ADAM TOOZE

"When we write the history of the coronavirus recession, we’ll say the downturn started in early March.” The surge… https://t.co/NmX9ULaqZK

Totally d’accord with @Brad_Setser A global dollar shortage is a solvable problem. All the greater the responsibi… https://t.co/m9Ojh7oPU0

The old liquidity swap lines for financial crises become much more difficult to manage in a really multipolar world… https://t.co/k7wDrteHIb

Shutting down California is the US equivalent of China being forced to shut the Pearl River Delta region. How deep… https://t.co/JRnoXEIfuq

Fantastic explainer on the ECB’s operation of the swap lines from the essential @DanielaGabor https://t.co/8NBzOYxjfp

Will swap lines of 2008, crafted within North Atlantic financial system inherited from the 20th century, be adequat… https://t.co/jM1Xp9W6Si

On Wednesday 18th March markets broke all the rules: Stocks slumped again in high volatility, 10-year Treasuries su… https://t.co/jNTAe8tYea

On a frivolous note: top tip for the lockdown. Invest in loungewear! Im reveling in this vintage Cary Grant-style d… https://t.co/HkVIhU8lHM

Amongst the weird knock-on from the corona shutdowns: Fewer goods were shipped out of Asia last month, and now ther… https://t.co/F8BSAmuwm9

This is an excellent @business explainer on cross-currency basis swaps. Masaki Kondo @xieyebloomberg… https://t.co/CNgk3CNz9J

If you wonder what will happen to unemployment in the next few weeks, just look at the most common jobs in the Unit… https://t.co/7DVT2LlGX0

Didnt know the great @akapczynski was on twitter. One of founders of “law and political economy movement”. Most fol… https://t.co/yG6m6TifhT

Treasury yield rising as S&P500 plunges is NOT supposed to happen. When it does it means people are panicking. And… https://t.co/ZZVK49r7x2

Supply chains are totally out of synch: China is beginning to unwind huge logjams of containers precisely as Wester… https://t.co/ZGiwWJM79c

The intensifying global dollar shortage caused first EM and then AE currencies to plunge against the dollar. The No… https://t.co/JuCeJJeCPR

Struggling to calm bond markets, the Fed’s corona-QE is on course to match QE2 of 2010-11 in a matter of weeks.… https://t.co/StN8Dqc6ba

@ummodern @zeithistoriker @jamiemartin2 What the crisis-fighting is currently directed towards is staving off a fin… https://t.co/c1eMzOPNWg

@ummodern @zeithistoriker @jamiemartin2 Absolutely beautifully put @ummodern … precisely on point. And as I was try… https://t.co/OUIdpkXRYG

This is NOT supposed to happen: US Treasuries and S&P500 both sell off. When it does happen it is a sign of general… https://t.co/7BLalHp4aF

On top of the panic in financial markets the real economic shutdown is happening with unprecedented speed.… https://t.co/GqktQjvglh

"In making the difficult choices that lie ahead we have at least gained one degree of freedom. The big idea of the… https://t.co/WGURv77YPt

"Trump Administration Asks States to Keep Quiet About Jobless Figures” The official national figure next Thursday c… https://t.co/6dYVkXpzVq

@GunterFehlinger Sorry if I came across as optimistic. I said ONE degree of freedom and with regard to THE ECONOMY… https://t.co/zzwxg18xt6

"The big idea of the 1990s that “the economy” will serve as a regulating superego of our politics is a busted flush… https://t.co/mgr3qnrkg4

"realization that current pandemic will result in a massive gov spending boost has spooked bond investors. Despite… https://t.co/WU5hq0tbfz

@caseyjohnston @mekosoff Do you have some good ones?

COVID-19 has put another nail in the coffin of one of the great platitudes of the late 20th century: it’s the econo… https://t.co/STIXW7Mo9s

“This removes the support we’ve become addicted too” US equity analysts are asking themselves how markets will adju… https://t.co/ZhYYJdjSrb

Heartwarming moment just now. Stood out on my balcony at exactly six PM, to hear thousands of voices shout 'money printer go brrrrrrr'.

In all previous QE BofE approach has been orderly. But, on Thursday, Bailey unleashed a torrent of bond buying. “We… https://t.co/b8E2OsLH1R

These numbers are still small but corona is a menace to the underfunded and overstretched health systems of sub-Sah… https://t.co/d69biIXoOL

UK’s been through shocks recently but @ChrisGiles_ description of events on Wednsdy is hair-raising! Whilst governo… https://t.co/2DyzW2pnoD

UK’s been through shocks recently but @ChrisGiles_ description of events yesterday is scary! Whilst new governor of… https://t.co/GOOA3YekVB

Search for yield lead Asian retail investors -> some rather exotic structured products which offer larger returns v… https://t.co/oTSdUQhQTn

Where did the swap line $ go? Here are the UK figures. https://t.co/dfJHzDthpL

Find below the emergency numbers in all the 55 @_AfricanUnion Members Sates for Coronavirus. Share them with famil… https://t.co/hhBha0Rs8P