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Will the BoJ's yield curve control be the last piece of the QE-world to go? In June the CB bought gov bonds at a monthly rate of ¥20tn, double the pace seen at the previous peak of bond-buying in 2016 ft.com/content/136af7… https://t.co/f06EhdGTG1

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RT @RajrishiSinghal: Economic historian @adam_tooze puts together data from various sources to show that the number of #Indians making #Ger…

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RT @Jorge_Tamames: Pairs well with @MESandbu's recent warning: “monetary contraction on the cusp of a recession will make things worse for…

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RT @Jorge_Tamames: An excellent read by @adam_tooze on mistaken historical analogies, inflation, and “the last moment in which capitalist d…

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RT @ShaharHameiri: The latest substack from @adam_tooze is also great on this for highlighting the power relations built in the low inflati…

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RT @ProspectEconom: 'any technocrat who celebrates the decline of the bargaining power of organized labour because it makes inflation-contr…

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RT @leifschannel: Proposal for the next Episode of Ones an Tooze: the economy of the Media. About the switch from print to Digital, the con…

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RT @MeisterAnatol: @OliverBWeber Dazu auch das letzte Chartbook #133 von @adam_tooze. Von denen,die ich gelesen habe, vielleicht das Beste…

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The Japanese yen is at a 24-year low. Triggering a domestic debate about whether this is a symptom of crisis or whether a "cheap Japan" is the recipe for a national revival. ft.com/content/136af7… https://t.co/GNtKzbgU3j

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Copper dropped below $8,000 a tonne for the first time in almost 18 months on Friday as mounting fears of recession weigh on the world’s most important industrial metal. ft.com/content/34f670… Pairs well with Chartbook #132 adamtooze.substack.com/p/chartbook-13… https://t.co/8gMLYHxwhQ

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Euro denominated bonds trading at distressed levels — with a yield above government benchmarks, or spread, of more than 10 % — now account for 8.8 % of the Ice index of euro-denominated junk bonds, compared with 1.3 % at the end of 2021. ft.com/content/e22da3… https://t.co/Nc1k3tOCm7

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Why does American inflation politics revolve so much around energy & food prices, when those items make up a smaller share of the consumption basket in US than anywhere else in the world? Why is every trip to the gas station a test of the American dream? bis.org/publ/arpdf/ar2… https://t.co/Nsk0l6YDu4

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RT @x_delcourt: A lire ou relire aussi à l’occasion, cet article séminal d’@adam_tooze sur le rôle politique des banques centrales https://…

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The stock of distressed corporate debt more than doubled from May 31 to June 30 alone, underscoring how quickly concerns are mounting that central banks’ decisions to tighten monetary policy could tilt major economies into recession. ft.com/content/e22da3… https://t.co/eQfuYgfhtG

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Inflations after WWI are the stuff of legend. We tend to forget the scale of inflations amongst belligerents after WWII. Nice reminder from @BIS_org Pairs well with Chartbook #26 on China's hyperinflation of 1948/49. adamtooze.substack.com/p/chartbook-ne… https://t.co/FMcD0HJEEs

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Did Biden not get the G7 white shirt memo? And, are they not painfully aware of the retro vibes around this 1970s G7 look? As though globalization never happened! ft.com/content/aa1fe1… https://t.co/QrkXytXCXX

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RT @x_delcourt: @TimothyDSnyder et ici, une toute autre lecture de cet article d’Habermas par @adam_tooze newstatesman.com/ideas/2022/05/…

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RT @US_Dhuga: @patrick_oshag The Currency of Politics: The Political Theory of Money from Aristotle to Keynes by Stefan Eich @stefeich – a…

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@policytensor Would you mind taking your original tweet down. Otherwise I am going to have people shouting at me all day and I am not in the right space for that.

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@policytensor Im just starting at the beginning. My Brilliant Friend. Such a fascinating account of girlhood in the Trente Glorieuse … to put it SUPER-reductively.

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@policytensor To you too. Elena Ferrante … which I much prefer!

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@policytensor Hey. I get to dabble too! I like “feeling” this stuff a bit. My mind is elsewhere right now.

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The evolution in @DuncanWeldon thinking about the 1970s analogy from this in May duncanweldon.substack.com/p/that-70s-show To this in June duncanweldon.substack.com/p/why-this-mig… Is fascinating. His substack is excellent! https://t.co/2DUXQjsLax

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"the defining feature of Britain’s economy in the 1970s was a sense that everything was going wrong at once” I like this by @DuncanWeldon duncanweldon.substack.com/p/why-this-mig… I guess this is why I see the 1970s as the origin of our current polycrisis. Similarities reflect that deeper fact. https://t.co/h4oL6d65UK

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RT @fxmacroweekly: Great collection of charts for the weekend! Chartbook #132 Nowcasting – the immediate outlook for the US economy , by…

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Chartbook #132 just dropped on the slowdown under way in the US economy and the “outlook” for Q2 2022. adamtooze.substack.com/p/chartbook-13… https://t.co/C1SQ6ejEgg

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“Recovery” in US trade balance makes a negative Q2 GDP number and thus a technical recession less likely. thedailyshot.com/2022/06/29/rob… https://t.co/k40OqDTqEl

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Look at data like this and you realize that outside electricity generation and on a global scale the energy transition has really barely begun. @Gavekal via @SoberLook https://t.co/LWW01gBFJk

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US real disposable income has now fallen to levels last seen before COVID. Practically no real growth over a two-year period. thedailyshot.com/2022/07/01/the… https://t.co/XM2wWRw8cp

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Real personal income ex transfers in the US is now growing on a trend which, to the naked eye at least, appears to break in 2018. thedailyshot.com/2022/07/01/the… https://t.co/qoAG2nS3Ha

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Real US personal spending in May 2022 fell below trend. More signs of slowdown? thedailyshot.com/2022/07/01/the… https://t.co/RHMb3GyDYL

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@mathijsbouman Fair point. Let me add a question mark!

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The fact that tourism contributes a smaller share to Greek GDP than it does to Spain or Portugal’s is evidence for a truly remarkable failure! thedailyshot.com/2022/06/30/rec… https://t.co/JeMsKl6WRo

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As a result of the sudden and unexpected surge in prices real wages as deflated by CPI are down on pre-COVID period. But surely CPI is NOT a good deflator for real employment costs! You need producer prices dont you? thedailyshot.com/2022/06/30/rec… https://t.co/0e7pGmcp1L

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