ADAM TOOZE

“It’s always hard to predict the economy,” he says. “It usually isn’t this hard to predict the politicians.” David… https://t.co/IWUA5X8O2H

In new world of German politics the coalitional arithmetic has been completely scrambled. Greens have become indisp… https://t.co/X4HkiBt6xN

Another weekend, another amazing poll out of Germany. Greens #1 and SPD down to 11%, trailing in fourth. https://t.co/yz6oc1PfYn

"Fed officials are not looking at the current situation through lens of 2007 — which would spook markets — but thr… https://t.co/Qi2HWMY9L5

When analysts dismissively refer to Russia as “Spain with nukes” on account of Russia's modest GDP, they too often… https://t.co/WhFFWXupon

Whereas the productivity gap btw N v S Italy and W v. E Germany is similar in proportional terms, Italian national… https://t.co/zpowycql0E

@samhaselby I thought about quibbling too and then decided that the interpretation hinges on the word “best”. If a… https://t.co/ZS4gIi6S40

"The best restraint on any elite is its sense of shame. Without that code, anything is possible. Everyone in Americ… https://t.co/Ureqi1ugJx

A profound dilemma of liberal militarism exposed here. America’s top soldiers officially promises never to send the… https://t.co/v3g2SYlHNJ

If the Fed were to cut rates, it “would be an insurance policy to keep ahead of the significant dislocation from th… https://t.co/vCHayOJIiu

Largest cities in Europe in 1800: London and Paris are obvious but Naples at #3 causes a double take! Far ahead of… https://t.co/BD6vAAyTjN

How European maps of the world changed over the last millenium. https://t.co/wss1DHr0PB

Fieldmarshal Josef Count Radetzky born under Marie Theresa in 1766. Fought at siege of Mantua, Marengo, Ulm, Wagram… https://t.co/YRN9hKM2tV

Since 2010, not since 2015, Germany’s stock of foreign residents has risen from 6 m to 10 m. Do we have a good stor… https://t.co/tcgZ0KgHYK

In my eyes, @jzettelmeyer here has a point. And as before, I remain highly sceptical of the usefulness of such fisc… https://t.co/qczgadasMn

@jzettelmeyer @lucasguttenberg @pisaniferry Strong contender for the harshest take on the “Eurozone budget” from th… https://t.co/N3VFiJRs5X

In 1950 in US (as in Europe) coal was an all-purpose input. From 1960 to 2008(sic!) consumption more than doubled w… https://t.co/a4TnxL2lG0

Surging US LNG exports are “locking” the global economy and in particular Asia to the development of shale gas and… https://t.co/CbLjF9QvfY

In next two years, US capacity for LNG exports is set to double. The momentum towards "carbon lock-in" around the s… https://t.co/l1YrnW3qUO

Europe must fix its fiscal rules: "The eurozone has gone so far in piling up constraints, on the assumption that go… https://t.co/gEwjQhJds0

Important investigative book on the EU's emergency plans in case Greece was to leave the euro area back in 2015. In… https://t.co/Ezr6wcq0EC

A must read from @ojblanchard1 on how to make EZ fiscal policy more sensible in today’s world: raise the 60% debt/G… https://t.co/iG4xdotK3Z

My cousin in England told her colleagues she wanted a Mariah Carey birthday cake. They misunderstood, and is the ca… https://t.co/o9zkPvgrZk

Increasingly North American migration is a Mexican problem not in sense that Mexicans migrate, but in sense that ce… https://t.co/2HyEAIQMmh

Eurozone market-based inflation expectations have slumped below the levels that triggered Draghi’s gigantic QE push… https://t.co/mChzBZR8B7

Please take reports of a "eurozone budget" with a pinch of salt. The amount being talked about, €17bn, is piddly. S… https://t.co/5jXVTZk7pf

One last note: Turkey's balance of payments data really is top class — other emerging economies should emulate it… https://t.co/3VlHChuTal

Campaign against Nonsense Output Gaps (CANOO): my favorite thing is connecting with Germans who support the idea of… https://t.co/VYtnURsoRL

Moody's cut #Turkey's credit rating deeper into "junk" territory as 'the risk of a balance of payments crisis conti… https://t.co/OAFta6FCBi

Turks vote with their feet: The share of FX deposits is now higher than lira deposits. My favourite chart from Mood… https://t.co/m8iWTEPMII

One of the areas where Germany’s abysmal investment rate shows up: basic internet backbone. https://t.co/2pgPdx3RGg

Don’t shoot the messenger. Sad that what we are seeing in response is banks no longer willing to write and publish… https://t.co/fYWbvwMx8S

A container ship unloads its cargo beside the Battleship USS Iowa at the main port terminal in Long Beach, Californ… https://t.co/cYprfyKi1F