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Comment Re:And the US could turn Russia into vapor (Score 1) 878

I think you're drastically overstating it. If Russia were to unload its $100B in reserves, it could depress the value of the USD by perhaps a couple percent for a couple of days, but it would do way more damage to itself. The global foreign exchange market is measured $5.3-*trillion* *per day*(!) and there are lots of aggressive players desperately trying to profit from arbitraging a few hundredths of a penny. If they figured out that Russia was dumping $100B at a deep discount for purely political reasons, the buyers would go into a huge feeding frenzy, mitigating the decline on the USD. Immediately after Russia finished unloading, the USD would jump right back up to its true value. The main result would be that Russia would have donated billions or tens of billions of dollars of value to speculators for a very temporary impact on the value of the USD. I wouldn't even call this a Pyrrhic victory; it'd be an unmitigated loss for Russia. China could do the same thing and have a bigger impact with its $1.3T, but also a bigger loss to itself.

Comment Re:Must have been written by Captain Obvious (Score 0) 401

Since the collapse of civilization will happen in a few decades, there is absolutely no reason to give a second thought to Anthropogenic Global Warming Caused Specifically And Exclusively By Anthropogenic Carbon Emissions And Curable By Donating Trillions Of Dollars To Genocidal Dictators For Some Reason (AGWCSAEBACEACBDTODTGDFSR). I'll bet these ultra-leftist alarmists didn't think about the implications of anybody taking their work seriously!

Comment Re:Models vs models (Score 1) 249

AGW is also a theory

At this stage, it's only an hypothesis.

AGW is a complex thing - there will be no one conclusive experiment that confirms or blows the whole thing.

AGW has exactly one experiment (computer models are not experiments; they are just expressions of their models), and its results will only be known in retrospect a couple hundred years from now. But even then, they will need to untangle dozens of extraneous factors from the results before drawing any conclusions.

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