And here the answer to @michaelxpettis on the balance of Chinese economic policy in 2020 from the essential @S_Rabinovitch twitter.com/S_Rabinovitch/…
This is fascinating. Snooker Masters final as a moment of world historic transition btw working class British history of game and new globalized sport driven by growth in provincial China. @TheBishF1 very perceptive as always. twitter.com/TheBishF1/stat…
Powerful thread this by @michaelxpettis unpicking the Chinese growth story in 2020. twitter.com/michaelxpettis…
RT @paulkrugman: Thread. The rush to austerity in 2010 was NOT policymakers responding to the best available analysis. Standard macroeconom…
RT @sjwrenlewis: Mixed emotions about the FT mea culpa. ft.com/content/7b6242… “That consensus can be wrong was on display after the 2008…
RT @militaryhistori: Many bones were retrieved for Victorian gardens. Bizarrely 'Waterloo bonemeal' was highly prized by gardeners to the p…
The share of UK government debt held by the @bankofengland is now higher than at any point in its 300-year history. But, Haldane, insists, it is not a case of "fiscal dominance" but "fiscal assistance" in action. bankofengland.co.uk/-/media/boe/fi… https://t.co/W28av6KmT8
The fruits of @bankofengland independent according to Andy Haldane: UK inflation expectations have remained anchored since early 2000s. One for @SoberLook bankofengland.co.uk/-/media/boe/fi… https://t.co/1LKVyPJxis
The Fed’s interventions in 2020 are without precedent and they continued, though on a slightly more modest scale, all year. @Gavekal https://t.co/pIDmYBNJFI
RT @CeciliaRikap: "Rather than overturning the dollar-based global financial system, the 2008 crisis exposed a profound dependence on Ameri…
RT @dolarizacionEc: Adam Tooze @adam_tooze, historador económico de la Universidad de Columbia: la pandemia del Covid19 ha terminado para s…
In 1900 there were 18 central banks in the world and 77 independent states. By 2000 that had grown to 200 state with almost as many central banks and 80-90% of them independent. bankofengland.co.uk/-/media/boe/fi… https://t.co/bc6FtVlasE
As vaccines arrive, "as US consumers let rip” with piled up net worth "businesses will scramble to rebuild inventories, which after months of supply chain disruptions are looking severely depleted.” -> there are makings of a restocking boom. research.gavekal.com/article/first-… https://t.co/mnZiu5vLWa
Brutalism (derived, after all from the French béton brut, or “raw concrete”) ft.com/content/56088f… https://t.co/4fDwvpxomo
"It is customary in polite society to discuss options in the language of insurance. The price of an option is known as a premium, for instance.” But their natural habitat is bucket-shop stock betting and it has been on a rampage in 2020. economist.com/finance-and-ec… https://t.co/cfHJqGaJBH
If @OECDeconomy weekly data are to be believed a large gap is opening up btw US and European economies over winter of 2020-21. Europeans 10% down. US not. economist.com/finance-and-ec… https://t.co/Q9WBLSK1Hu
"London’s Southbank Centre — designed in the late 1960s by the architects of the Greater London Council, then the biggest practice in the world “ @edwinheathcote Pause to consider that for a second. London’s GLC had larges architectural practice in world! ft.com/content/56088f… https://t.co/2nNs519RHn
"Mozambique’s indecision on how to tackle an Islamist militant insurgency in its gas-rich Cabo Delgado province is risking $56 bn in potential LNG investment, its economic future and regional stability." Oh and 2700 are dead and 570k displaced. bloomberg.com/news/newslette… https://t.co/ecI8zZdFtd
"If space junk is disposed of by simply pushing it back towards earth randomly, probability of a human casualty would now exceed threshold of one in 10,000 that NASA, America’s space agency, set as an acceptable level of risk in 1995” Just so you know! economist.com/science-and-te… https://t.co/nFk6O1Wy4y
By 2060, 40% of Japanese could be 60 or older economist.com/graphic-detail… https://t.co/SBpxlEq8gD
The history of global dollar dominance is a history of crisis. I did a new piece for @ForeignPolicy foreignpolicy.com/2021/01/15/ris… https://t.co/3xCNB0oMVG
Gorbachev: this is one of those freewheeling pieces that @TheEconomist occasionally publishes where a writer stretches their legs and … its great! economist.com/books-and-arts… https://t.co/BtetGfZkst
Whilst 2020 brought misery and dislocation for tens of millions of Americans, thank to boom in asset prices those with stake in stock market and real estate saw a $12.5trn increase in net worth = largest ever recorded. Totally unlike 2008. @Gavekal https://t.co/SXap6fxIGq
"the $2.9 trillion Biden stimulus proposal may boost the US economy, but it will be a disaster for the increasingly fragile stock and bond markets. Here’s why, and what you should do about it.” @Lee_Adler How common is this kind of view in the market? liquiditytrader.com/# https://t.co/wPDLR6rtsB
US Treasury has almost $8 trn in repayments to make in 2021. @LukeGromen via @Gavekal research.gavekal.com/article/first-… https://t.co/0YaGuFNO3G
December 2020 saw 8th largest expansion in the Fed’s balance sheet on record. with (i) US equity markets at all-time highs, (ii) valuations dizzying (iii) bubbles in crypto, Tesla, SPACs (iv) commodities at 5 year highs (v) inflation expectations were moving above 2%. @Gavekal https://t.co/6CUVYHm3S7
In defense of brutalism: The demolition of Birmingham’s Central Library with its ‘striking inverted ziggurat’, 2016 © Alamy Stock Photo Excellent long read by @edwinheathcote ft.com/content/56088f… https://t.co/SvxHey7Dkc
Very informative this on Xi’s latest round of climate ambition announcements. twitter.com/LiShuo_GP/stat…
Not every day you read something in your thread from someone who played Aaron Donald in high school! twitter.com/thtshit__Creig…
RT @tedfertik: @adam_tooze @abigailkret @70sBachchan @njtmulder @policytensor @DanielaGabor May I just indulge myself for a moment and post…
RT @CBSNews: Social scientist @alondra — Biden’s deputy science policy chief — says COVID-19 has “held up a mirror" to society: “Never befo…
RT @holtzman_b: My book, The Long Crisis: New York City and the Path to Neoliberalism, comes out next month! Thanks to everyone who helped…
@abigailkret @tedfertik @70sBachchan @njtmulder @policytensor And who is writing imaginative papers for the United Nations Commission for Africa but PIMCO! @DanielaGabor It is a big part of the debate this year about debt suspension/restructuring. Like a rerun at the global level of Greece!
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.