Global Oil Reserves

In an oil-intensive economic age, everyday we are reminded that we will run out of oil in the next few years. So what exactly is the reserve base today and how long will it last? Here's a video from British Petroleum, one of the world's largest energy companies.




Source: The Economist
http://www.economist.com/daily/chartgallery/displayStory.cfm?story_id=13851376

Market - efficient & rational?

Most economists and marketers go with the belief that the market (consumers) knows what it is doing. Is the belief misplaced? Joe Nocera of The New York Times says that the market is neither efficient nor rational. (Registration-free-required)

The Tiananmen Episode

Yesterday, June 4, was the 20th anniversary of the historic Tiananmen Square protests in China. Writing on democracy and freedom is one of fav pastimes. However, in this post I will only post a few links that shed light on what is, arguably, the most important event in post-1949 China.

For a complete timeline of the event click here: why, how, and what happened? (BBC)

Probably the single most powerful image of the protest episode was that of the 'Lone Protestor' who dared to stand in front of the military tanks that were called in to quell the protests. Here's a video of the Lone Protestor who was immediately arrested and has since 'disappeared'.



So what is the current mood at the Tiananmen Square like? (The Economist) Has China changed after the Tiananmen Episode? (This is a link to a range of views on the BBC.)

The Crisis of Credit Visualized

It's been a pretty long time since I blogged on just about anything. Here's a cool video on how the global credit crisis came about.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.