Business

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Business Politics

The Greek Debacle

Jacob Wolinsky has some rather interesting remarks to the Greek debacle: https://www.valuewalk.com/2012/03/sarkozy-problem-solved-or-germany-to-sarkozy-its-not-over/ I myself have been trying to make heads and tails of what has actually passed – and these speculations need more or less constant revision as new information […]

hslergr1 / Pixabay
Business

Credit Default Swaps (CDS) and Greece

There was some major speculation about the Collective Action Clauses in Greek sovereign bonds – or rather the lack thereof. Reference: FTD The above reference to a German newspaper has some graphs that are informative. One should start noting, that […]

MaoNo / Pixabay
Business

The End Of Cheap China

TRAVEL by ferry from Hong Kong to Shenzhen, in one of the regions that makes China the workshop of the world, and an enormous billboard greets you: “Time is Money, Efficiency is Life”. China is the world’s largest manufacturing power. […]