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Comment The only crisis is a German Bank Crisis (Score 1) 743

Look, we actually have documents (go look at wikileaks, no I won't do your work for you) that prove that Germany has been instrumental in making sure that Greek milliionaires avoiding taxes aren't followed to their Swiss deposits and other tax frauds.

The only problem is that the German Banks might have to suffer a loss for Liar's Loans they made under the Goldman Sachs "promises" that Greece could be in the EEC (EU monetary combine), which even internal German audits show was known to be a lie.

The banks losing their money is what is supposed to happen when they make bad loans.

That and the lack of repayment by Germany for the war looting of Greece during WW II, which has never been repaid.

Does Greece have a strong economy? No, but it never has.

Is there massive tax fraud in Greece? Yes, but there always has been.

Is this a major risk for the EU? No, because .... wait for it ... Greece is less than 0.1 percent of total EU GDP. Total.

All the rest is sturm und drang by Reichsmarshalls in Den Stadt.

Submission + - The Scientific Method and the Art of Troubleshooting

HughPickens.com writes: Karl Popper came up with the idea in the 1930's that scientists should attempt to falsify their hypotheses rather than to verify them. The basic reasoning is that while you cannot prove a hypothesis to be true by finding a number of different confirming instances (though confirming instances do make you more confident in the truth), you can prove a hypothesis to be false by finding one valid counter-example. Now Orin Thomas writes at WindowsITPro that you’ve probably diagnosed hundreds, if not thousands, of technical problems in your career and Popper's insights can serve as a valuable guide to avoid a couple of hours chasing solutions that turn out to be an incorrect answer. According to Thomas when troubleshooting a technical problem many of us “race ahead” and use our intuition to reach a hypothesis as to a possible cause before we’ve had time to assess the available body of evidence. "When we use our intuition to solve a problem, we look for things that confirm the conclusion. If we find something that confirms that conclusion, we become even more certain of that conclusion. Most people also unconsciously ignore obvious data that would disprove their incorrect hypothesis because the first reaction to a conclusion reached at through intuition is to try and confirm it rather than refute it."

Thomas says that the idea behind using a falsificationist method is to treat your initial conclusions about a complex troubleshooting problem as untrustworthy and rather than look for something to confirm what you think might have happened, try to figure out what evidence would disprove that conclusion. "Trying to disprove your conclusions may not give you the correct answer right away, but at least you won’t spend a couple of hours chasing what turns out to be an incorrect answer."

Submission + - Amazon Germany pays 0.1% tax rate in 2014, funnels sales through low-tax haven (thestack.com)

An anonymous reader writes: E-retail giant Amazon.com’s German branch paid just 11.9 million euros (approx. $16 million) in tax last year, equivalent to a 0.1% tax rate considering the company reported $11.9 billion in gross sales in Germany in 2014. German corporate income tax stood at 29.58% last year which would mean Amazon Germany would have been expected to pay $3.5 billion in tax in 2014. Amazon.de is the group’s largest and most successful market outside of the U.S., according to its annual sales records. However following investigation it has been revealed that almost all of the company’s German sales and profits were reported from businesses in Luxembourg, a low-tax haven. Amazon said last week that it had implemented a number of changes across Europe, including in the United Kingdom, Germany, Spain and Italy from May 1st, in order to ensure that future sales would be managed in the countries themselves.

Comment Re:It's not a risk (Score 2) 236

Not true. Climate change alters basic acidity of oceans, revives ancient diseases trapped in polar ice, and the interconnected nature of society and trade may result in conflicts where one person decides to start a nuclear war as billions are forced to migrate or die.

Look, I love that you civilians think it's not a problem, but you've never had to deal with what people pushed to the edge actually DO when they either leave their nation state or die. They will do whatever they have to, and that is very very dangerous. When people think they're trapped, they do amazing things.

Submission + - The Myth of Outsourcing's Efficiency

Presto Vivace writes: Why outsourcing winds up producing cost creep over time

Outsouring over time starts to create its own bureaucracy bloat. It’s the modern corporate version of one of the observations of C. Northcote Parkinson: “Officials make work for each other.” As Clive describes, the first response to the problems resulting from outsourcing is to try to bury them, since outsourcing is a corporate religion and thus cannot be reversed even when the evidence comes in against it. And then when those costs start becoming more visible, the response is to try to manage them, which means more work (more managerial cost!) and/or hiring more outside specialists (another transfer to highly-paid individuals).

Submission + - Next Generation 460-Foot Towers To Bring Wind Power to All Fifty States

HughPickens.com writes: Diane Cardwell reports at the NYT that once the next generation of larger, taller turbines in development hits the market, all 50 states could become wind energy producers and the bigger machines — reaching as high as 460 feet — could eventually make faster winds at higher altitudes an economical source of electricity. “We believe very much the central role of wind in meeting our climate challenges, and we’re very committed in this direction,” says Ernest Moniz, the secretary of energy. “It’s going to require being able to take advantage of a broader set of resources,” and it will give wind power a “bigger footprint,” onshore and off.

Energy officials and executives are pushing toward machinery that would reach 360 to 460 feet high. That would increase the wind development potential in an additional 700,000 square miles — more than a fifth of the United States — bringing the total area to 1.8 million square miles. The potential expansion would affect areas where wind farms already exist and bring areas into the market. The main regions where height would increase potential wind production include the Southeast, Northeast, states around the Ohio River valley and the Great Lakes, and parts of the interior West and Pacific Northwest. In all, the DOE report "Enabling Wind Power Nationwide" says, land-based and offshore wind could produce 16,150 gigawatts of electricity a year, more than 10 times the country’s consumption (PDF). Wind installations now account for 65 gigawatts, just under 5 percent of national demand. “We’ve proven out as an industry in Europe, with a fair number of turbines in Europe at 120 meters,” says Tom Kiernan. “By going to 100 or 110 meters, we can open up all 50 states."

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