Weekly News (2021-03-1)
3 min read

Weekly News (2021-03-1)

Everything is about to get more expensive. It's a crucial next step for the US economic recovery.

Because of the pandemic, the US economy has suffered from a lack of demand. However, as the pandemic goes off and Biden's stimulus package implementing, we are likely to see a comeback of high demand and a spike in inflation.
The high demand coming up may boost prices across a variety of goods, especially of those that suffered the most in the pandemic.

Everything is about to get more expensive. It’s a crucial next step for the US economic recovery.
A healthier economy means more demand and higher prices for thinks like houses and healthcare. This inflation doesn’t mean the US is overheating.

The Boredom Economy

The pandemic is terrible, but it's also boring.
With more time spending at home, people now have more time doing nothing. Researchers have observed several booms in demand for certain goods that will ease the boredom we have at home.
In addition, savings are at a historic high point, so are house prices, more and more people are fleeing to places with no man.

The Boredom Economy
The pandemic is terrible. It can also be tedious. And that tedium is shaping what people buy and how productive they are.

How a Chinese website for pirated TV shows became a cultural touchstone for millennials

For the millenials in China, watching foreign films on Renren yinshi is their only opportunity to learn about the outside world.

How a Chinese website for pirated TV shows became a cultural touchstone for millennials
“Two Broke Girls,” starring Kat Dennings and Beth Behrs, is a popular show among Chinese millennials.

SpaceX's Starship rocket lands but then explodes

But it's fine. Cuz more space rockets from SpaceX are on the way.

SpaceX’s Starship rocket lands but then explodes
Elon Musk’s concept space vehicle completes a test flight but then destroys itself in flames.

Why we can't stop peeking into other people's lives

People are known to be curious species, and in times like the pandemic, peeking into other people's lives is not only about satisfying our creepy needs. Whether consciously or unconsciously, browsing through Facebook, Instagram and Twitter is actually a way of learning how we should cope with the pandemic and what the new social norms are.

Why we can’t stop peeking into other people’s lives
Humans are curious – and we’re looking into each other’s lives more than ever. But in a pandemic, this might not simply be a nosy habit.