The US stock market, as a whole, is more than 60% overvalued and is reaching levels that
we've only seen one time in recorded history. In this video, we're going to dive into
this chart. I'm going to explain to you exactly what it's measuring, why it's
important, and what it means for the future of your stock market investments. Coming up…
Hey there! Welcome, it's good to see you. If this is our first time meeting, my name
is Stephen Spicer, and it's my goal to help you build your rapidly-growing, highly-diversified
net worth, one video at a time. This video, in particular, is part of a larger mini-series
devoted to analyzing and really understanding the many signs of an imminent crash and then
ultimately using this knowledge to help you prepare your portfolio - crash or no. To start
from the beginning of the series, click on the link right at the top of the description
below. And stick around until the end, I've created a resource for you that will help
you Crash-Proof your portfolio.
So, the chart you saw earlier is tracking the Q Ratio of the S&P 500. Now, if you know
what the Q Ratio is, you're welcome to go down to the description right now and find
the timestamps to jump ahead of this explanation.
The Q Ratio was developed by Nobel Laureate, James Tobin. It can be used to estimate the
fair value of an individual stock or markets, on the whole. It's a pretty simple, logical
concept, but can be difficult to calculate for entire markets. For an individual company,
the Q Ratio is the company's total price (or market capitalization) divided by its
replacement cost - in other words, its net worth - its assets minus its liabilities - what
it would cost you to simply… replace the business.
Logically, you might think that a 1-to-1 ratio would constitute a fair value. For example,
if you had a company with a $100MM market cap and it would cost $100MM to replace it
or to start an identical company, the Q Ratio for that company would be 1. If the market
cap of that same company rose to $150MM, the ratio would now be 1.5 and might be considered
overvalued since, in theory, you could replace it for a mere $100MM or ⅔ its current price.
On the other hand, if the market cap were to drop to $50MM, the stock might be considered
undervalued as it would cost twice as much to replace it.
I hope that makes sense. If you now have a better understanding now of what the Q Ratio
is and how to use it, let me know by clicking that like button. I really appreciate it.
Now, you can take that concept - that we just applied to one company - and apply it to entire
markets. And, as I said, that's exactly what this chart is: the Q Ratio of the S&P
500 since 1900. So, today, if you were to buy into the S&P 500 as a whole (through an
ETF, for example, an extremely common practice without any additional consideration whatsoever...),
for every $1T of net worth - what you could essentially pay to replace the companies - for
every $1T, you're paying $1.17T - that's essentially what our current 1.17 Q Ratio
is telling us.
Now, even though a 1-to-1 ratio may seem like a fair value, historically, that's not the
case. Since 1900, the average Q Ratio is about 0.69. That means that right now, the market
is 69% above the historical mean, a level that has only been surpassed one time in history
- immediately preceding the Tech Bubble.
Let's run through some data-driven hypotheticals: If the Q Ratio were to revert back to its
historical mean, from today's prices, that would constitute a more than 40% decline in
the overarching value of the S&P 500. A correction to the post-2008 low would mean a 54% drop.
And, just for fun, a return to the 1982 historical-low of 0.28 would result in a cataclysmic 76%
crash.
And, I always like to note that just because that is the historical low, that by no means
guarantees that that's the lowest it could possibly go… only time can tell us that.
Of course, periods of over-valuation can last for years, so the take away here should not
be to sell out of all your stocks and definitely NOT to short the market. This is a long-term
indicator - you just shouldn't be surprised when the market finally does correct in the
near future.
Also, if this were an isolated indicator - if this were the only sign of a coming crash
- I wouldn't give it near as much credence. But it's not. There are so many more alarm
bells going off, that you should at least be aware of. And that's the whole point
of this mini-series. So, don't forget to click the link in the description to see the
whole picture and learn how you can prepare your portfolio, whether the crash comes five
days from now or five years from now.
That's my ultimate goal with this: to help you crash-proof your assets - your life savings.
In fact, I created a Crash-Proof Resource Guide and Checklist that you can download
at CrashProofGuide.com. It'll be a living/growing resource that you can keep coming back to
as you continue to strengthen different areas of your portfolio and as we continue to find
more resources to help you along the way. Again, go to CrashProofGuide.com, if you're
interested and haven't gotten yours already.
Now, I have an honest question for you (I want you to really think about this): if you
were looking for a company to buy today - like an actual company, the whole thing, not just
a share - as a ratio of replacement cost (like the Q Ratio) what is the max you'd be willing
to pay for a company and still feel like you got a good deal? Would you be willing to pay
more than 1-to-1? Let's talk about it in the comments.
And, if you learned something today, leave me a like and share this with some friends
who could stand to benefit from this critical knowledge.
Hopefully, you can see the value that comes with being a member of this community, so
if you haven't already, don't forget to subscribe and click the bell.
I'll see you in the next one! Take care!
For more infomation >> US Stock Market Is Overvalued 💥 Sign of the Coming Crash 📉 - Duration: 6:39.-------------------------------------------
Billionaires Cost Us Money | I Love You, America on Hulu - Duration: 2:06.
- Amazon founder Jeff Bezos is the richest man on earth,
currently worth $160 billion.
Great for you , Jeff.
I'm psyched for you.
(audience laughs)
Yet full time Amazon warehouse workers
make an average wage of $27,000 a year.
That's like less than a teacher makes.
(audience laughs)
According to some reports,
warehouse workers have been known to piss in bottles,
contracted drivers have had to s**t on lawns
or inside their trucks to stay on schedule,
all so that you can get a $4.00 HDMI cable
shipped overnight to stream new episodes of Bosch.
(audience laughs)
Jeff Bezos and many others
like the Walton family who owns Walmart,
pay their workers so little
that their employees have to subsidize their salaries
with welfare programs.
According to Forbes, Walmart workers cost taxpayers
$6.2 billion in public assistance a year.
The greed of billionaires is subsidized by taxpayers,
a group that, ironically, does not include Amazon itself.
That's right.
Despite being worth $1 trillion,
Amazon paid zero dollars in federal taxes last year.
This is true.
Billionaires cost Americans money.
Now Bezos and his wife recently announced
a $2 billion donation to fund preschools
and combat homelessness, and that is a lot of money
and it's gonna do a lot of good, but functionally,
it's relatively inexpensive damage control.
Doing nothing at all,
this guy makes a billion dollars a month.
That's money that just happens to him at this point.
Instead of making $2 billion grand gestures,
how about paying your workers a f**king living wage?
(audience shouts and claps)
Yeah, I am great.
(upbeat music)
-------------------------------------------
U.S. House committee votes to release Trump-Russia transcripts - Duration: 3:02.
For more infomation >> U.S. House committee votes to release Trump-Russia transcripts - Duration: 3:02. -------------------------------------------
Музей ВВС США/US AIR force museum - Duration: 11:53.
Good morning
I'm in Cincinnati
Kentucky
the city is divided into two halves
half in Ohio
the other half in Kentucky
I am now in Kentucky
I met a good people
Just accidentally met a man ...
my goal is
do not stay here for work
to go further. Learn Other States
I will remembered this city as
really
Hospitable
I already had breakfast
took extra food with me
Today's afternoon should be hot
People gave me a water
and very tasty homemade bread
in the composition of a banana, raisins, nuts
very nutritious and delicious
now i'm ready to continue my journey
see what will bring this day
Problem one is
to feed my iron horse
That's it, full. Just $15
4 gallons
I came to the opening. This is a perfect time
just few people have arrived
Banana is a good food
You don't need wash hands before eating
a lot of calories
a few days you can care with you
went to the information desk
how to walk right here?
I walk counter-clockwise
took a card
so it will be better
I visited just one hangar
walked quickly, without delays, didn't read a signs
passed an hour and a half
here are four such hangars
Another separate pavilion dedicated to long-range missiles
B-52 on guard of the world
March 1980
Date of creation
Ops. It remained a dream
Other objects fly around the earth
not B-52
Here the all aircraft in full size
This one is Japanese. Such bombed Pearl harbor
As an answer .... Nearby bomber
Who dropped the bomb on Japan
Here is a yellow bomb
cool. I'm like control a Hubble telescope
in front of me screen
I can manage
Houston, Hubble in touch ...
Flew, fly, fly ...
mission failed
I did not park
Lost in space
They will look for me
They already sent a rescue team
in US you often can find a free water
in public places
You don't need a glass for this
here is fountain. Just press a button
Oh, it works ... We need to push hard
That's it
I didn't expect to find Han Sollo here
is a helicopter design bureau Sikorsky
migrant from Russia
was not appreciated in his country
emigrated to the United States
to design helicopters
in the US he was rated
All American helicopters were built according to his drawings
A separate stand is dedicated to MIG-15
Americans could not understand
what is the secret of MIG-15
For one downed MIG-15, 7 or 8 American planes class-F were down
One traitor hijacked a MiG-15 aircraft
handed it to the Americans
MIG was delivered to the US
the Americans dismantled it
to understand the secret
He was dismantled and realized that he was not different
from the American F-class
it's all about the pilots
Korean pilots were trained by Soviet instructors and were desperate
Great strength of mind
This is the secret of the victories of Russians aircraft and Korean pilots
Here it is, here it is
Everyone knows the movie "Transformers-2"
Here it is an old trasformer
if you believe the film.... it flew away
so big
here it is, the transformer
this is President Truman's plane
Let's see what Truman flew about
On this plane, Franklin Roosevelt flew
Who is thicker than these gates on the plane can not enter.
on this plane..
fled the President Eisenhower
and now the plane stands here
Let's see how the Presidents flew in 1955
this is a plane
President John F. Kennedy
John Kennedy flew in this plane
This is the first Boeing airplane
especially for the president
board number 26000
So everyone called him. Board 26000
Landed on the territory of the museum
in 1998
since then the plane is resting here
as an exhibit
First board number one
Crew 7 people
40 passengers
everything for the president
special communication
special kitchen, offices
very narrow
I have narrow shoulders, but
it's still difficult to pass
cool
In these planes, the presidents flew, and I went to them
Watching the movie "air prison?"
That it is
In the film, he seemed bigger
Yes
not too big
Lunch on schedule
This is what i eat
went outside
Fahrenheit more than 90 degrees
Celsius more than 30
hot
impressive American approach to everything
Everything is large and global
this is the right approach
if you do something
do for 100%
destination is Detroit
I sty here and dress
as a hero of Russian proverb
I'm standing on the .......
because in front the weather is good
anyway the rain started
The most dangerous time is the first 20 minutes after the beginning of the rain
because all the oil
all the dust and the remains of tires
it got wet and turned into a layer
The first 20 minutes of riding a motorcycle is very dangerous
In 20 minutes it will get wet and you can go
wheel contact will be better
now I'll go carefully
I'm in Detroit
I met a girl named Gabriella
Gaby invited me to stay
Detroit greeted me with rain
It thunders
I went to the store
And my mood is still good
The evening in Detroit was a success
I found the store, not much wet in the rain
The main thing I drove here almost dry
I cooked an light dinner
Relatively light
I have a shower, hot and good food
There is a place to spend the night
What else is needed?
-------------------------------------------
Serious crash closes NB US-131 near Post Drive - Duration: 0:32.
For more infomation >> Serious crash closes NB US-131 near Post Drive - Duration: 0:32. -------------------------------------------
US judge strikes down Kentucky abortion restriction - Duration: 3:26.
For more infomation >> US judge strikes down Kentucky abortion restriction - Duration: 3:26. -------------------------------------------
Chinese Foreign Minister calls on U.S. to reciprocate North Korea's denuclearization efforts - Duration: 2:14.
Let's start at the UN General Assembly...
It was China's turn to take to the podium to deliver its keynote speech.
Beijing's top diplomat Wang Yi welcomed North Korea's moves toward denuclearization and
said the onus is now on the U.S. to start make some concessions of its own.
Hwang Hojun reports.
He noted the situation between the two Koreas has seen a quote 'major turnaround,...'
"China encourages the DPRK to continue moving along the right direction of denuclearization."
But in essence, he said the road to peace, is a two way street.
"We believe it is also right for the United States to make timely and positive responses
so as to truly meet the DPRK halfway."
Such remarks from the Chinese Foreign Minister Wang Yi came during his speech at the 73rd
UN General Assembly on Friday local time.
This wasn't the first time Wang has asserted the U.S. should make more concessions; it
was just a day ago at the UN Security Council meeting that Wang said the "end of war" declaration
by the U.S., which will officially cease hostilities from the Korean War, would help build trust.
Wang did say, however, that China will continue to honor the sanctions against North Korea
implemented by the UN Security Council,... but for now.
"China calls upon the Security Council to take timely actions in light of the development
and changes of the situation to create more favorable conditions for a peaceful settlement."
China, being North Korea's largest ally has been accused by Washington for violating the
UN sanctions against Pyeongyang.
Wang also took an indirect jab on President Trump's notion of protectionism-over-globalism,...
which Trump touted earlier in the week,... insisting it will only bring damage to all.
On President Trump's blasting of China for its trade practices that he claimed create
an intolerable trade imbalance,... and then defending his trade war against Beijing, Wang
responded that China will quote "not be blackmailed or yield to pressure."
As the annual multilateral forum is heading to its end, North Korea's Foreign Minister
Ri Yong-ho will take to the podium to deliver a speech on Saturday morning local time.
Hwang Hojun, Arirang News.
-------------------------------------------
South Korean, U.S. nuclear envoys meet 3 times to discuss North Korea issues - Duration: 0:53.
The top nuclear envoys of South Korea and the U.S. have held three meetings on the sidelines
of the UN General Assembly to discuss North Korea issues.
The South Korean mission to the UN says Lee Do-hoon, the foreign ministry's representative
for Korean Peninsula peace and security affairs, met with Stephen Biegun,... the U.S. Special
Representative for North Korea from Wednesday to Thursday.
The two reportedly evaluated the recent inter-Korean summit in Pyeongyang, the bilateral summit
between Presidents Moon and Trump... and exchanged views on how to accelerate the denuclearization
process.
They also talked about U.S. Secretary of State Mike Pompeo's planned visit to Pyeongyang
next month and even the proposed second North Korea-U.S. summit.
The meetings were held after Pompeo revealed he invited North Korean officials to meet
Biegun in Vienna at the "earliest opportunity."
-------------------------------------------
Massage in Van Nuys |call now us (818) 235-5485 - Duration: 0:48.
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-------------------------------------------
South Korean, U.S. nuclear envoys meet 3 times to discuss North Korea issues - Duration: 0:52.
The top nuclear envoys of South Korea and the U.S. have held three meetings on the sidelines
of the UN General Assembly to discuss North Korea issues.
The South Korean mission to the UN, Lee Do-hoon, the foreign ministry's representative for
Korean Peninsula peace and security affairs, met with Stephen Biegun,... the U.S. Special
Representative for North Korea from Wednesday to Thursday.
The two reportedly evaluated the recent inter-Korean summit in Pyeongyang, the bilateral summit
between Presidents Moon and Trump... and exchanged views on how to accelerate the denuclearization
process.
They also talked about U.S. Secretary of State Mike Pompeo's planned visit to Pyeongyang
next month and even the proposed second Trump-Kim summit.
The meetings were held after Pompeo revealed he invited North Korean officials to meet
Biegun in Vienna at the "earliest opportunity."
-------------------------------------------
Forza Horizon 4 Release Date / Pre-Order Guide For The US. - Duration: 2:54.
Hello Everyone.
In This Video I Am Going To Talk About Forza Horizon 4 Release Date And Pre-Order Guide For The US.
Forza Horizon 4's release date is coming at us faster than a Porsche 911.
Coming October 2 for Xbox One and PC, this game is set in Great Britain and lets you
race around a shared open world with other drivers.
In a twist for the series, it features seasons that change each week for all players.
Looking to reserve a copy for yourself?
In this video you will find all the information you need about pre-order bonuses, what comes
in each edition of the game, where you can buy it, and how much it costs.
So please watch till the end.
Let's get on with it.
Forza Horizon 4 Pre-Order Bonuses.
Each retailer has an exclusive car you get for pre-ordering.
Pre-order from Amazon, and you'll receive the 2016 Porsche 911 GT3RS.
Best Buy pre-orders come with a 2017 Chevrolet Camaro ZL1.
GameStop pre-orders include the 2017 Aston Martin DB11 and crew neck t-shirt.
Forza Horizon 4 Standard Edition.
The standard edition of the game just comes with the game itself--but that's all many
people want.
Pre-order by October 2, and you'll also receive the Formula Drift Car Pack.
Prime members who pre-order it from Amazon get a $10 credit for future purchases.
Amazon -- $60 (Prime members get $10 credit with pre-order).
Best Buy -- $60.
GameStop -- $60.
Forza Horizon 4 Deluxe Edition.
This digital-only version of the game comes with the Formula Drift Car Pack and the Car
Pass, which gets you two new cars per week for 21 weeks once the game launches.
Amazon -- $80.
Best Buy -- $80.
GameStop -- $80.
Forza Horizon 4 Ultimate Edition.
The Ultimate Edition of Forza Horizon 4 comes with early access, allowing you to play four
days early, starting September 28.
It also comes with the Car Pass, VIP Membership, Day One Car Pack, and two game expansions.
Amazon -- $100.
Best Buy -- $100.
GameStop -- $100.
-------------------------------------------
F-35 crashes in US, apparent first crash of its kind - Daily News - Duration: 2:02.
A US F-35 fighter was completely destroyed in a crash while training Friday, officials said
The pilot safely ejected.The crash appears to be the first of its kind for the troubled F-35 program, marking an unfortunate moment for the most expensive plane in history
Speaking on condition of anonymity ahead of an official announcement, a defense official told AFP that the Marine Corps F-35 had crashed outside Marine Corps Air Station Beaufort in South Carolina
"It's a total loss," the official said. The Beaufort County Sheriff's Office said the pilot safely ejected and was being evaluated for injuries
Unit costs vary, but the price tag of F-35s is around $100 million each.The crash comes just one day after the US military first used the F-35, which has been beset with delays and cost overruns, in combat
Multiple Marine Corps F-35s struck Taliban targets in Afghanistan.Launched in the early 1990s, the F-35 program is considered the most expensive weapons system in US history, with an estimated cost of some $400 billion and a goal to produce 2,500 aircraft in the coming years
Once servicing and maintenance costs for the F-35 are factored in over the aircraft's lifespan through 2070, overall program costs are expected to rise to $1
5 trillion.
-------------------------------------------
What affect would Brett Kavanaugh have on the U.S. Supreme Court - Duration: 3:07.
For more infomation >> What affect would Brett Kavanaugh have on the U.S. Supreme Court - Duration: 3:07. -------------------------------------------
Is China Interfering in US Elections? - Duration: 6:31.
On this episode of China Uncensored,
A foreign country has been interfering in our elections.
Guess which one!
The CIA says China is undermining the US.
And if anyone knows about undermining a country,
it's the CIA.
And finally, fingers crossed for a trip to Tibet!
Sadly it probably won't be free.
This is China Uncensored.
Hi, welcome to China Uncensored,
I'm your host Chris Chappell.
A foreign government is interfering in US elections.
And President Trump is tired of
letting Russia get all the credit.
This time, he's talking about
a different country in particular:
China.
Speaking to the UN Security Council,
Trump said, "[China does] not want me or us to win
because I am the first president ever
to challenge China on trade.
We are winning on trade.
We are winning at every level.
We don't want them to meddle
or interfere in our upcoming election."
And that had to be a bit awkward.
I mean, the UN Security Council is only five countries.
And China is one of them.
Well, Russia is also one of them,
so I guess they were relieved.
Is the Chinese Communist Party interfering in US elections?
Yes, but not like Russia.
Internet bots are for amateurs.
More on that in a future episode.
According to the new director of the CIA,
China is working to diminish US influence around the world.
She specifically talked about how the Chinese regime
promises loans to many developing countries,
which they can't repay.
On paper,
China is investing almost a trillion dollars
as part of its Belt and Road Initiative—
an infrastructure plan where China
gives developing countries massive loans.
So far, the actual amount spent has been
less than the Chinese regime promised.
Which is actually a good thing,
because those loans have been
trapping those countries in debt,
while Chinese businesses extract resources
and often do very little for the local economies.
Yes, why would any country
ever want to do business with anyone else?
Now believe it or not, US-China relations aren't doing great.
I know, shocking, but there are some warning signs.
Just two days before a planned meeting between
a top Chinese naval officer and his US counterpart,
the Chinese side called it off!
At the same time,
China denied a request from a US naval vessel
to enter port in Hong Kong.
This is not a first.
In 2016,
when everyone was freaking out about China
building military facilities
on artificial islands in the South China Sea,
the ones they said they would never militarize…
China also denied another US naval ship
from entering port in Hong Kong.
The ship denied entry this time, the USS Wasp, responded,
"Roger That.
We'll just buzzzz off."
But that doesn't mean there can't be friendly military exchange
between the US and another part of China.
Namely, Taiwan.
Which communist China believes is a province,
but most sane people believe is a country.
The US is selling 330 million dollars of weapons to Taiwan.
Obviously, the Chinese Communist Party is unhappy.
So they "urged" the US to cancel the deal,
or risk doing damage to US-China relations.
I believe that ship has already sailed.
That ship is the USS Wasp
and it's somewhere off the coast of Hong Kong by now.
Some good news for a change.
The Vatican and the Chinese Communist Party
are close to finalizing an agreement
that will change the lives of Catholics in China.
No, it won't stop the Party from tearing down churches.
Or get the Party to stop forcing people
to replace pictures of Jesus with Xi Jinping.
Or stop Christians from being killed for their organs.
But, so far the Pope will agree to recognize
7 Catholic bishops appointed by
the officially atheist Chinese Communist Party.
I don't think the Pope understands how to negotiate a deal.
Maybe he should get some advice.
And finally, planning a trip to Tibet just got a little easier...
well, okay it's not easy.
US citizens are still banned from travelling there.
I think it's because we just couldn't withstand the sheer joy
Tibetans feel about being liberated by the Chinese Communist Party.
Yeah, that looks like joy...
the same way this looks like being liberated.
But the US House of Representatives has passed
a new bill that will deny US entry to Chinese officials
who prohibit American citizens from traveling to Tibet.
Will this force a change in Tibet?
Who knows?
I mean, if the Chinese regime didn't change for the Beastie Boys,
are they really going to change for a bunch of congressmen?
So what do you think?
Leave your comments below.
And before you go,
now is the time when I answer questions from you!
The loyal members of the China Uncensored 50-cent army
who support the show on the crowd funding website Patreon.
Charles Walter Brooke asks
"Chris, which High Ranking Member of the Chinese Communist Party
would you most like to Interview, and Why?
And, What kind of uncomfortable questions
would you like to grill them with?"
Well, besides obviously Xi Jinping—
who has not yet responded to my repeated
requests for an interview, by the way—
I'd like to interview Wang Qishan.
Wang is Vice President of the People's Republic,
and more importantly, he's Xi Jinping's main guy
in charge of the anti-corruption campaign
being used to purge all the officials Xi Jinping doesn't like.
I'd ask Wang Qishan to give me the dirt on
all the corrupt officials that are next on the chopping block.
And I'd bring a wheelbarrow,
because there's gonna be a lot of dirt.
Thanks for your question, Charles.
And if you have a burning question,
first, you should probably have a doctor check that out.
And then, you should sign up to support China Uncensored on Patreon.
Join our 50-cent army so you can send me those questions
and so I can answer on the show!
So once again,
thanks for watching this episode of China Uncensored
and be sure to subscribe if you aren't.
I'm your host Chris Chappell.
See you next time.
Well, sorry to say,
that's the end of another China Uncensored.
But this isn't goodbye!
Hit that subscribe button
and turn the notification bell on
so you know when we have more episodes.
And more episodes we will have.
A new one comes out every Monday,
Wednesday, Friday and sometimes Saturday!
-------------------------------------------
Transhumanism - Will technology make us immortal? - Duration: 5:42.
Ray Kurzweil is working on behalf of Google to abolish death and to some his vision will
sound like wild science fiction fantasies.
But in fact, the developer really has thought outside the box: Not only did he predict the
year in which a computer will defeat the world champion in chess, but also the collapse of
the Soviet Union.
For the near future, he says, Artificial Intelligence (AI) will triumph.
According to his prognosis, we will merge with AI within just a few years; yes, even
become an AI - and therefore immortal.
Ray Kurzweil is regarded as a mastermind of transhumanism and that's why we'll get
right on this exciting topic here on Clixoom Science & Fiction!
Welcome!
Artificial intelligence, cyborgs and human enhancement, i.e. the artificial optimization
of humans are a hot topic.
And indeed, many areas, such as nano-, gene- and neurotechnology, ensure that we get the
chance to evolve accordingly.
Many see this critically; on the contrary to the opinion of followers of the transhumanistic
conception of evolution.
They say that aside of biological evolution, humans will evolve as a new species.
Accordingly, we will then no longer be limited by body or psyche.
There are three possible visions: On the one hand designer babies, ie a "genetically new
human being" - so-called "genome editing" makes it possible.
The devotees hope that genetic manipulation over generations could create people who are
radically different from us today.
According to the supporters, parents are to decide independently on the design of their
offspring.
In plain language: no more children with disabilities will need to be produced.
The gene pool of children can be modified according to their own will.
Then, once the biology of humans can be changed, the culture will change step by step.
How do I design my child to avoid being discriminated as much as possible?
At least 1.80 meters tall, white, and hetero?
Although the IQ will surely be adjustable through a chip later.
The second version is about the "implanting new human": cyborgs.
Nanorobots in the human body could make hybrids of man and machine more robust.
Many of the human body parts would therefore no longer be biological.
And the third version: the "digital New Man", also called "upload".
This vision is quite radical, because human consciousness is transformed by complete digitization.
The name of this process: "Whole Brain Emulation" or "Uploading".
The brain is defined here as a kind of interchangeable hardware.
Man and machine have become so close to each other that a digital copy of people is possible.
As well as a download of the identity.
Our respective brain software can be transferred to avatars.
According to Kurzweil, then, as I said, small robots, ie nanobots, will be on the way in
our bloodstream fighting illnesses.
And it gets even better: This idea involves a digital immortality, because after all,
you can make any number of backups of this designed "New Man".
To make this possible, many research teams around the world are working to read the body
and its processes.
Because these have to be recreated in "humanoid robots.
In the so-called "Human Brain Project", which is funded by the EU, the human brain is to
be simulated.
In the end, then, artificial brain parts will gradually replace the human brain.
And, you can imagine it: This could actually be used to combat diseases like Parkinson's.
After all, nature should ultimately be overcome: without suffering and death - just as computers.
Yet, as I already mentioned: There is also plenty of criticism of the transhumanistic
ways of thinking.
First, there are existential concerns.
Like Stephen Hawking, who predicted the end of the human species through the development
of AI, the AI researcher Hugo de Garis also sees it: "We will not be able to keep up,
we will only be a superfluous species.
As we humans do with annoying flies, the robots will wipe us out".
Risk researchers even see the development of AI as the worst threat to humanity - in
addition to a nuclear war.
Other critics of transhumanism criticize a very different aspect, namely the unscientific
nature of this way of thinking.
On the other hand, they see humans as a complex system that simply can not be easily represented
in numerical codes.
But before any of this will actually happen in the near future, many aspects have to be
clarified!
In any case, it must be prevented that human dignity is violated in any way.
And for that, we need detailed moral and ethical discussions - as well as clear legal frameworks.
Either way, the threat could be closer than we thought.
Humanity will sure leap further and further in future, in fact, scientists are working
on the fastest way ever to travel space, check out our Video "Three days to mars" right
here!
And do not forget to subscribe to our channel and hit the bell to never miss another episode
right here on clixoom!
See you soon, stay tuned!
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Chinese Foreign Minister calls on U.S. to reciprocate North Korea's denuclearization efforts - Duration: 2:14.
Let's start at the UN General Assembly...
It was China's turn to take to the podium to deliver its keynote speech.
Beijing's top diplomat Wang Yi welcomed North Korea's moves toward denuclearization and
said the onus is now on the U.S. to make some concessions of its own.
Hwang Hojun reports.
He noted the situation between the two Koreas has seen a quote 'major turnaround,...'
"China encourages the DPRK to continue moving along the right direction of denuclearization."
But in essence, he said the road to peace, is a two way street.
"We believe it is also right for the United States to make timely and positive responses
so as to truly meet the DPRK halfway."
Such remarks from the Chinese Foreign Minister Wang Yi came during his speech at the 73rd
UN General Assembly on Friday local time.
This wasn't the first time Wang has asserted the U.S. should make more concessions; it
was just a day ago at the UN Security Council meeting that Wang said the "end of war" declaration
by the U.S., which will officially cease hostilities from the Korean War, would help build trust.
Wang did say, however, that China will continue to honor the sanctions against North Korea
implemented by the UN Security Council,... but for now.
"China calls upon the Security Council to take timely actions in light of the development
and changes of the situation to create more favorable conditions for a peaceful settlement."
China, being North Korea's largest ally has been accused by Washington for violating the
UN sanctions against Pyeongyang.
Wang also took an indirect jab on President Trump's notion of protectionism-over-globalism,...
which Trump touted earlier in the week,... insisting it will only bring damage to all.
On President Trump's blasting of China for its trade practices that he claimed create
an intolerable trade imbalance,... and then defending his trade war against Beijing, Wang
responded that China will quote "not be blackmailed or yield to pressure."
As the annual multilateral forum is heading to its end, North Korea's Foreign Minister
Ri Yong-ho will take to the podium to deliver a speech on Saturday morning local time.
Hwang Hojun, Arirang News.
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