Well negative interest rates could be appropriate for negative economic growth. So if we never allow for negative interest rates we never allow for negative economic growth.
But if we ever want to achieve singularity, we have to allow our economy to shrink to (zero).
So is the risk of an tsunami so low there that it is considered safe to have fully loaded oiltankers idle off the coast, or would this be not a problem for those tankers?
The way tsunamis affect different locations is quite interesting! The wave length (distance between two peaks/troughs) at sea can be hundreds of kilometers long, a tsunami could pass under your tiny boat while out at sea and you wouldn't even notice it. It's only as they approach land that the shallow depths force the wavelength to shorten, forming the giant waves we usually associate with tsunamis.
So i looked at this map http://www.charts.noaa.gov/OnLineViewer/11323.shtml and the water depth seems to be about 60 feet if i'm doing it right, i don't know if this is considered safe in such cases or how long they would take to reach a safe depth. Guess it just makes me uncomfortable to have them idle there fully loaded to make a better buck.
I don't think there's ever been a Tsunami in Galveston Bay. Now hurricanes... Like another poster said, they're safer out there than closer in, and having them inside the actual Galveston bay would be incredibly dangerous due to congestion.
About 66 million years ago there was probably quite the Tsunami in Galveston Bay. Courtesy of the Chicxulub impactor.
But you might be right, I'm not really sure what the landmasses looked like so long ago. Also I don't think the place was actually named "Galveston Bay" at the time. :)
For big ships, idling off the coast is exactly where you want them during inclement weather. They're big enough that waves aren't really an issue - it's getting battered against land that's the problem.
This is interesting. I have written a django backend written for an organization already having a wordpress site. Having never written a piece of php code i must ask: Are you aware of any resources that could be particularly helpful for the php/wordpress part? Or is it more like embedding a lot of javascript into your wordrpess site?
I write functions to interact with the REST api in PHP and use them in theme code.
Lets say you have a page for location based doctor search. When the search form in this page is submitted, wordpress makes API calls to django backend where real search happens and a list of doctors is returned to wordpress. Wordpress then genereates html and send it to the browser.
Similar process for dislaying a specific doctor details.
The CRUD and other application logic for doctor data is handled in Django. And with rest API you can then create a web based UI or a mobile application.
Those discussions always seem to miss the point.
I think it is really obvious that our economic system struggles with stagnation, but really seems to break if an econmy (god forbid) shrinks for whatever reason.
If not for that constraint i guess economies in western countries would have already shrunken quite a bit due to automatisation. For me the cause seems to be to a fundamental bug in our intertemporal trade system.
