Dec 08
The Card Game – America & Credit Card Debt
Posted by Kristjan Velbri | Posted in Video | Posted on 08-12-2009
Dec 04
Sideways Movement is Not Fun
Posted by Kristjan Velbri | Posted in Markets, Video | Posted on 04-12-2009
From the middle of November, the stock market has been very akin to a staring contest – nobody wants to be the first one to blink, but then again, nobody wants to go on the offensive either. The banking index and small caps have been weak for quite some time now but they are still holding on. In fact, their charts look eerily similar. Even Bank of America’s bailout return failed to spark enthusiasm among investors. Truth be told, the market has had quite a run-up from the lows of March, putting in gains of over 60%. The failure to make new highs and the lack of economic data to confirm the price level of stocks is quite worrying. The outlook is still pretty confusing and making any predictions without a clear technical formation is difficult.
I’ll leave you with this – a video of a staring contest from the BBC (comedy is one thing that the Brits are really good at).
Nov 13
An Empty City Built to Boost GDP in China
Posted by Kristjan Velbri | Posted in General, Video | Posted on 13-11-2009
Stories of cities and other, smaller infrastructure projects built to boost GDP or hand out government funds to lobby groups are always interesting, especially if those projects turn out to be a complete waste of money. In May, the BBC reported on a few abandoned airports in South Korea, but Al Jazeera English topped that just a few days ago with their story on an empty city in China. Enjoy.

















