Skype finally announced that they have created an official app for their services. It took them a while, but this may be the beginning of a solid platform for VoIP on mobile phones. It is able to place and receive calls through your existing Skype account, however it still requires WiFi capabilities (will work on the iPod Touch as well). Here’s some more info:
Skype’s screens are well organized and use the iPhone’s ability to add filters, for instance, to sort your contacts alphabetically, or by who’s online. There’s chatting as well, though Skype’s flagship feature is its VoIP calling that’s free to other Skype users and an inexpensive per-minute fee to landlines. Calls on Skype for iPhone work only if you’re in range of a Wi-Fi network, so your call quality will in part be at the mercy and strength of wireless networks nearby–calls will not work over the cell phone network on the iPhone (but chatting will.) Assuming your connection is solid, you can dial a number or quickly call a contacts stored in your address book. iPod Touch users will need earphones with an embedded mic to talk. During a call, you can mute the line, go on hold, or put the call on speakerphone. In the My Info window, you can follow a link to buy more SkypeOut credit online.
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Sources:
http://reviews.cnet.com/8301-19512_7-10206786-233.html?part=rss&tag=feed&subj=iPhoneAtlas
Federal Debt Held by Foreign & International Investors
Posted in Economic Commentary, tagged debt on March 4, 2009| Leave a Comment »
This stuff is crazy. These numbers represent the amount of US debt held by foreign investors. You can see over the past 8 years the number has tripled! This pattern cannot hold forever or the US Dollar will collapse. This is evidence that supports all those that are bullish on gold and ther commodities and hard assets. Note, these numbers are published by the US Department of Treasury!
Note: These numbers are in billions, so as of Q4 2008 the US has $3.125 Trillion in outstanding foreign debt!
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Sources:
http://research.stlouisfed.org/fred2/data/FDHBFIN.txt
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