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And make sure not to talk about the greenback...

Yet another excellent interview with Jim Rogers

Do You Fear America Yet?

Do You Believe In America Yet?

Thanks Web 2.0. Thanks new millenium. Thanks hyper-conscious superstars. Thanks for the striking contrast between old and new.
(p.s. Can you spot the Canadian?)

You Are (barely) Alive!

The Japanese artist Takashi Murakami certainly has a rainbow coloured imagination, but who knew he had feelings too? The ironic, desperate kind, the frustration-of-being kind. Not to mention the subversion of advertising within the confined framework of a commercial. It is usually that longing is fulfilled within these contexts, that desire can be overcome and its goal reached. Not here. But more importantly, outside of the localized capitalist motif, these commercials give us a unique insight into how an artificial creature, bestowed with the same neuro-curcuitry and consciousness as us, would be stuck living a life of longing and resentment. The brain is only half the battle.
(via Kitsune Noir)

The Reality of the Virtual

Brain-Computer Interface for Second Life


"A research team at the Keio University Biomedical Engineering Laboratory has developed a system that lets the user walk an avatar through the streets of Second Life while relying solely on the power of thought. An EEG machine reads motor cortex data and relays it to the BCI, where a brain wave analysis algorithm interprets the user’s imagined movements. A keyboard emulator then converts this data into a signal and relays it to Second Life, causing the on-screen avatar to move."
(more via Pink Tentacle)


"Virtual Reality is a rather miserable idea. A much more interesting notion is the opposite. Not virtual reality, but the reality of the virtual. That is to say reality, real effects produced by something that does not yet fully exist." Slavoj Žižek - The Reality of the Virtual

'It's going to be much worse'

NEW YORK (Fortune) -- You might expect Jim Rogers to be gloating a little bit. After all, the famed investor has been predicting a recession in the U.S. economy for months and shorting the shares of now-tanking Wall Street investment banks for even longer. And with fears of a recession sparking both a worldwide market sell-off and emergency action from Federal Reserve chairman Ben Bernanke, Rogers again looks prescient - just as he has over the past few years as the China-driven commodities boom he predicted almost a decade ago began kicked into high gear. But when I reached him by phone in Singapore the other day there was little hint of celebration in his voice. Instead, he took a serious tone.

Bank's billions burnt in 10 days

By Friday, January 18, Jérôme Kerviel, a junior suit in the banking world, was on the hook for €50 billion - the equivalent of about half of all the gold and currency reserves held by France. The sum also exceeded the entire value of the bank at which he worked...