Enjoy these 14 depressing slides from a Business Insider article about investor Jeremy Grantham's report on exploding commodity prices.
"The ever-increasing-yield per acre, by the way, is the result of heavy fertilizer use. And most fertilizers are commodities, too (potassium, for example). So there's no infinite supply of fertilizers, either."
The other 13 graphs in the article (about oil, metals, crop yields) are also going in the wrong direction.
This Grantham dude is bumming me out.
Business Insider: We're Headed For A Disaster Of Biblical Proportions
National treasury bonds are the safe option in times of global turmoil, and the more uncertain things are, the more people buy them, and the higher their prices go.
Matthew says: “Evan Booth builds weapons with materials purchased in an airport terminal, past the security screening. Here’s a frag grenade built with a coffee mug, batteries, and a condom.”
People who explore the urban ruins of cities are terrorist dupes! Wired: “Urban Explorers (UE) — hobbyists who seek illicit access to transportation and industrial facilities in urban areas — frequently post photographs, video footage, and diagrams on line [sic] that could be used by terrorists to remotely identify and surveil potential targets,” warns the […]
Even in horrible economic times, a few simple rules hold unshakably true. And one of those rules is that if you possess an in-demand skill, you’ll always find work — and often, at a top market salary, to boot. If you understand Big Data and how to find order from the chaos of massive stockpiles […]
We live in a disposable era. If you can’t fix a broken item with a wrap of duct tape, there’s a very strong likelihood that its next destination is the trashcan. However, that probably leads to a trigger-finger death sentence for many household items that could be saved with just a bit more ingenuity. Before […]
Right tool for the right job. You probably heard a parent or grandparent say it at least once at some point. And it’s true in so many cases. If you spot a small tear in your living room curtains or near to hem a pair of pants, you can always use the good old fashioned […]