by Adam Tooze in Chartbook 380...They characterize Trump’s politics as “end times fascism”, a politics which rather than constructively seeking to form a li ...| omega.ngo
by Adam Tooze in Chartbook 325...The crisis consists precisely in the fact that the old is dying but the new cannot be born; in this interregnum a great var ...| omega.ngo
by Adam Tooze in Chartbook....As the World Migration Report for 2024 confirms, the Mexico-US border is by some margin the largest single corridor of country ...| omega.ngo
“The market for U.S. government debt (Treasuries) forms the bedrock of the global financial system. The ability of investors to sell Treasuries quickly, cheaply, and at scale has led to an assumption, in many places enshrined in law, that Treasuries are nearly equivalent to cash. Yet in recent years Treasury market liquidity has evaporated on […]| ADAM TOOZE
Politicized memory plays strange tricks. To listen to influential Western voices in 2023 you might imagine that China emerged in December 2022 from long confinement in a zero-COVID prison, a regime dictated by the vanity of Xi Jinping, a regime which inflicted years of comprehensive and repressive lockdowns on a hapless population and revealed the […]| ADAM TOOZE
Europe’s centrist political class is looking anxiously towards elections for the European Parliament in 2024. What they fear is a “lurch” to the far-right. In Germany the AfD has surged to joint second place with Chancellor Olaf Scholz’s SPD in the polls. At 19 percent the AfD’s support is roughly twice what it was at […]| ADAM TOOZE
China’s economy is in trouble because its authoritarian demons are catching up with it and paralyzing the private sector. | ADAM TOOZE
Is Russia’s war economy on the brink of crisis, or settling into a new “long-war” mode? | ADAM TOOZE