UK bank boss David Duffy was thousands of miles from Virgin Money’s Newcastle headquarters when he realised the urgent need to amp up its fraud prevention.
Thesis is one of secular change - extraordinary multi-decade Bubble period transitioning (in a highly destabilizing manner) to most uncertain New Cycle. Historical perspective is crucial.
New York Times writers Michael Schwirtz, Marc Santora and Michael Levenson reported on the front page of today's paper that, "Russia’s nearly three-month-old invasion of neighboring Ukraine has been punctuated by flawed planning, poor intelligence, barbarity and wanton destruction. But obscured in the daily fighting is the geographic reality that Russia has made gains on the ground."
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