№ 673. Space Invaders

 

Space Invaders - Ravenna, Italy

Space Invaders - Perth, Australia

№ 635. Inflation

Hedgeye

 

What Is Inflation?

Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time. The rise in prices, which is often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods. Inflation can be contrasted with deflation, which occurs when the purchasing power of money increases and prices decline. 

 

Statista

№ 544. Witness

 

№ 256. Urbi et Orbi 2

Geopolitics

"Trump becoming president of the United States is no laughing matter. It is the height of irresponsibility for the people of a country that insists on leading the world to even consider foisting on it a dangerous, trigger-happy gasbag whose every pronouncement so far fails to pass the test of seriousness and maturity. If conservative Americans still have not taken leave of their senses, they should rouse themselves from this nightmare and fire Trump for his fundamental unfitness to be Potus."

№ 242. Manila, a Final Frontier

From the 1500s to the 1800s, the Philippines had been a frontier at the western edge of the Spanish Empire.

Because we were so far away from the throne --- two oceans away to be sure--- we were governed remotely and indirectly through the viceroy in Mexico. 

Global Map

Mexico, almost midpoint from Spain, was an accessible foothold to the New Worlds because it sits in the middle of the two maritime expanses of the Pacific and Atlantic. More importantly, it's geography was strategic. It served as a land bridge that facilitated the transshipment of people, information, culture and goods between the two oceans (Panama Canal was completed only in the early 20th century). Mexico's relative proximity to the Philippines not only cut down administrative challenges to the overextended Iberian royal power. It also trimmed down the time and costs of projecting the delegated power to the subjects in the Asian colony.

№ 140. Walk, Run, Jump and Skip

Walk This World from Big Picture Press on Vimeo.