Month: March 2014

March 31, 2014 0

We Are All Sitting Ducks

By News Desk

Tweet Michael Oppenheimer summed it up, "We are all sitting ducks" The WGII Summary for Policy Makers is available.  It can be downloaded , and is not very long (44 pages including figures, about 30 pages of print).  If bunnies have been paying attention a fast skim can be done.  It is a sobering read, no more so than expected, perhaps less than needed.  The first sentence says it all Human interference with the climate system is occurring, and climate change poses risks for human and natural systems Human existence depends on those natural systems and humans are straining them to the breaking point and it is in the natural systems that the largest effects have been seen, seen, but mere harbingers of that to come. In recent decades, changes in climate have caused impacts on natural and human systems on all continents and across the oceans.

March 30, 2014 0

China Accelerates Bad Debt Writeoffs; Reflections on "Policies to Counter Economic Volatility"

By News Desk

China Accelerates Bad Debt Writeoffs; Reflections on "Policies to Counter Economic Volatility" Financial stress related to Ponzi financing and other bad debts in China is readily visible in numerous places. One result is China’s Big Banks Double Bad-Loan Write-Offs . China’s biggest banks more than doubled the level of bad loans they wrote off last year, in a sign that financial strains are mounting as growth in the world’s second-largest economy slows.

March 29, 2014 0

Steve McIntyre in the library with the knife

By News Desk

Tweet Steve McIntyre, in his usual passive aggressive style been harassing the University of Western Australia to use " the coercive power of the state to force other people to give him, gratis, the fruits of their labor".  In this case, of course what McIntyre wants is the data used in LOG12, Lewandowsky, Oberauer and Gignac (2012) aka Recursive Fury which had been published by Frontiers in Psychology and recently retracted because of complaints which threatened legal action.  The recursive fury which had broken lose among those who felt themselves called out only recursed with the retraction, with new recurses.