ADAM TOOZE

Net asset purchases for G7 central banks were close to $1.4tn in March. That’s an extraordinary total, close to fiv… https://t.co/hNBTXwSoOi

Sourcing on this story, not surprisingly, is Ankara heavy … Turkey is obviously exploring all available options,… https://t.co/xfGRWhlw5v

Fed Chair Powell said that to see a solid rebound in consumer & business activity – the economy needs to be opened… https://t.co/Agm16GFs7p

Record capital outflows from EM, a collapse in global trade and plummeting oil prices mean we’re going to be hit by… https://t.co/GuPwfJt3el

There is a lot of confusion in the discussion on public debt monetization. @ojblanchard1 and I have tried to clarif… https://t.co/3biQQOxfRz

Could not agree more on this call for debt relief for developping economies #SupportDebtRelief @jzettelmeyer… https://t.co/28JDdSE48K

@kestontnt @Jayati1609 @KatharinaPistor @Brad_Setser Sorry … can you explain. The LRB piece is focused on China, EU… https://t.co/6lhFXZIZTi

@kestontnt @Jayati1609 @KatharinaPistor @Brad_Setser Can I recommend this earlier piece .. https://t.co/QnBmDvrW9R… https://t.co/NmDozA5SU4

@zeithistoriker @astradisastra Hi Quinn. On the to do list … 🙂

The VERY best thing about offering a first draft of world economic history is that, if you do, @Brad_Setser offers… https://t.co/mOvtDPm8OM

@DanielaGabor @BJMbraun @HelenHet20 Hi Daniela ….sorry for being slow about this. Crazy day. More soon.

For most of us Jerome Powell has emerged as a profoundly unlikely superhero of (modern) monetary policy. For others… https://t.co/IDO8GW2OOu

Remember Ben Bernanke as superhero? I have been worrying how long it will be before Jerome Powell gets the same tre… https://t.co/4GjMhaADhJ

How to situate the question of leadership is also part of the stakes in the @lrb piece. Trump “malfunctions”, but h… https://t.co/k89RgT8n6P

And like @BJMbraun I also end up talking about lack of imagination and leadership. Then I feel embarrassed by how h… https://t.co/ny4VU2xobG

@DanielaGabor @BJMbraun I wouldn’t see it as a pure “false consciousness” but as a complex mixture of locally ratio… https://t.co/pgmIic79TK

piece of advice: don't use Firefox's narration function to read @adam_tooze's latest on @LRB. it's terrifying. soun… https://t.co/Jxoy4NBStC

“The Fed is at war against the virus, and this is a wartime degree of commitment to credit policy,” said Krishna Gu… https://t.co/pelf3iKEI1

“It’s really an awesome display of creativity & decisiveness. They are taking a role well beyond any Fed has played… https://t.co/k9pFCnTkiX

In 2008 the only big AE to avoid a big leap in unemp was Germany with Kurzarbeit. Rest of EZ suffered a labour mark… https://t.co/W58WilvsCr

@DanielaGabor Hi @DanielaGabor this is such a clutch issue. Do you really buy the idea that it is an “elite calcula… https://t.co/iytykzOkhy

Are eurobonds political “nonviable”? Could German voters be persuaded? The evidence clearly shows they can IF THE C… https://t.co/by0WcsDETH

When to reopen? On the Trump administrations effort to grapple with the trillion dollar question in the shadow of T… https://t.co/mvFZsD8CBf

The new @BIS_org bulletin is out with more pertinent analysis from @HyunSongShin and team. Highly recommended read.… https://t.co/dVpyG1hTOj

Once again the EM with bigger reserves will be feeling a lot more comfortable in the current crisis. Hofmann,… https://t.co/534w1YMLY6

Reports have been emerging of families going hungry (!) on the Dutch island of Curaçao. Now the Dutch government h… https://t.co/RaubOOUbah

The COVID-19 shock to EM screams out of new paper by Hofmann, @ilhyock_shim and @HyunSongShin Bond spreads and… https://t.co/7EKKUp5XTG

KUDOS to the entire team at @LRB for putting out their fabulous paper under these circumstances! Thank you to them… https://t.co/wHvyJmJBF1

Escaping original sin? Lesson of 1990s debt crisis seemed to be to develop domestic currency bonds. But if you have… https://t.co/t1lV8FXyeD

As $ strengthened in 2020, EM bond spreads surged. Makes sense. Nice graph! BUT hang on! KICKER is: these are spr… https://t.co/y4DB6WiZTk

The ECB’s official account of the crisis meeting of 18 March is worth reading. The muffled sounds of a serious argu… https://t.co/2v91N76ODd

Worth reading the clearly-stated and minimalist Dutch conception of what the Eurogroup agreed yesterday! https://t.co/M5fQYf3utF

Lower CPI inflation (from 5.2% in February to 4.3% in March) relative to the deposit rate reduces the amount of imp… https://t.co/ZOSBRLGlQS

Wow absolutely stunning thread on the BoE‘s recent moves but also its historic perspective. You will find your taxo… https://t.co/I6Q5II1TtH

The fall in consumer lending in China in the past two months has been incredibly steep. If this continues, the grow… https://t.co/EG2e2whjmf