Private Credit's Problems Just Got Real

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.  It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...

How To AI-Proof Your Resumé Authored by Autumn Spredemann via The Epoch Times (emphasis ours), Artificial intelligence (AI) has become a critical threshold that online job seekers must cross, but the technology has presented a unique challenge. Illustration by The Epoch Times, Shutterstock As employers increasingly lean on AI systems to screen, schedule, and evaluate candidates, applicants must learn how to get past the algorithm before reaching human consideration. More hiring and recruiting professionals are using applicant tracking systems, many of which involve generative AI, according to a report from the International Research Journal...

Tomorrow's Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, will appear before the Senate Banking Committee on Tuesday at 10AM ET in what is shaping up to be one of the most politically charged confirmation hearings in the central bank’s modern history. Warsh, a former Fed governor who has spent years criticizing the institution as directionless and in need of “regime change," now has the chance to outline his vision for remaking the world’s most powerful...