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

Inflation-For-Nomads-Bob Davis Podcast 1024

Inflation For Nomads

You might think inflation for nomads is something we don’t think about. However we nomads might be in the best position to deal with inflation. Learn more in Inflation-For-Nomads-Bob Davis Podcast 1024.

Hitting The Road

Firstly I have been hitting the road for extended periods of time since 2014.

Life On That Road Forever

Secondly about a year ago I decided to chuck it all and hit the road permanently.

Will Higher Prices Kill The Vibe?

However as oil and food prices rise some people wonder how long any of us nomads will be able to continue.

Surprise

But it might be surprising to learn I think nomads are in the best position to deal with rising prices.

Disclaimers

Certainly I have some disclaimers in this podcast.

No Politics

That is to say this podcast isn’t about politics.

For example I am not going to tell everyone what ‘the government’ should do to deal with this problem.

System Of Thinking

On the other hand I have been employing a system of thinking about these things that has yielded some observations that can help anyone concerned about rising prices.

What Might Be Going On

Even more I conducted an organized observation of grocery stores and truck stops from coast to coast in the last few months and I learned a few things about what’s going on with consumers.

For Nomads

Finally for nomads the real question is where the most significant price increases are coming from and how long they can last.

Changing Up The Vibe

In short the ‘go where my intuition sends me’ vibe is the first casualty.

What’s The Mission

Moving further along that line of reasoning the only task left for me is the mission for the second full year of nomad life.

Slowing Down

And slowing down the velocity of travel.

Careful Planning

Above all careful planning and controlling expenses suggests nomads can get through this insanity and prevail.

Pollyanna

In conclusion there’s something about then nomad experience that allows us to forget the rest of the world.

For a time.

Reality Breaks In

Every now and then reality breaks through the bliss.

Most importantly this doesn’t have to be a death sentence for the mission or the experience.

Only The Disciplined Can Be Truly Free

In short what is required is a disciplined way of thinking and operating to stay on the road and in the flow.

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Summer-Dreamworld-Experience-2020-Bob Davis Podcast 942

Summer Dreamworld Experience 2020

Certainly a summer night feels like a dream. In addition it sure feels like we’re in a dreamworld these days. Learn more in Summer-Dreamworld-Experience-2020-Bob Davis Podcast 942.

Fleeting Thoughts

Secondly my thoughts about life today are often fleeting and disjointed.

You Are Not Alone

Most importantly I don’t think I am alone in this feeling.

Freewheeling Talk

Time for a freewheeling talk podcast about this moment in time. Summer, 2020.

Crazy? Maybe Not!

Moreover for me it sometimes feels like a dream. I know I am not crazy but sometimes I feel like I am!

Like A Dream

In the same vein it’s hard for all of us to make sense of things or figure out where things are going. So all of this leads to a sense of worry that isn’t. Feelings of fear that aren’t. Above all wanting to take action but not being quite sure what action to take.

Not Quite Able To Get There

For instance, when we dream we often have a sense of moving toward an objective but not being able to reach it.

Perfect Summer

On the other hand we in the upper Midwest are living through probably one of the best summers in years.

Past Summers During Crises

Finally in view of the economic situation one wonders whether people really understood what was happening in the early stages of the Great Depression back in the early 1930’s.

Losing Control

They experienced it all in color. Like a dream. Events moving forward they couldn’t predict or control.

Good News Too

To sum up friends have told me recently they’re done with the news. Done with social media. Tired of arguing. Consequently there’s a renewed focus on the things closest to them. Family. Friends. Themselves.

Talk It Out

In conclusion in Summer-Dreamworld-Experience-2020-Bob Davis Podcast 942, it’s good to just talk it out.

Calm Before The Storm

In short enjoy the calm before the storm, or the Dream, while it lasts.

Sponsored by AuniteBrentals and Realty One Group and LaCroix Real Estate Law

Summer-Dreamworld-Experience-2020-Bob Davis Podcast 942