Affirmative Action is Hurting Everybody

by Chris Black Black student drops out of Harvard pre-med because she is lazy.  Then, she writes a whole op-ed on why this is actually an act of resistance against white supremacy. Losers will always find a justification. There are …

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Low Interest Rates Might Be What’s Hurting Growth: Cheap credit does a poor job of weeding out zombie companies that compete for scarce resources.

Economists tend to think of central-bank interest rates purely in terms of their effect on macroeconomic benchmarks such as inflation, output and unemployment. The Federal Reserve’s dual mandate, for instance, directs it to seek stable prices and maximum employment. Mainstream macroeconomic …

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IMF: Trade War Hurting Global Growth, May Cut Expectations a Second Time; “Conflict Gauge”: Dalio’s Proprietary World Stress Meter at Highest Level Since 1940s; Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis”

Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis” “The ‘everything bubble’ is deflating. The fact that it’s happening relatively slowly shouldn’t blind us to the real threat: The world is dangerously underestimating how hard it’ll be to deal …

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