Wednesday, October 22, 2014

Which is the skill number one?

Which is the skill number one?

The ability  to accumulate data, analyze it and synthesize it, in order to make  good decisions.

Monday, October 20, 2014

How to go from crazy to viable.

How to go from crazy to viable

Introducing risk-averse backers.

Friday, October 17, 2014

How does a crisis begin?

How does a crisis begin?

A crisis begin when a small issue comes out and asks if it’s OK to harm.

Then according the regulations, the harm does not meet the definition threshold required for the regulators to be concerned about it.

Thursday, October 16, 2014

Poverty among those 65 years old and up

Poverty among those 65 years old and up

Excluding Social Security benefits from income, the poverty rate for Americans 65 years old and up is 52.6% roughly 23.4 million people.

The official poverty threshold for a two-adult-two-child family was $23,624 in 2013, $11,670 for a family unit of 1 and $15,730 for a family unit of 2.

Wednesday, October 15, 2014

What to do when nobody knows anything.

What to do when nobody knows anything.

When the world’s finance ministers, central bankers and international financial organizations do not know anything what you have to do is remember why they have run out of ideas and why their key idea (demand and artificial economic growth) was totally wrong.

Tuesday, October 14, 2014

Regulations and entrepreneurship

Regulations and entrepreneurship

A strong state  is going to enforce regulations and entrepreneurship will be squelched by these regulations.

Regulated companies become cartels or regulated monopolies that engage in financial transactions with unregulated companies which in turn also become regulated.

Governments create laws knowing  that the winner is also the monopoly and governments like to pick up the winner.

Thursday, October 9, 2014

What is the best weapon in modern times?

What is the best weapon in modern times?

Marketing

Marketing that doesn't repeat the same message .
Marketing that designs each video and each message to correlate exactly to the target audience.
Marketing that is an intellectual desert.