Central U.S. monetary and financial policies led to the demise of SVB. They sparked vulnerabilities within the entire global banking system, but a recession is not to be feared for now.

President Joe Biden set any US president's most ambitious climate objective during his first months in office: to decrease carbon emissions by more than 50% by 2030. With the Arctic warming nearly four times faster than the rest of the world, the Willow Project would constitute a futile misdirection of the climate goals set earlier this month.

On January 19th, 2023 the United States came face to face with the worst debt ceiling crisis it has ever seen…since 2013. The history of America’s debt ceiling can seem like an endless carousel of crises followed by hyper-partisan political standoffs and national division.

Instead of something riveting, you start off your economics career with what may be the most boring material possible: consumer preferences. Worse still, the professor drags on and on about weird concepts like utility functions and ‘transitivity’. After the day ends, you wonder: Is this really what economics is all about?

Hardly the kind of uncertainty a guaranteed bondholder wants to think about.

The time has come again when Congress pretends to walk off the fiscal cliff in exchange for some political concessions. As the US federal government passed its 31.4 trillion USD debt ceiling and the Treasury began invoking extraordinary measures to avoid defaulting on Treasury security debt, X-date approaches ever quicker.

Although such spending and the “revenge tourism” social media trend seem to reflect a thriving industry, the reality is quite different. High inflation and the climate crisis will obstruct growth, preventing returns to pre-pandemic levels.

Deforestation and forest degradation, their effects on climate change, international agreements, the growth of illegal extractive industries, and the dangers presented to indigenous people are among the many and varied environmental and social issues connected to the road construction of isolated and remote Amazonian regions.

To avoid having to impose a higher payroll tax on their working force, governments all over the world are racking their brains to be able to find policies that could save them from a pension fund black hole.