The additional sets of problems added as “solutions” only guarantee that the third and final crash of asset bubbles just ahead will be far more devastating than the crashes of 2000 and 2009. The conventional view tacitly assumes the global economy is dealing with one problem: recovering from the Global Financial Meltdown of…
By the year 2025 we will have finally come to grasp that in virtually every human endeavor, density pays. Silicon Valley has known this since Gordon Moore coined his eponymous law nearly half a century ago, predicting the exponentially increasing density and decreasing price of the processing power crammed onto microchips — a dynamic…
Cheapest Place Today Worldwide to Buy Gold Coins Jim Rogers: It’s Going To Get Really “Bad After The Next Election” By Terry Weiss, Money MorningIn a riveting interview on CNBC, legendary investor Jim Rogers warns Americans to prepare for “Financial Armageddon,” saying he fully expects the economy to implode after the U.S. election….
Last week it became clear that, as regards the euro, political Europe has overstepped the limits of its power. The joint statement by France’s President François Hollande and German Chancellor Angela Merkel saying that “Germany and France are deeply committed to the integrity of the Eurozone” and are “determined to do everything to…
Watching the crooks: Researcher monitors cyber-espionage ring Good guys are keeping an eye on large espionage and botnet campaigns that are stealing corporate secrets from government and private industry and money from peoples’ bank accounts. by Elinor Mills July 25, 2012 2:00 PM PDT This graph shows the confirmed espionage malware samples researcher Joe Stewart…
Fine Art as a Percentage of Ultra High Net Worth Individuals’ Spending Has Remained Stable Adam Davidson has a good take on the art market in his New York Times Magazine column and offers an interesting take on art as an investment: Art is often valuable precisely because it isn’t a sensible way to make…
A report issued by the London-based International Centre for Development Studies confirmed that Iran is stealing large amounts of oil from neighboring Iraqi fields. According to the report, Iran steals $17 billion worth of Iraqi oil from fields that are mostly Iraqi and not shared between the two countries. Those fields are home to more…
For every exciting advance we make, there’s someone on the other side that is threatened by it There is no question that Andreessen Horowitz, the venture capital firm headed up by Marc Andreessen and Ben Horowitz, has become a major force since it was founded back in 2009. The young VC…
Cheap Money will Help European Banks But Not The People Boris Roessler / AFP / Getty Images A home-made euro sign is attached to the tip of a Christmas tree in front of the European Central Bank (ECB) in Frankfurt am Main, Germany, on December 21, 2011. Might the world be witnessing the first…
Understanding the Occupy Wall Street movement: A primer Occupy Wall Street, the amorphous series of demonstrations that are reshaping the political debate in many major American cities and in countries around the globe, entered its second month on Monday. Here is a primer to understanding the movement that has mobilized hundreds of thousands of people…