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

Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797

First of all they say an eclipse brings change. Do you think we need change or have we had enough? Learn more in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

Shouting Across the Aisle

These days all you hear about is the latest insult. What one is doing to the other. What the other said about the one. Meanwhile there are lessons to be learned from the longest ‘government shut down in history’, even if it is over by the time you listen to this podcast.

Feds Furloughed. What About The Rest Of The Country?

As federal workers head into their second pay period with no paycheck, certainly they have concerns about the future. What about the rest of the country?

US Federal Government. Too Big To Fail?

In contrast to the furloughed feds, the rest of us are learning just how important the federal government is to the overall US Economy. In my state the federal government is one of the top five employers. The same is true to varying degrees in most other states. Find out more in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

Fruits Of Government Not Labor

Consequently all the talking heads seem to be focused on the fruits of the government, and what happens when those fruits are taken away.

While the rest of the world bemoans the state of the federal employee, what about the impact of government spending? It’s all in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

New Theory Spend, Borrow, Print

A new modern monetary theory everyone in Washington is taking about says it doesn’t matter how much we borrow and spend. Or tax. All we have to do is print more money. There’s no sunset to the wonderful things we can do for Americans and the rest of the world. Rome had the same idea.

We’re All Globalists Now

Furthermore younger demographics don’t have a problem with the supreme sovereignty of the state or spending. And there is a fair amount of support in younger demographics for globalism, despite Brexit and the Yellow Vest Protests.

Republicans want to borrow for things they want, and so do democrats!

Spending and Borrowing? Both Political Parties Are Bankrupt

When it comes to spending it doesn’t matter whether there is a R or a D in front of a name. For example, what’s the argument against borrow and spend when you spend and borrow?

Pass Me The Soma!

Finally one thing about an eclipse. We get to see just how fast things are moving. As the soma from our biggest satellite faded from the sky recently, one wonders how long it will be before the benefits of individual sovereignty and freedom fade also.

Out With The Old…

In conclusion, isn’t that what an eclipse is all about? Out with the old…In with the new. ( Editor’s Note: That fantastic picture of the blood moon Sunday, January 21st was taken by Mitch Rossow, of Mitch Rossow Photography, from his roof in Uptown Minneapolis.)

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Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797