China Underreported Coronavirus Infections 520% in a Day, Leaked Data Show

Unconfirmed reports from the Epoch Times suggest the Chinese Communist Party is dramatically undercounting Covid-19 infection data. The New York-based outlet claims to have obtained leaked internal documents from Shandong province’s local government. On Feb. 18, Chinese authorities may have undercounted Covid-19 infections by a staggering 520%. Coronavirus cases surmount 81,000 globally. | Source(s): Johns […]

Continue Reading

China Has Many Strategic Reasons To Invest in Blockchain

Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology.  In October, China’s President Xi Jinping said China should “seize the opportunity” to use the blockchain. To cryptocurrency advocates, this is exciting – and confusing. Why would a deeply […]

Continue Reading

Are Overstimulated Stocks Ignoring Coronavirus Risks?

The Wuhan coronavirus is rapidly spreading around the globe and may soon be declared a global pandemic. The crisis is having a significant economic impact on companies, but financial markets remain nonchalant. China’s economic stimulus may be distorting financial markets. The West should avoid falling into the same trap. The Wuhan coronavirus outbreak has grown […]

Continue Reading

‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever

“All the Banks Are Broke,” and they’ve only got worse. Quantitative easing forever? The threat of cryptocurrencies will disrupt the financial sector.  A video from 2013 depicting a European minister’s tirade against the global banking system has recently re-emerged and gone viral. Gaining massive traction within the crypto community, the speech is now more relevant […]

Continue Reading