ADAM TOOZE

As I was finishing up Chartbook #43 on the IMF crisis made in America, adamtooze.substack.com/p/chartbook-43… Crack @ft team of @colbyLsmith @Sam1Fleming @Jonthn_Wheatley report that Europeans are swinging behind Georgieva ft.com/content/3bb6a3… https://t.co/GsTL41eTgb

If you were hooked on the IMF/World Bank story by this morning’s @OnesandToozePod podcasts.apple.com/us/podcast/one… I have elaborated the story in Chartbook #43. adamtooze.substack.com/p/chartbook-43… https://t.co/XESkd7GmlK

RT @colbyLsmith: France to be joined by Germany, the UK and Italy in backing Kristalina Georgieva at the IMF ft.com/content/3bb6a3… @Finan…

RT @TedGrunewald: BREAKING—Incredible! In 2020 @NYCLandmarks lets developer gut all 9 landmarked rowhouses at 14th St. & 9th Av. @GVSHP &…

@petersgoodman Fascinating. I need to get more into the Argentina story. Are you going to write it up?

RT @petersgoodman: interesting, nugget-rich account of the IMF leadership battle from @adam_tooze adamtooze.substack.com/p/chartbook-43…

@petersgoodman Keeping it tight 😉 Been talking to development policy pros. BlackRock angle intriguing, but can you actually join the dots?

Chartbook #43 just dropped. An IMF-Crisis Made in America. Why are the leadership of both the IMF and World Bank in question. adamtooze.substack.com/p/chartbook-43… https://t.co/yHEdkZ7bgL

The WH report is designed to produce precisely that impression @tashecon dont you think? It does not even name the actual context of the stress in 2017 i.e. Trump. It doesnt either begin or end the story i.e. the capital raise of which this is one moment. twitter.com/tashecon/statu…

Just heard that there is an unscheduled meeting of European Finance Ministers to meet in DC next Friday. France’s Bruno Le Maire not making his planned visit to NYC. Wonder what we should read into that @GeneralTheorist !

"the mere existence of high-level US-Mexican talks is a step forward for the rocky relationship between the countries, which share a border that is nearly 2,000 miles long.” Seriously, this is where we are at! ft.com/content/571b17… https://t.co/Tk5l1ca9Vk

One of these EM is not like the others … for @RobinBrooksIIF ft.com/content/25687c… https://t.co/4hGhiF4b6b

Dijsselbloem for Georgieva swap …. Well there’s a truly horrifying vision. Thanks @GeneralTheorist twitter.com/GeneralTheoris…

In 2016, 55 % of Chinese bank lending was for real estate, today the share is 15%. Meanwhile, share of lending to industry is up to 13% or so. thedailyshot.com/2021/10/07/odd… https://t.co/T3lCrDkbDb

Global stilling? The strength of the wind blowing across northern Europe has fallen by as much as 15 per cent on average. Is this an effect of global stilling i.e. decrease in average surface wind speed owing to climate change? ft.com/content/d53b58… https://t.co/tIQHY9yupC

With property developers Evergrande and Sunac on the ropes, Asia High Yield has NOT been a comfortable place to be since the summer. https://t.co/4urdiI9FAq

RT @RebeccaSpang: I started writing with the Fr Rev in mind. But there's also interesting history about origins of the #debtceiling in the…

Fertilizer makes up 25-40% of farm costs in US agriculture. Rising gas prices will squeeze up fertilizer costs. @USDA @FitchSolutions thedailyshot.com/2021/10/07/odd… https://t.co/AlQptLYZyI

RT @GregKable: Cars versus cruise ships. Take two. My mistake. Those numbers on the CO2 emissions of the MSC Fantasia were skewed. CO2 emi…

@atalaveraEcon @SoberLook It excludes construction …. ?Seriously? This is the non-construction part of Spanish industrial production? HUGE fall in 2008. NO recovery? If that included construction it would make sense to me.

European energy stocks have outperformed the broader markets since summer but still well below the curve of oil prices. The narrative of the death of fossil fuels is looking somewhat premature. thedailyshot.com/2021/10/07/odd… https://t.co/OMSH4h6dJs

In recent decades, rising global fertilizer use has gone hand in hand with rising corn yields. Rising gas prices and fertilizer costs will weigh on global farm production. thedailyshot.com/2021/10/07/odd… https://t.co/r1huJ9gh3M

Riskbank and Nordea remain optimistic about Swedish recovery, but August 2021 was nasty! @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/tzM7Qz6c5B

@Franceskamarel @SoberLook Well yes. But they do often get muddled in unhelpful ways and it is important to be clear what is being counted and what not.

This by @EdwardGLuce on the Georgieva/IMF crisis is good. ft.com/content/de0f99… But to really get handle on crisis you need to recall the context, as we do in @OnesandToozePod This is a crisis made in America both in 2017 and 2021! @ApplePodcasts podcasts.apple.com/us/podcast/one… https://t.co/khFEnvRRFG

The surge in natural gas prices correlates with a doubling of fertilizer prices. @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/9HNaQJeFAg

RT @sdonnan: Kristalina Georgieva intervened to strip out language calling climate change "macro-critical" in an @IMFNews Art 4 review of B…

@DavidPa37498911 @DominicFrisby @YouTube David, that is very well put. I completely agree. You capture the full moral seriousness of the choice, which is why Keynesians should not be facile in their critique of conservative liberals a la Hayek.

Remember when we used to worry about the appreciation of the euro v. Dollar. @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/4YZzKXDzEs

@GlendaBurgess Thank you Glenda!

Since May Biden’s approval rating has crashed. thedailyshot.com/2021/10/07/odd… https://t.co/eQeCNsHYcL

Spanish “industrial” production took a crushing hit in 2008 and has never recovered. I have gotta believe that this index includes construction. @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/419J7n9XD5

Extreme weather has devastated the US cotton crop and helped to drive a surge in cotton prices. thedailyshot.com/2021/10/07/odd… https://t.co/4MpNTbILUe

30% of unemployed Americans say that we would not be willing to return to their previous jobs at the same pay. How reliable are these kind of surveys? @DesjardinsGroup @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/cGoLIYqBeY

@leslieehrlich But a beautiful morning in NYC.

Botswana to Indonesia – Countries most reliant on coal: @SoberLook thedailyshot.com/2021/10/07/odd… https://t.co/wbWxyDT1Rr