Letter from China – No: 1

19 september 2015

I have just finished my first week here at the Mandarin language school in Haikou, the capital of the Hainan Island. I have glimpsed at the striking protesters in Helsinki and read Sipila’s speech and…

Is more better?

13 september 2015

When I read stories about Donald Trump, Warren Buffet, and their fan club here like Wahlroos, Berner and Ollila, I focus on the life they lead with lots of money and many little hands and other resour…

Uncle Sam, the money man…

2 september 2015

The windows outside the Lauttasaari flat were black and it was a too wet to go for a walk. Pekka felt that it was time to make a decision about the money on their account. It was now 6 months after th…

Uber or not to Uber…

28 augusti 2015

I oppose redundant monopolies because, like over-regulation, they increase prices, and tend to deliver poor value for money, destroy entrepreneurship, and slow innovation. Monopolies do well in smalle…

Disconnecting people

27 augusti 2015

  Royal Academy of Arts sommarexpo i London är en verkligt bländande satsning med över 1 100 målningar och skulpturer, huvudsakligen av brittiska konstnärer (vem behöver väl Guggenheim?). Fantastis…

Fennovoima…

6 augusti 2015

I was involved in the financing of all of Finland’s existing and coming nuclear plants in my work as a banker over 45 years. Imatran Voima’s 2 plants in Loviisa were planned and built in a very differ…

Silence is golden..?

26 juli 2015

Pekka Vataja wrote an excellent piece in HS this week about Finland blind’s support for Greece. Looking at the financial crisis regarding Greece, Spain, Italy and Portugal, the main creditor banks wer…

Do to others as you would have them do to you

20 juli 2015

I am back now from the Dolomites, after having seen that Northern Italy is doing very well from tourism. German and Italian Mercedes, and other big cars filled all the parking spaces, and the motorway…

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