hl5's comments

hl5 | 9 years ago | on: Leak Suggests NSA Was Deep in Middle East Banking System

The US emits some strange message of equality, privacy, rights, freedom, justice, a shining beacon of hope...mixed in with secret police forces that operate with impunity. I think that is an incompatibility that will eventually need to be worked out.

hl5 | 9 years ago | on: Why the Dow is a useless market index

I guess all the Dow futures and options traders should just pack up and go home? Dow trading is as useful as any index with volume in analyzing herd behavior. It's a far better prospect than analyzing any of it's individual components in isolation.

hl5 | 9 years ago | on: The Glimmer VM: Boots Fast and Stays Fast

It used to be called mail merge. Now that there are so many abstractions layers, it's apparently best performance wise if you add a VM running inside a VM running inside a VM.

hl5 | 9 years ago | on: Why Were Economists as a Group as Useless Over 2010-2014 as Over 1929-1935?

Federal nutritional programs weren't available until 1932. Social Security Act passed in 1935. It's these programs that eliminated the starvation headlines in the US.

I agree it's not comparable -- many billions more people are negatively affected by the Great Recession simply because world population has grown so much since 1929.

hl5 | 9 years ago | on: Why Were Economists as a Group as Useless Over 2010-2014 as Over 1929-1935?

A minor blip where millions lost their jobs, houses, and businesses...

The hard part about economic analysis is you can never know all the variables in a dynamic system. It's a common error to summarize based on variables convenient to the theme you choose to present only to later realize your analysis should have included some fairly obvious factors.

page 2