Tag: crisis

June 10, 2020 admin123@ No comments exist

Everything Covid-19 is the ‘everything crisis’. Its impact is sharper, deeper & less predictable than previous shocks.  Even good firms & talented workers will be affected.  Don’t put all the eggs in one basket – diversifying reduces risk of running out of cash before recovery starts. To get an omelette, we have to break eggs. …

January 16, 2020 admin123@ No comments exist

Over Climate change is over; we’re in climate crisis now.  2020 will mark the turning point when weather becomes a more urgent priority than economic growth.  Governments representing 206m people have declared climate emergencies.  Future generations will have it hot, hot, hot Guessed the Word?        Series 53 (1/7)         pic: riaSopala

November 22, 2019 admin123@ No comments exist

Almighty The US dollar remains almighty.  It makes up 2/3 of international debt & 2/3 of global currency reserves.  Oil & gold are priced in dollars.  Kidnappers of ships & people demand dollars.  European firms buy European planes in dollars.  Even when the US is the source of the problem, as in the 2008 global financial…