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Rising bond yields threaten sharemarket's safest stocks
Topic Started: 19 Nov 2016, 09:07 PM (7,440 Views)
Trollie
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Jimbo
24 Nov 2016, 05:59 PM
You mean fantasy like driverless cars or portable devices no bigger than a packet of smokes which allow you to talk to and see someone on the other side planet? Fantasy a few decades ago, real world stuff today.

You keep your head stuck in the sand Matey. Meanwhile, over at MIT.

https://mitpress.mit.edu/books/technological-singularity



Or like flying cars and a cure for cancer.

diverless cars and iphones aren't a technological advance, they are just a refinement of old technology - they already existed, free energy does not.
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Matthew
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Jimbo
25 Nov 2016, 06:01 AM
Don't know where you've been matey,
Real world

Quote:
 
but falling margins are all the rage nowadays.
Bullshit Dimshit. Absolute bullshit. The annual reports of most listed companies in all sectors of the economy disagree with you for a start. Most private companies the same.

Falling margins are the salvo of poorly run businesses buying market share. Nothing more. Nothing less
My only hope for my three boys is that they turn out nothing at all like Chris.
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Jimbo
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Trollie
25 Nov 2016, 10:13 AM
Or like flying cars and a cure for cancer.

diverless cars and iphones aren't a technological advance, they are just a refinement of old technology - they already existed, free energy does not.
WTF? On that basis, the car was not new technology either, just a refinement of the wheel.

Free energy exists. We are surrounded by the stuff. We just need to figure out how to harness it.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Trollie
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Jimbo
25 Nov 2016, 04:01 PM
WTF? On that basis, the car was not new technology either, just a refinement of the wheel.

Free energy exists. We are surrounded by the stuff. We just need to figure out how to harness it.
The internal combustion engine was not a refinement of the wheel.

There's no free energy.
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Jimbo
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Trollie
25 Nov 2016, 05:04 PM
The internal combustion engine was not a refinement of the wheel.
Again WTF?

So what you are saying is that everything developed now is not new technology, just a refinement of existing technology but somehow the internal combustion engine was not a refinement of the steam engine?

Free energy impossible?

http://www.techradar.com/news/were-closer-to-unlimited-free-energy-than-ever-before-thanks-to-nuclear-fusion
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Rastus2
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Trollie
25 Nov 2016, 05:04 PM
The internal combustion engine was not a refinement of the wheel.

There's no free energy.

It really depends on the definition of "Free".

As far as I am concerned, if you can pay a (modest) fee to setup a system, and then not have to pay for energy again until the system is clapped out (lets say 20 years)... it's as near to free as I care to chase.

One could argue that water mills, and wind mills of 100 years ago were free energy... unless you want to be pedantic and claim that unless someone builds the structure for you for free, it is not free.

In which case, we can both play that game... go out into the sun, burn yourself to a crisp, and tell me how much you paid for the energy required to deliver that burn .
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Matthew
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Rastus2
25 Nov 2016, 05:59 PM

It really depends on the definition of "Free".

As far as I am concerned, if you can pay a (modest) fee to setup a system, and then not have to pay for energy again until the system is clapped out (lets say 20 years)... it's as near to free as I care to chase.

One could argue that water mills, and wind mills of 100 years ago were free energy... unless you want to be pedantic and claim that unless someone builds the structure for you for free, it is not free.

In which case, we can both play that game... go out into the sun, burn yourself to a crisp, and tell me how much you paid for the energy required to deliver that burn .
I have no doubt that we will continue to harness wind, wave and solar for power generation etc. This is hardly new though, as others have pointed out.

The assertion that the future influx of free energy will see humans abandon their hedonistic desires and want to profit from their labours though as Dimshit is purporting? Laughable.

That this will occur in the immediate future (ie while I am still alive) and somehow make my assets worthless and drive me into poverty? Hysterical.

But that is Dims thing - take things too far and look like a goose.
Jimbo
25 Nov 2016, 05:46 PM
So what you are saying is that everything developed now is not new technology, just a refinement of existing technology but somehow the internal combustion engine was not a refinement of the steam engine?

Not everything is, but haven't you wondered just how similar the Wind turbines are in the Colgar Windfarm to the Windmills built in Holland in the 19th centaury?

Refinement? Or new invention?
Edited by Matthew, 25 Nov 2016, 07:28 PM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Jimbo
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Matthew
25 Nov 2016, 07:25 PM
The assertion that the future influx of free energy will see humans abandon their hedonistic desires and want to profit from their labours though as Dimshit is purporting? Laughable.


People won't need to "abandon their hedonistic ways" though matey.

With more automation and innovation, more people will be able to enjoy the fruits currently tasted by only a few.

40 years ago, restaurants were somewhere people went once or twice a year. A trip overseas was a once in a lifetime experience. Well off people had a colour telly, very well off people had a VCR.

Now, most of us in the west take these things for granted.

Man traditionally profits from the labours of others less fortunate. The mill owner from the worker, the landowner from the tenant farmer. The landlord from the renter.

But with innovation and technology doing the graft, we will all become more fortunate.

No need for centralised workplaces, cities or housing.

No need to enslave the next generation to pay for our own retirement.

This is not a pessimistic view matey. It is how I hope the world turns out for the sake of my kids and grandkids.

If you prefer the idea of 99 people living in poverty so that 1 person can live in luxury, it says a lot about your nature.

Quote:
 
Not everything is, but haven't you wondered just how similar the Wind turbines are in the Colgar Windfarm to the Windmills built in Holland in the 19th centaury?
Refinement? Or new invention?


About as similar as a stealth battleship is to Nelsons HMS Victory.




Rastus2
25 Nov 2016, 05:59 PM
It really depends on the definition of "Free".

As far as I am concerned, if you can pay a (modest) fee to setup a system, and then not have to pay for energy again until the system is clapped out (lets say 20 years)... it's as near to free as I care to chase.
Or billions over centuries to finally come up with the most efficient way to extract that which not only surrounds us but is part of us as well.

We started by harnessing the suns energy through the medium of flame and deadwood with the next innovation being whale oil before we progressed quite rapidly to oil and gas then nuclear fission.

The next logical step is fusion or some paradigm shift which may well be uncovered by CERN.

It may have cost billions to get to the point of free energy, but from the perspective of those in the future who use it, it will be free.

For anyone who has lived through the last 30 years of technological revolution to believe that we are at the climax of that revolution?

But hey, it's Trollop we're talking about here. He's always at the point of climax.

Edited by Jimbo, 26 Nov 2016, 08:13 AM.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Trollie
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Jimbo
25 Nov 2016, 05:46 PM

Free energy impossible?
Basic thermodynamics tells us there's no such thing as free energy.

Basic stuff Jimbo.
Rastus2
25 Nov 2016, 05:59 PM

It really depends on the definition of "Free".

As far as I am concerned, if you can pay a (modest) fee to setup a system, and then not have to pay for energy again until the system is clapped out (lets say 20 years)... it's as near to free as I care to chase.

One could argue that water mills, and wind mills of 100 years ago were free energy... unless you want to be pedantic and claim that unless someone builds the structure for you for free, it is not free.

In which case, we can both play that game... go out into the sun, burn yourself to a crisp, and tell me how much you paid for the energy required to deliver that burn .
Even jimbo's idea of "free" nuclear fusion isn't free. It's no where near production and they've spend billions over the decades on various experiments and attempts.

If it ever works, it will be low environmental impact and long lasting. But free it is not.
Jimbo
25 Nov 2016, 05:46 PM
So what you are saying is that everything developed now is not new technology, just a refinement of existing technology but somehow the internal combustion engine was not a refinement of the steam engine?
You're lost again.
Edited by Trollie, 26 Nov 2016, 11:19 AM.
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Matthew
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Jimbo
26 Nov 2016, 07:30 AM
This is not a pessimistic view matey. It is how I hope the world turns out for the sake of my kids and grandkids.

You seem to be stumbling through this particular thought bubble of yours like a Friday night drunk Dimshit.

You have gone from an inevitable impending change that will bankrupt me personally in my lifetime to ideology for future generations.

Quote:
 
If you prefer the idea of 99 people living in poverty so that 1 person can live in luxury, it says a lot about your nature.
I don't prefer that at all Dimshit. Nor have I ever said such a thing.

But it is helpful to have a practical outlook instead of donning the white K-Mart bathrobe and making a rambling video about the "Compression" and the man with the stick Dimshit.

My wife and I wanted a daughter. When our third son was born we didn't call him Sarah and dress him in skirts just because that is what we wanted did we? Because that would be stupid wouldn't it?

The irony of you wanting the majority of Australians to suffer immediate financial pain, suffering and in some cases devastation just so you can be "right" and "trade up for free" is not lost on us either Dimshit. In fact the most likely people to suffer should you get your desire of "Doomsday" are those currently aged between 15 and 35. They are the ones that would be stuck in negative equity, facing repossession, the first to lose their jobs and held out of future employment by todays 40 - 55 year olds who would need to work longer than planned to rebuild their retirement savings.

I know you think you are some kind of keyboard Robin Hood Dimshit, but you really have not thought the consequences of your desires through to the end.

Funny to watch though, keep the laughs coming ok?
My only hope for my three boys is that they turn out nothing at all like Chris.
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