It remains uncertain as to whether the trade war between the US and China is going to drive China to devalue the Yuan further and exacerbate their relations. Continue reading Devaluation? Have we forgotten? Reasons for fluctuating currency exchange rates Gold standard, Breton Woods System and Nixon Shock
Contrary to the widely accepted perception that the bursting of the bubble was merely triggered by the gullibility of the masses, it seems that there were a number of events that led to the eruption. Continue reading The causes of the bubble economy in Japan during the late 80’s
why can volatility be so high in today’s somewhat sophisticated world of investment? What are the causes peculiar to today’s global financial market? There are supposedly a number of underlying reasons for high levels of volatility that have been witnessed in recent years. Continue reading Why can volatility be so high?
While he grew ever more desperate for yet another idea for a get-rich-quick scheme, one day, he stumbled across postal reply coupons in an envelop his friend sent him from overseas. A flash of light crossed his mind, and he was instantly enthralled by the idea, this time, for a legitimate venture. Continue reading Charles Ponzi (1882-1949): A conman whose notoriety has been forever embedded in our common lexicon
…although the rational mind is far superior in terms of getting from A to B and fulfilling our objectives efficiently, without the initial motivation, passion and an emotional drive, there is nothing to be achieved, and often inertia sets in. Continue reading From strategic ‘fit’ to ‘stretch’?
As the uncanny pertains to the feeling of being familiar yet partly foreign at the same time, it often causes cognitive dissonance within the experiencing subject. Continue reading The Uncanny
This painting that looks like the piece by the great Dutch painter of the 17th century Johannes Vermeer is actually an art piece by Han van Meegeren, one of the greatest forgers in the history of painting. Continue reading The Greatest Forger in the History of Art
…most multinational corporations (MNCs) are, in fact, not so global as the word “multi-national” implies. The scholars surveyed 380 MNCs, and it turned out that staggering 320 of them generated 80.3% of their total sales revenues in their indigenous triad. Continue reading Regional or Global