ADAM TOOZE

I really liked this by @pisaniferry about an unflattened world of new hierarchy. But want him to say more about wha… https://t.co/5cBqubje28

Turkey has two potential points of financial vulnerability — a) the banks need lira deposits to fund lira lending… https://t.co/0D3pG9jwjf

Worth taking a step back on Turkish Lira to note that this currency has trend depreciated for the last 10 years. Un… https://t.co/Pny2Yd5Ngd

The @FinancialTimes has had Martin Wolf's riposte to Vladimir Putin on the "liberal idea" translated into Russian https://t.co/fos6l3CIbf

As lira plunges yet again following central bank boss sacking and then rallies, at some point, don’t you have to ma… https://t.co/scWJFEZI2V

Campaign against Nonsense Output Gaps (CANOO): labor force participation among prime age men (25-49) has been stabl… https://t.co/jkmKmZ1CFi

Campaign against Nonsense Output Gaps (CANOO): one push-back we get is that measures of potential "bend" down by de… https://t.co/4JbEmHq0wx

The policy debacle that followed the financial crisis was also an intellectual debacle for quite a few people, incl… https://t.co/uIvcNbv1Ht

We are so late cycle that JP Morgan and Morgan Stanley are issuing diametrically opposed advice on equity markets!… https://t.co/DHqCCqUJ9f

“When the wet bulb reaches 35°C it becomes impossible for humans to cool their bodies through sweating, hence it in… https://t.co/yPtYFfGKm9

In rise of Sweden Democrats "anti-immigrant & illiberal sentiments have been drawn into political service by rising… https://t.co/JVsWWwrnDe

EM & non-Asian EM in particular have become significantly more financially integrated with world economy: they have… https://t.co/GyjlHaXpjh

The auction mart at Bartholomew Lane in the early 1800s was center of the emerging “property market” in Britain. Fa… https://t.co/tAY8Xnp8Z5

Interestingly EMs involved in ever-expanding South-South trade invoice overwhelmingly in US$. Different story when… https://t.co/OkSiCXE9KW

EME FX intervention no longer relies only on spot market purchases. As they become more financially integrated and… https://t.co/B2cnrouwrZ

"A stronger $ pushes up value of trade credit in EM local currency terms, often in parallel with a general tighteni… https://t.co/p4oI7QCAgj

Countries with large forex reserves tend not to suffer large exchange rate shocks. @BIS_org One can see a lot of d… https://t.co/vFnT3W49Oy

How capital inflows (to inflation-targeting mainly EM economies) coincided 2003-2013 with exchange rate appreciatio… https://t.co/GUIXJ6HnH5

Inflation-targeting AE and EM have reinforced their policy regimes by also accumulating large huge forex reserves… https://t.co/NA5GlQrh1F

Dropping the currency pegs: Intead of exchange rate anchors, Inflation targeting has become ever more dominant as t… https://t.co/ecLyU5Er1n

Can you artificially devalue a currency with forex purchases? Economic theory undecided. Empirics say you can! On o… https://t.co/28Yz0g9Ndu

"in order to support the economy, banks need to be profitable” Profits=main source of capital increases, help raise… https://t.co/EnHfpaCocQ

Unhedged currency mismatch in EM balance sheets -> @BIS_org worries that there will be procylical effects from exch… https://t.co/FA4whHfBrL

@rvanreekum @dewaremerijn actually you are right. this is just a direct cut and paste from @JeremyCliffe essay. But… https://t.co/wWDLgzlK9l

Fire sale risk: Average percentage of investment grade corporate bond mutual fund portfolios invested in bonds with… https://t.co/4osaTxToWB

Once you allow for inflation and productivity growth there is very little movement in unit labour costs in G7 econo… https://t.co/VLHeqdtFr9

Because of the dynamic of economic growth the age structure of electricity generating capacity, especially in coal,… https://t.co/fy7CLV2roZ

This is interesting on Chinese military reforms that go beyond surging spending and fancy new technology. Chinese n… https://t.co/u9QgeLhg9J

“What will survive of us is love” (Larkin). Wrong says Macfarlane in Underland. “What will survive of us is plastic… https://t.co/kLfLNVfhXe

Modern History: Tobias Straumann's 1931: Debt, Crisis, and the Rise of Hitler … some further thoughts. -… https://t.co/ynmkmq39Hk

Wonderful long essay about the South Asian Monsoon – the winds that made Asia and on which 1.76bn people rely.… https://t.co/YH4HvXqhV3

In 1919 Times became 1st paper run a ‘regular daily feature’ on property market: ‘… this awakening of general inter… https://t.co/6yKWXh7lIY

C. 20% of the world’s supply of cobalt, the vital battery metal, is produced by an army of 150,000 Congolese inform… https://t.co/ihLWqoc4yu

The public auction as a means of selling property, land, art etc really took off in London in 1790s with foundation… https://t.co/9rN7wbE10x

Strong market reaction to the bitcoin value after the shutdown of Silk Road, a major digital market for illicit dru… https://t.co/IGGaeyCy31

As scientific teams grow, our model of credit assignment (1st author, last, or everyone else) becomes increasingly… https://t.co/QsCsfdChqJ