What is the best way to deal with a devastating disaster?
Incorporating it into daily life as something secondary.
How to absorb new ideas?
Not having great ideas of your own.
How to avoid having to react to events?
Leading the events.
Why do politicians always lie?
Because they always talk about the future.
How to be completely baffled?
Watching the world.
How to model historical change?
Using cliodynamics.
How to create political instability?
With overproduction of elites.
How to shift the balance of power?
Putting data back into the hands of the people.
How to limit exposure to the theatre of the absurd?
Fleeing bipartisanship.
What is the most popular form of government intervention?
Printing up trillions of fiat money.
How to preserve your mental health?
Avoiding comforting certainties.
How to increase opportunity and reduce disparities?
Ending fiat currencies.
How to change relationship with time?
Not asking when.
When to keep talking?
When the threat is for real.
When a country knows it has a problem?
When speaking becomes an extremely dangerous activity.
How to save yourself?
By yourself.
How to disseminate a finding?
Exaggerating it so that the press might enjoy correcting.
How to prevent a tragic economic ending?
Instilling innovation in the administration of public policy.
How to equalize everybody?
Punishing the competence as a kind of affront to the incompetence
How to deliver anything anywhere on earth in 1 hour?
With a rocket traveling 7,500 miles per hour.
How to monetize debt in perpetuity?
With trade imbalances.
What is the most useful thing to have in life?
Sense of humour.
How to bring down the financial system?
With a deep and long economic recession and health-care recession.
How to consolidate increasing power?
Creating a financially engineered depression to destroy competitor.
When to embrace risk?
When most run away from it.
When a country is dancing with death?
When it is too broken to protect itself.
How to lose an economic decade?
Keeping alive zombie-infested industries.
Jesus Arturo Devesa Pardo - Negative interest rates with inflation
What Happens Next?
Negative interest rates with inflation
Why the end-game will be an economic catastrophe.
because the supply is shutting down
Why the monetary system itself will go into meltdown?
Because central bank money-pumping is a universal belief in response to public debt.
What Governments are more sensitive to the influence of other countries?
Governments in countries with a stronger democratic structure.
When people follow the lead of others and base their decisions on what other people do?
In times of severe crisis.
How to quantify safety?
Measuring the number of problems you can absorb.
When you can get more?
When you don't have to worry about having less.
How to build something stronger and more efficient?
through attrition,
why do you have to think for yourself?
Because laziness and conformism is a wonder to behold
What is the first thing to do if you want to do something?
Find the best place to do it.
What will lead to a socio-economic implosion of the middle class?
Wealth inequality to unimaginable levels
How run a three-ring circus
Keeping the audience entertained with clown candidates shooting water at each other.
Who is The greatest evil?
Who do not need to raise their voice.
When clowns aren’t funny?
When They are dangerous.
How to grow?
Using the unknown.
Why The "Impossible" Is Unavoidable?
Because denormalization is an extinction event.
How to accumulate capital that benefits everyone?
Introducing External costs in the price.
Why AI will Traumatize the World?
Becasue you Will Be Richer or Poorer.
How to replace something with nothing?
Badly.
Why the post-normal world is an extinction event?
Because their fixed cost structures are so high they are no longer viable if they're operating at less than full capacity.
How works speculative predation?
Selling bonds in order to buy back more shares.
What is the denormalization of the free market?
Pricing capital by central banks not by markets.
Why Most operational costs cannot be reduced?
Because they are are mandated.
Why denormalization is an extinction event
Because Denormalization is an interlocking series of self-reinforcing feedbacks
How to rely on an unsustainable formula?
Controlling pressure.
How to handle a problem on the rise?
With constant visualization.
How to know when the limit is near?
When you inch forward, arms outstretched.
How to develope a hierarchy of things to worry about?
Bearing in mind that not everything that seems worrisome is really a threat.
How to assess the damage wrongfully?
Thinking the worst may be over.
How to deal with panic?
Thinking short term.
How to deal with worries?
Thinking long term.
When to have a lack of trust?
when they have to persuade you.
How to treat transactions like strategies?
Valuing the existence of influential behaviors.
When normalcy may be a mistake?
When order may not be possible.
How to promote a false sense of security?
with scientific uncertainties
How to spread prosperity?
Hearing without listening.
When do you know that you can do it?
When you have done it before.
For what reason do you read?
To learn continuously
Why is difficult to learn from history?
Because the narrative is usually wrong
Why society cannot harness technology?
Because technology monopolies attention.
What is the best expectation?
The unexpected expectation.
How to fix things?
Going a bit slower.
When you don't have to make a deal?
When you are happy.
What reduces inequality?
Catastrophic events.
How to understand the trade offs in life?
Being lost without a map.
How to collide with reality?
Trying to get everything you want.
When uncertainty shows up?
When there is no confidence in the probabilities used to make decisions.
How to get motivation?
Building persistent needs.
How to solve a problem?
With sustained thinking.
How to put value on things?
Devoting your own labour to them.
How to grow?
Using the unknown.
How to grab power?
Without persuading or stating your intentions, just with sleaziness and manipulation.
Why do unprecedented times keep you from thinking carefully?
Because nobody knows what happens.
What is the worst thing money can buy?
Stupidity
When everything is more uncertain?
At the end of an economic and social cycle.
How to reduce carbon emissions?
With financial engineering.
How to reduce dollar exposure?
Stockpiling debt and commodities.
How to achieve global dominance ?
Manipulating reality.
Which is the best model of governance?
The model who understands radical innovation and permanent structural change.
How to save the environment?
With technological prowess to combat it.
How to solve social complex problems?
Placing trust and giving big powers to independent authorities.
Why society cannot harness technology?
Because technology monopolies attention.
What do a misguided optional strategy and a scientifically proven phenomenon have in common?
Both show wrong numbers in the short-term.
Why money isn't everything?
Because there's always one skill that you can master: creating more fiat debt at low interest rates and no longer matters who's Emperor.
How to become unnerved?
Observing the absurdity of your own narrative.
How to predict social crises?
observing the level of complacency in the face of indebtedness
When something implodes?
When its output is no longer justified by its enormous cost structure.
How carefully fall into the cliff?
Commodifying everything into a financial asset.
Why the real-world economy has been swept away?
Because the collateral is largely worthless.
Are there alternatives?
Accepting the implosion of the economic model and its financial institutions.
What is the most difficult place in the world to tell the truth?
Washington DC
What Happens Next?
Negative interest rates with inflation.
How to quantify safety?
Measuring the number of problems, you can absorb.
Why the monetary system itself will go into meltdown?
Because central bank money-pumping is a universal belief in response to public debt.
Iteration vs Recursion
The concepts can sometimes be used interchangeably and they are very similar.
The concept of Recursion and Iteration is to execute a set of instructions repeatedly. The difference between them is that recursion is simply a method call in which the method being called is the same as the one making the call while iteration is when a loop is repeatedly executed until a certain condition is met. Under the hood, both recursion and iteration depends on a condition so as to know when to stop but recursion is simply a process, always applied to a function.
An example of recursion is shown below:
function factorial(number) {
if (number === 1) {
return 1;
}
return number * factorial(number - 1);
}
view rawrecursion.js hosted with ❤ by GitHub
and here’s an example of iteration:
var step;
for (step = 0; step < 5; step++) {
// Runs 5 times, with values of step 0 through 4.
console.log('Walking east one step');
}
view rawiteration.js hosted with ❤ by GitHub
Key Differences between Recursion and Iteration
A conditional statement decides the termination of recursion while a control variable’s value decide the termination of the iteration statement (except in the case of a while loop).
Infinite recursion can lead to system crash whereas, infinite iteration consumes CPU cycles.
Recursion repeatedly invokes the mechanism, and consequently the overhead, of method calls. This can be expensive in both processor time and memory space while iteration doesn’t.
Recursion makes code smaller while iteration makes it longer.
Memoization makes recursion palatable, but it seems iteration is always faster. Although recursive methods run slower, they sometimes use less lines of code than iteration and for many are easier to understand. Recursive methods are useful for certain specific tasks, as well, such as traversing tree structures.
