ADAM TOOZE

RT @VatsRishap: "As many as 18 key govt ministries, led by the federal trade ministry, met last week to firm up steps first aimed at cuttin…

@RobinBrooksIIF Hi Robin my friend I think you mean "hard to overstate" … 😉

Priced for a soft landing. Junk bond spreads relative to Treasuries have fallen by more than 1% since start of the year. ft.com/content/15224b… https://t.co/7VpgoeMJJf

@michaelxpettis Hmmm? Michael couldnt you also increase the propensity to spend?

FT analysis suggests that the volumes of Russian crude being shipped on vessels identified as being part of the “ghost fleet” have surged from less than 3mn barrels in November to more than 9mn barrels (per month!) in January. ft.com/content/955389… https://t.co/aMJGV8nY32

RT @TAInitiative: 🤔 What happens when you mix #cryptocurrency and #taxhaven? The results are predictably not always pretty. @adam_tooze des…

RT @70sBachchan: 5/ "In the future we may look back on Manchin’s pivot in July 2022 as the moment at which the green capitalist coalition i…

RT @KGravas: @adam_tooze @Nouriel Perfect quote by Adam Tooze: “teleological view of currency systems”. Yet, instead of a bipolar monetary…

RT @martin4monks: @engineers_feed . @adam_tooze's Substack. So much content and insight for about three quid a month.

RT @BasuAshis: @adam_tooze @Crof @suhasinih Excellent piece @suhasinih ! “Presently, Adani Power is reportedly billing Bangladesh $400 pe…

RT @FareedZakaria: Today’s last look: Mahatma Gandhi was assassinated 75 years ago last Monday. Today, some are trying to assassinate his c…

This by @suhasinih on ramifications of Adani crisis for India's regional development projects in Bangladesh, Sri Lanka and elsewhere thehindu.com/news/national/… pairs well with adamtooze.substack.com/p/chartbook-19… and adamtooze.substack.com/p/chartbook-19…

Pakistan's foreign-exchange reserves have plunged by almost half in a month, to $3.1 billion. As @FaseehMangi highlights, the need for a stabilization program is getting pretty acute. washingtonpost.com/business/energ… https://t.co/KOSKYjnALt

I pledged a paid subscription to India Inside Out by Rohan Venkat. What a fantastically useful compilation of essential reading on contemporary India. rohanvenkat.substack.com/subscribe?r=1n…

Unrelenting record-breaking heat is expected to continue across parts of S America. Temperatures are forecast to reach the mid-to-high 30s celsius for Chile, Argentina, and Paraguay, with maximum temperatures possibly hitting 40C across northern Argentina. theguardian.com/environment/20… https://t.co/Hq4jfmnibF

When Financial Bubbles Are Hard to Pop @shuli_ren bloomberg.com/news/articles/… Pairs rather nicely with Chartbook #194 on the China's gamble in halting its real estate boom. adamtooze.substack.com/p/chartbook-19…

@matthew_pines @Nouriel Actually, I am not sure I agree.

@NathanpmYoung Dont think so. Net exports have been a marginal contributor of late. The big drivers are consumption, investment, public spending.

Consumption could account for the lion’s share of China’s growth in 2023, almost 80%, if government spending is included. This would be the highest share for more than two decades. economist.com/finance-and-ec… https://t.co/ZtYcgpZH4k

Consumption or investment? Where China's household spend their pent up bank deposits is a key issue for world economy. . China's bank deposits now exceed 120trn yuan ($18trn), over 100% of last year’s gdp, and 13trn yuan more than pre-pandemic trend line. economist.com/finance-and-ec… https://t.co/pX0WvypVyx

Anglo, which has invested more than $6bn in South Africa since 2018, formed a joint venture with EDF in 2022 to invest in renewable power projects as part of a limited liberalisation of energy supplies. Do we call this a corporate transition partnership? ft.com/content/9711a2…

@svaradarajan @SubstackInc thank you!

“The worse things get, the more necessary war will become” Strong piece from @TheEconomist on the resilience of Russia's war economy economist.com/europe/2023/02…

"It is also an anachronism that the US, whose share of global GDP has halved to 20% since WWII, still accounts for at least two-thirds of all so-called vehicle currency transactions." Perfect statement of teleological view of currency systems by @Nouriel ft.com/content/e03d27…

43% of all homes in China were built after 2010! Staggering #s from Rogoff & Yang ideas.repec.org/p/nbr/nberwo/3… Inform Chartbook #194 on Beijing's real estate nightmares. adamtooze.substack.com/p/chartbook-19… https://t.co/erYHiLNctq

Not everyone is heading for the exit: Citadel LLC is seeking to tap into the Chinese mainland, home to one of the world’s largest capital markets, through the Qualified Foreign Institutional Investor (QFII) program. caixinglobal.com/2023-02-06/us-…

RT @Hibakarm: The Midanki Lake dam in Afrin, northern Syria, has cracked. If the international community does not intervene and send commit…

Useful reminder from @BachmannRudi of how far tropes now deemed "far right wing" were mainstream in German society in the 1980s. twitter.com/BachmannRudi/s…

RT @DumoulinME: Au Bélarus, la science politique est passible de 12 ans de prison. Tatiana Kouzina n'est qu'une des centaines de prisonnier…

RT @GERonOstpolitik: Since 2020, the authorities in Belarus wrongly arrested thousands. Over 1000 political prisoners – real people – are s…

RT @byzantinologue: Antakya and the surrounding region has been devastated by the earthquake beyond the imagination. And yet, not an item i…

Real estate and construction have played a larger role in Chiense economy over last decade than in Spain at peak pre 2008. Check out Chartbook #194 on scale of Beijing's real estate challenge. adamtooze.substack.com/p/chartbook-19… https://t.co/paF17WYQR3

RT @YanQinyq: Residents in the Hebei villages pay 2.68 to 3 yuan/cubic meter for gas consumption Total costs for one winter season is ~300…

How will China react to the mounting financial pressure on Egypt? Meaty this by @jnmKenya in @SCMPNews scmp.com/news/china/dip… https://t.co/VB4wgfTD0x

RT @TonyVolpon: Excelente comentário de ⁦@adam_tooze⁩ sobre os desafios da economia chinesa, seu setor imobiliário, e pq a reabertura pós-C…

RT @jfelixcardoso: Today’s impressive stat, stolen from @adam_tooze’s Chartbook: 43% of Chinese homes were built since 2010 https://t.co/D…