Thoughts about the future, world, and technology

"The High Mobility Artillery Rocket System fires the Army's new guided Multiple Launch Rocket System during testing at White Sands Missile Range" (Wikipedia/M142 HiMARS). Russian propaganda claims that Russia doesn't need anybody in the world. And another thing that Russian propaganda highlights are that the Russian government can maintain a mercantilistic economy forever. In that case, the money will surround Russia, and there is no importing trade at all. When only international trade is exporting gas and oil. That thing means that the government has just income.  The fact is that. Authoritarian governments can continue force and violent policy against other countries longer than republics and democratic countries. But the fact is that sooner or later even the most authoritarian governments lose their ability to go to war. If the war machine loses lots of men and equipment. That means there is always an end. No army has an endless store of equipment and men. If ther...

1) The housing market crisis is brewing again. Payment difficulties for those who have taken out jumbo loans have increased in the USA. And those kinds of loans are taken for housing. So those people are bought homes, but then they cannot pay their loans back to the bank. That thing causes problems.  Because even if those homes are foreclosed for banks. That thing doesn't mean that the bank ever gets its money back. Banks must sell those apartments. That there is even a possibility to get the money back. And if nobody offers enough the rest of the loan turns to bad debt. If there is enough bad debt that can cause bankruptcy for banks. That causes bank crises. And the trust in markets is gone. When that loss of trust in economics happens in a large- worldwide economic area or area that has a big influence on the world's economy, it can cause the situation. That this area pulls the entire world into an economic downturn with it. The fact is that a financial boom and an economic u...