Talking with David and @HelenHet20…
Talking with David and @HelenHet20 is always a highlight. Now we have technology sorted out, thanks to @TPpodcast_… https://t.co/iK051j6IZr
Talking with David and @HelenHet20 is always a highlight. Now we have technology sorted out, thanks to @TPpodcast_… https://t.co/iK051j6IZr
Negative oil prices are unprecedented. But historically we have seen such extreme oil 'counter-shocks' before: in 1… https://t.co/b4IJmbJJI2
As @BCoeure notes … @JoergAsmussen has joined twitter! https://t.co/jU2kaFu7T0
By far the worst news in euro area PMIs: job losses. Markit: "In some cases, the employment decline reflected furlo… https://t.co/CTgDtHtUUt
@Brad_Setser Hi Brad can you make a blog out of your exchange with @RobinBrooksIIF too? Or the two of you?
Key point …. Early neoliberals saw planning minded empirical economists as social engineers. https://t.co/aLcVvHk5yJ
FT reports heavy selling of dollars by Turkey's state banks (likely acting for the CBRT) today Don't think there i… https://t.co/ft4TlEAit3
An unprecedented humanitarian crisis looms: defaults, mass unemployment, social turmoil & worse. Just after we went… https://t.co/BEk9ON3N9J
Absolutely extraordinary numbers. https://t.co/qfOz4jOTdf https://t.co/w7GeUnrq0a
Maybe it's because I periodically lecture on science and policy, but it is deeply shocking that ministers didn't gr… https://t.co/T41PAw1vcw
4.4 million Americans sought jobless benefits last week, bringing 5 week total to more than 26 million, as economic… https://t.co/b9aqj7mLlE
With foreigners out, ultimately locals will have to do the heavy lifting, and therein CBRT will have to supply the… https://t.co/oDZnb5aCcE
Hertz the rental car company now faces an implied two-year borrowing cost of 55%.
Huge surge in liquidity from global central banks driven above all by massive effort of the Fed. https://t.co/CdCXG2BMyq
Hertz has gone from appearing solvent to the brink of bankruptcy in less than two months. Its implied two-year borr… https://t.co/CObzfh096f
Bigger mortgage loans are getting hard to get hold of in the US. Via @SoberLook https://t.co/dPF79ZtW4Q
GM While most economists agree that we're in a downturn deeper than the "Great Recession" that followed the Global… https://t.co/hOxNPtmywl
Thanks @ProfPaulPoast for another of your excellent threads. Can I also recommend as a research technique: Phon… https://t.co/dodlZ6ROzq
Another useful account is from Monnet's British counter-part, Arthur Salter (who Monnet also mentions in the above… https://t.co/cOhhhYoKy0
But Monnet mentions a clue: his superior Étienne Clémentel, the French Minister of Commerce https://t.co/xdvfDdGozZ
@ProfPaulPoast @rosellacappella Hi @ProfPaulPoast @rosellacappella great idea. Can I recommend contacting Prof… https://t.co/vaCSefriDK
Credit card debt on US bank balance sheets has been cut by 5 % Banks are making large loss provisions. FRED via… https://t.co/WX2odrqC1t
"dynamically reevaluate a customer’s creditworthiness.” Credit card firms are struggling to limit their losses if… https://t.co/KH9N4Uwv9O
@adam_tooze @martinwolf_ The marvelization of monetary policy.
Canada has the most negative rates of any major central bank, Mexico the highest rate. Japan is now in the middle o… https://t.co/cobOQyuV4k
Bad news for the luxury sector: one thing that is not rebounding is Chinese consumer appetite for luxuries.… https://t.co/H5ow0Q5CPC
Default risk: Turkey’s CDS are now even more elevated than in 2018. Reserves low & Erdogan rules out IMF. @SoberLook https://t.co/LQNFeMW0Yp
Bad news for the luxury sector: one thing that is not rebounding is Chinese consumer appetite for luxuries.… https://t.co/c3jOWTPgLC
Default risk: Turkey’s CDS are now even more elevated than in 2018. Reserves low & Erdogan rules out IMF. @SoberLook https://t.co/GBT9JUlEoJ
It was only a matter of time: Christine Lagarde as Euro-woman, savior of the common currency. @martinwolf_… https://t.co/QiGigZpQHe
Great thread on the ECB’s response to the wave of downgrades. https://t.co/DrnzYc0PTV
Mexico’s central bank is caught in a dilemma. Its real interest rates are higher than its peers in Lat Am, but it d… https://t.co/bVI4DEW3rG
Watch this wonderful series about the history of the working class, and work! @adam_tooze https://t.co/BAazJICecK
The resurgence of smallpox and resultant pandemic in 2039 plunged the global Econ into a recession that lasted two… https://t.co/mONG1VkWHd
Pandemic crises in financial systems: a simulation-model to complement stress-testing frameworks. By Idier Julien,… https://t.co/rVUvKL1MxJ
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