The other day, I heard about people who made some computer models of the financial system a few years back that more-or-less, somewhat, kind of sort of, predicted the current state of affairs — but not exactly. Throughout history, people have been keen on trying to do the same thing. If you successfully predict with … Continue reading Financial Market Models
Tag: bailout
Retraction
As Ariock and Addlepated pointed out in my previous blog post, that guy’s math was out of whack to the tune of three decimal places. I’M supposed to be the mathy one! Why didn’t I catch that it should have been $425 and not $425,000?! Good catch, guys! (Not to mention Steve pointing out that … Continue reading Retraction
(Not small) Change we can believe in!
I stole this from feedle, who appropriated it from birch_household… Hi, I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every … Continue reading (Not small) Change we can believe in!
Economies of Scale
A billion is a thousand million, or 1,000,000,000 or 1 x 109. Amount of money requested for bank bailouts: $700,000,000,000 Number of visible stars in the night sky: 9,110 * Approx. number of stars in the Milky Way: 300,000,000,000 * Current world population: 6,700,000,000 * Number of people who have ever lived: 110,000,000,000 * Go … Continue reading Economies of Scale