A notebook of useful things

Author: Ivan Debono (Page 6 of 8)

Fukushima, one year later

 

Nature reclaims the city. Photos of Fukushima exclusion zone, one year later.

Photos

More photos

And here’s Chernobyl after 25 years.

 

It’s over

The time for analyses is over. You’re better off burning your money and arming yourself with a bow and arrow. There may not be many mammoth still roaming the wastelands but at least you’ll die with dignity.

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The Last Universalist

Henri Poincaré
29 April 1854 – 17 July 1912

Henri Jules Poincaré, dubbed “the last universalist”, died one hundred years ago, on 17 July 1912.

One word: symmetry.

Continue reading

We’re officially screwed

 

Paul Krugman On The Euro Crisis – Business Insider.

A fascinating interview with 2008 Nobel laureate Paul Krugman, in which he describes the last two possible solutions to the Euro crisis. Both are impossible.

He basically sees two possible outcomes, both of which are “impossible.” Continue reading

The wrong tool

 

Défense : les objectifs d’Hollande | Atlantico.

These last twenty years have seen a spate of defence white papers and policy announcements by various western nations. They have failed.

A white paper on defence has one purpose: to define a future strategic posture. All of the armed forces reorganisations announced since 1990, particularly those of France and the UK, have had to be revised, often after a couple of years.

If the new structures do not meet the new requirements, then the whole exercise is a (very costly) failure. Barring the United States in its latest Defence Strategic Guidance, no western nation has had the political courage and intellectual honesty to define the new threats. So they tinker with budgets and sketch out strategies to fight yesterday’s wars.

 

The God of the Underworld gets a new companion

Hubble discovers new Pluto moon

Pluto and its moons

The Hubble Space Telescope has discovered a fifth moon circling the dwarf planet Pluto.

The new moon (P5 in the picture), visible as a speck of light in Hubble images, is estimated to be irregular in shape and between 10km and 25km across.

We need a new name for Pluto’s new companion. After Charon, Nix and Hydra, the fourth moon is sitll nameless. And now comes the fifth. I propose Orpheus and Eurydice. Didn’t Orpheus visit the underworld to rescue his Eurydice?

As an alternative, we could try Continue reading

Credit ratings. We fear no storm.

9July 2012, hours before a summit of eurozone finance ministers: comes the terrible headline: Spanish borrowing costs rise ahead of euro summit

Great. Should we worry or what? In June, Moody’s had cut Spain’s credit ratings to Baa3, just one notch above junk.

The world cannot wait. You tell ’em.

Why is it important for a country to protect its credit ratings?

In theory, credit ratings should be directly linked to interest rates on public debt. Continue reading

Die Schleuder

Not quite the Deutscher Bauernkrieg. This one’s coming from 172 economists, led by Hans-Werner Sinn who published an open letter demolishing Angela Merkel’s economic policies in favour of a European banking union. The letter was published two days ago in Frankfurter Allgemeine Zeitung.

Is this an Economists’ Revolt, after the Manifesto for Economic Sense?

 

 

 

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