Thursday, February 27, 2003

PowerPC 970 Running At 2.5 GHz [MacSlash: A daily dose of Macintosh News and Discussion] 7:28:16 PM

Apple releases Keynote update [MacCentral] 7:27:55 PM

QuickTime Broadcaster updated [MacCentral] 7:27:34 PM

World economy headed for catastrophic meltdown?. "As strong as our economy may still seem to everyone, it's actually rife with weakness. The only thing keeping it afloat right now is a mass societal consensus that it's going to be O.K. How long can that hold?" -- Robert Prechter, February 2003 "The world economy is about to turn for the better." "We have reached the bottom." "The downturn is slowing down." The naive and overly optimistic comments on world economy made by economists and politicians have been reported with headlines like "Have We Reached the Bottom?" and "IMF Upbeat On World Economy". But economists and politicians have a vested interest in the Big Lie: they are paid to produce good news, not to provide objective economic information. Almost nobody hires an economist who predicts bad times ahead. Voters don't vote for politicians who promise worse times. They both try to support the idea behind the quote above. But Bob Prechter is one economist who is not afraid to warn about a possible worldwide economic crash. [kuro5hin.org] 7:43:34 AM