Since the Bronze Age collapse, the Iron Age has came about which we still are in today. Ages come and go and the Iron Age is no exception, but when & how will it happen?
2% used in home appliances 3% used in electrical equipment 5% used in cargo and product transportation (ships, trains, planes, containers) 10% used in metal products (hammers, knives, tools etc) 12% used in automotive manufacturing 16% used in heavy machinery 52% used in infrastructure (homes, buildings, railways, bridges etc)
230 billion tons of new iron left ÷ 1.885 billion tons of new iron mined per year (per 2023 data) = 122 years of new iron left from 2023 if demand stays the same
Since the Bronze Age collapse, the Iron Age has came about which we still are in today. Ages come and go and the Iron Age is no exception, but when & how will it happen?
2% used in home appliances 3% used in electrical equipment 5% used in cargo and product transportation (ships, trains, planes, containers) 10% used in metal products (hammers, knives, tools etc) 12% used in automotive manufacturing 16% used in heavy machinery 52% used in infrastructure (homes, buildings, railways, bridges etc)
230 billion tons of new iron left ÷ 1.885 billion tons of new iron mined per year (per 2023 data) = 122 years of new iron left from 2023 if demand stays the same
In a statement, the regulator said the search and seizure operation was carried out against seven individuals and one corporate entity at multiple locations in Ahmedabad and Bhavnagar in Gujarat, Neemuch in Madhya Pradesh, Delhi, and Mumbai. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Telegram was co-founded by Pavel and Nikolai Durov, the brothers who had previously created VKontakte. VK is Russia’s equivalent of Facebook, a social network used for public and private messaging, audio and video sharing as well as online gaming. In January, SimpleWeb reported that VK was Russia’s fourth most-visited website, after Yandex, YouTube and Google’s Russian-language homepage. In 2016, Forbes’ Michael Solomon described Pavel Durov (pictured, below) as the “Mark Zuckerberg of Russia.” At its heart, Telegram is little more than a messaging app like WhatsApp or Signal. But it also offers open channels that enable a single user, or a group of users, to communicate with large numbers in a method similar to a Twitter account. This has proven to be both a blessing and a curse for Telegram and its users, since these channels can be used for both good and ill. Right now, as Wired reports, the app is a key way for Ukrainians to receive updates from the government during the invasion. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform.
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