End of Bond Rally Won't Be Like 1994

longer, more in-depth interview on end of bond bull market with Bill Gross.

Bill Gross on the End of the Bond Bull Market

Bill Gross, Founder and Co-CIO of Pacific Investment Management Co., discusses the epic bond bull market and being at the bottom of the smiley face.

China’s ‘ghost mall’

Once promoted as the world's biggest...now it is deserted. Overcapacity anyone?

24 Minutes with Jeffrey Gundlach

An in-depth interview with the guy that predicted everything.

Documentary: South African Special Task Force

Balls of f-ing steel! This is an amazing look into the fist-clenching operation of the good guys.

Part 1:


Part 2:


Part 3:

Future of Bitcoins? US Federal Court Order Halts Dwolla Wire Transfers to Mt. Gox

From PC World:
 

A not-yet-public U.S. federal court order has apparently halted wire transfers between payments startup Dwolla and the largest bitcoin exchange, Mt. Gox. 

Dwolla, based in Des Moines, Iowa, offers inexpensive wire transfers. Mt. Gox, headquartered in Tokyo, runs a popular exchange where people can buy and sell the virtual currency bitcoin. 

Viral Video on the Future of America: High School Student Gives a Lesson to his Teacher

So many teachers (so many people, for that matter) are just coasting, doing the bare minimum to keep their jobs. Students are customers of the education system and I'm glad this guy spoke out.

Of course, based on youtube comments, which may or may not be true, the knee-jerk reaction of the school was to suspend the student. Just goes to show that, for the most part, school doesn't teach you to think. It teaches you to listen and follow instruction. Disobey by criticizing the system and the system kicks you out for falling out of line.

World Without Oil, Amen

An old GQ article, but a great read. Source: GQ

Here's an excerpt explaining some of the perils to unconventional oil:

Producing unconventional oil is not only unconventionally expensive but also unconventionally destructive. To access the up to 200-feet-deep “feed” of oil sands, Shell and its competitors must first dispose of a layer of forest—mostly jack pine, fir, and birch—that they refer to as overburden. Two barrels of fresh water are required to produce each barrel of synthetic crude, and some 5 percent of the bitumen extracted by Shell and other companies mining the region’s oil sands ends up in tailing ponds toxic with mercury, napthenic acid, and other contaminants. The tailing ponds put the lives of migrating birds at risk and, should they leak into other bodies of water, those of other creatures as well. Many people suspect that the high incidence of cancer reported in the town of Fort Chipewyan has something to do with its location downstream from major oil-sands operations.