MishTalk

MARCH 21, 2014

s 26% in 2000-2005. Work by Nomura’s Chief China Economist indicates that more than half of Local Government Funding Vehicles, which borrow money on behalf of local governments to invest in infrastructure, have insufficient cash flows to pay interest or principal; the exact manifestation of Minsky’s Ponzi finance regime.

Finance 71

Finance Cash Flow Banking Government 71

Harvard Business

NOVEMBER 20, 2017

Instead of formulating detailed, long-term financial plans, executives at Dell now align around a common performance ambition—a cash flow vector consistent with growing the company’s intrinsic value faster than competitors. Webvan was forced to cease operations by 2001. Take Google.

Strategy 72

Strategy Strategy Strategy& Company 72

Harvard Business

OCTOBER 21, 2016

This can disrupt a firm’s ability to operate on schedule and budget. Of the respondents, 72% said that climate change presents risks that could significantly impact their operations, revenue, or expenditures. In 2005, they launched a U.S. ” Improving risk management.

Study 70

Study Productivity Efficiency Operations 70

MishTalk

NOVEMBER 25, 2013

The fact that profits as a share of GDP are more than 70% above their historical norm should immediately raise a question as to whether current year earnings or next year’s projected “forward earnings” should be used as a sufficient statistic for long-term cash flows and equity market valuation without any further reflection.

Cash Flow 62

Cash Flow Trends Policies Marketing 62

MishTalk

JULY 11, 2014

This has been labelled the “second phase of global liquidity”, to differentiate it from the pre-crisis phase, which was largely centred on banks expanding their cross-border operations. This share was higher than during the pre-crisis period from 2005 to mid-2007. Policy responses matter too.

Balance Sheet 70

Balance Sheet Financial Banking Policies 70

MishTalk

APRIL 1, 2015

The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. The fund also includes tax increment financing revenues that flow to projects in designated TIF districts. The Chicago Skyway reserve funds were established in 2005 in the amount of $975 million.

Financial 28

Financial Engineering Finance Government 28