Some stuff about the global economic crisis

Today, Monday, Geithner of the US Treasury will put forth the "rescue plan" that will "save the US economy". Problem is, there really is no way to save the economy - not as such an economy as it has been for the past 20 years at least.This housing based credit bubble has been the largest…Read more Some stuff about the global economic crisis

G-20 accomplishes…. not very much

So, this weekend saw the leaders of the "free" world get together for some nice snacks, a great dinner and some fabulous wine to go with all that.At the same time the world was eagerly anticipating news from said gettogether, news that would right the wrongs of todays financial market, news that would point towards…Read more G-20 accomplishes…. not very much

Credit crunch biting the entertainment industry as well

I saw an interview by C21 Media from MIPCOM, which took place in Cannes in October (it's a large television industry fair, basically) where people were sitting saying that "in dire times people turn to television, as it's a lot of entertainment for little money". So everything should be looking nice and rosy for the…Read more Credit crunch biting the entertainment industry as well