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ABS Blog

The Currency Wars

The Currency Wars

Published : 22 Dec 2015 Author : Harry Notaras Comments :

Two good jobs reports, one in the US and one in Australia have exposed the economic war that is being waged around the world. It is a war between currencies that is out of the hands of government authorities and is fought in the battlefields of the foreign exchange markets.   Whereas [...]

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The Tyranny of Distance replaced by the Seduction of Depreciation

The Tyranny of Distance replaced by the Seduction of Depreciation

Published : 21 Dec 2015 Author : Harry Notaras Comments :

Many years ago the Economist Newspaper came up with a novel method of assessing the fundamental strength of a countries currency relative to that of other countries. The underlying premise of this assessment was that whatever the local  currency price of a certain good or service was in country [...]

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Working Coffee

Working Coffee

Published : 5 Sep 2011 Author : Harry Notaras Comments :

Tags : coffee

There were a lot of suits buying coffee at my selected coffee shop today.  The old adage of 'going where the people are' certainly works for this shop with a non-stop arrival of customers while I sat and read my paper this morning.  Unfortunately the Australian was not [...]

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Hallelujah Coffee

Hallelujah Coffee

Published : 2 Sep 2011 Author : Harry Notaras Comments :

When I found a picture of this coffee shop on the internet I originally  thought of a church because of its ecclesiastical appearance.  It turns out the coffee is also heavenly.  It was very easy to drink which is an important attribute because I have it black with no sugar.  [...]

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Mermaid Walls

Mermaid Walls

Published : 31 Aug 2011 Author : Harry Notaras Comments :

I got on my bike for a very early morning coffee run yesterday to try a shop I had not been to before.  It was so early when I got there that it was still dark and the shop hadn't opened but it was nice to enjoy the early morning light as a new day aw [...]

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