Canary In The Coal Mine
Cause For Concern
Certainly bank closures at any time are cause for concern.
But there’s a reason for these developments.
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.
Of course my personal concern has been the price of diesel fuel.
Greater Concerns About The Economy
Most importantly these concerns are not unfounded.
Higher Interest Rates
Subsequently we’re seeing the effects of these higher rates.
Business Not Prepared
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.
And for politicians to politicize financial events they don’t necessarily understand.
In conclusion this is a precarious moment in history.
Most certainly because of the weight of the moment there’s a lot of pressure on those who have to make the decisions.
For example my personal hope for cheaper fuel!