Alstry's Role on caps
The Institutue of Alstrynomics is simply documenting the shutting down of the American Economy.
There are a number of areas of relevant evidence that support such a conclusion despite any headlines in the press to the contrary.....with the most important including:
Businesses Shutting Down
Shrinking Tax Revenues
Evaporating Imports and Exports
Misleading Headlines will be objected to by Alstry and dismissed by the Institue if deemed appropriate under the Institutes Rules of Evidence 1-01a.
For example here is one by Bloomberg yesterday.
U.S. Loses 539,000 Jobs, Fewer Than Forecast, in Sign Economy Stabilizing
Objection: Misleading per rule 1-01a.
When over half a million jobs are lost in a single month, that is evidence that an economy is DETERIORATNG.....not stablilizing. With tens of millions unemployed or underemployed, if half a million jobs were created in a month, one might conclude at that point that the economy may be stablizing.
JUST BECAUSE WE ARE DRAGGING OUT THE PATIENT'S DEATH, IT DOES NOT MEAN HE OR SHE IS GETTING BETTER!!!!!!!!!!!!!!!!!!!!
Right now our economy is shutting down across America. It has not shut down yet....but it is shutting down as a result of the FU virus becoming a pandemic. Think of it like a rapidly growing cancer and right now it is metastasizing throughout the body......if it is growing rapidly, just because you may be focused on the pancreas, lung, or brain and there is no evidence of cancer in those organs yet......if the cancer is growing, the patient is getting closer to death.
Right now, the deterioration in our economy is spreading as more and more contract the FU virus.....
We are likely to loose between 5000 and 10,000 auto dealerships simply from the downward adjustment in auto sales. Experts tell us that well over 100,000 retailers are likely to shut down as the FU virus spreads. Although symptoms are not limited to above, this is strong evidence that the virus is no where near contained. Will putting up a bunch of windmills be sufficient chemo or sufficient antidote to the virus....it seems unlikely.
When more people lose their jobs, that is deterioration....depsite what anyone tells you.
When more businesses shut down, that is deteriortion....despite what anyone tells you.
When foreclosures are continuing, that is deterioraton.....depsite what anyone tells you.
When office vacancies are rising, that is deterioration.....despite what anyone tells you.
When imports and exports are evaporating, that is deterioration.
When tax revenues are shrinking......the economy is sutting down.
Alstry has made his diagnosis and the Instutite has determined that Toxic Borrower Syndrome has morphed into a virus that can be transmitted Human to Human called the FU virus which has officially entered the Pandemic Stage.
Alstry has warned you to prepare for this virus....ever since his warnings, the virus has spread far and wide when few were even aware of its existence.....no one is sure about the cure, however prudent steps to preventing any disease is always a good first step.
As Alstry is the doctor of Alstrynomics.....he will continue to monitor and diagnose the disease.....any consultations, regardless of perspective, from any CAPs players is always encouraged and appreciated during this pandemic.