Archive for the ‘trade’ Category

60 Minutes : High Speed Traders

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Posted: June 7th, 2011
at 11:25am by mnp


Categories: trade

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Irrationality: A Tale of Two Markets

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The Great Recession has obviously left a huge imprint in the mindset of the people who lived through it. At the heart of the boom preceding the recession was a virtuous cycle. Lenders, realizing that home prices have never dropped year-over-year at once across the United States, wanted to extend credit to home buyers in a chase for yield in the low rate environment of the early 2000s. Home buyers were happy to oblige as the cost of home ownership vs. renting decreased and they too realized the benefits of rising home prices. As prices rose, these buyers looked to cash out either by drawing the equity out of their property via a refinance or by selling the property to yet another lender-backer home buyer. All of this proved to be a boon for all parties until it wasn’t and home prices finally fell.

The fall was devastating. The global economy was plunged into a recession. Homeowners defaulted on their loans, banks collapsed, politicians pointed fingers, and central banks had to step in to provide necessary market functions to keep the system alive. The recession cost the United States 5+mm jobs and left participants shell shocked.

However, markets have taken different trajectories since the recession. The housing market obviously took a beating from which it has yet to recover. 400k-500k new 1-family houses used to pop up every quarter from 2005-2006 while right now just 90k are built every quarter. The Case-Shiller Price Index, which measures home prices in 20 metro areas, fell from a peak of 206 in 2006 to 138 in March 2011 and is still posting new lows. On the other hand, equity markets worldwide have rebounded since the recession driven by growth in corporate earnings as well as the ability for corporations to once again tap credit markets. The S&P 500 which peaked at 1550 in late-07 fell to 680 at the height of pessimism in early-09. Now, it sits cozily at 1300, just a -16% discount from its peak.

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Posted: June 4th, 2011
at 12:37pm by mnp


Categories: blogs,trade

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What is Bitcoin?

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Bitcoin transactions are stored in a globally-readable block chain. Each individual block contains a list of transactions, a proof of work (a partial hash collision that depends in part on the preceding block), a timestamp representing the approximate time the block was created, and some additional information. When a new block is created, 50 bitcoins are added to the account that created the block until the pre-defined limit of 21 million bitcoins is reached. Each new block represents a confirmation of previously stored transactions, making it increasingly harder to revert those transactions. Approximately 126,500 blocks have been created to date. (Source)

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Posted: May 25th, 2011
at 1:14pm by mnp


Categories: business,internets,what is?,trade,innovation

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Greed is Not a Virtue

We humans are living out an epic morality play. For millennia humanity’s most celebrated spiritual teachers have taught that society works best and we all enjoy our greatest joy and fulfillment when we share, cooperate, and are honest in our dealings with one another.

But for the past few decades, this truth has been aggressively challenged by a faith called market fundamentalism—an immoral and counter-factual economic ideology that has assumed the status of a modern state religion. Its believers worship the God of money. Stock exchanges and global banks are their temples. They proclaim that everyone does best when we each seek to maximize our individual financial gain without regard to the consequences for others.

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Posted: May 12th, 2011
at 4:26pm by mnp


Categories: trade

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Do You Want Warren Buffett’s Job?

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At this weekend’s Berkshire Hathaway shareholders meeting, much of the buzz surrounded David Sokol’s recent departure. But while visiting guests and the media hashed over the legal and ethical questions behind the former deputy’s leaving, they missed a boldfaced question: Who would want to replace the Oracle of Omaha as the company’s chief executive? (Source)

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Posted: May 5th, 2011
at 8:33am by mnp


Categories: trade,jobs

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A Call for Judgement


.:ineteconomics.org->

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Posted: April 25th, 2011
at 5:04pm by mnp


Categories: trade

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My Ninja, Please! 4.11.11 : Human Capital

The capital that leaves in the elevator at night…please!

What are we really talking about here?  Pencils?  Paper?  Toner? Oil?  These are the kinds of things I picture when I hear the term resources.  Things that are used up and/or thrown away when they are used up.  Things that are both disposable and replaceable.  Except, when I hear this term in organizations, they’re typically referring to people.

So if you’re using a term like "resources" to describe your people and if other things that are referred to as resources are disposable and replaceable, how might you treat your people?  In what way does an organization that views their people as disposable "resources" behave? When we erect entire departments around managing our human "resources", how might that department view its role?  As an organization, how much will you invest in training and learning for your disposable and replaceable "resources"? (Source)

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Posted: April 11th, 2011
at 4:04pm by mnp


Categories: myninjaplease,life,development,trade

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Reinventing the Shipping Container Part 5

Having delved into the background of what shipping containers are in past entries, we haven’t really gotten into the formations in which you can safely stack your containers and how you start the building process. With the help of a great article by the teenage mutant ninja hero coders, I will review some of the issues that are presented when the time comes to buy some pallets.

You can only stack containers in configurations where all four bottom corner casings of the upper container are supported by four top corner casings of lower containers.

This makes it difficult in terms of being creative with your designs.

Walking on the roof is not encouraged as the flats are merely meant for weather protection and can carry a ton of weight per square meter.

The author then goes into how to fix the containers together, creating doors, optimizing structural integrity, placing the containers, and most importantly how to move the containers.

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On which containers to get:

The only ISO containers we where able to get at decent prices where 20″ 40″ and 40″ "high cube" containers. Keep in mind that the "modular space" container type is very different from shipping containers and usually much less sturdy.

With this said if you are looking for more inspiration, check out the rest of the series.

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Posted: April 6th, 2011
at 11:29am by mnp


Categories: weaponry,architecture,design,development,trade,innovation

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Five Thousand Years of Debt

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An excerpt from Eurozine:

This was the age that saw the emergence of coinage, as well as the birth, in China, India and the Middle East, of all major world religions. From the Warring States period in China, to fragmentation in India, and to the carnage and mass enslavement that accompanied the expansion (and later, dissolution) of the Roman Empire, it was a period of spectacular creativity throughout most of the world.

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Posted: March 27th, 2011
at 10:35pm by mnp


Categories: life,business,"ninja",development,trade

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