The Coronavirus Stock Market

I believe this photo best summarizes where we are with the Coronavirus stock market.


As they say:

Don’t count your chicken before they hatch.


This market has gotten way ahead of itself and the pending economic realities of the Coronavirus and the consequences of the trillions of response fund debt. 


Remember:


– The virus does not yet have a vaccine, and it is mutating and may become even more virulent!


– The deaths continue to soar in the U.S. with now over 75,000 dead in just two months.


– The deaths involve much pain and suffering both for the victim and his/her grieving loved ones. 


– The unemployment is at all time highs since the Great Depression. 


– Companies are starting to move from temporary layoffs to permanent firings and contraction, and many eventually to bankruptcy. 


– Profitability and gross domestic product are way down and may be even worse in the next quarter.

– Price Earning ratios are around their 10-year highs even looking out toward a possible 2021 recovery. 


– Restarting the economy does not mean a return to what was as the extreme trauma from the pandemic, shutdown, and social distancing rebalance us to a “new normal.”


– A second and third wave of Coronavirus may be as bad or even worse than the first. 


– The two biggest global economies of the U.S. and China are facing a deteriorating and toxic relationship.


– The lingering $3,000,000,000,000 that we just added to our National Debt is going to increasingly strangle our future economic outlook. 


– The election is in November and brings increasing instability and likely volatility. 


In summary, the term used by former Fed Chairman, Alan Greenspan of “irrational exuberance” seems like a gross understatement when it comes to our current stock market.  


Get ready to see the froth come painfully off this drunken market–these eggs are about ready to crack.  😉


(Credit Photo: Andy Blumenthal)

Predicted It Right In 2017

This was such a funny photo I found of me from 2017.


Holding a book called The End of The F*cking World.


Little did we know back then Coronavirus was coming our way.


One thing that is amazing to me is the incredible lack of responsibility when it comes to our fiscal (tax rates and spending) and monetary policy (interest rates and money supply). 


For example, we’ve spent almost $3,000,000,000,000 (i.e. trillion) on Coronavirus Relief/Recovery. 


And there is another package in the works to borrow and spend more money. 


This on top of our already tens of trillions of dollars of national debt we already accumulated. 


The crazy thing is that this is going on globally with Europe and Japan and others borrowing and spending without any sanity as well. 


Now here is the BIG QUESTION for you all:


If everyone is borrowing and spending, who are they borrowing from???


Yep, this is called funny money! 


Because it’s not possible for everyone to be borrowing and carrying a bottom line net debt at the same time.  


The money has to come from somewhere doesn’t it?


The Federal Reserve is “injecting” trillions into the economy and their balance sheet of “loans” to us is going up towards $11 trillion dollars now.  


These injections are short term medicine that may kill the patient down the road by overdose!


Have you ever heard of a Chair of the Federal Reserve that “urges policy makers to spend more“?


Simple economics tells us that this will yield at some point an unbelievable inflation.


We are injecting or “printing” more and more money (or electronic bytes of it), and that causes the money to devalue because there is so much of it (supply side economics) with nothing but hot air backing it up (we haven’t been on the gold standard since 1971).


There is a DAY OF RECKONING coming when:


– People’s savings and wallets will devalue and money will be worth close to squat after RUNWAY INFLATION.  


– Also, what do you think will happen to the stock market and jobs too when people have only loads of valueless funny money and can’t buy anymore like they used too–can anyone say MARKET CRASH and UNEMPLOYMENT!


Folks, you heard it here first, the end of the f*cking world is coming–it’s called CONSEQUENCES, plain and simple. 😉


(Credit Photo: Dannielle Blumenthal)

Ignorance Isn’t Bliss

Please see my new article in The Times of Israel called, “Ignorance Isn’t Bliss.”

It’s Passover, and we celebrate our deliverance from Egyptian slavery, yet this is a slavery that was foretold by Hashem, and as you could say, like with many bad things that happen in this world (e.g. Coronavirus), we knew it was coming!


To me it’s not about being afraid, but rather it’s about being prepared. It’s great to be an optimist, but it’s important to be practical, especially when it comes to saving lives. Yes, we need to have faith in G-d and believe that ultimately everything is according to His word and plan for the world, but at the same time, we need to be responsible and do our part to protect ourselves and the future from terrible things that we have a relatively high-level of confidence will happen. There is no mitzvah to wait and be caught off guard, rather there is a commandment to save life (“Pikuach Nefesh”), and for this we need to “face up to facts” (including our known vulnerabilities, threats, and our capabilities to address them) and actually be very well prepared.

(Credit Photo: Andy Blumenthal)

Simpsons Predicted Coronavirus

It’s incredible that the Simpsons’ creators predicted Coronavirus back in 1993!


I understand that the sign in the first photo (top left) was edited from Osaka Flu to Corona Virus.


But still incredibly…


The Chinese workers are seen coughing/sneezing into the box of goods being exported to us.


Simpson opens his new bought goodies.


And instead of the joy of shopping, he gets sick.


And the virus spreads and spreads. 


(Source photo: Dailymail and you can watch the Youtube video there as well)

Israel 2020: Day 5

Went to the Holon Design Museum (south of Tel Aviv) today. 


They had exhibit called States of Extreme.


I found some really cool exhibits and ideas there.


Sort of felt my mind being expanded by it, which is I suppose one of the purposes of going to this. 


Two of my favorite from today:


1) The chair with people legs and 


2) The Fanuc robotic arm feeding the baby in the crib.

Hope you enjoy these as much as I did. 


And Shabbat Shalom to everyone from the Holy Land!


(Credit Photos: Andy Blumenthal)

Pay Attention To Space Force

We’re not paying close enough attention to the new U.S. Space Force.


It was signed into law by President Trump on December 20.


Space Force is the U.S. military’s 6th service branch (separate from the Air Force).


While it is currently the smallest branch with 16,000 personnel and just a $40 million budget, I would look to this branch to move over time to one of the largest (if not the largest) branch of the military.


Let’s face it, Earth is small potatoes in the realm of the Universe.


We will be expanding into outer space and colonizing it–we have to!


In addition, the weapons in space will be high-tech and costly relative to their earthly counterparts, and  our dominance in space will not come cheap either in terms of aerospace and engineering talent or in terms of the systems and weapons that will assure our superiority.


In January, the new Star Trek aired on CBS, and as is long said on that preminiscent science fiction show, “Space is the final frontier” and the U.S. Space Force will become front and center in our defense.


(Credit Photo: Andy Blumenthal)

Robot Warriors Kick Human A*s

This is one incredible parody video of what robotic warriors of the future will be able to do. 



The robot takes an incredible beating and never misses a shot!



They even hit him numerous times with a battering ram for Pete’s sake. 



Also, amazed that none of the actors in this video ended up taking a bullet or two. 



Wow, the future is going to be amazing. 😉



(Thank you to my wonderful son-in-law for sending this to me)

When Do We Get The Replicators

Good advertisement piece for a 3D Printing Class. 


Not sure that we’re nearly there yet in terms of the Star Trek vision for the Replicators that could make food and other items on demand. 


But things are slowly taking shape. 


Someone wake me up when I can order up a pizza from this thing.  😉


(Credit Photo: Andy Blumenthal)

Face Vase

Thought this was a pretty cool Face Vase. 


If you add a digital home assistant to this (like Amazon Echo or Google Assistant) and make the lips move on this vase, it would be quite the futuristic home assistant!


I don’t think I’d feel comfortable living in my own house anymore. 😉


(Source Photo: Andy Blumenthal)

Happy Summer Shoes

Summer Shoes.jpeg

Summer is generally a sunny and happy time of year. 


People throw off the thick winter coats and  heavy boots and wear some nice sandals.


I saw this one lady wearing these happy, colorful sandals on the Metro. 


I’d expect to see these more in Florida or California than in stodgy Washington, D.C. 


They were pretty awesome–trendy, stylish, even comfortable looking. 


Fashion is self-expression and freedom.


It’s also artistic and a reflection of our culture and our desires. 


We need more color, more chance, more futurism from our fashion.


The clothes can shape not only our bodies, but the times we live in. 😉


(Source Photo: Andy Blumenthal)