While Fred Goodwin seems to be the focus of many today with the stripping of his knighthood, it is very easy to single out somebody to blame for the mess we are in today, but a quick look at reality and he just happened to be CEO of a bank at a time when whoever…Details
So it’s become a bit of a tradition for me now. Every New Years Day I pull out the financial charts and make some forecasts. (What a geek I know, it has been since my days trading for an investment bank). So in true New Years tradition this morning I pulled out the charts to…Details
Presenting at the Bitcoin conference 2011 Simon Dixon shares how to disrupt banking and why banking is so indisputable.
There are three industries that need disrupting the most and none of them are disrupted because of three rules and flaws in modern banking.
Simon Dixon shares why at the European Bitcoin conference 2011.Simon Dixon
OK, while the documentary ‘the secret’ has some value, positive thinking alone will get you in a bit of trouble right now. I prefer – expect the best, but prepare for the worst and take massive action, don’t try and rely on the universe fixing everything for you right now. Just in case you have…Details
Just got back from presenting at a European Banking Reform Conference in Prague and woke up to some interesting headlines… In my YouTube video ‘The Great Depression of 2013‘, I said that following the forecasted credit rating downgrades and further quantitative easing comes change in regulations to patch up the broken ponzi scheme we call…Details
So after getting an invite to present to the Occupy London people, I enjoyed presenting so much, I wanted to get the recording to you. So here it is. I get a little carried away when talking about banking reform, so you may see a side of me you have not seen before. But I…Details
When I told the world years ago that banking was unsustainable and due a collapse because of banks ability to create money, I was often called a conspiracy theorist. When I told economists that their theories are built upon a misunderstanding of money, I was outcasted by academics. When I told students that most will…Details
So since posting â€˜The Great Depression of 2013â€™ video on YouTube, we have had credit rating downgrades of Greece, the US, Italy and now Spain. In the video I was forecasting the path to banking reform and the first step was less willingness to lend to governments. This is reflected in a credit rating downgrade.…Details
Last week I wrote a blog during the Occupy Wall Street campaign about a YouTube video posted on a channel called TheAnnonMessage in which a computer-generated voice tells viewers that “on October 10, NYSE shall be erased from the Internet” in an operation dubbed ‘Invade Wall Street’. To update you, a statement was later posted…Details
Obviously, many of you will be aware of the Occupy Wall Street protest by now. There are protests outside Wall Street that are growing in numbers and further than just Wall Street now, with plans to do the same in other financial districts. To keep up with what’s happening, I recommend you follow #OccupyWallStreet on…Details
OK, so protests are an emotional time. This one made my blood boil when I saw the video at the end of this post, but just before you watch it… …Obviously there is a lot of anger behind those who protest outside Wall Street in the Occupy Wall Street protests, and for good reasons too.…Details
I did a whole chapter on how money will evolve into social media platforms in the future. Thought I would share this interesting take with you here as it features a few of my friends… Facebook ad revenue is growing fast, but its currency system, called “Credits,” is growing even faster. Facebook will collect revenue…Details
So with the US credit rating downgrades, and speculation of more quantitative easing in the US and UK, I thought I would share my forecasts… Here it is, as I see it… 1. The US credit rating downgrade is the first step towards a public opinion that people are not as willing to lend to…Details
The people think that Online Curries is more important than BankingReform. If you disagree, I need your vote here today, as the contest is about to end: http://vote.thedrum.co.uk/ Many have asked me about my new venture Bank To The Future, our mission is to create a social bank that operates of full reserves to create…Details
So the ICB report is out and we can now say for sure that the Positive Money submission for real banking reform was not actioned in any way. It is clear to me from the final report that it is really a game of trying to please banks and submit to their threats of crashing…Details
It may not look like it in the video, but when I heard a respected politician, Sven Giegold in the European Parliament say this, I almost fell over… We had a full discussion about banking reform and I brought up the question about banks ability to leverage their balance sheet (Eg. Create money out of…Details
The way I see it, there are three ways to get Banking Reform to happen faster, before the inevitable crash:
1. Education (This is why I make banking reform anÂ integralÂ part of my training company, Benedix, that is the world largest training company for students seeking careers in banking). We need a next generation of Bankers aware of what they are doing.
2. Politics (This is why I support Positive Money) TheÂ changeÂ we need in Banking can only be done at the government level. They are the ones that need to decide who has the ability to create money.
3. Business (This is why I founded BankToTheFuture.com) We need an alternative to Banking and I have been busy getting ready to launch a place where people can lend, loan, invest, raise funds and network bypassing the traditional banking system.
Having signed the contract with my publisher to write my latest book on the future of banking and the launch of my alternative non-bank ‘BankToTheFuture.com‘ Â around the corner, I have been on a bit of meeting frenzy.
So after all this talk about Facebook and Google becoming banks, I got inspired to call a meeting with Thomas Power himself and a team of experts…Simon Dixon Details
Just wanted to post an update responding to what the Banks said about the Independent Commission on Banking (ICB) submission.
First off, it may sound like I am defending the ICB, but donâ€™t get me wrong. The ICB submission is focussing on the wrong things, I am not a fan,Simon Dixon Details
You just have to sit through the 2 adverts in the beginning then goes straight into the interview –Simon Dixon