Savings aren’t bad, but they can be invested poorly. Take China. Its government is using its citizens‘ savings to lend to the largest bankrupt nation in the world. That’s not too smart.
Quelle: Savings Are Bad, Mmkay
Samstag, 3. September 2011
Savings aren’t bad, but they can be invested poorly. Take China. Its government is using its citizens‘ savings to lend to the largest bankrupt nation in the world. That’s not too smart.
Quelle: Savings Are Bad, Mmkay
Sonntag, 24. Juli 2011
Jeder Glücksspieler würde von einem solchen Gewinnverhältnis nur träumen:
Osama bin Laden and his henchmen probably spent the pittance of just $500,000 on organising the September 2001 attacks, which killed 3,000 people and directly cost the US economy an estimated $50bn to $100bn. In 2003, President George W Bush proclaimed that the Iraq war would cost $50bn to $60bn. Governments that go to war invariably underestimate the cost – but rarely on such an epic scale.
Tags: Afghanistan, Krieg, Pakistan, Terror
Labels: USA
Sonntag, 24. Juli 2011
That’s the trouble with the kick-the-can-down-the-road approach to debt. You end up down the road; and there’s the can!
Quelle: Debt Is a Bummer
Tags: EU, Griechenland, Schuldenkrise, Zitat
Labels: USA, Wirtschaft
Sonntag, 24. Juli 2011
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Quelle: Quote: “I could end the deficit in 5 minutes. Y… – (37signals)
Von all den komischen Ideen, die derzeit herumgeistern, um die Schuldenkrisen landauf, landab zu bändigen, ist dies noch eine der besten …
Tags: Schuldenkrise, Zitat
Labels: USA
Montag, 20. Juni 2011
Der Präsident sei auf Hawaii geboren worden, sagte Brown, „oder, wie die Tea-Party-Anhänger es nennen, Kenia“.
Quelle: Unliebsame Witze: Republikaner drehen Komiker das Mikro ab – SPIEGEL ONLINE – Nachrichten – Politik
Sonntag, 19. Juni 2011
As we alluded to above, politicians and civil servants love to get in on the action too. In the US, this took the form of making the ‘American Dream’ an American reality. What they got was a nightmare. Massive mortgage companies were set up and backed by the government to create artificial demand for mortgages. Banks were required to lend to sub-prime borrowers by legislation. Central banks kept interest rates low. And homebuilders had a field day.
Quelle: The Baby Boom Bust Cycle
Tags: Finanzkrise
Labels: USA, Wirtschaft
Freitag, 17. Juni 2011
[Greece:] Unemployment is around 20%. People dodge taxes. Government workers don’t show up for work. Households spend too much. And the government is going into debt so deeply and so rapidly it can’t possibly get out.
Hey… It’s just like the US!
Quelle: The Likelihood of a US Default
Tags: Griechenland
Labels: USA, Wirtschaft
Montag, 13. Juni 2011
Ende März durfte ich meine kalifornische Freundin zum ersten Mal in der Schweiz willkommen heissen. Obwohl sie das Land bereits im August 2010 kurz besucht hatte (via Luzern nach Engelberg zu einer Übernachtung auf dem Titlis), kam sie im März 2011 zum ersten Mal mit der „richtigen“ Schweiz in Kontakt — so wie wir Schweizer sie tagtäglich erleben.
Nachfolgend einige Anekdoten:
Tags: Auto, Tourismus, Verkehr, Zürich
Labels: Funny, Schweiz, USA
Donnerstag, 9. Juni 2011
… military retirees are the worst. They pretend that if it weren’t for them our wives would all be speaking Vietnamese.
But what’s so bad about speaking Vietnamese?
Donnerstag, 2. Juni 2011
Despite the GOP’s reputation as the party of the rich, House Republicans fared worse than their Democratic colleagues when it comes to investing, according to the study. The Democratic subsample of lawmakers beat the market by 73 basis points per month, or 9 percent annually, versus 18 basis points per month, or 2 percent annually, for the Republican sample.
Quelle: House members in the know score \’abnormal\‘ stock profits, study says – Washington Times
Labels: Politik, USA, Wirtschaft