The Big Picture

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• Credit booms: implications for the public and the private sector
• The Writer Automaton of Switzerland
• Marissa Mayer Has Completed Step One
• Screw it, I’m all in!
• 10 Thursday AM Reads

Credit booms: implications for the public and the private sector Posted: 06 Mar 2015 02:00 AM PST

The Writer Automaton of Switzerland Posted: 05 Mar 2015 05:00 PM PST Source: YouTube h/t Chonday From Chonday: A 240 year old doll that can write, a clockwork creation by Pierre Jaquet-Droz, a Swiss watchmaker. The doll is able to write any custom text up to 40 letters long, and it uses a goose feather to write, which he inks from time to time, including a shake of the wrist to prevent ink from spilling. His eyes follow the text being written, and the head moves when he takes some ink. You can view this doll in person at the Musée d’Art et d’Histoire of Neuchâtel, in Switzerland.

Marissa Mayer Has Completed Step One Posted: 05 Mar 2015 12:00 PM PST Source: Medium

Screw it, I’m all in! Posted: 05 Mar 2015 07:30 AM PST Source: EcPoFi

10 Thursday AM Reads Posted: 05 Mar 2015 04:15 AM PST Another snow storm. * Sigh * Hopefully, our morning train reads will help you through the rest of our winter of discontent: • What happens when US rates rise? Three Scenarios (Medium) see also The Blueprint for a Bond Bear Market? (A Wealth of Common Sense) • Janet Yellen, Forecasting Ace (Real Time Economics) • Passive management vs. saving more (Noahpinion) but see Yale Sticks to Endowment Model, Despite Critiques (Chief Investment Officer) • U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes (Bloomberg) • No, the Banks Aren't Losing (Pro Publica) Continues here

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