Showing posts with label calculated risk. Show all posts
Showing posts with label calculated risk. Show all posts

Monday, February 09, 2009

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 credit bubble ever. The crash in the economy will therefore be, and actually IS already, the largest crash ever. To try to prop it all up with hundreds of billions of US taxpayer money is just plain silly.

The reason I'm interested - and you too should be interested - is that the theory of decoupling (the theory that it doesn't matter what happens in the US, the rest of the world will continue to trade with each other or internally and will not be affected) has been proven utterly wrong. Everything is connected, and the better I, and YOU, know the real deal, the better we can prepare for what will come.

Here are some links to my favourite pages to keep track of what's happening. Have a look, have a loooong good read, and make your choice.

Ticker Forum, Mish's Pages, The Big Picture, Calculated Risk.

Tuesday, June 10, 2008

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. Goddamit, why did I go and buy a Nokia N95? Well, have to make do I guess.

Stumbled upon the nice little family tree / genealogy website called Geni, a handy tool for anyone who wants to get their family tree up and running. Fairly intuitive, easily managed, the possibility to go into great detail if necessary - it's all there. I like the "never shared, never spammed" motto they have on their opening page - on the other hand I am still a bit careful not to submit other peoples e-mail addresses, not even relatives. Facebook is sucky enough today, I don't need something else spamming everyone I care about.

I did promise to keep you up to date regarding the tv pilot we shot last week. It's now being edited and it's going to be really great! It's a football quiz show called Game On, and I'll give you all a link to a trailer for the format as soon as it's edited. Good feeling though, I believe that format can go places.

On another note, still slightly similar, I'll be heading off to Austria for the European Championships in football next Sunday. I'll watch Poland-Croatia and Russia-Sweden, so hopefully some great goals and a magical atmosphere, pretty please. Spain to win the tournament! Yes! Torres the scorer in the final. Double Yes!

I'm off to bed now. Last links though - if you want to understand what's going on in the world of economics, why the world is in a pretty shitty state at the moment in the economical sense and why it all is the fault of president Bush, look no further than the Calculated Risk blog or the insightful discussion on the Market Ticker Forum. You see, the world is changing, and not for the better, not with regards to economics. I will not mind the day when everything has to change because there is no more oil, but I believe some other people will mind. Just beware, and prepare, ok?

Until later.