• Category Archives Science
  • RAND PAUL: ‘I CANNOT VOTE TO ADD MORE TO THE ALREADY MASSIVE $20 TRILLION DEBT’

    Senator Rand Paul said Tuesday that he cannot vote to add more to the national debt. The lawmaker wrote in a post on Twitter that ‘I promised Kentucky to vote against reckless, deficit spending and I will do just that.’
    Rand Paul may be one of the few fiscally conservative Republicans in politics today. Paul’s tweet didn’t suggest he would oppose the GOP tax bill due to deficit concerns.
    I cannot in good conscience vote to add more to the already massive $20 trillion debt. I promised Kentucky to vote against reckless, deficit spending and I will do just that. pic.twitter.com/BUYqm91mli
    – Senator Rand Paul (@RandPaul) December 12, 2017
    The lawmaker clarified in a follow-up tweet that tax cuts ‘are never the problem.’

    This post was published at The Daily Sheeple on DECEMBER 12, 2017.


  • Global Warming Causing California Wildfires?

    Believe it or not, now the Global Warming crowd is trying to claim that the California wildfires are being caused by none other than Global Warming. ‘As global temperatures continue to rise, scientists say the risk of extreme fire seasons across the West is rising, too.’ Anyone who has ever visited the Red Wood Forest in California stands in awe of the grandeur of the place. However, to the shock of many, the redwoods are nearly indestructible. They have evolved to withstand fires. That means, over millions of years, wildfires in California have existed long before humans were even there. The Global Warming people just never both looking at the facts.
    Armstrong Economics

    This post was published at Armstrong Economics on Dec 9, 2017.


  • Mount Vesuvius Anyone?

    ‘In the face of a shock, investors may be surprised to find themselves jammed running for the exit.’ That quote is from Paul Tudor Jones, who was one of the pioneers of the modern hedge fund and is considered a brilliant investor and trader. He went on to say that things are ‘on the verge of a significant change’ and that the current market reminds him of 1999.
    The current market reminds me of the demise of Pompeii, which was destroyed by the massive volcanic eruption of Mt Vesuvius in 79 AD. Pompeii was a prosperous city of the Roman Empire on the coast of southwest Italy. It sits at the base of Mt. Vesuvius, a volcano that had been dormant for a long time. Earthquakes and seismic activity, scientists believe, began to ‘warn’ the population of Pompeii roughly 17 years before the big eruption, when a massive earthquake largely leveled Pompeii. Shortly before the eruption more signs began occurring, hinting that something wasn’t right. Though some people evacuated the area, most of Pompeii’s populace was not worried. The rest is history.
    Though there are many warning signs, similar to the citizens of Pompeii living at the base of an active volcano, the American public does not seem the least worried
    about having their money in the stock market. Retail margin debt, at 100% of market capitalization, is at its highest ever. The percentage of U. S. household wealth (not including home equity) invested in stocks in some form is in its 94th percentile. This is the highest allocation to equities since just before the tech bubble popped in 2000. In other words, despite the numerous warnings for those paying attention, investors have piled most of their savings/wealth into the stock market with complete disregard to the growing probability of a down-side accident.

    This post was published at Investment Research Dynamics on December 7, 2017.


  • CME Unveils “Weirdest Chart Ever”

    We freely admit: Figure 1 is probably the strangest chart that you will ever see, at least in finance.
    You may be wondering: did they throw blue spaghetti noodle on paper for inspiration and then write an economics article about it? Or, have they spent too much time with disciples of psychologist Timothy Leary, a proponent of experimenting with psychedelic drugs?
    Figure 1: Weirdest Chart Ever

    This post was published at Zero Hedge on Dec 5, 2017.


  • Editor Apologizes For Running “White Death” Opinion Piece

    Authored by Rob Shimshock via The Daily Caller,
    An editor for a student paper apologized for an op-ed a student journalist asserted that ‘white death will mean liberation for all,’ according to a Wednesday report.
    Rudy Martinez, a Texas State University student journalist for The University Star, wrote an article entitled ‘Your DNA Is An Abomination,’ referring to the DNA of white people, reported The College Fix.
    ‘The original intent of the column was to comment on the idea of race and racial identities,’ said Denise Cervantes, The University Star’s editor-in-chief, in a statement. ‘We acknowledge that the column could have been clearer in its message and that it has caused hurt within our campus community.
    We apologize and hope that we can move forward to a place of productive dialogue on ways to bring our community together.’

    This post was published at Zero Hedge on Dec 1, 2017.


  • Surveillance State: Stanford Researchers Use AI To Determine Neighborhood’s Bias By Its Cars

    A team of researchers at Stanford University have trained artificial intelligence algorithms to observe and study millions of images on Google Street View to determine how people vote by the make of their car. The algorithms were trained to recognize the make, model, and year of every car produced since 1990, in more than 50 million Google Street View images across 200 American cities.
    The data on car types and location were then compared against the most comprehensive demographic database in use today, the American Community Survey, and against presidential election voting data to estimate demographic factors such as race, education, income and voter preferences, the Stanford News reported.
    Fei-Fei Li, an associate professor of computer science at Stanford and director of the Stanford Artificial Intelligence Lab, led the team of researchers who published the study on Tuesday in the official journal of the U. S. National Academy of Sciences, and found a ‘simple linear relationship’ between cars, demographics and political persuasion.

    This post was published at Zero Hedge on Dec 1, 2017.


  • There Have Been 698 Earthquakes In California Within The Past 30 Days

    Why is the west coast shaking so violently? According to the latest data from Earthquake Track, there have been 698 earthquakes in California within the past 30 days. By the time that you read this article, that number will undoubtedly have changed. In recent days I have felt such an urgency to write about the seismic activity on the west coast, and I am quite concerned that so few people seem to be paying attention to what is happening.
    As I have covered previously, scientists tell us that when seismic activity begins to escalate the probability of having a major earthquake jumps significantly. Over the past month there have been more mainstream news articles about earthquake swarms in California than I have seen in years, and the magnitude 4.6 earthquake that rattled Monterey County earlier this month made headlines all over the world.
    And it isn’t just the U. S. section of the ‘Ring of Fire’ that seems to be awakening. I have written about Mt. Popocatepetl down in Mexico several times recently, and on Friday it erupted three more times…
    Spectacular eruptions have been seen Southeast of Mexico City as Mexico’s Popocatepetl volcano spewed smoke and ash high into the air.
    The volcano had three eruptions Friday, one of which reached two and a half miles into the sky.

    This post was published at The Economic Collapse Blog on November 26th, 2017.


  • Meet Laikago: China’s $25,000 Robo-Labrador

    The Japanese have their non-nagging synthetic wives, the Saudis have their Shariah-compliant humanoid citizens, Americans are content with a backflipping supra-human, and now the Chinese get their very own 50lb, poop-less, robo-dog…
    Meet Laikago – named after Laika, a Soviet dog who was the first living creature to orbit the Earth.

    The Chinese-made robot dog weighs 22kg, a bit less than a common Labrador, and is around 60cm tall.
    ‘It is a kind of medium automatic robot, a robot-dog in short,’ creator Wang Xingxing told RT’s Ruptly video news agency.
    ‘We have popularized Laikago among science and technology companies, and science fans. So Laikago is a scientific toy.’

    This post was published at Zero Hedge on Nov 25, 2017.


  • The Global Domination of Big Tech

    The big four – Apple, Amazon, Facebook, and Google – have literally changed the face of the world economy, and are collectively responsible for creating a combined market capitalization equivalent to the GDP of India with a population the size of the Lower East Side of Manhattan.
    This, according to Scott Galloway, professor of marketing at NYU Stern, founder of L2 Inc. and author of The Four: The Hidden DNA of Apple, Amazon, Facebook, and Google, means we need to watch these four – and other potential disruptors – very closely, as they point the way toward understanding the economy as a whole and where innovation will lead us.
    How Dominant Are They?
    It’s easy to compare these companies to industrial powerhouses that existed at the turn of the Twentieth Century. But, if we look at them from the perspective of market share, the picture turns out a bit different.
    Except for Google, which now controls 90 percent of the market for internet searches – now a larger market by dollar volume than the advertising market of any nation with the exception of the United States – Facebook, Amazon, and Apple don’t enjoy excessive market share, Galloway noted. Amazon, for example, captures around 4 percent of retail, and Apple only has 15 percent share of the phone market.

    This post was published at FinancialSense on 11/21/2017.


  • Slaughterbots — Meh

    The stupid, it burns!
    A UC Berkeley computer science professor helped to create a video that imagined a world where nuclear weapons were replaced by swarms of autonomous tiny drones that could kill half a city and are virtually unstoppable.
    Stuart Russell, the professor, said these drones are already a reality.
    Meh.
    This so-called “professor” needs to be taken out into San Francisco Bay where there are sharks and tossed overboard for this horse**** stunt.
    Let me explain.
    Yes, it is trivial, even today, to create a small drone that can “pierce” someone’s skull. You can quite-trivially recognize a “head” and aim at it, along with striking it. You don’t even need a lot of forward speed since the attack can come from above, using gravity, and with a small enough “snout” the amount of kinetic energy required is pretty small too.

    This post was published at Market-Ticker on 2017-11-22.


  • Do The Russians Have The Key To Solve America’s Opioid Crisis?

    A new medical breakthrough in southern Russia could hold the key in solving America’s opioid epidemic.
    Scientists at Volgograd Sate Medical University are launching clinical trials into a pain-killing drug which outperforms morphine, and does not cause addiction. This would be a big step in the right direction, as the crisis in the United States spirals out-of-control.
    ***
    In late October, President Trump addressed the nation outlining that the opioid crisis is now a ‘public health emergency’. Here are some mind-numbing facts indicating America has a major problem and if not fixed soon, it could produce major strains on the economy and healthcare system.

    This post was published at Zero Hedge on Nov 21, 2017.


  • Silicon Valley Exec Has Created A New Religion That Will Worship A ‘Godhead’ Based On Artificial Intelligence

    I know that the headline sounds absolutely crazy, but this is actually a true story. A Silicon Valley executive named Anthony Levandowski has already filed paperwork with the IRS for the nonprofit corporation that is going to run this new religion. Officially, this new faith will be known as ‘Way Of The Future’, and you can visit the official website right here. Of course nutjobs are creating ‘new religions’ all the time, but in this case Levandowski is a very highly respected tech executive, and his new religion is even getting coverage from Wired magazine…
    The new religion of artificial intelligence is called Way of the Future. It represents an unlikely next act for the Silicon Valley robotics wunderkind at the center of a high-stakes legal battle between Uber and Waymo, Alphabet’s autonomous-vehicle company. Papers filed with the Internal Revenue Service in May name Levandowski as the leader (or ‘Dean’) of the new religion, as well as CEO of the nonprofit corporation formed to run it.
    So what will adherents of this new faith actually believe?
    To me, it sounds like a weird mix of atheism and radical transhumanism. The following comes from Way of the Future’s official website…
    We believe in science (the universe came into existence 13.7 billion years ago and if you can’t re-create/test something it doesn’t exist). There is no such thing as ‘supernatural’ powers. Extraordinary claims require extraordinary evidence.

    This post was published at The Economic Collapse Blog on November 16th, 2017.


  • Amazon Says It’s “Almost Ready” To Get 1,000s Of Grocery Store Cashiers Fired

    Late last year we noted Amazon’s efforts to ‘disrupt’ the traditional grocery retail model by introducing small format stores that allow customers to simply walk in, pick up what they want and walk out. The concept store, dubbed AmazonGo, tracks a customer’s every move, including each item they remove from store shelves, allowing them to skip long, often frustrating, check out lines (see: Amazon Goes Offline With Bricks-And-Mortar Grocery Chain; Envisions Opening 2,000 Stores).
    Now, after nearly a full year of testing their Seattle concept store with employees, Amazon says their cashier-less grocery store is just about ready to go live. As Bloomberg notes this morning, the company has already begun hiring construction managers and marketing staff to build out a store base.
    The e-commerce giant unveiled Amazon Go last December, saying it planned to open the store to the public early this year. However, the company encountered technical difficulties and postponed the launch to work out the bugs, The Wall Street Journal reported in March.
    Seven months later, challenges remain, but the ‘just walk out’ technology has improved markedly, says the person, who requested anonymity to speak freely about the project. And in a sign that the concept is almost ready for prime time, hiring for the Amazon Go team has shifted from the engineers and research scientists needed to perfect the platform to the construction managers and marketers who would build and promote the stores to consumers.

    This post was published at Zero Hedge on Nov 15, 2017.


  • “How To Forecast Markets”: A Departing Top JPMorgan Strategist Reveals What He Learned After 30 Years

    One of the most popular JPMorgan analysts, traders and commentators, Jan Loeys, head of global asset strategy and author of the weekly “The JPMorgan View” piece is moving on (to a different, non-client facing part of the company), and is using his last weekly address to JPM clients to recap the main lessons he has learned over his 30 year career.
    For those carbon-based traders who still trade on the basis of fundamental analysis, inductive reasoning, and discounting, and forecasting the future – instead of merely relying on the fastest laser-based algos to react to the news or hoping for central bank bailouts – we have excerpted the entire piece, and are excited to note that while Loeys may be leaving, he will be replaced by two of our favorite JPM analysts and commentators, Nikos Panigirtzoglou and Marko Kolanovic, who under John Normand will take over as JPM’s new Cross-Asset Strategy team.
    So, without further ado, here is the latest, and last, from JPM’s Jan Loeys, explaining “What have I learned?” after 30 years of doing this…
    What have I learned?
    How to forecast markets?
    The theory and empirical literature of Finance are the best starting point as they deal directly with asset prices. Next are macro economics and statistics. Markets are not Math or Engineering, but a forever learning and adapting system with all of us observing and participating from the inside. Quantitative techniques are indispensable, though, to deal with the complexity of financial instruments and the overload of information we face. Empirical evidence counts for more than theory, but you need theory to constrain empirical searchers and avoid spurious correlations.

    This post was published at Zero Hedge on Nov 12, 2017.


  • Mass Shootings, Mass Psychology And Self-Defense

    There is an unfortunate correlation between crises and catastrophes and mass psychology. For those with a decent long-term memory, you may have noticed that the frequency of attacks and tragedies taking place today around the world is far above and beyond what occurred 10 years ago. So much so that many in the public have moved beyond the point of outrage and have now embraced complacency.
    The mass shooting issue, for example, once inspired fevered debate over gun rights. Not so much anymore. While I am happy that the relentless attempts by leftists to exploit every shooting as a tool for their gun grabbing agenda have taken a backseat, I see a trend in another direction which is equally dangerous. That trend is a move towards acceptance that “these things happen,” instead of a healthy discussion on real solutions (and no, more gun control is not one of them).
    A decade ago the Vegas shooting would have inspired media and social discussion for at least a year. Now, the story disappears in two weeks and is replaced with 10 others. I will be surprised if the latest church shooting in Texas in which 26 people were killed stays on the news feeds for more than a few days.

    This post was published at Alt-Market on Thursday, 09 November 2017.


  • The Economics Definition of Sanity: Keep Doing The Same Thing Over and Over Because It Has To Work One of These Times

    We live in an age of statistics. They are everywhere, including a whole lot of junk numbers (endless studies) that don’t pass minimum scrutiny. Somehow, statistics have become the gold standard for at least the mainstream media in framing our view of everything from new discoveries to further exploration into how things work.
    That’s fine for a discipline like quantum physics where the utterly complex probability models have been repeatedly tested and validated. It’s a far different proposition in the softer sciences where the rules of science aren’t as easily determined.
    In 1972, Karl Popper in further defining the scientific process in this modernizing age said that,
    Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.
    It’s a warning that I try to take to heart, seeing as I do eurodollars lurking ominously behind every global problem. But Popper also said at the same time, ‘no rational argument will have a rational effect on a man who does not want to adopt a rational attitude.’ In other words, as long as I stick to a broad enough survey of evidence then proceeding as I do on the monetary explanation for at least economic deficiencies is a legitimate, rational inquiry.

    This post was published at Wall Street Examiner on November 7, 2017.


  • “One Simple Reason The Yield Curve Is Collapsing”

    The divergence between the ‘hope’ melt-up in stock markets and the ‘nope’ collapse of the US Treasury yield curve has never been so wide… and has never engendered so many excuses by commission-takers and asset-gatherers for why the latter is wrong and the former correct.
    One thing is clear, as The Fed tightens rates, the market is increaingly insensitive to the next tightening as financial conditions have eased dramatically as the Fed tightens. Former fund manager Richard Breslow suspects ‘you ain’t seen nothing yet’ as the linkage between FOMC raising rates and a flattening yield curve suggests this tradable trend is far from over.
    Via Bloomberg,
    The yield curve in the Treasury market has continued on its flattening way. Look at a one-year chart and it shows a relentless, if at times choppy, move from its widest at the beginning of the period to today’s new tight. Everyone seems to have their theories why and what it means, giving clear proof that great minds can differ. And even the bond market isn’t simply well-established science. One thing that they do agree upon is the obvious: it’s been a clear, tradable trend. But before we start waxing eloquent on the historic magnitude of the move, keep in mind, this tightening absolutely pales in comparison to several others of the last 25 years.

    This post was published at Zero Hedge on Nov 7, 2017.


  • Can Solar Survive Without Subsidies?

    In an increasing number of regions in the US, solar (and wind) power can produce electricity at the same cost – or lower – than more traditional fuels, like coal or natural gas.
    We call it reaching ‘grid parity’ here in the business.
    The catch, however, is what happens when government subsidies are removed from the calculation.
    That’s why what happened at the end of September in the UK may be a sign of things to come across the pond here in the US.
    Read Solar Costs Are Dropping Much Faster Than Expected
    See, the British just brought a new solar power project online without relying on subsidies. Only the market will dictate what this power plant gets paid.
    And the way they did it shows where the solar industry and energy markets in the US are headed next…

    This post was published at FinancialSense on 11/06/2017.


  • Scientists Look For A Cure For Politically Undesirable Behavior

    Via GEFIRA,
    The ‘Free World’ has taken on where the Soviet scientists and psychiatrists left off.
    German and American scientists of renowned Universities in Bonn and Lbeck do research on treatment for politically undesirable behaviour like their Soviet colleagues from the infamous Serbsky Central Research Institute in Moscow. In the Soviet Union people who protested the system had to undergo psychiatric treatment.
    Vladimir Bukovsky, a world-known dissident survived one and described it. The same will be the fate of the so called Free World’s citizens if they fail to conform to the idea of a multi-cultural society. The powers that be have given a signal, and obliging, complaisant scientists are already busy working on bettering our collective and individual psyche. Apart from homophobia and Islamophobia, xenophobia is another psychiatric condition that needs to undergo therapy…hormonal therapy.
    Throughout history, the world has been torn by two opposing factors that face each other with daggers drawn. These are natural biological, and unnatural forces, or reality and dystopia. It is natural for a human being to want to possess things and work as little as possible; to counter it, dystopian socialists, communists or Christian heretics came up with an idea of a society governed by the principle: From each according to his ability, to each according to his needs.
    It was supposed to work. And it failed miserably everywhere it was installed and implemented, from Cuba to East Germany, to the Soviet Union, to North Korea.

    This post was published at Zero Hedge on Nov 3, 2017.


  • HUMANS HAVE MORE EMPATHY FOR DOGS THAN THEY DO FOR OTHER HUMANS

    A new study confirms that humans love dogs more than they love their fellow humans. According to science, it’s because people see dogs as helpless.
    According to two new studies, we’re more likely to empathize with struggling dogs than with struggling people. Medical research charity Harrison’s Fund conducted an experiment two years ago to test whether people were more likely to donate money to help dogs or humans, and they concluded it’s the former.
    This idea was conjured up and backed up by another recent study into human-dog empathy, which concluded that we get more upset by stories of dogs being beaten up or hurt than humans going through the exact same treatment.
    The researchers’ experiment was actually quite simple. They printed two advertisements, both of which posed the question: ‘Would you give 5 to save Harrison from a slow, painful death?’ The only difference between the ads was the picture. One featured Harrison as a little boy, the other featured Harrison as a dog. And it was Harrison the dog who received the most donations.

    This post was published at The Daily Sheeple on NOVEMBER 2, 2017.