ADAM TOOZE

RT @Desomag: The River Loire today, Loireauxence, Loire-Atlantique, France 🇫🇷 https://t.co/eztDQLezVZ

RT @jorge_guajardo: “So, if Chinese households and firms are blocked from acquiring additional claims on the world economy, the other way f…

@EdwardGLuce @policytensor Ive been mulling it over ever since reading @EdwardGLuce piece … on balance I do fear that this is more of a dead cat bounce but I am also checking my biases right now.

RT @Alvinho17: To understand the history of debt default and the necessity of forgiving war-debt, this by @adam_tooze is a superb and nuan…

@RobinBrooksIIF @IIF Thanks to you and the entire team. You provide us all with indispensable material.

Chartbook #141 just dropped breaking down China's balance of payments – both current and capital account – and trying to figure out what it tell us about China's economy and the process of decoupling. h/t to @M_C_Klein & @michaelxpettis adamtooze.substack.com/p/chartbook-14…

Chartbook #141 just dropped on China's balance of payments, trade surplus and the outflow of foreign capital. Excellent elaboration this by @adamkwolfe on China's trade data and stock-building abroad. twitter.com/adamkwolfe/sta…

RT @adam_tooze: In July China piled up the largest trade surplus ever recorded. But rather than deepening the old model of "Chimerica", the…

RT @azraisakovic: Le découplage financier avec la #Chine🇨🇳 commence-t-il ? Les performances commerciales de la Chine sont un symptôme du…

In July China piled up the largest trade surplus ever recorded. But rather than deepening the old model of "Chimerica", the trade surplus went hand in hand with a pullback of foreign investment in China. Chartbook #141 on trade and financial uncoupling. adamtooze.substack.com/p/chartbook-14…

RT @rortybomb: Forget the zero headline; core inflation takes a dive last month, coming in at an annualized 3%, driven by a decrease in ser…

RT @jerometenk: @adam_tooze Deeper dive into the data details with possible manipulation (China always seems to be seeking truth and hiding…

RT @jerometenk: Measured, characteristically excellent deep-dive by ⁦@adam_tooze⁩ adamtooze.substack.com/p/chartbook-14…

RT @michaelxpettis: Great piece by Adam Tooze as he works through the Chinese balance of payments. He notes that the trade surplus can be p…

A total 12 vessels carrying more than 370,000 tonnes of food including corn, sunflower meal and oil, have left the Ukrainian ports of Odesa, Chornomorsk and Pivdennyi. They are sailing without anything more than liability insurance. ft.com/content/07ee9a… https://t.co/RYgXawGCsD

There is a lot of concern about consumer loans in the US. But it would take a DISASTER to catapult delinquencies to rates seen in 2008. ft.com/content/3c2ffb… https://t.co/kY916W4dJe

Billions have been pulled from commodity exchange traded products but longer-term institutional investors are still committing to commodities. ft.com/content/34293d… https://t.co/sG49miZ3qf

The average cost of taking the standard 40-foot metal box across the world’s oceans is down by about 45 per cent from its peak in the autumn of last year, ft.com/content/be2d35… https://t.co/exFHYLErft

With a properly integrated LNG distribution network, the effects of a Russian gas embargo on Europe as a whole could be reduced to a very manageable level. ft.com/content/c9ec6d… https://t.co/0U4Fcl8x1o

"Investors are watching closely for hairline cracks in the US consumer loan market as lower-income borrowers feel the squeeze of high prices and rising interest rates." ft.com/content/3c2ffb… https://t.co/yerKGJFAgS

Friendship no more: Payment difficulties under sanctions have stopped the oil flow through the Southern fork of the Druzhba pipeline -> Czech and Slovak oil stocks will plunge in a matter of days. ft.com/content/8ed4cc… https://t.co/CqCcHBy6A7

Right now Europe's gas storage levels are not looking bad. The question is what happens in the next few months. ft.com/content/c9ec6d… https://t.co/8O9SAuMhjl

RT @ctorresreporter: Ice cream CPI. This is out of control We need tighter monetary policy. Seasonally adjusted, mind you, so clearly too m…

Global rate of shipbuilding never recovered from 2000s boom-bust cycle -> capacity shortages now will not be fixed in short-run. ft.com/content/9bdc26… https://t.co/cAufcDGTJx

Congestion at ports and slow turnaround is hobbling global shipping capacity. The proportion of the world cargo fleet in port was up 7 percentage points to 38 per cent in July compared with the pre-pandemic average. 38%! 4 in 10 ships are not moving! ft.com/content/9bdc26… https://t.co/6RMz29ctWT

"Just as we measure carbon footprints, we urgently need to determine the environmental footprint of each LEO satellite mega-constellation." CEO of Viasat. It is insane that we are allowing cowboys like Musk to seize a humungous slice of finite space! ft.com/content/9d0905… https://t.co/3sbPJHbBkc

"It turns out the planet might have a future after all. Congress has pulled off most significant climate bill in American history." Why write this nonsense!? We are not in 1990s. American history =/= yardstick! Deep misunderstanding of climate issue. ft.com/content/2e2855… https://t.co/NyesctCs6v

Majors want out: Nigeria has approved $1.28bn sale of 4 oilfields run by ExxonMobil to local Seplat Energy in 1st of planned divestments by international companies from onshore operations in troubled Niger Delta region. EXXON been there since 1950s ft.com/content/aa3d79… https://t.co/5Np4TeWkaq

RT @ajd_theory: This will be my third year trying to teach a political theory course on "debt and democracy." What I've learned: 1) A theo…

RT @NewLeftEViews: It’s quite remarkable how even informed commentators cannot bring themselves, even in the face of overwhelming visual an…

Typically lucid this from @elerianm on why the inverted yield curve of US Treasury market may be more predictive of the likelihood of a recession in US than the rebounding US equity and corporate bond markets. ft.com/content/9785a4… https://t.co/E4bEfQEQP7

Regional distribution of Chinese mortgage strikes is interesting. So far, really Henan centered. thedailyshot.com/2022/08/08/wag… https://t.co/TdemYXfc0r

RT @bucephalus424: Could argue that this is the ur-origin of the EU https://t.co/eKlqbcQzj5

RT @PpollingNumbers: #NEW: For the first time the @FiveThirtyEight model shows Democrats with a 60/40 advantage in the race for the Senate…

RT @TheStalwart: Inflation is at its highest level in over 40 years. And yet inflation expectations, according to the latest NY Fed Survey…

RT @DoyleKHodges: It's fair to ask, "isn't that better than the alternative?" Maybe. But the lesson ought to be "don't elect unstable autho…