Three years ago I had said that we were in the opening engagements leading to the next global war. Specifically, I mentioned that It is not going to be fought over territory, or politics, or religion. It will be an economic war, a cultural war, a global war, and one in which the civil populations [...]
Moody’s stepped into the deficit debate today by suggesting that the US should get rid of the debt ceiling altogether. This suggestion makes some sense but isn’t exactly the best mechanism for determining what the debt ceiling should be at any given time. For example, during World War II, the debt in the US spiralled [...]
The story so far . . . I’m checking my non-existent stocks (read: crash boom ba) due to some other good news I got this week and a funny thing happened on the way to the technical charts. One of them, Rentech, showed a ton of interest today. Not only that but apparently there is [...]
Something isn’t quite right in paradise. Linden Lab has been making a whole series of cuts to staff and programs over the past 6-8 months that are to a large measure a reduction of service and costs associated with the Second Life platform. All the while they are claiming “we are on sound financial footing”. [...]
A question was asked on twitter that I find myself wanting to express an answer two albeit not in 140 characters. The question, or the comment really, was simply this “have fun defining the narrow difference between B2B and B2C social marketing” (@intellagirl, Aug 31, 2009). To me this question is relatively straight forward. B2B [...]
So apparently the SEC is now taking the bull by the horns and reviewing cases “as they come in” about new ponzi schemes (see Time’s news article). What strikes me as being so weird about this is that, for all the ‘new direction’ and safety and security of the financial industry that the SEC is [...]