"These were times, Fromm asserted, when if you weren’t out of your mind, it meant you didn’t have one." twitter.com/AntonJaegermm/…
RT @njtmulder: Much to admire in Stefan Link's sweeping yet meticulous Forging Global Fordism, but especially its 'political history of mas…
Oct 4 1870: whilst besieging French army in Metz, German Jewish troops conduct Yom Kippur celebration. Later commemorated in this (very exaggerated) depiction, which becomes
Oct 5 1870: a month after battle at Sedan, Alfred Krupp finally receives a report from his confidant-lobbyist General Voigt-Rhetz who celebrates the superiority of
The Tsingtao brewery, founded in 1903, with its iconic German architecture and a Chinese-English sign reading: “Tsing Tao Beer can give you passion and happiness.”
October 1870: War and interior minister of the French 3rd Republic Leon Gambetta escapes from besieged Paris by balloon, survives Prussian attempts to shoot him
Kirin beer advertisement in a Korean newspaper in 1927 fosters pan-Asian strength through the consumption of western-style beer. H/t @ykomska from this paper by @JeffreyPilcher5
"This paper examines taste as a factor in beer’s arrival as a symbol of modernity in India, Japan, and China” FASCINATING @Gastronomica online.ucpress.edu/gastronomica/a… https://t.co/wyE7YcYb27
In absence of US Federal stimulus a lot depends on whether or not muni debt market with Fed backing will support spending by cities, states,
Analysts are trying to gauge risk from disputed 3 Nov outcome. What to compare to? 1960? 2000? Kennedy assassination? Nixon resignation? Clinton, Trump impeachment? Depends
There may still be coal production in US out beyond 2030 but the downward trend is inexorable. Time to make plans for a just transition
Investors who were brave enough to get into EM bonds at the turning point of Monday 23 March made great returns in dollars & in
One way of defining EM used to be that they still had classic inflation dynamics, wage-price-e.r. spirals etc. Now it seems lowflation may have come
RT @heimbergecon: I'm happy to share that our paper “The power of economic models: The case of the EU’s fiscal regulation framework” is now…
Further signs of normalization in China with hotel occupancy now above 2019 levels yoy. @MorganStanley via @SoberLook https://t.co/26gEWp1Zni
There appears to be sustained foreign demand for Chinese bonds. Unsurprising given the interest rate spreads & inclusion in major indices. More to it? @Gavekal
Has rapid labour productivity growth in China since 2014 has helped to keep unit labour costs flat in China? @bcaresearch via @SoberLook I was not
US Treasury may or may not release a report calling out Swiss currency manipulation. SNB has said it will not be deterred from fighting deflation.
The “great inflation” in the US in the 1970s was in fact two separate surges. @alpinemacro via @SoberLook https://t.co/dDGvhrVsJN
Security issuance by US non financial corporations hit spectacular new records this year. Driven by bonds. @yardeni via @SoberLook https://t.co/O4Y3a4IrjT
In the eurozone the decline in the rate of recovery of investor confidence was not as bad as expected … well there is some good
Say, Dems win a clean sweep of WH and Congress and, say, Biden implements proposed policies as opposed to likely compromises -> effect on US
CBO has revised its population projection for the US down by 25 million people by 2045. Seems like a huge shock. Is that kinda uncertainty
Recovery in US running out of steam in Q4 2020 predicts @MorganStanley via @SoberLook https://t.co/GRc8OILAxU
The cost of a 50kWh battery will fall from the current average of €8,000 to approximately €4,300 by 2030 but electric cars will remain more
The recovery in oil prices from all-time lows has done little to support energy stocks. Investors presumably fear that the problems go deeper. @bcaresearch via
“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that
Fantastic research checking terms of IMF lending programs, case by case to expose baked in austerity commitments. There seems to be a cognitive disconnect here
RT @danielmunevar: The "good" news is that we dont have to wait until 2021 for austerity. Its already here! Insufficient multilateral suppo…
RT @danielmunevar: Austerity like never before. 72 countries will begin fiscal consolidation in 2021. Tax increases and expenditure cuts ar…
Since 2000 Chinese exports to India have surged. Indian exports to China have not. @NatixisResearch via @SoberLook https://t.co/NvKX1ko3RO
Production in China has rebounded fast from the corona shock, BUT, and this is a big BUT, consumption has not. 5% down v recovery in
Eurozone government deficits have exploded to a total of 450bn euros = 4-5% of EZ GDP. @PantheonMacro via @SoberLook https://t.co/5FpDLzA8XF
Low interest rates are a financial relief not just for governments. Interest payments of European households are down too. @NatixisResearch via @SoberLook https://t.co/L3usP8gZ8X
Since 2000 Chinese exports to India have surged. Indian exports to China have not. @NatixisResearch via @SoberLook https://t.co/z8N2Rt8COW
Production in China has rebounded fast from the corona shock, BUT, and this is a big BUT, consumption has not. 5% down v recovery in
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