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Gina Szymanski, chief investment officer at AEW Capital Management's global securities business, joined the latest episode of the REIT Report to share her insights into the year ahead. She noted that REITs are facing a favorable macroeconomic backdrop marked by good demand, moderating supply, and stable interest rates.“The setup for us is great. and I would highly recommend the average investor take a look at REITs,” Szymanski said. “We're experiencing some of the best growth that we've ever experienced,” she added.For the most part, the sectors that AEW has been overweight in are still favorites, Szymanski said. Number one on that list is senior housing, where AEW has been overweight across the globe. Data centers are in second place, followed by retail. Industrial remains “on the margin,” she added.

Join Christina Warren and Brett Terpstra as they navigate the freezing Minnesotan cold without running water, delve into the intersection of tech and political turmoil, and explore the latest in AI agents and multi-agent workflows. Dive into a whirlwind of emotions, tech tips, and political ranting, all while contemplating the ethics of open source funding and AI coding. From brutal weather updates to philosophical debates on modern fascism, this episode pulls no punches. Sponsor Copilot Money can help you take control of your finances. Get a fresh start with your money for 2026 with 2 months free when you visit try.copilot.money/overtired. Show Links Crimethinc: Being “Peaceful” and “Law-Abiding” Will Not Stop Authoritarianism Gas Town Apex OpenCode Backdrop Cindori Sensei Moltbot Chapters 00:00 Introduction and Host Updates 00:21 Brett’s Water Crisis 02:27 Political Climate and Media Suppression 06:32 Police Violence and Public Response 18:31 Social Media and Surveillance 22:15 Sponsor Break: Copilot Money 26:20 Tech Talk: Gas Town and AI Agents 31:58 Crypto Controversies 37:09 Ethics in Journalism and Personal Dilemmas 39:45 The Future of Open Source and Cryptocurrency 45:03 Apex 1.0? 48:25 Challenges and Innovations in Markdown Processing 01:02:16 AI in Coding and Personal Assistants 01:06:36 GrAPPtitude 01:14:40 Conclusion and Upcoming Plans Join the Conversation Merch Come chat on Discord! Twitter/ovrtrd Instagram/ovrtrd Youtube Get the Newsletter Thanks! You’re downloading today’s show from CacheFly’s network BackBeat Media Podcast Network Check out more episodes at overtiredpod.com and subscribe on Apple Podcasts, Spotify, or your favorite podcast app. Find Brett as @ttscoff, Christina as @film_girl, Jeff as @jsguntzel, and follow Overtired at @ovrtrd on Twitter. Transcript AI Agents and Political Chaos Introduction and Host Updates Christina: [00:00:00] Welcome back. You’re listening to Overtired. I’m Christina Warren. Joined as always by Brett Terpstra. Jeff Severns. Guntzel could not be with us this week, um, but uh, but Brett and I are here. So Brett, how are you? How’s the cold? Brett: The cold. Brett’s Water Crisis Brett: So I’m going on day four without running water. Um, I drove to my parents last night to shower and we’re, we’re driving loads of dishes to friends’ house to wash them. We have big buckets of melted snow in our bathtub that we use to flush the Toyland. Um, and we have like big jugs with a spout on them for drinking water. So we’re surviving, but it is highly inconvenient. Um, and we don’t know yet if it’s a frozen pipe. Or if we have [00:01:00] a bad pump on our, well, uh, hopefully we’ll find that out today. But no guarantees because all the plumbers are very busy right now with negative 30 degree weather. They tend to get a lot of calls, lots of stuff happens. Um, so yeah, but I’m, I’m staying warm. I got a fireplace, I got my heat’s working Christina: I mean, that’s the important thing. Brett: and that went out, that went out twice, in, twice already. This winter, our heat has gone out, um, which I’m thankful. We, we finally, we added glycol to our, so our heat pumps water through, like, it’s not radiators, it’s like baseboard heat, but it, it uses water and. Um, and though we were getting like frozen spots, not burst pipes, just enough that the water wouldn’t go through fast enough to heat anything. So we added glycol to that [00:02:00] system to bring the freeze point down to like zero degrees. So it’s not perfect, but we also hardwired the pump so that it always circulates water, um, even when the heat’s not running. So hopefully it’ll never freeze again. That’s the goal. Um, and if we replace the well pump, that should be good for another 20 years. So hopefully after this things will be smoother. Political Climate and Media Suppression Brett: Um, yeah, but that, that’s all in addition to, you know, my state being occupied by federal agents and even in my small town, we’ve got people being like, abducted. Things are escalating quickly at this point, and a lot of it doesn’t get talked about on mainstream media. Um, but yeah, things, I don’t know, man. I think we’re making progress because, um, apparently Binos [00:03:00] getting retired Christina: I was going to say, I, I, I, I heard, I heard that, and I don’t know if that’s good or if that’s bad. Um, I can’t, I can’t tell. Brett: it’s, it’s like, it’s like if Trump died, we wouldn’t know if that was good or bad because JD Vance as president, like maybe things get way worse. Who knows? Uh, none of these, none of these actual figureheads are the solution. Removing them isn’t the solution to removing the kinda maga philosophy behind it. But yeah, and that’s also Jeff is, you know, highly involved and I, I won’t, I won’t talk about that for him. I hope we can get him monsoon to talk about that. Christina: No, me, me, me too. Because I’ve, I’ve been thinking about, about him and about you and about your whole area, your communities, you know, from several thousand miles away. Like all, all we, all we see is either what people post online, which of course now is being suppressed. [00:04:00] Uh, thanks a lot. You know, like, like the, oh, TikTok was gonna be so terrible. Chi the, the Chinese are gonna take over our, uh, our algorithms. Right? No, Larry Ellison is, is actually going to completely, you know, fuck up the algorithms, um, and, and suppress anything. I, yeah. Yeah. They’re, they’re Brett: is TikTok? Well, ’cause Victor was telling me that, they were seeing videos. Uh, you would see one frame of the video and then it would black out. And it all seemed to be videos that were negative towards the administration and we weren’t sure. Is this a glitch? Is this coincidence? Christina: well, they claim it’s a glitch, but I don’t believe it. Brett: Yeah, it seems, it seems Christina: I, I mean, I mean, I mean, the thing is like, maybe it is, maybe it is a glitch and we’re overreacting. I don’t know. Um, all I know is that they’ve given us absolutely zero reason to trust them, and so I don’t, and so, um, uh, apparently the, the state of California, this is, [00:05:00] so we are recording this on Tuesday morning. Apparently the state of California has said that they are going to look into whether things are being, you know, suppressed or not, and if that’s violating California law, um, because now that, that, that TikTok is, is controlled by an American entity, um, even if it is, you know, owned by like a, you know, uh, evil, uh, billionaire, you know, uh, crony sto fuck you, Larry Ellison. Um, uh, I guess that means we won’t be getting an Oracle sponsorship. Sorry. Um, uh, Brett: take it anyway. Christina: I, I know you wouldn’t, I know you wouldn’t. That’s why I felt safe saying that. Um, but, uh, but even if, if, if that were the case, like I, you know, but apparently like now that it is like a, you know, kind of, you know, state based like US thing, like California could step in and potentially make things difficult for them. I mean, I think that’s probably a lot of bluster on Newsom’s part. I don’t think that he could really, honestly achieve any sort of change if they are doing things to the algorithm. Brett: Yeah. Uh, [00:06:00] if, if laws even matter anymore, it would be something that got tied up in court for a long time Christina: Right. Which effectively wouldn’t matter. Right. And, and then that opens up a lot of other interesting, um, things about like, okay, well, you know, should we, like what, what is the role? Like even for algorithmically determined things of the government to even step in or whatever, right now, obviously does, I think, become like more of a speech issue if it’s government speech that’s being suppressed, but regardless, it, it is just, it’s bad. So I’ve been, I’ve been thinking about you, I’ve been thinking about Jeff. Police Violence and Public Response Christina: Um, you know, we all saw what happened over the weekend and, and, you know, people be, people are being murdered in the streets and I mean that, that, that’s what’s happening. And, Brett: white people no less, Christina: Right. Well, I mean, that’s the thing, right? Like, is that like, but, but, but they keep moving the bar. They, they keep moving the goalpost, right? So first it’s a white woman and, oh, she, she was, she was running over. The, the officer [00:07:00] or the ice guy, and it’s like, no, she wasn’t, but, but, but that, that’s immediately where they go and, and she’s, you know, radical whatever and, and, and a terrorist and this and that. Okay. Then you have a literal veterans affair nurse, right? Like somebody who literally, like, you know, has, has worked with, with, with combat veterans and has done those things. Who, um, is stepping in to help someone who’s being pepper sprayed, you know, is, is just observing. And because he happens to have, um, a, a, a, a gun on him legally, which he’s allowed to do, um, they immediately used that as cover to execute him. But if he hadn’t had the gun, they would’ve, they would’ve come up with something else. Oh, we thought he had a gun, and they, you know what I mean? So like, they, they got lucky with that one because they removed the method, the, the, the weapon and then shot him 10 times. You know, they literally executed him in the street. But if he hadn’t had a gun, they still would’ve executed. Brett: Yeah, no, for sure. Um, it’s really frustrating that [00:08:00] they took the gun away. So he was disarmed and, and immobilized and then they shot him. Um, like so that’s just a straight up execution. And then to bring, like, to say that it, he, because he had a gun, he was dangerous, is such a, an affront to America has spent so long fighting against gun control and saying that we had the right to carry fucking assault rifles in the Christina: Kyle Rittenhouse. Kyle Rittenhouse was literally acquitted. Right? Brett: Yeah. And he killed people. Christina: and, and he killed people. He was literally walking around little fucking stogey, you know, little blubbering little bitch, like, you know, crying, you know, he’s like carrying around like Rambo a gun and literally snipe shooting people. That’s okay. Brett: They defended Christina: if you have a. They defended him. Of course they did. Right? Of course they did. Oh, well he has the right to carry and this and that, and Oh, you should be able to be armed in [00:09:00] these places. Oh, no, but, but if you’re, um, somebody that we don’t like Brett: Yeah, Christina: and you have a concealed carry permit, and I don’t even know if he was really concealed. Right. Because I think that if you have it on your holster, I don’t even think that counts as concealed to Brett: was supposedly in Christina: I, I, I don’t, I don’t, I don’t. Brett: like it Christina: Which I don’t think counts as concealed. I think. Brett: No. Christina: Right, right. So, so, so, so, so that, that, that wouldn’t be concealed. Be because you have someone in, in that situation, then all of a sudden, oh, no. Now, now the, the key, the goalpost, okay, well, it’s fine if it’s, you know, uh, police we don’t like, or, or other people. And, and, and if you’re going after protesters, then you can shoot and kill whoever you want, um, because you’ve perceived a threat and you can take actions into your, to your own hands. Um, but now if you are even a white person, um, even, you know, someone who’s, who’s worked in Veterans Affairs, whatever, if, if you have, uh, even if you’re like a, a, a, you know, a, a gun owner and, and have permits, um, now [00:10:00] if we don’t like you and you are anywhere in the vicinity of anybody associated with law enforcement, now they have the right to shoot you dead. Like that’s, that’s, that’s the argument, which is insanity. Brett: so I’m, I’m just gonna point out that as the third right came to power, they disarmed the Jews and they disarmed the anarchists and the socialists and they armed the rest of the population and it became, um, gun control for people they didn’t like. Um, and this is, it’s just straight up the same playbook. There’s no, there’s no differentiation anymore. Christina: No, it, it, it actively makes me angry that, um, I, I could be, because, ’cause what can we do? And, and what they’re counting on is the fact that we’re all tired and we’re all kind of, you know, like just, [00:11:00] you know, from, from what happened, you know, six years ago and, and, and what happened, you know, five years ago. Um, and, and, and various things. I think a lot of people are, are just. It kind of like Brett: Sure. Christina: done with, with, with being able to, to, to, right. But now the actual fascism is here, right? Like, like we, we, we saw a, a, you know, a whiff of this on, on, on January 6th, but now it’s actual fascism and they control every branch of government. Brett: Yeah. Christina: And, um, and, and, and I, and I don’t know what we’re supposed to do, right? Like, I mean it, because I mean, you know, uh, Philadelphia is, is, is begging for, for, for them to come. And I think that would be an interesting kind of standoff. Seattle is this, this is what a friend of mine said was like, you know, you know Philadelphia, Filch Philadelphia is begging them to come. Seattle is like scared. Um, that, that they’re going to come, um, because honestly, like we’re a bunch of little bitch babies and, um, [00:12:00] people think they’re like, oh, you know the WTO. I’m like, yeah, that was, that was 27 years ago. Um, uh, I, I don’t think that Seattle has the juice to hold that sort of line again. Um, but I also don’t wanna find out, right? Like, but, but, but this is, this is the attack thing. It’s like, okay, why are they in Minnesota? Right? They’re what, like 130,000, um, Brett: exactly Christina: um, immigrants in, in Minnesota. There are, there are however many million in Texas, however many million in Florida. We know exactly why, right? This isn’t about. Anything more than Brett: in any way. Christina: and opt. Right, right. It has nothing, it has nothing to do with, with, with immigration anyway. I mean, even, even the Wall Street Journal. The Wall Street Journal who a, you know, ran an op-ed basically saying get out of Minnesota. They also, they also had like a, you know, a news story, which was not from the opinion board, which like broke down the, the, the footage showing, you know, that like the, the video footage doesn’t match the administration’s claims, but they also ran a story. Um, that [00:13:00] basically did the math, I guess, on like the number of, of criminals, um, or people with criminal records who have been deported. And at this point, like in, you know, and, and when things started out, like, I guess when the raid started out, the, the majority of the people that they were kind of going after were people who had criminal records. Now, whether they were really violent, the worst, the worst, I mean that’s, I’m, I’m not gonna get into that, but you could at least say like, they, they could at least say, oh, well these were people who had criminal records, whatever. Now some, some huge percentage, I think it’s close to 80% don’t have anything. And many of the people that do the, the criminal like thing that they would hold would be, you know, some sort of visa violation. Right. So it’s, it’s, it’s Brett: they deported a five-year-old kid after using him as bait to try to get the rest of his family. Christina: as bait. Brett: Yeah. And like it’s, it’s pretty deplorable. But I will say I am proud of Minnesota. Um, they have not backed [00:14:00] down. They have stood up in the face of increasing increasingly escalated attacks, and they have shown up in force thousands of people out in the streets. Like Conti, like last night they had a, um, well, yeah, I mean, it’s been ongoing, but, uh, what’s his name? Preddy Alex. Um, at the place where he was shot, they had a, like continuing kind of memorial protest, I guess, and there’s footage of like a thousand, a thousand mins surrounding about 50, um, ICE agents and. Like basically corralling them to the point where they were all backed into a corner and weren’t moving. And I don’t know what happened after that. Um, but thus far it hasn’t been violent on the part of protesters. It’s been very violent on the part of ice. I [00:15:00] personally, I don’t know where I stand on, like, I feel like the Democrats are urging pacifism because it affects their hold on power. And I don’t necessarily think that peace when they’re murdering us in the street. I don’t know if peace is the right response, but I don’t know. I’m not openly declaring that I support violence at this point, but. At the same time, do I not? I’m not sure. Like I keep going back and forth on is it time for a war or do we try to vote our way out of this? Christina: I mean, well, and the scary thing about voting our way out of this is will we even be able to have free elections, right? Be because they’re using any sort of anything, even the most benign sort of legal [00:16:00] protest, even if violence isn’t involved in all of a sudden, talks of the Insurrection Act come Brett: yeah. And Trump, Trump offered to pull out of Minnesota if Minnesota will turn over its voter database to the federal government. Like that’s just blatant, like that’s obviously the end goal is suppression. Christina: Right, right. And, and so to your point, I don’t know. Right. And I’m, I’m never somebody who would wanna advocate outwardly for violence, but I, I, I, I, I don’t know. I mean, they’re killing citizens in the streets. They’re assassinating people in cold blood. They’re executing people, right. That’s what they’re doing. They’re literally executing people in the streets and then covering it up in real time. Brett: if the argument is, if we are violent, it will cause them to kill us. They’re already killing Christina: already doing it. Right. So at, at this point, I mean, like, you know, I mean, like, w to your point, wars have been started for, for, for less, or for the exact same things. Brett: [00:17:00] Yeah. Christina: So, I don’t know. I don’t know. Um, I know that that’s a depressing way to probably do mental health corner and whatnot, but this is what’s happening in our world right now and in and in your community, and it’s, it’s terrifying. Brett: I’m going to link in the show notes an article from Crime Think that was written by, uh, people in Germany who have studied, um, both historical fascism and the current rise of the A FD, which will soon be the most powerful party in Germany, um, which is straight up a Nazi party. Um, and it, they offered, like their hope right now lies in America stopping fascism. Christina: Yeah. Brett: Like if we can, if we can stop fascism, then they believe the rest of Europe can stop fascism. Um, but like they, it, it’s a good article. It kind of, it kind of broaches the same questions I do about like, is it [00:18:00] time for violence? And they offer, like, we don’t, we’re not advocating for a civil war, but like Civil wars might. If you, if you, if you broach them as revolutions, it’s kind of, they’re kind of the same thing in cases like this. So anyway, I’ll, I’ll link that for anyone who wants to read kinda what’s going on in my head. I’m making a note to dig that up. I, uh, I love Crime Fake Oh and Blue Sky. Social Media and Surveillance Brett: Um, so I have not, up until very recently been an avid Blue Sky user. Um, I think I have like, I think I have maybe like 200 followers there and I follow like 50 people. But I’ve been expanding that and I am getting a ton of my news from Blue Sky and like to get stories from people on the ground, like news as it happens, unfiltered and Blue Sky has been [00:19:00] really good for that. Um, I, it’s. There’s not like an algorithm. I just get my stuff and like Macedon, I have a much larger following and I follow a lot more people, but it’s very tech, Christina: It’s very tech and, Brett: there for. Christina: well, and, and MAs on, um, understandably too is also European, um, in a lot of regards. And so it’s just, it’s not. Gonna have the same amount of, of people who are gonna be able to, at least for instances like this, like be on the ground and doing real-time stuff. It’s not, it doesn’t have like the more normy stuff. So, no, that makes sense. Um, no, that’s great. I think, yeah, blue Sky’s been been really good for, for these sorts of real-time events because again, they don’t have an algorithm. Like you can have one, like for a personalized kind of like for you feed or whatever, but in terms of what you see, you know, you see it naturally. You’re not seeing it being adjusted by anything, which can be good and bad. I, I think is good because nothing’s suppressing things and you see things in real time. It can be bad because sometimes you miss things, but I think on the whole, it’s better. [00:20:00] The only thing I will say, just to anyone listening and, and just to spread onto, you know, people in your communities too, from what I’ve observed from others, like, it does seem like the, the government and other sorts of, you know, uh, uh, the, you know, bodies like that are finally starting to pay more attention to blue sky in terms of monitoring things. And so that’s not to say don’t. You know, use it at all. But the same way, you don’t make threats on Twitter if you don’t want the Feds to show up at your house. Don’t make threats on Blue Sky, because it’s not just a little microcosm where, you know, no one will see it. People are, it, it’s still small, but it’s, it’s getting bigger to the point that like when people look at like where some of the, the, the fire hose, you know, things observable things are there, there seem to be more and more of them located in the Washington DC area, which could just be because data centers are there, who knows? But I’ve also just seen anecdotally, like people who have had, like other instances, it’s like, don’t, don’t think [00:21:00] that like, oh, okay, well, you know, no one’s monitoring this. Um, of course people are so just don’t be dumb, don’t, don’t say things that could potentially get you in trouble. Um. Brett: a political candidate in Florida. Um, had the cops show up at her house and read her one of her Facebook posts. I mean, this was local. This was local cops, but still, yeah, you Christina: right. Well, yeah, that’s the thing, right? No, totally. And, and my, my only point with that is we’ve known that they do that for Facebook and for, for, you know, Twitter and, and, uh, you know, Instagram and things like that, but they, but Blue Sky, like, I don’t know if it’s on background checks yet, but it, uh, like for, uh, for jobs and things like that, I, I, I don’t know if that’s happening, but it definitely is at that point where, um, I know that people are starting to monitor those things. So just, you know, uh, not even saying for you per se, but just for anybody out there, like, it’s awesome and I’m so glad that like, that’s where people can get information out, but don’t be like [00:22:00] lulled into this false sense of security. Like, oh, well they’re not gonna monitor this. They’re not Brett: Nobody’s watching me here. Christina: It is like, no, they are, they are. Um, so especially as it becomes, you know, more prominent. So I’m, I’m glad that that’s. That’s an option there too. Um, okay. Sponsor Break: Copilot Money Christina: This is like the worst possible segue ever, but should we go ahead and segue to our, our, our sponsor break? Brett: Let’s do it. Let’s, let’s talk about capitalism. Christina: All right. This episode is brought to you by copilot money. Copilot money is not just another finance app. It’s your personal finance partner designed to help you feel clear, calm, and in control of your money. Whether it’s tracking your spending, saving for specific goals, or simply getting the handle on your investments. Copilot money has you covered as we enter the new year. Clarity and control over our finances has never been more important with the recent shutdown of Mint and rising financial stress, for many consumers are looking for a modern, trustworthy tool to help navigate their financial journeys. That’s where copilot money comes in. [00:23:00] With this beautifully designed app, you can see all your bank accounts, spending, savings and goals and investments all in one place. Imagine easily tracking everything without the clutter of chaotic spreadsheets or outdated tools. It’s a practical way to start 2026 with a fresh financial outlook. And here’s the exciting part. As of December 15th, copilot money is now available on the web so you can manage your finances on any device that you choose. Plus, it offers a seamless experience that keeps your data secure with a privacy first approach, when you sign up using our link, you’ll get two months for free. So visit, try. Copilot money slash Overtired to get started with features like automatic subscription tracking so you never miss a renewal date and customizable savings goals to help you stay on track. Copilot money empowers you to take charge of your financial life with confidence. So why wait Start 2026 with clarity and purpose. Download copilot money on your devices or visit. Try copilot money slash [00:24:00] overti today to claim you’re two months free and embrace a more organized, stress-free approach to your finances. Try copilot.money/ Overtired. Brett: Awesome that I appreciate this segue. ’cause we, we, we could, we could be talking about other things. Um, like it’s, it feels so weird, like when I go on social media and I just want to post that like my water’s out. It feels out of place right now because there’s everything that’s going on feels so much more important than, Christina: Right. Brett: than anything else. Um, but there’s still a place for living our lives, um, Christina: there are a absolutely. I mean, and, and, and in a certain extent, like not to, I mean, maybe this is a little bit of a cope, but it’s like, if all we do is focus on the things that we can’t control at the expense of everything else, it’s like then they win. You know? Like, which, which isn’t, which, which isn’t even to [00:25:00] say, like, don’t talk about what’s happening. Don’t try to help, don’t try to speak out and, and, um, and do what we can do, but also. Like as individuals, there’s very little we can control about things. And being completely, you know, subsumed by that is, is not necessarily good either. Um, so yeah, there’s, there, there are other things going on and it’s important for us to get out of our heads. It’s important, especially for you, you know, being in the region, I think to be able to, to focus on other things and, and hopefully your water will be back soon. ’cause that sucks like that. I’ve been, I’ve been worried about you. I’m glad that you have heat. I’m glad you have internet. I’m glad you have power, but you know, the pipes being frozen and all that stuff is like, not Brett: it, the, the internet has also been down for up to six hours at a time. I don’t know why. There’s like an amplifier down on our street. Um, and that has sucked because I, out here, I live in a, I’m not gonna call it rural. Uh, we’re like five minutes from town, [00:26:00] but, um, we, we don’t. We have shitty internet. Like I pay for a gigabit and I get 500 megabits and it’s, and it’s up and down all the time and I hate it. But anyway. Tech Talk: Gas Town and AI Agents Brett: Let’s talk about, uh, let’s talk about Gas Town. What can you tell me about Gastown? Christina: Okay. So we’ve talked a lot about like AI agents and, um, kind of like, uh, coding, um, loops and, and things like that. And so Gastown, uh, which is available, um, at, I, it is not Gas Town. Let me find the URL, um, one second. It’s, it’s at a gas town. No, it’s not. Lemme find it. Um. Right. So this is a thing that, that Steve Yy, uh, has created, and [00:27:00] it is a multi-agent workspace manager. And so the idea is basically that you can be running like a lot of instances of, um, of, of Claude Code or, um, I guess you could use Codex. You could use, uh, uh, uh, co-pilot, um, SDK or CLI agent and whatnot. Um, and basically what it’s designed to do is to basically let you coordinate like multiple coding agents at one time so they can all be working on different tasks, but then instead of having, um, like the context get lost when agents restart, it creates like a, a persistent, um, like. Work state, which it uses with, with git on the backend, which is supposed to basically enable more multi-agent workflows. So, um, basically the idea would be like, you get, have multiple agents working at once, kind of talking to one another, handing things off, you know, each doing their own task and then coordinating the work with what the other ones are doing. But then you have like a persistent, um, uh, I guess kind of like, you know, layer in the backend so that if an agent has to restart or whatever, it’s not gonna lose the, [00:28:00] the context, um, that that’s happening. And you don’t have to manually, um, worry about things like, okay, you know, I’ve lost certain things in memory and, and I’ve, you know, don’t know how I’m, I’m managing all these things together. Um, there, there’s another project, uh, called Ralph, which is kind of based on this, this concept of like, what of Ralph Wickham was, you know, coding or, or was doing kind of a loop. And, and it’s, it’s, it’s a, it’s kind of a similar idea. Um, there’s also. Brett: my nose wouldn’t bleed so much if I just kept my finger out of there. Christina: Exactly, exactly. My cat’s breath smells like cat food. Um, and um, and so. Like there are ideas of like Ralph Loops and Gastown. And so these are a couple of like projects, um, that have really started to, uh, take over. So like, uh, Ralph is more of an autonomous AI agent loop that basically like it runs like over and over and over again until, uh, a task is done. Um, and, and a lot of people use, use Gastown and, [00:29:00] and, and Ralph together. Um, but yeah, no Ga gastown is is pretty cool. Um, we’ll we’re gonna talk about it more ’cause it’s my pick of the week. We’ll talk about Molt bot previously known as Claude Bot, which is, uses some, some similar ideas. But it’s really been interesting to see like how, like the, the multi-agent workflow, and by multi-agent, I mean like, people are running like 20 or 30 of them, you know, at a time. So it’s more than that, um, is really starting to become a thing that people can, uh, can do. Um, Brett: gets expensive though. Christina: I was, I was just about to say that’s the one thing, right? Most people who are using things like Gastown. Are using them with the Claude, um, code Max plans, which is $200 a month. And those plans do give you more value than like, what the, what it would be if you spent $200 in API credits, uh, but $200 a month. Like that’s not an expensive, that’s, you know, that, that’s, that, that, like, you know what I mean? Like, like that, that, that, that, that, that’s a lot of money to spend on these sorts of things. Um, but people [00:30:00] are getting good results out of it. It’s pretty cool. Um. There have been some open models, which of course, most people don’t have equipment that would be fast enough for them to, to run, uh, to be able to kind of do what they would want, um, reliably. But the, the AgTech stuff coming to some of the open models is better. And so if these things can continue, of course now we’re in a ram crisis and storage crisis and everything else, so who knows when the hardware will get good enough again, and we can, when we as consumers can even reasonably get things ourselves. But, but in, in theory, you know, if, if these sorts of things continue, I could see like a, a world where like, you know, some of the WAN models and some of the other things, uh, potentially, um, or Quinn models rather, um, could, uh. Be things that you could conceivably, like be running on your own equipment to run these sorts of nonstop ag agentic loops. But yeah, right now, like it’s really freaking cool and I’ve played around with it because I’m fortunate enough to have access to a lot of tokens. [00:31:00] Um, but yeah, I can get expensive real, real fast. Uh, but, but it’s still, it’s still pretty awesome. Brett: I do appreciate that. So, guest Town, the name is a reference to Mad Max and in the kind of, uh, vernacular that they built for things like background agents and I, uh, there’s a whole bunch, there are different levels of, of the interface that they kind of extrapolated on the gas town kind of metaphor for. Uh, I, it was, it, it, there were some interesting naming conventions and then they totally went in other directions with some of the names. It, they didn’t keep the theme very well, but, but still, uh, I appreciate Ralph Wig and Mad Max. That’s. It’s at the very least, it’s interesting. Christina: No, it definitely is. It definitely is. Crypto Controversies Christina: I will say that there’s been like a little bit [00:32:00] of a kerfuffle, uh, involved in both of those, uh, developers because, um, they’re both now promoting shit coins and, uh, and so that’s sort of an interesting thing. Um, basically there’s like this, this, this crypto company called bags that I guess apparently like if people want to, they will create crypto coins for popular open source projects, and then they will designate someone to, I guess get the, the gas fees, um, in, um, uh, a Solana parlance, uh, no pun intended, with the gas town, um, where basically like that’s, you know, like the, the, the fees that you spend to have the transaction work off of the blockchain, right? Like, especially if there’s. A lot of times that it would take, like, you pay a certain percentage of something and like those fees could be designated to an individual. And, um, in this case, like both of these guys were reached out to when basically they were like, Hey, this coin exists. You’ve got all this money just kind of sitting in a crypto wallet waiting for you. [00:33:00] Take the money, get, get the, the transaction fees, so to speak. And, uh, I mean, I think that, that, that’s, if you wanna take that money right, it’s, it’s there for you. I’m not gonna certainly judge anyone for that. What I will judge you for is if you then promote your shit coin to your community and basically kind of encourage everyone. To kind of buy into it. Maybe you put in the caveat, oh, this isn’t financial advice. Oh, this is all just for whatever. But, but you’re trying to do that and then you go one step beyond, which I think is actually pretty dumb, which is to be like, okay, well, ’cause like, here’s the thing, I’m not gonna judge anyone. If someone who’s like, Hey, here’s a wallet that we’re gonna give you, and it has real cash in it, and you can do whatever you want with it, and these are the transaction fees, so to speak, like, you know, the gas fees, whatever, you know what you do. You, even if you wanna let your audience know that you’ve done that, and maybe you’re promoting that, maybe some people will buy into it, like, people are adults. Fine. Where, where I do like side eye a little bit is if you are, then for whatever reason [00:34:00] going to be like, oh, I’m gonna take my fees and I’m gonna reinvest it in the coin. Like, okay, you are literally sitting on top of the pyramid, like you could not be in a better position and now you’re, but right. And now you’re literally like paying into the pyramid scheme. It’s like, this is not going to work well for you. These are rug bulls. Um, and so like the, the, the, the gas town coin like dropped like massively. The Ralph coin like dropped massively, like after the, the, the Ralph creator, I think he took out like 300 K or something and people, or, you know, sold like 300 K worth of coins. And people were like, oh, he’s pulling a rug pull. And I’m like, well, A, what did you expect? But B it’s like, this is why don’t, like, if someone’s gonna give you free money from something that’s, you know, kind of scammy, like, I’m not saying don’t take the money. I am saying maybe be smart enough to not to reinvest it into the scam. Brett: Yeah. Christina: Like, I don’t know. Anyway, that’s the only thing I will mention on that. ’cause I don’t think that that takes [00:35:00] anything away from either of those projects or it says that you shouldn’t use or play around with it either of those ideas at all. But that is just a thing that’s happened in the last couple of weeks too, where it’s like, oh, and now there’s like crypto, you know, the crypto people are trying to get kind of involved with these projects and, um, I, I think that that’s, uh, okay. You know, um, like I said, I’m, I’m not gonna judge anybody for taking free money that, that somebody is gonna offer them. I will judge you if you’re gonna try to then, you know, try to like, promote that to your audience and try to be like, oh, this is a great way where we, where you can help me and we can all get rich. It’s like, no, there are, if you really wanna support creators, like there are things like GitHub sponsors and there are like other methods that you can, you can do that, that don’t involve making financial risks on shit coins. Brett: I wish anything I made could be popular enough that I could do something that’s stupid. Yeah. Like [00:36:00] I, I, I, I’m not gonna pull a rug pull on anyone, but the chances that I’ll ever make $300,000 on anything I’m working on, it’s pretty slim. Christina: Yeah, but at the same time, like if you, if you did, if you were in that position, like, I don’t know, I mean, I guess that’d be a thing that you would have to kind of figure out, um, yourself would be like, okay, I have access to this amount of money. Am I going to try to, you know, go all in and, and maybe go full grift to get even more? Some, something tells me that like your own personal ethics would probably preclude you from that. Brett: I, um, I have spent, what, um, how old am I? 47. I, I’ve been, since I started blogging in like 1999, 2000, um, I have always adhered to a very strict code and like turning down sponsors. I didn’t agree with [00:37:00] not doing anything that would be shady. Not taking, not, not taking money from anyone I was writing about. Ethics in Journalism and Personal Dilemmas Brett: Like, it’s been, it’s a pain in the ass to try to be truly ethical, but I feel like I’ve done it for 30 some years and, and I don’t know, I wouldn’t change it. I’m not rich. I’ll never be rich. But yeah, I think ethics are important, especially if you’re in any kind of journalism. Christina: Yeah, if you’re in any sort of journalism. I think so, and I think like how people wanna define those things, I think it’s up to them. And, and like I said, like I’m not gonna even necessarily like, like judge people like for, because I, I don’t know personally like what my situation would be like. Like if somebody was like, Christina, here’s a wallet that has the equivalent of $300,000 in it and it’s just sitting here and we’re not even asking you to do anything with this. I would probably take the money. I’m not gonna lie, I don’t, I don’t, I don’t [00:38:00] know if I would promote it or anything and I maybe I would feel compelled to disclose, Hey, Brett: That is Christina: wallet belongs to me. Brett: money though. Christina: I, I, right. I, I, I might, I might be, I might feel compelled to com to, to disclose, Hey, someone created this coin in this thing. They created the foam grow coin and they are giving me, you know, the, the, the gas fees and I have accepted Brett: could be, I’d feel like you could do it if you were transparent enough about it. Christina: Yeah, I mean, I, I, I think where I draw the line is when you then go from like, because again, it’s fine if you wanna take it. It’s then when you are a. Reinvesting the free money into the coin, which I think is just idiotic. Like, I think that’s just actually dumb. Um, like I just, I just do like, that just seems like you are literally, like I said, you’re at the top of the pyramid and you’re literally like volunteering to get into the bottom again. Um, and, or, or b like if you do that and then you try to rationalize in some way, oh, well, you know, I think [00:39:00] that this could be a great thing for everybody to, you know, I get rich, you know, you could get rich, we could all get money out of this because this is the future of, you know, creator economy or whatever. It’s like, no, it’s not. This is gambling. Um, and, and, and, and you could make the argument to me, and I’d probably be persuaded to be like, this isn’t that different from poly market or any of the other sorts of things. But you know what? I don’t do those things either. And I wouldn’t promote those things to any audience that I had either. Um, but if somebody wanted to give me free money. I probably wouldn’t turn it down. I’m not gonna pretend that my ethics are, are that strong. Uh, I just don’t know if I would, if I would, uh, go on the other end and be like, okay, to the Moom, everyone let, let’s all go in on the crypto stuff. It’s like, okay, The Future of Open Source and Cryptocurrency Brett: So is this the future of open source is, ’cause I mean like open source has survived for decades as like a concept and it’s never been terribly profitable. But a [00:40:00] lot of large companies have invested in open source, and I guess at this point, like most of the big open source projects are either run by a corporation or by a foundation. Um, that are independently financed, but for a project like Gastown, like is it the future? Is this, is this something people are gonna start doing to like, kind of make open source profitable? Christina: I mean, maybe, I don’t know. I think the problem though is that it’s not necessarily predictable, right? And, and not to say that like normal donations or, or support methods are predictable, but at least that could be a thing where you’re like, they’re not, but, but, but it’s not volatile to the extent where you’re like, okay, I’m basing, you know, like my income based on how well this shit coin that someone else controls the supply of someone else, you know, uh, uh, created someone else, you know, burned, so to speak, somebody else’s is going to be, uh, [00:41:00] controlling and, and has other things and could be responsible for, you know, big seismic like market movements like that I think is very different, um, than anything else. And so, I don’t know. I mean, I, I think that they, what I do expect that we’ll see more of is more and more popular projects, things that go viral, especially around ai. Probably being approached or people like proactively creating coins around those things. And there have been some, um, developers who’ve already, you know, stood up oddly and been like, if you see anybody trying to create a coin around this, it is not associated with me. I won’t be associated with any of it. I won’t do it. Right. Uh, and I think that becomes a problem where you’re like, okay, if these things do become popular, then that becomes like another risk if you don’t wanna be involved in it. If you’re involved with a, with a popular project, right? Like the, like the, like the creator of MPM Isaac, like, I think there’s like an MPM coin now, and that, that he’s, you know, like involved in and it’s like, you know, again, he didn’t create it, but he is happy to promote it. He’s happy to take the money. I’m like, look, I’m happy for [00:42:00] Isaac to get money from NPMI am at the same time, you know, bun, which is basically like, you know, the, you know, replacement for, for Node and NPM in a lot of ways, they sold to Anthropic for. I guarantee you a fuck load more money than whatever Isaac is gonna make off of some MPM shitcoin. So, so like, it, it’s all a lottery and it’s not sustainable. But I also feel like for a lot of open source projects, and this isn’t like me saying that the people shouldn’t get paid for the work, quite the contrary. But I think if you go into it with the expectation of I’m going to be able to make a sustainable living off of something, like when you start a project, I think that that is not necessarily going to set you up for, I think that those expectations are misaligned with what reality might be, which again, isn’t to say that you shouldn’t get paid for your work, it’s just that the reason that we give back and the reason we contribute open source is to try to be part of like the, the greater good and to make things more available to everyone. Not to be [00:43:00] like, oh, I can, you know, quit my job. Like, that would be wonderful. I, I wish that more and more people could do that. And I give to a lot of, um, open source projects on, on a monthly basis or on an annual basis. Um, Brett: I, I give basically all the money that’s given to me for my open source projects I distribute among other open source projects. So it’s a, it’s a, it’s a wash for me, but yeah, I am, I, I pay, you know, five, 10 bucks a month to 20 different projects and yeah. Christina: Yeah. I mean, I think it’s important, but, but I, I don’t know. I, I, I hope that it’s not the future. I’m not mad, I think like if that’s a way where people can make, you know, a, a, an income. But I do, I guess worry the sense that like, if, if, if, I don’t want that to be, the reason why somebody would start an open source project is because they’re like, oh, I, I can get rich on a crypto thing. Right? Like, ’cause that that’s the exact wrong Brett: that’s not open source. That’s not the open source philosophy. Christina: no, [00:44:00] it’s not. And, and so, I mean, but I think, I think if it already exists, I mean, I don’t know. I, I also feel like no one should feel obligated. This should go without saying that. If you see a project that you like that is involved in one of those coins. Do you have a zero obligation to be, uh, supportive of that in any way? And in fact, it is probably in your financial best interest to not be involved. Um, it, it is your life, your money, your, you do whatever you want, gamble, however you want. But, uh, I, I, I, I do, I guess I, I bristle a little bit. Like if people try to portray it like, oh, well this is how you can support me by like buying into this thing. I’m like, okay, that’s alright. Like, I, I, if you wanna, again, like I said, if you wanna play poly market with this, fine, but don’t, don’t try to wrap that around like, oh, well this is how you can give back. It’s like, no, you can give back in other ways. Like you can do direct donations, you can do other stuff. Like I would, I would much rather encourage people to be like, rather than putting a hundred dollars in Ralph Coin, [00:45:00] give a hundred dollars to the Ralph Guy directly. Apex 1.0? Brett: So, speaking of unprofitable open source, I have Apex almost to 1.0. Um, it officially handles, I think, all of the syntax that I had hoped it would handle. Um, it does like crazy things, uh, that it’s all built on common mark, GFM, uh, like cmar, GFM, GitHub’s project. Um, so it, it does all of that. Plus it handles stuff from like M mark with like indices. Indices, and it incorporates, uh. Uh, oh, I forget the name of it. Like two different ways of creating indices. It handles all kinds of bibliography syntax, like every known bibliography syntax. Um, I just added, you can, you can create insert tags with plus, plus, uh, the same way you would create a deletion with, uh, til detail. Um, and [00:46:00] I’ve added a full plugin structure, and the plugins now can be project local. So you can have global plugins. And then if you have specific settings, so like I have a, I, my blogs are all based on cramdown and like the bunch documentation is based on cramdown, but then like the mark documentation. And most of my writing is based on multi markdown and they have different. Like the, for example, the IDs that go on headers in multi markdown. If it’s, if it has a space in multi markdown, it gets compressed to no space in common Mark or GFM, it gets a dash instead of a space, which means if I have cross links, cross references in my document, if I don’t have the right header syntax, the cross reference will break. So now I can put a, a config into like my bunch documentation that tells Apex to use, [00:47:00] um, the dash syntax. And in my Mark documentation, I can tell it to use the multi markdown syntax. And then I can just run Apex with no command line arguments and everything works. And I don’t know, I, I haven’t gotten adoption for it. Like the one place I thought it could be really useful was DEVONthink, Christina: Mm-hmm. Brett: which has always been based on multi markdown, which. Um, is I love multi markdown and I love Fletcher and, um, it’s just, it’s missing a lot of what I would consider modern syntax. Christina: Right. Brett: so I, I offered it to Devin think, and it turned out they were working on their own project along the same lines at the same time. Um, but I’m hoping to find some, some apps that will incorporate it and maybe get it some traction. It’s solid, it’s fast, it’s not as fast as common Mark, but it does twice as much. Um, like the [00:48:00] benchmarks, it a complex document renders in common mark in about. Uh, 27 milliseconds, and in Apex it’s more like 46 milliseconds. But in the grand scheme of things, I could render my whole blog 10 times faster than I can with cramm down or Panoc and yeah, and, and I can use all the syntax I want. Challenges and Innovations in Markdown Processing Brett: Did I tell you about, did I tell you about, uh, Panoc Divs? The div extension, um, like you can in with the panoc D extension, you can put colon, colon, colon instead of like back, take, back, take backtick. So normally, like back ticks would create a code block with colons, it creates a div, and you can apply, you can apply inline attribute lists after the colons to make, to give it a class and an ID and any other attributes you wanna apply to it. I extended that so that you can do colon, [00:49:00] colon, colon, and then type a tag name. So if you type colon, colon, colon aside and then applied an attribute list to it, it would create an aside tag with those attributes. Um, the, the only pan deck extension that I wish I could support that I don’t yet is grid tables. Have you ever seen grid tables? Christina: I have not. Brett: There, it’s, it’s kind of like multi markdown table syntax, except you use like plus signs for joints and uh, pipes and dashes, and you actually draw out the table like old ASCI diagrams Christina: Okay. Brett: and that would render that into a valid HTML table. But that supporting that has just been, uh, tables. Tables are the thing. I’ve pulled the most hair out over. Christina: Yeah, I was gonna say, I think I, they feel like tables are hard. I also feel like in a lot of circumstances, I mean obviously people use tables and whatnot, but like, [00:50:00] only thing I would say to you, like, you know, apex is, is so cool and I hope that other projects adopt it. Um, and, uh, potentially with the POC support as far as you’ve gotten with it, maybe, you know, projects that support some of POC stuff could, could, you know, uh, jump into it. But I will say it does feel like. Once you go into like the Panoc universe, like that almost feels like a separate thing from the markdown Flavors like that almost feels like its own like ecosystem. You know what I mean? Brett: Well, yeah, and I haven’t tried to adopt everything Panoc does because you can als, you can also use panoc. You can pipe from Apex into Panoc or vice versa. So I’m not gonna try to like one for one replicate panoc, Christina: No, no. Totally Brett: do all of panoc export options because Panoc can take HTML in and then output PDFs and Doc X and everything. So you can just pipe output from Apex into Panoc to create your PDF or whatever Christina: And like, and, and like to, [00:51:00] and like to me, like that seems ideal, right? But I feel like maybe like adopting some of the other things, especially like, like their grid, you know, table, things like that. Like that would be cool. But like, that feels like that’s a, potentially has the, has the potential, maybe slow down rendering and do other stuff which you don’t want. And then b it’s like, okay, now are we complicated to the point that like, this is, this is now not becoming like one markdown processor to rule them all, but you Brett: Yeah, the whole point, the whole point is to be able to just run Apex and not worry about what cex you’re using. Um, but grid tables are the kind of thing that are so intentional that you’re not gonna accidentally use them. Like the, the, the, the impetus for Apex was all these support requests I get from people that are like the tilde syntax for underline or delete doesn’t work in Mark. And it, it does if you choose the right processor. But then you have to know, yeah, you have to [00:52:00] know what processor supports what syntax and that takes research and time and bringing stuff in from, say, obsidian into mart. You would just kind of expect things to work. And that’s, that’s why I built Apex and Christina: right? Brett: you are correct that grid tables are the kind of thing, no one’s going to use grid tables if they haven’t specifically researched what Christina: I right. Brett: they’re gonna work with. Christina: And they’re going to have a way that has their file marked so that it is designated as poc and then whatever, you know, flags for whatever POC features it supports, um, does. Now I know that the whole point of APEX is you don’t have to worry about this, but, but I am assuming, based on kind of what you said, like if I pass like arguments like in like a, you know, in a config file or something like where I was like, these documents or, or, or this URL or these things are, you know, in this process or in this in another, then it can, it can just automatically apply those rules without having to infer based on the, on the syntax, right. Brett: right. It has [00:53:00] modes for cram down and common mark and GFM and discount, and you can like tell it what mode you’re writing in and it will limit the feature set to just what that processor would handle. Um, and then all of the flags, all of the features have neg negotiable flags on them. So if you wanted to say. Skip, uh, relax table rendering. You could turn that off on the command line or in a config file. Um, so yeah, everything, everything, you can make it behave like any particular processor. Uh, but I focus mostly on the unified mode, which again, like you don’t have to think about which processor you are using. Christina: Are you seeing, I guess like in, in circumstances like, ’cause I, in, in my, like, my experience, like, I would never think to, like, I would probably like, like to, I would probably do like what you do, which is like, I’m [00:54:00] going to use one syntax or, or one, you know, processor for one type of files and maybe another and another. Um, but I, I don’t think that like, I would ever have a, and maybe I’m misunderstanding this, but I don’t think I would ever have an instance where I would be like mixing the two together in the same file. Brett: See, that’s my, so that’s, that’s what’s changing for me is I’m switching my blog over to use Apex instead of Cramdown, which means I can now incorporate syntax that wasn’t available before. So moving forward, I am mixing, um, things from common mark, things from cram down, things from multi markdown. Um, and, and like, so once you know you have the option Christina: right. Then you might do that Brett: you have all the syntax available, you start doing it. And historically you won’t have, but like once you get used to it, then you can. Christina: Okay. So here’s the next existential question for you. At what point then does it go from being, you know, like [00:55:00] a, a, a rendering engine, kind of like an omni rendering engine to being a syntax and a flavor in and of itself? Brett: That is that, yeah, no, that’s a, that’s a very valid question and one that I have to keep asking myself, um, because I never, okay, so what to, to encapsulate what you’re saying, if you got used to writing for Apex and you were mixing your syntax, all of a sudden you have a document that can’t render in anything except Apex, which does eventually make it its own. Yeah, no, it is, it’s always, it’s a concern the whole time. Christina: well, and I, I wouldn’t even necessarily, I mean, like, and I think it could be two things, right? I mean, like, you could have it live in two worlds where, like on the one hand it could be like the rendering engine to end all rendering engines and it can render, you know, files and any of them, and you can specify like whatever, like in, in, in like a tunnel or something. Like, you know, these files are, [00:56:00] are this format, these are these, and you know, maybe have some sort of, you know, um, something, even like a header files or whatever to be like, this is what this rendering engine is. Um, you know, with, with your projects to have it, uh, do that. Um. Or have it infer, you know, based on, on, on, um, the, the logic that you’re importing. But it could also be one of those things where you’re like, okay, I just have created like, you know, the omni syntax. And that’s a thing that maybe, maybe you get people to try to encourage or try, try to adopt, right? Like, it’s like, okay, you can always just use common mark. You can always just use GFM, you can always just use multi markdown, but we support these other things too, from these other, um, systems and you can intermix and match them. Um, because, because I, I do feel like at a certain point, like at least the way you’re running it yourself, you have your own syntax. Like, like, you know. Brett: yeah. No, you have perfectly encapsulated the, the major [00:57:00] design concern. And I think you’re correct. It can exist, it can be both things at once. Um, but I have like, nobody needs another markdown syntax. Like there are so many flavors right now. Okay. There may be a dozen. It’s not like an infinite number, but, but there’s enough that the confusion is real. Um, and we don’t need yet another markdown flavor, but we do need a universal processor that. Makes the differentiations less, but yeah, no, it’s, I need, I need to nail down that philosophy, uh, and really like, put it into writing and say, this is the design goal of this project, uh, which I have like hinted at, but I’m a scattered thinker and like, part of, part of the design philosophy is if someone says, Hey, [00:58:00] could you make this work? I just wanted a project where I could say, yeah, I’m gonna make that work. I, I, I’m gonna add this somewhat esoteric syntax and it’s just gonna work and it’s not gonna affect anything else. And you don’t have to use it, but if you do, there it is. So it’s kind of, it was designed to bloat to a circuit certain extent. Um, but yeah, I need to, I need to actually write a page That’s just the philosophy and really, really, uh, put, put all my thoughts together on that. Christina: Yeah, no, ’cause I was just kind of thinking, I was like, ’cause it’s so cool. Um, but the way that I would’ve envisioned using it, like I, I still like, it’s cool that you can mix all those things in together. I still feel like I probably wouldn’t because I’m not you. And so then I would just have like this additional dependency that it’s like, okay, if something happens to Apex one day and that’s the only thing that can render my documents, then like, you know what I mean? And, and, and if it’s not getting updated [00:59:00] anymore or whatever, then I’m kind of like SOL, um, Brett: Maku. Do you remember Maku? Christina: vaguely. Brett: It’s, the project is kind of dead and a lot of its syntax has been incorporated into various other processors. But if you built your whole blog on Maku, you have to, you have to be able to run like a 7-year-old binary, um, and, and it’ll never be updated, and eventually you’re gonna run into trouble. The nice thing about Unix based stuff is it’s. Has a, you can stop developing it and it’ll work for a decade, um, until, like, there’s a major shift in processors, but like, just the shift to arm. Like if, if Maku was only ever compiled for, uh, for, uh, Intel and it wasn’t open source, you would, it would be gone. You wouldn’t be able to run it anymore. So yeah, these things can happen. Christina: [01:00:00] Well, and I just even think about like, you know, the fact that like, you know, like some of the early processors, like I remember like back, I mean this is a million years ago, but having to use like certain, like pearl, you know, based things, you know, but depending on like whatever your backend system was, then you moved to PHP, they maybe you move, moved to, you know, Ruby, if you’re using like Jekyll and maybe you move to something else. And I was like, okay, you know, what will the thing be in the future? Yeah. If, if I, if it’s open source and there’s a way that, you know, you can write a new, a new processor for that, but it does create like, dependencies on top of dependencies, which is why I, I kind of feel like I like having like the omni processor. I don’t know if, like, for me, I’m like, okay, I, I would probably be personally leery about intermingling all my different syntaxes together. Brett: to that end though, that is why I wanted it in C um, because C will probably never die. C can be compiled on just about any platform. And it can be used with, like, if you have, if you have a Jekyll blog and you wanna [01:01:00] incorporate a C program into a gem, it’s no problem. Uh, you can incorporate it into just about any. Langu

Alan Thomson, chief executive officer at Intervallum Technologies — which has developed a factor-rotation index based on evolving market conditions — says that the market's strong conditions are "durable," but that a "fragile" macro environment has created stresses. This makes for a "thin-ice state," where the market shows stability and could stay that way for the foreseeable future, but the underlying risks can not be ignored. He noted that should not put investors out of the market, but should instead have them aware that trouble is possible and to factor downside risk potential into their near-term outlook. Vijay Marolia, chief investment officer at Regal Point Capital, looks at the big start that the latest earnings season got off to last week thanks to some brand-name financial companies, and he talks about two companies that he thinks are must-watch news as earnings season transitions to more of the consumer and industrial names. He also discusses what he's looking for in companies from all industries to make sure they are staying on top of opportunities in the business world. David Trainer, founder and president at New Constructs, put five different stocks in the Danger Zone this week, noting that he expects them all to miss earnings estimates because Wall Street has been listening to whisper numbers or allowing legal accounting tricks to artificially inflate the numbers.  Plus, Chuck answers a listener's question about whether he can keep contributing to a Roth IRA now that he has retired.

SummaryIn this episode of "Echoes Through Eternity," Dr. Jeffrey D. Skinner delves into the often-overlooked dangers of personality-driven church planting. He highlights how the focus on a pastor's charisma can unintentionally shift Jesus to the background, leading to a church culture that prioritizes metrics and visibility over genuine spiritual growth. Drawing on insights from various thought leaders, including Henri Nouwen and Francis Chan, Dr. Skinner emphasizes the importance of maintaining a Christ-centered approach in worship and ministry, warning against the seductive nature of success that can lead to spiritual complacency.Dr. Skinner also discusses the pressures faced by church planters in today's digital age, where constant notifications and social media can distract from the core mission of discipleship. He encourages listeners to reflect on their own practices and the health of their church communities, urging them to prioritize worship that forms rather than merely inspires. The episode concludes with a call to lead humbly, plant carefully, and keep Jesus at the forefront of ministry efforts, ensuring that the church remains a true reflection of Christ's teachings.Takeaways'The most dangerous churches are not the ones that fail.''Worship does not exist to inspire you. It exists to reorder you.''If the church can't function without you, that is not a compliment.''You cannot rest without checking numbers.''Saying no is a form of faithfulness.'Key Resources from this epsiode.• Eugene PetersonPeterson gives language for longevity over visibility.He names the danger of speed, success, and celebrity in ministry long before social media existed.He reinforces your central warning without sounding reactive.Books to reference (essential)• A Long Obedience in the Same DirectionThis book is a direct antidote to personality-driven planting.It frames discipleship as faithfulness over time, not momentary impact.It fits perfectly with your theme of resisting urgency and re-centering on Christ.• Shawna Songer GainesPrimary voice for the episode's theological frame.Her line—“What is essential is never demanding”—is the backbone.She supplies the foreground vs background image, the Jordan River moment, and Christ-centered worship as re-centering.• Jay Y. KimNames the digital attention problem clearly.Gives language for the inward gaze and how technology disciples us.Helps you connect culture, formation, and ministry drift.church planting, personality-driven ministry, Christ-centered worship, spiritual growth, Henri Nouwen, Francis Chan, digital distractions, church health, discipleship, ministry challenges.Francis ChanServes as the cautionary example.Models humility, confession, and courage to step away.Illustrates how success can still be spiritually dangerous.• Henri NouwenQuoted directly from In the Name of Jesus.You accurately reference his warning about the temptations of relevance, popularity, and power.• Neil Postman-Amusing Ourselves to DeathReferenced for cultural critique.You quote Amusing Ourselves to Death accurately and apply it to digital formation.•

Internnational Film Festival, Flickerfest 2026. We spoke to Sean Walker, co-director of 'They Loved Us the Most,' which was selected for Best of Australian collection. - 2026年の国際ショートフィルムフェスティバル、Flickerfest。ベスト・オブ・オーストラリアン上映作に選出された、'THEY LOVED US THE MOST'の共同監督、ショーン・ウォーカーさんにお話を聞きます。

The Tower of Babel is one of those events that is incredibly important but often misunderstood. Today, we'll study Genesis 11 and see why this passage is in our Bibles and how it serves as a dark backdrop to the entire message of God's Word. Join us for a key study in the key chapters in God's Word! DISCUSSION AND STUDY QUESTIONS: 1. Read through Genesis 11 and place a box around any words or phrases that speak of man's unity. Place a triangle around any words or phrases that speak of man's disunity. How does man's inability to communicate contribute to the disharmony among people? 2.    Read through Genesis 11 and circle the names Shem (in verse 10), Eber (in verse 14), Terah (in verse 24), and Abram (in verse 26). Then draw a line that connects them all, starting from Shem and ending with Abram. What is the significance of these connections?  3.    How did the study suggest that Genesis 11 serves as a dark backdrop to the rest of the Bible? What is so dark in this chapter? What is the diamond at the end of it?  4.    In verse 4, what reason did the people give for wanting to stay in the land of Shinar? What command was this in direct disobedience to? What was the purpose of that command?  5.    Looking at how the people were reasoning in verses 3 and 4, would you say they were taking God's instructions into consideration or disregarding them? Why do you think they had this mindset? 6.    In verse 4, was their sin "building the tower" or something else? How is that significant to the plan of God given in Genesis 1:28 and 9:1? 7.    The people used God's blessings to sin against Him. How might a person still use their God-given blessings to sin against Him? What, instead, should we do with God's blessings? 8.    How did God's judgment redirect the people to obey His commands? What does this tell us about one of the purposes of God's judgment? 9.    Who is the key person mentioned in verse 26? According to Genesis 17:5, what was his name later changed to? What did this new name mean?  10.    The people who settled in the Plain of Shinar were doing what seemed good to them, but they completely disregarded God's commands. When you look at your approach to life, how do you make decisions? Do most of your decisions simply reflect what you think is best? Do you normally consult God's Word for what He says on that matter? Why or why not? 11.    Would the people who know you describe you as a person who is actively seeking live according to God's way? Are you a person who seeks to please God, obey Him, and glorify Him? Why or why not? 12.    What implication does the meaning of "Abraham" have for the kind of nation Abraham was to be the father of? What does the study tell us about God's plan for choosing Abram from among the nations? 13.    Although we ought to obey God, none of us do perfectly. None of us can fully obey Him in our own strength. As we end our study in Genesis 11, take a moment to seek God's transforming grace, so that He might transform your heart, mind, will, and actions to conform to His holy standard in submission to His Son, who is our Lord and God and King? Check out our Bible Study Guide on the Key Chapters of Genesis! Available on Amazon just in time for the Genesis relaunch in January! To see our dedicated podcast website with access to all our episodes and other resources, visit us at: www.keychapters.org. Find us on all major platforms, or use these direct links: Spotify: https://open.spotify.com/show/6OqbnDRrfuyHRmkpUSyoHv Itunes: https://podcasts.apple.com/us/podcast/366-key-chapters-in-the-bible/id1493571819 YouTube: Key Chapters of the Bible on YouTube. As always, we are grateful to be included in the "Top 100 Bible Podcasts to Follow" from Feedspot.com. Also for regularly being awarded "Podcast of the Day" from PlayerFM. Special thanks to Joseph McDade for providing our theme music.   

THE CORONATION AND INTELLIGENCE NETWORKS Colleague Charles Spicer. The coronation of George VI in May 1937 became a backdrop for diplomatic maneuvering, culminating in a disastrously overcrowded party at the German embassy organized by the social-climbing Anneliese Ribbentrop. While Nazi sympathizers and high society mingled, the Anglo-German Fellowship was infiltrated by Kim Philby, who was hired to manage publicity while secretly reporting to Soviet intelligence. Simultaneously, realizing the futility of civilizing the Nazis, Conwell-Evans and Christie transitioned into functioning as a "private detective agency" for Vansittart, utilizing their access to gather intelligence that the official services lacked. Despite the social chaos and espionage, German War Minister von Blomberg attended the coronation and was well-received, hinting at alternative diplomatic paths had Ribbentrop not intervened. NUMBER 7 1946 DEFENSE COUNCIL AT THE NUREMBERG TRIAL

OpenAI sprints toward $100 billion funding leveraging ChatGPT app's $3 billion revenue milestone. App growth explodes from enterprise API demand and consumer subscriptions worldwide. This funding chase positions OpenAI to own AI's trillion-dollar infrastructure future.Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.aiAI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferJoin my AI Hustle Community: https://www.skool.com/aihustleSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Professor Matthew Longo. Longo details the geopolitical backdrop of 1989, focusing on Hungarian Prime Minister Miklós Németh. He explains Németh's clash with Romania's Ceaușescu and a pivotal, secret meeting with Gorbachev, where Németh received tacit approval to dismantle the Iron Curtain's physical border defenses. 1960S

THE ACTOR-EMPEROR AND THE SHIFT FROM DIGNITAS TO INTIMACY Colleagues Gaius and Germanicus, Friends of History Debating Society, Londinium, 91 AD. In this session, set against the backdrop of a cold winter in Londinium, Gaius and Germanicus explore the evolution of the imperial persona, drawing sharp parallels between the Roman Emperor Nero and modern American figures Bill Clinton and Donald Trump. Germanicus argues that the essential skill of the modern "emperor" is the capacity to create an intimate emotional connection with the populace, a transformation that began with Teddy Roosevelt's dramatic speeches but was fully realized by Franklin D. Roosevelt's "fireside chats." While Roman emperors like Augustus relied on dignitas, stoicism, and an aura of divinity, the American tradition demands that the leader embody the "passions and authenticity of the people." Donald Trump is identified as the culmination of this trend, possessing an "intense capacity to connect emotionally," which allows him to survive overwhelming opposition, unlike Clinton, whose "genius is fled" in his later years. NUMBER 1 1888

Lance Roberts looks at both sides of the Market Cycle—the bullish liquidity-driven momentum and the bearish fundamental weaknesses. With support and resistance levels tightening around the S&P 500, and the Fed meeting, economic data, and major earnings directly ahead, investors must prepare for a market that could swing in either direction in 2026. 0:00 - INTRO 0:18 - Markets Set up for Santa Claus Rally 5:30 - Expect Sloppy Trading This Week 11:22 - Economic Summit, Elf on a Shelf, & Baylor Dating 14:42 - Market Outlook for 2026 16:36 - The Case for Bullishness 21:29: The Bullish Backdrop 24:13 - The Case for Bearishness 27:52 - Stress in Credit markets 28:36 - The Risk for Lower Returns 29:59 - Investing Strategies for 2026 35:06 - Cash Provides Optionality 38:16 - The Cost of Carrying Margin Debt 41:47 - Disposable Personal Income 44:38 - The Google Example & Margin Debt 46:10 - Margin Call call folly Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=tBXSsrMLmSA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- The latest installment of our new feature, Before the Bell, "Why Bitcoin Is Lagging the S&P," is here: https://www.youtube.com/watch?v=CnOnz8np7ps&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles Mentioned in Today's Show: "Bullish Case Or Bearish Backdrop" https://realinvestmentadvice.com/resources/blog/bullish-case-or-bearish-backdrop/ -------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Watch our previous show, "Roth Conversions, Money Rules & Financial Wellness: What Actually Works?" here: https://www.youtube.com/watch?v=PdFmXFB3sW4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Get more info & commentary: https://realinvestm entadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BitcoinNews #SP500 #MarketUpdate #CryptoMarkets #PreMarket #MarketOutlook2026 #BullMarket #BearMarket #FederalReserve #StockMarketAnalysis

Lance Roberts looks at both sides of the Market Cycle—the bullish liquidity-driven momentum and the bearish fundamental weaknesses. With support and resistance levels tightening around the S&P 500, and the Fed meeting, economic data, and major earnings directly ahead, investors must prepare for a market that could swing in either direction in 2026. 0:00 - INTRO 0:18 - Markets Set up for Santa Claus Rally 5:30 - Expect Sloppy Trading This Week 11:22 - Economic Summit, Elf on a Shelf, & Baylor Dating 14:42 - Market Outlook for 2026 16:36 - The Case for Bullishness 21:29: The Bullish Backdrop 24:13 - The Case for Bearishness 27:52 - Stress in Credit markets 28:36 - The Risk for Lower Returns 29:59 - Investing Strategies for 2026 35:06 - Cash Provides Optionality 38:16 - The Cost of Carrying Margin Debt 41:47 - Disposable Personal Income 44:38 - The Google Example & Margin Debt 46:10 - Margin Call call folly Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=tBXSsrMLmSA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- The latest installment of our new feature, Before the Bell, "Why Bitcoin Is Lagging the S&P," is here: https://www.youtube.com/watch?v=CnOnz8np7ps&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles Mentioned in Today's Show: "Bullish Case Or Bearish Backdrop" https://realinvestmentadvice.com/resources/blog/bullish-case-or-bearish-backdrop/ -------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Watch our previous show, "Roth Conversions, Money Rules & Financial Wellness: What Actually Works?" here: https://www.youtube.com/watch?v=PdFmXFB3sW4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Get more info & commentary: https://realinvestm entadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BitcoinNews #SP500 #MarketUpdate #CryptoMarkets #PreMarket #MarketOutlook2026 #BullMarket #BearMarket #FederalReserve #StockMarketAnalysis

Episode Title: Steady Rain and Distant Thunder Providing a Soothing Backdrop for WorkDescription:In this episode of Thunderstorm: Sleep and Relax in the Rain, immerse yourself in the calming sounds of steady rain paired with distant thunder. Perfect for creating a peaceful atmosphere, these gentle rain sounds help you focus and stay relaxed while working or studying. Let the rhythmic patter of rain and the soft rumble of thunder wash away distractions and bring a sense of calm to your day.Whether you're tackling tasks or simply need a soothing background, this episode offers a natural soundscape that promotes concentration and tranquility. Tune in, breathe deeply, and allow the steady rain and mellow thunder to guide you into a state of calm productivity.DISCLAIMER

Gene Goldman sees a low probability of a Santa Claus rally this year, arguing that “we have a terrible market backdrop” as Bitcoin drives markets lower, the Fed turns hawkish, and inflation persists. He sees “very little room for multiple expansion” and thinks that 2026 returns will only be in the single digits. However, Gene expects AI and technology to remain bullish. Another favored sector is healthcare.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Join these two gen-Xers as they battle high power blowers, bagel thieves, couch shopping, and the pure evil of Titanic's Billy Zane. Special guests:  Sebastian's ongoing house work & Pete's sloppy backdrop make an appearance.  Follow Sebastian: @SebastianComedy Follow Pete: @PeteCorreale To watch the podcast on YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastianYouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Don't forget to follow the podcast for free wherever you're listening or by using this link: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastian⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you like the show, telling a friend about it would be amazing! You can text, email, Tweet, or send this link to a friend: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastian⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For Sebastian's tour dates, go to: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sebastianlive.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For Pete's tour dates, go to: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.petecorreale.com/⁠ Upgrade your denim game with Rag & Bone! Enjoy 25% off sitewide during their biggest sale of the year, November 21st through December 1st (a few exclusions apply). Plus, stack our exclusive code THECAST for even more savings at https://rag-bone.com #ragandbonepod Sign up for your one-dollar-per-month trial and start selling today at https://shopify.com/thecast Learn more about your ad choices. Visit podcastchoices.com/adchoices

2. The Apollo 8 Crew, Cold War Context, and Reliance on the Saturn 5 Booster. Bob Zimmerman introduces the Apollo 8 crew—Commander Frank Borman, Jim Lovell, and rookie William Anders—set against the backdrop of the intense global Cold War in late 1968. Borman was selected for his honesty and dedication to duty, ensuring the mission's success after his role in investigating the Apollo 1 tragedy. Lovell was known as a "space cadet" eager to explore, and he and Borman had proven human endurance in space during Gemini 7. The mission was a high-risk endeavor, utilizing the Saturn 5 rocket, which had only flown twice before, with the second flight experiencing problems. Wernher von Braun's team fixed these issues, and NASA decided to proceed, confident they could demonstrate that free people could achieve success better than the top-down Soviet system. The astronauts' wives accepted the mission despite the widely believed 50/50 chance of return. 1945

It's looking more and more like NASCAR is going to have to settle the suit challenging its charter system, not so much to save face, but to at least have a hand in setting the future direction of its business model. Rod Mullins joins me to discuss the latest in the charter suit, which is playing out against a backdrop of the final race of the 2025 NASCAR Cup Series season, the Championship 4 finale in Phoenix. We break down how the final two drivers earned their way into the C4, and break down the chances of the Final Four – Denny Hamlin, Chase Briscoe, William Byron and Kyle Larson.

Dr. Sam Toney, a retired board-certified psychiatrist, flips sci-fi on its head in Revelation Equation — a novel in which real physics equations drive the plot and science meets storytelling in ways that make you question reality. Learn more: https://revelationequation.com Sam Toney City: Thonotosassa Address: 10072 Main Street Website: https://revelationequation.com

Get ready for male camaraderie, frat culture, and team sports gone wild—because this week on Live, Laugh, Larceny, we're surrounded by bros! Trevin's week starts with a petty mystery straight out of his own phone history, as someone in Kansas City keeps using his number for real estate and house rental applications. Can the true culprit finally be found, or will this housing hustle haunt him forever? Amanda's parenting dilemma hits close to home when she realizes her daughter has mistaken her for a climbing gym and shoulder parrot. It's all about teaching kids boundaries, with the usual mix of deadpan humor and relatable chaos. In Two Truths and a Lie, Trevin goes dark with a game inspired by The Death of Stalin (IFC Films). Taking a spin through modern-day dictatorships, he delivers unbelievable headlines involving Vladimir Putin, Nicolás Maduro, and Kim Jong Un—and challenges listeners to spot the fake authoritarian headline in this nightmare blunt rotation of global leaders. Amanda balances things out with a cozy fall-themed Two Truths and a Lie about pumpkins, pie, and pumpkin-spice trivia. From the world's largest pumpkin pie record to the debate over whether pumpkins are fruit or vegetable, Amanda brings seasonal chaos and a sprinkle of millennial meltdown. Then, for Storytime, Trevin blends dark comedy and social commentary in a story inspired by the upcoming Zach Cregger movie, Weapons. Based on the arrest of Charles Burgess, this satire dives into viral trends, toxic masculinity, and the absurdity of modern internet culture. What happens when an Ohio auto shop owner gets tangled in a Bitcoin knockoff modeled after a green dildo? Add in a 12-year-old girl, the WNBA, and a case of online hysteria—and you've got one unhinged headline that could only happen in 2025. Amanda closes things out by revisiting one of CrimeCon's favorite petty crimes: public urination. She shares a college party story that starts with beer and bad decisions and ends with a truly embarrassing bathroom emergency—because sometimes petty crime hits way too close to home. This week's theme ties it all together: bros everywhere. From frat parties to dictatorships, this episode proves that toxic masculinity and petty behavior go hand in hand—and we're here to laugh about it.

No Kings rallies are set to take over US cities this weekend amid a swirling mix of political hot topics: Hamas hasn't released hostage bodies, which Trump says could make him 'green light' Israel to start bombing again. John Bolton was indicted. Oh, and the government is shut down and some experts say it could become the longest shutdown in history.

Smoke from a downtown Turners Falls fire still hung in the air as Sarah and Mike sat down to record this episode on Friday October 10th. They dig into the politics surrounding a postponed vote on the proposed six-town regional school district and also discuss another nearby regional school district that made the news. Then, after an update on solar regulations in Wendell, Mike debriefs an interesting meeting he had with folks from a locally headquartered media advocacy group.Check out our previous episode on the six-town regionalization proposal for more background on that story.Subscribe to the Montague Reporter at https://montaguereporter.org/subscribe/

No Kings rallies are set to take over US cities this weekend amid a swirling mix of political hot topics: Hamas hasn't released hostage bodies, which Trump says could make him 'green light' Israel to start bombing again. John Bolton was indicted. Oh, and the government is shut down and some experts say it could become the longest shutdown in history.

No Kings rallies are set to take over US cities this weekend amid a swirling mix of political hot topics: Hamas hasn't released hostage bodies, which Trump says could make him 'green light' Israel to start bombing again. John Bolton was indicted. Oh, and the government is shut down and some experts say it could become the longest shutdown in history.

No Kings rallies are set to take over US cities this weekend amid a swirling mix of political hot topics: Hamas hasn't released hostage bodies, which Trump says could make him 'green light' Israel to start bombing again. John Bolton was indicted. Oh, and the government is shut down and some experts say it could become the longest shutdown in history.

No Kings rallies are set to take over US cities this weekend amid a swirling mix of political hot topics: Hamas hasn't released hostage bodies, which Trump says could make him 'green light' Israel to start bombing again. John Bolton was indicted. Oh, and the government is shut down and some experts say it could become the longest shutdown in history.

What does it take to walk 1,100 miles around the coast of Ireland, playing every links course along the way? In this inspiring conversation, bestselling author and golf adventurer Tom Coyne sits down with ModGolf Podcast host Colin Weston to share the incredible stories behind his epic journeys. During this episode you will discover these inspiring takeaways: The Power of an "Unreasonable" Goal: How committing to a seemingly crazy idea - like walking the entire coastline of Ireland to play its links golf courses - can lead to the most profound personal and professional journeys, revealing that the best stories lie just beyond the edge of conventional thinking. Golf is the Backdrop, Not the Whole Story: Why the most compelling narratives in golf aren't about the perfect shot, but about the people you meet, the unexpected hospitality you encounter, and the personal challenges you overcome both on and off the course. From Obsession to Entrepreneurship: How a passion for writing and golf can organically evolve into a successful business, turning hard-won knowledge and authentic experiences into a venture (Coyne Golf) that helps others create their own unforgettable adventures. https://media24.fireside.fm/file/fireside-uploads-2024/images/1/1ea879c1-a4a2-4e10-bea4-e5d8368a3c7a/9WM840o9.jpg Episode Chapters 00:00:00 - Introduction: The One and Only Tom Coyne 00:01:04 - A Random Introduction to "A Course Called Ireland" 00:03:01 - Tom's First Golf Experience and Family Connection 00:06:14 - The Origins of an "Unreasonable" Idea 00:09:46 - Writing as a Job and Overcoming "Writer's Block" 00:13:30 - From Fiction to Nonfiction with "Paper Tiger" 00:17:04 - The Logistics of Walking Ireland 00:23:20 - The Infamous Keen Shoes Story 00:26:30 - The Magic of Ardglass and Irish Hospitality 00:33:00 - Golf as a Backdrop for Human Stories 00:34:47 - The Metaphor of Ireland as a Golf Course 00:36:19 - Cold Turkey: Not Playing Golf for a Year 00:38:23 - A New Quest in "A Course Called Scotland" 00:41:08 - The Difference Between Irish and Scottish Golf Trips 00:43:03 - The Importance of Vulnerability in Storytelling 00:45:12 - From Books to Business: The Birth of Coyne Golf 00:46:58 - Conclusion & Teaser for the YouTube Deep Dive Quotable Moments: "I don't think people generally want to read books about going out and doing very safe and normal things. So this idea of doing unreasonable things certainly led me into the way I approached Ireland. The idea was, I'll play Ireland as one giant golf course. Sometimes the next tee is going to be three days walk away and that's what I'm going to do. I'll do it all on foot." "For me, golf provides the trajectory for a story. But you don't know what the story is until you go out and find it. And it has nothing to do with where that five-iron went. What doesn't bore me are people and why we do the things we do. I've been lucky that golf has been a really good way to find a lot of that." Are you more of a watcher than a listener? Then enjoy our video with Tom Coyne on The ModGolf YouTube channel (https://youtu.be/rB99npxkPn4). Click on this link (https://youtu.be/rB99npxkPn4) or the image below. https://media24.fireside.fm/file/fireside-uploads-2024/images/1/1ea879c1-a4a2-4e10-bea4-e5d8368a3c7a/wuWAEs-L.jpg (https://youtu.be/rB99npxkPn4) Want to connect with Tom? Check out his bio page to make that happen! Todd Keirstead's bio page >> https://modgolf.fireside.fm/guests/tom-coyne Featured Links & Resources: The Coyne Golf website: [https://www.coynegolf.com/] Follow Tom on Instagram: [@coynegolf] https://media24.fireside.fm/file/fireside-uploads-2024/images/1/1ea879c1-a4a2-4e10-bea4-e5d8368a3c7a/vafuSZeI.png (https://www.coynegolf.com/) Join our mission to make golf more innovative, inclusive and fun... and WIN some awesome golf gear! As the creator and host of The ModGolf Podcast and YouTube channel I've been telling golf entrepreneurship and innovation stories since May 2017 and I love the community of ModGolfers that we are building. I'm excited to announce that I just launched our ModGolf Patreon page to bring together our close-knit community of golf-loving people! As my Patron you will get access to exclusive live monthly interactive shows where you can participate, ask-me-anything video events, bonus content, golf product discounts and entry in members-only ModGolf Giveaway contests. I'm offering two monthly membership tiers at $5 and $15 USD, but you can also join for free. Your subscription will ensure that The ModGolf Podcast continues to grow so that I can focus on creating unique and impactful stories that support and celebrate the future of golf. Click to join >> https://patreon.com/Modgolf I look forward to seeing you during an upcoming live show!... Colin https://files.fireside.fm/file/fireside-uploads/images/1/1ea879c1-a4a2-4e10-bea4-e5d8368a3c7a/q_IZwlpO.jpg (https://patreon.com/Modgolf) Special Guest: Tom Coyne - best selling writer and Founder of Coyne Golf.

The 692nd of a series of weekly radio programmes created by :zoviet*france: First broadcast 11 October 2025 by Resonance 104.4 FM and CJMP 90.1 FM Thanks to the artists and sound recordist included here for their fine work. track list 00 Philippe Neau - Intro 01 Corruption - Dib Intro 02 [unknown sound recordist] - Bottles1 03 Ade Hodges - Demons Drunk on her Disinfected Soul 04 Ian Watson - Untitled – 001 05 Some Asian Females Bodybuilders - [untitled – 'Elsje Bollen' track 1] 06 Ainst Char - Stars Rotate 07 Eva-Maria Houben - The Organ Just for Itself 08 Joana Guerra, Maria Do Mar, Romke Kleefstra, Jan Kleefstra - Sliep in bytsje 09 Akira Film Script - Union City Blue ++ Philippe Neau - Outro

The debasement trade is here, and gold and Bitcoin are just getting started.In Episode 4 of Money Moves Fast, Felix Jauvin (host of @ForwardGuidanceBW) breaks down the biggest macro shift in a decade. We cover:• Trump's three-step plan to seize the Fed• The $600B tariff question: stimulus or suicide?• Why gold and Bitcoin move together• How stablecoins are quietly replacing bank accounts• Why value investing doesn't work anymore• How to invest when everything feels overpricedTimestamps:00:00 Intro02:20 Why Asian Markets Are Hyper-Financialized04:40 Trump's 3-Step Fed Takeover Plan06:51 Why Gold & Bitcoin Win Together09:09 Bitcoin's September Bottom Wasn't Random11:34 Fiscal Dominance Is Here (The Fed Can't Stop It)13:55 The Macro Regime That Ruled 10 Years Just Died16:20 Where $6 Trillion Is Hiding Right Now21:00 The $600B Tariff Question: Stimulus or Suicide?28:14 What If Trump Sends Everyone Stimulus Checks30:12 How Tokenization Makes Finance Look Slow32:38 Stablecoins Are Eating Banks (Here's the Math)35:02 Will Fiat Currencies Actually Disappear?37:23 Why Government Shutdowns Boost Markets39:50 Gold vs Bitcoin vs Silver: Which Wins?42:07 How to Invest When Everything Feels Expensive44:27 Why Value Investing Doesn't Work AnymoreWebsite: https://therollup.co/Spotify: https://open.spotify.com/show/1P6ZeYd...Podcast: https://therollup.co/category/podcastFollow us on X: https://www.x.com/therollupcoFollow Rob on X: https://www.x.com/robbie_rollupFollow Andy on X: https://www.x.com/ayyyeandyJoin our TG group: https://t.me/+TsM1CRpWFgk1NGZhThe Rollup Disclosures: https://therollup.co/the-rollup-discl

Anita and Faith Helm's final Season 8 Unfiltered Q&A on the filling of Christ that is beyond food. They diacuss the impact of BackDrop and what's ahead.

In this episode, I dive into the Backdrop Revolution and share 10 powerful reasons why every photographer should explore new digital backdrops. From boosting creativity and cutting costs to elevating your brand and wowing clients, you'll discover how this game-changing tool can transform your headshot photography and open new income streams. If you're ready to take your work to the next level, this one's for you.Seminars:Make Money with AI & Digital BackdropsMasterClasshttps://www.rafalwegiel.com/make-money-ai-backdropsDigital Backdrops:https://www.rafalwegiel.com/digital-backgrounds►Website: http://www.rafalwegiel.com►Instagram: http://instagram.com/rafalwegiel►YouTube: https://www.youtube.com/c/RafalWegiel►Facebook: https://www.facebook.com/rafalwegiel►X: https://x.com/rafalwegiel►Linkedin: https://www.linkedin.com/in/rafalwegiel

What does it mean to sleepwalk in your faith? How do you handle other Christians judging your worship? What is the significance of Ruth the Moabite being in Christ lineage? What generational curse have you experienced? When has God taken you through a transition and asked you to be strong?

Today's episode is a special sample from Soul Game Audiobook now available on Audible.Book: Soul GAME  https://tinyurl.com/yckcvnv9Book: Every Word https://www.soulreno.com/every-wordBook: Why Play https://www.soulreno.com/Why-PlayBook Digital Soul: https://www.soulreno.com/Digital-SoulVideo Course: HOW TO PLAY:  https://www.soulreno.com/How-to-play-life-is-a-gameInstagram: https://www.instagram.com/soulrenovation/

Anita and Faith Helm unfiltered Q&A on topics ranging from why hell talk, what is unbelief, what does it mean to have free will. What is repentance about. Serious topics not for childrens.

Anita and Faith unfiltered Q &A about Hell, topics never thought of from the title's focus. The conversation goes where it goes

God holds the future!Do you wonder what the future holds? The Bible's record of proven correctness, extending over many centuries, validates its claim to predict the future with authority and accuracy.Support the show

Episode: 3243 Hollywood's Heroic Water FX. Today, water effects.

Doubleheader Two episodes being discussed. Questions on demonic warfare, how to hear from GOD, and the church of then and now.

Unfiltered Q&A with Anita L. Helm and Faith Helm. 6 areas discussed the reality of the honor about tithing.

Unfiltered discussion of Genesis Chapter 34 rape, kidnapping , mass murders and mote. This episode is not appropriate for children.

There's an easy way to find out what Facebook knows about you—you just have to ask.In 2020, the social media giant launched an online portal that allows all users to access their historical data and to request specific types of information for download across custom time frames. Want to know how many posts you've made, ever? You can find that. What about every photo you've uploaded? You can find that, too. Or what about every video you've watched, every “recognized” device you've used to log in, every major settings change you made, every time someone tagged you to wish you “Happy birthday,” and every Friend Request you ever received, sent, accepted, or ignored? Yes, all that information is available for you to find, as well.But knowing what Facebook knows about you from Facebook is, if anything, a little stale. You made your own account, you know who your Facebook friends (mostly) are, and you were in control of the keyboard when you sent those comments.What's far more interesting is learning what Facebook knows about you from everywhere else on the web and in the real world.While it may sound preposterous, Facebook actually collects a great deal of information about you even when you're not using Facebook, and even if you don't have the app downloaded on your smartphone. As Geoffrey Fowler, reporter for The Washington Post, wrote when he first started digging into his own data:“Even with Facebook closed on my phone, the social network gets notified when I use the Peet's Coffee app. It knows when I read the website of presidential candidate Pete Buttigieg or view articles from The Atlantic. Facebook knows when I click on my Home Depot shopping cart and when I open the Ring app to answer my video doorbell. It uses all this information from my not-on-Facebook, real-world life to shape the messages I see from businesses and politicians alike.”Today, on the Lock and Code podcast, host David Ruiz takes a look at his own Facebook data to understand what the social media company has been collecting about him from other companies. In his investigation, he sees that his Washington Post article views, the cars added to his online “wishlist,” and his purchases from PlayStation, APC, Freda Salvador, and the paint company Backdrop have all trickled their way into Facebook's database.Tune in today.You can also find us on Apple Podcasts, Spotify, and whatever preferred podcast platform you use.For all our cybersecurity coverage, visit Malwarebytes Labs at malwarebytes.com/blog.Show notes and credits:Intro Music: “Spellbound” by Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 4.0 Licensehttp://creativecommons.org/licenses/by/4.0/Outro Music: “Good God” by Wowa (unminus.com)Listen up—Malwarebytes doesn't just talk cybersecurity, we provide it.Protect yourself from online attacks that threaten your identity, your files, your system, and your financial well-being with our exclusive offer for Malwarebytes Premium for Lock and Code listeners.

A grieving father. A forgotten town. A Western reborn in Cochise County. In this episode, we explore The Return, a 25-minute short film by Peter Reese, filmed entirely on location in southern Arizona. From Mescal Movie Set to Texas Canyon, Reese blends personal loss with frontier storytelling and shares what’s next for John McKenna.Support the show: https://www.myheraldreview.com/site/forms/subscription_services/See omnystudio.com/listener for privacy information.

Andy and Randy break down some of the bigger news and stories going on in the NFL right now.

Disability Series, #4 of 4. The Tuskegee Syphilis Study was an ethically problematic, to say the least, medical research project conducted in Alabama. Officially titled “The Effects of Untreated Syphilis in the Negro Male,” this government-sponsored research project was conducted by the United States Public Health Service in Macon County, Alabama, between 1932 and 1972. For four decades, researchers observed the progression of untreated syphilis in approximately 399 African American men without their informed consent. Many of the men thought they were being treated for “bad blood,” which had a variety of connotations. They were not aware that they were being actively blocked from receiving effective treatment, even after penicillin became the recognized standard of care for syphilis in the 1940s. Rather than viewing the study as an isolated event, we'll see how the Tuskegee study fits into a broader framework of American medical and disability history and racial discrimination.  Select Bibliography Jones, James H. Bad Blood: The Tuskegee Syphilis Experiment. (Simon and Schuster, 1993).  Lederer, Susan. “Experimentation on Human Beings.” OAH Magazine of History, Vol. 19, No. 5, Medicine and History (Sep., 2005), pp. 20-22. Reverby,  Susan Mokotoff. Examining Tuskegee: The Infamous Syphilis Study and Its Legacy. (University of North Carolina Press, 2009).  Sharma, Alankaar. “Diseased Race, Racialized Disease: The Story of the Negro Project of American Social Hygiene Association Against the Backdrop of the Tuskegee Syphilis Experiment.” Journal of African American Studies, Vol. 14, No. 2 (June 2010), pp. 247-262.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andy Constan stops by to discuss today's US macro backdrop. Importantly, this discuss was recorded on 4/24. Since then the narrative around the tax bill has gotten incrementally more stimulative. Do what you will with that information.Bill reached out to Andy after following him for a while on Twitter. Andy appears to use Twitter to educate, inform, and journal thoughts. Hence why he was invited to the show.As for Andy's formal background, his bio reads as follows:Andy Constan graduated with a degree in Bioengineering from the University of Pennsylvania in 1986.Following he spent 35 years investing and trading global equities, spending 17 years at Salomon Brothers.Following he started honing his Macroeconomic Knowledge in 2010 working at Bridgewater Associates and Brevan Howard.Since then he has worked on growing Damped Spring Advisors.We hope you enjoy the conversation.

Jennifer Haigh's latest novel Rabbit Moon opens with a hit and run accident in pre-dawn Shanghai. The victim is a 22-year-old American woman named Lindsey. Her parents immediately fly into Shanghai while Lindsey's sister awaits news from a New England summer camp – and the accident scars an already-fractured family. In today's episode, Haigh speaks with Here & Now's Scott Tong about their impressions of Shanghai, her interest in turning the idea of studying abroad on its head, and how she approached the topic of international adoption.To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookofthedayLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

As market turmoil continues, our global economists give their view on the ramifications of the Trump administration's tariffs, and how central banks across key regions might react.Read more insights from Morgan Stanley. ---- Transcript -----Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's, Global Chief Economist, and today we're going to be talking tariffs and what they mean for the global economy.It's Monday, April 7th at 10am in New York.Jens Eisenschmidt: It's 4pm in Frankfurt. Chetan Ahya: And it's 10pm in Hong Kong. Seth Carpenter: And so, I'm here with our global economists from around the world: Mike Gapen, Chief U.S. Economist, Chetan Ahya, our Chief Asia Economist, and Jens Eisenschmidt, our Chief Europe Economist. So, let's jump into it. Let me go around first and ask each of you, what is the top question that you are getting from investors around the world?Chetan?Chetan Ahya: Tariffs.Seth Carpenter: Jens?Jens Eisenschmidt: Tariffs.Seth Carpenter: Mike?Michael Gapen: Tariffs.Seth Carpenter: All right. Well, that seems clear. Before we get into the likely effects of the tariffs, maybe each of you could just sketch for me where you were before tariffs were announced. Chetan, let me start with you. What was your outlook for the Chinese economy before the latest round of tariff announcements?Chetan Ahya: Well Seth, working with our U.S. public policy team, we were already assuming a 15-percentage point increase on tariffs on imports from China. And China also was going through some domestic challenges in terms of high levels of debt, excess capacities, and deflation. And so, combining both the factors, we were assuming China's growth will slow on Q4 by Q4 basis last year – from 5.4 percent to close to 4 percent this year.Jens, what about Europe? Before these broad-based tariffs, how were you thinking about the European economy?Jens Eisenschmidt: We had penciled in a slight recovery, not really getting us much beyond 1 percent. Backdrop here, still rising real wages. We had some tariffs in here, on steel, aluminum; in cars, much again a bit more of a beefed-up version if you want, of the 18 tariffs – but not much more than that. And then, of course, we had the German fiscal expansion that helped our outlook to sustain this positive growth rates into 2026.Seth Carpenter: Mike, for you. You also had thought that there were going to be some tariffs at some point before this last round of tariffs. Maybe you can tell us what you had in mind before last week's announcements.Michael Gapen: Yeah, Seth. We had a lot of tariffs on China. The effective rate rising to say 35 to 40 percent. But as Jens just mentioned, outside of that, we had some on steel and aluminum, and autos with Europe, but not much beyond that. So, an effective tariff rate for the U.S. that reached maybe 8 to 9 percent.We thought that would gradually weigh on the economy. We had growth at around 1.5 percent this year and 1 percent next year. And the disinflation process stopping – meaning inflation finishes the year at around 2.8 core PCE, roughly where it is now. So, a gradual slowdown from tariff implementation.Seth Carpenter: Alright, so a little bit built in. You knew there was going to be something, but boy, I guess I have to say, judging from market reactions, the world was surprised at the magnitude of things. So, what's changed in your mind? It seems like tariffs have got to push down the outlook for growth and up the out outlook for inflation. Is that about right? And can you sketch for us how this new news is going to affect the outlook?Michael Gapen: Sure. So instead of effective tariff rates of 8 to 9 percent, we're looking at effective tariff rates, maybe as high as 22 percent.Seth Carpenter: Oh, that's a lot.Michael Gapen: Yeah. So more than twice what we were expecting. Obviously, some of that may get negotiated down. Seth Carpenter: And would you say that's the highest tariff rate we've seen in a while?Michael Gapen: At least a century. If we were to a 1.5 percent on growth before, it's pretty easy to revise that down, maybe even a full percentage point, right?So you're, it's a tax on consumption and a tariff rate that high is going to pull down consumer spending. It's also going to lead to even much higher inflation than we were expecting. So rather than 2.8 for core PCE year-on-year, I wouldn't be surprised if we get something even in the high threes or perhaps even low fours.So, it pushes the economy, we would say, at least closer to a recession. If not, you're getting closer to the proverbial coin toss because there are the potential for a lot of indirect effects on business confidence. Do they spend less and hire less? And obviously we're seeing asset markets melt down. I think it's fair to describe it that way. And you could have negative wealth effects on the upper income consumers. So, the direct effects get you very modest growth a little bit above zero. It's the indirect effects that we're worried about.Seth Carpenter: Wow, that's quite a statement. So, a substantial slowdown for the U.S. Flirting with no growth. And then given all the uncertainty, the possibility that the U.S. actually goes into recession, a real possibility there. That feels like a big call.Jens, if the U.S. could be on the verge of recession with uncertainty and all of that, what are you thinking about Europe now? You had talked about Europe before the tariffs growing around 1 percent. That's not that far away from zero. So, what are you thinking about the outlook for Europe once we layer in these additional tariffs? And I guess every bit is important. Do you see retaliatory tariffs coming from the European Union?Jens Eisenschmidt: No, I think there are at least three parts here. I totally agree with that framing. So, first of all, we have the tariffs and then we have some estimates what they might mean, which, just suppose what we have heard last week sticks, would get us already in some countries into recessionary territory; and for the aggregate Euro area, not that far from it. So, we think effects could range between 60 and 120 basis points of less growth. Now that to some extent, incorporates retaliation. And so, the question is how much retaliation we might expect here. This is a key question we get from clients. I'd say we get something; that seems, sure.At the same time, it seems that Europe weighs a response that is taking into account all the constraints that are in the equation. After all the U.S. is an ally also in security concerns. You don't wanna necessarily endanger that good relationship. So that will for sure play a role. And then the U.S. has a services surplus with Europe, so it's also likely to be a response in the space of services regulation, which is not necessarily inflationary on the European side, and not necessarily growth impacting so much.But, you know, be it as it may. This is going to be down from here, for sure. And then the other thing just mentioned by Michael, I mean there is clearly a read across from a slower U.S. growth environment that will also not help growth in the Euro area. So, all being told it could very well mean, if we get the U.S. close to recession, that the Euro area is flirting with recession too.Seth Carpenter: Got it. Chetan Ahya: Seth, can I interrupt you on this one? I just wanted to add the perspective on retaliatory tariffs from China. What we had actually originally billed was that China would take up a retaliatory response, which would be less than be less than proportionate, just like the last time. But considering that China has actually, mashed U.S. reciprocal tariffs, it makes us feel that it's very unlikely that a deal will be done anytime soon.Seth Carpenter: Okay. So then how would you revise your view for what's going on with China?Chetan Ahya: Yeah, so as I mentioned earlier, we had already built in some downside but with these reciprocal tariffs, we see another 50 to 100 [basis points] downside to China's growth, depending upon how strong is the policy stimulus.Seth Carpenter: So, at some point, I suspect we're going to start having a discussion about what it really means to have a global recession, and markets are going to start to look to central banks.So, Mike, let me turn to you. Jay Powell spoke recently. He repeated that he is in no hurry to cut interest rates. Can you talk to me about the challenges that the Fed is facing right now?Michael Gapen: The Fed is faced with this problem where tariffs mean it's missing on both sides of its mandate, where inflation is rising and there's downside risk to the economy.So how do you respond to that?Really what Powell said is it's going to be tough for us to look through this rise in inflation and pre-emptively ease. So, for the moment they're on hold and they're just going to evaluate how the economy responds. If there's no recession, it likely means the Fed's on hold for a very long time. If we get negative job growth, if you will, or job cuts, then the Fed may be moving to ease policy. But right now, Powell doesn't know which one of those is going to materialize first.Seth Carpenter: Alright Mike. So, I understand what you're saying. Inflation going higher, growth going lower. Really awkward position for the Fed, and I think central banks around the world really have to weigh the two sides of these sorts of things, which one's going to dominate…Jens Eisenschmidt: Exactly. Seth, may I jump in here because I think that's a perfect segue to the ECB; which I was thinking a lot about that – just recently coming back from the U.S. – how different the position really is here. So, the ECB currently is on the way to neutral, at least as we have always thought as a good way of framing their way. Inflation is falling to target. Now with all the risks that we have mentioned, there's a clear risk we see. Inflation going below 2 percent, already by mid this year – if oil prices were to stay as low as they are and with the euro appreciation that we have seen.The tariffs scare in terms of the inflationary impact from tariffs, that's much less clear. Now, whether that's really something to worry about simply because what you typically see with these tariffs – it's actually a depreciation of the exchange rate, which we haven't seen. So, we think there is a clear risk, downside risk to our path; at least that we have an anticipation. A quicker rate cutting cycle by the ECB. And potentially if the growth outlook that we have just outlined all these risks really materializes, or threatens is more likely to materialize, then the cuts could also be deeper.Seth Carpenter: That's super tricky as well though, because they're going to have to deal with all the same uncertainty. I will say this brings up to me the Bank of Japan because it was the one major central bank that was going the opposite direction before all of this. They were hiking while the other central banks were cutting.So, Chetan, let me turn to you. Do you think the Bank of Japan's gonna be able to follow through on the additional rate hike that you all had already had in your forecast?Chetan Ahya: Yes Seth. I think Bank of Japan will have a difficult time. Japan is exposed to direct effect of 24 percent reciprocal tariffs. It will see downside from global trade slowdown, which will weigh on its exports and yen appreciation will weigh on its inflation outlook. Hence, unless if U.S. removes tariffs very quickly in the near term, we see the risk that BOJ will pause instead of hiking as we had assumed in our earlier base case.Seth Carpenter: Well, this is a good place to stop. Let me see if I can summarize the conversations we've had so far. Before this latest round of tariffs had been announced, we had thought there'd be some tariffs, and we had looked for a bit of slowdown in the U.S. and in Europe and in China – the three major economies in the world. But these new rounds of tariffs have added a lot to that slowdown pushing the, the global economy right up to the edge of recession. And what that means as well is for central banks, they're left in at least something of a bind. The Bank of Japan though, the one major central bank that had been hiking, boy, there's a really good chance that that rate hike gets derailed.Seth Carpenter: Well, thank you for listening. And if you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or a colleague today.

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