He’s the swashbuckling world traveler and legendary investor who made his fortune before he was forty. Now the bestselling author of A Bull in China, Hot Commodities, and Adventure Capitalist shares his views on the current economic problems faced by the U.S. and globally. Economics aren't so hard to understand coming from Mr. Rogers.
The Defense Advanced Research Projects Agency, ("DARPA"), is holding a meeting at Stanford University soon on the topic of geoengineering: modifying the planet artificially in order to offset the effects of global warming. The topic is addressed in the video above.
An expanding group of experts like Stanford’s David Victor, Carnegie Mellon’s M. Granger Morgan, among others are investigating the most likely geoengineering scenario to receive real consideration: Introducing sulfate aerosol particles into the stratosphere, which will reflect sunlight and cause global cooling. It is what volcanic eruptions have done in the past to the earth's climate. These are the latest articles by major climate researchers, or policy experts sounding an alarm about geoengineering.
The revolution is revealing the "unsustainable" : economic relationships that do not create true value. In the clamor for more many became detached from what they already had. Change creates fear of an unknown future but is a necessity to move forward and benefit from the opportunity we all share together by leaving our past behaviors behind. Understanding what is truly happening and why might be a more productive way to cope. See Lynne Twist, author of the Soul of Money as she explains.
Scott Malpass, VP and manager for the University of Notre Dame's $6 billion endowment shares insights on investing in 2009. Scott observes, among other things, that international markets will outperform US equities, reflecting the rise of the rest, and that a present cautious approach should be adhered to with cash representing "at least" 30% or more of a portfolio. Watch this interesting interview to learn more.
Understanding the implications of a world largely influenced by the "Rise of the Rest" is critical to participate with the 2-3 billion people leaving behind a life of abject poverty. Developed nations and their citizens must see this wave as a tremendous opportunity for all and not just a threat to what they have. Watch this excerpt from Fareed Zakaria on the realities of this new world and the implications of the change to politics and policy.