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It is indeed an old adage that while goods things are to be preferred over bad things it is possible to get too much of the former. Looking at recent comments from the governor of the Reserve Bank of Australia it is not difficult to imagine how these, albeit... Continue Reading
Submitted ByTim Price
“Alternative 1: on average there is more than one ownership claim on each gold bar conforming to London Good Delivery.. Essentially, the market operates on a fractional reserve basis.. If it is true, the next phase in the gold bull...
Submitted ByClaus Vistesen
(click on pictures for better viewing)
It is indeed an old adage that while goods things are to be preferred over bad things it is possible to get too much of the former. Looking at recent comments from the governor of the Reserve Bank of Australia it is not difficult to imagine how these, albeit...
Submitted ByClaus Vistesen
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Last week, we learned that industrial production rose yet again in Japan clocking in at 1.4% month-on-month in September after having increased by 1.6% in August.
Companies said they planned to increase production in October and November as well, indicating...
Submitted ByAlbaniaProperties
The Albania Property Market is expected to boost and further benefit from the newly planned 1.2 Billion Euro, Ship Container Port in Vlora which was given the green light by the Albanian Government on September 2009.
The company, Zumax AG, is granted the concession the built and operate the...
Submitted ByTim Price
“Cheaper toys ‘are Christmas hits’ ” - BBC News website, 28 October 2009. Stop all the clocks, wrote W.H. Auden once, and he had the right idea. One of the irritations of modern western society is an always-on consumption culture...
Submitted ByClaus Vistesen
As a puny yet honest attempt to show you that I actually read other things than plain economics I thought that I would share this piece with you on declining nomadism amongst Americans; it is written for Newsweek by author Joel Kotkin. I am not quite sure whether he believes the ageing of the...
Submitted ByTim Price
“John Meriwether.. is in the process of setting up a new hedge fund – his third.” - The Financial Times. “Fool me once, shame on you. Fool me twice, shame on me.” - Popular saying, though probably not in Greenwich,...
Submitted ByClaus Vistesen
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Nothing good lasts forever, or so at least many would have us believe. I shall neatly leave it aside of whether this is true in a general sense but merely note that it appears that we are moving closer to some form of another...
Submitted ByClaus Vistesen
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After a nice and entertaining week in Barcelona where I had the privilege not only to hold a seminar at the Universitat Autònoma de Barcelona, but also to meet a host of interesting people, I thought that it would be about time that I finished my piece on the...
Submitted ByClaus Vistesen
I know that I tend to harp quite a bit about this theme, but I also trust that my readers by now will be well be used to it. One of the main interesting things about the notion that ageing might be related to export dependency is that while it enjoys little, if any, support in the academic...