Nowadays credit crunch, workforce reductions, politicians not qualified to manage the biggest economical crisis that the world remember since the great depression in 1929 have been putting on knee even the most optimistic man on earth.
Despite the difficulties there are still some people who see the bright side in whatever the face. I love them !!!
I believe that we learn the most during challenges instead success. Creativity loves constraints. Apollo 13 lunar mission is a good example.
Apollo 13 lunar mission launched on April 11, 1970, was the third manned mission by NASA intended to land on the moon, but a technical malfunction in the electrical system of one of the Service Module's oxygen tanks, forced the lunar landing to be aborted.
The command module remained functional on its own batteries and oxygen tank, which were only designed to support the vehicle during the last hours of flight. The crew shut down the Command Module and used the Lunar Module as a "lifeboat" during the return trip to earth.
The engineers creativity was boosted by the limited resources (oxygen time left) and despite great hardship caused by limited power, loss of cabin heat, and a shortage of potable water, the crew returned safely to Earth, and the mission was termed a "successful failure".
We cannot give up now, let's use any potential hidden force, the creativity that evolution embedded as part of our DNA. Like 39 years ago on Apollo 13 lunar mission, failure is not an option.
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Friday, June 26, 2009
Friday, January 9, 2009
The financial crisis and the first principle of thermodynamics
I fear that someone is not yet clear because of the most serious financial crisis of the last 80 years, but mainly I am referring to some Italian media which, paradoxically, bring into question the very existence, beyond the figures in the game.
According to a survey of De Zeit, the losses accumulated by financial institutions since the start of the crisis would be around 2800 billion dollars. More than 20% of U.S. GDP, well above the wealth produced in Italy in 2007 (2100 billion dollars).
While total 23 thousand billion loss recorded by the stock exchanges in the same period.
What this has to do all this in the first principle of thermodynamics also said, by extension, the law of conservation of energy?
It would be wrong to talk about money lost or stolen, "according to the time the most appropriate term should be" evaporated. "
In stock exchanges it makes a difference because as the water vapor that once cooled, it back into liquid, the money will return in order to pocket the usual suspects. Indeed, as the trend of the time, the 2800 billion dollars lost with the crisis have not disappeared into thin air. One part is unsold homes in the United States (990 billion dollars), another in the pockets of the rich as Mr. Silvio Berlusconi.
The usual "slander" against the premier? In mid-October, the Italian premier has purchased 16 million of mediaset shares when the title of his group was at historical lows.
Nothing illegal for charity, but encourage people to consume and borrow more, I feel really irresponsible. The crisis is evident, as in 1929, was created not by mistrust, but mainly from a widening of the gap between rich and poor of the planet.
There is then the aid of a Spanish professor Manuel Castells that wisely reminds us that consumption is not to make the happiness of mankind. If we would live in another way, leaving missed stimuli "necessary" to the economy, we could use our money to stimulate the mind because that is where he feels our life.
According to a survey of De Zeit, the losses accumulated by financial institutions since the start of the crisis would be around 2800 billion dollars. More than 20% of U.S. GDP, well above the wealth produced in Italy in 2007 (2100 billion dollars).
While total 23 thousand billion loss recorded by the stock exchanges in the same period.
What this has to do all this in the first principle of thermodynamics also said, by extension, the law of conservation of energy?
It would be wrong to talk about money lost or stolen, "according to the time the most appropriate term should be" evaporated. "
In stock exchanges it makes a difference because as the water vapor that once cooled, it back into liquid, the money will return in order to pocket the usual suspects. Indeed, as the trend of the time, the 2800 billion dollars lost with the crisis have not disappeared into thin air. One part is unsold homes in the United States (990 billion dollars), another in the pockets of the rich as Mr. Silvio Berlusconi.
The usual "slander" against the premier? In mid-October, the Italian premier has purchased 16 million of mediaset shares when the title of his group was at historical lows.
Nothing illegal for charity, but encourage people to consume and borrow more, I feel really irresponsible. The crisis is evident, as in 1929, was created not by mistrust, but mainly from a widening of the gap between rich and poor of the planet.
There is then the aid of a Spanish professor Manuel Castells that wisely reminds us that consumption is not to make the happiness of mankind. If we would live in another way, leaving missed stimuli "necessary" to the economy, we could use our money to stimulate the mind because that is where he feels our life.
Friday, October 31, 2008
I do support Obama !!!
Foreign politicians act "politically correct" nobody spend a word for sharing their preferences either for Obama or McCain.
Thanks God I'm not a politician and I can share freely my wishes: I want to see a black man rules the most important country in the world, I want to see Obama winning the presidential elections in US !
We need drastic changes and we need it soon. I can't imagine no one better than Obama, for addressing concrete solutions to managing the financial storm that has been struggling the world markets.
Both the polls and the opinion leaders seem quite sure about the US election results. I do prefer to be more prudent and say "I don't believe until I'll see".
Good luck Mr. Obama !!!!
Thanks God I'm not a politician and I can share freely my wishes: I want to see a black man rules the most important country in the world, I want to see Obama winning the presidential elections in US !
We need drastic changes and we need it soon. I can't imagine no one better than Obama, for addressing concrete solutions to managing the financial storm that has been struggling the world markets.
Both the polls and the opinion leaders seem quite sure about the US election results. I do prefer to be more prudent and say "I don't believe until I'll see".
Good luck Mr. Obama !!!!
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