ADAM TOOZE

12 leading EM, saw reserves fall by at least $143.5 bn in March = biggest drawdown since October 2008. Would it hav… https://t.co/vMVmKsJ2P7

As the Mexican peso has slid, remittances from the US have spiked. Presumably these are savings being transferred.… https://t.co/PvcUz9mm08

How the economic policy uncertainty generated by COVID-19 maps onto the turbulent recent political history of Brazi… https://t.co/eELBlhsOcA

“As the great Austrian economist Joseph Schumpeter remarked in the aftermath of the first world war, “the budget is… https://t.co/fp0a9V4lVA

@tobyarbo @hsc55 @luciobaccaro @CarlMuehlbach Hi @tobyarbo wow. This is fantastic. What a great question to have asked. More soon.

Brad Setser on Addressing the Global Dollar Shortage and COVID-19’s Implications Transcript of this @Brad_Setser Ch… https://t.co/9CH0YWegEk

I speak with leading financial historian and author @adam_tooze to discuss the possibility of a Great Depression in… https://t.co/GHhb2agu9F

@amyren10 Hi Allie thanks for reading. Certainly the gender balance will be very different when we write the history of 2020!

@LBiniSmaghi @Phastidio I believe that the request from Germany is a violation of the treaties, and an infringement… https://t.co/8wLc6eTO1n

The German Court should start by reading the minutes of the Feb 2015 meetings …that’s an easy (although long) rea… https://t.co/jnArd9kZiG

"Wer nur einmal auf die Internetseite der EZB klickt, der wird dort seitenweise Reden, Blogbeiträge, Aufsätze von D… https://t.co/9ziL5xlF21

@zeithistoriker My take would be that the French/Italians were always gambling on the ECB becoming something quite… https://t.co/TtsRLUrScd

The backdrop to this entire fracas is that the Italian/French gamble on turning the ECB into a regular central bank… https://t.co/gQ7qjjWcl5

For those interested in plumbing relative degrees of ordoliberal reasoning, here’s the statement Lars Feld gave to… https://t.co/MlfTPcXguZ

Interestingly, Lars Feld, Germany’s leading ordoliberal in the narrow sense did not strongly oppose the ECB’s behav… https://t.co/M1ZRVw1zCF

@KatharinaPistor @GrundSebastian @sobel_mark In the critical passages in full text of judgement GCC basically just… https://t.co/iZXC713554

The ECB "takes note" of the BVerfG ruling and "remains fully committed to its mandate". The ECB notes that the ECJ… https://t.co/1OXinh1LFE

Weidmann can help fix this. But he can also contribute to making the 33% issuer limit a harder constraint to overc… https://t.co/Fx6cZaY3j4

@DanielaGabor @HelenHet20 @BJMbraun Oh this is an UNHAPPY scenario … an increasingly bad, but indissoluble marriage.

@HelenHet20 @DanielaGabor @BJMbraun It leaves me torn btw my desire to see the politics of central banking opened u… https://t.co/JXtLbdPc7s

But in short, the #BVerfG will have to accept a lot of competing evidence to its current assessment and evidence, t… https://t.co/QKdZX5HoOG

How will COVID-19 affect financial assets and the potential of delinquency or bankruptcy for financially distressed… https://t.co/mciMK0sdD0

The 20 German myths about ECB monetary policy are as valid as ever after today’s ruling by the German Constitutiona… https://t.co/CcXTccwBKi

German Constitutional Court & ECB: 1. Ruling is for "old" QE program (PSPP) 2. Not the current pandemic program (PE… https://t.co/SsWRXXTclX

@BJMbraun @DanielaGabor Peter Gauweiler of the CSU would fall into that category surely. For a long time the anchor of the litigation.

@DanielaGabor @BJMbraun Point taken …. When Francfort wore off a little too much. In general the cocooning of euro/… https://t.co/PwpBtPpzev

@DanielaGabor @BJMbraun Perhaps that is not the right description for the judgment this morning … but encouraging a… https://t.co/6BFPtldmeC

@BJMbraun @DanielaGabor What truly puzzles me is the contrast with France. German political elite could after all c… https://t.co/rtcpj9E7nu

@DanielaGabor @BJMbraun I love the drift of this … but The incoherence in Germany is that segments of elite positiv… https://t.co/Zi5WAqCWQi

This is the big risk. New court cases will come immediately in Germany against PEPP. The Court insists in the ridic… https://t.co/2KOLeXD6Fl

@BJMbraun @DanielaGabor That, I guess, is what the ECB diagnoses in financial markets in moments of panic.

@DanielaGabor @BJMbraun Now we are talking. But if you are willing to say this (which delights me) then I dont see… https://t.co/kUzNoCvAR3

Since 1800, official capital flows have frequently exceeded total private cross-border flows. If this chart by Hor… https://t.co/Yc5iCG6QHU

Can't wait to see how the ECB is going to draft this "I don't give a shit what BVG thinks, but btw I was about to p… https://t.co/6ZkfnSIS9C