Sixty years ago, come this November, a twenty-eight-year old Geoffrey Blainey published a history of The National Bank of Australasia marking its first commercial century. He took us on a ride through start-ups and crashes, panics and depressions, wars and peace into a 1950s mired in controversy and banking reforms.
It’s a sign of our resigned times that people can’t seem to fathom why the recent Cricket Australia ball-tampering disgrace in South Africa is serious. Many think that political corruption is a far worse evil.
Well, I’ll explain it in one simple sentence:
When asked about her new role as Enterprise Professor at the Victorian College of the Arts in Melbourne, Australia, Natalie King framed the humanity-creativity paradigm perfectly.
Talking to Paul Dalgarno, of the University of Melbourne, about the imperative of nurturing in creativity, Natalie observed a nexus between process and psyche:
Almost two years ago, I wrote an article “The Broken Model of Music Streaming” that predicted the demise of iHeart Radio. Today the company filed for bankruptcy and it’s just the first of many DotCom 2 bubble bursts to come.
Here’s the article I posted in April 2016, prompted in fact by the death of Prince. Till then, I’d never formally streamed music online. Thing is, once there I couldn’t for the life of me work out why I wasn’t being charged even a cent for the ride?
A bit over a month ago on the launch of the Chicago Mercantile Exchange’s Bitcoin trade I predicted a déjà vu. Here was the subprime mortgage disaster, sprinkled with the dot com boom, mixed in a glass of fresh 21st Century hubris waiting to bubble over. So, the question I posed with overt sarcasm, was how many olives would it take to send this martini splashing over its side?
Then I realised this is complex stuff. Bitcoin, cryptocurrency and blockchain are awe-inspiring feats of human ingenuity. They rank right up there with tourist space travel and driverless cars.
One autumn morning a man and a woman walk to work through the streets of New York’s West Side. They’re not together. He at times actually follows in the distance as their paths merge, separate and converge.
They’re in love. With each other. But out of the crowd their faces remain anonymous as they’ve never met, unless in text online.
Have you developed your workplace’s Nuclear War Action Plan (NWAP) yet? Well, time is running out.
At 8am local time today, residents in Hawaii woke to a social media, radio and TV emergency telling of an inbound ballistic missile attack. Traditional media urged them to shelter in a building. Social media didn’t. Thumb texting that information might have taken too long for all forgot to say, only minutes remained to act.
We’ve come a long way since the Global Financial Crisis of 2008. “Across Wall Street and in the City of London there was a growing assumption that financial wizards had been able to eradicate risk,” said the BBC documentary “The Fall of Lehman Brothers” in 2009.
Late in 2014 I had the honour of being a guest at National Australia Bank’s “Night of Nights”, a celebration of its best employees in south-eastern Australia.
Life has a way of filling its vessel with substance whether we’re wishing it a fair wind or setting its rigging to survive the tumble of its seas.