Monday, 8 August 2016

A New Financial Crisis 2016-2017

After 2008 crisis, exponential growth peaked in financial markets. S&P 500 Index, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100 Index rose dramatically. We may think that this is a bubble and will burst and it seems like it is not so far. I made a research and found that graphs are so similar just before Great Recession and at some point, early 2000 recession.
Photos below illustrate correlations among daily high prices, standard deviations and forecast prices.
S&P 500 Index

NASDAQ Composite

Dow Jones Industrial Average

FTSE historical chart
FTSE Historical Chart

Another sign of financial crisis is LIBOR rate change. LIBOR rate is moderately rising.
6 month LIBOR rate

Unemployment is the United States of America is between 4-5% which is almost the same just before 2008 crisis.
US unemployment rate

UK unemployment rate is also similar to 2007-2008.
UK unemployment rate

As well as, EU unemployment rate.
EU unemployment rate

There are a number of potential triggers to a new crisis. Equity prices, Brexit, US Presidential Elections, slowing down of Chinese economy and some overvalued rates.
There is a big reason can slow down economic crisis, crude oil price. Crude oil which is main energy product, is much more cheaper than 2007-2008 prices.

by Ilkin Ismayilli

Tuesday, 10 May 2016

Does God exist? Albert Einstein`s answer

In this viral anecdote of unknown origin, a university student named Albert Einstein humiliates his atheist professor by proving that God exists.

Saturday, 9 April 2016

How the water clock works

This extraordinary water clock, designed by French physicist and artist Bernard Gitton, consists of hand-blown glass globes, disks and tubes and fifty liters of coloured water mixed with methanol.

Wednesday, 30 March 2016

The secret of a good memory

Professor William James Explains the Secret of a Good Memory

"Our mind is'essentially an associating machine". Suppose I am silent for a moment, and then say in commanding accents: 'Remember! Recollect!' Does your faculty of memory obey the order and reproduce any definite image from your past? Certainly not...

Wednesday, 21 May 2014

What is Economic Development?

No single definition incorporates all of the different strands of economic development. Typically economic development can be described in terms of objectives. These are most commonly described as the creation of jobs and wealth, and the improvement of quality of life.

Tuesday, 31 December 2013