Year after year, scores of entrenched giants make loud claims about overtaking Tesla in vital fields ranging from electric cars and self-driving programs to solar roofs and motile batteries. An example involves a pack of gassy carmakers such as Ford and General Motors, Mercedes and Toyota.Sadly, though, the dinosaurs steeped in the past will never match Tesla, let alone outrun the prodigy. Although Tesla is now a large company, it still sizzles with the creative spark and work ethi...

For the first five decades of his life, Steven Kim was a businessman who pursued financial prosperity, while largely ignoring both his family and his commitment to God. But after moving to China and rededicating his life to Christ, this South Korean-turned-American citizen felt called by God to help North Korean refugees escape from Chinese enslavement. In 2003, he was arrested while leading a prayer meeting of nine North Koreans in his apartment.Kim would spend the next four years ...

Growth and prosperity are hallmarks of the modern culture. The folks bent on advancement run the gamut from the workman and entrepreneur to the executive and politician.For all the yearnings of progress, however, it's hard to find anyone who goes about the business of advancement in a coherent way. Instead, the usual shtick suffers from a welter of lapses and missteps that trip up the decision maker. As a result, the mass of effort brought to bear on the task is haphazard and disjo...

The stock market can crash whether or not a bubble exists. An exemplar was the smackdown of 2011 which cropped up in sync with the long-range pattern of flops but otherwise without any good reason.The pointless breakdown had one positive outcome. Due to the confirmation of the running sequence of crackups, the schedule of flaps appeared to be back on track in spite of the partial derailing linked to financial crisis of 2008.For the wordly investor, the main event of 2011 wa...

Over the past few decades, hedge funds have played a growing role in causing or aggravating blowups in the capital markets as well as banking systems. The latest fiasco was the financial crisis of 2008, which ended up crippling the financial sector and slamming the real economy.The blowup gave rise to the worst recession in more than half a century. The debacle wiped out trillions of dollars from each of the major stock markets round the globe. Another offshoot was the rubout of mi...

The markets of the world continue to merge into a single ball of complexity. The ties that bind stretch across national borders as well as asset classes.Amid the ferment, the opportunities in the marketplace can crop up in diverse forms in distant countries as well as nearby locales. The same is true of the threats, whether blatant or subtle, that lie in wait for the zealous investor in a hurry.As an example, a crash of the stock market in the U.S. is sure to whomp the curr...

In complex fields such as finance and economics, a common blunder involves a mix-up between the destination and the journey. The confusion is showcased by the hoopla during the financial crisis of 2008 in tandem with the debt crisis in Europe.Among the rash of muck-ups, one example was the batty policy of the politicos for propping up the market for sovereign bonds in Southern Europe. According to the rhetoric of the ringleaders, an official default by Greece or any other country i...

The stories told by the mass media should be treated with a healthy dose of skepticism. The iffy claims run the gamut from historical details and current events to ongoing trends and future prospects. In addition to witless goofs, the media at times willfully distort facts and fabricate tales to serve their own ends. A showcase involves a decades-long campaign to hamper Tesla in its mission to foster clean energy. The newsmongers prefer instead to plug their free-spending sponsors, thus pr...

Artificial intelligence is transforming all aspects of our lives, from personal affairs to professional dealings. Moreover, the pace of change will accelerate in the years and decades to come. By revamping entire industries ranging from farming and manufacturing to healthcare and entertainment, the technology should double the global economy by the late 2020s.The surge of productivity will yield a cornucopia of wealth and income for the population at large, not to mention the newbo...

A short nonfiction book about the origins of money and The Federal Reserve System and its part in WWI, The Great Depression, WWII, the Korean War, the Vietnam War, and both Gulf Wars, as well as the income tax, national debt, inflation, fractional reserve banking, recessions, and the financial collapse of 2008.

There is a wide spread belief that it was the private banking sector that caused the current economic crisis. "Greedy" private bankers destabilized the economy, as socialists put it. At the same time, there are many conspiracy theories about central banks around. According to these theories, central banks are controlled by "dark" forces, and these forces caused the crisis of 2008.As a result, most people without a background in economics are very confused. However reality is much s...

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