llterry5

  Economics and demographics are joined at the hip.   They always have been.   It’s impossible to clearly understand one without understanding the other.   Perhaps more […]

  Isn’t that pretty?   That’s a photo of the Austrian Alps.    The photo, courtesy of Bloomberg, is very appropriate for two reasons.    First, ski […]

  Yes, I know.   I’ve used that ‘title’ many times before. But come on!   Economically speaking, these are “crazy times!”   In addition to our nutty […]

  Central banks spent most of last year telling us inflation would fade.   Quickly. No longer.   That message is as dead as Ye’s deal […]