​Context
There has been a quiet jobs revolution in the USA, which has become more acute since year 2000. Recessions are having a bigger and bigger impact on jobs and income inequality has risen to levels unseen since the 1920s. What is happening and what are the consequences? Knowing about this helps with financial strategies, career, and business strategies and decisions, as well as understanding social and economic implications and public policy challenges.

​Context
Major central banks are currently facing a credibility issue that could cause damage to their own policy framework and to business and financial decisions going forward. The Fed has been “warning” markets of a rate hike for almost 2 years now, with little to show for. The Bank of Canada’s “warnings” about household debt are now the laughing stock of markets. The European Central Bank and the Bank of Japan have inflation targets of 2%, yet have been well below target or in outright deflation for what is starting to be a long period now, with little credible signs of returning to target soon. This context creates confusion and fuzziness in monetary communications, and it has very real implications for just about everyone. This post is very important... Read it attentively and share the insights!