Wednesday, 25 October 2023

China

"China economics raise concerns on the World economy" might be a recurring theme. But there is goes - again. Overall, it might be that Chinese political system has already closed in the maximum efficiencies it has to offer - even economically and financially. And thus, all we are talking about are just symptoms and not causes. But, feel free to read the article on CNN.com

Saturday, 16 September 2023

Independence

The Central European Bank, once more showing the importance of independent central banks. Inflation is a monster that eats economies and families for breakfast and as such is important to control is as fast as possible, even when it hurts. And it hurts a lot! But one needs only to look at Argentina to realize how fundamental is this action.

An independent central bank can do these unpopular measures in a way no elected-Government can.

Wednesday, 30 August 2023

1896

Svante Arrhenius, a Swedish scientist that won the Chemistry Nobel Prize in 1903, projected through simple calculations in 1896 that the massive emission of carbon dioxide through industrial processes would ultimately warm the Earth's atmosphere. His work is still a foundational stone of climatology.

Monday, 14 August 2023

700 year-old markings

 I can't stop being amazed at 700-year old stone markings made by masons in a medieval castle. They were engraved during the castle construction, probably by masons that couldn't read or write, but they stood the test of time, as a bridge between a labor-hand and a marketeer that deals with AI, 700 years apart.

Sunday, 23 July 2023

Coal

The extreme simplicity of coal, its cost and availability as an energy source are framing (as f.ck.ing) the fight against climate change. We will not succeeding in stoping climate change if we can't sort out this triple disadvantage of renewables vs coal. It will be really hard to do it.

Sunday, 25 June 2023

The last sati

I thought the last documented sati (imolation of the wife in the huband's funeral pyre) in India had occurred in... 1987... But, sadly, there are reports of sati being performed still in the XIX.

The profound disrespect for women is both a shame and a hinderance in a society that strives to be competitive in a world where every single individual contribution enriches the world.

Wednesday, 7 June 2023

Deterministic chances

Reality's timeline depends on the perspective. If we look from past to present, reality is probabilistic, subject to chances. But if we look the other way around, from present to past, the perspective will turn out to be deterministic. A fascinating subject, I think.