ADAM TOOZE

RT @_gabriel_U: @adam_tooze @policytensor @HyunSongShin @M_C_Klein @DanielAlpert I would propose additionally @blair_fix's wonderful explai…

@asier_geme @_gabriel_U @blair_fix @policytensor @HyunSongShin @M_C_Klein @DanielAlpert @BichlerNitzan Actually I definitely will and have it earmarked for comment and recirculation. Struck me as absolutely fascinating actually and right up my street tbh. More soon

Right now the talk is of chip shortages, but in light of dramatic government-backed expansion worldwide, the industry seems set for dramatic over-capacity in the not too distant future. At least according to @NikkeiAsia asia.nikkei.com/Spotlight/Supp… https://t.co/mcb1zM38Ox

From bottleneck to boom: work on close to 30 new fabs will start by end 2022. global semiconductor equipment inv for front-end fabs, where silicon wafers are processed, will be nearly $100bn next year, after topping $90 billion this year — both records. asia.nikkei.com/Spotlight/Supp… https://t.co/qz6ctBXIcp

"The crisis facing democracies the world over is the cynical use of democratic institutions to curb democratic culture.” @MukulikaB assessment of the success of Indian farm protests has wide implications! ft.com/content/780749… https://t.co/0DjRv6lRZn

China’s coal production has hit record levels this year. thedailyshot.com/2021/12/13/us-… https://t.co/XUkU9ikTV0

"Bond markets expect long-term interest rates c. 1.6% in US. Suggests pessimistic outlook. But what if growth/infl pressures accelerate? Fed itself expects 2.5% rates -> Will gov bonds be “riskless assets”?” Asks Karen Ward of @JPMorganAM ft.com/content/759cff… https://t.co/hxvDIIBUG4

UK’s recovery from the COVID shock is far from complete and way below trend. thedailyshot.com/2021/12/13/us-… https://t.co/HK7rWkeDaB

"This year a record $66.8bn has flowed into funds holding Treasury Inflation-Protected Securities, US government bonds that are indexed to inflation.” @kateduguid ft.com/content/761227… https://t.co/lscpbEtS6b

Wider Italian spreads reflect waning ECB support, and political risks. H/t @AntoineBouvet2 think.ing.com/articles/rates… https://t.co/CN7pVwBU8h

"world will face a shortfall of 3bn Covid-19 vaccine shots early next year if richer nations “aggressively” boost adults and open up immunisation to children, further hindering the rollout of jabs in poorer nations” WHO warns. Why is there any other news? ft.com/content/54bec9… https://t.co/p3n4OspBZv

RT @alex_block: This was a fascinating episode, in which I learned there is a monument to the pallet on the campus of Virginia Tech https:/…

RT @CJFDillow: Of today's 5.1% CPI inflation, just 3 components (representing 7.6% of the CPI basket) account for 2pp of it: used cars (whe…

@scottEmovienerd Many insects are very tasty. In fact spiders done in BBQ sauce are very tasty indeed!

If this had happened in China what might we call it …? A (capitalist) cultural revolution? Devastating! twitter.com/urbanthoughts1…

@AndrewZ60494543 And also ultra light-weight but high-strength construction.

RT @TheStalwart: I'm not anti rate hikes, I just want the pro-rate hike camp to be clear on what problem they are aiming to address, and vi…

RT @HyunSongShin: Happy to feature in this timely chartbook on #inflation from @adam_tooze twitter.com/adam_tooze/sta…

France has named agriculture traders Bunge and Cargill as the leading importers of soyabeans from areas at risk of deforestation, one of the main contributors to global warming. ft.com/content/5c4496… https://t.co/eUx7Vi4aro

Chartbook #59 just dropped. On the ongoing inflation debate. I swear I just meant to put together a bunch of links … and then it started adding up. Anyway, stuff by @policytensor @HyunSongShin @M_C_Klein @DanielAlpert Busy times … adamtooze.substack.com/p/chartbook-59… https://t.co/32DFXZh35n

As Eric Hobsbawm said, the bicycle was one of the transformative innovations of the 19th century. But I did not know about the ‘bicycle boom’ of 1895-1897. Fascinating! ft.com/content/e1c1fc… https://t.co/M7nRR8zhNS

With spring oil revenue and falling military expenditure, as it pulls back from Yamen, Saudi Arabia is predicting a budget surplus 2.5% v. Deficit this year of 2.7% ft.com/content/e52235… https://t.co/1XYu5FJQHc

“The market’s got into its head that it’s going to see additional purchases from the ECB to replace PEPP,” “If they don’t deliver that there’s a chance the spread in Italy will blow out again.” ft.com/content/e01ce6… https://t.co/GAfwnqaC5i

Rather a beautiful explainer this! The yield curve: why investors are watching closely ig.ft.com/the-yield-curv… via @FinancialTimes

Myanmar opposition parallel government declares tether to be its currency. It also raised $9.5m in a resistance bond issue. bloomberg.com/news/articles/… https://t.co/0X5bJsUhgI

Calpers’ return target is 6.8 %. Even junk bond indices are yielding 4.5 %. So what do you do? Add leverage and shift into private equity and debt in search of better yields. ft.com/content/0d2d81… https://t.co/GWNrn5Goyc

RT @OliveFSmith: The woman in the cheese shop told me she had a cheese from 2019 that she suspects is so delicious because ‘it didn’t know…

RT @eric_weinberger: @adam_tooze for infrastructure buffs – four language 1929 brochure on port of A'dam twitter.com/PetralEvers/st…

RT @blob_watcher: @PAstynome BTW this forthcoming book by @njtmulder is a must read for me. @adam_tooze has a fantastic one liner on sanct…

RT @samanpeiro: @yamphoto @adam_tooze @TIME @kcedeno @latimes @latimesphotos @nabihbulos Thanks Mrarcus for reminding the world of the horr…

RT @yamphoto: Extremely honored to have an image from #Afghanistan published @TIME magazine's top 100 pix of 2021. But I am humbled by the…

RT @PekingMike: The Times Square subway station. In the richest city the world has ever known, in the richest country in history, an appall…

@pup_stock How about this? 2017 journals.uchicago.edu/doi/full/10.10…

RT @bataille_chris: This is the stuff we’re going to be adding to high tech electric arc furnace mini mills to “sweeten” recycled scrap as…

@sarahoconnor_ @rike_reimer So crucial. A decent society would have many more counsellors and therapists and value their essential work very highly.

@_John_Handel Absolutely. Not sure it is at all fair to Polanyi himself though. I need to go back to the original texts to revisit his take on imperialism.