Archive for the ‘Business’ Category
Surviving Financial Apocalypse by Doug Casey
America as a country has become a world-class debtor, and many Americans seem to think a maxed-out credit card is a reason to get a higher credit limit, not to economize. It’s like a global epidemic.
Sure. This is a story that’s going to end very badly for a lot of people.
Because you can’t use debt as money.
Aristotle, in the fourth century BC, was the first person to define what money is.
And what is it? It’s a 1)store of value and a 2)medium of exchange.
The paper we use today is a medium of exchange – it got that way because governments made it illegal not to accept it – but it’s not a good store of value. And it’s rapidly and radically becoming less of a store of value. What we use as money today is actually not money; it’s currency. Technically, that’s simply a word that indicates a government substitute for money.
What does make for good money? Again, Aristotle gives us the answer. It’s something that has five characteristics: it’s durable and divisible, consistent and convenient, and has value in itself.
Read more here: http://futurefastforward.com/images/stories/financial/Doug_Casey_On_Surviving_Financial_Apocalypse.pdf
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Financial Crisis 101 – By Janet Tavakoli (10/3/10)
A Must Watch Video!
This video explains how Cheap Money, Wide-spread ban (often predatory) Lending, Phone Securities, Credit Derivatives and Wall Street Banks’ Massive Over-Borrowing led to our current Financial Crisis. Yet there is no meaningful reform.
Q&A With Janet Tavakoli (10/3/10)
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Gold Is Not Going Up – Paper Money Is Going Down
The truth is…
Gold Is Not Going Up – Paper Money Is Going Down
The problem with paper money is that governments can create unlimited amounts. This is what they have done throughout history and especially in the last 100 years and which has led to the total destruction of most currencies. Most people don’t even understand that their government makes their money worthless. Money printing gives them the illusion of being richer whilst all they have are pieces of paper with more zeros on them.
But there is one currency that governments can’t print which is gold. Gold has been real money for almost 5,000 years and it is the only currency that has survived throughout history. Gold can’t be printed and no government controls it. Therefore gold will, over time, always reveal governments’ fraudulent actions in creating money out of thin air. And this is what we are experiencing currently.
Gold is not going up. Instead gold is doing what it has always done, namely maintaining its value and purchasing power.
Gold Is Not Going Up - Paper Money Is Going Down
More: #mce_temp_url#
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Steve Jobs (In Shorts) Defining Apple
“Apple at the core, its core value, is that we believe that people with passion can change the world for the better.”
Source: http://gizmodo.com/5456142/10-year-old-video-of-steve-jobs-in-shorts-defining-apple
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Apple vs Google vs Microsoft vs Yahoo… Who’ll win?
The chart below illustrates many of the services these companies provide. Some of their products have been cornerstone revenue streams, and others are just at the beginning of development. But putting them up against each other really helps illustrate each company’s focus and their possible future directions of exploration.
A Big-Picture Look at Google, Microsoft, Apple and Yahoo
Source: http://bits.blogs.nytimes.com/2010/01/22/a-big-picture-look-at-google-microsoft-apple-and-yahoo/
