Daniel's professional journal and project's overview

The financial crisis paralysed Greece. The state is nearly illiquid and threats to lower the value of the Euro – but German Banks hardly see the problem for all EU-States. They’re now betting on Greece’s bankruptcy and aggravate the crisis for Greece, the Greece people and the EU.

In the financial sector knows how to moe money: there is an index, called the “iTraxx SovX Western Europe Index”. It was introduced by the Markit Group of London in September 2009. This index represents the thread to investors and creditors that a state is unable to pay back the money to them.

Now German banks leading the way to invest in Greece bonds and they’re pushing the “iTraxx SovX” index – so the interests a rising and the situation for Greece seems to be more threating than it may be. So the interests rise more and the vicious cycle is getting deeper and deeper.

To the banks the thread is not very high, because the states of the EU and even so Germany, have to save Greece in case of an illiquidity. So banks can invest into bonds with low risks and high outcomes.

It’s about 24 000 000 000 US-Dollars: Only German banks invested over 24 Billion US-Dollars, or 17.9  Billion Euro, into Greece’s illiquidity:

  • 9.1 Billion Euro / 12.33 Billion US-Dollar invested by Hypo Real Estatea bank just remained becomes taxes over 100+ Billion Euros was given from public money
  • 4.6 Billion Euro / 6.23 Billion US-Dollars invested by Commerzbanka bank even just hold by public taxes
  • 2.7 Billion Euro / 3.66 Billion US-Dollars invested by LBBWthe regional bank in Baden-Württemberg
  • 1.5 Billion Euro / 2 Billion US-Dollars invest by BayernLBthe regional bank in Bavaria

The speculations on Greece’s illiquidity is “It is, like a fire insurance for the neighbor’s home.” said Philip Gisdakis, Chief Consulatant for credits at the bank UniCredit, to the New York Times. “You offer an enticement to burn it down.”

Now the Wall Street Journal reported that more and more Hedge Fonds are betting Euro ist getting the same, lower value the US-Dollar is at. That is one more parallel thing to 2008’s crisis. Big Hedge-Fonds are betting on a falling Euro value and so they’re encouraging others to do the same. These insider trades were exactly the same in 2008 with Lehman Brothers.

The used bonds are Credit Default Swaps (CDS): they’re betting some institute cannot pay back the money to investors and creditors. Swaps take money in currency A and invest it into currency B. After a time the change is redone and if A if fallen in value you benefit from that. The value of the Euro fall in the past about 10% and it may become a lot more. It may fall even 26% more from now.

Time will show whether these investments were clever or not. But even today we know: they are at the expense of Greece and the people living in the EU. The scenario is quiet the same like 2008 before the collapse of Lehman Brothers.

Sources:
(1) Spiegel Online
(2) New York Times
(3) Handelsblatt

Please Rob Me!

The internet is a place to communicate. Some people like to talk to their friends, family, relatives, followers, distant friends and other people in their community. But some people publish any information about anything: whether it’s about what they are doing or what they’re thinking. Some “news” really don’t matter at all: nobody wanted to know they are on the toilet, yet.

Now a simple service from the Netherlands came up on the internet: PleaseRobMe.com. PleaseRobMe only combines two information streams: Twitter.com and the internet game, often used be Twitter users, Foursquare. Foursquare provides infos about the location of the user and via Twitter you can see what they’re doing right now (1). This goes out to all the Twitter-oholics out there can’t stand to shout they’re all-day doings. But some of these are a little more interesting than though: talking about entering the taxi to get one’s flight is a very dangerous. Burglars can use these information to rob the flat.

Often the Twitter-users send a lot of information all day – most of them are trivial. But if one’s just sending in a rush, and may not thin about these “news”, one cannot detect whether this information is more secret than though or not. So this behaviour it-self is responsible for the secrets published, not the user him-self – he lost his locus of control a few days, weeks, months ago. And a research found out that over more than 77 % of all information on the internet about a person are true – if they’re not provided by somebody else. They found out that (only) 23% ever did made a false statement about themselves on the web 2.0 (1). Combined with the amount of data on the net you can say that one can find out a lot about people and their behaviour.

Another study assumed that the use of profiles from mobile phones can be used to determine and predict your behaviour now and in the future. They tested it and it was correct: in up to 93% of the cases. Most people spend their time in a few places. It’s easy to predict and observe your behaviour. It does even not varie between women, men, age, living area or ethnical groups (2). So it’s easy for robbers to evalutate an easy target when there’s a late status update via iPhone app: taking plane to…

If you’re about to board your plane to go on a flight and just check your mailbox and twitter a news before you’re “left stranded” – without the internet. So anybody knows you’re a longer time away. Now your Facebook, Twitter or any other social network may provide information about your home: where it’s at, are you living in a relation ship, what job do you have. Now anybody may know: what kind of travel is it, is there anybody home, is he or she rich and where to go to?

Five years ago anybody told you not to use your full, real life name on the net. Now we’re a lot farther and we may not reached the top: there are even more people getting access to the internet in the comming years. Without loss of generality older people and people of any age in the third world countries are about to get access to the internet. And people are about to use more than earlier the internet: mobile phones and netbooks making the internet ubiquitous.

So take care what kind of information you provide on the internet and don’t let anybody anything know. It’s far better only to talk to friends. But not to all the 461.395 are worth knowing that!

Sources:
(1) Spiegel Online
(2) heise Telepolis

Here’s some piece of advice. If you’re thinking about switching to a Mac or if you’re a Mac user about to renew your platform pay attention: Macrumors’ buyer’s guide for Mac products indicates that some Apple products are late in update cycle and new updates are expected. The most expensive articles in Apple’s assortement are not the latest, yet.

  • The Mac Pro is in average updated every 236 days: but now it’s got no updates since 342+ days (+45%).
  • The MacBook Pro is 45+ days beyond it’s average updates cycle of 200 days (+23%).
  • Especially the Cinema Displays are since 1041+ days the same – “normally” the’re getting updated every 230 days (+353%).
  • Even iPhone is affected: in common it’s renewed every 178 days but like the MacBook Pro it got since 245+ days no updates (+38%).

All of these four articles got from Macrumors the status “Don’t buy – updates soon.” MacBook Air and Xserve are just close to it’s updates cycle end. So Macrumors says: “Buy only if you need it – Approaching the end of a cycle.” Generally the iPods are just new and may last until summer 2010. iPad of course is not affected.

On top of that Apple’s marketing makes Geekbench.ca release some benchmarks on the new MacBook Pro with Nehalem CPU. It’s way faster than the current ones and got Mac OS X 10.6.2 (Build 10C3067). Maclife.de does not predict a release this Tuesday but may be between 11th and 13th February – at the Macworld in San Francisco. Even if Apple does not take part…

Insiders report that in Apple stores and at resellers stocks of MacBooks are running short and raises are delayed. So we may get new Macs and iPhones within spring 2010. So if you ever plan to buy Apple products make sure you’re up to date and keep watching Macrumors’ buyer’s guide.

“If it is to be, it’s up to me!” Windows search is even with Locate32 or Everything, look this article, not the best. Finding content in compressed files is impossible because these tools cannot decompress it first. So I make my mind about starting a project when time’s not as short as these days. The project may implement compression algorithms in Locate32 so I can find content in PDF, MHT, CAB, ODT, ZIP and GZIP files. The compression method used is Deflate. Text string within PNGs and TIFFs are even found – but quiet often this is useless because the lack of OCR techniques.

MHT is a web archive implemented in Opera by default and in Mozilla Firefox as additional plugin, called “UnMHT“. ODT is the default text document standard for OpenOffice files and CAB, ZIP and GZIP are containers for files and folders compressed with loss less quality.

This project is required to be written in C++ according to use the existing sources. Whether the result is free, open source or being merged into Locate32 is being decided when done. Interested programmers are welcome to apply for this project. I would like to work with eager programmers from all over the world. On top of that I would like to hear what value this means for the so called average windows user. Even if there are other interesting features missing, what surely will be, send me an eMail describing the problem and I will have a look at this and make a study off that.

Thanks for your interest and feedback.

istronauts

The istronauts are generating ideas for enterprises and good will companies. At first we’re still in learning progress. For our final milestone an enterprise we support by generating business ideas is on it’s way.

If you wish to get generated ideas contact me or go to Zephram. Either will provide you with generating, sorting, clustering and finding final business ideas for your strategy.

Java Sources

Java Source delivers an adequate overview over existing OpenSource projects and solutions for professional and personal use. You can find solutions as software by name and by topic. Even similar projects are shown and the search functionality finds projects by names in the description.

You can find projects that are not very far developt as well as prospered insider tips. If you like to develop Java software and don’t know, wheater things are possible or not look here to find solutions, code snippets or software ready to download.

Even Windows XP and Vista can split windows for effective working. Watch how to do that:
Window Splitting Feature in XP & Vista (German voice)

Working with Windows file search is hardly easy: even the responses and the quality of Windows 7 is good the file indexing is not very comfortable. I did not find out how to search in one subdirectory or how the “index” is build. Windows just traverses the whole disk or all hard drives reachable when searching. That’s the point I ask: “What use is the index service letting the disk rotate and spin on and on while I want to work?”

Mac OS does this better and finds files and folders quickly and accurately by using a local database that’s ‘ve been initialised. I made one video series off that to demonstrate searching and, before all finding, files on large data stores is possible withing very short times.

See my video one and
consecutive the second one. (Either German voice.)

I think about writing a Java app that does Mac-OS-like file handling on Windows: searching, indexing and backing up files without lifting a finger. This app should traverse the master file table (aka TOC – “table of contents”), updates it’s database. So a very fast finding in very large data stores is possible. On top of that this app should index PDFs, ODTs and other text-based formats thats compressed using Deflate or (G)Zip algorithms.

This plan is inspired by “Everything” (Voidtools) and Locate32 (Locate32) If you’re interested in co-developing this app or want to know more about my plans, know an app thats like this or it’s later availability: write an eMail to me. I would like to be contacted for that.

Hello world!

Hello World! This site has been started now. Posts will follow if time is left for that. I’m sorry.

This is me, Daniel. I’m an eager student in business computing (“Wirtschaftinformatik”) at University of Magdeburg, Germany. This time I’m in the third semester. While learning, living and exercising at faculty of Computer Science I like to meet people and write Java Apps.

This website is hosted in Italy on a server even providing SVN for my projects. Code is poetry.