Open Collaboration - The Next Economic Paradigm

I’ve dedicated a lot of research over the last few years to understanding the deep trends that will define the next economy. As I’ve written elsewhere, the global economy goes through a creative-destructive cycle every 50 years. And now we’re in the midst of a collapsing paradigm that is soon to be replaced by something new. In this article, I will explain what the new paradigm is and how it will impact every sector of society — including business, government, education, and basic research. The old economic paradigm was a service economy built on the digital communications revolution that began in the early 1970′s. It is winding down now as financial capital has decoupled from productive capital and the global speculative bubble has burst. This systemic shutdown requires a new paradigm for economic production, one that has been incubating in the minds of lead innovators for several years now and is just beginning to get recognized as the next model for the burgeoning new economy.

Single Global Currency Association World debt comparison: The global debt clock Microfinance and Microcredit Investment | Microcapital.org ECONOMY PROFESSOR | World Finance Wild "Fat Finger" Price Swings In London Stocks Questioned Two of Europe’s largest publically traded companies experienced wild market swings of nearly 10% in less than a matter of seconds, a move that was quickly dismissed as a “fat finger” mistake but is being questioned by a High Frequency Trading (HFT) expert as a potential planned trading strategy. Price swings in London stock exchange In London trading today, HSBC Holdings plc (NYSE:HSBC) (LON:HSBA), the large investment bank with its own proprietary trading division, rocketed 9.9% higher at approximately 11:20 a.m. in London before falling back in price minutes later, according to a report on Bloomberg. This market activity comes two hours after the world’s largest distiller, Diageo plc (ADR) (NYSE:DEO) (LON:DGE), dropped 11% in a matter of seconds on the London exchange before rebounding five minutes later. Speed of correction cited as reason to label event as “fat finger” HFT algorithms known to engage in rapid buying and selling The latest iteration of U.S. Wider concerns

MoneySense The Business Finance- Finance and Economy Site South Africa’s biggest source of financial, business and economic information MBS Dashboard - Pricing, Charts and Commentary There's not a lot of "updating" or commentary to be done when bond markets are behaving as expected. With that in mind, markets continue to trade as expected following this morning's initial move. Also to be expected is a general lack of big moves the day before NFP. Essentially, our best chance for a big move would have been a crazy ECB Announcement this morning, followed by crazy strong economic data, subsequently causing snowball selling in Treasuries and major spillover into MBS. Without that "stuff" in play, there's not much left to do apart from simply meandering noncommittally back into the previous range and waiting for NFP. On a positive note, the mild, but consistent strength has finally delivered the reprices that became possible with this morning's initial gains.