Hello tippet, I have been using all my learning to help me survive :0)
Thermodynamics Message 15016728 <<December 13th, 2000 … some one must pay the tab for progress, and any loss of money is but another cost to be expensed or capitalized and then amortized. Frictional heat loss>>
Agri-science Message 15378361 <<February 20th, 2001 … keeps himself alive by engaging in the simplest of activities … picking coconuts for both food and water>>
Systems Engineering Message 15591228 <<March 30th, 2001 … On "why not" fight the FED, I meant the FED will have little to do with the direction of the economy for a while ... We live within the confines of a set of rapidly evolving, complicated and interlinked patchwork of systems and sub-systems, all designed for dedicated purposes, and sometimes at contradictory purposes (i.e. encouragement of savings vs encouragement of spending), all put in place at different times, and set with sometimes incompatible tolerances. The patchwork of systems is now weak. The system's forward health is dependent on fewer and fewer exogenous inputs and is more subject to external shocks that have built up over this extraordinary period. The equity and debt markets have demonstrated that times have changed, imbalances are causing malfunctions. All is not well.>>
Electrical Engineering Message 16091966 <<July 18th, 2001
… On the matter of <<money is ... electricity>>. I can picture this scheme of modeling, because I understand electrical systems:
a. The system was originally designed for 3V 0.25 mAmp power supply, running a pair of speakers
b. The boss Congress hooked two atomic reactors to the system, code named Fannie and Freddie
c. Uncle Greenspin removed the surge protectors, code named Monetary Prudence
d. J6P consumers replaced the circuit breakers with a bit of borrowed coins called Debt, and
e. DotCom investors replaced the speakers with an atomic bomb, code named Bubble.>>
Toxicology Message 16104063 <<July 20th, 2001 … The problem is that the economy and its pool of funding has been poisoned, not by one common poison (i.e. inventory overage), but by an exotic mix of toxic ingredients. Antidote is not yet visible, and may in fact not be available, to wit Japan, and time may be the only cure.>>
Hydrology Message 16152511 <<July 31st, 2001 … Money is like water (CB thought it was like electricity), it flows, pools, rises, boils, evaporates, bursts, floods, and freezes. Humans try to dam it, guide it, use it, for good and evil>>
Physics Message 16731202 <<December 1st, 2001 … From the physical sciences angle, the bigger the bubble, the larger the pop.>>
Water Sport Message 16764147 <<December 8th, 2001 … The interconnected systems and sub-systems are obviously not strong now, and so we sit on edge with ME, allowing events, like tidal waves, to push us here and there. I believe it is now best to not fight the waves, and instead, grab the pre-positioned scuba gear and dive down below the waves, hide, wait, while keeping an eye on the rest of the pre-positioned scuba tanks on the sandy bottom.>>
Chugs, Jay |