Playing The Something Is Going To Happen Game-Podcast 644

Playing The Something Is Going To Happen Game-Podcast 644

You can already feel it. The long fourth of July weekend approaching. We’re starting to slow down. So, for the ride to the lake. During periods of rain. It’s fun to think about what might happen. In Playing The Something Is Going To Happen Game-Podcast 644.

Podcasts Have To Go Deeper

I podcast a lot about media’s role in our society. For a deeper look at angst listen to Podcast 643. We’re awash in media informing us of the latest developments. ‘Breaking News’ is the norm these days. Podcasters have to go deeper. We’ll do that in Playing The Something Is Going To Happen Game-Podcast 644.

The Next Black Swan Event Is…

Truth is, I do feel a growing sense that ‘something is going to happen’. A true ‘Black Swan’ event is something unpredictable. An event that changes the course of history. Black Swan events like the stock market crash of 1929 or the September 11th Terror Attacks were not predicted, although some might have had some forewarning. Some predicted the financial crisis of 2008, but on the whole, it was a surprise.

A Personal Story Of A Shocking and Unexpected Event

A recent example of an unpredictable event in my own life illustrates the kinds of changes we go through when things change, unexpectedly and unpredictably. Moreover in my experience a sense expectation can mean something good is about to happen too. Especially important and relevant is an expectation of a major event that changes history. This kind of expectation is a sense of foreboding.

Not The Latest Dispatch From Washington

In a broader sense our social angst is driven by constant coverage of breaking news and new opinions on every little thing that happens in a place called Washington DC. Playing the ‘Something Is Going To Happen’ game is not anticipating news out of Washington.

Making History

A true Black Swan event is something out of the so called left field. An event in the financial world. Something breaking loose from the sense of normalcy in the rest of the world. An unexpected and totally new development from the world of invention. An event that changes history.

We Don’t Change on A Dime…Or Do We?

We think of eras as decades. The 1950’s, the 1960’s, and so on. We think of changes taking place when governments transfer power. So, the Obama era gives way to the Trump era. Except that is not the way it works, Steve Jobs said what we think of as the 1960’s actually happened in the 1970’s. Events actually determine when we move from one era to the next.

To sum up, a new president took office in January. After a lot of chatter and fireworks, nothing substantial has really happened. The test of the new president hasn’t really emerged yet. Fertile ground for our imaginations to break free from the daily news feeds and imagine what could happen. Enjoy the July 4th holiday! (Editor’s Note: In This Podcast I refer to Nouriel Roubini as the person who coined the term ‘black swan’. It was in fact  Nassim Nicholas Taleb.)

Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul

Playing The Something Is Going To Happen Game-Podcast 644

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The American Dream Is Killing Us? Really? Podcast 618

The American Dream Is Killing Us? Really? Podcast 618

“Deaths of Despair” is what some researchers call them. Death due to suicide, drug overdose and the consequences of heavy drinking. Alarm bells are ringing. Over the last twenty seven years deaths among middle aged white people with a high school diploma or less have doubled. So many deaths it has caused a fall in overall US life expectancy. Let’s talk about it in The American Dream Is Killing Us? Really? Podcast 618.

Failure Isn’t Your Fault Anymore?

This is a lurid headline. Lurid headlines get attention. Writers are writing. Talkers are talking. Princeton researchers blame ‘Cumulative Deprivation’. We’re suddenly wondering if The American Dream Is Killing Us? Really? Podcast 618.

American Dream Grows Up

What is The American Dream? James Truslow Adams tied it to the Declaration of Independence. All men are created equal. We have an unalienable right to Life, Liberty and the Pursuit of Happiness.

Who Says You’ll Be Happy

When did it become The American Dream? Do we expect our government to help us be happy? Are we supposed to be guaranteed success in our pursuit of happiness. A house in the suburbs? Two cars? A great job? Happy children? Retirement? Health Insurance?

Economic Inequality

Robert Samuelson thinks economic inequality is the cause. Inequality causes slow active social forces accumulating and destroying the hopes and dreams of white people with a high school education or less. It drives them to despair. Drink. Drugs. Death. Writers like JD Vance add to the ‘White Trash‘ ethos with stories of poor, dumb white people living in Appalachia.

We All Have Tough Times In Our Family Histories

In The American Dream Is Killing Us? Really? Podcast 618 I tell some stories of my own family’s history in the coal mines. I wonder what people think we’re responsible for these days. All of us have some kind of despair but we fight it. We get knocked down and get back up. Live to fight another day. Never give up.

Get Up And Fight

Life is a challenge. It does not come with a guarantee. How we define winning and success changes with age and time. Happiness doesn’t require a house in the suburbs and two cars. Happiness requires a warrior mentality to some degree. Sometimes you just have to reach down and get it.

The American Dream Is Killing Us? Really? Podcast 618

Sponsored by Ryan Plumbing and Heating of Saint Paul.

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Podcast 613-Rising Tide? Trump's Minimal Economic Impact

Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.

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