Jun. 13th, 2013

daveon: (Default)
Apparently used to be the view of British Intelligence about their Russian counterparts activities.  There is a movement growing to kick Ted Beale aka Vox Day out of the SFWA for being a racist, misogynist dick. He is.  Google him if you need to.  He makes Rand Simberg look like the sane face of Libertarian viewpoints.

I almost didn't get down to his really astonishingly offensive claptrap about N.K. Jemisin who wrote the rather good 100,000 Kingdoms which was on the Hugo list last year.  I tripped up reading his profoundly stupid claptrap about Japan.

The current Japanese PM, aside from his militant nationalistic chest thumping, is trying to kick the Japanese economy out of the doldrums it's been in since the late 1980s.  He's essentially doing this by dumping vast amount of money into the economy and saying screw inflation, we can live with some for a while.  Early indications have been good, Japanese growth is currently forecast at 4.1% for this year.  This has, to put it mildly, confused the bond and stock markets who don't know what to make of it.  Prior to a Bear Market from the last few days, the Nikkei index was up about 75% on 6 months ago.  It has lost about 20% in the last week, but is still up 30-40% on where it was.  He is very very certain that the economies of the world are going to collapse unless they go back to the gold standard.

Gold has lost 20% of it's value in the last 6 months....  go figure.

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