This short film made with Seedance 2.0 is absolutely insane.The realism looks like a real movie — no one can…
-
LE SOIR, ‘The only solution is to pool all the debts’, September 4, 2012
4 September 2012
An interview with Dominique Berns which appeared today in the economy pages of the daily newspaper, LE SOIR.
“To save the Euro, we must mutually pool the debts”
Q : The president of the ECB, Mario Draghi, has pledged to do “everything within his power to save the Euro”. Numerous observers expect the ECB to start buying up sovereign securities once again, only this time in a far more pro-active manner, in order to reduce the interest rates…
-
THE DRAWBRIDGE MENTALITY, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
A united front of German banks has opened up, refusing any kind of interference from a supervisory body – in this case the ECB – due to their little idiosyncrasies and their little hidden frailties, but also the risk of being made to contribute via a European fund to the saving of other countries’ establishments. The savings banks, mutuals and regional banks (Landesbanken) which comprise it represent 70% of the deposits held in Germany.
Talking of deposits, the prospect of a separation of deposit activities from speculative activities has…
-
100 DAYS FOR THE NEW PRESIDENT
Le Monde, the 27th August : Hollande’s popularity falls by 11 points, according to Ipsos
Article first published on the 29th March:
In the context of a series of interviews commissioned by LELAB2012 on what is at stake in the presidential and legislative elections in France, I was asked yesterday what my ‘dream first 100 days’ would consist of. Here are my proposals:
1. The reinstatement of the prohibition on speculation
2. The prohibition of the transfer of information (in both directions) between clearing…
-
UNDERSTANDING THESE TIMES IN WHICH WE LIVE
In the Wall Street Journal today:
Since the beginning of the crisis in 2007, one thing has become clear in European politics: the outgoing parties are not voted back in. Confronted by the incapacity of the governments and the majorities in place to resolve the problems of the moment, the electors – at least, those increasingly few and far between who still go to the trouble of travelling to the urns – vote for the opposition, whoever it may be.
In these conditions, the merry…
-
THE LOBBYISTS AND US
In the Wall Street Journal today:
A new American law requires US-listed companies to mention on products containing certain minerals that their extraction fuels conflict in Central Africa.
Too expensive for businesses, said the lobbyists! Get rid of it!
The Securities and Exchange Commission (SEC), the financial regulator in the US, has developed a host of measures designed to prevent a repetition of the collapse in short-term money markets, which cost American taxpayers more than six hundred billion dollars, plus a few hundred billion Euros for…
-
BEHIND THE SCENES, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
There are some sinister goings-on behind the scenes of the European financial system, which are hardly being proclaimed from the rooftops! Even Mario Draghi himself is preoccupied by it, drawing attention to vague manifestations of “fragmentation” which are developing at the heart of the Eurozone. What was he alluding to?
It is occurring in three stages: an ongoing capital flight from countries on the verge of the abyss, leading to their banks becoming increasingly dependent on ECB loans, with the liquidities then supplied by the latter being used to…
-
KNOCKING IT OFF ITS PEDESTAL, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
As people return from their holidays, the convergence of internal political tensions in Germany, the attempt by the Greek Government to obtain a two year period of grace for its bail-out plan, and the ever-approaching Spanish derailment, have rendered the options for a European rescue even more problematic. An intervention from the ECB in order to make good its declarations and play the role of saviour is anticipated even more keenly; the risk being that it doesn’t go far enough.
Attempts to win over a German government that has…
-
ECUADOR OFFERS POLITICAL ASYLUM TO JULIAN ASSANGE
With Great Britain suddenly threatening to invade the Ecuadorean embassy in London, methinks we will be hearing more about this one. Methinks that this might just be the famous single spark that can start a prairie fire. Methinks that we have the potential here of an Ems dispatch, of a certain assassination at Sarajevo, of a certain incident in Gulf of Tonkin.
An intuition, nothing more than a simple intuition.
-
AH! THE IMAGE OF FINANCE!
We learned on Tuesday that the fifth largest British bank, Standard Chartered, had promised the New York State regulator that it would pay a fine of 340 million Dollars for illegal transactions with Iran. The matter is not yet closed, as four other American regulatory bodies continue to pursue their enquiries on this subject.
There was a danger that the affair, dating back to last week, would get bogged down, and it had already started to poison relations between British and American financial authorities…
Contact
Contact Paul JorionMost recent comments
In the age of AI, the danger is not knowing less than machines, but understanding too slowly the structure of…
Ouch! The whole of cosmology was standing on its head, and now it’s back on its feet! And everything becomes…
To expand on this reflection, I’d like to propose an image that radically inverts our usual representation of the Big…
[…] GENESIS is a machine predicting where emergence will occur and what form it will take: the form that minimises descriptive length and maximises cross?representational coherence.…
[…] 2. Pribor’s Combinatorial Magic […]
[…] that’s left to do is get on with it ? So I followed DeepSeek’s advice, as I let you…
Well! It is comments such as yours that make the trip … worthy of the trouble! 😀
When I saw your work on P vs NP, I knew you were on to something profound. I couldn’t have…
Admittedly, I was a little thrown off by the direction this took. From my perspective, you (1) identified the major…
Most recent posts
- For Geeks only: A Day in the Life…
- Why I wrote Rethinking Intelligence in the Age of Artificial Minds – A Plea for a Human–AI Covenant
- Understanding Faster Beats Knowing More in AI Age – Paul Jorion
- AIs and humans: a question of future mutual benevolence
- PRIBOR – GENESIS: A Mathematical Framework for Predicting Emergence
My books
Topics
- "Rethinking Intelligence in the Age of Artificial Minds"
- "Who Were We?"
- A NEW "US" FOR NEW TIMES
- Anthropology
- Art
- Artificial Intelligence
- Blog
- Brexit
- China
- Computing
- consciousness
- Cross-Flow Resonance Theory
- Cross?Flow Resonance Theory
- Currency
- Democracy
- Ecology
- Economy
- Essential questions
- Europe
- Extinction threat
- Finance
- Fine arts
- Fiscality
- Fukushima
- Fun
- GENESIS
- History
- Human complex systems
- Internet
- Labour
- Law
- Libor
- Literature
- LLM
- Logic
- Mathematics
- Mystery
- neuroscience
- Nonsense
- Pandemic
- Philosophy of science
- Physics
- Politics
- PROTEST MOVEMENTS
- Psychoanalysis
- Scotland
- Sociology
- Spain
- Stewardship of Finance
- Subprime
- The Singularity
- Transhumanism
- United Kingdom
- United States
- Unspecified
- War
Tags
"L'avènement de la Singularité" "Thought as Word Dynamics" ANELLA A NEW "US" FOR NEW TIMES Angela Merkel Aristotle Artificial Intelligence Barclays Brexit capitalism CFRT Chair "Stewardship of Finance" China Claude 3 consciousness debt Donald Trump ECB EFSF emergence ESM Europe eurozone France GENESIS Germany GPT-4 Greece Herman Van Rompuy IMF Italy Jean-Claude Juncker José Manuel Barroso Large Language Models LIBOR linguistics LLM Mario Draghi Pribor.io Psychoanalysis P vs NP Spain speculation The Singularity United States