http://factor-tech.com/green-energy...s-second-attempt-at-historic-120-hour-flight/
This is like the 5th article I've read touting autonomous cars completely changing the world within 15 years. I still think car ownership and driving is an expression of freedom and we won't see widespread autonomous vehicles for awhile but still the potential for displacement through technology over the next 20 years is pretty staggering on many levels.
Could move at a breakneck pace if it proves to be effective.
This is like the 5th article I've read touting autonomous cars completely changing the world within 15 years. I still think car ownership and driving is an expression of freedom and we won't see widespread autonomous vehicles for awhile but still the potential for displacement through technology over the next 20 years is pretty staggering on many levels.
Could move at a breakneck pace if it proves to be effective.
Greece crowdfunding campaign draws more than 500 pledges
Published: June 29, 2015 7:22 p.m. ET
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Getty Images
A Greek national flag (ADAM BERRY/AFP/Getty Images)
While residents of Europe’s functioning economies may be suffering from donor fatigue, an enterprising Londoner remains undaunted.
Thom Feeny has launched a Greek Bailout Fund on Indiegogo.
The fund seeks to raise 1.6 billion euros, the amount Greece owes the IMF for its next interest payment, due Tuesday.
Per his crowdfunding page, Feeny figures the 503 million people in the European Union need only pony up 6 euros each for a Greek Feta and Olive salad to solve the immediate debt crisis.
Those pledging 10 euros qualify for a voucher good for a bottle of ouzo, while those able to donate 25 euros qualify for a bottle of Greek wine.
By late Monday, more than 500 people had pledged a total of more than 8,000 euros, leaving just 1,599,992,000 euros to go.
Global markets are apparently discounting the innovative approach, however. Stocks went into a tailspin Monday in anticipation that Greece will miss the payment.
^
Published: June 29, 2015 7:22 p.m. ET
7
1
8
A Greek national flag (ADAM BERRY/AFP/Getty Images)
While residents of Europe’s functioning economies may be suffering from donor fatigue, an enterprising Londoner remains undaunted.
Thom Feeny has launched a Greek Bailout Fund on Indiegogo.
The fund seeks to raise 1.6 billion euros, the amount Greece owes the IMF for its next interest payment, due Tuesday.
Those pledging 10 euros qualify for a voucher good for a bottle of ouzo, while those able to donate 25 euros qualify for a bottle of Greek wine.
By late Monday, more than 500 people had pledged a total of more than 8,000 euros, leaving just 1,599,992,000 euros to go.
Global markets are apparently discounting the innovative approach, however. Stocks went into a tailspin Monday in anticipation that Greece will miss the payment.
^
I've grown pretty apathetic to the whole thing at this point .. Just disgusting what we've become
Chinese bubble starting to pop ... Puerto Rico heading to bankruptcy ... Dominos time..
check out the show mr. Robot on USA (only 1 episode so far) basically a me rant .. Pretty hilarious...
Chinese bubble starting to pop ... Puerto Rico heading to bankruptcy ... Dominos time..
check out the show mr. Robot on USA (only 1 episode so far) basically a me rant .. Pretty hilarious...
Yanis Varoufakis: “Greece Will Adopt the Bitcoin If Eurogroup Doesn’t Give Us a Deal”
While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aides at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”
Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”
http://greece.greekreporter.com/201...e-bitcoin-if-eurogroup-doesnt-give-us-a-deal/
While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aides at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”
Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”
http://greece.greekreporter.com/201...e-bitcoin-if-eurogroup-doesnt-give-us-a-deal/
Like I said, Greece is fooked and needs a ctrl-alt-delete on its economy
Austerity not enough to save Greece - leaked IMF documents
Even if Greece accepted all of the austerity measures demanded by its main creditors, the Troika, it still would not be able to make ends meet by 2030, according to IMF estimates revealed in a set of documents obtained by a German newspaper.
The most optimistic scenario shows that Greece would face an unsustainable debt in 2030 even if it agreed to the package of tax increases and spending cuts proposed by the European commission, the European Central Bank and the IMF in exchange for a five-month €15.5bn loan from its creditors.
These prospects were outlined in six documents that were part of the “final” proposal offered to Greece by the three main creditors on Friday. The papers were obtained by the German newspaper Süddeutsche Zeitung and seen by The Guardian.
The estimates provide support for Greece’s decision not to accept the bailout deal. They prove that for Greece to survive economically, it needs real debt relief measures, not austerity reforms.
http://rt.com/news/270853-greek-debt-unsustainable-imf/
Austerity not enough to save Greece - leaked IMF documents
Even if Greece accepted all of the austerity measures demanded by its main creditors, the Troika, it still would not be able to make ends meet by 2030, according to IMF estimates revealed in a set of documents obtained by a German newspaper.
The most optimistic scenario shows that Greece would face an unsustainable debt in 2030 even if it agreed to the package of tax increases and spending cuts proposed by the European commission, the European Central Bank and the IMF in exchange for a five-month €15.5bn loan from its creditors.
These prospects were outlined in six documents that were part of the “final” proposal offered to Greece by the three main creditors on Friday. The papers were obtained by the German newspaper Süddeutsche Zeitung and seen by The Guardian.
The estimates provide support for Greece’s decision not to accept the bailout deal. They prove that for Greece to survive economically, it needs real debt relief measures, not austerity reforms.
http://rt.com/news/270853-greek-debt-unsustainable-imf/
TSLA close to 52 week high on good quarterly sales.
Next year a make or break for the near-term EV market, if they can get LI-ion batteries down 30% like they say then they can, then they can sell mass market cars. If not then they won't move out of being a niche company and the big automakers likely won't have incentive to push the envelope at nearly the pace they do.
Market seems to believe in them but it has always been a cult stock.
Next year a make or break for the near-term EV market, if they can get LI-ion batteries down 30% like they say then they can, then they can sell mass market cars. If not then they won't move out of being a niche company and the big automakers likely won't have incentive to push the envelope at nearly the pace they do.
Market seems to believe in them but it has always been a cult stock.
Yeah tough stock to get into now. A lot of potential upside priced in for awhile. Good buy 4-6 months ago after it got taken down with oil plummeting. They're gonna sell 60k cars this year and can't come close to keeping up with demand right now, short-term oil prices pretty much meaningless to them. It'll be awhile before the price of gas has any impact on their actual sales.
If they're successful in LI-ion production then I think a lot of these gigafactories are gonna start popping up. JCI or panasonic might be worth a hold. Then probably some raw materials companies that I have no clue about.
If they're successful in LI-ion production then I think a lot of these gigafactories are gonna start popping up. JCI or panasonic might be worth a hold. Then probably some raw materials companies that I have no clue about.
I heard California will end the tax credit and use that toward subsidizing Totoya for the pilot hydrogen fuel cell program, the 1st in the country.
BMW just completed its own fancy version of hydrogen fuel cell sport sedan but they said they won't commit to production anytime soon. Eveyone is sitting on the sideline until the Iran nuke deal is sorted out.
BMW just completed its own fancy version of hydrogen fuel cell sport sedan but they said they won't commit to production anytime soon. Eveyone is sitting on the sideline until the Iran nuke deal is sorted out.
They won't end the tax credit I don't think but they are pushing the hydrogen program. Unless Toyota knows something that the rest of us don't, hydrogen fuel cell cars are atleast 10-15 years away from mass market. You still have extremely high costs, would need to comedown another 80-90% to make a car viable for most. Tons of infrastructure issues with hydrogen as well.
LI-ion is ready to ramp up production right now. My guess is Toyota knows if LI-ion takes off and costs continue to drop they can just pivot to that pretty easily, whereas they would be the 1st mover to hydrogen.
LI-ion is ready to ramp up production right now. My guess is Toyota knows if LI-ion takes off and costs continue to drop they can just pivot to that pretty easily, whereas they would be the 1st mover to hydrogen.
