ADAM TOOZE

Boeing's737 MAX emerged in early 2019, the valueof unsold civilian aerospace inventories hassoared almost 30%. @M_C_Klein does a deep dive on US manufacturing in @barronsonline barrons.com/articles/ignor… https://t.co/LuXleWFl6P

RT @perseidcapital: @adam_tooze I have a hypothesis that 2012 was the watershed year, where movie making plots changed to better suit inter…

"In 2013 “Pacific Rim” – robots-versus-monsters by Legendary Pictures – became 1st US film to take more money in China than at home. After that Hollywood studios that did not yet have offices in China quickly established them." economist.com/business/2020/… https://t.co/hQUx9GYkgG

RT @fpleitgenCNN: Massive QAnon turn-out at the anti-COVID measures demo in Berlin, Germany. Many flags / signs hailing @realDonaldTrump in…

Engels August 26 1870 MacMahon's plan is not that of "a strategist, but of an “Algérien,” used to fight irregulars; not of a soldier, but of a political and military adventurer … It is the Second Empire all over. To keep up appearances, to hide defeat" marxists.org/archive/marx/w… https://t.co/MVEMpbQJzQ

Cardiovascular disease kills 25,000 people each day worldwide. who.int/news-room/fact… https://t.co/QE3cMIKIT7

China’s banks are carrying main burden of stimulus: 1.6 trn yuan in new credit to manufact in 1st 7 months of 2020 = 2* all of 2019. 2.46 trn SME loans under moratorium until Mar 2021 30% of loans at low rates. What will be long-run effect? @Birdyword wsj.com/articles/state… https://t.co/hjVX3UdyMD

Hollywood cannot afford to ignore the China market. In the past 15 years China’s box-office takings have risen 35-fold, to $9.7bn. That is not far off America’s $11.1bn. economist.com/business/2020/… https://t.co/MO4UbgQb6j

This profile of Dutch tech-regulating politician Marietje Schaake has its puff piece moments. But it is also a very readable and rather devastating critique of Silicon Vallley/Stanford culture and politics. newyorker.com/tech/annals-of… https://t.co/70uSx09u2t

Not uncoupling: “Mulan”, which opens on Sep 4, is an invasion in more ways than one. Disney, Hollywood’s biggest studio, has spent 5 years and $200m on the live-action remake of its 22-year-old animation, in the hope of conquering the Chinese box office. economist.com/business/2020/… https://t.co/4NvYOhF2zs

The two big US exchanges – intercontinental that includes NYSE & Chicago – head the big league of global stock exchanges. economist.com/finance-and-ec… https://t.co/hwGtnMpEZC

America’s Consumer Product Safety Commission which oversees almost every product Americans use in their home, office, or out in the yard, save for food, drugs, and cars has a budget of only $126 million budget and 520 employees. @eisingerj propublica.org/article/the-tr… https://t.co/OPlfu1iCKF

Love image of Félix Fénéon Editing La Revue Blanche (1896) by Félix Vallotton in @MuseumModernArt show. The concentration on his craft, the pen poised. Begs question: how do we represent the labour of writing, the work on text in the digital age? commons.wikimedia.org/wiki/File:F%C3… https://t.co/Bs8OeBzcGp

To repeat, if we do manage to develop a COVID vaccine, there is not, currently, a solid majority of Americans intending to take it. Scepticism amongst Black respondents is dramatic. Data @axios via @SoberLook https://t.co/WaTXLeErnP

Over the last decade the world’s largest stock exchanges have themselves become very large business organizations. economist.com/finance-and-ec… https://t.co/PYHiDrnN2M

Core role of stock exchanges is still to match buyer & seller: NYSE says it received over 300bn messages across its systems on peak days this spring; that is more than 50 times the number of daily Google searches. economist.com/finance-and-ec… https://t.co/YAwo6PM3us

Who in America “lives with family”? A question that reveals 1. Stark differences by race/ethnicity 2. Divergent trend of Latino community 3. Much sharper COVID shock in Black families. Data from Fed via @SoberLook https://t.co/EHB3MK5je3

Purchases of US real estate by non-resident foreigners have plunged. Chinese purchases have fallen most. wsj.com/articles/forei… https://t.co/NBno1MicJR

Job losses in US airline industry are only just beginning. @StatistaCharts via @SoberLook https://t.co/gcsnuU9bKb

USPS NYC UWS portico: Archaeological evidence suggesting that at some point in the past someone gave a damn! https://t.co/EWPODAqcxa

30 Aug 1870: Main German armies having diverted from march on Paris to intercept MacMahon's relief effort for Metz catch the French at Beaumont. Decisive prelude to Sedan. twitter.com/Krieg7071/stat…

As 1st phase of Franco-Prussian war moves towards its climax, French army encircled at Metz plans breakout to the West to link up with MacMahon's forces which they still believe are approaching them from East. twitter.com/Krieg7071/stat…

RT @simontorracinta: every NLR profile: this recent book by a public intellectual can only be understood by reviewing their entire oeuvre (…

RT @michaelxpettis: This is a great graph. It would be even more interesting if it could show the breakdown between top-tier hukou and othe…

RT @AntonJaegermm: “As soon as one admits the uncertainty of the forecasts that guide economic behavior, equilibrium has no more importance…

Hmmm …. auch hier als Thema angedacht @AchimTruger faz.net/aktuell/wirtsc… twitter.com/AchimTruger/st…

.@metmuseum show about artist Felix Vallotton last year presented him as the painter of bourgeois disquiet whilst downplaying his politics. This from 1895 is Vallotton, the anarchistst’s, striking image of Bakunin! metmuseum.org/exhibitions/li… https://t.co/FhBznnmd6g

Félix Fénéon by Félix Vallotton (1898) @metmuseum had show about Vallotton “painter of disquiet” that was entirely psychologizing metmuseum.org/exhibitions/li… @MuseumModernArt has a show about Fénéon that does justice to radical politics of both F and V. Shocking what curation does! https://t.co/VUzhymFhwB

RT @Shahinvallee: Merci à la nouvelle Mairie de Marseille et aux marins du Louise Michel. Vous nous faites honneur. Force et courage. https…

RT @alexandrascaggs: The year is 2070. Somewhere in the Republic of Appalachia, I sit at a handmade desk & type out the following on the ne…

Museums finally reopening in NYC. Been to @MuseumModernArt twice. This little show about Félix Fénéon – anarchist, art critic, art promoter and gallerist was excellent! moma.org/calendar/exhib… https://t.co/VLCSlkBCmi

With Mexico’s exports recovering and imports depressed by COVID recession the trade surplus is in record territory. @SoberLook thedailyshot.com/2020/08/28/mar… https://t.co/MJ7tlU0axB

Turkey is unique in many ways: It is issuing substantial volumes of debt in fx but with very little international buy in this merely reshuffles existing Turkish holdings whilst creating a mismatch on gov balance sheet. @SergiLanauIIF via @SoberLook https://t.co/8ETwHwHQs5

Fed’s dovish stance has a global ripple effect. After months of rupee depreciation with the Indian central bank buying $30bn to build reserves, all of a sudden, the rupee is recovering hard. @SoberLook bloomberg.com/news/articles/… https://t.co/nNb8DKuZQu

Assuming it is found to be an accident, the Beirut explosion is going to destroy Lebanon’s insurance industry, which is linked to its ailing banks, which cannot get their hands on enough $ to make payments that are worth anything. economist.com/finance-and-ec… https://t.co/lsH6GxE6JX

For fixed-income investors, hell is other bondholders – great on the tactics of sovereign bond negotiations (and on Pac Man). Plus another bit of exceptionally snappy writing from @TheEconomist ! economist.com/finance-and-ec… https://t.co/8rvOmSoLZb