Financial topics

[Reality Check]

A process savings of about 40$ per etching is nothing to be sneezed at. While it obviously can't be applied to the newer 3D substrate etchings (at least I don't see how it can) the possibility of multilayer circuits is there at least in potential by overlaying these molecule thick circuits, and clamping a high dissipation circuit between two heat sinks directly can't be overlooked either. Currently we slice up the silicon substrate and clamp a heat sink to the top side of the circuit. This offers both savings and a chance to increase the heat dissipation, both of which are major items in solid state circuit design/fabrication.

Two problems with that:

First, if you believe the cost of materials is a significant part of the costs of "design and fabrication" of solid state circuits you do not understand the industry at all.

Second, the uncompetitive cost problems with the Solar Power Industries stem from inefficiencies in the capture of solar energy and inefficiencies in the conversion of captured solar energy into electricity. Manufacturing costs of the solid state devices related to capturing solar energy and the cost of solid state devices related to converting captured solar energy into electricity are not the limiting factor.

[aedens]

http://www.bizjournals.com/phoenix/blog ... ading.html

News you are allowed to see in the speciality chemical and elastomer markets. Sorry we are decades ahead
of reality check misnomers. It has already been here and deployed. I like the photovotaic paints segements
and the synthetic plastics after market coating segments myself and follow and invest in for beta plays
of distributive modeling plays.

[aedens]

People who think the market will snap back to normal are underestimating how much the Great Recession scared investors, says Ulrike Malmendier, an economist who has studied the effect of the Great Depression on attitudes toward stocks.

The kraken covered.

She says people are ignoring something called the "experience effect," or the tendency to place great weight on what you most recently went through in deciding how much financial risk to take, even if it runs counter to logic. Extrapolating from her research on "Depression Babies," the title of a 2010 paper (embedded below) she co-wrote, she says many young investors won't fully embrace stocks again for another two decades.
"The Great Recession will have a lasting impact beyond what a standard economic model would predict,"
But it's not just ordinary folks, its professional investors too... h/t tyler

I will wait for hell to freeze over on some asset classes here and for damn good reason we are not in all dollar assets.
We are run by cargo cult cutouts since cheney opined on economics. The market is smarter than them point blank.
Here at GD we put our best thought forward around early feb chop then a drain and sideways then to a concerned
thought geopolitical around ~2015 as we are. If wrong, ok we trade our OTC sheets and book acounts here no one elses.

[Reality Check]

http://www.bizjournals.com/phoenix/blog ... ading.html

News you are allowed to see in the speciality chemical and elastomer markets. Sorry we are decades ahead
of reality check misnomers. It has already been here and deployed. I like the photovotaic paints segements
and the synthetic plastics after market coating segments myself and follow and invest in for beta plays
of distributive modeling plays.

Again, suggesting that one solar related company is doing something slightly better than another solar related company means nothing if they are all totally dependent on massive government subsidies to even dream of ever making a profit.

That said, it is a tried and true proposition to get someone else to pay all the costs and take all the risks and to position yourself, or your company, to skim your profits off the cash flow, as it flows from investors who are being defrauded, to the alleged beneficiaries ( the individuals legally responsible for paying the money back ).

The only significant monies being made off of solar ( not directly related to government subsidies ) are related to the most inefficient technologies ( and lowest costs for the solar manufacturer ), which, like snake oil, can be added to the roofing materials or paint of the constructions projects while promising extremely small benefits for a long period of time. Benefits, which, if realized, or not, are virtually insignificant to the primary purpose of the construction project.

Solar companies that have to make money the old fashioned way, like earn it, simply go broke when the massive government subsidies are reduced.

[aedens]

https://www.youtube.com/watch?v=khhDzyxprOo

see ya - we will watch you on the other side of the trade.
Do not be the alter boy hit by the train. blindman

[John]

< I'm more than a little astonished at the congressional inaction
< over the budget/taxes/sequesteration. I guess I underestimated
< their ability to rationalize inaction. It's certainly flying in
< the face of the kick the can theory though there's still time for
< them to kick the can again. And will be yet for a month or two,
< tax bills can be backdated, supplementals can be passed,
< etc.

Yes but the Kick the Can Theory is more complicated than that. Remember
what happened with Greece:

• Greece would be facing a crisis (e.g., bankruptcy by a date certain)
• European leaders would have a "summit meeting" to do discuss options,
  and to settle on a bailout plan.
• There would be bitter confrontations but the participants would
  lie to the press about them.
• There would be no agreement, and more summit meetings would be
  scheduled. The participants would lie to the press.
• Finally there would be a summit meeting where a "nuclear option"
  would be revealed, and it would be announced that Greece's problems
  were solved once and for all. A new deadline would be announced
  to settle all the details.
• This deadline, and several subsequent deadlines, to decide
  on details would all be missed. The participants would lie to
  the press.
• Summit meeting after summit meeting would fail to reach a decision,
  until two weeks before Greece had to make its next major bond
  payment.
• At that point, there would be agreement to loan Greece enough
  money to make the next bond payment. The underlying problems would
  not be solved. Everyone would lie to the press, saying that all
  problems had been solved.

We've had five or six cycles of the above steps. The cycle as a whole
is can-kicking, but each step within the cycle is can-kicking.

It's worth repeating that there was never a "final solution" for Greece
because no solution exists. It's not that there were three or four
really good solutions, and the participants could not agree on which
solution to implement. It's that no solution exists, and all the
participants can do is blame each other.

The United States is barely at the beginning of this can-kicking
process. There have only been a couple of "summit meetings" so far,
barely enough to get anywhere at all. Everybody is lying to the press
and blaming each other except that, as usual, the mainstream media is
totally in the tank for Obama, irrespective of anything else going on.

The talk I heard this morning is that we'll go over the "fiscal
cliff," but then agreement will be reached next week (because then the
Republicans will be voting for a tax decrease rather than for a tax
increase) ... or by January 14 ... or by January 21 ... or by March.

The Kick the Can Theory predicts that there will be multiple "summit
meetings" and confrontations, that all parties will continue to lie to
the press and blame each other, and that no agreement will be reached
until just a few days before some real crisis. At that point, there
will be some agreement on some part of the issue, just enough
to delay the crisis a few more weeks. The cycle will repeat over
and over until we're at war.

By the way, I haven't read anything about this, but I'm going to
guess that a lot of Europeans are looking forward with glee
to the Schadenfreude they're expecting when America has to go
through the same humiliating process they went through.

America is truly Greece now.

[vincecate]

America is truly Greece now.

There is one big difference. America prints its own money. So the US has 2 ways to default. They could just not pay or they could pay with money of decreasing value. Historically I can not find any country that defaulted on debts in their own currency when they were able to print their own currency. So my guess is the US prints more and more money.

[Reality Check]

America is truly Greece now.

There is another big difference between Greece and the United States.

The people deciding Greece's fate do not live in Greece, they are not elected by the people of Greece, they do not owe their jobs to the voters of Greece, they do not have to rub shoulders with the people of Greece when they return home, their children do not go to school with the people of Greece, and they do not have 300 Million Greek people, owning collectively 300 Million privately owned guns, living in the same country as they do.

The elites of the other countries in Europe do not care about Greece and they are letting the people of Greece rot. They are only giving dribs and drabs of money to Greece so banks in their own countries can avoid dealing with a public default by Greece.

On second thought these differences may just be a different facet of the same difference V. was alluding to.

But, I agree they are going to just kick the can down the road, not because we are Greece, but because that is all these people are capable of. Unfortunately the GD explanation of why Generation Xers behave the way they do appears to be accurate for the leaders in Washington D.C.

[Reality Check]

Economic recovery driven from the ground up is seldom covered by the Media, but historically has been a main driver of growth in the United States.

Government, at all levels, can assist, or hinder such economic expansion.

State and local government plays a large roll in this.

Washington state has, for the last one or two decades, been trying to fix "a problem".

The perceived problem was that Washington state experienced economic growth in an "uneven, uncontrolled way".

New small businesses, and local branches of large nationwide businesses sprang up in unincorporated areas near towns and cities. Rural county governments did not have the impact fees, building codes and regulations that cities and towns had and county governments were eager for the 8% sales tax revenue brought in by businesses. Counties were very business friendly.

The "solution", in Washington state, to this "problem" was to give cities, by state law, the right to declare exclusive "target" areas of growth. Cities initiated the process, but county governments were required by state law to pick, and approve, a single city for growth into any unincorporated area that one or more cities targeted. Cities then obtained the exclusive right to deliver water and sewer services within these targeted areas and charge any impact fees and other taxes and fees on such water and sewer services as the city wanted. One of the conditions that cities can, by state law, require any property owner who wants to continue to receive sewer and water services, which by state law are only available within these target areas from the city targeting that area, is to sign over, and to refrain from revoking, a power of attorney giving the city the right to request, in the name of the property owner, that the city expand to include the land owners property.

Over the years the costly requirements on counties to spend county tax dollars to protect these targeted areas so they would be in a suitable condition when the cities finally got around to expanding into them has grown.

The latest Washington state law, passed within the last year, required counties to zone these targeted city growth areas as if they were all going to be exclusive residential areas when the cities finally got around to annexing them. State law requires counties to zone these unincorporated areas as Urban Growth Area Residential Districts (UGARs).

State law also requires counties to implement severe zoning restrictions on what activities the owners of lands within these newly rezoned unincorporated zones can engage in ( conversion of land from it's current country zoning to UGAR zoning was mandatory by state law).

State law allows counties to use their own judgement in some areas, but state law also mandates that certain activities be banned from home businesses within these UGARs. Normal businesses are banned entirely from UGARs ( they are considered zoned exclusively for residential uses ). Between UGARs surrounding towns and cities, and the towns and cities themselves, over 90% of the population of Washington state lives in these combined areas.

The interesting part is in what activities the state of Washington felt were appropriate to flat out ban in virtually every home business in the state of Washington. Banned are any kind of home businesses that involves creating a product out of metal or wood and any kind of home business that involves displaying physical products at the home business and any kind of home business that involves entering into a sales agreement for physical goods if the agreement is reached at the premises of the home business.

These are out right bans in addition to severe restrictions the state mandates on the total floor space ( 20 x 30 feet ) used on any piece of land, no matter how large the land is, within a UGAR. These out right bans are also in addition to sever restrictions on noise and particles related to the home business that can be detected at the property line with adjoining lands or public right of ways.

For now, it is left up to elected boards, or appointed, boards within the various counties to ban, or allow, such home businesses as insurance sales or operating a plumbing business that only actually makes sales out of a truck ( not located at the home business location ), but instead the sale is made at the premises of the customers.

Effectively Washington state has elected to ban anyone starting the next Apple computer in their garage, or any other business that actually produces something. These bans apply to the over 90% of the population that lives in a UGAR, town or city.

[aedens]

I think we can all agree on that from there own words the world party called american politics and on from the 2008 election cycle was bend the trend is the talking points they cannot deny this for time. We mentioned the poisoned well's they both do in the vissitudes of human experience. We all knew from even before that point it was sand castles. I would remind all they could care less, and now even less can fix this since they are fear and praise based. As for europeon Schadenfreude the model is based on let them eat cake anyway. Those in leadership will allow any pestilance or plague to maintain the grip of status quo and innocense will suffer. Americans are soft in the head because even the lucid interparty dissent was crushed to fiscal sanity realitys. Countless others have warned they want less than 1 percent growth world growth rate which appears also to be a rate of inflation targeting and painting the ngdp pass through costs of over 10 percent yoy as we are, and is ongoing with the reality called math. Nothing has changed but the scope and degree of the fatal deciet to bend the trend was for time to reduce local markets for winners and losers and if anyone conveys free markets YOU know what they really ARE! The local senate and reps got spooked because they are the middle managment players bag holders for the global plantation masters who already if you noticed are gone to London, Peking, and New Delhi. As we noted here the exchanges in regions got hft plastered over 15 percent so they could nestle in for a nominal gain for a few years as the retarded natives beat each others brains out as they simply walk away just as we forumed on the tear ups last time. Watching all the retards at times can be amusing and be cetain it is not Schadenfreude but IP flight and local political verbiage to confuse the locals. No less, no more of a effect we note as flow. Go ahead and start a business under 5 million and see what happens. Some already do and did since about time the ISO audits and WTO filters and product trial your already dead as a designed. This net effect is your a weed in the plantation they own. These issues on health care, torte reform or whatever ism you in america wish the point will be to why they are gone and debt is a tool for the fools.

http://www.guardian.co.uk/world/2012/de ... care-homes
Welcome to the old-new-future of Eurotopia.