“Power without revenue is a bubble.” Alexander Hamilton. https://t.co/cniY4rc34C
“Power without revenue is a bubble.” Alexander Hamilton. https://t.co/cniY4rc34C
“Power without revenue is a bubble.” Alexander Hamilton. https://t.co/cniY4rc34C
RT @DFesterling: @adam_tooze quite a number of the russian officers were from baltic areas, speaking german; other officers hired guns from…
RT @GeorgyKantor: @adam_tooze When Koenigsberg was under Russian occupation he petitioned the Empress (in Russian, I assume someone transla…
RT @njtmulder: "At a Princeton conference organised by R.R. Palmer, Castro reassured his audience that his revolution would take its cue fr…
@AlexBMcauliffe Organized as it is shown in this contemporary water color? As a 20th-century historian it is so hard to avoid back projecting.
The fact that Immanuel Kant delivered public lectures in Koenigsberg during the 7-Years War to audiences including large numbers of Russian officers always blows my
I love the fact that the British painter Stanley Spencer moved his equipment around in a battered old pram! culture24.org.uk/art/painting-a… https://t.co/YicuN91N9Y
Executions by firing squad at Gigantes near Nantes as part of Vendée repression 1793-4 My hunch is that this kind of mass execution – “par
This conversation btw @DanielaGabor and @DavidBeckworth Financial Globalization, Capital Controls, and the Critical Macrofinance Framework is as excellent as you would expect. mercatus.org/bridge/podcast… https://t.co/9hjqAHn21g
"For many in Western history, games of chance represented a portal of possibility, not a heresy to be demonized or a statistical probability to be
RT @MkBlyth: @adam_tooze tells it as it is for the Eurozone, and as usual its a disappointment despite all the bluster about NextGen funds…
RT @PhilippaSigl: @adam_tooze The headline is a bit over optimistic though. He is calling for a grace period and wants to put the date by
“Investors cannot fight the global, co-ordinated monetary policy. It’s almost disheartening. The only place in the world that pays any kind of real yield is
The EM contained damage from financial shock early in 2020, but their economies nevertheless took savage hit from virus. Latest @IMFNews make dramatic reading! Via
The rise in China’s share of the US deficit is a LOT less dramatic than the rise of the US-China trade deficit itself! ft.com/content/26ab63… https://t.co/BpdbdUE3te
"Companies have raised $400bn in funds in the first three weeks of 2021 as the torrent of government and central bank stimulus to rescue global
"Wolfgang Schäuble issues warning on EU recovery fund”. Of Course. But kicker at end about Euro bonds is worth hanging on for! @GuyChazan ft.com/content/ba1771… https://t.co/KGh3AUPH6q
RT @boeckler_de: Kritik an der #Impfstoff-Beschaffung: Hätte mehr Geld geholfen? Oder nur eine ganz andere Industriepolitik? @IMKFlash-Dire…
RT @marinamaral2: Detail: https://t.co/FET96oqcY3
Faced with frothy market central bank is suggesting some tightening of monetary policy. Europe: What? NO! You out of your mind? US: No. But Maybe
RT @EuroBriefing: .@adam_tooze is right in his analysis of euro area. With each crisis, it ends up weaker. The recovery fund is too little,…
“The taper tantrum left scars on anybody who was working at the Fed at that time,” Powell told the 2019 annual meeting of the American
Even within Germany’s CDU there are now voices calling for amendments to the debt brake. ft.com/content/c0379b… https://t.co/nX9Z74f2CG
Protesting farmers in Delhi are contesting the official Republic day celeberations … en masse! Claiming the Red Fort. ft.com/content/0312fd… https://t.co/jR8ixNJZoM
Another highly informative thread from @jfkirkegaard on the vaccine rollout in the EU. Essential reality check this! twitter.com/jfkirkegaard/s…
RT @jfkirkegaard: Comparing DE to England shows comparable current levels at the same stage of the rollout, but no sign of a major accelera…
When will Fed taper is the new topic du jour! Powell was a strong advocate in 2013 -> taper tantrum. Implications for global $ debt
RT @COdendahl: @tom_nuttall @lucasguttenberg @HBraun @ArminLaschet good question. To force Laschet to tame the Merz crowd early on, and pre…
Schäuble "indicated that” contrary to many in CDU “he did NOT see EU recovery fund as a one-off … he never excluded idea of common
@maxkrahe @HBraun @JWMason1 Hi Max love this tread. Will be interesting to see how German discussion processes a paper about US public spending in WWII,
RT @maxkrahe: @HBraun's Artikel im @handelsblatt von heute morgen schlägt Wellen. @PhilippaSigl zeigt: im Hintergrund schweben große Fragen…
Last year’s agreement on an EU recovery package was widely celebrated. This year its inadequacy will sink in. The attention of the European public is
Why is Euro Area not recovering faster? Why will it not regain 2019 GDP level until 2022? Why is US recovery likely to be far
RT @GustavAHorn: "Not enough" thinks @adam_tooze on the European recovery package. I agree. In addition it is too slow. So we must give sp…
Wishing you a very belated Happy New Year.
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With just three weeks to go before submission of the manuscript for Shutdown – out in September – things are getting pretty intense.
But, life goes on. Term has started. I have a regular column to do for Social Europe and I’m looking forward to giving one of my monthly talks for Conley & Silvers on Monday night.
So, I thought I would take a break from the grind on the book, to do a newsletter on the outlook for the Euro Area.
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
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