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?

 

 

 

Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908

What’s a Monger Dad?

First of all a monger is someone who deals in something. These days with Coronavirus you might find yourself being called a fearmonger. Learn more in Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908.

Virus Fear

Especially relevant is my most recent podcast. I said if the virus causes an economic slowdown it would limit the President’s shot for a second term.

Not Just The Market

Moreover I did not base my analysis on the stock market. I know full well ups and downs will happen everyday until Covid-19 runs its course.

Things Should ALWAYS Go Smoothly Right?

I want to talk about how we expect things to go smoothly no matter what.

Always Right…Never Wrong

In addition, time to talk about how predictions about a developing story having to be one hundred percent correct all the time.

Fake News!

Most noteworthy, politicians who demonize media that doesn’t follow the party line. Fake News! Lies! Political Agenda!

Nothing To See Here Folks

Also the idea that ‘professionals’ are in charge. There’s nothing to worry about here! Just go back to your homes and wait for further instructions.

Projecting An Air Of Confidence

These days public and corporate officials project an air of confidence and competency.

Consequently our companies and governments maintain a a veneer of perfection publicly.

What happens when smart people make things go wrong? Check it out in Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908.

Cascade To Crisis

We’re on top of this! Nothing to worry about! Then, the unexpected cascade into crisis.

How do we react when the ‘super competent’ are swamped?

Complex Developing Crises

In conclusion don’t be so quick to judge someone’s takeaway today. Tomorrow they might be right. Especially when it comes to complex and developing crises.

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Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908

America’s-Road-To-Oblivion-Bob Davis Podcast 888

Is Populism The Road To Oblivion?

First of all, I’ll say it if no one else will. I think our politics is too focused on ‘the little guy’. Is populism the road to oblivion for us? Learn more in  America’s-Road-To-Oblivion-Bob Davis Podcast 888.

What’s Populism?

What is Populism? Where did it come from? I’ll tell you in this podcast.

Give The People What They Want, Right?

Certainly populism as a tactic does not have a cohesive ideology. I will point out it’s not about addressing specific issues. It’s about giving the people what they want.

Business As Usual Especially When They Say They It Won’t Be

Moreover I think politicians playing to the cheap seats risk making very bad decisions. Finally, it’s not just politicians.

Voting Against Yourself

It’s especially relevant to remember voters often make choices against their own best interests.

Democrats AND Republicans

Furthermore populism doesn’t call one of the two parties ‘home’. Populism is present in both party’s ‘business as usual’ politicians.

That’s Right…Populism

Consequently when democrats promise free basic incomes, free education and free health insurance. Or when republicans promise trade policies to protect coal miners, steel workers and farmers. It’s all the same. Populism.

A More Powerful Government

Meanwhile it sure seems like this trend leads to a more dangerously powerful and expensive government. Learn more in America’s-Road-To-Oblivion-Bob Davis Podcast 888.

Banana Republic Or Rome?

Due to masses lining up with their hands out, blaming capitalism or the deep state for all their problems we’re on the road to oblivion. We might end up banana republic, joining the other dead societies in history. Hence, Oblivion.

Don’t Hold Your Breath

Therefore I offer a small quiet voice of protest. Will it get fixed? Not anytime soon I am afraid.

Sorry but…

This just has to run its course.

(Editor’s Note: I refer to William Jennings Bryan as Wilson’s ‘former’ Secretary of State when discussing the election of 1896. Obviously Jennings became Secretary of State much later.)

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America’s-Road-To-Oblivion-Bob Davis Podcast 888