
Geoff O’Reilly
I'm an early baby boomer. Australian. I've watched the world change. I don't claim expertise in anything in particular. Yes, I have a couple of dusty old university degrees on the wall, seen big business from the inside, been a business entrepreneur for 30+ years, raised capital, employed 1000+ people in a dozen or more countries, dealt with lawyers and governments, travelled, watched TV and read a lot. I rode the IT boom/bubble that burst in 2000. Made a bit and lost half of it: so I understand risk and acquired some wisdom. Enjoy the blog.-
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Tag Archives: unemployment
Approaching a market top?
A weird complacency seems to have settled over Wall Street. Stock prices are at a record. The S&P 500 broad index, currently at 1950, is remorselessly approaching 2000. It’s been climbing with hardly a pause for breath for more than five years. That’s … Continue reading
Posted in debt, financial markets, risk
Tagged bank behaviour, China debt, delusion, Dubai, economic growth, Federal Reserve, unemployment, Wall Street
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Phantom recovery
Highlights from yesterday’s US Government press release on jobs: unemployment down in one month from 7% to 6.7%; 74,000 new jobs created in December. Sounds OK doesn’t it? The economy must be recovering … (Wall Street rose a bit on … Continue reading
Posted in employment, tough times
Tagged BLS, delusion, economic growth, employment, Federal Reserve, jobs, unemployment, US economy, Wall Street
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Politicians under pressure … democracy tested
Five or more years past the global financial crisis we are seeing more big trends that show just what a tipping point 2008 was. In 2008 and 2009 many changes were obvious: falling stock markets; falling prices; wealth destruction; massive … Continue reading
Posted in politics and leadership, power and democracy
Tagged economic growth, elites, government, politics, unemployment
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Freelance work
Last week saw the listing on the ASX of Freelancer Ltd It caused some excitement in the business media because the 50 cents shares shot up to $2.60 when the shares first listed last Friday before settling back to $1.60 … Continue reading
Knowledge work
What a week! Lightning strike. Without computers, the internet and phones, we were crippled. So, no alternative but to call in the “techo cavalry” and put in huge hours and effort into restoring the infrastructure of the business. After almost … Continue reading
The pain in Spain
The 2013 Spanish peak tourist season ended in September. And, as a consequence … … the number of registered unemployed in Spain went up by 87,000 in one month between September and October. Data published last Tuesday by the Ministry … Continue reading