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Forget the $100,000 investing courses. In 1998, Warren Buffett quietly explained how to never lose money in just one hour. Almost nobody paid attention. The company built on those principles is now worth nearly $1 trillion. This is the closest thing to a cheat code you’ll…
The problem w/MMT charlatans is that they naively take a static equality (assets = liabilities), even a tautology, & forget it is reached via a stochastic process. It is equivalent to saying: there are necessarily always equal numbers of buyers and sellers therefore let's forget…
Hey @LondonCityAir - could you offer an update on conditions this morning? Trying to understand what the likely status of flight LX460 from Zurich is…
A lot of attention on CPI today, but multiple series point to slower wage growth. Hard to have sustained high inflation if wage growth is going back to normal.
📉 New data from the Indeed Wage Tracker 📉 Posted wage growth in the US has returned to its pre-pandemic pace. March data shows annual wage growth of 3.1%, equal to 2019's average.
In my latest contribution (together with Yuemei Ji) we analyse the operating procedures of the @ecb in the past and today. We propose ways to change the @ecb's procedure that will make it more effective and fairer sciencedirect.com/science/articl…
I saw his hearse & his coffin. I saw thousands of Russians paying him their last respects. But it’s still hard to believe that Alexei Navalny is dead. Among his supporters there's disbelief & defiance. Our report from Moscow. Producer @LizaShuvalova Camera @AntonChicherov & team
That's a wrap! If you found this helpful, Repost to share the knowledge with others. Bookmark this post and follow @heyshrutimishra for more.
You would laugh quite hard a decade ago if someone told you the European Commission by 2023 would rate Greek and Spanish public finances above those of Germany or the Netherlands. (Per @business)
BREAKING: a Holocaust survivor just confronted Suella Braverman to say: your hateful language has consequences
Controlling inflation by inducing a recession is like stopping the action on the field until everyone sits down again. It works, but at a cost 3/
Ivan Zaytsev, a Ukrainian soldier, got killed by Russians in the Donbas on Nov. 27. He was an influential urban activist in eastern Kyiv, taking care of how utility services work and what streets look like. All of us here in Kyiv will miss Ivan. May his memory be eternal.
I think it takes me longer to read Adam Tooze than it takes Adam Tooze to write Adam Tooze.
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