Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans


Hallmark Christmas films

I've been watching Hallmark Christmas films again on Amazon Prime Video. Yes, these films are entirely predictable. Yes, some actors are out of their depth. Nevertheless, I love watching those scenic locations (eg, countryside, snowy mountains), and their cosy, farm, and/or majestic houses. Hallmark films usually show rural America which is indeed quite different...

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Brazil: 45% in poverty, yet only 50.9% for Lula

I don't really understand the outcome of the 2022 Brazilian general and presidential elections (Wiki). At least 45% of the 216 million people live in (extreme) poverty (source). Nevertheless, only 50.9% voted for Lula. An ironic explanation is that the more wealthy citizens become, the less likely they will vote for Labour-Left. The same trend is visible in Europe,...

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Analysis: Decade of central bank largesse haunts taxpayers as losses loom (Reuters)

Reuters: Analysis: Decade of central bank largesse haunts taxpayers as losses loom By: Francesco Canepa Date: 25 October 2022 "Summary Central banks to make losses as rates riseTaxpayers on the hook if bailout neededPressure mounts to cut interest payments to banks FRANKFURT, Oct 25 (Reuters) - For more than a decade since the global financial crisis, central...

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Nationalism is more than its many “njets”

Globalism has a simple vision: more prosperity. This vision worked (very) well for the "happy few" but not for all. Hence, dissatisfaction with globalism caused a fertile ground for nationalism, including its ultimate act: Brexit (2016). Brexit's utter failure serves globalism well. In my view, nationalism could work. A recent article in The Conversation states that...

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The Global Economy Enters ‘Eye of a New Storm’ (Bloomberg)

Bloomberg title: The Global Economy Enters ‘Eye of a New Storm’ By: Simon Kennedy Date: 3 October 2022  Shockwaves Forget Nike Town. It’s more Nike down, these days. Shares of the sportswear giant plunged the most in two decades last week. The main reason was a 65% surge in inventories during the fiscal first quarter through August. But the...

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Balancing competition and cooperation (3)

The 1978 term "winter of discontent" is popular once again, for various reasons (eg, 2021 global energy crisis, 2022 food crises, 2021-2022 global supply chain crisis). Citizens blame their governments (eg, DutchNews). The EU blames the national governments for acting late or not all (eg, Wiley, T&F online). Balancing competition versus cooperation is hard. See...

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