ADAM TOOZE

Is the balance of consumer sentiment in the US beginning to turn? April 6-9 balance neg/pos -37 April 10-12 -12… https://t.co/2UB4SgHaON

Canadian oil tar producers are paying their customers to take oil off their hands! https://t.co/1qC8sWqXPz

Telling differences in how the huge surge in unemployment insurance claims is distributed across the US.… https://t.co/IiUJ3rRQWB

America’s state-level unemp insurance funds if pooled together would cover only 10 weeks of payments based on curre… https://t.co/xiaYIsRqJJ

America may not have national Kurzarbeit system but half of its states with 70% of payroll DO have workshare scheme… https://t.co/F1jjzJc8tr

Macron: "When you are afraid, you don’t turn towards Amazon, Google, you don’t turn towards European Commission etc… https://t.co/3jPORJFr23

Beyond corona bonds what is plan B? After Macron in @FT now Italy’s Conte in @SZ doubles down on demand for corona… https://t.co/tCa9XIF8zK

This Spanish non paper for the European Council is excellent. Note also the dig at NL! https://t.co/aCnOTSGonK

For the EU, deciding how to fund the recovery is only half the battle As the CRII debate over the weekend pointedly… https://t.co/Z3h1pjCQyR

ECB pushing idea of bad bank to remove NPL from balance sheet of fragile European banking system. Commission is pus… https://t.co/ymi4EXxqmP

India’s COVID-19 policy is radical in 3 dimensions: Massive in scale Huge predominance of informal sector Extremely… https://t.co/OIXS23bqzv

2.7 bn workers worldwide are now affected by full or partial lockdown measures, representing around 81 % of the wor… https://t.co/5B28HNWWwe

Ahead of the crisis public investment in the advanced economies had fallen to levels that put it below that in low… https://t.co/ts7hPg64U9

Brokering Capital: The Development of Lat Am Public Credit at International Financial Markets, 1852-1914, examines… https://t.co/AD1CUVVoQu

The IMF’s Fiscal Monitor documents the truly unprecedented fiscal response to the crisis. 3.5% of G20 in above the… https://t.co/AY77MPaUJV

"world’s gross fiscal debt will grow to 96.4% of GDP v. 83.3% in 2019. In advanced economies, it will grow even mor… https://t.co/YPUsQlC7Y5

"I don’t think there has ever been an example of faster and more forceful response on the part of policy makers all… https://t.co/0hmYaZJWWh

Good read from @adam_tooze. He suggests that the Trump admin opposes a new issue of SDRs in part because it may ben… https://t.co/nQtidWnJQa

India’s COVID-19 policy is radical in 3 dimensions: Massive in scale Huge predominance of informal sector Extremely… https://t.co/JNwiZ8sNsI

2.7 bn workers worldwide are now affected by full or partial lockdown measures, representing around 81 % of the wor… https://t.co/xjOnc1LuFV

Ahead of the crisis public investment in the advanced economies had fallen to levels that put it below that in low… https://t.co/J5UmYXEhUP

Brokering Capital: The Development of Lat Am Public Credit at International Financial Markets, 1852-1914, examines… https://t.co/tNb822BTWE

Nurses blocking cars in Downtown Denver to counter-protest those who are against the State’s “Stay-at-Home” order… https://t.co/y0zDzumtZD

60 percent of the crew on the nuclear powered French aircraft carrier Charles de Gaulle have tested positive for co… https://t.co/syLcdcaj4X

The IMF’s Fiscal Monitor documents the truly unprecedented fiscal response to the crisis. 3.5% of G20 in above the… https://t.co/EBP7OyWmVi

Public debt is surging but yields on public debt are at all time lows. Comparisons with Volcker-shock early 1980s a… https://t.co/g8qQCuTuvK

80° Below ’82 Have always loved the free swinging, playful vibe of this album by Henry Threadgill, Steve McCall and… https://t.co/xudZUrKxqn

"world’s gross fiscal debt will grow to 96.4% of GDP v. 83.3% in 2019. In advanced economies, it will grow even mor… https://t.co/SXXP4qArPA

@adam_tooze @RobinBrooksIIF @Brad_Setser @DeutscheBank @SoberLook Think these purchases were mostly needed to clear… https://t.co/Pke80LH093

"I don’t think there has ever been an example of faster and more forceful response on the part of policy makers all… https://t.co/24XOeH1BmJ

Bernanke’s Fed was not a major net buyer of Treasurys until QE3. Foreign & US investors funded GFC deficits. In 202… https://t.co/vos9ULsxIY

Fed’s purchase of Treasurys dwarfs massive debt issuance of the COVID-19 crisis and swamps any sale of Treasurys by… https://t.co/ljQQGoz00W

Loan delinquency and unemployment in the US are VERY closely correlated. So … with surging unemployment some very b… https://t.co/tCBSWbJfTY

The Fed’s signal that high-yield bonds fall within its safe-net has led to a huge inflow of money into funds.… https://t.co/IpXGv2O3Al

The 9.3 m b/d fall in global oil consumption in 2020 is entirely without precedent. Previous biggest fall was after… https://t.co/hwEL2E9T64