“I work as an escort in London’s Canary Wharf. Do you have any sound business advice on how workers in my industry should tackle the sudden drop in demand following the recent collapse of Lehman Brothers?”. This was a question I read in Financial Times newspaper, on Sunday 5th of October, in the weekend’s edition. The column is called “Solving readers’ dilemmas with the tools of Adam Smith” and the answer was quite funny but the third proposal by the journalist Tim Harford was the most interesting of all: “You may find that escort services are a little like estate agency, in that [...]
[relevant-to-adsense]A Solution is needed: Dealing rooms have become “panic rooms”
Filed Under: Uncategorized on Oct 20, 2008 @ 12:09 PM
Isn’t very weird? Last week I was telling you that the fair price of Leu should be 1 euro / 4,5 leu. Today I will tell you that either mr Isarescu will do his miracle again, or sooner or later Leu will drop down in a violent way. (In my opinion, as I already have stated many times in the past too, the Governor of the National Bank of Romania, mr Isarescu, is a key factor of stability in Romania all these years). Last week the Romanian currency disappeared from the market. As it was announced in a conference, this happened so as to prevent speculators from gambling against it. But now we have [...]
[relevant-to-adsense]Real prices will go up / Artificial ones will go down, aggressively
I am tested, these are my answers (part 3) This is the last part of my answer to the reader who challenged me. If you want to see the first part of the answer, together his comment and questions, press here: http://http://www.iliaspapageorgiadis.ro/english/?p=152.If you want to see the second part of the answer, press here: http://http://www.iliaspapageorgiadis.ro/english/?p=153 Don’t get confused: The are two categories of properties I hope you got my point for the economy of the country and my proposal for the future. Let us go now to the Real Estate domain. Last year it seems that I [...]
[relevant-to-adsense]Romania still doesn’t have any Competitor in South Eastern Europe
I am tested, these are my answers (part 2) Today I continue my reply to the reader who challenged me. If you want to see the first part of the answer, together his comment and questions, press here: http://http://www.iliaspapageorgiadis.ro/english/?p=152 The fundamentals of Romanian economy are healthy Let us talk about the trade deficit. Please find for me a country which does not have this problem, except China, Germany and few more. USA and almost all European countries are in the same direction since we know this world. Especially Romania requires a deficit, so as to invest and catch [...]
[relevant-to-adsense]Leu should drop to 1 euro / 4.5 leu
I am tested, these are my answers… (part 1) Leu should drop to 1 euro / 4.5 leu My friends, I think you have overestimated me a little bit (or a lot). I am a high school graduate, without any university degree at all and I have received an email by a technical analyst, who really challenged me. I will do my best to reply to him (and together with him to all of you), but I will ask you to be gentle with me, because I will try to tell you truths that Romanians don’t like listening to (exactly as Greeks never like to hear their truths too). So, the comment I received was: “Well, it looks [...]
[relevant-to-adsense]Gossiping 2
A really successful businessman… Sunday afternoon, in Radu Beller area, Bucharest. The coffee places are half full, thus lots of parking lots are available. A young guy leaves driving his Maybach (I guess he wanted to feel more secure, this is why he bought a 600.000 euro car – hopefully not by leasing…) and now there are three available parking places. Two seconds after, a big Mercedes illegally turns left and now it is in front of the three parking plots. After mature thought (I guess), the driver chooses to reject all three and to park his car exactly where is the line of pedestrians, [...]
[relevant-to-adsense]Gossiping…
Filed Under: Uncategorized on Oct 13, 2008 @ 11:48 AM
The closed Stock Market and the scenarios… On Friday the Stock Market of Bucharest did not open, it remained closed. I didn’t notice in the news if it was announced or not, but my friends who know a lot tell me two versions of a similar story (Ofcourse I wasn’t present, I can not be sure): One told me that the Market didn’t open at all, because there were 0 biddings for stocks and the authorities were afraid to open it, as all the prices would be at limit down. The other one informed me that it didn’t open but during the day there were few biddings. People with experience of several [...]
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Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
The best conference for Real Estate in Thessaloniki
If you will be in Thessaloniki today, don’t miss it! 3rd PANHOL Real Estate Forum: The best conference for Real Estate in Thessaloniki Today PANHOL group organizes the 3rd PANHOL Real Estate Forum, a conference for the Real Estate market in Greece and the Balkans. PANHOL is one of the most serious Greek developers, belonging to a family that is an example of seriousness and hard work. The conference will take place in the leading hotel of the city “Makedonia Palace” and it is expected to gather all the experts of the local market. Having an excellent name in the market, the organizers (especially [...]
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