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Topic: Economic Devastation - page 82. (Read 504776 times)

legendary
Activity: 1834
Merit: 1019
April 30, 2015, 04:17:31 PM
I won't make any comment about Lil Boosie because no one is perfect, but he is product of and reflects on the Deep South culture.

I did not understand that until I heard the music Smiley
sr. member
Activity: 420
Merit: 262
April 30, 2015, 04:08:30 PM
I won't make any comment about Lil Boosie because no one is perfect, but he is a product of and reflects on the Deep South culture.

My father—the powerful oil and environmental law attorney—has Lil Boosie on his Facebook.
legendary
Activity: 1834
Merit: 1019
April 30, 2015, 03:46:13 PM
lol! I was just going through my old tweets today too from two or so years ago and I remember one that said "lil boosie sucks". I stand corrected, Little Boosie is AWESOME!!

We are always loving our (re)birth place.
sr. member
Activity: 420
Merit: 262
April 30, 2015, 03:09:41 PM

Thank you very much for the sentiment and offer. Actually I am still (somewhat near to the precipice) financially (con)strained, but I observe I am on the verge of success so I estimate that there must be those who are in more need than I am. But if you don't find another within the next couple of weeks and I haven't achieved the trajectory that I am expecting by that time, then I might reconsider.

Btw, I used the 2.75 BTC from Rpietila to pay for the hosting and domains for my new site! That was my seed capital, Lol. (see how disruptive the Knowledge Age is to idle stored monetary capital!)

Hey I hope you are loving my birthplace New Orleans for me. I can only join you vicariously at the moment.

Here follows a slightly edited and redacted copy of a private message I just sent in email.

Quote from: myself
Wow! I just made a major accomplishment with my new site. I was able to think of an available name which is not dating specific, but more general to social networking (which is what I obviously want).

I am becoming more confident my new site is headed to multi-million users success!

I am getting excited. I expect before the end of May we are already on our way towards wealth again, similar to the launch of CoolPage in September 1998. By that Christmas 1998, we had purchased all the new appliances.

This new one is going to be much bigger than CoolPage!

Most all of the essential features programming is done. The site is already rolling. I was struggling so much 18 hours a day past few weeks getting it done, while also going through the fatigue of curing the Multiple Sclerosis with the daily high doses of vitamin D3.

The main hurdle remaining was the name. Almost all the good domain names are already registered (taken).

Just now I thought of a portmanteau derivative of "jump" (not jump but very similar) which works perfectly, because the unique feature of my site is that it relays the online communication directly to the person who is offline via SMS messages. Thus everyone is always effectively online even if they are offline.

This makes my site better than Facebook and Viber because those sites only connect to those who are online. Globe in the Philippines is recently offering free Fb and Viber connection.

But note that offer is only applicable for Globe users and only for those who have a Smartphone. In the Philippines we can purchase a basic Samsung feature phone model GT-E1200Y for 699 pesos ($16); whereas, the least cost Smartphone is 2999 pesos ($68) for an Alcatel Onetouch Pixi 3.

The $68 price is simply out of the reach of millions of filipinos who only earn that much per month and their income is always insufficient for their daily needs. Plus we have the global economic downturn contagion coming from 2016 to 2020 in Asia.

So this provides the initial advantage to gain marketshare over Facebook and Viber. Viber has 18 million users in the Philippines alone. Viber offers free messaging but only to other Viber uses. Ditto Facebook. They can't interconnect to the larger market which is only on SMS.

Over the long-term what can sustain my advantage (if Viber or Facebook implement SMS relaying which is not likely, or smartphones become low cost while incomes in Asia rise which will take more years), is the generalized conceptualization that I can provide better integration insight given how immersed I am in the market and the fact that if the decision maker is also the programmer and marketer, then convergence is more precise and rapid.

Yeah I am several years late because of the battle with Multiple Sclerosis which intensified after 2010. I mean I already had million users social networking app CoolPage in 1998. I was in front of Friendster (2002), MySpace (2003), Facebook (2004), and Viber (2010), but now needing to innovate to catch back up. One programmer versus 100s. Let's see what happens. David fights Goliath in Las Vegas on Saturday, May 2. Clearly only Viber has been able to make waves since the Big 3 launched a decade ago. The reason is because Viber liberated more communication for a wide swath of users. And my plan is a much wider swath!
sr. member
Activity: 420
Merit: 262
April 30, 2015, 02:29:27 PM
I know you are but what am I?

You have a choice for your attitude which profoundly affects the direction and outcome of your life. Choose one:

https://www.youtube.com/watch?v=ATpwX89tmpw

https://www.youtube.com/watch?v=vOVS9zotSqM

Here in the Philippines "batasan" (attitude) is observed to be one of the most important traits of a person. In fact, for many here you can't overcome an undesirable batasan no matter how phenomenal your other traits.


The following is instructive as to why we need anonymity in this coming era:

https://www.youtube.com/watch?v=CPznMbNcfO8#t=293
legendary
Activity: 1834
Merit: 1019
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
April 30, 2015, 03:57:07 AM
Little man-child who thinks that his intelligence reigns supreme. You are an asshat. You truly are. For a supposed smart person you are pretty damn dumb. I think it is time that you apply this rant at me to yourself because your intellectual capacity to form an articulate argument is child-like.

With that, I will translate this into language that even a simpleton like you can understand:
I know you are but what am I?


You tipped your stupid hat. Get back to me when you want to enter reality. Never mind; you are delusional.

Soon I may have the mental energy to more comprehensively explain my take on the Universe Multiverse and how it applies to my discussion with CoinCube. Friction is the most salient generative essence point, because without it the  Universe Multiverse could not possibly exist. But of course I want a more holistic understanding of friction as it relates to matter (energy) and entropy.

You amplified the neon Dunning-Kruger sign on your forehead — flashing between kiddie punk pink and iridescent infantile snot green.

Multiverse (multiple simultaneous realities) theory is entirely encapsulated in my theory of the Universe. Did I not say that friction was elemental? (Let's see you explain why Multiverse requires it!)

Those suffering from the Dunning-Kruger effect are not aware of the following.

Quote
The Dunning–Kruger effect is a cognitive bias wherein unskilled individuals suffer from illusory superiority, mistakenly assessing their ability to be much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude. Conversely, highly skilled individuals tend to underestimate their relative competence, erroneously assuming that tasks which are easy for them are also easy for others.

As David Dunning and Justin Kruger of Cornell University conclude: "The miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others."

I definitely miscalibrate the ability of others to comprehend, because otherwise I wouldn't waste my time writing here.
legendary
Activity: 2912
Merit: 1852
April 30, 2015, 01:20:36 AM
...

TPTB wrote a lovely piece of humor:

[...Filipina Я Us...]

Actually that was just a guess vs. an assumption.  Good luck in your venture!  Targeting a high-end audience/market might work.  Hmm, are you going to sell all that data to the brokers like everyone else (Google, Facebook, Twitter, etc) is doing?

Thanks also for clearing the up Dunning-Kruger effect, I had thought it was a take on the Douchinger Effect (Denninger)...

*   *   *

I have done (a little) thinking on your Knowledge Age idea set.  After the "reset" or whenever that kicks in, your ideas look overly grim...  Only top computer programmers will live well?  If we are not near-invisible NWO-citizens, are our geese cooked?

Maybe you are thinking that there will be such a Priestly Class, with "Jim Willie like squires" to serve the "New-Techno-Wealthy-Elite".

Seems unlikely.  Just my opinion, and yet I do share your ideas that the SMART will likely rise (given time), but the transition will be rough.  But, you have clearly given this more thought, and I may not be framing your ideas right.
sr. member
Activity: 420
Merit: 262
April 29, 2015, 06:51:51 PM
You tipped your stupid hat. Get back to me when you want to enter reality. Never mind; you are delusional.

Soon I may have the mental energy to more comprehensively explain my take on the Universe Multiverse and how it applies to my discussion with CoinCube. Friction is the most salient generative essence point, because without it the  Universe Multiverse could not possibly exist. But of course I want a more holistic understanding of friction as it relates to matter (energy) and entropy.

You amplified the neon Dunning-Kruger sign on your forehead — flashing between kiddie punk pink and iridescent infantile snot green.

Multiverse (multiple simultaneous realities) theory is entirely encapsulated in my theory of the Universe. Did I not say that friction wasis elemental? (Let's see you explain why Multiverse requires it!)

Those suffering from the Dunning-Kruger effect are not aware of the following.

Quote
The Dunning–Kruger effect is a cognitive bias wherein unskilled individuals suffer from illusory superiority, mistakenly assessing their ability to be much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude. Conversely, highly skilled individuals tend to underestimate their relative competence, erroneously assuming that tasks which are easy for them are also easy for others.

As David Dunning and Justin Kruger of Cornell University conclude: "The miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others."

I definitely miscalibrate the ability of others to comprehend, because otherwise I wouldn't waste my time writing here.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
April 29, 2015, 05:27:57 PM
sr. member
Activity: 420
Merit: 262
April 29, 2015, 03:55:37 PM
sr. member
Activity: 420
Merit: 262
April 29, 2015, 03:44:00 PM
Soon I may have the mental energy to more comprehensively explain my take on the Universe and how it applies to my discussion with CoinCube. Friction is the most salient generative essence point, because without it the Universe could not possibly exist. But of course I want a more holistic understanding of friction as it relates to matter (energy) and entropy.

OROBTC, you said you were curious about what I am working on now. And you alluded to your assumption that it is Filipina Я Us (although is starts that way because gaining critical mass in social networking is a hurdle). Not exactly. There are so many copycat sites in that genre.

Viber is free communication (and has been very successful in the Philippines), Facebook is everyone joined (broadcasting Wall posts to friends & family). The goal of my site is opportunity. Asia is the future; and Asians are youthful and goal oriented. Those foreigners seeking out Asia are seeking new opportunity. My site naturally is a very motivated demographic, not the narcissistic, creatures-of-habit (compulsive disorder) addiction demographic of Facebook, Twitter, Tinder, and Swipe (which cater to the apathetic, entitled, feminism-deluded[1] youth in the West[2]). My site is Asia focused, users can earn $ (revenue share with the users), and my site saves time and is efficiency focused, e.g. photos, communication, and phone (even pre-smartphone) well integrated and interoperable. I am trying to carve out the demographic cream of the world. From there, I can target the mass-market component of the Knowledge Age in spades (not the engineering demographic which sites such as Mashable and Stackexchange are targeting).

Viber is an example of a perfectly short, unique, memorable site name, because it's good vibrations (feelings) to communicate more and for free. Also the connotation to our mobile phone vibrating on incoming call or message.

[1]http://techcrunch.com/2014/12/02/bumble-is-exactly-like-tinder-except-girls-are-in-charge/
[2]http://mic.com/articles/111800/tinder-s-pricing-controversy-reveals-what-s-really-wrong-with-the-dating-app
http://host.madison.com/daily-cardinal/opinion/tinder-and-the-controversy-it-creates/article_26928f42-8268-11e3-acb6-0019bb2963f4.html
newbie
Activity: 31
Merit: 0
April 29, 2015, 03:27:42 PM
2)  I am also interested in finding and examining SCENARIOS of Economic Devastation, and the probabilities of each and possible resolutions (at individual and perhaps (dare I suggest it) at some sort of Collective level.

The ones getting spotlight are:

The bio-survival side of this discussion thinks that there is no ultimate meaning, so you are not special and there are no suggestions to be made. They think you should just be prepared to run or fight any moment and maybe be strong enough to be a cage leader until the dices are rolled and your number is called by the slaughterer. Kids, Olds and Encumbereds are just weights.

The hedonistic tribal side, a.k.a Armstrong and his pals, thinks that they have to perpetuate the system and that still there is a lot to milk from it. Their solutions are in the best possible interpretation is indifferent to the masses. They think you will soon become dangerous because you will realize whats next so they are building camps, walls, bunkers.

The ugly brothers are:

The appeal side thinks there is always some solution to be uncovered, another instance, and large amounts of them are signalling across the world for clues. They also think that none deserves to be killed or mistreated by a Economic Crises beyond their own faults. They thinks our institutions and trust units may be flawed by some fundamental error so they are testing across the globe for what can be done. Examples can be researched by looking for LERS Credits, Time Cashes, Mutual Trust Unit, Complementary Currencies, Community Banks, Commercial Circuits. The main goal is reforming and development. The price pressure of the EURO in some places of its zone buffed local institutions which tried that solutions first. They are beginning to rise political power.

The people above this mindsets will probably not get much involved until the reform is done.

1)I would like to see other suggestions on what we can do as individuals to keep ourselves & families OK in the devastating storms to come. And other than that of acquiring advanced programming skills WAY beyond me and most others.
A friendly neighborhood capable of defending itself next to off-grid farmland should do in case anything really happens. Beside it, do not get paranoid by propaganda. It is their key to your world.
hero member
Activity: 826
Merit: 1000
April 28, 2015, 02:07:31 PM
And that one I know why. You do not know social value in your own life and fail to acknowledge social capital. You should be doing some serious charity to take the chance of learning it.

You obviously haven't read my posts in my former usernames. I doing $100s of charity every month in the Philippines...

Am I the only one who can see it for what it is? The man is asked about social value and he says he pays it! HE PAYS!

You are quite a judgmental, presumptive snot (and you are going to lead us to more sane reputational based outcomes  Huh).

I am personally involved in the circumstances and helping to organize better outcomes. I am involved in the social capital.

That society is trading fungible monetary units and not some non-fungible reputation hogwash you are advocating is another deep topic and my subsequent post to CoinCube applies in spades.

You are an annoyingly noisy drag on my time.

You need to factor most people are judgmental.

Even asking genuine advice on this forum people attack you for no reason. Or your views, so I think its best to keep every insight you have to others who appreciate your time.

Just ignore that user.
legendary
Activity: 2912
Merit: 1852
April 28, 2015, 01:42:07 PM
...

CoinCube does have one indisputable number on ya, TPTB, you DO need to spend more time with the lady in your life.

In fact, his suggestion applies even moar to me as well, our daughter will be married here in Peru in a few short days.  In a way, I am lucky because my wife & daughter have already a large part of my time well-controlled for the next few days, smile,,,  

And, no, we do NOT need any more "entropy" (chaos) here now, things are complex enough even when things are going right in this build-up to her marriage, I would guess Peru and The Philippines share that certain characteristic.

So, my comment count will decline some until I am back in the USA.

*   *   *

I3552 merits a "Zero Hedge Style" green up arrow for quoting and linking Pink Floyd...   Smiley

Music for dinosaurs like me!
sr. member
Activity: 420
Merit: 262
April 28, 2015, 01:13:06 PM
CoinCube,

The implicit economic incentives in the free market drive the outcome ALWAYS.

You are correct that free market "failure" (divergent outcomes) result from too high or too low of entropy w.r.t. to the rate at which the system can iterate (anneal). Your myopia is on the fact that no one can put their hand on the entropy production and regulate it (Adam Smith's Invisible Hand is doing it). We get the entropy production that naturally fits the implicit constraints in the system. A top-down constraint only sustains because it is the most economic.

We humans can work on technology that alters those implicit constraints. That is about all we can do to effect change. Education is a total waste of time, because people will naturally anneal to the implicit constraints (humans are very adaptable).

In the Industrial Age, the most economic meant aggregation of capital (factories and labor) because production required large economies-of-scale. Thus the Theory of the Firm (top-down management) applied. As well, capture of the State by the capitalists applied, because these were all the most economic outcomes. The people were fed the delusion of democracy because this was the most economic (for them and for the capitalists). But I tell you even the capitalists know they are trapped by the one-world NWO and they don't like it. Their ROI is diminishing and they know it.

My point all along has been the Knowledge Age alters the implicit economic constraints, because it removes those requirements (benefits) for economy-of-scale beyond the groupsize of the individual. The larger entities will be less agile and thus a liability in the Knowledge Age.

The monetary system we got was the one that fit the implicit economic constraints.

What will get in the Knowledge Age is what is most economic in the new paradigm of implicit economic constraints.

It would be much more productive use of your time to analyze what the implicit constraints are and model the free market outcome, than waste your time being repulsed by your ingrained preferences (which frankly I think are just FUD any way). And yes your beloved Statism was a free market outcome of the Industrial Age (and prior). And that is why socialism thrives at this end game, because people correctly blame the free market, but without realizing that it all is changing in the Knowledge Age if they would only adapt (but their ears and eyes are covered).

The Knowledge Age threatens to alter the implicit economic constraints radically.
sr. member
Activity: 420
Merit: 262
April 28, 2015, 01:01:19 PM
And that one I know why. You do not know social value in your own life and fail to acknowledge social capital. You should be doing some serious charity to take the chance of learning it.

You obviously haven't read my posts in my former usernames. I doing $100s of charity every month in the Philippines...

Am I the only one who can see it for what it is? The man is asked about social value and he says he pays it! HE PAYS!

You are quite a judgmental, presumptive snot (and you are going to lead us to more sane reputational based outcomes  Huh).

I am personally involved in the circumstances and helping to organize better outcomes. I am involved in the social capital.

That society is trading fungible monetary units and not some non-fungible reputation hogwash you are advocating is another deep topic and my subsequent post to CoinCube applies in spades.

You are an annoyingly noisy drag on my time.
legendary
Activity: 1456
Merit: 1002
April 28, 2015, 12:16:00 PM
Heres what I learned in the course of living on this shitty ass rock that I`m stuck on.

You dont like your situation, reshuffle your damn cards to play a better hand. Why play a shitty hand, is the same choices you make in this 1 life to live philosophy.

The financial situation sucks, so become a better player in another market that isnt saturated. Or become one of another choice taking market share of that business.

None of this is all easy, so prepare yourself to work.

newbie
Activity: 31
Merit: 0
April 28, 2015, 12:11:39 PM
And that one I know why. You do not know social value in your own life and fail to acknowledge social capital. You should be doing some serious charity to take the chance of learning it.

You obviously haven't read my posts in my former usernames. I doing $100s of charity every month in the Philippines...

Am I the only one who can see it for what it is? The man is asked about social value and he says he pays it! HE PAYS!

https://www.youtube.com/watch?v=y7EpSirtf_E
Quote
Hello?
Is there anybody in there?
Just nod if you can hear me.
Is there anyone home?
Come on, Come on, Come on, now,
I hear you're feeling down.
Well, I can ease your pain
Get you on your feet again.
Relax.
I'll need some information first.
Just the basic facts.
Can you show me where it hurts?


There is no pain you are receding
A distant ship's smoke on the horizon.
You are only coming through in waves.
Your lips move but I can't hear what you're saying.
When I was a child I had a FEVER My hands felt just like two balloons.
Now I've got that feeling once again
I can't explain, you would not understand
This is not how I am.

I have become comfortably numb.
(solo)
I have become comfortably numb.


O.K.
Just a little pin prick.
There'll be no more aaaaaaaaah!
But you may feel a little sick.
Can you stand up?
I do believe it's working, good.
That'll keep you going through the show
Come on it's time to go.

There is no pain you are receding
A distant ship's smoke on the horizon.
You are only coming through in waves.
Your lips move but I can't hear what you're saying.
When I was a child
I caught a fleeting glimpse
Out of the corner of my eye.
I turned to look but it was gone
I cannot put my finger on it now
The child is grown,
The dream is gone.
but I have become comfortably numb.
sr. member
Activity: 420
Merit: 262
April 28, 2015, 11:36:22 AM
CoinCube,

Indeed there is no convergence if entropy creation outstrips the rate at which the system can anneal. This is true whether there is a top-down controller or not. I don't need to deny that in order to be correct in my argument against collectivized top-down monopolies.

And that is why the free market forms a plurality of (sometimes decentralized, autononomous) top-down hierarchies as it anneals.

Are there cases of free market failure? Of course there are! The existence of the massive collectives we have now are an example of free market failure. The masses were free to choose and they chose democracy (and I assert they did because the Industrial Age gave them no better options).

The economic incentives (constraints) in the free market determine whether the free market will anneal or not. In the case of the Industrial Age, it was like a relapsing Multiple Sclerosis, in that the incentives lead to massive concentration of productive (monetary) capital and massive collectives as the only way humans could cope (it as a lose-lose structure for all involved including the capitalists!). So the system periodically relapses into collapse and resets again into the same malaise because the economic incentives haven't changed.

But the Knowledge Age changes the economic incentives, and so it doesn't matter what you or I prefer philosophically. The free market will determine the outcome and I am confident that the economic incentives are now such that the collectives will be destroyed. Those who can't adapt will huddle into the one-world reserve NWO and perish with it. Those who can adapt will prosper in a glorious (not "repulsive") decentralized, anonymous Knowledge Age.

There is nothing factual you can write that is contrary.

The mutation analogy you wrote about is reinforcing my point! There is no one in control of evolution. Species with the wrong parameters perish. Let them go gracefully. Accept that nature is in control the parameters, not us.

We can avail of opportunities to change those parameters, e.g. the technology is recently available for us to do the work necessary to enable the Knowledge Age. But none of us planned that. It was just the natural progression of entropy (technology).

Marxists are so self-important.

What matters is what the free market will do now. It's ALWAYS in control.

P.S. I hope you realize I just wrote that Marxism was created by the free market, because of the technological limitations of the Industrial Age (and prior).
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