ADAM TOOZE

“Golden age” economic growth in the West went hand in hand with spectacular growth in energy consumption. In the 19… https://t.co/3GM7oB7iOb

The EZ is particularly vulnerable to demand shocks from foreign trade. Not good in a world of increasing trade host… https://t.co/rUUi7P5rDF

With debt declining in rel to US household income net worth is rising. The real question is distribution and the st… https://t.co/O85j4WzrE1

She works in a textile factory and, in her spare time, she learns Mandarin and party propaganda. The hours are long… https://t.co/vuJhVnjpZ9

Novodevichy Cemetery in Moscow, Russia, includes the space-age graves of numerous cosmonauts which pay tribute to t… https://t.co/BWi0pa19hD

What happens when your mountain villages in south-west China, is declared “uninhabitable” as part of Beijing's fina… https://t.co/9B4XpnGFRm

Latest IPCC report "really constitutes a declaration of planetary emergency”. Does Katowice deal really measure up?… https://t.co/H4h4C01Qe8

Map showing absence of men in Europe in 1950 also reveals how true epicenter of violence in early 20thC was central… https://t.co/OmyMYyKFn8

Peak China? The Soviet economy seemed modern & dynamic once. China’s gdp per cap at PPP is lower than in SU on eve… https://t.co/vN9nzP9t01

In retrospect this is quite jarring. What's with the deployment of the Swastika as part of punk aesthetic? https://t.co/EF5t36PCxH

"GM’s layoffs are not incremental but existential: They are about accelerating staffing changes mandated by company… https://t.co/xmknTej3NB

"GM’s announcement of layoffs last week is much more than a routine course-adjustment … Rather, it’s a wake-up c… https://t.co/psk0CjJQC3

The yield difference btw US Treasuries and Bunds is at record highs. But once you pay to hedge your currency risk t… https://t.co/IDupLkZlI7

Top 10 of S&P500 are dominated by tech and amongst American corporations tech is by far most seriously exposed to C… https://t.co/vohyQr2MOn

One of the mysteries of the U.S. BoP is what has replaced foreign purchases of US bonds (Treasuries, corp bonds) as… https://t.co/2kEDSI5Wfh

Not only is US household wealth at highs relative to GDP, it is also heavily weighted towards equities.… https://t.co/QX7Okup4mH

US is in a difficult spot US-Chn trade war: "Some of Europe’s top companies make huge share of profits in China —at… https://t.co/wkrds4Rndn

The ECB’s QE was launched to fight risk of deflation in 2015. We are no longer at risk of outright deflation, but t… https://t.co/7qDJg5Ungp

In Europe’s periphery investment is still far from having made good the damage done by acute phase of crisis 2008-2… https://t.co/OtUWAWwjtz

Compare these cautious estimates of internal RoR for European infrastructure investment with the coupon on a well-c… https://t.co/jDN3G1Ob7V

EZ crisis opened a large gap btw US and EU in investment in machinery and equipment and there is no sign of closing… https://t.co/udXSK9EuTJ

“a dreadful set of numbers for the eurozone’s second-largest economy” France’s PMI plunges apparently in direct ref… https://t.co/dEIvkltVce

Perhaps an analogy will help: "it was as if a daughter of Steve Jobs, who was following him up the corporate ladder… https://t.co/L5z3f98Aya

Two drunks propping each other up. This picture describes a possible merger between Deutsche Bank and Commerzbank a… https://t.co/X3OlinMJdK

China’s yoy retail sales growth of 8.1% in Nov is the slowest pace since 2003. If stimulus isn’t working will Beiji… https://t.co/vaEiTDcDEZ

US corporate debt is stable as a share of operating surplus but rising as a share of GDP -> stability conditional o… https://t.co/VlQ9Zx98jn

Back in early 2000s 40% of GOP voters were still willing to see role for Fed gov in health care, then Obama got ele… https://t.co/ju0G98jmBN

Turkey’s current account turnaround is remarkable and should not be mistaken for an export miracle. Driven above al… https://t.co/AeyRv4Ktny

When we say that low cost competitors like Vietnam are taking Chinese market share in low-tech exports, we need to… https://t.co/GZEZQfHTOr

Despite PBoC easing efforts a liquidity squeeze in China is on and that suggests bad news for GDP growth ahead.… https://t.co/bK8IhRydn4

Are Italy’s econ problems basically structural? Clearly some of them are. But this comparative chart of industrial… https://t.co/VLm626KIgn

German Finance Ministry involved in talks with Deutsche Bank to facilitate merger with Commerz. @OlafScholz has rep… https://t.co/qMf4gu7Vt5

Household new worth in US relative to GDP has surged since 1970s. Hard not to see this as reflection of post BW fia… https://t.co/vv7cImvBan