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Category Archives: Current events

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“This time is different” – how bail-ins should relieve taxpayers’ money

During the Financial Crisis of 2008 taxpayers’ money was frequently used to save banks from bankruptcy. In the Netherlands ABN-AMRO and SNS Reaal were bailed out by the government for the staggering amounts of 22 billion and 3.7 billion euro respectively. Moreover, the Irish government came into severe trouble after saving their financial infrastructure from the abyss. These rescues caused governments to take the full blow, resulting in a “free lunch” for banks’ shareholders and bondholders. As a result, taxpayers (and politicians too) were disappointed in and angry with those “irresponsible bankers”.

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Is Bitcoin condemned to be the next speculative bubble?

With a market cap of approximately €87.4 billion and a current all-time high price of €5270 (Wilmoth, 2017),  Bitcoin’s price and success seem to be heading through the roof and beyond. While hitting the €1000 mark in mid-January , the price has since increased with almost 430%. Taking into account these  extraordinary numbers, the main question arises whether Bitcoin will be the next speculative bubble.

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Will the commercialization of football ever reach its limit?

Last transfer window will most of all be remembered by the transfer of Neymar from FC Barcelona to Paris Saint-Germain (PSG) for the astonishing amount of 222 million euro. Moreover, PSG paid 180 million euro for Kylian Mbappé. Both transfers pulverized the previous record transfers of Paul Pogba, Cristiano Ronaldo, and Gareth Bale, which all were transferred for a fee of approximately one hundred million euro.

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Roam no more! Almost…

The EU always striving for its greater unification and the creation of a federation of states has taken a small step towards that direction. As of the 15th of June, roaming charges that existed since the dawn of times no longer apply!

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Let’s go on holiday!

It is almost that time of the year again. Exams are over, there is no new semester to start and you finally have some free time. That’s right, it’s almost time for the holidays! Time to enjoy the summer and get some new energy before you start yet another year of school. But how do we do that? Let’s look at some of the trends in the travel industry.

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Ransomware VS Your Thesis Files

Nowadays, computers and software have become an essential part of our lives. We use them for personal purposes, for work, study and in every aspect of our public and private lives. This importance has created markets of all sorts, including black markets for harmful software aimed at gaining money at the expense of other people.