July 30, 2009

I was wrong about China’s prospects

Filed under: China, Debate, Economics — admin @ 7:48 am

I have a new Mises piece that details how I have taken a bearish, 180 turn on China’s economy.

It originally began as an email to Robert Wenzel and was later flushed out into a proper article based on conversations I’ve had with KY Leong and Mark DeWeaver.

So with apologies to Mish (whom I called out earlier), my bullishness was incorrect. I should also point out that Lew called this stupendous bubble many months ago.

With any luck, other, more media-savvy libertarians (two in particular) will also stop trying to peddle Sino-based indices to potential clients. China is not the US in 1909.

Bubble, what bubble?

One example that I highlight in the footnotes: stocks have risen 79% in Shanghai (since January) and took a 5% nose-dive two days ago when there were rumors that policy makers will “curb inflows” — to cool off the officially recognized bubble. Who knows when it will officially peak, so buyer beware…

Other bearish articles of interest:

- Notes on a real estate trip in China (Pettis)
- RMB 15 trillion in new Chinese lending, can we turn this thing off (Pettis)
- China: Bogus Boom? (AEI)
- Beijing Borrows $8.8 Billion for Financial District (Bloomberg)
- Murky world of local finance exposes holes in China’s stimulus programme (Dragon Beat)
- The Four Cheapest Plays in Emerging Markets (Barron’s)
- China warns banks over asset bubbles (Financial Times)

July 28, 2009

Worldwide readings on humpday

Filed under: News links — Tim @ 10:42 pm

- Why Increased IP In China And India Is Likely To Disproportionately Benefit The Developed World (TechDirt)
- In China And India, Stronger Intellectual Property Is Unnecessary (TechDirt)
- Was Moore’s Law Inevitable? (The Technium)
- Why Publishing Cannot Be Saved (As It Is) (Publishing Perspectives)
- Totally Wasted (Mother Jones)
- 10 Worst Evolutionary Designs (Wired)
- Dumb-dumb bullets (Armed Forces Journal)
- Waking from its sleep (The Economist)
- China steel plant takeover scrapped after manager killed (Times Online)
- A New Strategic and Economic Dialogue with China (WSJ)
- Born in the east, young Germans still forced to head west (CNN)
- Mourning the Death of Handwriting (TIME)
- Which Game Series Would You Reboot? (Slashdot)
- Digital Nomads Choose Their Tribes (Washington Post)

July 25, 2009

Worldwide readings for the weekend

Filed under: News links — Tim @ 5:45 am

- ‘Korean dream’ fades for its seekers (NY Times in 2004)
- Universities faking job contracts (China Daily)
- Hard Times at Harvard (Vanity Fair)
- Potato-Faced Youngster Lauded For Memorizing Primitive 26-Character Alphabet (The Onion)
- Illegal Immigration from Mexico Hits Lowest Level in Decade (WSJ)
- The Open Debate on Chinese Internet Proliferation (Ian Bell)
- More Anti–PowerPoint Catharsis (Cato)
- Why Japan’s Cellphones Haven’t Gone Global (NY Times)
- South Koreans Rush to Buy Shabby Flats as Prices Soar (Bloomberg)

July 19, 2009

Worldwide readings to start the week

Filed under: News links — Tim @ 11:04 pm

- A deadly job: finding unexploded ordinances (Vietnam Bridge)
- Paterno hopes Bowden can keep wins (ESPN)
- Review: The Case for God by Karen Armstrong (Guardian)
- The secret capitalist economy of North Korea (CNN)
- Econophysicist Predicts Date of Chinese Stock Market Collapse (Technology Review)
- North Korea’s Hard-Labor Camps: On the Diplomatic Back Burner (Washington Post)
- Apollo Landing Sites Imaged by LRO! (Bad Astronomy)
- Tour de France, cycling a clash of cultures for Americans, Europeans (Sports Illustrated)

July 16, 2009

All is well in the Kingdom of Newerth

Filed under: Personal — Tim @ 3:00 am

Blogging will be light for a little while. I got into the beta of Heroes of Newerth, a really cool up-coming title (RTS) which is very similar to Defense of the Ancients (a popular mod for Warcraft 3).

Here is a recent story about it.

If you are looking for a new site to help tweak your computing experience, be sure to look How to Geek, run by an amigo of mine.

July 13, 2009

Clearing those tabs for Sytek

Filed under: Sytek — Tim @ 9:47 pm

Haven’t cleared through the RSS feeds for the EE Times or Next Big Future in a while, so here are some posts. Btw, if you know the editor at NBF tell him his layout is terrible for trying to link to (i.e., it is nigh impossible to copy/paste headlines).

- Software-to-silicon verification @ 45 nm and beyond (EE Times)
- Next-generation semiconductor functional verification challenges (EE Times)
- Parasitic extraction: 3D or not 3D, that is the question (EE Times)
- Analysis: Intel slowly gears up for system-on-chips (EE Times)
- NIST advances quantum computing (EE Times)
- Memory to rise to 3-D challenges (EE Times)

- Near-lightspeed nano spacecraft might be close (MSNBC)
- First Drug Shown to Extend Life Span in Mammals (Technology Review)
- Getting More out of Crude (Technology Review)
- Nanoarches advance nanotechnology’s tool box (Nanowerk)
- Salamanders, regenerative wonders, heal like mammals, people (University of Florida)
- Laser-created temporal lens could lead to movies of molecular processes (University of Nebraska)
- Darpa’s Handheld Nuclear Fusion Reactor (Wired)
- Researchers find possible environmental causes for Alzheimer’s, diabetes (PhysOrg)
- 110th Carnival of Space (Kentucky Space)
- New Rice Plant Could Ease Threat Of Hunger For The Poor (Agriculture Business Week)
- Carbon Nanotube Quantum Dot Terahertz Detectors and On-Chip High Resolution near-field terahertz detector (Next Big Future)
- Erythropoietin improves operant conditioning and stability of cognitive performance in mice (BMC Biology)
- Nanopillars Promise Cheap, Efficient, Flexible Solar Cells (Berkeley Lab)
- Temporal lenses for attosecond and femtosecond electron pulses (PNAS)
- Caloric Restriction Slows Aging in Monkeys (Technology Review)
- A New Look At How Proteins Assemble And Organize Themselves Into Complex Patterns (ScienceDaily)
- Why Might China And India Want To Strengthen National Intellectual Property Policy? (TechDirt)
- Smartphoniacs: Addicts of the Information Age (WSJ)
- Pink Silicon Is the New Black (Technology Review)
- The Last Cautionary Broadband Mapping Tale Before $350 Million Is Wasted (Public Knowledge)
- The plant that pretends to be ill (BBC)
- Aphids defend themselves with chemical bombs (Not Exactly Rocket Science)
- Spiders gather in groups to impersonate ants (Not Exactly Rocket Science)
- How Printers can Breach our Privacy: Acoustic Side-Channel Attacks on Printers (UoS – Information Security)

July 12, 2009

What you missed last on Sytek

Filed under: Sytek — Tim @ 11:43 pm

- The new video game Kodu will teach you (or your kid) about programming (Slate)
- A storage performance retrospective (Tech Report)
- From string theory mathematics to high-T superconductivity (ArsTechnica)
- Root extract protects brain from alcohol damage (ArsTechnica)
- A high-quality image projector on your smartphone? (CNet)
- Apple proposes HTTP streaming feature as IETF standard (ArsTechnica)
- Why the #$%! Do We Swear? For Pain Relief (Scientific American)
- Which Language Approach For a Computer Science Degree? (Slashdot)
- Games overtake electrical sector in Japan (CNet)
- Japan’s Robots Face Hard Times (NY Times)
- In Japan, Machines for Work and Play Are Idle (NY Times)
- Carnegie Mellon’s robotic snake stars in a glamour video (Engadget)
- Goose gets a bionic leg in world-first operation (Telegraph)
- Remote input sleeve from Nokia (Unwired View)
- Robot Teaches Itself to Smile (Wired)
- Engadget HD pays a visit to Dolby Labs (Engadget)
- Video: Life-sized Gundam’s back, looking deadlier than ever (Engadget)
- Video: TAT’s augmented reality concept unveiled (Engadget)
- Video Q&A With Ray Kurzweil (Singularity Hub)
- The FlexPicker: Industrial Robot Built for Speed – Video (Singularity Hub)

Worldwide readings for the past weekend

Filed under: News links — Tim @ 10:33 pm

- 50 Years of Pantyhose (Smithsonian)
- China’s factory girls: nobody’s victims (Spiked Online)
- The Odd Lies Of Sarah Palin: A Round-Up (Andrew Sullivan)
- Demographics and Deflation: an unpleasant comparison (Asia Times)
- Back to Petroleum (FT)
- Rice paddy crop art of the year (BoingBoing)
- Gold, Ivory Treasures Hidden From Taliban Shine at Afghan Show (Bloomberg)
- Ghost of Marx haunts China’s riots (Asia Times)
- New York Philharmonic May Perform in Cuba (NY Times)
- The Facts and Stats That Colleges Don’t Want You to Know (CNN)

- The World is Flat, by Thomas Friedman (pdf)

Wiki entries: Kulak :: List of Ecumenical council’s

July 11, 2009

Sytek on Saturday

Filed under: Sytek — Tim @ 2:00 am

- The Internet is a dollar store (CNet)
- 3D Radiology images (BoingBoing)
- You Are Who You Are by Default (ScienceNews)
- Why It’s Hard To Make Today’s Games Funny (Kotaku)
- Retired mainframe pros lured back into workforce (IT World)
- A Radical New Router (IEEE Spectrum)
- Germanium Diodes Mean Progress Toward Silicon-Chip Lasers (Slashdot)
- What’s the Importance of Graphics In Video Games? (Slashdot)
- GPS: Paradise lost (BBC)
- Bruce Sterling’s closing talk at Reboot — life in the next decade (BoingBoing)
- China Mobile Has Created A Monster With Google Android (SAI)

July 10, 2009

Sytek on Friday

Filed under: Sytek — Tim @ 1:05 am

- Can Urine Rescue Hydrogen-Powered Cars? (Green Car Reports)
- Applying Evolutionary Algorithms to the Galactic Arms Race (Ai Game Dev)
- What Would You Want In a Large-Scale Monitoring System? (Slashdot)
- How Heavy Is A Petabyte? (MatrixStore)
- Canon unveils augmented reality dinosaur show in Japan (Engadget)
- Q&A: Robotics engineer aims to give robots a humane touch (CNet)
- VMware CEO: Intel chip design too complex (CNet)
- Overclocking and the latency game (The Inquirer)
- SSD RAID scaling under Windows 7 (HardOCP)
- Appreciation of “jumping hour” watches that display time as linear (BoingBoing)
- Computer learns sign language by watching TV (NewScientist)
- Open source rising as the economy continues to fall (CNet)
- Grazing robot would run on biomass (CNet)
- Playing together and staying together (BBC)
- Bruce Sterling’s closing talk at Reboot — life in the next decade (BoingBoing)