latest posts
Damaged Brands
September 4th, 2007
The past few weeks have not been good ones for products manufactured in China and financial instruments created in the United States. The “Made in China†brand is now an un-trustworthy brand to millions of American consumers. New, mortgage backed debt instruments, highly rated by U.S. bond rating agencies are now being questioned in financial capitols around the world.
In an earlier column entitled “Made in China†I discussed certain historical forces and timelines that are to some degree at cause for the recent rash of dangerous products being produced in China. In a historically …
Debt, Credit, Obligations and Trust
August 20th, 2007
It feels like we are moving through a watershed moment in both the U.S. and global financial markets. When the mortgage securities market collapses as though it was the tulip bulb market centuries ago in Holland it is truly time to take pause and look at what has been allowed to occur. Mortgages, secured by real estate, have long been considered as a secure type of investment, unlike say junk bonds. Now the marketplace is saying that they cannot value them so no one is either buying them or allowing them to be used as loan collateral. Wow!
In the new …
It is All Global
August 16th, 2007
There are two future thinking filters through which I view the recent upheavals in the financial markets. The first is that we are moving to a new and developing global society and that this can first be seen economically. The second is that debt is something that must be looked with new perspective. Today we look at the first filter.
Humanity has conclusively moved into the global stage of its evolution. There is no turning back. There are more than six billion of us and that fact alone is enough to reorganize human endeavor to a global orientation. Human history shows …
Taking a Break and Taking Some Credit (Pun Intended)
August 13th, 2007
I am back after taking the longest hiatus in the 16 month life of this blog. I would like to think this futurist was missed, but this is August and I would imagine most readers would be either be languidly lying about on vacation or keeping a nervous eye on the stock markets, both activities with a decidedly short term focus. The happy reason for my absence is that I was married to and then took a mini-honeymoon with my lovely new wife Victoria. Married in a Rose Garden, we metaphorically promised that to each other for the rest of …