Gongol.com Archives: February 2016

February 17, 2016

"Millennials' political views are...at worst, totally incoherent"

An incredibly important takeaway: "Forty-two percent of Millennials think socialism is preferable to capitalism, but only 16 percent of Millennials could accurately define socialism in the survey." As a cohort, they're not necessarily alone in their economic illiteracy -- but we as a country should be ashamed that we haven't gotten better over time at teaching people the fundamentals of economics. That's exactly the type of thing that we should be getting better at teaching all the time -- and it would appear from the outcomes that we're actually getting worse.

70% of Saudis are under age 30

And there aren't any jobs, especially now that oil prices are crashing and the government is running out of ways to subsidize employment. This is potentially a nightmare scenario for extremism -- nothing is more destabilizing than lots of young people with nothing worthwhile to do. The Saudi government may very well find itself extinguished by the curse of oil wealth. Resource bonanzas are a terrible thing if they aren't managed wisely in the boom years.

Ransomware cripples an LA hospital

Cyberwarfare is everywhere

Paul McCartney, Woody Harrelson, and Beck try to walk into a bar...

The three were rejected from a party around the Grammys because the bouncer didn't recognize them. The look on Beck's face is hilarious.

An eye-opening view of the political climate

Some of the possible factors feeding into the frenzy for Presidential candidates who don't make any sense. Make no mistake about it: We're in dangerous times when more than a third of Trump supporters identify with white nationalist views.