Journal
October 2021
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Common Sense
Dear Ladies and Gentlemen «I believe in common sense like a miracle, but common sense forbids me to believe in miracles.» This quote by Erich Kästner describes a dilemma in which many people find themselves and which occurs in the most diverse social contexts and the most diverse personal relationships and, Ladies and Gentlemen, in […]
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No Stopping for the Prophets of Doom
Dear Ladies and Gentlemen Seasonal reasons may be responsible for increased nervousness on the stock markets. Gloomy times ahead The prophets of doom are in high season. Some are supposedly world-famous stock market gurus; others are less known, yet a doomsday scenario connects them. They predict gloomy (stock market) times and tell their market crash […]
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Debt Ceiling
Dear Ladies and Gentlemen «Where there is no vision, there is no hope.» Adrian shared this quote by George Washington Carver (George Washington Carver – Wikipedia) with us, and it fits today’s weekly perfectly! Catastrophic and Disastrous U.S. Treasury Secretary Janet Yellen described the scenario for the economy if Congress would not have raised the […]
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Friedrich August von Hayek / Your Feedback / Updated Website
Dear Ladies and Gentlemen «Money is one of the greatest instruments of freedom ever invented by man.» Friedrich August von Hayek Friedrich August von Hayek was an Austrian (-British) economist and philosopher who shared the 1974 Nobel Prize in Economic Sciences with Karl Gunnar Myrdal. Money as an Instrument «Money is one of the greatest instruments of […]