Martin's World

So today I would like to share with you an interesting slide from Rogoff and Reinhart (2008). It shows an overview about the past crisis in the financial sector, the increase in unemployment and the duration.

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Tax Payer support

Everyone talks about crisis. But most people have to be aware that there
are currently many different types of crisis running. For sure they are
intervened but at the same time they have different solutions and impacts on our
everyday life. Continue reading »

The big 3 are currently in a deep automotive crisis and their own liquidity is on the verge of zero.

This is a big problem, not only because of the dependency on external money funds to increase the ongoing business, but also because a possible loss of liquidity, only the idea distracts any customer.

First of all, by cutting of workforce, the big 3 are loosing most of their own vehicle customers, which consist to a large part of their own employees.

Further any other customer will think twice. Would you buy a car if you know that after purchase perhapse you wont have any warrany or spare parts for your vehicle left?

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