The waterfront neighborhood, called Quayside, could become the largest mass timber development in the world. It is expected to cost about $1 billion, and it will also feature heated roadways and other innovations.
Quayside’s buildings have been designed to include green roofs for improving sustainability. Sidewalk Labs wants the buildings to be modular, saying this would cost as much or less than conventional buildings.
Gold, Currency IOUs and Inflation (GE Christenson)
The quantity of debt and circulating debt based currencies has increased exponentially (doubles every 10-11 years) for decades. $44 trillion of debt in 2018 will rise to $100 trillion and then $200 trillion. What happens when another $50 trillion in debt is created in the next decade?
Anger Mismanagement, by Robert Gore (thc0655)
All this while economies are still supposedly expanding. $250 trillion in direct global debt and $1 quadrillion or more in derivatives and unfunded liabilities hang like a dagger over the world economy and financial system. Most income streams and assets are pledged as security for debt repayment, every debtor’s debt is a creditor’s asset in the interlinked global financial system, global debt is at an all-time high, and the finance industry is more concentrated than it was in 2008. It won’t take much for a financial brush fire to become a roaring conflagration.
We’re starting to see major cracks in tech investors’ faith.
This is a MAJOR turn that’s taken place over the last couple of months. And if tech stocks go down, the market is going with it.
As a result of this quick rise of gas to prominence, oil demand, DNV GL believes, will peak around 2023, with the shift away from oil also supported by the higher adoption of electric vehicles. The firm’s VP for oil and gas, however, noted that the analysis was more upbeat on EVs than what other researchers predict in the area.
In 2012, North Carolina legislators passed a bill that barred policymakers and developers from using up-to-date climate science to plan for rising sea levels on the state’s coast. Now Hurricane Florence threatens to cause a devastating storm surge that could put thousands of lives in danger and cost the state billions of dollars worth of damage.
Calling the Paris climate agreement the “bare minimum,” Guterres pointed out that states who support the accord—every nation on the planet but the United States, thanks to President Donald Trump’s decision to bail on it last year—are failing to live up to its inadequate goals.
Beasley said if the world is failing today with a population at 7.5 billion and all the wealth and technology that is available, “wait until people 30 years from now — when we have 10 billion people, when people in London, in Washington, D.C., and Chicago and Paris — when they don’t have enough to eat.”
Gold & Silver
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