Lascia ch’io pianga

Let me weep my cruel fate, and sigh for liberty. May sorrow break these chains Of my sufferings, for pity's sake Sung here by Patricia Petibon Lascia ch'io pianga is a soprano aria by composer George Frideric Handel which has become a popular concert piece. The melody for the song began its life as an Asian dance in his 1705 opera Almira. As … Continue reading Lascia ch’io pianga →

Make nominal spending the new target? We hope not.

In the January 2 2013 edition of the Financial Times Mr. Scott Summer, economics professor at Bentley University, publishes an article titled Make nominal spending the new target, where he argues for the revolutionary, and increasingly MSM-pushed idea of making Nominal GDP Targeting (NGDPT) the official policy of central banks in most western countries. This policy … Continue reading Make nominal spending the new target? We hope not. →

TYR 29 December 2012 reads

This Is What America Really Thinks @ Zerohedge Zerohedge does not comment it and neither will we. The IMF on overinvestment @ China Financial Markets in his latest post Michael Pettis comments a recent report on China, by the IMF, in which it is argued that China's economy, whose present investment levels stand at 50% of GDP, … Continue reading TYR 29 December 2012 reads →

TYR 20 December 2012 reads

Why Reported Inflation Seems Different Than Reality @ StreetTalkLive In this article Lance Roberts explains clearly how and why reported inflation understates real inflation, by a wide margin, and how this is one of the main factors contributing to the ongoing reduction in the standard of living in America. Amazing Chi Energy “Iron Shirt” Demonstrations @ … Continue reading TYR 20 December 2012 reads →

TYR 12 December 2012 reads

Inside the Risky Bets of Central Banks @ The Wall Street Journal In this article the unofficial spokesman of the Federal Reserve explains how unelected central bankers, in secret meetings at the offices of the Bank of International Settlements (BIS) in Basel, Switzerland, control and play with the world's economy, wield more power than any elected … Continue reading TYR 12 December 2012 reads →

Alto Giove

Nicola Porpora (17 August 1686 – 3 March 1768) was an Italian composer of Baroque operas and teacher of singing, whose most famous singing student was the castrato Farinelli. This aria is from his opera Polifemo and belongs to the soundtrack of the movie Farinelli.

TYR 4 December 2012 reads

Still Not Spreading the Wealth Around @ Azizonomics This article compares the evolution of the percentages of GDP that both wages and corporate profits have had in the USA from the 1940s until 2012. Data shows that corporate profits have never been higher, around 11% of GDP, and wages have never been lower, around 43.5% of GDP. … Continue reading TYR 4 December 2012 reads →

TYR 30 November 2012 reads

‘Revolutionary’ eavesdropping technology patent to help governments monitor Internet chats @ Kurzweilai.net ...assuming it ever was, VOIP privacy is now gone. Rice unveils super-efficient solar-energy technology @ Kurzweilai.net Rice University "scientists have unveiled a revolutionary new technology that uses silicon dioxide/gold nanoshells and N115 carbon nanoparticles to convert solar energy directly into steam. The technology has an overall energy efficiency of … Continue reading TYR 30 November 2012 reads →

When…”we’re no longer the smartest things around”

IBM simulates 530 billion neurons, 100 trillion synapses on supercomputer @ Kurzweilai.net ...the race towards a true artificial intelligence organism goes on. Please check also the Blue Brain Project at the École Polytechnique Fédérale de Lausanne. 'Center For Study Of Existential Risk,' Proposed Research Group, Wants To Examine Evil Computers @ Huffington Post ...meanwhile, at Cambridge University a new research center … Continue reading When…”we’re no longer the smartest things around” →

TYR 19 November 2012 reads

Global Shadow Banking System Rises To $67 Trillion, Just Shy Of 100% Of Global GDP @ Zerohedge In case you assumed that 4 years after the onset of the present global financial crisis risks are at least gradually decreasing, please look again. The Financial Stability Board (FSB) in its latest report on the Shadow Banking System … Continue reading TYR 19 November 2012 reads →