Wow. You just said you can't wait for a depression and you predicted serious deflation. You recommended people store fiat cash instead of using interest-paying, FDIC-insured accounts. I can't believe I'm hearing this. You don't live in a bunker and publish an apocalyptic newsletter, do you?
There was one thing in your post that wasn't insane: Buy businesses when times are tough, aka "time the bottom." It's good advice, as long as you realize that you won't be able to time it perfectly, and you will take some losses before the turnaround (or opportunity costs if you wait too long).
How you rationalize this while talking about a depression is beyond me, though. In a real depression, there are very high bankruptcy rates, so "the bottom" may be zero.
You are absolutely wrong. The US economic slowdown is being lead by falling home values which lead to less consumer spending and higher risk aversion among bond investors and banks.
The falling dollar is helping the economy because it makes US-made goods and services more attractive on the international market in the short term (see IBM).
The great thing about all of this is that Wall Street only invests based on next quarter's profit projection. That means stock prices come way down, and you can make a killing over the next few years if you buy during the darkest days.
Once the first headline comes out saying median home prices have risen, the stock market will likely go up 7% in one day.
This is also the country where children go to school 10 hours a day, 6 or 7 days a week, from the age when they can hold a pencil until they go to university.
It is also the country with the highest suicide rate.
We DO have effectively unlimited energy. It's called The Sun. We also have almost-unlimited resources. All the metals we mine stay on earth, and the earth goes a lot deeper than we dug thus far. Landfills could be mined by autonomous solar-powered robots. Capitalism is highly adaptive.
I don't really think it's racism. I mean, race has nothing to do with the topic at hand. My suspicion is that these sorts of trolls only use that word because it is the most taboo of all words. It's one of the only words that can really get a reaction out of people, that can end careers. It is a word so powerful, that if it is used while committing a crime, the crime becomes many times more serious. That word is used because we, as a society, give it a special power.
There are no net benefits of a nation-at-war state. That is a common myth. Please stop perpetuating it. The more this belief is spread, the more likely we are to allow our lives and fortunes to be squandered on destruction in the future.
9. It's Friday, everyone drink a beer or something.
My doctor just called me and said my blood tests show "elevated liver enzymes" and I can't drink a drop until they do another test. A good Science & Empiricism vs. Religion & Dogma flamewar may be the only way to keep myself distracted while my friends are at the bar this weekend. Please don't ruin my fun.
PS: Please please please become an organ donor if you aren't already. This is always good advice, but it never really registered with me until today.
Real alcoholics shouldn't worry about this. If you become a regular at a bar, the bouncers will not ID you every time, because they know you are over 21.
Alternatively, you could powder your hair, but that makes it harder to pick up chicks.
Being a bank in Second Life isn't very attractive to real banks, because they can't create money in Second Life, like they can in the real world.
They can't really create money IRL. They can create debt, and if they don't put that debt to good use, banks lose a lot of REAL money. My Bank of America stock is down 20% in a matter of WEEKS. I thought, if Warren Buffet owns it, it can't be too bad. Looks like Buffet and I are both fools, now.
If they really could just create money, I demand BAC create enough money to bring me back to even. Oh, wait. They can't.
This all may not make any sense to you, especially if you got your economics education from Youtube University propaganda videos from the Paulistinians.
In other news, VMware just announced their "Virtual Floating Datacenter Appliance." This new device is much like their previous offerings, except it smells like fish and goes offline when weather.com reports a tropical storm in the area.
Somehow, computer-controlled transportation companies from trains to escalators have managed to persist despite potential legal threats. This is no different. Trains and planes wreck too, you know. And their flight paths and most/all of their functions are controlled by computers.
A lot of people love horses as much as you love cars. They still drive to work.
Also, people like you are not safe. I don't want you getting your rocks off from unnecessary acceleration while I'm trying to get to work. Ride a roller coaster or go to a track. Safe driving is never an "'adventure'".
This article is about GM. The majority of GM's customers do not live in Germany. Also, most drivers are concerned about getting from the front doors of their houses in the suburbs to the parking lots at their offices in their daily commute. Trains can't do that.
Your snide remark at the end is pretty funny, though. At least you have one thing about your lift to be proud of.
I need a driverless car. I want to be able to sleep/study/play video games while on the road. I want the the perfect attention and instant response of a computer keeping me safe. And I don't want to pay someone to do it for me.
Seriously, how can you even ask this question? Have you ever heard of the broken window fallacy?
Being a person and a coder, having experience with both humans and software, I can confidently tell you that computer-controlled cars will have lower fatality rates than cars controlled by humans. Computers won't drive drunk, fall asleep, tailgate, scream at their boyfriends over their cellphones, or "zone-out." They will be able to instantly notify all nearby cars if there is a mechanical problem with the cars. The nearby cars will have instant reaction time.
There will be mistakes and deaths, but they will be far fewer than we have today.
Eventually, GOOG will use it's huge market cap to move in to the Auto space. They will begin offering free, advertising-sponsored cars. They will monitor your driving habits and steer you near relevant businesses, showing ads for the businesses in the HUD.
So if they want to search your laptop, but your batteries are dead, it is encrypted, or is in some other way inaccessible, they steal it? Are you sure? Has that actually happened, ever, anywhere?
It is possible to encrypt the contents of the hard drive using a SmartCard, then mail the SmartCard to your destination in advance of your border crossing. By doing so, it would be absolutely impossible* for you to give them access to your data. And while they may have the legal authority to search your laptop at the border, they do NOT have the authority to break in to your destination address and take the SmartCard (without probable cause, warrant, etc.).
* For the cryptographers and pedants in the crowd, feel free to substitute the word "infeasible."
Do you have a real job? I loved programming for fun, and taught myself several languages. Once I had a programming job, I stopped using my leisure time to code because coding felt like work, not leisure.
He didn't say "people who took the hardest AP chemistry course and paid close attention in highschool" should know this. He said "anybody who took highschool chemistry." Big difference.
Registered apprenticeships? Fewer schools? That's a great idea! Maybe we can artificially inflate the cost of labor so that it is so high, every business must outsource it to a more capitalist country in order to compete!
Adding artificial barriers in the economy never makes sense if you are looking at the big picture. Ask any economist. You just can't legislate real value into existence.
But, and this is the worst point, which even someone who only did very basic (highschool?) chemistry should immediately note, the compound can never form in this way. That's the first thing you learn about double bonds: they're flat or nearly flat. Admittedly, in fullerene and carbon nano-tubes, there is a certain curvation (making them not as stable as graphite), but if you look at this crystal structure, the double bonds have a dihedral angle of about 90 degrees. It's totally impossible to obtain this compound and everybody with scientific education should know this. The molecular orbitals can't form this way.
Holy crap! Where did you go to high school? I had to memorize the periodic table, perform a few experiments ("mix A with B and record the change in temperature"), and listen to endless safety warnings and goggle-instructions. Your high school must have been awesome, by comparison.
I also had a "scientific eduction" in college, but that included only one materials science class and one chemistry class. It wasn't my field, and I don't remember much of it because I haven't used it since the final exam.
Do you live in a country of chemistry supergeniuses? I'm sure I could pick a few random facts from my college physics, math, or compsci classes, claim everybody with a scientific eduction should know them, and make you feel like crap, too.
You can prove God does not exist, for every god-theory in practice. For example, if the Bible is supposed to describe one god, you need only a contradiction to disprove itself. "God is good," and "god commanded the Israelites to kill the men of the rival tribe and take the women as sex slaves" in the same god-theory is a contradiction.
It is possible to construct a god-theory that is nonfalsifiable, but the Jewish, Christian, Muslim, etc, etc god-theories are falsifiable, and the Internet is full of bible contradiction lists doing just that.
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Wow. You just said you can't wait for a depression and you predicted serious deflation. You recommended people store fiat cash instead of using interest-paying, FDIC-insured accounts. I can't believe I'm hearing this. You don't live in a bunker and publish an apocalyptic newsletter, do you?
There was one thing in your post that wasn't insane: Buy businesses when times are tough, aka "time the bottom." It's good advice, as long as you realize that you won't be able to time it perfectly, and you will take some losses before the turnaround (or opportunity costs if you wait too long).
How you rationalize this while talking about a depression is beyond me, though. In a real depression, there are very high bankruptcy rates, so "the bottom" may be zero.
You are absolutely wrong. The US economic slowdown is being lead by falling home values which lead to less consumer spending and higher risk aversion among bond investors and banks.
The falling dollar is helping the economy because it makes US-made goods and services more attractive on the international market in the short term (see IBM).
The great thing about all of this is that Wall Street only invests based on next quarter's profit projection. That means stock prices come way down, and you can make a killing over the next few years if you buy during the darkest days.
Once the first headline comes out saying median home prices have risen, the stock market will likely go up 7% in one day.
We DO have effectively unlimited energy. It's called The Sun. We also have almost-unlimited resources. All the metals we mine stay on earth, and the earth goes a lot deeper than we dug thus far. Landfills could be mined by autonomous solar-powered robots. Capitalism is highly adaptive.
Don't panic.
I don't really think it's racism. I mean, race has nothing to do with the topic at hand. My suspicion is that these sorts of trolls only use that word because it is the most taboo of all words. It's one of the only words that can really get a reaction out of people, that can end careers. It is a word so powerful, that if it is used while committing a crime, the crime becomes many times more serious. That word is used because we, as a society, give it a special power.
There are no net benefits of a nation-at-war state. That is a common myth. Please stop perpetuating it. The more this belief is spread, the more likely we are to allow our lives and fortunes to be squandered on destruction in the future.
PS: Please please please become an organ donor if you aren't already. This is always good advice, but it never really registered with me until today.
Real alcoholics shouldn't worry about this. If you become a regular at a bar, the bouncers will not ID you every time, because they know you are over 21.
Alternatively, you could powder your hair, but that makes it harder to pick up chicks.
If they really could just create money, I demand BAC create enough money to bring me back to even. Oh, wait. They can't.
This all may not make any sense to you, especially if you got your economics education from Youtube University propaganda videos from the Paulistinians.
In other news, VMware just announced their "Virtual Floating Datacenter Appliance." This new device is much like their previous offerings, except it smells like fish and goes offline when weather.com reports a tropical storm in the area.
Somehow, computer-controlled transportation companies from trains to escalators have managed to persist despite potential legal threats. This is no different. Trains and planes wreck too, you know. And their flight paths and most/all of their functions are controlled by computers.
A lot of people love horses as much as you love cars. They still drive to work.
Also, people like you are not safe. I don't want you getting your rocks off from unnecessary acceleration while I'm trying to get to work. Ride a roller coaster or go to a track. Safe driving is never an "'adventure'".
This article is about GM. The majority of GM's customers do not live in Germany. Also, most drivers are concerned about getting from the front doors of their houses in the suburbs to the parking lots at their offices in their daily commute. Trains can't do that.
Your snide remark at the end is pretty funny, though. At least you have one thing about your lift to be proud of.
I need a driverless car. I want to be able to sleep/study/play video games while on the road. I want the the perfect attention and instant response of a computer keeping me safe. And I don't want to pay someone to do it for me.
Seriously, how can you even ask this question? Have you ever heard of the broken window fallacy?
Being a person and a coder, having experience with both humans and software, I can confidently tell you that computer-controlled cars will have lower fatality rates than cars controlled by humans. Computers won't drive drunk, fall asleep, tailgate, scream at their boyfriends over their cellphones, or "zone-out." They will be able to instantly notify all nearby cars if there is a mechanical problem with the cars. The nearby cars will have instant reaction time.
There will be mistakes and deaths, but they will be far fewer than we have today.
Eventually, GOOG will use it's huge market cap to move in to the Auto space. They will begin offering free, advertising-sponsored cars. They will monitor your driving habits and steer you near relevant businesses, showing ads for the businesses in the HUD.
So if they want to search your laptop, but your batteries are dead, it is encrypted, or is in some other way inaccessible, they steal it? Are you sure? Has that actually happened, ever, anywhere?
It is possible to encrypt the contents of the hard drive using a SmartCard, then mail the SmartCard to your destination in advance of your border crossing. By doing so, it would be absolutely impossible* for you to give them access to your data. And while they may have the legal authority to search your laptop at the border, they do NOT have the authority to break in to your destination address and take the SmartCard (without probable cause, warrant, etc.).
* For the cryptographers and pedants in the crowd, feel free to substitute the word "infeasible."
Do you have a real job? I loved programming for fun, and taught myself several languages. Once I had a programming job, I stopped using my leisure time to code because coding felt like work, not leisure.
He didn't say "people who took the hardest AP chemistry course and paid close attention in highschool" should know this. He said "anybody who took highschool chemistry." Big difference.
Registered apprenticeships? Fewer schools? That's a great idea! Maybe we can artificially inflate the cost of labor so that it is so high, every business must outsource it to a more capitalist country in order to compete!
Adding artificial barriers in the economy never makes sense if you are looking at the big picture. Ask any economist. You just can't legislate real value into existence.
I also had a "scientific eduction" in college, but that included only one materials science class and one chemistry class. It wasn't my field, and I don't remember much of it because I haven't used it since the final exam.
Do you live in a country of chemistry supergeniuses? I'm sure I could pick a few random facts from my college physics, math, or compsci classes, claim everybody with a scientific eduction should know them, and make you feel like crap, too.
You can prove God does not exist, for every god-theory in practice. For example, if the Bible is supposed to describe one god, you need only a contradiction to disprove itself. "God is good," and "god commanded the Israelites to kill the men of the rival tribe and take the women as sex slaves" in the same god-theory is a contradiction.
It is possible to construct a god-theory that is nonfalsifiable, but the Jewish, Christian, Muslim, etc, etc god-theories are falsifiable, and the Internet is full of bible contradiction lists doing just that.