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Jose Rey
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Jose Rey

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There is a Sports and Building Aerodynamics MOOC  (massive online open course) offered by the Eindhoven University of Technology through Coursera. It starts on April 28, 2014. Here is the link:
https://www.coursera.org/course/spobuildaerodynamics
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There have been some exciting developments in the Deducer ecosystem over the summer which should go into CRAN release in the next few months. Today I'm going to give a quick sneak peek at an Open Street Map - R connection with accompanying GUI. This post will just show the non-GUI components. The first part of the [...]
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A short tutorial on linear regression, transforms and regularizations
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Pretty cool science behind these glasses. This is the second generation of the technology, I am expecting them to work well.
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Have him in circles
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Oliver, my baby, is strong as bull !
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Es que le das espinacas?
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Oliver
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Hi Paul, Jamie, Tampa, before leaving.
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Jose Rey

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The economic description of the Venezuelan economic debacle in this video is extremely simplistic and not accurate at all. It sounds as if the producers of the video want to somehow parallel the Venezuelan economic collapse to US politics. It has nothing to do.

Chavez's FIXED CURRENCY policy is at the center of the destruction of the Venezuelan economy. The video says that it was "government spending" as in tea party speak was to blame. PDVSA (the Venezuelan Petroleum Company) always pumped money directly into the economy as it has been state owned since the 1940's.

The effect of fixing the currency is that it created an environment in which products that were imported at the "preferential" exchange made Venezuelan producers unable to compete. Many of them actually fired their production staff, and hired corrupt Chavistas to get the cheap currency (from CADIVI - Venezuelan Currency Administration) and started importing the same products they produced before. There also was a black market currency rate which was significantly different to the "preferential" government rate. The difference was realized by merchants anyways, and even those products that were imported with cheap currency sold at the dollar's market price. The difference between the preferential and black-market currency rates resulted in a viscous inflationary cycle.
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Have him in circles
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Jennifer Hayden's profile photo
alessandro anzalone's profile photo
Gabriel Anzziani's profile photo
David Lopez's profile photo
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Pedro Cámara's profile photo
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Is there a discount during hurricane season?
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