Lifeboat Foundation

Are we in for the Big Short II? The cyclical nature of markets spells an eventual collapse of the real estate prices in the U.S. following the next global stock market meltdown and global recession which will be drastically different the next time around. For one, the coming collapse is about to start a secular declining trend in property values. Secondly, after the collapse, the prices of properties won’t be able to recover like they did after the previous “property market corrections.”

Why? I hope we all may agree that oil, for example, will never recover to all-time highs. Similar premises hold true for the existing home values. There are multiple major socio-economic structural changes on the horizon contributing to this permanent decline which is in the cards right now. Also, many conventional linear projections won’t even apply anymore.

THE NEXT “CYCLICAL” GLOBAL RECESSION — the world’s stock markets are the best indication of things to come in the economic milieu. The next financially engineered global recession may be the last effort by the capital-controlling elite of Wall Street to keep political and economic control over the global population and maintain the faltering capitalist system as long as possible;

The President says we are at war with the coronavirus. It’s a war we should fight to win.

The economy is in the tank, and anywhere from thousands to more than a million American lives are in jeopardy. Most analyses of options and trade-offs assume that both the pandemic and the economic setback must play out over a period of many months for the pandemic and even longer for economic recovery. However, as the economists would say, there is a dominant option, one that simultaneously limits fatalities and gets the economy cranking again in a sustainable way.

That choice begins with a forceful, focused campaign to eradicate Covid-19 in the United States. The aim is not to flatten the curve; the goal is to crush the curve. China did this in Wuhan. We can do it across this country in 10 weeks.

What is Universal Basic Income (UBI) and how could it help us deal with the coronavirus outbreak? What if… we gave people free money?

The idea of a basic income is that everybody would receive a modest amount paid each week or each month without conditions, paid equally to every man and every woman with a smaller amount to pay for every child.

Continue reading “Coronavirus and the Case for Universal Basic Income | WIRED UK” »

Can we build a better world with the lessons learned around this pandemic?

There is discussion that globalism will give way to community resilience and local digital manufacture, storage and transportation to provide abundant resources for normal and unanticipated needs.

#CommunityResilience #CommunityResourceCentres

Continue reading “We aren’t just stopping coronavirus. We’re building a new world” »

Quantum computers will revolutionize information technology, ushering in an era where certain types of calculations will be performed with almost unimaginable speed. Practical applications will include healthcare disciplines such as molecular biology and drug discovery; big data mining; financial services such as portfolio analysis and fraud detection; and artificial intelligence and machine learning.

The federal government is helping to create an environment in which quantum computing innovation and experimentation can flourish. The National Quantum Initiative Act puts $1.2 billion into the quantum research budgets of the Energy Department, the National Institute of Standards and Technology, NASA and the National Science Foundation. The law also outlines a 10-year plan to accelerate the development of quantum information science and technology applications.

Meanwhile, The White House’s Office of Science and Technology Policy is working to ensure that economic growth opportunities and opportunities for improving the world are baked into quantum policies and systems.

We must remember our values and life will always hold more value than money and or corporate profits.

I have seen a number of posts and comments from Transhumanists putting economy over lives during this COVID-19 Pandemic.

This mentality is not who we are. We hold life as the highest endeavour and it is to be fought for to the bitter end. We do not bow to the Economic Elitists because the costs are too high. I am going to point out some of the finer points from Zero State, a group that existed some time ago that gave birth to a vast number of Transhumanist leaders of today.

The Way Of The Sea

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Three years ago, manufacturing gadgets in China was a given. That’s changed fundamentally in the era of trade wars and coronavirus.

Under the new reality, the world’s electronics makers are actively seeking ways to diversify their supply chains and reduce their dependence on any single country, no matter how attractive.

Some people have claimed that a “business case” for profitable interplanetary trade with a Mars settlement, or at least the identification a saleable product for trade, is required before such a settlement can be established or supported by business or government. But there is no reasonable prospect for trade in any significant mass of physical material from a Mars settlement back to Earth in the near future due to the high transport costs. In his recent article in the National Review, “Elon Musk’s Plan to Settle Mars,” Robert Zubrin makes exactly the same point: a business case based on physical trade is not necessary and makes little sense. Later trade and commerce via non-physical goods such as software is probable once a settlement is fully operational. More significant and interesting economic situations will occur on Mars.

A good model for the expenditures needed to found colonies is the Greek and Phoenician expansion all across the Mediterranean and Black Sea areas in the period early in Greek history (before about 600 BC), leading to the founding of one of the greatest trading cities in history, Carthage. The cities who founded each colony did not expect immediate profit, but wanted good places for an expanding population and knew that, once the new cities were established, trade would also become established. Most of the cost was probably in building more ships. When European colonies were first established in the New World by Spain and Portugal, the emphasis was initially on a search for treasure, not production of products. English and Dutch colonies later led the way to commerce across the Atlantic, with tobacco, sugar, and cotton suddenly becoming a major part of world trade.

A look at some of the steps required to create a Mars settlement will help us understand at least a little about Mars settlement economics. For a Mars settlement, motivation and economics are interwoven. It is possible for at least a partial business case to be made for the transport of settlers and the materials they will need to initiate some phase of Mars settlement. This includes the current effort to create a large number of reliable, low cost, and reusable super-heavy boosters and spacecraft, able to take payloads of 100 tons or more of cargo and passengers to Mars and land them at the right location. Part of this development and construction cost will be defrayed by commercial and government uses of the same vehicles, such as placing very heavy payloads in LEO and taking equipment and passengers to and around the Moon.

Claims that the cure is worse than the disease rely on a false tradeoff between human needs and the economy.

Gregg Gonsalves, Amy Kapczynski