a binding in the future but what happens if not everyone s on the same page transatlantic relations have been strained by the abrupt turnaround in u.s. trade policy how trustworthy is the u.s. president it s a question of preoccupying second omics professors. doesn t really understand this logic that you also aim to appear trustworthy in the future . in my opinion he sees the world rather myopic. i know he acts in the moment. he only does something if there s something in it for him. he doesn t say i ll let the germans have a few cardioids because i need them next year to negotiate a new deal with iran because the germans have a closer relationship with iran. ok i ve got it trust is good for business that s why people are so concerned with appearing trustworthy but how many people really merit to intrust and nine months research shows that when it comes to
swedes chinese and australians have the highest levels of trust in others and they have healthy economies. there s quite a close correlation between how well countries do with these trust ratings and their economic growth rates more a number of other social indicators. out toward the same is true vice versa if there s a lack of trust about whether contracts will be honored that impacts on business things for companies get complicated and expensive. if we don t have a culture of trust then things have to be managed very closely and then all of these different contracts and legal procedures are very dear or we have to hire the mafia to enforce those contracts that gets very expensive than doesn t really work very well and that means trust is a good lubricant for business and society on the whole. and for international business relations to heads of state to rely on the fact that agreements they make
. do crowd funding platforms make it easier to fool investors german platform start next has facilitated fifty five million euros of start up funding from small and micro investors this entrepreneur is asking for fifty thousand euros to launch a beer truck that can be rented out anyone can sign up and float their idea all they need. to do is give their name and details and that s just across the point is that the crowd is active in social media exchanging information and asking questions on foot if a project initiator doesn t provide convincing answers then it s not going to work for faking something as complicated because the crowd will always identify it as such crops here in germany i don t know of any fraudulent projects that lead to a payoff of a kind that s actually to not was some critter but i cried funny what you often see with crowdfunding is that a business promotes what it ultimately wants to sell not something in the early