Financial

Central banks leaned on single models and badly misread the inflation surge Ensemble monetary policy blends many models to create safer, more robust rate rules Teaching and adopting ensemble monetary policy can rebuild trust through cautious, transparent decisions

Trade benefit ratio maps hidden partner losses Heterogeneity stems from supply diversity Policy and education: protect high-ratio sectors, diversify The key number to start the debate isn’t the tariff rate or the trade d

BIS chief warns of hedge fund leveragePost-regulation shift to offshore accounts and non-bank funding

Michael Burry, the Real-Life Investor Behind The Big Short, Bets on Another Market Downturn He Shuts Down His Hedge Fund and Repositions Himself as a Market Analyst and Blogger Big AI Firms Reject the “Bubble” Narrative, Calling It a Natural Phase of Technological Revolution

Big firms helped drive the 2021–2022 inflation surge Granular data links market power and inflation Policy and teaching must reflect this granular reality In late 2022, inflation in the euro area reached a peak of 10.6%.

Booming Incomes, Assets, and Spending Among High Earners Low-Income Households Squeezed by Rates, Prices, and Delinquencies Asset Inequality Poised to Widen Further with Technological Change The U.S.

Export restrictions shift rare earth profits and risks inside producing countries Indonesia and China gain leverage but concentrate benefits in big firms Stronger labour and environmental rules are needed so local communities share the gains

Euro stablecoins can limit digital dollar dominance MiCA rules let Europe steer stablecoins toward multilateral payments Education and public sectors can jump-start euro stablecoin use One number captures the new politics of digita

French fiscal stress is raising the risk of eurozone debt contagion Shocks in France or Italy would spill into Spain, Greece, and the Balkans through banks and bond markets A permanent ECB–ESM backstop is needed to protect public investment, especially education

Earlier investments are being withdrawn, and new acquisitions put on holdPast episodes show how rising monthly-rent demand can fuel overheating

U.S.

China’s Post-Bubble Property Market Still Adrift After Five Years Banks Expand Direct Sales of Collateral Assets to Flush Out Bad Loans Beijing Shifts Toward Policies That Accept Short-Term Shock With the collapse of its pr

US interest costs are soaring and debt is mounting This US federal debt crisis squeezes education and future investment The article urges early fiscal reform that shields human capital In fiscal year 2025, the United States is set to

Stablecoins increasingly replace parts of real-world payment functionsIllicit financial flows continue shifting away from Bitcoin

Shift from petro-currency to electro-currencyRise of digital-currency hegemonic competition

Japan expected to intervene if rates riseYen-carry liquidity could evaporate rapidly

The article expands actuarial neutrality from pensions to the whole public budget It shows how early retirement weakens tax revenues, pension capital, and debt sustainability It urges linking retirement-age rules to public-finance neutrality while protecting vulnerable workers

US tariffs pushed Chinese exports through Southeast Asia instead of stopping them Factories and supply chains there still rely heavily on China Trade policy must target real value chains, not just flags on shipping labels

Rearmament budgets and backlogs—not civilian optionality—drove the valuation surge Dual-use R&D earns its premium by de-risking delivery and scaling deployable systems Policy should fund deployability, embed compliance, and protect targeted spillovers

Q3 Record for Overseas Investment Persistent Capital Outflows amid Weakened Korean Fundamentals Reversal Requires Restoration of Investment Appeal Korea’s economy is facing mounting concerns as the won-dollar exchange rate continu