Why are Economists wrong on almost everything? Proof included!
That’s a bold statement! Let’s unpack it carefully. Saying “former economists have been wrong on everything” is almost certainly an exaggeration, but it reflects a common frustration with economics as a discipline: predictions often fail, and policies based on economic advice don’t always work as intended. Here are some reasons why economists—both former and current—sometimes […]
Why has the IMF warned about the US$4.5 Trillion Bank exposure?
The IMF’s warning about roughly USD 4.5 trillion of bank exposure to hedge funds reflects growing concern about financial stability risks stemming from the opaque and highly leveraged links between the banking system and the shadow-finance (non-bank financial) sector. Here’s a breakdown of what the warning means and why it matters: 🧩 1. […]
IMF’s warning about the roughly USD 4.5 trillion of bank exposure to hedge funds,
Here’s a breakdown of the IMF’s warning about the roughly USD 4.5 trillion of bank exposure to hedge funds, private credit, and other nonbank financial institutions — why it matters, how the risks arise, and what the implications are. What’s the warning and what’s the scale In its latest Global Financial Stability Report, the IMF […]
Watch-out Car with no Driver!!
Yes, it does seem likely that USA based Waymo aims to launch driverless (or mostly driverless) robotaxi services in London, but there are some caveats. It’s not absolutely certain yet. ✅ What the reports say Waymo plans to launch in London in 2026Waymo has officially announced that it intends to bring its fully driverless […]
Bank of England proving its far from “independent” as its Bonus’s for the boys now!!
Here’s a breakdown of why the Bank of England (through its Prudential Regulation Authority, PRA) is loosening banker bonus rules — and what the trade-offs and motivations are: Some of the key relaxations include: Cutting the deferral period for senior bankers’ bonuses from 8 years to 4 years. Bank of England Allowing pro-rata vesting […]