Kevin O’Leary: “I’m an ambassador for the American Dream”
To a packed Weis Center this past Tuesday, Kevin O’Leary, known for his role as an investor and TV personality on ABC’s long-running show “Shark…
Thought Leader: Kevin O’Leary
How to wean the world off monetary stimulus
By Robert Zoellick (original source Financial Times)
“After seven years of extraordinary governmental stimulus, the world needs a shift from exceptional monetary policies to private sector-led growth. The US Federal Reserve’s increase in interest rates sounded the clarion call. China’s market tribulations highlight deepening global uncertainties and the need for new approaches. Three possible ways to generate growth stand out for 2016.
First, Lawrence Summers warns of the threat of “secular stagnation” posed by a world lacking demand, and grafts decades of globalisation on to a theory developed in the late 1930s. The former US Treasury secretary fears emerging markets face sluggish global demand, capital outflows, weaker investment prospects and depreciating exchange rates. Without new demand, emerging markets will weigh down developed ones, which will in turn further depress developing countries.”
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Former prime ministers Tony Abbott and Scott Morrison, among others, have expressed their support for the Jewish community amid troubling times in Australia. This came…
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Robert Zoellick: The Biden-Trump Economy of Nostalgia
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