The biggest economic variable after the crisis passes will be bringing our supply chains home. The economic benefit of that (which is now guaranteed to happen) will be immense.
-
Show this thread
-
Repatriating our supply chain should be a cabinet level position, or similar.
24 replies 117 retweets 718 likesShow this thread -
Businesses that were profitable before the virus hit are a bank's best friend. Banks LOVE a proven business model that has a short-term cash need. Best kind of loan you can make.
7 replies 56 retweets 462 likesShow this thread -
Printing money and handing out cash is normally inflationary. But we have never had less inflationary pressure in general. Even energy costs less. I can't think of a better time to do it.
12 replies 50 retweets 315 likesShow this thread -
Expect lots of patriotic over-hiring when we can leave our homes, at least for companies that can afford it. If we get employment right, the psychology engine will roar.
3 replies 46 retweets 329 likesShow this thread -
Full disclosure, I put all of my available cash into the stock market during the downturn. When the market comes back, it will happen fast, whether a month from now, next year, or five years from now.
17 replies 53 retweets 335 likesShow this thread -
If you are a new follower, it might help your confidence in my opinion to know I have a degree in economics and an MBA. I'm not an expert by any means. But I can probably see the field better than those with no training. And I don't see anything permanently broken.
14 replies 71 retweets 416 likesShow this thread -
Economics is like no other field of study. It might be the only one in which you can "will it into existence" so long as everyone is on the same page and there are no material shortages. If we keep our minds right, the economy follows.
18 replies 76 retweets 466 likesShow this thread -
I'm making it my job to help you do just that. We'll come out of this stronger if we all agree we will. (Spoiler: We will.) Focus forward. Winning is certain. Timing is anyone's guess.
43 replies 136 retweets 813 likesShow this thread -
Replying to @ScottAdamsSays
Psychology is a big part of economic recoveries, but printing money and giving it to people to spend will only go so far. Hundreds of small businesses won't make it more than a couple of weeks and 1000s of people will lose jobs that won't be coming back soon.
1 reply 0 retweets 1 like
The ones that were profitable before are going to get working capital loans no problem.
-
-
Replying to @ScottAdamsSays
With the liquidity problems and the bond markets in serious disarray - I'm not so sure that will be an alternative. The helicopter drop hasn't worked so far. This situation is a game changer. The resolution will require outside of the box thinking and will be tough.
0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.