ADAM TOOZE

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"An abrupt end to gov policy support schemes would pose cliff-edge risks to the debt servicing capacity of euro area

November 25, 2020

"An abrupt end to gov policy support schemes would pose cliff-edge risks to the debt servicing capacity of euro area firms and households.” Knock-on effect on economy and banks’ balance sheets and capitalisation. KEY warning from @ecb to European govs!
ecb.europa.eu/pub/financial-… https://t.co/1IcuiCevVQ

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