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.
However there’s optimism, then there’s Pollyanna.
Giving In To Reopening Pressure
Shutting Back Down
Negative Economic Impacts
Above all the big concern is additional negative impacts on the US Economy.
Relief 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”
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
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!
Optimism Rests On Stock Market and Unemployment Numbers
Top Guys Hedging Their Bets
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.