ADAM TOOZE

Dec 2018 gave us a taste of what a sudden stop in corporate leverage and HY loan issuance might look like. Data fro… https://t.co/mILNEe1XoD

Despite improvement in capitalization, the European banking system remains a deadweight on its economy. Comparative… https://t.co/1PlrATDeXP

If there is a sharp slowdown and corporate debt runs into trouble, the US situation may be bad, but surely European… https://t.co/Z2kbAXNB3Y

Important to recognize that doom-loop in Eurozone always involved more than just bank-sov. It also involved insurer… https://t.co/MPlpcyslrh

South Africa’s Eskom electricity utility is a bankrupt disaster that threatens to blackout country and unleash a $3… https://t.co/KHYRc6mYku

IMF April 2019 Global Financial Stability reminds us that the bank-sovereign doom loop in Eurozone and particularly… https://t.co/JNQI8LOyJ3

"the problem, from the French perspective, is not Ms Merkel. It is what comes next.” AKK’s foray into EU politics h… https://t.co/G8PXGeRuWI

IMF calls the US: “late stage of the credit cycle”. The dashboard is flashing red. IMF GFSR April 2019.… https://t.co/kikzBTSZwf

Comparison of Chinese and Indian income distributions makes clear the gap between the two great Asian success stori… https://t.co/cshJ5yqzxI

You need to read the timeline carefully on these, but this comparison of US and Eurozone business cycles is telling… https://t.co/4YQcfYBsTP

“If a country gets brighter over time, it is growing. If it is getting darker then it probably needs an IMF program… https://t.co/krwLAjmoJD

The discontinuity after 2012 in the share of Euro corporate bond issuance that is BBB (lowest "investment grade") i… https://t.co/yP68qIKxGM

Ten years on, Europe’s portfolio of nonperforming loans is now back to where it was in 2009. This is substantial pr… https://t.co/L4lvtwFSnQ

Want to understand modern Germany? Recession of the early 2000s is not a bad place to start. Hartz IV labour market… https://t.co/2EmxpNzsbJ

Do Dutch Germans Japanese hold too few equities? A lot of smart folks are faulting comparison because data dont tak… https://t.co/Jse1xrBQkh

The difference in non financial business financing in US and Europe since 2011 is stark. IMF GFSR… https://t.co/3JRpjirZHq

@TychoOnnasch What is so weird is how poorly the financial cliches about Germany go together: they are traumatized… https://t.co/AfcNPVnS4R

#Archive30 A collection – We have an impressive collection of seal stamps, seals etc. Most important are the seal s… https://t.co/hGsVXUSRNt

German, Dutch, Japanese and Swiss households have very weird portfolio allocations: only c. 10% of their wealth in… https://t.co/jHeIN0tBtT

The racial pay gap doesn't get talked about as much as the gender gap but it's similar, and actually getting worse.… https://t.co/p3KO94bhFv

Glad to be a part of this and excited to see it moving forward – a fascinating project https://t.co/WF4bPLENxB

“Nostalgia over the collapse of the Soviet Union is at a peak this year. In addition, Stalin is seen as a figure wh… https://t.co/ZLM0wph5jW

"In Australia, Canada, Norway and Sweden, high household debt amid slowing housing markets represent a growing risk… https://t.co/X4DtE753BN

"It's only a matter of time until Fox News commentators start warning that a Democrat government will turn the Unit… https://t.co/qrc40m3l0x

“Nostalgia over the collapse of the Soviet Union is at a peak this year. In addition, Stalin is seen as a figure wh… https://t.co/UVG7WsY1Ge

"In Australia, Canada, Norway and Sweden, high household debt amid slowing housing markets represent a growing risk… https://t.co/lP1mNLODuk

"la junta de control" which is dictating Puerto Rico’s public finances has earmarked massive $1.5bn in bankruptcy a… https://t.co/nK3CH5DMNN

Leica self censors after China cracksdown on “tank man” commercial F/Nazca Saatchi Saatchi.… https://t.co/LrVeI9lOMZ

"Btw 2011 & 2017, some of the world’s largest private-equity groups and hedge funds… spent a combined $36 billion… https://t.co/Iitlh8BOZE

Creditors are coming for Venezuela’s assets. @colbyLsmith untangles the litigation with the assets of oil giant PDV… https://t.co/ahZxDpfIEl

Thank you indeed to @jathers and @HetanShah Its wonderful finance twitter produces these kind of exchanges. V best!… https://t.co/KKtceM2AH4

Notre Dame, Fatima, Russia, Putin, geopolitics, the Knights of Malta – this extraordinary long read by @izakaminska… https://t.co/wH3HXwCgP0

How tax havens turn economic statistics into nonsense – Britain’s second biggest foreign investor is itself.… https://t.co/1GZthCr0lN

This is good background on Foxconn chairman Terry Gou’s decision to bid for Taiwanese Presidency for KMT, which is… https://t.co/vzKGebUdGq

State-owned China Reform Holdings takes 58 % control of scandal-ridden Dagong rating agency as Chn struggles to est… https://t.co/F2q2Mebi5A