Stephen McDonnell
๐ค SpeakerAppearances Over Time
Podcast Appearances
Interestingly, and we look at the tea leaves here in China, the word consumption was mentioned 31 times in the speech today as opposed to 21 times last year. Now, you might think, well, why does that matter? Well, it shows that this problem of building up greater consumer confidence is at the forefront of the minds of the Communist Party.
Interestingly, and we look at the tea leaves here in China, the word consumption was mentioned 31 times in the speech today as opposed to 21 times last year. Now, you might think, well, why does that matter? Well, it shows that this problem of building up greater consumer confidence is at the forefront of the minds of the Communist Party.
And, you know, a decade ago, they said there was going to be this shift towards consumerism. an economy reliant much more on domestic consumer confidence, domestic consumer spending. But it hasn't panned out that way.
And, you know, a decade ago, they said there was going to be this shift towards consumerism. an economy reliant much more on domestic consumer confidence, domestic consumer spending. But it hasn't panned out that way.
To attempt to encourage this, they've had financial incentives to switch out your old clapped-out car, to swap your old appliances for new ones, cash for clunkers, as it's being referred to. They're going to allow a greater proportion of the GDP to be caught up in debt, so the deficit-to-GDP ratio has gone up. and yet not really much change to China's social safety net provisions.
To attempt to encourage this, they've had financial incentives to switch out your old clapped-out car, to swap your old appliances for new ones, cash for clunkers, as it's being referred to. They're going to allow a greater proportion of the GDP to be caught up in debt, so the deficit-to-GDP ratio has gone up. and yet not really much change to China's social safety net provisions.
Many economists are saying the way to fix this is to put more money into the hands of ordinary households, and that way they'll spend some more. And yet really, this time round, not a lot on that front, and so there's still a lot more work to do.
Many economists are saying the way to fix this is to put more money into the hands of ordinary households, and that way they'll spend some more. And yet really, this time round, not a lot on that front, and so there's still a lot more work to do.
When they amputate a limb, they also cut nerves. And when you injure nerves, the chance of someone having pain that doesn't go away is much higher than when tissue is injured. And so hydro dissection involves using ultrasound to inject very high volumes of fluid. It could be local anesthetic, could involve steroid, saline, in this case, a sugar solution, and it breaks up scar tissue.
When they amputate a limb, they also cut nerves. And when you injure nerves, the chance of someone having pain that doesn't go away is much higher than when tissue is injured. And so hydro dissection involves using ultrasound to inject very high volumes of fluid. It could be local anesthetic, could involve steroid, saline, in this case, a sugar solution, and it breaks up scar tissue.
It can improve blood flow to the patient. scarred nerves that are not receiving blood flow. It could wash out if it's done early on calcifications that can form and be painful. It can stop these nerve endings from spontaneously firing and it can release them when they're scarred down.
It can improve blood flow to the patient. scarred nerves that are not receiving blood flow. It could wash out if it's done early on calcifications that can form and be painful. It can stop these nerve endings from spontaneously firing and it can release them when they're scarred down.
we know that outcomes are better for acute pain than for chronic pain. So some of the potential advantages for doing this early is like when calcifications form, they're probably extremely difficult to wash out if it's late. And the studies are mixed, like when they use high volume washouts with fluid, whether it can prevent calcifications. But the other thing that happens with chronic pain
we know that outcomes are better for acute pain than for chronic pain. So some of the potential advantages for doing this early is like when calcifications form, they're probably extremely difficult to wash out if it's late. And the studies are mixed, like when they use high volume washouts with fluid, whether it can prevent calcifications. But the other thing that happens with chronic pain
is that your nervous system becomes more sensitized and that becomes really, really difficult to treat.
is that your nervous system becomes more sensitized and that becomes really, really difficult to treat.
They've studied it for chronic pain from tissue injury and they've studied it for neuropathic pain or pain that follows injuries to nerves. And the results are very auspicious, but I will say the studies are not super large and super high quality.
They've studied it for chronic pain from tissue injury and they've studied it for neuropathic pain or pain that follows injuries to nerves. And the results are very auspicious, but I will say the studies are not super large and super high quality.
The potential is definitely there.
The potential is definitely there.