ADAM TOOZE

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China’s stimulus in 2020 and 2009 are quite similar in scale but GDP has more than doubled -> proportional impact

November 20, 2020

China’s stimulus in 2020 and 2009 are quite similar in scale but GDP has more than doubled -> proportional impact is far less. Also far less heavily focused on construction
ncbi.nlm.nih.gov/pmc/articles/P… https://t.co/W84ZLep7wC

RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…

January 24, 2021

RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…

Chartbook Newsletter #12 just posted. On the dangers of Euro Area complacency. A cause @RobinBrooksIIF @heimbergecon @DanielaGabor and I have

January 24, 2021

Chartbook Newsletter #12 just posted. On the dangers of Euro Area complacency. A cause @RobinBrooksIIF @heimbergecon @DanielaGabor and I have been urging for some time.

Pfizer reported more than $50 bn in revenue last year. Its Covid-19 vaccine is expected to generate about $14.6 bn

January 24, 2021

Pfizer reported more than $50 bn in revenue last year. Its Covid-19 vaccine is expected to generate about $14.6 bn in revenue 2021—some of which