An "Economic Analyst" Blog

Microsoft buys Nokia Software Division

admin — Thu, 10 Feb 2011 11:36:01 +0000

Today’s rumour is that Microsoft will buy the entire software division of Nokia. The big announcement is planned for the next few days. I wonder why doesn’t Microsoft buy the entire Nokia company?

W

admin — Thu, 06 May 2010 19:16:18 +0000

The second V in the W has started!

How to Become a Millionaire?

admin — Wed, 24 Feb 2010 12:16:11 +0000

We have this page that shows us how we should save so that we can retire without depending on insurance companies. The secret is to never stop saving. For example, you can be a millionaire if you follow the following plan for 35 years: start by saving 10.000 $ in the first year, invest them [...]

I “talked” to a billionaire

admin — Fri, 18 Dec 2009 08:14:02 +0000

This billionaire activates in the financial world. This billionaire stated the financial crysis is far from over. This billionaire stated that no government addressed the fundamental problems that caused the crysis. This billionaire stated that governments spend lots of money to avoid deflation and there is no immediate danger for high inflation. This billionaire talked in such circumstances so [...]

Chrysler goes bankrupt

admin — Thu, 30 Apr 2009 18:03:30 +0000

One of the three big companies in the American auto industry files for Chapter 11 bankruptcy. It claims that a deal with Fiat has been reached and the company will be revived one way or another. Chapter 11 bankruptcy does not mean that Chryler will be liquidated, but that it will be reorganized. Therefore, there are [...]

Oracle buys Sun

admin — Mon, 20 Apr 2009 14:23:27 +0000

The Sun might shine over Oracle after it decided to acquire Sun Microsystems for 7.4 billion dollars after IBM decided not to buy this company. Therefore, Oracle will now own the Java programming language and the Solaris operating system. Oracle pays 9.50$ per share. The Friday close price for Sun was 6.69$. Today, Sun shares opened above [...]

IMF now says negative growth in 2009

admin — Thu, 19 Mar 2009 14:39:32 +0000

One month ago, IMF said there will be no growth in 2009. Now, they updated their prognosis and they see a contraction of the world economy by 0.5% - 1%. I guess someone should start trying to guess what the IMF prognosis in April will be so that we can have a prognosis of the prognosis… [...]

Gates is back

admin — Thu, 12 Mar 2009 10:52:55 +0000

Bill Gates is again the richest man in the world. According to Forbes, he surpassed Warren Buffet and Carlos Slim (these two were richer than Gates a year ago). The number of billionaires in the world decreased to 793 from 1125. Here is the Forbes top 20: 1. Bill Gates: 40B$ - Microsoft, United States 2. Warren Buffett: [...]

Japan Gives Gifts to its Citizens

admin — Wed, 04 Mar 2009 15:27:21 +0000

Japan follows Taiwan’s examples and decides to give each citizen 12000 JPY to spend in order to save the economy. This means each Japanese will get more than 120 USD. The total value of the plan is about 20 billion USD. Is this a sign that the Taiwanese plan might have actually worked?

DJIA below 7000

admin — Sat, 28 Feb 2009 18:13:44 +0000

The Dow Jones Industrial Average had, during the last trading day of February, a minimumvalue below 700 points. The close was above 7000. We are waiting for the next milestones: close below 7000, minimum reaching 6000, minimum reaching 5000 and so on…