Go borrow 300% of your disposable income in an unsecured loan, make the interest payments but also keep borrowing more every month and see how anxious your bank is to keep lending you money.
Credit ratings are based on estimates of how likely you are to pay your debts in the future. Past behavior figures in, but also your current financial situation. Your current income less your total obligations, including iinterest payments, definitely figures in.
It doesn't matter if the economy grows anyway because economic growth generally comes along with increased government responsibilities - more infrastructure to build and maintain etc. It's not like you getting a raise.
Except you have $10, you owe Billy $3, you owe your wife's trust fund $10 and your living expenses are going to be $15 this year. How much money do you have? Oh, and if you don't pay back your wife soon she's going to default on HER loans and hate you forever.
The rest of the world has been terrified of that for a while now. Unfortunately the only idea we've managed to come up with is to pretend nothing's wrong.
Re:Then Why Are We Seeing the Same Negative Effect
on
Debt Deal Reached
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· Score: 1
The US credit rating has been in danger of being downgraded for years, and the credit rating agencies themselves say it's because of out of control spending.
Sure, because none of those South Korean games plays for an audience, and nobody plays sports without an audience and mass marketing. You have a strange view of the world.
I suspect an essential part of what the authors term an "unshakeable belief" is that you're willing to go out and evangelize. Most atheists don't do that.
In front of me. Behind me. To my left. To my right. The coordinate system can be entirely defined by your own frame of reference and does not require another point.
Imagine you're in a completely empty universe. Nothing but you. Then you fire the rocket pack attached to your back. You'll know you're accelerating, and you'll be able to describe the direction, with no reference point besides yourself.
As another example, have you ever found yourself in pitch blackness? Did you have trouble figuring out where "down" was?
You might want to brush up on basic physics a little bit, or take a slightly more humble attitude.
Just because you've given an example of using a frame of reference to measure an acceleration doesn't mean you HAVE to have a frame of reference. Mistake #1.
Your example is actually wrong as well. According to general relativity, you are accelerating at this moment (in one direction, not "two directions at once"). That direction is commonly called "up." If you were to walk off a cliff, as you so generously suggested I do, then you would in fact NOT be accelerating. Surprising as it may seem to you, you would be experiencing unaccelerated motion while the rest of the planet accelerated towards you at 9.81 m/s^2. Yes, I know it sounds funny and your mastery of "basic physics" and "vectors" seems to tell you otherwise, but if you read a little bit more physics you'll be exposed to some of these funny ideas that seem to work out remarkably well.
The "if you're floating in deep space with nothing around you" is a thought experiment. Einstein put you in an elevator that you couldn't see out of. Newton stuck you in a universe with absolutely nothing in it, not even CMB. Or maybe you just don't have a handy radio telescope with you!
Quit trying to be clever and use your imagination.
Well, let's see. You can feel acceleration. If you pull down the window shades in a plane can you tell when it takes off? You could get a glass of water and observe the angle of the water in the glass (which is actually very appropriate because it's related to a famous thought experiment called Newton's Bucket). You could observe a swinging pendulum. You could use an accelerometer, solid state or gyroscopic, your choice.
There are LOTS of different ways to do it, and no, unfortunately, no Nobel prize.
Be very, very careful about taking a definition and making assumptions.
Einstein tells us there's no such thing as gravitational acceleration. In general relativity the unaccelerated frame is the one where you fall freely under gravity's influence, NOT the one where you resist it.
Sitting on your couch, you are accelerating at 9.81 m/s^2. Yes it seems weird. Yes, it works out very well.
Slashdot Mirror
Well, I'm not an expert on the subject, but I'd expect even an unplugged USB cable up the ass to feel like SOMETHING.
So what you're saying is, unless you have a severely current limited source, it's voltage that kills.
I remember paying $10 apiece for CD blanks, and not archival ones.
Microscopes are pretty easy to make.
What exactly do people think happens to waste water? If your water comes out of a river or lake, unless you happen to be at the headwaters....
This is Slashdot, where people complain bitterly if things aren't handed to them, for free, on the Internet, in a format they prefer.
Write a letter? Politely? Are you serious?
How about the etc?
They might just buy based on which table will run Angry Birds, etc. though.
Go borrow 300% of your disposable income in an unsecured loan, make the interest payments but also keep borrowing more every month and see how anxious your bank is to keep lending you money.
Credit ratings are based on estimates of how likely you are to pay your debts in the future. Past behavior figures in, but also your current financial situation. Your current income less your total obligations, including iinterest payments, definitely figures in.
It doesn't matter if the economy grows anyway because economic growth generally comes along with increased government responsibilities - more infrastructure to build and maintain etc. It's not like you getting a raise.
Interest?
Except you have $10, you owe Billy $3, you owe your wife's trust fund $10 and your living expenses are going to be $15 this year. How much money do you have? Oh, and if you don't pay back your wife soon she's going to default on HER loans and hate you forever.
The rest of the world has been terrified of that for a while now. Unfortunately the only idea we've managed to come up with is to pretend nothing's wrong.
The US credit rating has been in danger of being downgraded for years, and the credit rating agencies themselves say it's because of out of control spending.
http://www.ft.com/cms/s/0/40f3a2be-bfa9-11dc-8052-0000779fd2ac.html
It's not just the US government. The US people are doing the same thing: http://en.wikipedia.org/wiki/Consumer_Leverage_Ratio
Sure, because none of those South Korean games plays for an audience, and nobody plays sports without an audience and mass marketing. You have a strange view of the world.
"total benefits of $686 billion were paid out versus income (taxes and interest) of $807 billion, a $121 billion annual surplus"
Interesting. Perhaps that's why the US is so so far in debt.
I suspect an essential part of what the authors term an "unshakeable belief" is that you're willing to go out and evangelize. Most atheists don't do that.
About as much as teachers tell legal clients when they can go to the bathroom, I guess.
In front of me. Behind me. To my left. To my right. The coordinate system can be entirely defined by your own frame of reference and does not require another point.
Imagine you're in a completely empty universe. Nothing but you. Then you fire the rocket pack attached to your back. You'll know you're accelerating, and you'll be able to describe the direction, with no reference point besides yourself.
As another example, have you ever found yourself in pitch blackness? Did you have trouble figuring out where "down" was?
Ah, it's the know it all Slashdotter.
You might want to brush up on basic physics a little bit, or take a slightly more humble attitude.
Just because you've given an example of using a frame of reference to measure an acceleration doesn't mean you HAVE to have a frame of reference. Mistake #1.
Your example is actually wrong as well. According to general relativity, you are accelerating at this moment (in one direction, not "two directions at once"). That direction is commonly called "up." If you were to walk off a cliff, as you so generously suggested I do, then you would in fact NOT be accelerating. Surprising as it may seem to you, you would be experiencing unaccelerated motion while the rest of the planet accelerated towards you at 9.81 m/s^2. Yes, I know it sounds funny and your mastery of "basic physics" and "vectors" seems to tell you otherwise, but if you read a little bit more physics you'll be exposed to some of these funny ideas that seem to work out remarkably well.
The "if you're floating in deep space with nothing around you" is a thought experiment. Einstein put you in an elevator that you couldn't see out of. Newton stuck you in a universe with absolutely nothing in it, not even CMB. Or maybe you just don't have a handy radio telescope with you!
Quit trying to be clever and use your imagination.
Well, let's see. You can feel acceleration. If you pull down the window shades in a plane can you tell when it takes off? You could get a glass of water and observe the angle of the water in the glass (which is actually very appropriate because it's related to a famous thought experiment called Newton's Bucket). You could observe a swinging pendulum. You could use an accelerometer, solid state or gyroscopic, your choice.
There are LOTS of different ways to do it, and no, unfortunately, no Nobel prize.
Be very, very careful about taking a definition and making assumptions.
Einstein tells us there's no such thing as gravitational acceleration. In general relativity the unaccelerated frame is the one where you fall freely under gravity's influence, NOT the one where you resist it.
Sitting on your couch, you are accelerating at 9.81 m/s^2. Yes it seems weird. Yes, it works out very well.
Sit down. Feel that on your ass? That's you detecting acceleration.