Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

Nomad Dollars And Sense

To begin with I am going to do a series of podcasts discussing dollars and sense for the nomad. Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 is the first in that series.

Preconceptions

Most importantly Part1 deals exclusively with our preconceptions about what exactly “The Economy” actually is.

Updates Podcast 1069

And this podcast series updates earlier comprehensive podcasts about the economy and the nomad.

In fact this is necessary because I want to deal with specific metrics in the second podcast in this series.

Business Coverage

Most importantly the reality of business news coverage these days is mostly political.

Or it is alarmist.

No Overlay

That is to say if you overlay a political or religious template on economic information you lose the ability to analyze what is going on.

Force Of Nature

Certainly the overall world economy is a force of nature.

In other words a force similar to waves on the ocean.

Therefore making predictions about outcomes is extraordinarily difficult.

Misinformation

And our modern information channels are filled with misinformation.

Charlatans

In addition there are many charlatans spreading misinformation for their own purposes.

Context

I have also learned it takes a long time to get comfortable with terms and context when it comes to financial markets and economic discussions.

My Story

Firstly I’ll tell you a little about my story as a nomad and how I became intensely interested in this subject.

Secondly I’ll tell you why I think the economy in general is at an inflection point.

And what that all means.

Podcast Series

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 sets up the next podcast which will deal with the key data in the economy I have learned to look at.

Finally it comes down to whether you are Pollyanna or a Cassandra.

Moreover why so many main street business owners are in fact Pollyanna.

And why they’re missing the latest economic data which could signal what is just head.

To sum up the nomad wonders when fuel prices will collapse.

And when food prices will come down.

Even more the one hundred and eighty million Americans who aren’t millionaires and billionaires wonder when they will get a break.

The answers to those questions begin with a baseline for a dollars and sense evaluation of conditions as they are.

Sponsored by Garden Gurus MN

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

 

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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

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Algorithm-Slaves-Bob Davis Podcast 1089

Algorithm-Slaves-Bob Davis Podcast 1089

Algorithm Slaves

Firstly these days content creators seem intent on following their audiences. Learn more in Algorithm-Slaves-Bob Davis Podcast 1089..

Relevance

Secondly that is to say relevance for a creator is more and more about what the audience wants.

Certainly not what the artist or creator wants.

And today’s algorithms often determine the audience.

What Is Creating?

But what if creating is about leading the audience?

To clarify sooner or later creators have to bite the hands that feed them.

Dangers Of A Narrow Audience

Or face an increasingly narrow audience although it may be increasing in size.

Even more when likes and shares and subscriptions become the order of the day why not have AI do everything?

Role Of The Artist

In short what is the role of the human artist?

And what is the process of creativity?

Finally it’s my perception algorithm slaves build silos of opinion which actually limit objective discussion.

In addition what does one learn if they stay in that same silo forever?

Therefore it’s easy to see why many people think on the same tracks and perform in the same ways, in the end.

Grow

As a result creators do not grow.

Imprisoned By An Audience

Likewise I have certainly had my struggles being imprisoned by an audience, back in the day.

It’s About Control

However I’m grateful to have arrived at a place where the audience and the ‘shoulds’ don’t control what I do.

Didn’t Want To Talk About This

In Algorithm-Slaves-Bob Davis Podcast 1089 I take on a subject I really didn’t want to talk about.

Craven

On the other hand the craven nature of creators on almost every subject suggests it’s time to talk about this.

Audience Dictators

Finally listeners should not be required to dictate content.

Or even asked about it.

Yet you see and hear this all the time.

Likes and Shares

Subsequently likes and shares, and subs, define the future for those who ‘influence’ society as a whole.

Or so they think.

Thus Algorithm-Slaves-Bob Davis Podcast 1089.

Breaking Out

In conclusion content creators might consider breaking out of the self imposed tyranny.

Who Knows Best

In short when it comes to the very human nature of creating, the audience doesn’t always know best.

And neither does the algorithm.

Sponsored by Garden Gurus Mn

Algorithm-Slaves-Bob Davis Podcast 1089

 

 

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