Instead I've been reading one of my favorite Australian bloggers, who wrote a persuasive article on why's HP's decision to divest itself of its PC hardware business is the right decision. Read it here. Bottom line hardware is dead and gone, everything is software.
Also a fascinating "review" of the state of the G7 economies (not entirely good news), Read it here. Bottom line Germany choose your poison! Stay in the Euro, and Italy, Spain, Portugal and Ireland are out, and your banks go bust, or take your saner brothers (Finland Benelux) and leave the Euro, have a stronger currency and face a recession. Last option is Germany takes over fiscal policy in Europe (not going to happen).
Finally a graph & review of G7 economy since the beginning of the crisis. The outlier is Canada -- but not for good reason (in my opinion) of course Canada had saner policies -- after all Canada's banks are too big to fail, and have for years so they are run conservatively, but Canada's raw material (from timber to oil) have tied its economy to emerging market (and some assets inflation thanks to QE1, QE2 and soon QE3).
Also a fascinating "review" of the state of the G7 economies (not entirely good news), Read it here. Bottom line Germany choose your poison! Stay in the Euro, and Italy, Spain, Portugal and Ireland are out, and your banks go bust, or take your saner brothers (Finland Benelux) and leave the Euro, have a stronger currency and face a recession. Last option is Germany takes over fiscal policy in Europe (not going to happen).
Finally a graph & review of G7 economy since the beginning of the crisis. The outlier is Canada -- but not for good reason (in my opinion) of course Canada had saner policies -- after all Canada's banks are too big to fail, and have for years so they are run conservatively, but Canada's raw material (from timber to oil) have tied its economy to emerging market (and some assets inflation thanks to QE1, QE2 and soon QE3).
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