Automation, robotics, and 3D printing will obliterate China’s low-cost, state-subsidised manufacturing industry.
We knew the romance around the ‘sharing economy’ wouldn’t last forever. Uber and other ‘sharing’ businesses have had a neat run of it.
Gold has value because it requires effort to produce it. Gold has value because it isn’t replicable. A central bank can’t create new gold on demand.
One of the most important recent developments is the emergence of virtual currencies (VCs). VCs are issued without the involvement or backing of a state.
For all intents and purposes, School of Advanced International Studies (SAIS) is the intellectual boot camp for the IMF. Many SAIS graduates go directly into the IMF.
The Aussie property market is hugely overvalued. Households are taking on incredible amounts of debt to pay for properties that are on the verge of a massive price collapse.
–All-time highs in the US again overnight! –Only this time, the major exchanges acted in unison. The Dow, the S&P 500 and the NASDAQ hit all-time highs together for the first time since 1999. –Nothing major happened to send the…
Things have changed. Australia is no longer an economic miracle. Here’s the giveaway that the Aussie economy is in more than a spot of bother.
Fully automated vehicles could create a whole new investment wave as savvy investors buy into fleets of autonomous cars for the new rental market.
Everything about the International Monetary Fund (IMF) is designed to make it difficult for outsiders like you to have any idea what is going on. It prints money like most central banks, but this world money has the opaque name of special drawing right, or SDR.