Coronavirus as a Symptom of Systemic Stagnation

... technological transition, which will see the synthesis of physical, digital and biological technologies (the foundations of the Fourth Industrial Revolution). Technological progress is relevant primarily because the global economy has been developing in ... ... This category of banks makes money through payment services only. With 100 per cent reserves, the government is thus able to finance its expenses at a zero-interest rate and does not have to resort to expensive loans. Accordingly, the issuance of risky ...