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Stefan Kobel reports today on trade fairs in Asia and Europe. The world around continues to go crazy.
Share prices are plummeting because it is becoming increasingly clear that the shares have nothing to do with the companies behind them - except that they exist. Valuable companies generate dividends for their owners - i.e. shareholders. Gamblers with a lot of capital don't care, because for them the company and its business model don't play a role, but only the rumors and stories that are suitable to stimulate or divert their imagination. And against this backdrop, it is actually clear where one should rather direct one's attention. But it is unclear whether our rulers will ever understand this - many of them lack a previous life in real life. From school without a completed education into the Bundestag and further - that's something! Only unfortunately nothing for the wisdom of the legislation.
On Wednesday, the world - well at least the German-speaking world - is heading to Düsseldorf. In the Böhler Arreal there are many good things to see under daylight conditions. Brave ones ahead: it is allowed to buy at the Art Düsseldorf.
Sometimes it is good to see the world from another point of view. It doesn't have to be so far away. France is enough. Last Thursday, after arriving at Nice airport, nothing worked. There were no cabs, but from large loudspeakers Latin American rhythms. One had the feeling of carnival - only it was a demonstration against the logic of aging societies. (We have to be very brave in Germany today - unions are demonstrating on weekdays for the future for the relocation of jobs to low-wage countries and believe they can stop globalization with pithy slogans. Stupidly they let the consumer before in the belief, we can buy only cheaply). The end of the song 5 kilometers of rolling suitcases over continuous well-maintained asphalt - soil sealing at its best, because one has secured wheel and pedestrian paths after the terrible attack. Sealed earth, rain running off, but not into the ground. In the meantime, people in Germany are arguing about routes that will not be built. In other countries they build nuclear power plants to achieve CO2 free energy production - in Germany they prefer to stay on the safe side and are afraid.
In some art insurance company it rumbles - perhaps we can report next week more concretely about it.
A week full of optimism to all
The staff of Zilkens Fine Art Insurance Broker Cologne and Solothurn and Stephan Zilkens