Tag Archives: USA

Upstarta Brisbane Wed 19 Oct 2011: CVSdude success story by founder Mark Bathie

The Upstarta group in Brisbane has a special speaker for its October 2011 meeting, Mark Bathie who founded the CVSDude company right in South-East Queensland, which evolved to Codesion then was acquired by CollabNet in the US. Mark is now back in Australia and will tell his Upstarta-style history.

If you’d like to attend this free event, join the group – but be sure to RSVP, as the group needs to know the numbers and either cap or possibly shift venues. The meeting will be at 6:30pm, further details can be found on the meetup page.

Borrowing on Your Grandchildren’s Projected Future

US Debt $14T. Latest plan to avoid ruin is to cut $1T over the next 10 years. Compound interest on $13T over 10 years = $8T. Fail.

Borrowing on projected growth is always dangerous and risky, but particularly so if you already have huge debts (as the US has) – the interest alone is crippling.

Right now they might not seem to have a choice, but that merely proves the original point, doesn’t it?