March 13, 2023 The Caring Subversion of Nel Noddings: An Appreciation By Alfie Kohn My undergraduate mentor had a life-changing impact, both as a teacher and a human being, on innumerable students he taught over the course of nearly three decades.1 So on his 95th birthday about a hundred of us took a full day to tell him so. We ... Read More
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Midway on our journey in life, we find ourselves in a dark kitchen, surrounded by oak cabinets and laminate flooring, our savings account wholly lost. Welcome to reno limbo, a place where nothing happens, as the good crews are booked for several centuries. In this circle, pagans shout “DIY! DIY!” toiling back and forth to Home Depot, lost in the labyrinth, unable to find help or penny tile. They refuse to accept the biddings of Jesus, a master carpenter from Piscataway. Above the gates, a sign reads, ABANDON YOUR HOME, YE WHO CAN AFFORD IT.
A model that captures key vulnerabilities and structural weaknesses of developing countries' trade and production structures.
Our new INET working paper began as a background study for UNCTAD’s Trade and Development Report 2022. Since then, the world has evolved, but this essay has the same purpose as the original: To assess from the perspective of the Balance of Payments Constrained Growth (BPCG) model, the key current challenges to developing countries that spring from two broad types of factors they cannot control. These are, first, global shocks that affect the world economy at large and, second, major macro or trade policy changes in developed countries. The BPCG perspective helps to identify to what extent these challenges are rooted in or conditioned by the developing countries' financial vulnerabilities and structural weaknesses linked to their roles in international trade and capital markets.
A Balance-of-Payments Constrained Growth Perspective
The best explanation for why SVB failed I’ve read is here.
The bottom line is that as interest rates rose after they’d been low for a long time bonds, including Treasuries, lost value putting strain on balance sheets, and if a bank didn’t handle it right by making the correct bets, they could get slaughtered. Even so SVB might well have survived in a pre-internet banking era and/or if it didn’t have so few depositors, with so many of them depositing so much.
As at the end of 2022, it had 37,466 deposit customers, each holding in excess of $250,000 per account. Great for referrals when business is booming, such concentration can magnify a feedback loop when conditions reverse.
When the likes of Kissinger are accused of being compromisers, we can be certain that the political discourse on the war has reached a degree of extremism unprecedented in decades.
The post Even Kissinger Wants Compromise: How Ukraine Became a Winner-Take-All Proposition appeared first on MintPress News.
Monetarists…. 😂😂😂😂😂😂😂
Jerome Powell testified in front of the banking committee this week.
— Genevieve Roch-Decter, CFA (@GRDecter) March 12, 2023
COMMITTEE: “Do you see any systemic risk in the banking system because of the rapid rise of interest rates?”
POWELL: “No”
🥴
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Careers stall due to laziness, a lack of new job skills, or a refusal to remove that therapy mushroom farm you’ve been growing at your desk. Working harder or going back to school are fine for people with grit or wealthy parents. But this odd obsession with fungi has become a metaphor for your career. You’ve attached yourself to a host workspace. You’re growing out of this company. And at some point, we’ll need to extricate you so we can have that desk back.
Getting to know young colleagues can be intimidating to those suffering through late-stage career malaise, with their perkiness and ideals and odor-free nuance. They smell like success instead of mildew and earthworm. They have fancy vests and have not been warned repeatedly by the Ergonomics Division about toxic molds infesting the air ducts. Young people have one thing in common. None of them spend the day going desk to desk, hawking oddly shaped spores to fellow employees. Just stop it and get back to work.
Pretty good breakdown:
By Mondoweiss On January 26, 2023 the Israeli army conducted a deadly invasion into the Jenin refugee camp in the occupied West Bank. In the span of a few hours, the army shot and killed 9 Palestinians. A 10th Palestinian succumbed days later to wounds sustained during the raid. It was one of the deadliest […]
The post On The Brink: Jenin’s Rising Resistance appeared first on scheerpost.com.
