ADAM TOOZE

“We do not . . . set a level of quantitative easing and asset purchases in any way related to what the government is going to borrow.” Andrew Bailey @bankofengland So … this graph is a coincidence? Or the result of a third factor? ft.com/content/f92b6c… https://t.co/TCoZibdAPU

RT @MadameGilflurt: You want sleeves? She’s got sleeves for days! Pingat, c.1885-1890. #frockingFabulous https://t.co/sQtVOkbLNc

RT @DaveKeating: North Rhine-Westphalia Premier Armin Laschet has won the election to become head of the CDU, making him the most likely su…

RT @BeschlossDC: Restore Jimmy Carter’s solar panels to roof of West Wing.

Italy boasts three-times the vaccination rate of France and a 60% greater rate than Germany (though German data is one day behind). twitter.com/MSchularick/st…

EU/ECB’s lowflation problem is far worse than that of the US/Fed. BUT even US bond markets have never worried about more than 2.5% inflation in last decade. A 1970s-style wage-price dynamic, this aint! @Gavekal @RobinBrooksIIF https://t.co/LASyFM41pl

2020 left the metabolism of global trade in complete chaos. Surge in Chinese exports -> remarkable spike in container shipping prices. @JeffWeniger @SoberLook https://t.co/kqvFYO2jSd

China’s share of German exports surged from 1 to almost 8 percent over last 25 years = critical factor in Berlin’s China policy. @FT via @SoberLook https://t.co/MKcpfB2V9z

You have to focus on America’s non-petroleum trade balance to see the true scale of the current deficit. @SoberLook https://t.co/RA4FbxGqvs

330 million Americans 40 million firearms background checks in 2020 @jeffsparshott via @SoberLook https://t.co/laFXatMqWH

Never, in the last decade, has there been more money riding on a declining dollar. @ISABELNET_SA via @SoberLook https://t.co/xI9kKfl33k

The discrepancy in belief in science btw left and right wing of politics across much of the world is extraordinarily pronounced and very consequential! @DeutscheBank via @SoberLook https://t.co/lpVxE5iMut

UK is dealing with Brexit shambles, a raging pandemic, government deficit blown out … and, nevertheless, all the best research tells you that UK gilts are a big buying opportunity! E.g @Gavekal https://t.co/bMal4xFIlN

India’s 7.7% GDP contraction is the worst since independence. bloomberg.com/news/articles/… https://t.co/7OiLhqjMOj

Expected revenues from rollout of Covid vaccines run into tens of billions of dollars. wsj.com/graphics/covid… https://t.co/L8eCNeQntb

RT @alfie_stirling: NEW @ONS GDP data for November out today, so have updated that chart again. Important to remember just how unprecedent…

RT @Public_Citizen: This is unreal. Strictly forbidden from using any of the half-dozen bathrooms inside Jared and Ivanka's house, the Sec…

RT @TheStalwart: Here's a wild thing that @WillyShih_atHBS talked about on our latest episode about chips. The insane yield math of semico…

Price of UK fish for export (most of it is) plunges by as much as 80% as it is unclear whether it can clear Brexit paperwork in time to make market in Europe. independent.co.uk/news/business/… https://t.co/P356blz21Z

RT @hshierholz: The 1.2 million who applied for UI last week was an increase of 304,000 from the prior week. The increase was due in part t…

RT @hshierholz: Another 1.2 million people applied for UI last week, including 965,000 who applied for regular state UI and 284,000 who app…

RT @jeannasmialek: This is quite the stat, from Brainard: "Federal Reserve staff analysis indicates that unemployment is likely above 20 pe…

@JoMicheII Precisely what I meant. Just ran out of characters. Quite the rearguard action they are mounting here.

RT @RealTimeWWII: The first cracks have appeared in the siege of Leningrad: Red Army troops from within the city embrace fellow Soviet sold…

RT @RajaKorman: I’ve been trying to do my bit but the European historical term both most necessary and most lacking in US political discour…

Cant wait for @EdwardGLuce in full Tarantino mode … twitter.com/EdwardGLuce/st…

“Consensus was wrong after 2008 financial crisis, when many organisations — including this newspaper — advocated fiscal retrenchment. Facts have changed and economists have changed their minds.” KUDOS. BUT talk of “facts”/Consensus is still evasive. ft.com/content/7b6242… https://t.co/RSBeyTl71E

RT @Aidan_Regan: “That consensus can be wrong was on display after the 2008 financial crisis, when many organisations — including this news…

"procédure de destitution” = impeachment. Hard not to love French! twitter.com/lemondefr/stat…

How much more stimulus to expect in 2021? @GoldmanSachs thinks it could be $750bn. Low side surely! thedailyshot.com/2021/01/07/pol… https://t.co/MsDsr468cH

Ireland was borrowing at negative rates already in 2019. It is now deep in negative yield. @SoberLook https://t.co/W2neFnwcUy

RT @ReedReports: Just walked into the Capitol to find literally hundreds of troops napping and lining up in the Congressional Visitor Cente…

RT @munson_jo: Pelosi said her young staffers knew to barricade the door, turn out the lights, and be silent, because they learned it in sc…

RT @DanielaGabor: this pandemic offered a powerful reminder that Eastern European migrant workers are ruthlessly exploited on Western Europ…

RT @erinschaff: Inside the Capitol this morning where Speaker Pelosi usually walks to her office. https://t.co/BQIEf5b2s4

RT @jnordvig: We have a new substack out, on the bond market mayhem of March 2020. While it is a while ago now, it is relevant again as the…