Monthly Archives: November 2010 - Page 2

China, North Korea and South Korea

Welcome to another episode of “Crazyness in the Koreas!” Recent activities are probably less issues of conflict and war than:
1. a show of political and military strength of the young successor to the North Korean dictator and
2. a show of political and military strenght of China who will likely evolve as gaining even more credibility in the region.

Does North Korea think they would survive longer than the blink of an eye if South Korea or the United States really wants to shut them up? No, they aren’t that insane. They are simply looking to ruffle feathers and perhaps extract a few billion dollars of financial aid from the political machine in the United States which is obviously very comfortable shelling out taxpayer money to gain personal political power.

Ireland gets bailed out!

Yet another European Union country gets bailed-out. A major news source titles their headline as Ireland “Wins” $113 billion in aid. However, that’s like putting lipstick on a pig. A more appropriate title would be “Ireland Delays Total Economic Collapse.” Well, now that Wall Street’s shallow mind set has been ‘satisfied’ it will now focus attention on Portugal, Italy, Spain and others. Sooner or later, everyone will realize these bail-outs are simply “kicking the can down the road.” At some point, the music will stop playing and there will not be enough chairs left. Good luck Ireland!

Direct public offerings

A direct public offering is a method by which a private company can become publicly traded without an underwriter or investment banking firm. Generally, a dpo is great for companies who don’t need investment capital and want to go public to capitalize on the many advantages of going public.