I’ve been following the news on the US financial situation very closely from abroad and am concerned with the bailout that is currently on the table and likely to be approved. As with any government intervention, this is going to interfere with the workings of a pure capitalist system and prevent the purge that [...]
Entries from December 2008
Thoughts on the $700B bailout…
September 28th, 2008 · 2 Comments
Tags: The Economy
Whirlwind trip across the Atlantic
September 26th, 2008 · No Comments
On Wednesday morning, I woke early to pack my bag before being picked up by the chauffer. The pickup was scheduled for 6:45, but I wasn’t sleeping that well so I got out of bed around 5:45. I was wishing that I had packed the night before, but how long can that actually take when [...]
Tags: Travel
Financial Terrorism?
September 21st, 2008 · No Comments
I’ve spent quite a bit of time trying to understand everything that is happening in today’s economy. I’m personally fascinated by it, but I also believe that we’re entering a new period of uncertainty and change in the global landscape. One of my favorite sources of information is a blog called “The Big Picture“. I’ve [...]
Tags: Uncategorized
Tough times…
September 14th, 2008 · No Comments
I’ve been keeping tabs on the U.S. from abroad and am quite alarmed at the current state. I’m not sure which is more alarming… the fact that McCain and Palin are keeping up with Obama and Biden or that the US economy is in a tailspin and the US government can only do so much [...]
Tags: Uncategorized
IKEA
September 6th, 2008 · No Comments
We ventured out to IKEA today to work on furnishing our flat. For those of you not familiar with IKEA, it is a giant home store that has everything from furniture to linens to lamps to kitchenware…you get the point. I’d compare it to putting a Bed, Bath and Beyond next to an American Furniture [...]
Tags: Settling in
Bad timing
September 1st, 2008 · No Comments
For anyone who does international business or has been on an international holiday, you’re aware of exchange rates and foreign exchange (Fx) risk. In moving over to London, I largely ignored Fx risk and assumed that the dollar would remain weak into the foreseeable future and that a salary paid in Sterling was all [...]
Tags: Uncategorized