In this week's blog post, we're sharing insights on our latest interview with Steven Minsky. Steven is the CEO and founder at LogicManager, which is a powerful risk management software. Especially during the pandemic, LogicManager has spent a lot of effort to create a relief package for their customers, to ensure their software and services can be used in innovative ways and create success stories and solutions that are available for everyone on their website. We had our first interview with
COVID-19 is shaping a “New Normal”—a Low Touch Economy that requires a strategic response.
The world is changing. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon but is expected to have a lasting effect on the world. In fact, a new generation of consumer behaviors is already being shaped.
The new world will not be better off or worse. It will be different. During this period of influx, some
Today the economy is strong and your business is doing well. But are you prepared for when this strength turns to weakness? Enterprise risk management has been proven to help companies survive a recession.
While there is much debate over whether a recession is looming or not, the fact is, you need to be prepared. Whether in 2019, 2020, or 2021, it’s not a question of “if,” it’s a question of “when” a recession will occur, as history has proven that fluctuations in the economy are both inevitable
Trump Issues Orders to Roll Back Bank Regulations Adopted in the Wake of the 2008 Wall Street Crash
By Barry Grey
World Socialist Web Site 4 February 2017
President Donald Trump signed executive directives on Friday initiating a sweeping rollback of regulations on banks and financial brokers enacted under the Obama administration following the Wall Street crash of 2008.
Trump’s actions target in particular the 2010 Dodd-Frank bank regulations and a Labor Department rule set to take effect in April r
Source:
Mike Whitney
Global Research, October 02, 2016
CounterPunch, 30 September 2016
Here’s your economics quiz for the day:
Question 1– What do you think would happen if you put $3 trillion into the financial system?
a–Stock prices would rise
b–Stock prices would fall
c–Stock prices would stay the same
Question 2– What do you think would happen if you put $3 trillion into the economy? (Via fiscal st
Source:
Ellen Brown
Web of Debt
16 September 2016
Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse).
But Ben Broadbent, Deput
Worst Economy In 5,000 Years?
Source:
Washington's Blog
June 8, 2016
According to Bank of England economist Andy Haldane, Bank of America Merrill Lynch economist Michael Hartnett and others, we’ve got the lowest interest rates in 5,000 years: You can read the rest of this article in the link below:
Source:
Prof. Vijay Prashad
Saudi Arabia is in serious trouble. The Binladin Group, the kingdom’s largest construction company, has terminated the employment of fifty thousand foreign workers. They have been issued exit visas, which they have refused to honor. These workers will not leave without being paid back wages. Angry with their employer, some of the workers set fire to seven of the company’s buses.
Unrest is on
Written by:
Winnie Byanyima
Executive Director, Oxfam International
If we want an economy of the 1%, then GDP is very useful. It tells us all we need to know. But if we want an economy that works for us all, we have to pay attention to what it is not telling us.
In the face of a growing inequality crisis, GDP tells us nothing about the distribution of growth. When just 62 people have the same wealth as half the world’s population,
By:
Prof. John McMurtry
Global Research, April 18, 2016
Ecological and social science research increasingly demonstrate that ‘globalization’ is not what it seems. It does not produce more prosperity and reduce poverty for the world, but just the opposite. Ever more powerful transnational corporate money sequences multiply through organic, social and ecological life hosts looting and polluting them.
Source:
Eric Toussaint
CADTM
April 13, 2016
Global Research
April 21, 2016
Nine years after the outbreak of the financial crisis that continues to produce damaging social effects through the austerity policies imposed on victim populations, it’s time to take another look at the commitments that were made at that time by bankers, financiers, politicians and regulatory bodies. Those four players have failed fundamentally in the prom
By:
Prof. John McMurtry
Global Research, April 05, 2016
On the face of it, Trump is Reagan on steroids. His towering size, his nativist US supremacism, his down-home talk, and his reality-show confidence make him ideal for the role of bullying and big lies from the oval office.
He is America come to meet itself in larger-than-life image to rejuvenate it as its pride slips away in third-world conditions and a multi-polar world.
While Trump’
Source:
Prof. John McMurtry
Global Research, January 24, 2016
The just-released Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years.
Yet the big
Read the Story of Money in Cartoon Form
Source:
Read the Attached Booklet to Find Out
Source:
January 29, 2016
Japan has joined the EU, Denmark, Switzerland and Sweden in imposing negative interest rates. Indeed, more than a fifth of the world’s GDP is now covered by a central bank with negative interest rates.
The Wall Street Journal notes:
TOKYO—Japan’s central bank stunned the markets Friday by setting the country’s first negative interest rates, in a desperate attempt to keep the economy from sliding ba
"The Unexamined Life is not Worth Living"
Socrates
Published on Jan 19, 2016
Weapons of Mass Financial Destruction (WMFD)
By:
Bill Holter
Global Research, January 29, 2016
Every once in a while it is a good thing to review something we already know and have known for quite a while. What we’re talking about are derivatives and the very basics of how they work… or not.
We have seen massive volatility since the Fed raised rates last month.
The humor (tragedy), admitted to yesterday by the Fed, the 4th quarter saw slowing economies all over the world and “Nobody Really Knows Anyt
Source:
Cillian Doyle
CounterPunch 12 January 2016
We’re not a tax haven, we have never been involved in any kind of tax malpractice
– Michael Noonan, Irish Minister for Finance 5th October 2015
You can read the entire article in the following link:
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