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Financial Control
Read more: Financial ControlThe term financial control generally evokes a weaker party being controlled by a stronger one. This might be in a relationship where one partner controls the finances and all financial decisions despite the other one wanting to be involved. There’s also the instance of control where it overlaps with elder abuse. Here a stronger party, be it physically or mentally, exerts control over an elderly person because they have designs on the elderly person’s financial resources. While these are the most common and obvious instances of financial control, with the bank of mum and dad wielding more and more power…
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2023 Q4 December Quarter Review
Read more: 2023 Q4 December Quarter ReviewEconomic Overview Q4 was a very positive end to the year, and despite the gloomy outlook many had for 2023 it was a fruitful one for investors who maintained a bias towards growth in their portfolios. Inflation continued to moderate in the US, while economic growth held up, continuing to defy any recession forecasts. Despite energy inflation looming as a worry during Q3, due to production cuts coming from Saudi Arabia and Russia, crude oil prices fell in Q4. Notably, and to the surprise of many, the US hit a record for oil production in November, and is estimated to…
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Lessons From Hitting a Deer at 56km per Hour
Read more: Lessons From Hitting a Deer at 56km per HourIf you’ve ever had the misfortune to encounter wildlife with your car, you’ll know the damage that can occur. Both to the car and the wildlife. Given the speed and the size of a vehicle, often it’s the wildlife who fare the worst, but change the equation and make the vehicle a bike, and the outcome can change considerably for the person. In the early 90’s, Nate Llerandi featured a few times leading the swim leg of the famous Hawaiian Ironman triathlon. Today he’s a husband, father, triathlon coach and anti-doping campaigner residing in Boulder, Colorado in the US. Boulder…
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The Omnipotent Airbnb Risk
Read more: The Omnipotent Airbnb RiskAirbnb started as some quaint fun in 2007. Roommates Brian Chesky and Joe Gebbia had the idea to make some quick cash by inflating an air mattress in their living room and hiring it out as a bed and breakfast. Hence the name Airbnb. Although back in those days it was initially known as air bed and breakfast. Since those early days, the Airbnb, or the short stay concept, has exploded. It’s gone from its initial idea of a host renting a private room and meeting new people, just like a traditional bed and breakfast, to something of a quasi-hotel…
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2022 Q4 December Quarter Review
Read more: 2022 Q4 December Quarter ReviewEconomic Overview Interest rates and inflation were again major themes in Q4, as the US Federal Reserve delivered a hawkish message to round out the year following its December meeting. This capped off a year dominated by inflation. Inflation figures in many developed economies hit the highest levels since the early 80’s. The high figures saw some very aggressive monetary policy in response, but there were signs the hawkish messages and aggressive rate moves may have started to have their intended effect. Inflation appeared to cool in some countries towards the end of 2022, most notably in the US. Financial…
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