Archive

Facebook to Launch a Cryptocurrency & Compete Against Banks?

March 27, 2019

QUESTION: Why is Facebook going to issue a cryptocurrency? Doesn’t that confirm the evolutionary path of technology? ND ANSWER: The term “cryptocurrency” is being thrown around very loosely. It is true that there is increasing hype and speculation regarding a theoretical Facebook Coin. However, this is not a “cryptocurrency” it is simply a digital entry […]

The SEC is Trying to Remove Musk But Not the Bankers. Why?

March 27, 2019

QUESTION: Is it possible the Gov’t is going after Elon Musk for his opinion on AI. It seems as though Google CEO is working with the Gov’t to collect information against the citizens of the USA and absolutely for an unregulated AI sector. Maybe there is a battle going on between the techies and the US […]

Keeping it Simple Keeps you Stupid

March 27, 2019

There was a 14th-century Franciscan friar by the name of William of Ockham who is credited with having formalized the principle that “simpler solutions are likely to be more correct than complex ones.” Hence, we seem to always try to reduce everything to a single cause and effect. Some have rephrased this as “keep it simple, stupid,” […]

Market Talk – March 26, 2019

March 27, 2019

Asia: Still more bumps in the road, were the words used by the former treasury secretary Jack Lew regarding the US-China trade deal. Still, if no agreement is reached soon, the US has warned it will up the tariffs from 10% to 20% on the 200 Billion dollars’ worth of trade.  A hit to US […]