skysight-inc/HackerNews huggingface dataset:
Something that goes up for no good reason (spurred by margin), will come back down for a very good reason: it should have never been up there to begin with.

Whether it's a week, a month, or a year, their market is going a lot lower yet. It'll retrace back to where it was, no matter what the central government does today. Trillions of dollars in real wealth will be lost in the debacle, as the event sets off dominoes.
You'll excuse me if I express some skepticism about the "downfall of the US Industrial might". Only China produces more and only a handful of G20 countries' industrial base is growing faster.[1]

1. https://www.quandl.com/collections/economics/industrial-prod...
But they are thinking "how can we prevent this again?" with respect to Greece - for example measures against corruption, unaffordable levels of welfare, and high tax avoidance. Without those measures, if they just hand over money with no strings attached, it will just be kicking the can down the road.
I'm not sure what you're arguing. Are we going to assign values to each fault of Greece as well and then compare them to your WWII calculation?

>Your post actually prove's the other author's point: Your clear opinion of responsibility is shown and thus it would be clear to me, how you as a winner's negotiator in that time after WWII would have "accounted" that debt.

My clear "opinion of responsibility"? You mean, my assertion that Germany was responsible for the destruction mentioned by sgnelson and the killing and torturing of millions that I brought up? Do you reject that assertion?

Modern debt is an inherently ridiculous proposition. It can only ever expand or collapse. The longer the world tries to solve its problems using it, the more comical it becomes.
Is the issue that there was a lack of technical investment in security or a shortcoming in their ability to communicate with their customers?

I'd argue many of the companies mentioned have invested heavily in security. Whether their investment will prevent a compromise from a determined adversary is likely unrelated to their investment.

Unfortunately, I suspect many of the mentioned companies had not equally invested in how to properly communicate a compromise with their customers.
I'm Portuguese but I completely agree with you. Greeks have chosen their path. Farewell Greece.
Aspose.Newsletter July 2015: Advanced Java and .NET Imaging APIs News and Much More
I'm hoping they keep restricting access to the peak for a while. There's so many interesting things happening there from an ecological standpoint, and it's not like we're hurting for volcanoes around here.
The other interpretation (that I stole from ZeroHedge) is that a collapse of the Shanghai index will again correlate with the collapse of the US markets.
> The Greek economy has shrunk by a quarter over the course of the crisis. Not quite a smoking crater

I disagree; that's a smoking crater. I'd bet the U.S. economy hasn't experienced that since 1900, or maybe only in the Great Depression.
That was intentional on the part of the Chinese government. They haven't been subtle about it.

Chinese households are the only sector with a healthy balance sheet. Their corporations are carrying epic amounts of debt in relation to GDP. The premise was to transfer wealth from households to corporations, to improve the corporate balance sheets (via share issuance).
Also, it is problematic to propose that the 1420 MHz signal originated from Earth since this is within the "protected spectrum": a bandwidth reserved for astronomical purposes in which terrestrial transmitters are forbidden to transmit

Really? The fact that something is forbidden does not mean that it won't occur... I'd say classified research involving microwave satellites - maybe a transmitter was mistuned - is more plausible than ETs.

It also reminds me of this:

http://spectrum.ieee.org/tech-talk/aerospace/astrophysics/mi...
Because they have a very compelling future and a really strong product. They evoke discussion on the economics of car ownership and have made transportation accessible/convenient for a lot of people who can't afford cars.

I feel there is a stereotype of Uber that it's mostly used by rich, spoiled, college students and young folk. I used to believe that as well, but since working on my own startup in the restaurant industry, I've seen how a lot of blue collar workers like chefs who really do rely on Uber for day-to-day transportation or supplemental income when their paychecks aren't enough.
And nobody sane would give Greece Yet Another Debt Restructuring without seeing reforms actually implemented first.
Greece has a new government. One that has no connection with either the thieves that caused the problem in the first place nor the incompetent idiots that didn't solve it in the last 5 years.
What makes you think they will be helped by loans if they are made to Greece? Won't those funds just go to a slightly different permutation of politically connected folks? Moreover, you point to the poor in Greece. Why should they be privileged over the slightly poorer in, say, Bulgaria, who will hear a fractional brunt of a Greek bailout?
Who cares? The USA overspends by how much Greece owes every WEEK. Never gonna pay it back, ever.
The real Greek problem is not really government debt itself, but the private Greek economy. Even if all government debt was pardoned, straight up, they'd still be in trouble. The Greek government might have a lot of debt, but most of its obligations are not to servicing said debt, but to keep services running internally, and most of those expenses are paid to Greeks. If Greece had its own currency, inflating away some of those expenses becomes a viable strategy. Also, devaluing a currency means easier exports, more tourism, and more pressure to use products made at home, which means less money leaving the country.

All of those tools are used in countries with their own currency all the time. Monetary policies change to match the health of the economy. But in the Eurozone, monetary policy did not match what Greece needed, neither in their boom, or in their bust. Greece should have never, ever, joined the Euro, given how different their economy is from Germany. Unified monetary policy without a fiscal union doesn't make any sense.

The debate among economists is not whether Greece should have joined the Euro, but now that it's in, and in dire straits, if the very high cost of leaving the Euro is worth the advantages, or it's better to suffer yet a second consecutive bad decade trying to become competitive with Germany.
“Don’t Worry About Money, Just Travel” Is Bad Advice
> But for somebody that actually had to go through austerity measures, I am not happy to see others asking for a handout, with the only justification being "just because, Greek history".

I am sorry. You should never have had to go through austerity either. We know better and we have no excuse for putting countries through austerity. The impact of austerity policies is obvious when you look at the countries in Europe so afflicted.

But that doesn't mean because you suffered, others must continue to suffer. We should do better.
This is the new government. They were not in charge in 2010, they did not cause the crisis.
"Sometimes good stuff comes out of that, but there's a ton of waste, too"

If you have complex machines that are critical to the business and that take 6+ months before they are running at a reasonable capacity then it often makes perfect sense to have extra "dormant" capacity.

Probably not to the point where 90% of your capacity is "dormant" but IMO that is rare. A much bigger issue is all the companies running at over-capacity who are harming their long term success.
There's an argument to be made that the debt forgiveness came after the realization that maybe the WW2 was also a result of the crushing debt imposed on Germany after WW1.
Okay, but why are you doing backflips to avoid placing any blame on reckless creditors? If idiotic European governments elected to bail out the private, sub-prime lenders whose bets in Greece had gone bad (due, in large part, to the credit bubble inflated by the same lenders) why should the Greek people pay for a shitty decision made by French and German politicians?
It has very different implications. In english speaking countries, "terrorism" / "terrorists" have become a placeholder for "really really bad guys who can't be reasoned with who want to steal our freedom and kill our children", thanks to US propaganda.

The word "terrorism" in its more original form is ruling by fear and it can mean many things, such as being given power because the population is afraid of what you might do if you don't get what you want. "Terorrism", by contrast, is a massively politically loaded word for a completely black & white "good vs evil" world.
Actually, no. Their labour market is extremely rigid, which is precisely one of the things that everybody wants them to fix -- and what they don't want to fix.
"Das ehemalige Nachrichtenmagazin aus Hamburg" has it's name for a reason.
GoGo is quite aggressive about variable pricing. An all-day pass is $16 if you buy it ahead of time, but if you buy it on the plane it can cost up to $50. They also do split testing of their prices and discriminate based on the user agent.
Now it's touch screen "entertainment in-flight systems"...

Enjoy that while it lasts. United is moving to a BYOD system where you use your own phone or tablet to watch in-flight entertainment. The new cabins have removed all screens and armrest audio systems (oh yeah, and headphones too)

http://www.united.com/web/en-US/content/travel/inflight/ente...
Well, if someone is born on mars in the next 20 years and then flies back to earth, I guess your wish will be granted.
Guff: reads a stream of points from a file / stdin and plots them
The problem is that you aren't considering second-order effects.

Is it better for Greece to give up the euro and return to the drachma? Quite possibly. Iceland successfully rebooted its economy after the financial crisis (with a lot of pain involved) because it was not tied to the euro. Of course, that required a huge amount of willpower and effort (which Greece has not shown yet).

Is it better for the EU and the rest of the world for Greece to give up the euro and return to the drachma? Probably not. Why? Because it sets a precedent for giving up the euro and/or leaving the EU.

Greece is a relatively small country, and the upheaval resulting from its financial recalibration could be fairly manageable.

If Spain or Italy tries to go down the same road, it is a different story. Take a look:

http://www.bbc.com/news/business-15748696

Italy owes France a LOT of money. France owes the UK a lot of money. The UK owes the US and Germany a lot of money.

Greece, as you can see, is a drop in the bucket. It's the precedent that's important.
Let me guess...

You're not into the economy thing, are you?

Because even the most amateur scholar of economics is able to understand that having Greece within the eurozone has helped Germany's exports by about 80-90 billion (can't get the source now). Right now, even the UK would rather have Greece on its own currency, so that the euro will be strenghened and UK will be in a position to ease its exports.

And btw, you cant't really believe that you have given money to Greek citizens, money that otherwise would be in the pockets of german citizens. There's a thing called "banks".

Since you are German, act like it, and do some research.
the comments on amazon are... priceless.
So are you saying that if someone hasn't experienced a security issue, it doesn't ring hollow? That it's just a matter of time?
As far as I can tell, the discussion is always around the latest petulant demand by Uber's execs for some special concession from the public or the state. I haven't seen much discussion of "the economics of car ownership", probably because most of the people "sharing" their cars are driving 98% Uber miles and 2% their own. It's not a carpool. It's not a car-sharing service. It's a taxi service, like any other, and everyone knows it.
What are the pros and cons of CTM as compared to SICP? The latter is very "tight"(like most math texts) for lack of a better word. I find programming (even academical ones) books a bit tiring to read because they don't proceed like typical math texts: very concise explanation -> lemma -> theorem -> proof -> corollary -> very concise elaboration. I get lost if a textbook is not written in that "tight" format. Is CTM close in spirit to SICP? Thanks.
I'm curious on people's thoughts on Paribus. I guess I'd need to set up a new email address to shop with because I'm not too comfortable giving them the keys to my email.
Remember Germany's history of debt forgiveness and non-forgiveness. Don't know about it? Look at the treaty of Versailles, and John Maynard Keynes's polemic against it. Also look at the Marshall plan, and the debt forgiveness of 1953. And then consider how you want Greece to be treated. And consider how Portugal, Spain, Italy, France, and Germany should be treated when they run to big a deficit.
Also read this post (unless you are extremely annoyed by vulgar language): http://www.interfluidity.com/v2/5965.html
Plenty of politicians in fact do talk about a United States of Europe and it is an ideology that is instilled in future elites to be in political scholarship programs etc.
Going with extraterrestrial hypothesis, the source and non-repetition are what I find interesting. First, it's in an area that contains basically nothing. Maybe they draw energy off of matter present near them or are highly efficient. Another possibility is that it's an outpost used for communication, maybe to hide their homeworld. I have a friend who wrote a whole treatise on how hiding one's location would be essential to interstellar warfare or survival given how nukes, weaponized asteroids, etc can lay waste to whole planets worth of life. Mass Effect's Reapers also used "dark space" for concealment between attacks.

The other thing is non-repetition. If it was purposeful, it should've been repeated to ensure we'd catch it. Maybe it was done as a one-off burst (eg like EMP w/ structure) that would go all over the place. Maybe it was a rebellious individual violating the radio-silence policy. Maybe they do a periodic burst to each area figuring a civilization smart/wise enough will catch it and be watching for the next.

Who knows. These two things stand out to me, though.
Relatively new? Guerilla war and resistance is centuries old.
> hey allowed a "soft landing" in correcting government deficits. Of course it entailed new unpopular taxes and cutting government spending but most people are grateful that the country did not have to experience economic Armageddon - unfortunately it looks like Greece is about to experience this.

There isn't a single EU country where 'correcting government deficits' with taxes and spending cuts helped the economy.

You'd have been better off without austerity. The reason the Greek situation is now so terrible is exactly because of the austerity measures. They caused the 'economic armageddon.' Count your blessings that the austerity in most EU countries was not so bad, though in most of them GDP never has recovered and unemployment is in the low double digits.

Not exactly a miracle story. Compare with the US, which managed a tepid stimulus.
Greece's finance minister used to be Valve's games economist
I'm also not clear on what Germany's payment history has to do with the crisis. The problem isn't simply that Greece is defaulting on loans, but that it's doing so while asking for more loans, without which it will be forced into austerity.
Probably the one where the country that is indebted and in need of development gets 60% of their debt forgiven and an stimulus plan.
That's not an argument. That's a preference to which you'd like to forcefully subject people who disagree with you.
They charge lower prices for mobile devices, so an easy cost-saving hack is to spoof your user agent to look like an iphone or android device.
The only rational argument for 'a country MUST repay its debts!' that I can make is if it is being charged interest on those debts no higher than the CPI increase of that currency.

The whole point of interest in a loan is to cover 2 points: 1) The lost purchasing power of that money i.e.: the cost of inflation over the period of the debt, and 2) The priced-in risk that the loan will not be repaid in a small portion of cases. This is why unsecured debt attracts a higher interest rate than secured debt and is why all debt incurs a higher interest rate than inflation.

I don't understand why popular opinion towards debt seems to invert at some point. I'm sure if you asked these same people whether bankruptcy processes should be outlawed many would say no, but yet at some point between 'person' and 'nation state' their opinion changes without changing any of the inbuilt mechanisms for supporting that process (interest on a loan to price in risk).

It's a fascinating example of once you make something sufficiently faceless, peoples' views towards it changes. See also: politics towards social classes, etc.
De-duplicating Hacker News
Dual stack IPv6 for IPv4 depletion
The term "isomorphic JavaScript" also sounds strange to my ears. I think it’s because in traditional use (in mathematics, linguistics, biology, etc.) you don't say "X is isomorphic", you say that "X and Y are isomorphic".

Grammatically, it’s kind of like the word "similar". I would feel silly saying "JavaScript is a similar language", and I feel equally silly saying "JavaScript is an isomorphic language". Similar/isomorphic to what?
My reason for saying 10-20 years was based on the similarity of Japan in 1990 and China today. That is, they're both exporting country that has an aging demographic which likes to save, has a small consumer base compared to export, and is losing export share as production moves out of country to other cheaper countries. And they both choose to save the banking system instead of letting it self correct.
Really? They're all bad, but we're going to go ahead and argue over who's less bad? Come on...
Marriott are throwing in wifi these days, but you have to pay for premium access if you want to stream some Netflix
Everyone always seems to forget in these discussions how fantastic for German exports having instability in the Eurozone is...
Sorry. The sample size is not actually "minimal", and it's this is a common criticism where the critic, surprise surprise, never says what a non-minimal sample size is. "NCHS also typically requires at least 30 observations": https://en.wikipedia.org/wiki/Standard_error.

Here are some key concepts to keep in mind.

The central limit theorem states: regardless of the shape of the parent population, the sampling distribution of the mean approaches a normal distribution as N increases. This means we can generalize what the size of n means to many many things, generally including all sorts of traits in people, and including flipping a coin. So for an intuition, flip a coin 30 times, and 95% of the time, you will be within 5.5 of the mean (15) and it follows the standard bell curve, 99% I will be within 8.22 of the mean, etc. So, if say "there is a greater than 20% chance a coin flips will end up with heads" and you say, "from a statistics point of view, your sample size is too small", I can say, "not true at all", with consideration to my sample size, I'm 99.9999...% likely to be right. And just glimpsing, I'm confident the study did their math right.

There are other very important things to be critical of, and it is certainly reasonable to be skeptical of the study. Much more likely to cause a false result: getting unbiased, representative sample, publishing bias, causation vs correlation, etc, etc.

And when you think about sample size, the accuracy with respect to the population follows 1/sqrt(n). So n=200 is twice as accurate as n=50.
From the perspective of lending, it doesn't matter if a borrower is church attender, a drug dealer, beats his kids, or goes to work half an hour early every day. It is simply a matter of perceived ability to repay.

Germany, especially after complete restructuring following the war was manifestly a decent credit risk. Greece is another story. The moral arguments in this scenario are just noise.
Were you given a benzo specifically to erase your memory of the events? Because this thread is about the fact that many (maybe most) surgical patients are.

(Let me clear, I'm being deliberately silly about all this. I do not think there is a huge anesthesia conspiracy. I am, at the same time, seriously skeeved out by having my memory deliberately tampered with.)
I agree. It's a strong, not as fun, possibility here. There's all kinds of unauthorized and unusual radio transmission on Earth for about as many reasons. There's also pranks to consider. That ended up being a possibility in the Contact movie and a team proved it could be the case for weird, crop-circle phenomenon.

A smart, devious engineer might love to be the cause of decades of confusion and debate about extraterrestrial life. It's actually one of the top 5 possibilities for me.

Note: Thanks for the link. It was hilarious.
Nope, that's not what I said.
The secret life of magnets
Wikipedia tells me the Greek constitution dates to 1975. Is that wrong?
Never forget that the term "moral hazard" has—until very recently—referred to policies that increase the dangers posed by reckless lenders. The realization behind this expression was that the existence of an onerous collections regeime would tempt creditors into making otherwise indefensible loans.

I won't say the victims of predatory lending have a moral obligation to default, since this could get them killed. But in the absence of good government, this is the only way to drive predatory lenders out of existence.

And yes, good governance includes making life unprofitable for loan sharks.
The Boy with Half a Brain (2014)
Awesome Paribus ad!
What if they're only pretending to be that far away? And it's a probe right in or near the solar system? Could these people really tell the difference?
United are cheapskates; they rank slightly above Spirit Airlines in my book.

And at least I can get good games on my Android tablet. The ones on Virgin America flights are shitty SDL ports of old arcade and puzzle games with glitchy graphics.
I have to admit, I know very little about city-wide water systems, but since they cannot be realistically based on gravity there have to be pumps that add the pressure to the pipes providing drinking water. Doesn't that just mean they're making water companies spend more electricity to pump the water and get back tiny bits at customer's site?

The flushing part seems more interesting, but apart from single homes doesn't that have the same effect as partially blocking the toilets? I know that too much pressure difference in apartment buildings can have very bad results...

So does it really make sense, or is it just "stealing" the power from water company?
I guess it's not clear what you're arguing then. It seemed as though you believe Greece's debt should not be forgiven.

[Note: Germany paid less than half of its WWI reparations, until recently. I'm not sure what WWI debt you are referring to though.]
Although I don't work remotely, I can get most of my work done from my laptop even with very low bandwidth wifi. So even $35 for a 6 hour flight is a good deal for the company considering I'm getting hundreds of dollars worth of work done. I even pay out of my own pocket when I'm not traveling for work, since if I'm not doing anything else I might as well do work.
Hilarious.

That's why the key is not having any expectations.
ES6: The features I'm most excited about
Fact-free batshit political polemic, complete with editorialized title to make it appear compatible with HN. Please join me in flagging.