ADAM TOOZE

Americans opting out of citizenship and the IRS reporting requirement. https://t.co/otyYiH0jrU

The banks that British business relied on for finance in 2007nhttps://t.co/SQtC2xjAIj https://t.co/U0mBWwWib6

BofE view of QE trans, mech. Not through increased reserves & loans but thru asset prices.nhttps://t.co/766T8T6vt9 https://t.co/Bz3ta588xm

Estimating effects of QE in UK using a new, balance sheet driven macro modelnhttps://t.co/766T8T6vt9 https://t.co/6HdwCwy2mb

With Eurozone in crisis June '12 there was strong cor. between bank capitalization and borrowing costs https://t.co/Qir9GLG2ar

BofE graph on bank funding costs: note severe spike 2011-2012nhttps://t.co/GQ0PsAL9RU https://t.co/ZzGw6s7rDs

Where global investment banks made their money in 2013 https://t.co/pNpobYvzNQ

eurozone inflation expectations slide downwards nhttps://t.co/GQ0PsAtz0m https://t.co/vIpKgThanE

Williams of SF Fed warns there may be fundamental shifts underlying low interest rates that Fed does not understand https://t.co/20bXa5rNj6

New book "The Ottoman Endgame" is a sweeping account of the last years of the empire https://t.co/djOorMlQJ6 https://t.co/PLiuB3IEOP

The buyer of last resort: The Genesee Land Bank that propped up collapsing housing market in Flint Michigan https://t.co/Cf9Nb2gQYU

Racially selective impact of mortgage crisis in Chicago. Vacancy and dereliction concentrated in black areas. https://t.co/vrZxzvAcPx

In the rustbelt the property bubble burst already in 2005-6. Mean price in Cleveland fell from 85k to 15k by 2008! https://t.co/qJE8OmhQCE

NEO CANDO GIS system used to target demolitions in Cleveland’s Slavic Village, where Deutsche Bank was slumlord https://t.co/PRKA8w8adQ

Boarding up a city: Cleveland https://t.co/aYI4rnvpwH

Razing urban decay in post-crisis America: Cleveland’s demolition program for vacant properties. https://t.co/Qnt6O8u79E

Taking the BIS approach one step further: UK econ as net of agent-agent financial connect. nhttps://t.co/FAguQ9LmpO https://t.co/AHKKtd6Wd2

UK’s overgrown financial system in international comparison nhttps://t.co/FAguQa2Xhm https://t.co/4U67h7uftZ

BIS transformative remapping of global econ: gross financing flows v. simple macro of savings & net current account https://t.co/LulzTqWfDL

Gross capital flows dwarf net current account balances https://t.co/PxYMkSgH8Q

Why "Chimerica" was not the story: Financial flows US-Europe-Asia with Eur. as pivot rather than the Asia-US axis. https://t.co/x1hLh3qGgd

US MMF as the key barometer of crisis: pulling out of US banks first in 2008 and then European banks in 2011 https://t.co/pT7AuENRVw

The essential nexus of the financial crisis: the interlock of European banks and US shadow banking https://t.co/bvE2ovWq4f

Consensus economy at its limits? Deutsche Bank asks: Will German wage growth squeeze profits & squeeze investment? https://t.co/hYJbxLcU9H

Compression of wage share in Germany since 2000 above all in construction and manufacturing https://t.co/dYeW0zavrQ

Striking parallel between the surging profit share in Germany and other Eurozone imbalances! https://t.co/Z1ZoRLpvWW