ADAM TOOZE

Bank credit flatlined in 2008! Hard to exaggerate the significance of this graph for understanding Italy’s current… https://t.co/q30MVzL4T7

Pressure on #Italy rises. Country may be cut by Moody's on concerns over new government. Agency cites risk that pas… https://t.co/8dhfYUJiVk

Since turn of millennium US has a trade deficit in advanced technology products: advanced materials, aerospace, bio… https://t.co/TDgvhLfqyu

BBB/Baa2: There is 1 buyer holding up Italian bond market right now. The ECB. All it would take is a 2 notch downgr… https://t.co/ochTQD5N2p

Kill Zone: in last 10 years big 5 tech companies have made 436 acquisitions without antitrust challenge. Those they… https://t.co/PqzEqQt3jJ

They may not thank me for saying so, but the anti-militarist website @I_M_I offers fantastic analysis of German deb… https://t.co/2qabv5Xgx1

When housing inventory starts to build, should we expect a turning point in US real estate? w/t @calculatedrisk… https://t.co/uk1ST6zmbm

Ever since the Black Death the real risk free interest rate has been declining. @paul_schmelzing… https://t.co/N3DUME3UBy

German CDU’s economic council warns Italy against blackmailing Germany and against any collective risk-sharing thro… https://t.co/nBABLzHzh6

In the next 12 months Italy needs to roll over 297bn euros in public debt. An Italian crisis would make Greece look… https://t.co/AkyBuG2V3D

BBB/Baa2: There is 1 buyer holding up Italian bond market right now. The ECB. All it would take is a 2 notch downgr… https://t.co/wx8fBg1Plu

Thanks to Trump’s protectionism, the cost of steel in the US has surged far above that in Europe and China imposing… https://t.co/wCOnJHfYCf

The combined impact of taxes on labour – income tax, employee and employer social sec contributions is spectacular… https://t.co/1YtUm9MImp

BBB/Baa2: There is 1 buyer holding up Italian bond market right now. The ECB. All it would take is a 2 notch downgr… https://t.co/QdvhYwvqzB

BBB/Baa2: There is 1 buyer holding up Italian bond market right now. The ECB. All it would take is a 2 notch downgr… https://t.co/zd3QRxzIOf

How bad would it be if Italy were shut out of the bond market? Italian public debt due for redemption in the next 1… https://t.co/rJztxAEEXL

Is the new Italian government going to fight the EU over immigration rather than fiscal issues? Deplorable, but lik… https://t.co/zIBKOjNFMB

LA has a homeless population of close to 34,000 people on whom it spends $430m v. 63,000 are homeless in New York.… https://t.co/wnU1mplUth

The military-industrial complex that NATO built is a North Atlantic $200bn oligopoly. @SoberLook @SIPRIorg and… https://t.co/JC7nrTflMD

Reviving the military-industrial complex: The Trump administration and Republican Congress have turned on the tap o… https://t.co/4FyuV5oQMh

Allowing for PPP and tax and social security, average US earner ranks 10th in the OECD in terms of net disposable i… https://t.co/DSjJUJyYSW

The excess of US retail square footage is so large it can most likely be seen from space. Hence the anxiety about t… https://t.co/rIFIkjFyY8

It isn’t just public debt at risk. Guess which eurozone corporates have the largest share of the highly leveraged l… https://t.co/7qSx2D1VvB

How a reformist Italian elite gambled on Europe in the early 1990s and how that gamble went wrong. Some historical… https://t.co/JWUSPB0m0l

The contrasting fortunes of Argentine exports and imports since early 2017 is striking and accounts for gaping trad… https://t.co/EKnxOoxJJR

@robby_red I think it is the local air pollution folks are worried about.

Germany's exorbitant privilege: as ez stress rises bund yields fall and all without currency appreciation! https://t.co/ZLOZAhKHlm

If you read just one thing on Italy today make it this excellent roundup by @ojblanchard1 @SMerler @jzettelmeyer at… https://t.co/QexTJ24Hhi

Turkey’s yield curve is now sharply inverted. Other than through massive political intervention, how can they avoid… https://t.co/tMrO8mOA4r

One community I would like to know more about are Japanese currency traders holding long positions in Turkish lira.… https://t.co/yKHCWYMsE4

How deep is the Turkish crisis? How long @memetsimsek lasts in office articulating conventional macroeconomic polic… https://t.co/jqLMxNF1b7

6. (and definitely last) I had not appreciated the extent to which the large Italian debt was a product of loose po… https://t.co/6Ao9wKACM0

@a_lagna Hi Andrea would love to read your piece. unfortunately columbia does not have a subscription. can you send pdf?

US unemployment projected to fall to lowest level since 1950, at which point the historic transformation in balance… https://t.co/lkN3KVLghv

The surge in Italian euorscepticism marks this as a crisis made not just in Italy but in Europe. Some historical no… https://t.co/9YSltIISoA