El estado de ánimo del siglo XXI es la sospecha, su marco teórico es la conspiración y su forma-partido es la secta.

Última lectura de l'any de la mà de @xanlopez.xyz. Se m'ha fet curt!

Very interesting data from Bruegel showing the changing geography of clean investment (solar, battery, and EVs) in Europe. Will Hungary and Spain emerge as Europe’s cleantech manufacturing champions?

Very interesting data from Bruegel showing the changing geography of clean investment (solar, battery, and EVs) in Europe. Will Hungary and Spain emerge as Europe’s cleantech manufacturing champions?

Some nice graphs on Chinese trade patterns from the ECB: "Weak domestic demand appears to be the missing link in explaining China’s strong exports to Europe – more so than tariff-related trade diversion." www.ecb.europa.eu/press/econom...

This is absolutely nuts.

Very interesting speech from @isabelschnabel.bsky.social on the future of the ECB's operational framework. Some insights and graphs from the speech in the thread below. www.ecb.europa.eu/press/key/da...

That plot on real exports is brutal. Like a live view of the ECB going through the five stages of grief over the death of export-led growth. Seems we're one projection away from acceptance.

Interesting figures from Philip Lane. The constant downward revision to real exports is quite telling.

No es un grupo parlamentario con brazo mediático; es un grupo mediático con brazo parlamentario. No les interesa resolver este y otros problemas, porque se les cae el bulo que pretenden vender. Que la política no sirve, que nadie excepto ellos hace nada por Palestina, y que ahora toca VP Abascal.

Ein so häufiger Vorgang in letzter Zeit. "Belästigt uns nicht mit eurem Leid und euren Forderungen" - nur um die narzisstische Illusion aufrecht zu erhalten, dass man Israel stützen müsse, um Wiedergutmachung für die Verbrechen der Großeltern zu leisten. Viele "Progressive" entlarven sich hier.

Today, in Berlin's demonstration against the genocide in Gaza, someone hung a banner reading "long live Israel" with an antifascist logo in it. Such an insult to a symbol of antifascist resistance could only happen in Germany.

"Herr Hitler, we support your concern with the quality of human race, but we respectfully implore you to allow the people in the ghettos to have access to water."

Excited to share that I’m starting a PhD at FU Berlin in the EQUALFIN program, funded by the Hans-Böckler-Stiftung! My research will focus on shifts in the IMFS, such as changing dynamics between the dollar and oil prices. If you’re in Berlin and/or working on related topics, I’d love to connect.

🚨 New paper accepted in @JCMS_journal! 🚨 "Central bankers as migrating birds: How inflation shapes the rhetorical strategies of doves and hawks" With Bart Stellinga and Matthias Thiemann Paper: doi.org/10.1111/jcms... Blog: lnkd.in/eNAm9NzA

If the sellside is the last bastion of moral and institutional integrity, we probably deserve what’s coming

Given Trump’s current attacks on the Fed, we should not fall back on defending the policy regime that is partly responsible for the current state of affairs. It is imperative to push our own progressive project. Worth reading @adamtooze.bsky.social here: adamtooze.substack.com/p/chartbook-...

Este articulo parece escrito como si las dos últimas décadas no hubieran existido y pasa por alto la diferencia fundamental entre deuda en moneda propia y moneda extranjera. Conviene recordar que el gasto público destinado al pago de intereses es bajo desde una perspectiva histórica.

El problema del títol d'"economista" és que un cap de suro amb un títol d'ADE, un màster en neuromarketing (lol) i una experiència laboral basada en prometre retorns del 15% sense risc (lol), se'l pot autoatorgar sense que ningú ho qüestioni.

Across 142 routes in Europe, trains are on average twice as expensive as flights On some routes, they are 26 times the price Low-cost airlines profit from unfair tax exemptions, but trains are burdened with VAT, energy taxes and high track fees Governments and the EU must stop rewarding polluters

Algunas reflexiones y datos de interés vía @jordischroeder.bsky.social: bsky.app/profile/jord...

The next step is for these companies to start posting their bitcoins as collateral to borrow short-term in the money markets, in order to fund the purchase of more bitcoins and further boost their share prices. If we're going to have a financial crisis, I want it to be as dumb as possible.

This is amongst the most impactful two minutes of broadcasting I’ve ever seen. By Emma Murphy, International Editor, ITV News. #Gaza

Great graph from the last @irena-official.bsky.social report, which illustrates the centrality of financing costs in renewable electricity LCOE, especially in Africa. Bringing down financing costs for renewable projects is central to boosting the green transition worldwide.

🔍 New blog! International & European monetary systems depend heavily on the US dollar. But when US leadership becomes unpredictable, this creates serious risks for financial stability. It’s time for Europe to urgently de-dollarise our economy. positivemoney.org/eu/update/eu...

DK & FI: We would only like to have solidarity where *we* need it www.ft.com/content/4559...

Tremendous, meticulous, disturbing reporting here on India’s Hindu nationalist government deporting Muslim citizens by literally forcing them to walk the plank into the sea. www.washingtonpost.com/world/2025/0...

"President Donald Trump says he's prepared to tariff and punish countries that challenge the U.S. dollar as the global reserve currency." That's precisely what someone who wants to challenge the global role of the $ would say. ca.news.yahoo.com/trump-defend...

Pure politics of resentment. "If we are not the center of the world, we won't lift a finger".

Sous les pavés, la plage sous les égouts, le baignade Or: Never stop dreaming of a better world!

A common feature across most studies on the economic impacts of climate change is the finding of non-linearity, meaning that economic damages increase disproportionately as climate change intensifies. What we know from the past gives us little guidance for understanding the world we are heading into

Power plants can be negatively impacted by too hot weather. Nuclear plants have reduced electricity generation due to a lack of cooling water. Even gas plants struggle. That drives up electricity prices across Europe. 💡📈 www.euronews.com/2025/07/02/f...

Algunas reflexiones sobre lo que hemos vivido estos últimos meses, con mirada larga. Punto de partida: la izquierda transformadora ya no gestiona una salida progresista de crisis, sino que debe preparar a la sociedad para enfrentar una nueva configuración del poder. Y eso implica cambio de enfoque.

Huge: renewable energy overtakes coal for the first time in Poland. "The country now boasts 23 gigawatts of installed solar capacity — more than three times the 2030 target set in 2021 — largely thanks to a solar energy push from the former PiS government."

The @ecb.europa.eu updated its strategy, but it reads more like self-praise than serious review. 🌍No concrete tools to address climate shocks & impact on price stability ⚠️No serious look at how rate hikes worsen inequality Our @jordischroeder.bsky.social explains: positivemoney.org/eu/update/ho...

Race, what race?

Using a model that didn't include supply shocks, we found that the inflation was not caused by supply shocks.

The ECB present the results of its strategy assessment. Whereas the 2021 strategy review focused on flexibility when responding to shocks, the ECB now argues that a more forceful response is needed. This can have important distributive consequences going forward. www.ecb.europa.eu/press/pr/dat...

Try explaining this headline to someone who isn't a masochist and doesn't follow US politics. www.theguardian.com/us-news/2025...

"- If there was one policy that would be best for your business, what would it be? + We just need the same policies for more than 5 minutes (...) The policies do not need to be that great, they just need to be policies. We just have to have laws in the US and we'll be fine."

Let's fucking go www.ft.com/content/6f71...

Aaaand new paper is out! “Stablecoins and safe asset prices” with the awesome @rashad-ahmed.bsky.social Quantifying the effects pf stablecoin flows on Tsy yields with instrumented linear projections, documenting asymmetric effects of inflows vs outflows www.bis.org/publ/work127...

🚨 Publication Alert 🚨 Out now in @jei-publication.bsky.social with @steffenmurau.bsky.social @agutersandu.bsky.social and Armin Haas: Issuing EU debt despite fiscal rules, what we can learn from the limitations of the EU covid recovery fund, and what it all has to do with a famous cat ⬇️ 🧵

🚨 New open access article 🚨 Out now in Journal of Financial Regulation with Alex Goghie and Matteo Giordano 'Encumbered Security? Vertical and Horizontal Repos in the Euro Area and Their Inherent Ambiguity' academic.oup.com/jfr/advance-...

Hi @isabelschnabel.bsky.social, there's a point that puzzles me from your recent speech. Back in 2022, you argued that a flat Philips Curve justified a forceful reaction by the ECB. Yet in your latest speech, you suggest that a steep Phillips Curve also calls for a forceful reaction.

Finally out #openaccess! Why does the largest trading bloc on the planet have a miniature-sized currency? With Trump, the EU will again much regret this. 🎈We set out to theorise failure and develop a new IPE perspective that foregrounds offshore money. Quick thread 🧵