söndag 27 februari 2011

Cityboy - Secrets of Investment Bankers

Repris för er som missade den. Nu finns den på tuben.



Cityboy: Beer and Loathing in the Square Mile, är en
bok som jag tyckte var ok men hade nog högre förväntningar
efter att ha följt kolumnen i The London Paper.

För de som läst boken eller tänker göra det kan den tyska dokumentären
från 2009 om Geraint Anderson vara intressant som svt sände i Januari.

Geraint Anderson som arbetade som analytiker började skriva krönikor anonymt
i The London Paper där han detaljerat beskrev arbetsmetoder och
tricks i finansvärlden utan att avslöja några namn ända till kraschen 2008.

fredag 25 februari 2011

Gold This Decade

Futuremoneytrends
Väldigt bra trailer som förklarar de utmaningar som vi står inför under 6 min.
Som sagt fler utvecklade filmer finns i länken ovan samt i samma youtube kanal som klippet. Som sagt väldigt bra film för att vara så kortfattade med de viktigaste faktorerna (förutom det om den så kallade "klimatkrisen", den få ni läsa om i gäsp gammelmedia) monetärasystemet, pensionsbubblan, till peakoil.




Hittade klippet på pickehaupt som jag även snott det förra klippet ifrån. En blogg som jag skarpt gillar.

The end of America


Stansberry & Associates Investment Research provides stock market analysis, offers investment advice and publishes a range of investment newsletters..osv.. och så har dom gjort den här filmen som berättar om USAs kommande ekonomiska kollaps. Ganska lång film men väldigt bra underbyggd om man orkar då den är över 1h lång. Bra investerings guide för dummies och de som inte är så novice.

tisdag 22 februari 2011

Santas little helper

Totallycoolpix as allways on the big eastern dragon.

China’s economy is growing at a rate Western countries can only dream of. As a country it overtook Japan last year as the second biggest economy in the world and it looks as if they are gunning for the top spot. China produces almost everything we consume today. It has become the world’s factory. Great in one way as it’s cheap labor keeps prices down, enabling more and more people of increasing their standard of living. However, this results in jobs being lost to China across the world. From the poor chicken farmer’s of Africa to the machine makers of the US. If we start to buy local we pay a higher price but keep local people in work. If we keep buying from China we save money but keep their people in work. It’s a careful balancing act we are still trying to perfect, just as China is trying to balance modern capitalism with it’s cultural heritage which is rural life.

tisdag 1 februari 2011

Stockholm syndrome

Financial Times skrev igår om den svenska bostadsbubblan, och då särskilt i Sthlm, Stockholm Syndrome skojigt namn.



January 31 2011 09:47
Sweden is beginning to look like western Europe’s very own emerging market, at least on the surface. After a deep recession it is growing again at a rapid clip. The authorities are also fretting about bubbles and squirming as the Swedish currency appreciates. But while central banks in countries such as Indonesia and Turkey are resorting to imaginative monetary policymaking measures to ward off the effects of such unwelcome developments, Sweden’s central bank is firmly old-school.

The Riksbank has increased interest rates steadily from 0.25 per cent last summer to 1.25 per cent. There is some dissent among the bank’s decision-makers about this course of action, however.

Two Riksbank members voted against the latest rate rise on the basis that, if Swedish interest rates diverge too much from those in the rest of the developed world, foreign currency flows will push up the krona and harm exports. The currency has risen by almost a tenth against the euro since the summer.

The dissenters are worrying about a risk that has yet to materialise. Exports are still strong, and the country’s trade surplus is widening. But the risks that come with strong growth and a negative real interest rate (the inflation rate is 2.3 per cent) are already apparent. Swedish house prices rose through the recession; homes in Sweden are now among the most expensive in the developed world in relation to household disposable income.

EDITOR’S CHOICE
Sweden presses on with interest rate rises - Dec-15

Sweden enjoys strongest growth on record - Nov-29

Sweden confronts political uncertainty - Sep-20

UK house searched in Sweden blast probe - Dec-13

Borg calls for wider support for Ireland - Nov-22

Sweden’s opposition leader to step down - Nov-14

The average household debt is 167 per cent of disposable income, though low interest rates make the debt burden on households feel light. In the US, the debt-to-disposable income ratio peaked in 2007 at about 135 per cent. Household borrowing slowed slightly in December but is still rising at an 8 per cent annual rate.

The Swedish government is fighting back; it has limited new mortgages to 85 per cent of a property’s value. Monetary policy should keep pulling in the same direction. Old-school tightening does not hurt half as much as an old-school bubble that gets out of hand.