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.”
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Fried foods are a weakness for many of us. There’s nothing quite like that extra crisp crackle on chicken, fries or onion rings. And for years, our arteries have been paying for the privilege. Lately, the air fryer has been a godsend for those who love the fried stuff but love their body too. If […]