President Biden’s student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent (and apparently successful) attempt to buy the votes of an important Democratic constituency, even though it created a target-rich environment for critics.

Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal.

On Sunday, January 22, Argentine minister of economy Sergio Massa told the Financial Times that Argentina and Brazil were starting preparations for a common currency. We know that this is an old idea as it has been floating at least since the 1980s. But is it a good idea?

Lacking a solid team is a recipe for organizational failure, and those intending to excel in business—or any other sector—must invest in management. Considering that many professional athletes encounter bankruptcy shortly after retiring, they are a demographic that could greatly benefit from quality financial management teams. Elite athletes earn millions of dollars during a short time, but few succeed at multiplying their earnings to create wealth.

True story: Many weekends during my studies in Changzhou, China, my friends and I would go out to have a drink only to realize that our favorite bar was not open that night. In fact, all of the city’s clubs would be closed. The reason? Police had decided to crack down on these nightclubs. These would mostly be drug-related crackdowns, but other reasons such as prostitution would make the list. This seemed to happen in cycles. Once the crackdown happened, things would cool down and gradually build up again to reach a climax, in which another crackdown would happen.

Relief is spreading among economic analysts and stock market experts. Energy prices are decreasing noticeably. The energy supply this winter seems secure; in Europe, government support for consumers and producers is available if needed. China is turning away from its zero-covid policy, and production is ramping up again. High goods price inflation is still a major concern for consumers and producers, but central banks are delivering at least some interest rate hikes to hopefully reduce currency devaluation. So should we bid farewell to crisis and recession worries? Unfortunately, no.