The Fed certainly bears its share of responsibility, but other factors played a very large role.
With luck, the risk of a synchronized global downturn will recede by late 2022.
Sanctions on China might not prove nearly as effective as the measures against Russia have been.
Sustainable growth requires paying for the capacity to sustain economies against external aggression.
There is no excuse for the Federal Reserve's slow pace of cryptocurrency regulation.
Central banks can do more to address the inequality problem, but they cannot do everything.
Investors should not take a sustained economic recovery in Latin America for granted.
Cryptocurrency advocates are politically connected, but regulators simply cannot sit on their hands forever.
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