April 26, 2023
RT @Brad_Setser: I am going to go out on a limb here — and argue that China's CENTRAL government (with a debt to GDP ratio of around 20%)…
RT @Brad_Setser: I am going to go out on a limb here — and argue that China's CENTRAL government (with a debt to GDP ratio of around 20%)…
"A person close to First Republic said the bank would welcome the government “convening the relevant parties to come up with a solution”. Officials from the White House, the Federal Reserve and US Treasury have been in contact with First Republic recently" ft.com/content/32439f…
@Helen_Barnard @TrussellTrust You absolutely nailed both the human reality of the food crisis, the hierarchy of causation & the fundamental political point. Exemplary.
We have the tools to fix this! Food insecurity in rich societies is a choice (or non-choice). @Helen_Barnard @TrussellTrust incredibly impressive on BBC news just now. twitter.com/Helen_Barnard/…
RT @tedfertik: Excellent from @adam_tooze on US China policy. US insists it doesn't want war, welcome's CH growth, but arrogates right to a…
"I take also upon myself the guilt for trying betraying, for struggling surrendering, for accepting the good as the lesser evil, symmetrical antinomies that I hold in my fist like old habits. Glorious lines from Pasolini's Victory 25.4.64 Chartbook 210 tinyurl.com/2fy273ya https://t.co/ysGoT3Ue2u
"you do not recognize the heart that becomes slave to its enemy, and goes where the enemy goes, led by a history that is the history of both, and makes them, deep down, perversely, brothers" Pasolini's address to the ghosts of Italian Partisans April 1964 tinyurl.com/2fy273ya https://t.co/QkZeaa0cNz
RT @AntoineBouvet2: – Firms' pricing strategy is more important to inflation outlook than wages and energy pass through – The ECB watches…
RT @AntoineBouvet2: 🇪🇺 My take away from the ECB account (not all new points): – Financial stability doesn't rank as high as inflation in…
"Rough like poor barbarians, they will touch the new things that in these two decades human cruelty has procured, things incapable of moving those who seek justice" Pasolini imagining the Partisans of 1945 descending into the Italy of 1964. Chartbook 210 adamtooze.substack.com/p/chartbook-21… https://t.co/Gmaj7H0ywU
RT @zeithistoriker: Pub day for Brett Christophers’s latest great one https://t.co/YGHTHQbXQp
RT @fwred: 🇪🇺 Large declines in public debt ratios across the board in Q4, especially in Greece and Portugal. Old enough to remember etc. h…
Since German unification public balance sheet shows a net 45bn Euro decline in public assets. Thanks to 20 years of negative net investment in public sector since 2023. twitter.com/KeineWunder/st…
RT @ErikFossing: So long as Europe is ruled by Accounting based fiscal policy we have no chance of addressing any of today’s critical chall…
RT @SanderTordoir: 🆕paper: as Brussels and Berlin battle over #fiscalrules, there is a risk that the #EU repeats past mistakes. Together wi…
RT @ianmulheirn: One of the most striking charts here on the incredibly weak enforcement of the minimum wage Today's report suggests the d…
RT @jan_eeckhout: As economists we talk a lot about the "College Premium", but really it's a "Graduate School Premium" in conjunction with…
RT @DaveKeating: And with that, the final hurdle for passage of the world’s first #CarbonBorderTax has passed. The 🇪🇺Council, the EU legis…
"Reform of the Stability and Growth Pact cannot be an end in itself. It is only acceptable if we make significant improvements to the framework. Otherwise, changing the rules would not be advisable." 3/60 must remain "untouched". C. Lindner doubles down. ft.com/content/8ec1d9…
@M_C_Klein HI Matt surprised you read it that way. I take it that Yellen is engaged in a good faith effort to state the moderate position. I kinda thought I had said as much. I was certainly trying to.
3/60 Maastricht rules for European finance must remain "untouched". Christian Lindner April 2023! Frankly even I did not expect it to be stated quite so bluntly by this point. Wow. ft.com/content/8ec1d9… https://t.co/ylyzfxF4ND
RT @RobinBrooksIIF: 5. That's consistent with the Euro zone credit impulse (red) nose-diving much more sharply than the US one (blue). The…
RT @ChristianKopf: @NagyMohacsi @annaedwardsnews @KritiGuptaNews @BloombergTV @federalreserve @ecb Thanks, Piroska. US bank deposits have b…
RT @FrancoisTrahan: I don't think I can overstate how important lending standards are to the business cycle. They are the "other" form of t…
RT @steveinnes123: Risks are growing for the commercial real estate market. A “nearly perfect storm” of sharply higher interest rates, decl…
RT @RadicalAdem: *Banks are tightening credit standards in auto sector at a sharp rate (granted they’re tightening credit everywhere), but…
"Who has the courage to tell them that the ideal secretly burning in their eyes is finished, belongs to another time" Pasolini's Victory April 25 1964 Chartbook 210 tinyurl.com/2fy273ya https://t.co/7JkLPl4Kyi
RT @SimoneWeil1930: @adam_tooze was reminded whilst reading Chartbook 210 of this beautiful cover of le ceneri di Gramsci with art by Giuse…
RT @rhizome_in_: Albert Ayler at John Coltrane’s funeral. https://t.co/zduZtK9jlI
RT @page88: I’ve been in this godforsaken profession for nearly 30 years and this piece about sacred semiconductors is somehow my first cov…
RT @MacroAlf: Commercial real estate prices in Europe are taking a serious bath: ~20% down in the last 12 month alone! Banks in the Nordic…
RT @curious_founder: In the last few decades, the SUV market in America has exploded. Automakers say the reason for this growth has been "…
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