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

Podcast: Play in new window | Download (Duration: 36:14 — 82.9MB) | Embed

Subscribe: Apple Podcasts | RSS

Happy-Nomad-New-Year-Bob Davis Podcast 974

Happy-Nomad-New-Year-Bob Davis Podcast 974

Certainly we can all agree this New Year is a Happy Nomad New Year. In addition saying goodbye to 2020 and heralding 2021’s arrival takes a different tone. Join me from Organ Pipe National Monument for Happy-Nomad-New-Year-Bob Davis Podcast 974.

Most importantly if you’d told me last year at this time I’d be on the road permanently in a twenty year old ambulance I wouldn’t have believed it. But here I am!

Firstly this moment calls for a more sedate and perhaps philosophical tone.

Secondly I’m down here in Arizona at a campground. There’s not a lot of social interplay going on.

Meanwhile I am live from Organ Pipe National Monument. Local Arizonans told me this used to be the most dangerous park of all. Well, the Ambassador explained the origins of that moniker. I’ll fill you in during Happy-Nomad-New-Year-Bob Davis Podcast 974.

On the other hand there’s a lot to think about this New Year’s.

Most importantly a blanket ‘thank you’ to clients and supporters of the podcast, especially since I started traveling full time.

But there’s also the undeniable feeling we’re living through one of those epochal changes.

Therefore a new time line. Even more, new ways of thinking.

To sum up it feels like heavy attachment to any one thing, or way of thinking, makes this journey even more difficult.

In the same vein this has been a theme in my podcasts for a while now.

For example the shift away from political talk to travel and other topics. I’ll explain how fresh and freeing it feels to me not to discuss topics that won’t win anyone over and will do nothing but divide listeners and subscribers more than they already are.

However I don’t let go of those subjects lightly. In short I am not a light talker or thinker. And despite all the talk of 2021 having to be ‘amazing’ just because 2020 was ‘so bad’ seems a little silly to me.

Certainly I hope things get better but there are no guarantees. Truth is it could get worse. We just don’t know.

Meanwhile the park is settling down. People are starting their fires. Kids being called back. Hikers are back from the trail.

In conclusion given the fact that there won’t be any big celebrations as it previous years, hanging here at a National Park inside Mobile Podcast Command, seems like a great idea.

Finally, happy New Year.

Sponsored by Lacroix Law Real Estate Attorneys

Happy-Nomad-New-Year-Bob Davis Podcast 974

 

Podcast: Play in new window | Download (Duration: 40:07 — 91.8MB) | Embed

Subscribe: Apple Podcasts | RSS