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Showing posts with label #economics. Show all posts
Showing posts with label #economics. Show all posts

Monday, 13 April 2015

Why You Shouldn't Worry About 2015 Market Crash

Why You Shouldn't Worry About

 Market Crash 2015

Image result for what me worry


Have you been paying attention to the financial media recently? If so, you should probably kick that habit.
A lot of investors follow the financial media in order to help steer their investment decisions. They look at news stories that highlight economic data or interview well respected pundits who claim to know what’s going to happen to the stock market.
It’s easy to see why.
Big name analysts and investors — the rockstars of our field — command a lot of respect among investors, and publications such as the Wall Street Journal and Forbes are nothing if not credible. Read More.

Is A Crash Imminent?



Sunday, 25 May 2014

Humanity's Question: To be, Or not to be?

WHETHER IT IS NOBLER IN THE MIND?

(Special Report)



THAT IS THE QUESTION...




Today we are republishing a  commentary that was posted back in January 2013. The post is even more relevant today, as the critical issues we face as a species are escalating almost it seems beyond control. Reports are also being made by various LEGITIMATE groups including NASA, UN bodies and the White House and Pentagon. These reports are posted through-out our affiliated blogs and may be searched by keyword. Moreover, let's not forget too, that Stephen Hawkings sits on a committee that is actually planning "end of world events", while The Bank of England  is calling for a wholesale change in the dogmas of classical economics - as the stresses of infinite growth are self-evident in so many countries around the world. 

As a further result, the possibility that the EU, Japan, China and other third world nations could financially collapse is a very real danger that could be sparked by an abrupt climb in global interest rates. Many events at any moment could spark this rapid rise, that would cause the greatest and most unprecedented collapse in asset values around the world where credit and banking bubbles in real estate and market investments, exist almost everywhere - another dark age looms large on the horizon.

Economics is not the only cancer that has terminal implications. Overpopulation and unbridled industrial destruction of the biosphere are crossing over to the exponential phase. Should  average global temperature rise just a mere 2 degrees C., some experts say we risk triggering a methane bomb that yields the same consequences of the Permian Extinction's climate conditions  - over 95%  of life on the planet was wiped out in short order.


Words of Science 



More could be said, but what should be obvious from the preponderance of scientific and expert facts and conclusions - "we are on the wrong path"  and the destiny of the road is all too certain in fairly short order. A less travelled road is required. One that does not focus on the ambiguous linguistic meaning of " sustainability," but rather a turn to the path that is more concrete in nature, more measurable and absolute - " longevity!" Why? Because that goal forces us to apply hard mathematics and physical concepts to the planet's realities. Moreover, what is clear, for instance, is that a global population creating equal per capita footprints of 1 billion people lasts seven times longer than our current population's numbers, all other things also being equal. And if reduce the average per capita `footprint - we add greater value to our species' possible longevity.



Unbridled Growth Leads To One Destination  





To briefly sum up, our goals need to redirected towards the path of longevity and not the cluttered language associated with the concepts surrounding sustainability. We must be more object and absolute in our purpose or we will remain exposed to manipulation. 

To take this path, four steps are essential. The pursuit of infinite growth in a finite context must be deemed redundant and acknowledged as impossible. It must stop in all ways. Two, global populations worldwide must be dramatically reduced in the coming decades. Concurrently, the global per capita footprint must also be reduced by 75% OR MORE. These are non-negotiable actions that are imperative to the longevity goal; anything else would be foolhardy.


Why?




Lastly, and most importantly all-out WAR must be declared on climate change. For if we cannot reverse the course of the now self-evident feedback loops affecting and destroying our planet, then all preceding measures listed, and indeed any other measures conjured by noble minds, would be muted by a course of physical activity in the biosphere that has only one ill-fated conclusion. Extinction...

So this is without doubt the outrageous misfortune of the slings and arrows of our times. Now it is up to us, collectively as a species, to choose a path; perhaps one less travelled, and decide - "to be, or not to be". 


If we have the time...






First Financial Insights
May 25, 2014
(Special Report)




WHAT IS OUR GOAL?

 HUMAN LONGEVITY OR UNBRIDLED GROWTH?


Club for Growth President Chris Chocola on C-Spans Washington Journal

Now, here is something you may want to think about given; first, the hard finite constraints of the planet's resources, and second, the mathematical intersection that must ultimately occur between this finite regression and time's infinite linear regression.

What is Humanity's goal? Sustainability? Rapid Extinction? Or Longevity? Personally, I prefer the latter option, as it gives us a little more time to do things; like space travel, accelerate human evolution or perhaps determine the preconditions that define the Laws of Thermodynamics... e.g. Anti-Entropy???. You got to start somewhere.

Now, let's look at the simple math. Lets say we target to degrowth our extraction and consumption activities by seven fold using population as the proxy metric.Taking population levels from 7 billion down to 1 billion, would extend our visitation rights on terra firma by a corresponding seven fold years, in theory. Hmmm. Ponder the unborn gratitude heaped upon us by our future generations for pursuing such wisdom.

Consider also, if we optimistically have only one hundred years left under our current extraction and consumption algebra. Degrowthing,  gives us a shot at at least another seven hundred years, all other things being equal.

So you see in the end, it is not about accelerating growth in both resource "extractions" and populations in order to bring on our species premature extinction; not at all.It is all about that unselfish goal of wisely using the resources of the planet, so that future generations are not subjected to intolerable conditions and have every opportunity to live in a  civilized manner that allows them to pursue the true progresses and nature of our spirit.   

Hopefully, when the growth addicts espouse their mantra next time, you will ask these questions: What is this all about? Extinction through rapid growth?  Elusive sustainability? Or longevity of our species?

Now, what is humanity's goal, if we truly want to reach for the stars? That's your call now...


Dr. Peter G Kinesa  
January 10, 2013



"we are here, thanks to the unselfish wisdom of our ancients"







Monday, 14 April 2014

Leading Expert Points to SUPER Nasdaq Market Crash

The Coming Super-Crash in NASDAQ? The Global Population Implosion and the Decline of Stock Markets




 I guess you noticed the swoon last week in the NASDAQ. I’m not bright enough to figure out where it goes next in the short-term. But I do have a couple of ideas about what will happen in the longer-term. The beauty about long-term guesses is that if I’m wrong, I won’t be around to have to take the brickbats

20 years ago the global literati were all up in arms about the coming global population explosion. Now it’s starting to look a lot more like we are going to face a population implosion. Rapidly declining fertility rates, the increasing propensity for educated women to delay childbearing or not to have children at all, are all leading to populations flattening out or even declining.

Most developed countries are in this category. That includes Europe and the US. The US is only managing to increase its population through high rates of immigration. Places like Japan are actually already seeing population declines. China of course is static. India is still rising but as it enters the next phase we can be sure that its population will flatten out too. Russia is heavily declining, although there are special factors at work (vodka, resignation).



What Investors' Insights says -




What the Media says -  


Wednesday, 9 April 2014

World's Top Economist: Economics Obsolete - Needs Fresh Existential Science

 

Why UK universities shouldn't be hostile to alternative economic models

We at the Post-Crash Economics Society believe room must be made in economics teaching for non-mainstream theories


The Post-Crash Economics Society at the University of Manchester
Brilliant Students way ahead of professors
What follows may just seem to be a story about one course option at one university, but it has important ramifications, not only for an ongoing national debate about economics education, but for economic policy and politics itself. We, the Post-Crash Economics Society at the University of Manchester, believe that the contents of economics syllabuses and economics teaching methods should be rethought in the light of the financial crisis. We were recently informed that our economics department had rejected our proposal to teach a module, called Bubbles, Panics and Crashes: an Introduction to Alternative Theories of Crisis, next year.

Does anyone ever listen?
This year, our society had run this module as a popular evening course, led by one of the few non-mainstream economists in the department. This was the only module offering any in-depth explanations of a variety of perspectives, or employing different methodologies and assumptions and applying them to economic phenomena. We have found it thought-provoking and informative and believe that Manchester should be providing courses such as this for all its undergraduates. Over the last few months we have run a campaign to persuade the university to make it part of the official curriculum. The result of this campaign was the support of the heads of both economics courses at Manchester – BA (Econ) and BEconSc –plus the department's head of teaching, and the support of 245, or one in five, economics students who signed a petition.



Economics is a science?
Despite an incredible amount of support, the module was rejected due to a veto from a few lecturers in the department. Some academics believe that alternative perspectives should not be taught in economics because they are not "rigorous" or "scientific", a claim that has allowed the mainstream to continually dismiss any alternative way of thinking as "bad economics", simply because it does not conform to the assumptions and mathematical formulas of neoclassical theory. 

Read More


More From Another World's Top Economist
"Thinking.... What a discovery!"

  

Tuesday, 25 March 2014

Humanity - The Destroyer of Worlds

Destroyer of Worlds

New research suggests there was no state of grace: for two million years humankind has been the natural world’s nemesis.
By George Monbiot, 
You want to know who we are? Really? You think you do, but you will regret it. This article, if you have any love for the world, will inject you with a venom – a soul-scraping sadness – without an obvious antidote.
The Anthropocene, now a popular term among scientists, is the epoch in which we live: one dominated by human impacts on the living world. Most date it from the beginning of the industrial revolution. But it might have begun much earlier, with a killing spree that commenced two million years ago. What rose onto its hindlegs on the African savannahs was, from the outset, death: the destroyer of worlds.
Before Homo erectus, perhaps our first recognisably-human ancestor, emerged in Africa, the continent abounded with monsters. There were several species of elephants. There were sabretooths and false sabretooths, giant hyaenas and creatures like those released in The Hunger Games: amphicyonids, or bear dogs, vast predators with an enormous bite.
Professor Blaire van Valkenburgh has developed a means by which we could roughly determine how many of these animals there were(1). When there are few predators and plenty of prey, the predators eat only the best parts of the carcas. When competition is intense, they eat everything, including the bones. The more bones a carnivore eats, the more likely its teeth are to be worn or broken. The breakages in carnivores’ teeth were massively greater in the pre-human era(2).Not only were there more species of predators, including species much larger than any found on earth today, but they appear to have been much more abundant – and desperate. We evolved in a terrible, wonderful world – that was no match for us.
Homo erectus possessed several traits that appear to have made it invincible: intelligence, cooperation; an ability to switch to almost any food when times were tough; and a throwing arm that allowed it to do something no other species has ever managed – to fight from a distance. (The increasing distance from which we fight is both a benchmark and a determinant of human history). It could have driven giant predators off their prey and harried monstrous herbivores to exhaustion and death.

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