Hours after Tesla slashed Model S prices by $5,000, it is revealed that California registrations crashed 37% for April and May combined. At the same time, Morgan Stanley analyst Adam Jonas continues to worry about demand issues in China he raised less than a week ago.
"[Central Bank] monopoly power eliminates the forces that induce the central bank from delivering the socially optimal amount of maturity transformation..."
A report by the Becker Friedman Institute at the University of Chicago estimated 42% of layoffs that occurred as a result of the pandemic will be permanent.
The Parkchester Times-sponsored debate is the same one that Rep. Joseph Crowley skipped before he was dethroned by AOC in 2018. Could history repeat itself?