be like Olan, post more interesting threads with memes on bluesky!
be like Olan, post more interesting threads with memes on bluesky!
The Trump administration's plans to use the Development Finance Corporation to insure oil tankers in the Gulf to the tune of 350bn dollars has again drawn attention to how states try to respond to emergencies when they are subject to fiscal constraints. A 🧵
www.ft.com/content/6dde...
>>Mein Bürgergeld wurde gekürzt, weil meine Mutter mir mit Lebensmitteln aushilft. << M.s Leistung wurde um 193 Euro gekürzt, weil ihre Familie gelegentlich für sie einkaufen geht. Ein Skandal!
Im Nov. stand ein Sachbearbeiter bereits das dritte Mal vor M.s Haustür. Er behauptete, auf ihren Kontoauszügen seien keine Abbuchungen für Lebensmittel zu sehen. M. erklärte, dass sie ab und zu Lebensmittel von ihrer Mutter & Schwester erhält. Kurz darauf wurde ihr Regelsatz um 193 Euro gekürzt.
Shoutout to Fanny Chaltiel for producing and editing a beautiful video that I only had to self-cringe at a little bit, Olan for being a great interviewer and @steffenmurau.bsky.social for the production assistance 🙏
see behind the scenes below!
Timely now that even the Bundesbank is coming out in favor of joint EU debt: www.politico.eu/article/bund...
At the OBFA-TRANSFORM group, we sometimes do videos on our publications - now it was my turn, with @olanmcevoy.bsky.social interviewing me on our paper on the Recovery and Resilience Facility and the limits to incremental fiscal integration in Europe!
www.youtube.com/watch?v=qT7P...
“Those who want to translate their nativist politics into monetary precepts have failed to reckon with the credit-based, offshore, nature of money today.”
@steffenmurau.bsky.social on year one of Trump’s economic policy and the future of the world dollar
www.phenomenalworld.org/analysis/tru...
Insider/outsider? Rogoff was at Harvard, in IMF circles, in the top journals... Yet here is a narrative that postures towards being an outsider arguing against the consensus it helped build. www.ineteconomics.org/perspectives...
anecdotal evidence from my masters cohort being that people are starting to apply to phds because they can't find jobs elsewhere🫡
i don't wanna be on X but on those days I do miss it
nothing like a good tooze portrait to give me energy on a friday
www.theguardian.com/business/202...
📝 Our report on the transformation of South Africa’s monetary architecture (1983-2024) co-authored with Mark Swilling for the National Planning Commission of South Africa has been launched last week! 📝
Find the full report here: www.nationalplanningcommission.org.za/assets/Docum...
The study: papers.ssrn.com/sol3/papers....
The online tool: monetary-architecture.com
Internally we always joked that this is the "balance sheet monster" paper, and many devils were definitely hiding in the details! Happy to have been part of this long journey 🥰
Diving in is very worth it for everything you ever wanted to know (and more) about the GFC and Eurocrisis ⬇️
balance sheet nerds assemble 🔥
💔
Everything you've ever wanted to know about the balance sheet dynamics of the global financial crisis and eurocrisis!
it was great to be part of this huge paper and I learned so much! We also have a handy little (big) online tool to guide you through it, more to come 👀
monetary-architecture.com
📣 News from the OBFA-TRANSFORM project 📣
Our Emmy Noether research group is fast approaching its halfway point and we’ve recently received confirmation of funding from @dfg.de for the second project period from 2026 to 2029 🎊
That's why we are launching our new website at obfa-transform.eu
only youtube so far!
things are happening in the OBFA-TRANSFORM film studio today... 👀
@steffenmurau.bsky.social @olanmcevoy.bsky.social @ fanny without bluesky
es ist so eine tragedy in paris immer in super bougie hipster läden gehen zu müssen um einen trinkbaren kaffee zu bekommen...
nice, thanks! I did come across the Monnet paper but didn't know there was a whole issue on it.
more than 24 hours later, in patras. only one change in mode of transport away from athens. the ferry was late, meaning that the 2 hours budgeted in to get from the port to the bus terminal weren’t enough. nice 30 min walk still. (local bus was delayed and i didn‘t want to gamble on it coming still)
navigating a port as a foot passenger is very confusing and despite having 6 hours between my train arriving and the ship leaving i was pretty stressed and happy i made it to the right terminal. still enough time for 1-2 macchiatos, reading a bit, staring into the distance in the mid-day heat haze
this morning i took the train from bologna to ancona, where I am currently waiting for the ferry to patras. To bologna (where i spent a week since it was sort of on the way) it was 11 hours by train, 13 after factoring in german train delays.
uhh du hast einen platz bekommen, nice!!
"Die Veränderung der Welt durch Internetkultur betrifft mittlerweile nicht mehr nur Einzelersonen, die einfach mal Gras anfassen sollten. Internetkultur ist keine Nische mehr, die man wahlweise ignorieren oder als obskuren Quatsch verlachen kann..."
the mid-transition concept has been living rent-free in my brain
Rüstung verdrängt Klima - nicht nur in der Debatte und beim Geld, sondern vielleicht auch bald beim Buhlen um Fachkräfte. Ich hab mir angeschaut, wo die Aufrüstung dem Klimaschutz entgegensteht, und in einigen Berufen wird es knapp.
taz.de/Kampf-um-Fac...
🔥🔥🔥