ADAM TOOZE

Which is what has left the BVerfG so adrift. Point I try to make here. https://t.co/x5Qtdo7Ohr https://t.co/WVFdTounR3

To escape impasse created by BVerfG ruling on ECB, in which one countermajoritarian institution checks another at b… https://t.co/aPBUY3o6Oj

"Half a century on from the collapse of Bretton Woods, 20 years since the beginning of the euro, it is time to give… https://t.co/Oo11XnsCIb

*GENERAL ELECTRIC SHARES PLUNGE TO LOWEST LEVEL SINCE 1991 ON HUGE TRADING VOLUME AS HISTORIC COLLAPSE CONTINUES… https://t.co/1VqZJpj2PL

@adam_tooze @GoldmanSachs @SoberLook FWIW Adam, there's not much signal there. Rather, those are typical oscillatio… https://t.co/htz2pYbZYA

China's post-COVID-19 stimulus will most likely come from the fiscal side and much of it will be funded through soa… https://t.co/aMG7e7cTOP

Dont expect business investment to lead the recovery – American small business is as pessimistic as it was in 2008… https://t.co/lLIZT8Vj1l

In early 2000s China’s growth single-handedly shifted the balance between state-owned enterprises and the private s… https://t.co/lbjg8JfVQM

THIS. Central banks reduce inflation through raising unemployment. That’s LITERALLY the mechanism. #Neverforget. https://t.co/XNepbV0SNS

German constitutional court ruling was an accident waiting to happen. #ECB is only a fringe issue here. Real confli… https://t.co/nraShH3gLY

Zambia, Ecuador and Rwanda have announced recently they are struggling to repay their debts. Many other developing… https://t.co/joXQwwUBOa

Great graph of global QE in response to COVID-19 H/t as ever to @IIF @RobinBrooksIIF New homework assignment: fi… https://t.co/ljP4jjdLmT

In 2008 the swap lines were about ECB/Bank of England, Eurozone, UK banking systems. In 2020 they are about Asia an… https://t.co/XhacALY8r6

The development of the global bond market since 1989 is a story of 1. continuous growth in US 2. Growth in rest o… https://t.co/lTFfzqb7FP

I would love to see a comparison to 08 https://t.co/6Rpf4t0wm6

How much financing pressure is implied by a government deficit depends critically on private sector savings rate. C… https://t.co/VRtpUUGpYu

Real time data suggests that after taking a knock in late April China’s economic recovery has resumed. @alpinemacro… https://t.co/MCY4ORSdlr

"Almost 40 % of those in households making < $40k lost a job in March.” These Americans do not drive the economy, i… https://t.co/e4RHVSVl7d

40%, FORTY, 4 0 % of households in US making less than $40k per annum lost a breadwinner in March! 40%! In the US… https://t.co/6tXbjDOZK8

Since beginning of COVID-19 crisis there has been an intensifying squeeze on household spending led by those with h… https://t.co/sxkZky8rAD

nearly 40% of those households making less than $40,000 a year had lost a job in March. “This reversal of economic… https://t.co/pGWqiuT6zy

Total newsroom employment in US fell btw 2008 and 2019 from 114k to 86k. Newspaper employees halved! @pewresearch v… https://t.co/gF8Dz7nMyh

For all the bemusement at the BVerfG judgment it is worth remembering just how massive Draghi’s 2015 QE was. A huge… https://t.co/iAICpZV61B

The bemusement of many of us in relation to the BVerfG judgement on ECB is that it treat as a matter of legal demar… https://t.co/spWdFZF67q

The Fed’s interventions have stabilized funding markets and the Fed knows it. This is @NYFedResearch celebrating th… https://t.co/o7Sen54uRR

German “conservative peasant revolt against modern monetary policy”…bring out ye pitchforks! #BVerG #Karlsruhe… https://t.co/FQoWT2M0if

@ThorstenHild @adam_tooze @BVerfG @ecb @AloysiusWidmann @derStandardat "Konservativen Bauernaufstand gegen moderne… https://t.co/z0rAC1G1Hh

Since 2008 successful investors in the US stock market have effectively bet on the dominance of big capital over me… https://t.co/IGWrlxgZ8L

I did an interview with @AloysiusWidmann for @derStandardat on central banks/ECB/German constitutional court etc. https://t.co/GwkAsgvq5l