On our Website Facebook page leaving now with images off prehistoric rock off at engravings around africa they arent quite as old as the fossilized area but they should be ancient treasures africa has found also collects side by like. Ready crazy business. No risk no gain some projects can out and boost the economy. While well considered ones i loved her into. Them but some transformational moments of mystery of Economic Activity. Made in germany next on. Good deep International Talk show for journalists to discuss the topic of. Justice and bracing for a political earthquake as to what Eastern States go to the polls just searching support for the right wing antique amounted to a litmus test for the federal government and for beautification 30 years later to find a country. Quadriga in 60 minutes on t. W. Earth a home for saving global indios tell stories of creative people and innovative projects around the world ideas to protect the climate and boost Green Energy Solutions by global ideas be embodied in the series of global 3000 on d w and online coming. Sunday adventurous some of the famous naturalist and explorer. To celebrate click some go from the blogs from 250. Marking on the for the job discovery. Expedition in blood on the bed. No guts no glory. No risk no reward or how about this one you have to speculate to accumulate other world of businesses full of that kind of advice madcap crazy out on the limb sometimes a lack of caution leads to amazing results a new era of breakthrough fast wealth but it can also all come crashing down around your ears and today we look at some transformational moments in the history of Economic Activity and finance welcome to mate so what is a good investment when is the right moment to expand and who is the best partner for a new project so many questions and the answers determine success or failure even the biggest names in industry can get it wrong and falter lets look 1st at a few recent examples. Money is pouring into his venture you dont have any investors working for the winners in mega markets. And will his airport ever be completed will be good if i didnt work for the airport i guess id only believe it once it opened what i heave my suitcase off the carousel. Hes an expert on risky investments obviously the americans here take a risk because the law foods like also backfire. They can appear to be of the ocean this tour through central berlin was organized by the internet portal get your guide its a platform for holiday activities it doesnt sound like high finance but the investors of pouring funding into the portal digitalize ation in the Tourism Industry promises billions in profits at get your guides ranking new offices we meet founder yohannes cake this year hes received half a 1000000000 euros from International Venture capitalists thats an impressive sum for a german startup get your guides yearly sales still come to only around 100000000 euros. I think that in germany we think too much about expectations and pressure. Im thinking about building up a Global Market leader. And that is much more exciting than driving yourself crazy thinking about what might happen if it doesnt work out the way we expect. And thats for sure rex biggest investor is must say oshie son the head of Japanese HoldingCompany Soft Bank raises Money Worldwide for his Vision Fund Investments the biggest foreign sources of the u. S. And saudi arabia vision Funds Investment capital of 187000000000 euro news is distributed to startups in america and Asia Companies that promise good growth and need money to expand but doesnt have to come from saudi arabia which is under fire internationally for human rights abuses i know its you i dont have a relationship with saudi arabia but with softbank and we agree on where the market is headed. Our product helps people get to know the world and soft banks money is well invested here. Another investment project that seems to be neverending ballons new airport. Actually it was originally scheduled to open in 2011 but the date has been pushed back repeatedly since then and 2014 past the airport was supposed to go into operation the current slated date is october 2020. 1. I can tell you that the construction site is finished since april or may the technical inspectors have been looking at the individual facility and testing the ones that are responsible for fire safety for over 2 years weve been on schedule its working. Mistakes shoddy work and corruption pushed the price of building the airport way above the original projection of 2000000000 euros the costs of amounted to 7300000000 euros im counting. The airport foreseen by the original plan was too small so an extension had to be built its germanys most embarrassing construction project recently from we have to deliver were trying of course given the history of the airport so far its no wonder that no one will believe us until we prove it. A momentous handshake by its acquisition of nonsense who was the biggest foreign takeover in german history the stakes were high for bio which paid 54000000000 neurons and also acquired responsibility for the more than 18000 lawsuits and monsanto did by underestimate the risk buying one time to know probably its much much cheaper than buying monsanto say like 2 or 3 years when all the lawsuits finally are solved so obviously the matters here take a risk because the law foods might also backfire and incur significant costs for them basically ignore them to the reputation except true but at the moment its a very interesting and attractive investment some courts have said monsantos life is state based herbicide roundup causes cancer its still unclear how much liability by a faces that will determine if the costly takeover was worth it so will it prove a bold investment or just a reckless one. And what some call crazy others of us clever or a stroke of genius and indeed looking back some of the biggest business successes in history come down to a quickie entrepreneur who took the right risk at just the right time perhaps misfits are the most creative and successful people in business out of the box thinkers sometimes have ideas that change the world. Crazy maybe but certainly successful. Many of the worlds most gifted minds were called crazy at some point. Despite that maybe because of that these ones made it right to the top. At the start of the 20th century there was american engineer henry ford the revolutionize the Automotive Industry with the moving Assembly Line production was cheaper than ever everyone could afford his cars whats more he only made his staff work 5 days a week and paint them generously but he was no dream boss ford wanted total surveillance he was known as the benevolent dictator the head of a department at ford was required to know everything about his workers including what they ate and how they lived for its behavior was extremely controlling and manipulative. In postwar germany and tell you how blessed cofounded a discount supermarket called. People to take vitamins off the shelves themselves allowing for fewer staff and Cheaper Products the concept was a huge success and tell you ill press wealth grew and grew but ill bet it was still fanatically frugal stingy event whoa betide the employee who ordered too many pens for didnt use the paper on both sides he had no empathy whatsoever for his stuff. One time it was kidnapped and he even claimed the ransom money he paid as tax deductible. His obsession with saving drove stores into disrepair managers and he dared to renovate after he died. Today many think its a draw to Silicon Valley space x. Founder long musk has proposed the hyperlink Passenger Transport a super high speed pneumatic tube train he also wants to colonize mars for musk and his workers theres just one rule business 1st family time only if the Company Goes Bust the tycoon can be a real live wire is bad tempered tweets have given his companys shares a bumpy ride over the years so whats the one thing that unites all these crazy minds theyre all men maybe the great women out there are just better at keeping it together or should we conclude that madness is male. Interesting question too risky to answer on there well not taking risks can also be risky take the German Economy europes powerhouse its managed to weather one crisis after another thanks to its strong export sector the country is taking in what tax revenue than its spending leaving room to maneuver but at the same Time Investments in schools and infrastructure affording behind why because germans dont like going into debt despite negative Interest Rates on sovereign bonds the government is sticking to its mantra of a balanced budget but critics warn that too much for galatea could cost germany dearly in the end. The black 0 here in germany thats what we call a balanced budget its a good thing it means stability at least according to the government so when the steering wheel. But today im meeting someone who wants to bury the blight 0 in this we need to move on from this crazy idea that saving is always good and that is always bad theres a what he means is germany urgently needs to invest and if it needs to borrow to do so thats fine if it helps boost the economy. The president of the German Institute for Economic Research one of the most influential economists in germany for a long something to show him. The transistor pocho weve brought along a black 0 youre not a fan right and its unfair because you know im not per se it depends on a balanced budget shouldnt be an end in itself its fine when the economy is thriving but were in the 3rd quarter of 2019 and technically were in a recession thats why the 2nd quarter with negative growth so the politicians need to act they need to do something to stabilize the you cant. We need to secure jobs thats the real issue the black 0 is all very well but its basically a fetish. Every year since 2014 the german states revenues have been higher than its expenses even though Public Services like schools and hospitals are underfunded railways too. We need to move on from this crazy idea that saving is always good is always bad the opposite is true when times are tough we need to invest so that people can keep their jobs and we can guarantee stability. So keeping the future in mind the future and also future generations thats what we need to do thats my point think of me im 30 and i keep hearing about the mounting debt that it will be up to me to pay off. Why is that. State depends on substance in other words that might have been reduced but assets of the value of streets and bridges Public Institutions knowledge of capital social housing all of that has been squandered devalued in the past 15 years the state has invested too little to maintain that value so as a 30 year old in the future you have less value. Doesnt even factor in the environment the climate. That. The german state is investing more in Environmental Protection than it has in recent years its working towards long term climate goals but its already clear it wont hit its 2020 targets. Thats an embarrassment for a country thats made such a lot of its environmental credentials and it could have been different the technology exists theres been rapid progress in the past few years so right now we urgently need more investment energetic. Renovation of buildings electricity grids we also need a new transport policy we need to do away with combustion engines and carbon intensive technology and embrace Carbon Neutral and emo billeted this needs to become a top priority and that requires funding. The failure to invest cant even end up costing money take us entrepreneur so recently he had to store important data on a u. S. B. Stick because he had such a slow internet connection. When it comes to Digital Infrastructure german investment is lagging seriously behind you. In terms of future technologies were missing opportunities. That doesnt change soon then the future will belong to china and the u. S. Especially in the areas of digitalisation and artificial intelligence. Is it youre a keen bungee jump or so youre obviously not risk averse but theres always an element of risk with investing can go wrong. Investment is always a risk but life is high risk or germany wouldnt be as successful as it is it wouldnt be as wealthy as it is and its comparatively robust if germans hadnt taken risks taking risks doesnt mean acting blindly you need to take calculated risks in order to make economic and social progress. Is a shop fronts. So germany is successful but its squandering its success by not investing enough in its future well thats a shame because there are great ideas around a startup in berlin has developed a kite that generates electricity as its source but the fed needs investors Technological Prowess and it has to keep a keen eye on the competition. This truck could help solve the Energy Problems of the future. It generates electricity from wind power on a level that no wind turbine can achieve. Its vision is to develop the technology and scale it to a size that can keep up with todays when turbines. Were starting small and have a long way to go and were always starting over. A telescopic arm connected to the truck holds in guides the kite soon it should be able to climb hundreds of metres and fly. Thats what the developers in berlin are currently working on. The big challenges programming the computer so that it can steer the kite with these cables and. The generator that produces the electricity is in the truck under the cable drums they hope it will one day replace inefficient diesel generators. Turbines are fixed to the ground. The kites will be connected to a base station and fly up to 300 meters in the air the wind is stronger and more steady at that height. Their Development Laboratory is on the campus of the Technical University of berlin. The engineers started experimenting with fabric kites in 2012. When the kite goes up the rope turns the generator drum and generates electricity. Then the kite is pulled in again which consumes very little power its like a yo yo going up and down. Over all that creates a surplus of electric. Most of their time is spent doing calculations or in the workshop. They built the kite and all the technology themselves and theyre always having to redesign and optimize. As a. Motto is to make as many mistakes as possible in a short a time as possible but i was only once. And we have to learn and the mistakes make us smarter and they make the product safe has it here. Theyve been working on the carbon tight since 2017 or so were going have already invested over a 1000000 euros in the prototypes but its still not finished. The wind energy summited hamburg is the teams chance to find new investors. Yeah thats not just were asking investors to acquire a stake of up to a 1000000 euros this year so we can turn the technology into a product that can be successfully brought to market that. Theres plenty of competition working hard on rival products borman will have to win people over. To deliver something nothing else. Other developers are working on gliders instead of kites. Several companies are in a race to produce the best technology and to secure global investors. Theyve done it theyve found the venture capitalists who are willing to continue investing yet still the courts were close to seeing whether whats been developed over the past couple of years really works and if we get the feeling that it does work then well provide the next round of funding ill be in for sure we dont anything. Will this make you richer. Because i have added a i dont know about rich or. I dont have a lot of capital but i invest a little money in Renewable Energies part of that. Once a week the developers drive to the airfield they havent made much progress with flying yet. They often started midnight when theres more of a steady wind the team is feeling the pressure. They need to make the kite fully automated but the technology is not cooperating. The investor is getting impatient hes come over to see for himself. Sometimes competitors making progress start to get nervous. But then you come back and see how its working out. Confidence again. After months of tests the self steered by the cables and stabilized by the computer now they have to program the computer to carry out all the flight maneuvers alone. The next step is the most critical. To be very precise little mistakes get punished in a big way but weve been practicing for so long its become routine by the end of the month well be able to get the kite flying really high. To still flying just a few meters away from the arm but once the computer learns to guide the properly it should start flying higher and generating electricity. The people of britain took a risk with bricks it businesses certainly spooked by the uncertainty some companies are moving jobs to the continent but there are also those who are betting that investment in britain now can pay off big time with breaks it only slightly worsening the odds are they out of their minds reporters went to find out. London in the summer of 2019 a tumultuous time for the city nobody knows yet just how much more tumultuous it will get what were all getting closer to finding out. Were looking at less than 3 months to go before a potential window fuel prices but maybe were not the Prime Minister could lose a vote of confidence plus purring fresh election or there could even be a 2nd right the referendum that returns the question of it to the people or the u. K. Could choose to unilaterally revoke article 50 about counseling right that tries to say theres a lot of uncertainty and you know a business hurts youve got it certainty. Thats why assets