Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

Canary In The Coal Mine

Above all was this week’s banking meltdown the canary in the coalmine? We’ll talk about it in Canary-In-The-Coal-Mine-Bob Davis Podcast 1092.

Banks Fail

That is to say the meltdown of at least three banks this week sent shock waves through the financial community.

Screaming Fire

And allowed You Tube financial geeks and politicians the opportunity to scream fire in a crowded auditorium.

Cause For Concern

Certainly bank closures at any time are cause for concern.

Reasons

But there’s a reason for these developments.

Plain Language

Firstly Canary-In-The-Coal-Mine-Bob Davis Podcast 1092 is not a podcast with a bunch of statistics and language no one can understand.

Updates

Secondly I am updating some of the podcasts I did earlier this year and last on the US Economy.

Of course my personal concern has been the price of diesel fuel.

Greater Concerns About The Economy

On the other hand greater concerns about the US Economy are beginning to be top of mind.

Most importantly these concerns are not unfounded.

Inflation

To clarify the US is dealing with inflation which requires higher interest rates.

Higher Interest Rates

Subsequently we’re seeing the effects of these higher rates.

Business Not Prepared

Mainly because businesses aren’t prepared for this.

More Carnage Ahead?

As a result there will probably be more carnage.

Finally I am not going to tell listeners what they should do with their money.

In addition I am not going to predict the future.

We’ll see what happens. After that I will do updates as needed.

Won’t Predict The Future

In the same vein one of the subjects of Canary-In-The-Coal-Mine-Bob Davis Podcast 1092 is the penchant prognosticators have for predicting the future.

Politicians

And for politicians to politicize financial events they don’t necessarily understand.

History

In conclusion this is a precarious moment in history.

Pressure

Most certainly because of the weight of the moment there’s a lot of pressure on those who have to make the decisions.

Personal Hope

For example my personal hope for cheaper fuel!

Sponsored by Garden Gurus MN

Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

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Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799

Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799

Colder this weekend in Minneapolis and Chicago than Antarctica. Colder even than high noon on Mars! Spending a lot of time inside pondering the end of the government shutdown in Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799.

Breaking News! Winter Is Cold!

These days theories about why winter is cold abound. An arctic polar vortex that has split in two. An impending flip in the magnetic polls? Consequently we spend a lot of time talking about the weather.

Trump Yields To Pelosi

First of all this weekend will go down in history as the moment when President Trump yielded to a newly elected congress controlled by the democratic party. At least for the next three weeks.

Air Traffic Controllers

A snafu at some of the nation’s largest airports, caused by air traffic controllers calling in sick brought the president to his knees. Finally a deal was made to reopen the thirty percent of the government that was ‘shut down’ which did not include funding for a ‘wall’ on the US Southern Border. Find out what’s next in Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799.

Too Cold To Care

But the cold is the most noteworthy topic. How do you adjust to the cold? When it comes to getting out of the cold where do you go? Can’t bother to spend a lot of travel money to go someplace that is 60 degrees. People from the upper midwest, used to sub zero temperatures, have to go to the equator to get the cold out of their bones!

Freewheeling Talker

Moreover this freewheeling talker includes a lot of opinions about people yelling and screaming. Social Media. Cable News Channels. My view is we’re not getting anywhere because people are watching and listening to media that confirms their own biases. So getting to the bottom of what the situation is, or isn’t, can be difficult.

IS The Economy Booming?

A good example are assertions that the economy is ‘booming’ or that US consumers are already benefiting from ‘tax cuts‘. I’ll tell you whether this is true in Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799.

In conclusion I would much rather comment on the social implications and facts rather than join the crowd predicting the future and telling you what to think,

It’s Way too cold for that!

Sponsored by John D Scott Personal Injury Lawyer and Water Butler Water Purification Systems

Polar Vortex-Deep Freeze-Cabin Fever-Thoughts-Bob Davis Podcast 799

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FM-Tech-AI-Cryto-Gas-Governors-Week's Best Stories-Podcast 723

FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

Every once and a while it’s good to roll through the news and pick a few stories to talk about. Used to do this a lot back in the radio days. These days not so much. We’ll talk about it in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

The Brits May Say Goodbye To FM

Radio is a good place to start. Seems the Brits are getting rid of the FM Radio Band. Listening to digital services in the UK is now over fifty percent. Meanwhile in the US, the radio industry insists on telling the world radio listening has never been higher.  I don’t believe it.

Young Adults Abandon Radio

Especially relevant is an informal survey I did recently of younger adults. I asked them if they listened to the radio. Virtually none of them have. In years.

Princess Leia On Your Smart Phone

Radio talk makes me want to talk about tech. Remember the Princess Leia hologram in the first Star Wars? The first holographic smart phone is due to hit the market this year. The Red Hydrogen One will allow you to shoot 3D video and projects a holographic display which doesn’t require special glasses to see. Another idea from Star Wars that has become real. Details in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Big Tech Makes Us Mad

When they’re not complaining about gas prices, people love to complain about social media and big tech companies. With so many of the top market cap companies in the tech world, like Amazon and FaceBook for example, people are getting worried they might be too big. Regulation is the answer, right?

Not So Fast

Big Tech Disruptors

What disrupts social media and tech companies? Artificial Intelligence and Crypto Currencies to name two. Blockchain, Smart Contacts and Community to name three more. Moreover when you combine these new ideas with robotics and a faster and more robust internet, the next big thing might not be Amazon, FaceBook, Google or Apple.

Maybe It Will Disrupt Big Government Too

If so called ‘Big Tech’ can be disrupted by this ‘crust’ of new tech ideas that give the consumer control of their identity and money, what’s the possibility for the disruption and eventual dissolution of our sclerotic government? Think about it with me in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Minnesota Where Corruption-I Mean Business As Usual-is Legal

In conclusion it’s business as usual in the land of ten thousand lakes. The 2018 Governor’s race is heating up. Retiring 1st district congressman Tim Walz just got the nod from Education Minnesota. This is a big endorsement for Democratic candidates. On the Republican side the more things change…

Attack Of The Re-Treads

Gubernatorial re-tread and wealthy banking lobbyist Tim Pawlenty has decided to forgo the Minnesota GOP’s State Convention at Duluth in the beginning of June. He says he got into the race too late. Truth is, the twenty or so rich guys in Minnetonka don’t like the grassroots political community. Find out why in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Sponsored by Water Butler Water Purification and Reliafund Payment Processors

FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

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