ADAM TOOZE

“I would expect the level of disagreement to increase, not because people are becoming more extreme, but because th… https://t.co/UQ2dPtpGnd

How the revenue stream of the recorded music industry has been transformed by digitization. Big new thing is use of… https://t.co/Ktko1wYuh1

One of the problems with the “just transition” is that the new skilled manual jobs in the green economy – PV instal… https://t.co/BlRt2nwQJc

"This is not a normal business cycle and investors should not be expecting growth to bottom and then rebound. If an… https://t.co/f8wfoibKvl

The thing to watch is not the Fed’s overall balance sheet but the excess reserve component which has fallen much fa… https://t.co/8cGyRkPDGQ

China’s slowing growth follows the "gradual deceleration outlined in a 2012 report co-authored by the Chinese gover… https://t.co/1rjbW2sdf1

Beijing is trying to reduce north China's dependence on thermal coal, encouraging the adoption of electric or natur… https://t.co/v9Kz31JY5B

“homes are for living in” – the Chinese regime’s efforts to take steam out of real estate market have worked. Land… https://t.co/EMSgtqPopw

Coal companies are used chapter 11 to slash union contracts and future medical benefits for retired workers and the… https://t.co/YsmsTnazwE

In recent cycles in China corporate cashflow as proxied by M1 was a predictor of restocking and a resurgence in gro… https://t.co/YA7kTzjKfy

Thuringia is one of the smallest states in Germany but its politics is remarkable. Linke still polling in the lead,… https://t.co/e1aCFAOuQJ

As utilities shift to gas more than half a dozen large U.S. coal companies have filed for bankruptcy in the past ye… https://t.co/81U8A9Ws5W

Attention all modern German historians. This is a digital download of a crucial conceptual work by Deltev Peukert t… https://t.co/bTpaJ2a07q

China’s clampdown on shadow banking -> monetary loosening measures in regulated banking sector have been fighting m… https://t.co/LdcvnlqQng

With WTI price of $50/barrel, some in shale patch are struggling. Production up to service high debts, but they are… https://t.co/zEORVla0Fi

Around May 2016 when the worst of the 2015/6 crisis were over, Beijiing decided to clamp down on shadow banking = k… https://t.co/9U8N071hVm

Phase II of America’s shale boom is running out of steam. Since July the EIA has slashed its forecast of oil produc… https://t.co/SOUUjF6O4A

Detlev J.K. Peukert, »Max Webers Diagnose der Moderne« (Vandenhoeck & Ruprecht, 1989; @bsb_muenchen, @dfg_public; d… https://t.co/yzr5yOIo9I

In May 2016, People’s Daily published a long piece excoriating China’s economic model, declaring “trees cannot grow… https://t.co/JKvciKno5d

Inflatables… Temporary installation on Freestone, California…1970 by Ant Farm… #architecture #arquitectura… https://t.co/yZnrL8YAd9

Note a few things from the chart: 1) trade started contracting BEFORE trade war erupted 2) initial impact of trade… https://t.co/guBZLUxtc1

There will be a video soon on this, in the mean time those interested can read this paper w @cornelban73… https://t.co/YFLEPndwPl

@EchelonMirror @adam_tooze Yes I agree, VRT & fertilizing based on removal even have reduced fertilizer usage. No… https://t.co/hu1ZbmuP4l

Since 2000 the fertilizer-intensity of American agriculture has significantly declined. Can anyone point to anythin… https://t.co/ytWft7qUo3

Even in EM which experienced generalized catch-up growth 2000-15 the gains in labour productivity were heavily conc… https://t.co/JfcjlVwJgc

What drives EM growth? Chinese domestic economic policy shifts bulk large in this remarkable analytical chart from… https://t.co/pECZh9thqp

Chinese auto sales fell in Sep for the 15th month in 16, extending their unprecedented slump despite gov efforts to… https://t.co/zFmIy2WWbr

The eurozone truly is in Alice's Wonderland: Greece has now auctioned 3 month bills with a negative yield.… https://t.co/jYvlMwevHi

Canada runnign hot: Despite an all-time high household debt-service ratio and a near-record ratio of debt to person… https://t.co/y9T4zL6kZR

Well thats something to look forward to. The Fresswelle visualized … https://t.co/8dnV8WmuAB

On top of the car industry’s other woes there is a glut of used cars coming onto the market as lease’s expire.… https://t.co/d3JUpor6vv

One thing American consumers do NOT fear is inflation! And I dont think that this is telling us that Americans expe… https://t.co/Z7ccgp2IIL

American consumer expectations were divided by political party before Nov 2016, since Trump’s election they have be… https://t.co/4oSfWBtYhm

Since the summer of 2019 a gap has opened up in funding costs for Chinese banks perceived to be stronger and weaker… https://t.co/FCT25Jwe15

We hear lot bout Japanese investment in $-assets. At same time stock trading by foreign brokerages represents > 50%… https://t.co/GwcAcErAwz

The unemployment rate in Greece dipped below 17% for the first time since 2011. Nothing to add to that really ….… https://t.co/WYLREiOYka