Archive for the 'Economy' Category

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Will Google’s Social Credit System Determine Your Future?

February 12th, 2020

Via: Mercola: Google is the largest monopoly the world has ever seen, and its data-siphoning tentacles reach deep into our everyday lives, collecting data on every move you make and conversation you have, whether online or in the real world. … According to Fast Company, China’s social credit system is not entirely unique. “A parallel […]

For Decades, U.S. and Germany Owned Swiss Crypto Company Used by 120 Countries

February 11th, 2020

I am Jack’s complete lack of surprise. Via: Ars Technica: Crypto AG, a Swiss cryptographic communications gear company that got its big break building code-making gear for the US Army in World War II, has been a provider of encryption systems for more than 120 countries. And according to a report by The Washington Post […]

U.S. Household Debt Exceeds $14 Trillion for the First Time

February 11th, 2020

If you’re going to hit the wall, might as well light off the afterburner. YEEE HAAAAAAAA! Via: Bloomberg: Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages, according to a report released today from the Federal Reserve Bank of New York. Total […]

Nissan Halts Japanese Plant Over Coronavirus Issue

February 11th, 2020

It’s astonishing to see very major cities like Beijing, Shanghai and Shenzhen mostly shut down. What will be the economic cost of this situation to China, and the world? I haven’t seen much information yet about the implications to global supply chains, but there was this piece from Forbes, Coronavirus Hits Electronics Manufacturing Hard, Companies […]

CORONAVIRUS IS AIRBORNE

February 9th, 2020

Via: China Daily: Confirmed transmission routes of the novel coronavirus include direct transmission, contact transmission and aerosol transmission, a Shanghai official said on Saturday. “Aerosol transmission refers to the mixing of the virus with droplets in the air to form aerosols, which causes infection after inhalation, according to medical experts,” said Zeng Qun, deputy head […]

Shenzhen: Foxconn Factory Workers Told to Stay Home

February 8th, 2020

Via: Bloomberg: Hon Hai Precision Industry Co. told employees at its Shenzhen facility not to return to work when the extended Lunar New Year break ends Feb. 10, according to a memo obtained by Bloomberg News. The moratorium represents an extreme effort by Apple Inc.’s most important partner to curb the spread of the novel […]

Tencent May Have Accidentally Leaked Real Data on Wuhan Virus Deaths

February 6th, 2020

It continues to be very difficult to ascertain what’s actually happening in China. I’ve been trying to find confirmation of this story: Epoch Times: Funeral Home Worker in Wuhan: We Are Working 24/7 to Cremate Bodies. Of all of the videos I’ve seen, this one is the most worrying. It appears to have been taken […]

7-Eleven Tests Cashierless Store At North Texas Headquarters

February 6th, 2020

Via: CBS: A new 700-square foot 7-Eleven store has opened in Texas, but this one doesn’t have a human cashier. The pilot store, at 7-Eleven headquarters in Irving, uses a mixture of algorithms and predictive technology to separate individual customers and their purchases from others in the store. The concept location offers some of the […]

Texas: Homeless Camp the Size of Three Football Fields Catches Fire

February 6th, 2020

Via: Fox: A fire broke out at a large homeless camp below the eastbound frontage road of Anderson Lane, between IH-35 and Cameron Road Monday morning. “We come down here for medical calls a lot. We always feared there being a fire — well there was a fire. Upon arrival there were no residents of […]

pShuttle Gene and Wuhan Coronavirus: Request for Expert Help with Sanity Check

February 3rd, 2020

If you are one of the many university professors in the life sciences reading Cryptogon, I would appreciate your opinion on these articles: James Lyons Weiler: On the Origins of the 2019-nCoV Virus, Wuhan, China: A database search by the first team to study and publish the whole genome sequence for the origins of the […]

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