offset

He claims that Deutsche Bank misused “netting” practices that allow banks to offset credit risk exposure, thereby inflating the bank’s capital and leverage ratios.

“We view the production profile having been bolstered by a longer life asset, offsetting shorter reserve lives at Bolanitos and Guanacevi,” he says.”

It’s a high-net-worth strategy because it creates passive losses in taxable portfolios, which are used to offset capital gains for tax purposes.

For those who don’t, there are many strategies for reducing their tax bills, and increasingly, some newer ones for harvesting capital losses to offset taxable capital gains.

New technologies, such as AI, should boost the productivity of the remaining workers and make up for some of the lost manpower, but not to the extent that would offset the demographic drag on growth.