TLOB: Chapter 3.1

Chapter 3: Fight Club (1) Episode 3: Fight Club (1) "You're crazy! Most of us do come to the club in neat clothes and ties straight from work, but no one comes here with luggage bags, straight from London." Theo, my close friend, the one who first introduced me to the club, snapped. "I have …

TLOB: Chapter 2.3

Episode 2: Zero point Two Percent of Population on Earth (3) "That's what happened in that small town. Well, that's what's happening in the world today. Exactly the same. The world crisis due to housing credit. The problem is, in the real world, the accumulated value of money hundreds of years since it was discovered, …

TLOB: Chapter 2.2

Episode 2: Zero point Two Percent of Population on Earth (2) “The bank then lends the money to a fourth person, the fisherman. The fisherman spends it to buy the newest boat from a fifth person, the boat builder. The fifth person takes the hundred dollar bill to the bank, saves it. And so the …

TLOB: Chapter 2.1

Episode 2: Zero point Two Percent of Population on Earth (1) The large plane sped away from London. Now we were a stone’s throw over Myanmar’s aviation area. This non-stop flight was to Singapore.  I chuckled.  “What was your question earlier? You must be kidding. I’m a professional financial consultant, I don’t care about poverty. …

TLOB: Chapter 1.3

Episode 1: World Crisis (3) Boom!  I tapped the microphone with my finger—making the audience startle slightly.  “Everything exploded, the economy of the world crumbled, the global economic crisis broke out, in an instant it spread to everywhere. The New York Stock Exchange collapsed, cutting the world capitalization billions of dollars, followed by London, Frankfurt, …

TLOB: Episode 1.2

Episode 1: World Crisis (2) I didn’t really like talking in front of hundreds of people, none of which I knew. Being in the midst of experts, academics, economics nobel prize winners, bureaucrats, or all the flashiness with mentioning each other's background, from business cards to the moderator introducing them himself, actually made me sick. …

TLOB: Episode 1.1

Episode 1: World Crisis (1) The large airplane that I was in was leaving London. This would be a nonstop flight to Singapore. The girl with a ponytail and a touchscreen gadget in her hand with some questions in it smiled nervously while sitting on the good leather seat next to me. I was not …