From Nation State to Global Community

SUPERLATIVA-sun-passport

In this post I’m trying to reply to a publication from the Strategic Foresight Club[1], and represent an update of one an older article on linkedin BE, it was 2015 and the forecast trend is growing. cool

Well, in my opinion we’d  introduce the concept of  Nation State vs Corporate State, about that, we all are experimenting from the opposite fronts the echoes of the, till now, Financial World War III raising from the ancient caves of human stupidity.

Now, what’s the academical definition of Corporate Citizenship:

DEFINITION of ‘Corporate Citizenship’[2]

The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders.

As demand for socially responsible corporations increases, investors, consumers and employees are now more willing to use their individual power to punish companies that do not share their values. For example, investors who find out about a company’s negative corporate citizenship practices could boycott its products or services, refuse to invest in its stock or speak out against that company among family and friends.

Someone’s is still considering this hypothesis as naïve, someone call it CSR[3] but I’d like to offer a free energizing and vigorous cool shower to every sceptic.

Everything’s started one day in a little State named Swiss, a tiny hole surrounded by a cumbersome and hyper-bureaucratic giant baptized Europe[4]

This funny, eccentric State decided to become the very first Corporate based currency, in fact the Swiss National Bank – a central bank – had been one of the biggest buyers of AAPL stock in the first quarter, when it added 3.3 million shares to its existing position, or 60%, bringing the total to 9 million shares, for a grand total of $1.1 billion. Moments ago, the SNB which unlike the Fed and the other “serious” central banks releases a 10-Q divulging its equity holdings, updated on its latest stock portfolio.

So what are the Swiss hedge fund with nearly $94 billion in equity holdings? Here is the full breakdown.

SNB top holdings 2016

$94 billion is nothing in the world contest but means a lot in a small state that has always made the difference in the financial hi-class world.

What’s happening in china since this question was upstretched from a provocation of prof. Zhao Tingyang:

Prof Zhao Tingyang, a Chinese philosopher, has created a stir by proposing that ‘the world’ should be the primary unit of social organization, instead of the nation-state. He rejects an international system, which is based on relations between nation-states, and advocates a global system. In his philosophical framework, all people on the planet should have loyalty to ‘the world’ and participate in its affairs as global citizens, not as representatives of their nations. In such a world, the United Nations Organization is irrelevant. Zhao would prefer some other form of the world government.[5]

Realistically today China believes in Gold working to be the next World Super State:

Graph_Estimated-Total-Chinese-Gold-Reserves

On July 17, 2015, the People’s Bank of China (PBOC) updated its gold reserves holdings for the first time since 2009. The PBOC reported adding 604 tons of gold to their reserves bringing the total from 1,054 tons to 1,658 tons.

The PBOC announcement was widely anticipated as a pre-requisite of China’s application for inclusion in the International Monetary Funds’ (IMF) Special Drawing Rights (“SDRs”).

Several observers think China holds a portion of its gold at the PBOC as reserves with the rest held elsewhere in China.

The PBOC’s updated gold reserves are five times more than England’s and certainly enough to show the financial heft required for admission to the SDR. The PBOC doesn’t need to report thousands of tons of gold to get into the SDR and they don’t need to upstage their largest single country trading partner, the United States at this point (whose stated gold reserves are 8,135 tons).

Gold-reserves

*The percentage share held in gold of total foreign reserves, as calculated by the World Gold Council. The value of gold holdings is calculated using the end of month LBMA Gold price published daily by ICE Benchmark Administration. In October 2016 the end of month gold price was $1272.

China’s recent update to its gold holdings put it in fifth place among gold holding nations, (hey Italy looks wealthy too ).

Objectively it seems that China’s primary objective is not acceptance into the SDR but rather to establish a viable parallel international financial structure to rival the IMF.

Indeed: The World most prominent financial trader are blind in the medium long term, just think to the last crisis and to the very old “Tulip fever” of 1637[6], when you don’t consider it a fact don’t continue reading this post.

De-dollarization accelerates while the U.S. Dollar Index (DXY) also rises.

The DXY has risen nearly 20% the past year despite an acceleration of de-dollarization initiatives including increasing sales of U.S. Treasury Bonds by Russia and China and most recently, the creation of the Asian Infrastructure Investment Bank (AIIB).

The dollar’s rise is based on the premise that the U.S Federal Reserve (Fed) might be raising interest rates, something they haven’t done in nearly a decade. All the focus is on that potential.

Forgotten is that over the past decade the Fed has recklessly created a housing bubble and bust and then compounded their error by printing over $4 trillion to buy near worthless mortgage backed securities from the too big to fail banks and to purchase over $2 trillion in U.S. Treasury Bonds, thereby assisting the U.S. government in increasing its massive deficit.

The Price of the “Recovery”

fredgraph

What Chinese De-Dollarization Looks Like:

While much of the financial media attention is focused on what Janet Yellen and the Fed might say or do, international de-dollarization efforts are accelerating.

China’s de-dollarization efforts are less focused on selling U.S. Treasury Bonds and more focused on increasing global use of the Chinese Renminbi or Yuan, including the following initiatives:

Asian Infrastructure Investment Bank

The most ambitious Chinese de-dollarization initiative to date is the recent creation of the AIIB. The AIIB was set up to finance infrastructure projects throughout Asia.

U.S. and NATO allies have disregarded U.S. entreaties not to join the AIIB. Despite U.S. objections, Australia, Netherlands, Brazil, Turkey, UK, Switzerland, New-Zealand, Luxembourg, Italy, Germany, France, Austria, Denmark have signed on to participate in the AIIB.

U.K. Prime Minister David Cameron has been quoted as saying with regard to the U.K’s involvement with the AIIB: “There will be times when we take a different approach. We think that it’s in the UK’s national interest.”

Inclusion of China in the SDR Scheme?

China is making a bid for inclusion in the International Monetary Fund’s (IMF) Special Drawing Rights (SDRs) basket of currencies later this year. If such inclusion does not happen or on terms suitable to the Chinese, China is setting up the infrastructure to perhaps bypass the IMF entirely. For more on SDR’s, see http://bcove.me/7qou4729

Conclusion

We can philosophize as we like but the reality is that we have David, (the Swiss system), and Goliath, the new Chinese Ruler who will shape the future world, unless, everyone’s like me will  build or join his private Nation, in my case, S.U.Nhttp://www.superlativa.it/sun/ since I and You are somebody and we all together  can make the difference using our individual power, the power to buy or to ban., and why not to shape a new #blockchain value, named @1trueid

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion, and do not intend as well to have any commercial purpose.

[1] http://strategicforesight.com/ Strategic Foresight Group (SFG) is a think – tank engaged in crafting new policy concepts that enable decision makers to prepare for a future in uncertain times. Founded in 2002 to create new forms of intellectual capital, our body of work today encompasses over 50 countries, across four continents.
[2] http://www.investopedia.com/terms/c/corporatecitizenship.asp#ixzz3iPFJZ9nS
[3] https://en.wikipedia.org/wiki/Corporate_social_responsibility
[4] From fecund EUROPA: a Phoenician princess carried off by Zeus in the form of a white bull and by him mother of Minos, Rhadamanthus, and Sarpedon, but somone says also  from the Phoenician word EROB, meaning where the sun set (west of Phoenicia,west of Bosphorus, Sea of Marmora)
[5] http://strategicforesight.com/publication_pdf/67141BQOT.pdf
[6] https://en.wikipedia.org/wiki/Tulip_mania

APPLE ‘’some kind of Fruit Company”

apple be

Forrest Gump’s Investment in Apple would be worth $7 Billion Today, that’s why I’m a Business Angel and I decided to be one of the 1Trueid founders.

In the 1994 Oscar-winning movie Forrest Gump, there’s a short scene in which Tom Hanks’ character opens a letter of thanks from Apple after his former military colleague and business partner Lieutenant Dan invested some of the profits from the Bubba Gump Shrimp Company in “some kind of Fruit Company.”

If Gump was real and if he was still clinging on to his investment today, he could have a staggering 12 million shares in the Cupertino Company, worth around $7 billion.

One year ago I successfully introduced  the 1TRUEID company to the Italian press in Milan in a place that resembles one of the mantra of the venture, communicate the real excellence and ‘’made in’’ therefore  EATALY, with the aim to become the one and only Social Book of Things, and, confidently become the one and only competitor to the Facebook Empire.

Some reason to be positive that we can win the challenge:

  • We’ve created a 360 degree environment, like ipod at the era of the mp3 we have fashioned a device that is considered ‘’best of breed’’ from major hardware corporations that now collaborate with us in the further upgrades
  • We’ve created a platform like itunes at that time or facebook now where to share the object that you own and that we certify being of your property
  • We’ve secured and patented the idea, the hardware and the fact that it’s social, not for arrogance but to avoid to so many people to waste energies on the Internet of Things signifying them to invest their energies in deploy 1Trueid solutions; undeniably who would ever want hundreds of app on his Smartphone instead of one?

By the way, day by day Facebook is even more seen like a grey empire whilst on the contrary every user of the 1TRUEID platform benefits of an ultra secure and protected privacy.

Just curios? Sign in! Are you a developer or a maker? Order a starter kit at less than 30 us dollars. 

 

Early Stage investors? You’re now advised!

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion. 

IT4FASHION & Steve

it4fashion
In the amazing surroundings of The Pagliere building , a complex of great architectural importance, of a unique type in the Florence building landscape  I will be honored to introduce The Book of Things©, 1trueid.

We are in what I call a new ‘’mp3’’ era, the Internet of Things era, and whilst others are focusing mainly on custom made applications, I have contributed to create the secure platform designed to become the future standard of reference.

Together with the platform we have developed a complete environment, thanks also to astounding partners; an ecosystem made of readers, devices, tag, antenna’s, Big Data analysis, payment tools, gaming engagement and more, much more,

1trueid in non financial marketsThis is what makes the difference as it was for ITunes in January 9, 2001.

My personal journey in the blockchain and IOT technology started in ’98 thanks to an intuition, and was confirmed after the success of Facebook, the world is changing from central, to dots connection to a complete interconnected world.

Dozens or even hundreds of start up and start upper now understand the change, but none had our intuition, to build a standard, this is why our motto is:

‘’We build roads, not trucks©”

As it was for Malcom McLean who patented the containers, 1trueid is a patent applied for application, but in the same way of Malcom, the patent purpose is to accelerate our standard dissemination, in fact we are focused on partnership, especially with System Integrators, and my personal motto is:

‘’Collaboration is the new competition©”

1trueid ise1trueid is open to everyone since the entry level is accessible for one of the Forbes 100 Corporate as well for the producer of only 100 exceptional bottles of wine or special oil, or custom made items, or even for the end user to protect his luxury items or to manage his home domotic.

How I come to this? After the intuition comes the realization, and I started my personal journey and scouting with the one trillion club, meaning meeting Corporate with a sum of turnover over the one trillion US dollars, and meeting key leaders and visionaries.

cha-2016-08-01

He has highlighted our tag specially designed for the garment industry.

One of the recent Visionary has been Mark Harrop, the founder and Managing Director of WhichPLM. During a career that has spanned more than four decades, Mark has worked tirelessly to further the cause of PLM providing the unbiased, expert advice that has enabled some of the world’s best known retailers, brands and manufacturers achieve efficiency savings across their entire supply chain through informed technology investments.

diamondI will also reveal an amazing Social 1trueid Project, be among the very first to know about.

So there are a lot of things happenings and do not miss the opportunity to be among the actors and not the spectators; never forget that Forrest Gump’s Investment in Apple would be worth $7 Billion Today, that’s why I’m a Business Angel and I decided to be one of the 1Trueid founders. This will be one of my next post, stay tuned…

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion. 

Collaboration is the New Competition©

collaboration BE.png

New forms of corporate collaboration can drive sustainability, and create better products and services.

Leaders and organizations are acknowledging that even their best individual efforts can’t stack up against today’s complex and interconnected problems. They are putting aside self-interests and collaborating to build a new civic infrastructure to advance their shared objectives. Someone’s call it “joint impact” and it’s a growing trend in the most developed countries, and Italy again risk to lose the ‘’Big Picture’’ of competition, after having failed to gain from the opportunity of the €uro.

Businesses banding together to learn from each other is nothing new: think of medieval guilds or chambers of commerce. More recently, diverse group of leaders — private, public, philanthropic, and nonprofit — fed up with the dysfunction around them, come together to challenge conventional wisdom and fix problems long written off as unsolvable, such as poverty, unemployment, and a failing education system.

Overcoming a known dispute between the romantic-idealistic philosophy of Rousseau, which imputes to the human being propensities to only noble ideals, and the vision of the human subject to the homini lupus predilection of Plato and Hobbes, concretely we lack the formal authority to solve the problem, missing an obvious ‘plug and play’ solution.

Just think to art and history in Italy, our gold mines owning more than 60% of the world heritage but deficient of a connection among different museum, sites, location, communication, event, and so on…

While collaboration is certainly not a foreign concept, what we’re seeing around the country is the coming together of non-traditional partners, and a willingness to embrace new ways of working together. And, this movement is yielding promising results.

As the CEO of a niche company who’s made teamwork one of his success key, I’d like to offer five Tips for driving large-scale social change through collaboration. This it’s an extract of one of my recent seminar:

  1. Define your Goal: avoid messy and time consuming partnership, clarify your respective target since the very beginning, the mantra should be who makes what and why it’s convenient, so we’re here to do that because we cannot do it alone when not achieving very poor results. We don’t need necessary an outdated win-win project, try to considering on the contrary how powerful it can be a “make it real” philosophy.
  2. Rise above provincialism: Even the most well intended collaboration is often crippled by closed-mindedness. Trust your leadership, leaders often have a “balcony view” of the core issue, understanding the needs of the field and the inherent limitations of their own organization’s approach. When the collaboration involves many actors, don’t send lower-level staff that may be unable to transcend politics and self-interest.
  3. Keep a track on your progress: to guarantee a continuum, partners should monitor constantly the data and highlight where they are having the greatest impact and where they may need to focus more energy. This permit to avoid conflict and to maximize the results.
  4. Communicate: without sharing what you learn — both the results and the methods for achieving them you’re frustrating the entire project, feed your stakeholders and the community involved.
  5. Regroup with the base: involve and discuss all the levels of the organization when crucial task are going to be achieved, especially when volunteers. This will feel them a part of the project and not simple workers.

Companies such as Microsoft, BG Group, Shell and Nestlé have integrated partnership training into their executive development programmes.

In some cases, companies are collaborating with competitors as well as NGOs and public sector bodies, to address specific problems. Refrigerants Naturally, for example, brings together Coca-Cola, Pepsico as well as Red Bull and Unilever in an alliance with Greenpeace and Unep to develop more sustainable refrigeration technologies, this i.e. it has been our case with the Detox Fashion Campaign.

Competition will stimulate innovation in sustainable products, services and business models. However, as Unilever’s Paul Polman has observed: “In areas where big breakthroughs are needed, we must step up joint working with others.”Therefore when you’re not a nerd developing am application in your garage, the axiom that “without collaboration there’s no innovation” is meaningful.

We are bombarded daily with evidence of our nation’s inability to solve mounting problems like failing education systems and growing inequality. The rapid growth of “joint impact” and the building of new civic infrastructures around the country are the most promising action that can be done to improve our quality of life and innovation level.

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion, and do not intend as well to have any commercial purpose.

A tea with John Maynard Keynes

Keynes BE

The following conversation is based on the genuine point of view of John Maynard Keynes and about the ignorance about History that seems to pervade our leadership.

Good afternoon John, thanks for your kind invitation, truly appreciated, where’s Lydia?

Hi Emanuele, she has gone to see the backstage of a ballet , you know her old passion, but tell me what’s up in this century, I feel myself disoriented.

You remember your words John?

« The game of professional investment is intolerably boring and over-exacting to anyone who is entirely exempt from the gambling instinct; whilst he who has it must pay to this propensity the appropriate toll. »

Well profit and cash are the kings now, few are re-investing and we suffered a structural crisis of the system and unemployment rates, even worse than the Great Depression one.

Gosh Emanuele, I predicted it, was inevitable when you rely on a mass market economic system.

Correct, John but the problem is that USA and even Japan now are rallying on Miltontheory 1.

OMG, to think that I wanted to introduce again a monetary system based on gold!

:DDD John, sorry but it’s really hilarious, I remember again when you told,

«Unemployment develops […] because people want the moon; (or Mars now)—men cannot be employed when the object of desire (i.e. money) is something which cannot be produced and the demand for which cannot be readily choked off. There is no remedy but to persuade the public that green cheese is practically the same thing and to have a green cheese factory (i.e. a central bank) under public control.»

The Federal Banks are mainly or totally private now!

My dear, you’re well informed, but you’d know also in the case what I told to the people who criticize me on the applicability of my models in the long term, … « In the long run we are all dead. »2 … but taste your tea now or you’ll miss the fragrance of these leaves that a friend from the India Office sent me.

Really sweet-smelling and delicate John, send my compliments to him, also these biscuits are delicious, and can let me forgive for a while the bitter taste of a world without ideals and ideas, it’s a sort of frustration sometime.

Ideas shape the course of History Emanuele, don’t be discouraged and too much practical, remember:

«Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.»

Let fly the soul of the genius who’s in every human kind, learn how to inspire happiness and we’ll do rest, by the way we’re not lived for nothing.

You’re right John, at the end this crisis is simply caused to the fact that the Capitalism has reached his scope and goal, we are in the most of the case, or we could, when we would, in abundance of products, and this system need to be re-engineered; Many people of good will and sense is talking about the sharing economy, new models to intend the productivity, in a few words how to be happy, therefore we’re still on time to build a better world when we’ll win.

Emanuele, A study of the history of opinion is a necessary preliminary to the emancipation of the mind, and never forget that nothing matter except states of mind, chiefly our own.

Thanks John, rest in peace, I’ll mind out, and forward my regards also to Cicerone as soon as you meet him, I’ve made one of his motto as mine,<<Historia vero testis temporum, lux veritatis, vita memoriae, magistra vitae, nuntia vetustatis>>(Cicerone, De Oratore, II, 9, 36)

OK Emanuele but we’ve another sort of intending the time and the economy here, but you’re not ready for that, never mind, I’ll do it, take care my friend!

Why did the Keynesian theory didn’t work?  Government spend too much money on post-WWII events. (Examples: Vietnam war, sending the first man to the moon)  The Keynesian solution stopped working  Unemployment became worst  It created Inflation 

In conclusion Keynesian theories work best on economics catastrophes like today’s events

JOHN MAYNARD KEYNES (1883-1946)

The greatest economic thinker of the 20th century, Keynes (a Liberal incidentally) challenged fundamentally the idea that market economies will automatically adjust to create full employment. After working at the Treasury during World War I, he was its chief representative at the post-war Paris peace conference, but resigned in protest at the harshness of the planned reparations. In the Twenties he developed radical plans for dealing with unemployment through deficit financing and state intervention. His insistence on the central role that uncertainty plays in economic decisions foreshadows much of the current interest in behavioural economics. While his basic economic framework – in which short-term economic growth (and employment) depends on ‘aggregate demand’ (consumption, investment and net exports) is built into many of our forecasting models today. Later on, he participated in the Bretton Woods conference (which looked at how to establish a post-war monetary system that would avoid further economic crises) that led to the creation of the International Monetary Fund and the World Bank. Admittedly, he went out of fashion in recent decades when inflation was a bigger worry than unemployment. However, the present crisis has led to something of a revival in Keynesian thinking, and his insights into how international imbalances should be tackled remain highly relevant.

  1. Milton Friedman http://en.wikipedia.org/wiki/Milton_Friedman
  2. A Tract on Monetary Reform, chapter 3, 1923

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion, and do not intend as well to have any commercial purpose.

The XXI Century Renaissance

leonardo BE.jpg

Knowledge has is origin in our perception used to say Leonardo da Vinci, and a new awareness is shyly facing into the developed world, where the conjunction of metaphysic with mathematic is opening the doors of a new Renaissance.

Kalos kagathos (Ancient Greek καλὸς κἀγαθός [kalos kaːɡatʰǒs]), of which kalokagathia (καλοκαγαθία) is the derived noun, is a phrase used by classical Greek writers to describe an ideal of personal conduct, especially in a military context. Its use is attested since Herodotus and the classical period.

The phrase is adjectival, composed of two adjectives, καλός (“beautiful”) and ἀγαθός (“good” or “virtuous”), the second of which is combined by crasis with καί “and” to form κἀγαθός. Werner Jaeger summarizes it as ”the chivalrous ideal of the complete human personality, harmonious in mind and body, foursquare in battle and speech, song and action”.

In my youth I remained dazzled the first time I saw the Botticelli’s Venus, maybe one of the reason why I’ve decided to make Beauty my center of gravity in the future years, and shells one of my business in life.

But the Renaissance has his origin in the genuine Chivalry , Chivalry refers to the lifestyle and moral code followed by medieval knights. It takes its name from chevalier, the French word for knight. Chivalry included the values of honor, valor, courtesy, and purity, as well as loyalty to a lord, a cause, or a noblewoman.

Its basis was a blend of military, social, and Christian ethics. Although chivalry began as a code of conduct for medieval warriors, it adapted to the changing social conditions of the Renaissance.

Handbooks from the 1200s laid out the rules of behavior for knights, and pageants and tournaments celebrated chivalric honor. Because knights were part of the culture of feudal courts, their behavior inspired terms such as courtly, courtship, and courtesy, a cool trend, powered from Women and remained popular in the late Middle Ages and well into the Renaissance. Wealthy Renaissance nobles continued to promote military traditions and to show off their strength in tournaments and in war. However, unlike knights of the Middle Ages, who often acted on their own, they tended to form knightly orders and brotherhoods supported by the ruling government. By 1469 such orders had formed in almost every major court in Europe.

As often happens in history and hopefully in the now to come New Renaissance Women are the key to change and capable to make the difference.

The first—and greatest—of the French romances was The Song of Roland (1098), which tells the story of Roland, a brave warrior who died protecting the French army. However, the most influential chivalric romance was the story of the Welsh king Arthur and his Knights of the Round Table. This legend developed from the writings of the French author Chrétien de Troyes. It includes such familiar characters as Lancelot, Guinevere, Percival, and Sir Gawain.

The tales of Arthur’s knights provided a pattern of action that appears in most romances. First, a knight sets out on a quest: he must save a lady, right a wrong, complete a task, slay a dragon, break a spell, or find the way to heaven. Along the way he has adventures that test his strength, and he must behave according to a code of conduct. Sometimes he is strong enough, but his luck (or Fortune) may be bad. Good knights try to do the right thing, but they often find themselves in difficult situations. The plots of chivalric romances include many common elements, such as jousts, tournaments, strange customs, giants, enchantments, and flying horses. Some critics argue that readers can interpret these elements as symbols that have moral meanings.

During the 1300s and 1400s, medieval French romances were expanded, altered, and translated into English, Spanish, and Italian.

Italy was home to the most popular romances during the Renaissance. There, writers combined the romance of chivalry with the epic*. Italian poet Ludovico ARIOSTO’s Orlando Furioso (Mad Roland, 1516) is particularly notable because its narrator is both self-conscious and mocking. Orlando Furioso had enormous influence on Renaissance literature and literary criticism. The story was so popular that it touched off an explosion of romances based on its minor characters. Jerusalem Delivered (1580), by poet Torquato TASSO, is the other Italian masterpiece of the 1500s.

During the years of discovery and conquest in North America in the late 1500s, Spain saw a vast outpouring of chivalric romances. By 1575, more romances were translated from Spanish than from French. Spain’s Miguel de CERVANTES wrote one of the most enduring works inspired by the code of chivalry, Don Quixote (1605). It tells the story of a gentleman from La Mancha whose mind has been seriously affected by reading romances.

In England, chivalric romances were the most popular form of fiction after the introduction of printing. In 1485 William Caxton, the first English printer, printed Thomas Malory’s Le Morte d’Arthur (The Death of Arthur), a version of the King Arthur legend. English poets of the late 1500s, such as Philip SIDNEY and Edmund SPENSER, created works inspired by the romance tradition.

The tradition of chivalry did not survive the changing political climate of Europe following the Renaissance.

Materialism and self-interest soon replaced the knightly code of honor. The values of old nobility gave way to the democracies of France and America and to the Industrial Revolution that now is facing his limits and paradoxes.

That’s why I see in words as Sustainability an invigorating trend of a new reason of interpreting Virtue and Beauty that Women consciousness before all is claiming.

Phenomena like Madonna or Lady Gaga are outdated, and remain alive just in the style of ‘’villains’’.

On the contrary, still timidly but forcefully testimonials like Suzy Amis Cameron, Livia Firth, Charlotte Casiraghi, Laura Bailey, Samata Angel, Baroness Lola Young, Kirsten Dukes and many others are facing the Red and the Green Carpet of Fashion and Lifestyle, but also male trendsetters like Nik Thakkar, Oskar Metsavaht, and why not me 😉

A better world is coming up…stay tuned 😉

Images in this post are considered to be in the public domain since found on the web and media therefore supposed to be copyright-free images – it’s not intended from the author of the post to violate any copyright right infringement laws, or to offend anyone; in the case you advise a violation, would you advise me and I’ll promptly remove them. The post it’s also an expression of my personal opinion, and do not intend as well to have any commercial purpose.

The Real Estate Italian Bubble

A short analysis

It’s the Italian real estate market the next bubble that unexpectedly could make fail the Eurozone?

No one is talking about the fact that in Italy the real estate market is surprisingly stable, ok, a little reduction in prices 5-8% maximum compared to the 2009-2011 quotations. Nothing compared to what’s happened in US and the P’I’GS, why?

Should we be worried about that? No, on the contrary, a normalization of the market, we can say a reduction of prices at least of the 30%, could it be extremely sound for the Italian and the Eurozone Economy.

The reason why the real estate market in Italy it’s so stable is due to the fact that the property market is in the hands of the few as corporations, (i.e. Pirelli RE), the Vatican, (i.e. IDSC), Individuals, (i.e. Caltagirone family). These entities got the financial power to keep the market stable for a long term, compared to the other countries where the real estate market is more fragmented.

I live i.e. in a residential area not too far from Milan, among vineyards and lakes, in this location the price are still standing to the 2008 levels, therefore when we consider the inflation we can assume that prices are decreased, but notwithstanding that even a very small house, (i.e. 80 square meters), it’s prohibitive for a young couple. It’s impossible for two main reasons, the first the bank is asking you the 30% at least cash, the second one, it’s that the loan monthly debit rate must be no more than the 30% of your income. In such a scenario none has an affordable income to purchase a home that cost more or less 200.000€.

So what could happen in Italy?
a. The new Govern may introduce a tax on empty apartment/houses hold from Real Estate private companies
Not bad, just in my municipality we are 10.000 habitants, and we’ve got 3.000 apartment empty, try to imagine in a big city

b. Parents will continue to support young couples
Cause to the crisis, the loss of work, the retirement that’s now over 60, money’s are at the end

c. The bubble may explode
Not bad, the real estate market will return back to normal and affordable to the people, so don’t be worry, it’s simply the signal that the Italian crisis it’s near to the end, and that we will face a new Italian and EU prosperity

d. Nothing will happen
The worse case, we will have poor and rich and the middle class will definitively disappear, having lost money in the stock exchange, in the real estate, and finally in bonds.

Remember, this is only an opinion, ok, but My Opinion.

EB

Dinameeting 2010 – Evento di lancio: I protagonisti dell’innovazione

28 giugno 2011

Nell’ambito del progetto DINAMEETING 2010, giovedì 30 giugno 2011 si terrà l’evento I protagonisti dell’innovazione.

Giovedì 30 giugno 2011 dalle ore 9.30 alle ore 13.00
Auditorium Giorgio Gaber
Grattacielo Pirelli
Piazza Duca D’Aosta, 3 – Milano

L’evento è finalizzato ad illustrare le attività previste nella fase operativa del progetto.

Sarà anche l’occasione per presentare brevemente le imprese Champion e le Piccole Imprese Crescono, alle quali l’Assessore Maullu consegnerà un attestato di riconoscimento per l’eccellenza conseguita.

http://www.commercio.regione.lombardia.it/cs/Satellite?c=News&childpagename=DG_Commercio%2FDetail&cid=1213438064460&pagename=DG_COMMWrapper