Daily Digest

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Daily Digest 11/17 - We Are In Another Tech Bubble, What Started The California Fires?

Saturday, November 17, 2018, 10:34 AM

Economy

Yes, We Are In Another Tech Bubble (Adam)

Flattening growth trajectories may not seem like such a big deal, but they do provide a peak into the often-tenuous association between perception and reality for technology. Indeed, this relationship has puzzled economists as much as investors. A famous example arose out of the environment of slowing productivity growth in the 1970s and 1980s [here] which happened despite the rapid development of information technology at the time.

Memetic Tribes and Culture War 2.0 (newsbuoy)

The new memetic tribes share, to varying degrees, a few characteristics. Most are “unscrupulously optimistic”: They see social problems as soluble through large-scale adjustment. They see themselves as spokespeople for larger groups, whether that be “regular people” or “the marginalized”. At the same time, they see their existence, or their prime value, as under threat. They do battle both online and off. And crucially, their memetic warfare is just as much about firing up members and creating converts out of non-combatants as it is about winning particular battles.

Iran executes 'Sultan of Coins' for financial crimes (Sparky1)

The Iranian rial has been in a nosedive this year, largely due to the Trump administration's decision to reimpose sanctions against Tehran after the White House abandoned the Iran nuclear deal. Many Iranians have reportedly rushed to buy gold, foreign currencies and precious metals to protect their savings, as the rial is estimated to have plummeted by around 70%.

Dubai Police start training on flying motorbikes (Sparky1)

If you're not a member of the force and have a spare $150,000, the hoverbike could still be yours. Orders are open to civilians, but Segura-Conn cautions that buyers are screened to ensure they can handle the new tech. In the US, the hoverbike has met Federal Aviation Administration guidelines which mean you do not need a pilot's license to fly the vehicle.

Japan's economy has a $5 trillion problem (Adam)

The Bank of Japan has accumulated most of the enormous stockpile of assets since its governor, Haruhiko Kuroda, embarked on an unprecedented plan in 2013 to buy vast amounts of government bonds. Its goal was to push down interest rates, encouraging consumers and businesses to spend more money.

What Will It Take for Crypto to Boom Again? (Afridev)

Only accredited investors, aka already rich people, can invest and make more money from their money. Instead of allowing people to decide what to do with their own cash, regulators think the bus driver, the teacher, and the dock worker are too stupid to invest, so we better protect them from themselves.

Experts warn US at risk of losing war with Russia or China (Sparky1)

"The Commission assesses unequivocally that the NDS is not adequately resourced," the report says, while adding that "available resources are clearly insufficient to fulfill the strategy's ambitious goals, including that of ensuring that DOD can defeat a major power adversary while deterring other enemies simultaneously."

Are You a Coffee or Tea Person? It Could Be Down to Your Genetics (Thomas R.)

A recent study by my colleagues and I revealed bitter taste receptor genes that are responsible for the perception of caffeine, quinine and a human-made bitter substance propylthiouracil (PROP). This latter molecule has the same bitterness as Brussels sprouts (for those of us who can taste it).

Biometric retail technology is ready for its close-up; but are shoppers ready for it? (Sparky1)

The majority of retail biometrics projects in the U.S. so far, however, are focused on loss prevention and violence prevention, FaceFirst CEO Peter Trepp tells Biometric Update. After more production roll-outs of that application, different ones will eventually follow, he expects, but not right away.

Beijing issues rare public warning on 'serious' swine fever crisis (Sparky1)

The news is especially concerning for officials as Sichuan is the top swine-producing region in China -- a country that produces half of the world's pigs with a current population of around 500 million swine.

Although the disease poses no direct danger to human health, its arrival and spread in China have increasingly threatened the pork industry, with major potential impact on supplies and prices in coming months.

More than 140 Camp Fire evacuees at shelters have had norovirus, some ‘acutely ill’ (Sparky1)

“The number of sick people is increasing every day,” the health department release said. “Twenty-five people have been to the hospital for medical support. Staff serving the shelters have also been sick.”

The Enloe Medical Center in Chico has seen several norovirus patients shelters that were “acutely ill,” said Susie Benson, manager of Infection Prevention and Control at the hospital.

Texas Students Will Soon Learn Slavery Played A Central Role In The Civil War (jdargis)

The state's previous social studies standards listed three causes for the Civil War: sectionalism, states' rights and slavery, in that order. In September, the board's Democrats proposed listing slavery as the only cause.

"What the use of 'states' rights' is doing is essentially blanketing, or skirting, the real foundational issue, which is slavery," Democratic board member Marisa Perez-Diaz, from San Antonio, said at a Tuesday board meeting.

20 Americans Die Each Day Waiting for Organs. Can Pigs Save Them? (Sparky1)

But there is a chance that your lucky day will never come — that you’ll become one of the 20 Americans who die each day waiting for an organ. Indeed, forces that improve American health in other ways threaten to make the shortage of transplant organs even more acute: Safer vehicles cut into supply; longer life spans exacerbate demand. Even though 58 percent of adults in the United States have registered as donors, demand still outpaces supply and most likely always will.

The EPA Can’t Wait to Reopen the Mine That Poisoned North Idaho (Sparky1)

So far, much of the metals pouring down from Silver Valley has settled innocuously on the bottom of the lake, undiffused in the overlying water. But the pollution is a ticking time bomb. Coeur d’Alene’s rapid development is loading the lake with nutrients from septic systems, lawn runoff, and logging activity, among other sources. Nutrients promote plant growth, which depletes the water’s oxygen supply. When the water becomes sufficiently anoxic—depleted of saturated oxygen—the metals will dissolve and flux upward into the water column, turning the lake into a toxic sink of liquefied arsenic, cadmium, lead, and zinc.

Massive Woolsey Fire Began On Contaminated Santa Susana Field Laboratory, Close to Site of Partial Meltdown (Sparky1)

The tremendously destructive Woolsey Fire has been widely reported as beginning “near” the Santa Susana Field Laboratory (SSFL or Rocketdyne), but it appears that the fire began on the Rocketdyne property itself. Cal Fire identifies the fire location as E Street and Alfa Road, a location that is in fact on SSFL. It was recently reported that the “Chatsworth electric substation” experienced a disturbance 2 minutes before the fire was reported, but that substation is in fact on SSFL, near that location. A photograph posted on Twitter from KCAL9’s Stu Mundel shows the fire starting Thursday afternoon near the same location, which is only about 1,000 yards away from the site of the 1959 partial nuclear meltdown of the Sodium Reactor Experiment (SRE) reactor.

Professor Valentina Zharkova explains and confirms why a "Super" Grand Solar Minimum is upon us (thc0655)

Her models have run at a 93% accuracy and her findings suggest a Super Grand Solar Minimum is on the cards beginning 2020 and running for 350-400 years.

The last time we had a little ice age only two magnetic fields of the sun went out of phase.

The Earth is in a death spiral. It will take radical action to save us (John J.)

Public figures talk and act as if environmental change will be linear and gradual. But the Earth’s systems are highly complex, and complex systems do not respond to pressure in linear ways. When these systems interact (because the world’s atmosphere, oceans, land surface and lifeforms do not sit placidly within the boxes that make study more convenient), their reactions to change become highly unpredictable. Small perturbations can ramify wildly. Tipping points are likely to remain invisible until we have passed them. We could see changes of state so abrupt and profound that no continuity can be safely assumed.

What Started the California Fires? Experts Track the Blazes’ Origins (Sparky1)

Even a tiny pebble can be an important clue. On which side was it blackened by heat? What’s the condition of the soil below the fire at the place it started? An electrical charge from a high-voltage power line, for example, can solidify sand with a telltale signature. Then investigators look at things that were touched by the flames but not destroyed.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/15/18

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

1 Comment

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saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
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