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Hidden Forces

Some Thoughts to End the Summer...

Hidden Forces

Demetri Kofinas

Business, Government

4.81.6K Ratings

🗓️ 31 August 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

In this short segment, Demetri Kofinas shares some thoughts to end the summer and looks ahead at what listeners can expect to hear in the next few months.

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Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 08/29/2020

Transcript

Click on a timestamp to play from that location

0:00.0

And the What's up everybody? I'm recording this on Friday, August 28th. Normally I take the last,

0:30.8

technically the last day of summer here in the US, which is Labor Day, which would be next Monday.

0:38.0

But we have so many international listeners at this point that it doesn't really make sense to do that.

0:42.0

And since this Monday that... this just do it. Let me do it here. So I've taken this week off and I'm going to be

0:54.4

releasing my next episode either on Monday, September 7th or Tuesday, September 8th.

1:02.1

So it'll be next week, but because Labor Day is,

1:05.8

a lot of people will be out.

1:06.8

Maybe it doesn't make sense to release it on Monday

1:09.4

and do Tuesday instead.

1:10.8

But I thought it would be a really good opportunity to, I'd like to do these things every now and

1:15.2

then I think the last time I did it was, you know, around Christmas or New Year's where I said

1:21.8

we're going to have, it's going to be 20 20 is going to be a crazy year and it's

1:25.1

turned out to be crazier than even I think most of us could have expected.

1:29.9

Certainly I did not see a global pandemic being on the radar for possible risks in 2020.

1:37.5

But there are so many crazy stories to cover, whether it's markets, whether it's the Fed and Fed policy, whether it's Europe, the

1:46.6

Eurozone, China, North Korea, the RNC, the DNC, Kenosha, and America's just increasing racial divisions and class

1:59.1

conflict, which I think is actually the biggest driver of the issues in the United States and has been

2:04.7

for some time.

2:05.7

It's getting worse and that of course feeds back into markets and our broken capital markets

2:11.0

and the role of regulators and policymakers and politicians in having really

2:15.4

enabled that pillaging of American society and the American economy over decades.

2:21.3

We have an economy that doesn't work, increasingly

...

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