Embracing the Unexpected — The Ancient Art of Conceiving Systemic Risk

Woe was Heraclitus. Such was the weight of the world on the pre-Socratic Greek philosopher’s shoulders that he left this world known simply as the “weeping philosopher.” In his mind, life was not for those with the capacity to contemplate its meaning. Rather, life was lived fully by the innocent alone. In his words, no doubt misconstrued since he took his last breath in 475 BC, “Lifetime is a child at play, moving pieces in a game. Kingship belongs to the child.” As for those with designs on defying the odds, Heraclitus counseled that, “Everything flows, and nothing abides.” The beauty of paradox is that investigation lays bare the naivete of staunch doubters.

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Danielle DiMartino Booth is CEO and Director of Intelligence at Quill Intelligence LLC

For a full archive of my writing, please visit my website Money Strong LLC at www.DiMartinoBooth.com

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The QI of FX — China Holds the ‘7’ Line on its Currency

Overachieving Western parents have no idea how indebted they should be to Zhou Youguang, the linguist who spearheaded the development of the Hanyu Pinyin Romanization in the 1950s. Shortened to ‘pinyin,’ the Chinese government published the system which converts characters to Roman script in 1958. Other international organizations followed suit including the United Nations in 1986. The formalization complete, helicopter parents who’d heard the buzz — that Mandarin was the next hot thing to get into Ivy League colleges — were capable of following along with their children’s homework progress without having to learn the Chinese characters themselves.

To Continue Reading Click Here — QuillIntelligence.com

 

Danielle DiMartino Booth is CEO and Director of Intelligence at Quill Intelligence LLC

For a full archive of my writing, please visit my website Money Strong LLC at www.DiMartinoBooth.com

Click Below to buy Fed Up:  An Insider’s Take on Why the Federal Reserve is Bad for America

Amazon.com | Barnes & Noble.com | Indie Bound.com  |  Books•A•Million