2012-08-31, 08:53 | Link #23222 |
Komrades of Kitamura Kou
Join Date: Jul 2004
Age: 39
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Tsunami Warning as 7.9 quake east off of Samar island in the Philippines.
Hit just about 30min ago. Felt a bit of the shakes here in my room. A friend in Bicol province said his TV shook and my brother currently vacationing in the southern island of Mindanao felt it too.
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2012-08-31, 09:40 | Link #23223 | |
Senior Member
Author
Join Date: Oct 2007
Location: Philippines
Age: 47
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2012-08-31, 13:44 | Link #23224 |
Senior Member
Join Date: Sep 2010
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DISCARD whatever you think you knew about or who caused the the Great '08 Financial Crisis !
This revolutionary finding from a respected institute will leave you... breathless There can only be one to blame... http://www.cnbc.com/id/48814165 |
2012-08-31, 13:54 | Link #23225 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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2012-08-31, 14:38 | Link #23226 | |
Banned
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2012-08-31, 14:59 | Link #23227 | ||
Obey the Darkly Cute ...
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Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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I think the comments on the article are useful reading and another minus 50 points for the news reporter not linking to the article. In fact, I found 7 or 8 articles that were just rehacks of this article - none pointed to the study. The author is Heleen Mees, assistant professor of economics at Tilburg University. Here is an actual link to the study's summary: http://www.erim.eur.nl/ERIM/events/E...?event_id=2729 Quote:
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2012-08-31, 15:30 | Link #23228 |
I disagree with you all.
Join Date: Dec 2005
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I don't know why it should even matter. The Chinese can save however much they want. It's their right. Banks should still look at the environment and avoid taking chances with their clients' money. It's their job. Unless he can prove the Chinese banks used those savings to hire mafia goons to force the American bankers to make foolish loans, it changes nothing.
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2012-08-31, 15:42 | Link #23229 | |
Not Enough Sleep
Join Date: Nov 2003
Location: R'lyeh
Age: 48
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2012-08-31, 17:06 | Link #23230 | |||
Senior Member
Join Date: Jan 2009
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That does not explain why the global financial system get's taken down by one local market crash. Busts happen all over the globe quite regularly. Deregulation connected all the banks, excessive risk taking by plain old greed by the same financial institutions caused the contagion and the global crisis. Mees should have left it at Chinese savings triggered the US housing boom, not Chinese savings caused the financial crisis. Quote:
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2012-08-31, 17:33 | Link #23231 |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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The Chinese have been manipulating things, just not in the way that article said. The Chinese government has been buying large amounts of American Debt in order to control it's own currency, I think they were influenced by the Asian Financial Crisis. Basically, the Chinese government buys massive amounts of American bonds, which keeps American interest rates low, which mean the US government spends more(and taxes less), which means the populace can buy more cheap Chinese goods, which means the Chinese government gets more money to pour into American bonds which means...
Basically, it's a bit like the Asian Financial Crisis, but in reverse. China bought American bonds in order to prevent a bubble from forming in it's own economy due to the influx of new money(and also to keep their currency undervalued). Inadvertently, they may have helped inflate the American property bubble. Of course, there's signs of China having a property bubble all on it's own... |
2012-08-31, 20:13 | Link #23233 |
AS Oji-kun
Join Date: Nov 2006
Age: 74
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Tokyo Court Hands Win to Samsung Over Apple
Rather a different outcome than the $1 billion finding against Samsung in the States. Of course, having a jury decide on patent disputes in a courtroom a few miles away from Apple's headquarters in Cupertino couldn't possibly have anything to do with that ruling. I suspect Samsung may have better success on appeal. Apparently the judge in this case would not allow the admission of variety of evidence submitted by Samsung's attorneys including scenes from Kubrick's 2001 as prior art. Can you really imagine a jury of ordinary people evaluating a set of complex, detailed patent disputes with thousands of pages of filings in just three days? They even upheld the rounded-corners claim. As the article at the top says, the US approach to software patents is largely out-of-step with the rest of the world. I found it interesting that Samsung is just the fifth largest seller of smart phones in Japan, behind Sharp, Fujitsu, and Sony, and the iPhone, of course. It wouldn't have anything to do with Samsung being Korean, would it? Nah, didn't think so. Meanwhile Apple's decision to ban an app from the AppStore that maps the location of American drone strikes in Pakistan is raising some eyebrows.
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Last edited by SeijiSensei; 2012-08-31 at 20:33. |
2012-09-01, 01:54 | Link #23234 |
絶対領域に嵌り過ぎた。
Join Date: Mar 2011
Location: Trendy Backwater
Age: 38
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Either way, the majority would have rather seen Samsung win over apple. The reason Apple won in US ruling, was expected from the getgo. I have to say it was pretty stupid lawsuit, suing over a geometric shape.
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2012-09-01, 03:29 | Link #23235 | ||
Le fou, c'est moi
Join Date: Dec 2007
Location: Las Vegas, NV, USA
Age: 34
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Samsung wouldn't have had time to play the "smartphone pioneer" and win market share that way. Though of course as usual the local powerhouses still couldn't break out of their national market. I'm even a little nostalgic of the time when we all wondered why Japan couldn't export their magic infrared clam phones to the rest of the world. Quote:
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2012-09-01, 07:59 | Link #23236 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Abuse allegations mount against flagship Afghan police force
http://www.reuters.com/article/2012/...87T02920120830
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2012-09-01, 12:55 | Link #23237 |
Obey the Darkly Cute ...
Author
Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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The annual Burning Man art festival in the US is underway... a light news minute:
http://www.reuters.com/news/pictures...USRTR378WX#a=1 For those who don't know, a lot of silliness but occasional gems of brilliance.
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2012-09-01, 18:28 | Link #23238 | |
Not Enough Sleep
Join Date: Nov 2003
Location: R'lyeh
Age: 48
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I remember looking at photos of the babies affect by this drug in bio class the only reason it didn't affect the US was because the FDA rejected the drug for insufficient testing. Of curse following the free market ideal of the Republicans, the FDA was wrong in rejecting this drug and should have let the free market deal with it.
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2012-09-01, 18:37 | Link #23239 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Iran to hold major air defense drill: commander
http://www.reuters.com/article/2012/...88004420120901
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2012-09-02, 17:45 | Link #23240 |
Senior Member
Join Date: Jan 2008
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Fugitive co-founder of Pirate Bay detained in Cambodia:
"The co-founder of a controversial file-sharing website, Pirate Bay's Gottfrid Svartholm Warg, has been detained in Cambodia after skipping out on a one-year prison sentence in Sweden, according to reports from Phnom Penh." See: http://www.nbcnews.com/technology/te...ambodia-975956 |
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