The financial system in the US and, God forbid, that of ROW seems to be in for Black Swan events. Even if you and I may not agree with the dire predictions, it makes sense to hedge our situation as far as our financial assets are concerned..read this piece. FT.com / Columnists / Martin Wolf … More One more prophet of doom…Is a black swan in the making?
Sub-prime mess, credit crunch, US recession, Eurozone troubles, non-decoupling of emerging markets… Suddenly every expert is a prophet of doom! Question: If banks and the likes of them have lost US 400 Bn (and counting) some people must have got this money or will get it no? After all all these dollar bills have not … More Where has all the money gone….going? Why so much gloom?
To develop our leadership skills we must grasp reality as it is. But seeing things as they are is not that simple. To quote the genius Albert Einstein – Wikiquote Whether you can observe a thing or not depends on the theory which you use. It is the theory which decides what can be observed. … More Making sense of reality….