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Does a Nobel in Economics Still Make Sense?
Does the Nobel Prize in Economics still make sense today? Given the horrendous state of the World economy, it is clear that the “science of the economy” has failed. The words "economy meltdown" have been pronounced so many times in the past few years that there seems to be little doubt as to how the economy is doing. While other fields of knowledge have scored some spectacular successes, economics seems [...]
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Technorati Tags: Nobe Prize, economics, global meltdown. planetary economy crisis |
22 January 2012 |
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When Will the USA Collapse? Around 2018.
The European Union is in a state of evident and (possibly) irreversible demise. The first and most prominent reflection of this is the weakness of the Euro which we have recently forecasted to "dissolve" around Q3 of 2013. Once the common currency is gone, the union will probably transform into something else that is easier to manage, less complex, less heterogeneous. The structural resilience of the EU as a system [...]
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Technorati Tags: Collapse of the US, complexity, critical complexity, fragility, vulnerability, complexity-based forecasting |
21 January 2012 |
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How to Check If a Company Is Investment-Grade
It is probably easier to decide where not to invest than where to invest. In many cases, the decision is made by examining a corporation's financial and balance statements and, of course, its rating. In theory, an investor can look into any public company's books. In practice this is close to impossible. The rating process is also not excessively transparent. What can a private investor do? Are there any [...]
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Technorati Tags: rating, resilience, investment-grade |
03 January 2012 | No Comments
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Does the US Deserve the Downgrade? Is It Really a AAA Country?
The US has recently lost its AAA rating. This has sparked a lively debate, with many claiming that the decision is political. Setting aside these aspects, let us see what holistic complexity-based resilience rating says of the US as a system. Our analysis has been based on data from the World Bank, which includes 800+ macroeconomic and other parameters (see list below). The reason we claim the analysis is holistic [...]
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Technorati Tags: US downgrade, US rating, resilience, complexity |
30 December 2011 | No Comments
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