Crisis? What crisis?

Of course we have a crisis, people lose jobs, companies go bankrupt and all explained on the basis of greed, lack of regulation and wall street walking on clouds. Some people argue that the good times was just an illusion. Well, if the economic growth, wealth creation and the excess profits of the last few years were an illusion, shouldn't then an illusion's fall and demise also be an illusion? That's the only logical conclusion you can make if you accept the premise of the illusion.

So it wasn't an illusion and we have a real crisis which means we did have real growth and wealth creation. Is it simply changing hands now in which case the crisis is a process of wealth reallocation and ensuing disruption? Or is wealth actually destroyed at a level below the one that existed before excess growth building began?

Physical wealth in the US, Europe and Asia is not being destroyed. We are not experiencing a World War. With the exception of oil depleting and a climate changing, bridges, roads and buildings are still in place. So the major destruction is mainly happening to the intangibles. That's why prices fluctuate like crazy.

Isn't the creation of intangibles, however, infinite? If you look at history and also believe in human nature then you must accept its ability to create new intellectual words out of old ones.

I am optimistic. To those who argue previous wealth creation and economic growth was just borrowed time and an illusion, I rest my case.

Crisis? What crisis? It's just an illusion!

http://www.thinkaloo.com

Make regular shoes fit for ice walk

I need little spikes to come out of my shoes when I walk over ice. I don't want to be wearing big boots or add crampons, just my regular shoes. Crampons do the job but don't match my clothes or fit into my high heels. Is it too much to ask for style and ice functionality in a regular shoe?

http://www.thinkaloo.com

Facilitate space debris collection

Make all spaceship and satellite equipment from material that transmit their exact location. Develop a website, perhaps only NASA can do that, which monitors their orbital fall back to earth. By giving out the exact location of their fall on earth, space enthusiasts will go collect them. If they fall in remote places, the locals can pick them up and sell them via auction on eBay. NASA will certify the authenticity of recovered items such as an astronaut's glove claimed to be Neil Amstrong's or a screwdriver belonging to Yuri Gagarin. When facing budget cuts, NASA can collect the items itself and put them for sale on eBay to raise money for its programs:)

http://www.thinkaloo.com

Trampoline Elevator

This thought was posted on Thinkaloo on 4 April 2008 by member miki

Visit www.thinkaloo.com, our new online community where you can share your thoughts and knowledge, discuss your ideas, ask questions and meet smart people

---

Sorry my English not very good. I am industrial engineer from Japan. I thought in class many years ago when talk about problem with elevator free fall. What about trampoline at bottom of elevator tube? Ha-ha! If break and fall it bounce back and save your life. Joke no! Sorry my English. Thank you!