Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

Canary In The Coal Mine

Above all was this week’s banking meltdown the canary in the coalmine? We’ll talk about it in Canary-In-The-Coal-Mine-Bob Davis Podcast 1092.

Banks Fail

That is to say the meltdown of at least three banks this week sent shock waves through the financial community.

Screaming Fire

And allowed You Tube financial geeks and politicians the opportunity to scream fire in a crowded auditorium.

Cause For Concern

Certainly bank closures at any time are cause for concern.

Reasons

But there’s a reason for these developments.

Plain Language

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.

Updates

Secondly I am updating some of the podcasts I did earlier this year and last on the US Economy.

Of course my personal concern has been the price of diesel fuel.

Greater Concerns About The Economy

On the other hand greater concerns about the US Economy are beginning to be top of mind.

Most importantly these concerns are not unfounded.

Inflation

To clarify the US is dealing with inflation which requires higher interest rates.

Higher Interest Rates

Subsequently we’re seeing the effects of these higher rates.

Business Not Prepared

Mainly because businesses aren’t prepared for this.

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.

Politicians

And for politicians to politicize financial events they don’t necessarily understand.

History

In conclusion this is a precarious moment in history.

Pressure

Most certainly because of the weight of the moment there’s a lot of pressure on those who have to make the decisions.

Personal Hope

For example my personal hope for cheaper fuel!

Sponsored by Garden Gurus MN

Canary-In-The-Coal-Mine-Bob Davis Podcast 1092

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Hollywood Brings Back 1970's-Nostalgia-End Of Summer-Podcast 660

Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660

There is a sudden nostalgia for the 1970’s. New TV Shows. Fashion. Summer’s end is a time of nostalgia. Something about the drier air and State Fair time in Minnesota. We’ll talk about it in Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660.

Where Were You in ’72?

Back in the day, the week before Labor Day we went to Sears. New Jeans as hard as concrete. Some collared shirts. Heavy t-shirts. New tennis shoes. New Hard shoes. By the end of the next summer those jeans would be tattered and worn. The shoes unrecognizable. T-Shirts worn out.

Summer’s Long Goodbye

End of Summer also meant new school supplies. Pencils. Notebooks. Things like protractors. Cartridge Pens. Fresh paper. The first day’s of school were hot and uncomfortable. They were also filled with hope and the promise of new romance. In Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660.

Midwesterners All Share

As summer winds down you can hear it. Feel it. Humidity goes out of the air. Trees start to change. Temperatures cool off. Doesn’t matter which decade you grew up in. This longing for more summer mixing with expectations and excitement for fall is something everyone of every age in the Midwest shares.

Hip Huggers and The Road Runner

As far as nostalgia is concerned. Steve Jobs once remarked that the 1960’s actually happened in the 1970’s. There were two parts of the 1970’s. The early part was good. Kind of like a continuation of the best parts of the 60’s. Muscle Cars and Bell Bottoms. Hip Huggers. In Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660.

1970’s Weren’t So Great, right?

The second half of the 1970’s wasn’t so good. Vietnam. Nixon. Violence and Protests. AM Radio and Black and White TV was fading. Things started to go bad. Inflation. Gas Lines. Watergate. Urban Decay. Racial Strife. Drugs. Why is the 1970’s suddenly imbued with all this power?

Nostalgia For A Strange Time

New shows about New York City in the 1970’s. Times Square a cess pool. Garbage in the streets. Bankruptcy. Perfect for the all seeing eye of dramatic television. The newest fashions these days are all throw backs to the 1970’s. How did the people who came of age in that time feel about it? In Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660.

Spinning Out Of Control

There was a sense, in that time, that things were spinning out of control. The 1970’s were not a fun time economically, especially the second half. Yet there was a sense of innocence. If you were born just after the 1970’s perhaps the decade holds a little more sway in the imagination.

Winter IS Coming

Something to think about listening to the sounds of summer, mourning the passing of the heat and intensity, welcoming the coolness and color of fall but not thinking too hard of the inevitable winter to follow. Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660.

Sponsored by Ryan Plumbing and Heating of Saint Paul

Hollywood Brings Back 1970’s-Nostalgia-End Of Summer-Podcast 660

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