Friday, March 31, 2017

Credit card is like a time machine - it shifts future incoming cash flows to the present [COMPACTIDEA]

Your money is coming on the 15th. Today is 2nd. You need it today. Solution? A credit card. It shifts future cash flows to the present. Like a time machine. As a bonus, it gives you discounts and/or redeemable reward points, plus an interest-free credit period. What's not to like here [if you stay disciplined]?

Wednesday, March 29, 2017

Explaining in four words, the US/UK ban on carrying electronics in aircraft originating from certain countries [COMPACTIDEA]

Emirates. Qatar. Etihad. Turkish.

Those four words explain it all. For this clearly protectionist move, national security is the convenient and unchallengeable excuse, as usual. Evidence, if any, is classified, as usual.