ADAM TOOZE

OMG this is a truly awesome thread of inflation covers! WHAT a resource for anyone teaching this stuff. THANK YOU @KalebNygaard twitter.com/KalebNygaard/s…

Add “demand-side reform” to the range of instruments that Beijing is deploying to steer its dynamic model of state capitalism. twitter.com/michaelxpettis…

RT @MacroPoloChina: @michaelxpettis @M_C_Klein @adam_tooze .@hzsong also wrote about China's economic priorities ahead of the conference: h…

The global logistics system is REALLY bunged up: CMA-CGM, 4th-largest container shipping line, has told customers it will not take bookings for cargo for S China in early 2021 due to a suspension of service by feeder operators. gcaptain.com/cma-cgm-suspen… https://t.co/gRSEuqRy4D

"For any EM investor that’s been underweight on China it’s been quite a painful trade.” @KangHexin & @TomHale_ on lure of China’s state capitalism for western investors ft.com/content/d9ac22… And, yes, do check out the newsletters #8/9 on this: adamtooze.substack.com https://t.co/8nrEljII4F

"Mao died just ten months after Franco (Nov 1975, Sep 1976), and both countries underwent tremendous changes in the ensuing three decades.” This @ForeignAffairs piece by Cat Xia is fascinating! foreignaffairs.com/articles/china… https://t.co/63gLQGBBz4

V2 by @Robert___Harris (Fatherland) is not just a top pick for history-buff xmas stockings, its a rather fascinating novel of ideas about modernity and war in the 1940s. Check out the quite fascinating chat we had a while back: adamtooze.com/2020/12/04/v2-… https://t.co/H0MT5pa4fF

Hospitals across the USA are hitting the limit of ICU capacity. Unless the pandemic slows soon, the overload will become general. @StatistaCharts via @SoberLook https://t.co/iLHqWib6sI

The fiscal crisis towards which America’s cities are hurtling is truly daunting! Important piece by: @emilymbadger nytimes.com/2020/08/17/ups… https://t.co/Z35S9V5fTj

Is the CCP’s China destined to become Hotel California for Western yield-chasing rentiers? You can check in: “Hell, its the only place still offering a real return. Who knows who will win the Cold War. USA not looking so hot." But can you ever leave? ft.com/content/d9ac22… https://t.co/IHa7SbQeLB

Polish public is far happier with the Euro Area Recovery Pact compromise than are the Dutch. @DeutscheBank via @SoberLook https://t.co/y4St4cJyVj

Do US Treasuries still hedge equity corrections? 2020 leaves head scratching. Great chart from Louis Gave of @Gavekal Apropos check out Chartbook Newsletters #5 and 7 with more to come in a series on the new shape of the world’s safe asset. Sign up here: adamtooze.substack.com https://t.co/Oc60sisOZ5

For anyone raised on the industrial history of West, there is something Willy Wonkerish about China’s heavy industrial statistics. Steel output Jan-Nov 2020: 1.2 BILLION tons! argusmedia.com/en/news/216903… For more see Chartbook Newsletter #8 Sign up here: adamtooze.substack.com https://t.co/AWRPwNnHuK

Excluding government support, US household incomes have now fully recovered. But they are $50bn short of where they would have been on trend. thedailyshot.com/2020/12/14/vac… https://t.co/Ukc8h54kvQ

Nearly 690 million people were undernourished in 2019, up by almost 60 million since 2014. 19 per cent of Africa's population is undernourished (>250m). Women and girls represent more than 70 per cent of people facing chronic hunger. @ochapolicy @UNOCHA gho.unocha.org/global-trends/… https://t.co/mJGBRMCrkb

RT @SmithHelmut: How China single-handedly expands the role of the state in the the world economy twitter.com/adam_tooze/sta…

RT @NeilWarner_: V interesting @adam_tooze piece on trajectory of Chinese state capitalism. One thing that comes through is how state vs pr…

Clearly growth in China’s labour productivity has been on a downgrade since 2007. But look at axis on the left. Currently growing at 6% pa! Getting a true bead on China’s state capitalism is tricky. Subject of Chartbook Newsletters #8 and #9. Sign up here: adamtooze.substack.com https://t.co/5XSMOzDLWc

"I spent more than two years trying to get S protein stabilized …". Read this and though of you @BrunoLatourAIME Sending you very best wishes! twitter.com/goodwish916/st…

RT @EricTopol: Yeah, it's complicated by @JaredSHopkins @Loftus @ToniaCowan @WSJGraphics @TaylorUmlauf https://t.co/dxPaFmAMkY

Where it started: Ford’s production line How its going: automotive industry 2018 still by far biggest investor in robots. census.gov/newsroom/blogs… https://t.co/d5FW7mtqE3

RT @dakekang: Where is Xi leading China's economy, and how well will this state capitalism work? Will it falter, the victim of rising debt…

RT @MylesUdland: I like Joe's daily newsletter because sometimes it's a counterintuitive take on Fed policy and sometimes it's just this. h…

RT @tunkuv: Are we reading China right? asks @adam_tooze adamtooze.substack.com/p/chartbook-ne…

RT @Fernmonkey: @TomJdunn @RachelAldred Did you see this one? The Dutch bike culture was fostered through conscious effort and expense. It…

RT @sahagunfelipe: @tunkuv @adam_tooze ¿Nos estamos equivocando con China?, se pregunta @adam_tooze, como si hubiéramos acertado en los últ…

K-shaped recovery in India? Really excellent roundup of literature on inequality and the economic crisis in India by @GarimaNain @RiaKasliwal for @orfonline Good follows: ORF feed is excellent! H/t @samirsaran orfonline.org/expert-speak/i… https://t.co/Qp0J7zoFMY

RT @orfonline: Confirmed #COVIDー19 cases in Africa — 2,389,975 orfonline.org/covid19-tracker https://t.co/Qq7uDXTujM

RT @jamescrabtree: Nice wrap up piece by @ishaantharoor on the changing currents of China's leadership, which mentions recent pieces by @ad…

Fiscal activism and deficits have been the common denominator of the response to corona. BUT it is important to acknowledge uniquely large surge in US. US new debt in 2020 = same as all other big AE plus China! Great chart from Louis Gave of @Gavekal https://t.co/FH81JIcJEj

India’s inadequate fiscal response to the corona crisis has raised risk of K-shaped recovery and further worsened of huge inequalities. Interesting blog post by @orfonline @RiaKasliwal & Garima Nain. H/t @samirsaran orfonline.org/expert-speak/i… https://t.co/6PiVWSXoQy

Derisking China’s financial sector is a key element in strategy of reenergizing and managing state capitalism that @S_Rabinovitch has highlighted in @TheEconomist For a discussion of some other lines of interpretation out there e.g. in @WSJ sign up for: adamtooze.substack.com/p/chartbook-ne… https://t.co/oHDQqklJfv

South Africa’s Rand has made a dramatic comeback against the dollar since the panic of April. @SoberLook https://t.co/nKFHnJrDTK

The data on global GDP share of China’s SOE are mind-blowing. Compiled on basis of value added estimates by @andrewbatson & @Gavekal -> essential to understand dynamics of Chinese state capitalism. For a 1st take sign up to read Chartbook Newsletter #9 adamtooze.substack.com/p/chartbook-ne… https://t.co/I7YYZyKfWt

RT @kazbek: moscow metro station i used a lot vs nyc subway station i use a lot https://t.co/6102ljO7CW

"Special teams of public housing staffers — trained at a “rat academy” — fanned out across the city in an effort to get an accurate count of NYCHA’s pest population, including rats, mice and roaches." thecity.nyc/housing/2020/2… https://t.co/J1Bs01HyJK