European Contact Tracing Consortium Faces Wave of Defections

European researchers are raising alarms over the direction of contact tracing in the European Union (EU), amid concerns that countries like France and Germany could choose a centralized system that puts personal privacy at risk.  The group of academics, organizations, and companies helping develop the underlying technology for a number of EU nations, known as […]

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Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot

Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England.  Over the past 24 hours, bitcoin (BTC) was down 1 percent Thursday afternoon New York time and ether (ETH) was down 1.2 percent.  Notable gainers on CoinDesk’s big board include dash (DASH) […]

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We Blew a $4.2 Trillion Debt Bubble – Then 10 Million of Us Lost Our Jobs

The latest Federal Reserve consumer credit report released on Tuesday. It shows record levels of outstanding credit in February: $4.2 trillion. With unemployment rocketing, another financial crisis is around the corner. Total outstanding U.S. consumer credit stood at nearly $4.2 trillion in February. According to the latest consumer credit report from the Federal Reserve, seasonally […]

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Optimism Is Coming Back in the Stock Market – Will it Last?

Optimism is gaining the stock market, as COVID-19 cases and deaths are declining globally. While lockdown measures appear to be working, we shouldn’t be too optimistic as a second wave of infections might occur. Stocks are trading at attractive valuations, but we should stay prudent since more downsides are likely. Global stock markets surged on […]

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A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable

The U.S. housing market could lose 4% of its value. Unemployment claims and layoffs would be a headwind. Demand is expected to fall off a cliff thanks to the coronavirus pandemic. The U.S. housing market is going to be one of the biggest victims of the novel coronavirus pandemic as people lose jobs and the […]

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U.S. Can’t Judge China After Ruthlessly Firing Navy Captain Crozier

The U.S. Navy relieved Captain Brett Crozier of his commander duties today. After his ship was stricken with a coronavirus outbreak, he wrote a letter to the Navy. That letter leaked to the press. The U.S. is starting to resemble authoritarian governments like China. Donald Trump and others in the U.S. Government have been mighty […]

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U.S. Has the Most Coronavirus Cases in the World, But Donald Trump Still Won’t Act

The U.S. officially has the most coronavirus cases in the world, surpassing China and Italy. Donald Trump still refuses to accept the severity of the virus and allowed it to spread across the U.S. By not restricting movement, the U.S. is allowing coronavirus to spread at an uncontrollable rate. In January the world watched in […]

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Alarming Message in Rare Fed Chair Interview

Fed Chair Jerome Powell did a rare interview on “Today.” While his appearance was alarming in itself, the Federal Reserve Chair’s conflicting messages sent a worrisome signal about the economy. If there’s “nothing fundamentally wrong with our economy,” why is the Fed pumping $4 trillion into it in one fell swoop? Fed Chair Jerome Powell […]

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Trump’s Coronavirus Response Isn’t Precaution, It’s Economic Terrorism

Trump’s COVID-19 response is an abrupt, radical reorganization of our society into a war economy. But there’s not an actual war happening. While Trump calls coronavirus “the invisible enemy,” the dangers of a nationwide standstill to Americans’ freedom and well-being multiply. Singapore and South Korea have contained coronavirus better than Italy without lockdowns. But the […]

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The Coronavirus API Delivers Vital Statistics Unmediated by Government Hands

The COVID-19 pandemic arrives as Americans’ trust in institutions is faltering. According to a January 2019 Pew Research Center survey, only 35 percent of adults have a great deal or a fair amount of confidence in elected officials to act in the public’s best interest, while fewer than half trust corporate or media leaders.  Further, […]

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