Archive for the 'Economy' Category

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Afghanistan War – The Crime of the Century

December 17th, 2019

Via: Ron Paul: “We were devoid of a fundamental understanding of Afghanistan. We didn’t know what we were doing.” So said Gen. Douglas Lute, who oversaw the US war on Afghanistan under Presidents Bush and Obama. Eighteen years into the longest war in US history, we are finally finding out, thanks to thousands of pages […]

NASA’s X-59 Quiet Supersonic Research Aircraft Cleared for Final Assembly

December 16th, 2019

For some of the black world context, definitely see: Lockheed Martin SR-72. Via: NASA: NASA’s first large scale, piloted X-plane in more than three decades is cleared for final assembly and integration of its systems following a major project review by senior managers held Thursday at NASA Headquarters in Washington. The management review, known as […]

New Zealand: Meridian, Contact Accused of $60m Power Market Abuse

December 16th, 2019

Imagine my shock. Via: New Zealand Herald: Contact Energy and Meridian Energy have been accused of extracting more than $60 million from consumers by over-charging for their electricity while spilling water from their South Island dams. Haast Energy Trading has complained to the Electricity Authority that the two firms have breached the good conduct provisions […]

Recently Retired USAF General Makes Eyebrow Raising Claims About Advanced Space Technology

December 16th, 2019

Update: Is Starlink Going to Drop The American Culture Bomb on China? If you’re like me, you’ve been wondering: What is Starlink’s actual purpose? I didn’t entirely believe the prosaic narrative about better rural broadband Internet and a funding source for Elon Musk’s Mars aspirations, etc. Well, it might be about those things at some […]

Queensland School Runs Out of Water as Commercial Bottlers Harvest Local Supplies

December 13th, 2019

Via: Guardian: The Tamborine Mountain state school has run out of water, even as water miners in the Gold Coast hinterland are sending millions of litres to commercial bottling operations. Trucks sent by the Queensland government carrying emergency supplies to the school, including Mount Tamborine bottled water, have been passing trucks heading in the opposite […]

The World’s First 3D-Printed Neighborhood Now Has Its First Houses

December 13th, 2019

Via: FastCompany: A giant 3D printer is currently squeezing out new homes in rural Mexico. Each one takes 24 hours and lets local families upgrade from a shack to a two-bedroom house. Could this be part of the global housing solution?

Fed Will Flood Market With Gargantuan $500 Billion In Liquidity To Avoid Year-End Repo Crisis

December 13th, 2019

Via: ZeroHedge: In other words, instead of QE4 the Fed will flood the repo market with a firehose of liquidity.

Britain: Worst Labour Result Since 1935

December 13th, 2019

I wasn’t expecting the Brexit win in 2016, and I didn’t expect this. However, maybe Brexit is like fusion power: Something that’s perpetually going to happen in the future. Look at the Brexit timeline. It reminds me of a bunch of corporate consultants who are trying to keep a crisis going for as long as […]

A Self-Driving Freight Truck Just Drove Across the Country to Deliver Butter

December 12th, 2019

Autonomous freight transportation? Yes, now/soon/regulatory barriers. Autonomous robotaxis? Don’t hold your breath. Automakers Are Rethinking the Timetable for Fully Autonomous Cars: My guess is that, if it happens, it will happen in the freight market first. Freight is a walk in the park compared to the robotaxi concept that Musk is talking about. With freight, […]

Armies of Low Paid Contractors Transcribing Recordings from Tech Company Surveillance Platforms to Improve AI Apps

December 12th, 2019

Ah yes, the AI secret sauce in your “smart” speaker… Via: Bloomberg: How the world’s biggest companies got millions of people to let temps analyze some very sensitive recordings.

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