June 28, 2022
RT @DuncanWeldon: But, as in the 70s, the economy is being hit by multiple simultaneous shocks which make the trade-offs for macro-policy m…
RT @DuncanWeldon: But, as in the 70s, the economy is being hit by multiple simultaneous shocks which make the trade-offs for macro-policy m…
In March 2022 markets expected a Fed tightening cycle that was modest by historic standards. Now they expect a tightening that is 2nd only to Volcker shock. Does @BIS_org need to do a revised forecasting exercise for a scenario more extreme than 2004? adamtooze.substack.com/p/chartbook-13… https://t.co/0gPtVWHli2
The surge in capital goods orders in the US since 2020 has been remarkable. I’m a bit worried that these figures are seriously inflated by the price shock. But nevertheless. @SoberLook thedailyshot.com/2022/06/28/bus… https://t.co/WXE4FLE3Tv
RT @BullandBaird: If you are still in the camp of "inflation is out of control and only going higher how can you explain: 1. 5yr breakeven…
RT @johnauthers: This is really worth reading: Chartbook #131 Calibrating the polycrisis – with the help of the Bank of International Settl…
RT @osamarizvi10: WE ARE LIVING IN THE AGE OF POLYCRISIS – The 6 Effects 🧵 – @adam_tooze in his book, Shutdown, talks abt Polycrisis. 6 ef…
RT @WillHarahan: “Essentially, the airport industry are the landlords of the airline industry, & so, if the airline industry looks like it’…
RT @3eintelligence: Great piece @adam_tooze @BIS_org report : why #Putinswar = not real cause inflation & why 'a disorderly shift, where ad…
RT @edbrophy: Let it sink in: we have seen fastest global growth in 50 years, followed by swiftest slowdown. @BIS_org report dissected by @…
RT @70sBachchan: 12/ Mike Davis was peerless. Ecology, Empire & Economy all held in a single unified field unlike those who plough their si…
RT @JeremyCliffe: Also recommend this by @adam_tooze, who sounds a timely note of caution on the much-hailed “Second Coming of NATO”: http…
In its latest Annual Economic Report the @BIS_org offers a powerful account of the dilemmas of anti-inflation policy, in the process it charts the polycrisis of our age from climate to food crises in fascinating ways. adamtooze.substack.com/p/chartbook-13… https://t.co/UNzPgTcobl
RT @Rodpac: El @BIS_org observa un cambio en la dinámica de inflación global que va más allá de la invasión de Ucrania. @adam_tooze lo expl…
RT @oohussey: Chartbook #131 Calibrating the polycrisis – with the help of the Bank of International Settlements , by @adam_tooze https://t…
RT @mmamertino: Let's put things into perspective: In the last 18 months we have seen *the fastest global growth in 50 years, followed by t…
RT @scottlincicome: "The study—published on June 23rd in Lancet Infectious Diseases—found that in the first year of vaccine rollout, jabs s…
"In the current conjuncture, if you aren’t puzzled you don’t get it.” Chartbook #131 on the @BIS_org far-reaching diagnosis of the unprecedented configuration of the global economy. adamtooze.substack.com/p/chartbook-13… https://t.co/4izPN0663Y
As @policytensor pointed out in response to Chartbook #130, our polycrisis connects together radically unlike moments of tension. Chartbook #131 reads the Annual Economic Report of @BIS_org which juxtaposes China shocks and food protests (sic). adamtooze.substack.com/p/chartbook-13… https://t.co/TTsAUcT6Kz
Chartbook #131 just dropped. Picking up where #130 on the polycrisis and the crisis matrix left off. Reading the @BIS_org Annual Economic Report as a quantitative calibration of the polycrisis. adamtooze.substack.com/p/chartbook-13… https://t.co/CQEZeCIPK7
RT @mauracunningham: Former Apple Daily features editor Norman Choi now works at McDonald's and is training to become an electrician, but s…
Commodity price numbers should NOT be conflated with broader inflation. According to @BIS_org 30% increase in oil prices, combined with a 10% rise in agricultural prices has historically been associated with a 1 % increase in inflation in following year! bis.org/publ/arpdf/ar2… https://t.co/4McBGsZygq
Is there something wrong with this @BIS_org chart, or am I misreading it? How can share of energy and food in US PCE be as low 12%? @M_C_Klein Combined share should be closer to 15-20 percent shouldn’t it? bis.org/publ/arpdf/ar2… https://t.co/wEPJQaq2xd
RT @steve_vladeck: The last day on which a majority of #SCOTUS Justices had been appointed by Democratic Presidents was May 14, 1969. The…
If underinvestment is one of the factors constricting supply of commodities/energy right now. The price collapse of 2014 is by far the most plausible explanation. bis.org/publ/arpdf/ar2… https://t.co/1HT1GOCSnI
Will the G7 security arrangements in Germany be disrupted by the sighting of a brown bear? twitter.com/georg_ismar/st…
@RonRice_ @andynortondev Fair point … about Taiwan … (and Biden) … I think we may need another sheet of paper for this …
RT @andynortondev: Mapping the polycrisis @adam_tooze adamtooze.substack.com/p/chartbook-13… "A polycrisis is not just a situation where you face multip…
RT @stevehouf: Despite contributing 30-50% of *electricity* generated, renewables continue to contribute a very small percentage of the tot…
There are economies of scale in the construction of battery plants and China’s vast lead in the industry gives it a huge advantage. ft.com/content/a00a55… https://t.co/bXxrpIBEvr
The US and EU are adding battery manufacturing capacity but that should not be confused with the idea that they are catching China. Its growth is predicted to dwarf both of them. ft.com/content/a00a55… https://t.co/aUNbqk2FqG
"One of the most frustrating aspects of America’s Ukraine debate is its degree of self-deception about global unity. The assumption is false.” Spot on from @EdwardGLuce ft.com/content/f94bae… https://t.co/4sMVnv5Uxf
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