The 2nd Financial Quarter of 2010 and a Looming U.S. Commercial Real Estate Crisis!

Back in November 2009 I was reading an article from online magazine site "EFAM," (Escape from America Magazine) concerning a looming crisis in the US commercial real estate market due to lots of "bad paper coming to maturity" at that time. What made me think of this article so many (but not so many) months ago was that I stumbled across another article from 2006 which was discussing how a looming housing market bubble was about to burst, and it did indeed in 2009. I found these articles to be significant in nature, and certainly to hold significant implications for any sort of economic recovery in the US in the forseeable future. What might this entail? I find it interesting that all of these rotten loans are no doubt coming to fruition in this year's (2010) second financial quarter and yet no one in the news media is even looking at it? Is it all just a big hoax to scare people, or will it be as bad as they say? If so, will the US Govt. just hand heaps of "no strings attached" cash to the big bank executives (and our pals at AIG) when they come running and screaming just like we did during last years housing crash??
I would like to note that that whole thing didn't work out to well, and that a different strategy might be considered this time, but I am no economist or even self-proclaimed expert. Time will surely tell and its only about a month away now! In the well-to-do meantime check out the article and come to your own conclusions. Find the article at:EFAM Commercial Real Estate

The Do-Lectures and "Bio-mimicry"

I recently was reading the blog of Tim Ferris, author of "The Four Hour Work Week," and watched a video he posted by another author named Rolph Potts. Rolph Potts wrote the book called "Vagabonding," which is all about his extensive worldly travels, experiences, and advice on how others can do it too (though I haven't got around to reading it yet myself). In this process of clicking and watching these embedded video blog posts, I discovered a wonderful website with heaps of free video-blog lectures (and the same site with the Rolph Potts video) called "The Do-Lectures." This site is a great resource for great free lectures on heaps of topics and it is bold in its approach to progressive change in a world that is currently going through the birth-pangs of a new global economic structure as the old capitalist ones collapse before our very eyes. Thus, this post is my plug for the Do-Lectures site, among others.
I would most recommend watching the video I have posted just below by Michael Pawlyn, on Bio-mimicry. Bio-mimicry is an amazing and not-so-new idea (excellently framed and summarised in his lecture) that nature already has all the answers to almost anything one could possibly want to do or develop in terms of products or industry. What the hell am I talking about?? Well, let me give an example; biologists found that oysters have evolved in such a way that they have developed a natural (and organic) adhesive that allows them to stick to rocks and other surfaces efficiently and effectively even when immersed in sea-water. A biologist studying the oysters discovered this adhesive and mentioned it to an industrial engineer and a few other professionals, who then researched and copied the adhesive used by the oysters to develop industrial adhesives that not only are proven by nature to work extremely well, but also are organic in nature, sustainable, and are not made of dangerous unnatural chemicals that are hazardous to life-forms and the environment. What a novel idea that all of the research and development for everything from aerospace engineering to natural sweetners has already been performed by mother nature. Biologists feel that these ideas are out there for us to utilize and produce not only sustainable and balanced products, but even restorative ones that would actually leave the environment in better condition than before humans. I still feel I have not explained it very well here so please do yourself a favor and check out the video below. Cheers to all.