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vineri, 29 martie 2013
West Wing Week: "Where Peace Begins"
Seth's Blog : "But what do people really think?"
"But what do people really think?"
You know, behind your back...
What do they think of your product or your sales pitch or your speech? What do they think of your new sweater or your new friend?
Hint: You won't find out by searching for yourself on Twitter or Facebook. You won't find out by eavesdropping in the lounge, either. Or by reading the reviews.
Sure, you'll hear what people say when they have an audience, you'll hear condensed, pointed, witty takedowns, but no, you won't hear what they really think. All you'll do is bring yourself down and strengthen the resistance.
No, the only way to know what people think is to watch what they do, not what they say. Do they come back for more? Do you cause them to change their behavior? Can you make them smile?
Howard Cosell was loud, but he was more entertaining than right. The same is true for the armchair critics (amateur and professional) that have a megaphone they're using to criticize you.
More Recent Articles
- Create a vacuum, don't fill it
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- Most people, most of the time (the perfect crowd fallacy)
- Fomo, joy, jealousy and the lizard
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joi, 28 martie 2013
Mish's Global Economic Trend Analysis
Mish's Global Economic Trend Analysis |
| Canada Discusses Forced Depositor Bail-In Procedures for "Too Big To Fail" Banks in 2013 Budget Posted: 28 Mar 2013 01:54 PM PDT Inquiring minds in Canada managed to slog through a massive 433 page budget proposal and discovered Depositor Haircut Bail-In Provisions For Systemically Important Banks. Sure enough. Right on page 145 (PDF page 155) of the Canada Economic Action Plan for 2013 We see ... "The Government proposes to implement a bail-in regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail- in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants." In case you are unfamiliar with bank parlance, deposits are not "assets" they are "liabilities". A plan that would turn "certain bank liabilities" into regulatory capital is a plan to confiscate deposits. As noted in Fraudulent Guarantees; Fictional Reserve Lending; Comparison of US to Cyprus; What About New Zealand? I believe guarantees on deposits are inherently fraudulent. But at least the Reserve bank of New Zealand is upfrnot about the situation. Canada is not. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com |
| Youth Unemployment Rates: US, Germany, Italy, Spain, France, Greece; Where to From Here? Posted: 28 Mar 2013 09:59 AM PDT Here are some unemployment charts I put together via Ycharts. Youth Unemployment Rates US vs. Europe  Spain and Greece have youth unemployment over 50%. Germany, at 7.9%, has the only youth unemployment rate under 10%. US has second-best 16.8%, nothing to brag about except in relative terms. Unemployment Rates US vs. Europe  Once again, notice the tight clustering at the start of the recession vs. the huge spreads today. As with youth unemployment, Spain and Greece lead the pack with overall unemployment rates above 25%. Youth Unemployment Rate Percentage Change US vs. Europe  In percentage terms, Germany is the only country with falling youth unemployment. US youth unemployment is up 58.56% in five years. Unemployment Rate Percentage Change US vs. Europe  In percentage terms, Germany is the only country with falling overall unemployment in the last five years. German unemployment has fallen by 32.05% in five years, while US unemployment is up 50.98% in the same time frame. The Disability Connection Since late 2009 US unemployment has dropped, but much of that is a mirage based on people dropping out of the labor force at a staggering rate, with many going on disability. For the disability connection please see Unwilling to Work; 25% in Hale County AL Collect Disability, 14 Million Nationwide; A Simple Solution. Looking Ahead Looking ahead, I expect the unemployment picture in Europe to worsen dramatically. Germany will not be immune. For an explanation, please see Eurozone Downturn Accelerates Despite German Growth; Divergence to France Widest in 15 Years The global "recovery" is over, even though economists in general refuse to make note. So don't expect the US to be immune from rising unemployment either, no matter how much Bernanke floods the system with QE. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com |
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Damn Cool Pics
Damn Cool Pics |
- Evil Dead 2013 Official R-Rated Trailer [Video]
- Swimming Cities of Serenissima
- Meet Mohawk Ad Man
- These Celebrities Are the Same Age
- Why You Should Switch and Save With Your Credit Cards [Infographic]
| Evil Dead 2013 Official R-Rated Trailer [Video] Posted: 28 Mar 2013 02:41 PM PDT  Check out the official R-Rated trailer for Evil Dead (2013) starring Jane Levy, Shiloh Fernandez and Jessica Lucas, right here on Fan Reviews. |
| Swimming Cities of Serenissima Posted: 28 Mar 2013 02:21 PM PDT The Swimming Cities of Serenissima is a fleet of handmade boats crafted from junk and a crew of artists traveling around Europe.                          Via Tod Seelie |
| Posted: 28 Mar 2013 08:15 AM PDT Got mohawk? Got money! Check out how Mohawk Gaz turned his head into a walking advertising masterpiece.                                     Via mohawkads |
| These Celebrities Are the Same Age Posted: 28 Mar 2013 07:45 AM PDT Some of these celebs are looking really good for their age.  Jim Parsons and Andrew Lincoln are both 40  Paul Rudd and Rory McCann are both 43  Sarah Hyland and Jennifer Lawrence are both 22  Taylor Swift is 23. Adele is 24  Jack McBrayer and Patrick Wilson are both 39  Nikolaj Coster-Waldau and Nick Offerman are both 42  Eddie Murphy and Forest Whitaker are both 51  John Cho and Dwayne "The Rock" Johnson are both 40  Danny Pudi and Rider Strong are both 34  Chuck Norris and Michael Gambon are both 73  Sarah Silverman and Julie Bowen are both 42  Michael J. Fox and George Clooney are both 51  Alison Brie and Elizabeth Moss are both 30  Seth Green and Ed Helms are both 39  Rob Lowe and Russell Crowe are both 49  William Shatner and Robert Duvall are both 82  David Bowie and Edward James Olmos are both 66  James Lipton and Cloris Leachman are both 86  Alyson Hannigan and Elizabeth Banks are both 39  Keanu Reeves and Nicolas Cage are both 48  Carly Rae Jepsen and Keira Knightley are both 27  |
| Why You Should Switch and Save With Your Credit Cards [Infographic] Posted: 28 Mar 2013 06:53 AM PDT Credit cards can be a very useful financial tool. They can be great for consolidating debt, handy when travelling, ideal for building up your credit rating and they can offer great rewards if you use them for your everyday spending. In fact, credit cards come with a host of benefits and providing they are used correctly, they can offer big advantages over using your debit card. Many credit cards come with introductory offers that allow you to avoid paying interest for a set period. Some cards offer interest-free periods on balance transfers, making them ideal for debt consolidation. Others offer 0% periods on spending - great for funding a large purchase that you intend to pay off before the promotional rate expires. Some credit cards even allow you to earn cashback or rewards as you spend. But you must pay off your balance in full each month. Click on Image to Enlarge.  Image source: MoneySupermarket; |
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