ADAM TOOZE

BREAKING: Saudi Arabia FX reserves plunged ~$27 billion in March, largest monthly decline in data going back two de… https://t.co/OSp6KmuuXd

Cargill, Conagra, JBS, Smithfield, Tyson et al – the slaughter house complex is shutting down across much of middle… https://t.co/4S2IQbes22

Who is most dependent on oil for state revenue? Iraq, Oman, Kuwait, Angola, Bahrain, Saudi Arabia… https://t.co/hV3Z0EMFpv

I'm struck by all the commonly-known brands that may not survive this crisis, or certainly may not survive as they'… https://t.co/9JUI4mjZXS

Tupperware increasingly appears to be on the brink of insolvency, based on where its bonds are now trading: https://t.co/rr0Tpzb13O

The loser from oil price war btw Saudi & Russia = US shale The winner = China Beijing is surging purchases for its… https://t.co/J9rDt6g8ZZ

Macy's financing costs are soaring as its bond prices plunge. The company's implied cost to borrow money for three… https://t.co/8cqbDNYDm1

As petrol consumption slumps in US -> demand for ethanol falls -> demand for corn collapses -> ag futures fall.… https://t.co/eOBAlZ80uZ

Political perceptions of the corona virus situation in the US are starkly polarized in partisan terms. On April 17/… https://t.co/hyPnBnegwW

Hier eine Serviceleistung für alle unsere Ordo-Freunde, die wider besseres Wissen behaupten, dass Italien keine Aus… https://t.co/9OEYayNi1W

Interesting that Sen. Shelby, who once deemed Nobel prize winner Peter Diamond “unqualified” for a Fed job, now app… https://t.co/L0J7U7wDRu

Greying planet! For the first time ever there are more people in the world older than 65 than younger than 5. Torst… https://t.co/Q4KM9WoiF0

@mcopelov @Neil_Irwin @jonsindreu @NickTimiraos @TimDuy Gotta check my Bundesbank bias here … 😉

Why did public trust in Fed decline so sharply under Greenspan? Was it aftershock of https://t.co/wtQyGSHxOC bust?… https://t.co/0DGaQARPbm

Given surge in unemployment -> surge in delinquency on consumer debt can only be a matter of time -> American Expre… https://t.co/GkQ5JHVbOK

What about companies that have poorly-managed budgets because they pissed hundreds of billions of dollars away in s… https://t.co/07ImWYYxh4

@DEHEdgerton @JBRGreen @William_C_Meade @JohnPMerrick1 @NewLeftReview Lets zoom it. Record and then perhaps… https://t.co/1gEkAkc5FA

As the surge of borrowers tapping existing revolver loans threatens to dent profitability and bankers seek to conse… https://t.co/RRjewKD8m6

Some food deliveries make one happier than others! That’s a lb and a half of salty deliciousness … thank you very… https://t.co/cI15ZrAJTe

The oil glut is general. There used to be a huge spread btw Gulf coast and Midland Texas. That has disappeared.… https://t.co/CwANw5iCL3

At current prices even the lowest cost shale oil plays in the US are not commercially viable, let alone financially… https://t.co/7mn19TAfDk

Fairweather illiberal? Hungary’s economic is taking a huge hit and the difficulties in Germany suggest it will go… https://t.co/I6WNWtPBoW

This isnt a shock to the Turkish economy like 2018. This is much more serious. Huge test for Erdogan’s regime.… https://t.co/aBP3xPF9kn

Twin balances: the sum of Saudi Arabia’s current account and fiscal balance makes for a telling indicator. Right no… https://t.co/j6m2TDaBWY

Every indicator shows the Indian economy on the slide since 2016. But it has now gone off a cliff.… https://t.co/MHnwTJZclH

Right now we could buy a 51% controlling stake in every major fossil fuel company for $350 billion. We could buy th… https://t.co/xdlT0aHMRv

A beautiful sentence indeed, but is it coffee that perfumes the air? https://t.co/WKEV6YiMvL

Vive l'entente cordiale… Very much here for McVities' French marketing for choc digestives: 'They're English, but… https://t.co/D2ywPBUWQq

@COdendahl @adam_tooze i asked a lot of proausterity people if they really thought that if germany had entered covi… https://t.co/eov4vcv59E

@Robertlewis2000 @chris_harrod @britcultarchive Sorry to intervene here but the folks in that picture are NOT poor.… https://t.co/vPFEBqS8cr

Has Powell’s Fed gone too far? @dscigliuzzo @ctorresreporter @LisaLeereporter plumb the new depths of moral hazard.… https://t.co/Vm6iFOTBkG

Because the (false) claim that we can only afford our massive rescue measures in Germany because we were austere in… https://t.co/OFcyyef7lL

The Fed’s announcement on 9 April changed the game: "none of the fine print really matters, at least not now. Marke… https://t.co/2luUGN805y

Bloomberg economists now predict a global economic contraction of 4% with significant downside risk in case of publ… https://t.co/lvC4uw5GWl