Aha ha ha! Every country in the world now start to experiencing problem. Seems to me that the Mediterranean area is the biggest hit for the last couple of years. Malta, Cyprus, Greece and now Tunisia. They will ask IMF and World Bank for another loan I presumed. It seems common in the area to prevent total default of their debts. Who's next? Italy
... the central bank has focused on a single goal: to reduce and stabilize inflation. Yeah right! Economy doesn't grow without an inflation according to them. If the inflation is 0% that's mean the growth is stagnant. Think about this: How in the world the federal reserve can keep almost 0% interest, but retail banks charge 5% plus for mortgage an
Isn't it kinda late to have a job opening right now while everyone else in the developed country already has one? Is England lacks of talent so they have to make this kind of announcement? Why don't they join the other consortium and create a common platform for everyone. But of course, by the time the do it, bitcoin economy is already far ahead of
I heard lots of things about this DLT stuffs, but none of them mention what kind of protocol that they will be using. So, I consider all of that as "vaporware". Moreover, even if they manage to implement this private blockchain system, it will only be to cut cost by cutting lots of people from their jobs and do not pass such cost to their customer.
Yup! Do you think that the new generations want to waste their time to sit down for more bullshit on their lives with these meatballs who are about to collapse anyway. They value their time and want to use it to their full extent. This evolution will continue and banks or financial institutions are facing the pressure from all sides where technolog
Aha ha ha! This is just on the paper. In reality, there is nothing to be proud about. When you can't print your own helicopter money, the balance sheet make the difference. High revenue with less output despite those meatballs big boys relocating to Ireland will not solve the current dilemma of deficit. Yes, they take new money in with tax holiday
It won't change. The economic slowdown is also affecting Korea. The problem is most of the youngster are not capable to be integrated into the new type of jobs. As President Park mentioned last year, she wants most of industry and company integrated or trained the millennials into their corporate style organization. Of course the jobless claim is s
In the next 10 years, 30 percent of banking jobs could be obsolete, according to a recent Citi GPS report. This statistic from Citigroup's report makes an assessment of the potential impact of fintech on the global banking industry.
I don't know who's dumb and who's dumber! I've always argued that sending an uneducated or even a skilled worker overseas to work for some meatballs depicting that their country is in deep sh*t! Why! Because they can't even provide a job to their own people. Of course the government doesn't care either since the banking system generate revenue to t
When most people think about computers and robots taking jobs away from humans, the images that usually come to mind are robots moving inventory around in an Amazon warehouse or McDonald's customers placing their order via a tablet instead of a cashier . But the robots are coming for much more sophisticated jobs as well. For example, blockchain te