Bruce Henderson is a former Marine who focuses custom data mining and visualization technologies on the economy and other disasters.
As mentioned in an early post, there are no clear signals that the global economy is skidding to a violent halt. This can only spell additional trouble for activist governments intent on conjuring up enough money to bluff the world wide credit implosion into submission. For the past two decades, the most prosperous nations on […]
Russia has been under enormous financial stress during the last several months. Russia is a young economy that is still trying to figure out how to work without the socialism and central planning. As credit contracts here, it evaporates in places like Russia, and there is no “Fed mother hen” to backstop the banks. On […]
Over the summer the news was that troops of environmental activists were parading through the northwest passage to draw attention to the fact that it was ice free. This was supposed to imply that that run away, man made global warming was wrecking the arctic. In reality most of these expeditions ended locked in the […]
Earlier this year I outlined a DARPA project to produce a hypersonic UAV under the project name “Falcon Blackswift” According to the few details available on Blackswift, Lockheed Martin’s famed Skunk Works shop is the main contractor for the vehicle. DARPA, in fact, still isn’t talking about Blackswift; it’s using the HTV-3X designation. But HTV-3X […]
As I write this, the markets in Japan are down nearly 10%. Several of the markets in Asia are closed in hope of shuttering themselves against the raging storm that they helped create. The Yen carry trade is at long last unwinding like the tightly wound spring it was. There is not enough money in […]
(Photo of the fire overnight from Mike 68’s flickr photo stream) To those of you waking up and wanting to know about the blaze near the south side of Camp Pendleton, according to fire officials it is now more than 70% contained. This means it is still going to be throwing a huge amount of […]
[10/06/2013 — NOTE: For those landing here via search engines, this post is from October 2008 and does not refer to the October 2013 Camp Pendleton fire.] October returns, and days before our first real Santa Ana wind event, we get our first good sized fire. This one is burning on the south west side […]
The Senate has passed a pork laden version of the Wall Street Welfare bill. Included for fun are provisions like this: SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN WOODEN ARROWS DESIGNED FOR USE BY CHILDREN. (a) IN GENERAL.—Paragraph (2) of section 4161(b) is amended by redesignating subparagraph (B) as sub301 paragraph (C) and by […]
During late August and Early September, the Halifax Bank of Scotland (HBOS) began to collapse. The UK was eager to prevent this at all costs, as Halifax bank is a major player in the UK. In a deal brokered in part by UK Prime Minister Gordon Brown himself, Loyds TSB would buy out the Halifax […]
Readers will recall that I have been against the massive, wasteful bailout bill that is still before congress. My position has been that the $700 Billion allocated cannot and will not fix the problem, if for no other reason than the problem is several orders of magnitude larger than that figure. This collapse is powered […]