This week's selection of our editors' favourite articles and reading recommendations.
This week, while we divert our attention away from electioneering and presidential debates, our editors' thoughts are still not far off the latest goings-on in the US.
This time the team has taken time out to look at a range of topics including global warming, cyber attacks and whether Communism is making a comeback.
Jeff Patterson kicks off with his favourite read of the week which examines global warming issues...
Winter is Coming
Despite climate change, and by extension global warming, becoming a hot button issue in the United States in recent years, Americans may soon be wishing the planet was a pinch warmer this winter, namely with sights of a new polar vortex descending upon the United States in 2016.
While cold temperatures in the Northeastern United States are nothing new, the arrival of the polar vortex could bring much cooler temperatures into February and even March, leading to a longer winter.
Despite the onset of the polar vortex this year, the phenomenon has actually been part of a consistent shift over the past few decades away from North America and into Europe. Ironically, what follows is a cooling over North America and warmer winters in Europe.
This could be one explanation for why widespread acceptance of global warming amongst certain groups in the United States has ‘cooled’ in recent years.
The Cyber Attack that Shocked
Cyber attacks on US soil have not only become an election issue, but have also affected millions of users and brokerage clients. Merely days after US Vice President Joe Biden made a bold statement, charging Russia with attempting to destabilize the country’s access to the web and affect its electoral process, a big chunk of online infrastructure in the US went dark last week. The US government has evidence that Chinese and Russian groups have been infiltrating state-owned websites.
Corporations have always been aware of the dangers that cyber attacks can cause to their businesses, however the government also has a role to play in order to warrant the personal security of its population.
Is Communism Making a Comeback?
Ignorance is bliss, they say. But when it comes to modern history, ignorance might be a genuine peril to our future. A new study published recently shows that the majority of the millennials in the US are leaning towards a socialist mindset and some even favor communist views.
The survey showed, for instance, that more millennials (71 percent) agreed with Bernie Sanders’ statements, than with the late-great Prof. Milton Friedman (58 percent). Yes, you read it right. A person who wanted to make college tuition free for all, to increase taxes by almost $20T and wanted to overregulate Uber, is more popular than one of the founding fathers of liberal economy.
There is a current infatuation of America’s young adults with communism’s lesser evil – socialism with both Trump and Sander’s supporters - an enormous portion of the US electorate - opposing free trade while supporting protectionism.
It’s no wonder that this generation (which I am also a part of) is so fond of socialism. After all, we all grew up in an era of relative peace and great personal wealth and abundance.
The article, which further examines the prospects of free economy and the dangers of socialism statism and re-distributism is a very revealing and worthwhile read. Read my full contribution here.
We conclude another week of stories that our editors are reading. Feel free to share your views in the comment section and any recommendations of your own. We look forward to hearing your opinions!
This week, while we divert our attention away from electioneering and presidential debates, our editors' thoughts are still not far off the latest goings-on in the US.
This time the team has taken time out to look at a range of topics including global warming, cyber attacks and whether Communism is making a comeback.
Jeff Patterson kicks off with his favourite read of the week which examines global warming issues...
Winter is Coming
Despite climate change, and by extension global warming, becoming a hot button issue in the United States in recent years, Americans may soon be wishing the planet was a pinch warmer this winter, namely with sights of a new polar vortex descending upon the United States in 2016.
While cold temperatures in the Northeastern United States are nothing new, the arrival of the polar vortex could bring much cooler temperatures into February and even March, leading to a longer winter.
Despite the onset of the polar vortex this year, the phenomenon has actually been part of a consistent shift over the past few decades away from North America and into Europe. Ironically, what follows is a cooling over North America and warmer winters in Europe.
This could be one explanation for why widespread acceptance of global warming amongst certain groups in the United States has ‘cooled’ in recent years.
The Cyber Attack that Shocked
Cyber attacks on US soil have not only become an election issue, but have also affected millions of users and brokerage clients. Merely days after US Vice President Joe Biden made a bold statement, charging Russia with attempting to destabilize the country’s access to the web and affect its electoral process, a big chunk of online infrastructure in the US went dark last week. The US government has evidence that Chinese and Russian groups have been infiltrating state-owned websites.
Corporations have always been aware of the dangers that cyber attacks can cause to their businesses, however the government also has a role to play in order to warrant the personal security of its population.
Is Communism Making a Comeback?
Ignorance is bliss, they say. But when it comes to modern history, ignorance might be a genuine peril to our future. A new study published recently shows that the majority of the millennials in the US are leaning towards a socialist mindset and some even favor communist views.
The survey showed, for instance, that more millennials (71 percent) agreed with Bernie Sanders’ statements, than with the late-great Prof. Milton Friedman (58 percent). Yes, you read it right. A person who wanted to make college tuition free for all, to increase taxes by almost $20T and wanted to overregulate Uber, is more popular than one of the founding fathers of liberal economy.
There is a current infatuation of America’s young adults with communism’s lesser evil – socialism with both Trump and Sander’s supporters - an enormous portion of the US electorate - opposing free trade while supporting protectionism.
It’s no wonder that this generation (which I am also a part of) is so fond of socialism. After all, we all grew up in an era of relative peace and great personal wealth and abundance.
The article, which further examines the prospects of free economy and the dangers of socialism statism and re-distributism is a very revealing and worthwhile read. Read my full contribution here.
We conclude another week of stories that our editors are reading. Feel free to share your views in the comment section and any recommendations of your own. We look forward to hearing your opinions!
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Executive Interview with Roberto Politano | Innovate Finance | FMLS:24
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🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!