Warning: Declaration of Suffusion_MM_Walker::start_el(&$output, $item, $depth, $args) should be compatible with Walker_Nav_Menu::start_el(&$output, $item, $depth = 0, $args = Array, $id = 0) in /home/blogg3r/public_html/wp-content/themes/suffusion/library/suffusion-walkers.php on line 0
Jul 152015

Greece’s fundamental problem is that it hasn’t a eficient economy. What this means? That Greek society does not engage in productive activities that increase real wages and living standards. How do we know this? From the international rankings that show how great statist exploitation in Greece and how is stifling bureaucratic pressure.

“Greece is ranked 81 in the Global Competitiveness Ranking, where Spain is ranked 35, Portugal on 36, Italy on 49. In fact, instead resemble any country in the OECD, Greece has the same level of competitiveness as Algeria or Iran. In addition, Greece has one of the worst tax systems and prevent the creation of jobs through a combination of aggressive between taxation and bureaucratic burden small businesses. The World Bank’s Doing Business ranking, which measures the ease with which one can start a business, Greece occupies one of the last places in the OECD, namely position 61 in the world, much as Spain, Italy or Portugal.

Between 1976 and 2012 the number of public employment has increased three times, while private sector employment increased only by 25%. These things, plus the fact that the country has more than 70 loss-making state companies and the share of government spending in GDP is 59% – reaching an average of 49% since 2004 – Greek drama really. ”

It seems clear that the solution out of the crisis lies not in imposing new taxes as Troika wants and Syriza, but the minimization of state. The solution is “two taxes” immediate disbanding of the public pension system that does not produce solidarity, but also deepens poverty, the abolition of clerical bureaucratic apparatus that tax simultaneous with liberalization and deforestation bureaucratic thicket. Politicians are arguing that punks on pennies, because nobody wants to give his side of the operation: the Europeans, which stimulated the Greek debt will necessarily mark the gross (recovering the money and interest) after you have saved the bankers; and the Greek government wants to further exploit their slaves on the plantation, both as standing.

Jul 122015

This year Warren Buffett is getting ready to celebrate fifty years of business with Berkshire Hathaway (BRK / A), however, the financial conglomerate is under fire from the market due to lack of transparency.
But Wall Street is against Warren Buffett?

Essentially the leading analysts of international investment banks denounce lack of transparency in the latest quarterly published by Berkshire. Analysts complain that a $ 370 billion dollars which ranks third in terms of capitalization in the US financial market provides very few details on the underlying business compared with the information provided by similar companies.

The financial conglomerate Berkshire is characterized by a variety of sectors, from utilities, to ferrorie, the manufacturing sector but also retail, newspapers, media and the main business of Buffett, insurance.
Especially financial analysts, complaining that the most important sectors of Berkshire as the insurance does not provide a set of information to allow investment banks to “advise” the possible purchase or sale of the security.
Warren Buffett on the other hand defends itself by saying that all the information necessary to make an investment in the long term are provided. Also not recommended to potential investors to buy the shares of Berkshire on the recommendations of investment banks or predictions for this or the next half-year.

Warren Buffett prefers for his company only long-term investors, who are aware of the investment going to do, especially after a careful reading of the report and its annual letters to shareholders of Berkshire. The company of Warren Buffett does not have a department dedicated to relations with investors, its team of 24 people manages all the group’s subsidiaries and not, with a cumulative return of 693 518% from 1965 (you’ve read that right are thousands).

Warren Buffett has never been loved by Wall Street because they are also some of his famous quotes very “unpolitically correct” like this:
“Wall Street is the only place where people arrive in Rolls Royce for advice to those traveling by subway”