The Wolf Warrior response to the G7 … apparently. H/t @niubi https://t.co/BGGBnV6biQ
The Wolf Warrior response to the G7 … apparently. H/t @niubi https://t.co/BGGBnV6biQ
Money market funds flooded with vast quantities of cash -> spills over into reverse repo at the Fed. Collapsing profit margins puts functioning of MMF in question, which normally play key role in repo market. @colbyLsmith @michaellachlan get into plumbing! ft.com/content/1c3ec4… https://t.co/QCPxfh9cSc
RT @SDullien: @adam_tooze @IMKFlash @schieritz Here comes the link to the original study at the @IMKFlash website (in German only): https…
RT @HansGruener: It is hard to imagine that someone capable of writing such a wonderful textbook could have done anything that makes him de…
RT @AlexMasPton: Normally I would not be posting personal developments on this website, but in this case I have a pressing concern. My dad,…
RT @LukeGromen: US government’s debt position desperately needs inflation to NOT be transitory, but also desperately needs the bond market…
As @RobinBrooksIIF and @Brad_Setser like to remark, one of the defining feature of the world economy right now is that foreigners are no longer major net purchasers of US sovereign debt. They hold their stocks but dont add to them much. twitter.com/RobinBrooksIIF…
I didnt know that China's rail line to Europe was driven in part by Bo Xilai's rivalry with Xi! twitter.com/nicolas_veron/…
Rethinking the German debt brake. @BachmannRudi making a suggestion that runs along lines we have seen from @ojblanchard1 @pisaniferry twitter.com/ArashMV/status…
“Trust leadership” – PwC will increase global headcount by 100k after expanding 25% to 284k in past 5 years. $12bn investment in recruitment, training, technology to address booming ESG market. Talk about climate capital and means of accounting! ft.com/content/b79e4c… https://t.co/bonNFrwVxB
Inflation, what inflation? as @PeterBofinger points out, if you perform the simple exercise of removing energy prices, German inflation has no trend and sits around 1.5%. No cause for Angst! twitter.com/PeterBofinger/…
At presser Merkel’s corrects the impression that European members of NATO had agreed to comprehensive turn v. China. politico.eu/newsletter/bru… https://t.co/cKhBkdIj5m
Great initiative this: the smart folks at @DezernatZ are debating and critiquing the fiscal/economic policy programs of the various parties in Germany's election. twitter.com/maxkrahe/statu…
RT @fwred: 🇬🇷 Marketable debt securities represent only 20% of Greek public debt but still, the suppression of the redenomination premium h…
RT @heimbergecon: This 2013 paper by @pdegrauwe and Yuemei Ji on why it is so important that the ECB backstops government bond markets to a…
Fractures in the conservative Hanse-League front: Klaas Knot of the Dutch central bank argues for "structurally larger role for fiscal policy"! twitter.com/heimbergecon/s…
This is fair from @wolf_reuter As large as the German @Die_Gruenen 500bn Euro investment program is, it is no more than Biden-sized i.e. a good start but nowhere near enough for energy transition or full upgrade of infrastructure -> implies need to mobilize private capital. twitter.com/wolf_reuter/st…
German greens are promising a ten-year 500 bn Euro investment program for Germany. @IMKFlash has run the numbers and shows a 1.363 trillion euro boost to GDP and debt to GDP level by 2050 the same as baseline. @schieritz zeit.de/wirtschaft/202… https://t.co/TTMgsECKOA
RT @duandang: USS Ronald Reagan aircraft carrier spotted sailing in the South China Sea on June 15. https://t.co/ARmt2EKdPr
Its not rocket science: if you raise the CO2 price you need to pay out a progressive carbon dividend to offset regressive effects. Germany's CDU proposal to increase tax relief for commuters is inadequate and regressive. Election is exposing limits of green consensus in Germany. twitter.com/J_E_Thie/statu…
RT @smotus: Correlation of Biden vote share and adult Covid vaccination rate is now at .847. (CDC data) https://t.co/J2hQHKYUIH
There is at least one French beneficiary of Britain's post-Brexit-take-back-control trade deal with Australia, the French owners of "Australian" Jacob's Creek winery! twitter.com/maryellenfield…
RT @BJMbraun: Collective response to the appallingly bad-faith Schäuble piece. Full rebuttal in tireless @Frank_vanlerven’s thread below.…
RT @Frank_vanlerven: Mr. @Wolf_Schauble makes the shocking claim that public borrowing exacerbates inequality🤬. Regressive taxes + deep sp…
Come September it is really crucial that @Die_Gruenen take a strong line on fiscal policy in the coalition negotiations. Delighted to hear Robert Habeck so strong on this and so engaged in thinking imaginatively about how to communicate progressive fiscal policy to German voters twitter.com/boell_stiftung…
Given concerns about state of democracy in UK and US it is easy to underestimate scale of dissatisfaction also in Germany over issue of lobbies and their influence on Merkel's grand coalition. 62% of Germans think decisions are driven by lobbies. twitter.com/sven_giegold/s…
Rolls-Royce's 'Spirit of Innovation' aircraft aims to exceed 480kph to break the speed record for electric-powered flight. Remind you of anything? thenationalnews.com/business/aviat… https://t.co/LAUwjmeOk1
The 500bn euro investment program of the German Greens is in the ballpark of the Biden program and would deliver a considerable growth boost both to German and European economy. twitter.com/zeitonline/sta…
RT @zeitonline: Das 500 Milliarden schwere Investitionsprogramm der Grünen verspricht einen spürbaren Wachstumsschub für die deutsche Wirts…
RT @Frank_vanlerven: 🗞️New🗞️: "It’s time Europe stopped fetishising fiscal discipline" Letter to @FT from 142 leading mainstream + heterod…
RT @Jmhaas: Bin sehr gespannt auf ihre Antwort, @ArminLaschet . Wie wollen Sie die Klimaziele erreichen? Setzen Sie auf den CO2-Preis wie d…
RT @boell_stiftung: „Es ist wunderbar zu hören, dass die @Die_Gruenen dafür eintreten die Schuldenbremse in Richtung #Investitionen zu öffn…
His portrayal of Dick Turpin has haunted my dreams …. 🙂 twitter.com/PulpLibrarian/…
Heat pumps are generally considered a key to energy transition in domestic heating. Scandinavia leads the way. Germany barely on the map. Huge need for action from new government in Berlin. twitter.com/EnergieWinde/s…
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