With a lot of people going on about "GREEN SHOTS" and a recovery in the financial industry, please read the following article by Karl Denninger which pretty much sums up the situation.If you can't be bothered to read it, please just take this advice - exit the stock market you're in, NOW. There's no point…Read more Required reading, and some other stuff
economics
If you read anything today…
...read this, required reading for anyone interested in a) the economical collapse, b) their own strategies for the future and c) getting themselves fired up with righteous anger a little bit. Read Karl Denningers ticker from yesterday here.Hedge your positions, plan for the future. Be safe.
Down, down, down….
Buy and hold, the callsign for generations of investors who couldn't be bothered with the day-to-day trade of stocks, futures, bonds etc, is definitely not the thing anymore.Everyone, from Warren Buffett to my mother, is saying that this recession is going to last, last and last some more. This is what the ones I believe…Read more Down, down, down….
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
The end of the world as we know it?
So, today should be the day when it all goes to hell. The end of the capitalist world as we've come to know and love (or hate) for the past decades.Nikkei is down, Finland is down, Hong Kong is down 12%.. and as it is not only the stock markets that are in trouble, it's…Read more The end of the world as we know it?
Argh…
... Too much to do, too little time. Sorry I haven't been updating this as I promised... I'll get back with the top-5 "How to create a successful tv format" any day now :)In the meanwhile, why don't you check this out - it's the truth, I tell you! - and visit the pages of…Read more Argh…
3G iPhone , Geni, tv pilots and more…
... how to keep up? :)Firstly, great news from Apple. The new and improved 3G iPhone is on its way, in an 8 Gb and an 16 Gb version. Moreover, we'll be looking at funky packages on offer by the operators - O2 in the UK, for instance, has some fairly attractive offers lined up.…Read more 3G iPhone , Geni, tv pilots and more…
