Passing Observations 160

    The International Monetary Fund says that interest rates will go back to pre-covid rates (ie. 0%). They’re wrong. (This is no time for false modesty. I’ve been right for the last three years while they’ve been consistently wrong). They say

New World Last Week


In this week’s editorial I’ll go through three news stories from around the world—stories that very well could have (would have?) been covered on New World Next Week if we were producing an episode this week—and I’ll break them down …