ADAM TOOZE

Since 2000 there has been a tripling in the average weight of the ships inching their way through the Suez Canal. Fascinating this by @davidpilling ft.com/content/87cb46… https://t.co/DUlqQDQulQ

@JUSTUSnatuhwera @StatistaCharts @SoberLook Ill track it down. Thank you.

And presumably the financial sector itself is in worse shape? Or its weaknesses have been more starkly exposed? twitter.com/MilanV/status/…

@JUSTUSnatuhwera @StatistaCharts @SoberLook Wow. That’s a fascinating angle. Haven’t seen coffee/tea/Suez discussed so far in Western media. Is there anything I can read?

Suez was once fundamental to the global oil market. Still important but not critical. @StatistaCharts via @SoberLook https://t.co/yNlziH91uQ

RT @fatma_karume: Following the Comptroller and Auditor General’s Report, Rais Samia Suluhu has used her first speech to set the tone of he…

@NathalieTocci @ykomska Hi Nathalie (if I may). Do you know when these data are from?

Should we worry about the taperless tantrum? Or the froth blowing off the S&P500? VERY sensible this from @TheEconomist Buttonwood as far as US is concerned. But no mention of possible EM fallout that worries @RobinBrooksIIF et al economist.com/finance-and-ec… https://t.co/VCnaW98nbq

RT @ScheerTamara: pretty sure that is of interest for the twitter crowd 🙂 among speakers @philipp_ther @adam_tooze Claudia Kraft , Lar…

A carbon tax as low as $25 per ton would likely have a major impact on Asia’s CO2 emissions. $75 would be a game changer. blogs.imf.org/2021/03/25/asi… https://t.co/XgV06V32aO

@JUSTUSnatuhwera @TheEconomist Totally agree with you. Its still an interesting piece.

This is a very useful explainer on the debate about inflation expectations in the US from @TheEconomist except that it barely mentions that only a few months ago everyone’s was so worried about lowflation that Fed shifted to average inflation targeting. economist.com/finance-and-ec… https://t.co/qxlYN5ZMbB

Given the scale of the correction in the Shanghai Shenzhen index the surprising thing is how little attention it is attracting. thedailyshot.com/2021/03/26/4-o… https://t.co/fCYRjbrfzl

@TheStalwart Surely there is a contract for this. Everyone is hedged. Nothing is “actually" happening here at all.

@RDalek99 In China it is all HUGE churn. Level of industrialization in employment terms was already very high by late 1970s. Then they restructure and grow extensively with vast migration from countryside to both service and manufacturing industries.

Love this inflation expectations graphic by @satillus economist.com/finance-and-ec… https://t.co/nbbiZBhz5r

The ascent of the dollar btw 2014 and 2017, on Yellen’s watch, continues to define its position in the global currency system today. fred.stlouisfed.org/series/DTWEXBGS https://t.co/X3au2H0hyh

Growth of EZ capital stock has been much slower since 2008 but the discontinuity is less extreme if you focus on machinery and IP rather than dwellings/buildings. @ecb via @SoberLook thedailyshot.com/2021/03/26/4-o… https://t.co/ISCq51a8JF

@mackaymiller Whether to take them at their word or not? In a sense, as the world’s leading management consultants, they define the trade off. Their speech is performative.

RT @ConStelz: Ach, Bristol: Bin 20 Jahre lang bei jedem Elternbesuch da abgestiegen. Es war wie eine Zeitreise in die 70er, einige der Kell…

Decline in manufacturing share in employment is common to all advanced economies since 1973. UK’s experience is the most radical. cato.org/publications/p… https://t.co/eqrCDfvSYk

A large swathe of the Mountain West of America has been afflicted by drought for nearly a year economist.com/graphic-detail… https://t.co/RgzTIl9Bj1

Rwanda’s economic growth, if you believe the numbers, is remarkable. But at what price? economist.com/graphic-detail… https://t.co/IDdPgLsvBw

A wrinkle in general optimism about Biden stimulus impact on world economy. It is good for Advanced economies. BUT if it leads to $ appreciation it could squeeze some EM that invoice in dollars quite hard. bloomberg.com/news/articles/… https://t.co/MjepdTZjoP

Chinese exports both to US and rest of the world (which accounts for 80% of Chinese exports) are rising to record levels. bloomberg.com/news/articles/… https://t.co/F5NdEWLD1D

Asian export surplus countries have combined foreign exchange reserves of close to $7 trillion! economist.com/graphic-detail… https://t.co/NGz6DcNEKS

At $86.7 bn the US trade deficit hit a new record. bloomberg.com/news/articles/… https://t.co/SleFlvydI2

@retepelyod @OECD @LauBooneEco @markkuilmari Thank you for this clarification! On category of “general government interest expenses/payments” the @OECD and BEA agree to within a tenth of one percent. 4% of GDP H/t @markkuilmari https://t.co/HYO6UAZHAU

How the big ag lobby in Brussels is fighting back against the Green Deal. Fascinating this on power structures of EU by @HansWetzels @openDemocracy @4lowthemoney opendemocracy.net/en/oureconomy/… https://t.co/dIbHbnej1O

RT @TheStalwart: Really enjoyed having Marc Levinson on WDYM yesterday to talk about big ships twitter.com/bloombergtv/st…

Just 3% of Harvard Business School grads in 2020 opted for careers in investment banking v. 12% in 2006! twitter.com/CAVandy/status…

China has virtually no cases of COVID but on March 15 it announced a new vaccine strategy and on March 24 hit 3 m doses administered per day. @Gavekal https://t.co/CGVJxvR1XG

@retepelyod @OECD @LauBooneEco @markkuilmari For me the puzzle is that the discrepancy is so large – several percentage points of GDP. Some more basic conceptual/classificatory issue must be at stake I figure.

RT @gilliantett: And another amazing stat from the eagle-eyed @adam_tooze So much for free market forces in the capital markets.. https://t…

German Greens: gotta love a party manifesto that weighs up carbon pricing/just transition and plumps for 60 Euro by 2023 rising in conjunction with subsidies and regulative interventions to hit -70% carbon targets by 2030. Bravo @Jmhaas @boell_intpol cms.gruene.de/uploads/docume… https://t.co/E0dYmmeQMu

In light of many obstacles facing national climate policy in US, worth remembering that subnational actors with significant climate commitments (e.g states, cities, businesses) represent roughly 70% of U.S. GDP = world’s 2nd largest economy i.e. China. brookings.edu/research/us-ac… https://t.co/RzqsFk5hkU