Discover and read the best of Twitter Threads about #fiscalpolicies
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Daily Bookmarks to GAVNet 01/21/2022 greeneracresvaluenetwork.wordpress.com/2022/01/21/dai…
Synthetic viral lookalikes sneak gene-editing tools into cells
nature.com/articles/d4158…
#GeneEditingTools, #BaseEditor, #AnimalCells, #SyntheticVirusParticles
nature.com/articles/d4158…
#GeneEditingTools, #BaseEditor, #AnimalCells, #SyntheticVirusParticles
To ensure growth of 3%+, #China needs expansionary fiscal&monetary policies. CASS estimates the infrastructure investment required for imposing expansionary #fiscalpolicies amid the #pandemic will need to be way higher than the RMB 4 trillion package. By Yu Yongding at CASS
With fiscal deficits rising, many are opposed to stimulus like the RMB 4 trillion package in 2008, worrying that fiscal deficit would surge and push up government #debt. But it doesn't necessarily mean that China shouldn't take more expansionary policies than in 2009, because:
1. Its debt is much lower than many developed countries;
2. People worry about high leverage because lenders are afraid that borrowers will default and stop lending, triggering sovereign debt crisis, but that’s unlikely in China;
2. People worry about high leverage because lenders are afraid that borrowers will default and stop lending, triggering sovereign debt crisis, but that’s unlikely in China;
