log☇︎
178400+ entries in 0.053s
mircea_popescu: the inescapable disease of the stupid, this.
mircea_popescu: i have no idea what strained whey must be found in their brainboxes to imagine someone actually gives half a rat's arse what the usg CALLS the moving of moneys from one pocket to another.
mircea_popescu: cuz i said it won't be.
mircea_popescu: but if it helps you any, the secret production of the river of meat is no more readable (or worth reading) than its visible outpour.
mircea_popescu: no.
mircea_popescu: maybe i'm not holding it the right side up or something. ☟︎
mircea_popescu: i have this pile of very secret derpage here including the very expert "profile" of some random derp explaining how an elderly, principled gentleman is perhaps going to react crazily to the crass injustice of this entire scheme. ☟︎☟︎
mircea_popescu: it does ?
mircea_popescu: gotta find dat satoshi!
mircea_popescu: asciilifeform anyway, the entire exercise shows you that the previously discussed reserve powers bother the derps.
mircea_popescu: you don't say.
mircea_popescu: maybe there's something juicy in there like you know, plagiarism (for sure there is), and like mathematica stealing of stuff from people (almost willing to bet) ☟︎
mircea_popescu: BingoBoingo if you feel like hunting down the fabled papers this insult to culture has defecated upon the language of his father's masters, i'd like to hear a summary. ☟︎
mircea_popescu: they sure got themselves a nice cozy stupid club going there don't they.\
mircea_popescu: chicago, by pure coincidence.
mircea_popescu: been at ucla since 1988 (that's 27 years for the mit-educated log readers), and what he has to say for it is "oh, i heard of bitcoin recently".
mircea_popescu: that's his bio.
mircea_popescu: asciilifeform check it out, sandnigger did "some articles" in "some papers".
mircea_popescu: apparently gotta burn this hot iron of "if you lift your head up it WILL get cut off" into ever more ustardian lardass.
mircea_popescu: and now i wanna know which one.
mircea_popescu: this guy did nothing his entire fucking life, outside of being a coolie for who the fuck knows what highly placed usg libtard.
mircea_popescu: "some" ?
mircea_popescu: Professor Chowdhry is the co-founder (with Professor Ivo Welch) and Executive Editor of a new publication Finance & Accounting Memos (FAMe) that makes academic research more accessible for MBA and PhD students, journal"
mircea_popescu: Professor Chowdhry has recently proposed Financial Access at Birth (FAB) initiative in which every child born in the world is given an initial deposit of $100 in an online bank account to guarantee that everyone in the world will have access to financial services in a few decades.You can read about the initiative by clicking here.. ☟︎
mircea_popescu: e Institution.
mircea_popescu: Microfinance has been his recent teaching, research and applied interest. He has supervised several MBA student projects in Microfinance in the last several years and has taught an undergraduate seminar class and an MBA elective on the subject. He has developed a new model for "Franchising Microfinance" on which he has written a research paper and is studying the feasibility of implementing the model with a Microfinanc
mircea_popescu: Risk Management and Valuation in Los Angeles, Singapore, Hong Kong, Mumbai, and Hyderabad.
mircea_popescu: His research interests, on which he has published several papers in finance and economics journals, are in International Finance and Corporate Finance and Strategy. He has been on the editorial board of a number of finance journals. He teaches International Finance, Corporate Finance and Financial Institutions at Anderson. He has also organized and taught Executive Education programs on Financial Derivatives, Corporate
mircea_popescu: Professor Chowdhry has also taught at the University of Chicago, University of Illinois at Chicago, the Hong Kong University of Science and Technology, and the Indian School of Business. He received his Ph.D. in 1989 from the Graduate School of Business at the University of Chicago. He also has an M.B.A. in Finance from the University of Iowa and a B.Tech. in Mechanical Engineering from Indian Institute of Technology.
mircea_popescu: Bhagwan Chowdhry is a Professor of Finance at UCLA Anderson where he has held an appointment since 1988.
mircea_popescu: "Biography
mircea_popescu: no, i gotta quote this damned thing, it's incredible.
mircea_popescu: if you're nto going to be beating the monkeys into working, you'll be stuck tricking them, because the cock ain't gonna suck itself.
mircea_popescu: hence all the "do what you love" "work while you're sleeping" "you won't believe it's actually work not butter" etc.
mircea_popescu: yes, well, again : this is how this goes. the entire point of "economy" is the redefinition of work.
mircea_popescu: seems to me they work at producing poorly strung together sentences by the boatload.
mircea_popescu: this is how this goes.
mircea_popescu: (ie, working the street)
mircea_popescu: well, lohn was for the derpy chicks that weren't willing to be ACTUALLY working, also.
mircea_popescu: granted, they obey stupid people saying stupid things, but ...
mircea_popescu: they're the most obedient people alive.
mircea_popescu: are you kidding me ?
mircea_popescu: one more tweak and you'd be ceo of your own company on reddit.
mircea_popescu: there's really no good way to describe it outside of "here are stupid people in a historical valley". i it's a mix of factoring, leasing and outsourcing supply provisioning + financing in one package.
mircea_popescu: how china was built, also.
mircea_popescu: this is basically the fundamental deal of "we have unskilled, obedient derps here and nothing else. what now ?"
mircea_popescu: no, the franchisee bears most of the risk.
mircea_popescu: ie, "Here is this samovar, here are the bundles, make me the product"
mircea_popescu: anyway, the gist of it is that "manufacturer" gets tooling on credit, materials sourced by and fixed sale contracts to the same party.
mircea_popescu: http://steconomice.uoradea.ro/anale/volume/2008/v1-international-business-and-european-integration/010.pdf
mircea_popescu: something very similar is widely used in eulora, too.
mircea_popescu: it's a delivery/production agreement in light industry, mostly textiles
mircea_popescu: the truth of this point can be appreciated by the incredible expansion of lohn in the 90s in eeu. ☟︎
mircea_popescu: i suspect germany (all opf the machines had to be german!!1) made marginally more money selling the gear than the women in question saved, had exports been allowed.
mircea_popescu: the practice however, was that about one in ten women were worth the cutting cloth.
mircea_popescu: phf yes, that was the theory.
mircea_popescu: ex "mechanical engineer", reminds me a lot of the rather famous zarone, g g dej's driver, then minister.
mircea_popescu: yeah, exactly.
mircea_popescu: "oh , but india just happens to have a culture that promotes abject replication."
mircea_popescu: very different. they were georgians not fucking eskimo.
mircea_popescu: it's not JUST bharara. there's an entire generation of this scum barnacling the place.
mircea_popescu: http://www.anderson.ucla.edu/faculty/finance/faculty/chowdhry << in case you're wondering what the vermin usg has created looks like. ☟︎
mircea_popescu: obviously i have no relation to either the woman or her line of work, and she could just as well do it on her own, but i'm aspiring to be as cool as Chowcoolie Whatsiname one day.
mircea_popescu: that should the nobel committee decide to give stoya the peace prize i am prepared to accept it on her behalf
mircea_popescu: in other news, i would like to announce
mircea_popescu: ehehe
mircea_popescu: the haircuts, also ?
mircea_popescu: mmm
mircea_popescu: it is a craft tho, the expectation you spend the 1500 dm and wife can now make clothes is out of place. ☟︎
mircea_popescu: aha.
mircea_popescu: maybe 10% of them did anything useful with it.
mircea_popescu: in this line, there was a time in central/eastern yurp when married woman HAD to have sewing machine. ☟︎
mircea_popescu: they make about as much bread as they make guns.
mircea_popescu: i suppose the enduring popularity these chunks of nonsense enjoyed should make no one surprised at the 3d printer mania.
mircea_popescu: or you mean the actual "hey epson now makes bread" assembly line in your kitchen thing
mircea_popescu: is this a dough hook on a motor ?
mircea_popescu: well you'd have to be, it's the main requisite for being a sourdough miner!
mircea_popescu: so now they're... doing things.
mircea_popescu: danielpbarron it's not even that, it's more along the lines of "social media derps don't matter", which irks them.
mircea_popescu: heh. the march of science eh.
mircea_popescu: phf meanwhile, breadmaking is basic female skill required in mp households.
mircea_popescu: incidentally, is ripening gas still ethylene or did they find some way to use radiocesium or some shit for the purpose ?
mircea_popescu: "what is this ?" "vegetables and rice" "no it isn't. where you got these ?" "oh, they come in very convenient bags, frozen" "are you fucking crazy ?!" ☟︎
mircea_popescu: prolly.
mircea_popescu: you name it. even the fucking bananas have an actual flavour, as opposed to the styrofoam at walmart.
mircea_popescu: avocado.
mircea_popescu: go have say an actual mango
mircea_popescu: nothing in the us produce section can compete with the real thing.
mircea_popescu: aha.
mircea_popescu: i know, that's where i get mine
mircea_popescu: so then let it be, once it's used more we'll understand better what;s needed with it in practice.
mircea_popescu: it's antidesign to bolt it on.
mircea_popescu: not like someone can't do this privately.
mircea_popescu: i couldn't give less of a shit what they do. if tomorrow california falls in the ocean i won't notice, nor care.
mircea_popescu: stop trying to import usg into bitcoin through the negative.
mircea_popescu: this is not our concern.
mircea_popescu: because time isn't a thing.
mircea_popescu: patches reference antecedents. there is no notion of time.
mircea_popescu: multiple times.
mircea_popescu: is this a recurring topic that never gets proper reference to past discussion ?