Recorded May 23, 2020 On this Episode of New Business Paradigms, Podcast Producer Benjamin Schwartz and Academy President Rinaldo Brutoco discuss options for healing an economy despite an incorporate federal administration and an increased number of infections as states reopen too early.  Rinaldo makes it clear, that between a failing economy and the COVID-19 pandemic, the strain from climate change will be even less manageable than in prior years. The second half of the show covers the COVID-19/economic situations in individual states, starting with the success that California has had at stopping the spread of the virus as well as while considering just what will be needed in the state’s budget.  Rinaldo finishes with an update on the UC System; they have achieved a pledge (made in September 2019) to remove all fossil fuel-investments from its $126-billion investment portfolio. (Credits: Produced and Edited by Kristy Jansen & Benjamin Schwartz, Theme Music by Alejandro Del Pozo)

World Business Academy

In attempting a restart, what isn’t coming back must also be considered

Recorded on May 16, 2020 On this episode of New Business Paradigms, Academy Chief of Staff Kristy Jansen and Academy President Rinaldo Brutoco discuss the ways in which the failing airline and hotel industries are a facet of the changes that are part of the new reality we are living in.  Rinaldo considers prominent retailers that have gone bankrupt in the past two weeks as untenable levels of debt have become crippling in the wake of the Covid-19 pandemic (think JC Penny and Neiman Marcus) and extends his arguments to the broader entertainment industries.  He uses examples of some bars or restaurants making packaged deals with nearby movie theaters or example. The larger point this episode considers is that much of the economy as we know it is collapsing and more than ever, previously radical ideas like basic income and universal healthcare are sounding more and more like mainstream solutions to help real people remain solvent as the gig economy plummets and debt everywhere is rising at astounding levels.  The latter half of the show focuses on economic indicators, the artificially high price of oil, and reasons not to invest in hotels, as well as solutions to homelessness in the United States.  Who’d have thought the two could be connected?!? (Credits: Produced and Edited by Kristy Jansen & Benjamin Schwartz, Theme Music by Alejandro Del Pozo)

A post-pandemic quick recovery is just another pipe dream

Recorded on May 9, 2020 “We are going to keep doing this until we either fix it or the system collapses.” – Rinaldo S. Brutoco On this episode of New Business Paradigms Academy President Rinaldo Brutoco and Chief of Staff Kristy Jansen focus on underlying economic problems that were bandaged, but left untreated after the Great Recession in 2008, and are now being exposed anew by the COVID-19 pandemic.  The disconnect between the buoyant stock market and the historic and outrageous unemployment numbers reveals the ongoing erosion of Main street, while K- Street and Wall Street continue to profit.  Rinaldo explains that concentrated wealth that is locked up in the stock market could be part of the solution if the government implements a one mil transaction tax, immediately connecting the stock market with the real economy.  This is one of the multiple ideas Rinaldo considered in a piece he wrote in 2008 about his theory on “Trickle Up Economics” that seems more prescient now than ever. (Credits: Produced and Edited by Kristy Jansen & Benjamin Schwartz, Theme Music by Alejandro Del Pozo) Saving the U.S. economy with “trickle-up” economics by Rinaldo S. Brutoco Heather Cox Richardson’s Letters from an American Newsletter: May 8, 2020

Will we take this opportunity to finally reimagine an economy on life support?

Recorded on May 2, 2020 On this episode of New Business Paradigms, World Business Academy and Founder Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss the latest news on the COVID-19 pandemic and the resulting economic devastation in the United States.  Despite rising infection rates, ongoing shortages of adequate testing and personal protective gear, and consistent failure of coordinated response at a federal level, some states and smaller jurisdictions are pushing to reopen economic activity in misguided effort to get back to “business as usual”.  The fear is that by putting the economic cart before the public health horse, the end result will be even more devastation.  Other topics addressed include an ongoing discussion of real estate in this time of Coronavirus.  Tune in to hear more!  To support this podcast, go to www.worldbusiness.org/donate.

Is there a way to succeed in a nosediving economy?

Recorded April 25, 2020 On this episode of New Business Paradigms, Chief of Staff Kristy Jansen, and Academy President and Founder Rinaldo Brutoco pick apart a couple of laughable moments from the past week: the President’s questionable suggestion that injecting disinfectants into humans might cure them of COVID-19 and Senate Majority Leader Mitch McConnell suggesting it’s a good idea to allow the states to go bankrupt.  Digging into other unbelievable ideas, Rinaldo also explains why another Trump White House policy proposal – defunding the U.S. postal service – is similarly disastrous.  This move would destroy yet another essential legacy of America’s communication infrastructure, and hides some sinister intent that might surprise our listeners.  The show concludes with a discussion of economic indicators - including oil prices plummeting to below zero, potential real estate investments, and frightening unemployment numbers.

April 2020: Earth Day turns 50, and Oil goes under Zero

Recorded on April 18, 2020 On the episode of New Business Paradigms, World Business Academy president and founder Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss the state of the US economy in the shadow of the Coronavirus pandemic... Links referred to on the show:  Worldometer - https://www.worldometers.info/coronavirus/ Gold ETFs:    1. State St. Gold Mini Shares - https://www.ssga.com/us/en/individual/etfs/funds/spdr-gold-minisharessm-trust-gldm 2. Granite Shares Gold Trust - https://www.graniteshares.com/bar/6 Memo to Governor Newsom re Antibody Testing: https://worldbusiness.org/proposed-covid-19-economic-solution/ Perspectives Column - New Federalism Series - Part 1: https://worldbusiness.org/perspectives-a-new-federalism-awaits-us-in-a-post-covid-19-america/  

“We’re still in free-fall”... Ongoing analysis of an economic pandemic

Recorded April 11, 2020 On this Holiday episode of New Business Paradigms, World Business Academy President and Founder Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss the state of the U.S. economy, as well as addressing questions from interested listeners (keep them coming!).  Rinaldo begins by challenging a New York Times article that discusses the stock market’s recent rise – questioning the claim that institutional optimism boosts the market artificially.  Whatever lifted the markets last week, it’s still a frightening roller coaster that most regular investors would be smart to avoid.  Without a view of where the bottom of the stock market decline might end, Rinaldo wouldn’t recommend going back into the market.  Currently, there’s no end in sight.  Getting further into the ideas around an “immunity card” program, Rinaldo also riffs on how the Federal government’s botched leadership will have lasting consequences.  Among other things, it’s leading State Governors to adopt stronger leadership roles, which may have implications for mitigating climate change as well.   We end the show touching on the state of the Agriculture industry.

The Economy in a time of Coronavirus: It’s Easter and the bottom is nowhere in s

Recorded on April 4, 2020 On this weekly edition of New Business Paradigms, World Business Academy President Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss the rapidly growing economic impacts of the public health shutdowns.  The show addresses questions that the team have been fielding about how to stay a smart investor in this volatile economic climate.  We also discuss the Small Business Administration loan program that launched last week as a part of the CARES act, review economic indicators and consider what a new federalism might look like. Rinaldo riffs on New York Governor Andrew Cuomo’s remarkable presence in the past few weeks, taking a powerful leadership role in the midst of the coronavirus epicenter.  Governor Cuomo may become a leader of a state-based coordinated centralized purchasing program in the absence of federal leadership. 

Trying to fill the vacuum: Interstate compacts and regional leadership in the mi

Recorded on March 28, 2020 In this episode of New Business Paradigms, World Busines Academy President and Founder Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss why the United States Government would be better off creating a long-term strategy to get COVID-19 under control than prematurely restarting the economy.  Flattening the curve by slowing the number of people getting sick is essential, and the best way to get Americans back to work starts with better testing. The United States has tested fewer people per capita than nearly every other developed country, despite having knowledge that could have been deployed strategically from the start, but tragically were not.  The business community is developing more tests, that offer faster results to determine if a person has the coronavirus, but that isn’t the most important testing priority.  Rinaldo explains the difference between DNA/RNA testing and blood testing (for antibodies of people who already had the virus) and advocates for mass antibody testing.  In combination with his proposal for a National Health Identification Card, the economy would be up and running in a comparatively short time.  The second half of the show focuses on the economic implications of the “new federalism” that is developing due to a lack of strategic leadership from the Trump Administration.   Links:  Everyone is tested in San Miguel County Icahn School of Medicine Test  

New Business Paradigms: Getting America Healthy and Back to Work

Recorded on March 18, 2020 On this episode of New Business Paradigms, Chief of Staff Kristy Jansen and Academy President and Founder Rinaldo Brutoco discuss the global fallout from the Covid-19 (novel coronavirus) and the downside of the sluggish response by the U.S. government.  Rinaldo discusses how the United States is more closely following the frightening trajectory of countries like Italy – which has now become the country with the highest death count from the Coivd-19 disease, largely due to the rapid increase in cases which slammed the hospital system there.  In comparison, several other countries that have done better at preventing the spread of the virus, such as South Korea, have been able to roll-out massive testing for the disease.  In the absence of a concentrated government response individuals and smaller jurisdictions are taking their health in their own hands – by following Public Health guidelines, self-isolating as much as possible by staying at home, washing hands, and practicing social distancing.  Rinaldo gives his thoughts on how the federal government can respond more effectively, including mobilizing the business world to help with shortages of medical supplies like ventilators. The second half of the show focuses on steps that can help revitalize the stalled economy.  A short discussion about the state of the economy and economic indicators leads to Rinaldo’s analysis of the stimulus package passed by the Senate and some other steps to help businesses adapt.   Here’s one: bail out small businesses and consumers, not the corporations – the big hotel chains don’t need the money – but their housekeepers and serving staff certainly do.  Watch to learn about more and as always… buy gold!

New Business Paradigms on Capitalism’s Coronavirus Crisis

Recorded on February 26, 2020 Join us for the World Business Academy's monthly podcast featuring Academy President Rinaldo S. Brutoco in conversation with Chief of Staff Kristy Jansen. Our monthly podcast covers the latest macro-economic trends as well as in-depth analysis of politics, business, and society.  On this episode of New Business Paradigms, Kristy and Rinaldo paint another bleak picture of the Trump Reality Show and the broader global economy.  As the noted reality TV star and US President Donald Trump shouts about how unfairly he’s been treated, the truth is that this man has gone bankrupt six times and now he is doing his best to bankrupt America. In the face of external reality, the practice of plutocratic attempts to forestall an economic downturn by printing money and fudging the numbers is starting to wear thin. The World Business Academy is a 501c3 nonprofit charity. Our views and analysis are given without any motivation other than helping to ensure our listeners know how to protect their savings in an unpredictable and chaotic economic climate. 

Global Peril in the Time of Trumpocrats

Recorded on February 11, 2020 Join us for the World Business Academy's podcast featuring Academy President Rinaldo S. Brutoco in conversation with Chief of Staff Kristy Jansen. On this episode of New Business Paradigms, Rinaldo and Kristy discuss worrisome signs of a lagging economy that is ill-prepared to lift itself back up when it inevitably stumbles.  The GOP’s so-called “Tax Cuts and Jobs Act of 2017” gave away as much as possible to the top 1% and Wall Street corporations to the detriment of many homeowners, main street business owners and others who depend on a weekly paycheck and other social benefits to survive.  The show then turns towards other economic indicators.  Due in part to the new coronavirus, now officially named covid-19, global markets are becomingly increasingly volatile, and this is just the beginning. The World Business Academy is a 501c3 nonprofit charity. Our views and analysis are given without any motivation other than helping to ensure our listeners know how to protect their savings in an unpredictable and chaotic economic climate.  Podcast links: ·       Listen to past podcast episodes ·       Sign up for our newsletter which includes reminders of upcoming podcasts ·       Subscribe to this podcast via iTunes

Gold’s still Golden, and other take-aways in our volatile economy

In this episode of New Business Paradigms, World Business Academy President and Founder Rinaldo Brutoco sits down with Chief of Staff Kristy Jansen to review the first month of the new decade, and muse on some of the biggest headlines of the day. It's off to a rocky start with the economic fallout of the 2018 tax cuts becoming evident, along with the uncertainty infecting the markets around the coronavirus that threatens global health, and other tenuous situations around the globe.  Rinaldo reviews the top-line economic indicators, riffs on Trump's "war on the poor", fumes over the new Supreme Court ruling allowing a wealth requirement to gain citizenship, and highlights some of the best ideas coming out of the latest World Economic Forum in Davos, Switzerland.  

New Business Paradigms: 2020 Kicks Off to a Rocky Start

Recorded December 9, 2019 On the final episode of New Business Paradigms of 2019, Academy Chief of Staff Kristy Jansen and Academy President Rinaldo Brutoco discuss why the economy went sideways after a week of nonstop positive economic news. Rinaldo makes the comment that the fundamentals of the economy are wrong – much like air leaking from a tire that tears a bigger and bigger hole over time. We mourn for Paul Volcker who passed on December 8th, 2019, and discuss his contributions to monetary theory as the “father of the modern proactive Fed.” The U.S. has seen a lot, from civil wars to world wars to depressions… and over that time has solidified its place as a global leader. Environmental regulation has weakened, our democracy is under threat, and the Federal Reserve is also now being challenged by President Donald Trump’s constant attacks and ridicule. With all this, will the U.S. continue being the dominant influence in the global economy and monetary field? Are we now slipping in that role due to newly protectionist sentiments and lack coherent of leadership?  Throughout his life, Volcker thought that America ought to have a leading role to play in influencing the world, but the current state of affairs seems likely to disappoint. You can read more on Volcker’s final warning here. Other topics include: how the US is killing the World Trade Organization (WTO) through calculated inaction; current economic indicators, with a focus on why the future is bleak for oil companies; and a discussion on political instability across the world.  We wind down with a few positive notes - a study about the power of giving cash to the poor, why we should repeal the Jones Act, and the unofficial U.S. delegation (led by House Speaker Nancy Pelosi) for the COP25 summit in Madrid.

Avalanche warning: are we celebrating the economy in the shadow of doom?

Recorded November 20, 2019 What happens when you put up barriers of entry in a “free” market?     On this episode of New Business Paradigms, Chief of Staff Kristy Jansen and Academy President and Founder, Rinaldo Brutoco, discuss the lack of economic mobility in the modern United States before a quick riff on impeachment.  After the first public impeachment hearings, Rinaldo’s take away is simple – the process has put the chaos of the Trump White House (i.e. the emperor has been caught with no clothes) into clear focus and makes it evident that Trump is involved in every part of his organization. The second half of the show is an examination of how the economic “walls are closing in on us”, starting with the death of retail and the increasing number of farm bankruptcies.  Rinaldo likens this to trouble oil wildcatters in the Permian Basin are having, suggesting that the lack of adaptation and too little focus on fundamentals are the reason why both are failing.  In the last segment of the show, Rinaldo uses an article of the Atlantic as a jumping-off point to address monopolies in the US; compared to the rest of the world, a failure of US trust-busting has led to an economy with inflated prices and not enough competition. Articles: The U.S. Only Pretends to Have Free Markets (The Atlantic on October 29, 2019)

Focusing on Fundamentals: Economic Survival Means Adaptation

The World Business Academy is a non-profit business think tank and network of business and thought leaders founded in 1986 with the mission to inspire and help business assume responsibility for the whole of society. Our monthly show focuses on the state of the political economy including trends we see emerging in markets and how our listeners can prepare for them.

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