Tuesday, December 18, 2012

Oddly Relevant Dec-18-2012


Deep-sea mining is closer than you think: Along with the discovery of hydrothermal vents and thousands of ghost-white yeti crabs came the ramp-up of mining companies to extract minerals from deep-sea deposits. Nautilus Minerals was just weeks away off the coast of New Guinea, and many will follow suit to satiate consumers’ demand. [Note: Somehow this news is not very comforting, don’t think we know of the consequences fully yet]…Source: http://www.wired.com/wiredscience/2012/12/deep-sea-mining-is-closer-than-you-think/

The caveman’s curse—that it’s easier to get fat and hard to slim down: As an individual gets fatter, levels of leptin, the fullness hormone, rise so much that the brain seems to stop responding to it, all while dopamine receptors decline (less pleasure from eating). It serves the cavemen well, but not so much for us in an abundant society nowadays. What’s more, the evolutionary process has led to a gene pool that is designed to defend body weight against falling below a minimum, but not to defend against gain. [Note: I mean, it’s pretty obvious that the problem is excess calories, not genetics, no?]…Source: http://www.economist.com/news/special-report/21568061-why-it-easy-get-fat-and-hard-slim-down-cavemans-curse/comments#comments

7 facts about government benefits and who gets them: (1) 55% of all Americans have received benefits from one of the six federal programs (Social security, Medicare, Medicaid, welfare, unemployment benefits, and food stamps), (2) it’s actually > 70 if you broaden to household rather than individuals, (3) actually 86% if you add veteran benefits and college assistance, (4) assistance to women, black, and rural residents more likely; (5) 33% of all adults from 18 to 29 have received at least 1 major entitlement payment; (6) there are nearly as many people on Food Stamps (SNAP) as there are on Medicare, and (7) SS is still the biggest benefit program from the government [Note: Not sure if admirable or inefficient]…Source: http://www.theatlantic.com/business/archive/2012/12/7-facts-about-government-benefits-and-who-gets-them/266428/

US shale gas sparks a chemical revolution: the boom has driven down price of essential inputs for petrochemical manufacturing, particularly ethane; and if the chemical giants can successfully use ethane to make ethylene, the building block for plastics and 40% of world trade in chemicals by volume, then we are looking at the US with a serious competitive advantage—and it’s not just this we are looking at. [Note: I recall reading a note earlier about a company that can benefit from this…?]…source: http://www.ft.com/intl/cms/s/0/d1a183d2-40a3-11e2-aafa-00144feabdc0.html#axzz2FEfRQdLC

Austerity-battered Western companies are looking everywhere for growth: They turn to (1) emerging markets and applying to rich countries the lessons learned from reaching customers in poor ones; (2) adjusting corporate policies to target more so the marginalized and the rich, (3) seeking fortune from the poorest, and (4) harnessing the power of new technology. [Note: the age of austerity will pass, and we will once again prosper]…source: http://www.economist.com/news/business/21568359-austerity-battered-western-companies-are-looking-everywhere-growth-gold-hunting-frugal

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