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.

Sponsored by AuntieBrentals

Corona-Recession-Becoming-Depression?

 

 

 

Fear Anxiety Hope In A Time Of Fast Change-Podcast 643

In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643 a look at coping with angst. Social media and instant coverage drives more worry and concern. How do we cope?

Fast Change

It’s hard to believe how much the world has changed in just ten years. Five years ago social media was in its infancy. Twitter is just 11 years old this year. The iPhone is only ten years old. Smart devices are getting smarter. Especially relevant is the truth that change is going to go faster. Drones. Cyber Terror. Driverless Cars. Autonomous Machines. Some of the effects will be good. Some will not be good.

Fear Anxiety Dread Anguish

Seems like we used to talk about robots disrupting traditional businesses. Now it’s happening. So, when Amazon buys Whole Foods, there is a reaction. Does this mean people will lose their jobs? Does cheaper food mean deflation? When there is a new development we’re immediately told what the effects will be before anyone has had a chance to soak it in. In In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643.

Gonna Take More Than Just Love

What is the antidote to fear and loathing? Truth is, it would be easy to say love is the answer. What is love without knowledge? Remember how we learned to swim or ride a bike? There was fear at first, until we figured out step by step what we had to do to float, or balance. From knowledge and experience comes judgement.

Building A New World

New technology forms the cornerstones of the world we’re building, whether we want to build or not. Social media, constant coverage, blathering back and forth, isn’t going to stop. We need to learn more and fear less in order to make the right choices. Perspective comes from the combination of knowledge and life experience. The more we know about things we don’t understand the less we fear them. We’ll talk about it in In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643.

Taking Charge

Human connections and real experiences are also important. Turning off the shouting back and forth. Taking a break from politics. Giving to and accepting help from those that come from different perspectives helps build a base of experience and knowledge. Reading a book about something not relevant to the day to day. Travel.

Try a Head Stand!

Finally, it helps to have some kind of physical practice. Whatever it is we like to do. Hiking, hunting, yoga, martial arts, camping, running. It all helps to get away from the natural inclination to check your twitter feed or post another selfie on Instagram.

Sponsored by Ryan Plumbing and Heating of Saint Paul

In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643

Podcast 537-Bob Davis Podcasts Radio Show-39

Podcast 537-Bob Davis Podcasts Radio Show-39. This week’s radio show contains 3 segments of new content for radio listeners and podcast subscribers. While the mission of the radio show is to bring content from the podcasts back to the radio, the political situation this week requires some additional thinking and reworking some of the ideas in Podcast 536. Podcast 537-Bob Davis Podcasts Radio Show-39 takes a look at what’s wrong with our political party system and makes some policy suggestions on the economy as thought starters for listeners and subscribers. These aren’t so much policy advocacy as a method to provoke thought and conversation around the idea that we have to do better. We have to hold our politicians and the political system to a higher standard, because we deserve better. As we progress to the final stages of the worst presidential election cycle in one hundred years the realization comes that no matter who takes the oath of office in January of 2017 the chances anything will change are remote. In fact, our national situation will either muddle along the same lines, or chaos will ensue. Your guess is as good as anyone else’s when it comes to which mainline candidate will produce muddle, or chaos. I’m not even sure which of both negative outcomes I would prefer, if such a thing is something you contemplate. Later in the show, questions about our national political themes. What happened to the America that was strong, not afraid to compete in the world, not afraid of the world, and ready to take risks to achieve. How did we become a nation of depressed, conspiracy theory mavens and people demanding someone ‘help’, ready to attack anyone for their view if it is contrary to their own? What happened to our money? What happened to our leadership? I believe what happened was too much government, expected to do too much, with mediocre ‘leaders’ who go along to get along, so they can keep their cushy jobs. We have to take it back. Taking it back means creating a new political movement in this country that pushes past the crust of the political party and primary systems, designed to keep the establishment in control. They tax us, divide us, scare us and control us, all to the purpose of making sure we’re good boys and girls. Remember, the people are the sovereign in this country, not Washington. Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul.