Monday, November 14, 2011

Carlos Slim on the world economy and Europe

Click the link below to see the interview:

http://edition.cnn.com/video/?hpt=hp_c1#/video/world/2011/11/14/ctw-carlos-slim.cnn

On Europe:"... they put current expenses, before public investments... they think they can solve the problem by austerity and will only get more unemployment... this think makes young people lose the hope in the future..."

I fully agree. People in Europe want jobs, not welfare!

One important measure to create jobs is by increasing goverment investments. However with the huge debt burden that most countries in Europe have to carry, no money is available.

This leaves us with 2 options to finance job creation:

  • Increase goverment debt
       or
  • Reduce current expenses (reduction of the number of state employees through privatisations, lower state employees salaries, lower pensions, lower welfare benefits, etc...)
I leave it to the reader, which of the above options is the more sustainable solution.


Tuesday, November 08, 2011

Youth unemployment in Europe; fuel for the next revolution



To get into the subject, here is an abstract of an article published by the WASHINGTON POST

"The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt.

The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, according to an analysis of census data released Monday.

While people typically accumulate assets as they age, this gap is now more than double what it was in 2005 and nearly five times the 10-to-1 disparity a quarter-century ago, after adjusting for inflation"

The situation for Europe's youth (even without huge college debt) doesn’t look much brighter:

- Youth unemployment rate nearly doubled from 2005 to 2011, to reach over 20% today

- Greece and Spain have a youth employment of rate of nearly 50%

- Average debt-to-GDP in Europe has increased over 80% for EU members

In May 68 the generation of our parents hit the streets and protested for higher minimum wages, higher pensions, better social security, etc… The cost of these social improvements is the debt burden our generation is faced with today. A large part of the “net worth” of the elder generation is financed by indebting the future ones. This situation is unbearable for the future.

High debt leaves European governments with little fire power for big job creation programs without even further increasing its debt, which doesn't seem to be a realistic option considering the actual situation.

With deindustrialization increasing due too noncompetitive wages in Europe, slow growth of most economies and the highest European debt post World War II, how will Europe be able to put it youth back to work?

How will governments explain their youth that there was enough money to save the global financial sector from its collapse, but that there's no money left to save or create new jobs?

The creation of jobs for the youth must become the TOP priority in Europe; otherwise this generational clash will lead into a revolution that will be far more radical and global than the one in 1968.

Thursday, February 03, 2011

Les Moulins de Kleinbettingen à la pointe du progrès

Les Moulins de Kleinbettingen viennent de sortir un packaging révolutionnaire pour la farine. L'occasion de faire le point sur les évolutions fantastiques de ces moulins ultramodernes.



Un meunier. L'image du meunier avec son béret, sa salopette pleine de farine et portant un gros sac de grains sur l'épaule est reléguée au rang de cliché pittoresque. Un chef meunier, aujourd'hui, est un technicien supérieur ou un ingénieur.

Les Moulins de Kleinbettingen sont gérés depuis 1921 par la famille (bien nommée) Muller. Meuniers de père en fils depuis 1704, les Muller ont suivi l'évolution du métier et ont réussi à créer, aujourd'hui, un moulin à la pointe de la technologie. Machines, turbines, air comprimé, vérins, dédale complexe de tuyaux en inox… Le tout est géré par l'électronique. Voilà pourquoi il faut une formation d'ingénieur ou de technicien supérieur pour superviser le fonctionnement des installations. Les Moulins de Kleinbettingen fabriquent trois produits: la farine, la semoule et les pellets destinés à l'alimentation du bétail. Ils emploient 45 personnes; principalement des chauffeurs, des magasiniers et des vendeurs. Un laboratoire est également intégré aux moulins. «Le meunier d'aujourd'hui doit connaître les machines et les circuits», indique Edmond Muller, le directeur. «Les mélanges de blés pour obtenir la meilleure farine sont en revanche déterminés par le laboratoire. Il contrôle tous les blés, à l'entrée et à la sortie du processus d'élaboration de la farine.»

La concurrence étant rude dans le domaine, les Moulins de Kleinbettingen ont agrandi et modernisé leurs installations en 2010. La construction de deux nouvelles cellules de stockage de blé avec une capacité de 3.750 tonnes chacune, la modernisation du moulin à semoule et aujourd'hui, les Moulins attendent leur certification IFS, International Food Standard. «La plus haute certification dans le domaine agro-alimentaire», souligne Edmond Muller. «Il est très important d'avoir une certaine taille pour tenir le coup aujourd'hui. Deux moulins ici à Kleinbettingen, cela signifie aussi deux métiers et donc une clientèle plus diversifiée.»

La concurrence se situe en France (à Nancy, Strasbourg) et en Allemagne (Sarre), principalement. La plus grosse partie des ventes est destinée à l'industrie (80 %), les boulangeries artisanales représentent environ 15 % des ventes et les supermarchés ou magasins, moins de 5 %. Le plus gros (65 %) de la production de farine et de semoule est exporté vers la Belgique, la France, l'Allemagne, les Pays-Bas et le Danemark.

Farin'Up, premier de sa génération



«En passant dans les rayons des magasins, nous avons remarqué que les packagings de farine n'avaient pas évolué depuis de nombreuses années», résume Jean Muller, fils d'Edmond Muller et futur repreneur des Moulins de Kleinbettingen, pour rester dans la tradition familiale. «Ces emballages fuient, la farine ne se conserve pas bien, ce n'est pas pratique. Un fabricant de sucre a proposé son produit en emballage Doypack et cela a très bien marché. Nous avons pensé que cela serait tout à fait adapté à la farine.» Cet emballage est en plastique épais, noir mat avec une fenêtre qui permet de voir le produit. Et surtout, il est doté d'un bec verseur. Parfaitement hermétique, il permet un transport, une conservation et une utilisation bien plus pratiques que les traditionnels emballages papier. Lancé mi-2010, Farin'Up a déjà remporté un grand succès en France, où il est référencé dans de nombreuses grandes surfaces. Son succès permet aux Moulins de Kleinbettingen de prévoir le même emballage pour vendre leur semoule à couscous et commercialiser aussi une farine bio. Les autres axes de développement sont l'export, avec des demandes croissantes de l'Allemagne et une possibilité de vente en Suisse, ainsi que d'autres pays. Des projets en marketing vont aussi se multiplier, avec pour commencer, le lancement cette année d'un site internet qui dispensera des conseils d'utilisation de la farine. Pas de doute, ces meuniers-là ne sont pas endormis. (PAR ANNE FOURNEY)

Sunday, January 09, 2011

Things Babies Born in 2011 Will Never Know




Video tape: Starting this year, the news stories we produce here at Money Talks have all been shot, edited, and distributed to TV stations without ever being on any kind of tape. Not only that, the tape-less broadcast camera we use today offers much higher quality than anything that could have been imagined 10 years ago -- and cost less than the lens on the camera we were using previously.

Travel agents:
While not dead today, this profession is one of many that's been decimated by the Internet. When it's time for their honeymoon, will those born in 2011 be able to find one?

The separation of work and home: When you're carrying an email-equipped computer in your pocket, it's not just your friends who can find you -- so can your boss. For kids born this year, the wall between office and home will be blurry indeed.

Books, magazines, and newspapers: Like video tape, words written on dead trees are on their way out. Sure, there may be books -- but for those born today, stores that exist solely to sell them will be as numerous as record stores are now.

Movie rental stores: You actually got in your car and drove someplace just to rent a movie?

Watches: Maybe as quaint jewelry, but the correct time is on your smartphone, which is pretty much always in your hand.

Paper maps: At one time these were available free at every gas station. They're practically obsolete today, and the next generation will probably have to visit a museum to find one.

Wired phones:
Why would you pay $35 every month to have a phone that plugs into a wall? For those born today, this will be a silly concept.

Long distance: Thanks to the Internet, the days of paying more to talk to somebody in the next city, state, or even country are limited.

Newspaper classifieds: The days are gone when you have to buy a bunch of newsprint just to see what's for sale.

Dial-up Internet: While not everyone is on broadband, it won't be long before dial-up Internet goes the way of the plug-in phone.

Encyclopedias: Imagine a time when you had to buy expensive books that were outdated before the ink was dry. This will be a nonsense term for babies born today.

Forgotten friends: Remember when an old friend would bring up someone you went to high school with, and you'd say, "Oh yeah, I forgot about them!" The next generation will automatically be in touch with everyone they've ever known even slightly via Facebook.

Forgotten anything else: Kids born this year will never know what it was like to stand in a bar and incessantly argue the unknowable. Today the world's collective knowledge is on the computer in your pocket or purse. And since you have it with you at all times, why bother remembering anything?

The evening news: The news is on 24/7. And if you're not home to watch it, that's OK -- it's on the smartphone in your pocket.

CDs: First records, then 8-track, then cassette, then CDs -- replacing your music collection used to be an expensive pastime. Now it's cheap(er) and as close as the nearest Internet connection.

Film cameras: For the purist, perhaps, but for kids born today, the word "film" will mean nothing. In fact, even digital cameras -- both video and still -- are in danger of extinction as our pocket computers take over that function too.

Yellow and White Pages: Why in the world would you need a 10-pound book just to find someone?

Catalogs: There's no need to send me a book in the mail when I can see everything you have for sale anywhere, anytime. If you want to remind me to look at it, send me an email.

Fax machines: Can you say "scan," ".pdf" and "email?"

One picture to a frame: Such a waste of wall/counter/desk space to have a separate frame around each picture. Eight gigabytes of pictures and/or video in a digital frame encompassing every person you've ever met and everything you've ever done -- now, that's efficient. Especially compared to what we used to do: put our friends and relatives together in a room and force them to watch what we called a "slide show" or "home movies."

Wires: Wires connecting phones to walls? Wires connecting computers, TVs, stereos, and other electronics to each other? Wires connecting computers to the Internet? To kids born in 2011, that will make as much sense as an electric car trailing an extension cord.

Hand-written letters: For that matter, hand-written anything. When was the last time you wrote cursive? In fact, do you even know what the word "cursive" means? Kids born in 2011 won't -- but they'll put you to shame on a tiny keyboard.

Talking to one person at a time: Remember when it was rude to be with one person while talking to another on the phone? Kids born today will just assume that you're supposed to use texting to maintain contact with five or six other people while pretending to pay attention to the person you happen to be physically next to.

Retirement plans: Yes, Johnny, there was a time when all you had to do was work at the same place for 20 years and they'd send you a check every month for as long as you lived. In fact, some companies would even pay your medical bills, too!

Mail: What's left when you take the mail you receive today, then subtract the bills you could be paying online, the checks you could be having direct-deposited, and the junk mail you could be receiving as junk email? Answer: A bloated bureaucracy that loses billions of taxpayer dollars annually.

Commercials on TV: They're terrifically expensive, easily avoided with DVRs, and inefficiently target mass audiences. Unless somebody comes up with a way to force you to watch them -- as with video on the Internet -- who's going to pay for them?

Commercial music radio: Smartphones with music-streaming programs like Pandora are a better solution that doesn't include ads screaming between every song.

Hiding: Not long ago, if you didn't answer your home phone, that was that -- nobody knew if you were alive or dead, much less where you might be. Now your phone is not only in your pocket, it can potentially tell everyone -- including advertisers -- exactly where you are.

By Stacy Johnson