ADAM TOOZE

Ray Dalio on China: 'This ain't your grandfather's communism’ Bridgewater’s founder on China on Fox! Very 2020. foxbusiness.com/markets/ray-da… https://t.co/tNCBS9EOSh

One to read later today …. twitter.com/hanskundnani/s…

Merkel to the AfD scornfully: "Its a shame (you) but it really isnt that bad. I believe in the power of enlightenment. … I studied physics in the GDR because you could do many things but I was quite certain you could not suspend the law of gravity!" twitter.com/mauerfallkind/…

RT @aldatweets: Tattoo this chart onto my chest. I don’t want to hear a damn word about 2050. We have until 2030 to make BIG change. This…

Chinese workers in Africa peaked in 2015 at 263k. In 2018 there were 201057 of which 60k in Algeria and 27k in Angola, 10k in Nigeria. Oil and gas would seem like the main drivers. developmentreimagined.com/2020/10/08/chi… https://t.co/wUgRo4u1EZ

That moment when you are on an interesting webinar organized by French economic development agency @AFD_en … and you check out the audience and … OMG! https://t.co/OvoOw8eQ1Q

A privilege to be part of this event along with @HarryWinkler of @UCT_Research twitter.com/AFD_en/status/…

rue Roland Barthes … Gotta love the address of the French Economic Development Agency! @AFD_en https://t.co/9nAUWG0wJM

When there is talk about US leadership in debt restructuring initiatives, it is worth bearing in mind the sharp decline in US bilateral lending. Has more weight through IMF/World Bank rather than as a direct creditor? cgdev.org/blog/paris-clu… https://t.co/ptkU2XkqwZ

Of China’s $137.1bn in lending to Lat Am and Caribbean over period 2005-2019, by far largest part goes to Venezuela, followed by Brazil, Ecuador and Argentina. fas.org/sgp/crs/row/IF… https://t.co/QH5DAspt3Z

RT @Jeffrey62093861: @adam_tooze And along with Stresemann the subject of one of my undergraduate essays in early 70s.. Only book I could f…

RT @emsovdebt: @Alexander_Nye @adam_tooze @WorldBank @Brad_Setser Good point. I did when I originally posted this content https://t.co/YHeS…

RT @Alexander_Nye: @emsovdebt @adam_tooze @WorldBank @Brad_Setser Thanks @emsovdebt , I can’t believe I missed that. I’m not surprised at t…

RT @GDPC_BU: Explore the data behind this chart in our new interactive database: bu.edu/gdp/chinas-ove… twitter.com/adam_tooze/sta…

"Lending by the China Development Bank and the Export-Import Bank of China collapsed from a peak of $75bn in 2016 to just $4bn last year” FT @JKynge @Jonthn_Wheatley citing data by @KevinPGallagher ft.com/content/1cb3e3… https://t.co/owIMl7Jwsd

Agree. I'll never forget the moment I first saw these graphs by @BrankoMilan I had to take a moment …. twitter.com/SmithHelmut/st…

Aristide Briand a truly fascinating figure. Important both for history of French Third Republic and interwar internationalism. twitter.com/PhilippeCorbe/…

RT @xruiztru: 1,5M Armenians were systematically murdered and others driven off their native lands by the Muslim Ottomans. This map shows…

RT @LizAnnSonders: Tough going for forecasters … for better part of past 20 years, estimates have pointed to higher rates, but 10y yield…

RT @stjohnsphoto: Alfred Eisenstaedt #photography A man standing in the lumberyard of Seattle Cedar Lumber Manufacturing. 1939 https://t.c…

RT @HarryWinkler: emissions of richest 1% *increased* since 1990 🥵 twitter.com/tim_e_gore/sta…

“One day he will betray me,” the general de Gaullle once said of Giscard. “Let’s hope he does it well.” ft.com/content/b44c1c… https://t.co/lBcGePBAH9

Until 2020, Ethiopia was one of the fastest growing economies in the world, if not THE fastest. wsj.com/articles/facin… https://t.co/f6neT5xclx

China attracts a huge amount of attention as lender to Africa, but other EM have also increased their lending since the early 2000s. @emsovdebt from @WorldBank data h/t @Brad_Setser https://t.co/0TPWsJgq9X

In period 2009-2016 lending by 2 of China’s big development banks matched World Bank (and this is only a fraction of total lending). But, ironically, as BRI debate got going worldwide in 2016, Chinese lending was actually falling sharply! @GDPC_BU data bu.edu/gdp/chinas-ove… https://t.co/YwllgPEyX1

RT @HarryWinkler: emissions of richest 1% *increased* since 1990 🥵 twitter.com/tim_e_gore/sta…

RT @dfedman: 1/ Herewith a short Fabian Drixler appreciation thread:  There's no need to here recycle praise for Mabiki. It's a great book…

RT @dfedman: 1/ Herewith a short Fabian Drixler appreciation thread:  There's no need to here recycle praise for Mabiki. It's a great book…

Angola, Africa’s second-biggest crude producer, has been the continent’s biggest borrower from China this century, receiving $43bn of the $143bn lent by China. ft.com/content/bd73a1… https://t.co/5A7zTjBvu2

In 1996, when US led the Highly-Indebted Poor Countries Initiative, China trailed Costa Rica as a bilateral creditor. Today China is larger bilateral lender to distressed countries than all the others put together:$31bn v. US $370m. What is role for US? bloomberg.com/opinion/articl… https://t.co/Orp5bBNDAQ

The drivers of Africa’s rising indebtedness since 2015 have not been World Bank, Multilaterals or Banks but Billateral (i.e. China) and bond markets. That model is now under huge stress. ft.com/content/bd73a1… https://t.co/yNWKsrLvgc

Fear of market pressure -> Erdogan was forced to fire his son in law & reshuffle economics team. Will Bolsonaro be next? Will he jeopardize his reelection chances in 2021 with budget cuts? @laurapitel @mj_stott ft.com/content/dfc8ba… ft.com/content/f4a62f… https://t.co/6aMaZursSF

With Chinese heavy industry roaring back, China’s coal prices spiked as the dispute with Australia dampens imports. @SoberLook thedailyshot.com/2020/12/02/us-… https://t.co/5Y50vAw1vA

In March 2020 the US Treasury market, the $20trn anchor of the global financial system, suffered a moment of alarming instability. What lay behind the turbulence? Check out Chartbook Newsletters #5 & #7 for a deep dive on who was selling. Sign up at: adamtooze.substack.com https://t.co/jVO9XOR49d

"Europe is right to risk a double ‘no deal’. The consequences of bad agreements over Brexit and with Poland and Hungary would last decades.” Telling illustration for spot on column by @gideonrachman ft.com/content/5a84ce… https://t.co/B2p5mlzRUX

In the energy transition, the world is going to need a lot of copper. But right now there are not a lot of profitable looking copper mining projects in the pipeline! ft.com/content/2241a2… https://t.co/CwMKa1ZMFt