US restaurant reservations are recovering to new pandemic-era highs. & in NYC with vaccination rollout, momentum is all one way. Huge kudos to the staff and businesses that fought their way through this nightmare. thedailyshot.com/2021/03/26/4-o… https://t.co/5S0RqQvcZH
RT @Fdr1942: @adam_tooze Ultimately DTI <40% is the real constraint. And a good one…it happens to correlate to FICO
This staggering thread on the fate of two Royal Navy cruisers and their crew in 1942 will stop your day dead in its tracks. Great work @jerijerod14 twitter.com/jerijerod14/st…
Since the 2008 US mortgage crisis, all dynamism in US mortgage finance market has been confined to top 45% of American households with high credit scores. thedailyshot.com/2021/03/26/4-o… https://t.co/8mEVAUoFSb
@mheger78 @PhilippaSigl @Isabel_Schnabel @DanielaGabor Thank you. Yes reading through the entire speech that became clear.
Initial jobless applications in the US dropped to a pandemic-era low. BUT still massively elevated by historical standards. thedailyshot.com/2021/03/26/4-o… https://t.co/Juhra3YQep
@PhilippaSigl @mheger78 @Isabel_Schnabel @DanielaGabor Ok. …. Ive found the passage in the NYU fireside chat. But Im confused. @Isabel_Schnabel deemphasizes interest rates but instead wants to focus on “prices-the conditions”. How are interest rates not the flip-side of prices?
RT @KeineWunder: Die EZB blickt also auf den risikofreien Zins im Euroraum. Das sind nicht die Renditen von Bundesanleihen, weil Deutschlan…
@PhilippaSigl @Isabel_Schnabel @DanielaGabor Ok. …. Ive found the passage in the NYU fireside chat. But Im confused. @Isabel_Schnabel deemphasizes interest rates but instead wants to focus on “prices-the conditions”. How are interest rates not the flip-side of prices?
@PhilippaSigl @Isabel_Schnabel @DanielaGabor Wow …. That is very striking. Which speech/paper is that from? Gotta read that. If sovereigns are included (first) in financing conditions then yup …. Wow!
@DanielaGabor @mheger78 @PhilippaSigl @Isabel_Schnabel Cool … which later Abba Lerner should I read?
@mheger78 @PhilippaSigl @Isabel_Schnabel @DanielaGabor I think this is a moment of extreme cognitive dissonance in which de facto there is a victory for functional finance but there is a stonewall of denial that insists on continuity of motives. Revolution without revolutionaries. A revolution “In itself” v. “For itself”.
@tomodk @BJMbraun You are also speaking to the son of a 1st generation, working-class, grammar school, scholarship boy, born in Brum in 1938. So let's just say that the anger generated by the class system is not lost on me!
@tomodk @BJMbraun You missed out my FRS-dad and my university-educated great grandmother. Why is any of this surprising?
RT @b3ta: "The hills are alive, with the sound of jingoism" by HappyToast – just FP'd: ift.tt/3d6DCR1 https://t.co/QSWOtjUSXo
RT @jorge_guajardo: “On Thursday, ordering a car to an H&M store was impossible on Didi, the country’s largest ride-hailing app, which didn…
@PhilippaSigl @Isabel_Schnabel Hi @PhilippaSigl but @Isabel_Schnabel has been clear that this is NOT fiscal dominance. The financing conditions she alludes to here presumably are credit conditions generally and thus covered by price stability mandate @DanielaGabor
"Internet giant Tencent Holdings has removed two Burberry-designed “skins”, outfits worn by video game characters, from its popular title Honour of Kings on the grounds that the British fashion house refuses to buy cotton produced in the Xinjiang region” @SCMPNews https://t.co/P4VaMMbgeU
RT @COdendahl: One of the main EU and ECB-critics from the CSU, Peter Gauweiler (yes, that Gauweiler from the ECB court cases), was .. boug…
RT @AriaCallaghan: theyre actually doing it! ever given has been there so long that theyre actually going around the cape of good hope like…
@tedfertik @70sBachchan @MonaAli_NY_US @daschloz @LeusderListicle Continues through to the 1950s. important for all of Europe. Dollar-poor v sterling-rich.
RT @70sBachchan: "Warren Buffett’s Berkshire Hathaway is proposing an $8.3 billion plan to help Texas avoid a repeat of February’s blackout…
RT @70sBachchan: "We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business.” -Buf…
RT @70sBachchan: Warren Buffett who made billions hauling Coal in trains (BNSF) & Gas pipelines (Kinder Morgan) now all-in on massive expan…
RT @njtmulder: Compare that single digger excavating the ship to the Egyptian use of water pumps in 1973 to blast through the sand wall on…
RT @TiltingatM3: Excited to announce an upcoming panel for @DestinKJenkins new book, *The Bonds of Inequality,* cohosted by the Law, Letter…
The Marines as a collective "search for meaning". Remarkable! twitter.com/USMarineCorps/…
I don’t much like talking about Brexit but @b_judah made it interesting. Setting 2016 in historical perspective. twitter.com/b_judah/status…
RT @liamstack: The Suez Canal Authority has set video footage of the big boat blocking the canal to some sort of suspenseful action movie m…
Turning the tables on China This by @MESandbu on EU stance towards China is judicious and multi-faceted. Worth your time! ft.com/content/a6f36c… https://t.co/7R2j5Ohg2E
Methane emissions are a huge climate issue. Big national oil companies are big emitters. But range of no cost solutions is also huge. business.edf.org/files/Methane-… https://t.co/ngXfnG636y
"the SLR debate served as a crucial reminder that unprecedented monetary and fiscal support for the country during the pandemic isn’t without consequences” Totally d’accord with this from @BChappatta See Chartbook Newsletter #16 adamtooze.substack.com/p/chartbook-ne… bloomberg.com/opinion/articl… https://t.co/J3MPlS3TkG
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