The Fed, as part of QE, has bought $480bn of mortgage-backed securities in the past year. BofA ain’t that far behind, with $360bn – > Fed has recruited B of A to nearly double the market impact of its mortgage-buying operation. ft.com/content/41a105… https://t.co/LXudcdsJYC
Clean Living Under Difficult Circumstances: Looking for a smart leftie podcast? I strongly recommend some of the stuff on @poltheoryother by @alexdoherty7 soundcloud.com/poltheoryother Really enjoyed the @owenhatherley retrospective on Uk blogging scene, cultural critique etc. https://t.co/8Rqs51rucc
RT @ipeltonen: ”Paris handed the problem off to Brussels. That is a well-tried practice in European politics. The problem is that Brussels…
Investors are turning bullish on the dollar. NOT good news for EM. Another aspect of a potential squeeze as prospect of Fed tightening begins to be factored in by financial markets. Nice explainer by @TomStub ft.com/content/206c2e… https://t.co/iTFeImNnSO
Essential paper on Gilet Jaunes by @AgoraEW @P_Graichen @m_gagnebin T. Lenck foresaw the way in which highly specific experience might be misused in political argument and pushed back. Chartbook #27 takes up their message adamtooze.substack.com/p/chartbook-ne… static.agora-energiewende.de/fileadmin/Proj… https://t.co/YHP0MNrEnw
Macron’s political problem is to build a coalition that spans green urban elites and rural France, which is being geed up by anti-wind campaigners -> how long can he continue to say nothing about France’s nuclear fleet and estimated 49bn euro inv? ft.com/content/137841… https://t.co/RHjbjAqjLR
@m_gagnebin Building on your fantastic paper, for which very grateful. You and your coauthors foresaw precisely the scenario we are now facing.
RT @m_gagnebin: A #CarbonTax does not create #inequalities. If one's interested in reducing them (we should be), there is a number of adequ…
"Shares in highly indebted developer China Evergrande dropped following a court order freezing $20m in bank deposits of one of its divisions, raising new concerns". In “China financial crisis”-horror-scenarios Evergrande is a key domino. health.”ft.com/content/032a85… https://t.co/2dfq59Eojg
Been asked to write a hit piece on the EU’s climate package? @Sustainable2050 gives you the tongue in cheek formula. Chartbook #27 adds the Gilets Jaunes piece .. dont forget the pitchforks! Do forget the 72bn*2 Social Climate Fund. adamtooze.substack.com/p/chartbook-ne… twitter.com/Sustainable205…
RT @Sustainable2050: Did your news outlet ask you to write a hit piece against the EU’s #Fitfor55 climate action plan? You can do it! My th…
RT @hangingnoodles: odd how its dire if policy "adds 6-7 cents to the price…of petrol" nobody bats an eyelid when it fluctuates far more…
In policy debate “lessons from history” often = boogeymen. We can free space for rational deliberation by critically examining the history. Chartbook #14 deals with "bond vigilantes. adamtooze.substack.com/p/chartbook-ne… Chartbook #27 deals with GiletJaunes adamtooze.substack.com/p/chartbook-ne… Sign up! https://t.co/L3BR2Ad3ZC
@policytensor @alexpghayes @contextproblem @70sBachchan @genbould @BenignBrodwicz @tmuzergues @DSMarkovits @mlamont6 @PikettyLeMonde @ericadamsfornyc Thanks it really is.
"China’s digital economy surges in 2020 amid pandemic, making up 38.6 % of country’s GDP in 2020.” CAICT estimate. Really took me by surprise! Very broad definition? Brings out STRATEGIC implications of microchip struggle. scmp.com/tech/policy/ar… https://t.co/ySTSZ7lsxS
Will the Dems back Powell for a 2nd term at the Fed? Interesting piece this by @JamesPoliti @colbyLsmith Interesting also for what it does not mention, at least directly, CLIMATE. Folded into infrastructure. Ok. But striking difference to EU scene! ft.com/content/33ee0f… https://t.co/kkpFIftfFE
“as China's old economy of commodities/ manufacturing has become mired in debt and decay, China’s boom has been sustained by tech sector. Over past decade, digital economy’s share of China’s GDP has quadrupled to 40%.” Make sense @michaelxpettis ? ft.com/content/e8fc84… https://t.co/Mv1urINUyj
RT @NDuvoux: "The lesson of the Gilet Jaunes crisis is not that carbon pricing is impossible, but that it has to be done with an awareness…
RT @azraisakovic: #GiletsJaunes/ Un spectre qui hante l'#Europe🇪🇺 – Leur fantôme rôde dans les couloirs du pouvoir Leur retour a été provoq…
RT @jordanschnyc: funny when you put it this way @adam_tooze theconversation.com/chinas-leaders… Comparison with USSR and based on estimates of GDP i…
Gilet Jaunes taught everyone the need for a just transition -> EU proposes 144bn Euro social fund to offset ETS expansion. Enough? No! Chorus of opposition summoning Gilet Jaunes boogeyman. Chartbook Newsletter #27 on false memory and climate politics: adamtooze.substack.com/p/chartbook-ne… https://t.co/7Y4HONfuMl
RT @3eintelligence: Excellent analysis @adam_tooze of the social issues of the EU’s #Fitfor55 package – « adamtooze.substack.com/p/chartbook-ne… – how som…
RT @duncanrobinson: Interesting stuff from @adam_tooze. Given the backlash from member states, who will water down the proposals, there was…
Ireland as Britain’s Cuba! Some choice 1970s paranoia. Just in case you were wondering, The Monday Club is a Tory organization. twitter.com/JoseJuMarti/st…
@policytensor @genbould @BenignBrodwicz @tmuzergues @mlamont6 @DSMarkovits Well thanks 🙁 I would prefer to describe it as conceptual agnosticism. I can see the attraction of a diagram like yours. It formalizes basic set of ideas we all carry around in our heads. See no reason to object to it, but also not sure how much work it really does.
@policytensor @genbould @BenignBrodwicz @tmuzergues Ok. Well I did gather that much. But if it is his book you are referring too I didn’t see more than a few lines in there on the crisis in France in 2018/9 and I didn’t find them very illuminating tbh. I will check out your post.
Those three windows on the 1st floor … best office I am ever going to have the privilege of working in! Jesus College Cambridge early summer. Memory triggered by the 200-year-old Wisteria tree from Japan. Those plants are staggering. https://t.co/LbOs75v3oH
@AnneMarieV254 @policytensor @BenignBrodwicz Sure. But, as you say, they built it. There is some really robust commitment to the ETS market. Without any illusions we should make the best of it.
Folks who react to EU Commission’s Fit for 55 climate package by invoking specter of Gilets Jaunes are engaged in boogeyman politics. Chartbook #27 on the actual triggers of the 2018-9 protests. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/QVLC334K2z
@maxkrahe @irl_neil @LeusderListicle For real? Any chance you might be willing to share who was editing your piece. Because I really think it is quite a critical issue. I know folks are into the intellectual challenge of the calculation debate etc 😉 @DanielaGabor but politically it is a KILLER!
We used to think this @spiegelonline cover from 1986 of Cologne cathedral under water was alarmist, now you might even call it prescient. twitter.com/The_Daggett/st…
@AnneMarieV254 @policytensor @BenignBrodwicz Agreed. Question is, since we have got it, whether it can be turned into something else.
@policytensor @genbould @BenignBrodwicz @tmuzergues I actually just did check it out and need some help understanding why it changes the game. But am a bit distracted by something else right now. Have you already written a post about this?
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.