Thomas Guy

Google Research Balloon Crashes Into Front Yard: LAist

A fifty-foot Google research balloon fell from the sky and crash-landed into an innocent palm tree. Source: Google Research Balloon Crashes Into Front Yard: LAist

China is dumping U.S. debt

Well, then… Would you like a mint? I love mints. America’s biggest economic rival is selling off U.S. Treasuries in a bid to save its sinking currency. Source: China is dumping U.S. debt

“Non-Prime”: the New Subprime Mortgage

Here we go again. Let’s just go back to 2007 shall we? Behind that picture of a $2.95 million home in Manhattan Beach, California, were hints of something darker: liar loans, those toxic mortgages of the subprime era. Source: Liar Loans Redux: They’re Back and Sneaking Into AAA Rated Bonds – Bloomberg Business

Silence Intensifies

I, I — I just … I just don’t even know any more. Flip flop sandals made of grass. An ever-present reminder of the current drought, and of man’s capacity for cruelty. Grown in Venice Beach.

China to Cut 300,000 Troops

Did we just win WWIII? President Xi Jinping offered an unexpected olive branch by saying China would cut its troop levels by 300,000. That would streamline one of the world’s biggest militaries, currently around 2.3-million strong. Source: China puts on huge show of force at parade, to cut troop levels | Reuters