[…] 2. Pribor’s Combinatorial Magic […]
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“THE GREEKS HAVE MADE THE RIGHT CHOICE!”
“The Greeks have made the right choice!”
Oh blast, the markets see it differently: the 10 year Spanish rate was at 6.82% at opening this morning and now it’s at 7.25% (3:30 PM). Unheard of, one has to say. Damned markets!
Voting for the Troïka method – it was pretty obvious – was voting
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ON THE EVE OF THE GREEK ELECTIONS, by Panagiotis Grigoriou
Guest post. Translated from the French by Tim Gupwell
On Thursday 14th June a woman from Crete, aged 32 years old, stole three packs of milk and an ice-cream from a supermarket in Héraklion, causing a loss to the shop of 20.77 Euros. For several days, her
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A BIG BANG, OR NOTHING , by François Leclerc
Guest post. Translated from the French by Tim Gupwell
With the G20 meeting being held in Mexico at the start of the week, our perspective will find itself altered, falsely accustomed as we are to only seeing the debt crisis from a European angle. On the 18th and 19th June, the greats of
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STEPS TOO STEEP TO CLIMB, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
François Hollande is on the offensive and Angela Merkel firmly on the defensive, with both setting their sights on a compromise in the summit at the end of June (a compromise which remains inconceivable for the moment). How is it viewed by Paris, with
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AND NOW?
14 juin 2012 par Paul Jorion
And now? What are we going to do? Now that Spain has lost access to capital markets for its debt?
True, the downgrading yesterday evening of Spain’s rating by three notches by Moody’s, from an A3 to Baa3 has not helped
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NOW THE CHAINS ARE GIVING WAY, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
The chorus of voices is becoming increasingly strident and events are moving very fast: the now inevitable Spanish request to benefit from a rescue package; plus the impending recognition of the failure of the second Greek plan, followed by the negotiation of a third
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THE CHAINS ARE GOING TO GIVE WAY, by François Leclerc
Guest post. Translated from the French by Tim Gupwell
Financiers loathe risk, though they don’t mind so much if it is others bearing it. When they refer to it they juxtapose terms of risk aversion or, its opposite, appetite for risk, but this is only another of their manners of speaking (of which
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SPAIN IN STORMY WATERS
12 juin 2012 par Paul Jorion
The 10 year rate for Spanish debt has just reached a historic high. On the 25th November of last year, the rate had beaten a record when it reached 6.72%. Yesterday early in the morning, when
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HOW CREDIT DEFAULT SWAPS WILL HAVE DESTROYED THE EURO
How credit default swaps will have destroyed the Euro
12 juin 2012 par Paul Jorion
And what of the CDS (credit-default swap) speculators who don’t pay taxes? Why don’t we hear anything about them? We hear a lot about the Greeks not paying their taxes, and at
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THE GOLDEN TOUCH, by François Leclerc
Guest post. Translated from the French by Tim Gupwell and Bernard Bouvet
In spite of the promise of a hundred billion Euros which has been brought to the table, the markets are still not convinced, and it didn’t take them long to react. By late afternoon, Spanish borrowing rates were edging up again,
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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…
It’s wonderful seeing you at work with AI to formalize the synthesis of the insights you had so many years…
I solved it! Paradox! The epistemic barrier was always in Paradox. Maintain truth as ambiguous (Both true OR false) until…
This article goes along with what I was writing. It turns out it was published one day earlier than my…
LLMs deal essentially with language but seems amenable to graphics as well. To such an extent that one may wonder…
“the marvellous powers of the brain emerge not from any single, uniformly structured connectionist network but from highly evolved arrangements…
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