iSpy: Yet Another Reason To Keep Your Mobile Messaging Tasteful [Security]

As if there wasn't already enough concern over losing your phone and giving a stranger complete access to your personal life, a team of researchers have developed a program called iSpy that can read what's being typed on a smartphone's screen from up to sixty meters away. So you may not even see the person who's secretly reading those sordid emails you're sending. More »


EyeAsteroids Lets You Save the World With Just Your Peepers [Gaming]

Instead of flailing your arms and legs, or wielding a motion sensing controller, Tobii Technology thinks gaming would be a bit more civilized and effective if players used their eyes. The company specializes in eye tracking and control systems, and created the Eye Asteroids arcade game as a way to show how its technology can be beneficial to more than just those with disabilities. More »


US Recession Has Begun

On October 23, 2009, I predicted that the US would have two further recessions, one starting in 2011 and another in 2017 or thereabouts.  It appears that the first prediction has come true, as the US is in the process of entering a recession as of now in late 2011.

The reasons I gave in the original article where based on the negative effect of tax increases.  While the tax increases in question have been pushed out to 2013, other causes, mainly a recession in Europe and an industrial slowdown in China, have combined to push the US into a 2011 recession nonetheless.  This recession, however, may be relatively shallow and brief, as many sectors that caused the 2008-09 recession, namely financials and construction, are still 60-75% below their 2007 levels and simply do not have enough room to fall by the same degree.  

However, I would also like to change a statement in the prior article.  I had stated that housing cannot fully correct until the Fed Funds rate is at least 3%.  It is now apparent that the Fed Funds rate may not go above 3% for a very long time, on account of the Technosponge, so instead I would modify the concept to say that housing cannot bottom until the median Baby Boomer is 70 years old, which will be in 2025.  That is correct - US housing prices will not bottom until 2025.  Longtime readers may recall that I called the Housing Bubble way back in April of 2006 and predicted a 20-year slump, back when it was considered blasphemy to utter such a thing.  

Furthermore, I would like to reiterate that even when this recession ends, the economic recovery will be weak, just like it was after the 2008-09 recession, and a large part of this is due to The Misandry Bubble.  There will not be a strong economic recovery without a direct and ferocious confrontation of the misandry that currently pervades the US government, and hence socioeconomic medium.  

Lastly, while the next recession is estimated for 2017, I can no longer guarantee that the entire period after the current recession will be an expansionary period all the way until 2017.  There may yet be another recession between this on and the 2017 recession as well.  

Related :

The Next Two US Recessions

The Housing Bubble - 20-Year Gains May Never be Repeated

A Future Timeline for Economics

Eight Ways to Supercharge the US Economy

 

Only a Mathematician Could Love the World’s Ugliest Music [Video]

Many mathematicians set their sights on conquering the stock market, with dreams of unbridled financial success. But Scott Richard, who holds degrees in Mathematics, Computer Science, and Engineering from MIT and Princeton University, has dedicated himself to solving problems that matter to the average person. Which confusingly includes using mathematics to make another attempt at composing the world's ugliest piece of music. Um, thanks Scott? More »


Urban Beehive Makes Bee Stings Seem Really Sexy [Food]

I applaud Philips for the sleek design of their Urban Beehive concept, and its attempt to combat dwindling bee colonies by encouraging those living in urban areas to maintain a hive at home. But I don't think it's the traditionally boxy design of your standard beehive that are keeping homeowners from adopting their own colonies. As safe as the practice can be, people are still afraid of bees, or more specifically, bee stings. More »


And of Course This Viewfinder Business Card Belongs to a Photographer [Image Cache]

Freelance photographer Hugo Fernandez wanted a distinct business card that quickly and effectively told people what he did for a living. So Low Ink Studio created a transparent card that simulates what you see when looking through the viewfinder of a camera. Except that instead of details on exposure and settings along the bottom, his phone number and email address are listed. More »