Apple Slowdown @htsfhickey
Sad Video Shows Venezuela Hunger Crisis @steve_hanke
Corporate Debt Bomb @DiMartinoBooth
Deutsche Bank Capital Ratios @lisaabramowicz1
Yemen @caitoz
Clinton Foundation Donations Plummet 90% @zerohedge
Gasoline Prices So Low Trump Claims He Causes Traffic Jams
Record Cold Coming Says Trump
Oil Prices
Happy Thanksgiving
Mike “Mish” Shedlock
That picture from Yemen is horrific. Reminds me of Ethiopia 1984. Venezuela is just as bad. Human created disasters.
So, Apple, what will the new phones do that my old one won’t. Once internet became available on cell phones, they had nothing new to offer except faster speeds. Welcome to the new reality. Personally, I want my old flip phone back… it’s more durable and it slips easily into my pocket.
In due time, phones will be able to drive bigger monitors. Wirelessly. While themselves serving as track pads, or even mice. Allowing you to bring your entire home computing environment with you everywhere you go.
Phones are still evolving. FaceID is certainly a nice step forward. It’s just questionable if each little generational upgrade is worth over a grand. People had no problem swallowing 500. Or even 700. But 1000+ and rising fast, is just starting to look ridiculous.
And you’re fundamentally right that improvements both have, and will continue to, slow. The Law of Diminishing Returns are about the most fundamental law there is of economics. Making it even harder to accept ever higher prices for each upgrade.
I’ve had two flip-phones for years (using one, the other brand new- still unused.) Got ’em on Craigslist, new in boxes for $40 total.
Best phone ever (LG Chocolate 3, last one before touch screen).$53 a month Verizon 3G. Love flip phones, especially this one.
As a flip phone user, I asked my I-phone friends how long their $600-$1000 I-phones last (assuming they dont break when dropped or die in the tub). They said they last 2-3 years. I-Phones dont last. Public will still need more I-Phones to replace quickly worn-out ones. Not that flip phones are any better. Mine have worn out every 2 years since I got my first in 1995.
Perhaps we should start getting serious about Africa population growth. How will we feed them all in our lifetime?
Unless we first get serious about our own debt problems and government unfunded liability ponzi schemes, there won’t be much we could do to help Africa.
And when we look at Africa, we see a tremendously resource-rich continent that is crippled by corrupt politicians and bad ideas. And when we look at ourselves, we see we are heading in the same direction. Maybe proper education would be part of the answer both there and here … but how do we reverse the successful Gramscian March through the educational system?
“we” will not.
“In Africa women have 4.5 children on average, while in Asia the figure is 2.1 children, in Latin America 2.0, in North America 1.9 and in Europe 1.6. On average across the world women had 2.5 children in 2017. The high fertility rate is driving rapid population growth in Africa.” 2.1 is called the replacement rate for a set of parents. Most of the world has it about right, except for Africa. Do you see a problem here that we can solve? Birth control come to mind?
There is nothing “right” about demographic suicide. Look at US birth rates back when it was an expanding, and civilized, country. Over-the-hill, decaying corpses, are hardly suitable role models for anyone.
Hey Africa: stop breeding.
If you’re too poor to feed yourself, then it’s probably un-wise to breed & compound that food/nutrition problem.