If we joined the Euro, the banks would be deprived of a collossal amount of easy income. On top of that, if you are a European fund manager, you need to invest a ortion of the fund outside the Eurozone. Would you put that money in Roubles? Dollars? Turkish Lira? Obviously not. The pound gets the vote.
Massive amounts of propaganda are needed to justify the additions to the household budget that not being in the Euro creates. Blaming the French and Germans is low hanging fruit.
I have no problem measuring things in inches or metres, centimetres or millimetres - my measuring tapes are marked with all of them. I learned pattern cutting (for clothes) in metric. Imperial machine tools are superior because of the way the lead screw is made (it has a completely different thread to metric ones. You can cut metric parts on an imperial mill/lathe - just put the correct gears on it).
I have a serious problem with US gallons being short measure.
Cameron is seeking re-election. Move along now folks - nothing to see here.
I would imagine that this will be the kind of a movie that will be in the five dollar bin at Walmart's within a month of release. And there will be a lot of them that simply stay in that bin.
At least they'll be neatly packed.
Ok. You are obviously much better informed than I am, and I guess you are quite pessimistic about the total amount of oil that would ever be found. But as prices rise, things which are hopelessly uneconomic become more plausible.
Mind you, I consider this totally the wrong way to go. But when prices rise enough there will be a lot more oil available. But there are lots of reasons that that it only becomes available when the prices rise dramatically. Small fields, difficult access, expensive construction, dangerous conditions, etc. Not to mention continuing CO2 pollution.
We *need* to develop renewable energy resources. I'm not really sure that we should be moving into full scale deployment now...except for cases where there isn't much downside, or whether the technology is already mature. (Hydro comes to mind.) But we need significant investment in developing renewable technologies to the "demonstration project" stage. (I.e., one step past the pilot project.) Some of the investment should continue to be in basic research, but more needs to be invested in moving from research result to useful plant. (Don't take that too literally. Rooftop solar isn't exactly a plant, but it falls within the pervue of what I mean.)
"Indeed, in Japan, only the western half of Honshu, Shikoku and Kyushu have enough sunny days to justify large-scale rooftop solar installations."
Which is why one of the largest solar plants opened near Sendai in northern Honshu a couple years back? What conditions are profitable depend on the technology you use, and the cost of production. And as solar cost decreases and efficiency increases more locations will be realistic.
I view Tesla as the best bet for a completely new American car company in a long time.
The U.S. Big Three have been around for eons. After World War 2 Hudson and Nash were hurting, merged to form American Motors, and went bust. Packard and Studebaker were hurting, merged, and went bust. Kaiser/Frazer tried, and went bust. De Lorean tried and got in to all sorts of trouble. Nobody seemed to be able to launch a new car company and make it work.
Tesla, on the other hand, seem to have cracked it. They're selling all the cars they can make. I see lots of them around here (Vancouver).
AFAIK, neither the deep ocean nore the sides of the continental shelf have yet been thoroughly explored. Some early explorations were discouraging, but MOST exploration is discouraging.
Have you noticed at all that these new finds are in areas where it is more expensive to extract the oil? Underwater is a lot more expensive than on land. Under the Arctic Ocean? Well, waiting 5 years will probably make it cheaper, as ice heaves are terrible to construct around. Of course, 5 years may not be long enough to clear the ice.
FWIW, I'd bet that there are lots of undiscovered oil fields under deep ocean, or perhaps that you need to access by drilling sideways into the continental shelf. But that's expensive even compared to working in the Arctic Ocean.
Additionally, of course, every gallon of oil we burn increases our CO2 level. That's not just greenhouse, that's also ocean acidification. But you can't measure the damage that is done in any one day...so you don't need to worry about that, right?
There was some seismic activity for a period of time before it happened - but this is Japan; there's always seismic activity happening. According to interviewed researchers there really was no warning beforehand.
You aren't understanding. Since it was explained fairly clearly, I'd guess you don't want to understand. But I'll try again anyway.
These chips are broken. So they are sold cheap. You don't want to pay full price for seconds. Before they sell them, they use software to set the broken parts as not working. Some of them aren't broken enough that you'll immediately notice, but that doesn't mean they aren't broken.
Usually the breaks are only in one area. Some die didn't burn properly, or traces weren't properly laid down. Whatever. So that area is sealed off. The manufacturer doesn't do a detailed investigation of exactly what's broken, just one that's good enough so they can figure out what needs to be sealed off to have a working chip. Then the sell the working chip (with reduced functionality) for a much cheaper price.
So if you don't need the full functions of the chip, you can buy the cheaper, reduced functionality, model at a cheaper price.
IC manufacturers have been doing this since the i8086, or maybe the i80186. (Intel was the first one I ever heard of doing it.)
This is a deal for those who don't need the functionality of the full model. It also cuts the prices for those that do, as selling the seconds defrays some of the cost of manufacturing.
Those who are removing the imposed limits and selling the seconds as if they were first quality are the ones who are cheating the customers. They are also impugning the name of the original manufacturer.