December 22, 2020
RT @BillKristol: 1. This thread is based on recent conversations with people whose information and judgment I trust, who in turn have spoke…
RT @BillKristol: 1. This thread is based on recent conversations with people whose information and judgment I trust, who in turn have spoke…
RT @Mark_Stryker: 1 A Twitter discussion yesterday led me to pull 5/29/69 issue of Downbeat off my shelf. A random issue, 51 yrs ago, & you…
Brazil’s tariffs are high even by the standards of EM and, as the recent example of toy tariffs demonstrates, well defended by lobbies. read.oecd-ilibrary.org/economics/oecd… See this story by @bryanhimself for @FT ft.com/content/34e7b7… https://t.co/Qop1hUTjUr
Well that didn’t take long! Jake Sullivan of Biden team voices concern over EU-China investment deal. Incoming US administration worried pact does not do enough to combat forced labour. EU China hawks like @bueti (Green) applaud. ft.com/content/2f0212… https://t.co/flB3Bz8P2w
The governments of Brazil’s workers party combined with a period of sustained economic growth to produce a striking fall in inequality. That stopped in 2015 and reversed until the emergency measures of this year. What will 2021 bring? @OECDeconomy report read.oecd-ilibrary.org/economics/oecd… https://t.co/1FcyYx2qlh
"it would go down like a shot dog.” The view of Senate Majority whip John Thune S Dakota on the idea of throwing out the US election result on 6 Jan when the votes are recorded. You can’t make this up … bloomberg.com/opinion/articl… https://t.co/n2u55e6zCN
Brazil’s is the kind of welfare state which spends almost half of all social transfers on the TOP (sic) quintile of the population. I assume this @OECDeconomy data is from before 2020. read.oecd-ilibrary.org/economics/oecd… https://t.co/xgm0A2sr1x
Edwin Lutyens, 1935. This blog about British Art Deco painter Meredith Frampton is wonderful reading. H/t @ahistoryinart visualdiplomacyusa.blogspot.com/2018/10/artist… https://t.co/fSFSAt5fZI
David Harsent’s Legion Is riveting modern poetry of war. Published by @FaberBooks theguardian.com/books/2005/oct… https://t.co/I3ExQ3dS7Q
RT @LizAnnSonders: Breakdown of new #COVID19 fiscal relief package @WSJ https://t.co/DWGqMZJLP9
FT on US stimulus is grim but realistic: "The latest stimulus is far smaller but the pandemic is no better today than it was in spring. The number of Americans registering for unemployment benefits has, once again, begun to increase as have poverty rates.” ft.com/content/e8cba9… https://t.co/Da7VlDxVIt
RT @RobinBrooksIIF: There's an oddly hardline view at the IMF that Italy's problems are structural. For example, the IMF says Italy's outpu…
RT @londonvinjamuri: A must read for sure — but also a must remember: this is a fast moving space. And the prospect for creative thinking,…
RT @pietercleppe: Relatively few media outlets in Europe have covered the story by Der Spiegel of an "insider" claiming that "buying more f…
On the Yalu River lies the city of Dandong in China, the gateway to North Korea: On Oct. 19, 1950, officers and soldiers of the Chinese People's Volunteer Army crossed the Yalu River, which formed the border with North Korea, to fight American forces. https://t.co/5ogcFyl0WJ
2020 has been a brutal year especially for brick and mortar retailers. Could be more to come. These are the firms judged most at risk of default in mid December. @SoberLook https://t.co/RQun0GBRY2
Eskom, S Africa’s coal-fired, unreliable power utility, has $32bn in debt and requires a $70m per week subsidy to continue servicing its debt. Its a test bed for the hardest nuts of EM decarbonization/stranded assets. Interesting update from @jsphctrl ft.com/content/6fc9dc… https://t.co/7oKVahIhkm
Just when you thought 2020 had nothing more in store for us. …. "giant inflatable Santas riding unicorns are out of stock”, on the xmas light craze in America’s Midwest. ft.com/content/96aaa5… https://t.co/rZploxN9zU
RT @ahistoryinart: In Meredith Frampton's remarkable painting of the 'London Civil Defence Control Room in South Kensington,' (1943) everyt…
1/6 small cap corporations in the US have interest burdens > than profits EVEN allowing for current low interest rates. It isnt just sovereign debtors who need the low rate environment to persist! ft.com/content/7fa7e2… https://t.co/kvI77VLS4d
Given record low borrowing costs (thanks to Fed backing), US companies have been on opportunistic $2.5tn bond market binge. Drives leverage for IG firms to new all-time high. What is next worries @JARennison ft.com/content/7fa7e2… https://t.co/XArjtf1ysP
RT @DrFrankSt: @Chun_ky @stefanauer_hku @adam_tooze @FAZ_NET From my perspective the real issue is the following: as we now know that both…
Notwithstanding my issues with Streeck, it can’t be denied that @MPIfG_Cologne has been one of best and most consistent pipelines of really interesting new research in political economy. Kudos and a happy new year! twitter.com/MPIfG_Cologne/…
Covid -> bigger state budgets etc. but "a state that no longer appears like a single unified entity, but rather a set of private contractors, anonymous briefings & political strategies, is no longer an effective modern state at all.” @davies_will @Goldperc perc.org.uk/project_posts/… https://t.co/Qd9q3CEVCi
How China responds to running up against power shortages this year is going to be very telling! twitter.com/laurimyllyvirt…
What sounds like some good news on China’s energy plans for 2021. twitter.com/YanQinyq/statu…
UAE is offering free vaccination with China’s Sinopharm jab … out of a temporary clinic in a theme park! I mean it aint the Four Seasons but … ft.com/content/538db4… https://t.co/BpdylBQPuS
‘neoliberalism’ sees politics ousted by privatization and economics. Brexit is ecstatic refusal of economic rationality -> UK is now just as reliant on the private sector as it ever was, but without that veneer of economic rationality @davies_will perc.org.uk/project_posts/… https://t.co/17b54c7m1U
“Janet Yellen once touted benefits of a weaker greenback for exports, but as incoming Treasury secretary, she faces pressure to return U.S. to a “strong-dollar” policy — may cause trembles on Wall Street if she doesn’t.” $ = an inequality issue. #Currency cepr.net/bloomberg-is-c… https://t.co/rFJmfT8rFF
“governing without government”. It was back in the early 1990s that many social scientists proposed that ‘the state’ was merely a metaphor or effect, that concealed a web of interlocking contracts and providers. v interesting this by @davies_will perc.org.uk/project_posts/… https://t.co/o7QqNZsWxJ
RT @stefanauer_hku: I concur & I am genuinely curious whether anyone has been able to challenge some of the key findings in the report. htt…
This report on fiasco of EU vaccine policy by @derspiegel is as alarming and depressing as everyone say. Must Read! #vaccine spiegel.de/international/… https://t.co/rgpSvYT0cP
“The Paulo Guedes that existed two years ago now faces reality. “Reforms" in Brazil are a slow, bit by bit process,” said one lobbyist in Brasília involved in the decision on toys. “Reforms are like heaven. Everyone wants to go, but just not right now.” ft.com/content/34e7b7… https://t.co/E30g20C3gc
The story of Lehman’s failure has less to do with mortgages than repo and JP Morgan’s move to safety in summer of 2008. Excellent piece this by @JeffSnider_AIP #2008 realclearmarkets.com/articles/2020/… https://t.co/riUBNG98mD
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