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Topics I've Started

  1. Solar Lighting

    18 March 2012 - 07:29 AM

    This is a solar lighting solution with a difference.
    Very innovative.
    http://www.wimp.com/lightenup/
  2. China Thread

    12 January 2012 - 04:30 AM

    China is shaping up to be the story of 2012.
    China's hard landing.

    Quote

    As both anecdotal, local and hard evidence of China's slowing (and potential hard landing) arrive day after day, it is clear that China's two main pillars of strength (drivers of growth), construction and exports, are weakening. As Societe Generale's Cross Asset Research group points out, China is entering the danger zone and warns that given China's local government debt burden and large ongoing deficits, a large-scale stimulus plan similar to 2008 is very unlikely, especially given a belief that Beijing has lost some control of monetary policy to the shadow banking system.

    Even though we have an Asia thread, I thought it demanded its own thread for people to place their fragile - "China" - articles.
  3. Astroturfing

    06 January 2012 - 11:44 PM

    Recently listened to this edition of 'Background Briefing" on ABC.
    You can find a transcript of the show here.LINK LINK LINK
    A little taste of what its about.

    Quote

    The internet is awash with misinformation, manipulated identities, fake reviews, and dishonest comments. Politicians use astroturfing. So do businesses and marketing firms. Beware—it's infecting everyone. Reporter Hagar Cohen
  4. Favourite analogy

    19 December 2011 - 10:49 PM

    Just wondering what's been your favourite analogy of the crisis.
    eg;
    "slow moving train wreck"
    "housing falling off a cliff"
    "Titanic sinking, or trying to avoid the iceberg" (early days of GFC)

    Heard one recently talking about the shadow banking as "a black hole".
    Prof Steve Keen has used a few as well.
    "Car running out of petrol going up a hill"
    "Sick patient, given more morphine - killing him"

    And I picked up this one off the Mike Shedlock site:

    Quote

    I noticed today that the new Spanish president lamentingly compares himself to a father who must feed four, with only enough bread for two.


    Analogies can never fully describe a situation. They are rather an attempt to explain it in layman's terms, with familiar imagery that people understand.
    Each analogy, while falling short of the truth, is still able to provide a perspective on a situation.
    Many witnesses in court cases, resort to analogies, when they are unable to put into language their actual experience.

    It is/was like.......(analogy)
    Language is always incapable of describing experience, and so we resort to analogy to make up for the shortfall.
    It is an imprecise exercise, as tor correctly alludes to, but it is a helpful tool for many people in making sense of a complex issue.

    What are your favourite analogies for the past 12 months, of this current economic crisis, or political system?
    Have fun.
  5. ASIA

    06 December 2011 - 08:25 AM

    Noticed today that someone is finally taking their eyes away from Europe and US, and asking the question about Asia.

    Quote

    Economic growth in emerging East Asia will continue to moderate into 2012 as growing sovereign debt problems in Europe and an anemic U.S. economy raise the spectre of a deep global economic downturn, the Asian Development Bank (ADB) said Tuesday.

    In the event that both the eurozone and the U.S. economies contract sharply, the impact on emerging East Asia would be serious yet manageable, said the ADB's latest Asia Economic Monitor.

    "The turmoil emanating from Europe poses a growing danger to trade and finance within emerging East Asia; so the region's policymakers must be prepared to act promptly, decisively and collectively to counter what could be an extended global economic slowdown," said Iwan J. Azis, head of ADB's Office of Regional Economic Integration, which produced the report.

    The semi-annual report released Tuesday assesses the 10 ASEAN economies -- Brunei Darussalam; Cambodia; Indonesia; Laos PDR; Malaysia; Myanmar; Philippines; Singapore; Thailand; and Vietnam - - as well as those of the People's Republic of China (PRC); Hong Kong, China; the Republic of Korea; and Taipei, China.

    ADB cut its forecast for the region's growth in 2012 to 7.2 percent from the 7.5 percent forecast in the September Asian Development Outlook 2011 Update. Growth is still forecast at 7.5 percent for this year.

    Doesn't pay to forget anyone in a "global", crisis. Here's the link to the article.

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