In early January he divined that 2022 represented “the year of breakdown”: 2022 is the year that the second-order effects come home to roost: All the risk that has been transferred to the financial system as a whole will generate consequences the Fed and other central banks are unable ...
On December 23, 2022, the US House of Representatives passed theConsolidated Appropriations Act of 2023, an omnibus spending bill authorizing roughly $1.7 trillion in new Federal spending. Included in the monstrous 4,000+ page document was the much-anticipated and long-awaited retirement...
The Labor Department said Wednesday that the consumer price index (CPI), a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.4%in March from the previous month. Prices climbed 3.5% from the same time last year, above the 3.2% figure recorded in Fe...
obviously it's not possible to simply start spending them on your personal things, since it's not your money. So first of all you need to come up with a plan on how to be making them your money. The approach that I was using is this: just wait for the end of year and then dist...
India is one of the cheapest countries I’ve ever travelled to. But not only that, it’s one of thebest valueplaces I’ve visited. Value is important when it comes to travel. There’s no joy in spending $5 on a dorm bed if it’s frequented by cockroaches and dengue-carrying mosqui...
announced stimulus packages including USD 550 billion in new federal investment for modernizing infrastructure are expected to drive construction spending in the country. Similarly, in 2019, the Government of India announced to invest USD 1.4 trillion for infrastructure projects from 2019 to 2023; ...
took a different path concerning how to deal with the pandemic. While lower secondary schools closed during shorter periods from March 2020 until the beginning of 2022, preschools and primary schools remained open even during times of high infection rates. Upper secondary schools and universities wer...