Allegedly, Winston Churchill came up with the phrase "never let a good crisis go to waste". Quora: "Churchill was referring to Yalta and the alliance forged between himself, Stalin and Roosevelt, an unlikely trio that would lead to the formation of the United Nations, creating opportunities in the midst of a crisis." Some might argue that the WHO is working on a...
My 2016 blog, Human Emotions (2) - a revisit, defined two primal emotions, being Love and Fear. All other emotions are derived from those two. My blog of 30 September 2020 defined two primal ways of human interaction: cooperation vs competition. The diagram below depicts how those 4 elements work together. Human couples show the most common example of cooperation...
For some time, I've been considering writing a blog about doubt (in time) because young and old people seem to have less doubt in their lives. Some can even be cocksure about their opinions, regardless of facts. I started off on the wrong foot. Doubt, and having no doubt, are related to beliefs. Opinions express beliefs. During my research, I came across a 2016...
My title is my paraphrase of the 1932-33 Serenity Prayer (my 2019 blog): "God, grant me the serenity to accept the things I cannot change, courage to change the things I can, and wisdom to know the difference." "Faith is love" is my reference to one of the ancient Greek words for love: divine love or agape. It even touches upon the essence of the word Yahweh,...
Introduction LO: This article is counter-intuitive. It makes much more sense to expect that low-income households will feel (much) more pain than high-income households. Hence, I selected it for a review and fact-check. This article focuses on the impact of inflation on debt. In and of itself, it is true that inflation deflates debt in real terms. However, debt is...
Financial Times title: There is no easy escape from the global debt trapFT subtitle: No matter what happens to near-term inflation and growth, the world is too indebted for rates to rise much higherOpinion by: Ruchir Sharma (see Note below)Date: 22 November 2021 "One of the big mysteries in the global economy is why, though inflation is making a strong comeback,...
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