Friday morning news drop
B.C. expected to outperform other provinces in economic rebound The pandemic lockdown severely restricted a growing economy in 2020, but that’s all set to change this year as the majority of Canadians begin to access COVID-19 vaccines. (Douglas)
Building confidence and trust The path ahead for privacy and data regulations in Canada. Canadian governments are working on legislation with the goal of balancing data privacy and protection without sacrificing innovation. (RBC)
Inflation Isn’t Happening, and It Likely Won’t. Here Are 7 Charts Showing This. Inflation may be on many investors’ minds, but it has yet to show up in the numbers. Moreover, a close reading of the data suggests that inflation won’t be a problem for some time, if ever. (Barron’s)
Companies That Rode Pandemic Boom Get a Reality Check While the pandemic battered the economy, tech companies and consumer companies powered by digital technology stood out as islands of growth. But with coronavirus cases and deaths falling, more than two million Americans a day getting vaccinations and the overall economic outlook improving, investors are starting to turn elsewhere. (New York Times)
Bitcoin As A Meme And A Future: Most people who ask the Bitcoin Question admit that they weren’t imagining any particular use for the currency. They don’t predict that the banking system is going to collapse, leaving only Bitcoin. Nor do they really think that the value of the U.S. dollar will crash so radically and permanently that Bitcoin becomes a more stable asset. But still, they ask, butstill? (Noema)
How Lucky Are You? The highly unlikely happens surprisingly often. Nassim Taleb wrote “We tend to underestimate the role of luck in life in general (and) overestimate it in games of chance.” A special basketball randomness edition in honor of March Madness (Better Letter)
Inside ‘The Firm’: How The Royal Family’s $28 Billion Money Machine Really Works “I don’t know how they could expect that after all of this time, we would still just be silent if there is an active role that The Firm is playing in perpetuating falsehoods about us.” The Firm—also known as “Monarchy PLC”—are the public faces of a $28 billion empire that pumps hundreds of millions of pounds into the United Kingdom’s economy every year. Here’s how it affects their 1,000-year-old business. (Forbes)
Jeff Grosso, the regular man’s skateboarding legend For decades, Jeff Grosso lived and breathed skateboarding, spreading his passion for the sport in person and in his digital series with Grosso’s YouTube series is “Loveletters to Skateboarding” His friends and family recall his passion, his character and what made him a skateboarding legend. Because style matters more than anything.
Finding Unrideable Lines with Chris Akrigg | The Old World Behind the Scenes Trial bike legend Chris Akrigg is a man of an exquisite taste when it comes to bikes and ways of using these beautiful machines. Same could be said for the Tillmann Brothers when it comes to filming bikers & choosing places to film them. Therefore it is not hard to imagine that joining forces & travelling to Scotland resulted in an absolute banger of a segment in The Old World Movie.