Podcast 405

China Syndrome. As the China Market Meltdown story goes mainstream, it’s pundit tug-o-war between ‘China Doom’ proponents and ‘Nothing To See Here Folks’ adherents. Fun for the media, not so fun if you’re trying to figure out where this might go … could go wrong. Hopefully this podcast will be of some help. We start from the proposition that no one really knows what’s going on in China. It’s possible even the highest people in the Chinese Communist Government don’t really know what’s going on in China. Despite what is being said, there will be winners and losers if China actually does melt down, and surprises along the way. Does an economic collapse in China mean an end to the People’s Republic of China? What might that look like if it does happen? Or, will this problem simply be one of those momentary pauses, fodder for a couple of days relief from political nonsense in the US, before we get back to arguing about Donald Trump’s latest missive, Jeb Bush’s black hand, or Hillary Clinton’s email. It certainly feels like we’re nearing one of those strange historic pivot points, but whether the market meltdown in China, and the angst in markets across the world from Europe and Asia to the United States are in fact, that black swan pivot point. Could be. Hard to tell. Pivot points and Black Swan events don’t fit perfectly into decades, and are hard to predict. Its fun to hear people saying, “I’ve been predicting this for years” after something happens that looks like it could be a black swan event. In fact, historic pivot points have to be something more than just a Black Swan, but something that happens, that afterward people can clearly point to that event as the beginning of ‘when things changed’. One thing is for sure; Hold onto your hats (if you wear one), there is a strong feeling out there that what passes for current events today, may be about to change … for good. Sponsored by Ryan Plumbing and Heating of Saint Paul. 

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Podcast 388

The Power Of Negative Thinking. See? Made you look. What’s needed is more positive thinking. Still, negative thinking is everywhere. We’ve talked about the power of turning off all the media long enough to hear internal thoughts. Now its time to talk about how many of those internal thoughts can be negative. Negative thoughts are like a cancer, that invades everything and makes it hard to act positively for yourself. Political people especially need to remember the need to be for something, as opposed to against seemingly everything. In this podcast, some experiences directly related to business, and the changes a radio guy goes through to become a podcaster and independent businessman. It’s not all wine and roses, but in the end, being able to be independent, to navigate deep and shallow water as you wish, is very fulfilling. Fact is, no one ever said it would be easy. One of the things you learn in business for yourself is, it’s always something. Negative thoughts include self doubt, worry, and fear of failure and especially success. So many conversations this fourth of July weekend, and almost none of them were about politics and what’s on the 24 hour news channel. Many of them were about other, deeper subjects; Proof that normal, everyday, regular people are thinking about complex and deep subjects, and doing amazing things. You just don’t see them on Fox and CNN, or hear them on talk radio, because they’re too busy talking about Hillary Clinton and Donald Trump, and in talk radio’s case, running away from the issues. Find out how a simple piece of advice from a friend ended up as Podcast 388. Sponsored by Ryan Plumbing of Saint Paul. 

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Podcast 352

Pacific Coast. From LA, to El Capitan State Park. Back on the road and headed to Napa, California to do a podcast with an old friend. From there, who knows? Have to be back in Minneapolis and Saint Paul on April 25th for the big shindig at the Chanhassen Dinner Theater. While the current news events beckon, once the wheels get rolling, the immediacy of today’s momentary outrage starts to fade. People getting shot by cops? Iran doesn’t like the ‘deal’? Bah. Perhaps part of the reason for that is the perfection of the Pacific Coast heading out of Los Angeles. As California faces tough choices on development, water and budget issues, the biggest concern seems to be too many people will move to the Golden State. LA projects its population to continue growing through 2050 and some claim ‘there’s nowhere to put them’. Forget for a moment California has been losing businesses due to regulation and taxation. Then there is the fact that people who live in no tax, or low tax states decry the regulation and taxes in California, and its easy to see why. Businesses are moving and incorporating in those low or no tax states, especially Texas. California doesn’t seem to care and its easy to see why. From dreamy Los Angeles and the movie set that is Santa Barbara, all the way up the coast, why wouldn’t you want to move here? Oh yeah, taxes and rules, rules, rules! While there are rough places in California, and of course poverty, and a lot of people drive Hondas or beat up Impalas, there are those beach houses in Malibu, State Street in Santa Barbara, coastal villages and the sunsets. Nowhere is the space between those on the lower end of the economic scale and those on the highest more obvious. Live from the state park at El Caspitan beach, some thoughts on the trip so far, a little ‘Californio’ history and oh yeah, a sunset. Sponsored by Autonomous Cad. 

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