Month: July 2020

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Money Girl - 643 – Wise Tips to Manage FOMO During the Pandemic

Is FOMO (fear of missing out) causing you to take more risks—financial and otherwise—during the pandemic? Laura interviews Patrick McGinnis, who coined the term, about its root causes and wise ways to manage FOMO.

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CoinDesk Podcast Network - BREAKDOWN: Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel Lacalle

Today on the Brief:

  • Social media apps get caught in geopolitical tensions 
  • Pitchforks around the Paycheck Protection Program 
  • Brazil blocks Binance

This episode is sponsored by Bitstamp and Crypto.com.

Our main discussion is with Daniel Lacalle. Daniel is chief economist at Tressis and is the author of numerous books including “Life in the Financial Markets,” “Escape from the Central Bank Trap” and his most recent, “Freedom or Equality.” He has been named one of the 100 most influential economists in the world by Richtopia. 

In this conversation, he and NLW discuss:

  • Why the recovery will likely be “L” shaped and uneven, not “V” shaped
  • Why the “bailout of everything” undermines capitalism and promotes zombie companies that can’t service their debts
  • Why zombie companies crowd out space for startups and small businesses 
  • How government programs can incentivize relationships with government over strong business practices 
  • How the current economic crisis could become a banking crisis


Find our guest online:

Website: dlacalle.com

Twitter: @dlacalle_IA

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Consider This from NPR - Ideas For Reopening Schools; Evidence Of Airborne Spread

The Australian state of Victoria, which includes Melbourne, just started a new six-week lockdown. The state just recorded a record number of new daily cases: 191.

Education and public health experts agree it's important that kids get back to school in the fall. The question is how to do it safely. NPR's Anya Kamenetz reports on some radical ideas for reopening.

Some experts say there's increasing evidence that COVID-19 is transmitted through particles that travel through the air when we breathe. The World Health Organization has been cautious about confirming that idea.

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Everything Everywhere Daily - How Many Countries Are There?

If you wanted to know how many countries there were in the world it should be a pretty easy thing to find out. Go to a map, count all the countries, and voila!  However, it isn't even remotely close to being that simple. Defining what is a country is extremely difficult and has been a point of contention in many wars and conflicts. 

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Reset with Sasha-Ann Simons - WBEZ Investigation: Big Businesses Benefit From Fed’s Covid-19 Small Business Loan Program

The federal government’s Paycheck Protection Program, or PPP, was created to help small businesses stay afloat during the covid-19 crisis. WBEZ reporter Dan Mihalopoulos looked into where those funds went in Illinois, and found out many beneficiaries weren’t exactly the mom-and-pop operations te money was supposed to support.

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CBS News Roundup - World News Roundup: 07/07

300,000 new US coronavirus infections already in July. Doctors say the virus could spread farther indoors than first thought. Outrage in Indiana -- over the reported attack of a black man threatened with a noose. Correspondent Steve Kathan has the CBS World News Roundup for July 7, 2020.


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The Intelligence from The Economist - Off like a shot: the race for a covid-19 vaccine

A British team is leading the race for the one innovation that could, in time, halt the coronavirus crisis. But once a vaccine is approved, who would get it, where, and how fast? An Ethiopian musician’s murder has inflamed the ethnic tensions that threaten the country’s transition to democracy. And a rollicking tale of sloppy spycraft in Fiji.

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What Next - What Next | Daily News and Analysis – How California Created Its Newest COVID Hotspot

At the end of May, California’s oldest prison, San Quentin, had zero reported cases of COVID-19. Now, the facility has more than 1,300. Guards are falling ill. Some inmates are refusing tests, making it difficult to track the severity of the outbreak. One federal judge says the only way to save lives at this point is for the governor to approve a widespread release of inmates. 

Guest: Megan Cassidy, reporter for the San Francisco Chronicle. 

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