[jficquette]

The reason oil went from mid 30’s to pushing 80 as the economy got worse and worst was solely due to maniplation by entities to keep Russia and Dubai and other Mid East governments from going under.

It’s cheaper for banks and other entities to push up oil prices by buying futures then getting hit with defaults.

Russia owes $400B to mostly western banks. If oil gets back to where it belongs which is around $25 a barrel and stays there for a few months then Russia will likely default along with Dubai and probably others.

John

[jficquette]

The reason oil went from mid 30’s to pushing 80 as the economy got worse and worst was solely due to maniplation by entities to keep Russia and Dubai and other Mid East governments from going under.

It’s cheaper for banks and other entities to push up oil prices by buying futures then getting hit with defaults.

Russia owes $400B to mostly western banks. If oil gets back to where it belongs which is around $25 a barrel and stays there for a few months then Russia will likely default along with Dubai and probably others.

John

[jficquette]

The reason oil went from mid 30’s to pushing 80 as the economy got worse and worst was solely due to maniplation by entities to keep Russia and Dubai and other Mid East governments from going under.

It’s cheaper for banks and other entities to push up oil prices by buying futures then getting hit with defaults.

Russia owes $400B to mostly western banks. If oil gets back to where it belongs which is around $25 a barrel and stays there for a few months then Russia will likely default along with Dubai and probably others.

John

[jficquette]

The reason oil went from mid 30’s to pushing 80 as the economy got worse and worst was solely due to maniplation by entities to keep Russia and Dubai and other Mid East governments from going under.

It’s cheaper for banks and other entities to push up oil prices by buying futures then getting hit with defaults.

Russia owes $400B to mostly western banks. If oil gets back to where it belongs which is around $25 a barrel and stays there for a few months then Russia will likely default along with Dubai and probably others.

John

[jficquette]

The reason oil went from mid 30’s to pushing 80 as the economy got worse and worst was solely due to maniplation by entities to keep Russia and Dubai and other Mid East governments from going under.

It’s cheaper for banks and other entities to push up oil prices by buying futures then getting hit with defaults.

Russia owes $400B to mostly western banks. If oil gets back to where it belongs which is around $25 a barrel and stays there for a few months then Russia will likely default along with Dubai and probably others.

John

[jficquette]

[quote=Allan from Fallbrook][quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.[/quote]

Right now it is in its toy stage. About where the Internet was in the early 90’s when AOL was king or even when Prodigy around. Its the ability of groups of people to be tied together instantly that will drive the changes. No one knows where its going but it will keep morphing into more and more significant expressions.

John

[jficquette]

[quote=Allan from Fallbrook][quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.[/quote]

Right now it is in its toy stage. About where the Internet was in the early 90’s when AOL was king or even when Prodigy around. Its the ability of groups of people to be tied together instantly that will drive the changes. No one knows where its going but it will keep morphing into more and more significant expressions.

John

[jficquette]

[quote=Allan from Fallbrook][quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.[/quote]

Right now it is in its toy stage. About where the Internet was in the early 90’s when AOL was king or even when Prodigy around. Its the ability of groups of people to be tied together instantly that will drive the changes. No one knows where its going but it will keep morphing into more and more significant expressions.

John

[jficquette]

[quote=Allan from Fallbrook][quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.[/quote]

Right now it is in its toy stage. About where the Internet was in the early 90’s when AOL was king or even when Prodigy around. Its the ability of groups of people to be tied together instantly that will drive the changes. No one knows where its going but it will keep morphing into more and more significant expressions.

John

[jficquette]

[quote=Allan from Fallbrook][quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.[/quote]

Right now it is in its toy stage. About where the Internet was in the early 90’s when AOL was king or even when Prodigy around. Its the ability of groups of people to be tied together instantly that will drive the changes. No one knows where its going but it will keep morphing into more and more significant expressions.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[Author]

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