ADAM TOOZE

Im finding it really interesting to follow @DovSFriedman reading of Crashed. Thanks for making the connection to De… https://t.co/EbjfNthGSY

"Economic output in emerging markets is forecast to fall 1.5% this year, the first decline since reliable records b… https://t.co/2Cz2hQktS2

Eurozone corona life support measures are large but consist mainly of indirect/loan guarantees etc. Austria is the… https://t.co/y1Ze0nQNCi

The hit to the heartland of the Italian economy has been dramatic. GDP down. Electricity consumption down.… https://t.co/97gynlf7yO

What makes US stimulus distinctive when compared to Canada (as to Europe) is the heavy share of direct stimulus v.… https://t.co/zUg1wiTJyj

Smaller businesses will have the hardest time coping with the corona shutdown. Most likely to suffer scarring. In U… https://t.co/QqWDzTPjRH

In Los Angeles County, daily output has fallen 35% due to business closures. In Manhattan, it is down 25%; in Cook… https://t.co/R3bKq9vGxz

@PatPorter76 @politybooks Looks fascinating. Going to order straight away.

29% of the U.S. economy has suddenly gone idle amid the coronavirus pandemic: "an unprecedented shutdown of commerc… https://t.co/xhTxAq1Zwa

Rice prices may be spiking, but this is not 2008. Stocks are at far higher levels. The price spike is being produce… https://t.co/d3Zic9nvaJ

L’Europe a besoin d’une avant-garde pour organiser la réponse budgétaire a la crise | Avec ⁦@b_judah⁩ https://t.co/P8xfUMNIkm

The debate on "Dollar shortage in EM" is building in global policy circles, even as cross-currency basis normalizes… https://t.co/AkUwk91P1K

The staggering outflows imply a EM crisis in the making that will later impact the world economy. 84 countries alre… https://t.co/Q5ItiuBsrb

A MAJOR call for concerted global action at the G20 level in response to the global pandemic. Gordon Brown… https://t.co/UNXyE1Acdc

Unlike in 2008 we have had good harvests of wheat and rice. But precautionary stockpiling and export bans could cre… https://t.co/xfmq0F8iVV

73% of Americans have seen their income hit by COVID-19. @FT – @pgpfoundation finding. @LaurenFedor @ChristineZang… https://t.co/vlUBfpgFzz

@borghi_claudio @GuyChazan @gideonrachman @FinancialTimes Agreed. But the key question is what kind of fiscal const… https://t.co/0oHTltVAgq

Predicted unemployment rates for US by the summer, exceed worst years of the 1930s recession. The trillion dollar q… https://t.co/8li18Z9zu7

In terms of discretionary on-budget fiscal policy US stimulus is very large. More than three times that of EZ Big 4… https://t.co/PGOBKLNqEv

In 2020 Fed’s asset purchases will more than match the expected massive deficit. No doubt it will buy from secondar… https://t.co/neJrMaoUbn

Corona crisis has tumbled 1/3 leveraged loans in Europe or c. 70bn euros into a distressed state. https://t.co/b2JsaC1O4z

There was QE1, QE2 and Q3 … and then along came QE3 and ate them for lunch. We have never seen anything like the bo…

The surge in distressed leveraged loans in Europe in a matter of weeks has been breathtaking! https://t.co/b2JsaCjpt9

Eurogroup meeting today: Finance ministers from Netherlands, Germany and Austria should acknowledge that Italy has… https://t.co/oJXsI0NWnK

The Bank of England is buying some £4.5 billion of UK Gilts today so in net simple terms we are buying some £1.25 b… https://t.co/ydj9aIseqz

Social distancing in the US appears to be a partisan matter: All states where people have cut travel by more than 4… https://t.co/9dcTTbTXcE

Brits are having a debate about “monetary financing”, fussing over distinction between QE in secondary markets and… https://t.co/V8AjTomKcQ

The outflow from the EM in 90 days in 2020 is equivalent to the worst yearly figure on record. Chew on that. Half t… https://t.co/LoDsNxSnKC

$1tn in US asset backed securities are made up out of car loans, credit cards and other consumer lending, default r… https://t.co/xMd54bI4Yb

COVID-19 may upend governments. It may fundamentally change the social compact. It may remodel the world trading sy… https://t.co/lwd9I8nv46

The Fed has been remarkably innovative in expanding support to investment grade companies. But will this help those… https://t.co/e7s6TLx3x9

The US Treasury market is the foundation of the global financial system. In the COVID-19 crisis it was initially a… https://t.co/7c3XLTxxrB

Something went wrong in the US Treasury market, the foundation of global financial system, starting on 9 March 2020… https://t.co/neNSt1qGUS

@adam_tooze @JARennison @rbrtrmstrng post 2008, these bonds have very high credit enhancements, which protects most… https://t.co/PRQl5pMKqv