We have published a small booklet ‘Global Economy under Siege – Possible Initiatives’. The booklet is based on a post that I published 14th December 2009. The booklet includes visuals created by Lisa Wilkens. Pictures can mean so much more than words. I hope that you enprepared a small booklet that you can download as a pdf or have us send you a copy. It includes the text of a post that I published on the 14th December 2009 and has since been edited. Lisa Wilkens has created visuals to accompany the text. A picture is worth a thousand words, thank you Lisa. I hope that you enjoy the booklet. I look forward to your feedback.
THINK ABOUT PRESS: Global Economy Under Siege – Possible Initiatives
2 Responses to “THINK ABOUT PRESS: Global Economy Under Siege – Possible Initiatives”
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Rich: Agree with the first comment by L where retail traders has the limit to gain access to high quality data and...
mark brant: Deevz, I think it can be simple if one uses intelligent levels of exposure like in HTT. I’ve read...
Deevz: @Mark: I dont think its that simple. Maybe you should reread Olsen’s papers on heterogeneous...
mark brant: I see excessive price movements as caused primarily, possibly soley, by leveraged trading on credit...
richardo: Behavior of traders is fractal; the impact of a forecasting service is to reduce the size of the big...
richardo: Yes, it is possible: You draw a point and figure chart with the following additional features. For each...
mark brant: Deevz, I think it can be simple if one uses intelligent levels of exposure like in HTT. I’ve read...
Deevz: @Mark: I dont think its that simple. Maybe you should reread Olsen’s papers on heterogeneous...
mark brant: I see excessive price movements as caused primarily, possibly soley, by leveraged trading on credit...
richardo: Behavior of traders is fractal; the impact of a forecasting service is to reduce the size of the big...
richardo: Yes, it is possible: You draw a point and figure chart with the following additional features. For each...
Dear Richard,
of course private companies are gaining more and more influence, while getting to the size of states, monetary-wise.
And of course, Google is a good example.
Maybe the perfect example because they get into state class negotiations, namely with China, with no need of backing from the US.
Democratic states play the diplomatic game, with hopes for China to better respect human rights in the long-run, but at the same time shy of, to still sell their national businesses.
And they have been loosing dramatically at this game.
Diplomacy is an heritage of the long international relationship history, with memories of conflicts, wars, tariffs.
Google represents only itself, it doesn’t fear war or reprisals toward its fellow-citizen companies.
Google has no dept held by the Chinese government.
Google doesn’t fear a loss; China is a new market to expand to, not a real-estate that could get lost.
They went to the negotiation table, clashed, rerouted the search queries to Hong Kong and maintain publicly a report of their services’ accessibility from within mainland China.
When one company can do that, a democratic process for decision taking and accountability would be more than nice to have.
Shareholder’s vote or markets moving the share’s price is not enough, customers, if we customers are Google citizens, should have their word to say.
Regarding ecology, I’m not sure that more computers and high-tech gadgets will make modern societies less energy-thirsty.
I don’t believe a revolution, even high-tech, will save the world. I know, it is not what you directly say in your booklet.
For a reminder, when most traffic was powered by horses, automobile sounded like the solution to fight waste and pollution.
You say; it is even more efficient to get rid of private cars then to reduce their ecological footprint. Isn’t it the same for computers?
We should at least slowdown their obsolescence.
How to slowdown without recession… I guess by changing the accounting rules and reward services that “benefit society at large”. And that will be equally tough for states and for international companies that count respectively their GDP and volumes.
Sorry to squat your blog, best regards,
Loïc.
PS: nice graphs… and nice font too
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