Monthly Archives: September 2009

And the winner of the crisis is…

It seems to be the confirmation that the international crisis will hit the most fragile economies. Again and again. And the confirmation comes from the study of… a financial organization ! It is a very interesting study that the analysts of UBS just published. The report talks about the prices and earnings in the biggest cities in the world. Those days the only statistics that the media have highlighted is the “big mac stat”, i.e. how long people have to work to buy a Big Mac. Good standard but it is not the only one in the study. Continue reading

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