“If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.” ~ J. R. R. Tolkien – maybe, but also impoverished
Study: how top performers turn stress to eustress: ‘Tell yourself that those gut pinches and heart races are good for you — that’s it’. ~ HBR
Spyware used by governments FinFisher can take over IPhones ~ Bloomberg
- 73% of Asia ex-Japan’s population is below mean GNI per capita income of $2,985
- Asian currencies most vulnerable to higher food prices vs overall: Philippines 1st, India and China 4th, Indonesia 9th and South Korea 12th
- New Zealand, Uruguay, Argentina and Denmark benefit from higher Food prices, more than offsetting negative impact on household consumption.
(Bernanke 2008) highlighted the difficulty in obtaining a meaningful gauge for future commodity price movement. ~ amusing
Bernanke calls unemployment situation ‘grave’
printers and central planners alike remain perplexed why printing money, taxes, regulations, and handouts is failing to generate jobs and a healthy economy.
no mention of misallocations of capital from hiding credit risk, asset bubbles, and bad debt
loans are growing and inflation is here
Spain capital outflows rise nearly 40 percent in June ~ Reuters
China exported $58 billion in arms in 2010, imported $3 billion. Thailand and Indonesia notable partners ~ google charts
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