ADAM TOOZE

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Germany started fighting WWI in 1914 with a GDP per capita measured in Maddison 1990s dollars of c. $3800 i.e.

March 9, 2021

Germany started fighting WWI in 1914 with a GDP per capita measured in Maddison 1990s dollars of c. $3800 i.e. that of lower middle income country. War expenditure rockets to 50% of GDP by 1917 and GDP collapsed.
Stark data from @mark4harrison and Broadberry Economics of WWI. https://t.co/Z7K2mmESYo

RT @ctorresreporter: Ice cream CPI. This is out of control We need tighter monetary policy. Seasonally adjusted, mind you, so

August 9, 2022

RT @ctorresreporter: Ice cream CPI. This is out of control We need tighter monetary policy. Seasonally adjusted, mind you, so clearly too m…

Global rate of shipbuilding never recovered from 2000s boom-bust cycle -> capacity shortages now will not be fixed in short-run.

August 9, 2022

Global rate of shipbuilding never recovered from 2000s boom-bust cycle -> capacity shortages now will not be fixed in short-run. ft.com/content/9bdc26… https://t.co/cAufcDGTJx

Congestion at ports and slow turnaround is hobbling global shipping capacity. The proportion of the world cargo fleet in port

August 9, 2022

Congestion at ports and slow turnaround is hobbling global shipping capacity. The proportion of the world cargo fleet in port was up 7 percentage points