Word: systemic
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...people like Alan Greenspan and saying, 'We'll just trust you because you said it's O.K.' - I don't think anyone is going to do that for another 50 years, until we forget about this mistake. All of the people who were running central banks allowed the financial system to become so large and leverage to become so pervasive. That they allowed banks in Iceland to become 850% of GDP is crazy. The Royal Bank of Scotland had the largest balance sheet in the world for a while. That made no sense...
...turns out that our solar system is moving nearly 100,000 m.p.h. faster than previously thought - revolving around the center of the Milky Way at 568,000 m.p.h., announced Mark Reid of the Harvard-Smithsonian Center for Astrophysics on Monday at the American Astronomical Society's conference in Long Beach, Calif. Since velocity is related to mass, the 15% increase in solar-system speed translates into a near doubling of mass of the Milky Way, according to Reid's group - and all of that newfound bulk is composed of dark matter...
Original estimates of the solar system's speed were based on what Reid calls "one-dimensional velocity" obtained solely from Doppler shifts. "Now," he says, "we have three-dimensional velocity and more exact measurements" - a huge advancement in the field. The findings debunk the notion that the Milky Way is a little-sister galaxy to her neighbor Andromeda. "They're more like fraternal twins," Reid says. And the fact that they are of equal size increases the likelihood that the two will someday collide. (See the Top 50 space moments since Sputnik...
...most detailed map to date of the galaxy's spiral arms. Pohl's map establishes that there are two symmetric arms in the inner part of the galaxy that branch off into four - answering a question that astrophysicists have grappled with for 50 years. (According to Pohl, our solar system is located near one of the branching-off points, about 28,000 light-years - or 168 quadrillion miles - from the galactic center...
...criticized as “disproportionate and inappropriate” because so many civilians in Gaza have, sadly, been killed in the operation. What this sort of calculus ignores, however, is the tens of millions of dollars Israel has invested in bomb shelters throughout the south, the early warning system it has installed, and the mass migration of Israelis from their homes to avoid the murderous rain of rockets falling daily from the sky. Civilian deaths are horrible and tragic, but to suggest that death ought to be the only measure of “proportionality” ignores...