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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
That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. So, uh, whenever I hear about Telegram, it’s always in relation to something bad. What gives? The company maintains that it cannot act against individual or group chats, which are “private amongst their participants,” but it will respond to requests in relation to sticker sets, channels and bots which are publicly available. During the invasion of Ukraine, Pavel Durov has wrestled with this issue a lot more prominently than he has before. Channels like Donbass Insider and Bellum Acta, as reported by Foreign Policy, started pumping out pro-Russian propaganda as the invasion began. So much so that the Ukrainian National Security and Defense Council issued a statement labeling which accounts are Russian-backed. Ukrainian officials, in potential violation of the Geneva Convention, have shared imagery of dead and captured Russian soldiers on the platform. Official government accounts have also spread fake fact checks. An official Twitter account for the Russia diplomatic mission in Geneva shared a fake debunking video claiming without evidence that "Western and Ukrainian media are creating thousands of fake news on Russia every day." The video, which has amassed almost 30,000 views, offered a "how-to" spot misinformation.
from hk
