This tweet and chart from Economist David Rosenberg last Friday is worth a ponder for all those still holding and hoping for the miracle of perpetual levitation in the stock market. You are here. What’s your plan?
How expensive are equities? Price/tangible book at 10.8x is nearly double the historical norm, a record high that is 24% above the dotcom bubble peak and represents a 3 SD event. In a word – froth. pic.twitter.com/NlnUtpz5Pi
— David Rosenberg (@EconguyRosie) June 21, 2019
In 2011, Vancouver set a goal to become the greenest city in the world by 2020. Ian Hanomansing checks in to see how that’s going 8 years later. Here is a direct video link.
Also see how Canada’s overall electricity generation is now 84% fossil free.
In 1945, with funding from the US military, a team of scientists at the University of Pennsylvania designed and built the first electronic general-purpose computer. The Electronic Numerical Integrator and Computer (ENIAC) computed 5000 addition problems per second and required 1,700 sq. ft of space, a concrete floor able to hold 30 tons, enough electrical supply to power 17,800 vacuum tubes, and two large air-conditioners to counter the waste heat it generated.
Fast forward seven decades, and every couple of years we have a whole new level of tiny processors that are faster, smarter and much cheaper. We should try to imagine where processing abilities will be in a decade, never mind the next seven. There are only solutions so long as we keep looking and investing in them.
Introducing #RaspberryPi4: your tiny, dual-display, desktop computer…and robot brains, smart home hub, media centre, networked AI core, factory controller, and much more. Here is a direct video link.
