RT @DuncanWeldon: Given it’s the…
Given it’s the 80th anniversary of the battle of France. Here’s the episode on France from last year’s World War T… https://t.co/nLtrRQk7ta
Given it’s the 80th anniversary of the battle of France. Here’s the episode on France from last year’s World War T… https://t.co/nLtrRQk7ta
Saudi is backing away from confrontation. Output slashed to lowest level since 2002. @business via @SoberLook https://t.co/veJRlqaXHv
Ghana and Angola face substantial eurobond repayments over the rest of 2020. @IIF via @SoberLook https://t.co/P69HEVIzFn
Saudi is backing away from confrontation. Output slashed to lowest level since 2002. @business via @SoberLook https://t.co/jXR0SmrMyu
Cattle futures are rebounding which is good news for the cattle-men. But in that business weeks matter. Will it com… https://t.co/4abmkzNtTV
@UliVolz Thanks @UliVolz I figured this was a moment to put cards on the table.
Ghana and Angola face substantial eurobond repayments over the rest of 2020. @IIF via @SoberLook https://t.co/mukxOZNxYC
Texas law enforcement arrest armed militia protestors who have rallied to support the illegal reopening of a bar in… https://t.co/1pDyMqD8cb
In Europe, a ruling by the German Constitutional Court that the European Central Bank (ECB) failed to adequately justify a program of asset purchases it
“Cutting through the legalese and abstruse arguments, the complaint brought to the court by the plaintiffs is that… https://t.co/lvifakr5G7
If you stand back from legal issues what is at stake in BVerfG judgement on ECB is question of whether are ready to… https://t.co/O1DEBfF6w0
A superb piece by @adam_tooze on what the Karlsruhe judgment has done to the very idea of central bank independen… https://t.co/kw9MSEzKZP
At the core of the debate triggered by BVerfG about ECB is fear that expansive CB is involved in technocratic usurp… https://t.co/DULyRi738k
Rats have seen their way of life upended since mid-March, “All of a sudden NYC to some degree is cleaner than ever… https://t.co/cA35qxVdtC
At the core of the debate triggered by BVerfG about ECB is fear that expansive CB is involved in technocratic usurp… https://t.co/ADfehZ5BZP
Umberto Eco's home library in Milan. https://t.co/djHotCG9px
Which is what has left the BVerfG so adrift. Point I try to make here. https://t.co/x5Qtdo7Ohr https://t.co/WVFdTounR3
To escape impasse created by BVerfG ruling on ECB, in which one countermajoritarian institution checks another at b… https://t.co/aPBUY3o6Oj
"Half a century on from the collapse of Bretton Woods, 20 years since the beginning of the euro, it is time to give… https://t.co/Oo11XnsCIb
*GENERAL ELECTRIC SHARES PLUNGE TO LOWEST LEVEL SINCE 1991 ON HUGE TRADING VOLUME AS HISTORIC COLLAPSE CONTINUES… https://t.co/1VqZJpj2PL
@adam_tooze @GoldmanSachs @SoberLook FWIW Adam, there's not much signal there. Rather, those are typical oscillatio… https://t.co/htz2pYbZYA
Indian industrial production is plummeting. FAR worse than 2008. Data via @SoberLook https://t.co/CGdyZR2jgq
On May 6th 2020 coal consumption in China was UP 7% on the same time last year! @GoldmanSachs via @SoberLook https://t.co/Izuhjv9NCs
China's post-COVID-19 stimulus will most likely come from the fiscal side and much of it will be funded through soa… https://t.co/aMG7e7cTOP
Dont expect business investment to lead the recovery – American small business is as pessimistic as it was in 2008… https://t.co/lLIZT8Vj1l
The monthly decline in US “core” CPI was the largest on record. @SoberLook https://t.co/uSJ0R1NHox
Since 2009, amongst legal immigrants to the US, Asians have outnumbered Hispanics. @pewresearch https://t.co/9NUXuAt7v6
In early 2000s China’s growth single-handedly shifted the balance between state-owned enterprises and the private s… https://t.co/lbjg8JfVQM
THIS. Central banks reduce inflation through raising unemployment. That’s LITERALLY the mechanism. #Neverforget. https://t.co/XNepbV0SNS
German constitutional court ruling was an accident waiting to happen. #ECB is only a fringe issue here. Real confli… https://t.co/nraShH3gLY
Zambia, Ecuador and Rwanda have announced recently they are struggling to repay their debts. Many other developing… https://t.co/joXQwwUBOa
Great graph of global QE in response to COVID-19 H/t as ever to @IIF @RobinBrooksIIF New homework assignment: fi… https://t.co/ljP4jjdLmT
In 2008 the swap lines were about ECB/Bank of England, Eurozone, UK banking systems. In 2020 they are about Asia an… https://t.co/XhacALY8r6
The development of the global bond market since 1989 is a story of 1. continuous growth in US 2. Growth in rest o… https://t.co/lTFfzqb7FP
I would love to see a comparison to 08 https://t.co/6Rpf4t0wm6
Moodys are predicting a surge in HY emerging market corporate defaults @SteveJohnson000 https://t.co/lR8G8dyg6e https://t.co/SC18G4Uoh3
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