Summary: The debate about climate change has become extreme, as the news media declares quite typical weather (of any kind) to be "extreme" -- carefully avoiding showing the historical data that would reveal the lie. This requires them to conceal the findings of the IPCC and the climate science literature, whose forecasts are usually less … Continue reading Has global warming increased the frequency & virulence of extreme weather events?
Summary: In this July 7 interview on Bloomberg TV, Nouriel Roubini tells us how our folly has brought us to the brink of another economic downturn. Perhaps worse than the crash in Winter 2008, since we're in many ways weaker than we were then. We've wasted the time bought us by the fiscal and monetary … Continue reading Roubini tells us some harsh truths about the present and future of the world economy
Summary: The Greek people have locked themselves into a no-win dilemma since the first bailout in May 2010. They want to stay in the Eurozone, but hate the pressures applied by EZ leaders as the necessary price for the aid that keeps them in the Eurozone. Eventually the resulting damage will force them to leave, but … Continue reading A note from Athens: Feeling on the ground has palpably changed
The past ten years were a lost decade for America (as described in Some Americans worry about we’ll have a lost decade. Bad news – we just had it.). Most American households either lost ground (economically) or stagnated. Worse, valuable time was lost -- years essential to prepare for the challenges ahead. And, perhaps disastrously, we had … Continue reading What follows our lost decade? Looking ahead to the next decade…
Can optimism become a weakness? Can too much confidence become hubris, leading to imprudence? America seems determined to push our optimism to the limit, to provide future generations with answers to these questions. Seen in terms of John Boyd's Observation - Orientation - Decision - Action loop, excessive optimism creates a "locked orientation." The result is … Continue reading All we have to fear is our optimism