Posts

Showing posts from April, 2020

The Coming Greater Depression of the 2020s

ARTICLE : THE COMING DEPRESSION OF THE 2020s LINK OF THE ARTICLE :  https://www.project-syndicate.org/commentary/greater-depression-covid19-headwinds-by-nouriel-roubini-2020-04 I choose an   opinion article published the 28th of April 2020 by Project Syndicate "The World's opinion page". It was written by  Nouriel Roubini, Professor of Economics at New York University's Stern School of Business .   First and foremost , the purpose of the article is to propound a rather more detailed hypothesis or analysis of the economical consequences that the current health crisis is about to bring. As we all know the spread of the coronavirus in the entire world, has caused almost a worldwide recession of all non activities. As a consequence, the economic activity has known a big  downturn since the beginning of the quarantines although telecommuting has been a convenient solution for some lines of business. Additionally, in this article, Nouriel Roubini explains that this c

10 words to understand better the COVID-19 pandemic

10 WORDS RELATED TOTHE COVID-19 AND THEIR DEFINITIONS  If I understood well the purpose of this article, I think that our task was to choose 10 words out of the glossary that they offered. And hence we would be able to have a full comprehension of the news information about the current pandemic called COVID-19. Therefore I thought that it would be more logical to choose the words that I didn't know before reading this article.  WORD 1 :   furlough As I said I didn't know what this word meant but it happened to be a temporary layoff from work . So just as telecommuting, these are words that were not very usual, but since multiple governments decided to close all non-essential businesses and banned any non-necessary activity, in order to prevent the spread of the disease, a lot of workers have been furloughed.  WORD 2 :  herd immunity Herd immunity   is the immunity or resistance to a particular infection that occurs in a group of people or animals when

EXCHANGES IN REAL SPACES AND VIRTUAL SPACES

Image
EXCHANGES IN REAL SPACES AND VIRTUAL SPACES In the context of our modern world  and the birth of our new ultra connected generation Z, the frontier between real and virtual spaces is becoming less noticeable. It is a well known fact that our exposure to screens increases through time, since a major part of our activities are now available on the Internet. Also, our activities have changed since the technological revolution.  The point at issue sets the following question :    How far is the boundary between real and virtual spaces  becoming increasingly blurred nowadays? This is the case in point in Mark Dubovsky's cartoon "Working from home" and Harvey Schwadron's cartoon "Ace Computers".  DOCUMENT 1 : WORKING FROM HOME ; MARK DUBOVSKY  1) DESCRIPTION At the first look, we see in the foreground two working desks side by side. Likewise, they are both empty, no paper is laying on them and also no one sitting on the chairs. Actu