RT @gerardreid14: Picture of the Week: #China is by far the biggest market in the world for #electricvehicles including #vans and #trucks.…
RT @gerardreid14: Picture of the Week: #China is by far the biggest market in the world for #electricvehicles including #vans and #trucks.…
Amazing what you can pack into 280 characters. twitter.com/_alice_evans/s…
RT @DWteVelde: @EmergingRoy @adam_tooze @David_McNair @davidpilling @_miller_mark @aprizzon @hmryder The "real" challenge is co-ordinating…
RT @DWteVelde: @EmergingRoy @adam_tooze @David_McNair @davidpilling @_miller_mark @aprizzon @hmryder The real challenge is that recent debt…
RT @NewLeftEViews: @vpalsmith33 @Brad_Setser @adam_tooze It’s a remarkable essay. The original is even more striking: « Wer ihre Botschaft…
RT @hmryder: @adam_tooze @EmergingRoy @David_McNair @davidpilling @_miller_mark @DWteVelde @aprizzon @DevReimagined In fact we’ve done anal…
Grants & development aid make up significant fraction of GDP in smaller African economies. For more substantial economies they are small share -> other modes of finance are key which is what makes the current debt crises so worrying. See Chartbook #181 adamtooze.substack.com/p/finance-and-… https://t.co/JwFpoZdD2N
Yes, China's lending to Africa did surge in 2010s, but bigger story is opening up of private credit channels which now exposes Africa to full force of the dollar credit cycle. h/t to @David_McNair for this data. See Chartbook #181 on the mounting crisis. adamtooze.substack.com/p/finance-and-… https://t.co/yEl4I2No3Z
@OYCar @hannahforsyth How did Bill R allocate China's population I wonder? He is a very smart guy. he will have figured that out. it would seem that majority of world's population experience seasons very mildly but broadly speaking more according to Northern rhythm than southern. Ill settle for that.
@hmryder @EmergingRoy @David_McNair @davidpilling @_miller_mark @DWteVelde @aprizzon @DevReimagined No it explicitly doesnt. As the piece ends by saying … the amount of financing should be defined by Africa's population. 2.5 billion people by 2050 are going to need a LOT of capital.
RT @vpalsmith33: @NewLeftEViews @Brad_Setser @adam_tooze Schumpeter! I came across this phrase while reading Money Unmade, and followed the…
RT @x_delcourt: L’agenda de Bridgetown, solution à la dette abyssale de l’Afrique? Voir à ce sujet sa présentation très complète par Avinas…
@muchaz45 @AfricaCarnegie @David_McNair @davidpilling Without doubt. Transparency is a key issue.
@hmryder @EmergingRoy @David_McNair @davidpilling @_miller_mark @DWteVelde @aprizzon @DevReimagined Hi Hannah, Im puzzled I actually agree with much of what you say here and have read this and other material from you. I would say that we are coming at this from different angles but by no means at odds.
@David_McNair @GayleSmith @Tom_at_ONE @LHSummers @ONECampaign @Noahpinion @davidmcw @CarnegieEndow @MssZeeUsman Thank you David. You are too kind.
When you hear that Ghana is negotiating a debt restructuring and in talks with IMF you could shrug & say: "well thats 17th time since independence". Or you could wise up & harken to Schumpeter's "thunder of world history". Chartbook Newsletter #181 adamtooze.substack.com/p/finance-and-… https://t.co/xcSYBXlhtt
RT @HrReisen: Amartya Sen : « Le gouvernement indien est l’un des plus épouvantables au monde » lemonde.fr/idees/article/… via @lemondefr
@readJerome Have no fear. Just trying to wrap my head around as much of this reality as possible. Happy holidays!
Ghana, Kenya, Ethiopia, Zambia, Chad, Mali … time to recognize the increasingly encompassing debt crisis in Africa. h/t @David_McNair @davidpilling et al for Chartbook #181 on finance and the polycrisis in Africa. adamtooze.substack.com/p/finance-and-… https://t.co/g1Xi0oXoNv
RT @LHSummers: This piece by @adam_tooze was very interesting. I’ve been skeptical about some antitrust areas but this seems ripe for atten…
@hannahforsyth Fair point. But talking globally, 87 percent of humanity lives in the Northern hemisphere (yes I did have to look that up). So I dont feel too bad about my usage tbh. For the vast, vast majority of us, summer was 6 months ago.
RT @j_m_a88: @adam_tooze You might also be interested in @RobertGro5 's Die Beschleunigung der Berge. Eine Umweltgeschichte des Wintertour…
Chartbook — Finance and the polycrisis (6): Africa's debt crisis adamtooze.substack.com/p/finance-and-…
1/1000 In total, at least $2.83bn was raised by private fusion companies in the 12 months to June v. $2.4tn in global energy investment in 2022 @thomas_m_wilson ft.com/content/65e8f1… https://t.co/bXVkZW9zge
"do we think that this is a scalable way of getting carbon free dispatchable power at less than $50 per megawatt hour” Gates Breakthrough Energy Ventures on why it backs fusion outfit CFS. Total fusion funding stands at $4.9bn ft.com/content/65e8f1… https://t.co/xD8LlbFZjs
The first fusion start up was founded in 1992. Now there are a few! ft.com/content/65e8f1… https://t.co/BX8P26dUGG
For the Sámi, reindeer are for life, not just Christmas & the current decline in the herd if alarming and iron ore projects threaten further damage. ft.com/content/3cca67… https://t.co/XdVuolk34c
RT @jamesbrad263: @adam_tooze I read this interesting piece after a few days of skiing at the Vail-owned Whistler in BC. For a great book a…
RT @elonmusk: Should I step down as head of Twitter? I will abide by the results of this poll.
RT @danmikulskis: Pretty stark picture of Britain’s (relative) decline in @TheEconomist https://t.co/E6jbkzdV29
Head of Pioneer hits back at White House claims that oil companies are ‘un-American’ for opposing output increases, reminding Biden admin about a little issue called profit and the ranking of "Americanness" known as S&P500. ft.com/content/2767ea… https://t.co/lBW5VZxqdZ
So demand for electric power in Ukraine fell by 40-50% since start of war and GDP is supposed to have fallen by "only" 30-35%. Would love to see the accounting on this if it is possible to do that. ft.com/content/d1b6ea… https://t.co/Ac1FJnrRyr
The world fleet of generators (1Mw per container) belonging to big temporary power companies exceeds 10,000. But rental/diesel is expensive & owners dont want to send them to a war zone. ft.com/content/d1b6ea… https://t.co/uwgeqconzn
$1.8 trn go through public coffers every year to subsidize industrial activities that profoundly stress the natural environment and biodiversity v. $150bn in spending on protecting biodiversity. @Aime_Williams ft.com/content/f8baaf… https://t.co/EgMeS1C5AI
November 2022 was the 15th month of consecutive declines in new home prices in China. thedailyshot.com/2022/12/15/the… https://t.co/CVU6gDtSl7
RT @ProfGSheffield: #BooksOfTheYear 5 Marc Milner, 'Stopping the Panzers: The Untold Story of D-Day'. (2014) Superb, highly original accoun…
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