In this episode, the guys begin by discussing the current volatility in the stock market as well as recent commentary from Michael Burry regarding inflationary risks.
Next, Hayden begins a critique of the Australian government and their failure to effectively communicate to the public about both the COVID-19 vaccine program, as well as recent allegations of rape and sexual assaults in parliament house.
After this, Damon gives an overview of the concept of shadow recessions and describes how the commodities, fossil fuels, and manufacturing sectors of the US economy during the 2015-16 period came perilously close to causing a widespread market collapse.
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LINKS
Shadow recession https://www.nytimes.com/2018/09/29/upshot/mini-recession-2016-little-known-big-impact.html
WHO China report- https://www.abc.net.au/news/2021-02-22/australian-doctor-on-the-who-covid-19-mission-china-origin-covid/13180078
Rape in Australian parliament- https://www.theguardian.com/australia-news/2021/feb/25/man-accused-of-raping-brittany-higgins-in-ministerial-office-returned-to-parliament-house
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