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!
This articles discusses future China outlooks and current Sino-US affairs.
Because I’d much rather have cash