Operationalizing The First CBDC- After Its First Year, Island Pay CEO, Richard Douglas, Shares His Experience

Human knowledge proceeds in fits and starts. Although the velocity of change has accelerated over the years, certain intractable problems stand out for their resistance to thought and deed. Of this group, there are problems that are hard, which are not purely engineering problems, such as quantum computing or deriving usable energy from small-scale fusion…

How Low Will Stocks Go?

Global selling getty This year’s Black Friday was marked not by buying, but by selling, as overseas markets plunged in overnight trading Friday, with Japan’s Nikkei and Hong Kong’s Hang Seng down over 2.5%. The Spyder Trust (SPY) SPY , which tracks the S&P 500, opened down 1.4%, which in turn triggered even more selling…

GDP Growth Is About To Explode

Black Friday and Cyber Monday dates of November 2021 getty Last Wednesday multiple economists significantly increased their GDP growth forecasts for the December quarter. While the September quarter’s growth seems to be just above 2% after two quarters of 6% plus growth, it appears that December’s quarter growth could even be significantly above the first…

Making The Most Of Midlife Crises

Carl Jung said, “One cannot live the afternoon of life according to the program of life’s morning; for what was great in the morning will be of little importance in the evening, and what in the morning was true will at evening have become a lie.” It was actually physician and psychoanalyst, Elliot Jaques, who…

What Does Omicron Mean For Markets?

A passenger holds his mobile phone while looking at an electronic flight notice board displaying … [+] cancelled flights at OR Tambo International Airport in Johannesburg on November 27, 2021, after several countries banned flights from South Africa following the discovery of a new Covid-19 variant Omicron. – A flurry of countries around the world…