ADAM TOOZE

Over last ten years Australia has become a fascinating experiment: highly sophisticated, multi-cultural, AE, democr… https://t.co/H4jqjh913l

By 1st week of May majority of US chief financial officers were not expecting a return to business as usual before… https://t.co/ThDlY3sfkX

Publicly-owned banks in advanced economies tend perform a countercyclical role v. In EM where they have been strong… https://t.co/ckK2z1Rtba

If comprehensive electrification is key to green energy transition – both widening provision and deepening electric… https://t.co/HlT0bha3yY

State-owned enterprises are 1/3 of the entire emerging market sovereign hard currency debt tracked in the most wide… https://t.co/QRJlhOE6ES

Top 50 state-owned enterprises makes for an impressive list! All Europe/Asia/LA. No US …? But think about bailout… https://t.co/0T4ceEWSw3

State-owned multinationals (think VW or Rosneft) are important players across Europe and Asian economies but largel… https://t.co/jMkggZvdwy

State-owned enterprises share of assets & revenues by sector. Look at financials & industrials & materials. And I a… https://t.co/nUUh1gQfgT

Rise of state capitalism Driven by China’s success, the share of SOE in debt & revenue of largest 2000 firms globa… https://t.co/m28Pp58lQJ

"With Econ situation in many AE rapidly deteriorating, policymakers are rolling out unprecedented stimulus programs… https://t.co/BmrPBzG7bo

@SonyKapoor Hey Sony Im all in favor of a bit of both. But do check out Buiter’s piece of March 26th 2020 The helic… https://t.co/zBJt7potZC

In half of the G20 countries and several large developing economies, public banks hold around 20 to 60 percent of t… https://t.co/Gig3841NX9

After Buiter advocated monetary financing with @SonyKapoor only a few weeks ago https://t.co/lj5jXcU1vU He now dec… https://t.co/ISoPGtCXKW

“At the same time, headline US retail sales, a measure of sales in shops and restaurants, tumbled 16.4 per cent to… https://t.co/HmSzn9U2Ac

US Industrial production, led by a severe contraction among manufacturers, tumbled 11.2 per cent in April, after a… https://t.co/FoW8ur3Bmd

@bceagle71 @courtney_ft A. These people are new to food lines and they may not be able to hold on to their cars for… https://t.co/wwrikXZtLQ

Feeding America, largest US food bank org, has experienced a 70% increase in those seeking assistance since crisis… https://t.co/aeP2D9EXz5

How to weaponize China’s former one-child policy: “tell the stories of the demise of Chinese soldiers who are the e… https://t.co/JH4A0oflsT

One pysops plan "would involve a popular writer being commissioned to pen “the Taiwanese Tom Clancy” —intended to d… https://t.co/gbkWydlUhw

@KatharinaPistor Fair but NB these are not leverage numbers. Just debt. Upper middle class folks build equity thro… https://t.co/L4zBvbujJ6

All good candidates for USS Trump https://t.co/uX77j24SGE

American households as a whole have deleveraged relative to income. But this too is a story of inequality. Borrowin… https://t.co/Hz8eUBZTyx

America’s high risk corporate debt mountain was built up in three surges of junk bond issuance: 2004-7, 2012-14, 20… https://t.co/PONHY1zIdi

US business (as opposed to US households) went into the COVID-19 crisis with elevated levels of debt. Thanks to the… https://t.co/mXoeoNN7Ya

In mid-March US Treasury market depth (amount that can be traded at best posted price) collapsed -> set off alarm b… https://t.co/W0ALK9FDdp

COVID-19-induced s spike in the cost of credit for firms in both the investment- and speculative-grade portions of… https://t.co/Fp75IVd0L5

How stress in the US Treasury market in 3rd and 4th week of March triggered the Fed into massive asset purchases. F… https://t.co/HKTcKGyNH0

American households as a whole have deleveraged relative to income. But this too is a story of inequality. Borrowin… https://t.co/xzG5lbfAKI

America’s high risk corporate debt mountain was built up in three surges of junk bond issuance: 2004-7, 2012-14, 20… https://t.co/SlO70z8IXm

US business (as opposed to US households) went into the COVID-19 crisis with elevated levels of debt. Thanks to the… https://t.co/XSBSB6nxIR

Statistics that boggle the mind: U.S. coronavirus deaths: 86,541. South Korea coronavirus deaths: 260. https://t.co/xZgQjdsDwe

I’ve landed in Hong Kong after flying from Paris CDG, via London Heathrow. I now have to wait ~8 hours before I get… https://t.co/dH9Td9x71W

Prior to COVID-19 crisis, farmland prices in US were very elevated relative to rents -> serious concern about finan… https://t.co/yR04oK8SYz

In mid-March Treasury market depth (amount that can be traded at best posted price) collapsed -> set off alarm bell… https://t.co/ApR7vL8L0r

COVID-19-induced s spike in the cost of credit for firms in both the investment- and speculative-grade portions of… https://t.co/JxR9xJeZcL