ADAM TOOZE

Twitter

Whereas the US mortgage market since 2008 is dominated by prime rated borrowers, credit card debt is 50/50 prime v.

November 23, 2020

Whereas the US mortgage market since 2008 is dominated by prime rated borrowers, credit card debt is 50/50 prime v. near prime/subprime.
federalreserve.gov/publications/f… https://t.co/mpeOA0XWPv

Energy Capex as a % of operating cash flow is at historic lows. A lot hinges on how you explain

June 28, 2022

Energy Capex as a % of operating cash flow is at historic lows. A lot hinges on how you explain this. thedailyshot.com/2022/06/28/bus… https://t.co/VkOyCMuPqs

Over the next five year Fitch expects global steel prices to retreat – as growth in China slows – but

June 28, 2022

Over the next five year Fitch expects global steel prices to retreat – as growth in China slows – but to remain at historically elevated

Interestingly, if you had to pick out a country that combined extreme inequality with severe, imported food-price inflation it would

June 28, 2022

Interestingly, if you had to pick out a country that combined extreme inequality with severe, imported food-price inflation it would be …. Colombia! thedailyshot.com/2022/06/28/bus… https://t.co/HGamf8R9sS