Month: May 2019

May 31, 2019 admin123@ No comments exist

Tariff war What happens to the global economy if the tariff war escalates?  The tide going out lowers all boats.  Higher import costs drive up inflation, squeeze buying power & drag down consumption.  Firms respond to lower demand & earnings by cutting investment & jobs, which worsens the downturn.  Tariffs sound good, but are actually…

May 29, 2019 admin123@ No comments exist

Intangibles Can’t see or touch intangibles, but they’re now more valuable than buildings, machinery, vehicles & computers.  Examples: brands, intellectual property, design expertise, trademarks.  Intangible asset Mickey Mouse’s copyright extended from 1984 to beyond 2023!  To win in an intangible world, invest in education, information & communication technology, urban planning, science and R&D Guessed the…

May 27, 2019 admin123@ No comments exist

Destiny Many want to shape their own destiny, and earn their daily bread, by running their own business. Governments should set a simple framework (basic rule of law, taxation, property rights) & get out of the way.  The power of trade, markets, competition, choice & innovation will unleash entrepreneurs.  State interventions & onerous rules suppress…

May 24, 2019 admin123@ No comments exist

Unmanned By weaponising unmanned aerial vehicles, pilots can endanger lives without risking their own.  Consider & counter the downsides of new tech early.  Drones must prove they can fly safely beyond line of sight, over human populations and at night.  Defences? Licences, nets, lasers, projectiles, electromagnetic pulses, jamming radio signals & suicide drones Guessed the…

May 21, 2019 admin123@ No comments exist

Anticipate Anticipate which type of business attacks you’ll get & from where.  Theft of client or bank data.  Fraud in client or employee systems.  Losing critical information or system access.  Focus on prevention, rather than detection Guessed the Word?         Series 42 (3/8)          [pic: analogicus]

May 20, 2019 admin123@ No comments exist

Loan shark Beware lenders using the words  “cash advance” instead of “loan” in documents.  This is designed to avoid usury laws and licensing requirements.  Consumer laws protect individuals from being fleeced.  But there’s no help for firms who borrow under deals which unfairly enrich the lender Guessed the Word?         Series 42 (2/8)   …

May 17, 2019 admin123@ No comments exist

Password A good, memorable password is long, not complex.  Like ‘Snow White & the 7 dwarfs’ (rather than 8 characters).  Even better – 3 random words which are easy to recall.  Average person has 19 passwords!  No need to change a password (unless it’s compromised) nor mix capital letters, numbers & symbols.  Password managers don’t…

May 13, 2019 admin123@ No comments exist

Guess the Word  and Contact Us for prizes!  Series 42 starts soon….. 1st letter of each Post Title (in a Series) spells a business word – spelt correctly or jumbled up.  Previous answers: Series 41  spelt  N-U-T-M-E-G-J-E-D  (JUDGEMENT) Series 40  spelt  L-E-A-D  (DEAL) Series 39  spelt  N-O-C-U-T-D-O-W-N  (COUNTDOWN) Series 38  spelt  F-A-T-F-I-R  (TARIFF) Series 37  spelt  R-E-C-I-T-A-L  (ARTICLE) Series 36 …

May 7, 2019 admin123@ No comments exist

Declutter Less is more!  Declutter & escape the oppression of too much stuff.  Even if we can’t control the big things – governments, markets, climate – we can control the little things through mindful consumption of what we buy, where we buy, & how we use what we buy Guessed the Word?      …

May 3, 2019 admin123@ No comments exist

Exchange Most transactions now occur with no monetary exchange.  Statistics only measure activities with money value, so these barter deals get omitted. Example: “Free” apps for smartphones.  They aren’t really free; we get them in exchange for giving up personal data or accepting advertisements Guessed the Word?           Series 41 (7/9)   …