1974
on 08.30.24
1974 predicts what 2024 will be like. Some things right, some things wrong. Lots of famous people weighed in, though.
3D houses!
on 08.29.24
Austin is getting a whole neighborhood of 3D printed homes:
The homes' concrete-printed walls could be plastered over for a more traditional look, though most buyers opt to leave them bare. The subtle ribbing on the walls and the lack of any right angles give the homes a space-age desert look, like something from Tatooine in "Star Wars."
Nourzad says that he's found few drawbacks with the innovative construction system, noting that the thick concrete walls help keep energy bills low in the sweltering Texas summer.
The thing that's interesting to me is that this isn't print-and-assemble the pieces to make a house. It's literally one giant printer that goes back and forth across the footprint of the entire house, laying layers of concrete.
Photos at the link
Jack Smith
on 08.28.24
Want to prognosticate about Trump's indictments, etc, and how they affect the fall and the election? Why not.
All cleared up.
on 08.27.24
I had one of those experiences where you've been haunted by a song for years that you can't place. In my case, it was an early 2000s song with a very distinctive beat and melody that I could hear clearly in my head, but jumble-mush for words. I knew it was about someone cheating, but that was it.
On a whim, the other day, I googled "I put the sheet in the pish for life."
AND IT WORKED! I'll go under the cut in case anyone wants to make a guess themselves.
"The Seed 2.0" by the Roots:
Also, holy moly the lyrics are a little un-holy. There are annotations at that link as though the song is just about different genres of music, but that seems like a stretch.
Guest Post -- Disaster Finance
on 08.26.24
Mossy writes: Grenada catches a break:
Grenada has become the first country in the world to use a so-called hurricane clause in a government bond - a special feature that allows authorities to postpone debt payments in the wake of a major natural disaster. The move comes after hurricane Beryl wrought destruction in parts of the Caribbean last month[...]It is the first time a country has triggered a natural disaster clause and Grenada was the first to include one back in 2015, after a previous hurricane led to two debt restructurings in the space of a decade.Jamaica doesn't:
Although the bond was designed to provide financial protection for the issuer in the event of a Category 5 or very intense Category 4 storm, such as Beryl, a key trigger did not materialise. While Beryl was categorised as making a hit on Jamaica, the hurricane did not make landfall, which, Minister of Finance Nigel Clarke disclosed on Friday, is required to trigger the cat bond.Longer piece.
Heebie's take: Are the World Bank and IMF just as villainous as they were in the 90s? I imprinted on this kind of thing, but maybe haven't updated my take since.