Globtec

10/21/2025

Engineer vs. Lawyer: The Key to Progress and the Future of Prosperity.

I recently came across Dan Wang’s fascinating book “Breakneck: China’s Quest to Engineer the Future.” His core analysis – the fundamental difference between an engineering approach and a legal approach in the pursuit of progress – deeply resonates with my personal philosophy and the vision of Globtec Investment LLC.

As a trained mechanical engineer, I was shaped by the conviction that at the beginning of any creation lies the idea. Through technical knowledge, pragmatic know-how, and the tireless pursuit of progress, this idea becomes reality. The engineer acts: designing, building, testing, optimizing, and creating. It was only later that I acquired the financial-technical background to be able to fund and scale these technical visions.

https://x.com/Globtec_net/status/1980636805226512578

09/30/2024

The current mood of the German economy suggests that the downward trend is accelerating.

Germany risks falling into a deep recession, especially if the downturn in the automotive sector worsens and affects other industries. This is not just a crisis affecting a single sector; instead, it results from a combination of internal and external factors weighing on the German economy. In the months ahead, Germany may not only face prolonged stagnation or recession but also experience an existential crisis due to its export-oriented economic model. While we are not seeing any signs of a return to healthy growth, business sectors in which we can establish an alternative financing structure still present an attractive option.

09/25/2024

UK economy to grow faster than Japan, Italy and Germany this year, says OECD

Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countries

01/29/2024

China tightens stock market rules after sell-off

China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second largest economy.

01/23/2024

Two million could see energy cut off this winter, charity warns

Two million people could have their gas and electricity cut off this winter because they cannot afford to top up their prepayment meter, new research suggests.

01/16/2024

New train strike dates announced by Aslef drivers' union

A fresh series of strikes has been unveiled by the main train drivers’ union, Aslef, in its long-running pay dispute with 16 train companies.

01/08/2024

Strong US jobs growth dampens talk of rate cuts

But it has raised hopes that the US central bank will be able to get a grip on inflation, the rate at which prices rise, without triggering a painful downturn.

01/02/2024

China’s many systemic problems dominate its outlook for 2024

There were contrasting reactions when the US rating agency Moody’s downgraded China’s A1 credit rating outlook from stable to negative last month. Financial markets, focused on the economy, paid it barely any attention. Chinese state media, looking at the politics, saw red. Global Times called i...

12/29/2023

Five charts explaining the UK’s economic prospects in 2024

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

12/28/2023

Business Pound hits $1.28, with UK economy predicted to ‘turn corner’ in 2024

The pound has hit its highest level against the US dollar since the beginning of August, as investors continue to bet on falling US interest rates in 2024.

12/27/2023

House prices to fall and rents to rise in 2024, forecasts suggest

UK house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise.