If you want to understand modern business, in particular EV, new energy and tech companies, you had better understand what a SPAC is. The world of finance used to be relatively simple. There were just three kinds of ownership structures: Sole proprietors One person running a company Partnerships Small group Read more…
Like millions of people, thousands of companies and dozens of countries, staff at our sister site URTech.ca are closely following Googles’ Antitrust case. There is much talk about how this process will take years to play out and how Google may or may not be broken up as a result. Read more…
In this short clip from cnn.com/gps Fareed Zakaria explains that recent polls indicate a massively uneven split between the Democratic and Republican Parties mail in ballots. This could easily lead to excessively partisan State Governors changing the laws to effectively invalidate election results and unilaterally support sitting President Trump. Read more…
Are black Americans really that different from other minorities? Yes, they are. In this short clip Fareed Zakaria explains the how a history of white supremacy and domination of those forced to come to the United States has shaped last 300 years of black development. The piece finishes with a Read more…
The American system of government relies on those in Congress, the President, the Courts, the military and the media to take often difficult principled stands. When people are elected or appointed to positions of power they know this to be true and expect to make difficult decisions, so why do Read more…
Headlines like Yes, oil is dead. Just read the writing on the wall. , The coronavirus pandemic may have one silver lining: the potential collapse of big oil. and Green Party declares that “oil is dead” are not only misleading and inaccurate, but also dangerous. Unfortunately, these types of Read more…
What is Wealthsimple? What is a roboadvisor? What is an ETF? Why Mutual Funds are a bad investment option? How can I setup an account? These questions and many more are explained in this video: What is Wealthsimple? Wealthsimple is a roboadvisor. Their slogan is “investing on auto pilot” and Read more…
Few people can envision a world with a greater economic shutdown than what we have seen in the COVID-19 Pandemic. The bright side of this unprecedented collapse is the world has seen skies over industrialized cities cleaned up to a degree many thought impossible. It is an undeniable fact that Read more…
In this short edited interview from BNN Bloomberg Technology show, Huawei’s US chief of security explains that blocking US companies from selling billions of dollars in hardware to China’s Huawei, will only force them buy parts elsewhere. This blockage will slow down Huawei but will not stop them. It will, Read more…
I recently had the opportunity to watch “Michael Moore Presents Planet of the Humans” and while I expected it was going to be about how the math of some forms of “green” energy just doesn’t add up environmentally, it turned out to be something completely different. https://www.youtube.com/watch?v=Zk11vI-7czE Where is the Read more…
As someone that works in Alberta’s oil and gas exploration industry that was just notified his company is pulling out of Canada before the end of 2020, I can understand how government bailouts and price controls are initially appealing to many. However, both price controls and bailouts significantly distort markets, Read more…
Shale oil has been driven by investors with few places to put their money deciding that oil US and Canadian oil plays MIGHT work out. The fracking revolution (a.k.a the Shale Revolution) never made financial sense and investors started fleeing the business in 2019. By 2020 once booming areas like Read more…
Those of us in the West have been using ecommerce sites lite Amazon and eBay since the dawn of the internet in the mid-1990’s, but as is often the case those who start second learn from others mistakes and are even more successful. Today every chain retailer has an ecommerce Read more…
We have seen gasoline prices plummet to as low as USD$1.29/gallon in the United States and CDN$0.58/liter in Canada. We knew that: the United States became the worlds largest producer of oil a few years ago thanks largely to the fracking revolution, and Russia and Saudi Arabia were quickly expanding Read more…