Things are changing rapidly with the Covid-19 virus and things can seem a little chaotic. In this week’s boralogue, John stays out of the weeds and looks at where things are heading. There are several different possibilities for the financial market following this black swan event. No matter the direction, though, the same tired responses that have failed in the past, will fail again.
Following up on the boralogue, John welcomes to the show Retired Air Force Brigadier General Robert Spalding (www.hudson.org), who highlights how China is using our capital markets to fund their own initiatives, many of which are not beneficial to the U.S. or to freedom in general.
So what is the future of the economy? Author and longtime Money Manager Dan Perkins (www.danperkinsatsanibel.com) takes a close look at the reactions and panic surrounding this crisis and where he sees the markets and the global economy heading.
John finishes up this week with an important look at the changing geopolitical chessboard, featuring Russia, China, the U.S., Europe, and the Middle East.
John’s quote of the week:
“The world is bloated with debt and a sound economy is needed to service that debt. This crisis, whether you think it’s a real crisis or an imagined crisis or a deep crisis, the emotional, psychological response at the end of the day is what is going to drive this whole global economy.”
On this week’s extra segment, we play a double feature of H1N1 coverage from a decade ago. First up is ENT Specialist Dr. Elaina George from November 2009, who discusses the lethality of that virus compared to others as well as the potential danger in vaccines. We follow that up with the late great Dr. Stan Monteith from April 2010, who also examines vaccines and goes into the hype surrounding the H1N1 pandemic.
03/21/2020 Economic Projection
Podcast Episode Chapters – (Segment start time)
1 – Boralogue – Future of the Economy (1:52)
2 – John Loeffler – Geo-Economic Facts About China (13:29)
Retired General Robert Spalding – China Using Us to Finance Their Agenda (17:28)
3 – John Loeffler – Dysfunctional Economic Games (26:24)
4 – Dan Perkins – Reaction & Panic Around Virus (39:16)
5 – Dan Perkins – Optimistic Market Future (52:10)
6 – John Loeffler – Changing Geopolitical Chessboard (1:05:33)
7 – Extras Segment – Dr. Elaina George, 11/09 & Dr. Stand Monteith, 04/10 on H1N1 (1:18:27)
End of Show (1:53:35)
We’re proud to announce the creation of the SPN Podcast Network. Listen to all the shows we produce here at Steel on Steel and share them with friends. Get the free SPN Podcast Network app for both Android and Apple iOS smartphones and tablets.
You can always view episode chapters in your mobile podcast players. For a full-featured experience, we suggest using Overcast and Downcast for iOS devices like iPhone and iPad, or Podcast Addict and BeyondPod for Android smartphones and tablets. Get the apps here!
- The Great Straddle
- Alchemy and Nanotechnology
- Crisis Management
- Separation from Reality
- Rejection of Reality
- Where oh Where Did the Piggy Flu Go?
- Ship of Fools in Socialist Waters
- Behind the Power Curve
- Window to the Left