Tag Archives: economy

At the ‘Strategic Investment Conference 2016’ recently held in Dallas, geopolitical forecaster and strategist George Friedman said: ‘China is like Japan in 1989′. There are indeed many similarities between China today and Japan in the late 80’s, before Nippon went bust: a reliance on investment- and export-led growth; big current account surpluses; a real estate bubble (that led to highly indebted …

Usually on weekends, I try to switch off from business and look on the brighter things in life. This weekend, some tasty french breakfast delights, a biking tour and a lot of tv-sports (Premier League, Bundesliga, Steaua-Dinamo, the cycling-classic Paris-Roubaix and the two final rounds at the Augusta Masters) was the ‘anti-business’-program. But by force of habit, I nonetheless checked my …

The future of Romania is not a question of money – it’s all about transparency, know-how and education! For once, Romania was the leader in a ranking provided by EU’s statistical office ‘Eurostat’ this month. However, it was a questionable merit, since Romania recorded the highest annual increase in hourly labor costs among the EU-states in the 4th quarter of …

“It’s official! Now China is the new number 1 global economic power!” I have to admit, I was puzzled after reading that headline on a serious financial website one morning at end of last year. I simply couldn’t believe it. So I checked the data provided by the International Monetary Fund (IMF) and it seems to be clear: Chinas gross …

Plan B If you came to the conclusion, the proposal to improve labor productivity to obtain a better salary from the previous section  is not your cup of tea, maybe plan B is more your style. You still have to work hard first, but you might have a greater influence on your own salary – by starting your own company. Thereby you …

In the shadow of the broadly discussed fall in oilprices and the implications for stocks around the world, the problems of the european banking sector have been almost overlooked so far by the broader audience.  This is going to change soon. From Deutsche Bank to Credit Suisse, the shares of european banks are under immense pressure and there is no …

China just celebrated the ‘Year of the Monkey’. Officially the first three days of Chinese New Year (February 8–10, 2016) are statutory holiday. Chinese New Year’s Eve and three more days are always added to give seven consecutive days of holiday. But then, it’s back to business – and there is no celebration at all for the chinese. The stockmarket-crash or …