All systems go!

Adam Tooze’s Chartbook Newsletter about April’s IMF and World Bank meetings.

Chartbook 440: Between complacency, escapism and cognitive dissonance. Impressions from the spring week in Washington, April 2026.

In one particularly candid, off the record exchange, a well-connected DC/corporate operator remarked to a large table: “We know we are burning the house down. An entire system is being reduced to ashes. Its a historic transformation. But, you know, new growth flourishes after a fire.”