ADAM TOOZE

Rates rising in China repo market = major funding source for overextended shadow banks with major maturity mismatch… https://t.co/oIAZwXlvUV

Will China’s shadow banks be able to withstand pressure of rate rises? Will Beijing be able to contain fallout?… https://t.co/au8rGf7YTR

Substantial risk building up in China shadow banking. 50% of repo borrowing is by "nonbankfinancial institutions”… https://t.co/u9VHGMWVGc

China and Japan vie for control of Asia trade deal https://t.co/ZiRXsiQiDn via @FT

Joan Miró’s irresistibly-titled ‘People at Night, Guided by the Phosphorescent Tracks of Snails’ (1940) https://t.co/r9aDiqYNEH

Analytically, GOP is an increasingly unstable coalition of Poujadists (Tea Party), Peronists (Bannon/Navarro) & Pinochetists (globalists).

@MESandbu @FT me too!

@mattknight64 @VersoBooks yup

Just catching up on the Haldane speech. Yes, TFP growth matters but so does capital deepening. Also: great chart.… https://t.co/QxSjE0l2cB

Nachneuzeit – the time after modernity – Favorite German word of the day. Anderson seems to attribute to obscure I… https://t.co/jAdCOXX0xV

Right now US econ forecasts are all over place: White House, FOMC, Atlanta Fed, NY Fed, soft v. hard data are all w… https://t.co/tq9lz4Ma3s

Division of forecasts: wild discrepancy in econ forecasts runs not just btween White House & FOMC, but also FOMC v.… https://t.co/KzSRWA6Lkv

Division of forecasts: we are about to find out what happens if Fed and White House live in different economic univ… https://t.co/INAlQvnIiZ

Living example of Sandbu’s argument that globalization rears its own defenders = Indonesian Finance Min @MESandbu… https://t.co/qWoOtRRaYo

Headline you never though you would see! Indonesia’s ex world bank Finance Minister rips US over protectionism!… https://t.co/GheaSJv2Lo

Why the usual identification of Carr’s Twenty Year Crisis as the classic realist IR text is painfully wide of the m… https://t.co/ksk9F8GUTi

Strike “hegemony” insert "balance of power": Editing Tsar’s telegram on 2 August 1914. From Perry Anderson’s forthc… https://t.co/J4BX77WkfF

@SDullien Agreed. As I argue in the post. The surprise is that of an audience watching a famous juggler who finally does drop the balls!

@MWPalen thank you!

@arigatotiramisu sure … I buy yr political logic. But these deals are multilateral and highly tech so it is a major disaster in any case.

@arigatotiramisu agreed but don’t underestimate how MASSIVE those edifices are. You can’t just blow up & then put them back together again.

@SDullien or not … will the goldmanites reel the nationalists in? https://t.co/T98EJjV4WX

Is Trump's turn against free trade for real? What does it signify for US politics and beyond? We’ve been arguing… https://t.co/T98EJjV4WX

@MWPalen did you ever track down the source for the amazing CEPR graph that the BBC reproduced? very very striking!

@iraqi_day @MarkAmesExiled The colors are so evocative of that horrible moment! Flames against green street-lighting! thank you for posting.