Money, an Essentially Useless Substance?

Dmitry Orlov recently posted an article titled Definancialisation, Deglobalisation, Relocalisation.

For those not familiar with Dmitry, he is the author of Reinventing Collapse, which is all about “prepar[ing] for life without much money, where imported goods are scarce, and where people have to provide for their own needs, and those of their immediate neighbours.”

. . . → Read More: Money, an Essentially Useless Substance?

Microsoft Inside the Exchange

Microsoft has long faced by a credibility gap in getting into mission critical, enterprise settings. One initiative they embarked on was the `TradElect’ system which did trading at London Stock Exchange. This trading system was built by Microsoft and Accenture who were keen to prove that it could work. It utilised a series of . . . → Read More: Microsoft Inside the Exchange

More Economists Point to Recovery Signs

On June 1 we pointed to three clear markers that signified the beginning of US economic recovery. As we enter July more and more economists are also reflecting on the signs that the US economy as a whole is returning to growth.

On Tuesday, Rebecca Wilder in her excellent blog “News N Economics,” reflected, . . . → Read More: More Economists Point to Recovery Signs

Financial Market Conditions at Mid-Year

As one of the large number of Americans who depends on a positive business and investment environment for his prosperity, I regarded the election of Barack Obama as president with Democrat majorities in the House and Senate with considerable concern.

But more than the usual number of my fellow businesspeople and investors supported them, . . . → Read More: Financial Market Conditions at Mid-Year