ADAM TOOZE

Adam Tooze Chartbook # 2 just dropped. Vaccine news, pandemic accelerating, RCEP, the prospects for Biden’s climate policy and the business of sport. adamtooze.com/2020/11/17/cha… https://t.co/upm6bWI2HP

Adam Tooze Chartbook # 2 just dropped. Vaccine news, pandemic accelerating, RCEP, the prospects for Biden’s climate policy and the business of sport. adamtooze.com/2020/11/17/cha… https://t.co/xJ2CMX3E9T

"A third of the cargo miles hauled by shippers comes from moving fossil fuels around the globe, and 70% of that portion is oil, BNEF estimates." bloomberg.com/news/articles/… https://t.co/h0dEpsjQFM

Why does reading so much military history have to be this way? I can see that in some sense it is an enriched, active way of reading, but still, the labour required is prodigious! twitter.com/HGWDavie/statu…

Brilliance Auto Group Holdings, parent of BMW AG’s main Chinese joint-venture partner, is facing a potential restructuring requested by one of its creditors, as the carmaker sinks deeper into a liquidity crisis following $149 m bond default in October. caixinglobal.com/2020-11-16/bmw… https://t.co/VzlQ712WRi

Zhang Jian (1853-1926) reforming entrepreneur, educator and politician is the new model businessman for Xi Jinping in an era of national economic consolidation, dual circulation etc. sinocism.com/p/xi-in-jiangs… https://t.co/dtY2pnh2VD

"A critical part of environmental politics is what philosopher Charles Taylor calls an ethics of articulacy—the work of saying what we mean, finding words for what we see and feel.” Im really learning a lot from @JedediahSPurdy After Nature (pp. 265-266) https://t.co/K6jTgOgwww

RT @LuizTambosi: @adam_tooze Vaccines by Sinovac and Sinopharm are also expected to arrive soon.

Update on the vaccine timeline. Three vaccines could be being distributed by January. @Barclays via @SoberLook https://t.co/N6ZXDerNhN

Podesta as possible climate Tsar? GOP Senate. Not $2trn “They’ll be able to get half of that . . . They’ll have to pick their shots in the Congress,” Renewable tax credits R&D Intl climate efforts Romney, Collins, Murkowski as possible swing votes. ft.com/content/223ca3… https://t.co/YTgG3Tbjgu

In 2018 the audit rate for wealthiest Americans was less than a quarter of the 29.9% rate in 2011. Funding the IRS properly could generate $1trn in revenue over a decade. bloomberg.com/opinion/articl… https://t.co/d7YYBnfbSk

"Global M&A recovers on vaccine hopes and US political stability Companies announce $40bn of deals in one day as executives put cheap debt and cash piles to work”, what a headline! ft.com/content/b1935f… https://t.co/0ompnJCoHc

@MuellerTadzio @christophbals @P_Graichen @Luisamneubauer @Germanwatch @zeitonline @tagesschau Fuer das was von Biden wirklich zum Klima zu erwarten ist, ist dieses interview der FT mit Podesta SEHR aufschlussreich. ft.com/content/223ca3…

Wie weiter am Ende des amerikanischen Jahrhunderts? Europa und die Welt am Scheideweg zweier Epochen. Das Gespräch mit Schäuble online. In der 56-7 Minute lehnt er einen Debatte über die Eurozone ab. Schade. Aber das Gespräch war trotzdem interessant. youtube.com/watch?v=QC9BdP… https://t.co/xiGAQObPYV

“Beijing feels tactics by ecommerce companies are not leading to healthy development of retail industry. They don’t want 3 or 4 companies [dominating], they want 1,000s of companies.” So, China’s communists got real about anti-trust? You don’t say! ft.com/content/72317e… https://t.co/JnFqsq0mv6

RT @NewsdAnciennes: À la Normandy Beach Race les engins s'affrontaient sur les runs pour le bonheur du public… et des copains des proprié…

European business activity is plunging as new round lockdowns loom. @business via @SoberLook https://t.co/c50KxgHTPc

Spat? When EU issue is escalated back to Merkel’s level you know it is serious, not a spat! This is now stage we have reached with July recovery package being held hostage by Hungary/Poland over rule of law provisions rightly insisted on by EU parliament. ft.com/content/269555… https://t.co/2GpE8L7oi8

"In key swing states Pennsylvania, Michigan, Wisconsin and Georgia, Biden/Harris gained a net 355,210 votes in suburban areas, more than double his gains in large metro areas.” @jburnmurdoch C. Zhang ft.com/content/31a027… https://t.co/HsEhmUoxi3

July compromise that wasn’t! Hungary & Poland blocked EU’s €1.8tn budget & recovery package as negotiated with Euro Parl. Object to rule of law provisions even if it costs them funds to tune of 3% of GDP! -> showdown at head of gov meeting on Thursday.   ft.com/content/328ea1… https://t.co/GrrtNelsij

The global death rate from COVD-19 is now substantially above previous peak. The swing variable is Europe. There may be a US surge on the way, but right now Europe is the driver. ft.com/content/27daf5… https://t.co/uC9oRf9WCQ

RT @CoalFreeDave: Coal plants are running so little, that it's likely Europe's coal fleet will run for less of the time this year than its…

@DominikLeusder @davidrkadler At what point do you date cultural hegemony? Around WWI? 1920s?

Clothing might seem like a “light” industry. But its environmental impact is considerable: 2106 m tons CO2 in 2018 from production, distribution and end use (washing). @laureni ft.com/content/d174e7… https://t.co/uC3ENGidjf

@evalencia100 Next stage.

“Nothing can be sole or whole / That has not been rent.” W. B. Yeats Another lovely find in @JedediahSPurdy stirring and beautifully written, After Nature @Harvard_Press https://t.co/yecjTSTNbQ

@sdonnan Awww @sdonnan That is lovely of you say! Have no fear … this is more like a higher form of twitter consciousness! Every few days gathering up what has passed through.

RT @zeithistoriker: “All imaginable options end in the logic of triage, whether we admit it or not.” – Hans Magnus Enzensberger, 1994

@krishkhubchand @SoberLook Thats a great question. I will give it a think ….

Over the weekend I began experimenting with a new format, chartbooks that pull together the data, graphs, ideas scattered across my twitter feed. # 1: IMF data, Chinese bonds & the price of vintage Alfas. #2 to follow on Wednesday Download # 1 here: adamtooze.com/2020/11/15/cha… https://t.co/sVDEZ4eCjC

25,000 people queuing for food in Dallas is the report I heard. twitter.com/CBSNews/status…

foreign-currency borrowings by non-bank borrowers as a percentage of GDP is a real measure of vulnerability to currency shocks. @SeafarerCapital via @SoberLook https://t.co/JgOg20Y1LD

Flow of foreign funds into Chinese government bonds is a trend that @GoldmanSachs thinks can be predicted on basis of growth in volume and inclusion of Chinese bonds in major global indices. @GoldmanSachs via @SoberLook https://t.co/v820OMWKbR

China’s property market has bounced back but this means that it returns to a declining trend of activity. @Gavekal via @SoberLook https://t.co/AwSmqZ9ZnZ

Asian-based RCEP/ASEAN v. Pacific-based CPTPP trade blocs. Nice graphic from @FitchSolutions via @SoberLook https://t.co/rL44hrfOlA

In last two weeks rates of Covid ICU hospitalization have risen more rapidly across Europe than in the US. And in Belgium, Czechia and France the rates are substantially higher. Presumably the big surge in the US is yet to come. @NordeaMarkets via @SoberLook https://t.co/9sYQsbms5M