The R-Word
Fearing a recession is a psychological phenomenon. Experiencing one is a whole different thing. And if fear were the real risk, the recession itself must be of no importance.
Latest
Inflation Killer
A recession is usually been defined by two consecutive quarters of negative GDP growth. But it seems that’s out the window now.
Economic Shrinkage
Once an economy has gotten used to big doses of cheap money (artificially low interest rates…deficits…quantitative easing, etc.), trying to go back to normal monetary policies is painful.
If El Salvador Is the next Sri Lanka, Then Who’s after That?
If we’re headed into another debt crisis and severe global recession, then the chickens of ill-conceived central banker and government policies will come home to roost.
Can BNPL Stocks Be Profitable?
For a nascent industry, ‘Buy now, pay later’ (BNPL) sure has a turbulent history. From humble beginnings as a fledgling sector, BNPL quickly grew into big business.
The Fed’s Secrets
empires need enemies. China is a good one. It’s big. It’s powerful. And it’s a plausible candidate to replace the US as the world’s number one hegemon.
