Nice little graphic from the US Global Investors website:
Whatever OPEC says there is a feeling that the pre-shale days are done. But perhaps more on that in the New Year.
Season's Greetings to All!
Nice little graphic from the US Global Investors website:
Someone took the trouble to quantify what most owners of small French business structures (ie under 250 employees) have known for a long time: they are getting a seriously bad deal compared to, erm, just about every peer one can think of.
The following table comes from the Vernimmen site (Letter 128, December 2014) and compares a business reporting the same numbers (ie turnover of €20m) in France as compared to Germany:
- JM Keynes, The General Theory of Employment, Interest and Money, 1936. I forget which page.
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