Posted by Matt in November 13th, 2008 |
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Published in
Financial,
American Century,
Credit Markets,
Decline And Fall,
Decline And Fall Of The Roman Empire,
Economic Uncertainty,
Edward Gibbon,
Empire Rome,
Fall Of The Roman Empire,
Financial Shock,
Great Depression,
Housing Loan,
International Monetary Fund,
Niall-Ferguson,
Obscure Species,
Planet Finance,
Productivity Growth,
Proximate Cause,
Self Destruct,
Subprime Mortgages,
Technological Innovation
Then, beginning in the summer of 2007, Planet Finance began to self-destruct in what the International Monetary Fund soon acknowledged to be “the largest financial shock since the Great Depression.” Did the crisis of 2007–8 happen because American companies had gotten worse at designing new products? Had the pace of technological innovation or productivity growth [...]
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Posted by Matt in June 5th, 2008 |
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Published in
Military,
U.S.,
Battlefield,
Bomblets,
Cluster Bomb,
Cluster Bombs,
Dublin,
Fuses,
Guidance Systems,
Hitting The Ground,
Remnants,
Self Destruct,
Target,
Targets,
Weapon Works
Indeed, some cluster bombs now include guidance systems to ensure they arrive closer to their targets, and fuses that make bomblets self-destruct if they have not exploded after hitting the ground. This is in line with one “fix” permitted by the Dublin treaty, which is that bomblets should either “detect and engage a single target” [...]
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