An expert on risk management told me some interesting statistics on the amount of money people in different countries had stored in Icelandic high-interest accounts. In the UK and The Netherlands a significant amount of people had much more than the government guaranteed limit of money in their account. With the risk of losing this. In Germany, less than 1% had this. Anyone who claims there are no cultural differences in Europe should think this over.
About Willem
Willem Boersma was trained as a chemical engineer, works in software development and is interested in new technologies. He believes that the Dow Jones saw three periods of more or less continuous rise in the 20th century. From 1900-1920 because of developments in transportation. From 1945-1965 because of developments in productivity. And from 1985-2000 because of developments in information technology. He is convinced that the next rise will start somewhere around 2015 and will be due to developments in sustainable technology. Until that happens, he is looking for evidence of the opposite.
