MakerBot just announced a new move to allow customers to print with metal, wood, and limestone… The materials are made possible by new extruders, which means they’ll be able to be used on some older models and not just new machines. The new composites should be available later this year. Prepare for a world of 3D printed hammers, circuits, and other household objects. And more: Just yesterday, we heard about a new plan to print electronics.
The move would reverse much of Chief Executive Officer Jamie Dimon’s work since taking over JPMorgan in 2006. Under Dimon, 58, the firm grew to become the largest U.S. lender by assets and the world’s biggest investment bank after acquiring ailing firms during the 2008 financial crisis.
Andrew Gray, a JPMorgan spokesman, declined to comment on the research note.
“The most likely scenario is a bad debt surge as growth slows, followed by a credit crunch in the shadow banking system, followed by a major recapitalisation of the banks,” said Mr Cui.
The report said China spent 15pc of GDP to rescue lenders in the late 1990s but the scale of the problem is much greater today, and this time the government cannot resort to fresh stimulus so easily.
This is all excellent news for the people holding one of the 2.95 million jobs that did not exist at the beginning of 2014 (the strongest year of job growth since 1999). And the numbers do nothing to throw cold water on the idea that the recovery has shifted into a higher gear in recent months. But forgive us for a moment of less than sunny optimism on this front.
One ounce of gold — a metal that many investors view as a hedge against inflation — cost as much as 23.9 barrels of West Texas Intermediate crude yesterday at spot prices, according to data compiled by Bloomberg. This ratio has almost doubled since May and hasn’t been higher at the end of a month since October 1998, when Russia, an oil producer, defaulted on debt.
ThorCon is a simple molten salt reactor. Unlike all current reactors, the fuel is in liquid form. If the reactor overheats for whatever reason, ThorCon will automatically shut itself down, drain the fuel from the primary loop, and passively handle the decay heat. There is no need for any operator intervention. In fact there is nothing the operators can do to prevent the drain and cooling. ThorCon is walkaway safe. There is no technical reason why a full-scale 250 MWe prototype cannot be operating within four years.
Around the world, carbon-based fuels are under attack. Increasingly grim economic pressures, growing popular resistance, and the efforts of government regulators have all shocked the energy industry. Oil prices are falling, colleges and universities are divesting from their carbon stocks, voters are instituting curbs on hydro-fracking, and delegates at the U.N. climate conference in Peru have agreed to impose substantial restrictions on global carbon emissions at a conference in Paris later in the year. All this has been accompanied by what might be viewed as a moral assault on the very act of extracting carbon-based fuels from the earth, in which the major oil, gas, and coal companies find themselves portrayed as the enemies of humankind.
Shell Energy Scenarios To 2050 (Dana T.)
The global energy system sits at the nexus of some of the deepest dilemmas of our times: the development dilemma – prosperity versus poverty; the trust dilemma – globalisation versus security; and the industrialisation dilemma – growth versus the environment. There have always been tensions in the global energy system, but it is evident today that the strains are becoming more acute.
Gold & Silver
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