- the flaws in capitalism are known already and there has been extensive research into it. The obvious thing that crosses your mind over and over again is if whether or not we've shot ourselves in the foot by not allowing greater practical experiments into alternative social systems or else mechanisms to alter capitalism to make it more workeable into the future? The obvious methods for band-aiding over capitalism are changing our method of valuation and accounting (already done in a number of ways if you are aware); debt jubilees; bail-ins/bail-outs; SDR's and MMT; seeking alternative methods for re-distribution (it's obvious that greater capital accumulation requires a mechanism to achieve re-distribution which means TTIP/TPP makes sense if higher taxation is not possible); taking turns (which seems to happen anyhow. Watch the wealth distribution over the last few decades and it fluctuates like a sinusoidal curve at times in some countries to help re-distribute wealth (as long as different parts of society get their piece of the pie it works); obfuscation (make it difficult as possible for people to see through all the junk); changes in the monetary system (dropping smaller denominations over time leads to artificial growth); externalising our problems further (in spite of what we say it's clear that we still do this); relying on other sources of growth (such as outer space. Life science is particularly interesting for me in this context because you can basically gain growth without doing much work. Obvious problems are related to safety and regulation); changing the rules (it's clear that there are 'bubbles of wealth'. We just change the rules which will force re-distribution (easier said than done). I mentioned previously that that by having terminal limits on company size all countries have a chance at competing but since companies can easily pickup and leave countries nowadays it could lead to a race down to zero for everyone); straight out deception and corruption (make up figures then there actually are to create confidence in the system); basic income/helicopter money (could lead to hyper-inflation); straight out regulatory manipulation (change financial system to enable rebalancing of trade flows); re-orientation of economy to mercantilism (could lead to conflict); limits (people can only take high income jobs for a short while or they can only take a limited number of hours, in reality this happens in real life anyway based on what I've seen); etc...
- get more people into the workforce. For instance, let's keep our old people healthy and working for longer and more women into the workplace
- hybrid economy setup. Namely, similar to the Chinese. Lose some freedoms but with the added benefit of growth
difference law china united states
life in russia vs united states
life in china vs united states
Is Russia Too Corrupt for International Business?
- I looked over history (over several thousand years) and it seems as though income inequality has remained roughly the same, social mobility has remained roughly the same, etc? The key thing is that our science and technology has become a lot better? Look deeper into history and it seems as though we have some morbid historical roots to a lot of concepts in our society? For instance, the word 'mortage' translate from Latin into 'death contract' in English
- de-thaw relationships with foes instead of maintaining rivalries (difficult considering some of the countries who are on the outer. I'm guessing I'm only scratching the surface with regards to what may be happening. It may be impossible to do this?) Completely abandon practice of non-conventional/hybrid/economic warfare
- read between the lines and it's easy to figure out what may have happened between some religions and their states (for instance, the USSR). If you know enough about religion then you'll realise that their have been rumours of people with pre-cognitive abilities who could directly communicate with God (prophets). Evidence for the existence of these people has not been clarified in spite of people speculating about their existence for much of human existence (and also much secret experimentation by the defense forces in particular. They've said they didn't learn anything but I'm not so sure?). My guess is that they discovered that many within the religions weren't genuine 'prophets' (people who have pre-cognitive abilities which were perhaps 'gifts from God'?. Ironically, if you know about some advanced science such as Quantum Entanglement Theory, Relativity Theory it doesn't necessarily exclude or force you to conclude the existence or non-existence of a God but it does help to explain this phenomenon. The other funny thing is that it's actually easier to explain if there is a God rather than not?). Most of them may have been simply have been practising what we know as 'science'. This ultimately led to the schism that we had in some societies? That's not to say that they were complete charlatans. They probably honestly didn't know themselves and there may have been some genuine prophets amongst them who couldn't explain what was happening to them? Which leads us to another conundrum? It's clear that even if there are still genuine prophets around we may have simply stopped listening to them (clear that some cultures/religions cling on more ardently to traditional religious values though. The other obvious possibility is that these people were simply mentally ill and that's why they were hearing voices, https://en.wikipedia.org/wiki/Schizophrenia. This possibility is difficult to believe in entirely though as sometimes information that comes via it can not be easily obtained via standard techniques)?
- it's easy to become extremely cynical of what (both local and international) politics has become now (watch it closely for long enough). It's easy to explain and if you understand the system and mentality of those who are involved. Someone we've ended up creating a network of 'dependencies' in the belief that mutual interests will stop us from going into conflict with one another. The irony is that (as I've said previously) we've done this in the leadup to the other World Wars and capitalism (our socio-economic system) is once more showing it's flaws. We're going to try and paper over the cracks but fundamentally we need a new system. The difficulty here is that if we go down this route power structures may change completely which may result in conflict and ultimately violent revolution
- try to save/subsidise the US (since they seem to part of the 'core' of the global economy) by having others pay their share (Trump style policies. To a certain extent China saved the US and the global economy during the 2008/2009 GFC). The difficulty is that if the the socio-economic model breaks down in the US or countries that are subsidising it then what are we fighting to save?
Trump vs Establishment - President-elect may hit wall of resistance from govt on big policies
Infamous 'ghost city' hopes housing coupon system may solve real estate glut
Obama defends globalisation on Germany visit
'Italians first' - Hundreds protest Montello barrack's transformation into a refugee shelter in Italy
‘At work across Europe & UK’ - MI5 chief says Russia is growing threat to Britain
- for me, the biggest irony is that the world has basically ended up converging in on hybrid social systems. The US/West has taken aspects of social systems from the East and vice-versa
- systemic efficiency. Big data in an economic fashion (as stated in previous post). Collect taxes, reduce criminality, reduce incidences of tax evasion, cash economy, etc...
Schindler's List (1993) - Rotten Tomatoes
- proliferation of Islamic, Jewish, Christian banking (advocated by some other religion) actually forces back money into more areas of the economy where we're actually producing more goods/services rather than just taking bets on things that may not be worthwhile (I'll explain why these are bets and not investments in the next point. There's another bonus of this. The financial sector typically doesn't produce anything tangible. An economic system collapse means there's nothing to fall back on. A good example of this is food production. If you produce food and speculate on it's price even if the price of food collapses you still have something tangible to eat)? Not worthwhile if you require a stronger currency though
- one of the interesting things about history is that it's clear that if we hit particular levels of inequality it starts to bring about political unrest and possible revolution. By having left and right political parties it sort of allows us to effectively figure out the balance of power and spread of wealth around the world without having to resort to violence (as long as democracy works the way it's supposed to?) The problem is that democracy feels like it's being subverted at the moment (you'll see what I mean in the next point)?
- one thing that is obvious is that politicians must pay greater and greater heed towards the large corporates who often employ a large number of people (directly and indirectly) within their local constituency. The irony is that larger firms often have lower growth and are fewer in number. Moreover, in the past it seems clear that society worked better when things were better balanced. Our current policies feel almost self defeating at times and maybe indicate a greater disconnect between political class and the general population (I guess this is a problem that all states have not just the US though) than ever before (one really strange thing I've recently found out is that most of the time US citizens have been more unhappy then happy (over decades)? It's also actually really difficult to find statistics for other countries). There's one really interesting thing about this. It almost implies that it is necessary for a social system to genuinely 'collapse' before people will look at possible alternatives?
Keiser Report - How Clinton Lost the 'Rustbelt' (E997)
united states satisfaction trends
Satisfaction With the United States
satisfaction with democracy global trends
satisfaction with democracy global trends
Government and Happiness in 130 Nations: Good Governance Fosters Higher Level and More Equality of Happiness
trust in government global trends
happiness with democracy
happiness index by country
patriotism index by country
Keiser Report - The Politics of Rage (E989)
Why Trump's 'Landslide' Mandate Is Nonsense
Secret World of US Election - Julian Assange talks to John Pilger (FULL INTERVIEW)
- psychobabble (this will only hold as long as the real world doesn't really realise how bad things are getting)
Keiser Report - Attractive Debts (E999)
- at the other end of the table, people push back against big companies and start paying attention to the lower end of the ladder?
- outright war (in any shape or form, cold or hot). What I didn't realise until recently is that there may be a lot of really naive people out there. Some country pairings that are near impossible to resolve are; South Korea/North Korea, US/Russia, UK/Russia, Israel/Iran, Saudi Arabia/Iran, China/Tibet, China/Taiwan, India/Pakistan, etc... The Russia Vs US rivalry has actually occurred over several hundred years. It's wishful thinking that this will end anytime soon no matter what happens in the future. The irony is that there have been some countries who actually have semi-decent to good relations with both. For instance, Israel, France, Germany, some CIS members, etc...
COLD WAR – NO MORE Ft. Piotr Dutkiewicz, Professor of Political Science
PUTIN & CLINTON - SWEET COUPLE Ft. Steven Fish, Professor of Political Science
CrossTalk - Donald and Vladimir
CrossTalk - Russia Watching
CrossTalk - Battling Narratives
- there's one big question mark over the war option (absolute mayhem if you look at the history of the other World Wars). Namely, the proliferation of nuclear weapons. Most of them reside with the US and Russia but if you know about the yield of some of these weapons then you'll know that a small number can wipe out a state or a large part of a country. A single ship or submarine sometimes has the capability of wiping out an entire country. If they somehow go end up in a escalating game it could result in a mass extinction event for humanity
- once you live enough of life works you understand why the things are the way they are. In reality it's incredibly difficult to build a social system that isn't self corrupting. You look at the work of the church, capitalism, the implementation for Marxism-Leninism, and other social systems thoughout the world and it's incredibly interesting the thoughts and consequences that you can draw from their work. On top of this in reality it's very difficult to differentiate between people nowadays so a lot of it comes down to 'salesmanship'
- watch enough of a broad cross section of media and you'll realise that it's really difficult to have a genuine 'democracy' (the way it's intended, not the way it's often practised around the world). Another thing that is obvious is that it's very difficult to not have a socio-economic system that doesn't have inherent contradictions in place
 Pres. Candidates REFUSE To Mention NSA_Privacy, New Foreign Donor Scandal, New Wikileaks
Inside Story - Will South Korea's president be forced out of office
The Greek Depression. Hostage to Austerity.
Can Egypt's decision to devalue currency help boost its economy
Stitched up in Cambodia - When having a baby means losing your job.
Who is to blame for Venezuela’s economic collapse - UpFront
Focus on Africa - Mozambique's debt and protest in South Africa - Counting the Cost
- it's clear we've moved on from agrarian, feudal, capitalist, socialist, etc... societies but fundamentally we're still looking to somehow be rewarded with food, shelter, etc... Our methods of achieving this have become far more obtuse though. For instance, once upon a time we used to beat one another up in order to acquire hard assets such as treasure, gold, etc... Those who wished wished to partake in this ultimately gained the spoils and hierarchal structures grew larger to encompass larger and larger empires. However, the obvious problems associated with bartering led to the creation of money and banks in order to facilitate trade. Finite money supply meant the problem of wealth distribution once again needed to be confronted which leads to our next point. How best to achieve this, a 'central bank' and based on 'free market' principles people arbitrarily try to determine the value of goods in order to establish an 'economy'. If you've ever attempted to start a business you'll realise that there are enormous problems though. From time to time there are problems with financial stress and wealth distribution which can result in social unrest, riots, famine, etc... which means that we need to develop 'hierarchies' which leads us to our present circumstances. If you know enough about free market capitalism you'll realise you'll need to expand markets to achieve growth but what happens when all countries are part of your market? Spreads narrow, economy growth falters, and who knows what will happen? If you know enough about religion and socio-economic systems then you'll realise it's difficult to see how our current system can be the 'final solution'? It will take a lot of work
- democracy works up until a point. What's interesting for me (look in the point that looks at happiness index) is that democracy and happiness aren't necessarily directly correlated. In fact, it seems as though people value rule of law, prosperity, peace, etc... more than they value democracy necessarily. That's one of the reasons why people still appear to be happy in other countries despite them not necessarily appearing to be 'free' or 'democratic'. Internal contradictions in democracy are funny at times especially from the perspective of 'anarchists'. For me the funniest one is when majority rule can mean 50.1% of the popular vote which forces the entire population into doing something that they may not necessarily believe in. Some interesting thoughts from Larken Rose regarding democracy, history of China, Russia, Germany, United States, etc... One other interesting things about some of the anarchists out there is that they're 'not dumb'. There are obvious benefits to centralisation of power. For instance, great wisdom such as 'drinking clean water' is often transferred via centralised socio-economic systems. If such knowledge is curtailed in a decentralised system one wonders what might happen. Interested to see how experiments with 'direct democracy' have worked out so far (Obama administration has relied heavily on 'Big Data' apparently). Clear that it can be subverted through cyberwarfare though (problem is made worse if you deliberately put holes everywhere). Populism argument sounds ridiculous at times. The point of democracy is surely the verdict of a popular vote right?
'Hour of Populists' - MSM demonizes right-wing politicians, labels their success as dangerous trend
What's So Bad About Nazis
The Myth of Authority (Video Contest Winner)
Goebbels, The Master of Lies (RT Documentary)
Joseph Goebbels Final Speech
- there are some opportunities left for growth in the developed world (seems growth is collapsing is globally except for a few isolated countries and regions) but the opportunities are closing (both Europe, China, US, all seem to have the jump so to speak)
- switch to a theoretically sound economic model? If you read through history some analysts are saying that after the World Wars the US stacked the economic system in favour of itself (and capitalism) and it's allies (but it's technically and theoretically 'unsound'). Technically, a better model may be possible (and better for everyone) if we're willing to give up a zero sum mentality and we all play by the rules thereafter (easier said than done)?
Keiser Report - J is for Junk Economics (E982)
- better political decisions, systems, trade agreements, etc...
- reduced energy costs (already been done via renewable energy projects. Apparently, for every $10USD drop in oil/petrol prices increases GDP by 0.5%? Has obvious consequences for energy producers though)
- more debt (as long as you can grow out of it)
- a lot of voters out there who aren't really up to verse (or just don't care) about what candidates are up to? The strange thing for me is that if you watch only the debates you don't actually get much in the way of policy. Most of the policy content is gained outside of the debates. One interesting thing for me has been use of body doubles by Clinton. Watch enough images and video and you'll notice that appearance changes too much for it to be a single person
Whose policy is it anyway? US voters can’t tell who said what in campaign
trump vs clinton policies summary
EU leaders rollback anti-Trump righteousness
‘Failed two-party system is throwing US people under the bus’ – Jill Stein to RT
'I will not let you down' - Trump's victory speech
Hillary Clinton’s Elections 2016 concession speech from New York (FULL, streamed live)
- give in and go with the flow and hope that Chinese, Russian, etc... leadership will result in a possibly better life for everyone? Have no idea how much actually goes into economic/hybrid warfare but the it's clear that if things go the way China and Russia intend to then the US could find itself in a dire straights
Top Trump Adviser Has Shifting Views on Russia, Eurasia
- the middle and upper class cut back (with interlinked economy this could cause cascade of problems if you think carefully about it. For insane, luxury goods market. Every time I hear about some of the crazy renumeration opportunities at the upper end and figure out how many extra jobs that can create in the community I wonder whether or not our model is just wrong. To a certain extent this is sort of curtailed by shareholder rights but that is subverted via institutionalized voting which makes a genuine pay vs performance scenario more difficult)?
- immigration and population growth
- sea exploration. Easier said than done. Many cost, safety, practicality issues in play here
- space exploration. Easier said than done. Many cost, safety, practicality issues in play here. That said, advanced technology such as that forced upon us by space research and development would almost certainly force economic growth (provided we can gain a return on investment)
- hope and pray that science and better technology will somehow provide us with a means of providing us jobs (even though it may also destroy a lot of job opportunities as well)
- work harder, more productively, more intelligently, etc...
- just get smarter with the way we use our resources. There may be plenty of opportunities for us to exploit our resources but we simply don't know about it?
- it's clear that there are corruption and economic development problems across many former Soviet states and other borderline states (such as those in the former USSR, EU, Asia, Africa, South America, etc...). What's interesting is whether or not there is a line that must be breached for a 'normal' (less corrupt) economy to kick in? I've been looking around and I can't find an proper statistics for this. In many parts of the world (such as Europe) we know that the relationship between crime and GDP is often inversely proportional (namely, if you're poor you are more likely to engage in crime but if you're rich you're less likely to engage in crime). If all they need is more investment, then they're stuck in a 'doom loop' of sorts (still scary for investors not knowing whether they'll get a return on investment let alone capital though). It may be that the risk of loss of capital goes down the more you invest in some states (one strange argument that is being thrown about is that Russia is inherently corrupt. Look into the it's history during the USSR period and it seems clear that they are capable of living in a less corrupt society, http://dtbnguyen.blogspot.com/2015/10/more-eurasianmiddle-east-geo-politics_74.html)? One interesting thing is that religious/devout people seem to be less likely to be wealthy
crime vs gdp statistics
corruption vs gdp trends
how are religions rich
"The GDP of countries generally correlates negatively with their religiosity, i.e. the wealthier a population is the more secular it is."
Independent Trader's Candor Shocks BBC Presenters
Trader Alessio Rastani on the BBC: Goldman Sachs Rules The World Not Governments
Alessio Rastani on why Goldman Sachs Rules The World
- it's clear (if you read between the lines) that there are many who who want us to conclude our present form of capitalism simply isn't a good way forward? There's a huge problem here. It's a classic 'chicken and egg' and 'network mass' problem. Namely, you can't create a 'better system' without tearing down the existing system. Moreover, you must achieve critical mass if you are to move toward a new way of living. Some of the politicians out there may not have changed. They may still be the idealists that they were when they were young. However, they've become a victim of circumstances and have no choice but to make comprimises with regards to their decision making. If there is to be a drastic change in our socio-economic system the people must buy into it, the system must make sense, etc... for such a move to be successful. Moreover, there clearly may be losers in this so they will try to cling on to power via any means possible. Ironically, this is one of the reasons why why often brutal revolutions have occurred regularly throughout history
- in reality, you look around the world and most people (upper, middle, or lower class) are just going along with it in spite of whether they believe in their system or not. They try to do the best that they can but ultimately there's a limit to what they can do within the limits of their own individuality and their society
- one of the things I didn't quite realise is why economic problems take crash before a solution is sought. It becomes obvious that part of the problem is that power and money (capital) builds up in one place, governments have a hard time figuring out how to persuade the population to change course prior to a possible crash, governments also want to continue to push something that works for a long as possible because in all honestly they don't have as much authority over the economy as the public thinks (they just certain things to achieve government sometimes), etc... Ironically, this has happened time and time again over our entire history and ironically it will stay that way as long as people can't figure out a way to keep their own desires in check. You listen to what the Nazi party said at times and they don't sound overly evil. They sound patriotic/fairly normal at times. At other times they really push it tough. It's easy to see how they got into government, not so easy to see how they ended doing some of what they did at times (though I haven't done enough research here). Didn't realise the Jewish people had contributed so much to the world if you go through their history (so have other cultures as well admittedly)
Schindler's List (1993) - Rotten Tomatoes
Joseph Goebbels Final Speech
Goebbels, The Master of Lies (RT Documentary)
- bring back money from overseas (as I've mentioned previously). This could result in financial system problems if banks overseas are using that money to borrow against or if companies decide to move their operations off shore. Requires co-ordination
Keiser Report - Trumponomics (E993)
- give everyone a genuine chance at life? Think about the nature of index funds versus hedge funds and mutual funds. Over the long term index funds have almost always outperformed hedge funds, mutual funds, etc... If our socio-economic system allows those those who are genuinely the most talented or hard working in life a genuine chance then economic growth should be greater than what we currently have (this is supposed to be the job of Human Resources but it's clear that a lot of the time things don't work out the way they're supposed to?). An index fund is effectively a spread bet over the entire field rather than and normally it beats targeted bets/investments. The irony is that our politicians know this and often allocate their personal funds and investments in such a fashion but they don't do it governmentally. The other irony is that a lot of financial analysts state outright that there is often more growth in the SME sector then in the large capitalisation sector. We could literally have things upside down at the moment and despite what we say we may literally have everything the wrong way around? (as a pure thought experiment this actually makes a bit of sense. Smaller firms are more likely to come up with new and novel ideas in order to thrive? Larger firms may have size on their side but since their ideas are probably more mature they have to compete on price which limits their growth potential as well. Think further about this. If economies are scale are required to pursue a particular market isn't this slightly self-defeating as opposed to finding a possibly smarter solution (if possible?))
'How to Get a Job at the Big 4 - Amazon, Facebook, Google & Microsoft' by Sean Lee
Panel Discussion - Performance Pay - Where It's Working
Pay for Performance or Performance for Pay _ W. Bentley MacLeod
Pay-for-Performance Puzzles - Public and Private
Small and Mid-Cap CEO Pay Strategies
Steve Kaplan Discusses CEO Pay
What can policymakers do to reform executive pay _ 24.05.2012
- end the practice of private central banks. If they are publicly owned and managed well we may actually be better off?
- currency wars, lower interest rates (can lead to 'Japanification' though), tax reductions (or increases depending on the circumstances), favourable political policy, etc... Results in a race to the bottom for all countries obviously but could result in greater external investment
- give up and try a different system going forward. That said, we've been through alternate systems in the past. It just feels like we're oscillating over and over again from left to right and back again. We have a few core theories but not much beyond it?
INCOME DISTRIBUTION IN THE U.S.S.R. IN THE 1980s
- abandon 'market pricing' as a means of pricing human capital. Use another mechanism to figure out what's fair (or not). Look at the whole of human history, correlation between pay and performance, understand how our minds work, the failure of eugenics, etc... and you'll realise that there isn't much that separates most of us from one another. Obvious problem is that this could result in serious problems in upper end of whatever market is present
- with regards to creating a safer economic system stick to things that are backed by an asset? That way even if hyperinflation/deflation occurs we still have something to fall back on. It seems clear that in the past, hyperinflation only really occurred because people stopped accepting
- look for alternatives. For instance, there are often complaints regarding the cost of medication in Western countries (where they aren't well subsidised). The irony is that alternative medicinal options may work just as well. It may be the case that our regulatory framework and desire for 'security' may actually be stifling us looking at alternate options that should otherwise be on the table
- no matter what system we ultimately choose the fundamental question is overcoming the 'charity paradox' (you need to compromise yourself ethically in order to climb the social ladder sometimes in order to be able to take care of yourself and others)
China has much to offer world with open economy, official says
- if you're into policy making become part of the public service. Based on what I'm seeing you spend more time dealing with 'non-core issues' once you become a politician
US elections 'most personality driven campaign in my lifetime' Dr. Richard Haass - BBC News
- open up the North and South Poles (excuse the issue of whether the 'global warming' issue is true or not). By unfreezing the poles we gain access to more natural resources to exploit (minerals, food (such as fish), etc...). Comes at the cost of higher sea levels, global warming, etc...
- multiplier type projects. With this respect Hyperloop project makes sense, rivers make sense (because biological organisms require water to survive), rail tunnels and bridges which overcome the need for railway crossings, more frequent public transport, etc... More on this next
- overcoming terminal limits within the local environment. For instance, while Australia has plenty of land much of it is useless. Artificially add rivers and that useless land may actually become habitable (look at the African continent and you'll see that much of life is focused around the Nile River) which leads to huge potential for population and economic growth
- for me, it's clear that psychological experiments (and research) have played an enormous role in the way we setup our structure. Despite what we say they are structured 'hierarchically' in most countries no matter the ideology involved (socialist, communist, capitalist, etc...). What's different is the manner in which we achieve this hierarchy. My point is that much of our society is based on the premise/assumption that without subtle forms of coercion and suppression of natural desires societal breakdown will occur. To this end it makes sense how and why the split between left and right occurred and where they failed and succeeded
The Century of the Self (Full Documentary)
- democracy in it's current form is self-corrupting? Capital buildup means that you can effectively buy influence (as seen in many parts of the world now). The way in which people are selected means that we can sometimes end up with people who are under-equipped or serve the needs of the few at the cost of the many (aware that there are measures against this such as hard age limits), etc...
Grandes écoles - France's elite-making machines
- if you look at some aspects of capitalism it's self defeating. I've seen research has proven that those in the second generation are less likely to be as talented, hard working, successful as their parents (in the context of takeover of a parent's business)? growth actually tends to slow down the more capital buildup occurs
Grandes écoles - France's elite-making machines
- the fight for equality is sort of self defeating in a way. By grading us early in life it actually manages our expectations of life. This actually makes sense in a way if there were a direct correlation between hard work, talent, results, etc... and final outcomes in life? There's a obvious side effect of the inequality issue. Let's say everyone has the ability to access to access goods and services (perfect income equality with Gini Coefficient of 1). How do you achieve while this minimising shortages? You can't. We need a mechanism to grade one another even if it is unfair... If we can overcome the shortage problem then we can satisfy everyone (at which point we can realistically give everyone a fair chance). The only problem is dealing with the lust for power, greed, gluttony, etc... At that point fairness and more equitable distribution of wealth is possible?
- one of the things I've realised is that in some where everyone has a genuine shot at a good education competition becomes much fiercer and it becomes much more difficult to differentiate oneself from others. It may actually spur on corruption if there isn't a strong hand to impose some sort of justice?
- establishment of pre-set bounds/hard limits/laws to avoid the problem of improper distribution of resources. This may include terminal limits on the size of companies, taxes (in some countries without taxation the distribution of income would be ridiculous. Check Gini co-efficient figures to confirm), early retirement, reduction of hours (to spread out opportunities for work), stagnant money tax (money not invested or used for an extended period of time is taxed at a higher rate), etc... Ironically, leads to a hybrid economy (which seems to be where many of us are headed anyway)
Differences in inequality before and after taxes and transfers in OECD countries
- mass surveillance is self defeating in a way because if governments use it to gain economic advantage then (if this capability is abused) there will be no spreads left which means that economic growth will slow down for everybody especially if (and already seems to be the case) most countries have such capabilities and they are overly abused
UpFront - Edward Snowden speaks to Mehdi Hasan
- you can avoid this type of stuff. Governments all over the place are taking data from off of Open Source subjects/topics (such as social media). It's simply a matter of devising the correct algorithms/implementation to be able to reduce democratic deficit while empowering voters and governments to do what's in the best interests of the people?
- it's obvious what some of the backup/contingency plans is if the global economic system and MMT theory collapses. Basically, we'll repeat history. The banks will go bust (because we can't afford to keep them afloat), wealth will be confiscated, capital controls, etc... Similar laws in Europe, US, etc... now. Irony is that last time last time those who stayed on the gold standard for longer achieved lower economic growth? Some obvious backup technologies such as Bitcoin, Blockchain technology which could undermine or save us as well?
- more effective welfare programs and education systems which provide a genuine fallback and a genuine chance out of welfare
- fragment and increase the number of markets. It's often said that the larger your market is, the more likely you are to be able to access new participants/consumers. However, there is a side effect the more participants there are the more likely 'market efficiency'/'price discovery' is less efficient. These inefficiencies provide for more arbitrage opportunities which makes investment easier and more difficult simultaneously
- 'concertina capitalism'. It's clear that throughout human history people have regularly revolted and caused revolution when things were deemed corrupt, unconscionable, or unfair. The problem is that now mass surveillance has made the security services so effective at curtailing some of these voices that it makes it difficult to achieve the 'reset' that is sometimes necessary in order to bring things back into balance once more. Think about this from another perspective. Most people are poor while there are a smaller proportion who are rich. We are struggling with the issue on how to achieve inflation at the moment (without having to resort to 'helicopter money' which could cause hyperinflation). If we simply give more to the poor and middle classes then by default we have a greater chance at inflation then if we give tax breaks to the wealthy. Then we reverse it periodically (check some historical graphs. This seems to be what is happening anyhow. Revolutions used to achieve this (and many religions/socio-economic mechanisms have systems to achieve this reset as well) and democracy is actually supposed to allow this but things aren't working properly?)
Why I'm Mad at Obama
Paul Ryan Doesn’t Give A Damn About Struggling Americans
- continue down the road towards greater integration (optimistic given it hasn't really worked over the much of human history). Obviously leads to corporatism and the whole world being united by it (as long as other countries don't resist which I doubt is going to happen over at least the medium term)
- life, biological science, etc... Although slow, if we can figure out how to harness and push mother nature along it's actually far more efficient
- I think I finally understand what the Chinese and USSR were up to? In the theories of many socio-economic, political science, and religious systems it says that there is a point at which we must achieve 'super-abudance'. In fact, some theories go so far as to say as capitalism is only a step to something potentially better? Deal with the superabundance problem first and then go into reverse (which is clearly what some Communist countries attempted to do). If we can recover much of our land and turn it to agriculture, alter our food habits, a lot of our scarcity issues may naturally be dealt with? In many parts of the world (including the Middle East and Russia there are plants that have been able to grow with little or no water that create a root structure which help to stop desertification. The areas in between can thereafter grow grass for pasture or other purposes). Would be interesting to see if we could build air dropped containers that could be used to recover land or even propagate new vegetation? Would be particularly interesting in the context of large, arid, lands/countries (crystalise water if need be as part of a canister that breaks upon impact and plants itself into the soil/dirt)...
Mysterious Sands of Russia (RT Documentary)
Max Keiser on Alex Jones Tv 3_6 -America's Good Name is No More !!
Max Keiser on Alex Jones Tv 6_6 -America's Good Name is No More !!
- accounting methods
- overall, it seems clear that not a lot separates a lot of us and in reality there isn't a lot different (results/performance wise) between some of the social systems that we've tried. We're basically trying to save a system because we're worried about the potential 'day after' in spite of the fact we know there may be a chance of something better out there? Even though this may lead to potential global conflict anytime between now and several decades this is our life (which seems to be what governments around the world are worried about as well if you look at some of what they have been doing and saying. Given the prevalence of nuclear weapons throughout the world our likely future is likely going to be similar to Japan, Europe, etc...)
- I dabble around in algorithmic (created via artificial intelligence) music from time to time. Some interesting FOSS utilities available online
split midi track into channels
split midi files
Perl and MIDI: Simple Languages, Easy Music
java midi file manipulation
perl midi file manipulation
Hacking Perl in Nightclubs
I use Anki every day. I think part of the project is in learning how to use it ... | Hacker News
- is there a message underneath of all of this? Governments send each other messages via the media?
Keiser1000 - Help Max Keiser make Memes great again!
- does the media drive opinion or inform the public? There are supposed to be standards in journalism though I'm not certain how often these standards are adhered to?
CrossTalk - Fake News
Goebbels, The Master of Lies (RT Documentary)
Scolds Young Journalists... Doesn't Understand Journalism.
Facebook, fake news and the meaning of truth
‘Fake news’ & Russian ‘sophisticated propaganda machinery' trend spreads, picked up by media
- pretty funny when you think about what some people are employed to do (call each other names)? Regardless of your perspective what the heck are journalists supposed to write about? Moreover, it seems as though over time most democracies have taken measures to avoid problems that they have faced in the past. If the media are civil and offer alternative, better options then surely this should be welcome?
‘We are at war with Russia’ - EU Parliament approves resolution to counter Russian media ‘propaganda’
‘RT gives voice to western dissidents’ - Jill Stein on EU’s ‘anti-propaganda’ resolution
- interesting experiment
- you'll never guess the popularity figures for a lot of websites out there?
- if the vote somehow changes I will be gobsmacked?
- only in China?
- you'll never guess some of the country rankings of the world's most unpopular countries (if these studies are valid)?
- easy enough to tunnel connections via Tor
curl --socks5-hostname 127.0.0.1:9150
- interesting stuff
- not a bad device but it doesn't work the way you think it does. A bit klunky in the way configuration is handled via custom software
- the magic and mystery of all this sort of disappears when you reliase most of the time you don't really need to 'hack'. You're basically looking looking for basic mis-configuration errors (or even backdoors) a lot of the time (whether you're viewing things from the defensive or offensive perspective)
- just when you think humanity has made progress it's clear that mother nature has it over humanity
- politics doesn't really make all that much sense until you think of the following. In Formula 1 you can achieve pole position by setting a new lap record by attempting to drive as fast as possible or simply driving faster than your opponents. The reason why it is incredibly negative is because it's easier to make someone look silly than to appear smart. Hence, our predicament whereby politicians make each other look rediculous at times? The problem with this is that it sort of descends to farcical levels and I have a funny feeling that is why they can't break out of negative mode (similar with overly positive expectations of bad situations)?
- world is going crazy?
- not a bad game apparently but requires some hacks to get it working on newer versions of Windows
- feels like they're going to share it after all? Perhaps China can do fishing on every odd day while the Philippines goes fishing on every even day?
- Chinese media far more balanced/less anti-Western than Russian media (though it still is). A bit of an aspirational feel to their articles at times. Tends to have shorter articles. Less media intensive. More of an international (as opposed to regional in the case of Russian media?) feel to it as well
- Israeli/Jewish media (genuine Jewish media not corporate media) has far greater inclination towards spirituality. Didn't realise that they they had strong connections with both Russia (former USSR. Apparently, lots of people went there after breakup of USSR) as well as the US. Difficult to believe sometimes when you hear all the talk about US-Israeli connections and that once upon a time things were quite different (Israelis fought alongside the USSR/Russia and many others) especially given their small population size
- German media seems to have strong preference for content related to Russia and US a lot of the time
- pesky runaway cows?
- what are they going to replace it with? Rent/buy older generation jets from elsewhere? My guess is that they'll just be like the F-117, F-22, B-2, LCS, and other stealth vehicles. Expensive to purchase and fly with maybe narrowish mission profiles (despite what is said about it)? Even if it finally ends up on specification it will take more time and money (the program has already been stretched out for a while now)
- some interesting new pieces of equipment
What Can Russia's Admiral Kuznetsov Aircraft Carrier Do in the Mediterranean?
- if you find the right bear they can be a lot fun!
Chinese man wrestles a giant panda
Hilarious video shows polar bear rolling in ice
- apparently, it takes many generations for most wild animals to be tamed. Despite this knowledge it's readily apparent that people still try some outrageously dangerous attempts at taming wild animals still
- I quit watching a long time ago. It feels like people can bat forever nowadays and the pitches don't seem too give much to bowlers. Would be interesting to see shorter, day/night matches where pitches provided more movement. Alternate format may be to play each innings parallel to one another (each day they alternate order but must bat/bowl for half a day). Results may be a bit more random but that's part of the allure? Watching players test one another?
- looking back at the history of Obama, Clinton, Kerry, etc... it's difficult to believe some of what we hear about them in the media. Apparently, they were idealists once upon a time and were active political activists? It just feels like they've become part of the machine now?
LIVE - Third Presidential Debate (C-SPAN)
The Third Presidential Debate 2016. Donald Trump vs Hillary Clinton. Final presidential debate
We're seeing the death of journalism in America, opinionism instead - GOP strategist
Media's ELITISM & IGNORANCE Post-Election Has No Bounds!
- the Chinese bridged the jet engine gap? Notice the similarities between the Chengdu J-20 and the Russian Mig 1.44)? If this is cleansheet indigenous design, wow! Raw power numbers seem on par with the F-22/F-35 (if real)(according to some of the figures the Russians may have had more raw engine power then that of the current F-35 about two decades ago?)? Curious what the other numbers and specifications are?
Hit list - UK special forces to track & kill British citizens in Iraq
- strange world out there? I didn't know there was a 'National Day of Fight against Global Arrogance'?
- long range dart medication?
- apparently, the US and Russia have been at it for centuries? It's almost like it's impossible for them to be friends in the immediate future?
- becomes obvious after a while is that after you listen to enough 'news' from one side you suddenly turn to another perspective out of laziness or just trust. Never let your guard down and you'll never be disappointed. It's obvious that Russia and neighbours have had 'complicated' histories for a very long time. It wouldn't surprise me if the there were massive changes in the Baltic and European region (and elsewhere) in the future (it won't necessarily require the services of the military)
Charles Bausman at the World Russia Forum in DC
PUTIN & CLINTON - SWEET COUPLE Ft. Steven Fish, Professor of Political Science
Ukraine PROPHESY from 1998 - Top Russian Pol - US Totally Controls It (Zhirinovsky)
Trump election: Baltic warning over Russian move on Nato
"Free trade zone talks with Serbia to start soon"
So who are they selling to? The answer, at least for now, is private demand, in other words just like in the stock market the retail investor is the final bagholder, so when it comes to US Treasuries, "private investors" are soaking up hundreds of billions in central bank holdings. We wonder if they would do that knowing who is selling to them.
Meanwhile, while a month ago yields had tumbled to near all time lows, suddenly the picture is inverted, and long-yields are suddenly surging on concerns the BOJ will soon blow up the bond market.
What happens if in addition to the relentless selling from foreign official institutions, private sellers also declare a buyer's strike. The answer? Why, more Fed monetization of US debt, of course, better known as QE. We bring this up because, amusingly, the Fed is still harboring some naive hope it can/will raise rates in the coming week and/or months.
- A retired British general believes Russia would not need to shoot down the UK’s F-35 fighter jets – it would suffice to kill the "40 or so" people who can pilot them. It comes as one of the points in a memo obtained by the Financial Times.
The 10-page document was sent to Defense Secretary Michael Fallon in April by General Richard Barrons, who retired as the commander of UK Joint Forces Command the same month.
Barrons criticized the state of the British military, saying that it has become used to opposing weaker enemies, and was not prepared for a full-scale war with another advanced nation, singling out Russia as a potential foe.
“The current Army has grown used to operating from safe bases in the middle of its operating area, against opponents who do not maneuver at scale, have no protected mobility, no air defense, no substantial artillery, no electronic warfare capability, nor – especially – an air force or recourse to conventional ballistic or cruise missiles,” the memo seen by the Financial Times said.
The general argued that if Russia started a major air war against the UK, British air defenses would be able to protect “roughly Whitehall only, and RAF fast jets.”
The British military are “by design” undermanned, underfunded and underprepared for a major war, Barrons argued. One of the concerns he voiced was what he saw as overreliance on a small amount of expensive equipment like aircraft carriers or the US-made F-35 Joint Strike Fighters. The general said it would not be necessary to shoot down the advanced warplanes, but rather to "know how to murder in their beds" all 40 pilots the UK has who know how to pilot them.
The perceived threat of Russian aggression has become a stock argument for NATO generals to request additional funding for the military. Last year, the UK government pledged to increase defense spending by $15.6 billion and to meet NATO’s benchmark of 2 percent of GDP by 2020.
However, the desire to reduce the record budget deficit has also affected defense spending.
- Piracy, long the bane of copyright agencies and content distributors - it may be soon that search engines, browsers, and DNS providers simply will not be able to find and access known pirate sites.
- The Netherlands is the EU's largest producer of natural gas, and has used 80 percent of its reserves, reports the local CBS statistics office. This leaves the EU with two options: buy more gas from Russia or increase liquefied natural gas (LNG) imports.
The Dutch budget has been affected by caps on extraction and plummeting wholesale prices. In 2015, gas accounted for only three percent of the country's revenue, and by 2013 the share was nine percent, the statistics office said. State income from gas dropped to €5.3 billion in 2015, when two years previously it was €15.4 billion, said the report.
The country relies heavily on the Groningen gas deposit that was discovered in 1959. With 940 billion cubic meters (bcm) of gas reserves, the Netherlands produced 52 billion bcm last year. By comparison, Russia’s Nord Stream gas pipeline has a capacity of 55 bcm per year. At the current pace, the Netherlands may run out of gas in 17 years.
“In the last 10 years Europe managed to keep its imports flat with lower consumption. Now much lower Dutch production cannot be mitigated by much lower consumption - most of the drop has occurred already. That means we will need higher imports from Russia or liquefied natural gas,” said energy expert Thierry Bros in an interview with Bloomberg.
Despite low crude prices and increasing competition from the LNG, Russia’s Gazprom still intends to cement its 30 percent share of European gas imports by doubling the volume of the Nord Stream pipeline through the Baltic Sea. Russia has also made significant progress with the Turkish Stream pipeline that will deliver gas to Turkey through the Black Sea and then to Europe.
- This August a significant event took place that was neglected by Russian society and even the press. Russia saw a $1 billion inflow of capital, keeping the ruble stable while currency receipts were reduced. After five-months of strengthening, the ruble exchange rate decreased by 2% in August and would have more if not for capital flows into the country.
There are a few reasons for this. World interest rates are about zero or even negative, while yields of Russian Federal Loan Bonds remain fairly attractive to world investors. The Russian stock market remains one of the cheapest in the world, corporate management and financial results are good. The devaluation of the ruble strongly depreciated labor costs and other expenses for Russian companies. In August, the Moscow Central Stock Exchange index was +1,81%, and the Russian Trading System Stock Exchange was +3,03%. Like the majority of other emerging markets, the Russian stock market depends heavily on foreigners; but most importantly, the business world realizes that sanctions failed to isolate Russia and ruin its economy. Russia is not Iraq.
Of course, the situation can change in the near future. The increase the Federal Reserve rate, or a sharp, sudden decrease in the rate of the Central Bank of Russia can temporally change investors’ mood. However, it would not reverse the situation. The business world sees that Russia has survived and that it can make money. Russia is the sixth world economy; Russian stock prices are greatly underpriced, and as its economy integrates with those of Belorussia and Kazakhstan, it’s a growing consumer market.
The aggressive rhetoric between Russia and the West continues, but it doesn’t prevent Western investors from making money in Russia. Money loves silence, and words mean nothing without action.
- Indeed the West's failures during these interventions are of a piece with the almost bizarre collective leap of faith in responding to the so-called Arab Spring. Far from ushering in a new era of democratic progress, this propelled much of the region into chaos.
And we are living with the consequences today.
Was this a case of hubris? An extension of the false idea that history ended with the collapse of Soviet communism? Was it a product of a curious cultural short-sightedness - a view that everyone was just like us, irrespective of their own tortured histories, economic situation, tribal and religious divisions and so on?
Is it any wonder then that the tragedy of Syria has proceeded for some six years with no significant external attempt to halt the fighting? Indeed the only major intervention - that by Russia - has been intended to maintain the status quo.
The arc of Western intervention - for now - seems to have reached its end. There is no longer an appetite for nation-building. The consequences in blood and treasure have been too great and there have been too many mis-steps along the way.
That may be good news in the short term for the erstwhile peacemakers. But as the consequences of the tragedy in Syria demonstrate, you are damned if you do act and maybe equally damned if you don't.
There are no easy answers and in a globalised and ever more connected world, maybe the much-maligned Mr Blair had a point.
Fugu is intended to be used as both a sensor platform and a communication relay, which would allow a submerged submarine to communicate via satellite link without surfacing and exposing it to the enemy, Mikhail Ryabtsov, head of the drone developer MAKO, told Izvestia newspaper.
“This is an autonomous robot with virtually indefinite endurance,” he said.
The batteries of the glider part of Fugu are recharged by solar panels mounted on the buoy part. The buoy carries satellite communication equipment and sensors to monitor weather and other environmental data. The glider provides propulsion, monitors the ocean with several sonars, and has an acoustic modem which exchanges signals with submarines.
The unmanned vehicle is currently undergoing trials at the Defense Ministry’s robotic research test center, the newspaper said.
- "Beijing's calculation is that time is on its side," Stafford said in an email. "With every day that passes, South Korea's economy grows more reliant on China's due to increased trade and investment. This makes it more likely that a government will emerge in Seoul that is more focused on maintaining good relations with Beijing than with Washington."
According to Stafford, what Beijing really wants to avoid is the collapse of Kim's regime and reunification with the South — resulting in a unified Korea with a pro-U.S. foreign policy and American troop presence.
"Its assessment is that that its ability to block that outcome is strengthening as time goes by," Stafford added.
"Some Americans like [Secretary of Defense] Ash Carter say China should cut all economic connections with North Korea, but what will happen after this?" Yang said. "America doesn't care about those consequences."
He added: "If China did cut all economic ties and United Nations assistance, will Kim Jong Un truly stop nuclear testing? Nobody in China believes that for a second. "We can't create new troubles just because we want to singularly solve one specific problem like North Korea's nuclear weapons — the U.S. has given us many recent lessons on this."
- What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who are telling the rest of us 1) what to do, 2) what to eat, 3) how to speak, 4) how to think… and 5) who to vote for.
But the problem is the one-eyed following the blind: these self-described members of the “intelligenzia” can’t find a coconut in Coconut Island, meaning they aren’t intelligent enough to define intelligence and fall into circularities?—?but their main skills is capacity to pass exams written by people like them. With psychology papers replicating less than 40%, dietary advice reversing after 30 years of fatphobia, macroeconomic analysis working worse than astrology, the appointment of Bernanke who was less than clueless of the risks, and pharmaceutical trials replicating at best only 1/3th of the time, people are perfectly entitled to rely on their own ancestral instinct and listen to their grandmothers (or Montaigne and such filtered classical knowledge) with a better track record than these policymaking goons.
Indeed one can see that these academico-bureaucrats wanting to run our lives aren’t even rigorous, whether in medical statistics or policymaking. They cant tell science from scientism?—?in fact in their eyes scientism looks more scientific than real science. (For instance it is trivial to show the following: much of what the Cass-Sunstein-Richard Thaler types?—?those who want to “nudge” us into some behavior?—?much of what they call “rational” or “irrational” comes from their misunderstanding of probability theory and cosmetic use of first-order models.) They are prone to mistake the ensemble for the linear aggregation of its components as we saw in the chapter extending the minority rule.
- Opposition to the two trade deals has been growing steadily in Germany. A poll conducted in May 2016 by the public broadcaster ARD showed that 70 percent of Germans thought TTIP - the proposed deal between Europe and the US - would bring "more disadvantages" than advantages. That figure was up from 55 percent in June of the previous year.
The Berlin demonstration testified to the strength and breadth of the opposition. The 29-year-old ecology student Stefan Meurer from Potsdam said he rarely went to demonstrations. However, he was so outraged at the prospect of TTIP and CETA being approved and coming into force in Germany that he had decided to attend the Berlin rally.
"I am not against free trade," he said. "But in this form it would undermine our democracy and our standards."
As with many of the protesters on Saturday, one of his fears was that standards for food and other products such as medicines would be dropped if TTIP became law.
"In Europe we have to prove that a product is safe before it can be released on to the market," he said. "In the US they can sell something until someone says it is harmful."
Meurer was also worried the market would be "flooded with cheap, substandard goods which don't conform to our rules."
For 51-year-old sales assistant Anna Berger, this was also a key issue.
"I feel this is a threat to our way of life," she said. "We will be swamped with cheap products from around the world. We will not be able to compete. Our own farmers and small-business owners will go bankrupt. And the truth is I don't need cheap apples from South Africa. I would rather have apples from this area."
The majority of demonstrators DW spoke to were similarly alarmed by the idea of bad food suddenly appearing on the shelves of German supermarkets - even though it is unclear if this would really happen. Another oft-cited concern was the provision in TTIP allowing foreign companies to sue governments if their profits are threatened.
"You cannot transfer power to unelected companies like this," said 51-year-old Ralf Grossmann, who described himself only as an employee. "We elect politicians. Not companies."
A group of Central European EU members known as the Visegrad Four is ready to veto any Brexit deal that would limit people's right to work in the UK, Slovakian PM Robert Fico says.
In an interview with the Reuters news agency, Mr Fico said Hungary, Poland, the Czech Republic and Slovakia would be uncompromising in negotiations.
His comments come a day after the EU's first major meeting without the UK.
Brexit, though not formally discussed, overshadowed the Bratislava summit.
At an end of the summit on Friday, Mr Fico said that he and other Central European leaders whose citizens make up much of the EU migrant population in Britain would not let those people become "second class citizens".
But in the interview with Reuters news agency on Saturday, he went further.
"V4 [Visegrad group] countries will be uncompromising," he said. "Unless we feel a guarantee that these people are equal, we will veto any agreement between the EU and Britain."
Soviet designers also would often produce two versions of a weapon. One version would be exclusively for themselves; its capabilities and details would be secret. A second version–called the “monkey-model” would be produced for export. This would be a bare-bones, simplified version of the already simple design. But it could be mass-produced on a huge scale.
Many people in the West did not understand this philosophy. They laughed at what they considered the “crudity” and “simplicity” of Soviet weapons. But they were mistaken. For this was not a weakness, but a strength. Soviet planners understood that war is not a game of sport shooting. War is not a game of cricket. The designs that win wars are the ones that are reliable and tough, and that can be produced quickly.
Victor Suvorov, in his Inside the Soviet Army, tells the following revealing anecdote:
I once saw a film comparing a Soviet and an American tank. A driver was given both models to drive and was then asked, “Which one is better?”
“The American one, of course,” said the driver. “It has automatic transmission, whereas in the Soviet tank you have to change gear, which is not easy in a heavy machine.”
He is quite right–if you see war as a pleasant outing. But Soviet designers realize that any future war will be anything but this. They consider, quite correctly, that if there are mass bombing attacks, if whole industrial areas are destroyed, if long-distance communications break down, mass production of tanks with automatic transmission would be out of the question…Accordingly, there can be only one choice–the ordinary, non-automatic transmission.
The convenience of the driver matters nothing at all. Simplicity, reliability, and the ability to accomplish the task at hand under duress were the controlling principles.
- You should cut your cloth to fit, and frankly, all these layoffs represent real world circumstances. If the world demands everything as a service (XaaS) why should labour be any different?
There has been extreme bloodletting this year across the board for tech companies, and I have not covered smaller layoffs Xerox, Qualcomm, Symantec (1200 staff or 10%), VMware (800 or 5%), FireEye (400 or 11%), NetApp (1500 or 12%) and much more
An additional 62,917 jobs were lost in June 2016 from Silicon Valley alone. And then there were veiled threats from Apple, Google, Amazon and more that use Ireland as a tax haven.
Tech recruitment company Challenger commented, “Companies that do not adapt to changing trends will be left behind. Nobody knows this better than technology firms, where the very nature of the business means constantly evolving and shifting resources. We are seeing this play out with Cisco, just as it has played out with Intel, Microsoft, Hewlett-Packard, Dell, and several other tech giants in recent months.”
- Don't get me wrong: the US remains overwhelmingly the world's most powerful nation, with a remarkable record of bouncing back from setbacks. It's just that for many Americans attracted to Trump – including many who don't usually vote – radical socio-economic change means losing the country they know and love. They complain that false leaders in both major parties – Obama, the Clintons, the Bushes – in cahoots with Wall Street have betrayed them.
In what may turn out to be the turning point in this wild and crazy election campaign, Hillary Clinton said half these people amount to a "basket of deplorables". In Trump, however, the great unwashed have found a leader who will tell them that the US can be a winner again. If the brash billionaire can turn out enough of these people on November 8, and at the same time suppress Clinton's base vote, he will become America's 45th president.
- Over the next four years the Chinese government will invest 3 trillion yuan ($450 billion) into developing the country’s agriculture, the official state news agency Xinhua reports.
The state-run Agricultural Development Bank of China and the Ministry of Agriculture have agreed to protect national food security, develop China's seed industry and support the industry via overseas businesses, according to the agency.
The step also aims to raise the efficiency of Chinese agriculture and improve rural incomes.
The Agricultural Development Bank, one of China's main policy lenders, will provide the finance including setting interest rates and offering financial products.
Earlier this year, the bank said it would lend 3 trillion yuan to agriculture as a way to reduce poverty. The agency didn’t say if the current commitment was separate from the plan.
This month, China’s state-owned ChemChina chemical corporation raised its bid to takeover Swiss agrochemicals and seed supplier Syngenta to $43 billion. The deal triggered food security concerns in the United States, but the US national security panel has approved the deal.
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