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Archive for the ‘Economy&Finance’ Category

The next bubble will burst…

…or let’s say, 10 bitter facts, why the U.S. economy is still in big trouble. The U.S.
economy is by far more in debt as most of the people want to believe. Unemployment
is above 20% when you bring in the long-term unemployed. Myret Zaki has stated 10
facts that proove to her that the worst is yet to come.

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September 12, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , Thoughts
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Conan O’Brien makes fun of Apple!

It seems as if Apple also is being mocked by local comedians. In the following
video, Conan O’Brien, a famous talkmaster, comedian and television host, has
brought up a video on Apple’s recent report that a prototype of the new long
awaited iPhone had been left in a tequila bar in California.

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September 12, 2011Netspark No Comments »
FILED UNDER :Computer , Curiosities , Economy&Finance , News , Video
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Paypal versus Rossmann… and looses!

Paypal today made his next step to be one of the unappealing payment services
When they forced Rossmann (a german drugstore chain) to unlist cigars from
Cuba out of their portfolio as otherwise PayPal would quit the cooperation with
Rossmann, the drugstore company finally decided to cancel complete PayPal.

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September 9, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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France and it’s government’s odd plans

Well, taxes are good for all kinds of things for the public to be financed. So that
everyone takes his part in the Finance, he has to pay taxes, taxes like V.A.T.
income tax, tax on alcoholic beverages, tax on tobacco, gambling, social tax
and all other taxes you may be aware of.

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September 8, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News , Thoughts
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Swiss National Bank did it again!

So… the Swiss National Bank finally thought, we’d start a new round to fight
the strong Swiss Franc! Today at 10:00 a.m. local time, the SNB set the
minimum reference value EUR-CHF to 1.20 – and is willing to keep that goal
by buying foreign currencies with no limit!

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September 6, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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Gasoline Sales promoted?

Today I was shocked to see that gas station keepers may receive bonuses by selling
gasoline at the highest possible prices possible. With this, automobilists might run
into a more and more competition-driven price for gasoline as gasoline station keepers
may chage the prices theirselves. The higher, the more bonuses they receive

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August 29, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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Google buys Motorola cell phones!

Google has bought Motorola’scell phone division for approx 12.5 billion US$!
With this purchase, Google plans to give Android more support in the cell phone
market. As Motorola is working together with Google for a longer time now, this
step was only a logical conclusion. The name Motorola will still exist though!

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August 15, 2011Netspark 1 Comment »
FILED UNDER :Economy&Finance , News
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What the €-Prompt…

When I stated 3 days ago that things would look grim but yet okay,I was wrong.
Today the stock markets have lost another 4 to 7% of their value. The market is
really upset and no one can deny it. Even the currencies have gone crazy as
hell. Was the Euro at 1.09 this morning, it lost until 1.05 at the current time.

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August 9, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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An epic novel: Finance Crisis 2011

Not that I am very pessimistic but on Tuesday the economic situation was already
pretty grim. But with the start into the weekend, things look worse as expected.
The Swiss Federal Bank’s intervention did not do much to weaken the Swiss franc
and other currencies seem to suffer from strange hickups, too…

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August 6, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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The currencies… again! But with changes

The last days have been very busy and the world economy is still bouncy.
The Euro, USD, GBP and JPY are probing new depths which worries the swiss finance
market much more. The Euro was about to hit the 1.08 line then instantly
(within 5 minutes) rose near 1.10 again…

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August 3, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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Financial Crisis in USA at an end?

As of today the U.S. Government has agreed to raise the debt level under the condition
to lower debts and state costs by 2.7 billion dollars within the next 10 years.
But as for now, the people seem very disappointed that the debt level raise will be a
reason for social and medical cutbacks and a possible tax raise…

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August 1, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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