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

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?

 

 

 

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Bonnie-Clyde-1930s-America-Bob Davis Podcast 830

Bonnie-Clyde-1930s-America-Bob Davis Podcast 830

Nothing Sweeter Than The 1930’s

If you study history you know we all have our favorite periods. These days I turn more and more to 1930’s America. Specifically the story of Bonnie and Clyde. Learn more in Bonnie-Clyde-1930s-America-Bob Davis Podcast 830.

Highwaymen

There’s a new movie on Netflix called ‘Highwaymen‘. The movie details the search for Bonnie and Clyde and their inevitable end and stars Kevin Costner and Woody Harrelson. I like this movie because it does a better job telling more of the real story, than other efforts.

The Ford V8

Especially relevant to the story is the automobile and the then new national highway system. For Clyde Barrow there was no equal to the then brand new Ford V-8. This was Barrow’s number one choice to steal. Bonnie Parker died with a map of the old national highway system on her lap.

National Highway System

Most noteworthy Barrow was famous for covering as much as a thousand miles in one day in one of his stolen Ford V-8’s. The duo sped across New Mexico, Texas, Oklahoma, Arkansas, Florida, Louisiana, Indiana, Illinois, Michigan, Iowa, Missouri, Minnesota and Kansas on those brand new blacktopped two lane interstate highways, and many a dirt road or field during their crime sprees.

Depression and Crime

The height of the depression in the early 1930’s comes down to us in faded black and white photos, and speed graphic newspaper photos taken in tourist camps, abandoned farms and failed banks. Yet the people then, experienced it in color. Find out why this era fascinates me in Bonnie-Clyde-1930s-America-Bob Davis Podcast 830.

Criminal Minds

Finally there is this question of criminal behavior. Bonnie and Clyde have a special place in 1930’s history. To a certain degree their story line is a lie. Foolish young people pushed into a life of crime by life circumstances? Or criminals that terrorized local communities across the rural Midwest?

Mystery and Legend

In conclusion Highwaymen, three books I read before for a podcast I did about the mystery and legend of Texas Ranger Frank Hamer. Those links are here. I did these podcasts because so many inaccuracies and lies have become part of Bonnie and Clyde lore.

Sponsored by Ryan Plumbing and Heating Of Saint Paul

Bonnie-Clyde-1930s-America-Bob Davis Podcast 830

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