Feb 21

Greed Is Good

Posted by Kristjan Velbri | Posted in Video | Posted on 21-02-2010

Coming soon to a cinema near you. It’ll be difficult to beat the previous one for obvious reasons (Charlie Sheen vs. LeBeouf), but Michael Douglas is still there so my hopes are high. Greed really is good.

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Dec 08

The Card Game – America & Credit Card Debt

Posted by Kristjan Velbri | Posted in Video | Posted on 08-12-2009

Another great documentary from Frontline, this time about credit cards.

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Dec 04

Sideways Movement is Not Fun

Posted by Kristjan Velbri | Posted in Markets, Video | Posted on 04-12-2009

BKX - RUT - SPXFrom 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).

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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.

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Nov 01

Real Life Example of Inflation

Posted by Kristjan Velbri | Posted in Gold, Silver, Video | Posted on 01-11-2009

This is one of the best videos I’ve ever seen on inflation/loss of purchasing power. Enjoy (the intro music might be a bit loud so turn the volume lower before you start viewing).

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