Accidental overdose on 5 knives sticking out of his back and chest. Obviously no foul play. A guy tries to run a startup, the startup has crushed for various reasons, then there is the question of lawsuits for hundreds of millions of dollars in supposed damages to music labels. No foul play...
Do everybody a favour, Google USSR advertising, look at the examples and then stop talking. We had advertising coming out of wazo and it was all completely state sponsored advertising. It was advertising for some products, events, moral ideology etc. The state was also using propaganda to keep people inline. Our newspaper s, such as 'pravda', 'trud' etc., were all propaganda - false advertising by the state to brainwash the entire population of the country. Alternatives were illegal like any other private endeavour. Go ahead, tell me that governments should be in charge of the economies. I am not going to pretend to listen, but will prove you wrong every time.
This story is pure insanity. Advertising is one of basic instincts in animal nature. Women advertise to men, men to women. Without advertising evolution and progress would stop and die.
Isn't NSA world's most famous backup solution? Just ask them for the data. 'NSA cloud', now for more than just political prosecution and government oppression and corporate theft (and an occasional viewing of your dick). Backup your data with us! It is also paid by debt and inflation, so you don't even have to pay for the service, you have already paid!
As to/...... I have no words, only adjectives left for you.
Actually a truly cashless society is the wet dream of every government and central banker since inflation is the most insidious and powerful tax that can be implemented without participation of any IRS and of any citizen whatsoever.
You don't even have to make a tax payment to be taxed with inflation and government doesn't have to bother pretending to have some kind of fiscal policy. The only policy of a 'cashless society' is printing money and the result of that policy is destruction of that society via destruction of its economy.
Hyperinflation is the worst case scenario, just because somebody is smoking doesn't mean they will die from cancer, but they will have serious health consequences. Hyperinflation is cancer that smoker gets, it doesn't mean it's inevitable. I never said hyperinflation is inevitable. I am saying that currency crisis is inevitable. It will either result in a huge spike of interest rates set by the market and the Feds will stand back (fat chance) or it will result in constant pressure by the Feds printing to prevent the huge spike of interest rates, collapsing the currency with very high inflation. Hyperinflation is only one possible outcome of many other horrible outcomes.
As to the stock market - it is in a bubble, so is bond market, which is the largest bubble. However you are so fucking stupid, you don't realise that in case of hyperinflation (or even just very high inflation) the stock market is where money flows to OUT of currency. Everybody is trying to buy something to get out of the inflated currency.
USA is much bigger than Greece, its debts are gigantic compared to Greece, but it is outsourcing its inflation to the rest of the world. The Chinese are printing to absorb inflation created by the USA Fed and Chinese prices are going up. USA is seeing rising prices that is some of its inflation making it back home from around the world, this process accelerates.
Your entire position is that of an idiot, saying that just because the patient is not dead yet, the course he is on is ok.
The smoker doesn't have cancer yet - keep smoking.
You read my previous comment, where I specifically said I do not predict exact timing, only the most likely scenarios based on the course of action that is being taken and you immediately goad me into making a TIME BET? What the fuck is wrong with you, what the brain has completely dried out in that idiotic head of yours?
Oh, and as I said: USSR - 100% occupancy. SO fucking what?
What the fuck are you talking about? My models give predictions that work exactly as they are supposed to, which is why I knew about the coming 2008 collapse, the coming USD collapse and of-course as a result of the USD collapse the coming bond market collapse. My model does not try to predict the exact timing of the collapse, that's impossible.
Your model predicts that if you print more money you will need to print more money, that's all it does.
I lived in Germany for such a long time that I can with absolute certainty tell you that any inefficiency in that economy is only caused by the monetary policy that you espouse - printing money. They absolutely should not print money, the Swiss are showing them how its done. Greeks can never repay their debts and it doesn't matter how much an 'average Greek' is working. You can be 'working' digging ditches and filling them up all you want, which is exactly the model that you espouse, you and other morons like Krugman. Germans can absolutely afford to work fewer hours, as they are very efficient because of the capital that they built up and created the tools that make them so efficient.
You have no idea what productivity is, you have no idea what efficiency means. In the former USSR people were 100% occupied and produced JACK SHIT compared to 'lazy' almost anybody at the time.
You are an idiot. Debts that are not repaid by creating actual economic output and instead used for consumption purposes do not generate economic growth.
I read it, it's a bunch of nonsense and vague statements about future reforms.... sure, sure.
The reality is that Greece needs to be booted out of EU. German people are not interested in donating (and lets be clear, this is a donation, not a loan) more money to the Greeks standing with their hands out.
Without this bailout Greece would be forced to implement government spending cuts that would reform the economy and make it self sustainable. With this bailout this same exact problem, only with much larger numbers is going to replay itself a few years down the road. There is no escape - living on a handout does not produce any wealth, does not create a working economy, it simply creates even more culture of dependency and that culture will never go away until it is forced to simply by lack of free money.
Without the free money Greeks would restructure their economy. With the free money Greeks will do nothing but spend the money and ask for more. That document is for show, it means nothing.
Now, if you wanted a REAL document and a solution, Greece would be forced to repay at least some of its debts by selling its assets immediately. Then they could restructure the debt, pay 60 cents on the dollar or 30 cents on the dollar, doesn't matter. But they would truly display willingness to work with the lenders.
What this is here, it is the display of denial from the Greeks and it is display of weakness from the Germans who cannot reign in their crazy government that is stealing from the Germans.
If Greeks want charity, they should ask for charity from those same Germans. If Greeks want a real economy, they should build their economy by eliminating their unsustainable government programs and reducing their taxes.
The real austerity comes in the form of very low taxes and very little government and without this there will be no rebuilding of the economy.
I said this before and my comments went up to +5 and then to 0 and back to +5 and back to 0 and then to +5 and now to 2 I think (or whatever it is at the moment).
Clearly this is a contentious issue, but it is the only solution. Moderating my comments lower does not change reality, it only prevents me from replying to other comments, so it's your call whether you want me to reply to other comments (even in this thread) or not.
Welcome to the club. You know, if you keep it up you will develop a strong following of crazy moderators to shut you up at any opportunity. Karma here is used to control speech, you will learn it in a short order.
You give rats a computer to command and rats end up using the computer to crawl into a dark place, maybe in search for food.
Of-course it is up to you, as a developer to use the understanding of a rat's mind to apply the rat's way of thinking to solve a problem, but now not only are you a computer programmer but also have to be a rat's psychology expert.... Well, maybe some of us are, given what kinds of people we sometimes have to deal with.
Who knows, another time it could be more difficult. Attach the object to this reduction gearing device and slooooowwlyy pull it out, letting the blood clot or even tissue scar in process maybe.
Let's kill all advertising so that you will not be able to find any new products or services and no company could find a client who didn't know the company directly somehow. Wouldn't it be great, not to know about anything people are trying to create for you?
Ha ha ha ha ha, sure, you can believe in magic if you like, in this reality though we obey the laws of thermodynamics, especially conservation of energy and momentum. You cannot consume what you did not produce.
Take an empty island, put 1,000,000 people on it and if they do not produce they will not eat. No amount of funny money printed by 'government' will solve that very basic issue of food and energy and shelter and other life necessities (and luxuries) not coming into existence just because you printed some candy wrappers.
The reality is that the USA will never have trouble 'selling' its bonds, because the federal reserve just buys them if nobody else will or it wants to drive down interest rates
- I absolutely agree with you, which is why the bond collapse will happen as the result of the currency crisis, which will result from this inflation.
Essentially the fed, ECB, BoE are saying to savers go and spend your money, stop hoarding it. But savers are not listening so aggregate demand is still broken.
- of-course people don't want to spend on bonds and stocks that is the 'demand' we are talking about, let's be clear about it. People are not buying the bonds and stocks that governments want to see selling.
The reality is that the inflationary policy is destroying the economy and a destroyed economy will collapse in its own right, the currency collapses because of the government spending that the mob wants and the economy collapses due to this gigantic misallocaiton of resources. The currency collapse triggers the bond market collapse, since bonds are currency promised in the future.
Japan is stagnating specifically because it is inflating like the USA but its currency is NOT the so called 'reserve', and so the inflation that Japan is producing stays within its own borders, it's absorbing its own inflation and destroying its own economy.
The USA is using the status of the 'reserve currency' to spread the misery around, spreading inflation is national past time, the biggest USA export is its inflation, which creates inflation everywhere else before taking home back to the USA. This is happening of-course anyway, it's manifesting itself as destruction of the productive sector, gigantic real unemployment, class warfare, bubbles in everything everywhere.
The 0% Fed's interest rate for 7 years put USA economy on the inflationary needle and this drug will not be kicked without a huge collapse first, no junkie kicks his habit before hitting the rock bottom.
The clear best answer for the economy in general is free market and removal of government from money and interest rate manipulation, abolition of the welfare state and restructuring of all debts. Whether saving is worth more than borrowing is a question to the healthy free market, something that USA lost long ago.
Money is 1. Store of value. 2. Means of exchange. 3. Unit of account.
I understand that it's way above your head, since you believe money to be CREATED by government, which is absolute, unadulterated, pure 100% nonsense that leads to disasters like Greece, like Zimbabwe, like USSR and hundreds of others.
Government cannot create money any more than government can create anything and it does not create anything of any productive value and it shouldn't.
Money comes into existence when new goods are produce that people are willing to exchange for, in that case money comes into existence through deflation of money supply with regards to the total productive output.
Money comes into existence when people decide what it is that they actually want to exchange in and store value in and what is easy to count, divide, add, subtract, which is why gold is money.
Money does not come into existence by any government magic or by any other form of magic, that is true, the only thing that government 'magic' (or fractional reserve magic for that reason) can do is take value from existing assets and redistribute it by lowering asset values. This trick really only works if the government has a monopoly on that type of asset, which is why government sets up counterfeiting laws that prohibit competition to the counterfeiting operations that government is running whenever it turns on the printing press.
The real USD existed when in fact IT WAS AN IOU, it was a banknote issued by the bank who promised to deliver gold upon receiving the note.
What governments do is not money creating, what governments do is price controls, exchange controls, inflation and theft, but they cannot create money. A government can dilute the value of all money in existence but it cannot create money, it cannot add net value into the system, it can only subtract net value.
An organization that is capable of adding net value into the system runs a profitable business, not a government, which lives on coercion backed by deadly force.
Anyway, I am sure this is either completely above your head and/or completely against your propaganda.
This 'no' vote self-imposes the spending cut that Greece hates to see but the 'yes' vote also imposes the spending cut. There is no way to avoid a spending cut for Greece.
Austerity is a strange word, it sounds sterile, it has strange connotations. The correct term is spending cuts.
You cut spending if you cannot afford what you are spending on and when you cannot borrow to spend either and in case of chronic offenders the sooner the creditors realize what they are dealing with the healthier for everybody. It's healthier for the spender, who has to come to terms of the impossible situation he is in and it is healthier for the creditor, who will avoid losing even more money. It is healthier for the overall economy not to have welfare State system in the first place, to have people consume based on what they produce and not based on what can be taken from somebody else without any form of repayment.
Real money does not come into being by magic, it is not printed into existence, it is not magically created on a computer. Real money is the result of productive activity, where the word 'productive' really means that something is being produced that others are voluntarily willing to trade for in a way that is sustainable for both, the producer and the consumer.
The world has been playing with fire for the last 100 years with everybody being on fiat, it's been playing with a gigantic fire since the USD became uncontrollably inflationary due to it not being backed by any production (USA has been running half a Trillion USD trade deficit for over a decade now) nor by any money reserves (USD is not backed by gold, Nixon defaulted on the dollar back in 1971, and that's how these problems of inflationary policies and welfare state accelerated).
USA has its own version of what is Greece experiencing right now, that's what 'debt ceiling' is. Many believe that USA can simply print bonds and sell them and get out of jail free, however this only works as long as somebody buys those bonds and the bond market is the biggest bubble of all. USA will have its own currency crisis and bonds are currency promised into the future, so that will also collapse.
As Germany now refuses to just pour money into this bottomless pit called Greece, people will refuse to just pour money into the bottomless pit called USA and that will be even more interesting to observe.
Everybody who tells you 'austerity does not work' are full of it. Austerity means you are not spending money you didn't earn and especially where it concerns consumption rather than investment, and ALL things that people want government to spend on are consumption and not investment, so the important distinction is this: government must be austere, only government austerity can reallocate the scarce resources to people, who will rebuild the economy.
In the long run Greece is better off because of this spending cut, it will learn to live within its means and maybe to produce more and it will have a healthy economy. But like any alcoholic or drug addict apparently it will have to hit the rock bottom before it will reform.
Doing some some PCI compliance certification stuff and a scan shows that the site is not compliant, the reason being that TLSv1 is supported. Turning TLSv1 off kills off support for a number of older browsers, all types of browsers.....
Now I am trying to figure out what to do about this problem, how to detect the clients that do not support TLSv1 and to redirect them to a simple html page instead of the clients pretty much receiving 'connection reset by server' error.
No dice so far, but I thought this was only supposed to happen a year from now (June 2016, not 2015), oh well.
Slashdot Mirror
Humans.
Accidental overdose on 5 knives sticking out of his back and chest. Obviously no foul play. A guy tries to run a startup, the startup has crushed for various reasons, then there is the question of lawsuits for hundreds of millions of dollars in supposed damages to music labels. No foul play...
Governments were under control of 'the people' in the USSR. I prefer corporations and advertising.
Do everybody a favour, Google USSR advertising, look at the examples and then stop talking. We had advertising coming out of wazo and it was all completely state sponsored advertising. It was advertising for some products, events, moral ideology etc. The state was also using propaganda to keep people inline. Our newspaper s, such as 'pravda', 'trud' etc., were all propaganda - false advertising by the state to brainwash the entire population of the country. Alternatives were illegal like any other private endeavour. Go ahead, tell me that governments should be in charge of the economies. I am not going to pretend to listen, but will prove you wrong every time.
Wow, you too are insane.
This story is pure insanity. Advertising is one of basic instincts in animal nature. Women advertise to men, men to women. Without advertising evolution and progress would stop and die.
Not once I am done with them!
How about an exorcism to rid oneself from stupidity? Cure for ignorance is education, but maybe to cure from stupidity one needs a witch?
/. Is does enough trolling of its own, all the sjw crap and more. Trolls are professionals now.
Isn't NSA world's most famous backup solution? Just ask them for the data. 'NSA cloud', now for more than just political prosecution and government oppression and corporate theft (and an occasional viewing of your dick). Backup your data with us! It is also paid by debt and inflation, so you don't even have to pay for the service, you have already paid!
As to /. ..... I have no words, only adjectives left for you.
Actually a truly cashless society is the wet dream of every government and central banker since inflation is the most insidious and powerful tax that can be implemented without participation of any IRS and of any citizen whatsoever.
You don't even have to make a tax payment to be taxed with inflation and government doesn't have to bother pretending to have some kind of fiscal policy. The only policy of a 'cashless society' is printing money and the result of that policy is destruction of that society via destruction of its economy.
Hyperinflation is the worst case scenario, just because somebody is smoking doesn't mean they will die from cancer, but they will have serious health consequences. Hyperinflation is cancer that smoker gets, it doesn't mean it's inevitable. I never said hyperinflation is inevitable. I am saying that currency crisis is inevitable. It will either result in a huge spike of interest rates set by the market and the Feds will stand back (fat chance) or it will result in constant pressure by the Feds printing to prevent the huge spike of interest rates, collapsing the currency with very high inflation. Hyperinflation is only one possible outcome of many other horrible outcomes.
As to the stock market - it is in a bubble, so is bond market, which is the largest bubble. However you are so fucking stupid, you don't realise that in case of hyperinflation (or even just very high inflation) the stock market is where money flows to OUT of currency. Everybody is trying to buy something to get out of the inflated currency.
USA is much bigger than Greece, its debts are gigantic compared to Greece, but it is outsourcing its inflation to the rest of the world. The Chinese are printing to absorb inflation created by the USA Fed and Chinese prices are going up. USA is seeing rising prices that is some of its inflation making it back home from around the world, this process accelerates.
Your entire position is that of an idiot, saying that just because the patient is not dead yet, the course he is on is ok.
The smoker doesn't have cancer yet - keep smoking.
You read my previous comment, where I specifically said I do not predict exact timing, only the most likely scenarios based on the course of action that is being taken and you immediately goad me into making a TIME BET? What the fuck is wrong with you, what the brain has completely dried out in that idiotic head of yours?
Oh, and as I said: USSR - 100% occupancy. SO fucking what?
What the fuck are you talking about? My models give predictions that work exactly as they are supposed to, which is why I knew about the coming 2008 collapse, the coming USD collapse and of-course as a result of the USD collapse the coming bond market collapse. My model does not try to predict the exact timing of the collapse, that's impossible.
Your model predicts that if you print more money you will need to print more money, that's all it does.
I lived in Germany for such a long time that I can with absolute certainty tell you that any inefficiency in that economy is only caused by the monetary policy that you espouse - printing money. They absolutely should not print money, the Swiss are showing them how its done. Greeks can never repay their debts and it doesn't matter how much an 'average Greek' is working. You can be 'working' digging ditches and filling them up all you want, which is exactly the model that you espouse, you and other morons like Krugman. Germans can absolutely afford to work fewer hours, as they are very efficient because of the capital that they built up and created the tools that make them so efficient.
You have no idea what productivity is, you have no idea what efficiency means. In the former USSR people were 100% occupied and produced JACK SHIT compared to 'lazy' almost anybody at the time.
You are an idiot. Debts that are not repaid by creating actual economic output and instead used for consumption purposes do not generate economic growth.
Yeah, well, in Russian 'going left' is a synonym for cheating on your spouse.
As a famous Russian satirist said: Every man has the right to the left!
I read it, it's a bunch of nonsense and vague statements about future reforms.... sure, sure.
The reality is that Greece needs to be booted out of EU. German people are not interested in donating (and lets be clear, this is a donation, not a loan) more money to the Greeks standing with their hands out.
Without this bailout Greece would be forced to implement government spending cuts that would reform the economy and make it self sustainable. With this bailout this same exact problem, only with much larger numbers is going to replay itself a few years down the road. There is no escape - living on a handout does not produce any wealth, does not create a working economy, it simply creates even more culture of dependency and that culture will never go away until it is forced to simply by lack of free money.
Without the free money Greeks would restructure their economy. With the free money Greeks will do nothing but spend the money and ask for more. That document is for show, it means nothing.
Now, if you wanted a REAL document and a solution, Greece would be forced to repay at least some of its debts by selling its assets immediately. Then they could restructure the debt, pay 60 cents on the dollar or 30 cents on the dollar, doesn't matter. But they would truly display willingness to work with the lenders.
What this is here, it is the display of denial from the Greeks and it is display of weakness from the Germans who cannot reign in their crazy government that is stealing from the Germans.
If Greeks want charity, they should ask for charity from those same Germans. If Greeks want a real economy, they should build their economy by eliminating their unsustainable government programs and reducing their taxes.
The real austerity comes in the form of very low taxes and very little government and without this there will be no rebuilding of the economy.
I said this before and my comments went up to +5 and then to 0 and back to +5 and back to 0 and then to +5 and now to 2 I think (or whatever it is at the moment).
Clearly this is a contentious issue, but it is the only solution. Moderating my comments lower does not change reality, it only prevents me from replying to other comments, so it's your call whether you want me to reply to other comments (even in this thread) or not.
Welcome to the club. You know, if you keep it up you will develop a strong following of crazy moderators to shut you up at any opportunity. Karma here is used to control speech, you will learn it in a short order.
Well, you give a monkey a robotic arm and you get Kiko doing whatever Kiko does...
You give rats a computer to command and rats end up using the computer to crawl into a dark place, maybe in search for food.
Of-course it is up to you, as a developer to use the understanding of a rat's mind to apply the rat's way of thinking to solve a problem, but now not only are you a computer programmer but also have to be a rat's psychology expert.... Well, maybe some of us are, given what kinds of people we sometimes have to deal with.
A medical application: how about using this (or a similar) device to pull foreign objects stuck in people's vital organs?
This guy had a pitchfork 'tooth' stuck under his eye, 10 cm of it entered his brain. Doctors were able to remove the object successfully this time.
Who knows, another time it could be more difficult. Attach the object to this reduction gearing device and slooooowwlyy pull it out, letting the blood clot or even tissue scar in process maybe.
Let's kill all advertising so that you will not be able to find any new products or services and no company could find a client who didn't know the company directly somehow. Wouldn't it be great, not to know about anything people are trying to create for you?
Ha ha ha ha ha, sure, you can believe in magic if you like, in this reality though we obey the laws of thermodynamics, especially conservation of energy and momentum. You cannot consume what you did not produce.
Take an empty island, put 1,000,000 people on it and if they do not produce they will not eat. No amount of funny money printed by 'government' will solve that very basic issue of food and energy and shelter and other life necessities (and luxuries) not coming into existence just because you printed some candy wrappers.
The reality is that the USA will never have trouble 'selling' its bonds, because the federal reserve just buys them if nobody else will or it wants to drive down interest rates
- I absolutely agree with you, which is why the bond collapse will happen as the result of the currency crisis, which will result from this inflation.
Essentially the fed, ECB, BoE are saying to savers go and spend your money, stop hoarding it. But savers are not listening so aggregate demand is still broken.
- of-course people don't want to spend on bonds and stocks that is the 'demand' we are talking about, let's be clear about it. People are not buying the bonds and stocks that governments want to see selling.
The reality is that the inflationary policy is destroying the economy and a destroyed economy will collapse in its own right, the currency collapses because of the government spending that the mob wants and the economy collapses due to this gigantic misallocaiton of resources. The currency collapse triggers the bond market collapse, since bonds are currency promised in the future.
Japan is stagnating specifically because it is inflating like the USA but its currency is NOT the so called 'reserve', and so the inflation that Japan is producing stays within its own borders, it's absorbing its own inflation and destroying its own economy.
The USA is using the status of the 'reserve currency' to spread the misery around, spreading inflation is national past time, the biggest USA export is its inflation, which creates inflation everywhere else before taking home back to the USA. This is happening of-course anyway, it's manifesting itself as destruction of the productive sector, gigantic real unemployment, class warfare, bubbles in everything everywhere.
The 0% Fed's interest rate for 7 years put USA economy on the inflationary needle and this drug will not be kicked without a huge collapse first, no junkie kicks his habit before hitting the rock bottom.
The clear best answer for the economy in general is free market and removal of government from money and interest rate manipulation, abolition of the welfare state and restructuring of all debts. Whether saving is worth more than borrowing is a question to the healthy free market, something that USA lost long ago.
Ha ha, what a funny comment.
Money is
1. Store of value.
2. Means of exchange.
3. Unit of account.
I understand that it's way above your head, since you believe money to be CREATED by government, which is absolute, unadulterated, pure 100% nonsense that leads to disasters like Greece, like Zimbabwe, like USSR and hundreds of others.
Government cannot create money any more than government can create anything and it does not create anything of any productive value and it shouldn't.
Money comes into existence when new goods are produce that people are willing to exchange for, in that case money comes into existence through deflation of money supply with regards to the total productive output.
Money comes into existence when people decide what it is that they actually want to exchange in and store value in and what is easy to count, divide, add, subtract, which is why gold is money.
Money does not come into existence by any government magic or by any other form of magic, that is true, the only thing that government 'magic' (or fractional reserve magic for that reason) can do is take value from existing assets and redistribute it by lowering asset values. This trick really only works if the government has a monopoly on that type of asset, which is why government sets up counterfeiting laws that prohibit competition to the counterfeiting operations that government is running whenever it turns on the printing press.
The real USD existed when in fact IT WAS AN IOU, it was a banknote issued by the bank who promised to deliver gold upon receiving the note.
What governments do is not money creating, what governments do is price controls, exchange controls, inflation and theft, but they cannot create money. A government can dilute the value of all money in existence but it cannot create money, it cannot add net value into the system, it can only subtract net value.
An organization that is capable of adding net value into the system runs a profitable business, not a government, which lives on coercion backed by deadly force.
Anyway, I am sure this is either completely above your head and/or completely against your propaganda.
This 'no' vote self-imposes the spending cut that Greece hates to see but the 'yes' vote also imposes the spending cut. There is no way to avoid a spending cut for Greece.
Austerity is a strange word, it sounds sterile, it has strange connotations. The correct term is spending cuts.
You cut spending if you cannot afford what you are spending on and when you cannot borrow to spend either and in case of chronic offenders the sooner the creditors realize what they are dealing with the healthier for everybody. It's healthier for the spender, who has to come to terms of the impossible situation he is in and it is healthier for the creditor, who will avoid losing even more money. It is healthier for the overall economy not to have welfare State system in the first place, to have people consume based on what they produce and not based on what can be taken from somebody else without any form of repayment.
Real money does not come into being by magic, it is not printed into existence, it is not magically created on a computer. Real money is the result of productive activity, where the word 'productive' really means that something is being produced that others are voluntarily willing to trade for in a way that is sustainable for both, the producer and the consumer.
The world has been playing with fire for the last 100 years with everybody being on fiat, it's been playing with a gigantic fire since the USD became uncontrollably inflationary due to it not being backed by any production (USA has been running half a Trillion USD trade deficit for over a decade now) nor by any money reserves (USD is not backed by gold, Nixon defaulted on the dollar back in 1971, and that's how these problems of inflationary policies and welfare state accelerated).
USA has its own version of what is Greece experiencing right now, that's what 'debt ceiling' is. Many believe that USA can simply print bonds and sell them and get out of jail free, however this only works as long as somebody buys those bonds and the bond market is the biggest bubble of all. USA will have its own currency crisis and bonds are currency promised into the future, so that will also collapse.
As Germany now refuses to just pour money into this bottomless pit called Greece, people will refuse to just pour money into the bottomless pit called USA and that will be even more interesting to observe.
Everybody who tells you 'austerity does not work' are full of it. Austerity means you are not spending money you didn't earn and especially where it concerns consumption rather than investment, and ALL things that people want government to spend on are consumption and not investment, so the important distinction is this: government must be austere, only government austerity can reallocate the scarce resources to people, who will rebuild the economy.
In the long run Greece is better off because of this spending cut, it will learn to live within its means and maybe to produce more and it will have a healthy economy. But like any alcoholic or drug addict apparently it will have to hit the rock bottom before it will reform.
Doing some some PCI compliance certification stuff and a scan shows that the site is not compliant, the reason being that TLSv1 is supported. Turning TLSv1 off kills off support for a number of older browsers, all types of browsers.....
(nginx)
server { .....
ssl on;
#ssl_protocols TLSv1 TLSv1.1 TLSv1.2;
ssl_protocols TLSv1.1 TLSv1.2;
}
}
Now I am trying to figure out what to do about this problem, how to detect the clients that do not support TLSv1 and to redirect them to a simple html page instead of the clients pretty much receiving 'connection reset by server' error.
No dice so far, but I thought this was only supposed to happen a year from now (June 2016, not 2015), oh well.