A microbe factory could more than halve a mission’s payload weight.We’ve all had trouble squeezing our luggage down to the allowed weight for a flight. But for a trip to Mars that problem is magnified. The NASA rule-of-thumb is that for every kilogram to be launched into space, you need 99 kilograms of fuel and rocket to get it there. […]
Robert Shiller, Business InsiderYesterday, I mentioned again that I am increasingly concerned about the level of stock prices. Specifically, I said that, even if stock prices continue to go higher from here, which they might, I think that they’ll eventually crash back down below today’s levels — possibly far below. Even if stocks don’t eventually crash, but just move sideways, I […]
by Charles Hugh-Smith The trade only works if everyone is lulled into staying on the long side until it’s too late.Let’s try a thought experiment: suppose we’re players in the stock market, Wall Street insiders with real leverage and connections to the Fed. You know, the kind of player who can reverse a decline in the S&P 500 with an order […]
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The trade only works if everyone is lulled into staying on the long side until it’s too late.Let’s try a thought experiment: suppose we’re players in the stock market, Wall Street insiders with real leverage and connections to the Fed. You know, the kind of player who can reverse a decline in the S&P […]
