July 21, 2022
@FuestClemens Hi Clemens, ESM is explicitly mentioned under the heading of debt sustainability. Do you mean it has no role in implementation of spread management? Or as a Track B as @PhilippaSigl has suggested?
@FuestClemens Hi Clemens, ESM is explicitly mentioned under the heading of debt sustainability. Do you mean it has no role in implementation of spread management? Or as a Track B as @PhilippaSigl has suggested?
RT @PhilippaSigl: Might be interesting to review what goes into the various DSAs given they feed into #TPI conditionality. For interest rat…
RT @DanielaGabor: very good, about time someone in Euroarea did something to change the absurd fiscal rules we have. https://t.co/IHnE88d…
RT @TheStaggers: In this week's international cover story, @adam_tooze explores why Joe Biden failed. The New Statesman is offering 20% o…
“The populist coup against Draghi raises our sensitivity to risks from erratic policymaking.” The JP Morgan view ft.com/content/78a0a6… https://t.co/QKYRMgxKWS
If as @DanielaGabor and @PhilippaSigl highlight the ECB's TPI triggers are putting the onus on Commission/EU institutions to make evaluative decisions, presumably the next step is to open the black box of those processes. Or perhaps not. twitter.com/PhilippaSigl/s…
RT @PhilippaSigl: Re-upping this thread from my colleague @Philipp_Orphal which explains why the conditionality set out by the @ecb makes q…
RT @AndreasSteno: Until today TPI referred to a clinical test for syphilis (TPI-test) Not anymore
RT @DanielaGabor: @ecb Italy meets the 4 criteria, we are told. Of course, otherwise pretty pointless.
RT @KeineWunder: Deutschland würde also nicht die Bedingungen für das TPI erfüllen, wenn der Leistungsbilanzüberschuss bei mehr als 6% lieg…
PUT DOWN OF THE WEEK: "Ionescu theatre of the macrofinancial absurd." twitter.com/DanielaGabor/s…
RT @DanielaGabor: not too bad, @ecb has passed the hot 'fiscal discipine' potato to the Commission while retaining its actual room for mano…
Such great news to see @PhilippaSigl prominently in the pages of @FT !!!!!!! twitter.com/JayJaySteffen/…
RT @heimbergecon: ECB has announced: key interest rates will rise by 50 basis points. I'm not at all convinced that this is the right move,…
RT @heimbergecon: The quality of articles in 🇩🇪 "quality media" about Italy and the ECB is often astonishingly low. Here is a particularly…
RT @heimbergecon: The 🇩🇪 newspaper "Die Welt" openly agitates against Italy and other – in its own words – "notorious debt sinners". The EC…
RT @Tom_J_Holland: The philosopher R. G. Collingwood thought the decline of representative democracy in Britain began as early as the 1890s…
RT @heimbergecon: A reminder on this big ECB decision day: inflation in the €zone is driven by energy and food prices, and by other items w…
RT @Sallan_Found: Trying for a a one-liner to summarize an @adamtooze article is a fool's errand. But here goes "The collapse of Build Bac…
RT @derspiegel: Der Historiker Nicholas Mulder erklärt, wie Sanktionen zur Kriegswaffe wurden – und warum wir nicht zu viel von ihnen erwar…
RT @bentarnoff: Latest Tooze newsletter raises a question I've been curious about: Why isn't there more of a capitalist bloc behind "green…
RT @MaxCRoser: All three statements are true at the same time: • The world is much better • The world is awful • The world can be much bett…
RT @MacroFinanceLab: We are very happy to announce that the JST Macrohistory Database is now updated with annual data until 2020! It contai…
RT @annamomi: Italian radio now playing “with or without you” by U2. Not a joke.
RT @bopanc: Spain rejects EU proposal to cut gas consumption by 15% with a jibe that was overused by Merkel officials during the eurozone c…
RT @ErikFossing: Banks being protected by the military! Somethings definitely not going to plan!!!
Two rather grim assessments of the Biden administration at the 18-month mark #1 For @NewStatesman newstatesman.com/world/americas… #2 A deep dive on the double death of Build Back Better on Chartbook Newsletter #138 h/t to @70sBachchan adamtooze.substack.com/p/chartbook-13… https://t.co/Tyy7Aq8Avq
RT @70sBachchan: “If Biden’s plan was to stabilise US democracy with progressive politics–an updated New Deal for the 21st century–the conc…
RT @ToddMPitcher: Tooze: "America is both one of the birth places of modern climate politics and the place where climate politics has gone…
RT @phdskat: A typically thorough @adam_tooze, interesting on many points, notably the argument that short-term revenue plans [incl. the…
RT @bernardchickey: The most sobering and unsettling piece of writing about the political economy of climate I’ve read. Chartbook #138: Bui…
RT @MkBlyth: As @adam_tooze shows, it not just Manchin that killed BBB, its the Centrist Democrats and their inability to think past a fund…
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.