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Hi all,

I took some time during the holidays to catch up on several interesting articles about the financial crisis. I have to say, one man always hits the nail on the head: Mr. Thomas L. Friedman.

His book.

I’m still reading in his book ‘The World is Flat’, describing how the world of business works today, it explains it all including why and how India is into the boom.

His column for The New York Times.

Now I’ve found his column on the NYT website. Again, he amazes me with a very clear, detailed and simple explanation why things are happening, and in the end. . . . how serious it is.

One example is the following; a view on the Ponzi Scheme Mr. Madoff has on his name:

“I have no sympathy for Madoff. But the fact is, his alleged Ponzi scheme was only slightly more outrageous than the “legal” scheme that Wall Street was running, fueled by cheap credit, low standards and high greed. What do you call giving a worker who makes only $14,000 a year a nothing-down and nothing-to-pay-for-two-years mortgage to buy a $750,000 home, and then bundling that mortgage with 100 others into bonds — which Moody’s or Standard & Poors rate AAA — and then selling them to banks and pension funds the world over? That is what our financial industry was doing. If that isn’t a pyramid scheme, what is?”

Check the full article here.

Europe.

Friedman describes the situation in China and the USA, but we europeans are in the same situation and the bad news is many of us don’t realize it.

Icesave, Fortis . . . want more examples?

People wake up, the financial system is bankrupt and we will feel the consequences in 2009 (and after). Hopefully your company is strong or smart enough to survive but it all starts with the people on the street!

If you believe you should drive a car you cannot afford, of live in that big house which is simply a little bit to expensive. . . . . . . don’t you see it? I’m getting SICK of all these advertisements for more ways to lend money . . . are people really this stupid? Stop this please!

I still remember the day that I discussed our mortgage; the advise:  why not put it into an investment scheme? “We made an average of more then 8% over the last 5 years”, I still hear the guy talking. . . “sir, off course it’s save, look at the history”.

I did put money into that investment, not the whole sum but only 1000 (so I could see if I was right) and guess . . It’s down the drain today, 8 years after my discussion with the advisor. Not only the US has an issue, the European balloon also emptied within a flash second.

We need a reset, and the only way is to feel the pain.

Unfortunately some people will suffer more than others and I guess your expensive car, large house doesn’t help in this situation.

We are overspending, simply buying too much, too expensive . . .  too stupid?

Who to listen to.

Now tell me WHY did Alan Greenspan not see this coming (wasn’t he the man who knew it all)? It looks like a cheap childrens game: now it’s here, and now it’s gone . . .

In my eyes, two people who get it:

Adam Curry (listen to his podcasts, he invested in GOLD).

Thomas L. Friedman (read his book, and collumn and try to find your way to survive).

Happy 2009

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We had an excellent trip to Iceland, the land of water, wind, fire, glaciers, the basics of life.

During the trip I started to read a book: “The World is Flat”.

Already the way I bought the book is amazing; I met a man and his son during a trainride from the airport. He was visiting ‘Den Haag’ because his son was playing football and he was invited to train with the ‘Den Haag’ team. Pretty cool for the guy!

The we’ve discussed ‘the world’ today and he pointed me to this book. I felt I had to read it and bought it the same week.

Then starting the holidays to Iceland I began reading, I’m not finished yet but I tell you: this is amazing.

Thomas Friedman, the Pulitzer Prize winning author of The Lexus and the Olive Tree, attempts to take readers through “A brief history of the Twenty-First Century”. He explains in a full detail how the world has changed over the last years, pushed by the internet, netscape, optical wires etc . . .

I realise that the world indeed gets flatter every day.

Order it, read it and realize this guy is totally right!

Don’t take it too serieus, but somehow this guy is right.

I think every human being should look at the following at least once in a lifetime;

http://www.basvanbreugel.com/the-question

Hi folks,

The year started as the old one ended: busy with work, and a lot of projects to finish!

New Initiative.

Besides this busy time at work, my and a friend will launch a new initiative soon 😉

Stay tuned for more news!

OneNote.

Secondly, I’ve starting to use MicroSoft OneNote and I tell you: what a supertool!

I now use it for all my notes, testfiles, to-do lists etc . .

Try it!!

Bas

May 2008 bring you all the best, and most important health!

Bas

This is an interesting guy. He is not only talking about the basic of design, but this maistro goes deep into the roots of human life.

Listen to him and decide for yourself if he is a genius.

http://www.ted.com/talks/view/id/197

And another similar talk done on leweb conference.

http://portal.vpod.tv/leweb3/392219 

His homepage:


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