An “Economic Analyst” Blog

After saying that the peak of the current crisis will arrive after Obama’s Inauguration, it looks like George Soros did not guess it right.

Therefore, he now says that the crisis is bigger that he thought. Well, he got this one wrong! Life’s tough…

Now he tells us that we need a global anti-crisis plan. I guess we know that, don’t we?

The Pif Gadget magazine went bankrupt. A court decided this on January 15th.

It was a said day for French children and around the world.

But, maybe there is some hope. The weekly magazine Pif Gadget disappeared in 1993, but reappeared as a monthly magazine in 2004. Let’s hope it will be again reborn from its ashes!

The Moldovan people do not know whether the gas received by Moldova during the gas crisis must be payed to Ukraine or to Russia. Therefore, they did the logical thing: decided not to pay for the moment.

Note:
This is not filed under the Jokes category!

Note:
Comments are no longer allowed on this post. Looks like it is the only way to stop the spammers.

Intel decided to close five of their manufacturing facilities in Asia (one in Philippines, two in Malaysia) and US (Santa Clara, Oregon).

Does this mean people no longer buy enough computers or is this move supposed to stop the drop in processor prices?

Either way, the crisis starts to affect the hardware industry.

On Inauguration Day, the US market fell sharply, but recovered the next day. If we consider the fact that, on January 20th, the market was influenced by the announcement that Royal Bank of Scotland lost more than 20 billion pounds, we can say that the markets had a good start.

This was to be expected, the rally being caused by the euphoria created by the fact United States has a new president, and Obama’s presidency is an historic moment not only for U.S., but for the entire human race.

Now, Obama has to deal with it. There is much hope and there are high chances many people to be disappointed. Obama might be a symbol, but a symbol cannot solve the global economy problems.

1. The only available jobs are at the Unemployment Office.

2. In order to save France struggling economy, Nicolas Sarkozy decided to sell half of Carla Bruni’s cloths.

3. Barrack Obama is forced to take a second job to support his family.

(to be continued next year or when new jokes become available)

The world is in crysis. The markets go down and America celebrates. They have a new president (#44).

Good luck, Mr. Obama! You are going to need it!

It looks like the France government will help the troubled auto industry by giving Renault, Citroen and Peugeot a total of five or six billion euro.

So, the companies will have a little more money, but I do not think the real problem will be solved. When there are no customers, the companies cannot survive even if the state gives them money. OK, they do have customers, but their number decreases every month. And getting money from the state will allow the companies to cut prices, allowing more people to buy a new car.

But, most people are not interested in buying cars now. They just want to keep their jobs! If they have some money, they think it is better to save them for the time when they’ll lose the job instead of spending them on a car. If someone gets a loan to buy a car now, his or her IQ must be pretty low!

Every citizen in Taiwan received a coupon worth more than 100 USD that they can use to buy various things. This is part of a plan of boosting the economy.

It looks like a two billion dollars plan to stimulate the economy by allowing people to spend more. Interesting! I am curious whether it will work!