ADAM TOOZE

RT @VincentDeluard: Friendly reminder that the market cap of the FAANMG stocks now exceeds that of the 7 largest European countries COMBINE…

RT @imbresigau: @adam_tooze The commentator @CJFDillow routinely notes the same about the UK Conservative Party. Championing Brexit is not…

Whereas Kurzarbeit schemes have been taken up on a huge scale, credit guarantee schemes to respond to COVID have had low take up rates, operating largely on confidence. imf.org/en/Publication… https://t.co/6cWJFfrjCT

Renewable-based electricity generation and energy-efficiency-enhancing investment are more job-intensive than the generation of electricity from fossil fuels. @IMFNews makes the case for investment with renewables as an engine of job creation. imf.org/en/Publication… https://t.co/3ll8g0WjmT

Not 2008/9: In 2020 stimulus in Germany has been far larger than that in China. imf.org/en/Publication… https://t.co/OQXOVjNKUP

The extent of uncertainty about global econ prospect reported by @IMFNews – due to corona, vaccine & fiscal response – is, yup, unprecedented. 4% gap in GDP outlook depending on scenario with both seem reasonably plausible. imf.org/en/Publication… https://t.co/Cl9et4m0Ms

From the McCain/Palin campaign of 2008 forward the GOP has become increasingly problematic as a vehicle for US business interests. Is 2020 the end of that road? Is delivering tax cuts, deregulation and stacked courts enough? theguardian.com/commentisfree/… https://t.co/dO9TcYQvpH

What might have been? Devastating report in @FT on mishandling of corona epidemic in NYC. One for @tedfertik @70sBachchan ft.com/content/a52198… https://t.co/vU0ZqkcFxY

Whereas Kurzarbeit schemes have been taken up on a huge scale, credit guarantee schemes to respond to COVID have had low take up rates, operating largely on confidence. imf.org/en/Publication… https://t.co/jHB4oKGpfg

Renewable-based electricity generation and energy-efficiency-enhancing investment are more job-intensive than the generation of electricity from fossil fuels. @IMFNews makes the case for investment with renewables as an engine of job creation. imf.org/en/Publication… https://t.co/9TKpelNdYO

Not 2008/9: In 2020 stimulus in Germany has been far larger than that in China. imf.org/en/Publication… https://t.co/cZNRjn0uAs

The extent of uncertainty about global econ prospect reported by @IMFNews – due to corona, vaccine & fiscal response – is, yup, unprecedented. 4% gap in GDP outlook depending on scenario with both seem reasonably plausible. imf.org/en/Publication… https://t.co/zeZyaForqq

From the McCain/Palin campaign of 2008 forward the GOP has become increasingly problematic as a vehicle for US business interests. Is 2020 the end of that road? Is delivering tax cuts, deregulation and stacked courts enough? theguardian.com/commentisfree/… https://t.co/mvbwvdSAq0

What might have been? Devastating report in @FT on mishandling of corona epidemic in NYC. One for @tedfertik @70sBachchan ft.com/content/a52198… https://t.co/EqRFvX3PI4

RT @ThiagoKrause2: O @adam_tooze é sempre indispensável. No final das contas, a extrema-direita se tornou tão disfuncional que é prejudicia…

RT @rortybomb: "The shepherd drives the wolf from the sheep's throat, for which the sheep thanks the shepherd as a liberator, while the wol…

Lenin and William Morris in the officers quarters of British Nuclear Subs from the late Cold War. twitter.com/sophiejpitman/…

“Globally, a school shutdown of 5 months could generate learning losses that have a present value of $10 trn. The world could stand to lose as much as 16% of the investments that Govs make in this cohort of students’ basic education.” @WorldBank June 2020 pubdocs.worldbank.org/en/79806159248… https://t.co/xuzB4XkNQd

The surge in EU mortality is not the next phase of the COVID crisis that many of us were expecting! Squeezing LatAm & India share. ft.com/content/a2901c… https://t.co/bO8aXq8iuW

2020: Report by @CrisisGroup on risk of political violence in upcoming AMERICAN ELECTION …. twitter.com/CrisisGroup/st…

RT @UNDPClimate: Clean energy creates more jobs than fossil fuels: $1 million in renewables creates over 7 jobs. $1 million in fossil fuel…

RT @mattsheehan88: The full report is coming out next Monday, including my forecast for Chinese tech 2020-2025. Stay tuned… https://t.co/…

As Chinese Grew Wealthier, They Flew More -> creates huge market for Boeing and Airbus. Fascinating report this by @neilthomas123 for @MacroPoloChina macropolo.org/analysis/boein… https://t.co/H8tRiWhxTz

Xi’s intense campaign to impose control on CCP -> wave of corruption investigations that peaked in 2015. Next phase is the focus on execution argues @neilthomas123 in latest @MacroPoloChina @PaulsonInst report. https://t.co/27HIjeU3qC

There are US corporate interests that have a lot to lose in decoupling. After 2008 Boeing’s revenue from aircraft sales to booming Chinese airlines surged spectacularly. @MacroPoloChina @neilthomas123 macropolo.org/analysis/boein… https://t.co/VwCqIHBps4

Boeing is one of the major US corporate interests for which China remains a key market. @MacroPoloChina @neilthomas123 macropolo.org/analysis/boein… https://t.co/O574kErNfs

$5trn electronics industry ultimately depends on chip Industry Choke Points The industry’s biggest companies are siloed in just a few countries and a cluster of firms. bloomberg.com/news/articles/… https://t.co/xmo3Kq1zu2

One of basic constraints on Chinese household consumption is that there is no substantial mechanism for distributing income to lower income or precarious households. @Brad_Setser @michaelxpettis have both emphasize this point. From Oct 2020 @PaulsonInst @MacroPoloChina report. https://t.co/8ELpE17Wir

Beijing has long believed a sizeable middle class is integral to China’s development. Official definition = monthly per capita income of more than 2,000 yuan (~$290)/month. As of 2019, only 31% of pop or 430 m qualify as middle income. @PaulsonInst based on Wan & Meng (2020) https://t.co/tzmsfskDEf

If money talks in US politics what is it saying in 2020? Is capital finally losing faith in Trump? A new piece @guardian theguardian.com/commentisfree/… https://t.co/d4UMxmZafi

Maradonna v. England 1986: Lost in soccer analogies. @BoE debates negative interest rates. bloomberg.com/news/articles/… https://t.co/08JuPExFDE

@PatrickHolden1 @guardian @EricLevitz Loads of interesting ways to push this question I think. The group backing Trump is really quite idiosyncratic.

@gabrielwinant I think I would trade out 10. for “the social” v. “The political”

@gabrielwinant How about putting it in “social history v. Econ history”?

Trump or Biden: which does big business want to be the next US president? Or to control Congress? The scrambling of assumptions that is characteristic of the Trump era has left business lobby in a weird limbo. New piece for @guardian One for @EricLevitz theguardian.com/commentisfree/… https://t.co/Zr0H2V8NkK

2014-2018 CO2 emissions growth in India and ROW was driving overall emissions. In 2019 Chinese emissions surged alarmingly. Highlighting significance both of Xi’s commitment and need to widen decarbonization commitments. imf.org/en/Publication… https://t.co/nYBhL3wsVA