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Contents contributed and discussions participated by Saskia K

Saskia K

Währungen: Griechen-Hilfe ermöglicht deutschen Euro-Ausstieg - Nachrichten Fi... - 1 views

    • Saskia K
       
      So this article is about Germany and the Euro. It states that if Germany were to help out Greece in its financial debacle, it would go against its own constitution, wich states that these transfers are not permitted. If however, it doesn't directly help Greece as the main financier of the EU, pressure from esp. France would be very high. This entire chaos offers the Germans an opportunity to change their currency back to the Deutsche Mark. This will most likely not happen, however it is a possibility at the moment under current conditions. Tonight Merkel will be meeting with the Greek president and possibly solve this issue, however it may actual,ly financially beneficial for germany to readapt the Euro in my opinion, although personally I think the Euro has simplified life in the EU a lot and is socially beneficial.
Saskia K

Probe into collapse of Cologne archive mired in scandal one year on | Germany | Deutsch... - 0 views

    • Saskia K
       
      80% of the steel support missing and illegaly sold in a billion dollar construction project! The construction firm was probably trying to maximise profit and productive efficiency illegally :P Isn't Economy about thinking in the future? It doesn't help if the entire construction collapses/floods and and causes enormous damage and possible deaths. The city has even considered evacuating, this firm definitely did not think of the social benefits of their construction!
Saskia K

Pound Plunges On British Political Worries - Forbes.com - 0 views

    • Saskia K
       
      Will Britain be the next Greece? The current pound to euro conversion is 1GBP= 1.101EUR, that is a huge fall. Generally, The U.K. now has an opportunity to adapt the Euro. Unfortunately, the British population would realize how high their living hosts really were if they would convert to the Euro. The Pound is very weak, but nevertheless Britain does not suffer from corruption to the extent Greece does. Do you think Britain could turn into the next Greece economically? or do you believe in the possibility of the U.K. converting to Euros in the future?
Saskia K

BBC News - Google 'may pull out of China after Gmail cyber attack' - 1 views

shared by Saskia K on 13 Jan 10 - Cached
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    This illustrates the effects of censoring and hacking on the economy and reasons for market failure.
Saskia K

Copenhagen and the environmental credit crunch - 21st Century Socialism - 2 views

  •   Sir Nicholas Stern may have described climate change as the greatest market failure in the history of humanity
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    what do you think of this opinion? I found it interesting as I haven't heard this point being made before...
Saskia K

Existing Home Sales Rise 10.1 Percent - CBS MoneyWatch.com - 0 views

shared by Saskia K on 26 Nov 09 - Cached
  • Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged 10.1 percent
  • Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged 10.1 percent
  • This is, of course, good news, but the question is how much of the increase is being driven by the government’s tax credit program to help first-time homebuyers, and how much of it would have occurred even without the tax credit
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    This article relates to the recession and abrupt rises in home sales. This surprised me, as industry is taking long to recover in some areas, and home sales have been a primary trigger for the recession in the first place. This article also underlines that there were other factors influencing the growth, namely the first-time buyer tax credit. What will the effects of this be on the long run? and will home sales continue to grow at such a rate when tax credits are reduced? Also, what do you think are the reasons for growth in home sales in the first place not taking into account the buyer tax credit? Other countries' home sales are still struggling while at the origin of the debacle sales are booming? What led to this recovery? Loads of questions :P
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