Archive for the 'Economics' Category

Life: We are the 99 percent

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This is not about right versus left … about the poor versus the rich … It’s about right versus wrong. When people are loosing their homes, their pensions or their jobs having worked whole lives often multiple jobs at the same time while those very few who profit from the current “business climate” often have never really worked all their life, breaking and bending the law left, right and back, not paying or paying nearly no taxes while those who have nearly nothing pay most, something is substantially wrong and must change very quickly before the overall situation explodes. But this is maybe what some of those few “really” want besides bringing back fascism and slavery…

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Portugal: Where you have to study to be a slave – Parva Que Sou – Deolinda

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Not only in the Arabic world where young protesters have overturned regimes installed decades ago and kept alive by generous aid from abroad and oppression of their citizens, this summer also in Europe young people in many countries were filling the streets with their protest and anger.

In Lisbon, Portugal earlier this year about 300’000 people were protesting against so-called austerity cuts and the way how current politicians want to remedy the damages from the global financial crisis on the back of the poorest and the young. These were the biggest protests in Portugal since the Carnation Revolution in 1974 that overturned dictatorship.

A song that got accidentally famous on the Internet in Portugal is currently making its way across Europe. It strongly expresses the feelings of …

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Finance: Currency wars and the emerging-market countries

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The threat of a currency war between the US and China is one of the main concerns for the G20 ahead of this month’s meeting in Seoul. This column say that while policymakers appear to grasp some of the issues, they underestimate the impact of quantitative easing by large economies on exchange rates worldwide…

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Life: Fake Work in the wild

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Fake Work – the best description for a cancer / plague often seen in large monolithic organizations. It is also very popular in organizations that have far to many people for the tasks assigned to them, but justify their existence with such counterproductive activities.

We’ve observed its most extreme use with a so-called Public-Private-Partnership in Geneva where 600 people are “working hard” to burn through Billions of tax payers funds while doing the work of 50. The sadest thing about such environments is that those who don’t do anything productive will most of the time get the recognition while the few others working hard are often treated like dirt.

Here’s the best definition we found …

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Finance: The Indian Venture Capital Industry – Interview with Pravin Khatau

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Mr Pravin Khatau, a native Indian and a former Executive Director with Goldman Sachs, has a distinguished track record in Venture Capital investing globally and particularly into the Indian markets. He was previously on the board of a well known VC firm in India and is currently also serving as a Board member of the MVCA in Europe.
Mr Pravin Khatau was kind enough to share his insights into the Venture Capital industry with Duvet-Dayz as part of our Venture Capital series…

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Cartoon: The Changing World

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A vintage cartoon from John T McCutcheon demonstrates to us that we’re seemingly again starting to look into some topics in a similar way as before the great depression in the 1920…

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