|
Temple Mill Island
Temple Mill Island is an island in the River Thames in England upstream of Marlow, and just downstream of Temple Lock. It is on the southern Berkshire bank close to Hurley. The island is named after the three watermills that used to be on the island for beating copper and brass. The island now has a modern housing development on it with a marina. Daniel Defoe referred to the mills in his ''A tour thro' the Whole Island of Great Britain'' (1724-1727). He referred to the ''"three very remarkable mills, called Temple-Mills, for making Bisham Abbey Battery-work viz. Brass Kettles and Pans &c of all sorts. And these works were attended with no small success, till in the year 1720, they made a bubble of it; and then it ran the fate of all the Bubbles at that time"''. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Bubble
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify. Bubbles can be caused by overly optimistic projections about the scale and sustainability of growth (e.g. dot-com bubble), and/or by the belief that intrinsic valuation is no longer relevant when making an investment (e.g. Tulip mania). They have appeared in most asset classes, including equities (e.g. Roaring Twenties), commodities (e.g. Uranium bubble), real estate (e.g. 2000s US housing bubble), and even esoteric assets (e.g. Cryptocurrency bubble). Bubbles usually form as a result of either excess liquidity in markets, and/or changed investor psychology. Large multi-asset bubbles (e.g. 1980s Japanese asset bubble and the 2020–21 Everything bubble), are attributed to central banking liquidity (e.g. overuse of the Fed put). In the early stages o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watermills On The River Thames
A watermill or water mill is a mill that uses hydropower. It is a structure that uses a water wheel or water turbine to drive a mechanical process such as milling (grinding), rolling, or hammering. Such processes are needed in the production of many material goods, including flour, lumber, paper, textiles, and many metal products. These watermills may comprise gristmills, sawmills, paper mills, textile mills, hammermills, trip hammering mills, rolling mills, wire drawing mills. One major way to classify watermills is by wheel orientation (vertical or horizontal), one powered by a vertical waterwheel through a gear mechanism, and the other equipped with a horizontal waterwheel without such a mechanism. The former type can be further divided, depending on where the water hits the wheel paddles, into undershot, overshot, breastshot and pitchback (backshot or reverse shot) waterwheel mills. Another way to classify water mills is by an essential trait about their location: tide mills ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
