Experience Zero Gravity

Gorgeous.

Readings

  • Got Storage? How Hard Can it Be?  (Source)
  • House of the Week: Mercer Island Estate (Source)
  • Charles Mackay: Sucker? (Source)
  • Rory Stewart · Because we weren’t there?: In Tripoli  (Source)
  • Defining Cities in a Metropolitan World  (Source)
  • Trader hinted at turmoil in Facebook posts (Source)
  • Private company valuation traps (Source)

You Like This! – MTB Downhill 2011

Epic.

Twitter Digest: 2011-09-14

Principles of Economics, Translated

Fun:

Controlled vs Uncontrolled Defaults

Paul Mason:

If I borrow £1,000 from you and then, because of spectacular bad luck cannot pay it back, but I come to you and say, “here is £750, can we call it quits?” – that is a controlled default.

If I borrow £1,000 from you and you ring me up and you get directory inquiries in the Dominican Republic – that is an uncontrolled default.

Right now, Greece’s fate hangs in the balance somewhere between these two.

More here via BBC News – What might a Greek default look like?.

Trampled by Turtles-Wait So Long

Best speed bluegrass ever. Or only. Whatever.

Kyle Bass on the Euro

Kyle Bass from CNBC this morning on the euro:

Twitter Digest: 2011-09-13

Turbulence Optimism

“It was at a meeting of the British Association in London in 1932 thatI remember that [Horace] Lamb remarked ‘I am an old man now, and when I die and go to Heaven there are two matters on which I hope for enlightenment. One is quantum electrodynamics, and the other is the turbulent motion of fluids. And about the former I am really rather optimistic.”

- S. Goldstein, Fluid mechanics in the first half of this century, Annual Rev. Fluid Mech., 1, 1–29 (1969)