@AlexHSullivan @Matt_Schrader_ TBC I did not mean "security order & accommod" point as some kind of glib "silver bullet". Im frustrated that it is being read that way & as something made in USA to boot. On contrary I meant to specify minimal & at this point totally unattainable condition for real deescalation.
@Judah_Grunstein @Matt_Schrader_ Hi Judah do you mean deter Chinese aggression to maintain trade ties with … China? If so very clever, but NOT how this is being presented in US right now surely.
@BuddyYakov @CtheLala @Matt_Schrader_ Not elaborating a complex take on Xi's revisionism and balance of forces in China or what a new order would look like … because, 1. one thing at a time and 2. speculation about new orders largely vain anyway at this point given mood in DC.
@BuddyYakov @CtheLala @Matt_Schrader_ Thanks for engaging folks. Lets remind ourselves: The piece is about the recent effort of Biden team to calm war fears & the fact that however well-intentioned these may be they are no longer anchored in biz/peace interest because its grip on DC has been uprooted.
"Last warning to Deutsche bank. The next time we will name names and concepts". As Pierre-Christian Fink pointed out to me, this 1980s Joseph Beuys piece perfectly encapsulates what I was trying to say in Chartbook #213 about JPMorgan. Check it out here: tinyurl.com/5yb8z9tf https://t.co/DxcBQnTIc5
RT @alex_callinicos: @adam_tooze: ‘the dollar system … is highly unequal, crisis-prone and constantly changing. It is by the interaction…
"Last warning to Deutsche bank. The next time we will name names and concepts". As Pierre-Christian Fink pointed out to me, this 1980s Joseph Beuys piece perfectly encapsulates what I was trying to say in Chartbook #213 about JPMorgan Check it out here: tinyurl.com/5e8xs9jn https://t.co/WNufdfHlgR
The current debate about First Republic, casts JPMC under Dimon as a business success story. Viewed in broader macrofinancial terms JPMC can look more like the private counterpart to the Fed. Chartbook 213 with reference to @csissoko & @nicholasdunbar tinyurl.com/5e8xs9jn https://t.co/QYRqJ7tmFj
RT @NewLeftEViews: TIL that Weimar Germany regularly bought Peru’s entire annual raw cocaine stock and that up to 80% of the end product en…
JP Morgan as savior, predator, business success, fossil fuel funder, remote Wall Street megabank, Universal banking triumph, DC player … and then there is its macrofinancial role. Chartbook Newsletter #213 on why JPMC matters even more than you think. tinyurl.com/5e8xs9jn https://t.co/qosIPdwXVl
RT @70sBachchan: 3/ Does Asia have a “peace interest” (a transnational social & economic constituency opposed to war) @adam_tooze?https://t…
RT @onachtwey: Wenn ihr euch fragt, was eigentlich schief läuft. https://t.co/b42pFVX4dG
Bringing macrofinance back in. So much of the JPMorgan/First Republic reporting has been centered on the Dimon/business success story, I fear we are losing sight of JPMC deep systemic importance. Read & sign up for Chartbook Newsletter #213 here tinyurl.com/5e8xs9jn https://t.co/Uy7UMfvxX9
I mean I really wish that he had not gone, but given that he did, this is the best possible justification. twitter.com/StigAbell/stat…
@ScottSpacek @Matt_Schrader_ For my part Ive learned that referencing the Paulson example hits home both on Wall Street and inside the Beltway right now, so it was a tactical choice.
@alex_callinicos Thanks Alex this REALLY is an interesting argument. On which more to follow.
@ScottSpacek @Matt_Schrader_ Oh come now. This is a piece about the American political scene. It is all about how the US responds to China changing the game i.e. China's historic agency. I reference JPMorgan as the archetypal organizer of the peace interest and cite Paulson just as most recent example.
RT @shetlerjones: @adam_tooze @Matt_Schrader_ @EdwardGLuce “Indopacific” goes back a while. policyexchange.org.uk/publication/da…
@shetlerjones @EdwardGLuce @Matt_Schrader_ Hi P glad we agree on that side of things. On economics the US is currently a far more serious revisionist and Beijing may have reason to regret its relatively trivial forays into this terrain.
@Matt_Schrader_ @shetlerjones @EdwardGLuce If I may, that is kinda telling! Surely up there with Indopacific as a neologism of our times.
@shetlerjones @EdwardGLuce @Matt_Schrader_ Agree that the balance of status quo interests and revisionists is different in each country. But think about the geoeconomics and who is the status quo and who the revisionist player?
@shetlerjones @EdwardGLuce Like your point Philip and would say that it is true on all sides. Beijing, Washington, Tokyo etc. @Matt_Schrader_
@Matt_Schrader_ Hmm. We may be talking at cross purposes here. I dont imagine this as simple at all. Right now I am not sure the region has a security order. Or ever really did. Cold War played out so differently.
RT @nkulw: “What slips through the cracks is JP Morgan’s role as a macrofinancial actor of decisive importance and as one of the forces sha…
This thread by @ProfPaulPoast is just fascinating! twitter.com/ProfPaulPoast/…
Why JPMorgan is even more important than you think. Chartbook Newsletter #213 just dropped. tinyurl.com/5e8xs9jn pairs well with the @OnesandToozePod this week where @CameronAbadi & I discuss the bailouts. podcasts.apple.com/us/podcast/is-… https://t.co/3zDhCqZ7ib
RT @adam_tooze: @Matt_Schrader_ Versions of the peace interest/"ultra-imperialist" logic play out not just in USA but within each one of th…
RT @adam_tooze: @Matt_Schrader_ Hey Matt Im perfectly aware of everything you say here. But the choices that the regional actors make are n…
@Matt_Schrader_ Versions of the peace interest/"ultra-imperialist" logic play out not just in USA but within each one of the key regional players, which does not contradict but rather amplifies my basic point. See also Deluge.
@Matt_Schrader_ Hey Matt Im perfectly aware of everything you say here. But the choices that the regional actors make are not independent of the options offered to them by Washington. Something that 1920s teaches important lessons about.
RT @stephenwertheim: “Since the question of war has been posed, a diplomatic effort at the highest level is required.” @adam_tooze in @f…
RT @EdwardGLuce: “A reduction in tension requires a new security order to accommodate China’s historic rise. The fact that stating this evi…
© 2024 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.