“When we invest, we are investing for 10, 15, 20 years. You may look as if you are making a big loss today, but you have not borrowed money to invest. You will ride the storm, the company recovers, your shares go up.” (Lee Kuan Yew - Singapore’s Founding Father)
Given these turbulent economic times, it’s [...]
[You can download this chart as PDF on the page "Energy Charts"]
40 dollars a barrel is a considerably cheap price for oil. It’s very likely that oil prices will rise again in the latter half of 2009. It’s also important to consider that drilling oil out of the ground has become much more expensive since [...]
“Entrepreneurs are first and foremost imaginative and innovative artists – with highly developed communication skills, curious about new ideas, able to reflect critically on themselves and on the society in which they live, fascinated by beauty and extremely sensitive to the fate of our planet. This mentality not only allows the entrepreneur to create new [...]
Electric motors will power the next generation of cars. Given the necessity to reduce our fossil fuel consumption for the sake of the environment in addition to the uncontrollably fluctuating oil prices and scarce energy resources, electric cars will be the embodiment of 21st century transportation. The electrification of cars and public transport makes great [...]
As it’s always been when the economy is in crisis, a wave of protectionism is swelling around the world. Policymakers tend to believe that imports coming in are the reason why the economy is in bad shape. To punish the bad guys who are apparently exporting too much an importing too little, these simple-minded politicians think [...]
