1913 Intel

Your world at risk. How the impossible becomes the inevitable.

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The Demise of the European Welfare Nation

Posted by Matt in February 17th, 2010 | no comment 
Published in Europe, , , , , , , , , , , , , , , , , , , ,

Europe’s other most troubled countries share many of Greece’s characteristics. Italy and Spain have birth rates that have slipped as low as Greece’s and shrinking labor working age populations. Yet early retirement is the norm. In Italy the average retirement age is 59, among the lowest in industrialized nations, and Spain is ranked only slightly [...]

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Oil – Hope and anxiety

Posted by Matt in June 4th, 2009 | no comment 
Published in Economy, Oil, , , , , , , , , , , , , , , ,

THE price of a barrel oil went past $68 during the day on Monday June 1st, the highest level in seven months. Although this remains less than half the peak of last July, prices are likely to remain above the norm of the past few decades, lifted with every bit of cheery economic news and [...]

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