Data, data everywhere, The Economist, on how to manage superabundant data clouds
The data deluge, The Economist, on the implications of data clouds for business, governments, and society
Interesting perspectives on China, Pettis is a professor and Beijing University, and Roach is the Chairman of Morgan Stanley Asia.
China is misread by bulls and bears alike, by Michael Pettis, FT.com
“Will China collapse? No. It may have a painful financial contraction, but this will not necessarily lead to a collapse in growth. Instead it will grind away at its overinvestment and excess capacity, which, with a reversal of the favourable demographics enjoyed since the mid-1970s, will slow growth sharply, but this will coincide with three more favourable circumstances.
Blaming China will not solve America’s problem, by Stephen Roach, FT.com
“The US would be far better served if it faced up to why it is confronted with a massive multilateral trade deficit. America’s core economic problem is saving, not China. In 2009, the broadest measure of domestic US saving – the net national saving rate – fell to a record low of -2.5 per cent of national income. That means America must import surplus saving from abroad to fund its future growth – and run current account and trade deficits to attract the foreign capital. Thus, for a savings-short economy, there is no escaping large multilateral trade imbalances.”
Gerald Celente, the famous trend forecaster, on urban survivalism and tactical mindset for dealing with a crisis.
John Battelle’s Signal Weds: My Location Is A Box of Cereal on location based services.
““Where I am” is a powerful signal, in particular if where you are is a local business that might answer that signal with an offer that engenders loyalty, purchase, or both.
But I’m starting to think that we need to expand the concept of location to more than physical spaces. Why can’t I check-in to a website? An article? A state of mind? An emotion? Or…an object?”