Monday, July 15, 2019

Minimums and Grand Minimums

I arise in the morning torn between a desire to improve the world and a desire to enjoy the world. This makes it hard to plan the day. -E.B. White, writer (11 Jul 1899-1985)

Halep was terrific. So was the men's final. 
Pizza at Mineo's.

Raising/lowering prices, wages, or interest rates can only benefit one half of the market (buyers or sellers, workers or employers, borrowers or savers, but not both) and those benefits come at the direct expense of the other half of the market (buyers/sellers, workers/employers, borrowers/savers). In other words, it’s is zero-sum outcome that redistributes gains and losses, but without any net gains.

There are a lot of reasons for the rise of populism in the West, but one, almost trite, reason is often overlooked. Our schools and our media not only fail to educate the citizenry; they actively mis-educate the electorate. Instead of showing the unbelievable progress that humanity has made since the start of the Enlightenment some three centuries ago, history classes, to the extent that history is still taught, are used to whip up resentment and a sense of victimhood among different socio-economic, racial, ethnic, religious and gender groups. The media breathlessly repeat stories of (real and imagined) oppression and (supposed) economic retrenchment, even though people in the West currently enjoy a period of unprecedented peace and prosperity.--Tupy

Volkswagen has agreed to invest around $2.6 billion in Ford’s autonomous-vehicle partner, Argo AI, in a deal that values the startup at $7 billion.

Palantir is one of the most significant and secretive companies in big data analysis. The company acts as an information management service for Immigrations and Customs Enforcement, corporations like JP Morgan and Airbus, and dozens of other local, state, and federal agencies. It’s been described by scholars as a “secondary surveillance network,” since it extensively catalogs and maps interpersonal relationships between individuals, even those who aren't suspected of a crime.
Through a public record request, Motherboard has obtained a user manual that gives unprecedented insight into Palantir Gotham (Palantir’s other services, Palantir Foundry, is an enterprise data platform), which is used by law enforcement agencies like the Northern California Regional Intelligence Center. 
What they can do with a scrap of information is astonishing.


World Health Organization (WHO) officials released new staggering numbers this week on the death toll from central Africa's latest deadly Ebola virus outbreak. Confirmed deaths in the Democratic Republic of Congo have risen to 1,536 since the outbreak began there a little under a year ago. And by July 7, a total of 2,418 what are deemed confirmed and probable cases have been reported, Bloomberg said, citing the WHO's latest report on the outbreak.


William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics. Britain cut the maximum stake allowed to 2 pounds ($2.52) in April after complaints that the machines, which had previously let gamblers bet up to 100 pounds every 20 seconds, were highly addictive and allowed players to rack up big losses. William Hill, which last year warned that about 900 shops could be shut, said on Thursday it had suffered a significant fall in revenues since the change and would close 700 of them.

                   Minimums and Grand Minimums

Earth has experienced 23 consecutive days without sunspots for a 2019 total of 97 spotless days at 60%. In 2018, 221 days were spotless at 61%. 

Our sun has become quiet, and many experts believe that this is a sign that a solar minimum is now upon us.  Of course we have seen solar minimums   in the past, and if this is just a normal solar minimum then conditions should begin to return to normal after a couple of years.  Unfortunately, evidence continues to mount that we have entered what is known as a “grand solar minimum”.  In fact, Professor Valentina Zharkova says that what we are facing is a “super grand solar minimum”, and if that is true we are going to be facing climate chaos like we have never seen before.  During previous “grand solar minimums” the globe was gripped by devastating famines and vast numbers of people died.   


Perhaps the best known “grand solar minimum” in modern history was the Maunder Minimum which stretched from 1645 to 1715 and saw seven decades of freezing weather. It began in 1645 and correlated with sunspots which were exceedingly rare. During this period, temperatures dropped globally by 1.3 degrees Celsius leading to shorter seasons and ultimately food shortages.
According to economist Martin Armstrong  "[t]he Maunder Minimum created such a deep cold in Europe and extreme weather events elsewhere that what unfolds is a series of droughts, floods, and harvest failures. Historically, this leads to massive migrations, wars and revolutions. The fatal synergy between human and natural disasters eradicated perhaps one-third of the human population during the last event and this time we are crashing more rapidly than before. Therefore, we may exceed more than a reduction in population of one-third and reach the levels of the 14th century of 50%, which was also combined with the Black Plague."
Maybe we will be saved by global warming.

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