ADAM TOOZE

“I arrived at the ERC a fervent supporter of the EU [but] the Covid-19 crisis completely changed my views” Prof Mau… https://t.co/MzCrOBEpqW

A marathon #Eurogroup meeting possibly lasting until tomorrow morning to agree a four pronged robust European wide… https://t.co/Rg1WOrxGmg

@adam_tooze @DanielaGabor Whatever (credit risk) it takes.

Fantastic detail from @fwred on changes to ECB's collateral framework i.e. terms on which they will lend cash on co… https://t.co/v9mkpfspIu

The distress level in the US leveraged loan market has gone from apocalyptic in the third week of March to merely t… https://t.co/e8EicMve1y

It is VERY unusual for 30 year agency mortgage rates to diverge from Treasury rates. On the liquidity stresses in A… https://t.co/Rlsbg4iNwq

After 2008 Europe’s banks continue to pay out dividends in desperate effort to keep shareholders happy. As @BIS_org… https://t.co/9HNGAMonXF

I'm so worried about what's going to happen in the Global South in the next months. We need an immediate debt morat… https://t.co/EjYxMKc2DQ

Two curious gerbils visit (and chew on) a miniature art museum made by their quarantined owners… https://t.co/D2Vx7LAAv3

Un entretien avec @RomaricGodin. "La débauche de moyens démontre qu’il est possible d’intervenir massivement et dél… https://t.co/sAdMw98A93

"Looking ahead, if job losses continue at the same rate as in recent weeks, the unemployment rate will rise by near… https://t.co/Faf4jdCUHx

Comparing flu pandemics a century apart -> the always-excellent @foxjust Points out the HUGE change in the labour f… https://t.co/HOPAqpVcG4

@Skolimowski @jrandow Not at all.

@runzelfool @TheEconomist Point still stands for Bundeswehr in 1988. Pretty formidable force by any reckoning. A NA… https://t.co/wydhdvYWbD

Access to computers – as opposed to smart phones – is highly conditioned by inequality -> 1/4 low income teens in t… https://t.co/lDIh07shbj

The Federal Republic of Germany has not always been an inconsequential military power. Until 1989 W Germany (GDR to… https://t.co/wGyW5pmfSy

ECB “not here to close spreads” Where did Lagarde’s disastrous press conference “gaffe” come from? The line cam… https://t.co/x0ReqSRF3g

A sign of the extreme derangement in financial markets in mid March was the correlation btw S&P500, gold & Treasuri… https://t.co/AHUlVOGlSv

If dollar were to follow the 2008 track it would continue to strengthen for at least another month. But the Fed is… https://t.co/PqyoQtuv3K

@Willow97760061 @bemused3018 Russia returning to key position in global grain markets it occupied before 1914.

The Fed’s interventions stopped and reversed a panic in America’s market for municipal debt which is crucial for fi… https://t.co/cKXrSuXSDG

The primary collateralized loan obligation (CLO) markets in the US ground to a halt in mid-March.… https://t.co/r7MteKQ6X9

Christine Lagarde’s $810 Billion Coronavirus U-Turn Came in Just Four Weeks This narrative of event at the ECB in l… https://t.co/93lVfgQf39

Whenever I see the statistical map of the global wheat market I am taken aback. 5 major exporters on one side (Rus… https://t.co/KIlksR9ctq

Im finding it really interesting to follow @DovSFriedman reading of Crashed. Thanks for making the connection to De… https://t.co/EbjfNthGSY

"Economic output in emerging markets is forecast to fall 1.5% this year, the first decline since reliable records b… https://t.co/2Cz2hQktS2

Eurozone corona life support measures are large but consist mainly of indirect/loan guarantees etc. Austria is the… https://t.co/y1Ze0nQNCi

The hit to the heartland of the Italian economy has been dramatic. GDP down. Electricity consumption down.… https://t.co/97gynlf7yO

What makes US stimulus distinctive when compared to Canada (as to Europe) is the heavy share of direct stimulus v.… https://t.co/zUg1wiTJyj

Smaller businesses will have the hardest time coping with the corona shutdown. Most likely to suffer scarring. In U… https://t.co/QqWDzTPjRH

In Los Angeles County, daily output has fallen 35% due to business closures. In Manhattan, it is down 25%; in Cook… https://t.co/R3bKq9vGxz

@PatPorter76 @politybooks Looks fascinating. Going to order straight away.

29% of the U.S. economy has suddenly gone idle amid the coronavirus pandemic: "an unprecedented shutdown of commerc… https://t.co/xhTxAq1Zwa

Rice prices may be spiking, but this is not 2008. Stocks are at far higher levels. The price spike is being produce… https://t.co/d3Zic9nvaJ