The roadblock on climate politics at the national level in the US is broken at the state level in interesting ways. New York state has
“Announcement of evictions moratorium came from CDC, & was cast as a measure to contain virus. It would facilitate “self-isolation”, allow “social distancing ” &
Head of Deutsche Bank warns that European state aid to shield economy from COVID risks creating a horde of “zombie companies” and losing competitiveness against
The East Coast of the US Is blue, but it is also highly variegated in socio-economic & political terms -> states with ambitious green energy
@MacroEdge1 @GregDaco @SoberLook @georgemagnus1 Thank you so much for taking time to share your fascinating data. Really appreciated!
@MacroEdge1 @GregDaco @SoberLook @georgemagnus1 Thank you.
RT @UliVolz: .@MESandbu on the @ecb's secondary mandate: "the ECB is not only allowed to incorporate climate change considerations into its…
RT @MSchularick: Der @SchickGerhard wäre doch mal ein großartiger BaFin Präsident. Es steht schließlich nirgends, dass es immer ein Insider…
Extraordinary job listing for Amazon intelligent analysts to monitor “labor organizing threats against the company”, activist groups etc. twitter.com/lmatsakis/stat…
RT @georgemagnus1: @adam_tooze @GregDaco @SoberLook Yep. The z1 flow of funds data show HH net lending ( =savings) of over $2 trn or 13% gd…
US balance of trade slides towards record deficit @SoberLook https://t.co/eJi7KezioS
Great American Land Rush: working from home and anxious to avoid COVID hotspots, Americans are moving out of city center to less dense areas. H/t
@johnnyfreitag @GregDaco @SoberLook Household savings rate is steady but not insane by Asian standards. Corporate sector added a surplus too. The difference is made up
The US personal saving rate has surged. We know this is offset by big surge in gov deficit. Does anyone have handy data on what
Unemployment benefits and federal checks outweighed wage losses March-July 2020 PLUS unprecedented reduction in consumption -> US households built up reserves to tune of c.
The remarkable COVID seesaw in the US: personal income surged in April under impact of stimulus and then shrank v. consumption which shrank in March
In 2000 Clinton admin signed off with an Economic Report which ALMOST included a chapter exploring a future in which there US had paid off
The City of Chicago has its plate full with problems. Now add a $1.2bn record fiscal deficit to a difficult mix. $ 2bn by 2021.
Significant anecdote from @StephanieKelton Mike Enzi R Wyoming Finance Cttee didn’t think debt numbers with decimal points were dramatic enough -> suggested that @USCBO be
It costs up to $160 a tonne more to scrap a ship in Europe than in Asia. For a cruise ship, which averages 25,000 tonnes
Almost 350 very big ships make up the global cruise line fleet of the $150bn industry. Carrying 30 m passengers per year. How many will
In U.S., the richest country in the world, almost 2% of population, more than 5 m people, can’t afford a diet that protects against all
A while back I did an essay about Ulrich Beck, risk society and the COVID condition for @ForeignPolicy foreignpolicy.com/2020/08/01/the… Rodrigo Cantu of Universidade Federal de
“Once upon a time there was a brave man who imagined that the only reason men drowned was because they were possessed by the thought
The number of international tourists visiting Spain collapsed 75 per cent in July compared with the same month in 2019 -> 38bn euro cumulative shortfall
The world has a food problem. But it is NOT a problem of production. There is plenty of food but in wrong hands. @megandurisin @ekrembert
RT @RobinBrooksIIF: @marcmakingsense @adam_tooze Absolutely, you are quite right. That's why a dovish shift at the ECB needs to start with…
German economists have recently assumed far more prominent place in public debate. But this has also exposed divisions. @Lars_Feld v. @MFratzscher arguing over 2-year extension
The locust attack earlier this year did terrible damage inIndian Ocean region. I dont know why this story @davidpilling @EmikoTerazono from April was reupped in
Despite a glut of global food production, initial United Nations forecasts show that in a worst-case scenario, about a tenth of the world’s population won’t
Is COVID emergency over? How important is sustained income support? How large will the shock be from precautionary saving? Anyone who thinks this debate is
If taken too literally, Fed inflation averaging begs range of questions over dates that will be considered. It is best to read it, as it
Inflation v. Deflation: As far as the Eurozone is concerned the debate is surely over. Core inflation slumps to record low. And pressure from EUR
Hunger Is Threatening to Kill More People Than Covid This Year As many as 132 million more people could go hungry as the pandemic exposes
History of the electric kettle? For reasons that are obscure and involve a debate with the teenager I was looking into this issue this morning.
The UK&Ireland plus Northern Europe were key to driving global migration economy in mid 19th century. Caveats: 1. I wonder whether map is understating slave
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