The Sharing Economy Is A Scam

The Sharing Economy Is A Scam

‘Sharing’ was supposed to save us. Instead, it became a Trojan horse for a precarious economic future… Founded in 2014, Omni is a startup that offers users the ability to store and rent their lesser-used stuff in the San Francisco Bay Area and Portland....
A Much Weaker Chinese Currency?

A Much Weaker Chinese Currency?

Only three trade war updates today worth mentioning, all of which should leave markets brimming with optimism. First, it has been reported that China has hacked 27 US universities to try to steal maritime defence technologies. Second, Zhang Shan, China’s Commerce...
Credit Exhaustion Is A Global Problem

Credit Exhaustion Is A Global Problem

Europe is awash in credit exhaustion, and so is China. The signs are everywhere: credit exhaustion is global, and that means the global growth story is over: revenues and profits are all sliding as lending dries up and defaults pile up. What is credit exhaustion?...
MIT Tech Can Beam A Voice Into Your Head

MIT Tech Can Beam A Voice Into Your Head

According to MIT, there now exists technology that can beam a voice right into your head from a distance. What? That’s crazy! While it sounds like the wild claim of a person suffering from a mental illness – “The government is telling me to do stuff and only I can...