Loved the graphics. But for ‘history’ this seems a bit too loose: too Euro-focused, too vague about dates and specific contributions. For example, they seem to claim that somehow the French and English contributions were equal to that of DARPA/ARPANET. My understanding (admittedly 3rd hand) was dramatically different. I’d like to hear if someone out there has a reference book or url that they feel has a more detailed history and chronology.
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
January 10th, 2009 at 4:02 pm
Loved the graphics. But for ‘history’ this seems a bit too loose: too Euro-focused, too vague about dates and specific contributions. For example, they seem to claim that somehow the French and English contributions were equal to that of DARPA/ARPANET. My understanding (admittedly 3rd hand) was dramatically different. I’d like to hear if someone out there has a reference book or url that they feel has a more detailed history and chronology.