Russia's telecom and iron profits return to Russia. Good move after Russian devaluation of almost fifty percent. Only can go up in value? How to double your personal wealth in days. I guess its time for Putin to do the same. Perhaps that has been the point of it all anyways? You place your money outside offshore, then create a ruckus inside the country to get devaluation, then buy double what's inside the country while in a good position to raise relative values once more by behaving. As oil prices rise and the rubble strengthens you once again invest offshore. Then you attack the Ukraine once more. After doing this a few times you own 95 percent of Russia?
Saturday, 20 December 2014
Friday, 19 December 2014
Wednesday, 17 December 2014
Friday, 12 December 2014
Thursday, 11 December 2014
The $6.5m canyon: it's the most expensive photograph ever – but it's like a hackneyed poster in a posh hotel | Art and design | The Guardian
Maybe the author of this Guardian piece might realize that the price people pay for an image has less to do with the notion of objective artistic quality and more to do with misunderstood forces that shape motivation and the real world of psychology, sociology and economics. Probably, the purchaser was a drug lord monetizing and legitimizing a laundering operation. As an outlier, the price of the photo is a forgery hiding another reality. That is not to say beauty cannot be made iconic by purchasing an ordinary photo for millions. Someone has started the contest and ended it in one operation to deceive bureaucrats that think value is always a realized price, yet fail to see the transaction as a slight of hand intended to hide real purposes and values unaccounted for in the imagination of the government official. Such rule breaking leads to absurdities in a modern world where normal events bear little relationship to realities hidden below the surface.
Subscribe to:
Posts (Atom)
YOU HAVE REACHED WOOH'S STREAM
The Internet User's Best Kept Secret
Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
... more!