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Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh

RedSky says...

@radx

The liquidity/insolvency line is just a fancy way of asking for more money than is being provided. As I said, I expect once structural reform is fully implemented, the ECB (tacitly instructed by Germany et al) will take a much more active role in buying the debt of these countries but it's not at that stage yet. The problem is they've been slow to sell off assets, reform government and reduce public employment to levels demanded.

Again what you propose is easing that eliminates the pressure to reform, which is the intent of the troika/Germany as I see it. I just don't see any of those things happening. As I mentioned before, Greece's debt has largely stopped rising and GDP has been edging upwards since 2010 and is now positive:

http://www.tradingeconomics.com/greece/government-budget-value
http://www.tradingeconomics.com/greece/gdp-growth

As far as running surpluses, I would argue if everyone was nearly as zealous as Germany, then the deficit/surplus gap between countries would narrow - which would be the best outcome globally. As you'd probably know Germany's attitude towards fiscal stability and inflation is fairly hawkish given its history with hyperinflation. But it has clearly served them well when their bond yields didn't spike during the euro crisis because of a shortage of funds.

I wouldn't characterise it as beggar thy neighbour, that's generally reserved for active measures to prevent trade from other countries (such as through tariffs or subsidies). Instead Germany from what I've read, has carved out a competitive niche for itself with it's Mittelstand. I don't know Germany history particularly here, but I assume it led to companies in industries like retail which can't compete globally reducing or being bought out.

I would compare it to what happened here in Australia with the car industry when government support for it vanished. In our case at least, the only reason the industry existed for the past couple of decades is because of that support and it should never have been propped up by the government in the first place. I don't see that really being any different to typewriters being replaced by computerisation, whale oil being replaced by fossil fuels or US manufacturing going to China (and now leaving to other areas of Asia).

Coming back to trade surpluses, for similar reasons to Germany, most Asian countries also run large trade surpluses because of their history with capital flight in the Asian financial crisis of 97. This is despite many of them developmentally being far behind Greece let alone Germany or France. There has been no Asian crisis this time around and investment into these countries (like Malaysia, the Phillippines, Vietnam and China) has hardly been low over the past 10 years.

I'm not a huge fan of QE as a policy either. Part of the problem is central banks like the ECB weren't designed with the intent of using QE, merely adjusting interest rates, let alone any direct purchases of bonds. I was a big fan of what they did here in Australia where they just gave a one off wad of money to everyone who is earning an income. We ended up avoiding a recession entirely, although our economy was doing quite well at the time.

In effect that's more fiscal policy and I can imagine it being difficult to implement in the EU across countries in an even way. Merkel is certainly too hawkish overall. Policy along those lines, unbiased investment via the EIB or let alone just implementing QE earlier (like the US did) would have helped everyone.

US Navy Satellite Launches Into Orbit

US Navy Satellite Launches Into Orbit

Climate Change - Veritasium

MilkmanDan says...

I used to be a pretty strong "doubter", if not a denier. I made a gradual shift away from that, but one strong instance of shift was when Neil Degrasse Tyson presented it as a (relatively) simple physics problem in his new Cosmos series. Before we started burning fossil fuels, x% of the sun's energy was reflected back into space. Now, with a higher concentration of CO2, x is a smaller number. That energy has to go somewhere, and at least some of that is going to be heat energy.

Still, I don't think that anything on the level of "average individual citizen/household of an industrial country" is really where anything needs to happen. Yes, collectively, normal people in their daily lives contribute to Climate Change. But the vast majority of us, even as a collective single unit, contribute less than industrial / government / infrastructure sources.

Fossil fuels have been a great source of energy that has massively contributed to global advances in the past century. BUT, although we didn't know it in the beginning, they have this associated cost/downside. Fossil fuels also have a weakness in that they are not by any means inexhaustible, and costs rise as that becomes more and more obvious. In turn, that tends to favor the status quo in terms of the hierarchy of industrial nations versus developing or 3rd world countries -- we've already got the money and infrastructure in place to use fossil fuels, developing countries can't afford the costs.

All of this makes me think that 2 things need to happen:
A) Governments need to encourage the development of energy sources etc. that move us away from using fossil fuels. Tax breaks to Tesla Motors, tax incentives to buyers of solar cells for their homes, etc. etc.
B) If scientists/pundits/whoever really want people to stop using fossil fuels (or just cut down), they need to develop realistic alternatives. I'll bring up Tesla Motors again for deserving huge kudos in this area. Americans (and in general citizens of developed countries) have certain expectations about how a car should perform. Electric cars have traditionally been greatly inferior to a car burning fossil fuels in terms of living up to those expectations, but Tesla threw all that out the window and made a car that car people actually like to drive. It isn't just "vaguely functional if you really want to brag about how green you are", it is actually competitive with or superior to a gas-engine car for most users/consumers (some caveats for people who need to drive long distances in a single day).

We need to get more companies / inventors / whoever developing superior, functional alternatives to fossil fuel technologies. We need governments to encourage and enable those developments, NOT to cave to lobbyist pressure from big oil etc. and do the opposite. Prices will start high (like Tesla), but if you really are making a superior product, economy of scale will eventually kick in and normalize that out.

Outside of the consumer level, the same thing goes for actual power production. Even if we did nothing (which I would certainly not advocate), eventually scarcity and increased difficulty in obtaining fossil fuels (kinda sad that the past 2 decades of pointless wars 95% driven by oil haven't taught us this lesson yet, but there it is) will make the more "green" alternatives (solar, wind, tidal, nuclear, whatever) more economically practical. That tipping point will be when we see the real change begin.

shit the coal lobby says-no really-they said this

oritteropo says...

In terms of the Brisbane G20 summit referenced in this video, very little came out in favour of coal The G20 Leaders Communique came out saying that Gas is an increasingly important energy source, that the G20 reaffirms its committment to phase out inefficient fossil fuel subsidies.

The petition above has 2498 signatures out of its goal of 4000.

The Grauniad saw it like this - http://goo.gl/lnU8mC (well, First Dog on the Moon saw it like that, he also had one on coal powered electicity generation - http://goo.gl/MbNMfO ).

Mr. Abbott is left looking very out of touch and stuck in the past after lobbying to keep climate change out of the leaders communique, and then two days before the summit the U.S. and China came out with a joint announcement promising action on CO2 emissions - http://goo.gl/MvG1I5

*downunder

eric3579 said:

So, does anyone know what came out of the G20 regarding coal, good or bad?

Curiosity finds organic compounds on Mars

Climate Science For Dummies

vil says...

21 steps too many to qualify as simple.

Simple steps:
1 - Discover fossil fuel.
2 - Breed 7 billion people.
3 - Keep arguing while cows fart.

The Newsroom's Take On Global Warming-Fact Checked

ELee says...

The well-funded campaign to cast doubt on climate change science has very little imagination. They simply accuse scientists of what they do - distorting data for financial gain to please some powerful interests. The fossil fuel industry does this every day. The expanding global community of scientists, in many disciplines, with ~100,000 research projects, does not. The effects of climate change are already being felt. For example, tens of thousands are dying in Bangladesh from increased flooding and storms. The difference now is that leaders in Bangladesh, and people around the world, are blaming this on the history of greenhouse gas emissions - dominated by the US. (China is a new contributor, most of the historical emissions have come from the US.) Bangladesh is now expecting numbers of climate refugees in the 10s of millions in coming decades. Around the world, the refugee crisis could easily exceed that of the 50M during WWII. And they will know who to blame.

The Newsroom's Take On Global Warming-Fact Checked

Kalle says...

I had a thought about global warming the other day. At what point does the survival of the human species become more important than the democratic process? When is it ok to just say ....fuck it ..your voice doesn`t count in that matter?

Perhaps someday countries will go to war over the amount of co2 each other blasts into the atmosphere..

Imagine emerging economies being told not to burn fossil fuels for the sake of everyone.. little unfair but still necessary..right?

Conservative Christian mom attempts to disprove evolution

shinyblurry says...

The ancestry of living beings isn't just traceable through the fossil record. The study of genetics shows us a huge and utterly overwhelming amount of evidence for the common ancestor idea. Common genes can be traced back to show the lineage of different animals and plants and groups of animals and plants.

Homology is a complex subject..it would take awhile to get into. I found a good link that illustrates the argument against it being a proof that macroevolution occured. If you want to take a look we could discuss further:

http://creation.com/does-homology-provide-evidence-of-evolutionary-naturalism

Ring species show that small changes can indeed lead to separate species. Antibiotic resistant bacteria are evolution in progress. You say that just because small changes can be seen it doesn't follow that big changes can evolve but that's stupid. Big changes are just a series of connected little changes.

I guess it depends on who you ask?

Erwin, D.H. (2000) Macroevolution is more than repeated rounds of microevolution. Evol. & Devel. 2:78-84.

the independence of macroevolution is affirmed not only by species selection but also by other processes such as effect sorting among species.

Lieberman, B.S. and Vrba, E.S. (2005) Gould on species selection. in MACROEVOLUTION: Diversity, Disparity, Contingency. E.S. Vrba and N. Eldredge eds. supplement to Paleobiology vol. 31(2) The Paleontological Society, Lawrence, Kansas, USA

Micro- and macroevolution are thus different levels of analysis of the same phenomenon: evolution. Macroevolution cannot solely be reduced to microevolution because it encompasses so many other phenomena: adaptive radiation, for example, cannot be reduced only to natural selection, though natural selection helps bring it about.

Scott, E.C. (2004) Evolution vs. creationism: an introduction. (Westport, Conn: Greenwood Press).

Macroevolution is decoupled from microevolution, and we must envision the process governing its course as being analogous to natural selection but operating at a higher level of organization.

Stanley, S. M. (1975) A theory of evolution above the species level. Proc. Natl. Acad. Sci. (USA) 72: 646-650.

In conclusion, then, macroevolutionary processes are underlain by microevolutionary phenomena and are compatible with microevolutionary theories, but macroevolutionary studies require the formulation of autonomous hypotheses and models (which must be tested using macroevolutionary evidence). In this (epistemologically) very important sense, macroevolution is decoupled from microevolution: macroevolution is an autonomous field of evolutionary study.

Ayala, F.J. (1983) Beyond Darwinism? The Challenge of Macroevolution to the Synthetic Theory of Evolution. reprinted in PHILOSOPHY OF BIOLOGY, M. Ruse ed. p. 118-133.

When discussing organic evolution the only point of agreement seems to be: "It happened." Thereafter, there is little consensus, which at first sight must seem rather odd. -(Simon Conway Morris, [palaeontologist, Department of Earth Sciences, Cambridge University, UK], "Evolution: Bringing Molecules into the Fold," Cell, Vol. 100, pp.1-11, January 7, 2000, p.11)

robbersdog49 said:

I'm late back to this party and iI don't have time to properly address all the points you make so I'll just stick to this one.

Conservative Christian mom attempts to disprove evolution

shinyblurry says...

No disrespect intended towards your cousin, but Darwin espoused a different view about transitional fossils:

"But just in proportion as this process of extermination has acted on an enormous scale, so must the number of intermediate varieties, which have formerly existed, be truly enormous. Why then is not every geological formation and every stratum full of such intermediate links? Geology assuredly does not reveal any such finely graduated organic chain; and this, perhaps, is the most obvious and serious objection which can be urged against the theory. The explanation lies, as I believe, in the extreme imperfection of the geological record."

Charles Darwin, Origin of the Species

Darwin didn't believe all fossils were transitional in the sense I am referring to. He believed that there would be specific fossils showing the links between families, but he thought the reason they couldn't be found was because of the relatively few amount of fossils we had back then. Today hundreds of millions to perhaps billions of fossils have been found, but those pesky transitional forms are still nowhere to be seen.

bareboards2 said:

My cousin lived in the belt buckle of the Bible Belt.

I said to him once -- I don't know what to say to someone who says that transitional fossils are missing.

He laughed and laughed. "All fossils are transitional."

Boy, did that light up my brain. Ever since, when I read a general science article on the discovery of a new fossil, I think my beloved cousin (now gone) as they say that the fossil record has been changed to reflect the new information.

Evolution isn't disproved by the change, of course.

All fossils are transitional.

(I miss you, Gaylan.)

Conservative Christian mom attempts to disprove evolution

robbersdog49 says...

I'm late back to this party and iI don't have time to properly address all the points you make so I'll just stick to this one.

The ancestry of living beings isn't just traceable through the fossil record. The study of genetics shows us a huge and utterly overwhelming amount of evidence for the common ancestor idea. Common genes can be traced back to show the lineage of different animals and plants and groups of animals and plants.

There really is a lot of very good peer reviewed scientific evidence.

Darwin may well have taken a leap of faith but it is one which has now been backed up with a huge amount of evidence. Evolution is not open for questioning any more than gravity is. It's a very simple process which can even be seen happening around us.

Ring species show that small changes can indeed lead to separate species. Antibiotic resistant bacteria are evolution in progress. You say that just because small changes can be seen it doesn't follow that big changes can evolve but that's stupid. Big changes are just a series of connected little changes.

That said mutations can be big as well as small. We've all seen photos of two headed snakes for example. That happens to be a detrimental change, but if a large change occurred that happened to be beneficial and the individual survived to breed then a large change could occur very quickly. Remember these are chance occurrences, there's no intelligence driving evolution, it's just a simple process of random mutation and natural selection.

If you accept that genes can mutate randomly (something which is known to be fact and can be shown happening) and that natural selection occurs (again something which can be shown happening) then there really isn't anything more to be said. Those two processes, given a lot of time can change an animal or plant dramatically. And time is something life has had a lot of. Even the cambrian explosion you mentioned happened over 20 million years or so.

This is evolution. There's nothing complex about the process, there really isn't. There's no way that mutations and natural selection can fit together in any way that isn't evolution.

shinyblurry said:

where the leap of faith took place was when he supposed that because we see changes within species, that therefore all life evolved from a common ancestor. This claim is not substantiated scientifically.

Conservative Christian mom attempts to disprove evolution

bareboards2 says...

My cousin lived in the belt buckle of the Bible Belt.

I said to him once -- I don't know what to say to someone who says that transitional fossils are missing.

He laughed and laughed. "All fossils are transitional."

Boy, did that light up my brain. Ever since, when I read a general science article on the discovery of a new fossil, I think my beloved cousin (now gone) as they say that the fossil record has been changed to reflect the new information.

Evolution isn't disproved by the change, of course.

All fossils are transitional.

(I miss you, Gaylan.)

Conservative Christian mom attempts to disprove evolution

ChaosEngine says...

In my study of the evidence from the fossil record, I found more evidence that contradicted the assertions of Darwinian evolution than confirmed it.
Please enlighten me as to your credentials as a paleontologist. I assume you must have some, given that you feel qualified that your expertise is such as to dismiss millions of man hours of experimental results that support the theory of evolution.

In fact, you should really publish your findings in a peer-reviewed journal. If they are correct (and not, as I suspect, complete bollocks), it will be a revelation! There's almost certainly a Nobel prize in it for you.

The evidence for micro evolution is overwhelming.
Sweet. You've accepted the evidence for evolution. "Macroevolution" is just lots of "microevolution". Why are we discussing this?

I purport to say that the idea of a Creator has better explanatory power for what we see than the current scientific theories for origins, not because of what science cannot explain, but for what science has explained.
You've abandoned science at this point. I could equally say that speciation is caused by invisible pink unicorns or the Flying Spaghetti Monster (praise his noodly appendages), but none of it is testable and therefore, it's non-scientific.

Besides, the existing theory explains everything pretty well.

Have you ever studied the scientific proofs for both sides? There are some "clocks" which point that way, and there are other clocks that point the other way. The clocks that point to the old Earth have many flaws, and there are simply more evidences that point to a young Earth.
That is quite simply untrue. It is lies, falsehood, fiction, fabrication, myth, deceit, distortion and misinformation. In short, it's bullshit.

There is no credible evidence for a young earth. Zero, zip, nada.

At this point, you would have to either monumentally stupid or willfully ignorant to believe in it.

shinyblurry said:

lots of nonsense

Conservative Christian mom attempts to disprove evolution

shinyblurry says...

Hey robbersdog49, thanks for the level headed reply. I'll address your comments in a few pieces here:

The origin of life and Darwinian evolution are two entirely different things. Regardless of how you believe the first life came about we do know from the fossil record and evidence about the way the environment and climate changed on earth in those early millennia that the first life was simple single cell organisms.

In my study of the evidence from the fossil record, I found more evidence that contradicted the assertions of Darwinian evolution than confirmed it. The Cambrian explosion for example, where basically every type of animal body plan comes into existence at around the same time, contradicts the idea that these things happened gradually over long periods of time. In fact, a new theory was invented called "punctuated equilibrium" which says that the reason we aren't finding the transitional fossils is that the changes happen too quickly to be found in the fossil record. Instead of a theory based on the evidence, we have a theory to explain away the lack of evidence.

Evolution is the process which turned these very simple life forms into the complex forms you see all around you today. It's an ongoing process and the evidence for evolution is overwhelming.

The evidence for micro evolution is overwhelming. The reason we have hundreds of different breeds of dogs is because of micro evolution. Darwin discovered this and all the credit should go to him, but where the leap of faith took place was when he supposed that because we see changes within species, that therefore all life evolved from a common ancestor. This claim is not substantiated scientifically. You cannot see macro evolution taking place anywhere in the world, and you cannot find the transitional fossils to say it ever took place. You cannot test it in a laboratory, it is a historical claim based on weak circumstantial evidence.

Science doesn't know exactly how life first came about. It doesn't claim to. We know that it did because we're here, but how? Not sure. But that's not a problem, science doesn't claim to know everything. Science is a process we use to find out about the world around us. It's not a book with all the answers.

Science is all about what we don't know. It's a process of discovery, and you can't discover something you already know. Religious people like to show any gap in the knowledge of scientists as showing they are frauds, or know nothing and that this means their own views must be true. That's just a stupid logical fallacy. Just because no one else has the answer doesn't mean you can just claim your version must be correct.

Science not being able to tell us how life started has no effect on the validity of the statement 'God did it'.


The God of the gaps fallacy is simply a red herring in these conversations. I don't purport to say that because science can't explain something, that means God did it. Science is all about the principle of parsimony; what theory has the best explanatory power. I purport to say that the idea of a Creator has better explanatory power for what we see than the current scientific theories for origins, not because of what science cannot explain, but for what science has explained. I think the evidence we do understand, in physics, biology, cosmology and information theory overwhelmingly points to design for many good reasons that have nothing to do with the God of the gaps fallacy.

There is also it seems a point of pride for those who think the best position is to say "I don't know", and accusing anyone who thinks they do know as being wrong headed, arrogant, or whatever. It's a very curious position to take because there are plenty of things we can know. No one is going to take the position that if you say the answer to 2 + 2 is 4 and you deny that any other answer is valid, you are arrogant or using fallacious reasoning. Yet, it is arrogrant and fallacious to those who think that science is the sole arbitor of truth when someone who believes in God points to a Creator as the best explanation. They think that because they believe no one else could know the answer except through scientific discovery. You have to realize that is a faith based claim and not an evidence based claim. You think that way when you place your faith in science as what is going to give you the correct answers about how and why you are here. I like these quotes for Robert Jastrow, who was an Astronomer and physicist:

"For the scientist who has lived by his faith in the power of reason, the story ends like a bad dream. He has scaled the mountain of ignorance; he is about to conquer the highest peak; as he pulls himself over the final rock, he is greeted by a band of theologians who have been sitting there for centuries."

"Scientists have no proof that life was not the result of an act of creation, but they are driven by the nature of their profession to seek explanations for the origin of life that lie within the boundaries of natural law."

As for the age of the earth, there's a huge amount of evidence which says it's about 4.54 ± 0.05 billion years old. That's plenty of time for evolution to take us from simple single cell life to the complex animals we've become today.

Have you ever studied the scientific proofs for both sides? There are some "clocks" which point that way, and there are other clocks that point the other way. The clocks that point to the old Earth have many flaws, and there are simply more evidences that point to a young Earth. That video I provided shows the evidences I am talking about.

robbersdog49 said:

The origin of life and Darwinian evolution are two entirely different things.



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