ADAM TOOZE

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Commodity traders were forced to cut LNG positions because of margin calls to cover derivative hedging contracts. “At one stage,

November 16, 2021

Commodity traders were forced to cut LNG positions because of margin calls to cover derivative hedging contracts. “At one stage, I think the initial margin was something like 25% of the price. The market almost became dysfunctional as a result,”
ft.com/content/a06df5… https://t.co/rYda8p30qO

@wgoggin @JWMason1 @tomashirstecon @M_C_Klein @DanielaGabor @DavidBeckworth The entire idea of "fiscal space" is a conventional construct. By convention if the

March 31, 2023

@wgoggin @JWMason1 @tomashirstecon @M_C_Klein @DanielaGabor @DavidBeckworth The entire idea of "fiscal space" is a conventional construct. By convention if the debt to gdp ratio goes

@IronEconomist @M_C_Klein @JWMason1 @tomashirstecon @DanielaGabor @DavidBeckworth Which is what I meant when I said "shock to the price LEVEL" …

March 31, 2023

@IronEconomist @M_C_Klein @JWMason1 @tomashirstecon @DanielaGabor @DavidBeckworth Which is what I meant when I said "shock to the price LEVEL" … phew. glad we agree on

@JWMason1 @DanielaGabor @DavidBeckworth All I claim is that the size of the swing in the debt/gdp is remarkable and this

March 31, 2023

@JWMason1 @DanielaGabor @DavidBeckworth All I claim is that the size of the swing in the debt/gdp is remarkable and this creates fiscal space we werent