ECONOMICS & FINANCE
Artificial intelligence is changing the way countries interact. By 2030, AI technology is forecasted to contribute more money to the global economy than the current output of China and India combined, and nearly $230 billion will flow directly into the economy of the Middle East.
As a giant in streaming, Netflix seems far too relevant to even consider leaving their state of optimism anytime soon. The dotcom bubble has acted as a framework to understand the factors that can lead to speculative bubbles.
The two neighbors’ rivalry predates their existence as sovereign nation-states.
The central question to the study of economics remains the same: how do individuals allocate resources, given that resources are always scarce?
Famine conjures up disconcerting images of emaciated people and wasting, languid children. Witnessing it comes as a visceral shock – the slow and silent extenuating of social structures, family and then the human body itself.
It’s easy to forget how the markets operate. No matter the analysis or the number crunching, all investors are susceptible to others’ decisions. Exposing money to investments without adequately considering this paradigm and completing the corresponding two-sided due diligence is perilous.
While the idea of curbing excessive greed is divisive and useful for a politician to rally public political support, these accusations only provide a cursory look at the problem that underlies Corporate America and America’s Political Economy.
By now, even the most economically disinterested person has caught a whiff of the vaunted interest rate hike being debated by the Federal Reserve.
Many people already recognize the harmful effects globalization has had on the environment and how it has marginalized people in favor of profit. Blockchain can empower the individual, helping them make more informed decision making in the market, keeping supply chains transparent, and allow for me peer-to-peer interaction without having to go through financial intermediaries who raise costs and withhold information.