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My Financial Wisdom
Investing, stocks, real estate
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New York, New York, United States
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SINK (Single Income, No Kids)
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Latest Blog Posts

continued from part 1 The last point brought out by the British weekly is that cases like Snapchat are indicative that the competition in the digital economy is still in good health, and that a new player is still able to challenge the duopoly. Obviously, the digital economy lowers important barriers to entry, and allows […] The post Regulating the Data Economy is Essential (part 2) appeared first on My Financial ...
Posted: Apr 20 2018 @ 10:20 AM
The History of Economics is nothing more than the History of Humanity from another perspective. It is the achievement of successive economic cycles and socioeconomic systems, punctuated by the arrival of new technologies. As happened with oil in the early twentieth century, data, essential for the new economy must be regulated…ahem…Facebook Congressional hearings. And this […] The post Regulating the Data Economy is Essential appeared first on My Financial Wisdom. ...
Posted: Apr 19 2018 @ 10:24 AM
Imagine a place where all economic transactions are conducted with either cards or electronic transfers. This particular form of economy has materialized almost completely in some northern European countries. Paradoxically, it is in those same countries where a heated debate has recently emerged about the dangers of a society without notes or physical coins. There […] The post Sweden is the cradle of society without cash, and now rebels against it ...
Posted: Apr 18 2018 @ 9:28 AM
After the first movements of a trade war between United States and China, China is studying its potential impact to see if a gradual depreciation of its currency, the yuan, could be forthcoming. Ironically, while Trump attacked China in the election campaign to keep its currency artificially weak, the yuan has gained around 9% against […] The post USA vs China: From Commercial War to Currency War appeared first on My ...
Posted: Apr 16 2018 @ 9:04 AM
We’ve had intense debates about the minimum wage for years. The reason is that having a very limited Welfare State is practically the only legal mechanism to reduce poverty. All this debate has made minimum wages increase in many States, although at the federal level the amount has remained unchanged since 2009 ($7.25 per hour). […] The post Walmart is Paving The Way of The Future: Automation and Subcontracting appeared first ...
Posted: Apr 13 2018 @ 9:06 AM
There has always been an economy parallel to the inefficient waste of natural resources and raw materials. A few decades ago, this parallel economy emerged with the culture of recycling. At the time of our grandparents, this tendency of thought and way of life was already taking shape with their habit of trying to fix […] The post The Culture of Recycling & the Sharing Economy. appeared first on My Financial ...
Posted: Apr 11 2018 @ 9:33 AM
Despite recent setbacks, for some time now, the discussion about the arrival of autonomous cars no longer focuses on whether they will become a reality, but rather – when. From the outside looking in, it  feels as if skepticism is greater among the car manufacturers, precisely because they have a lot more to lose in […] The post Autonomous Cars Will Drastically Shake Up Our Economy – Winners and Losers appeared ...
Posted: Apr 10 2018 @ 8:57 AM
Bitcoin is a crypto-economic ecosystem that divides the world. Countries can be categorized as Bitcoin-friendly or anti-Bitcoin. Often, the news, in one way or another, takes headlines, and polarizes socio-economic agents and society at large. In the anti-Bitcoin camp, there are cases such as that of China, Venezuela, or South Korea. Its anti-Bitcoin regulations have […] The post The Illegality of Mining Bitcoin – Now in the US appeared first on ...
Posted: Apr 09 2018 @ 9:12 AM
The United States has a trade deficit with China of $375 billion dollars, a figure that is growing every year. This increase in the gap between the goods and services that the US purchases from abroad is interpreted by the Trump administration as a weakness of the national economy that is easily reversible through economic […] The post Tariff War Against China: We Already Tried This is 2002, With Catastrophic Results ...
Posted: Apr 07 2018 @ 1:53 PM
Donald Trump does not like Jeff Bezos. The creator of Amazon and owner of The Washington Post has had to endure the latest rant by the President on Twitter (where else') In that personal war, there is a visible and a hidden face. The view, as indicated in the tweets, is the accusation that Amazon […] The post Trump vs. Amazon: This is War appeared first on My Financial Wisdom. ...
Posted: Apr 06 2018 @ 12:45 PM


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