Bronze

The Internet is a destroyer of margins for incumbent business models based on an analogue world. Here's why.

For disruption, data size matters. It matters in terms of data transfer and media streaming speeds. And it also matters in terms of storage capacity. 

This is Credit Writedowns daily newsletter for 19 Jul 2018. The big issues: the US economy, Fed policy, currencies, trade and government deficits.

People have a bias toward belief. And in the virtual world where the Internet dominates news sources, this has big consequences.

Internet is for data. Aside from emailing people, the whole purpose of using the Internet is to sift through data and find the piece of data you want: the lowest price, the funniest video, the best movie. So a service provider, the more…

These are conflicting narratives, yes. But they don't have to be because, as Minsky quipped, stability breeds instability.

Trump's actions make German politicians of all stripes more committed to Europe. Mainstream German parties realize they need the EU more than ever.

I think we need to follow this issue. It is a perfect intersection of energy security, foreign policy and financial issues that are very important for Europe and the US.

Editor's note: This post was first published on Patreon on 27 June 2018. The United States governments spends money by keystroke. And though it is forced by law to sell bonds when its accounts at the Fed run low, this artificial…

As long as the EU remains vastly richer than countries in North and central Africa, there will be a flow of migrants to the EU. And Italy and Greece will get the lion's share of those migrants, fuelling anti-immigrant politics. With Eastern…