Summers-End-Turning-Point-2022-Bob Davis Podcast 1068

Summers End Turning Point 2022

Firstly summers end is always a turning point. You might remember this one for a long time. Details in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

Not Political

Secondly these are not political podcasts.

Economy

Certainly they have to do with the US and world economies.

However one of the chief mistakes of many analysts is their penchant for attaching economic problems to current political leaders.

Inflation Years In The Making

Most importantly the inflation nomads and people back home are dealing with was years in the making.

Major Slow Down Ahead?

In addition one of the biggest takeaways from this podcast is the increasing possibility for a major slow down and a shift from inflation to deflation.

Recession

For example Germany, China and technically the United States are already in recession.

Feeling The Pinch

And smaller economies and developing economies are also feeling the pinch.

The Cause? Not What You Think

While much has been made of the war in Ukraine or supply issues these are not the root cause of the inflation in the United States.

Gas and Food For Nomads

Above all we nomads feel the pain when it comes to gas and food prices.

Everything For everyone Else

And for the people in the and of bricks and sticks it’s just about everything else.

In Summers-End-Turning-Point-2022-Bob Davis Podcast 1068 I argue that the inflation we’re dealing with has been caused by years of near zero interest rates and something called quantitative easing.

Don’t Bet On A Pivot

In the same vein analysts keep saying the US Federal Reserve will ‘pivot’ soon.

95 Billion Every Month Bought For Years

To clarify Quantitative Easing has taken the form of the central bank buying 95 billion dollars worth of bonds EVERY MONTH.

Now Selling 95 Billion Every Month

More importantly Quantitative Tightening is the central bank selling off 95 billion dollars worth of bonds EVERY MONTH.

Moreover those bonds are ramping up to a full 95 billion EVERY MONTH in September.

That’s a lot of liquidity sucked out of the banking system.

Therefore listeners can see why I say Summers End is a Turning Point.

Meanwhile I emphasize EVERY MONTH here because I did not in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

Sponsored by BeYou Enterprises

Summers-End-Turning-Point-2022-Bob Davis Podcast 1068

Nomads-Navigating-Change-Bob Davis Podcast 1007

Nomads Navigating Change

Above all when it comes to nomads navigating change freedom on the road comes with a cost. Find out more in Nomads-Navigating-Change-Bob Davis Podcast 1007.

Embracing Change

Firstly when I made the decision to downsize into a 2000 Ford E450 ambulance I was embracing change in a big way.

New Life

Secondly I found a new life on the road.

And I love it.

Letting Go Of Old Life Can Be Difficult

But these days I’m having to let go of parts of my old life.

Struggle With The Old and New

Even more most nomads I am sure struggle with the old and the new.

Business Networking

Case in point. My business networking group.

Video Conferencing Platforms

To clarify one of the great changes was the adoption of video conferencing software.

Mobile Tech Means Flexibility

Certainly platforms like Zoom provide digital nomads with tremendous cost effective flexibility.

For Some It’s A Struggle

However some companies and groups struggle to integrate video conferencing and remote work into their operations.

On The Beach

Therefore we nomads often find ourselves ‘on the beach’ when decisions are made to do away with remote work options and video conference platforms in the day to day.

Buh Bye

Consequently I will be saying goodbye to a business networking group I’ve come to depend on.

Easy Come Easy Go On The Road

In short some might say ‘easy come…easy go’.

Emotional Effects Of Decisions

The surprise for me, is the discovery of how emotionally I was effected by this development.

Never Question

Most importantly I have never questioned my decision to become a digital nomad and ply America’s back roads.

Never Look Back

Best decision I ever made.

Doesn’t Make It Easier

But that doesn’t make it any easier when you have to say goodbye to people you care about and have loved working with.

Nomads Deal With Change Issues

Finally I know all digital nomads deal with these kinds of issues.

Crossroads Opportunity

Even more we find crossroads like this a challenge and opportunity for growth.

Not Easy

Doesn’t make it any easier.

Communications and Connectivity

To sum up communications options and connectivity have never been better or easier.

My Mobile Internet Is Rad

To clarify I’m going to explain how my new mobile internet connection works flawlessly.

Better Mobile Tech Every Day

Therefore it’s too bad when groups and companies don’t realize mobile tech is getting better and better every day.

Sponsored by Cartridge World Why Pay More To Print.

Nomads-Navigating-Change-Bob Davis Podcast 1007