ADAM TOOZE

Editorial: The German government's rejection of eurobonds is selfish, small-minded and cowardly. Existing mechanism… https://t.co/fo4qCGLES8

“Whatever it takes” 2020 version. A hollow promise? One for my euro tweeps @MSchularick @MESandbu @Shahinvallee… https://t.co/SRpgFAsigi

Amongst donors to the Dems in the tech workforce, those at Twitter lean far more heavily to the left than those at… https://t.co/WWtqlufoN0

It is hard to make sense sometimes of European (financial) politics. This is a great explainer of the history and… https://t.co/PEHdg9O1St

"The “pandemic" emergency does not justify breaking the law” Want to know who in Germany opposes not corona bonds… https://t.co/bMoSVoOaWw

The tech workforce donates more money to the Dems than the workforce on Wall Street. And amongst Dems the techies l… https://t.co/ySZHXuTTAG

It feels a bit early for postmortems about what this means for the U.S. place in international politics, but the th… https://t.co/mpRwrSibSW

@KatharinaPistor So that would be yet another important index … there are so many facets to this vulnerability.

"Treasuries held in custody at Fed declined sharply as foreign CB sold US debt to raise $ for domestic needs. That'… https://t.co/rhNiSHKvNZ

China is likely to take advantage of oil price collapse to add to its oil reserves which currently cover 80 days. A… https://t.co/UDoa3QqKiE

Talk of “whatever it takes” is everywhere right now, but Draghi's mantra comes with historical baggage. I did a pie… https://t.co/5NbVJkirsY

Food Security Fears Are Starting to Threaten Asian Rice Exports. Vietnam is limiting its exports. Russia, Kazakhsta… https://t.co/2RB8LP7Was

Just read it. Twice -|- The EU’s ‘whatever it takes’ mantra has a problem https://t.co/0NDF3AQWvY via @financialtimes @adam_tooze

New article by @adam_tooze: Crisis-fighting has been left to a lopsided combination of national fiscal policy and b… https://t.co/3gbmxeGDcn

Without a clearly defined fiscal framework, the most vulnerable eurozone states will not dare to spend enough. Good… https://t.co/4yWpKFYsuQ

Foreign ownership as % of public debt is another imp index of EM vulnerability. Setting aside EU members in E Eur,… https://t.co/EllxuFRxUC

How to distinguish “real realism” from “pastiche realism” is a high stakes question right now. For me one important… https://t.co/qt2GUQECBo

.@bopinion's @elerianm tells @FerroTV to brace for the "most horrific damage" to the U.S. labor market "we have eve… https://t.co/ZThv0vT0HR

any ideas why LIBOR has remained elevated while cost of borrowing dollars v another currency (euro-dollar basis, ye… https://t.co/v55q3AXpYU

Russia entered the oil price war in a strong financial position. It may not be a super low cost producer, but it ha… https://t.co/PTgi2ZNnLp

It has been a week of renewed pressure on fragile EM e.g. Turkey, Brazil, Mexico, South Africa … South Africa, Sout… https://t.co/QTe2VD7cuz

Real estate – construction are key flywheels on Chinese economy, drivers of personal wealth accumulation etc. Clea… https://t.co/1eiFjT789A

Consumer numbers are worrying, PMI’s dodgy but the coal-industrial complex in China does appear to be restarting, f… https://t.co/OW6MgNRz2Z

“Whatever it takes”-talk in global media spiked in March 2020 at levels higher than the first time round in July/Au… https://t.co/PsxnfFILJv

Talking with Alex Doherty on his podcast @poltheoryother is different. Every time it is slightly unexpected, non-ro… https://t.co/sci2Db8IVI

Excess deaths – this is the ultimate metric of the impact of COVID-19 pandemic. It is metric of actual trauma being… https://t.co/Sc4zyEMrjl

A history of "actually existing liberalism" …? Loved @zevin_a new book on @TheEconomist Buy it! Enjoy reading it!… https://t.co/yD8iaWu3zI

PBoC response to the crisis so far seems like tinkering. Significant tinkering no doubt. But not the huge intervent… https://t.co/WWAhWBDC5y

Global lockdown: 1.3bn+ kids out of school Half global economy under lockdown (NOT counting China) 93 % of world’s… https://t.co/i3VyDq5b1a

As the Q2 forecasts get ever-grimmer, the overall fall due to COVID-19 emerges more clearly than ever as the worst… https://t.co/q4SLsJYXXy

When historians come to assess overall impact of COVID-19 they will no doubt use “excess death” method as we do e… https://t.co/zIqrP3u3En

The PBoC is the dog that hasn’t (so far) barked. No mega stimulus out of China to compare with 2008. To understand… https://t.co/GhVAvPtVrD

Economics on the vertical: unemployment rising by 0.5% PER DAY! For some reason @JustinWolfers piece in @nytimes Pr… https://t.co/Akyq24LcQx

This week marked a re-acceleration of the EM sell-off, as markets shifted focus to how badly COVID-19 may hit EM gr… https://t.co/I1QKNcwvfK

Reeling from another week of massive national & global action by Powell’s Fed. It just isnt compatible with a post… https://t.co/UsY2a1cS3B

The PBoC’s nightmare: Last year they ran a worst-case stress test which suggested that "If econ growth slowed to 4.… https://t.co/zjBhxreNZy