Archive for November, 2009
How long was the depression? 24 months, 3 times as long and 3 times as deep then any for the past 60 years…
Deflationary trends are predictable due to the over supply from the previous period of easing credit allowing for over production and unsold inventories prior to the decline, as that inventory will continue to depress pricing until sold.
G20 will provide tripling of investments capital to head off the global collapse. Contraction not as bad as last year yet lingering onward, with many financial institutions becoming insolvent more bad news to come as a number of countries currencies collapse, as the bottom is not to be seen until the end of the 2011…
No one predicted the current crisis as accurately as Nouriel Roubini. His frequently bleak forecasts have earned him the nickname Dr. Doom. In his speech at Osec’s Forum for Swiss Foreign Trade and Investment, Roubini fully lived up to his name.
Source: Credit Suisse Group AG
Google’s Top Rated Futurist Speaker
Executive Director of the DaVinci Institute DaVinci Institute
MIT Professor Dan Ariely visits Google’s Mountain View
In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities. Not only do we make astonishingly simple mistakes every day, but we make the same types of mistakes, Ariely discovers. We consistently overpay, underestimate, and procrastinate. We fail to understand the profound effects of our emotions on what we want, and we overvalue what we already own. Yet these misguided behaviors are neither random nor senseless. They’re systematic and predictable—making us predictably irrational.
