ECON What Will The Post-Coronavirus Economy Look Like?

[Dozdoats]

A MUST-SEE video investment in your future - originally posted by marsh on the big CV thread but brought here by your least favorite economister for a wider audience to learn from (optimist that I am). Don't disappoint yourself - remake your own future in a post coronavirus world (we hope, anyway - but you will have to reinvent yourself, your job and your future no matter what).

View: https://www.youtube.com/watch?v=i20TvmEclBg

What Will The Post-Coronavirus World Look Like? (Martenson, Rubino, Smith & Taggart)
RT 1:04:22
If covid-19 is indeed hastening the permanent disruption of the status quo, what will life in a post-coronavirus world look like? This prognosticating session builds on last week's Economic Shockwaves roundtable: https://www.peakprosperity.com/econom... This time, John Rubino, Charles Hugh Smith and Adam Taggart -- also joined by Chris Martenson this time -- discuss the myriad ways in the future may be permanently altered by the disruptions happening right now. How will the economy, fiat currencies, jobs & the nature of work, as well as our general lifestyle, be forced to evolve? What new solutions will be required and what shape with they take? All this and more is addressed in this video (1-hour runtime). These roundtables are always a good time as John, Charles, Chris and I not only enjoy each other's company, but we find helpful value in tapping each other's thinking. The process always creates even more questions that we want to ask one another. After shooting this one, the group agreed that fertile future territory includes the housing market, retirement/pensions, which big cartels are most vulnerable to today's disruption (e.g., education, health care, pharma, finance) and what benefits would emerge from breaking their industry strangleholds. So, if you'd like to see this brain trust convene again to push deeper into this material, let us know in the Comments section below, along with any other specific topics you'd like for us to kick around.

 

[von Koehler]

It just occurred to me today, if the government is willing to shut down the economy for infectious disease, what's going to happen when the next flu season rolls around?

von Koehler

 

[Dozdoats]

Keep in mind, the excuse to shut down whatever the government wants shut down can be whatever the government wants it to be. For as long as the government wants it to be shut down. And as long as the government wants it shut down.

Someone pointed out elsewhere on the board earlier today how long economies have been shut down in various communist countries - for decades. Do you honestly believe that a government which wants to seize total control will not do that here in the ZUSA, if a control freak faction wins the current contest for domination?

 

[FaithfulSkeptic]

The first thing I suspect, for MN anyway, will be gas tax hikes to compensate the outrush of unemployment dollars.

 

[Dozdoats]

This is a consideration of POST corona economics. Think "new paradigm."

Government will have to shrink (kicking and screaming all the way) because EVERYTHING is going to change. No matter how delusional you might think me to be, try considering what happens when the FRN$ goes away. Really. You ARE a skeptic, right? Are you enough of a skeptic to be skeptical of your own skepticism?