Monthly Archives: September 2011

The problem of constriction

In a previous post I lamented on the information hyperinflation and called for digital noise reduction. Today I would like to point to problem with this approach: By reducing noise you may also narrow your horizon. Source: GannetLocal Digital techniques … Continue reading

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The end of the world as we know it

The Greeks are about to go bust; the international financial system about to go broke, a number of banks, and eventually some additional states, too. Too gloomy? We are about to see a number of very unorthodox arrangements to try … Continue reading

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Lazy Greeks are best export promotores of Germany

The Euro is weak because the Greeks (amongst others such as the Italians, Spanish, Irish and other lazy bastards) spend their days doing nothing, sleaze and waste of public money. The weak Euro is a boon for the German exporters. Ergo, are … Continue reading

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Villiger & Grübel: Go

With a risk management in place that deserves its name the 2 billion trading loss would not have occurred. It did. After a near collapse of the bank because these systems were crucially missing, the new leadership obviously did not do … Continue reading

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Right wing party responsible for EU adhesion

By undercutting the Swiss Central Bank the right wing party SVP actually expedites the Swiss adhesion to the EU. Read more in German.

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9/11 – ten years on

In Memoriam

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Swiss banks are unconvincible

Swiss bankers apparently are unable to learn: For three years the Credit Suisse says it has a zero tolerance policy towards tax evasion, and yet the business took place on large scale. Why exactly did senior management not intervene earlier? … Continue reading

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Digital noise reduction

“Why Google+ rocks”. Aha. That assertion was brought to me multiple times on consecutive days. Here’s a recent screenshot of my Google+ stream: Same message, twice (additional duplicates omitted to save space). The early praise was all about Google changing … Continue reading

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Short note – big impact

Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro A short note and the long decline of the Swiss Franc came to a brisk close. Source: ZKB.ch We may guestimate the consequences.

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