Over 1.5 Million International FOLLOWERS AND Readers have engaged our various digests and blogs providing insights on the "SEVEN BIG Es" - Earth, Economics, Environment, Energy, Exponentiation, Entropy, and Extinction, curated by our world renowned "Quantum Realonomist" - First Financial Insights Inc. - Dr. Peter G Kinesa
WORLD LEADING INSIGHTS
International LEADERS Calling Market Crashes Years Ahead
Second to None, Anywhere...
'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"
"LET ME KNOW WHAT LIFE IS LIKE ON JUPITER AND MARS... IN OTHER WORDS"
For a moment, let's not debate what the cause is behind the increased trend in wildfires and lands now exposed to this threat. Rather lets acknowledge that this trend is not good because not only of the explicit life-threatening dangers posed, but also because it places arable farmlands and wildlife in greater jeopardy. This is not good economics by any means. (Remember, Bugonomics last month?) Many years ago, CPA firms would claim their advisory leadership advantage and unique value proposition was through "getting behind the financial statements numbers". Perhaps economists and policy-makers should steal a page from the CPAs' slogans book and get behind the GDP numbers - because when they do, they should discover that real economic capacities are burning up or evaporating. These are the physical capacities that will drive the GDP numbers of tomorrow. Neat idea? Maybe this same approach could have perhaps been helpful with urban management too - Detroit, New Orleans, Newark and so forth and thus slowing the evaporation of such centres. Hmm - "getting behind the numbers" - it has a catchy ring to it. Dr Peter G Kinesa August 7, 2013
To the point, forget about all the graphs, charts and illustrations that you were shown back in school by your economic, business and finance professors. Why? Because the most important ones are those they failed to show and tell you about and just how important they are to markets, GDP and economies. In fact, they are so important that they would turn every other economic thesis upside down - starting with Adam Smith's, Enquiries into The Wealth of Nations.
Not going to say much more; other than, it is very clear that Smith and his subsequent CULT believers have missed the point entirely, having no clue as to what "Wealth" really is - we leave the rest for to you to figure out. Dr. Peter G Kinesa July 29, 2013
Failing to listen. The list of corporate failures that can ultimately be blamed on this seemingly simple, but so often overlooked human attribute, has draged down so many of the once great and mighty. Reminding all of us, of the costs associated with thinking we know it all - when we are drunk in our current success. When in truth, the only thing that we can ever certainly know in this deterministic world - is that we know nothing .
So we continue to humbly listen, again and again and again.
Jimmy in this phone conversation says he is neither long nor short Facebook; he is simply just not investing. In investment parlance this means, he thinks the stock is garbage and would not touch it with a ten-foot pole. We agree.
First, Facebook ascribes to one of the worst American business practices and has little "human touch" in its business model. American businesses that fail on the world stage are often swept away by global competion because they do not have a High Touch with their customers. Any company that does not have a real person available to assist customers with service issues is doomed to fail - it happens all the time. The first rule of business success: "Listen, listen, listen, and then when you have heard enough, listen again and again and again " And the second rule that follows: Don't let your accountants run the business - need we say more?
Second, its software is not intuitive, particularly for business, and again faces customer service challenges that will turn this market off in the early going. This market is where the real money is made. They will not return once they have been turned off.
Facebook faces powerful copycat competition from the likes of Google, Twitter, Microsoft and others, who have other complimentary platforms where the combined functionalities of hardware and software configurations create synergies that could easily see Facebook's consumer markets stolen. Moreover, these powerful competitors have a strong presence and trust in the more lucrative commercial markets that are critical to long-term success and profits. We don't see a lot of businesses tying their destinies to what is perceived be to a kid's fad and consumer product.
It is unlikely that Facebook can hold its valuations. The markets may give it a couple years, at most, to generate commensurate profits. Right now, that appears highly unlikely considering the tough competition in its most lucrative markets.
We go beyond Jimmy and expect this puppy to sink well below $10 in the next 12 to 18 months. More so, if interest rates climb in this period. So don't waste your time or your money on the long side of this hyped-up generational fad.
In early February, I finally got a week off and had the opportunity to fly back to visit my old Alma mater, the world famous Nauru School of Keynesian Economics. Named, of course, after one of its most famous students and, founded by Adam Smith, long before his tenure in Scotland. Many of the world's leading Keynesian Economists, and Economic Nobel Prize Winners, have passed through its arches of higher(sic) learning
Anyway, here's me on the beach with a few of my co-ed friends and colleagues, enjoying the refreshing weather and tropical views. Also, there is a photo shot of my good friend from school, Dr Nigel Tapatughamans, fishing on the beach - who for years was the country's leading Keynesian Economist; and was also once considered for a Nobel Prize, when Nauru was a working miracle. Indeed, not so long ago, Nauru had the highest income and wealth per capita in the world.
Seriously, there is a very important message here that should not escape raw wisdoms.The economic history of Nauru is a lesson of utmost meaning, for it foreshadows the fate of the larger planet that continues to apply insane Keynesian Economic ideas, despite real physical and mathematical constraints. Just Nuts - Watch some of these videos below, they should be a mandatory part of curriculum's in all schools of business and economics. Better yet; all schools. As it demonstrates, in no uncertain terms, where the human enterprise is headed globally, should it continue along the conventional economic path. However, in all likelihood it may not even attain the simple paradise of Nauru; as geo-political tensions could interrupt even this tranquil destination. So please, please take the time to view one or more of these videos and explore further how one small nation magnifies the trajectory of the human condition should we continue to foolishly believe and practice the same old theories that many of us learned at Nauru's World-Famous "School of Keynesian Economics" BUT MORE IMPORTANTLY, pass, tweet, share, post and show this video archive to as many friends, families, colleagues, strangers and foes as you can. So that they too, may join a larger awakening and understanding, of where all this Keynesian economics and unbridled consumptive growth leads us. For these are certainly not the stairways to heaven that we have all bought into...
All the Very Best,
Dr. Peter G Kinesa
February 17, 2013 P.S. This histroric post was actually the first ever blogged by First Financial Insights,(May 27, 2011) defining a theme that focuses on an economic reality inclusive of physics and exponential mathematics: not hypothetical abstractions built within subjective contexts - with the clear view of avoiding the outcomes of Nauru and Easter Island - with the clear view of sustaining the human enterprise for as long as possible - with the clear view of avoiding the premature human extinction, that Keynesian Economics will ultimately lead us to. And then you judge, as we let the facts and numbers speak for themselves.
Mother Earth asks us one simple thing: PLEASE STAND BY ME...
