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Comment Re:Hot or cold? Make your minds up! (Score 1) 164

Oh come on, we know for decades that the weather will be more extreme. So on average it will get warmer. For example, that makes showers bigger and more violent, as more energy gets into it and it reaches higher altitude until all water vapour has not only been undercooled, but actually frozen. This makes the cooling effect afterwards so large it can actually cause hypothermia if you are not dressed for it and have nowhere to hide. This is apart from the larger hailstones.

This is actually one of the major problems in Europe. In the past, a heatwave just ended, and sometimes with some thunderclouds. Nowadays, heatwaves end with violent thunderstorms. But those are not the frontal thunderstorms we are used to; these thunderstorms hardly move at all and can flood the same area for hours, sucking all moisture in from the environment and delivering it in one spot.

And yes, the global currents have changed as well, and will change further, which was what you were referring to.

Maybe it is time to pull your head out of the sand after 3 decades. If only because that sand gets terribly hot in summer.

Comment Re:There is very little need (Score 4, Interesting) 96

Especially banks want a cashless society. The idea of a Central Bank Digital Currency is already quite old in Europe, but the banks have sabotaged it time and time again, out of fear that they would not be necessary anymore and would be unable to squeeze themselves between every payment.

Comment Re:Is he really a trillionaire? (Score 1) 315

Cory Doctorow has a few articles and podcasts about stock pricing. Basically, stocks are sold at any price the buyer is willing to pay for it. Stocks from over-hyped companies that may have a great potential for growth are expensive if enough people believe that that potential can eventually pay off. That also means that these companies must continue to produce hypes, else their existing stock value plummets and the company loses its "value". Note that any value here is purely imaginary and extremely volatile.

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