"It took a murderous invasion of a neighbour & a geopolitical struggle between superpowers to find the G7 a purpose in life — but it got there in the end." However "The US wants a vigilante posse, not a victim support group." @alanbeattie ft.com/content/3cb5d2…
Italy has "a trade deficit to lose" in any uncoupling from China. Germany has FAR more at stake. ft.com/content/f90177… https://t.co/7mQy3TRSmI
"The pig is working its way through the python." Shelter inflation in US is FINALLY coming down. But it is a SLOW process! @rbrtrmstrng @EthanYWu at Unhedged. ft.com/content/d3594b… https://t.co/8Q3hhh0Fdp
Europe's inflation, de-dollarization for the desperate, Pynchon book signing, Karl Marx on California Latest Chartbook Newsletter just dropped. Check it out, sign up here: adamtooze.substack.com/p/top-link-208…
Ecuador does trade deal with China, which may raise total non-oil exports by 1/3 whilst protecting key industrial sectors. China has provided $18bn in financing AND done a (modest) restructuring. To all this activity what is the West's answer? ft.com/content/b0cee1… https://t.co/YLQ9Y7SruA
RT @elisabmpiller: one of my favorite archival finds @TrumanLibrary – the (future) Committee for the Marshall Plan brainstorming what to ca…
RT @srabil: SIX WEEKS. Our colleague Evan Gershkovich has been detained in a Russian prison, simply for doing his job, for 6 weeks. Let tha…
RT @M_C_Klein: New at THE OVERSHOOT: Banks Are Blowing Up While the Economy is Strong. Time to Worry? theovershoot.co/p/banks-are-bl… <– There…
RT @70sBachchan: ‘The conspiracy-fuelled crackdown on India’s leading think tank, the Centre for Policy Research, is only the latest in a s…
When we compare 2023 with the banking crisis in 2007-9 it is important to focus not only what happened but on what was feared at the time. The stock market valuation of Citi gives an idea of how broken the entire banking system was. Read Chartbook 214 here tinyurl.com/yyz7sxuc https://t.co/9Pwq8GgWWm
RT @WonkVJ: I have an essay just out on progressive grand strategy. Responds to a murderer's row of scholars (@dbessner @EmmaMAshford @rmm…
RT @KatherineBlunt: NextEra is making a big bet on hydrogen, likely to the tune of $20B. The company played a key role in shaping the new H…
2023 has seen "classic" depositor runs at badly managed banks. In 2007-8 there were bank runs too. But what was going on behind scenes was far scarier: the collapse of the market-based, non-deposit funding system. Chartbook Newsletter #214. Sign up here: tinyurl.com/yyz7sxuc https://t.co/tyDTsKZuDC
Think the runs on SVB and First Republic were big & fast and social media enhanced? Sure. But check out the "run on repo" that brought down Lehman in September 2008 just as the "socials" were born. Read and sign up for Chartbook Newsletter here: tinyurl.com/yyz7sxuc https://t.co/i5bg4M3oY8
RT @samhaselby: As social conditions in the US deteriorate and access to information about life in the rest of world grows, younger America…
RT @ahistoryinart: Kees van Dongen most likely painted 'A Young Woman Reading,' soon after moving to Paris in 1899. Here he began frequenti…
RT @NewLeftEViews: Extreme UV lithography is one of the few truly spectacular achievements of human civilisation.
2023's bank runs have been big and fast. But classic bank runs of the type we've been seeing are NOT what made 2008 so terrifying. Read and sign up for Chartbook Newsletter #214 here: tinyurl.com/yyz7sxuc https://t.co/Kj9yUP5lff
RT @russellgold: Texas leads all states on renewable energy. Its not even close. Wind and solar power lowered our electricity by $11 billio…
RT @jburnmurdoch: Honestly pretty stunned to have won journalist of the year at the @Wincottfound awards 😲 Huge thanks first of all to the…
@DanielaGabor Don’t disagree. That would be a great complement piece to write. 😉
RT @DanielaGabor: To me, the critical difference is not the composition of private balance sheets, but institutional architecture – the ran…
RT @GuyInAfrica: Great as ever from @adam_tooze – this time on the bank failures of 2023. adamtooze.substack.com/p/chartbook-21…
Why 2023 is, so far at least, quite unlike 2008. Chartbook Newsletter 214. Sign up and read here: adamtooze.substack.com/p/chartbook-21…
RT @culturaltutor: 300 years ago a famous Italian artist called Giovanni Battista Piranesi did something strange. He drew an infinite, ima…
RT @yarbatman: 1. Five years ago, President Trump unilaterally withdrew from the Iran nuclear deal. But he didn't just withdraw from an ag…
RT @evewarburton: My book is coming out with @CornellPress @seapcornell this year! It examines transformations of ownership in Indonesia's…
RT @TheStalwart: Inflation has cooled for 10 straight months, even as the unemployment rate has steadily improved. Maybe putting millions o…
RT @Brad_Setser: Pakistan, like Argentina, cannot really pay in dollars (because it doesn't have any left) And CNY payments make the PBOC'…
RT @klaasm67: When Germany invaded the Netherlands on this day in 1940 the Luftwaffe lost 361 aircraft. This included 275 Ju52 transport ai…
RT @bruno_amable: L'impact de la crise énergétique de 2022 en Allemagne. Tom Krebs, XII. New Paradigm Workshop – Resetting the Economy aft…
RT @daniel_dsj2110: It was a pleasure to interview Adom Getachew and Jennifer Pitts for The Nation about the important new volume they edit…
RT @HelenHet20: Minus the pandemic, the big-picture story of the German economy appears to be a China-driven trade shock starting in 2018 f…
RT @AlecMacGillis: I've traveled all over the country the past couple years but am still not inured to the sight of our downtown civic & co…
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