Turning-Point-Eruption-Bob Davis Podcast 1079

Are We At A Turning Point About To Erupt

Above all this podcast asks if we are at a turning point on the eve of an economic eruption. Details in Turning-Point-Eruption-Bob Davis Podcast 1079.

Watching Markets

Firstly I have been watching the economy and the markets very closely ever since the rapid increase of fuel prices last year.

Secondly I’ve done a series of podcasts detailing what I have learned about this situation.

Finally I am clear on the causes of the current inflation.

And the solution.

About To Suffer

Even more as the central banks work to smother the current inflation, we’re about to suffer.

Volcanic Social Eruption

That is to say when it goes it could be a volcanic eruption in our society.

Of course people might say I am a pessimist.

I am not.

In fact I believe all of this will eventually be seen as a positive development.

Difficult Road Ahead

However we have to get to through the difficult road ahead first.

Top Of The Roller Coaster

For example imagine yourself at the very top of a roller coaster.

As the coaster heads down there’s a feeling of weightlessness.

And then fear.

Biggest Bubble In History

That is to say today we have what many experts describe as the biggest everything bubble in history.

The More You Know

Certainly I have learned the more you know about these things the less you know.

But what interests me are the potential volcanic effects on our society.

And the melt down.

Round House

In conclusion it’s as though our train as reached the old fashioned round house house having come in on one track.

And being turned to go out in a different direction.

Living Through The Easy Part

In short if you think the past couple of years have been tough think again.

We’ve been living through the easy part of the cycle.

In the same vein now comes the hard part.

Clinging To The Old World

Finally given the situation it’s interesting how people use debt to cling to an old lifestyle.

Ignorance Is Bliss

And how many seem unaware they’re living on top of a volcano.

About to erupt.

Turning-Point-Eruption-Bob Davis Podcast 1079

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Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069

Updates Loose Ends and Clarifications

Firstly from time to time I do updates clarifications and tie up loose ends. Find out why in Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069.

Dream World

Secondly nomad life is a dream world.

Sailing On The Sea

That is to say this life is more like sailing between islands.

Doesn’t Matter What Day It Is

Certainly when you’re out on the water you don’t care what day it is.

Series

Because I have been doing podcasts on the inflation and economic issues facing nomads since the beginning of 2022 they have become kind of a series.

Fighting Complex Topics

And every now and then I find myself struggling with the complexities and left brain nature of finance and economics.

Dreamy Nomad Life

Even more due to the dreamy nature of nomad life.

The Great Basin

So I am up in the mountains above The Great Basin.

Food and Fuel Prices

Considering the intensity of food and fuel prices this is a perfect time and place to make some corrections updates and clarifications about these issues from podcast 1068.

Taking A Pause

However as usual it is also time to take a pause.

Sounds Of The Night

Listen to the night sounds.

Sundown In The Mountains

Enjoy the sundown and late evening dusk here at Great Basin National Park.

Talk About Prices

But it’s also a perfect time to clarify why I believe prices will continue to go down.

Slow Down Coming

Moreover why I think we’re headed for a major economic slow down in the near future.

Complex

Finally I will warn listeners the second half of this podcast might feel little complex.

No Political Rhetoric

On the other hand you usually don’t find these explanations free of political rhetoric in most places.

Cheaper Food and Fuel

Above all my goal is to give hope to fellow nomads rooting for cheaper food and fuel.

Simplify

In addition my goal is to try and simplify a bit of the talk about the economy.

Information You Can Use

Therefore we’ll have some information we can use.

What To Look For

In the same vein at least we will know what to look for in coming weeks to confirm some of my conclusions in Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069.

Last Economic Podcast For Awhile

To sum up this will be the last so called economic podcast I’ll do for awhile.

Full Travel Vibe…Next

So we’ll be back to the full travel vibe until we hit another turning point.

Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069

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The-Real-Matrix-Bob Davis Podcast 1063

The Real Matrix

Firstly The Real Matrix exceeds the wildest dreams of movie makers. Details in The-Real-Matrix-Bob Davis Podcast 1063.

Provo

Secondly what better place to talk about The Real Matrix than a Walmart Super Center in Provo Utah?

Walmart As A Reference Point

Above all this kind of place is kind of a reference point for me.

Certainly there are Walmart’s all over the United States.

I’ve been to a lot of them.

Walmart All Night

In addition you can still hang out in some Walmart parking lots all night.

Convenience For Nomads

And Nomads love the convenience in transit.

Maintenance

Most importantly I am in Utah to get some maintenance for Mobile Podcast Command.

All Terrain Tires

That is to say if you listened to my adventure in Dinosaur National Monument you know I need All Terrain Tires and maintenance.

Fragile Economic System

But as I walk through the Walmart here in Provo to do this podcast I am reminded how fragile our economic system is right now.

Enormous Influence

As a result I think it’s time to reinforce the fact that The US Federal Reserve Bank has enormous influence in our society.

The Real Matrix

Enough influence to function as The Real Matrix.

Inflation

Moreover as our central bank struggles to control inflation the result may be a recession.

Deflation

Even more a much bigger and more dangerous recession may be in the making.

Meanwhile every nomad I know is rooting for a deflationary recession.

Food and Fuel

That is to say much lower prices for fuel and the things we nomads need.

Back In The World

On the other hand this kind of situation might not be good for people back in the world.

Pressures Of Life

Finally I have often talked about the pressure of life back in the land of bricks and sticks.

No Judgements

Certainly this is not offered as a judgement.

Observation

But only an observation.

Gratitude

And it makes me glad to be a nomad.

Income Not Keeping Pace With Inflation

For example recent data shows incomes are not keeping pace with inflation.

Adds To The Pressure

And that adds a lot of pressure to life.

Provo Itself

To sum up Provo itself is a much younger community.

Therefore I talk about Provo’s demographics and history a little bit.

And of course, there’s nothing like a walk through a Walmart!

Sponsored by Ryan Plumbing and Heating of Saint Paul

The-Real-Matrix-Bob Davis Podcast 1063

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