ADAM TOOZE

Folks have been worrying about Evergrande for years. With debt trading in severely distressed territory are we over the precipice? Is the underlying value still there? ft.com/content/b4e2b0… https://t.co/xmm5rfo0v5

US auto sales tumbled further in August. Outside of the pandemic, sales haven’t been this weak in a decade. thedailyshot.com/2021/09/02/man… https://t.co/maZZXDMZwQ

This write-up of the important Atif Mian, Ludwig Straub and Amir Sufi paper on inequality and interest rates by @rbrtrmstrng is excellent and accessible. ft.com/content/256acf… https://t.co/LLuBgC6qeh

RT @nytopinion: “The world’s decision makers have given us a staggering demonstration of their collective inability to grasp what it would…

China’s plans fornew stock market in Beijing adds to funning for SME, but it may cannibalise listings destined for Shanghai’s Star tech market that Xi endorsed in 2019. Clearly, regime worried about unequal credit access & swoon in PMI. @KangHexin ft.com/content/7433b7… https://t.co/lR99qyBA8I

US private confirm employment still 6 m below pre COVID crisis level. thedailyshot.com/2021/09/02/man… https://t.co/cxx0uDyd6J

RT @Rokewood: Fascinating & important essay from the great @adam_tooze theguardian.com/news/2021/sep/…

"Given the naked pursuit by market neophytes of upward-sloping important-looking charts, it is hard to believe that either meme stock trading or fizzing crypto excitement can end well.” @katie_martin_fx at her arch best. ft.com/content/a5aefa… https://t.co/MgEDLXjp3z

GLOBAL ASYMMETRIES STRIKE BACK the latest @Bruegel_org Paper by @pisaniferry is as smart as you would expect! bruegel.org/wp-content/upl… https://t.co/85jNJIzpms

Beijing seems concerned right now a. About inequality b. About swoon in manufacturing sector over summer. -> new emphasis on SME credit. But plans for new bourse in Beijing meet with skepticism. ft.com/content/c6c4d5… ft.com/content/7433b7… https://t.co/LAmQd99en4

This is very interesting on the appreciation for early Western art amongst a new generation of Chinese artists, influencers and market makers. ft.com/content/6625a0… https://t.co/y1UWpbLvpw

Turkey, Ecuador and South Africa are the economies worst hit by the COVID crisis in tourism industry. Hits in range of 5-9% of GDP! Ireland & Switzerland amongst AE. Alarming data this. unctad.org/news/global-ec… https://t.co/8WnOfaUNND

RT @PeterLindseth: Historians of administrative governance have long recognized what @adam_tooze sees as a core challenge of the 21st C: ho…

RT @Illuminations: This week’s @TheTLS is really very good: Stefan Collini on #RaymondWilliams, Paul Collier on @adam_tooze, @johnpaulstona…

@RobinBrooksIIF Yeah. This was a “dash for cash”. But dollars were the cash folks wanted.

RT @P_Francou: "In giving us a glimpse of financial freedom, 2020 also robbed us of pretenses and excuses." Je donne rarement des conseils…

@RobinBrooksIIF Hi Robin could not one interpret it simply as a sign of the fact that US Treasuries ARE the world’s piggy bank. The shock of March 2020 was unprecedented. There was a huge scramble for liquidity which the Fed generously underwrote. No dramatic flight out of dollar zone as whole.

Or does this go hand in hand with the plateauing of globalization i.e. the big build up of current account driven holdings of dollar reserves has come to an end? @RobinBrooksIIF twitter.com/RobinBrooksIIF…

RT @JeremyCliffe: This ad for Armin Laschet’s new “Team Future” (to be unveiled tomorrow…) doubles as a brutally honest impression of Ger…

RT @ajlamesa: It's a bit odd that the U.S. media still seems to highlight Israel as having the model vaccination campaign. Portugal has vac…

RT @AntonJaegermm: Now here is a counterfactual history worth writing https://t.co/9my11dfYpp

RT @NeilWarner_: Excellent piece by @adam_tooze on wonderfully simple yet subtle assertion of Keynes – "anything we can actually do we can…

RT @maxkrahe: @welt @FlorianMKern @AtifRMian @adam_tooze @stefeich Bottom line: Wer über Inflation redet, darf über Verteilungskonflikte ni…

@LeightonAndrews Thank you.

RT @LeightonAndrews: This is a must-read from ⁦@adam_tooze⁩ theguardian.com/news/2021/sep/…

@semironic @davidedgarwolf @gdnlongread Just too disambiguate. I bet we share the view that neoliberalism is precisely a politics of depoliticization.

@COdendahl @M_C_Klein It is nothing personal really. It is the mere existence of Odendahl that is horrifying. His niceness and lucidity and commitment to fact-based argument just makes it that much worse 😉

@Aligarciaherrer @pisaniferry @GuntramWolff I take your point, but I don’t think you can ignore the question of hierarchy. The Americans are not ready to accept two “ecosystems” in which one has territorial control and capacities that infringe on its claim to supremacy and "freedom of navigation”.

Listening to @WeyandSabine you get the sense of the huge cultural divide between the world historic visions of EU and Washington DC at this point. twitter.com/Bruegel_org/st…

The exposition of open strategic autonomy here by @WeyandSabine is absolutely brilliant. Extraordinarily lucid. twitter.com/Bruegel_org/st…

RT @rebeccawire: Fascinating take on US-China from @adam_tooze #BAM21 – worth your time on the replay. He says foreign policy is calling th…

RT @JustinBrannan: Your basement flooded last night because the city's sewers couldn't handle the storm. The sewers didn't fail. They worke…

For those not in NYC area, we were hit last night by "Ida remnants” aka just another extreme weather event. twitter.com/blkahn/status/…

One for @ediecontooze twitter.com/blkahn/status/…

Thank you Paul Collier for a really generous and comprehensive review of Shutdown in @TheTLS I appreciate the candor too. 🙂 H/t @daniel_dsj2110 the-tls.co.uk/articles/shutd… https://t.co/9yf3agKWqp

RT @maxkrahe: @welt @FlorianMKern @AtifRMian 5. Inflation IST politisch. Aber die Konfliktlinie ist nicht: zügellose Abgeordnete u Finanzmi…