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Business intelligence Current economic problems

Explore the current economic problems, including the burst of the dotcom bubble, the rise of the derivatives market, and the impact of the Internet. Delve into possible solutions and long-term strategies to address these challenges.

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Business intelligence Current economic problems

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  1. Business intelligenceCurrent economic problems M. Gams

  2. A short chronology 1999 The dotcom bubble bursts2000 Greenspan persuades US legislators to disable the federal agency to regulate the market of derivatives2001 Mortgage-lending starts to soar2003 after 9.11. Greenspan cuts recession with interest rates to 1%IS - all the time, the Internet makes one single global market, everybody watching each other

  3. The derivatives market - “pyramid game?”- 600.000.000.000.000 $, world doubling every two years the last decade, real value 15, as US economy

  4. The core problem- the belief that the market will regulate itself, even the soaring derivatives- the rise of the internet, informing enhanced the herd behavior- They had to know what they were doing!!! Predicted by several scientists.- No or minor punishment to the establishment (banks …)- Is this crises deliberable to increase profits of the greedy elites?

  5. The problem now- Problems persist, Euro problem persists- Austerity measures hamper growth- Interest rates in beneficiable for the banks- No simple solution in sight

  6. Possible solutions- Increase inflation to 5%- Write-off some depth- Print more money?- Long-term solutions: neoliberalism problematic (stopping population): in the last 30 years 99% in USA +5%, 1% +300 percent demographic, pension reforms, reforms of the social order (social capitalism)oil – energy – ecological problems

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