Data is the New Dollar: The Future of Value

Historically, companies have pursued the dollar as a measure of value in the pursuit of shareholder value. Cash flow, profits, and asset values are all about dollars. I think an additional set of measurements can be added to the mix around the value of data....
Greece, a financial reflection of the U.S.

Greece, a financial reflection of the U.S.

The United States will probably not face the same kind of crisis as Greece, for all sorts of reasons. But the basic problem is the same. Both countries have a bigger government than they’re paying for. via Economic Scene – In Greece, a Reflection of U.S. Debt...
The Federal Debt: How To Lose A Trillion Dollars

The Federal Debt: How To Lose A Trillion Dollars

But, according to the Congressional Budget Office, annual debt payments — currently about $200 billion — are set to skyrocket. CBO estimates that interest payments on the federal debt will total $916 billion by the year 2020.”Interest rates are going to rise and...

Whoops, what’s in a name

Confusion over the names of two similar-sounding African countries may have helped boosted oil prices to near $80 a barrel this week as traders rushed to buy oil after reports of a military coup. A Reuters reporter received a flustered phone call from a hedge fund...
Global inequality dramatically decreasing

Global inequality dramatically decreasing

Income is becoming more distributed around the world. A comparison on 1970 to 2006 shows vast improvements in income distribution. According to this report – the income distribution trend is great. (Note, this income not wealth, which may be a different matter...