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.
Nighttime Winter Walk. Warm days in the upper midwest mean warm nights. A good night to get out for a walk and talk. As the week progresses, the news will get heavier as coverage of the State of The Union message gets rolling, along with Davos, and financial concerns starting to take center stage. So, this is a great opportunity to take a walk and talk about some of the less controversial stories. Did you know that January 19th is officially the saddest day of the year? Why? What does a person do to combat this oppressive depression? In the UK, a five year old child was not able to attend a friend’s birthday party. No, the parents did not RSVP but they were surprised to find a professional bill for ‘services rendered’, due to the fact that they did not RSVP and their child did not attend, when he was scheduled to. Now the parents are being sued. In Wisconsin, legislators are ready to reintroduce the 70 mph speed limit, which is a good thing because no one drives 65, anywhere in the state, and least of all in 94, or 90-94, or any of the state highways. What Wisconsin needs though, is a law that requires residents of the badger state to get the hell out of the left lane if they want to go slow. A friend’s dinner suggestion of a ‘satellite internet’ was greeted by The Bob Davis Podcasts with skepticism. Lo and Behold, Mr Elon Musk plans to introduce a ‘space internet’, and eventually carry the signal all the way to Mars. If it works better than the Podcast’s current ISP, and can feature better customer service, it’s a lock. The number one movie in the country right now is ‘American Sniper’, the story of the late Chris Kyle. Michael Moore called him a coward on twitter, and a firestorm has ensued. Research shows quite a lot of controversy about characterizations of snipers in general. Moore got hammered in social media, while Actress Jane Fonda was hammered in Frederick Maryland, by Vietnam Vets who will never forget the picture of Fonda posing for the cameras on a North Vietnamese Anti Aircraft gun, during her trip to the enemy’s country during the Vietnam War. Fonda now says the photo was a huge mistake she has had to live with her whole life, but she still says the trip to Communist North Vietnam was ‘incredible’. Finally, some words about a recent podcast about the Tea Party, and a heads up on some speaking engagements for Bob Davis in the near future. Sponsored by Mycompletebasement.com.