Requiem-For-An-American-Dream-Bob Davis Podcast 1082

Requiem For An American Dream

Firstly in any requiem for an American Dream we pay our respects to a time when it worked. Details in Requiem-For-An-American-Dream-Bob Davis Podcast 1082.

Negativity

Secondly negativity and division permeate our culture these days.

New Dream

Therefore at the end of another not so good year maybe we need a new dream.

Or you can refer to the movie ‘Blow’ for the ‘Maybe You Had The Wrong Dream’ quote.

Shared Vision

Above all in Requiem-For-An-American-Dream-Bob Davis Podcast 1082 I talk about the value of a shared vision for the future.

Values

For example the American Dream originally was based on the values of the Declaration of Independence.

History

And in the 1930’s the dream we know today was created out of whole cloth by historian James Truslow Adams.

Advertising

Consequently advertising got hold of it after World War 2.

Consumer Economy

As a result Truslow’s dream helped fuel the growth of the consumer economy in the United States.

Twisted Remnant

Since then The American Dream has become a sort of twisted remnant from a bygone age.

Aspirations

Yet most young adults begin their journey through life aspiring to the same old theme.

Maybe it’s time for a new dream?

New Year’s Resolutions

In addition this is time of the year we allow ourselves to think about the future.

Similarly why not think about a new shared vision for the future?

Rejecting The Traditional American Dream

Certainly I have rejected the traditional American Dream by becoming a nomad.

Artistic Business

And attempting to grow an artistic business on the road.

Tools Of Tech

Even more technology today for all it’s foibles provides the tools to create versions of the American Dream our grandparents never considered.

Telling Stories

In Requiem-For-An-American-Dream-Bob Davis Podcast 1082 I tell some stories from the bygone era and talk about the postwar economic and social history.

Thought Experiment

Further I think this thought exercise helps in a time when everyone is pointing fingers.

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Requiem-For-An-American-Dream-Bob Davis Podcast 1082

 

Ridiculous-RV-Rig-Prices-Bob Davis Podcast 1078

Ridiculous RV Rig Prices

Most importantly when people are paying fifty percent more for fuel they can’t afford these ridiculous RV and Rig Prices. Details in Ridiculous-RV-Rig-Prices-Bob Davis Podcast 1078.

Paid Shills

Furthermore it’s the paid prognosticators on YouTube doing the RV salesperson’s work by telling people rig prices can’t come down.

Engaging On This Issue

Firstly I got into a little bit of a tiff on Instagram recently because I decided to engage on this price issue.

Prices Cuts

Secondly this podcast explains why price cuts are on the horizon.

And I reference another podcast I did some months ago on economic issues.

Nomad Perspective

Certainly I see things from the nomad perspective.

That is to say we don’t like to spend money.

Some Have More Resources

Certainly some people come to this lifestyle with more resources than others,

In addition others buy an RV to use every now and then.

Sticker Shock Prevails Among All

But even the causal RV person is shocked at what dealers are asking for these rigs.

Rising Interest Rates

Even more there is the issue of rising interest rates and less liquidity in the banking system.

Breaking Point

To clarify most financial people these days say we’re reaching the breaking point on inflation.

Wholesale Prices Plummeting

It’s early yet but as a result wholesale prices for used cars in particular are plummeting.

Dealers Jacking Up Prices

However dealers are jacking up prices to get the most out of the consumer before the whole thing goes south.

And it will.

RV Dealers Playing The Same Game?

One wonders whether RV and Rig sellers are playing the same game.

Finally we nomads usually operate with rigs cobbled together from heavier duty vehicles

Moreover we are often very choosy about creature comforts.

Versatility and Reliability Win The Day

And we’ll often choose versatility and reliability over hardwood floors and double door refrigerators.

Experience Is The Best Teacher

That is due to the fact that experience is the best teacher.

You Don’t Need A Double Door Fridge Out Here

To sum up to the nomad borrowing tens of thousands of dollars to overpay for a shiny new rig is just not an option.

Change Is Coming

Finally the overall economic picture suggests things are about to change.

Deflation

In fact big price reductions on almost everything may be in the picture soon.

Sales People Always Say This Is The Best Time To Buy

However sales people will always tell prospects it’s a great time to buy.

YouTubers Too

Including those prognosticators on You Tube.

Eye Opener

In conclusion always do your own research.

But don’t forget to look at the overall economic picture at the same time.

It’s an eye opener.

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Ridiculous-RV-Rig-Prices-Bob Davis Podcast 1078

Summers-End-Turning-Point-2022-Bob Davis Podcast 1068

Summers End Turning Point 2022

Firstly summers end is always a turning point. You might remember this one for a long time. Details in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

Not Political

Secondly these are not political podcasts.

Economy

Certainly they have to do with the US and world economies.

However one of the chief mistakes of many analysts is their penchant for attaching economic problems to current political leaders.

Inflation Years In The Making

Most importantly the inflation nomads and people back home are dealing with was years in the making.

Major Slow Down Ahead?

In addition one of the biggest takeaways from this podcast is the increasing possibility for a major slow down and a shift from inflation to deflation.

Recession

For example Germany, China and technically the United States are already in recession.

Feeling The Pinch

And smaller economies and developing economies are also feeling the pinch.

The Cause? Not What You Think

While much has been made of the war in Ukraine or supply issues these are not the root cause of the inflation in the United States.

Gas and Food For Nomads

Above all we nomads feel the pain when it comes to gas and food prices.

Everything For everyone Else

And for the people in the and of bricks and sticks it’s just about everything else.

In Summers-End-Turning-Point-2022-Bob Davis Podcast 1068 I argue that the inflation we’re dealing with has been caused by years of near zero interest rates and something called quantitative easing.

Don’t Bet On A Pivot

In the same vein analysts keep saying the US Federal Reserve will ‘pivot’ soon.

95 Billion Every Month Bought For Years

To clarify Quantitative Easing has taken the form of the central bank buying 95 billion dollars worth of bonds EVERY MONTH.

Now Selling 95 Billion Every Month

More importantly Quantitative Tightening is the central bank selling off 95 billion dollars worth of bonds EVERY MONTH.

Moreover those bonds are ramping up to a full 95 billion EVERY MONTH in September.

That’s a lot of liquidity sucked out of the banking system.

Therefore listeners can see why I say Summers End is a Turning Point.

Meanwhile I emphasize EVERY MONTH here because I did not in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

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Summers-End-Turning-Point-2022-Bob Davis Podcast 1068