News: Small is Beautiful, Scapegoat? Atlas Mara

News for today:

Why small is the new big thing in housing by the BBC. This reminded me of the book Small is beautiful by E. F. Schumacher on sustainable development. Projects by firms like Pocket Living who have been crowd funding in the UK could be interesting in the next decade.

The other is of British Trader being arrested. His firm Nav Sarao Futures caused a flash crash in 2010 and making $40 mio whilst causing the Dow Jones Industrial Average to crash by 1000 points at one point reported in City AM. As reported by Zero Hedge can 1 person really crash the whole market or is he being used as a scapegoat? There are lots of algos and HFT out there, can 1 person be held responsible? Does QE by the central banks really help the economy? These are interesting questions and we will see what kind of regulations will be coming in the future.

Lastly there has been reports of issues with Atlas Mara failing to disclose information by Afkinsider. Investment into Africa is a hot topic and regulations on tax havens like British Virgin Islands could become more interesting in the near future.