Eurozone government deficits have exploded to a total of 450bn euros = 4-5% of EZ GDP. @PantheonMacro via @SoberLook https://t.co/GXuO9MqDks
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/RX4an4ItPE
RT @bhbradlow: Does the collapse of stimulus talks mark a turning point for the many interests hoping to influence a Biden spending bill in…
RT @PRoufos: Late to this but what a brilliant piece by @adam_tooze and @stefeich!! thanks @jvtklooster for reminding me! https://t.co/4b5R…
'If anything real is to be done, bureaucracy must be abandoned for democracy. War must be declared on the oil barons and shareholders’: Lenin. The
The Cuban government has said about 30,000 of its doctors and nurses are deployed overseas. They are one of main source of foreign exchange for
Proposal for a Ford V-8 powered mid-engined Lotus Sports Racer by Ron Hickman, 1963. How a failed bid for the project that would become the
If, in 1860, you had to make an equity investment in one chunk of the capitalist world system, which would you pick? … Canada is
When Deutsche Bank say we are facing a new “Age of Disorder” their visuals say: PAY ATTENTION! https://t.co/EPNIJYaY5p
Could we be about to witness a huge and simultaneous surge in renewable energy investment in China, the EU and the US simultaneously? ft.com/content/9360a2… https://t.co/F7fHj0z5ML
Trump’s tariffs are unlikely to shift manfuacturing back to the US, but they could easily trigger new supply-chains out of Asia and Latin America. @KathrinHille
Taiwanese manufacturing FDI was key to driving China’s export-industrialization over last 20 years. That flow is now ebbing fast. @KathrinHille ft.com/content/40ebd7… https://t.co/Mo59rApcJV
“Where [emerging market interest rates] are going to go in the next few years is unclear, but we should worry about this,” Mauri Obstfeld. EM-AE
Samsung Fire & Marine and Samsung Life have provided more than $13.8bn in backing for the coal industry through project financing, bonds and insurance underwriting
"EU's July recovery program may ultimately pave way for establishment of a fiscal union. But if EU funds fail to deliver, or if political interests
RT @PeterDanaher: Brilliant. https://t.co/r6jW2Byaex
RT @sbmktg: Road signs. Racing the way it used to be. #Martini #MotorRacing #DrivingBusiness #sponsorship #MotorsportMarketing #SportsMarke…
Europe’s green stimulus in response to corona crisis dwarfs those in US, India and China. @wef weforum.org/agenda/2020/09… https://t.co/xskPPpT7yI
EM borrowed c $145bn on international bond markets Jan-Sep & $630bn on domestic markets = + $135bn yoy. BUT on NET and outside China flows
The monetary easing that saw EM through corona shock in spring of 2020 has reached turning point -> @jzettelmeyer @RobinBrooksIIF warns of tightening financial squeeze
Btw 2006 and 2016 earnings from tourism tripled in relation to Thai GDP. From the 2016 onwards they have stagnated at a high level. 2020
Amongst general dissatisfaction amongst Arab youth Lebaonon stands out: More than three-quarters of young Lebanese people said they were actively trying to leave or had
EU is "going to distribute €1.7tn in an atmosphere where trust between member states is decreasing” and the issue this time isn’t Italian finances, it
Argentina’s unemployment levels are surging to level last seen in aftermath of disastrous 2001/2 debt crisis. @SoberLook https://t.co/CuN8bxLFTw
Guess where the HQ of BioNTech, one of Europe’s leading vaccine makers is located in the pretty town of Mainz? An der Goldgrube 12 which
When folks ask “So where are all the jobs to come from?” Don’t be afraid to answer: public investment. IMF figures for jobs per $1m
This is an incredibly telling indicator of where the dramatic growth in CO2 output is happening now. twitter.com/SasjaBeslik/st…
The surge in unemployment in Colombia has been a crisis for millions of Venezuelan migrants/refugees as well = largest displaced population in world since 2015.
If you ever catch the IMF saying “crowding out” ever again you will know they dont read their own reports. Large crowding in effects of
RT @peterhatter: The hot end of a Lola T70 without bodywork. A metallic work of art I say. https://t.co/26SlLeNXKR
RT @LienhardRacing: 1990 "Suitcase Car" © by MAZDA https://t.co/kTQMMqkFSJ
RT @Banjoman2011: 191 years ago today, the Rainhill Trails commenced, we all know the outcome, but I do think Mr Hackworth would have given…
IMF publishes call for debt-financed public investment to remedy decline in public assets as share of GDP. With China as benchmark! Poacher -> gamekeeper. @IMFNews
RT @nfergus: Reminder: “Keep Calm and Carry On” was never used during the war. Though millions of copies were printed in 1939, it was decid…
Paul Volcker’s interest rate shock combined with falling inflation initiated a 40 year period of positive bond returns. ft.com/content/74d6c6… https://t.co/mM2myj6BJY
IMF comes out in favor of debt-financed public investment and guess where it wants governments to start: Maintenance! @DEHEdgerton @STS_News ft.com/content/fc7ad8… https://t.co/n9pncf70z6
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