Pastel interactive graphic from the NYT showing the wall street meltdown. So far 29 firms have lost about a trillion dollars. (thats 12 zeros) from NYT.
Author:astraea
It’s looking like a bad week for the world of money, or is it?
Stock markets have dropped severely over the past day after the announced bankruptcy filing of Lehman Brothers. Lehman was not bailed out because it is an investment bank and only has under $ 300 billion in assets. But its demise despite its long history and prime reputation has been a wake up call for those …
Continue reading It’s looking like a bad week for the world of money, or is it?
Healthy living = longer living
Another scientific report showing that a balanced lifestyle with healthy eating habits (balanced diet and not too much) and exercise leads to a longer life is summarised here in Clean Living Slows Cell Ageing.
Your money or your life.
While traditional economists might deride the performance of the Japanese economy as it reports sluggishness, at the same time Japan reports a record high in the number of centenarians. Its another example of the trade-off between money and life. And as has been proven more money doesn’t make you happier. If you haven’t done so …
Continue reading Your money or your life.
Get the right perspective.
So, the media leads with the headline that China’s economy slowed during the olympics because businesses were closed to help clear the atmosphere. But its important to get the detail. The rate of growth remains high. Far beyond what western economies are experiencing. industrial output growth of 12.8% in August retail sales up at an …
Continue reading Get the right perspective.
Home, green home
It seems that the wave of sustainable initiatives is growing. As we accelerate our eco-village development, it appears to dove tail with a growing demand for green homes. In the latest Technology Quarterly by The Economist the subject is covered in Home, green home and Another green revolution. This article highlights the trend to new …
Continue reading Home, green home
The Big Bang is coming.
In two days CERN will switch on the Large Hadron Collider. This is a huge particle accelerator (27km) that has been built to simulate conditions at the time of the Big Bang. The principle objective is to explore the existence of the Higgs particle. The Higgs particle is complimentary to the Higgs field which has …
Continue reading The Big Bang is coming.
Is bailing out Fannie and Freddie a good thing?
Markets seem to like the idea of the two massive US mortgage lenders, Fannie Mae and Freddie Mac, being bailed out by the US government. Markets will benefit, in the short term. $ 200 billion dollars to support borrowers is attractive. But the medium and long term consequences are unlikely to be benign. This will …
Continue reading Is bailing out Fannie and Freddie a good thing?
A good reason to avoid men that won’t commit – they’re genetically flawed
Research just published shows that men with a certain version of a gene find it difficult to commit to relationships and to manage relationships. While this behaviour is fine in general, it is not positive for relationships, whether personal or professional. It is useful to know that the symptom of that dysfunctional gene is superficially …
Continue reading A good reason to avoid men that won’t commit – they’re genetically flawed
The Kama Sutra of Vatsyayana
Now this book is fun. It is an old translation by Richard Burton and F. F. Arbuthnot … with no pictures, in case you’re wondering. This is from an ancient sanskrit text of 3rd century CE, and translated in 1883. It offers an enlightening discussion of relationships and behaviour between men and women. While it …
Continue reading The Kama Sutra of Vatsyayana