67 Articles 1 Followers
4 Jul 2025 2 minute read 1 comment Perfectionist25
Call centers were once the voice of the financial world. In the 90s, connecting to a bank’s customer service meant listening to classical music for minutes and memorizing the sentence, “All of our representatives are currently serving other customers...
23 Jun 2025 9 minute read 0 comments Ship Shard
Publication in Russian on the Zen bloghttps://dzen.ru/a/aFmYS89sGhUbWTvF No monuments or memorials can convey the enormity of military losses, or truly perpetuate the myriads of senseless victims. The best memory for them is the truth about the war,...
14 Jun 2025 5 minute read 1 comment Perfectionist25
For the past 34 years, Japan has held a pretty impressive title. It was the world’s largest creditor. Simply put, this means that Japan has more money than it lends to the world, or more assets than foreigners have in Japan. See, countries can invest...
11 May 2025 2 minute read 4 comments Perfectionist25
The world is aging. While people tend to reproduce less, especially with the developments in the field of health, the average life expectancy is also increasing. This causes the aging population problem to rise to the top of the world. While this pro...
9 Mar 2025 11 minute read 1 comment Perfectionist25
The money is leaving America and going to Europe and China. This is an interesting situation that we have not seen for years. Germany is going into huge debt, and is going into monetary loosening. But this is not only happening in Germany, it is actu...
7 Mar 2025 6 minute read 0 comments Perfectionist25
Since I started to be interested in investing, we are faced with the development that has surprised me the most. Germany is starting to borrow. Germans are normally very famous for their debt discipline. Germany's debt to its gross national product i...
2 Mar 2025 3 minute read 1 comment Perfectionist25
There was an election in Germany. I will not go into the results at all. Let me explain my thoughts on the market side a little more; as expected, there will be a coalition government and the far-right wing will not be in this government. Therefore,...
18 Jan 2025 15 minute read 5 comments Perfectionist25
A party that has just entered the political scene in Germany has upset all balances within a year. The party I am talking about is BSW, founded by former left-wing party leader Sahra Wagenknecht. This party made quite a splash when it was founded in...
19 Nov 2024 4 minute read 1 comment Perfectionist25
€230 billion ($240 billion)! That’s the staggering debt Volkswagen (VW) has sitting on its books. That makes it one of the world’s most indebted companies. But if you think that’s the only problem the German automaker has, fasten your seatbelts. Its...
19 Oct 2024 5 minute read 0 comments Perfectionist25
The ECB has cut interest rates for the first time in 13 years at two consecutive meetings, reducing the benchmark deposit rate by 25 basis points to 3.25%, the lowest level since May 2023. The ECB also reduced the main refinancing rate from 3.65% t...
