A History of our Dysfunction: 1945-2020


Manage episode 262177529 series 2547319
By demographicdoom. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In a single episode, Glenn Campbell reviews the entire economic history of the United States from the end of World War II to the current economic collapse. Recorded on May 10, 2020, when stock markets continue to defy the crisis, rising in the face of bad news. Glenn identifies five processes over the past 75 years that have made an economic crisis inevitable: (1) The rise and fall of the Baby Boomers. (2) Our expanded longevity due to advances in safety and medicine. (3) The "inflation of tastes" which has turn our economy into a frivolous one. (4) The explosion of debt in all sectors of the economy that cannot possibly be paid back, (5) Desperate attempts by the Federal Reserve to rectify to previous four processes through destructive monetary policy. — Website: DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_practices [ep 43, 10 May 2020]

45 episodes