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photosinensis

50 karma · joined February 17, 2010

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photosinensis··on [dead]
Based on what we've got, it does look like we're looking at either an inside job or some really stupid internal IT policies.

Whoever did this had root. While it's obvious that internal information security is lax there, the reality is that it's a lot easier to get root by getting hired as the IT administrator and being given root as a part of your job. That's the ultimate social engineering stunt. There won't be any penetration logs, simply because the computer system wasn't hacked.

photosinensis··on Stocks Off Sharply as Market Upheaval Grows
Because it's ignorant. There are cool down systems in place if the stock market swings too wildly in a short period of time.
photosinensis··on Stocks Off Sharply as Market Upheaval Grows
Yeah, it should. He should have known to short-sell pretty much everything if he really predicted it. I remind everybody that it takes no money to short sell. If you really think everything is gonna tank, do it. Put your skin in the game.
photosinensis··on Stocks Off Sharply as Market Upheaval Grows
No. This is mostly about a bubble in China popping. Potemkin buildings have been a thing there for a very long time due to a series of perverse effects of policies by the Chinese government.

The Korea business is pretty much business as usual there.

The good news for the US is that we're a Chinese consumer, and they're not a major customer for our goods. Additionally, they're a competing consumer for resources. Basically, this means that the prices for American imports will drop, making the USD stronger internationally and encouraging international investment in the US economy.

The one thing to worry about is that the drop in import prices will likely cause a drop in the prices of domestic goods.

photosinensis··on Larry Ellison’s Cat Island
On the one hand, it sounds like a cool place to visit.

On the other hand, I'd have to give Larry Ellison money. And that just won't do.

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