Nice chart, which shows why countries in green on the perimeter, like Iran, Peru, and Turkey are known for their stability, while countries closer to the center, like Japan, the US, and Canada are known for their high inflation and weak currencies.
A herd of unicorns is at the stable door, looking to trample Wells Fargo & Chase. Fintech is responsible for roughly 1 in 5 (17%) of the world’s unicorns, more than any other sector.
https://t.co/3LxBaDH2to
😂We thought so, too! @bcheungz is such a tease!😉 Runaway inflation is another term for hyperinflation - when high inflation becomes entrenched and escalates to being so rapid and out of control that normal expectations of price movements and value quickly become obsolete.🧵1/4
love new @ecb cartoons, very clever at capturing nuances of monetary debates
excellent material for teaching, and subtle trolling of the other central bank in Frankfurt
take 1: inflation vs deflation
Will English chants in the football against Denmark reference British ships bombing neutral Copenhagen in 1807, or invading neutral Iceland (ruled by Danish king) in 1940?
National Taiwan University Hospital has an Instagram cutout for people waiting to get vaccinated. Extra nod to Japan and the US for their donations of AZ and Moderna.
Japan pledges to defend Taiwan if China attacks, says deputy prime minister Taro Aso | This is an important declaration by Japan. It will infuriate China. https://t.co/wWKUZwh1MS
Minors cannot play games after 10pm or spend excessive amounts on video games according to the law.
Yet many use their parents account, without their knowledge, to bypass these restrictions.
Tencent is utilizing facial recognition to identify minors curbing these rules.
Facebook [@Facebook] and Liquid Intelligent Technologies [@liquidtelecom] are partnering to lay down 2,000km of fibre in the Democratic Republic of Congo which will eventually connect with the 2Africa cable, a major subsea cable that’s also been co-developed by Facebook.
I have found a truly terrible investment strategy. Invest in the companies that sponsor Manchester United.
Using end-June trading points, since 1985 the strategy is -75% while MSCI World is +1235%. That annualises to -4.4% v +8.7% over 31 years.
Fantastic piece from @JavierBlas on why basically every commodity around the world is surging these days. This part was really interesting https://t.co/2HGVSQ3Ew8
Do most people realize that the space race between USA v China has started???
This past week:
- China setup their own independent space station & did a video call with Xi XinPing
- China announced their Mars base plans
- USA permanently prohibiting cooperation w/ China in space
Japan was experimenting with QE and zero interest rates long before anyone else. 20 years later, still no sign of inflation, but a lot of other problems. Is this the future for many post-stimulus countries? @mit_obe@NikkeiAsia
https://t.co/4IV18ex8e6