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RT @asgeirbt: Adam Tooze in the Financial Times: Talk of a global economic reset must not ignore grim realities on.ft.com/34sDurQ by…

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“we’re essentially in a triage situation” Overwhelmed by container traffic, Port of Los Angeles is prioritizing containers with xmas presents/toys! #logistics gcaptain.com/nations-busies… https://t.co/UWMLqvidRj

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An interesting long read on the way that Hong Kong great business families are negotiating their way through the overturning of one nation two systems. #chinapolitecon asia.nikkei.com/Spotlight/The-… https://t.co/0zBKG662uL

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"When “The West Wing”, a television show, gave its fictional president a “secret plan to fight inflation” in 1999 it was as a joke, not a plot point.” economist.com/briefing/2020/… https://t.co/Ea47tPK2oG

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RT @MattZeitlin: The entire world found out on accident that you can eliminate poverty by giving people money and now seems determined to f…

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Brazil’s 600 real per month auxílio emergencial actually turned 2020 into a remarkably good year for poverty-reduction. Brazil’s gini fell in 2020 from 0.55 to 0.49! Extreme poverty and inequality are a political choice. How will it choose in 2021? #LatAm economist.com/the-americas/2… https://t.co/xvESUvD24o

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V2 Reading @Robert___Harris latest and having chance to discuss it with him: youtube.com/watch?v=lP9QrS… …has had me thinking about miracle weapons, V2s, v-shaped recoveries and vaccines. New piece in @FT ft.com/content/5834df… https://t.co/leGBQEqVhb

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Brazil’s 600 real per month auxílio emergencial actually turned 2020 into a remarkably good year for poverty-reduction. Brazil’s gini fell in 2020 from 0.55 to 0.49! Extreme poverty and inequality are a political choice. #LatAm economist.com/the-americas/2… https://t.co/fyzvM56VNO

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Japanese forecasters now expect China GDP to overtake the US by 2028-29. By 2035 China will match the US and Japan together. #chinaus asia.nikkei.com/Economy/China-… https://t.co/YBZ0g8Hh2u

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Zambian lead-mining town Kabwe "is the most polluted place for children on the planet,” Campaigners are bringing a suit against Anglo American. 5mg of lead per deciliter of blood is elevated. 25 mg is …. economist.com/middle-east-an… https://t.co/INdDAkds7V

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Italy’s HARD-right “Brothers of Italy” party is currently riding high in the polls. It is another toxic byproduct, of the eurozone crisis and Berlusconi’s 2011 ouster. economist.com/europe/2020/12… https://t.co/DXXBBgsfhP

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RT @FuturesInfinite: Talk of a global economic reset must not ignore grim realities via @FT ⁦@adam_tooze⁩ on.ft.com/3h1jFg9

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Xie Zhenhua, China’s former special representative for climate change affairs and the technopolitical muscle behind Xi’s historic announcement on 22 September. bloomberg.com/news/features/… https://t.co/ylaDK1U9tx

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RT @hh_bruun: Cool study on ivory in a 500+ y shipwreck. It turns out that the habitat niche of Afr Forest Elephant was more in savannas th…

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RT @katie_martin_fx: Horror fans! Relive the year that pushed markets to the brink and all the way back again. (I genuinely got sweaty pal…

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RT @DLangiu: ⁦@adam_tooze⁩ worth reading opinion on @FT: we don’t need to repeat the same economic mistake of a decade ago, if we would lik…

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Also a plug for @Robert___Harris excellent V2! twitter.com/Jderbyshire/st…

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RT @Jderbyshire: .⁦@Adam_tooze⁩ on how to win the Covid peace on.ft.com/37vMMoy

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RT @70sBachchan: 11/ We know Oil & Coal made hierarchical world order. But do we get China's "monumental historical paradox of demonstratin…

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According to German sources, EU is pushing to get investment deal with China done ahead of Biden administration so as to demonstrate “strategic autonomy” and “parity” with the US. twitter.com/bueti/status/1…

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RT @BungaCast: Excited about our last episode of the year, out on Tuesday. It's about Hegel. No no wait, come back! It's not like that!…

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RT @TheStalwart: Oh hell yeah @Brad_Setser bloomberg.com/news/articles/… https://t.co/cNxB8XlCAj

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Since wealth is so concentrated in hands of very rich in the US and above all in the hands of very rich white people, comparing mean per household wealth is more instructive than median -> racial wealth gap isnt $146k but $760k @EricLevitz @MattBruenig nymag.com/intelligencer/… https://t.co/gEHPN1qheg

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"A majority of households in the bottom quintile of the US income distribution pay more than 40 percent of their disposable income to landlords or on mortgage each month.” Housing costs for low incomes amongst highest of AE. nymag.com/intelligencer/… https://t.co/WHNcRq46AM

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In accounting for America’s high post-tax/benefit income inequality its niggardly social welfare system plays a key role. #USpoliticaleconomy nymag.com/intelligencer/… https://t.co/d8jUlW74Zz

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Solar v. Diesel generators: In a developing country context that is often the choice. Bad news: At current prices, it takes years before solar pays off its higher upfront costs. @A2EI_ Pushing for more affordable solar solutions. a2ei.org/resources/uplo… https://t.co/NrC5gGI6as

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Ratio of social to punitive spending in Denmark is >3 that in the US. @EricLevitz in @intelligencer nymag.com/intelligencer/… https://t.co/A47MtCGs6G

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The US Treasury has designated Vietnam a currency manipulator. As @jasonfurman argues in @PIIE blogpost its a very weak case. Vietnam in 2020 one of few EM NOT to devalued v. $. piie.com/blogs/realtime… https://t.co/A5GJW0xoED

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A Small Town in Germany: John Le Carré evocation of the British embassy in Bonn is ludicrously well done! ft.com/content/04df98… https://t.co/ezBlxAyae8

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Very low-profile drug smuggling vessels are fascinating beasts. This one apprehended in the Pacific in early December with $100m in cocaine stowed on board. H/t @gCaptain gcaptain.com/uss-gabrielle-… https://t.co/IFGGTCEYAW

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Chartbook Newsletter #10 is all about Nigeria, Africa’s rapidly growing giant. adamtooze.substack.com/p/chartbook-ne… Im fascinated by improvised modernities. Been talking a lot about generators. But 1/3 of Nigerians have no access to electricity and rely on firewood. carbonbrief.org/the-carbon-bri… https://t.co/3Kd3CZKvtg

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Launched Chartbook Newsletter a month ago. Been a fun ride. Up to #10. Covered themes from Financial Stability & US Treasury markets to Brexit and Nigeria’s demography, by way of China’s state capitalism. There’s even be a live talk. Sign up here: adamtooze.substack.com https://t.co/AZ3hHB8oVf

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John le Carré in Austria in 1965 © Erich Hartmann/Magnum Photos ft.com/content/04df98… https://t.co/IBWbFx6yfD

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Enemies of the people This paper on the long-run economic impact of the Soviet gulag system by @GerhardToews @pl_vezina Is mind-blowing! drive.google.com/uc?export=down… https://t.co/EecJpxB8Xy

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After years of real progress, 2020 has been a disaster for human development in sub-Saharan Africa. @IMFNews Regional Economic Outlook Oct 2020. https://t.co/Ipjjw3MqUO

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Nigeria’s demography is one of the megatrends of 21st century. For background see the new Chartbook Newsletter #10. adamtooze.substack.com/p/chartbook-ne… Its burgeoning population needs power to grow the economy but grid is a shambles -> rely on 20 m + generators. @A2EI_ https://t.co/p8H1laaeLy

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