ADAM TOOZE

Tracing my line of thinking about central banks from the recent @ForeignPolicy piece I cant deny that grappling wit… https://t.co/XnSfUa8jYK

America’s large banks may be safe than in 2008 but their lending to nonbank financial firms e.g. REITs, mortgage le… https://t.co/LKdjvzLCaO

"As of Q4 2019, the total amount of liabilities most vulnerable to runs, including those of nonbanks stood at $15.5… https://t.co/BgoSHkBSvS

Sometimes lessons are learned: as COVID-19 struck, big US banks relied on short-term wholesale market funding to co… https://t.co/WgeRBnTVZ7

2020 is not a housing/mortgage-finance crisis but Fed purchases of MBS in recent weeks have outpaced those in 2008.… https://t.co/ecVvZOXSan

@bhbradlow Adrienne Rich was such a profound thinker of history and modernity. If I knew how, I would teach her al… https://t.co/XukPhS3OnQ

"How much lies and gibberish are we expected to tolerate?” @GeneralTheorist is always brilliant. MUST follow. But… https://t.co/kS66v68aF3

@bhbradlow Adrienne Rich was such a profound thinker of history and modernity. If I knew how, I would teach her al… https://t.co/XukPhS3OnQ

"But the great dark birds of history screamed and plunged into our personal weather… I was going to tweet Adrien… https://t.co/JoWEOViIfx

Turning points We all like to hear about those. Points on a graph. Sudden conversions. Historical swings. Some k… https://t.co/SCosa3AyzV

In my sixty-fifth year I know something about language: It can eat or be eaten by experience … poety means refusing… https://t.co/RO58gXymnu

Tracing my line of thinking about central banks from the recent @ForeignPolicy piece I cant deny that grappling wit… https://t.co/sXpPXnH8Vp

@AltSpinelli I think it is a great question about an unlikely contingency.

America’s large banks may be safe than in 2008 but their lending to nonbank financial firms e.g. REITs, mortgage le… https://t.co/BcOeSXuAwO

Every surge of unemployment levels — whether the 1930s or 1970s or 2020 — brings with it struggles over the contr… https://t.co/T5n9bfiYAe

In 1978 Hirsch & Goldthorpe published their seminar collection on political economy of inflation. In 1976 Robert L… https://t.co/78W65oV4mj

For a politics of monetary policy. I did a piece this week in @ForeignPolicy on BVerfG and central banks. This blog… https://t.co/9RzUprKIph

Measures of financial stress: expect credit card and auto loan delinquency to spike as COVID-19 shock hits.… https://t.co/E4UPB5cCZU

For a population of 328 m (2019) the US has >500m credit card loans outstanding AND c. 120m auto loans… https://t.co/dcM2xU96HR

Plausible estimates put India’s unemployment rate in the 25-30% range. That's c. 170 m people! These data from… https://t.co/38Cp9JF41p

Oil & gas: direction of support provided by Canadian government during COVID-19 crisis seems pretty unambiguous.… https://t.co/D3q7jt5qZE

Over last ten years Australia has become a fascinating experiment: highly sophisticated, multi-cultural, AE, democr… https://t.co/H4jqjh913l

By 1st week of May majority of US chief financial officers were not expecting a return to business as usual before… https://t.co/ThDlY3sfkX

Publicly-owned banks in advanced economies tend perform a countercyclical role v. In EM where they have been strong… https://t.co/ckK2z1Rtba

If comprehensive electrification is key to green energy transition – both widening provision and deepening electric… https://t.co/HlT0bha3yY

State-owned enterprises are 1/3 of the entire emerging market sovereign hard currency debt tracked in the most wide… https://t.co/QRJlhOE6ES

Top 50 state-owned enterprises makes for an impressive list! All Europe/Asia/LA. No US …? But think about bailout… https://t.co/0T4ceEWSw3

State-owned multinationals (think VW or Rosneft) are important players across Europe and Asian economies but largel… https://t.co/jMkggZvdwy

State-owned enterprises share of assets & revenues by sector. Look at financials & industrials & materials. And I a… https://t.co/nUUh1gQfgT

Rise of state capitalism Driven by China’s success, the share of SOE in debt & revenue of largest 2000 firms globa… https://t.co/m28Pp58lQJ

"With Econ situation in many AE rapidly deteriorating, policymakers are rolling out unprecedented stimulus programs… https://t.co/BmrPBzG7bo