corona – DIGIT INFO

How Technology Will Help the Economy Recover

DIGIT — Fri, 24 Jul 2020 17:35:38 +0000

The economy in the U.S. has been brought to a halt by COVID-19, forcing businesses across the country to close their doors, sending millions of workers out of a job. As of April 2020. Unemployment in the U.S. reached a staggering 14.7% – the highest ever recorded since 1939. In some states, as many as 1 out of every 4 people are out of work and 43 states have record-breaking unemployment levels. This has caused the National Bureau of Economic Research to declare on June 8, 2020, that the U.S. is officially in a recession. Some of the economic changes

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Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe

DIGIT — Sun, 19 Apr 2020 10:05:03 +0000

Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann at SBAB Bank. Spring Real Estate Price Increase, Trend Broken […]

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Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press

DIGIT — Tue, 07 Apr 2020 17:05:29 +0000

The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country’s central bank has started the printing presses.

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Crypto Community Gets Prepping as Coronavirus Spreads

DIGIT — Sun, 01 Mar 2020 07:00:53 +0000

Crypto Twitter (CT) might not be the first place you’d think to look for pandemic survival strategies, but in recent weeks the community has gone into overdrive, busily discussing scenarios related to COVID-19 aka the coronavirus. While some figures have merely wondered what effect the outbreak will have on the bitcoin market, others have started […]

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