by Daniel White | May 11, 2020 | Economy
May 11, 2020 I want to piggyback off last week’s post about our economic return to normalcy and present more evidence for a longer-than-anyone-wants recovery. How can we know what the recovery will be like with so many unknowns and no real idea of where the...
by Daniel White | May 4, 2020 | Economy
May 4, 2020 Economic recoveries often tend to take letter shapes on a graph. A V-shaped recovery is the best-case scenario. When that happens, recovery is as fast as the decline – hit the bottom and quickly back to business. U-shaped recoveries are middle of the road....
by Daniel White | Apr 27, 2020 | Economy
April 27, 2020 There’s an obvious, yet profound, concept that explains why the economy is in danger. It is this – one person’s spending is another person’s income. This relationship is the essence of the $87 trillion global economy. The interplay between spending,...
by Daniel White | Apr 23, 2020 | Economy
March 23, 2020 Debt all over the world has been exploding. The behavior isn’t going to change. So, the question is – when will the bubble burst and spark a crisis? While final numbers aren’t in, forecasts show worldwide debt topped $255 trillion, which is a new...
by Daniel White | Apr 20, 2020 | Economy
April 20, 2020 You may have heard of the “butterfly effect.” It’s when a small, seemingly insignificant change in a system can lead to large and unpredictable variation in that system over time. A common example of the concept is a butterfly flapping its wings in...
by Daniel White | Apr 13, 2020 | Economy
April 13, 2020 In a crisis, everything is stress-tested. That includes business models. Companies thought to be large enough to handle anything are being stretched to their limits. The COVID-19 crisis is illuminating the value of preparation and the steep costs of not...
