Side gigs have been flourishing as a form of new business creation in the US and have been given a huge boost by corona shock. But so too have businesses that may employ people. @foxjust bloomberg.com/opinion/articl… https://t.co/hyf9vP5B5Q
“A credit crunch seems really very likely.” Carmen Reinhart has @gilliantett exploring some rather gloomy options for the immediate future! ft.com/content/c95e5a… https://t.co/i9FHRjwcb6
If I read this graph correctly, postal workers make up just shy of 1 in 200 of all workers in the US. I find that surprising. But it accounts for their prominent in popular imagery. @MoodysAnalytics via @SoberLook https://t.co/H49tKMYxma
2/3 of American Gen Z and Millenials are unaware that 6 m Jews were killed in Holocaust. 48 % could not name a single one of 40k camps and ghettos in Europe. 56 % did not know what Auschwitz-Birkenau was. WI least bad. AR Worst. NY 60%! statista.com/chart/22943/sh… https://t.co/FcfvXCDjnR
Actually existing disillusionment: Share agreeing that “capitalism as exists today does more harm than good”. Oct-nov 2019. Apparently Thais are even more negative than Indians but didn’t fit on graph. @StatistaCharts via @SoberLook statista.com/chart/20600/ca… https://t.co/tA6ZXTxF8y
Since the worrying shock to US Treasury Markets in March, rates have been remarkably stable at extraordinarily low levels. @yardeni via @SoberLook https://t.co/VrUm1XcXiI
“This boom in mortgage originations isn’t necessarily going to be that awesome for the broader economy,” But refinancing does allow American middle class households to lock in lower rates for longer. wsj.com/articles/mortg… https://t.co/Q72V3458m4
If you compare household spending of Americans who kept their jobs v. Those who lost jobs and then received enhanced unemp benefit -> little difference that April benefit surprise added to consumption! @jpmorgan via @SoberLook https://t.co/lffgmKUWPU
Extraordinary density of robots is yet another indicator of South Korea ’s modernity. @StatistaCharts statista.com/chart/13645/th… https://t.co/CqSynpUGDG
Daily federal expenditure on unemployment benefits shows an ominous decline in early August = far greater than the decline in # of Americans receiving benefit -> points to fall in replacement ratio. @DesjardinsGroup via @SoberLook https://t.co/leRUIwoOnQ
RT @JonWalkerDC: Only good thing about this pandemic is it proved millions of Americans are only desperately poor because we don't have the…
RT @MaxCRoser: More than every second test in Argentina is now confirming a case of COVID-19. [from our database (where you also find the…
"Even without the changes to inflation targeting, if the Fed were simply following its historical track record, the data suggest that the next rate hike would be a long way off.” @SoberLook https://t.co/ENc3mmpS7p
"He hadn’t read the TPP treaty they were about to scrap. And nor had Trump. Rana, do you think we get the thought leadership we deserve? And if so, what did we do to deserve this?” @EdwardGLuce ft.com/content/9ff7c1… https://t.co/EphiyQsd8v
China’s military capacities are growing. But that is basically because its economy is growing v rapidly. No evidence for any increase in effort level relative to GDP. To have held status quo, China would have had to have DEmilitarized at a rapid pace. @alpinemacro via @SoberLook https://t.co/uMhlEPeYNz
The public in most of America’s key Allies has a pretty low view of the current President. But the data suggest they find it quite hard to get along with any GOP president over last 20 years. @pewresearch via @SoberLook https://t.co/XtxjvCuODD
“Transportation is responsible for > 50 % of California’s greenhouse gas emissions. 80 % of smog-forming pollution and 95 % of toxic diesel emissions” -> pushing hard to move to EV. But how big is California as a car market? #10 in world! @StatistaCharts statista.com/chart/23023/to… https://t.co/y7kpkKTNRE
The divergence btw energy & metal/iron ore prices since start of 2020 has been dramatic. Reflects pattern of Chinese recovery and trade wars. @ArborResearch via @SoberLook https://t.co/YkmCzGhHId
Heavy rain in Nigeria -> "If farmers are incapable of buying adequate fungicides to spray there is the risk of their cocoa being damaged by the black pod,” -> reinforces dramatic recovery in cocoa prices since summer. @SoberLook wsj.com/articles/rainf… https://t.co/iYR8zRY74N
"Angry farmers have blocked highways & railways across India in 2nd day of protests against agricultural reforms that they say will leave them at the mercy of corporate agribusinesses. Ruling BJP pushed farm bills through parl to deregulate ag markets” ft.com/content/1e9e02… https://t.co/LxtQI3UYiu
RT @sobel_mark: Two months ago, I commented that greater SNB transparency could help counter pressures on and from US Treasury to designate…
RT @avgevorkyan: Economics is your thing? Then tune into this conference and learn about Michail Kalecki's work and legacy! [look for the l…
RT @davies_will: Really enjoyed discussing my new book of essays, This Is Not Normal, w/ @katforrester for @RSAEvents – watch here https://…
In 1995 a scientific commission reported to then environment minister Angela Merkel that at current rates of CO2 emissions, by 2020 it would be impossible to effectively counter steer. twitter.com/TagesschauVor2…
RT @judystout1: "In psychiatry and neuroscience, the word 'neologism' is used to describe words that have meaning only to the person who us…
RT @AntonJaegermm: Norbert Elias reacts twitter.com/page_eco/statu… https://t.co/2H1EMUKN3A
RT @MaxJerneck: @adam_tooze It’s times like this I turn to @laurimyllyvirta for a sobering perspective
@itslaurenb123 Hi Lauren Yes Indeed. Lets believe it and act on that belief. Hope you and yours are well. 🙂
@leahstokes @BostonReview @mmildenberger And what is your take on the prospects for the Chinese system of carbon pricing. The EU and China btw them appear to have made such a big investment in this tool that we are beyond the hypothetical stage there. USA different story.
@leahstokes @BostonReview @mmildenberger Hard to disagree with you in general and with regard to priorities for the US. BUT politics is a matter of taking advantage of your opportunities and the EU right now, which operates the largest system, actually has a chance to make it effective. socialeurope.eu/carbon-pricing…
RT @ChrisGiles_: One reason Rishi Sunak was sparing with the cheque book today… …. £400bn deficit now looks perfectly plausible for 20…
@SebastianU125 @GabrielFox_1 Yup. Thanks. Deleted. Thanks for pointing out the error.
@Stephan0306 @erik_fluegge @janboehm Danke. Hab mein retweet prompt gelöscht. Bin ganz Ihrer Meinung. Es gibt keinen Grund sich unnötig lustig zu machen.
@GabrielFox_1 Thats not obvious from the reply the government gave or at least the section of I quote in the tweet. Will correct immediately. But would be happy to see your source.
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