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Martin Varsavsky's Microblog
This is the year in which Europe will either fall apart or emerged stronger. I give it 75% that it emerges as a stronger union but the risk of collapse is still there. Germany has the key to solve the problem because of the size of its economy, its saving rate and its export volume. Germany has to decide on whether it continues to transfer some of its wealth in order to create markets for its exports or it let’s Europe fall apart and ends up with an overvalued currency and deteriorated markets. Already today it started paying negative interest rates which is a prelude in my view to a huge rise in the DM should it be born again. Tough choice. I think Germany can actually both save Europe and make money by buying underpriced Italian and Spanish bonds and selling them after stabilization. It can do what the FED did with many financial institutions, make a profit by providing much needed liquidity at a critical time.
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Posted by paul Kruszka - June 4, 2008 1:56 am - #
have bill clinton talk to his wife,hillary about an independent run for the pres. Remember joe l. senator from conn. his friends left him as her friend left her, he won because people vote for the person first and party second. also she won the states with the electoral votes to make her pres. ( she got more votes in these states them either oboma or mccain)
Posted by Moo - June 15, 2008 2:38 pm - #
Please explain this sentence: Martin Varsavsky is an Argentine/Spanish entrepreneur, founder of seven companies in the past 20 years.
How can you say you are Argentine/Spanish if the only spanish root with Spain you have is the language? Using the same rule of thumb we could say you are Argentine/American because you had lived in the US longer than you do in Spain and your citizenship in both cases (US and Spain) are due to condition of residency not roots. Please do not try to mask your roots, you are just an Argentinian with few nationalities.