Thursday, 22 January 2015

blood simple

Nature features a rather ghoulish study that rather upholds what vampires apparently knew all along: that fresh blood seems to have the potential of revitalising old vessels. Conjoined twins—or in this case, two lab rats spliced together so that share one vascular system, demonstrate what’s called parabiosis and is an experimental arrangement, which despite having provided insights during the 1970s about immunology and endocrinology, fell out of fashion. Now, however, researchers in the field of gerontology believe that they are witnessing a sort of rejuvenation of organs and tissues. Being paragons of caution and not be led by their imagination, they emphasise that they are not reversing the ageing process but rather—merely—“restoring function.” While it is an interesting historical look at these techniques, I suspect whatever distinction is supposed to be there is lost on the closeted undead and traffickers.

parity, parody

For more than a decade, the euro has outpaced the US dollar—consistently rising from a worth of under a dollar to this present inverted affair.

Though some may argue that such baited and contentious policy decisions are already figured into the markets and exchanges, others anticipate a precipitous fall in the worth of the euro against the dollar, perhaps settling at 1:1, should the European Union decide—be sold on—unanimously to introduce what’s called a bond-purchase programme. The plan (EN/DE), according to those in the know, provides for around fifty billion € in debt underwritten by reserve banks per month, and is just a dressed-up (or dressed-down) of the quantitative-easing (printing new money in order to cover old obligations) that’s been the standard-practise of America, Japan and the UK for decades. The EU has been philosophically and constitutionally opposed to resorting to such ends—even when things looked their bleakest for the Eurozone, but I suppose now do not want to be seen as kicking the can down the road, merely deferring future crises by not being bold and robust enough with the recovery. I think it is also a path not to trot down, but what do I know? Some of the same sagacious individuals point to the monetary policies of those countries above as having a net positive effect, since it served to keep the value of those currencies artificially low and thus favourable for foreign trade; Germany and Europe’s other industrial producers would benefit from more attractive exports.
Wage stagnation and inflation also seem to accompany this maneuver, no matter how good it is for trade. Though there are certain expectations and cursory discussions that seem to point to foregone conclusions, all nuance may not yet be exhausted or explored. Germany is rather vituperatively opposed to committing to quantitative-easing in its current form, seen as enabler and co-morbid with inflation and irresponsible governance. So that Germans tax-payers are not seen as liable for the weaker economies that can’t repay their debts under this latest scheme, two ideas are under consideration—either managing the whole programme through the ECB in Frankfurt or making national reserve banks accountable to the disbursement and repayment of those loans—essentially monies owed to themselves. What do you think? Does just spinning gold from straw become eventually too tempting?

Wednesday, 21 January 2015

resolution of dream and reality

Neatorama curates a very fine exhibition of the “magical realism” of Toronto illustrator Rob Gonsalves. The disorienting transitions and liberated use of perspective are a story in themselves and have appeared in children’s books but I believe the imaginations of adults respond to these images just as well, which reflect all the artists attested influences—the surrealism of Salvador Dali and MC Escher. Though I am sure that there are other originals (Max Ernst or Renรฉ Magritte, for instance) and derivative examples out there, I don’t think I was capable of really latching on to any other representative image for the genre aside from those two above but maybe now I have another touchstone. Check out the links for a whole gallery of Gonsalves’ artwork.

cracker-barrel or bravado

In response to the terrorist attacks in Paris, the farce protection level on military installations, which is I suppose a reliably prudent step to take, have been raised a tick.  Like DEFCOM, this threat-com scale ranges from Normal to Alpha, green and tranquil and I doubt if the American public, fed so long on roughage, could ever again stomach such relaxed protocols, to Bravo, blue but guarded, a more or less perpetual state of vigilance that’s sort of the settled equilibrium struck in the years following 9/11, on the lower end.
Charlie, yellow with enhanced measures to be deployed, is the next step—with Holy Hell Delta to follow. The level, however, was elevated to Bravo-Plus, whatever that is. Nous ne somme pas Charlie… I almost wonder if that weren’t on purpose and what exactly the message is supposed to be. Maybe it is so that all those blatant reminders need not be replaced yet. They’ve breached that level before, of course, after the 07/07 attacks in London or when mobilization was up-tempo again on Iraq (you break it, you buy it) and people still weren’t quite running around with their hair on fire and losing their wits, but then seemed also to have a touch more sympathy and solidarity. Is this sort of colour-coding, dipping the banners just a gauge of how likely we are to escape by the grace of dumb-luck or providence, which have foiled more diabolic plots than intelligence and command-and-control? Moreover, I’d venture that the latter has incited more incidents than its prevented.

Tuesday, 20 January 2015

poki-poki or irregular polygons

I did not realise that Japanese has a wealth of onomatopoeic words that not only mimic the sound of things but also the texture and shape of things—sort of like zig-zag in English but I imagine more evocative, and much less did I guess that they could be expressed so intuitively, in chocolate form.
Phenomimes (gitaigo ๆ“ฌๆ…‹่ชž) they are technically called, those words that manage to impart this sort of directional, tactile meaning. That, however, is precisely the geometric proof given by the award-winning design studio, nendo, in the Parisian trade show annual competition, Maison et Object. At the link, you can learn more about this textured words and how their meanings ring perfectly in context.

lucas with the lid off or to speak franc

While I cannot say for certain if this studied, lucid article from Quartz transparently lays out absolutely everything one need know about the Swiss decision to untether its currency from the euro, but I believe it is a very good and accessible primer. With economic crises unsettled elsewhere in 2011, the CHF became quite an attractive berth for one’s cash—leading to weakened exports and relative, domestic inflation, and in order to hold the exchange rate at less seductive levels, the Swiss federal bank began printing more money to buy up foreign dollars, euros and roubles to keep matters in check.

That’s really the only way a nation can interview to control exchanges rights—it cannot issue a mandate for price controls but only act indirectly. Arguably, it is the same pyramid scheme that the US Federal Reserve is chancing to shore up the dollar—although America is doing so with the repurchase of its own debts rather than foreign currencies but both vehicles may fail to retain their worth meanwhile. The huge amount of Swiss wealth converted to euros, et al gives the franc grave exposure, meaning more deflation and trade problems, especially with the concession to standard operating procedures elsewhere that the European Union may allow for quantitative easing (printing money) itself in order to prevent an ailing Greece and a fit but scorned Iceland from leaving the Euro-zone.