Above all take it with a grain of salt. Lots of loose talk on almost every subject these days so let’s address it in With-A-Grain-Of-Salt-Bob Davis Podcast 1073.

Don’t Do This Very Often

Firstly I don’t often delve these deep into current events. Here’s why.

Can’t Ignore

On the other hand sometimes you can’t ignore whats going on.

Nomads Feel It Too

Even more we nomads feel it too.

Loose Talk About Dangerous Things

Secondly the elephant in the room these days is loose talk about complex and dangerous subjects.

Grain Of Salt

Therefore I have decided to talk about it in With-A-Grain-Of-Salt-Bob Davis Podcast 1073.

But With A Lighter Touch

However my discussion of some subjects that could trigger some is with a lighter and more gauzy approach.

Not Going To Ruin The Vibe

Certainly I am not going to ruin the vibe with a lot of details and ‘positions’.

There’s too much of that.

YouTube

In the same vein I would imagine the number one source of information in Nomad Land is YouTube.

Not A Lot Of Fact Checking

As a result there’s not a lot of fact checking going on.

Doom Mongers Require Discussion

So when they start telling us about the chances of a nuclear war or a financial meltdown that requires clarification and a little but of discussion.

Difficult Time

Most importantly I don’t think anyone would argue we’re living through one of the most difficult times in the recent past.

Historically Difficult Time

Furthermore it may prove eventually to be one of the most difficult times for everyday people in history.

And yet life goes on.

Take It Lightly

To sum up With-A-Grain-Of-Salt-Bob Davis Podcast 1073 reminds us all to take what people say on social media and in media in general with a grain of salt.

Better Advice

Finally if things become more serious it’s even better advice.

Issues and Nomad Travel Don’t Always Go Together

In short I don’t often talk about issues like these in my nomad travel podcasts.

The Elephant In The Room

But every now and then you can’t ignore the so called elephant in the room.

And this is a pretty big elephant.

With-A-Grain-Of-Salt-Bob Davis Podcast 1073

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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.

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

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