I am, generally speaking, quite sanguine about the long-term prospects of the world. I believe with good reason that the trends are positive, and I entirely dismiss the chicken littles that claim that the sky is falling. But my optimism tends to disappear when I have to travel. For all intents and purposes, it appears to me that the world is going to hell in a hand basket whenever I am forced to be a customer of the US air transportation system, like I was in the last few weeks.
By Ian Wyatt: Saudi Arabian oil fields are drying up at a rapid pace, and the world isn't quite ready for the end of "old oil." Now, this hasn't been very well publicized -- and for good reason. The fall of OPEC could lead to furthe... Read Post
When we have new generations who didn't watch their friends die horrific deaths from AIDS now dismissing condom use as "political correctness," and serious writers claiming that "hedonism" is what drives reckless sexual behavior, it... Read Post
Stefan Szymanski from Cass Business School spoke to CNBC this morning about the long term impact of the World Cup on South Africa. He's not particularly positive. 0:45 There is a feel good factor, but there is a limited long term im... Read Post