Tagged With trump speech

In a speech yesterday full of half-truths, demi-truths and, of course, alternative facts, US President Trump doubled down on his campaign promise to reinvigorate America's long-ailing coal and steel industries, promising that under his administration "dying industries will come roaring back to life". Sure. Meanwhile, in a move that more closely reflects market reality, China announced it is cutting 500,000 coal and steel jobs as it begins shifting its economy away from heavy manufacturing.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

In a speech yesterday full of half-truths, demi-truths and, of course, alternative facts, US President Trump doubled down on his campaign promise to reinvigorate America's long-ailing coal and steel industries, promising that under his administration "dying industries will come roaring back to life". Sure. Meanwhile, in a move that more closely reflects market reality, China announced it is cutting 500,000 coal and steel jobs as it begins shifting its economy away from heavy manufacturing.