Posts Tagged Anton Olff
Biggest Emerging Market to Crash?
Seems to a growing consensus that China will experience a severe downturn sometime within the next year or so. The professional prognosticators predict that a crash in China’s property market could lead to a recession…or what would be a recession for China. The central government in Beijing understands that a downturn could have tremendous political [...]
BRICs in Bloom
The bottom line: U.S. still economic leader though increasing debt and entitlements could limit growth, U.S. dollar still reserve currency but interest rates will have to rise, Russia still overly dependent on oil and other commodities and vulnerable to future economic shocks, China’s influence growing and economy will continue upward, Brazil outlook very positive, and [...]
Crisis begets New Entrepreneurs
This article from the Wall Street Journal (www.wsj.com) indicates how the current crisis is spawning a new breed of entrepreneurs. Of course, those who understand the “creative-destructive” process of capitalism, can see that there are always new opportunities in the ashes of the past.
Eastern Europe..Submerging Markets?
Eastern Europe: On Crisis Watch
Mary Stokes | Feb 10, 2009 (www.rgemonitor.com)
There is no question that growth is deteriorating across Eastern Europe, but are these countries facing outright financial crises? Hungary and Latvia have already turned to the IMF for rescue packages, and other countries in the region exhibit similar vulnerabilities.
Life Imitates Art OR Back to the Future Again
The news out of Washington, D.C. is getting a bit too predictable. In their evangelical zeal to prevent a new Great Depression, politicians are once again begetting policies that gave us the crisis in the first place.
Pushing Business to Emerging Markets
It is the end of the World as we know it. When politicians start interfering with the mechanisms of entrepreneurship, the game is over. This is not to say that entrepreneurs will be unable to find a way to bring their dreams to reality. It just means that it won’t happen in places where the [...]
Funding for Emerging Markets
A big difference between the current economic crisis and other post World War II downturns is that there are no safe shores now. In 1998, when the Asian financial crisis knocked emerging market economies there was still a great deal of liquidity in the World as well as plenty of markets for exports. This is [...]
Market Intervention Follies…continued
Here at BOZONGO…we are not gloating over the news that oil prices dropped after OPEC announced production cuts. As this article from www. timesonline.co.uk proclaims, the market intervention/manipulation by OPEC could not keep prices from falling, nor will they in the future. OPEC member and other producers will maintain oil flows in an attempt to [...]
OPEC and the Folly of Market Intervention
The folly of market intervention by governments and monopolies can best be illustrated by that of OPEC. Although recently proposed cuts in production by OPEC members and non-OPEC producers like Russia will certainly raise the price of oil…at least temporarily…they have side effects that are contrary to the interests of those same producers.
Sex sells…or does it?
You might think I posted this article about the “crisis” in the business of prostitution in Las Vegas just to attract readers to this Blog. In one sense, that would be correct. However, as a seeker of knowledge and ultimately truth, I thought this article in the Las Vegas Sun (www.lasvegassun.com) would have plenty of [...]