Added by Michael Grove at 7:56 on April 5, 2013

... have fallen below…

Added by Michael Grove at 4:54 on June 16, 2016

Comment on: Blog Post 'LEAD by THE EXAMPLE of ...'

lly parasitic as a Flu virus. For sure, we need old-fashioned banks who help us move money around, and take care of our savings. Possibly we need insurance companies to help us deal with life’s risks. Maybe there is even some sense in having companies which manage investments – if that process can be removed from the paper-casino it currently lives in and revert to supporting companies to buy plant and equipment, or cover their trading cycles. But a City of London filled with financial institutions generating huge fantasy debts which we, our children and our grandchildren are supposed to pay back? They’re not worth the paper they’re NOT written on. BUT - WHAT IF Nassim Taleb's "Black Swans" were engineered by a group of men - living together in society today - as a result of information asymmetry ? " When plunder becomes a way of life for a group of men living together in society - they create for themselves, in the course of time, a legal system that authorises it and a moral code that glorifies it " Frederik Bostiak Governments should be afraid of their PEOPLES - and the PEOPLE should not be afraid of voting into power - GOVERNMENTS - of the PEOPLE - by the PEOPLE - for the PEOPLE …

Added by Michael Grove at 16:37 on January 28, 2013

Comment on: Blog Post 'HUBBLE - BUBBLE - TOIL & TROUBLE ...'

vernments tell you how valuable our banking system is, and how important our financial services sector is, don’t believe them. Most of it is as valuable to our lives and as energetically parasitic as a Flu virus. For sure, we need old-fashioned banks who help us move money around, and take care of our savings. Possibly we need insurance companies to help us deal with life’s risks. Maybe there is even some sense in having companies which manage investments – if that process can be removed from the paper-casino it currently lives in and revert to supporting companies to buy plant and equipment, or cover their trading cycles. But a City of London filled with financial institutions generating huge fantasy debts which we, our children and our grandchildren are supposed to pay back? They’re not worth the paper they’re NOT written on. BUT - WHAT IF Nassim Taleb's "Black Swans" were engineered by a group of men - living together in society today - as a result of information asymmetry ? " When plunder becomes a way of life for a group of men living together in society - they create for themselves, in the course of time, a legal system that authorises it and a moral code that glorifies it " Frederik Bostiak Governments should be afraid of their PEOPLES - and the PEOPLE should not be afraid of voting into power - GOVERNMENTS - of the PEOPLE - by the PEOPLE - for the PEOPLE …

Added by Michael Grove at 8:01 on February 27, 2013

Comment on: Blog Post 'RAIN BEFORE SEVEN, FINE BEFORE ELEVEN'

alculations per second and is capable of taking in 215 billion weather observations from all over the world every day. But despite its impressive computational power, and ability to give advanced warning, accurate long-range forecasts on a local level remain out of reach. "It's the regional details that are important, about where the risks will be, where the rain will fall and getting that information to first responders as fast as we can," says Andy Kirkman, head of government services at the Met Office. That regional data could be provided in the future by the Met’s new supercomputer, which was announced on Monday and will be the most powerful climate supercomputer in the world. The government said that it will invest £1.2bn into the project. The supercomputer itself is expected to cost £854m, with the remaining funds set to go towards investment in the Observations network and programme offices over a 10-year period from 2022 to 2032. The machine will increase the Met Office computing capacity six-fold allowing it to better forecast for airports so they can plan for potential disruption. The Met's new supercomputer will look to deliver at least a further three times supercomputing capacity in the last four years of the programme. But, aside from the extra processing power, the Met Office is also hoping the machine will make it easier to deal with the data coming out. “It's valued not just in the accuracy but making that data more available to people to work on,” Kirkman says. Being able to do this will only become more urgent as global warming starts to change the environment. The computer will use all the data available to allow it to predict everything from reasonable scenarios, to what are termed “black swan events”, ones which are unpredictable and potentially catastrophic. …

Added by Michael Grove at 14:57 on September 5, 2020

Comment on: Blog Post 'HUBRIS - NEMESIS - CATHARSIS'

ernments tell you how valuable our banking system is, and how important our financial services sector is, don’t believe them. Most of it is as valuable to our lives and as energetically parasitic as a Flu virus. For sure, we need old-fashioned banks who help us move money around, and take care of our savings. Possibly we need insurance companies to help us deal with life’s risks. Maybe there is even some sense in having companies which manage investments – if that process can be removed from the paper-casino it currently lives in and revert to supporting companies to buy plant and equipment, or cover their trading cycles. But a City of London filled with financial institutions generating huge fantasy debts which we, our children and our grandchildren are supposed to pay back? They’re not worth the paper they’re NOT written on. BUT - WHAT IF Nassim Taleb's "Black Swans" were engineered by a group of men - living together in society today - as a result of information asymmetry ? " When plunder becomes a way of life for a group of men living together in society - they create for themselves, in the course of time, a legal system that authorises it and a moral code that glorifies it " Frederik Bostiak Governments should be afraid of their PEOPLES - and the PEOPLE should not be afraid of voting into power - GOVERNMENTS - of the PEOPLE - by the PEOPLE - for the PEOPLE …

Added by Michael Grove at 12:22 on January 27, 2013

Blog Post: Have YOU heard ...