https://www.bloomberg.com/gadfly/articles/2017-01-19/ominous...
285 karma · joined April 13, 2017
https://www.bloomberg.com/gadfly/articles/2017-01-19/ominous...
1. The A380 can be upgraded and can be made more fuel efficient. But this is an investment Airbus would have to made.
2. The hub model is not dead. There are major hubs that are dying (Singapore and Hongkong), there are current major hubs UAE, Moscow (Asia<>EU), Istanbul and there are coming major hubs (Addis Abbeba (EU, Asia <>Afica), potentially Tehran (geostrategic location, cheap oil, huge inner market, if they open up). At least if I look at it from China.
Especially from huge markets with price sensitive customers like India and China, I predict that the A380 could have a future. I think the Airbus CEO once said "This plane come 10 years too early".
This guy predicted the downfall of the Soviet Union in his mid 20ies based on statistical indicators like life expectancy.
ROTFL. This really describes Krugman well. Of cause bitcoin is "evil" since it limits his ideas of how to "experiment" with money.
https://icmvv6qxwpktq0do-zippykid.netdna-ssl.com/wp-content/...
Inverse Robin Hood. Take from the poor, give to the rich.
Worst investment yet, was solar Energy.
PS: Fixed this for you. Sorry, did not know you are a bullshitter!
It started generating electricity on April 9, 1985, but did not receive permission from the atomic legal authorizing agency to feed electricity to the grid until November 16, 1985. It operated at full power in February 1987 and was shut down September 1, 1989.[1]
Really? Germany has one of the LEAST future proof energy politics. I would like to see a country that actually has more than a 2 years energy plan and would invest in something meaningful, like Thorium reactors.
1) one of the highest prices per kWh for the normal consumer
2) prices are still increasing http://www.spiegel.de/wirtschaft/service/strompreise-steigen...
3) produces more CO2 than France.
So what's the news?
Actually, no. This has nothing to do with Marx "surplus value". And his idea of "surplus value" was wrong by several reasons. The funny thing about Marx is that he failed to understand capitalism as much as good ol' Ludwig von Mises.
I have not tired yet how it reacts to huge amounts of data. But best thing: NOT written in Java!
I doubt this number. And let's not forget that they let them protesting for some time. An highly unusual event in China. Problems occurred when protests did not stop.
"threatens democracy and freedom worldwide." China is not totally undemocratic and I doubt that democracy is necessarily the best solution at all times and for all states.
"This psychopath will eventually cause harm to a few countries (Taiwan, South Korea)"
South Korea?
On the other hand I am sure the people in Syria, Libya and Iraq were happy about the US bombings. Remember "highway of death" in Iraq?
"when said and done, maybe enable North Korea to strike a few nuclear missiles into Los Angeles or Tokyo, who knows."
North Korea is a buffer sate for both, China and Russia. China has NO interest in a war in North Korea.
By the way, North Korea. The Soviet Union fought an existential war against Germany and lost 10% of their population. This war DEFINED the Soviet Union. In Europe the second world war was basically a Soviet-German war (9 out of 10 German soldiers that died, died on the Eastern Frontier).
This being said, this is NOTHING compared to the war that North Korea fought: https://www.strategic-culture.org/news/2017/12/11/state-fear...
Yes, North Koreans are paranoid. They may have reasons to be.
Which is very possible. Or how did Mandelbrot say? "speculating on the stock market is riskier than you think"
The current highs are only possible because interest is so low and people leverage. A 2% return is no problem. Leverage times 3 and you have a decent 6%. But what happens, if interest rates rise and you get margin calls? Your have to sell. Wait, the others have to sell too....
"He also expects negative total returns over the next 12 years."
Past performances are no guarantee for future performances works both ways.
"Losing money in this market is a truly remarkable feat."
Not necessarily. Timing is tricky. The market can stay longer irrational as you can stay liquid.
Own words? Most of the blog posts are done by people much smarter than me. I could do a 1 or 2 hour PPT Presentation trying to get to the point. I think only a few people would be able to follow me. Not, because I am so tremendously smarter than them (I have a PhD), but because the topic is so tremendously complex and interlinked.
This being said. It does not hurt to read this blog posts and think about them. The conclusion would be: We are f...ed. I may have a very negative outlook into the future and I hope that I am wrong. But I am afraid we are running into mathematical limits. Quote from the last blog post (Galactic energy scale) "But let’s not overlook the key point: continued growth in energy use becomes physically impossible within conceivable timeframes." Then again, if you understand how energy, debt, growth and our society are interlined, this is NOT good news. Stay on the level we have now? Impossible. Read the first blog post. We are running in circles.
Own words? Most of the blog posts are done by people much smarter than me. I could do a 1 or 2 hour PPT Presentation trying to get to the point. I think only a few people would be able to follow me. Not, because I am so tremendously smarter than them (I have a PhD), but because the topic is so tremendously complex and interlinked.
You are correct. In fact, they never will be depleted. Same with the oil. Most of the oil that is still in the ground will stay there.
"These forecasts are made possible by assuming the limit on the amount of oil extracted is the amount of oil in the ground. In fact, the limit is likely to be a financial (debt) limit that comes much sooner." https://ourfiniteworld.com/2014/01/13/why-eia-iea-and-rander...
Please also see: Extracted: How the Quest for Mineral Wealth Is Plundering the Planet https://www.amazon.com/Extracted-Mineral-Wealth-Plundering-P...
It is well possible we are beyond the peak already. This brings us to the "Seneca effect" http://cassandralegacy.blogspot.com/2011/08/seneca-effect-or...
Otherwise: Business as usual.
"There is No Steady State Economy (except at a very basic level)" http://ourfiniteworld.com/2011/02/21/there-is-no-steady-stat...
Limits to Growth–At our doorstep, but not recognized http://www.resilience.org/stories/2014-02-12/limits-to-growt...
Wealth And Energy Consumption Are Inseparable http://www.declineoftheempire.com/2012/01/wealth-and-energy-...
Galactic-Scale Energy http://physics.ucsd.edu/do-the-math/2011/07/galactic-scale-e...
If they do it from scratch, kudos.
If you understand German you can watch it here (6 min). https://www.youtube.com/watch?v=vSEEDB7ViyQ
("Und bist Du nicht willig, so brauch ich ....Geduld".. :-)
2. oVPN.to is probably a good idea, as long as you are not based in China
3. Pay anonymously for the VPN. If it need to be really secure, only access VPN via TOR.
I don't think of ebay highly, desides what they did to Craigslist.
They had Skype. They could have been Facebook, but no. They had Paypal. With Skype and paypal they could have easily made micropayments on cell phones, but no. I hardly ever see a company with so many wasted chances. They are in a "winner takes it all" niche but sooner or later someone (Open Bazaar?) will challenge them and I don't see any innovation from this company.
http://www.ocr4linux.com/en:pricing:start
This pricing is prohibitive expensive for most private users.
[Disclaimer: I feel like I should make a little bit free advertisement for this chatting (and now phone) app, which originated from Switzerland. It has >3 MM installs in German speaking countries and I am a happy user. It has little recognition in the English speaking world. Unfortunately]
"ideas are like hemorrhoids, every asshole sooner or later gets some"
I hardly use my phone for calls. In fact, I prefer Whatsapp or Wechat. And nope, I don't have netflix on my phone.
https://thatoneprivacysite.net/vpn-comparison-chart/
I heard good things about https://vcp.ovpn.to/ but I doubt that I will work in China. But if you don't need a VPN in China I would go with ovpn.
Yes it did. But remember Mutual Funds? "Past investment returns are no guarantee of....". You should either read "The Black Swan" or read it again.
Also: "The threshold necessary for small groups to conduct global warfare has finally been breached, and we are only starting to feel its effects. Over time, in as little as perhaps twenty years and as the leverage of technology increases, this threshold will finally reach its culmination -- with the ability of one man to declare war on the world and win."
See also: http://www.npr.org/2016/02/22/467210492/u-s-navy-brings-back...