At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.
Generally, an inverted yield curve signals a potential recession that will occur anywhere in the next 12 to 24 months. So is it time to panic?
There ain’t no such thing as a free lunch. Every economist will tell you this. Why? Opportunity costs!
Last week reports came out that Xi Jinping (President of China) would not be meeting Trump for further Sino-US trade relations discussions until March 1st, which is the “Armageddon” day for when the imposed tariffs between the two largest global economies will be enacted. This articles discusses future China outlooks and current Sino-US affairs.
How often do you receive a gift during the holidays season and then realize that although you understand the gift comes from a good heart