Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
View original post here: Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
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View original post here: Rational Reason to Panic; Hot Money Blues; Right for the Wrong Reasons
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid.
Should Eli Believe His Lying Eyes or Makarieva James reminds Eli of Makarieva et al in Atmospheric Chemistry and Physics as well as featuring on several blogs. One can summarize the entire thing by noting that Makarieva claims that winds are formed when water vapor condenses decreasing the gaseous volume. Were this the major process, air would move inwards towards the area where the condensation occurred. Most others point out that the release of energy from the heat of condensation will blow the air outwards. That’s the summary There was an almost infinite amount of mathturbation about this including the original paper, and Dr. Makarieva was very, well, insistent. Eli OTOH is a member of the reality based community. The Rabett likes to look at what is going on and figure out what it means before turning the math crank. Recently Ms Rabett dragged Eli off into the mountains where he could actually watch the clouds form. He could tell you what happened, but in this world we have the video.
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See original article: CONFIRMED: US Shipping Weapons to Syria – Al Nusra’s "Mystery" Sponsors Revealed
Another "Euro Is Saved" Moment in Pictures Posted by Michael Shedlock at 11:25 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Bad Bank Losses 30-90%; Food Supplies Down to Two Days; Plenty of Fuel, Not enough Cash Capital controls and a good-bank, bad-bank structure is what is now on the table.