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Thread: sell! sell! sell!

  1. #28901  
    the bear is back biatches!! printing cancel.... tiznow's Avatar
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    Beef industry is extremely undustainable as well.. cow farts (methane) a big contributor .. not to mention all the land/resources they need to raise etc..

    there's so many things we do now that are simply unsustainable on 1000 year time scales..

    https://www.google.com/amp/s/www.sci...html%3fisamp=1
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  2. #28902  
    bushman eek.'s Avatar
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    Chickens coming home to roost for the corrupt Liberals

    Problem is we've still got to sort out pollution and ecosystem destruction, even if man-made global warming is bullshit


    ------------------------------

    Penn State climate scientist, Michael ‘hockey stick’ Mann commits contempt of court in the ‘climate science trial of the century.’ Prominent alarmist shockingly defies judge and refuses to surrender data for open court examination. Only possible outcome: Mann’s humiliation, defeat and likely criminal investigation in the U.S.

    The defendant in the libel trial, the 79-year-old Canadian climatologist, Dr Tim Ball (above, right) is expected to instruct his British Columbia attorneys to trigger mandatory punitive court sanctions, including a ruling that Mann did act with criminal intent when using public funds to commit climate data fraud. Mann’s imminent defeat is set to send shock waves worldwide within the climate science community as the outcome will be both a legal and scientific vindication of U.S. President Donald Trump’s claims that climate scare stories are a “hoax.”

    http://www.climatedepot.com/2017/07/...ey-stick-mann/
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  3. #28903  
    RX Senior brucefan's Avatar
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    No idea why stocks keep going up


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  4. #28904  
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    Quote Originally Posted by eek. View Post
    Chickens coming home to roost for the corrupt Liberals
    Eekster! So nice to see you here still!!

    Are you a conservative now?
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  5. #28905  
    bushman eek.'s Avatar
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    I think a pragmatic realist cake would be more accurate, with a filling of socialist cream
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  6. #28906  
    RX Local CHOPTALK's Avatar
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    Anyone who thinks there well be no such thing as 100$ oil again is sadly mistaken .
    2017 Super Bowl Champs
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  7. #28907  
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    Quote Originally Posted by CHOPTALK View Post
    Anyone who thinks there well be no such thing as 100$ oil again is sadly mistaken .
    I missed the news today....are we starting a war I didnt hear about?

    I dont see it in the near future. I think it goes to mod 30's before the mid 50's.
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  8. #28908  
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    This is the big test coming now, hopefully China will ban bitcoins.
    Then we will see whether Bitcoins etc are truly fit for purpose.

    =========================================

    Top China Bitcoin exchange to stop trading

    One of China's biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies.

    BTCC said it would stop buying and selling on 30 September in response to tightening regulation.

    It comes after authorities banned initial coin offerings on 5 September.

    The country has seen an explosion of digital currency trading, sparking fears about the financial risks and speculative investing.

    The price of Bitcoin tumbled sharply following the BTCC announcement late on Thursday but has since regained some ground.
    Cracking down

    Chinese authorities expressed concern over the investment risks involved in crypto-currencies and ordered a ban on initial coin offerings, or ICOs, earlier this month.

    A growing number of tech companies are opting to sell digital "tokens" to raise funds because they are quick, easy and unregulated.

    Then on Wednesday this week, the state-backed National Internet Finance Association issued a warning that virtual currencies are increasingly being used as a tool for illegal fundraising and money laundering.

    BTCC, one of the world's biggest Bitcoin platforms, said in a tweet Thursday after "carefully considering" the directive from regulators, trading on its platform would cease and it would stop registering new users from Thursday.

    BTCC also runs an international exchange from Hong Kong.

    More intervention is expected. The BTCC shutdown comes ahead of speculation that the Chinese government plans to completely ban exchanges.

    Reuters and other media have reported this week, citing sources, that China is planning the suspension, but the regulator has not yet made any such announcement.

    China's ICO ban, and wider fears of more regulation, has prompted a sell-off that has wiped billions of the value of crypto-currencies since they hit record highs at the start of the month.
    Currency risk

    Regulators around the world are in the midst of working out how to address some of the risks around virtual currencies.

    The UK's financial watchdog warned this week that ICOs are "very high-risk, speculative investments," while the US Securities and Exchange Commission said in July that some ICOs should be regulated like other stocks.

    Regulators in Singapore, Hong Kong and Canada have also pointed out some of the dangers.

    Digital currencies are also facing scrutiny from the private sector. This week JPMorgan chief executive Jamie Dimon branded Bitcoin a "fraud" and said it was set to "blow up".

    Mr Dimon told an investor conference in New York that if any of his traders were found trading Bitcoin he would "fire them in a second", and that Bitcoin was "worse than tulips bulbs", referring to a famous market bubble from the 1600s.

    http://www.bbc.co.uk/news/business-41276348
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  9. #28909  
    bushman eek.'s Avatar
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    The flying drones putting workers out of a job

    Flying drones and robots now patrol distribution warehouses - they've become workhorses of the e-commerce era online that retailers can't do without. It is driving down costs but it is also putting people out of work: what price progress?

    It could be a scene from Blade Runner 2049; the flying drone hovers in the warehouse aisle, its spinning rotors filling the cavernous space with a buzzing whine.

    It edges close to the packages stacked on the shelf and scans them using onboard optical sensors, before whizzing off to its next assignment.

    But this is no sci-fi film, it's a warehouse in the US - one of around 250,000 throughout the country, many gargantuan in size: retail giant Walmart's smallest warehouse, for example, is larger than 17 football fields put together.

    And these automated drones are now doing the jobs humans - on foot, or operating fork-lift trucks and mechanical lifts - used to do: and they're doing them more cheaply and more accurately.

    "Every year companies lose billions of dollars due to misplaced items and faulty inventory records in their warehouses," says Fadel Adib, an assistant professor of media, arts and sciences at Massachusetts Institute of Technology.

    "Today's inventory management requires workers to scan items manually, which is a very time consuming and error-prone process. It's impossible to keep track of all items in the warehouse."

    Two drones can do the work of 100 humans over the same time period, according to supply chain specialist, Argon Consulting. This means they can do several tours of a warehouse - even at night - compare results, identify discrepancies, and build up a much more accurate picture much more quickly.

    Drone makers claim scanning accuracy of close to 100%.

    Matt Yearling, chief executive of Pinc, one of the firms offering such aerial robots, says they can save warehousing and logistics companies millions of dollars.

    "Nobody has 100% accuracy - including Walmart and Amazon," he says. "For a warehouse that is 95% accurate, it means that 5% is ambiguous. So if the warehouse is storing $100m [75m] worth of inventory, then $5m is uncertain.

    "Typically the retailer will have more than one warehouse. So, if you multiply the problem across the warehouse network you are talking big dollars."

    Pinc's drones use hydrogen fuel cells, enabling them to fly for up to two hours - four times as long as some battery-powered drones.

    French firm Hardis Group has also launched an inventory-scanning drone - EyeSee - and emphasises how autonomous it is.

    "Flight orders and flight plan execution are ensured by our Android application," says Stephane Cadenet, manager of the firm's drone programme.

    "Our solution is simple to use: no installation, no infrastructure adaptation and no driver. The only thing to do is unpack the drone. The calculation of the flight plan is automatic."

    Other companies, such as Infinium Robotics, have also developed drone scanning systems.

    Of course, retailers have been using robots and automated systems in warehouses for some years. In 2012, fashion brand Net-A-Porter said its robot pickers were already 500% faster than humans.

    Online grocer Ocado believes it will not need any human labour at all within 10 years. And online retailer Amazon's Kiva robots have almost become famous.

    "Innovators are working to make drones and robots an integral part of warehousing, inventory, and logistics," says JP Gownder, a principal analyst at research firm Forrester.

    "Over the next 10 years, these technologies look set to revolutionise these spaces."

    But all this cost saving and efficiency comes at the expense of jobs for humans.

    The $2.3tn e-commerce industry is huge and growing, but almost 75% of e-commerce companies employ no more than four people.

    So it is no coincidence that in the US some 89,000 shop workers were laid off between October and April this year, while employment in New York City clothing stores has declined for three consecutive years.

    Forrester estimates that automation technologies, including artificial intelligence, will replace 17% of US jobs by 2027. And growth in new types of employment will not be enough to compensate.

    "Automation does create opportunities for new jobs - equivalent to 10% of today's jobs," says Mr Gownder.

    "But that still leads to a net 7% loss of jobs due to automation, which has to be made up by macro-economic growth, non-automation related jobs, and monetary policy."

    Ryan Bax, industry analyst for mobility at research consultancy Frost & Sullivan, concedes that the use of drones and robotics in warehousing will lead to job losses, but believes growth elsewhere will compensate for this.

    "As automation reduces the demand for lesser qualified jobs, the need for specialised skills within the logistics sector will grow," he maintains.

    And he thinks automation tech may even become mandatory once it has been shown to reduce accidents in the workplace.

    "The use of automated technologies will permit warehouses to operate 24-hour days and improve stock management accuracy, but beyond this they will provide significant benefits to safety within the workplace."

    This will be small comfort for the thousands of warehouse workers displaced by drones and robots, but it is the inevitable consequence of our desire for online convenience, cheaper prices and faster deliveries.

    http://www.bbc.co.uk/news/business-41737300
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  10. #28910  
    RX Wizard theDonger's Avatar
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    Quote Originally Posted by eek. View Post
    Chickens coming home to roost for the corrupt Liberals

    Problem is we've still got to sort out pollution and ecosystem destruction, even if man-made global warming is bullshit


    ------------------------------

    Penn State climate scientist, Michael ‘hockey stick’ Mann commits contempt of court in the ‘climate science trial of the century.’ Prominent alarmist shockingly defies judge and refuses to surrender data for open court examination. Only possible outcome: Mann’s humiliation, defeat and likely criminal investigation in the U.S.

    The defendant in the libel trial, the 79-year-old Canadian climatologist, Dr Tim Ball (above, right) is expected to instruct his British Columbia attorneys to trigger mandatory punitive court sanctions, including a ruling that Mann did act with criminal intent when using public funds to commit climate data fraud. Mann’s imminent defeat is set to send shock waves worldwide within the climate science community as the outcome will be both a legal and scientific vindication of U.S. President Donald Trump’s claims that climate scare stories are a “hoax.”

    http://www.climatedepot.com/2017/07/...ey-stick-mann/
    Charges filed in Mueller probe into Trump campaign collusion with Russia. Arrests happening on Monday.

    What's all this about corrupt liberals now?
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  11. #28911  
    Give BB 2.5k he makes it 20k within 3 months 99out100 Hitman26's Avatar
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    Just checking in. Tizzy, how are you playing this bull market? All news is good news. If a meteor were heading straight for earth, the markets would jump 10 percent because of all the minerals we could mine from it.
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