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Sunday, February 1

The rise of 3D printing and the fall of oil prices

Recently saw a headline that some company in the USA had 3D printed a car.  Yesterday heard a news blurb that China has 3D printed a five-story building.  This is going to revolutionize the construction industry, said the reporter.  Gee no kidding. 

The reporter also noted how fast all this is happening -- within the past two years. For years 3D printers were a novelty printing out novelties.  For years hydrofracking had no measurable impact on the oil industry.
There's still a delayed reaction; societies haven't yet absorbed the vast changes upon them. 

Economists, central banks, deer in the headlights.

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