Strategic Futurists; Value Systems Specialists

Events

Financial Crisis 101 - a smart diagram that explains (mostly) it all

Friday 21 November 2008

The link below will take you to a great little diagram that explains the unfolding of the Financial Crisis as most people know of it. As Marcus Barber explains, it doesn't delve too deep into the structural design of the financial system, or start at the 'true beginning' of the problem and it does explain in a very easy to follow way, how certain events occurred and what the results of those events were.

Put together by 'Wallstats.com' a blogger who has posted the map onto the Mint.Com blogosphere, this diagram is recommended to anyone who wants to get a handle on how certain signals of the emerging future are ignored by people who were supposed to be on watch, how vested interests make public statements aimed at achieving their own ends rather than those that might benefit the whole system, and how economic systems are not 'systems' that run by themselves - they are structures that human being create to deliver certain outcomes.

From a strategic futures perspective, this diagram highlights the way in which we behave inside the financial system.  There's more to be learned and more issues to be considered in the biger scheme of the model and one thing is clear 'top down' levers like interest rates, and 'trickle down' theories of economic development are mythologies about the ways in which human being operate in response to the way the financial system works.  The diagram tracks events as they unfold and delightfully, uses quotes from so called experts as the mess began, to show just how ignorant we can be when we don't pay attention to what is emerging and when we don't question the assumptions we are making

Link to diagram here


See more events...

Keep informed - Sign up

Look ahead for your business - sign up for your exclusive updates.
name

email address

Events

The Future of TV
Thursday 27 July 2017
This chat with Joseph Thomsen on @ABCGoulburnMurray was a look at the issues facing old school commercial TV networks in Australia, especially given Channel Ten's woes. There's a clue for Channel Ten right at the end which I doubt it'll will act on!
Read more...
Towards an Advanced Society - the Paradox of Development
Tuesday 30 May 2017
In 2010 I wrote a paper, the summary of which included an assessment of the emerging challenges facing many societies around the world, simply that multinationals failing to pay sufficient dues to enable a society to develop, will see a backlash from which they may not recover. That time is upon us
Read more...
New Australian Food Labeling Laws Finally Make it to Market
Wednesday 3 May 2017
Some of you may have noticed Federal Government advertising for the Food Labeling Laws. What few people will know is that the model being put out there is pretty much the EXACT model I proposed back in the year 2000. Which just goes to show that to predict the future, sometimes all you have to do is wait. Well not quite but
Read more...