iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Predicitive Software Warns of Financial Meltdown

“Call it the financial meltdown forecaster. The team of economists who last year demonstrated that a small number of companies wield disproportional power over the global economy has now produced a simple visual tool that can monitor financial stability in real-time.

Like a weather forecast, DebtRank could monitor global financial activity for telltale signs of impending disaster. Its designers say it could anticipate and so help prevent global economic crises like the events of 2008, from which the world is still reeling.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter