According to recent articles, most consumers use credit and debit cards as convenient cash alternatives. Instead of reaching for wads of cash stuffed in pockets or purses or a paper checkbook, we simply whip out plastic to pay for almost everything or every service we need or want. Even micro businesses use mobile devices as […]
More ›The Western World seems to be changing track. As we have seen for the past decade, the “experts” have not just been wrong, but increasingly, totally wrong. Most recently two big “never could happen events” of 2016 happened — and concurrently…Brexit and Trump. While some of us see these events positively, the fact remains that […]
More ›Will Deutchbank fail? Well like nuclear war it’s always a possibility but like nuclear war it’s not something any sane government is going to allow to happen because even the smallest version is cataclysmic. Why do I say it won’t fail with such confidence? We all saw what happened when Lehman failed, and Deutchbank would […]
More ›Bitcoin user accounts hacked losing 36% of their money. Delta airlines cancels all flights due to a computer shutdown. Electronic transactions are great, efficient, and inexpensive. However, does anyone truly think that the types of events listed in today’s news will never happen again. More likely, like all hacking, they may become more frequent and […]
More ›These days there is a strong feeling that politicians, regardless of party, have a somewhat loose relationship with facts. As seen from the great recession, and more recently in Europe and China, regardless of what politicians say or promise, math doesn’t lie, and is extremely unforgiving. Following are some math facts to consider for the […]
More ›One again the “professional” financial world is in turmoil, last week it was the UK voting to leave the EU, and panic set in. In today’s world who knows what next month or next year will bring? I have said it before, but it bears repeating, ever since the “recession” of 2008 all the old […]
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