Posts tagged markets
Recently, I’ve been thinking of ways to collect some different form of value, besides money or just another token. One of the more interesting ideas is that in age of abundance, our time and thus attention is the most valuable asset. Maciej Olpinksi has written about the attention economy in relation to blockchain tech and similarly inspired me to think about ways to monetize that.
A slump in oil, gas and other commodity prices over the past two years has left lower helicopter prices in its wake. In economies like Brazil’s, which are heavily reliant on volatile commodities prices, demand for corporate use copters has grown soft. And while companies that extract natural resources often rely on choppers to survey prospective mines and oilfields, they’ve recently been warming to drones, which can be less expensive. “The civil and parapublic [helicopter] market still looks pretty awful,” Thomas Enders, chief executive of Airbus Group, said during an earnings call last month. Airbus produces about a quarter of the world’s rotorcrafts, according to Forecast International, an aerospace-market research firm. Helicopters generally hold their value much better than cars. The latest downturn is notable because rotorcraft production has declined—an important gauge of demand, since producers often have buyers lined up when the parts come together on the factory floor. Global rotorcraft production will likely total just 1,050 in 2016, which would be the fewest in at least a decade, according to Forecast International.
On Monday, the Justice Department charged Carl Mark Force IV, a former DEA agent with 15 years of service at the agency, and Shaun Bridges, 32, with committing numerous instances of fraud while playing lead roles in the investigation into Silk Road, the infamous illicit marketplace that sold drugs, guns, and other goods on the so-called “darknet.”