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Kenya's Dadaab refugee camp (population: 300,000) is the last place you'd think to look for Web-savvy workers. But a growing number of camp dwellers are finding jobs in the digital economy thanks to Samasource, a San Francisco-based social enterprise.
The bulls are having a blast. But Morgan Stanley feels that all the indicators are pointing towards overly bullish sentiment levels that have historically been followed by sell-offs.
China is in the midst of “the greatest bubble in history,” says James Rickards. He should know. He was the general counsel of hedge fund Long-Term Capital Management LP which blew up spectacularly in 1998. The Chinese central bank’s balance sheet resembles that of a hedge fund buying dollars and short-selling the yuan, says Rickards.
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