Deutsche Bank reported a first net profit since 2014
Deutsche Bank (NYSE: DB) reported a net profit for 2020. Obviously it’s expected that bank will post yearly profit, but…
Zero euro banknotes review
Detailed review of zero euro notes already available in my YouTube channel. Link below. I give answer on key questions…
Indian economic recovery after 24% drop in GDP
Indian economic recovery will be impressive because country could not continue to live in lockdown regime. Number of coronavirus positive…
Morganization
Have you ever heard about Morganization? No? J.P. Morgan created monopoly in 3 major industries (railroad, electricity and steel) and…
The RealReal luxury resell business details
The RealReal is online & offline marketplace for authenticated consigned luxury goods (apparel, handbags, shoes, jewelry, art pieces, etc). Company…
Top 10 countries by number of billionaires
Data about number of billionaires varies from source to source. According to Wikipedia top 10 countries by number of billionaires:…
WeWork’s unicorn debacle
WeWork IPO officially canceled because of crazy high valuation & debt. I was quite surprised to read Form S-1 filed…
What is secured credit cards?
Secured credit cards popular among customers with bad credit score. It could be useful tool to build or rebuild credit…
Negative Interest Rates Policy with examples
Need GDP growth? Make people addicted to shopping and saving less. Why? Because it’s the way how modern economy work.…
How to lose money from your savings account?
One of the worst but most used way is to store your wealth in cash (bank account). It’s wildly popular…
How banks make money on your debit card
Debit card is like plastic money without need to carry cash. Every time swipe, you use funds which already available.…
How banks make money on your credit card
Credit and debit cards look similar but influence differently on wealth utilisation. Credit cards issuing companies mastered a few main…