China’s Dream Factory (3 min read)

I recently read a striking front-page manifesto from the Chinese Communist Party published in China’s People’s Daily. I Google translated it, edited and picked out the following highlights:

Historic turning point

October 2017 will be remembered in history as the golden autumn. The Chinese Communist Party, one of the largest political parties and most successful Marxist ones, has brought the world’s attention to China’s new era. Continue reading “China’s Dream Factory (3 min read)”

A Lesson On What Drives the US Dollar

My day job is forecasting currencies and I’ve written lots and lots of papers on this topic over the years. I thought I’d experiment with showing my analysis in a different way, hence this animation! Let me know what you think

12 Great New Podcasts I Discovered In 2017


     

     

I love podcasts. They’re one of my favourite ways of learning. They’re also incredibly efficient as you can listen to them while you’re walking or on the subway. I have my favourites, but I’m still scouring the world for new podcasts. This year has been great in that regard, and while there have many duds, these 12 are excellent: Continue reading “12 Great New Podcasts I Discovered In 2017”

3 Things You’re Not Supposed To Talk About (8 min read)

The Tactical Assault Light Operator Suit, or TALOS will be made of liquid armor that can solidify on command.

I recently gave a speech at my bank’s Megatrends conference in Madrid. This is what I said:

1. The US Military

(Who’s the biggest of them all?)
Let me start by asking you:

“What is the largest organization in the world by revenue?” Continue reading “3 Things You’re Not Supposed To Talk About (8 min read)”

The Dramatic Change In the Lives Of Young Adults Over the Last 40 Years (2 min read)


I recently came across a fascinating study called “The Changing Economics and Demographics of Young Adulthood: 1975-2016”. It was put together by the US Census Bureau and the US Department of Commerce. It defines young adults as 18 to 34 year olds, what we call “millennials” today, and compares them to the same age group back in the 1970s. Some of the findings are stark: Continue reading “The Dramatic Change In the Lives Of Young Adults Over the Last 40 Years (2 min read)”

How Bankers Can Save the World (8 mins)

Purpose

What is the purpose of our life? We don’t often think of that question, especially when at work. Many of us will say that it is to be happy and healthy. Others may say to have a fun time. For me, it would have to be leaving the world in a better place than when I entered it. This would be at every level from family to work to community to the world. Another related question, then, is what is the biggest problem in the world? Some may say climate change, others income inequality, yet others war and terrorism. For me though, when I think about this I think is the lack trust that pervades our culture. Continue reading “How Bankers Can Save the World (8 mins)”

An Imagined Conversation Between China’s Xi and Trump

China’s President Xi Jinping gave a striking defence of globalisation at Davos in January. This stands in contrast to US President Donald Trump’s attack on globalisation. I thought I’d splice President Xi’s Davos speech with Donald Trump’s key quotes on the topic to produce a remarkable conversation between the two men: Continue reading “An Imagined Conversation Between China’s Xi and Trump”

How To Stop Being Rich and Happy

Derek Sivers

I recently came across a chap called Derek Sivers. He started a multi-million dollar business (CDBaby) and then gave it away. Now he writes, programmes and is a student of life. He’s massive reader, lives a simple life and regularly imparts his words of wisdom on his blog. He also makes lists of “do’s and don’ts”. I loved this one on how to be stop being rich. From Sivers: Continue reading “How To Stop Being Rich and Happy”

What the Chinese Thought Of the British Empire In the 18th Century (2 mins)

 

 

 

 

 

 

The British Empire, one of the largest in history, went through several phases. One critical phase was the American War Of Independence when the colonists in the North America broke away from the Empire in 1783. While it did stop British expansion in the west, it resulted in them focusing on the East.  Eventually it lead to the British Raj in India and the next phase of the British Empire.

It also saw them have more contact with the Chinese. At the time, the British were allowed to trade in the Canton port (later Hong Long), but they weren’t allowed a presence in mainland China.  What many history books fail to mention is that though the British (along with possibly the French) were the largest European powers, they weren’t the largest in the world. Continue reading “What the Chinese Thought Of the British Empire In the 18th Century (2 mins)”

Understanding the New World Of Politics (8 mins)

new-0

I gave the speech below at a central bank conference on 24th November in Asia.

De-globalisation is not the dominant theme

De-globalisation is the word of the year thanks to the victories of the Brexit vote camp and Donald Trump. It is a convenient catch-all term, but I think it can obscure more than it reveals. For example, it does capture the campaign messages of many elections in the West, yet it fails to capture the mood in Asia. Countries like China, India and Japan are still eager to participate in free trade agreements, but have still experienced a shift away from its earlier political order. I think rather than de-globalisation, the more appropriate narrative is re-establishing trust in government. This provides a better way of preparing for investing in 2017 and beyond. Let me explain. Continue reading “Understanding the New World Of Politics (8 mins)”