Amazon to ditch Oracle software by 2020

by pinpinbo https://www.cnbc.com/2018/08/01/amazon-plans-to-move-off-oracle-software-by-early-2020.html Considering that Oracle database is extremely pricey and priced per CPU core, I think Amazon could make a substantial savings here. Edit: I am having too much fun here. Note that I’m pretty sure Amazon gets a …

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As The CNY Goes, East Asia Goes… Maybe

Editor’s note: This article was originally published on August 5, 2018, by Menzie Chinn here. For whatever reasons – capital outflows, PBoC non-intervention – the yuan has depreciated substantially since the Trump administration has announced Section 301 actions against China. This …

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Federal Deficits Are Worse Than You Think

via Mark Brandly Voters tend to be rationally ignorant. Since a single vote does not matter, for most potential voters, the cost of being politically well-informed is greater than the benefit of being knowledgeable about political affairs. Therefore, it’s rational for most …

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NASCAR CEO ARRESTED!

ASCAR chairman and CEO Brian France will take a leave of absence from the sport his family founded after he was arrested for driving while intoxicated in Sag Harbor, N.Y., on Sunday night. The Sag Harbor Village Police Department said in a …

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Millions drop off food stamps

Watch the latest video at foxbusiness.com The number of people collecting foods stamps has dropped tremendously since President Trump took office, according to the latest numbers from the U.S. Department of Agriculture (USDA). More than 2.8 million have stopped participating in the …

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Why the Boomers Are Going Broke

by Bill Bonner POITOU, FRANCE – We were taken aback on Friday by the ferocity of our dear readers’ comments. [Read more in today’s Mailbag.] What were they so sore about? we wondered. Son of Satan Of course, we are frequently …

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