ADAM TOOZE

This review of energy stories in 2018 by @Ed_Crooks and @FT energy team is a remarkable must read source!… https://t.co/pFERiAzR4K

US shale revolution was driven by technical innov in horizontal drilling & fracking, but it also depended on moneta… https://t.co/ZTNMurb5Z5

Photographs taken in the 1920s in Galicia in the town of Rohatyn and in Koniushky village that are currently a part… https://t.co/BNRG5oI8wn

Russian White Forces and the Czechoslovak Legion capture the city of Perm, Russia from the Bolsheviks. Men of the C… https://t.co/LWsgRQ7Jhl

The oil price shock in Q4 2018 is something to behold! Will send reverberations through the world economy.… https://t.co/4tBb5AwK1F

If we break world econ not by nations but by currency zones current account imbalances are less severe, but they al… https://t.co/brrkUzZJli

Want to see an industry with a truly cyclical demand pattern? Look no further than Japan’s machine tool industry su… https://t.co/O2YpAlDIjx

"If IMF’s projections prove accurate & if currency zones are stable, $zone and euro zone current accounts could fig… https://t.co/qfQVZXAeAt

"outbreak of acute phase of GFC in 2008 saw $ appreciate … This caused US net international liabilities to balloo… https://t.co/ZPqizTvVjF

Whether you use the Ito-McCauley definition of currency zones or the Ilzetzki, Reinhart and Rogoff method, the shif… https://t.co/XkoNHbo8WW

"while US current account reached its all-time nadir in 2006, $ zone current account reached near balance. So-calle… https://t.co/E6EHMa4mBa

If you take data 2015-2017 and allow full impact of August 2015 shock then the RMB is already a key currency for mu… https://t.co/BmxlfUlROE

Global currency zones as estimated using co-movement of exchange rates. Ito & McCauley of @BIS_org look at influenc… https://t.co/FACccQhJce

The ECB’s QE had to end some time, but did it have to end as EZ credit conditions were tightening this sharply? Has… https://t.co/0neObpoRG5

ADDRESS the DOOM LOOP insist Danièle Nouy, the eurozone’s chief banking regulator & Olivier Guersent, the European… https://t.co/1FnWaXzVCp

"The US Treasury did not take advantage of rock-bottom rates to lock in low funding costs over the past few years.”… https://t.co/qcqlrb7QVN

America’s recovery from the 2008 recession was bifurcated: households deleveraged, corporate America did not!… https://t.co/Aj2xGdCxqg

Are Germany’s current account surplus/foreign claims accumulation excessive? @bundesbank uses IMF’s External Balanc… https://t.co/A00FGLGjsI

Argentina’s trade account is beginning to look a bit like Turkey’s: huge surge in surplus driven (Im guessing) by f… https://t.co/LRDQO0Kskr

In 2010-11 huge surge in exports to China, fueled by Beijing’s stimulus, delivered significant boost to eurozone ec… https://t.co/tsg44qxANx

Is Germany a bad foreign investor? @bundesbank claims the rate of return of 3.7% 2008-2017 ex post is better than r… https://t.co/WZG4lcCe6P

Okay, this is epic. A Soviet BMP-1 and freshly-painted T-55 for sale in #Idlib today. The owner asks for $60,000… https://t.co/1lnldH7QPf

Armaments programs have a life cycle: R&D, investment, ramp up, delivery .. China’s recent wave of military investm… https://t.co/DiA69R6XOw

As @bundesbank data surge huge surge in net foreign asset position since 2007 is unique to Germany. Neither Japan n… https://t.co/MVxMpgC0P3

More Bulgarian weapons for the Middle East https://t.co/Ra8XWG64ER

Apparently, Lee Miller and Man Ray re-discovered “solarization” (brief exposure to light in the process of film dev… https://t.co/i4kq0Oqyhn

Concrete structure with stairs. By Edward James, 1960’s. Xilitla gardens, San Luis Potosí, México. photo by Roberto… https://t.co/m3Ne4WBUdk

With 300 m sufferers (more women than men) depression is the leading cause of disability worldwide, and is a major… https://t.co/Ee1BaGpMED

Tariffs and the Minimum Wage Are More Alike Than You Think @M_C_Klein invokes Stolper, Samuelson and List to argue… https://t.co/DY6vUAi3te

Something is broken in the American labour market. Truck freight rates fluctuate cyclically but trucker's hourly ea… https://t.co/WzmOc4fBn3

“There was this mythology, as if Merkel could save us from ourselves. She would save the European project. She woul… https://t.co/QNDPYGjHm3