New-Epoch-Dead-Ahead-Bob Davis Podcast 926

New Future Dead Ahead

First of all no one likes lock downs, wearing masks or worrying about what comes next. Even so we have caught a glimpse of a the future. Working from home. Video conferencing. Pivoting to on line services. There’s a new future dead ahead. Learn more in New-Epoch-Dead-Ahead-Bob Davis Podcast 926.

End Of An Era

I’ve already suggested we’re on the cusp of major change. Even more the end of an era.

Triggers Of Change Present Before The Pandemic

Moreover the triggers of change were already in place before the Corona Virus Pandemic.

Things To Think About

What stays? How will things change? I’ll give you some things to think about in New-Epoch-Dead-Ahead-Bob Davis Podcast 926.

Define Epoch

Especially relevant is the definition of the word epoch.

Long And Distinct Period

The word Epoch is a long and distinct period of history with a particular feature or characteristic.

The End Of A Long Arc

I personally think we’re at the end of a much longer arc.

Final Breaths Of Industrial Revolution

We’re living through the dying breaths of the industrial revolution which started in Britain at the end of the 1700’s, peaked in the 1950’s and 60’s.

Age Of Technology

Above all what’s coming is an age of technology which took its first breaths in the 1950’s, 60’s and 70’s, and is now growing into its chaotic adolescence.

Losing Cultural Landmarks

When an epoch ends we have no cultural, economic or cultural landmarks.

Fasten Your Seatbelts

Finally my sense is that previous periods of change will pale in comparison to what we have just begun to go through, even though we’ve had plenty of warning.

Are We Ready For Prime Time? Not Even Close

I’ve often said we, our leaders and our systems are ill equipped to deal with this change.

When Did The New World Emerge?

In conclusion somewhere along the line the old world began to fade and the new emerged.

Good Things and Bad Things

We’ve seen a preview of the bad things and the good things to come. Let’s think about some of the good things and the future in New-Epoch-Dead-Ahead-Bob Davis Podcast 926.

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New-Epoch-Dead-Ahead-Bob Davis Podcast 926

 

Let’s-Talk-About-China-Bob Davis Podcast 924

Let’s Talk About Blaming China

The president likes to blame China for everything these days. From Corona to trade China is the world’s bad guy. Learn more in Let’s-Talk-About-China-Bob Davis Podcast 924.

Pandemics Can Turn Into Revolutions

First of all pandemics have a way of triggering once in a lifetime revolutions and war.

Trump’s Internal Polling

Especially relevant is the president’s recent internal polls. Currently his own polling shows Trump in trouble in battleground states.

Signs Of Trouble For Republicans

Even more republicans are starting to question Trump’s initial response to the Corona-Virus Pandemic. Especially since this is what is hurting the leader of the Republican party. Most noteworthy are signs of trouble in must win House and Senate races for Republicans.

Change The Subject

Seems like the old political saying, “If you don’t like what the media’s talking about change the subject” is the order of the day.

Blame China

Certainly China seems like a convenient scapegoat. No one likes a Tyranny, right?

Stealing Our Jobs, Letting Corona Loose, Buying Our Debt

Even more China is blamed for stealing US Jobs, cooking up the Corona Virus in a lab and letting it loose. Similarly lately China’s been blamed for feathering presumed Democratic Candidate Joe Biden’s nest and a host of military incursions and threats. Finally for ‘owning all our debt’, not true by the way.

Time To Talk About China

As a result it’s time to talk about China. We do in Let’s-Talk-About-China-Bob Davis Podcast 924.

Trade and World History If You Can Stand It

Hence in one place a little history of trade in the world. In addition a little history of Taiwan and Mainland China.

US History On Trade Too

Finally some discussion of our own history on trade, commercial espionage, and trade protection.

How Do We Meet The Challenge

Above all China is a challenge to the United States. How we handle the challenge will not only determine the future of China and the US, but our character.

Weak Minds Need Not Apply

For that reason it’s necessary to say leadership that has proven to be weak minded, bellicose without cause or unpredictable will not fare well in this environment.

Food for thought

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Let’s-Talk-About-China-Bob Davis Podcast 924

 

 

Will-Corona-Quarantine-Cause-Depression?-Bob Davis Podcast 913

Will Corona Quarantine Cause A Depression?

These days the word depression has begun to appear in the news. Especially relevant? We’re talking about economic depression because business is pretty much shut down. Will the Corona Quarantine Cause Depression? Learn more in Will-Corona-Quarantine-Cause-Depression?-Bob Davis Podcast 913.

Uncharted Waters

We’re in uncharted waters due to the pandemic. No nation has ever brought its economy to full stop in such a short period of time.

Biggest Reduction In Economic Growth Ever

Even more major banks are predicting at least a 25 percent reduction in US output in the first quarter.

Bigger Than The Great Depression

This is unprecedented even in the darkest days of the Great Depression back in the 1930’s.

What’s Done Is Done

While we can ask whether this was a good idea, what’s done is done.

Can We Hit Pause? Or will The Corona Quarantine Cause Depression?

Seems like people think you can ‘hit pause’. Come back in thirty, sixty, ninety or one hundred twenty days. Hit ‘play’ and everything will be fine.

Real Life

But above all, this is real life. Even though it seems like we’re in a movie, we’re not.

We May Not Be Able To Easily Restart

Economies may not start easily once they are shut down. Moreover the central banks have been running very loose monetary policies for years. I’ve done a lot of podcasts about this. The central banks may not have much ammunition left. I’ll tell you what this means in Will-Corona-Quarantine-Cause-Depression?-Bob Davis Podcast 913.

What About Actions Government Has Taken?

As a result of ordered lock downs the government has taken action in the last week or so.

Interest Rates Slashed

The federal reserve slashed interest rates twice. The effective interest rate is now zero.

Another 2 Trillion of Relief On The Way

A 2 trillion dollar relief package is working its way through congress.

One Thousand Dollar Checks

We’re all supposed to get one thousand dollar a month checks as needed.

Why Are They Doing This?

Certainly there’s a reason for all of this. It has to do with what a depression is and what causes it. I’ll explain it in Will-Corona-Quarantine-Cause-Depression?-Bob Davis Podcast 913. Are we there yet? Time will tell.

Making It Better…Or Worse

Finally in the end economists and policy makers will sift through whatever wreckage is left and tell us whether the measures taken now made things better or worse.

Short Deep Recession or Depression

In conclusion whether we have a short and deep recession or a world wide economic disaster known as a depression depends on what our leaders do now.

Out of Our Hands

It sure seems to me like it’s out of our hands.

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Will-Corona-Quarantine-Cause-Depression?-Bob Davis Podcast 913