"Flying the flag for global Britain” involves a British carrier with more US warplanes than British ones. US and Dutch naval add-ons to make up the numbers as British destroyers drop out for maintenance! No wonder US prefers Uk to stick to Atlantic. ft.com/content/7fb266… https://t.co/L2vvDYN3NW
RT @NatBullard: "You cannot draw in the first returning tourists and museum-goers with the delights of a 1946 Pininfarina Cisitalia (oh, th…
RT @WilhelmGustloff: Robert Charles Dudley A deck scene on the 'Great Eastern' c. 1860 https://t.co/yyHd63UEFb
"If a little death is the price of beauty, what’s a museum supposed to do about that?" @AriellaBudick dissects latest @MuseumModernArt show about automobility marred by typical MOMA laziness when it comes to curation: "Bunch of cool stuff from the vault" ft.com/content/e4d81f… https://t.co/ukT2gx4sVH
Porsche SE, family holding that controls VW, is investing in Munich-based rocket start-up Isar Aerospace. In May, Isar became 1st private European company to win a contract from a national European space. Breaking Arianespace monopoly. ft.com/content/1aa1e1… https://t.co/pu8g3fq0AD
RT @DuncanWeldon: I'd definitely file this under "interesting" rather than "accurate". But still… https://t.co/GnAjdXzFKI
"The US defence secretary said Britain might be more helpful as an ally if it did not focus on Asia, highlighting US concerns that forays by European allies into the Indo-Pacific could weaken defences closer to home.” Who'da thunk it! ft.com/content/7fb266… https://t.co/GezeUxX8pN
“China’s policy U-turn is tectonic,” said Richard Yetsenga, chief economist at ANZ. He said that the latest moves by Beijing to assert control over the country’s fast-growing tech sector had substantial implications for China’s slowing economic growth." ft.com/content/097879… https://t.co/amE0e5Dvoz
The "German civil war" of 1866 is one of the most dramatically underrated moments in the unification drama. A lecture on Bismarck and 1871 inaugurates the new Chartbook Video series. Sign up here: adamtooze.substack.com/p/chartbook-vi… https://t.co/OqfV9jRoUT
Why is Europe Less Unequal than the United States? Great data this from @thomas_blncht @amorygethin @lucas_chancel showing crucial importance of pre-tax divergence since 1980. cepr.org/event/why-euro… https://t.co/fbMnNsLib0
"Many in the tech industry are puzzled why so much UK gov attention has been focused on the future of a small wafer facility in South Wales rather than on ARM or multibillion-dollar sweetener needed to attract Intel to UK." ft.com/content/d8506c… https://t.co/Okar2Mc1K7
"More than 50 countries had embarked on weather control programs in 2017, according to the World Meteorological Organization & innovations such as drones have accelerated the pace.” Ethiopia launched its first rain-seeding experiment in April. asia.nikkei.com/Business/Scien… https://t.co/TpD57CA633
What if the US actually intensively regulated the most important financial market in the world? i.e. the US Treasury market. @GroupofThirty #g30 recommendations on Treasury market could really shake things up! https://t.co/owRN0e7xtG
Chartbook Video #1: Im adding a new “channel” to hook people up with talks/videos etc. Video #1 is a talk I did for Columbia alumni about the contingency of German unification in 1871. To get regular feed sign up here: adamtooze.substack.com/p/chartbook-vi… https://t.co/BIAE64G3NF
Note to self: check the way your screen may reflect in your glasses! Tim Geithner presenting the G30 paper on Treasury market reform. https://t.co/k3F1cbZe3d
China in Jan conducted a successful maiden flight of its first rain-making drone, Ganlin-1. Beijing aims to cover 5.5 m sq. kilometers, or 60% of the country's landmass, with its artificial precipitation program by 2025. What could possibly go wrong? asia.nikkei.com/Business/Scien… https://t.co/AqLaiCwP1f
RT @70sBachchan: 13/ Its up to ppl now to push House to $6 Trillion & get climate into infra bill. A "movement so awesome & fun that it can…
RT @70sBachchan: 16/ PSA for Deficit Hawks like Biden: STOP👏USING DEFICIT👏 FINANCING👏 THIS👏 WAY. You keep using that word. I do not think…
RT @UrbanFoxxxx: Japan's most famous bridge, Nihonbashi, Tokyo, the point from which all distances in the country are measured and the star…
"Shares in China’s troubled real estate giant Evergrande tumbled 12 per cent on Tuesday in Hong Kong after the group, which has almost Rmb2tn ($309bn) of liabilities, announced it would cancel a planned special dividend.” ft.com/content/f51812… https://t.co/6z4x3hora3
RT @rosharma08: @adam_tooze @NewStatesman Here it is by Vaclav Smil. “The first business deal signed after US President Nixon's visit to B…
PwC expects the world’s top 40 miners to record after-tax profits of $118bn in 2021, up 68% from the previous year. In contrast to previous cycles they are resisting temptation to invest in ambitious new projects and increase supply -> huge cash payout. ft.com/content/d9f382… https://t.co/YbQBU6ZMh9
"In the past five years, Facebook’s monthly active users in Asia have more than doubled to 1.2bn, compared with an increase of about 17% in North America to 259m.” -> In India, Indonesia, Vietnam the platform has engaged in compromises with censorship. ft.com/content/9e407d… https://t.co/4tjjesuYd8
In 1950 Chinese GDP per capita was probably behind that of India. By 1980 China was ahead and in key sectors like agriculture it had major advantage. Check out Chartbook Newsletter in the @NewStatesman and sign up for more here: adamtooze.substack.com/p/adam-toozes-… newstatesman.com/world/asia/202… https://t.co/DaEVi6OWjr
Crypto as an expression of petty bourgeois resentment against supposed elite inflationism and/or sense that those in power will do anything with public balance sheet to stabilize their own wealth and privilege, so the little guy needs protection too, isn't confined to the US! twitter.com/family_guy_arn…
"foreigners suspend disbelief to participate in the Chinese growth story … The ball is in the Chinese government’s court. The US is reacting to this but they’re not driving it.” Will the breakdown of Chimerica trigger a boom in European stock? ft.com/content/38ba7b… https://t.co/3o3e3duuS3
RT @TheStalwart: "By waiting to raise interest rates, by not overreacting to a likely, temporary burst of inflation, the Fed would push us…
Nothing to see here, just the "world’s biggest democracy" being subverted by deployment of spyware from “only democracy in the Middle East”. ft.com/content/dd4de6… https://t.co/q6mNtfWFmR
Under existing Buy American rules, 55% local content will do. White House wants to lift that mark to 60% and phase in further increases to 75% over the next eight years. risks unnerving international suppliers & raise tensions with Canada and in Europe ft.com/content/2be56c… https://t.co/uVLh5P3yA7
From the pages of @SubstackInc to @NewStatesman If you liked this analysis of the @WorldBank & the springboard for Chinese economic growth in the 1980s in NS, sign up here for more adamtooze.substack.com/p/adam-toozes-… https://t.co/bHe8HVRr6r
RT @Alex_J_Thiele: Der Schlussabsatz in @paulkrugman|s neuem Buch "Kampf den Zombies". Wunderbar 😀 @AchimTruger @SDullien @jsuedekum @nymoe…
Post-WWII Soviet economic recovery. Need a reading list? I definitely do. True twitter citizens @mark4harrison has got you covered, with outstanding reading list below. Thank you Mark! twitter.com/mark4harrison/…
"Until now, both Beijing and US investors, such as BlackRock and Fidelity, have been happy to gloss over the risks of the variable interest entities, with VIE-backed shares growing in value to about $2tn …” and then came rectification. ft.com/content/38ba7b… https://t.co/jCGH2f6Bf1
One of those exchanges you love twitter for! @fluids_guru has a kid with GREAT question about Soviet economic history. Asks me. I don’t know the answer. I ask @mark4harrison He sends us all a fantastic 5-part reading list! With links. Thank you Mark! twitter.com/mark4harrison/…
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