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The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

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Re: The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

#5
A summer away from one's family, doing hard work in the mud, eating highly processed food from cans and drinking tons of alcohol sounds like a real blast of a time for young men if not for the mosquitoes and questionable economics of it all.

It sucks that they'd destroying the land and the rivers but that's not new. Hopefully they find some equilibrium that legalizes what they're up to that maximizes the upside and minimizes the damage like more mature resource extraction industries do.

Re: The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

#6

A summer away from one's family, doing hard work in the mud, eating highly processed food from cans and drinking tons of alcohol sounds like a real blast of a time for young men if not for the mosquitoes and questionable economics of it all. It sucks that they'd destroying the land and the rivers but that's not new. Hopefully they find some equilibrium that legalizes what they're up to that maximizes the upside and m…

> like more mature resource extraction industries

I have zero confidence that mature natural resource extraction companies are operating within sustainable bounds today, and a lot of evidence to back that up...

a large enough collection of resource extraction industries have already denuded vast areas and continue to do so .. combine with poisonous petrochemical products over time and industrial lighting and roads.. we are in a fast-paced extinction event.. "we" means a lot of economies..

It is "successful" in the short term to be greedy. Many companies today are successful.

Re: The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

#7

A summer away from one's family, doing hard work in the mud, eating highly processed food from cans and drinking tons of alcohol sounds like a real blast of a time for young men if not for the mosquitoes and questionable economics of it all. It sucks that they'd destroying the land and the rivers but that's not new. Hopefully they find some equilibrium that legalizes what they're up to that maximizes the upside and m…

This is a bad take. The article makes it clear that most of them will lose money on the venture, and the reason the prices are high are due to status-mining chinese elites and traditional-medicine paranoiacs in vietnam. It's a pretty dismal situation.

Re: The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

#8
post #7

A summer away from one's family, doing hard work in the mud, eating highly processed food from cans and drinking tons of alcohol sounds like a real blast of a time for young men if not for the mosquitoes and questionable economics of it all. It sucks that they'd destroying the land and the rivers but that's not new. Hopefully they find some equilibrium that legalizes what they're up to that maximizes the upside and m…

This is a bad take. The article makes it clear that most of them will lose money on the venture, and the reason the prices are high are due to status-mining chinese elites and traditional-medicine paranoiacs in vietnam. It's a pretty dismal situation.

Didn't most people in the original Gold Rush lose money too?

Re: The Mammoth Pirates – In Russia's Arctic north, a new kind of gold rush

#10
I understand that the carved mammoth's tusks can be worth millions, but

> The market for powdered rhino horn in Vietnam is partly due to a belief it can cure cancer. By the time it reaches Vietnam, the horn will be worth more than its weight in gold.

So they even sell based on myths and legends? What insanity. I thought museums would pay for this. Not to mention the work an life conditions in these remote regions of Russia. This is one hell of a documentary.

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