Re: Xiaomi The Money!
It was allocated by lottery apparently so only the lucky few got the phone.
62 posts • joined 21 Jul 2011
Theres little evidence this is the case, capitalism works best when you have customers. Low wages and easy credit ultimately lead to most of the money and alk of the power in fewer and fewer peoples hands. Higher taxes ensure the money keeps circulating, keeping the system functioning. This is why inheritance taxes and inequality matters to everyone. You might find a few knowledgeable people on TED, even a billionaire believe it or not saying exactly that. The highest rate of tax in the USA was 80% in the 50's and they didn't turn into the Soviet union. Our wealth depends on customers too,if we run out of young people willing to pay for our houses then obviously that price will fall.
I can see where Worstead is coming from when the current government wastes billions on schools no one needs, ineffective reorganisation of the nhs, starts on austerity and ends up following the Labour plan, millions wasted on universal credit, policy made up on the back of a fat packet, Libya, Syria etc etc. Were this a left wing government they'd have been utterly ridiculed, I certainly don't trust them with my taxes. Journalism's always been partisan and lazy but is that good for democracy?
If Greenpeace was the only lobbyist she annoyed then she wasnt doing her job, given the lack of background to the article I'm taking it with a hefty pinch of salt. Anyway here's a great article in the Guardian about the sterling work she was doing and hopes that she would carry on :
and then later an article about why the role is being questioned:
Seems like someones being cynical about the green lobby when its dwarfed by pretty much any other lobby group, the decisions made by the EU are pretty transparent at least compared to our Government that is. There's always going to be the scientific view about GM crops and the publics view, if a good proportion of the population don't want GM crops then politicians aren't going to alienate the voters without good reason (you'd hope).
I've never managed to replicate the benchmarks/overclocks so it does make you wonder, also my super fast i7 locks up all the time when the processor is far below 100%. My guess is theyre using unrealistic set ups and production motherboards etc perform far below what the average consumer buys.
Thats not the point I'm making, the banks have been caught screwing the pension funds by buying and selling shares to institutions for a fast buck : http://www.theguardian.com/business/2014/apr/06/michael-lewis-flash-boys-high-frequency-traders. That's naughty of them to say the least!
Well 40% of manufacturing in the early 80's, much of our knowledge based industry has been bought by French, American and German companies. The result of these sales is that the jobs and profits eventually go overseas, incidentally income inequality is now back at Edwardian levels. Great job. No ones being negative about Britain, what she allowed was a kind of unilateral disarmament of our industry. Remember when UK companies could make power stations??
Havent found a use for any metro apps. Configuring stuff in the metro interface is much clearerl but they've left many of the settings in the old windows 95/vista dialogs, probably because the ui doesnt work well in metro. Unfortunately this makes windows feel disjointed where you have to jump all over the place to set stuff up. I did look in the windows store once. I think ms started to go off the tracks when they tried to switch to 2 year releases so now we have an os with a muddle of windows 95, vista and now windows 8 design rather than a complete over-hall like with NT4/95.
Probably lots of over simplifications etc. but some good points. It seems to me that the energy companies are proposing a pfi style nightmare with nuclear plants. Let the government finance and build it while they lease it from us. At least if the energy company turns out to be inept we can replace them in fact wasn't that the point of privatisation in the the first place not creating new monopolies.
Why doesn't he tell us what these laws are that make us 'uncompetitive'? Perhaps he could spell out what they are, how we voted at the time, if we voted against what changes we wanted and what evidence he can present to show that law is uncompetitive. Surely its not just hyperbole?
Pity they didn't hang onto Ben Goldacre although he did write a fantastic article about the drug industry recently, not sure you'd find journalism like thata any where else. Nearly all newspapers lose money, mostare run by oligarchical meglamaniacs that can afford to trade a few million for political influence. Quite scary really.
Work laptop cpu copes pretty well but struggles due to disk io, my llano based laptop is indiscernible from my i5 based laptop in general use, has same overall rating but runs so much cooler. Ok the i5 isnt sandy bridge but the list price for my i5 was a lot more than the llano and only a year or so older. The llano is a cheapo laptop (and looks it in comparison) but in my experience its a better proposition at the budget end than intel based chips, make sure you go for the fastest llano with four cores as its only a fraction more. The desktops more complex though as a cheapo intel chip + graphcs card costs a similar amount for better performance.
I'd be amazed if the labour costs are more than a few percentage points of the costs of a car in the uk say let alone in China. I imagine the costs of moving a factory would be far higher.
Lets say you move your factory, this takes 6 months to gain that 1% saving in labour costs per item. It will then take 50 years to save the money for the 50% loss in that year. Lets say it takes a few months to get to full productivity etc.
Surely for high tech once the investments been made that factories going nowhere and this is really about garment factories etc where orders are fulfilled by existing sweatshops etc.
This story makes no sense, labour costs are a few percentage points of the cost of an item, even if they manufactured stuff here, labour wouldnt be that much more in percentage terms. Assuming that the Philippines and China have equally bad pollution etc. then the measured against the costs of moving a high tech factory are such that it would take decades to recover the investment. As an example to make a car here, the labour costs are less than 5% of the costs of the car.
Biting the hand that feeds IT © 1998–2018