World Finance, Macro Economics, Global Markets, Mega-Trends
To Live By Networking Words The 6 Most Powerful Words In Networking News To Live By DANNY RUBIN, MAY 26, 2014, Hey, did you hear Mark Zuckerberg announced an update to Facebook’s privacy settings? “When?” In May. “Why?” Because people have complained for a long time the settings are too confusing. So the company…
Submitted by Tyler Durden on 05/08/2014 In our busy days, it is all too easy to fall into the trap of hearing (and believing) the latest headline and its associated spin. For some reason, three minute videos can quickly and easily remove these ‘spins’ without the need for a PhD. And so we decided to dust…
Earlier this month, attorney James Kidney, who was retiring from the Securities and Exchange Commission, gave a widely reported speech at his retirement party. He said that his bosses were too, quote, “tentative and fearful” to hold Wall Street accountable for the 2008 economic meltdown. Kidney, who joined…
Submitted on 03/31/2014 PITCHFORKS COME OUT AS CHINESE BUST KLEPTOCRATS By RUSS WINTER Unlike in the West, being a kleptocratic crook in China is now becoming a higher risk proposition. One gets the sense that as the credit monster collapses in China, and as auntie’s wealth management product is shown to be a loss, out will…
Citibank Fails Fed Stress Test … The REAL Story Bank of America… Citigroup …Federal Deposit Insurance Corporation… Federal Reserve… Goldman Sachs Royal Bank of Scotland …Shadow Banking…. Bloomberg reports that Citigroup has failed the Fed’s new round of stress tests: Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress…
‘Collapse’ of Modern Civilization a Real Possibility ‘Ecological strain’ and ‘Economic stratification’ could bring global downfall, researchers warn Prophecies of impending doom go back a long way, but this one has the extra cachet of backing by NASA. “Ecological strain” and “economic stratification” could lead to the global fall of modern civilization within decades, researchers…
Gary Hershorn / Reuters When pressed about the 2014 Sochi Olympics’ record $51 billion price tag — a sum that is five times the amount spent on the last Winter Games in Vancouver and that dwarves the GDP of three-fifths of the world’s countries — Vladimir Putin has shrugged off allegations of corruption, insisting that…
Making of Colorado’s Marijuana Millionaires January 14, 2014 I’ve seen a lot of marijuana over the past two weeks, but nothing like this. Less than two miles north of Denver’s central business district lies the headquarters of Garden of the Gods, one of the region’s largest commercial cannabis operations. “We grow 280 pounds a month,”…
Real-Time Data Is Changing The Way Marketers Understand Consumers JAN. 13, 2014, The optiX dashboard gives marketers insight into consumer behavior. This post is sponsored by eXelate. For the last 50 to 70 years, the market research industry has been focused on the same surveys and panels. (Think of those prototypical focus groups,…
The Terrifying Target Data Breach Is Even Worse Than We Thought Up to 70 million Target customers are now believed to have had their data stolen, up from an original estimate of 40 million. The massive Target data breach is much larger than first reported last month and has hurt sales, the company announced Friday….