Is it Progress if a Cannibal Uses Knife and Fork?

The North American XB-70 Valkyrie was a (beautiful!) tri-sonic bomber developed in the early sixties. It was, even by today’s standards, an exceptionally sophisticated and advanced machine. What strikes is the short time it took to develop and build – we intentionally omit the information here since, by today’s standards it would make many people…

DB Closing Branches. We Said It.

It is known that Deutsche Bank is in trouble and, according to some, it poses a huge threat to the stability of the global financial system. Read here. On October 29-th, 2015, “The Bank announced a series of measures to reduce complexity and costs” and that the strategic goal was to “Make Deutsche Bank simpler and more efficient”.…

Brexit: the Most Likely Future Scenario

The laws of systemantics apply to highly complex systems and situations. As you read these laws think of the EU and of the recently celebrated Brexit.   Le Chatelier’s Principle: Complex systems tend to oppose their own proper function. As systems grow in complexity, they tend to oppose their stated function. A complex system cannot be…

The Principle of Ignorance

  The Principle of Ignorance is a ‘corollary’ of the Principle of Fragility, which states:   Complexity  X  Uncertainty  =  Fragility   This principle states that highly complex actions (or business models) lead to situations of fragility in uncertain environments (e.g. markets). For example, a highly articulated portfolio may result to be fragile in a…

Italy – Pride and Prejudice

  In the current economic situation, of falling stock markets, plummeting oil prices and sustained turbulence, the global investor must know which regions/countries offer better long-term sustainable investment opportunities. In addition to having one of highest resilience ratings in the Euro Area (Italy – 73.1%, versus 70.5% of Germany for example), Italy is the 3rd…