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Technological Invention of Disease

The technological invention of disease refers to the progressions in technology that have played a significant role in the identification, understanding, treatment, and management of diseases. Throughout history, technological innovations have revolutionized medicine and healthcare , allowing for more accurate diagnoses, improved treatments, and better disease prevention strategies. Diagnostic Advancements Technology has greatly enhanced the diagnostic capabilities in medicine. From the invention of the microscope by Anton van Leeuwenhoek to modern-day high-resolution imaging techniques like MRI, CT scans, and ultrasound, these innovations enable healthcare professionals to visualize internal structures and detect abnormalities with unprecedented accuracy. Moreover, the development of rapid diagnostic tests and advanced laboratory techniques, such as PCR (Polymerase Chain Reaction), has facilitated quick and precise identification of diseases, including infectious agents and geneti...

A predictable miracle:

Tech stocks trade at ludicrous prices, earnings change views, bricks and mortar are dead, and a new economic system is booming. The inevitable had to appear. 2008 Global Crisis: There were warnings of weak credit standards, indicating that the housing market is showing the usual signs of insanity and complex derivatives at stake. Another predictable miracle.

We now take a case of the current catastrophe on the national spot exchange.

A spot trade that represents contracts forward. There is no knob to adjust.

Interest accrual of 14-15% versus the prevailing hobby cost of 8%. Is it stable or not?

Brokers lending money without purchasing or checking the necessary security. Is this a good business exercise?

Attractive brokers clients with the promise of safe and secure investments. The promotion has not disappeared now?

Investors making payments to brokers without obtaining the required collateral. Greed of buyers.

All entries listed above are for informational purposes only. Wasn't this a predictable miracle?

So, the main question is: what prevents us from seeing these predictable surprises? There are five basic behavioral biases that hinder us.

Optimism. Everyone is too constructive about the deal and the profit it brings. There is no concept of analyzing the risks associated with such high borrowing costs.

The illusion for control: the idea that we can influence the end results of uncontrolled events. Change, agents, and customers have been affected by this bias.

Self-Serve Addiction: Interpret the data and act according to approaches that support our passions. Commerce needs volume, brokers need companies, and clients need higher interest rates. The general opinion eluded them all.

Instant gratification is based on an open-minded approach in the short term. All too often, we find that results that occur later tend to have far fewer choices the further we move towards our destination. "Eat, drink and have fun, because the next day we might die."

Inattention and blindness - don't expect to look at what you are not looking for. Brokers and traders have fallen into the trap of all the information and noise and forgot to follow the big picture.

When many people are making a lot of money, it is unlikely that they will back down and take into account the obvious shortcomings of their movements.

"If something can't go on all the time, it won't." This is a very revealing phrase. If the markets seem too precise to be true, they probably are. Learning to heed this simple reality will save you a lot of heartache when your birthday is over.

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