The simple-minded obsession with certainty comes from vulnerability and fear about our highly uncertain existence.
Brené Brown studies human connection — our ability to empathize, belong, love. In a poignant, funny talk, she shares a deep insight from her research, one that sent her on a personal quest to know herself as well as to understand humanity. Here is a direct video link.
Here is a link to Brown’s follow up TED talk in 2012: Listening to Shame.
Excellent discussion of a complex topic we all need to continue thinking about as our societies evolve.
Glenn Greenwald was one of the first reporters to see — and write about — the Edward Snowden files, with their revelations about the United States’ extensive surveillance of private citizens. In this searing talk, Greenwald makes the case for why you need to care about privacy, even if you’re “not doing anything you need to hide.” Here is a direct video link.
Mark Twain famously quipped that a miner was a liar standing beside a hole in the ground.
In practice this has not been so far from truth. A good many producers were over-promising margins the past few years by under-reporting break even costs–not using full cost accounting. As the price of metals continue to plunge, projects and producers have been burning cash at a voracious rate. Equipment, inventory and companies will need to be liquidated to pay creditors. Ironically, the metal proponents who assured the world that cash was trash, are now increasingly desperate to raise it.
Bloomberg reports on dropping gold prices and what that means for production. Here is a direct video link.
As the price of oil declines, its probably safe to say that many oil producers have also been under-reporting their costs and are burning through cash faster than currently believed…
Cory’s Chart Corner
