The world is slowly realizing that it needs to rely less on old systems in order to manage its way out of financial crises. One of the oldest systems which saw the US dollar as the vehicular currency of the world may be slowly coming to an end. Enter the Bitcoin: the brainchild of cryptocurrency, […]
Did you know that there are still more than 700 million people in the world who live in extreme poverty? These people must scrimp, starve, and struggle to survive off less than $1.90 per day. By 2030, the World Bank estimates that more than 90 percent of those people will be concentrated in Sub-Saharan Africa.
When considering small business financing, it is important to understand all your available options. If not, investors can easily take advantage of you and offer unfair terms. So before raising any money, find out if using equity, debt, or convertible debt financing makes the most sense for you to grow your business. Equity Raising capital
In economic terminology, the term “utility” has not much to do with multifunctionality nor completing specific useful tasks. It does in context, relate to the level of satisfaction or “completeness” one derives from the consumption of a product or service. For example, there is only so much pizza you can eat before feeling ill from
As an Arsenal Football Club fan, one has the natural tendency to follow the progress of both present and past players of the revered North London title-winning institution. The prestige of playing for the club comes along with all the bell and whistles required to make life living in the small yet expensive hub city
The implementation of globalization has not been without its major flaws. Abolishing it, however, is paramount to anti-socialist behaviour or looking inwards. This concept is against the tendencies of human nature. If you read up on any definition of globalization, you will see that the intention was always genuine. The need to integrate and collaborate for
When it comes to providing means of storing, sending, and receiving money, banks and their affiliated institutions, have enjoyed a monopoly for centuries. They (especially central banks which allegedly are owned powerful families) have the authority to influence countries and their governments. We will not go into the level of control as this paves the
Warren Buffett once referred to financial derivatives as “weapons of mass destruction” . He warned that they are detrimental to the global economy and financial markets. Cryptos have a way of creating something supposedly of intrinsic value out of nothing. This is as dangerous as propaganda that leads to conflict or promotes struggle. They are