Filtered by tag: Economics

Migrants are an asset
Posted: 21 May 2018

Many advanced economies have faced static or even declining natural growth in their populations. Combined with ageing, as in Japan, this has severe implications for economic growth. The IMF says that these countries should see migrants as a valuable resource, rather than a problem, and I agree.

For another perspective, see the MindBullet 'BORDERS CRUMBLE, COUNTRIES MERGE AND SPLIT' ...

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More migrant workers needed to offset ageing population, says IMF
21 May 2018
Fund’s report advises advanced economies against greater controls on migration
MindBullet logo SWEDEN APPLIES FOR IMF BAILOUT
Nordic nation runs out of money for UBI program
Dateline: 24 November 2029
Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary ...
Deeply concerned about the line of this preduiction
Posted: 18 May 2018 1 Comment

Dear editors with all the respect this prediction sounds a little bit racist and it really disappointed me because I really like to read your predictions!

Unfortunately on this post you imply that migrants do not contribute in anything to the countries that receive them and more than that you insinuate that they could become in a heavy load for those Rich generous and mainly white ...

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MindBullet logo SWEDEN APPLIES FOR IMF BAILOUT
Nordic nation runs out of money for UBI program
Dateline: 24 November 2029
Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary Fund bailout. "UBI has bankrupted us!" said Jarl Johansson, spokesperson for the Swedish National Debt Office (Riksgälden). The first-of-its kind national UBI scheme pays every Swedish resident over the age of 13, regardless of working ...
Malls are not dead - yet
Posted: 17 May 2018

Ten years ago (yes a decade!) we published this MindBullet about the changing future of shopping malls. Here's a report on the decline and transformation in US malls, and it's not over yet. According to this report, about one third of US malls need to close, and many need to transform, but "A" class malls are still very valuable.

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DEEP DIVE: The Mall Is Not Dead: Part 1 - Coresight Research
17 May 2018
This is the first report in a three-part series in which Fung Global Retail & Technology analyzes the US mall landscape.
MindBullet logo FROM MALLS TO MARKETS IN A DECADE
Economic quagmire destroys appetite for 'retail therapy'
Dateline: 30 October 2018
Today is the tenth anniversary of the opening of 'Westfield London', then the biggest urban shopping mall in Britain. This marble temple to up-market ...
How millennials will boost the gig economy
Posted: 8 May 2018 1 Comment


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MindBullet logo OLD JOBS DIE, NET WORK BOOMS
As traditional employment falls, entrepreneurship has never been stronger
Dateline: 17 September 2016
Isn't it interesting how often predictions about the future turn out to be completely wrong? Take the astonishing explosion of technology. The fear was that technology would kill jobs and put people on the street. The new connected world is doing exactly the opposite! Don't get me wrong, it certainly is killing some jobs - mainly low-value admin and 'grunt-work' positions. But in a world ...

SWEDEN APPLIES FOR IMF BAILOUT

Published on: 17 May 2018 3 Comments

Nordic nation runs out of money for UBI program

Dateline: 24 November 2029

Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary Fund bailout. "UBI has bankrupted us!" said Jarl Johansson, spokesperson for the Swedish National Debt Office (Riksgälden). The first-of-its kind national UBI scheme pays every Swedish resident over the age of 13, regardless of working status and formal citizenship, a monthly living wage. The program was hailed as a progressive social success when ...

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CHINESE MILLENNIALS OVERRUN THE WORLD

Published on: 10 May 2018

Tourism is the new addiction for affluent young Chinese

Dateline: 5 June 2025

In just over two decades China has grown from small fry in travel terms to the world's biggest outbound market, leapfrogging and outpacing the United States. "May you live in interesting times!" is an ancient Chinese curse, a bit like a reverse compliment. Now it should be "May you be visited by many Chillennials!" It's a double-edged sword, both a blessing and a curse. Chinese millennials, as a segment or cohort, have more spending power than their American or European counter-parts; partly due to ...

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China adds 10GW of solar power - in three months
Posted: 2 May 2018 1 Comment

This is equal to the output from 10 giant nuclear power plants - and China added it in just three months!
What on earth is South Africa doing with a profligate and inefficient Eskom, and continuing with plans for nuclear...in one of the sunniest countries of the world! ...

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China is installing a bewildering, and potentially troublesome, amount of solar capacity
2 May 2018
It added almost 10 gigawatts of photovoltaic generation to its grid in the first three months of this year—allow us to provide a little context about how ...
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...
Beyond borders, and the nation state
Posted: 24 April 2018

From the Guardian, a long read:
"On the eve of its centenary, our nation-state system is already in a crisis from which it does not currently possess the capacity to extricate itself. It is time to think how that capacity might be built. We do not yet know what it will look like. But we have learned a lot from the economic and technological phases of globalisation, and we now possess the basic ...

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The demise of the nation state
24 April 2018
The long read: After decades of globalisation, our political system has become obsolete – and spasms of resurgent nationalism are a sign of its ...
MindBullet logo BORDERS CRUMBLE, COUNTRIES MERGE AND SPLIT
Migration is the new normal as ultra-mobility ramps up
Dateline: 28 October 2023
In the face of a constant flood of political and economic refugees, as well as 'citizens of the world,' geographic borders are becoming an increasingly ...

INNOVATION IS NOT A GOOD IDEA

Published on: 22 March 2018

It's about working on a really great problem

Dateline: 5 April 2023

You might have a great idea, and be obsessed with it, to the extent that you can't sleep, can barely eat, and all your conscious hours are spent on thinking how you can improve on this idea, and share it with the world. Stop. This is not how innovation, truly great, disruptive innovation, works. It's all very well to be obsessed; but be obsessed with a problem, a real problem. Like how to feed the world, or solve water scarcity, or make a car that gets 100 miles to the gallon, and costs 1,000 ...

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A computer the size of a salt flake
Posted: 19 March 2018

IBM has announced a system that includes a processor, memory, optic communications and a photo-power cell, all on a tiny silicon package 1mm square. It's so small, 64 of them can fit on the tip of your finger! Great for self-powered sensors and embedded devices that can provide data to systems like, shall we say, blockchain controlled logistics?

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IBM has created a computer smaller than a grain of salt
19 March 2018
This thing is really tiny.
MindBullet logo MOORE'S LAW COMES TO AN END
High performance computing is embedded everywhere and virtually free
Dateline: 22 September 2022
Moore's Law says, in essence, that computer processors become twice as powerful, and half the price, approximately every two years. Over time that sort of ...
Bitcoin getting the boot from Google
Posted: 14 March 2018

Online advertising is being self-regulated, probably to avoid it being regulated by government. Google sees to be taking the step to prevent risky (ad)ventures like spread betting, and is including cryptocurrencies and forex trading in that group.

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Google is banning all bitcoin, ICO, and cryptocurrency ads from June
14 March 2018
Google plans to ban all cryptocurrencies and binary options adverts, and is cracking down on ads for other speculative financial instruments.
MindBullet logo THE BITCOIN BUBBLE BURSTS
Controversial digital currency collapses as clones saturate the market
Dateline: 15 March 2015
In essence, Bitcoins are digital artifacts created by using computers to solve complex mathematical formulae, essentially cracking a code. The reward one ...
Plenty vertical farms in China
Posted: 1 March 2018

A startup company is planning to build 300 urban farms in China. Sounds like our MindBullet on this subject is spot on.

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US startup secures $200m in funding to build 300 vertical farms across China
1 March 2018
WHY THIS MATTERS IN BRIEF The world’s population will grow by another 2 billion by 2050 and many think today’s agricultural systems won’t cope, as a ...
MindBullet logo THE GARDEN OF REASON (OR IS IT TREASON?)
Urban farming is here to stay, and that's a good thing, isn't it?
Dateline: 1 March 2021
For some time now, various cities have been experimenting with vertical farming, rooftop farming, and even basement farming with LED lighting. Now it's ...

THE GARDEN OF REASON (OR IS IT TREASON?)

Published on: 15 February 2018 1 Comment

Urban farming is here to stay, and that's a good thing, isn't it?

Dateline: 1 March 2021

For some time now, various cities have been experimenting with vertical farming, rooftop farming, and even basement farming with LED lighting. Now it's maturing into a fully-fledged industry, just like fish farming. Farming without land, or even soil, sounds like a contradiction in terms, but hydroponics is not a new idea - it's just become more profitable. Being physically close to the consumers is the ultimate competitive advantage. Beyond the need for land, traditional farming has to contend ...

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Scary futures for 2018? Maybe not...and so what does a future filled with change in many spheres all mean for you?
Posted: 7 February 2018

As unexpected events continue to surprise we need to be ready for constant volatility, not only in investment markets but also in global events, geo-politics, finance, human behaviour and so on...

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Outrageous predictions for 2018
7 February 2018
A look at Saxo Bank's annual list.
MindBullet logo 2010-2020: A DECADE OF STEP-CHANGE THINKING
A review of the past decade’s most important trends – PART 2
Dateline: 1 January 2020
Boeing Buys Bombardier as Air Travel Goes SmallBoeing last month outlined their view of the future: pilotless small planes that can land at any local ...
Has the bubble burst?
Posted: 6 February 2018

In 2013 we speculated that, ultimately, bitcoin would collapse due to the large number of alternative or clone coins saturating the market. We still believe that blockchain technology is disruptive, and will change the way fintech and contracts work, but the essential problem with bitcoin is it's based on scarcity, and in the digital world there's massive abundance, of everything. Digital ...

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MindBullet logo THE BITCOIN BUBBLE BURSTS
Controversial digital currency collapses as clones saturate the market
Dateline: 15 March 2015
In essence, Bitcoins are digital artifacts created by using computers to solve complex mathematical formulae, essentially cracking a code. The reward one receives is itself an encrypted code, which can be transferred to others, hence the term 'crypto currency'. Inspired by Bitcoin, Primecoin's protocol searches for chains of prime numbers. Digital currencies like Primecoin and Bitcoin have ...
Facebook falls
Posted: 2 February 2018

After a few months of tweaking the News Feed in order to make it more personal and harder for fake stories to spread, Facebook says that overall usage has dropped by “roughly 50 million hours every day.” says the Verge.

Our MindBullet from several years ago suggested that Facebook could face a declining future. ...

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Facebook usage falls in the US as it begins to tinker with the News Feed
2 February 2018
Facebook said usage fell by "roughly 50 million hours every day" overall after making changes to the News Feed. That came along with a decrease in daily ...
MindBullet logo FACEBOOK TO CLOSE: GEN Z REJECTS DIGITAL LIFESTYLE
Flower children of the twenties look for analogue bullet
Dateline: 12 January 2021
In what might be considered a typical anti-establishment rebellion of youth, teenagers of the 2020s seem to be disenchanted by their parents' excessive ...

CONTROLLING THE DIGITAL ECONOMY

Published on: 1 February 2018

Government tries to follow the money

Dateline: 1 February 2021

Now that the bulk of the so-called 'capitalist political economy' operates on digital platforms and through digital channels, it's inevitable that government wants more influence and control. But will it work? In the aftermath of the dotcom boom, everybody wanted more access and better networks, and it wasn't long before broadband came to be regarded as a basic human right. Wireless networks and smartphones connected everyone else, and suddenly the whole world was on the 'net! Sure, some ...

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Liquid batteries could gain from new discovery
Posted: 23 January 2018

As we wrote in our MIndBullet in 2009, massive liquid batteries have the potential to easily absorb spare solar or wind power, and release it later to keep a whole city on the go, balancing out grid demand. If the technology could be made reliable, and efficiently scaled up.

Now MIT have made a discovery which promises to make grid-scale liquid batteries a feasible proposition. Perhaps big ...

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MIT discovery resurrects potential of molten salt batteries for grid level power storage
23 January 2018
Cheaper than lithium, and constructed using very common materials, molten salt batteries could be back on the menu thanks to a new steel-based membrane ...
MindBullet logo LIQUID BATTERIES KEEP THE BIG APPLE SHINING
New York City runs all night on a single charge
Dateline: 21 April 2015
In the city that never sleeps, the lights burn all night. But don't worry, they're not consuming precious fuel or polluting the environment, because the ...

WHO TURNED OFF THE NIGHT?

Published on: 4 January 2018

Greenpeace calls for light curfew to bring back the dark

Dateline: 9 January 2023

What happened to those lovely dark nights, when all the stars came out? They're gone, along with hurricane lamps and black outs. Now that LED lighting has conquered the world, seen from space our planet is a bright, glittering jewel at night. Even darkest Africa is filled with a billion points of light, and more's the pity. It's unnatural and astronomers hate it. The obsession with climate change has waned, and activists are focusing heavily on pollution, especially light pollution. They want ...

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Printing bacterial batteries
Posted: 4 December 2017

Is it a battery? Is it a solar cell? Is it organic? Perhaps all three. Scientists have successfully created a cell that produces power from sunlight, and continues even in the dark. And it's made from printing bacterial 'ink' on conductive paper.

Could this be the breakthrough that ushers in 'free' energy? ...

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Scientists Create A Solar Cell By Printing Bacteria
4 December 2017
By using the bacteria, they have overcome the primary issue with conventional solar cells, which need constant sunlight to generate electricity.
MindBullet logo SCIENCE CLONES NATURE FOR 'FREE' ENERGY PLAN
Nano-machines do photosynthesis better than leaves
Dateline: 12 June 2030
What started as a bold project at Imperial College London in 2009, has now reached its first stage of commercialization in the deserts of north ...

Filtered by tag: Economics