As we watch the market turmoil engulfing global borses, we see a battle between two scenarios. Scenario 1, the euro survives, Scenario 2, the euro collapses; only one of these events can occur in any given time span. Depending on one’s view, equities are either ridiculously undervalued, or, we are about to undergo the worst economic slowdown in over a century.
Last Updated (Friday, 23 September 2011 09:43)
So here’s the thing. You live in a moderate crime neighborhood, not the projects, but not affluent suburbia either. There is a knock at your door and you open it to discover a police officer. She is conducting a door to door in connection to a drug related shooting that took place earlier. As luck would have it on your return from shopping you did happen to see a man running out of a house down the block, you saw that he had a gun, and you saw the car he drove off in. Not only that, but you have seen him before and are aware that he is a local drug dealer. You are asked to give a statement and to testify against the individual in court. Being a civic minded individual you agree.
Last Updated (Thursday, 07 October 2010 04:26)
Eight Million Missing Children
Vladimir Putin, often heralded as the ‘Savior of Russia’, credited with bringing an end to chaos, reviving the economy (average GDP growth during his tenure 7%), and restoring Russian national pride, has another less vaunted claim to fame; in the eight years he presided over Russia the number of 0-19 year olds fell from 38 million to 30 million, a loss of 8 million children, that's 1 million less children every year.
Last Updated (Saturday, 18 September 2010 08:41)
This is the first in a new series of articles examining the impact of population pressure and climate change and addressing the issue of why we are so focused on the latter and ignore the former despite population pressure being a far greater problem than climate change.
Last Updated (Friday, 03 September 2010 09:27)
Who's Using Whom (and for what)?
Just imagine, for a moment, that you are Chinese. Not only are you Chinese but you also happen to be a very senior diplomat in the Chinese Ministry of Foreign Affairs; your specific responsibility being North Korea. Imagine further that you have just pulled of the diplomatic coup of your life; in return for China’s continued aid for the DPRK, you have persuaded North Korea to give up its missile and nuclear weapon development, allowing full access to International arms inspectors and negotiated a re-signing of the Nuclear Non-Proliferation Treaty.
Signed agreements safely in hand, you hustle back from Pyongyang on your government plane to receive the plaudits of your peers and masters back in Beijing. Reclining in your executive seat you loosen your tie, remove your shoes and order a drink. Your aides, in awe of your accomplishment, leave you in splendid isolation to revel in your glory. The steward brings you your drink and hastily departs, avoiding eye contact. Your feet, you notice, are suddenly cold.
Last Updated (Wednesday, 24 November 2010 11:33)
A year short of a century and a half ago the United States of America began its bloody debate over whether the whole was greater than the sum of the parts, and thus an otherwise unknown stream in Manassas, Virginia entered into history. The name of that stream – Bull Run.
Europe is on the verge of a similarly momentous debate regarding the relationship between its individual member States and its central institutions. This time it may be a Bear Run that ushers it in.
Last Updated (Wednesday, 25 August 2010 07:03)
You could be forgiven for wondering, as once again we approach another new round of Middle East peace talks in an attempt to find a lasting resolution to this 60 year old conflict, why this piece is in the population section as opposed to straightforward International analysis.
The conflict between Israel and the Palestinians is one that most of have grown up with. It is a fact of life. One of those things, like starvation in Africa, or floods in Bangladesh; it’s just what happens in that part of the world. Population pressure may not have been directly responsible for the creation of the problem, but it is certainly a major barrier to any peaceful solution..
Last Updated (Thursday, 07 October 2010 04:27)
When it comes to Sharia Law in America, I agree with Newt. The idea of having American courts making legal judgments based on Middle Eastern religious texts is beyond the pale. I think the risk this poses to our way of life is so great that I would go so far as to propose a constitutional amendment specifically addressing this.
Such an amendment should ban these religious texts from our Court Houses, ensure that there can never be any requirement or religious test for elected representatives, and explicitly separate the state from religion.
Last Updated (Thursday, 23 September 2010 15:42)
Can torture save American lives? Yes. But so can many things such as universal health coverage or allowing members of the public to buy a new wonder drug prior to FDA approval. The question that needs to be asked is "at what cost?". Can torture ever be the right thing to do? Yes. Should it be legal? No.
Last Updated (Wednesday, 25 August 2010 07:43)
At the risk of being labeled a bigot, I am getting really bored with the quagmire into which the whole Gay Marriage debate seems to have fallen.
To some Marriage is a union defined by Statute and Common Law, to others it is a Sacrament sanctioned by God and recognized in Heaven. I'm guessing that to the majority it is a bit of both.
Activists on both sides of the debate are seeking to blur these lines in an attempt to win an argument that is ultimately unwinnable.
Last Updated (Wednesday, 29 February 2012 17:52)
Or 'Where Do Hedge Funds Come From?'
Have you ever given a thought as to the origins of the limited liability joint stock company? They are not a naturally occurring phenomenon but were the artificial creation of a 19th Century British politician shortly before the civil war.
His name was Robert Lowe and he used to be the Vice President of the Board of Trade. But before we get to Mr Lowe playing Frankenstein, first a little bit of corporate history (bear with me, it’s relevant).
Last Updated (Wednesday, 25 August 2010 07:03)