China’s stock market
In China, the shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned.
Continue reading… “China’s credit bubble is unlike anything else in modern history”
Vision of Transformation
Francis Fukuyama published his book, The End of History in 1992. He argued that, with the cold war over and liberal democracy triumphant, the major historical narrative dialectic of history was over.
Continue reading… “Top 4 ways technology is changing business strategy”
Machines for High Frequency Trading (HFT)
On April 23 at 1:07 pm, a hijacked AP Twitter account falsely reported an attack on the White House. Just seconds later, major US stock indexes started to fall. They were down 1 percent by the time the tweet was publicly identified as bogus three minutes later. And in another three minutes, the markets had recovered to pre-tweet levels.
Continue reading… “High-frequency trading faster than the speed of reality”
China’s economy is undergoing a structural slowdown.
China has been way out front as the world’s most important source of economic growth for years. China has the world’s second largest economy and it continues to grow at a rapid clip but it is cooling as other enormous economies heat up.
Continue reading… “China is no longer the world’s most important source of growth”
Turkey’s Prime Minister Tayyip Erdogan during the Global Alcohol Policy Symposium.
A couple months ago, Philip Howard, a professor at the University of Washington and the Central European University, was walking past Gezi Park with a Turkish friend at dusk. He had just joined Philip from prayers and asked him what he thought about the brewing debate over the park’s future. Like most Turkish voters, he is a fan of the country’s prime minister, Erdogan. Like most of the country’s voters, his friend easily integrates his faith with his daily routines. But he said simply “Istanbul doesn’t need another Mosque.” He started pointing off in different directions. “There’s one there, there and there. And there and there and there. Istanbul needs a park.”
Continue reading… “Why governments use broadcast TV and push dissidents to use Twitter”
Steven Spielberg and George Lucas
George Lucas and Steven Spielberg aren’t so keen on the future of the film industry. Lucas and Spielberg agreed at a talk at USC that it’s on track to have a “massive implosion”. At the core of their argument: there just isn’t enough time in the day for consumers to support all the films released in theaters. Films are competing with all the content and options that the Internet provides.
The race between Apple’s iOSand Google’s Android appears as if the open-source mobile operating system is a clear winner. However, a closer look reveals other levels of competition not so clearly defined.
Continue reading… “iOS vs Android: Apple still leads with apps and profits”
So far in 2013, Chicago homicides outnumbered slayings in the larger cities of New York and Los Angeles last year.
Chicago has drawn a lot of attention for the soaring gun violence and gang bloodshed, creating a political test for Mayor Rahm Emanuel in President Obama’s hometown. But a year later, Chicago has Chicago has witnessed a drop in shootings and crime. Killings this year have dipped to a level not seen since the early 1960s.
Continue reading… “Tactics by the city of Chicago have put a major dent in the killing trend”
Futurist Thomas Frey: Let’s first start off with a different question. “Who controls the bread supply in London?”
This was the opening question that Jonas Eliasson started with in his TED talk titled “How to solve traffic jams.”
Continue reading… “Who Controls the Education Industry?”
Handwashing is the most effective thing one can do to reduce the spread of infectious disease.
When consulting the CDC’s official guide to handwashing you might be surprised to learn that they don’t distinguish between using warm or cold water.They say what is important is that you use soap, that you scrub well (including the backs of your hands, between your fingers, and under your nails) for at least 20 seconds, and that you dry your hands afterwards. The CDC also officially recommends humming the “Happy Birthday” song twice through for an accurate measure of time.
Continue reading… “95% of people don’t wash their hands correctly: Study”
For people who graduate with a bachelor’s degree, higher education is overwhelmingly a smart investment. But what about students who drop out? As it turns out, less than 60 percent of Americans actually complete a B.A. within six years of starting. Do they reap a benefit?
Continue reading… “Going to college is worth it even if you drop out”
Baxter is a robot meant to work with people in small manufacturing facilities.
Erik Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine.
Continue reading… “How new technology is destroying jobs”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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