2020- The great, greater or the greatest depression
Naive are those who think that the world would experience something similar to the great depression in 1929. It is going to be worse. In 1929, the planet earth did not shut down like in 2020.
Tag: financial crisis
Petro-dollar or Petro Yuan. Who is in the driver seat?
Without further complicating the subject, let’s get directly to the crisis of 2020. Is Corona virus collapsing the markets? The simple answer is no. It is a contributing factor to the culminating crisis. The world has known Ebola, bird flu and swine flu but none of them grounded flights, closed airports and forced full lockdowns. What […]
Who is at fault?
When companies face a risky situation, the normal business practice is that senior managers end up with a graph that nobody understands. The resulting data is compiled from a mixture of complicated analyses that do not diagnose the problem or provide a way to a solution. Such analyses usually further complicate the situation. Who is […]
The next financial crisis- Part One.
Sickened by the hocus-pocus of most economic geniuses featured on TVs and their complicated gibberish language that continues to confuse all of us, i found out that: Simplicity hurts as it exposes the ongoing economic trickery and manipulation. It is shockingly foolish how today’s media misinterpret what is happening economically. Let’s stop this rant and […]
The irony of the financial crises
The irony of the financial crises lies in the fact that central banks like US Federal Reserve, European Central Bank, Bank of Japan and Bank of England have an army of risk management teams, experts and financial geniuses at every level and floor and yet they fall into the trap of the market over and […]
What caused all the financial and economic crises throughout history till today? It all started 10,000 years ago.
When humans abandoned the sharing culture and became greedy and selfish, history has started repeating itself. Crash after crash and the financial crisis of 2008 was the most recent episode in the crash show. Unfortunately, the crash show will continue, and more releases are to come because greed and power are still the governing behavior of those at the top.
We need braver leaders who point the fingers at the ultimate cause of problems
Do we blame companies which strive to meet unrealistic financial targets and please the analysts and investors expectations? Or we should blame the system
Understanding the definition, changes the whole game.
Inflation is an economic trickery performed by private corporations called central banks which print money ” fiat currency” out of thin air.
kamiltoume.com 