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One Track Minds Means Inefficiency

Martinka Consulting

The sub-headline was about how transportation officials see obstacles, mainly all the existing construction downtown. From bidding (his expertise), to sales (he was good once it got to the technical part), and accounting (of which he knew almost nothing, especially regarding the balance sheet). we need bike lanes).

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Economic Illusions vs. Reality; Helicopter Drop, What Else?

MishTalk

This is because part of the effect has been by bringing forward demand from the future, such as major purchases, including for cars or construction. The balance sheet of the Swiss National Bank has expanded even more impressively, again with no discernable impact on the inflation rate. This is more than an academic curiosity.

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Austria "Bad Bank" Goes Bad, $8.5 Billion "Bail-In" Underway

MishTalk

Today we see yet another failure of the construct. The step, allowed by new legislation that gives banking supervisors more power to intervene, followed an outside audit of Heta''s balance sheet that exposed a capital hole of up to 7.6 billion euros ($8.51 billion) which the government was not prepared to fill, the FMA said.

Banking 28
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Fed Study Shows "Persistent Fed Overoptimism about Economic Growth"; What Will They Do About It?

MishTalk

Possible explanations for this pattern include missed warning signals about the buildup of imbalances before the crisis, overestimation of the efficacy of monetary policy following a balance-sheet recession, and the natural tendency of forecasters to extrapolate from recent data. Also today, but something I did not comment on, U.S.

Study 28
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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

Historical evidence shows that this rarely happens following a balance sheet recession. The drop in construction spending is a necessary correction of previous overinvestment and is unlikely to be entirely reversed. In crisis-hit countries, it is unrealistic to expect the level of output to return to its pre-crisis trend.

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7 Skills That Aren’t About to Be Automated

Harvard Business

The most basic form of communication is constructing a compelling story. In a world where U.S. adults’ total media usage is nearly 12 hours a day, on average, communication skills are essential for getting people’s attention and moving them to action.

Ethics 42
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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Most major producers with large balance sheets will likely hedge their bets and attempt both. These trends will require oil producers to shift their focus away from transportation and diversify towards innovative petrochemical products to capture market share in diverse end uses such as clothing and construction materials.