99Designs.com

Jun 12 2012

Interesting times we’re living in…

Published by under Europe,Opinion,Top Stories

The Euroland crisis is coming to a head. This week and the next few weeks will be very interesting. For a number of reasons. [Read on]

No responses yet

Jun 11 2012

Blame it on the bankers: a rejoinder

Published by under Europe,Opinion,Top Stories

On the point that bankers are responsible for the Euro problems, and not politicians, or countries, here is some proof. It was published by the Financial Times Deutschland last week and was headlined “The drama only started with the financial crisis”.  [Read on]

No responses yet

Jun 11 2012

EU in cul-de-sac: a rejoinder

Published by under Europe,Opinion,Top Stories

Have you noticed how quiet it has gone around the issue of growth stimulation in the European Union? After a few weeks of get-togethers between state representatives, which produced very little (actually nothing) in the form of ideas to stimulate the Club Med economies in the short term, the topic vanished from the radar screens in the past week or two. Why? Has the need for short-term stimulation evaporated? To the contrary. The economic situation in these countries is dire and getting more dangerous (also as far as political stability is concerned) by the day. So, why do the governments do nothing? [Read on]

One response so far

May 11 2012

That’s it…nationalise the banks

Published by under Opinion,Top Stories

I refer to the news that JP Morgan had gambled on the markets and lost billions of dollars. (For that amazing news go here - in German.) Now it must finally be clear to all that (1) the term “bank” should be redefined in bank legislation to exclude investment banking, asset management and all that is not core to the function of “oiling the cogs of the economic machine” (providing money, ie. credit) and (2) that these narrowly-defined banks should be majority-owned by the state as representative of the people.  [Read on]

One response so far

Aug 29 2012

SA losing the internet race

Published by under More News,Opinion,South Africa

South Africa is losing the internet race on the continent of Africa, thanks to the SA government’s inability to get fast internet to the masses at reasonable prices. As I’ve said before, this is not an insignificant failure. The internet can generate lots of growth and jobs for the country. Look for instance at this [...]

One response so far

Aug 10 2012

Extra dividend boosts Naspers’ acquisition kitty

Published by under Companies,Europe,More News

According to German blog Mydividends.de Mail.ru, Russia’s biggest internet firm (in which Naspers holds a 29% stake) sold (some, or all) of its Facebook shares to pay an extraordinary dividend of $3.80 U.S. per share. In total $795 million U.S. will be paid out to shareholders on Aug. 17. Then Naspers’ “acquisition kitty” will be [...]

One response so far

Aug 02 2012

At last, at last…

Published by under Europe,More News,Opinion

At last someone in Germany has seen finance minister Wolfgang Schäuble for what he is: not good enough for the job. This article appeared in the Financial Times Deutschland this morning under the headline: Schäuble – a disappointment The second head reads: That Schäuble is one of Germany’s best-loved ministers, is unjustified. In reality, his [...]

No responses yet

Jul 26 2012

It’s to weep for, babe

Published by under More News,Opinion,South Africa

Talk, talk, talk. And nothing happens. That’s the trademark of the South African government. Since I came to Germany 12 years ago, Germany has gone through 4 nationwide broadband-technology updates. Every time the web got faster and cheaper. In this 12-year period SA didn’t get any infrastructure update. Today they’re still promising, and South Africans [...]

No responses yet

Next >