Leonardus Widjaya

26 Flips | 2 Magazines | 1 Like | 12 Followers | @leonardusaja | Keep up with Leonardus Widjaya on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Leonardus Widjaya”

Borrow to invest? Maybe just this once

The stock market's much-anticipated next correction will briefly open the door to an investing strategy that is almost never a good idea.<p>Borrowing to invest – a.k.a. leveraging – is the definitive case of an idea looking good on paper and too often turning out to be disastrous in real life. Only …

Investing

Europe has 'long, agonizing' and 'slow' recovery ahead

The eurozone is still in denial about the threat posed by low inflation and risks drifting into global irrelevance unless it makes structural …

Indonesian Finance Minister Interview: The Economy Stalled Because We Wanted It To

Last May, when Ben Bernanke made unexpected comments about tapering and set off a brutal sell-off in emerging market assets, nowhere in southeast Asia was more badly affected than Indonesia. Named as a member of the so-called Fragile Five – a group of countries that had both budget and current …

Ekonom nilai the Fed keliru tentang pertumbuhan

NEW YORK. Saat ini, the Federal Reserve dinilai memiliki satu catatan penting yang harus segera di atasi. Yakni, ekspektasi pertumbuhan ekonomi the …

The Over-Caffeinated Economy

The U.S. economy seems sluggish today, but ironically, it may also be over-stimulated. Like someone who has had too much caffeine but is on the last reserves of strength, the economy is showing some effects of fatigue that more stimulus might just make worse in the long run.<p><b>A growing addiction</b><p>In …

BAN ALL THE BANKS: Here's The Wild Idea That People Are Starting To Take Seriously

Economists have begun seriously discussing the idea of banning banks. That seems ridiculous and far-fetched, but the idea might not be as crazy as it sounds.<p>But before we get to the idea, there's something important that needs to be addressed, which is that people tend to have a gross misconception …

Bitcoin Exchange Vircurex Battles Insolvency

The implosion of Mt. Gox has been widely heralded as a sign of a new era of Bitcoin companies, but there are still examples of the unpredictable and shady side of the cryptocurrency world, as developments at Vircurex demonstrate.<p>The Beijing-based virtual currency exchange is much smaller than Mt. …

Is Abenomics About To Fail?

The Prime Minister of Japan has a radical agenda. Break Japan’s death spiral. To do this he must first break the deflationist stranglehold of Japan’s government institutions and then drive inflation to tip the balance of society’s allocation of resources from the old to the young.<p>It looks like he …

Bitcoin steps up from sandwiches to villas

Acceptance of bitcoin, a sometimes maligned virtual currency, has stepped up from small transactions for sandwiches and online dating to what may be …

Cryptocurrency

US Profit Growth Is Much Weaker Than Reported

There is more than one way to measure growth in corporate America. The preferred measure is net income, which is informally referred to as the bottom line.<p>"At first look growth in US net income last year looks remarkably good," wrote Societe Generale's Andrew Lapthorne. "With nearly all S&P 500 …

Ethical investments: Zoe Williams' DIY money manifesto

This week, the chief executive of Barclays, Antony Jenkins, explained the rationale behind a £200m increase in bonuses at the bank, despite the fact that profits had fallen. There had been resignations at the bank the year before, when bonuses had been cut. He feared a "death spiral". Nobody wants …

Dow flirts with 17,000, but most people missed the ride

The Dow Jones Industrial Average DJIA, -2.34% is a hair’s breadth from crossing the 17,000 mark. But is that really reason to celebrate?<p>The sentiment …

No government rescue as first Chinese company defaults on domestic bonds

A solar-panel manufacturer has become the first Chinese company to default on domestic bonds, in a watershed moment for market forces in the world's second largest economy.<p>There was no sign of a last-minute government rescue for Shanghai Chaori Solar, after the firm failed to repay the bulk of an …

Canadian, World, Politics and Business News & Analysis

Berita Dalam Negeri dan Internasional Terkini

Puluhan siswa siswi kelas X dari SMK Negeri 1 Bumi Agung Lampung Timur mengadakan kunjungan ke Kantor Redaksi Okezone.com.<p>5 Maret 2018<p>Sebenarnya, di …

It Is Time For 401(k) Default Investment Options To Provide Lifetime Income

Perhaps the single most important change in U.S. retirement policy so far in the 21st century was Congress’ decision to encourage 401(k) and other defined contribution plan sponsors to automatically enroll employees in their retirement plans. Academic and industry research has consistently shown …

Warren Buffett Has Some Incredibly Specific Advice For Where The Average Investor Should Invest

"This year, he shares some news that even you, the poor average bastard, can use," wrote Gawker's Hamilton Nolan.<p>That blunt language may seem aggressive, but it may actually be exactly what readers need.<p>In a post titled "Warren Buffett on How to Invest Better Than Warren Buffett," Nolan points to a …

Mt. Gox Confirms Loss of 750,000 Bitcoins

Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. Today, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt. Gox had disappeared in February.<p>This …

Warren Buffett's company reports rise in fourth-quarter earnings to $5bn

Warren Buffett’s company said Saturday that fourth-quarter earnings rose 10% to nearly $5bn (£3bn) as its insurance, rail and energy businesses generated major gains in the improving economy.<p>Berkshire Hathaway’s insurance companies, which include Geico and General Reinsurance, reported a $394m …