This battle was initiated over 10 years, a shift to the modern information processing within the meaning of online with the Internet, cloud, social networks and smart phones. While initially in the name of pride resonated to allow technically, any time that a message could be transmitted to a device, regardless of location and time that is taken for granted today. Readmore…
Jean-Claude Trichet Aims his proposal for a European Ministry of Finance on a profound shift of authority and responsibility for the economic and financial policy in Europe. In Germany he has so far not found a lot of love. That should remain so.Who The National Treasury or – what is the same in French diction – can say the national economy minister, to do what he can and can not do it, it basically takes responsibility for their decisions. Readmore…
The European Monetary Union is still in heavy seas. The damaged Greece, Ireland and Portugal have taken refuge under the multi-billion dollar bailout. The politically torn Belgium, Spain and the notoriously crusty economically strapped financially Italy could follow soon. Widen the national debt crises, presents itself sooner or later the question: Who rescues the rescuers? The citizens of the rescuers show their governments in elections more often the yellow card. Readmore…
The energy sector in Germany is characterized by diverse, sometimes contradictory state interventions identified. Almost all fuels are also subsidized. The tragic events in Japan have fueled the energy policy debate in Germany. The federal government should understand the energy revolution as an opportunity to reduce the concert of the state intervention to a more effective and cost-effective measure and competition within the meaning of the consumer to strengthen further. Readmore…
Our financial leaders have invented a new buzzword: “soft debt restructuring.” This refers to a debt moratorium. Greece next year could extend the term of its maturing bonds on one side. Because otherwise, would his creditors – especially the banks – from the funds of the EU “bailout” paid at par, although these bonds are currently trading at a fraction of their face value. Readmore…
There is an insatiable human desire: resale value. But unfortunately this is an impossible request. For as long as man is, there is no good, whose value can be stable: Human action implies a continuous change of preferences and thus a change of values that people attach to scarce goods. This insight is especially natural and good for the money. Readmore…
The European Heads of State and Government adopted replacing the European bailout package of 2013 changed the institutional quality of the Euro zone fundamental: It is a transfer union on the basis of a joint liability. Thus concludes the political class is an institutional arrangement for Europe, which she herself has in the period from the 1992 Maastricht treaty until a week ago as a taboo totally excluded. Readmore…
Since not only the financial and economic crisis the country is very busy, but weak. While governments are often faced with a dilemma: on your behalf, one to make to the general public interest-oriented policy that precludes the incentive to increase their electoral chances by introducing subsidies and transfers to well-organized groups and to the detriment of the public. Readmore…
Radio journalist Dr. Michael Brown pointed out to me with a request to comment on the facts that the German people a year to spend more money on cut flowers than for German stocks. This leads to some interesting follow-up questions. Among other things, consider whether it would be better because if German listed companies have more German shareholders. Readmore…
Suppose that come with it every other text in the volume of 475 pages by chance once before, that a thought is expressed in words, over the same across an entire paragraph with the exception of single words, the phrase of a paragraph, which elsewhere has been published before. Then the probability of cheating, something that in any such document is 60 times occurs, 0. Readmore…