Promoting Entrepreneurial Revolution
These videos would help you better understand all the news about Greece, Italy, Spain, UK and Ireland difficulties
and how this impact the world. As a supplier of components to European countries, you would better appreciate
why demand has fallen so that you can make the necessary adjustments in your enterprise.
These developments definitely affects exports, tourism, electronics, NGO dependent on European donations etc.
Better be flexible now and start stretching....
Showing posts with label Eurozone debt crisis. Show all posts
Showing posts with label Eurozone debt crisis. Show all posts
Monday, April 30, 2012
Thursday, April 26, 2012
Eurozone Could Fail Just Like USSR- Predicts George Soros
Promoting Entrepreneurial Revolution
Billionaire and money expert George Soros predicts that Eurozone crisis could be a repeat of USSR collapse in l990. Anybody remembers what happened?
There was massive bank closure; the citizen's savings were wiped, massive unemployment; or wages were delayed by months in payments, gangs proliferated, crimes were rampant. It was nightmare
Soros predicts it could happen to Eurozone. We know that cracks are all ready starting to appear with frequent protests in Greece, Spain, Ireland and UK (Weiss similar event could happen in USA) (Everybody is pessimistic these days? Or realistic?!)
Germany must support Eurozone or leave it now. But that would be unproductive because Germany's currency would be so expensive and its current market, the rest of the Eurozone would not buy its products/exports.
l. Do you think Soros is right?
2. What would be your countermeasures to suggest to your friends/relatives at Eurozone?
3. What are the opportunities?
Billionaire and money expert George Soros predicts that Eurozone crisis could be a repeat of USSR collapse in l990. Anybody remembers what happened?
There was massive bank closure; the citizen's savings were wiped, massive unemployment; or wages were delayed by months in payments, gangs proliferated, crimes were rampant. It was nightmare
Soros predicts it could happen to Eurozone. We know that cracks are all ready starting to appear with frequent protests in Greece, Spain, Ireland and UK (Weiss similar event could happen in USA) (Everybody is pessimistic these days? Or realistic?!)
Germany must support Eurozone or leave it now. But that would be unproductive because Germany's currency would be so expensive and its current market, the rest of the Eurozone would not buy its products/exports.
l. Do you think Soros is right?
2. What would be your countermeasures to suggest to your friends/relatives at Eurozone?
3. What are the opportunities?
Sunday, February 26, 2012
Interesting Questions on the Europe Debt Crisis.
ProfJorge Entrep
As a former credit officer in a small savings and loan association, I could not help but ask the following question on the debt problem in Europe.
l. Why were the debt allowed to accumulate that high? Was there a study of capacity of pay?
2. Were there no red flags for failure?
3. Are there competent financial managers/officers in the countries? Or are there strict reviews?
4. There is according to Germany, that the 600 billion euros is enough. What if despite this rescue fund defaults still occur?
5. At the G20 Mexico conference it was decided that Europe must first help their comrades before Japan and other countries can help. What if the Europeans are helpless to do so?
As a former credit officer in a small savings and loan association, I could not help but ask the following question on the debt problem in Europe.
l. Why were the debt allowed to accumulate that high? Was there a study of capacity of pay?
2. Were there no red flags for failure?
3. Are there competent financial managers/officers in the countries? Or are there strict reviews?
4. There is according to Germany, that the 600 billion euros is enough. What if despite this rescue fund defaults still occur?
5. At the G20 Mexico conference it was decided that Europe must first help their comrades before Japan and other countries can help. What if the Europeans are helpless to do so?
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