Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Archive for 17. Mai 2017

How to Drink from a Firehose

Posted by hkarner - 17. Mai 2017

By John Mauldin, May 14, 2017 

Basic economics tells us all resources are scarce, but our demand for them is not. Hence we need methods to allocate the limited supply of each resource. A significant part of economics is the study of those methods.

One exception to the rule, though, has developed in the last few years: The amount of information available to us is practically unlimited. Open your internet browser, and most of that information is just a few clicks way. But if media industry profits (or lack of them) are any indication, demand for that information is anything but infinite.

One problem with information is that much of it is biased. I know, for instance, that when I read a certain economist commenting on recent data, he is going to put a spin on it that reflects the particular economic soapbox he prefers to stand upon. And while I will occasionally take time to read such people, just to kind of keep up on “influencers,” they often don’t really add much to the conversation. Den Rest des Beitrags lesen »

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Angela Merkel Shows Willingness to Join France in Bolstering EU

Posted by hkarner - 17. Mai 2017

Date: 16-05-2017
Source: The Wall Street Journal

In meeting with new French President Emmanuel Macron, Chancellor says open to changing treaties

German Chancellor Angela Merkel signaled new openness to far-reaching changes to fortify the European Union as she met with French President Emmanuel Macron on his first full day on the job.

The two leaders said Mr. Macron’s victory in France’s presidential election could breathe new life into the Franco-German relationship, which has long been the motor for pulling EU member states closer together. Ms. Merkel’s relief at having such a staunch pro-European partner in Mr. Macron was palpable: A few weeks ago, she faced the possibility of confronting his since-vanquished rival, far-right nationalist Marine Le Pen, whose political career has for years been devoted to destroying the project of European integration. Den Rest des Beitrags lesen »

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