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Friday, August 29, 2008

Citibank urges Pakistan to seek IMF help to avoid default

Citibank urges Pakistan to seek IMF help to avoid default

Why would Citi say this? Were they paid advisors? Seems odd
This seems like another example of a stretched bank looking to insure its loans.
There is trouble ahead I would think.

Saturday, August 23, 2008

Banking Collapse in the US

I have had this in my draft post box for a while, but the news is every increasingly grim for the financial system, worldwide and especially in the US.
I have just been watching newsnight, and they were saying that the bailout of fannie may and freddie mac has DOUBLED the US national debt.
The debt is already the largest in the world and when you add in petrodollar recycling this is a scary situation.
I do think we could see a couple more big banks collapse, with a similar impact on the US dollar. It is a matter of time. (the money is already in China, and the middle east)

Friday, August 01, 2008

Two dimensions of time?

What's Next In Science & Technology - With two dimensions of time, many of the mysteries of today’s laws of physics may disappear

I think this is a very interesting article.
Something I was pondering on (well similar in vain, but in a less sophisticated way).

Are there two or more dimensions?
Something with time doesn't seem right, we have three main (perceived) physical dimensions, yet this strange and different dimension called time.

It is an unwritten assumption in all equations.... what if time doesn't exist at all, maybe this is just a human artificial construct.

Could we re-write equations without time as a dimension at all.