Archive for the 'Economy' Category
Guess At Satoshi’s Fortune: USD$100 Million
April 14th, 2013This reminds me of the proles debating aspects of the lottery in 1984. *chortle* But I went on to read both pages of the thread anyway. Via: Bitcoin Talk: I’ve estimated a lower bound of current Satoshi’s fortune. My estimation is that he owns more than 1M BTC, or 100M USD at current change. [sic]
Cliodynamics
April 14th, 2013Via: Wired: In Isaac Asimov’s classic science fiction saga Foundation, mathematics professor Hari Seldon predicts the future using what he calls psychohistory. Drawing on mathematical models that describe what happened in the past, he anticipates what will happen next, including the fall of the Galactic Empire. That may seem like fanciful stuff. But Peter Turchin […]
Judges Threaten California Governor Jerry Brown with Contempt of Court Over Prison Overcrowding
April 13th, 2013Via: Los Angeles Times: A panel of federal judges Thursday threatened to hold Gov. Jerry Brown and other state officials in contempt of court if they do not quickly produce a plan to remove thousands of convicts from California’s packed prisons. In a blistering 71-page ruling, the jurists rejected Brown’s bid to end restrictions they […]
Possible Bounce Points for Gold
April 13th, 2013Warning: This is not a recommendation to buy, sell or hold any financial instrument. tl;dr: Possible bounce points to watch on gold: ~$1500, ~$1300 and ~$1154 — Gold has been caught in a sideways grind since 2011. That ended today with a big red candle, breaking it down and out of the range. The media […]
PC Shipments Post the Steepest Decline Ever in a Single Quarter
April 11th, 2013Via: IDC: Worldwide PC shipments totaled 76.3 million units in the first quarter of 2013 (1Q13), down -13.9% compared to the same quarter in 2012 and worse than the forecast decline of -7.7%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The extent of the year-on-year contraction marked the worst quarter since […]
Manager of a South Pacific Mr. Lee’s Greater Hong Kong Franchise Says That Kids Should Consider Learning Mandarin
April 10th, 2013Via: New Zealand Herald: Prime Minister John Key wants more students to consider learning Mandarin. And a Herald-DigiPoll survey shows a surprisingly high number of people, more than 25 per cent, would like Maori and a foreign language to be compulsory at school – although the majority prefer no compulsion. The Prime Minister is visiting […]
Helmut Kohl: I Acted Like a Dictator to Bring in the Euro
April 10th, 2013Via: Telegraph: Helmut Kohl, Germany’s former chancellor, has admitted that he acted like a “dictator” to bring in the single currency to the country, otherwise he “would have lost” had he held a referendum. In an interview conducted for a journalist’s PhD thesis, Germany’s longest-serving postwar chancellor said that he would have lost any popular […]
Comex Gold Inventories Collapse
April 10th, 2013Via: Bull Market Thinking: A stunning piece of information was brought to my attention yesterday. Amid all the mainstream talk of the end of the gold bull market (and the end of the gold mining industry), something has been discretely happening behind the scenes. Over the last 90 days without any announcement, stocks of gold […]
Forbes: ‘Unemployment Is Really 14.3%–Not 7.6%’
April 10th, 2013Unemployment is really about 23%, but, hey, it’s Forbes. Via: Forbes: The current job-creation numbers are meaningfully below the level we might expect during a period of record corporate earnings and the reaching of new peaks in the major stock market indices. Let’s go to the videotape – The unemployment rate is 7.7%. But, there […]
Texas Law Prevents Veterinarian from Offering Consultations Over Internet
April 10th, 2013Via: U.S. News and World Report: But in March—after more a decade of dispensing veterinary advice over the Web for a small fee— the Texas Board of Veterinary Medical Examiners sent Hines a letter claiming the department “has received a complaint alleging you have and are currently operating an internet consultation service which provides medical […]
