Aluminum smelting is a terribly energy-intensive business. Well, let’s work backward and see… China produces the majority of the world’s aluminum (60%+). This, in turn, has boosted European gas, which has resulted in a wild spike in electricity pricing.Īs a result, aluminum has mooned as the HODLers would say, and the list of linkages goes on and on… Rising coal has helped drive LNG prices to new records. When mixed together in an increasingly Hungry World where the interconnections are so deep and varied, that when a butterfly farts in Boca Raton a property Giant defaults in Shenzhen - meaning, unintended consequences are unavoidable and often iatrogenic.ĭemand for dirty coal peaked nearly a decade ago, yet thermal coal prices are near all-time highs. Both totally innocuous, well-intentioned ideals. But, if mixed together in one’s lower intestines… instant death - or so my childhood myth goes.Īnother example would be ESG trends and climate fighting government policies. Both, by themselves, harmless consumables from the 90s.
New math is like chasing down a packet of Pop Rocks with some RC Cola. When, for example, “chemicals that separately have no effect on the body but when mixed together create a toxic, cancerous result.”
Mashup math plus#
It refers to when “zero plus zero equals something”. New Math, is a term originated by Earl Gray, an American environmental scientist and tea enthusiast (I assume). A gaming console with dated processors and auto airbag accelerometers, that went on to outsell the much more advanced - and conventional - rival consoles, Xbox and Playstation. The example given in the book is of Shigeru Miyamoto and how he created the Nintendo Wii. Ideas often pulled from foreign fields and disparate disciplines. Really, mashups are about the combinatory creation of existing ideas. Something not entirely original but not entirely not, either. A DJ, for those of you not familiar, is a name given to a child of wealthy parents who didn’t want to go to college or get a job because it’s just not his bag…Īnyways, these DJs take existing music then cut, slice, and dice things together to create something new. Mashup is a term born out of DJ’ing apparently. These are the ideas of mashup and new math. It has a number of interesting takeaways, but I want to talk about just two as they’re relevant to a few things going on in markets today. There’s lessons pulled from Israeli spy chiefs, Hezbollah middle managers, silicon valley VCs, South African AIDs doctors, and Cubist art critics… All in all, it makes for a fun and quick read. Ramos dives into the tech-enabled asymmetric power wielded by small terror groups, the ineptitude of old institutions in this new revolutionary environment, the interconnected sandpile in which we all play and interact, as well as some methods for living in and analyzing this system for signs of criticality. The Age of the Unthinkable would be its weird spawn. Imagine if Per Bak’s Complexity, Martin Gurri’s The Revolt of the Public, and David Epstein’s Range got together and produced a love child. I recently finished reading Joshua Ramo’s book The Age of the Unthinkable.
0 kommentar(er)
