Morgan Stanley Layoffs, VTI keeps climbing

Posted on Di 10 Dezember 2019 in Stocks • Tagged with Stocks, Economy, ETF • 2 min read

Yesterday Morgan Stanley announced a 2% reduction in workforce across the entire organization. It's citing an "uncertain global environment." That's a code word for "recession" if you ask me.

The job cuts at the investment bank, the world’s biggest equities trading firm and a leading mergers advisor, will hit …


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Innovation and Good Jobs in Germany

Posted on Mo 25 September 2017 in misc • Tagged with Economy • 1 min read

Looks like Co-Founder (and former colleague) Ralf Klinkenberg is in the NY Times today.

"There is a good start-up culture," Ralf Klinkenberg, of the company's co-founders, said of Dortmund. via NY Times

He's right, the whole Ruhr area of Germany - a once heavily industrialized area - has transformed itself into a …


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Barry's Economic Stimulus Plan

Posted on Di 10 Februar 2009 in misc • Tagged with Economy • 2 min read

Dear Mr. President, I know it's really easy to spend other people's money but let's face a reality here. No matter how much money you're going to throw at the banking and credit system, it just won't work. The banks are, for lack of better word, bankrupt. They went bankrupt …


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Governments Make You Poor

Posted on Do 23 Oktober 2008 in misc • Tagged with Economy • 1 min read

Argentina set up a national retirement system back in the 90′s and I’ve read numerous reports on how wonderful it is because it helps Juan six-pack not worry about the future. The Government is looking out for those unfortunate people who don’t know how to manage money …


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Unmitigated Disaster

Posted on Di 15 Juli 2008 in misc • Tagged with Economy • 1 min read

You have to love Jim Rogers and the interviews he gives Bloomberg. He’s a wise man that comes across as a cranky at times but we should listen carefully to what he has to say.

I don’t know where these guys get the audacity to take our money …


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