Another item is dating based on the stars. If you want to record a date you can record the position of the stars and planets. Such dating is attempted for the mahabharata and other Indian epics, but the language is very flowery so it is difficult to ascertain exactly.
Wasn't there a lot of economic instability in the soviet union? The Chinese leadership must have understood that and took on economic prosperity as the main way to preserve their government.
It's more a wealth transfer mechanism from younger people to take out loans to fund these inefficiences. And those loans are gauranteed against a person's lifetime earnings since they cannot be removed via bankruptcy.
Remove the financial incentives for inefficient work and you will get 10,000 ways to make universities more efficient.
The Chinese have an active propaganda machine for decades which tells all Chinese people the world is out to get them. They have completely internalized that. This makes them defensive and nationalistic so they can defend whatever the state does to them.
Because federal employees cannot practically be fired it is very common to try to move them sideways to get rid of them. Eventually they just get promoted.
I agree, I think the last bubble was when everyone was talking about it. Everyone wanted a piece and people were buying bitcoin hearing about the massive gains. I guess that's when the whales took profit.
The focus now by the whales to broaden the ~~sucker~~ buyer base via the ETF's.
The blockchain buzz has also been correlated to the bitcoin price. Both seem to have gone done.
Wall Street wants to trust it's money to miners in China? The whole mining concept is ridiculous, but they have probably done stupider things so it could happen.
An IT person who used to do be an engineer on a merchant ship told me that in IT finding the problem takes time but the fix is quick. But in physical mechanical work finding the problem is usually easy but the fix takes time. Sounds cute at least!
Now Rudy Giuliani, our country's cybersecurity adviser, says this is all a Twitter conspiracy.