ADAM TOOZE

Is frontier bond issuance a QE, dollar-glut, yield chasing story, or, as this IMF data suggests, a secular growth s… https://t.co/n02gGqGTqM

Campaign against Nonsense Output Gaps (CANOO): all monetary unions have regions that do poorly, including the US wh… https://t.co/jhfFIwMDCv

As we are watching #UkraineElection2019 don't forget the dramatic reorientation in trade towards #Europe away from… https://t.co/mI9pqOwb2B

If you want to understand why the US government fails to tax the wealthiest Americans, one key is to understand the… https://t.co/NGmztdaXP5

For China’s small banks to increase core Tier 1 equity ratios to 10.5 % & hold adequate capital v. 50% of on/off-ba… https://t.co/WGnPC7RbVC

"the dream of a perfect information system that overcomes finance is doomed by its own imperfections.” Im late to t… https://t.co/jkWkdiWW3k

Little wonder that the Chinese economy slowed in 2017-8 given the severe squeeze on shadow finance particularly fro… https://t.co/0i8WYCJYAR

After the largest construction boom, and the largest urban migration in history, is China about to see the emergenc… https://t.co/PnOTMOTYEY

China’s inclusion in global bond and equity indices may drive an inflow of c. $450 bn from index funds … with unpre… https://t.co/NI4SxAX4dg

Want to know who actually owns Huawei … follow this link rather than the one given in the earlier tweet! https://t.co/a7JNbWQu49

WHO OWNS HUAWEI? @BaldingsWorld & @donaldcclarke on the conundrum of a nominally worker controlled conglomerate tha… https://t.co/7noygSKAN1

South Africa, Hungary, Malaysia, Poland and Colombia have in common that an unusually large share of their local cu… https://t.co/iRlNclMz5f

“In connection with the centennial anniversary of the Federal Reserve in 2013, the Board undertook an oral history… https://t.co/oHZX4vP0R9

So far passive ETF makes up a small part of EM investment (right scale). But IMF is worried that as that share rise… https://t.co/FzGSQkZuZq

Insurers are a key link in the Eurozone doom loop, holding both 16% sovereign and 23% bank debt.… https://t.co/9QXxOo9rDH

The Eurozone doom-loop between banks and domestic sovereign debt is not uniform across the zone. Italy is in far m… https://t.co/DSyzLkYiIl

In 1840 women in Sweden had the highest life expectancy: 46 years. Since then the record life expectancy increased… https://t.co/8ux54OOLO5

Fantastic thread from @BJMbraun on the truly jaw-dropping naivety of Jamie Dimon’s letter to shareholders. https://t.co/MTYF3Dzc7b

Given that employment to population ratio has improved since the crisis in the US only for lowest rung of labour ma… https://t.co/VyPqC7xFSv

The IMF’s reiteration of the basic facts about Eurozone financial situation in the GFSR April 2019 makes for famili… https://t.co/2usXuQ1QiQ

There are 299 electoral districts in Germany, this is how their average incomes are distributed between East (brown… https://t.co/hsYQMS59IH

There are 299 electoral districts in Germany, this is how their average incomes are distributed between East (brown… https://t.co/ZJUGXaRfQW

The IMF is still worried about the US corporate bond market. Its growth, its composition, its quality, the scale of… https://t.co/h0FWEB2DxX

IMF worries about the US debt market: investors in IG have credit rating restrictions and there is a LOT of BBB; E… https://t.co/1G75hFKeXR

"It's only a matter of time until Fox News commentators start warning that a Democrat government will turn the Unit… https://t.co/q6oSpZwSWE

Dec 2018 gave us a taste of what a sudden stop in corporate leverage and HY loan issuance might look like. Data fro… https://t.co/mILNEe1XoD

Despite improvement in capitalization, the European banking system remains a deadweight on its economy. Comparative… https://t.co/1PlrATDeXP

If there is a sharp slowdown and corporate debt runs into trouble, the US situation may be bad, but surely European… https://t.co/Z2kbAXNB3Y

Important to recognize that doom-loop in Eurozone always involved more than just bank-sov. It also involved insurer… https://t.co/MPlpcyslrh

South Africa’s Eskom electricity utility is a bankrupt disaster that threatens to blackout country and unleash a $3… https://t.co/KHYRc6mYku

IMF April 2019 Global Financial Stability reminds us that the bank-sovereign doom loop in Eurozone and particularly… https://t.co/JNQI8LOyJ3

"the problem, from the French perspective, is not Ms Merkel. It is what comes next.” AKK’s foray into EU politics h… https://t.co/G8PXGeRuWI

IMF calls the US: “late stage of the credit cycle”. The dashboard is flashing red. IMF GFSR April 2019.… https://t.co/kikzBTSZwf

Comparison of Chinese and Indian income distributions makes clear the gap between the two great Asian success stori… https://t.co/cshJ5yqzxI