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May 9, 2025

Author: Burnham Banks

Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.
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Efficiency X Robustness and Other Tradeoffs

Wednesday, 11 December 2024 | 7:42 am by Burnham Banks
Efficiency X Robustness Focus X Diversification Autocracy V Democracy
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The Longevity Imperative

Thursday, 10 October 2024 | 1:20 pm by Burnham Banks
The Longevity Imperative • Lifespans are increasing.• Healthspans and workspans are not keeping up. Implications: o Impact on personal finances. Will our personal savings and defined contribution pensions be sufficient for our extended lives beyond work and contingencies?o Impact on public finances. What will happen to the solvency of public pensions and what will it
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China Reflation Policy 2024

Friday, 04 October 2024 | 4:29 pm by Burnham Banks
27 Sep 2024. The PBOC cut the RRR and repo which will impact the MLF and mortgage rates. They will also offer a swap facility to brokers and mutual funds. Its managed to lift equity markets as sentiment improved. Will it materially impact the economy? I don’t think so. I don’t think people are in
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Three Big Themes, Investable or Not.

Friday, 04 October 2024 | 10:29 am by Burnham Banks
The Climate Crisis. What we can do: The Longevity Imperative. What we can do: The Fiscal Challenge. What we can do:
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Fiction. Free Energy. Expropriation risk. Governance.

Wednesday, 22 May 2024 | 10:50 am by Burnham Banks
Once upon a time, there was a Thai philanthropist who funded a program in Africa which paid for the education of the poor. One of the beneficiaries of this funding program, a young physicist barely out of their teens, discovers a new physics, a new way of characterising, describing and understanding reality. From this new
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Ten Seconds Into The Future

“Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.”

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