‘We know where dark matter is hiding’ claim boffins Physicists from Brown University are claiming to have set a lower limit for the mass of dark matter. Their analysis of data from the NASA Fermi Gamma-ray space telescope, to be published in Physical Review Letters on December 1 (pre-press copy here), suggests a lower mass limit of 40 GeV (giga-electron volts) for dark matter …
Yeah, because particle physicist are the best people to sort out socio-economic problems. Perhaps we should have rocket scientist doing brain surgery or looking for a cure for cancer? Or alternatively, lets get people to work in the areas they have an interest and aptitude for.
Economists, bankers and politicians caused this "worldwide*" debt crisis so they should sort it out. That's why they get paid such enormous salaries, isn't it?
* Who do we owe the money to? The martians?
get jobs as quants, where they design trading algorithms.
Germany's Angela Merkel - ground zero for the Euro crisis, and the one person who has done more damage to Europe than any other - has a similar science background, and seems to have been even more ambitious.
Otherwise yes - bankers, economists and politicians created the 'crisis' for political reasons. It wouldn't have happened without them - and they\re still trying to profit from it, at everyone else's expense.
Don't use fractional reserve model; currently the money you have is someone else's debt. This works until people stop paying their debt or don't ask for any more loans.
Unfortunately impossible to rollback now as it would mean linking an absurd amount of money which doesn't really exist to a limited amount of resources which do exist.
The global economic system is just a very large control system with feedback. Are you saying that people from a control theory background (rocket scientists?) should not get involved in economics? i.e. people who can do maths should stay away, the ones that can not should carry on making a mess?
The problem isn’t the fractional reserve model, the problem is the fraction retained and how the financial institutions make up the rest of their finance, by borrowing even more money from other financial institutions, backing that debt by selling on (capitalization) their dodgy loans and calling them ‘assets’ and the other brainless shit that makes money from money, options trading (speculation), futures (speculation), derivatives (speculation), futures (speculation), naked credit default swaps (speculation), credit default swap spreads (speculation) short selling (speculation) etc. etc.
So we have science that either:
a) discards the evidence that contradicts a theory
b) invents or imagines evidence to support a theory
Both characteristics of religion, not observational science. But keep the Faith, Richard!
@RedBren:
LOK! Particle physicists aren't even very good at spotting particles.
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