Wednesday, December 13, 2017

Cybersecurity - massively growing risk of cyberattacks and what to do about it - keynote speaker

What happens when you combine Robotics, Artificial Intelligence, theInternet of Things, Big Data and Cloud Computing, to the world of banking, telcos, mobile devices and personal computers? 
The answer is the you get the biggest target for criminals that the world has ever seen - all waiting online to be attached and exploited in a billion different ways using little more than a couple of computers, owned by very smart geeks.  
Never in human history has it been possible for one person, sitting in a bedroom at home in a distant land, to create such havoc and chaos, to seize such power. 
Cyber-crime will therefore be one of the greatest threats to our world over the next 50 years, and far beyond, into centuries to come.  
There is no way back from such a future, except by dismantling all the global e-systems that link us increasingly together.
As I predicted many years ago, and have spoken about since in many keynotes on cybersecurity and related issues, every large company in the world is now experiencing frequent cyber-attacks, on their own systems or in the cloud, whether they realize or not.
(This article is an extract from Patrick Dixon's Futurist book "The Future of Almost Everything"

Cyberattacks already cost business over $300 billion a year

The Centre for Strategic and International Studies has estimated total cost to business to be around $300bn a year. 
 Losses are likely to be more than $1 trillion a year by 2025, especially if we see wide-scale attacks, sponsored by hostile governments.  
We are not just talking about attacks on traditional targets like bank websites, but also commercial aggression like the blackmail of Sony, after the company released a controversial film about North Korea.
There is nothing new about web abuse. At least 80% of the 247 billion emails sent every day are spam, many of them so-called phishing attacks, pretending to be from a bank, encouraging people to enter passwords.

Expect 10 billion separate attacks a year

Macafee is already detecting over 600 million new and different computer viruses, malware or Trojan horses every year – several a second. 
Pharma, chemicals, mining, electronics and agricultural companies are seeing increases of 600% a year in malware attacks. 
Energy, oil and gas attacks are growing by 400%.  Attempts to steal data from retailers are doubling every 12 months.  
In many cases, tens of millions of credit card details have been stolen.  Target lost data on 70 million people in a single attack.  
A single contractor in South Korea managed to steal personal information on 20 million credit card users, more than half the country’s working population. 
Two years previously, personal data on 35 million South Koreans was stolen from Cyworld, a popular social network. 

3 billion people’s personal details have been stolen

Similar attacks have happened across the world.  Hackers recently stole personal details of 213 million eBay users.  Sony lost 100 million client’s details to a hacker.  The Heartbleed bug caused huge damage in 2014 as it swept globally, invading websites of many multinationals, retailers, banks and email companies.
Another example was a major attack on JP Morgan Chase – following a sustained assault with tens of thousands of separate attacks each day over many months, mostly traced to Russia.   76 million names, addresses, telephone numbers and email addresses were stolen – affecting two thirds of all households in America. 
Most attacks are reported very late, some not at all, and many are never noticed of course.
Yahoo admitted in 2017 that 3 billion accounts were hacked back in 2013, triple the previous estimate they had given.

Why hackers will often escape prosecution if caught

I have met bankers who don’t prosecute or even sack staff who hack into their own bank systems. 
“Just thought you should know…. Of course I should probably leak the news or publish the account names.”  
Terrified of bad publicity, they pay them off, give them a wonderful reference, and let them go and work for a competitor – where exactly the same thing is likely to happen again.  
There is no legal requirement in most countries for any bank to report when they have been hacked and data lost, which means that most attacks will never be known, and the true scale is far larger than most people think.
Even the most basic bank security can be pitifully weak.  
I remember shortly before spending a day advising the board of a Swiss bank, I decided to carry out a test of my own. Without being challenged, I managed to walk right into a high-security area using the oldest tricks in the book: distracting reception staff, and gently pulling apart sliding security doors with my fingers.

Large corporations will be forced to encrypt stored data

All IT and smartphone companies will step up personal security with end to end encryption during data transmission, and encryption of all data “at rest” stored on servers.  
It is really shocking that most banks in some nations still do not encrypt data on their servers, so once a hacker gains entry, which they do in every large bank several times a year, they usually have no trouble at all reading files.
It was very careless of Sony to allow hackers to so easily read all their archived emails, contracts and other documents.  Best practice will mean universal encryption.
Customers will be urged to set up two step authentication, with confirmation of passwords using codes sent to mobile devices.  As a result, expect dramatic growth in attacks on telco companies and all mobile devices, to try to hack into SMS and intercept these codes.  In 2014, such attacks grew more than a hundred times over the previous year.

Cyberwar  - a new kind of Cold War

Expect many more significant large-scale cyber attacks against nations and groups of enterprises over the next two decades, often directed by criminal gangs rather than government staff, paid for by secret agents of other countries. 
The largest of these attacks are likely to form part of next-generation conflicts / disputes between nations, paralysing entire government agencies for days, causing major disruption to banking and telecommunications, damaging utilities such as power stations or parts of the national grid. 
It is already happening:  for example, a blast furnace in a steel mill was hit by hackers in Germany recently, causing parts of the plant to fail.  But for understandable reasons, most successful attacks on major installations will be kept strictly secret, in the national interest.

Cyberattacks on international data cables, people, companies and nations

Cyber-attacks are easy to carry out on physical web infrastructure too.  
For example, most bandwidth in the world is carried on a few, very vulnerable, fibre-optic cables.  Cutting them is very easy – all you have to do is drag a ship’s anchor along a sea bed to snag them.  And it is very hard to detect what ship did it, especially in relatively busy shipping areas.  
Recent cable damage reduced web access in India by 70%, Egypt by 60%, with many other nations affected in the Middle East.  In another episode, divers were arrested off the coast of Egypt in the act of sabotage.
For all these reasons, Nato includes cyberattacks as one of the events which could trigger a joint response by the Alliance.
Nations like the UK are very vulnerable since the exact points are well known on maps, where huge data cables run from shallow sea water into the shoreline.
Using mini-submersibles like those the BBC hired to film Blue Oceans II, it is easy to track all data cables into deep ocean, and a work of minutes to cut such them.
However, it will be almost impossible to prove who is really behind such attacks, and therefore impossible to retaliate effectively. 
The US Navy is being hit on a routine basis by over 100,000 separate online attacks every hour, according to Hewlett Packard. But from where and by whom and for what purpose?
Sometimes digital debris is left by accident which gives clues about origin – for example naming a piece of code, deeply encrypted inside a complex virus, after a popular TV comedian in a particular country.  But subtle clue-dropping can also be a deliberate decoy, used by secret services or gangs to cast blame on an innocent nation.

Viruses designed to control entire countries

Energetic Bear is a cyber-espionage weapon which infected vital parts of Europe’s energy infrastructure during the Ukraine – Russia – EU crisis.  
It targeted a wide range of industrial control systems, national grids, power stations, wind turbines, biomass fuel plants. 
It was designed to monitor energy use in real time and to disable systems on command – but on whose command? 
Future energy viruses will target smart grids and smart homes – imagine the impact for example, if a hacker from a hostile state or group could turn on 15 million air conditioners simultaneously, causing instant power cuts.
A few weeks after discover of Energetic Bear, Russian telecom and health companies, utilities and government agencies discovered that they too had been hit by one of the most deadly and sophisticated clusters of viruses ever created, called Regin.  
The cluster was designed with multiple Apps, to steal passwords, extract information on a huge range of systems, and take total control of many different types of industrial equipment.

“Digital bombs” inside large organisations

Targets were also hit in Saudi Arabia, Mexico, Ireland, India, Iran, Belgium, Australia and Pakistan.  
In many cases, it turned out that the viruses had been working away for up to 6 years without detection, despite every check. The viruses were constantly listening online for a single command to detonate tens of thousands of digital “bombs” across every part of the nation.  
It has been reported that Russia is now so anxious about American penetration, that security agencies are using printed paper for ultra-sensitive communications.  The Chinese meanwhile are building a quantum computing link between Beijing and Shanghai, which they hope will lock out foreign surveillance.
In 2007, Estonia banks, Government agencies, Parliament, broadcasters and newspapers were also hit by three weeks of cyber-attacks which completely paralysed their web capabiliites.  These followed a disagreement with Russia, though responsibility was never proven.
So we will see huge investment in cyber-resilience, by governments, banks, stock exchanges and utility companies in particular, in the wealthiest nations, but smaller nations will remain very vulnerable.  
At least a quarter of all attacks will be espionage – directed at stealing state secrets or corporate research which has yet to be patent protected. 

Hackers will be recruited by spies and gangs

Expect growing numbers of full-time professional hackers, operating as independent consultants to criminal gangs and secret services, offering services in combination with others to plan major attacks. 
In many cases, these hacking geniuses will never realize who the end client really is.  They may think they are working for MI6 in the UK for example, but are actually working for a Bulgarian gang, which is assisting Russian Federal Security Services, or for the CIA or Mossad.
Many attacks will be multidimensional in future. So a large scale identity theft takes place a couple of hours before a vital payment channel is hacked, to create new PIN numbers. Minutes later, two hundred people with cloned cash cards start withdrawing cash from ATMs in over 50 cities.

Hackers will be turned against other hackers

Expect a radical rethink about what on earth to do with convicted hackers:  people with proven genius in cracking open systems, who may well be the best people in the world to test your own security, and help improve it.  
Do we really want to waste their lives locked up in prison?
Some hackers will be offered rewards by governments to attack and destroy the dark web. 
The aim will be to identify many millions of users of Tor web browsers (these are like normal web browsers, but prevent ANYONE monitoring your web activity), and users of other “secret” tools: people who want to keep their activities and payments 100% secret. 
Over 400 dark websites were closed in 2014 alone, including sites which sell illegal drugs, illegal arms deals, assassinations of spouses or politicians, and every kind of depravity. 
However, many dark web users in future will simply be trying to evade “oppressive” state snooping – particularly in countries like Russia or China where web controls have become severe.  Use of Tor in Russia leapt from 60,000 to over 200,000 people in just a couple of months following the seizure of Crimea.
Looking for a cybersecurity keynote speaker?  Patrick Dixon has given keynotes for over 400 of the world's largest corporations and to governments on a wide range of digital issues including cybersecurity, how to prevent cyberattacks, how to detect cyberattacks and related matters.

Thursday, November 16, 2017

Truth about BlockChain, BitCoins - impact on banking, insurance - BlockC...





I have advised hundreds of the world’s largest corporations on digital trends, and one of the biggest that CEOs and boards are now talking about is Blockchain.  What is Blockchain and what does it mean for us?  Could Blockchain wipe out our business, or will Blockchain help us grow? 
Here is a comment after my recent keynote for the global team of Generali Insurance, on Blockchain.

So what is Blockchain?

Blockchain is a very clever method for making permanent global records, with copies held in many different places, totally safe from corruption, deletion, alteration or cyberattack. 
Blockchain uses the same technology as BitCoin and other so-called cyptocurrencies. 
BitCoin technology was developed to allow a new “virtual” currency to be created, coin by coin, in a way that is permanent, protected, cannot be duplicated or destroyed.  It costs a lot of money, mainly electric power to run computers, to create each BitCoin, so they are rare and have real value.  BitCoins are traded against many other currencies. 

Blockchain developed from BitCoins

BitCoins are also completely anonymous, and impossible to track when used for online payments, as well as completely secure.  
BitCoins are controversial because the system is so strong, that they are now the payment of choice used by many criminal gangs, for drugs, ransom payments, arms deals and so on.
The system works because each payment is registered in an ultra-secure database which cannot ever be altered.  This means that each BitCoin can only be transferred once.  
If you spend a BitCoin, you cannot spend your same BitCoin again.  Once spent, it’s value is registered at the speed of light to another person permanently, using a system that we call BlockChain.  Each “block” is an individual cluster of records, and each “Chain” is a time-stamped sequence of blocks.
But we can use the same registration system for another purpose: to register documents rather than ownership of BitCoins.

Why Blockchain really matters to most industries

Blockchain means that anyone in the world with online access can prove a particular document exists, when it was sent, who it was sent to and so on.  We can also prove that an event has taken place, in a way which is fully transparent to everyone who needs to know this around the world.
The implications of this are going to be huge.  And it will be many years before we work it all out.  We are at a similar stage with Blockchain that we were with the web in 1997. 
A lot of excitement and speculation, and also a lot of uncertainty about how it will affect us all in practice.

Blockchain Boom

There is no doubt that Blockchain has the power to completely transform every financial transaction or legal process, every trade agreement, every insurance claim and every supply chain ordering system.
That is why we are seeing huge investment in Blockchain innovation, inside large companies, and a huge number of new Blockchain startups, especially in FinTech.

Blockchain impact on real estate sales

Consider the complex processes to buy a house.  Legal agreements are exchanged and signed.  Deposits are made, and then final payments.  After this, land ownership records are altered in government archives. 
Each of these processes has to be checked and verified to prevent fraud and protect both buyer and seller.  Each of these steps can be revolutionized using Blockchain.  
And as that happens, we will find we have new ways to validate these steps – no longer the exclusive roles of banks and law firms.
A real estate agent could safely handle the whole thing, backed by Blockchain technology.  Indeed, buyers and sellers could do far more themselves, cutting costs and speeding up transactions by many days or weeks.

Blockchain impact on insurance industry

Fraud is a major challenge in the insurance industry, and means that in many nations people are paying at least 5% more than they should be, just to pay for these losses. 
Blockchain could change all that, as well as cut many other costs.  Take the auto industry and car insurance.  Imagine that every vehicle in the world has its own Blockchain record. 
A global register of your car that contains date of sale, past and current owners, details of every repair, accident or insurance claim. 
We could also create a global register of individuals and their current or past insurance policies, or a global register of all insured businesses and claims.

Automated travel insurance claims driven by Blockchain

Blockchain could mean completely automated insurance: from payment to policy issuing, to triggering a claim, to payout, to confirmation of receipt of payment and closure of the case. 
A traveller could take out insurance against flight cancellation.  The flight record is made automatically, and shows that a cancellation did indeed happen.  
Within seconds, a payment is triggered into the policy holder’s bank account, before the traveller is even aware that the insurance company has been notified.

Blockchain impact on banking and international payments

Blockchain will protect international money transfers.  
I spoke at a global payments conference recently and was shocked to discover how many global payments are still relying on last century tech for tracking – which is why cross-border payments are still so slow and so prone to errors.

Blockchain impact on supply chains and manufacturing

Blockchain could revolutionise supply chains and manufacturing, allowing buyers and sellers to be 100% confident about receipt of legally binding orders and payments, issuing of shipping documents, registration for customs and excise, proof of payment of import taxes.

Blockchain in legal firms and accounting

Legal processes depend fundamentally on proving that certain events have taken place, and in certifying the legal consequencies of those events.
Blockchain means that legal firms can prove that documents have been issued and in what form.  Signed and dated documents can be authenticated in a global secure register. 

Blockchain in digital forensics, compliance and regulatory processes

How do you prove that your digital records are correct?  That the date of an email authorizing action on a health and safety matter is the real date and has not been deliberately altered to avoid a prosecution?  
Blockchain can be used to permanently authenticate the fact of every email sent and received.
Blockchain can be used to validate all investor information, reports, and other important information.

So what happens next with Blockchain?

Expect to see a huge number of experiments with multiple failures along the way. As with all areas of FinTech, we will see common platforms and systems develop, for different industries, using common standards. 
And there will be quite a fight amongst different companies to get scale and dominance of their own industry.
The most successful Blockchain companies will become the industrial or legal or financial “Google’s” of tomorrow, with immense influence and power, and systems which are used in many different parts of society.
The financial rewards will be spectacular for the largest winners in the new Blockchain economy.  At the same time, we will see some spectacular failures and scandals. 

Expect Blockchain and cryptocurrency frauds and scandals

Blockchain is highly complex, depends on sophisticated mathematics and is poorly understood by most small investors or non-technical board members of multinationals. 
BlockChain and cyptocurrencies are both areas open to fraud, misrepresentation and deception on a gigantic scale, and expert advice is needed at every stage before engagement. 

Truth about BlockChain, BitCoins - impact on banking, insurance - BlockC...





I have advised hundreds of the world’s largest corporations on digital trends, and one of the biggest that CEOs and boards are now talking about is Blockchain.  What is Blockchain and what does it mean for us?  Could Blockchain wipe out our business, or will Blockchain help us grow? 
Here is a comment after my recent keynote for the global team of Generali Insurance, on Blockchain.

So what is Blockchain?

Blockchain is a very clever method for making permanent global records, with copies held in many different places, totally safe from corruption, deletion, alteration or cyberattack. 
Blockchain uses the same technology as BitCoin and other so-called cyptocurrencies. 
BitCoin technology was developed to allow a new “virtual” currency to be created, coin by coin, in a way that is permanent, protected, cannot be duplicated or destroyed.  It costs a lot of money, mainly electric power to run computers, to create each BitCoin, so they are rare and have real value.  BitCoins are traded against many other currencies. 

Blockchain developed from BitCoins

BitCoins are also completely anonymous, and impossible to track when used for online payments, as well as completely secure.  
BitCoins are controversial because the system is so strong, that they are now the payment of choice used by many criminal gangs, for drugs, ransom payments, arms deals and so on.
The system works because each payment is registered in an ultra-secure database which cannot ever be altered.  This means that each BitCoin can only be transferred once.  
If you spend a BitCoin, you cannot spend your same BitCoin again.  Once spent, it’s value is registered at the speed of light to another person permanently, using a system that we call BlockChain.  Each “block” is an individual cluster of records, and each “Chain” is a time-stamped sequence of blocks.
But we can use the same registration system for another purpose: to register documents rather than ownership of BitCoins.

Why Blockchain really matters to most industries

Blockchain means that anyone in the world with online access can prove a particular document exists, when it was sent, who it was sent to and so on.  We can also prove that an event has taken place, in a way which is fully transparent to everyone who needs to know this around the world.
The implications of this are going to be huge.  And it will be many years before we work it all out.  We are at a similar stage with Blockchain that we were with the web in 1997. 
A lot of excitement and speculation, and also a lot of uncertainty about how it will affect us all in practice.

Blockchain Boom

There is no doubt that Blockchain has the power to completely transform every financial transaction or legal process, every trade agreement, every insurance claim and every supply chain ordering system.
That is why we are seeing huge investment in Blockchain innovation, inside large companies, and a huge number of new Blockchain startups, especially in FinTech.

Blockchain impact on real estate sales

Consider the complex processes to buy a house.  Legal agreements are exchanged and signed.  Deposits are made, and then final payments.  After this, land ownership records are altered in government archives. 
Each of these processes has to be checked and verified to prevent fraud and protect both buyer and seller.  Each of these steps can be revolutionized using Blockchain.  
And as that happens, we will find we have new ways to validate these steps – no longer the exclusive roles of banks and law firms.
A real estate agent could safely handle the whole thing, backed by Blockchain technology.  Indeed, buyers and sellers could do far more themselves, cutting costs and speeding up transactions by many days or weeks.

Blockchain impact on insurance industry

Fraud is a major challenge in the insurance industry, and means that in many nations people are paying at least 5% more than they should be, just to pay for these losses. 
Blockchain could change all that, as well as cut many other costs.  Take the auto industry and car insurance.  Imagine that every vehicle in the world has its own Blockchain record. 
A global register of your car that contains date of sale, past and current owners, details of every repair, accident or insurance claim. 
We could also create a global register of individuals and their current or past insurance policies, or a global register of all insured businesses and claims.

Automated travel insurance claims driven by Blockchain

Blockchain could mean completely automated insurance: from payment to policy issuing, to triggering a claim, to payout, to confirmation of receipt of payment and closure of the case. 
A traveller could take out insurance against flight cancellation.  The flight record is made automatically, and shows that a cancellation did indeed happen.  
Within seconds, a payment is triggered into the policy holder’s bank account, before the traveller is even aware that the insurance company has been notified.

Blockchain impact on banking and international payments

Blockchain will protect international money transfers.  
I spoke at a global payments conference recently and was shocked to discover how many global payments are still relying on last century tech for tracking – which is why cross-border payments are still so slow and so prone to errors.

Blockchain impact on supply chains and manufacturing

Blockchain could revolutionise supply chains and manufacturing, allowing buyers and sellers to be 100% confident about receipt of legally binding orders and payments, issuing of shipping documents, registration for customs and excise, proof of payment of import taxes.

Blockchain in legal firms and accounting

Legal processes depend fundamentally on proving that certain events have taken place, and in certifying the legal consequencies of those events.
Blockchain means that legal firms can prove that documents have been issued and in what form.  Signed and dated documents can be authenticated in a global secure register. 

Blockchain in digital forensics, compliance and regulatory processes

How do you prove that your digital records are correct?  That the date of an email authorizing action on a health and safety matter is the real date and has not been deliberately altered to avoid a prosecution?  
Blockchain can be used to permanently authenticate the fact of every email sent and received.
Blockchain can be used to validate all investor information, reports, and other important information.

So what happens next with Blockchain?

Expect to see a huge number of experiments with multiple failures along the way. As with all areas of FinTech, we will see common platforms and systems develop, for different industries, using common standards. 
And there will be quite a fight amongst different companies to get scale and dominance of their own industry.
The most successful Blockchain companies will become the industrial or legal or financial “Google’s” of tomorrow, with immense influence and power, and systems which are used in many different parts of society.
The financial rewards will be spectacular for the largest winners in the new Blockchain economy.  At the same time, we will see some spectacular failures and scandals. 

Expect Blockchain and cryptocurrency frauds and scandals

Blockchain is highly complex, depends on sophisticated mathematics and is poorly understood by most small investors or non-technical board members of multinationals. 
BlockChain and cyptocurrencies are both areas open to fraud, misrepresentation and deception on a gigantic scale, and expert advice is needed at every stage before engagement. 

Monday, May 02, 2016

Future of Marketing, Big Data, Little Data and Mobile Payments - marketi...

Monday, February 08, 2016

Future of Banks and Telcos - mobile payments trends - Google keynote by ...

Sunday, September 06, 2015

The Future of Almost Everything - join conversation about new book! Keyn...

Thursday, April 23, 2015

How 40 seconds can change next 40 years - Future Strategy - keynote speaker

Saturday, March 28, 2015

Future of Payments, Cards, Cash and Banking - ways to reduce banking ris...

Thursday, December 04, 2014

Futurist Speaker on Mobile Technology and Banking Customers

Thursday, November 06, 2014

Future of Risk Management in Banking - steps for every bank to reduce ri...

Wednesday, April 23, 2014

Be Futurewise - 6 Faces of the Future - The Cube - Patrick Dixon Futuris...

Wednesday, March 12, 2014

Next Big Thing: Location-Based Marketing / mobile advertising. Future Of...

)

Future of Baltic States, European Union Economic Outlook, Estonia, Latvi...

)

Tuesday, March 11, 2014

1 billion future customers: who, where, what. Demographics and Future of...

Monday, March 10, 2014

How Mystery Shopping helps better customer experience - Future of Market...

Tuesday, March 04, 2014

Future of the Turkish Economy: Turkey economic outlook, growth, inflatio...

Monday, March 03, 2014

Future of Banking: Mobile, IT, Technology Partners - Futurist Speaker on...

Wednesday, February 26, 2014

Agile Innovation and Genius Ideas - Futurist Speaker

Tuesday, February 25, 2014

Future of London Property Market - House Prices in London - Real Estate ...

Monday, February 24, 2014

What next: Inflation or Deflation? Get ready for inflation - Economics F...

Monday, February 17, 2014

Big Data - vital to every large business. Future of Big Data - Keynote S...

Wednesday, January 22, 2014

Customer disasters (funny) - how to avoid them! Improve sales. Marketing...

Economic Outlook for China, Russia, Vietnam, rest Asia. Global Economy k...

Global Economic Outlook, impact of emerging markets - Global Economy co...





Impact of emerging markets on growth of global economy. Economic outlook for EU, US, Asia and Latin America and why business leaders in developed nations often have a distorted view of true global economic growth and future economic recovery. Keynote conference speaker Patrick Dixon, lecture on global economy and business travel for American Express (Amex) and TAP Moscow. Why we need to focus on China and countries like Vietnam. Why news media are unrealiable guide to the truth about global economic growth. Beyond the downturn, predicting timing of global recovery. Risks of inflation, deflation, boom and bust, double-dip recession, and impact of rapid changes in interest rates, actions by central banks, stimulating money supply, printing money, quantitative easing – but the fact is that the entire global economy grew thoughout the huge economic crisis of 2008-2013, and the crisis had very different impacts on countries like India or Portugal. Expect spectacular growth of aviation and rail travel in emerging economies such as China and India. The irresistible human desire to travel, explore, and gain new experiences will underpin consistent global growth in travel and tourism, despite new carbon and aviation taxes.

Wednesday, February 06, 2013

Future of Telcos and Banking - why business models broken by new mobile payments



Thursday, January 31, 2013

Future of Insurance Industry Speaker - Futurist keynote (playlist)

Friday, March 23, 2012

Euro Crisis: Future of EU, banking and global economy - conference keyno...



Future economic crisis, bankrupt banks, national debt crisis, default on debt, leaving the euro -- big issues facing European Union. Sensitivities in Germany, Spain, Italy, France, Portugal and Ireland. Impact of quantitative easing -- printing money -- in US and UK. Risks of inflation -- lessons from history, Zimbabwe. Governments buying own debt with printed money. Role of European Central Bank in driving economic recovery, and keeping European banks solvent. Future of the Eurozone, and complications from nationalist interests. Future of oil prices -- impact of global demographics. 1 billion children alive today and hundreds of millions moving from rural areas to cities in nations such as China, India and Nigeria. Futurist conference keynote speaker Patrick Dixon - at EEN business school in Salamanca, Spain.

Euro Crisis: Future of EU, banking and global economy - conference keyno...

Euro Crisis: Future of EU, banking and global economy - conference keyno...

Future economic crisis, bankrupt banks, national debt crisis, default on debt, leaving the euro -- big issues facing European Union. Sensitivities in Germany, Spain, Italy, France, Portugal and Ireland. Impact of quantitative easing -- printing money -- in US and UK. Risks of inflation -- lessons from history, Zimbabwe. Governments buying own debt with printed money. Role of European Central Bank in driving economic recovery, and keeping European banks solvent. Future of the Eurozone, and complications from nationalist interests. Future of oil prices -- impact of global demographics. 1 billion children alive today and hundreds of millions moving from rural areas to cities in nations such as China, India and Nigeria. Futurist conference keynote speaker Patrick Dixon - at EEN business school in Salamanca, Spain.

Tuesday, November 15, 2011

Euro crisis and Revolution - risks to your business, family and wider wo...



Euro collapse, government debt defaults, risks in Greece, Italy, Spain, Portugal, Ireland. Risks to Eurozone, action by European Central Bank (ECB). Risk to Europe and government instability, protests, riots, civil disorder, fall of government, tension between nations, revolution, war. European Union was created out of the ashes of two World Wars with a big aim to help ensure peace. Video keynote conference presentation by Futurist Patrick Dixon