As states are starting the re-opening process and businesses return to more regular operations, some are grasping at even tiny indications of positive economic news, but Rinaldo cautions against getting too excited.
Recorded on June 14, 2020
On this episode of New Business Paradigms, Chief of Staff Kristy Jansen and Academy President and Founder, Rinaldo Brutoco, discuss the fast-paced nature of the news that has resulted in the New Business Paradigms podcast shifting from once a month, to bi-weekly, and most recently to every week during the COVID-19 crisis. The show begins with predictions of how certain industries – such as the airline industry – must get leaner to survive following the end of the government bailout in August. In addition to jobs being cut for workers who cannot work remotely, it is also worth considering that the next wave of jobs to be cut will be white-collar jobs; management is not necessary when workers are either being furloughed or working from home. Rinaldo and Kristy discuss the increase of infections that is part of the first wave of the pandemic and what it means that the Center for Disease Control (CDC) has begun making bulletin advisories, even if they are done in a quiet, almost secretive manner.
In the second half of the show, Rinaldo quickly breezes through economic indicators before focusing on failures in mainstream journalism. This concerning trend transitions into a new segment on NBP, called Global Signposts, in which Rinaldo offers short snippets of some of the most important stories happening across the globe.
(Credits: Produced and Edited by Kristy Jansen & Benjamin Schwartz, Theme Music by Alejandro Del Pozo)