Sharecropper-Nation-Bob Davis Podcast-1116

Sharecropper Nation

Altogether I think it’s a sharecropper nation these days. Details in Sharecropper-Nation-Bob Davis Podcast-1116.

Oklahoma

Certainly my drive through the Oklahoma Panhandle made a big impression on me last month.

Social Media

But a recent social media exchange accentuated my experience.

To rephrase I am impatient with argumentative comments on social media on some of my posts.

Pressure Back Home

On the other hand I forget the pressure the average person ‘back home’ is under.

Bob Davis Podcasts Economic Series Podcasts

To review I’ve done a number of podcasts about the US and world economic situation.

Click here for the most recent podcast in the economic series.

Trouble Back Home

However I have not done an installment the pressure those back home have to deal with.

Not Keeping Up

For one thing the average income hardly keeps up with average expenses.

Even more children and student loans are expensive…

…And you begin to understand there isn’t money left over each month.

Inflation

Furthermore the consumer class has been most exposed to inflation.

Higher Interest Rates

At length efforts to address inflation by central banks have resulted in higher interest rates.

Gone To The Credit Cards…Beer…Weed

In addition both small businesses and the consumer class are forced to use credit cards at very high interest rates.

Sharecroppers

Firstly in Sharecropper-Nation-Bob Davis Podcast-1116 I give a history of sharecropping.

Sharecropper Nation

Secondly I compare today’s working consumer to the famed sharecropper movement west in the 1930’s.

Second Guessing

Therefore until now I worried about my decision to travel.

Nomads Are Insulated

To sum up to a certain degree our lives as nomads are more insulated from the pressures of every day life.

Even With Drawbacks

Even though my existence has a nomad has it’s drawbacks.

Bliss

In conclusion I am more free to experience bliss.

Freedom

And I have to remember sometimes not everyone back home has that luxury.

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Sharecropper-Nation-Bob Davis Podcast-1116

 

Podcast 389

Black Swans. What is a Black Swan Event? By definition, its not necessarily predictable, but we try in this podcast. We’re at the end of an era in the United States. You could say the same about the west in general, and maybe the rest of the world. While things seem on a relatively predictable path in the present time frame one thing we can all be sure of; Something will happen. Things will change. Perhaps significantly. What then is the event that introduces the pivot point that changes politics, society and history? We can only speculate. A financial crisis in China that leads to chaos. Disruption in the Euro Zone triggered by Greece that upsets the balance of power and destabilizes the Balkans. A nuclear weapon in the hands of ISIS. An EMP attack that turns our our technological wonders into junk. Disease. Earthquakes. Comet strikes. Aliens landing. Pick your poison. Or, Black Swan Events that end up being really good. The discovery of a stable anti or reverse aging drug. A way to increase intelligence in human beings. Manageable Machine Intelligence. A breakthrough in agriculture or energy that provides a stable source of food and power. The development of anti-gravity capabilities to lift huge payloads into space, revolutionizing space travel. A really good powdered milk! (JK). The key with these events isn’t necessarily predicting the event itself; It’s being prepared for, and predicting the reaction of mere mortals to the event. It wasn’t the stock market crash of 1929 that caused the depression, it was the government’s lame brained reaction to it. It wasn’t the assassination of Arch Duke Ferdinand that caused World War I, it was the secret pacts and misunderstood capabilities, coupled with irreversible mobilizations that caused World War I. And so on. It’s fun to speculate on the future. Sponsored by X Government Cars