Tag: Economics

Thoughts on the financial crisis

I’ve been following the drama in Washington over the so-called “rescue package” for banks and financial institutions, as have we all, I guess. I’m both depressed, and mad as hell, because none of the politicians spearheading the “rescue package” are being honest about the origins of the problem. Furthermore, none of them are being honest… Continue reading Thoughts on the financial crisis

How to derail competitive marketing

I’m amused to read a Swedish report of how one store’s attempt to undercut a rival store’s opening sale backfired. A daring public relations stunt by a newly opened electronics store in Malmö left its long established competitor with empty shelves and its CEO seething. “I didn’t know if I should laugh or cry,” said… Continue reading How to derail competitive marketing

Rescuing the banks – an Australian satirist’s view

One of my favorite Australian commentators, Richard Glover, has a pointed take on the rescue package for banks and financial institutions currently being worked out in Washington. On bankers and 500-kilogram gorillas George Bush was unable to help the hurricane-battered poor of New Orleans but somehow he’s located a spare trillion dollars for his distressed… Continue reading Rescuing the banks – an Australian satirist’s view