![]() Historically, annual spending growth corresponds to inflation, which makes sense. Last week, the Fed released its household spending survey, and while the broad data is good, it points to specific cracks forming under the surface. Tl Dr: poor Americans are in real trouble. Glacial periods became longer and more intense, leading to a drop in temperature and very dry climatic conditions.Īnd what saved humanity? Fire and a shift toward a more hospitable climate. The population bottleneck coincided with dramatic changes in climate during what’s known as the mid-Pleistocene transition, the research team suggested. Every human being on earth could have fit comfortably in one NFL end zone, and any number of mild catastrophes would have been game over. This event, called the “bottleneck,” reduced the number of humans from around 100k to 1,280, and the population didn’t bounce back for some 117,000 years.įor over a thousand centuries, humanity balanced on a knife’s edge. ![]() Sticking with doomsday scenarios, scientists recently discovered that humanity was nearly wiped out 900,000 years ago. The city, called Praxis, is well-thought-out, and just last week, the company received a “term sheet” from a local government to acquire the land.ĭoing something like this requires an astounding level of arrogance, and these initiatives smack of all the worst elements of late stage capitalism.īut what if they pull it off, and this is the new model?ĭoes society further diverge between the haves and have nots? Will the Eloi thrive in these utopias while the Morlocks waste away on the government dime? Perhaps the most credible innovator in this space is Dryden Brown, who is trying to build a new city somewhere in southern Europe. The intent seems to be building a new city and making a lot of money. The New York Times broke the story that a who’s who amongst Silicon Valley types has bought up $800 million worth of land near the Bay Area, but it’s unclear what the plan is or how far along they are. People - especially wealthy Americans - are sort of dissatisfied with how the world is shaping up, and they think they can create something better. It’s sort of a natural extension of all the rich guys buying bunkers in New Zealand. It does feel like this sort of thing is becoming more common, though. Larry Ellison owns the sixth largest island in Hawaii, complete with a town, two resorts, and three golf courses. Rich people have been buying up towns for decades. To be honest, it sounds like a lovely place, but the chaps bit off more than they could chew, and it’s not really worked out.īuilding 500 homes on top of a mountain that’s covered in snow six months a year is hard - plus they pissed off the locals. They paved paradise and put up a master planned community While recreational marijuana use is illegal in Texas, “businesses involved in hemp-derived CBD, from the manufacturing to the storefront, employed more than 50,000 Texans, generating between $19.1 billion to $22.4 billion in economic growth.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |