When I hear about another bailout of American corporations I feel ….. words cannot describe it. What horrible nonsense. Let the corpse die. If the corpse can even die, but it seems that the American financial system proves it’s possible.Continue reading “Let the corp(se) die”
Financial System 1.0
There is always a place, where you have to start, so…
1. Are the shareholders rich?
Forbes publishes its lists of the richest people. Sorted in all manner. The richest in the world, the richest woman, the richest in the US, etc., etc. Seems to me a tricky calculation. This is actually the ranking of the poorest people.Continue reading “Financial System 1.0”