
QE in Eurozone has spilled…
QE in Eurozone has spilled over into bond purchases mainly in US/UK https://t.co/AKJ49e7JaQ https://t.co/lU657EEGz8
QE in Eurozone has spilled over into bond purchases mainly in US/UK https://t.co/AKJ49e7JaQ https://t.co/lU657EEGz8
As Trump admin fires salvo at China, Silicon Valley is no longer on war path over IP.what are long-term trade offs?… https://t.co/kvXEIYGF9g
For India to engage in large scale currency intervention it has to pay high pice for domestic monetary sterliizatio… https://t.co/A1pXqjQhfQ
@Brad_Setser yup. Placement in txt is a bit off. Thanks for highlighting paper. It's really rich.
Is Coeuré comparing like with like? @Brad_Setser EZ data is net purch by foreign, US is net purch NOT the same… https://t.co/X9mSEVCJjU
Weidmann for the ECB? Question should be “Where we you in 2010-11?” Weber-Stark-Weidmann axis was a disaster!… https://t.co/odhOac5HRg
Weidmann for the ECB? Question should be “Where we you in 2010-11?” Weber-Stark-Weidmann axis was a disaster!… https://t.co/odhOac5HRg
Weidmann for the top job at the ECB? An overly sanguine treatment from @business this isn’t about turn taking!… https://t.co/PBvhVmpmtW
How America’s ramshackle benefit system disincentivizes work at low wages @M_C_Klein https://t.co/jXYR2jd3eJ https://t.co/sSOgE6bdWH
Low wage growth —> labour share weighted consumer price index is lower even than general index… https://t.co/741kH3Th1s
Perversity of US benefit system strikingly revealed by marginal effective tax rates facing those on low incomes… https://t.co/IhQF3fuaFD
Labour intensity of various branches of consumer spending in the US – housing lowest @CreditSuisse @FTAlphaville… https://t.co/GEM7VlwSoD
Canadian retaliation for Smoot-Hawley 1930 https://t.co/NNVNu1ZNOA https://t.co/eGKryp1yCT
One driver of disastrous Smoot-Hawley tariff of 1930 was Smoot’s desire to ban import of Lady Chatterly’s Lover… https://t.co/7sYyd5q94A
Almost 600 people were rescued by the Spanish Coastguard in a single day last week – their busiest day since 2014.… https://t.co/xC74P6jjYg
Protecting the goldfish industry: the Smoot Hawley 1930 tariff disaster and Congressional logrolling… https://t.co/3VDyWfCipL
On the mormon church, beet sugar and the protectionism of Senator Smoot as in Smoot-Hawley 1930… https://t.co/hflpC69tQR
Georgione's Pastoral Concert Manet's Dejeuner Sur L'herbe https://t.co/wH5eEw85vW
Profit as share of value added has surged since 1980s in US strongly suggests increased market power w/t… https://t.co/J42AkhFmwC
Are profit margins in the US at an all time high. YES they are even if you allow for foreign turnover… https://t.co/n1GTfcLsWq
On Shenyang & China’s North Eastern rustbelt. Province of Liaoning contracted by 2.5 % in 2016… https://t.co/JbIEEYjJvI
@ewaldeng I agree. But austerity is something US and EZ share after 2010. Monetary policy was difference that @Brad_Setser was highlighting.
astonishingly germany is still tearing down villages to make room for lignite mining. https://t.co/XL5lVjVf5m
@porszag @JoergBibow thanks for the link. might you be available for an interview by phone/skype/facetime or in person in NYC?
Failure of BoJ/ECB to follow Fed lead Nov 2010 —> QE sparks talk of currency wars rather than coordinated reflation… https://t.co/bckwZcjIdm
Toxic coordination: G20 Toronto June 2010 AE to coordinate HALVING of deficits by 2016 and stabilization of debt/GD… https://t.co/vURWoC5R5j
The safe assets shortage post crisis and declining interest rates Caballero/Farhi/Gourinchas sum up… https://t.co/QVQi0XTj7w
The face of trade politics in the US is white – how race and protectionism intersect FASCINATING from @A_Guisinger… https://t.co/QsK1bbnT4v
Death and sickness attributable to use of coal in EU power generation https://t.co/3kPjkhwk75
Trump as Militarist not Isolationist: rtrecommend reread of excellent piece by @stephenwertheim… https://t.co/126SFziLWN
@Brad_Setser @georgemagnus1 Given the build up of dollar liabilities during QE phase the unwinding of that faced wi… https://t.co/LI9mIpgak9
@Brad_Setser @georgemagnus1 Well if you have big unexpected exchange rate movements and currency mismatch in balanc… https://t.co/0ztu5OtDNi
@DomWhiteUK @Brad_Setser @georgemagnus1 yup … even better if we could weight by some estimate of unhedged exposure… https://t.co/k0wDxwPrfR
@JoergBibow well yes … plus “inter-generational equity” etc … I’m a bit more Nietzschean I think: birth of austerit… https://t.co/6OJZrgxaos
Whereas German anthracite production has ended surface mining of filthy lignite continues at high level… https://t.co/tuWileHYzl
Skeleton in Europe’s environmental closet: German/central Europe lignite belt https://t.co/wX5QoQbFp2 https://t.co/Rij1vStzwg
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