Gongol.com Archives: January 2017
January 4, 2017
Markets are under-pricing the political risks to the economy ahead
So concludes Larry Summers, and he's quite likely right. The magnitude of political risk to the world economy today is extraordinary. The costs of a correction will be large and painful.
Many high-growth jobs are in occupations dominated by women
Which means that men who are looking for new jobs may need to re-think their attachment to sterotypes about what "women's" jobs are
Indonesia withdraws from military cooperation with Australia
The suspension of cooperation can't be taken as a good sign. Indonesia is the world's 4th-largest country (by population), and Australia is the essential anchor for the protection of values in its corner of the Pacific Rim. If the two countries aren't on the same page, it's a bad turn of events.
Thoughtful column on the subtle sexism of expecting women to smile
Really, nobody goes around telling men how much prettier they would be if only they smiled
Today's asset-light business world means "your" building can go bankrupt without you
OfficeMax used to have a headquarters in suburban Chicago. After merging with Office Depot, OfficeMax no longer needed a headquarters of its own. Now, the building itself is likely to go into default. The choice many (if not most) businesses have made to reduce their direct ownership of real estate leads to some weird circumstances -- like the (former) Sears Tower no longer containing any Sears offices, and "OfficeMax headquarters" going bankrupt after OfficeMax ceased to exist as its own company.