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mircea_popescu: <jurov> on that note, can't be some mpif put into idiff MMing? << too risky
mircea_popescu: jurov i think he's done plenty of math. it goes like this : "im too old to get it up anymore. will be dead soon anyway. who the fuck cares."
mircea_popescu: the us (and eu) are being crushed atm because they're paying the 37, whereas russia, saudi arabia etc are pocketing the 10
mircea_popescu: the idea that stuff costing 50 will be able to compete with stuff costing 3 once the govt is out of the picture is nutty
mircea_popescu: whereas pork costs 3 to produce, and every kilo sold is a 10 gain to the government.
mircea_popescu: except, the beef costs 48 to produce, and every kilo sold is a 37 loss to the government
mircea_popescu: so currently, the situation is that in the marketplace, a kilo of beef costs 11 and a kilo of pork costs 13
mircea_popescu: govt won't be able to keep picking up any of the tab in the future,
mircea_popescu: the only reason "renewables" seem economical atm is because govt picks up 80% of the tab.
mircea_popescu: <assbot> Warren Buffett's $30 Billion Wager on Clean Energy Is One of His Safest Bets Yet | Motherboard << it's very safe.
mircea_popescu: does it keep a journal for the hdd or dispensed with that too ?
mircea_popescu: which increases the vulnerability of their "security" tremendously
mircea_popescu: "Now you can have visibility into all the encrypted SSL traffic on your network—at extremely high performance—so you can inspect it, identify potentially nefarious activities, and feed the intelligence to an ecosystem of security application vendors—all through Blue Coat."
mircea_popescu: <pankkake> and it's not mp being wrong, it's mp admits being wrong << no its not. i always admit it when i'm wrong, it's just im not wrong that often
mircea_popescu: whoever made the mp being wrong bitbet : i was all for it but the mods shot it down.
mircea_popescu: all the goodstuff i read on the paper were romanian cb white papers in the 80s and 90s
mircea_popescu: m3 is only relevant if you wish to pierce through that veil
mircea_popescu: the fed is engaged in a doomed fight to maintain the financial relevancy of a dead industrial base.
mircea_popescu: it's always the case you can narrow and pin things down in a macro discussion, tho it's almost always the case people are reluctant to do so
mircea_popescu: <mgio> legal options, of course << that didn't mwean anything.
mircea_popescu: well what recourse other than patience do you have anyway.
mircea_popescu: mgio what's your interest anyway, if it's not secret ?
mircea_popescu: same goes to you that i said to mgio : unless you're in assbot l2's trust you can't up yourself.
mircea_popescu: "there's bitbet, we don;'t talk about. the betting sites we talk about is <del>etc"
mircea_popescu: the pretense remains unchanged. "there's mpex, we don't talk about. the exchange we talk about is <Del>glbse<del>btct<del>bitcoin whatever<del>etc"
mircea_popescu: you will need ti get in assbot's l2 to voice yourself.
mircea_popescu: roughly in the situation of a small african country trying to push this alt-geography where china doesn't exist
mircea_popescu: why tyhe fuck do they continue to push all the derpage and try and pretend is entirely beyond me
mircea_popescu: dub: but blame africa << everyone knows africans aren't pirates, they couldn't even discover madagascar.
mircea_popescu: davout: ;;later tell mircea_popescu liked the hayek commentary a lot! << thanks!
mircea_popescu: decimation: why would they be able to accomplish anything "evil" well? << a solid argument, except, why does a cat manage to break things so well when no cat has yet produced any thing ?