October 24, 2022
One more time with feeling … Italy's primary budget position compared to that of the UK and Germany over the last two decades. ft.com/content/e999ef… https://t.co/wCGgbrqYpa
One more time with feeling … Italy's primary budget position compared to that of the UK and Germany over the last two decades. ft.com/content/e999ef… https://t.co/wCGgbrqYpa
"Slovaks have scavenged so much wood from the foothills of the Tatra mountains bordering Poland that Nová Lesná’s mayor Peter Hritz said his town was “going back 50 years” in heating methods and pollution" ft.com/content/62f81c…
Central and eastern European countries face bigger hit from soaring energy prices -> overwhelmed consumers resorting to firewood -> pollution risk ft.com/content/2f4695… https://t.co/3yrp2pEMc7
The US is the long-term asset supplier to the world: The USD share of >10yr sovereign + corporate bonds issued 2002-2012 = 35% 2017-2022 = 65% 2022 = 80% @RobinWigg ft.com/content/ebe627…
Trouble amongst the wealth managers and private bankers at JP Morgan! shttps://www.ft.com/content/3a4f3808-19fc-4a6e-85b7-ea0df18f079b
RT @Birdyword: Some pundits say if central banks “got ahead of the curve” by raising rates last year, the world would not be struggling wit…
RT @bmilakovsky: Great takedown by @adam_tooze. What I dont get in radical labor liberalization push is whether "reformers" really think UA…
RT @kmac: 1/ Newsletter 🧵! @70sBachchan and I have been talking for years about connections between geopolitics, macroeconomics, developmen…
Unclear whether this footage claiming to be first steps in US intervention in Haiti is for real. Can anyone confirm it? twitter.com/AcrossMediums/…
RT @AcrossMediums: First images coming in of US Marines taking over tarmac of Toussaint Louverture International Airport in #Haiti's capita…
"avoiding a debate over whether our macroeconomic regime is fit for purpose is more perilous than having one." excellent as ever by @MESandbu ft.com/content/6f70bb… https://t.co/uhOsJJCj2v
RT @matoupouco: "you can almost say that a revolution is defined by a moment in which wealth, rather than income, is redistributed" @adam_t…
@jonsindreu @TheStalwart Nice to know @DanielaGabor that @jonsindreu at @WSJ gets it!
RT @jonsindreu: "Did this crisis really show the financial limits that UK governments must observe? Probably not: Had the BOE bought gilts…
RT @70sBachchan: "India is on a sinister path, much darker than most worried citizens foresaw in 2014. Things have gone downhill rather fas…
India is likely to receive offers to build generation capacity in excess of 25gw at its solar auctions this year. Ten times more than any other country. In August it held one of the world’s biggest auctions for grid-scale battery storage. economist.com/briefing/2022/… https://t.co/Tt52AYgKOk
Given events since Feb 24 many of us are revising our priors about Ukrainian state. Not so a group of econ experts at @cepr_org They remain convinced of Ukraine's corruption & limited state capacity -> how to organize the war economy? Shock deregulation! adamtooze.substack.com/p/chartbook-16… https://t.co/5DBVEvKyfo
RT @MikeSington: Guy’s security camera catches kid tearing it up on his driveway almost every day, so he decides to do something about it.…
Financial stabilzation is critical if Ukraine is to continue war effort medium-term. BUT on top of that Kyiv gov backed by @cepr_org experts seems bent on pushing through contentious & redistributive deregulation agenda. Chartbook #163 digs in: adamtooze.substack.com/p/chartbook-16… https://t.co/eDyT0NbeoU
Sun Ra, the Mississippi drought, Agatha Christie & the Fed's losses. on Chartbook adamtooze.substack.com/p/sun-ra-the-m…
Top Links #106 Sun Ra, the Mississippi drought, Agatha Christie & the Fed's losses. on Chartbook adamtooze.substack.com/p/top-links-10…
@IanTowler @DanielaGabor @RobinBrooksIIF Yeah … Ive always thought that "bond vigilante" has far too much of a libertarian feel … actually they are more like death squads or squadistri of the early 1920s. They may dish out the punishment, but the police, the military, the local bosses are all in the know.
RT @IanTowler: @DanielaGabor @adam_tooze @RobinBrooksIIF Seems like an opportune moment for this again… https://t.co/wY9Ea1pShq
@warmatters @AlexAlmeida2020 @whsieh Yeah apologies Matthew. Life … but truly, apologies.
When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival. adamtooze.substack.com/p/chartbook-16… https://t.co/3cxu2MBsr2
RT @MenschOhneMusil: Gert & Uwe Tobias — Eulen (Owls). https://t.co/ot1uJ4E7Vn
The role of soldiers in peacemaking is truly a very interesting topic! twitter.com/TVaisset/statu…
I dont even want to take a strong position on the benefits of deregulation long-term. Maybe/Maybe not. But 1. during a war? 2. placing it on a par with immediate fiscal/bofp/inflation issues 3. adding weight of the @cepr_org author team … hugely contentious it seems to me. twitter.com/SecPerkinsStan…
Methinks @DanielaGabor that @RobinBrooksIIF is asking to be enrolled in the "monetary dominance" camp on BankofEngland. I think we give him the right flank of the hill to defend. 😉 twitter.com/RobinBrooksIIF…
In recent @ProjctSyndicate piece Zizek suggested that war would hold neoliberalism in Ukraine in abeyance. That is too conventional, too 20th-century. In fact team Zelenskiy are pushing deregulation agenda during the war! With @cepr_org applauding adamtooze.substack.com/p/chartbook-16… https://t.co/6VQWvebA1v
How to address the pressure on the Ukrainian war economy? How to pay for the war is one issue. Stabilizing the balance of payments is another. But then a gold plated @cepr_org New Keynesian team also advocate for massive deregulation. adamtooze.substack.com/p/chartbook-16… https://t.co/XKnnH7IbDB
@fugitivephilo In fairness they keep the safety net and strip away everything else.
Pressure on Ukraine's war economy is mounting. Chartbook #163 on the ructions at the central bank and a jaw-dropping set of proposals from @cepr_org team (sorry for CPR typo) adamtooze.substack.com/p/chartbook-16… https://t.co/T1MTDClzkU
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