Strategic Futurists; Value Systems Specialists

Events

The 2nd Order Effect of a CryptoCurrency Collapse

Tuesday 6 February 2018

Recently there was a purging, a market correction, a balancing of portfolios, call it what you like, but #Cryptocurrency like #Bitcoin & Ethereum got smashed, losing huge % of perceived value in a little more than a day. And now, two weeks or so later, the mainstream stock market is following suit. The 'Why' is to me, pretty obvious -

The why is due to plenty of people, including clients of many stock broking firms, having borrowed against their physical stock holdings, to invest in #CryptoCurrency. When #Bitcoin got sold off about two weeks ago, it dragged a whole heap of other CryptoCurrency down with it. And now there's many people who borrowed real money against real stocks facing huge #MarginCalls because their #Cryptocurrency hasn't bounced back far enough to put them in the black.

And Banks are asking for their money back. The end result is that those stock market gamblers (#HazelHenderson refers to the #StockMarket as a Giant Gambling Casino) now have empty pockets. The only choice they have is to sell off their holdings in real companies to repay loans.

And because all of those margin calls have come in to everyone at the exact same time, BUBBLE BURST is the result.

It's not rocket science. It is human avarice


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Events

BBC Article on the Future of work and the likely skills needed
Monday 15 October 2018
it’s OK not to know your career path when you leave university – sometimes that won’t emerge until much later down the track,” Barber says. “We should remind kids that the pathway they select to start off with is unlikely to be their final pathway,
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Developing Strategic Foresight Capacity in the Public Sector
Sunday 9 September 2018
Have just returned from Manila where we were graciously hosted by the Development Academy of the Philippines, the central organisation developing opportunities and planning ideas for other Government agencies. Along with the DAP team we had representatives from Mongolia, Fiji, Indonesia and China all keen to add to their existing approaches to helping their countries take a more effective forward view
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Why Donations Won't Fix the Plight of Australian Farmers
Saturday 18 August 2018
The immediate needs of farming families are obvious. Feed to keep stock alive, someway of holding onto their farms under the stand-over tactics of some banks, and Rain. Donations can fix the immediate short term to an extent but they cannot fix the long term trajectory. That requires difficult conversations and an acceptance of the reality.
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