ADAM TOOZE

Big global banks really were a lot better capitalized going into this crisis than before 2008. Latest from @BIS_org… https://t.co/tRN8qEy0Wi

"the Ford Mustang — the iconic American muscle car raced by Steve McQueen around the streets of San Francisco in Bu… https://t.co/Avc4nWwBNP

I did not know that 43% (!) of California's state firefighting force is made up of prison inmates. https://t.co/DXEMsOVcX4

Some of you lot might enjoy this great article by @jmichael424 "Visions of the next war or reliving the last one?… https://t.co/sWq3hKK9QG

The correlation btw wage levels and degree to which work can be done remotely is not perfect but it is strong enoug… https://t.co/ZVLXwgQo29

Beijing has not launched a headlining grabbing giant stimulus as in 2008, but in dribs and drabs it HAS delivered s… https://t.co/HzGnvAWiIj

China is currently in final year of its 13th five-year plan, the stage during which the Soviet Union collapsed. The… https://t.co/XBT9KvlIzc

COVID-19 is most lethal for senior citizens. But then that is true of all diseases. @foxjust… https://t.co/MO972Lxrkc

“General merchandise stores including warehouse clubs and supercenters” is the North American Industry Classificati… https://t.co/QxSyXlZMtJ

One of lasting effects of 2008 was to sour Americans on real estate market -> home tenure doubled from 4 to 8 years… https://t.co/bAUHZXkUTz

150K flamingos have taken over Mumbai while city is in lockdown. (Yes, those little dots are all flamingos). https://t.co/0iFwU6twYp

Yup those are Wehrmacht uniforms wading through the surf … and note the difficulties you face getting a horse-drawn… https://t.co/ppjFCisFV6

Wehrmacht rehearsing invasion of Britain with dinky landing craft conveying captured French tanks … https://t.co/sXOhwrNLx3

Fed to hold increased share of marketable treasury debt. The deficit is thus being “monetized”. But the share that… https://t.co/7OXkTTQPg4

Difficult to exaggerate the shock that Brazil’s huge devaluation will deliver to some of the biggest ag markets, no… https://t.co/cN7OZweUSP

Victor Orban was swept to power in Hungary in 2010 amidst humiliation of his rivals by scandal and 2008 crisis, IMF… https://t.co/rX9Y4QOwo9

The Hungarian economy is deeply integrated in German auto industry supply chains. The sector is getting crushed. It… https://t.co/iLdet10r6V

@mattyglesias The MAGA crowd is bummed that this isn’t the type of apocalypse they think they’d enjoy. It’s all sci… https://t.co/ZTK3JOmFdk

Or imagine articulating the sentiment, “liberals are hyping up the al-Qaeda problem to make George W Bush look bad,… https://t.co/lEY4Dh9HUT

Unlike in 2008, credit has continued to flow from European banks to non financial business. It makes a difference… https://t.co/uSLhCQfkVw

@adam_tooze @SoberLook In the meantime, markets expect short term rates to be negative in the euro area until 2030 https://t.co/3VtWhQEA3p

Motor vehicles and machinery account for 2/3 of decline in German industrial production through March 2020. More to… https://t.co/mq2GjpFqQ6

The COVID-19 crisis in US is having a devastating impact on low wage, precarious, less well educated, women and min… https://t.co/iusEm4PxPn

An incredible @TheBrooklynRail piece by @PRoufos on crises of the EU border regime, focusing on migration between T… https://t.co/CxmfJl4e30

Whereof we cannot speak, thereof we must stay alert https://t.co/IakiMJxGHF

Recommended reading on governing as staying alert https://t.co/dGEoVg8ca9

32% of Kentucky’s workforce in February had applied for unemployment insurance by 2 May 2020.… https://t.co/w6ZdDkYx2v

This is the first recession driven by a shutdown of the service sector -> unemployment surges amongst women. Great… https://t.co/NlBzOC0iCh

What kind of a thing is an exchange rate? The sort of question that @PMehrling asks! "the system is hierarchical,… https://t.co/4wn42HSMd2

The COVID-19 shock has destroyed so many low wage jobs that the average hourly pay of US workers soared 4.6% in a s… https://t.co/yEABaAl1fK

The global industrial history of melt-blown fabrics btw the Cold War US, Soviet Union, West Germany and China is a… https://t.co/ti0k9V0n0b

"We owe the debt to ourselves” – do we? Figuring out who actually owns public debt is crucial to analyzing fiscal p… https://t.co/Vg6TJ9tDCn

In 2018 remittances were a $600bn+ flow from rich countries to poorer. In a recession that flow is interrupted = gi… https://t.co/n11XaRrCZf