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In a quite moment in Norway over Christmas I read this article by one Jorge Heine re

The World in 2025

where the author leaned heavily on the recent National Intelligence Council Report

Global Trends 2025: A Transformed World

I was moved (wine had something to do with it) to write to the Gleaner that I thought Heine, like the NIC, is missing the biggest trend of all, to wit, the direct connections of the Internet.

I forgot all about the LTE until someone from Jamaica approached me out of the blue on Facebook.

When I googled appropriately I found....

Jamaica Gleaner News - The world in 2025 - Letters - Tuesday | December 30, 2008

The Editor, Sir:

I read with interest Jorge Heine's article of December 21 and would like to raise a couple of points in response.

Heine entirely ignores what is probably the most important trend in the past 200 years. This is the direct "peer-to-peer" connection and accelerated in recent times by the pervasive spread of the Internet and related communications.

This connection is already making conventional transaction-based business models obsolete and leading to a move to service provision instead.

The music industry - in which Jamaica is a fine participant - was where this process began.

Where music leads, so will finance follow, particularly in nations without the barriers to entry of First World nations, and huge legacy investment in obsolete infrastructure and business. In Kenya, for instance, we currently see mobile payment subscribers being added at a rate of 15,000 per week.

Jamaica is well placed - with a little lateral thinking - to leap past the moribund global financial system to new, networked and 'peer-to-peer' forms of credit and investment using legal frameworks which are neither public, state nor corporate, but a new alternative based upon partnership law.

My advice to Jamaica is: do some lateral thinking and ignore conventional solutions.

I am, etc.,



"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Fri Jan 9th, 2009 at 12:50:08 PM EST
you and Solveig laughing from here (; as you get into the 120 page (LOL) document by the "National Intelligence" Council,  :D)  read the preamble and go into the "acknowledgements", (ROFL) where every proper name makes the taxpayer-cost machine go ´kayching´.  

I admit I had a nice Ribera del Duero wine with lunch, but I´d need to get comatose to get past page 6, even if page 2 is ´intentionally left blank´.

I can appreciate your LTE because Jorge Haine seems thoughtful, but must be bored out of his gourd, to find something mentionable in another usg oxymoron-boondoggle.  

Save Jamaica!

Our knowledge has surpassed our wisdom. -Charu Saxena.

by metavision on Fri Jan 9th, 2009 at 03:18:46 PM EST
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