Sunday, May 13, 2018
Friday, May 11, 2018
Thursday, May 10, 2018
92 years old elected President of Malaysia
I think of myself as old old so it comes as a shock that a large and rich country, Malaysia, has elected a 92 years old politician to power. The man appears to be healthy without incipient signs of senility. Walks fast and speaks clearly. Has all his hair. Does it prove that I am mistaken about myself and I am just a baby?
Rectifying Right and Left
Spandrell rectifies the meanings of the words:
"...the Left is the forces of chaos, led by sociopathic status maximizers (SSM), while the Right is the forces of order. Outside the theory, the Left is whatever gets called the Left, and the Right is whatever gets called the Right in a particular place and time."
Learned a new word: SSM.
"...the Left is the forces of chaos, led by sociopathic status maximizers (SSM), while the Right is the forces of order. Outside the theory, the Left is whatever gets called the Left, and the Right is whatever gets called the Right in a particular place and time."
Learned a new word: SSM.
Sunday, May 6, 2018
Argentina: The run on the peso
On May 6 there was a run on the Argentina peso, that was stopped immediately by the Central Bank raising REPO interest rates to 40%. International interest rates are about zero, which illustrates the level of chaos in Argentina's finances.
I know bunches of solid, hardworking, decent Spanish and Italian people in Argentina, I find no reason for its chaos and instability.
P.S. Argentine finance minister Dujovne (a relative?) traveled to New York to beg Madam Lagarde (IMF) for a 30 billion dollar loan.
I know bunches of solid, hardworking, decent Spanish and Italian people in Argentina, I find no reason for its chaos and instability.
P.S. Argentine finance minister Dujovne (a relative?) traveled to New York to beg Madam Lagarde (IMF) for a 30 billion dollar loan.
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