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Category Archives: PracticalEconomics
Christmas Galore – Will there be a Bonus or not (i.e. the Euro is finished)
Given the fact that banks value nearly halved in the last six months some not-so-golden-anymore boys start wondering how they are going to buy Christmas presents with no bonus in sight and probably worse things (i.e. job loss) to come. … Continue reading
Posted in Banks, Politics, PracticalEconomics
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The Big Reset
A somber mood hung over the G-20 summit in Cannes. Greece, the problem child dominated the headlines. Beyond the bold print a gloomier picture emerges. The economies around the world are in doldrums. Western economies pile up debt quicker than … Continue reading
Posted in Banks, Politics, PracticalEconomics
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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
Posted in Banks, Politics, PracticalEconomics
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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
Posted in Politics, PracticalEconomics
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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.
Posted in Politics, PracticalEconomics
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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.
Posted in Banks, PracticalEconomics
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Information Hyperinflation
The Economist recently published this chart. Source: Economist, 2011 That reminded me strongly about a chart depicting the hyperinflation in the Weimar Republic in the 20ties of the last century. Shortly before converting the currency it was in the million … Continue reading
Posted in Banks, PracticalEconomics
1 Comment
Message to Greece: fix your mess
Sitting in the plane at ZRH airport delayed by an hour because of Greek air traffic controllers. Guys seriously, we love you, support you, do economic development for you – ie. come for holidays to you. We don’t expect the … Continue reading
Posted in PracticalEconomics
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Moore’s law in reverse
Today a technology startup is almost by definition lean. This is a direct consequence of Moore’s law – doubling of the computing power every 24 months. Just before the turn of the millennium, we – the Memonic founding team – … Continue reading
Posted in Internet, Memonic, PracticalEconomics
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Only praying may help (may be not)
Sorry, this entry is only available in Deutsch.
Posted in Politics, PracticalEconomics
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