ADAM TOOZE

In 2020 US imports from both Germany and UK contracted, but UK goods were hit far harder -> German/UK ratio surged. @valentinaromei ft.com/content/869f7e… https://t.co/1akWq2tYs8

Mexico will cash in its oil price insurance policy receiving a payout of about $2.5 bn from its 2020 sovereign oil hedge v. $5.1 bn payout in 2009, $6.4 bn in 2015, plus another $2.7 bn in 2016 = biggest annual oil contract on Wall Street. bloomberg.com/news/articles/… https://t.co/ft2M3pAHch

“Large parts of business community are running out of patience,” said VP of Assoc of Equipment Manuf, represents > 1,000 U.S. Companies. “It is beyond surreal that they are still bickering over politics …” US business wants to know, where is stimulus? bloomberg.com/news/articles/… https://t.co/2tuxDUYLXT

Global Britain? In 6 months to Oct, value of goods imported into China from UK fell 18 % compared with 2019, while it rose 1.1 % for goods coming from Germany — and by more than 5 % for goods produced by Italian manufacturers. @valentinaromei ft.com/content/869f7e… https://t.co/IV7xTqTdjW

Comparing US with world stock markets is to compare two very different beasts! Top ten share in US > 25% of index v. 12% globally. thedailyshot.com/2020/11/25/the… https://t.co/MItXUR9l27

UK gov boasts of “spectacular maritime wealth”, but Brits don’t actually like fish caught in UK waters and prefer more far flung imports of tuna etc ft.com/content/4f2244… https://t.co/q2ZGv7d52b

The False Promise of Enlightenment Three new books paint a chilling portrait of darkness in Wall Street, the law, and technology. But the apocalyptic metaphors obscure the real problem By @zeithistoriker really is a great review! bostonreview.net/class-inequali… https://t.co/2a7fxxv1Un

China’s ratings agencies are under intense pressure not to downgrade SOE bond issuers despite obvious troubles. But markets draw their own conclusions in recent weeks! Yields have popped. ft.com/content/7cebe0… https://t.co/iQaK05M5mw

RT @SebDiessner: Big day! (for euro crisis nerds like me) First a hearing @EP_Economics on improving @ecb accountability for which @stanjo…

Coal is a killer in the here and now, as well as in the climate-change future twitter.com/EmberClimate/s…

In light of vaccine news @OECDeconomy sees global GDP bouncing back to 2019 level in Q3 2021. There is no recovery to pre-crisis growth path, but gap stabilizes. BUT global rebound in 2021 is carried by EM and led by China. ft.com/content/14331c… https://t.co/k9qCNerdhT

Hong Kong’s future as a Chinese rather than a global financial hub. Interesting as ever from @KangHexin ft.com/content/43ed7e… https://t.co/WMxuS0fiyR

Collapse in Indian gov revenues by 17 % is a measure of the severity of the downturn caused by lockdown in March. @Gavekal via @SoberLook https://t.co/WrDt8WjpzW

After Lagarde’s “spreads gaffe” on Marc 12, @ecb chief economist Lane weighed in with calming blogpost many of us read. Turns out he made some calls too. To 11 banks and key investors. New model of @ecb comms that happened to get activated at that moment. wsj.com/articles/top-e… https://t.co/TNRW1QyLJC

RT @PeterDWindsor: In appearance, amazingly like the last Bluebird (one of Adrian Newey's favourite cars). twitter.com/TheBishF1/stat…

Vaccine news -> @OECDeconomy growth scenarios in November 2020 are better than more optimistic scenarios envisioned in June. ft.com/content/14331c… https://t.co/ZCAxSwGOD8

RT @CarlZha: Zhou En-Lai speaks to comrades at CCP office in Chongqing, 1944 in WW2 https://t.co/zcoythqXjQ

Thank you @AndrewWattEU All the more important because what I am doing is quoting the @ecb Financial Stability Review. The economists in the bank know the scale of the risk! twitter.com/AndrewWattEU/s…

RT @Erik_Jones_SAIS: EU governments are running large deficits without complaint from the Commission because last March the Commission reco…

@RajaKorman @BuddyYakov @AntonJaegermm @TiltingatM3 @NMaggor Totally agree with the above, but hasn’t 2020 also taught us something about reliance on state apparatus as frame for mobilization of labour.

RT @RajaKorman: @naufalsanaullah @TheStalwart Since the essential capacities of sovereignty are money and organized violence, the great mer…

@AntonJaegermm @RajaKorman @BuddyYakov @TiltingatM3 @NMaggor In fact following @KatharinaPistor you could argue that large part (not all) of legal frame is transnational too and anchored in English and New York law.

RT @marinamaral2: A porter at Covent Garden Market, London, carries twenty baskets on his head. 1925. https://t.co/xHUe5CcEHz

@70sBachchan @policytensor @ramakumarr Thank you @70sBachchan such a good thread!

Oh and also apropos of a question @STS_News asked me a few days ago! twitter.com/adam_tooze/sta…

@adampritzker Its been knocking around on my to do list via Latour. But after Haraway it just seemed the obvious place to go. Brilliant and intriguing I thought.

In media res: "Muddling through with others is always in the middle of things; it does not properly conclude." Tsing, Anna Lowenhaupt. The Mushroom at the End of the World (p. 278) One for @BarnabyRaine Both for him and for me actually. https://t.co/JsVuWdxQFz

"Getting by without progress requires a good deal of feeling around with our hands." Tsing, Anna Lowenhaupt. The Mushroom at the End of the World (p. 278). Princeton University Press. Kindle Edition. https://t.co/bAhcZbUfY9

New on adamtooze.com in last few days: Outlook for Euro Area as seen by the ECB for @socialeurope adamtooze.com/2020/11/30/lig… Corona as a global inequality driver for @PublicBooks adamtooze.com/2020/11/27/glo… Wonderful conversation with @ewaldeng adamtooze.com/2020/11/25/int… https://t.co/0Mmd6xMhue

"Precarity is a globally coordinated phenomenon, and yet it does not follow unified global force fields. To know the world that progress has left to us, we must track shifting patches of ruination." Tsing, Anna Lowenhaupt. The Mushroom at the End of the World https://t.co/EJ4EWR6Y1o

Ecological critics describe eastern Cascades forest as “festering sores on back of a mangy old dog”. Foresters admit a series of mistakes. Yet for pickers, it is “ground zero.” In contingency of error, sometimes mushrooms pop. Tsing A.L. The Mushroom at the End of the World https://t.co/B3u4FMobJQ

Surthriving: Artists and Craftspeople of the Theatrical Wardrobe Union 764 normally hold a holiday market. With Broadway closed, it is online. For this & MANY other projects by “surthriving” artists and theater folk in NYC, check out this great website! artistssurthrivingcatalog.com/2020 https://t.co/ePBP14E2ci

"In May, concerns arose after a Chinese government research vessel, Xiang Yang Hong 01, appeared off northeastern coast of the US territory of Guam deep in the middle of the Pacific Ocean and began engaging in suspicious behaviour.” @NikkeiAsia tracking ft.com/content/58fd14… https://t.co/1RkJWkFGjf

Solar panels for cow comfort … I love it! They should add solar-powered back scrubbers. The cows love them. twitter.com/drsplace/statu…

RT @upanizza: In today's @iheid_history forum, Tobias Straumann described how a debt crisis led to Hitler Check out this @FT article by @a…

In 2001, US, UK and Germany led the global league table of cross-border data flow. In 2019 China led by a huge margin and Germany, France and Japan have plunged down the rankings as China and India and Singapore soared. vdata.nikkei.com/en/newsgraphic… https://t.co/4CL6q6pGFS