Re: News flash!
>I think you might be overestimating their logical reasoning
I think you might be overestimating their ability to make fire
12501 posts • joined 31 Dec 2009
That's the brilliant part of the plan, made possible by ignoring experts, we don't launch them into orbit
The satellites will be placed at strategic points around the coast on top of tall buildings previously holding lights, from which they will broadcast a radio beam. By intersecting two of these beams one will be able to perform long range navigation
That's how you can tell how efficient a market is.
If bank A can employ the public school educated sons of the chairman's golfing buddies and bank B employs brilliant math PhDs irrespective of sex/color/class/number of legs = if both banks do equally well then the market is inefficient.
Look at the relative returns of Bearings/Credit Suisse/Lehman etc vs Renaissance Technologies
Except you can't call out racism of HK VS mainland or Singapore VS Taiwan or Indians VS everyone else (including other Hindus) - because that's racist.
In my experience in tech, it's mostly Indians and mainland Chinese who are openly racist. Some of that is selection bias, these aren't the Indians with US graduate degrees, but it's also background - I don't think Indian state schools do a lot of diversity training.
In the UK I think the only open racism I saw in business tech was sectarian - but that was in NI
Unfortunately the public seem unhappy with the idea of salary tied to income:
Hedge fund managers makes $Bn in profit is paid $100M bonus = crowd with pitchforks
Facebook make $3M/programmer is paid $250K = mob with small garden trowel
Miner produces coal worth $20K, is paid $50K = universal support
>Galileo was EU-level nationalistic willy waving.
Right up to the point where the USA got a president who wants to pull out of the UN, says NATO is finished and launches trade wars with its allies.
You don't think he would be willing to turn off GPS over europe if somebody French was mean to him at the next G7 ?
> Israel and Argentina bought Mirages from France
I don't think they 'bought' any - as in actually paid for.
France refused to sell them arms and so the IAF 'obtained' a set of plans and built them themselves.
How complicit France was in the 'obtaining' isn't clear - it was trying to compete with the USA as an arms supplier and so was similarly adept at working around it's own embargoes
That's why we always bought Macs for sales people.
Break your Macbook anywhere from Aukland to Zurich and walk into an Apple store, get it fixed or swapped, your work synched from iCloud and back to work.
Compared to buy a Lenovo/Dell and ship it back to them and have a replacement in 2weeks - It's worth me paying a few $100 extra
And Apple stores made no sense for selling macs.
That's why everybody laughed at Jobs for opening masses of expensive stores that competed with other retailers also selling macs for less - remember this was before the iPhone
Then suddenly you had a network of stores to sell the mobile phone - to customers who didn't care about the price or which network it's from.
>When I lived in a big city the difference between people that shopped in the posh shopping areas compared to the poor was obvious.
That's the advantage of this technology. Human police were only able to spot criminals by simple clues such as skin colour. But this will be able to scan all the posh people in suits coming out of Liverpool st station in the morning and detect which ones who are insider trading or rigging libor.
Instead of the police grabbing a few minor drug dealers or car radio thieves they will be able to prevent the next financial meltdown.
But all those body shops are going to get their quotas back. Once Tata has a word with its friends in government back home and Trump-TajMahal looks like having a few planning problems....
This is just political pandering to his base - nobody is busy hiring foreign summer resort workers so why not announce a clamp down on them "furriners tekin ar jobs"
It's like Boris going to the Green party and announcing a (temporary) 99% reduction in CO2 emissions from Heathrow
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