
Hey guys!! This is my fifth Blog and first of all I want to thank all my followers because my last Blog had the most viewers so far. This Blog comes quite quick after my last Blog because I have an other re-examination, so I don't have time to study and to write Blogs at the same time... So to start I will talk about the differences that still are in our world. I think all the people who read my Blogs are civilized people. We all have a cellphone, a personal computer, a house and a home...But I was reading The Economist today where I read a quite bizarre article. There is still a enormous difference in wages and in purchase power. The UBS , a Swiss bank, has compared the minutes which people, in different countries, have to work before they can buy a same standard item. A beef-burger. First of all, as pescotarian I discourage people to buy Big Macs, but that doesn't matter right now. The results were very stunning! Chicagoans and the residents of Tokyo and Toronto only have to work 12 minutes before they can buy a Big Mac in their local McDonald's restaurant. By contrast, employees in Mexico City, Jakarta or Nairobi have to work almost 160 minutes to buy a burger. In that time Chicogoans can buy 10 burgers!! I also don't know how to solve this difference, but as blogger I have to talk about such items although I can't change the world. But like I already said one's I can't change the world but maybe I can change some people's view on it....The only thing I can do is to advice people to go on holidays in those regions because tourist boost the economy. My second item is also economy-related. Barack Obama nominated Ben Bernanke as chairman of the Fed. His first term does not expire until next January but Mr Obama already made his decision. I think it is a very good decision to put Bernanke back at the top because of 2 reasons. First of all, Bernanke survived the worst financial crises since the 1930s. So I think when there would be an other financial crises Mr Bernanke is THE man to know what to do. Second, When they replace Mr Bernanke who would they take? Of course there are full successors. Their choice would be a democratic. I think it isn't the right moment to merge politics and economy in this stadium of the crisis. They economy is reviving so it's better to concentrate on the evolution of the crisis instead of to discuss whether it would be a democrat or republican...So that's it for today! See you soon! And remember: Go crazy but be informed!
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