The Futurist
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| Blog Name: | The Futurist |
| Url: | http://eufo.blogspot.com/ |
| Language: | English |
| Topics: | future, foresight, scenarios |
| Description: | The aim of the Blog is to look at the interface between the present and the future and to place current news stories into a future context. Our main interest is in geopolitics and the global economy, although we do venture into other areas as well. |
| Popularity: | 161 Followers |
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A New Monetary Order
The international pattern of settlements is hardly an issue that is likely to cause a great deal of excitement. And yet we may well become excited by it’s impact. In a thoughtful piece by Buttonwood in The Economist (see article), our attention is drawn to how the international pattern of settlements is changing, and how this will invariably alter the balance of economic and financial power
The international pattern of settlements is hardly an issue that is likely to cause a great deal of excitement. And yet we may well become excited by it’s impact. In a thoughtful piece by Buttonwood in The Economist (see article), our attention is drawn to how the international pattern of settlements is changing, and how this will invariably alter the balance of economic and financial power
Second Bailout Repaid
In October 2008 the Qatari Sovereign Wealth Fund took an equity stake in Barclays as part of a more general bailout package. Barclays looked to private overseas funding rather than seeking funds from the UK monetary authorities. This was questioned at the time, but it has meant that Barclays’ response to the financial crisis has been purely commercial, and that the strategies followed by the bank lack the political tinge that is
In October 2008 the Qatari Sovereign Wealth Fund took an equity stake in Barclays as part of a more general bailout package. Barclays looked to private overseas funding rather than seeking funds from the UK monetary authorities. This was questioned at the time, but it has meant that Barclays’ response to the financial crisis has been purely commercial, and that the strategies followed by the bank lack the political tinge that is
Beware Of Greeks Bearing Gifts
If one phrase captures the essence of modern American diplomacy, it is, as President Teddy Roosevelt advocated, to “walk softly and carry a big stick”. If a similar phrase were to be applied to European diplomacy, it is likely that it would be “timeo danaos et dona ferentes”. At the gates of Troy, the Trojans were warned to “beware of Greeks bearing gifts”. As it turned out, this was quite a good piece of advice. The Greeks gave the Trojans a horse, through which they were able to capture Troy. This cautionary tale came to mind when I learned of President Obama being awarded the 2009 Nobel Peace Prize (
If one phrase captures the essence of modern American diplomacy, it is, as President Teddy Roosevelt advocated, to “walk softly and carry a big stick”. If a similar phrase were to be applied to European diplomacy, it is likely that it would be “timeo danaos et dona ferentes”. At the gates of Troy, the Trojans were warned to “beware of Greeks bearing gifts”. As it turned out, this was quite a good piece of advice. The Greeks gave the Trojans a horse, through which they were able to capture Troy. This cautionary tale came to mind when I learned of President Obama being awarded the 2009 Nobel Peace Prize (
The Paradox Of Saving
The savings ratio interests me enormously. The Keynesians point to the paradox of thrift. At an individual level, thrift is a pretty good idea. It is living within our means, it is ensuring that we do not take on more responsibility than we can afford, and so on. However, if we all were thrifty, then consumption – a key drive to our economic prosperity – would be much less than it otherwise would have been. The paradox is that, at the individual lev
The savings ratio interests me enormously. The Keynesians point to the paradox of thrift. At an individual level, thrift is a pretty good idea. It is living within our means, it is ensuring that we do not take on more responsibility than we can afford, and so on. However, if we all were thrifty, then consumption – a key drive to our economic prosperity – would be much less than it otherwise would have been. The paradox is that, at the individual lev
Has Icarus Landed?
Those who have been following the tale of the Icarus Economies (see previous post) will be familiar with t
Those who have been following the tale of the Icarus Economies (see previous post) will be familiar with t
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