This video about automation an globalization replacing human jobs is now over 5 years old. I was the taxi driver in this clip who lost his job to new technology, before Uber and Lyft. I known what this feels like. I also put this video in a blog post in June 2017. I've been writing about the "crazy times ahead," for over 4 years now, trying to give a few people a heads up. Now it's October 2021, is it crazy enough for you yet? I hope not, it's going to get A LOT crazier.
I've been writing about a major economic downturn, and crazy period of massive cultural, businessm and political change that I've seen coming, since at least mid-2017. The Big Freakin' Transition is one of the main underlying causes, but not the only one. Here are a bunch (but not all) of my blog posts from mid 2017 to late 2019, all pre-Covid era, on the economic downturn and massive period of change we are now two years into (with lots more to come). This first one is my personal favorite blog post title:
Our economy is powered by unicorn farts- March 2019 (Here's the missing video)
Now starting with the beginning of my Steve Emig: The White Bear blog (not racist, it's a nickname from my BMX days) in June 2017:
Looking at a world beyond jobs- June 2017
Art is an industry... no, really, it is- July 2017
The jobs picture right now, in 2017- July 2017
A whole lot of facts about rural poverty in America- August 2017 Ideas for small towns and rural areas struggling right now- August 2017 You'll notice "TV/Film studios" on this list. Right now in 2021, with the popularity of streaming, they TV/ movie industry can't build sound stages to shoot TV and movies fast enough, there are at least 6-7 major projects nationwide, most $100 million projects or more, across the country, right now. Told ya so, people).
Work is changing... FAST- September 2017
Creative Scenes in today's economy- October 2017
What are Creative Scenes?- October 2017
Richard Florida and the New Urban Crisis- October 2017
A funny look at economic development- November 2017
The student debt ball and chain- November 2017
The FCC repeals Net neutrality, despite 22 million Americans petitioning for it- December 2017
A 4 billion dollar reason why your city's Innovation District needs a skate (and bike) park- December 2017
What will we do with all those empty buildings?- December 2017
Larry Kudlow's wishful thinking- January 2018 (This is the first post where I mentioned the stock market crash I saw coming- it took a bit longer than I thought to happen, but the Dow dropped 10,000+ points in 2020)
The Retail Apocalypse is expected to expand in 2018- January 2018
Davos 2018: A good look at the future- January 2018
States with the worst student loan debt- February 2018
Would you live in a town that Google built?- February 2018
Toys-R-Us: Another chain bites the dust in the Retail Apocalypse- March 2018
The Rise of the Warrior Sports- 20 years later- March 2018
Recession zine coming- March 2018
Great Recession II: Trump's Dump- has begun- April 2018- OK, I was a little ahead of the curve on this one. Just for the record, the Dow peaked on January 26th, 2018, and was basically flat until October 2020, which is when The Fed began pumping billions into the Repo Market to prop up the banking system. It is STILL being propped up by newly created money, and THAT'S WHAT it causing this crazy inflation (which will get A LOT higher next year).
A video for businesses and civic leaders who hate the internet, social media, and obscure bloggers who get more page views than their websites- April 2018 Not surprisingly, looking back, a bunch of guys with baseball bats came out to the tent where I was living (in central NC) about two weeks later and threatened to "kick my tent in a teach me a lesson I should have learned a long time ago," if I didn't stop blogging. My response was, "Hoke hey, it's a good day to die... go for it." Not the response they expected. After much deliberation on their part, they just left. That blog, which had about 35,000 page views then, has over 128,000 now. What can I say, The South is still The South. Free Speech bitches. It's in the Constitution.
The cities that get most of the start-up business money (venture capital) in the U.S.- May 2018
Retail Apocalypse- May 2018- Sears closing 72 more stores- May 2018
Mallpocalypse leads to a new kind of Mall Rats- June 2018
Why I think Creative Scenes are a key to our future- July 2018
What I do IS work- August 2018
Why HUGE businesses (and towns and cities) die- September 2018
Crazy sounding, but actual financial news headlines today- October 2018
Are you ready for the economic collapse? Gary Vaynerchuk is- October 2018
Spooky! The stock market lost $2 trillion this month- October 2018
I told you to watch the FAANG stocks for signs of trouble- October-2018
Economic Rehab revisited- November 2018 My favorite quote in this little post is "... because former Fed Chair Janet Yellen said that they've figured out how to never have recessions again."
This is the lead in to the recession I've been talking about- December 2018
My stock market predictions for 2019- December 2018 I was wrong. I was over a year early, and didn't think The Fed would lower interest rates to near zero. Even so, none of the markets dropped to these levels, because they had all gone up considerably before the 2020 crash. Lowering interest rates how The Fed propped up stocks in mid to late 2019. The they started throwing a ton of money (by 2019 standards, not 2021 standards) into the banking system because of the Repo Market crisis.
Recession watch 2/6/2019- February 2019
The Big Transition- How the Toffler's Third Wave is actually playing out in the real world- April 2019 Hmmmmm... this sounds kind of familiar. Yep, I've been talking about this Big Transition idea for quite a while.
How I became interested in Creative Scenes- May 2019
The Unraveling- June 2019
We've just begun the prelude to The Great Recession of 2019- July 2019
The beginner's guide to the next great recession- August 2019
The economic collapse of our lifetimes will happen this month- October 2019 I wrote this post after looking up "Repo Markets." The Repo Market had just seized about 10 days earlier, The Fed was saying they would have the mess taken care of in a few days, when I wrote this. It is now two years and three weeks later. Last night, 10/20/2021 The Fed loaned the banks $1.493 TRILLION in assets, overnight, in reverse repo operations. The U.S. banking system had to borrow nearly $1,500,000,000,000 last night, to stay in business for a couple more days. This is STILL happening every other night, on average.
The Phoenix Great Recession- October 2019- No one was ready to hear the phrase "great depression" then, so I used the word "recession." At the time, October 2019, conventional wisdom was that there might be a minor recession in late 2020 or early 2021. Maybe. Guess what, they were wrong.
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