Turning-Point-Eruption-Bob Davis Podcast 1079

Are We At A Turning Point About To Erupt

Above all this podcast asks if we are at a turning point on the eve of an economic eruption. Details in Turning-Point-Eruption-Bob Davis Podcast 1079.

Watching Markets

Firstly I have been watching the economy and the markets very closely ever since the rapid increase of fuel prices last year.

Secondly I’ve done a series of podcasts detailing what I have learned about this situation.

Finally I am clear on the causes of the current inflation.

And the solution.

About To Suffer

Even more as the central banks work to smother the current inflation, we’re about to suffer.

Volcanic Social Eruption

That is to say when it goes it could be a volcanic eruption in our society.

Of course people might say I am a pessimist.

I am not.

In fact I believe all of this will eventually be seen as a positive development.

Difficult Road Ahead

However we have to get to through the difficult road ahead first.

Top Of The Roller Coaster

For example imagine yourself at the very top of a roller coaster.

As the coaster heads down there’s a feeling of weightlessness.

And then fear.

Biggest Bubble In History

That is to say today we have what many experts describe as the biggest everything bubble in history.

The More You Know

Certainly I have learned the more you know about these things the less you know.

But what interests me are the potential volcanic effects on our society.

And the melt down.

Round House

In conclusion it’s as though our train as reached the old fashioned round house house having come in on one track.

And being turned to go out in a different direction.

Living Through The Easy Part

In short if you think the past couple of years have been tough think again.

We’ve been living through the easy part of the cycle.

In the same vein now comes the hard part.

Clinging To The Old World

Finally given the situation it’s interesting how people use debt to cling to an old lifestyle.

Ignorance Is Bliss

And how many seem unaware they’re living on top of a volcano.

About to erupt.

Sponsored by Be You Enterprises

Turning-Point-Eruption-Bob Davis Podcast 1079

 

Inflation-For-Nomads-Bob Davis Podcast 1024

Inflation For Nomads

You might think inflation for nomads is something we don’t think about. However we nomads might be in the best position to deal with inflation. Learn more in Inflation-For-Nomads-Bob Davis Podcast 1024.

Hitting The Road

Firstly I have been hitting the road for extended periods of time since 2014.

Life On That Road Forever

Secondly about a year ago I decided to chuck it all and hit the road permanently.

Will Higher Prices Kill The Vibe?

However as oil and food prices rise some people wonder how long any of us nomads will be able to continue.

Surprise

But it might be surprising to learn I think nomads are in the best position to deal with rising prices.

Disclaimers

Certainly I have some disclaimers in this podcast.

No Politics

That is to say this podcast isn’t about politics.

For example I am not going to tell everyone what ‘the government’ should do to deal with this problem.

System Of Thinking

On the other hand I have been employing a system of thinking about these things that has yielded some observations that can help anyone concerned about rising prices.

What Might Be Going On

Even more I conducted an organized observation of grocery stores and truck stops from coast to coast in the last few months and I learned a few things about what’s going on with consumers.

For Nomads

Finally for nomads the real question is where the most significant price increases are coming from and how long they can last.

Changing Up The Vibe

In short the ‘go where my intuition sends me’ vibe is the first casualty.

What’s The Mission

Moving further along that line of reasoning the only task left for me is the mission for the second full year of nomad life.

Slowing Down

And slowing down the velocity of travel.

Careful Planning

Above all careful planning and controlling expenses suggests nomads can get through this insanity and prevail.

Pollyanna

In conclusion there’s something about then nomad experience that allows us to forget the rest of the world.

For a time.

Reality Breaks In

Every now and then reality breaks through the bliss.

Most importantly this doesn’t have to be a death sentence for the mission or the experience.

Only The Disciplined Can Be Truly Free

In short what is required is a disciplined way of thinking and operating to stay on the road and in the flow.

Sponsored by Privacy Post

Inflation-For-Nomads-Bob Davis Podcast 1024

Podcast 252

The Gathering Storm. Business and Economic News. The latest headlines include a Mayor who throws alleged gang signals to curry favor with unsavory characters, a video of an MIT Obama Care ‘architect’ who says the law was poorly written to fool ‘stupid’ voters (what a surprise!), and the mainstream media election 2014 chatter is increasingly vapid. Time to turn to an issue no one seems to be paying attention to, save for the financial and market watchers. As commodity and housing prices decline the mainstream media tells us deflation is bad, because falling prices mean people will ‘wait’ to make purchases. Never mind we have had deflation (dropping prices) for things like flat screen TV’s and tech for years, and people keep buying. The real problem with deflation is that governments need inflation to pay off their debts. Inflation is how governments have robbed Americans of purchasing power and hidden the ill effects of profligate spending for decades. Central Banks and governments all over the world are trying, and failing, to create inflation. Now they are terrified that slow, or no economic growth may finally be creating a deflation, which means debts will become more difficult to repay. What the mainstream media isn’t telling you about lower oil prices is, major economies all over the world are stalling, lowering demand for energy and everything else. The EU, Japan, China, Russia, India, Brazil, even the US have anemic economic growth, or they are contracting. Housing is not cooperating with efforts to stimulate. Half the people in this country make less than $28,000 a year, the average college graduate has at least 26,000 dollars in debt, making some wonder what the millennials will be buying houses with. Years of anemic economic growth is taking its toll in people out of the labor force, stagnant wages and substandard job creation. The statistics look good, but don’t tell the real economic story in the United States and the rest of the world; Things aren’t going so well. The gathering storm isn’t deflation, it’s the political reaction to it. Bill Gross said recently, stimulative efforts by governments and central banks aren’t ‘working as well as they used to’. The cure? More of the same! What about the idea that what they’re doing just isn’t working? Politicians aren’t addressing this issue at all, whether they be democrat or republican. Does this mean a disaster is brewing? Democrats want to double down on failed economic policy  (basically print and borrow more money) and Republicans don’t seem to have an agenda which will lead to the growth we need. Add to this, chaos in the world as the US withdraws … a confused foreign policy … and you have a recipe for disaster; A gathering storm. Sponsored by Ryan Plumbing and Heating of Saint Paul and by Depotstar