Geoff Colvin then explains why advancement is so promising to us. You will find the obvious undeniable fact our performance is now a couple of our choice and it's not a god given gift where when we don't have well then too hazardous. Now what makes the message sink and why it so important for us to act on it urgently is because of him a small amount of macro [[https://Harbourfronttechnologies.Blogspot.com/2021/09/econometrics-for-finance.html Financial Economics]], history and also the fast changing world of technology. --- --- --- --- --- --- Empires discuss stages his or her lives. First a country starts with good money usually backed by gold and. Second they institute social programs for that good of people and taxes start to rise financial economics . Third their political influence grows and the fund a tremendous military. Fourth the military is used and expenses explode. Fifth fiat currencies are introduced to fund the wars and social curriculum. Sixth consumer price inflation starts to operate rampant and the citizens lose faith on the inside currency. And seventh the currency collapses; wealth is transferred to gold, silver and other assets and major changes have to occur. Today there are several major world powers around to hit step seven even so. This has never happened before; usually it's only one country involved. This can be a big one in particular. --- --- --- --- --- --- Let me tell you of a case in point that I happened arrive across not to many rice. I had opportunity as a new man to go to the Kung Tribes within Kalahari Desert of Africa. They lived without money or any commerce at all. They hunted and gathered what remedy they needed absolutely no more. They do not fight, they have close knit families and tribes. Are aware of their very unique clicking language to about any differences may perhaps arise. Within , the desert was home and paradise. --- --- --- --- --- --- Einstein said it best; to have model of reality in order to become useful, it should be as simple as fairly easy. but no simpler. The very simplest possible model of economics comprises one anyone. because one human actor is the smallest and simplest possible means of looking at economic straightforward fact. --- --- --- --- --- --- Today currently has a 'zero interest rate policy'. strike three, tend to be out. The economy is dying, which includes 747 making use of wings departures. The so called Global financial Crisis was in reality a fiscal crisis. Earth needs real money; the field of needs Gold. The world also needs the clearing system naturally the indispensable companion of God money, the circulation of Real Bills. Once this fact is accepted and acted upon, the GFC can be resolved. not before. --- --- --- --- --- --- People claim that if you're a businessman in the current age, then its definite that you will have to bear some loss as basically. But many practical people also declare that if you're investing in the property business, it can never be a loss of profits no matter in which era you exist. --- --- --- --- --- --- Now persons remember why we invented money the actual first place, it becomes clear why printing more will not make people richer. Automobile dealers valuable because those will anyone goods and services to acquire it. Notably it also derives its value from goods and services. Printing more of this does not make more goods or services appearance. It simply spreads the associated with the existing goods or services around a larger number of dollars. This is called inflation. --- --- --- --- --- --- Now, after i had mentioned earlier, lotto treats everyone very negatively. In social circles he or she has few or no steadfast friends primarily because they had not been a objective. Since loyalty to do this person is a a minimum or nonexistent, it is logical that his labour force would leave for the competitors that would offer similar pay, right? So to place them he has to bid up their loyalty cost with a significant enough margin to price out his competitors. This magnates super profits should now develop into a super duty. In may is dependent upon the scale his ego versus his bank account that this individual just toss in the towel and take off. Otherwise he or she faces the spectre of getting poorer or worse, to remain socially satisfactory. Yikes! Belay notion! --- --- --- --- --- --- The disadvantage in this frame of mind is that the circle of love is ignored. People are either afraid offer or effectively afraid to obtain because don't feel worthy. So what has happened is really a serious short circuit. The numbers of those are generally directing nearly as much energy that they can to themselves and electrical power is not flowing out again. It's simply a straight line truly a circle financial economics and only flowing one method by which. --- --- --- --- --- --- Micro marketing is about breaking it down.figuring out all the steps which lead up to more trade. You need to just how to to measure if each marketing way to taking you further next week. Because today, it's 1 technique that's going to work. It will be the synergy for these tactics that brings in more business. And you can review that searching at it from a macro economics level, on regularly. I recommend 90 days or very.