China is Being Looted By Kleptokapitalist Bourgeoisie – Business Insider

The entire Chinese economy has been captured by looters who conceal their crimes behind fraudulent reporting. Like their corporate brethren,they rely on fraud to continue the Communist Ponzi System. Chinese fraudulent economic data is hiding the scale of the slowdown and this is becoming evident right across the economy. In an astounding example of Chinese [...]

Can Money Buy Happiness?: Scientific American

Their first study, conducted with adult employees of the University of Liège in Belgium showed that the wealthier the workers were, the less likely they were to display a strong capacity to savor positive experiences in their lives. via Can Money Buy Happiness?: Scientific American.

The Low-Down: Outcomes Over Outputs: The Post ROI Business World

The first evidence came in the 90s when the shareholder value movement gained primacy. The notion was that the interests of the ‘owners’ of the business should come first. This spawned ‘pay for performance’ which was supposed to have forced managers to have ‘skin in the game.’ But as many observers have noted, measurements begin [...]

What if Natwest / RBS problem is not a glitch?

What if… 1) The bank has had a margin call behind the scenes or it simply has gotten to the end of available resources? This would mean the bank is technically bankrupt, and only a few days away from announcing it publicly -perhaps blaming the computer problem as the event that caused its demise. 2) [...]

5 things Pinterest needs to do now to become bigger than Facebook

1) Povide a forum 2) Integrate better with all social media tools 3) Offer live chat between members 4) Integrate the service with WordPress, giving users the ability to include their favourite photos in their posts 5) Stop focusing on traditional web advertising (“eyeballs”) and concentrate on building more profiltable joint ventures If you guys [...]

Made in China Not Worth Hassle for Small Firms Returning to U.S. – Bloomberg

“What we’re seeing is regionalization, buying stuff from manufacturers in the region where you’re going to sell it,” says Michael Degen, CEO of Nortech Systems Inc. NSYS, a contract manufacturer based in Wayzata, Minnesota, that has eight factories in the U.S. and one in Mexico. “It’s very noticeable,” he says. “We’ve seen movement in terms [...]

Americans Are Delusionally Optimistic – Business Insider

When you spread your assets and interests across multiple locations– a bank account in Hong Kong, gold stored in Singapore, owning property in South America– you’re taking your hard earned savings and moving it outside the control of your home country’s bureaucrats.This puts you ahead of 99.8% of the population based on IRS filings who [...]

Why the Writing Is on the Wall at Microsoft – Forbes

Steve Ballmer has “singlehandedly steered Microsoft out of some of the fastest growing and most lucrative tech markets mobile music, handsets and tablets [and] in the process he has sacrificed the growth and profits of not only his company but ‘ecosystem’ companies such as Dell, Hewlett Packard and even Nokia.” via That’s All Folks: Why [...]

BBC News – NeverSeconds blogger Martha Payne school dinner photo ban lifted

As I said in my latest presentation about the future, our need for transparency + access to instant information drive corruption out of the system, for corruption can only thrive in systems where information is not openly shared. This is a huge development with great implications, and one of the reasons why I am optimistic [...]

“The End of the World as We Know It” by Dani Rodrik | Project Syndicate

“The End of the World as We Know It” by Dani Rodrik | Project Syndicate.