ADAM TOOZE

By slashing revenue from other services and raising variable costs COVID-19 is devastating the stretched finances o… https://t.co/8WLHeTJqsg

COVID has hit America’s private medical system hard: Before crisis BCG estimated 20% of US hospitals and health sys… https://t.co/fOxuc9Z0Y5

Debt crisis with Chinese characteristics. The main recipients of OBOR lending from China look like an A-list of tro… https://t.co/9yO58zxy3l

The Class Politics of the Dollar System By @BuddyYakov & @DominikLeusder is ESSENTIAL reading for the weekend. Als… https://t.co/XTBW7gJlJT

Nationalism and Neoliberal Governance – on competitiveness as a bridge from neoliberalism to nationalism this by… https://t.co/Nv8vSd75eB

Speaking to the people? Money, trust, and central bank legitimacy in the age of quantitative easing By @BJMbraun is… https://t.co/vRE3ic2oj5

On the enormous stresses on America’s health care system exacerbated by failure of central coordination this by… https://t.co/RrfsPf8ox7

Even before the COVID-19 crisis hit 20 % of US health Care system beds were in fragile financial position with low… https://t.co/fVDm7vPvG6

By slashing revenue from other services and raising variable costs COVID-19 is devastating the stretched finances o… https://t.co/n8ZGxcra4W

Before the COVID crisis, 20% of US hospitals and health systems faced material financial risk. Today, our estimates… https://t.co/0UlogyupFc

Debt crisis with Chinese characteristics. The main recipients of OBOR lending from China look like an A-list of tro… https://t.co/7aqIKQ9map

AMAZING NEWS: Mount Sinai's first coronavirus-positive patient has been discharged after spending 54 days at the Mo… https://t.co/F0BN2S41nO

@prospect_clark Thank you

⁦⁦@adam_tooze⁩  : « L’ampleur de la crise s’aggrave de jour en jour, sous nos yeux » via ⁦@lemondefr⁩ https://t.co/R2qN03t4pX

China’s official unemployment rate may be around 6 % but the actual rate is closer to 20% according to this very in… https://t.co/lNj8DWdgZI

Ships would be cheap & slow. Air cargo faster but grounded -> improvised convoys of trucks are traversing the 6000… https://t.co/Jo701jvHa6

“Crisis can give rise to self-fulfilling flight-to-safety dynamics. Such non-fundamental volatility in SPREADS impa… https://t.co/63Is1oD57c

For those who follow monetary policy and #climatechange, pay attention to the news out of Canada. The Chair of the… https://t.co/lQoI77kAz6

@adam_tooze @SoberLook Saving rate spike is because people are at home, unable to spend except online shopping and… https://t.co/uHxpAAgXjz

Essential workers in NYC are almost 2/3 women, 1/2 immigrant and 1/3 Black & Latinx & White @FiscalPolicy00 Via… https://t.co/jF5gxUFb3S

US air passenger numbers are down 95% since early March. Never thought I would feel nostalgic for JFK …… https://t.co/ussMoyMRey

It isn’t just big US banks that are building loan loss provisions. Regional banks are acting too. Close to local in… https://t.co/KmsOeU3wlB

Falling investment in copper exploration driven by fall in commodity prices is bad news for energy transition which… https://t.co/fh8QAqeu4Y

Pemex, Mexico’s oil giant, is under huge pressure. More than 85% of its output was not hedged. @TS_Lombard via… https://t.co/BAPacclBj8

Given the collapse in world trade the big exporters are going to hurt. South Korea’s exports are down 24 % on same… https://t.co/lJE29r9Upr

Something suggests that the eurozone unemployment rate may not be a good guide to economic activity right now! In I… https://t.co/edGtLqXfTw

The German short-time working system (Kurzarbeit) is currently accommodating 7.5 m workers! @PantheonMacro via… https://t.co/qluByZK4no

Despite its excellent short-time working system, Germany has seen a huge spike in unemployment = unlike anything se… https://t.co/JXiSwXKFca

It is all about consumption and the American household. @MorganStanley forecast for 2020 driven by huge swings in c… https://t.co/WG7uBxnchB

More on TLTROs. Early estimates suggest large take-up and maximum benefit for most peripheral banks, as the new len… https://t.co/pbmJfx5Ex6

Banks are taking what they can. Which is why so many US banks reported earnings in the narrow margin between zero a… https://t.co/LzQVy409cA

@adam_tooze @SoberLook Slow growth or stagnant economy before Covid19 High unemployment and low capacity utilizati… https://t.co/heaC23lt8O