Corona-Recession-Becoming-Depression?-Bob Davis Podcast 941

Corona-Recession-Becoming-Depression?

Firstly chances of a happy ending to this pandemic are fading. Learn more in Corona-Recession-Becoming-Depression?-Bob Davis Podcast 941.

Going Against The Optimists

Secondly I know what I have to say goes against the optimists.

Pollyanna

However there’s optimism, then there’s Pollyanna.

Mental Health

Thirdly and most importantly are concerns and questions about our overall mental health.

Giving In To Reopening Pressure

Certainly it’s now clear some states gave in to political pressure to reopen.

Shutting Back Down

As a result we face the specter of shutting back down. One of the reasons I ask whether the Corona Recession Is Becoming A Depression?

Negative Economic Impacts

Above all the big concern is additional negative impacts on the US Economy.

Relief Running Out

Even more unemployment benefits and business relief packages are running out.

The Sheriff Is Here With Your Eviction Notice

Finally as the grace period on evictions ends people are forced to move.

“This Is All Going To End, You’ll See”

This was all supposed to be over by now, right?

Taxpayers Are Broke…So Is The Government

Meanwhile Congress and the White House are negotiating new relief that starts at one trillion dollars. Where is the production and the tax revenue to pay for it?

Enormous Debt To Stop The Panic

More debt, more money printing and more borrowing future growth to stop the bleeding now.

The Boom Was A Dream

In addition the bill for the central bank’s propping up the world economy for at least ten years is coming due. Our economic boom was a dream. Corona is the shock that ended it.

Good Morning Sunshine!

In short it is not a pretty picture.

Optimism Rests On Stock Market and Unemployment Numbers

Similarly you’re going to hear a lot about unemployment numbers, the stock market and so on. But these are not how we measure the economy.

Top Guys Hedging Their Bets

In conclusion top financial people are already hedging their bets. Warning of gathering storm clouds and trouble ahead.

Kanye West, Protests and Karen

The fact that these stories have not seeped into the mainstream is especially relevant. But when you have riots, Kanye West and Karen’s antics at the WalMart to share on social media, who cares about the economy?

Really Hope The Optimists Are Right

To sum up, batten down the hatches America, in about a month we all may wish the eternal optimists were right.

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Corona-Recession-Becoming-Depression?

 

 

 

Podcast 348

Freelance Nation. Live from Los Angeles, California on Road Trip 2015! First, an update on the trip to LA from Phoenix. All the way from the desert to the sea. With a massive Orwellian wind farm in between. If wind power accounts for around one percent of all energy production in the US (effectively zero worldwide), does it make sense to subsidize an industry and ruin a perfectly good valley? We leave the news updates for another time, in this podcast, Los Angeles is home to the entertainment industry and there are 13 and a half million people living here, sometimes it seems like no one works. Almost everyone is always home! In reality, many work on projects at home, or freelance different jobs. You see a lot of people in the coffee shops, seemingly wasting time, but usually they’re working. One of those freelancers talked to the Bob Davis Podcasts about getting started on the production side of the TV, Commercial and Film business. You hear from a lot of actors on this subject, but not very often from production people; the people who work behind the scenes on some of your favorite shows and movies. Most of them start freelancing, at the bottom. What’s freelancing all about? Moreover, can this model of freelancing — something Angelenos working in the entertainment business have been doing for decades — be the model for how work gets assigned and done, in the future? This is an especially pertinent question given the advent of new technology. Of course, we’re live from Mobile Podcast Command Unit 8, using the brand new power unit, thanks to X Government Cars