Turning-Point-Eruption-Bob Davis Podcast 1079

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

 

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Travel-With-Higher-Prices-Bob Davis Podcast 1048

Travel-With-Higher-Prices-Bob Davis Podcast 1048

Travel With Higher Prices

Back on the road for travel with higher prices. Time to talk about the basic causes of high inflation and what’s ahead for nomads. Revisiting some topics from earlier podcasts. Listen to Travel-With-Higher-Prices-Bob Davis Podcast 1048.

Euphoria Back On The Road

Firstly even a short trip back on the road delivers the same euphoria and excitement longer trips delivered last year.

Things Have Changed

Second things have definitely changed.

People Don’t Understand What’s Happening

Even more after many discussions with people I’ve met recently there is clearly a lack of understanding what’s going on and what’s caused these prices.

All The Key Information Assembled Here

In addition I have not been able to find all the key information assembled in one place.

Therefore that is the plan for Travel-With-Higher-Prices-Bob Davis Podcast 1048.

The Cure For High Prices

Above all most of the time high prices lead to a recession.

Learn The Word Monetary

Certainly as Milton Friedman said Inflation is Always and Everywhere A Monetary Phenomenon.

Too Many Dollars

That is to say too many dollars chasing too few goods.

Recession Ahead

And inflation often leads to recession.

Good News For Nomads

Due to the fact that recessions often lead to lower prices things might be looking up for us nomads.

California Gas Gouger

Meanwhile the media and politicians don’t talk about high fuel taxes irrationally gouge working Americans.

For example California’s tax on diesel is 68 cents. On gas it’s nearly 52 cents.

Exxon Should Take A Lesson From California

Even the oil companies could take a lesson on gouging from the State Of California.

Short Trips

In short I took a short trip into the so called Golden State intending to head to Los Angeles.

Cash Leaking Out Of My Wallet

However I turned right around and came back to Arizona due to the amount of cash leaking out of my wallet.

Longer Stays and Free Camping Please

Most importantly it’s short trips, longer stays and free camping for this nomad.

There Goes The Punch Bowl

In addition as the Federal Reserve takes away the punch bowl and pulls the slats out from under the economy I’m cheering.

Stock and Real Estate Market Shocks

Finally what’s ahead for the world back home might be stock and real estate market crashes and inevitable job losses we nomads have our fingers crossed for lower prices.

No House To Lose Here

In short if you’re on the road full time you probably don’t have a house to lose or high rent to pay.

Why We Hit The Road

Moreover this was the reason many of us decided to hit the road.

Nomad Story

It’s an important park of the nomad story.

Falling Off A Cliff

To sum up big market moves usually don’t happen fast.

But it’s kind of like falling over a cliff and grabbing branches on the way down.

As you fall you’re up and down but the general direction is down.

Good News The Media Won’t Tell You About

In conclusion that’s good news for nomads.

Maybe not so much for everyone else back in the world.

Travel-With-Higher-Prices-Bob Davis Podcast 1048

 

 

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