This morning my brother asked me to tell him what I thought about the news reporting of the Greek issue, he asked about what are the alternatives. The only alternative I see is default, but I wanted to share some background and my views.
Currently the Greeks have a massive public debt because of massive public spending beyond any reasonable amount. Over 60% of the Greek workers are employed by the state, so less than 40% of the population pays for over 60% plus those on state support (pensions etc). Greece imports the majority of its fuel and manufactures very little beyond food. Tourism accounts for a significant portion of income but not so much to balance the entire economy and it has some ups and downs which would add risk.

Greece has been borrowing money since the late 1800s, each time they get close to paying it off some other disaster befalls them and they need another loan. They borrowed heavily after WWII and defaulted (as well as defaulting to some degree a few times before as well), so when they asked for another loan they ended up paying about 120% interest, it was like the other countries were being loan sharks. They are still paying loans with massive overheads and poor terms.

If Greece defaults it is far worse for France and Germany than for Greece, France and Germany have the greatest exposure, the top five French banks would be crippled if Greece defaulted. The Greeks import almost no food and while fuel might get very expensive they are already thrifty (almost no one has more than a 1.6L car) and almost all water is heated with solar boilers. The biggest problem would be currency devaluation for a decade (because they would have to go back to the Drachma), but there is enough import of foreign currency through tourism to help offset it. They have to stop public building projects and lay off lots of public sector workers, but these people are just a stone round the neck of the rest of the people because many of them aren’t productive because they effectively have “Job For Life”.

They have already started getting serious about corruption, so that should help a great deal, but corruption is endemic!
Every Greek born has €31,000 of public debt.
Unemployment is 43% among 15-24 year olds.
Every Greek will evade an average of €3,000 in tax in their lifetime
Europe has demanded €50bn of public assets to be privatised or sold (20% of GDP).

In my opinion Greece should default, and the state should start operating just with New Drachma, don’t convert savings from Euro to Drachma but the government should only pay out in Drachma and should insist on taxes being paid in Drachma. State industries should only accept Drachma. They could sell their assets but it wouldn’t achieve anything. Most of the phone network is owned by the German telecoms company. The power company has an aging infrastructure and horrible regulation which no one would pay much for. Many of the major road developments are already PPP. They don’t have enough assets to sell at a good value! Tourism and natural circulation would restore the value of the Drachma in a decade or two, there could be inward investment and with restricted ability to import products there would be a boost to local industries/production!

In addition: after the push to get Greece into the Euro they fudged their economic data once in to show they were maintaining their financial performance, it was only later, after they were well embedded that it was realised.

My partner and I have often discussed that despite being declared the “home of democracy” the Greeks now have neglected their duty and forgotten about what it really means to be democratic. I believe also they are negligent because they don’t have independent checks and balances. Politicians have the right of asylum in parliament rather than the idea that they should fear even more because they are in the home of democracy! Greek higher education believes it is impure to mix business and academia, they don’t leverage their massive assets (even the waiters in the cafes in Greece have a Masters or higher!) and universities don’t even know what an “Enterprise Unit” is. The agricultural school sells their excess stocks because they have more than their canteen can handle, but that is a rare exception!

Hope that gives you an idea. Every one in Greece seems very subdued and depressed at the moment, but they are getting on and trying to live their lives with an average of 20% less money in their pockets.

OK, I had this idea a wile back and I finally got round to designing the concept, I don’t know if it would fly, but I think it is quite neat. Fundamentally the principle is that people in rural areas are pretty much excluded from the e-Cash revolution on the basis that they don’t have the infrastructure. By rural I am most interested in the way in which people in small villages or remote locations interact, especially in developing countries. We don’t have a means by which we could eliminate currency in their domains, we only have solutions for client server architecture in rich urban settings. Also the proposal for NFC is being built around expensive smart-phones which also doesn’t help the poorer in society. So I designed a device which should be cheap (~$10) and which can be used without being dependent on infrastructure.

I did a PDF to illustrate the Portable Currency Device concept.

Having previously worked in education and still maintaining an interest in life-long learning I find it interesting to read what people have to say about the state of modern education. Regularly I see tweets and blog posts from the likes of @Euan and @MMetcalfe about teaching and learning. Not specifically from the aforementioned people, but one thing I often hear maligned is lecturing, the process by which teaching is done from the front and experience is shared, essentially lecturing to the audience. This is in compliment to the Socratic Method, in which lecturing is used with questioning to establish a pattern of feedback to measure student understanding and pace.

Recently The London Evening Standard has been doing a series of articles about literacy in London and how it affects us. Apparently four in ten job applications are now rejected on the basis of poor grammar and spelling and I saw this in action when I was lecturing because I would mark reports that I could barely understand. I was occasionally told that I shouldn’t mark a student down because of their ability with English but I never respected that view, if you can’t communicate then you deserve a lower mark people need to be driven to success. I’ve often discussed this with friends and family, and it seems to me, and a few others, that one of the biggest problems that we are having today is discipline and respect. I don’t mean in a Victorian punishment kind of way, but in terms of the way those in authority are respected, or not as it seems now. No longer are teachers and the police given the veneration that they need to do their jobs. Parents and guardians no longer tell their children that they must respect and obey teachers and policemen.

Now, I know there have always been disruptive students, there have been since the beginning of time, but once upon a time students knew who the boss was and these days it is politically incorrect to have a boss. I am not the most disciplined person in the world, but I know who is in charge and I like to think I also know how to take some authority when needed. Learning the basics of language really takes routine and practice, boring repartition and positive re-enforcement. Sometimes children need to sit down and try, and fail, and then try again because if at first we don’t succeed… Looking from a far there is a great deal of effort going into finding ‘alternative’ ways to teach children, when actually if that effort was spent doing boring stuff then the children might learn the virtue of doing mundane tasks. Because there are virtues in learning to do mundane tasks that a person in authority requires you to do and you shouldn’t always question authority.

Of course children need to be educated in critical thought, analysis and debate, I feel this more now than I have ever done, but they must also learn about self-discipline and motivation. In school my Design and Technology (metal and woodwork) teacher, who was very much old school, insisted that we couldn’t leave the class at the end until we had correctly answered a multiplication-table question. This forced us to look it up and learn them, otherwise we wouldn’t be able to leave and we would be a little embarrassed. Some might see this as bullying, I don’t, I think it was a cleaver way of motivating us and remember this man wasn’t a maths teacher he was just a man passionate about ensuring we had the right level of numeracy, which is more than I can say about some mathematics teachers I have known.

Perhaps I am getting more conservative in my old age (;-) but I look at society and the way that the suitability of employment candidates has fallen in recent years and I think it is a shame. I want the world to thrive and I don’t want the Western states to become the new third-world. Remember that in many third world countries children can’t all go to school but a child will do as much as they can just for the chance to be educated, yet in Europe they children will happily commit crime just to avoid going to school! So, I believe parents need to take an active role in ensuring that children respect teachers and uniformed authorities, this is quite controversial in itself and then I think teachers need to start concentrating on getting the basics sorted through routine not through time-wasting creativity. I feel teachers should be inspiring through their leadership and enthusiasm, not so much through dressing up and entertaining students, after all teaching should be engaging but it doesn’t have to be entertaining. It would take years to get back into some sense of order in schools, but perhaps then students would start turning up at higher education who can actually write something which makes sense and companies wouldn’t have to do remedial education for their students.

Also, testing and exams might not be pleasant and they don’t represent everyone’s abilities, but when combined with practical work and essays I think they are effective measures of students. The idea of not being competitive at schools is ridiculous, I want people to be acknowledged as being a bit thick so they can be motivated to succeed. I wasn’t much use at sports, but discipline forced me to participate more than I would have done of my own free will and I even found some things I was good at in sports. Everyone has something they are good at, I believe this, but some people are better than others. This doesn’t have to be a Plutocracy in which success is dictated by wealth, but it doesn’t have to exclude people from doing well and it seems to me that it is unacceptable to push one group ahead because it might offend those who are less able.

That is my rant, you are welcome to it.

My brother saw a link I posted about Britain’s Trillion Pound Horror Story from Channel4 and was inspired to Blog about it:

http://blog.hannent.eu/2010/11/holidays-paid-for-by-me.html

I was so concerned when I saw the original video and now I am absolutely flabbergasted that this MP believes we should be using our money (the taxes we pay) to fund holidays for those on benefits. If the old adage is that “a change is as good as a rest”, then these people don’t need a change because they already have a rest. I am sorry if this seems mean, but while my brother hasn’t had a real holiday in nine years and we (my partner and I) have to work long hours for our breaks.

I feel that we cannot continue in the way we have for the past three or more decades, and none of the governing parties are offering anything more than just squeezing everything we have (and didn’t really ask for). And while we are at it, just because the children ask for something doesn’t mean you should give it to them, so if we did ask for the extent of government involvement we shouldn’t have been given it because at the end of the day ‘the people’ are children! The government doesn’t need to tighten budgets it needs to do what any company in serious trouble would do, reduce its scope. If you aren’t successful as a company (we do call it UKPLC!) then you don’t just slim down the budgets, you should downsize!

So, where is the proposal from a serious politician to deal with the national debt and not just the budget deficit?! Where is the proposal to deal with the £4,800,000,000,000 of debt? (count those zeros!) The £77,000 that is on the head of ever man, woman and child in the UK!? I want to see some serious action, no matter what the political difficulty. I was really ashamed of the way the government dealt with Lord Young recently:

http://www.bbc.co.uk/news/uk-politics-11798366

This is a man who has seen so much and has so much experience, if he says we’ve ‘never had it so good’ then I am inclined to agree. With all the social services, and this massive government debt how could the nation have anything but an easy life. Especially as the minority of the population are actually paying for the majorities lifestyles (watch the Channel4 documentary if you don’t know). The government couldn’t publicly support Lord Young because the media wouldn’t let them, the media wants to pounce on any deviation from the previous message of austerity and drama. Quoting Gary O’Donghue, Political Correspondent for the BBC:

“…his unguarded comments threatened to undermine months of carefully-honed strategy aimed at persuading the public that ministers felt your pain and that we were all in this together.”

So, driven by the journalists, the innocent man was hung out to dry because the government couldn’t admit to the public he was right. The news hounds shape the politics and the politicians are too fearful for their jobs to do what needs doing.

How can we resolve the situation? What can be done to solve the trillion pound horror story and give it an outcome that allows us to sleep well at night!?

So, let me get this straight:

 

  • Google sent cars driving around the world to gather data about the areas they pass through.
  • Amongst things they captured:

 

 

  1. 3D topographical data
  2. Panoramic photographs
  3. Wireless signals
  • They sniffed for any wifi signals that were being broadcast in the proximity and captured the raw signal.
  • Some people don’t have security enabled on their wireless networks
Thus, because Google sniffed whatever was about and because some people don’t use security on their networks their information was gathered. It was gathered in much the same way that anyone could and frankly these people who were snooped were broadcasting their details to anyone who could hear.
Last time I checked it wasn’t illegal to receive/record broadcasts, let alone those that are unencrypted! The entire process of prosecution of Google for this is a preposterous farce which the press can enjoy and which can give civil servants something to keep them occupied.

 

There is a theme running through the questions that I have been asked lately about some aspects of technology and that is the questions as to if a new technology will “dominate”. Now, I’m not talking new tech of the class like “the mobile phone”, but I am talking about some new gizmo, new software structure, or new web-based service. In this article I want to comment on this phenomena and what I think of it:
Continue reading “Giant Killers in Technology”

I know that winter comes as a surprise to so many people, one moment it is sunny and the next it’s really quite cold. Then all of a sudden strange white stuff falls from the sky: what a surprise! Who would of thought that in the UK the temperature could drop bellow zero in winter?! I am sure it didn’t used to happen like that.

An open and sarcastic letter to my council, but it might easily refer to any other from what I have seen…

 

Continue reading “Asking Surrey Council for help”

Before Christmas I had a parcel to send to Greece, rather than abuse the company TNT account I decided to send it myself and that the safest way to send it was with good ol’ Royal Mail ParcelForce. Mistake… click ‘read more’ to hear my tail of woe..
Continue reading “ParcelFarce Fail!”

Welcome to Us in Orbit.

This site is a personal blog and article site for Bob and Angeliki, it doesn’t attempt to document our lives but aims to be a vent for thoughts and information.

I (Bob) was formerly a lecturer before being tempted back to industry, but I like to offer my assistance to anyone who has an interesting question. So if you have some challenges, if you want my opinion then please contact me and I will consider publishing a response. I would also like to offer consultancy on a commercial basis if you are venturing into areas where I might be useful. Students are welcome to pose me questions related to their studies, although I don’t expect to be doing your work for you and I will be unlikely to provide references sufficient to make my words truly authoritative.

Many thanks,

Bob


On the business social network LinkedIn the question was posed by Steve Cohn of T-Mobile:

Can TV be replaced as a form of entertainment, and with what ?

And amongst the other answers I wrote the following which I shall share here:

“To provide some background: I work for a company that makes Digital Television receivers, I previously lectured at a specialist college in broadcasting and I also worked for the BBC (among other broadcast companies).

After all this, I don’t own a TV and the result is that both my partner and I couldn’t be happier. This isn’t to say we don’t watch ‘TV’, we watch some downloaded and on demand content, however unlike most peoples experience with television we are not passive viewers. We actively seek out that which we would like to watch and if nothing appeals we don’t watch anything we do something else.

I think the visual medium has worked for so long (theatre, graphic novels, film and TV) that it will never be replaced because it is the mirror of our lives. However, with the improvement in diversity of choice and the move away from the linear viewing experience (through DTR/PVR time shifting) is creating a new generation who don’t just watch what they want but when they want.

One thing however that will sustain is the fact that for the majority of people (not really represented in the demographic reading here) they are happy with the passive experience because it means they don’t need to think. Many people do like to be told what is good, what is right and what to do. They come home, turn on the TV and just accept that which is fed to them and they are themselves complicit in accepting this.

Fortunately this is being supplanted by the non-linear experience where popularity is dynamically decided by the social network and while consumers might only limit themselves to routinely watching the top-ten selection there is still a greater degree of individual influence and choice. Plus, through the growth of linking and “digg”ing you are seeing ‘playlists’ being composed again and what is effectively the return of the ‘mix tape’ through the sharing of content selection as self-expression.

I welcome any comments on my reply or the question in general.