We’ve all seen the movies like the Godfather and Goodfellas, but what you wouldn’t expect is one of the world’s most powerful companies to adopt a business strategy based on the principles of gangsterism. Jeff Bezos is an American entrepreneur who is the founder and chairman of Amazon.com which is the world’s biggest online retailer and is consistently increasing its market share with ruthless tactics and little remorse.
George Carlin was one of the most influential stand-up comedians of all time. With his brand of unique commentary and controversial social perspective, he captivated audiences and offered a refreshing outlook on the world we live in. He was the The comedians favourite comedian and didn’t hold back on any topic. Continue reading George Carlin – One of the greats
What is an IPO?
An IPO is the first time that the stock of a private company is offered to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but they can also be done by larger companies looking to become publicly traded. IPO stands for initial public offering, and is essentially a company issuing equity to potential shareholders for a price. Continue reading Best IPO’s of 2016 broken down
The post-presidential race rhetoric is coming in from every Tom, twat and Harry about Donald Trump and his anti-muslim ,wall building & misogynistic sentiments. The mud slinging is in full effect and anger is at boiling point for anti-Trump supporters, understandably. He’s a reality TV star who is now in control of the most powerful Country in the world, and that in itself shows how the political system in America is severely broken.
To get a good idea of what a business is actually worth you should look at a company’s balance sheet. Every 12 months a director will prepare a company’s balance sheet.
The profit and loss account is a way to look at the past performance of your company. Its different to a balance sheet which is a snapshot of the present, and the cash flow forecast which is a look into the future. All profit and loss statements have these important categories;
What is a Recession
A recession involves at least two consecutive quarters of negative real GDP. GDP is one of the primary indicators used to gauge the health of a country’s economy. It represents the total value of all goods and services produced over a specific time period. USA, China, Japan, Germany & the UK have the largest GDP’s around the world as of 2016. The GDP calculation is a measure of consumer spending + business investment + government spending + net exports.
History of Recession
The international Monetary Fund defines a global recession as a decline in annual per-capita real World GDP. Since WW2 there were only 4 global recessions. In (1975, 1982, 1991 & 2009), all of them lasting about a year. In 1970 and 1998 there was annual GDP growth rate of 3% or less which can also be considered as a recession. It is difficult to define, due to the GDP growth of developed and developing countries being so different. The IMF estimates that global recessions occur over a cycle lasting around 8-10 years.
Where are we now
Global GDP is estimated to have grown by 3.09% in 2015 and looks to grow to 3.16% in 2016 with recovery being mainly driven by developing economies. The US is experiencing small growth in GDP at around 1.2% per quarter and China is experiencing growth at around the 6.5% per quarter level. The real worry looks to be Japan who are the 3rd largest economy. After seeing a 0.02% expansion in the first quarter of 2016 and with their economy relying heavily on QE, it seems like it’s just a matter of time until their spiral hits rock bottom. That could have a massive impact on the worlds economic status.
At some point in the near future we will enter another recession. Factors such as Brexit, the Japanese debt crisis, curtailing consumer spending and the ridiculous US presidential election could all be worthy catalysts to send the world back into near negative economic growth. The housing bubble in the UK has so far remained glossy, but with the amount of new building projects in London alone at a super high level prices will be coming down due to over saturation of the market. No one knows when any of this will happen but it is inevitable. You just have to ensure your skills are sharpened so your job is secure and if you can save money for that moment when the price of everything drops you can find yourself a bargain.
You don’t have to be cruel to be kind
An act of kindness is a spontaneous gesture of goodwill towards someone or something. You probably wouldn’t realise, but we all perform many acts of kindness on a daily basis, whether it be smiling at someone or paying someone a compliment. Continue reading Kindness
In 2015 there were 1192 murders in Jamaica. The country had about 45 slayings per 100,000 people in 2015 keeping it ranked as one of the world’s most violent countries. By comparison Chicago, which has roughly the same population as Jamaica, around 2.7 million, had 468 killings in 2015. With the recent Olympics showcasing the physical superiority of some of Jamaica’s athletes, the darker side to real Jamaican issues gets pushed aside. Usain Bolt has brought a lot of attention to Jamaica but he gets more attention as an individual than the Country as a whole.
- Elite Squad 2 – Unbelievable how good this movie is.
2. The Raid 2 – One of the best movies I’ve ever seen.