Menu

Blog

Archive for the ‘economics’ category: Page 107

May 14, 2020

One thought on “Get Ready for the Next Game-Changer: The Gold-Backed Digital Yuan”

Posted by in category: economics

A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world’s largest economy by PPP for a few years now, may soon become the world’s largest economy even in exchange rate terms.

by Pepe Escobar

Continue reading “One thought on ‘Get Ready for the Next Game-Changer: The Gold-Backed Digital Yuan’” »

May 13, 2020

An AI can simulate an economy millions of times to create fairer tax policy

Posted by in categories: economics, policy, robotics/AI

Deep reinforcement learning has trained AIs to beat humans at complex games like Go and StarCraft. Could it also do a better job at running the economy?

By

Tony Webster / Flickr.

May 13, 2020

Countries Rolling Out Coronavirus Tracking Apps Show Why They Can’t Work

Posted by in categories: biotech/medical, economics

If you think tracking apps will keep people safe as economies reopen, look to South Korea, Singapore, and Australia to see why you’re mistaken.

May 13, 2020

Dynamics of gut bacteria follow ecological laws

Posted by in categories: biotech/medical, economics, finance, mathematics

As expected, they discovered large fluctuations in the composition and daily changes of the human and mouse gut microbiomes. But strikingly, these apparently chaotic fluctuations followed several elegant ecological laws.

“Similar to many animal ecologies and complex financial markets, a healthy gut microbiome is never truly at equilibrium,” Vitkup says. “For example, the number of a particular bacterial species on day one is never the same on day two, and so on. It constantly fluctuates, like stocks in a financial market or number of animals in a valley, but these fluctuations are not arbitrary. In fact, they follow predictable patterns described by Taylor’s power law, a well-established principle in animal ecology that describe how fluctuations are related to the relative number of bacteria for different species.”

Other discovered laws of the gut microbiome also followed principles frequently observed in animal ecologies and economic systems, including the tendency of gut bacteria abundances to slowly but predictably drift over time and the tendency of species to appear and disappear from the gut microbiome at predictable times.

Continue reading “Dynamics of gut bacteria follow ecological laws” »

May 12, 2020

How covid-19 could change the financial world order | The Economist

Posted by in categories: biotech/medical, economics, finance

Overview global economy.


America has dominated global finance for decades. But could covid-19 tip the balance of financial power in China’s favour?

Continue reading “How covid-19 could change the financial world order | The Economist” »

May 9, 2020

Breakthrough COVID-19 treatment developed by UAE stem cell center with promising initial results

Posted by in categories: biotech/medical, economics

The new coronavirus invades the body through a spike protein that lives on the surface of virus cells. The S protein, as it’s called, binds to a receptor called angiotensin-converting enzyme 2 (ACE2) on a healthy cell’s surface. Once attached, the cells fuse and the virus is able to infect the healthy cell.

ACE2 receptors are present on cells in many places throughout the body, and especially in the lungs. Cells in the lungs are also some of the first to encounter the virus, since the primary form of transmission is thought to be breathing in droplets after an infected person has coughed or sneezed.

That’s why it was necessary to upgrade Stem Cell Neurotherapy for COVID-19 by adding T-Cells, B-Cells, and Natural Killer Cells to the arsenal. It was not enough to just regenerate new lung cells to replace the lung cells infected by COVID-19, but the COVID-19 Virus Cells had to be attacked and destroyed in order to prevent them from invading and infecting the newly regenerated lung cells.

Continue reading “Breakthrough COVID-19 treatment developed by UAE stem cell center with promising initial results” »

May 9, 2020

Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

Posted by in categories: bitcoin, business, economics

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto.

May 8, 2020

Podcast #45: The Post Covid-19 Future, Part 2, Economics and Investing with Jim Lee

Posted by in categories: biotech/medical, economics, finance

“The main purpose of the stock market is to make fools of as many men as possible.”–Bernard Baruch.

May 7, 2020

Patterns, Choices & Consequences

Posted by in categories: biotech/medical, bitcoin, economics, finance

The choices we make today, and it’s consequences will shape up this decade. Can we break the current pattern, engage with this new financial system and adapt to new realities? #blockchain


As human beings, we are defined by patterns. Our collective pattern defines society. We are empowered with choices – furthering the patterns, or breaking them or creating new ones. In the physical world, these choices could be social, economic, technological, or ecological. Based on the choices we make – good, bad, or ugly, we enjoy or suffer consequences. COVID-19 escalated the macroeconomic situation leading to liquidity, demand, and supply shocks. Can we break the current pattern and embrace digitization, decentralization and sound money? In turn, making choices that will create affirmative consequences for humanity.

Patterns, Choices & Consequences

Continue reading “Patterns, Choices & Consequences” »

May 7, 2020

Chinese Court Declares Ethereum Legal Property With Economic Value

Posted by in categories: bitcoin, cryptocurrencies, economics, law

There is an interesting case of a blockchain engineer and a crime in the article.


A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property.

The Shenzhen Futian District People’s Court in Guangdong Province, China, has ruled that ether is legal property, protected by Chinese law, local media reported last week. This means that the Chinese are not barred from owning or transferring the cryptocurrency, local publication 8btc explained, adding that according to the court ruling:

Continue reading “Chinese Court Declares Ethereum Legal Property With Economic Value” »