ADAM TOOZE

@bonddude That is indeed the question!

This looks really interesting on MNC and global politics in the 1970s. H/t @andrewelrod twitter.com/andrewelrod/st…

Can the post-corona revival raise the rate of public investment in Euro Area back to levels seen prior to 2008 and austerity? @DeutscheBank research via

The increase in R&D expenditure as share of GDP in China since 2002 is driven almost entirely by surge in corporate spending. @Gavekal via @SoberLook

@andrewelrod @DavidpStein @TiltingatM3 @BuddyYakov @KatharinaPistor @AntonJaegermm @RajaKorman @NMaggor @zeithistoriker Well that is very interesting too. Church cttee etc blows my mind!

The big-name Chinese firms that have slid into default in recent months owe another 172.6 bn yuan by Nov 2021. 63.9 bn or 37%, are

The recent surge in Chinese debt defaults comes after a relatively moderate year so far. Yuan value of debt defaulted was larger in 2019 year

@DavidpStein @andrewelrod @TiltingatM3 @BuddyYakov @KatharinaPistor @AntonJaegermm @RajaKorman @NMaggor @zeithistoriker If that brackets Carter and Kelton Im certainly curious too …

@DominiqueReill Prologue Society? And no need for any encouragement when it comes to Miami!

2020 EM shock is looking like a very nasty “taper tantrum”. And that is not to downplay the caesura that followed 2013. @IIF via @johnauthers

Funds are sloshing back into EM equities and bonds, to the tune of $76.5 bn in November, significantly higher than the $23.5 bn in October

RT @tsukkiskys: i’m pleased to introduce y’all to my newest obsession – – – accidental renaissance photos: a thread https://t.co/uBG2aDqTxw

Hilarious. Ive not played it. But the political economy seems a little misguided … "the central banks also face disaster — print too much money

RT @BooksandBooks: Treat yourself this holiday season to @robert_harris’s V2: A NOVEL OF WORLD WAR II, you won’t be able to put it down. Ch…

The US mapped: federal land, shale basins and wells. @TS_Lombard via @SoberLook https://t.co/DGQmZnomXE

China’s $1trn 2015-6 reserve shock remains the benchmark for recent EM’s balance of payments shocks. 2020 was far more widespread, but less deep and prolonged.

In 2020 US imports from both Germany and UK contracted, but UK goods were hit far harder -> German/UK ratio surged. @valentinaromei ft.com/content/869f7e… https://t.co/1akWq2tYs8

Mexico will cash in its oil price insurance policy receiving a payout of about $2.5 bn from its 2020 sovereign oil hedge v. $5.1 bn

“Large parts of business community are running out of patience,” said VP of Assoc of Equipment Manuf, represents > 1,000 U.S. Companies. “It is beyond

Global Britain? In 6 months to Oct, value of goods imported into China from UK fell 18 % compared with 2019, while it rose 1.1

Comparing US with world stock markets is to compare two very different beasts! Top ten share in US > 25% of index v. 12% globally.

UK gov boasts of “spectacular maritime wealth”, but Brits don’t actually like fish caught in UK waters and prefer more far flung imports of tuna

The False Promise of Enlightenment Three new books paint a chilling portrait of darkness in Wall Street, the law, and technology. But the apocalyptic metaphors

China’s ratings agencies are under intense pressure not to downgrade SOE bond issuers despite obvious troubles. But markets draw their own conclusions in recent weeks!

RT @SebDiessner: Big day! (for euro crisis nerds like me) First a hearing @EP_Economics on improving @ecb accountability for which @stanjo…

Coal is a killer in the here and now, as well as in the climate-change future twitter.com/EmberClimate/s…

In light of vaccine news @OECDeconomy sees global GDP bouncing back to 2019 level in Q3 2021. There is no recovery to pre-crisis growth path,

Hong Kong’s future as a Chinese rather than a global financial hub. Interesting as ever from @KangHexin ft.com/content/43ed7e… https://t.co/WMxuS0fiyR

Collapse in Indian gov revenues by 17 % is a measure of the severity of the downturn caused by lockdown in March. @Gavekal via @SoberLook

After Lagarde’s “spreads gaffe” on Marc 12, @ecb chief economist Lane weighed in with calming blogpost many of us read. Turns out he made some

RT @PeterDWindsor: In appearance, amazingly like the last Bluebird (one of Adrian Newey's favourite cars). twitter.com/TheBishF1/stat…

Vaccine news -> @OECDeconomy growth scenarios in November 2020 are better than more optimistic scenarios envisioned in June. ft.com/content/14331c… https://t.co/ZCAxSwGOD8

RT @CarlZha: Zhou En-Lai speaks to comrades at CCP office in Chongqing, 1944 in WW2 https://t.co/zcoythqXjQ

Thank you @AndrewWattEU All the more important because what I am doing is quoting the @ecb Financial Stability Review. The economists in the bank know

RT @Erik_Jones_SAIS: EU governments are running large deficits without complaint from the Commission because last March the Commission reco…

@RajaKorman @BuddyYakov @AntonJaegermm @TiltingatM3 @NMaggor Totally agree with the above, but hasn’t 2020 also taught us something about reliance on state apparatus as frame for