Discover and read the best of Twitter Threads about #debtcrisis
Most recents (3)
The @IMFNews & @WorldBank #AnnualMeetings22 are almost over and they left many of us astonished by the unwillingness of the institutions to change in the face of the deep and painful crises we live in.
A š§µof disconcerting quotes:
@eurodad @brettonwoodspr @OxfamIFIs @ActionAid
A š§µof disconcerting quotes:
@eurodad @brettonwoodspr @OxfamIFIs @ActionAid
"The IMF is indeed supporting biodiversity, for instance we have economists that are able to measure the monetary value of an elephant and the value of a whale."
#KristalinaGeorgieva at the Townhall with CSOs. meetings.imf.org/en/2022/Annualā¦
@LeiaLdn @JonSward @niramer24
#KristalinaGeorgieva at the Townhall with CSOs. meetings.imf.org/en/2022/Annualā¦
@LeiaLdn @JonSward @niramer24
@martinwolf_ responding to activists demanding debt cancellation and reparation:
"Is there security?"
@ifresnillo @David_McNair @tim_jones6 @patmirandaBol
commondreams.org/news/2022/10/1ā¦
"Is there security?"
@ifresnillo @David_McNair @tim_jones6 @patmirandaBol
commondreams.org/news/2022/10/1ā¦
The Power of The Dollar š§µ
[a thread for normies -like me]
[a thread for normies -like me]
Long periods of #dollar-strength often ended with massive financial dislocations like the Latin American #debt crisis of the 80s and the Asian crisis of the 90s.
Oppositely, long periods of a weakening dollar came with strong markets like between 2003-2007.
1/20
Oppositely, long periods of a weakening dollar came with strong markets like between 2003-2007.
1/20
Although the #USdollar is not itself an asset, cash is.
The dollar is the most common currency in which assets are quoted and exchanged in #financialmarkets and the economy.
It's the world's reserve currency (for now at least...) 2/ 20
The dollar is the most common currency in which assets are quoted and exchanged in #financialmarkets and the economy.
It's the world's reserve currency (for now at least...) 2/ 20
Many Black Swans are circling over head like vultures ready to rip many industries apart.
A few 5am thoughts on:
#energycrisis #currencycrisis
#debtcrisis
#coal
#gas
#inflation
#blackswan
A few 5am thoughts on:
#energycrisis #currencycrisis
#debtcrisis
#coal
#gas
#inflation
#blackswan
Coal generates nearly 40% of the world's electricity, close to its highest share in decades.
Thermal coal prices are spiking out of control all over the world. Iām some places doubling historic all time highs.
Thermal coal prices are spiking out of control all over the world. Iām some places doubling historic all time highs.
āNatural gas is the fastest growing fossil fuel, accounting today for 23% of global primary energy demand and nearly a quarter of electricity generationā
Again natgas prices spiking out of control and taking power prices with it
Again natgas prices spiking out of control and taking power prices with it
