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Episode 1810 - brought to you by our incredible sponsors: True Classic- TrueClassic.com/HARDFACTOR to try them out for yourself. Hydrow- Go to Hydrow.com and use code HARDFACTOR to save up to $450 off your Hydrow Pro Rower! DaftKings- Download the DraftKings Casino app, sign up with code HARDFACTOR, and spin your favorite slots! The Crown is Yours - Gambling problem? Call one eight hundred GAMBLER Lucy- Let's level up your nicotine routine with Lucy. Go to Lucy.co/HARDFACTOR and use promo code (HARDFACTOR) to get 20% off your first order. Must be of age-verified. Better Help - Our listeners get 10% off their first month of online therapy at BetterHelp dot com slash HARDFACTOR Timestamps: 00:00:00 Timestamps 00:01:30 Join our Discord to get in on Pat's new WEEKLY NFL PARLAY system that is sure to hit this year patreon.com/hardfactor 00:06:55 ICE & The National Guard are invading Chicago, and things are getting nuts 00:19:55 Trump and the Canadian Prime Minister are looking awfully chummy these days 00:24:00 Marineland animal park in Ontario is threatening to murder its THIRTY Beluga Whales if the Government doesn't step in to help save them 00:31:30 Black Swan gets evicted from an English pond after becoming too aggressive with the native White Swans 00:39:20 The Pope has blessed a giant block of ice to help the Earth's environment 00:41:15 KY Man puts up spooky Halloween decorations, but they were actually just threats towards local officials Thank you for listening!! If you're still reading, join our community at patreon.com/hardfactor to get access to bonus podcasts, discord chat, and much more... but Most importantly: HAGFD!! Learn more about your ad choices. Visit megaphone.fm/adchoices
Making Billions: The Private Equity Podcast for Startup Founders and Venture Capital Investors
Send us a text"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co"In this episode, Ryan Miller and renowned venture capitalist Jeremy Kranz explore the future of global investing and fund management. They reveal how emerging markets, particularly China, have outpaced Silicon Valley in real-world AI adoption and commercialization. Jeremy argues that a series of "Black Swans"—like the tokenization of capital markets and advancements in quantum computing—are poised to reshape the financial landscape and create trillion-dollar opportunities hiding in plain sight.This is a must-watch for startup founders, private equity investors, and anyone interested in the future of technology trends and business leadership. Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: https://making-billions.com/[THE GUEST]: Jeremy Kranz created the Bridge Forum and now Sentinel Labs, to assist US startups seeking to go global. With over 25 years of venture investing globally and more than 18 venture investments exited via IPO, founded platforms to connect Silicon Valley to international markets in digital assets & AI he is an expert in supply chain optimization and coined the term "interoperable commerce". [THE HOST]: Ryan Miller is an Angel investorSupport the showDISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening or viewing our episodes, you understand that no information contained in the episodes should be construed as legal or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax, or other licensed person in the recipient's state, country, or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered a solicitation for investment in any way. All views expressed in any way by guests are their own opinions and do not necessarily reflect the opinions of the show or its host(s). The host and/or its guests may own some of the assets discussed in this or other episodes, including compensation for advertisements, sponsorships, and/or endorsements. This show is for entertainment purposes only and should not be used as financial, tax, legal, or any advice whatsoever.
Effective June 2025, I did a major improved revision on the sound quality for all my WarNotes episodes retroactively thanks to the technology at Podsworth. The banal and humble generator set is a secret to destroying US combat power. I wanted to flesh out a thought experiment on the vulnerabilities of the US war machine in its expeditionary mode in future wars of choice if a critical node of its operations for US efficacy were specifically targeted, in this case, generator sets;. these range from small portable units to large, trailer-mounted systems, including the Tactical Quiet Generator (TQG) and the Advanced Medium Mobile Power Source (AMMPS). In the future near-peer and peer fight, salvo competition will be the preeminent means by which one country will kinetically overwhelm the other in a fight. I discuss the ways in which the West is in an existential hazard of being woefully under-prepared to meet the threat if Western forces go toe to toe with regional hegemons in the East or West. The US is NOT prepared for the war of leakers in which the inadequate missile defense systems and strategy now deployed will be overwhelmed if it enters a war of choice with China or Russia. It isn't simply the peer competitors but the smaller players like North Korea and Yemen are demonstrating that the US and its allies can't cash the checks they boast about. Once again, the US should stand down, reassess, re-calibrate and stop thinking defense is a four letter word. References: Millennium Challenge: The Real Story of a Corrupted Military Exercise and its Legacy STP 9-91D13-SM-TG: TACTICAL POWER GENERATION SPECIALIST MOS 91D (2018) Winning The Salvo Competition: Rebalancing America's Air And Missile Defenses The Russian Reconnaissance Fire Complex Comes of Age Space Based Interceptor Sizing Methodology Bulletin of the Atomic Scientists Books: Nassim Taleb Incerto: Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile, Skin in the Game Mark Gunzinger & Bryan Clark Winning the Salvo Competition: Rebalancing America's Air and Missile Defense Christian Brose The Kill Chain: Defending America in the Future of High-Tech Warfare My Substack Email at cgpodcast@pm.me
Rock and Roll That DESERVES to Be Heard – This Week on RadioBypassIt's time for another hour of high-voltage rock and roll that DESERVES to be heard! This week, we're turning up the volume with brand-new music and a killer lineup of legendary artists and rising forces keeping the spirit of rock alive.Brand New MusicWe've got fresh tracks from Miljenko Matijevic of Steelheart teaming up with Jeff Keith of Tesla — two powerhouse voices joining forces to remind us what true rock vocals sound like. You'll also hear brand-new cuts from Mott, Frank Hannon, Black Swan, Sons Of Silver, Ten Eighty Trees, and Bloody Dice — all delivering that raw, unfiltered energy that's been missing from the mainstream.Classic & Timeless RockersOf course, it wouldn't be RadioBypass without some unforgettable classics. We're keeping the adrenaline flowing with killer tracks from:Steelheart – Melodic power and vocal fire.Tesla – Blue-collar rock at its finest.Foghat – Still driving hard and fast!Yngwie Malmsteen – Guitar wizardry that defies gravity.Marilyn Manson – Dark edge and attitude.Smash Alley – Chicago's own bringing the heat.Keep Rock AliveEvery week, we shine a light on rock artists—new and old—who carry the torch of real, passionate, guitar-driven music. Whether it's an emerging band tearing up the underground or legends who never stopped believing, this show is your refuge from the overproduced noise of today's radio.So grab your favorite drink, crank the speakers, and let's ride this wave of riffs, melody, and pure emotion.Listen now at RadioBypass.com or wherever you stream your podcasts — because Rock and Roll will never die.Songlist:Steelheart - SteelheartTesla - Yesterdaze GoneMilijenko Matijevic(Steelheart) with Jeff Keith(Tesla) - I Just Want To Make Love To YouFoghat - Somebody's Been Sleeping In My BedMott - Best Is Yet To ComeYngwie Malmsteen - Don't Let It EndMarilyn Manson - Threats Of RomanceFrank Hannon - San FranciscoBlack Swan - The Fire And The FlameSons Of Silver - Hold TightTen Eighty Trees - Don't QuitBloody Dice - Face The TruthSmash Alley - Should've Seen It Coming
Florida Woman accused of stealing motorized Publix shopping cart to drive herself to appointment, Black Swan nicknamed 'Mr. Terminator' is evicted from town after trying to drown local birds, Woman pays $700 for 60,000 mile tune-up in hopes of fixing 'crackling sound'...then she discovers the source
I'm back with another 3 artists for you to listen to. The artists and songs featured in this episode are: Black Swan – The Fire and the Flame Risen Atlantis – Legacy Divine The Switch– Young Gun If you enjoy any of the songs played in these shows, please support the artists by buying their music and sharing their online links. You can also liven up your day by having our Soundcheck 'em out YouTube playlist turned up loud. Thanks for listening and please send any written comments and thoughts HERE.
On this solo episode, I share my favorite soundtrack moments in horror (which is separate from my favorite horror movie original scores, which will be its own episode). Movies mentioned include: Dawn of the Dead, Final Destination 3, Shaun of the Dead, Us, American Psycho, Silence of the Lambs, X, Zombieland, Cocaine Bear, Scream, The Strangers: Prey at Night, Urban Legend, Beetlejuice, The Autopsy of Jane Doe, Insidious, The Purge: Election Year, Final Destination: Bloodlines, Together, Black Swan, and American Horror Story: Coven. Tangents include: books about the monstrous feminine, my cats, hanging out with Ripley, headphones, and bands.
Darren Aronofsky is best known as a writer/director of provocative films like Black Swan, Mother!, and Requiem for a Dream. Movies that are hard to watch and harder to forget. Caught Stealing is...
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society. In this episode, Justin interviews James Swanke, Lecturer in Risk and Insurance at the University of Wisconsin-Madison's Wisconsin School of Business. He currently serves as Director of the Risk Management and Insurance MBA program. Justin and Jim talk about his 42 years of experience in Risk Consulting with Willis Towers Watson, and his specialties there, particularly with captives. They discuss the University of Wisconsin-Madison Risk Management and Insurance MBA program, what the students learn, and the competitions they have won in the last year, and they look forward to winning this year. Also, Jim tells of disc jockeying in college, from Classic Rock to Polka. Listen to learn about captive design, how to prepare for emerging trends, and who wrote the best music of the '70s. Key Takeaways: [:01] About RIMS and RIMScast. [:17] About this episode of RIMScast. This is our special International Podcast Day episode because it's released on September 30th. We will be joined by Jim Swanke. He's a lecturer in the Risk Management Program of the University of Wisconsin. [:46] Jim started his career in broadcasting, and he still has the voice. We've got a lot to talk about today! [:54] RIMS-CRMP Prep Workshops! The next RIMS CRMP Prep Workshops will be held on October 29th and 30th and led by John Button. [1:06] The next RIMS-CRMP-FED Virtual Workshop will be held on November 11th and 12th and led by Joseph Mayo. Links to these courses can be found through the Certifications page of RIMS.org and through this episode's show notes. [1:23] RIMS Virtual Workshops! RIMS has launched a new course, “Intro to ERM for Senior Leaders.” It will be held again on November 4th and 5th and will be led by Elise Farnham. [1:39] On November 11th and 12th, Chris Hansen will lead “Fundamentals of Insurance”. It features everything you've always wanted to know about insurance but were afraid to ask. Fear not; ask Chris Hansen! RIMS members always enjoy deep discounts on virtual workshops! [1:58] The full schedule of virtual workshops can be found on the RIMS.org/education and RIMS.org/education/online-learning pages. A link is also in this episode's notes. [2:09] Several RIMS Webinars are being hosted this Fall. On October 9th, Global Risk Consultants returns to deliver “Natural Hazards: A Data-Driven Guide to Improving Resilience and Risk Financing Outcomes”. [2:22] On October 16th, Zurich returns to deliver “Jury Dynamics: How Juries Shape Today's Legal Landscape”. On October 30th, Swiss Re will present “Parametric Insurance: Providing Financial Certainty in Uncertain Times”. [2:39] On November 6th, HUB will present “Geopolitical Whiplash — Building Resilient Global Risk Programs in an Unstable World”. Register at RIMS.org/Webinars. [2:51] We're very excited that today is International Podcast Day! Before we celebrate, I wanted to take a moment to acknowledge and mourn the passing of Todd Cochrane. Todd was a podcast pioneer. [3:06] I've linked in this episode's show notes to a wonderful obituary from Podnews®, about his career, starting with his time in the Navy up to launching his own podcast, and writing Podcasting: The Do It Yourself Guide, from Wiley Publishing in 2005. [3:25] Over the last couple of months, I've had the pleasure of communicating with Todd over email for the Podcast Awards, and it was only last week that I saw the unfortunate news of his passing, which occurred suddenly on September 8th. [3:30] Our condolences go out to his family, friends, and the greater podcasting industry. [3:47] On with the show! This is our special International Podcast Day episode, and I am delighted to be joined by James Swanke, the Director of the Risk Management and Insurance MBA Program at the Wisconsin School of Business at the University of Wisconsin-Madison. [4:06] Jim spent four decades at WTW, specializing in financial and strategic planning issues, as well as captive insurance company design. [4:18] Jim was recently quoted in a new professional report, available on the RIMS Risk Knowledge page, and sponsored by LineSlip Solutions, titled “The Future of Captive Insurance: Governance, Technology, and Performance Optimization.” [4:32] Jim got his start at the University of Wisconsin in broadcasting. We're going to talk about his career path and how being a disc jockey led him to where he is today, educating the next generation of risk professionals. Let's get to it! [4:50] Interview! Jim Swanke, welcome to RIMScast! [5:38] When Jim was in high school, he competed in forensics, in extemporaneous speaking. He did very well. He did well at the University of Wisconsin-Madison, and it got put in the newspaper. WLDY, in Ladysmith, Wisconsin, saw it in the newspaper and contacted him. [6:03] They were looking for a radio jock to “spin vinyls,” do some DJing, and read sports and news. That job helped Jim get into the University of Wisconsin-Madison. [6:21] Jim studied actuarial science and risk management. He went into the Bachelor's program, the MBA program, and the graduate program in risk management, insurance, and corporate finance. [6:40] Jim was hired by the Wyatt Company and did lots of feasibility studies. After 42 years at Willis Towers Watson, he retired. Now he teaches at the University of Wisconsin-Madison. [6:57] Broadcasting set Jim on his path. He says that everything about what we do in the captive and risk management area is about communication. If you're not communicating, listening, helping out, and building stuff, you're not going to be a success. [7:28] When Jim was a DJ at WLDY, they played different kinds of music. On Sundays, he played polka music. On Saturdays, it was country western, and Monday through Friday, it was rock music. Rock music is what he enjoys. At the top of every hour, he did the news and weather. [8:13] Justin recalls his own career. He was just waiting for podcasting to be invented, then he was able to make it all work out. [8:31] Jim worked with captives at Willis Towers Watson. He is quoted in a new LineSlip paper, “The Future of Captive Insurance: Governance, Technology, and Performance Optimization.” Justin saw his name there and thought it would be good to have him on RIMScast. [8:53] Jim described captives as a lifeline during extreme market conditions, comparing today's hard market to the turbulence of the 1980s. Jim tells what makes captives effective under hard conditions. Captives allow organizations to control their own destiny. [9:20] When you're in a hard market, having a captive allows you to take premiums that you normally pay to a commercial insurance carrier and put them into your captive insurance company. A captive is a subsidiary of the captive owner. [9:41] Most of the Fortune 500 companies in the United States have a captive. It allows them to arbitrage whatever's going on in the insurance marketplace. When we're having a difficult market, they put more of their premiums into the captive and rely on the captive more. [9:58] When the market softens, carriers may provide insurance at premiums that are lower than the expected losses. Organizations will buy commercial insurance all the time when the premiums are less than their projected losses. [10:14] Depending on where it is in the market, a captive has a role in an organization's risk management program. [10:27] Jim says a lot of organizations have looked to captives since 2020. We were in the midst of the pandemic, with all kinds of economic hardship. The insurance industry was in despair, as well. A lot of insurance companies cut back on the limits they were willing to offer. [10:49] Insurance companies put additional exclusions onto their insurance, so organizations had to rely on their own sophisticated ways of financing their losses. If they hadn't set up a captive, they set up a captive. If they had a captive in the past, they re-engineered it to do more. [11:15] They also used their captives to access the reinsurance marketplace. Reinsurance is insurance for insurance companies. A captive can be used as a platform to access reinsurers. [11:37] Even in difficult markets, having reinsurers involved created more competition, provided more limits, and there was more flexibility in the coverage terms. [11:48] That was when the pandemic was going on, which triggered the hardening of the market and the lack of availability of insurance. Organizations with captives relied on them and did more. Organizations without captives had captive feasibility studies done and formed captives. [12:09] Jim says the CEO of a captive should be a senior person who will monitor what's going on, fairly senior in the organization. It's not a full-time position. It takes three or four hours a month, plus board meetings. [12:46] A captive is required to have a captive manager, who is an accountant. They keep the books and interface for the captive with the regulator. The President or CEO of the captive relies on the captive manager to do a lot of the daily work. [13:09] Jim says you need a senior person involved so people take the captive seriously. The senior person is going to be the driver in reducing the severity of loss through loss prevention and loss reduction. Having a senior person is so important to the success of the captive. [13:40] There are lots of considerations when you're looking to make changes to your captive. Changes could include adding emerging types of risks, like cyber risk. If you're a hospital, a lot of medical malpractice captives have been hugely successful and have grown surplus. [14:08] Healthcare institutions are passing on some of their capitated risk exposures into their captives because they've done quite well with their medical malpractice. These risks are not correlated with each other, so there is a diversification benefit. [14:22] As you look to make these changes, you need to look at increasing risk assumptions, different attachment points on reinsurance, and changing your investment policy. You have lots of levers, and if you make changes, you need to analyze what the impact will be on your captive. [14:52] Jim talks about leaning into technology. Before 9/11, we didn't have the sophisticated software we've created in the last few years. [15:06] To look at covering all the possibilities and changing your captives, from adding new coverages to reinsurance reattachment points, was a monumental amount of actuarial work to figure out how to optimize your captive. [15:19] Recently developed software looks at all the possibilities in terms of changing your captive to optimize what you're doing. 20 years ago, Jim would spend months doing the actuarial work, working with an investment bank and charging them heavy fees. [15:39] Now, with new software, what took Jim months and months to do can be done in a matter of two to three days. The productivity today, in terms of optimizing your captive, is far greater than it was 20 years ago, because of the software that has been developed. [15:55] Jim likes that the software looks at all the risks and how these risks interact with one another. Looking at risks in a captive holistically is very important because many of these risks are hardly correlated with one another. [16:15] Looking at risks holistically, you can figure out the diversification benefit of having all of these risks within your captive, which has a major impact on the amount of economic capital that your captive will need to maintain. This software has been a game-changer. [16:34] RIMS Events! On October 1st through the 3rd, the RIMS Western Regional Conference will be held in North San Jose at the Santa Clara Marriott. The agenda is live. It looks fantastic! Visit RIMSWesternRegional.com and register today! [16:55] On November 17th and 18th, join us in Seattle, Washington, for the RIMS ERM Conference 2025. The agenda is live. Check out Episode 357 for Justin's dialogue with ERM Conference Keynote Presenter Dan Chuparkoff on AI and the future of risk. [17:14] Visit the Events page of RIMS.org to register. [17:17] RISKWORLD 2026 will be in Philadelphia, Pennsylvania, from May 3rd through May 6th. RIMS members can now lock in the 2025 rate for a full conference pass to RISKWORLD 2026 when you register by September 30th! [17:32] This also lets you enjoy earlier access to the RISKWORLD hotel block. Register by September 30th, and you will also be entered to win a $500 raffle! Do not miss out on this chance to plan and score some of these extra perks! [17:46] The members-only registration link is on this episode's show notes. If you are not yet a member, this is the time to join us! Visit RIMS.org/Membership and build your network with us here at RIMS! [17:56] If you are listening to RIMScast on our broadcast day, that means today is September 30th. It is last call for registration at the Earlybird rate! [18:08] In the spirit of it being September 30th, which is International Podcast Day, let's return to our interview with Jim Swanke! [18:22] Jim is the Director of the Risk Management and Insurance MBA at the University of Wisconsin-Madison. The curriculum includes technology, AI, and automation. In his classes, Jim is using the new software he discussed earlier. [18:46] Jim taught a class the day before on the principles of risk management. He talked about how risks are interrelated with each other and how you need to analyze them holistically, figuring out how they are correlated, not in siloes. [19:13] The holistic view will give you the best answer in terms of the economic capital that will be required to put into your captive. If you're analyzing risks silo by silo for each risk, that will lead you to having more economic capital in your captive than you need. [19:35] Jim has learned, in 42 years of consulting, that the CFOs in these organizations don't want to trap cash in their captives. Teaching this software to this new generation of students, they will be able to step into the roles of captive managers that the industry will need. [20:07] We're at the tip of the iceberg with AI. We're still learning in Academia what the power of AI is going to be. Jim foresees AI being very important in handling claims and in underwriting. [20:30] AI will allow commercial insurance companies to have a better way of doing their pricing and making decisions on whether or not risks should be accepted. It will also be beneficial to captives. [20:43] Jim thinks AI will advance the technology far ahead. We're just beginning to touch on some of the advantages within the insurance industry and within captives. [21:05] Jim started teaching in 2011. When University of Wisconsin-Madison Professor Dan Anderson retired, Jim was chosen to teach a class on sustainability that was started by Professor Anderson. He has taught it since 2011. [21:41] At the time, some students did not think anything was going on with climate change. A couple of students stood up in class and said all of this was just made up. It was a fantasy. [22:03] Today, when Jim goes into class, students are there a half-hour early and stay late. They are very connected and working together to figure out how to reduce CO2 emissions to slow down the heating of the planet and the extreme weather events that are coming more often. [22:24] The class has evolved over the years, and the students are more engaged than they ever have been. [22:33] The students from the University of Wisconsin-Madison were the winners of the Spencer-RIMS Risk Management Challenge at RISKWORLD 2025 in Chicago. Jim knows all of those students and had a couple of them in his class yesterday. [23:04] The students won with the Huntington, West Virginia case study, a six-month project. Huntington is on the Ohio River, and with extreme weather events, flooding has become a big issue in that community. They competed with students around the world to solve the issue. [23:49] Each school's team came up with things that could be done and conducted an analysis on what they thought was the best way of handling it. The University of Wisconsin-Madison's team focused on resiliency with levees and dikes to hold back the flooding. [24:27] The four Wisconsin students presented their paper and won, out of 61 schools competing. The University of Wisconsin-Madison received $10K. The second-place university, DePaul, received $7.5K, and the third-place school, IIRM Hyderabad (past year winner), got $5K. [25:04] The University of Wisconsin-Madison team entered two other contests last year and won them both. The CICA Captive competition involved case studies around Kaneka captives. It required an essay and a PowerPoint deck. [25:52] The MBA students entered the A.M. Best competition for insurance solutions to a global issue. The students used a combination of parametric and indemnity triggers to provide insurance to the disadvantaged in the Caribbean and Latin America. [26:23] If there was hurricane damage, it would trigger a parametric to allow an amount of money to be paid immediately to these disadvantaged families. Then there would be the indemnity insurance that would look at the actual losses and true them up to the loss amount. [26:49] It involved the combination of parametrics and conventional indemnity insurance, which was noteworthy and probably pushed the team over the top. [27:11] The professor who was the advisor in the Spencer Challenge is Carl Barlett. Carl is an attorney by training, and he has the energy to work with bachelor's students. He's graduated hundreds of people out of his program over the last four or five years. [27:59] The University has Career Fairs where 60 or 70 companies will come to meet with students. That's a credit to Carl. Not a lot of companies will come to a university to meet with students. Because of the program he put together, lots of organizations want to hire students. [28:21] The University of Wisconsin-Madison business school is typically ranked number 1. [28:31] A Final Break! The Spencer Educational Foundation's goal to help build a talent pipeline of risk management and insurance professionals is achieved, in part, by its collaboration with risk management and insurance educators across the U.S. and Canada. [28:50] Since 1999, Spencer has awarded over $2.9 million to create more than 570 Risk Management Internships. The Internship Grants application process is now open through October 15th, 2025. [29:06] To be eligible, risk managers must be based in the U.S., Canada, or Bermuda. A link to the Internship Grants page is in this episode's show notes. You can always visit SpencerEd.org, as well. [29:19] Let's Get Back to Our Interview with Jim Swanke of the University of Wisconsin-Madison! [29:46] Jim tells his students that we don't know today what the emerging risks are going to be. What we need to do is design our risk management program and keep our eyes and ears open to what is going to happen next. [30:04] Jim cites The Black Swan, by Nassim Nicholas Taleb. It gets into what we need to do as people of risk management and societies to try to identify the emerging risks that will impact us going forward. [30:21] In risk management, we look at the past to try to project what's going to happen in the future. We were caught by the pandemic. Very little business interruption insurance was offered. If we had been forward-thinking, we would have thought about coverages for the emerging risks. [31:19] An emerging risk after 9/11 was that insurance companies put exclusions on their insurance policies, excluding terrorism. The Federal Government passed the Terrorism Risk Insurance Act (TRIA) and offered it as a backstop to insurance companies. [31:55] Anybody with a captive could access that reinsurance through the U.S. Treasury, using their captive insurance company. [32:23] Jim sees more employee benefits going into captives. The advantages you have in the P&C area are also in place for employee benefits. Organizations with large workers' compensation self-insurance programs are putting excess workers' compensation into captives. [32:57] Jim says you need to be nimble and on your toes. Emerging risks are going to come out over the next 10 to 15 or 20 years. Keep your eyes and ears open so when they emerge, you can deal with them to reduce the frequency and severity of loss and see how to finance them. [33:19] Jim highly recommends reading The Black Swan. It's a good way to begin to think about how you should think about emerging risks. [33:42] Jim says school is going really well. One thing he noticed this year is the diverse nature of his students. There are more disciplines within the risk management area that people are interested in. [33:56] In class recently, Jim had a group that was in the investment banking area, a group that was in HR, and a couple of students from China. There was a broad diversity in the class. [34:16] It enriches the conversation to have people coming from different places with different backgrounds and different educational experiences. It shows the power of having diversity in the classroom. It's exciting. [34:32] The class will write papers on Enterprise Risk Management and talk about captives, and more. They'll compete in the CICA Captive Competition again, to maintain their number one rating there! They're off to a great start! It's nice to see students so highly energized! [34:53] Jim says the future is bright with the students graduating from the Wisconsin School of Business at the University of Wisconsin-Madison. [35:22] Justin and others have liked Jim's broadcasting voice. Jim thanks Justin for commenting on it. [35:55] Jim's time as a DJ was 50 years ago. He recalls two or three instances of hot mikes, when some of the FCC's seven deadly words may have been spoken. He says nobody wants that, but it was a real learning experience. [36:29] Jim recalls when the studio tower was hit by lightning. Jim was alone in the radio station when it happened. Lightning bolts were flying around the building after the tower got hit. The station went off the air, and Jim had to figure out a way to put it back on the air. [36:58] Jim highly recommends to young people, if you get an opportunity to get involved with radio or TV, give it a shot, because it's a lot of fun! Justin ties it to podcasting and video blogging. [37:42] Jim likes all the music of 1976 and didn't have a favorite album. He likes Deep Purple and Bob Seger. He says there's no better songwriter than Bob Seger. There was a diversity of good music going out at that time. It was a wonderful time to be working in a radio station. [38:47] Justin is a father of two young people under 12 who like to listen to classic rock. “Dancing in the Moonlight,” by King Harvest, is a greatest hit in the family. They love Van Morrison. [39:56] On the subject of podcasting, Jim thinks there is an opportunity to develop content that helps the everyday American with their personal insurances, like homeowners, auto, health, life, and how they buy their insurances. [40:45] In class recently, the MBA students, the brightest and best, designing plans for New York investment banks and worldwide financial institutions, told Jim that they had questions about what to buy in auto policies and homeowners policies. [41:07] Jim states that an insurance podcast for the everyday American is something the industry needs to be doing. Justin suggests that members of the global RIMScast audience could pick up the baton and get to work! [41:27] Maybe it becomes part of the coursework for a class like Jim's. It could be part of a challenge, like the Spencer-RIMS Risk Management Challenge. [41:48] Jim says being able to talk about this with graduate students gives them some familiarity with what risk is, in terms of the instability of results. They can relate to it because they need to buy an auto policy or a homeowners policy. [42:03] While these coverages don't match up perfectly with what's going on in the commercial insurance marketplace, learning about them gives students a sense of what insurance is about, what risk management is about, and how to reduce the frequency and severity of losses. [42:22] Jim, it has been such a pleasure to speak with you and to pick your brain on risk management education, broadcasting, and music! Thank you so much for joining us here on RIMScast! [42:33] Good luck to you and your students at the University of Wisconsin-Madison, as you look to the 2026 competitions. I can only imagine they're going to do great things! [42:58] Special thanks again to Jim Swanke for joining us here on RIMScast! For more information, check out the links in this episode's show notes. [43:06] Remember to check out “The Future of Captive Insurance: Governance, Technology, and Performance Optimization”, a Professional Report sponsored by LineSlip. It is available through the Risk Knowledge Page of RIMS.org. That link is also in this episode's show notes. [43:22] The paper features a lot of Jim's fascinating perspective and insights on captives. [43:28] Plug Time! You can sponsor a RIMScast episode for this, our weekly show, or a dedicated episode. Links to sponsored episodes are in the show notes. [43:56] RIMScast has a global audience of risk and insurance professionals, legal professionals, students, business leaders, C-Suite executives, and more. Let's collaborate and help you reach them! Contact pd@rims.org for more information. [44:14] Become a RIMS member and get access to the tools, thought leadership, and network you need to succeed. Visit RIMS.org/membership or email membershipdept@RIMS.org for more information. [44:33] Risk Knowledge is the RIMS searchable content library that provides relevant information for today's risk professionals. Materials include RIMS executive reports, survey findings, contributed articles, industry research, benchmarking data, and more. [44:48] For the best reporting on the profession of risk management, read Risk Management Magazine at RMMagazine.com. It is written and published by the best minds in risk management. [45:02] Justin Smulison is the Business Content Manager at RIMS. Please remember to subscribe to RIMScast on your favorite podcasting app. You can email us at Content@RIMS.org. [45:15] Practice good risk management, stay safe, and thank you again for your continuous support! Links: RIMS ERM Conference 2025 — Nov. 17‒18 Spencer Internship Program — Registration Open Through Oct. 15. RIMS Western Regional — Oct 1‒3 | Bay Area, California | Registration open! RISKWORLD 2026 — Members-only early registration through Sept 30! — Last Call! RIMS-Certified Risk Management Professional (RIMS-CRMP) The Strategic and Enterprise Risk Center RIMS-CRO Certificate in Advanced Enterprise Risk Management — Featuring Instructor James Lam! Next bi-weekly course begins Oct 9. RIMS Diversity Equity Inclusion Council RISK PAC | RIMS Advocacy | RIMS Legislative Summit SAVE THE DATE — March 18‒19, 2026 RIMS Risk Management magazine | Contribute RIMS Now “The Future of Captive Insurance: Governance, Technology, and Performance Optimization” — Professional Report, Sponsored by LineSlip | Featuring insight from James Swanke University of Wisconsin-Madison Wins 2025 Spencer-RIMS Risk Management Challenge Internationalpodcastday.com Obituary for Podcasting Trailblazer Todd Cochrane RIMS Webinars: RIMS.org/Webinars “Natural Hazards: A Data-Driven Guide to Improving Resilience and Risk Financing Outcomes” | Oct. 9 | Sponsored by Global Risk Consultants “Jury Dynamics: How Juries Shape Today's Legal Landscape” | Oct. 16, 2025 | Sponsored by Zurich “Parametric Insurance: Providing Financial Certainty in Uncertain Times” | Oct. 30, 2025 | Sponsored by Swiss Re “Geopolitical Whiplash — Building Resilient Global Risk Programs in an Unstable World” | Nov. 6 | Sponsored by HUB Upcoming RIMS-CRMP Prep Virtual Workshops: RIMS-CRMP Virtual Exam Prep — Oct. 29‒30, 2025 RIMS-CRMP-FED Exam Prep Virtual Workshop — November 11‒12 Full RIMS-CRMP Prep Course Schedule Risk Appetite Management | Oct 22‒23 | Instructor: Ken Baker Intro to ERM for Senior Leaders | Nov. 4‒5 | Instructor: Elise Farnham Fundamentals of Insurance | Nov. 11‒12 | Instructor: Chris Hansen Leveraging Data and Analytics for Continuous Risk Management (Part I) | Dec 4. See the full calendar of RIMS Virtual Workshops RIMS-CRMP Prep Workshops Related RIMScast Episodes about Education, Risk Talent, and Captives: “Risk Management Momentum with Lockton U.S. President Tim Ryan” “RIMS 2025 Risk Manager of the Year, Jennifer Pack” Sponsored RIMScast Episodes: “The New Reality of Risk Engineering: From Code Compliance to Resilience” | Sponsored by AXA XL (New!) “Change Management: AI's Role in Loss Control and Property Insurance” | Sponsored by Global Risk Consultants, a TÜV SÜD Company “Demystifying Multinational Fronting Insurance Programs” | Sponsored by Zurich “Understanding Third-Party Litigation Funding” | Sponsored by Zurich “What Risk Managers Can Learn From School Shootings” | Sponsored by Merrill Herzog “Simplifying the Challenges of OSHA Recordkeeping” | Sponsored by Medcor “Risk Management in a Changing World: A Deep Dive into AXA's 2024 Future Risks Report” | Sponsored by AXA XL “How Insurance Builds Resilience Against An Active Assailant Attack” | Sponsored by Merrill Herzog “Third-Party and Cyber Risk Management Tips” | Sponsored by Alliant “RMIS Innovation with Archer” | Sponsored by Archer “Navigating Commercial Property Risks with Captives” | Sponsored by Zurich “Breaking Down Silos: AXA XL's New Approach to Casualty Insurance” | Sponsored by AXA XL “Weathering Today's Property Claims Management Challenges” | Sponsored by AXA XL “Storm Prep 2024: The Growing Impact of Convective Storms and Hail” | Sponsored by Global Risk Consultants, a TÜV SÜD Company “Partnering Against Cyberrisk” | Sponsored by AXA XL “Harnessing the Power of Data and Analytics for Effective Risk Management” | Sponsored by Marsh “Accident Prevention — The Winning Formula For Construction and Insurance” | Sponsored by Otoos “Platinum Protection: Underwriting and Risk Engineering's Role in Protecting Commercial Properties” | Sponsored by AXA XL “Elevating RMIS — The Archer Way” | Sponsored by Archer RIMS Publications, Content, and Links: RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community! RIMS Virtual Workshops On-Demand Webinars RIMS-Certified Risk Management Professional (RIMS-CRMP) RISK PAC | RIMS Advocacy RIMS Strategic & Enterprise Risk Center RIMS-CRMP Stories — Featuring RIMS President Kristen Peed! RIMS Events, Education, and Services: RIMS Risk Maturity Model® Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information. Want to Learn More? Keep up with the podcast on RIMS.org, and listen on Spotify and Apple Podcasts. Have a question or suggestion? Email: Content@rims.org. Join the Conversation! Follow @RIMSorg on Facebook, Twitter, and LinkedIn. About our guest: James Swanke, Lecturer: Risk and Insurance at the University of Wisconsin-Madison's Wisconsin School of Business, Director of the Risk Management and Insurance MBA program Production and engineering provided by Podfly.
Investing in Bizarro World Episodes: https://youtube.com/playlist?list=PLIAfIjKxr02sAztzlJNy1ug5bDvTVZkME&si=w2d_EF-B5jMo1dYD Subscribe to Investing In Bizarro World: @bizarroworld Editor's Note: We have been pounding the table on our performance in Private Placement Intel. The copper placement we did in July with Rick Rule and Jeff Phillips is already up 200% (with warrants to buy more). The uranium development deal we did last month is up 345% (with warrants to buy more). This week, we'll help finance a brand new gold development and exploration company that has a head-start thanks to an existing high-grade gold resource at its flagship property in the Yukon. We are participating in the IPO round this week. Learn more about Private Placement Intel here: https://bit.ly/4876ZAVThe free version of the 335th episode of Investing in Bizarro World is now published.Here's what was covered:Macro Musings - Gold and silver keep breaking higher. Silver blew through $45 and is setting up for a run to $48 and new all-time highs. Gold pushed past $3,750 and looks ready to challenge $3,800 on the way to $4,000–$5,000. Both metals have tailwinds from Fed rate cuts, strong economic growth, and continued central bank buying. Meanwhile, the dollar is firming and bond yields are ticking higher. That points to rising risks—including black swan military chatter out of Washington—but gold and silver don't seem to care.Market Takes - Copper grabbed headlines after a tragic accident at Freeport's Grasberg mine cut production. That mine represents about 3% of global output, and the disruption could tip this year's market into deficit. Copper prices jumped, and Ivanhoe Mines has already rallied 25% since July as investors repositioned into names with growth ahead. Craig Perry of Vizsla Copper has even argued that $30–$35 copper is possible down the line. Nick and Gerardo don't need that to make money — $7–$8 copper in the next year is more than enough. Lithium Americas soared 125% this week after the Trump administration said it may take a 10% stake in the company's Nevada project. That followed a $2.3 billion government loan under Biden and highlights a trend of resource nationalism across lithium, antimony, rare earths, and more. Uranium also broke out, hitting $82 per pound. The URA ETF is up 50% in just six weeks. Major producers like Cameco and Kazatomprom have guided down, while U.S. policy is moving to expand the strategic uranium reserve. Small explorers are doubling with little news as utilities prepare to contract supply.Bizarro Banter - Politics again proved bizarre. Trump's subsidies to farmers were called what they are—welfare—despite the loud denials of those who voted for him. His second term is shaping up much like his first: weaker dollar, more debt, more war, and broken promises. Meanwhile, the Epstein scandal continues without closure for victims, even as culture-war distractions dominate headlines. Gerardo and Nick reminded listeners to keep pressure on real issues of accountability.Premium Portfolio Picks - For paid listeners only. Subscribe here: https://bit.ly/4mEL1c00:00 Introduction1:25 Macro Musings: Gold and Silver Surge. Dollar Strength. Black Swan Risks.9:18 Market Takes: Copper Supply Shock. Lithium Nationalism. Uranium Breakout.25:23 Bizarro Banter: Farm Welfare. Trump Promises. Epstein Cover-Ups.39:49 Premium Portfolio Picks: High-Leverage Gold Explorer. Undervalued Silver Junior. (You need to subscribe to Bizarro World Live to get this section) Subscribe here: https://bit.ly/4mEL1c0PLEASE NOTE: There are now two versions of this podcast.1. Bizarro World Live — Pay $2 per episode to watch us record the podcast live every Thursday and get Premium Portfolio Picks every week. Plus an archive of all premium episodes. Subscribe here: https://bit.ly/4mEL1c02. Bizarro World Free — Published the Monday after the live recording with no Premium Portfolio Picks.Visit our website Daily Profit Cycle for more content like this and more! https://dailyprofitcycle.com/
2010 yapımı korku/dram filminin yapım aşamasında neler yaşanmıştı?
On this episode, the guys dive into a squirrel terrorizing San Francisco, the looming 2025 rapture, and which horror icons they might actually stand a chance in a fight with.Socials:https://www.instagram.com/brewsandbanter_pod/https://www.tiktok.com/@brews.banterSong Of The Week Playlist:https://open.spotify.com/playlist/55D7EV1stgPOLoHXQJB7qthttps://music.apple.com/us/library/playlist/p.06aWgp9Caax8Pz?l=en-US
DJ Maffers In Association With The Black Swan Rugby Warwickshire 20th September 2025 On www.bootboyradio.net Please Play Like Comment Follow Download & Share
Anton Kobyakov alleged that the U.S. is manipulating cryptocurrency and gold markets to offload its enormous national debt – around $37 Trillion – onto the rest of the world. He framed this as a deliberate “reset” of the global financial system, drawing parallels to historical U.S. monetary maneuvers.
Anton Kobyakov alleged that the U.S. is manipulating cryptocurrency and gold markets to offload its enormous national debt – around $37 Trillion – onto the rest of the world. He framed this as a deliberate “reset” of the global financial system, drawing parallels to historical U.S. monetary maneuvers.
In this episode, I talk with Dr. Paul Taylor, author, neuroscientist, exercise physiologist, and host of The Paul Taylor Podcast. He is an expert in hardiness, the science of turning stress into strength. Modern life is quietly weakening us through the way we eat, move, sleep, socialize, and use technology. By introducing stress, challenge, and discomfort in safe and deliberate ways through exercise, nutrition, temperature, sunlight, and other natural experiences, we can regain our strength and hardiness. This idea is rooted in hormesis, the concept that exposure to manageable stress or challenge can strengthen the body and mind. We also discuss Paul's lessons from his upbringing in Ireland, his time in the military, and his experiences as a parent, in sport, and through personal challenges. He shares practical ways to build hardiness in daily life: move regularly, play outside, eat mostly minimally processed foods, limit screen time, set simple rules and routines, gradually increase effort, and reflect on how you spend your time. Seeing life as a challenge and viewing stress as a chance to grow helps us step out of our comfort zone, so we can strengthen ourselves physically and mentally and be better prepared for whatever life throws our way.Connect and Learn More:Website: paultaylor.bizInstagram: @paultaylor.bizPodcast: The Paul Taylor PodcastBooks: Death by Comfort, and the upcoming The Hardiness EffectResources Mentioned:Books: Antifragile, Elite Minds, Enchiridion, The Black Swan, People: Arrian, Bengt Saltin, Bente Klarlund Pedersen, Epictetus, Frank Booth, Friedrich Nietzsche, Grant Schofield, Nassim Nicholas Taleb, Seneca, Stan Beecham, Walter Mischel
The bois discuss Black Swan, The Dark Knight Rises, The Conjuring: Last Rites, Shang-Chi, and more!Join our Patreon for bonus episodes, supplements, Discord access, and more: https://www.patreon.com/therearetoomanymoviesMerch: https://www.toomanymovies.com/shopInstagram:https://www.instagram.com/therearetoomanymovies/TikTok:https://www.tiktok.com/@therearetoomanymoviesListen on Spotify:https://open.spotify.com/show/7lwOlPvIGdlmr6XjnLIAkG?si=4e3d882515824466Subscribe on iTunes:https://podcasts.apple.com/us/podcast/there-are-too-many-movies/id1455789421Twitch:https://www.twitch.tv/therearetoomanymoviesTwitter:http://www.twitter.com/tatmmpod00:00:00 Cold Open00:00:38 Intro00:04:41 The Dark Knight Rises00:14:35 Guardians of the Galaxy 300:16:02 Shang-Chi00:17:14 Still Missing Morgan00:19:42 Repulsion00:22:49 The Conjuring: Last Rites00:30:40 Alama Drafthouse00:33:31 Black Swan00:59:54 Is It Cinema?01:02:52 DMT (Dumb Movie Title)01:03:54 Guess The Budget01:05:16 Actor Game01:07:41 Outro
According to Buck Sexton “Trump’s Next Move Will Shock the World”. It’s not about tariffs, crypto or the Fed. It’s a radical move that Trump is going to make as soon as October 15, 2025. In other news, a “Mega Black Swan Event” is also likely to happen in October. 00:00 Trump’s Next Move 08:11 U.S. Power 09:20 Debt Spiral 13:35 Black Swan Event 20:38 Push Debt Into Crypto 25:48 Our Sponsors
According to Buck Sexton “Trump’s Next Move Will Shock the World”. It’s not about tariffs, crypto or the Fed. It’s a radical move that Trump is going to make as soon as October 15, 2025. In other news, a “Mega Black Swan Event” is also likely to happen in October. 00:00 Trump’s Next Move 08:11 U.S. Power 09:20 Debt Spiral 13:35 Black Swan Event 20:38 Push Debt Into Crypto 25:48 Our Sponsors
Mark Thornton returns as a guest on the Liberty and Finance podcast with Dunagun Kaiser to walk through Ludwig von Mises's three stages of inflation, and why today's mix of towering deficits and money printing puts the US on the on-ramp to hyperinflation. Mark also connects sanctions and tariffs to global de-dollarization, explains why central banks are swapping Treasuries for gold, and breaks down his gold-to-silver trade. The conversation ranges from “black swans” to state-level sound-money moves, and closes with practical steps.Additional ResourcesVisit Liberty and Finance at https://libertyandfinance.com"Black Swans, Sequestered Capital, and the Next Bust” (Minor Issues): https://mises.org/MI_137Donate $5 today to support the Mises Institute's Fall Campaign and receive a physical copy of Hayek for the 21st Century: https://mises.org/mi25A special bonus offer for Minor Issues listeners: donate to the Mises Institute's Fall Campaign and receive a signed copy of Free Trade in the 21st Century: https://mises.org/mi25Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Hallo zusammen! Nach drei gefühlten Ewigkeiten bringen wir euch nun doch endlich die 10. Folge unseres Podcasts. Wir haben uns über The Fountain, The Wrestler und Black Swan unterhalten. Und am Ende wagen wir es sogar, unseren Lieblingsfilm zu nennen. Seid gespannt!
Is there such a thing as an ‘Indian university'? Is there an ‘idea' of an Indian university? Were universities in India living and breathing products of the soil, or were they conceptual imports from a colonial heritage? What is the relationship between universities in India and the ‘publics' that have inhabited or are alienated by them? More pointedly, how ‘public' is the Indian public university? This volume explores the historical makings of the Indian university as it stands today, by sifting through archives, colonial/postcolonial policies, textual-literary records and political-economic developments. What results is a ‘critical history' – navigating the force of myth and promise, revolutions and reforms, communities and markets. From the glorification of ancient ‘greatness' to the riskiness of ‘platform futures', this book offers a time travel through one of the most exalted and yet most abused institutions of our age – the university. Dr. Tiatemsu Longkumer, Senior Lecturer in Anthropology at Royal Thimphu College, Bhutan, researches indigenous religion and Christianity among the Nagas, Buddhism in Bhutan, and Generative AI in education. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Is there such a thing as an ‘Indian university'? Is there an ‘idea' of an Indian university? Were universities in India living and breathing products of the soil, or were they conceptual imports from a colonial heritage? What is the relationship between universities in India and the ‘publics' that have inhabited or are alienated by them? More pointedly, how ‘public' is the Indian public university? This volume explores the historical makings of the Indian university as it stands today, by sifting through archives, colonial/postcolonial policies, textual-literary records and political-economic developments. What results is a ‘critical history' – navigating the force of myth and promise, revolutions and reforms, communities and markets. From the glorification of ancient ‘greatness' to the riskiness of ‘platform futures', this book offers a time travel through one of the most exalted and yet most abused institutions of our age – the university. Dr. Tiatemsu Longkumer, Senior Lecturer in Anthropology at Royal Thimphu College, Bhutan, researches indigenous religion and Christianity among the Nagas, Buddhism in Bhutan, and Generative AI in education. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/south-asian-studies
Is there such a thing as an ‘Indian university'? Is there an ‘idea' of an Indian university? Were universities in India living and breathing products of the soil, or were they conceptual imports from a colonial heritage? What is the relationship between universities in India and the ‘publics' that have inhabited or are alienated by them? More pointedly, how ‘public' is the Indian public university? This volume explores the historical makings of the Indian university as it stands today, by sifting through archives, colonial/postcolonial policies, textual-literary records and political-economic developments. What results is a ‘critical history' – navigating the force of myth and promise, revolutions and reforms, communities and markets. From the glorification of ancient ‘greatness' to the riskiness of ‘platform futures', this book offers a time travel through one of the most exalted and yet most abused institutions of our age – the university. Dr. Tiatemsu Longkumer, Senior Lecturer in Anthropology at Royal Thimphu College, Bhutan, researches indigenous religion and Christianity among the Nagas, Buddhism in Bhutan, and Generative AI in education. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/education
Is there such a thing as an ‘Indian university'? Is there an ‘idea' of an Indian university? Were universities in India living and breathing products of the soil, or were they conceptual imports from a colonial heritage? What is the relationship between universities in India and the ‘publics' that have inhabited or are alienated by them? More pointedly, how ‘public' is the Indian public university? This volume explores the historical makings of the Indian university as it stands today, by sifting through archives, colonial/postcolonial policies, textual-literary records and political-economic developments. What results is a ‘critical history' – navigating the force of myth and promise, revolutions and reforms, communities and markets. From the glorification of ancient ‘greatness' to the riskiness of ‘platform futures', this book offers a time travel through one of the most exalted and yet most abused institutions of our age – the university. Dr. Tiatemsu Longkumer, Senior Lecturer in Anthropology at Royal Thimphu College, Bhutan, researches indigenous religion and Christianity among the Nagas, Buddhism in Bhutan, and Generative AI in education. Learn more about your ad choices. Visit megaphone.fm/adchoices
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured More than half of U.S. mutual and exchange-traded funds are now passive—set-it-and-forget-it investments that blindly follow the indexes. While convenient, this concentration creates hidden risks. In the event of a major sell-off, the sheer weight of passive money could trigger violent market swings and magnify losses. True investing requires discipline, adjustment, and active decision-making—not blind faith in the herd. Ignoring this reality could turn passive investing into the market's next black swan.
Frank is joined by Jamie, an Australian wrestling journalist and podcaster, to unpack Darren Aronofsky's The Wrestler. They break down Mickey Rourke's career-defining turn as Randy “The Ram,” why the film treats wrestling with rare respect, how indie scenes work behind the curtain, and what the movie gets right about pain, pride, and the gig life. Expect talk on blading, deathmatches, deli counters, and the bittersweet final leap. The Wrestler - CA Timestamps & Topics 00:00 Welcome and guest intro, Jamie's magazine and The Commentary Booth 01:33 Why The Wrestler, and why it treats wrestling seriously 02:21 Indie wrestling in Australia and how regional styles differ 04:27 Two-minute plot speed run for The Wrestler 06:12 Rourke's comeback, near-miss Oscar, and how his story mirrors Randy's 07:03 Aronofsky parallels with Black Swan and the “passion vs body” theme 08:46 The physical toll: pain, injuries, and why “fake” is the wrong word 10:04 Casting what-ifs and why Rourke was the right choice 11:07 Marisa Tomei's character, boundaries, and mirrored struggles 14:18 Real wrestlers on screen: Necro Butcher, Blue Meanie, R-Truth, Nigel McGuinness 15:43 Backstage authenticity: planning matches and protecting spots 16:38 Filmmaking choices: over-the-shoulder, docu feel, sound and silence 17:11 The deli counter sequence and why it hurts so much 21:16 Blading 101, when companies allow blood, and modern policies 23:05 The indie hustle: bookings, calendars, and life on the road 25:07 Health care, rehab access, and duty of care today 26:42 Drugs, CTE, and hard lessons from wrestling's past 28:46 Favorite scenes and the ambiguous ending 31:04 Locker room rituals, “match memory,” and shared shorthand 32:50 What aged well and what hits harder in the gig economy era 34:16 Deathmatch primer and recommended watch list 43:56 Awards talk, where The Wrestler ranks, and Jamie's current projects 46:04 Outro and how to send us your challenges Key Takeaways The Wrestler is a love letter to pro wrestling that treats the craft and its workers with respect. Rourke's performance lands because his real-life arc echoes Randy's fall and claw-back. The movie nails backstage realities: match planning, protecting limbs, and protecting spots. “Fake” is a myth. Stories are scripted. Physicality is very real. Aronofsky's choices — handheld camera, long silences, ring sounds — put you in Randy's head. The deli scene is a perfect “what if” path that collapses under one bad interaction. Indie wrestling is a grind: bookings, travel, day jobs, and recovery are constant tradeoffs. Modern policies are better on rehab and blood, but the culture still battles pain and risk. Memorable Quotes “It's definitely a love letter to wrestling overall.” — Jamie “The stories are fake, but the physicality is real.” — Frank “It almost feels more like a fly on the wall documentary rather than a big budget motion picture.” — Jamie “I love the ambiguity of the ending.” — Jamie “You have to survive the bad days.” — Frank Links & Resources Our site: GeekFreaksPodcast.com GeekFreaksPodcast.com is the source of all news discussed during our podcast. Mentioned by Jamie: The Commentary Booth, Wrestle Radio Australia, Australian Wrestling Cards, and his magazine project all found at pariomagazine.com.au Related watches: You Can't Kill David Arquette, Queen of the Ring Film: The Wrestler (2008), directed by Darren Aronofsky Call To Action Enjoyed this conversation? Follow and subscribe, rate us 5 stars, and share the episode with a friend using #ChallengeAcceptedLive. Your reviews help more listeners find the show. Follow Us Challenge Accepted: Instagram @challengeacceptedlive, TikTok @challengeacceptedlive, Twitter @CAPodcastLive Hosts: Frank on Instagram @franklourence79, Thomas @thomascraigviii Listener Questions Send your challenges, hot takes, and questions for the next episode: ChallengeAcceptedGFX@gmail.com. We might read yours on air. Apple Podcast Tags The Wrestler, Mickey Rourke, Darren Aronofsky, Marisa Tomei, indie wrestling, deathmatch wrestling, Ring of Honor, Necro Butcher, backstage wrestling, blading, wrestling journalism, Australian wrestling, movie review, Aronofsky style, Challenge Accepted Podcast
Nick Stageberg is the CEO of Black Swan Real Estate and a former tech entrepreneur who scaled a $13M startup to a $100M exit. He later led 13 engineering teams at Mayo Clinic before building a thriving real estate portfolio with his wife, Elaine. Today Nick leverages his tech-driven approach to give Black Swan a distinct edge in the multifamily industry. Here's some of the topics we covered: From Tech Career to Real Estate Freedom How to Turn Setbacks Into Your Greatest Wins Warren Buffet's Surprising Take on D Class Properties Using Real Estate Profits to Create Lasting Impact Must-Know Tips for First-Time Investors How to Land a Mentor Without Spending a Dime Why Real Estate Beats Even the Highest-Paying W2 Job To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com For more about Rod and his real estate investing journey go to www.rodkhleif.com
Join Amanda, Geoff, and Ben as we watch Black Swan. We give some background on the movie, rate it out of 5 stars and discuss what we thought! This week also features our top 4 fictional birds.Thank you for listening! We'll be back next week to review Twilight so be sure to watch along with us. Follow us on our social channels @you_havent_seen_that You can find every episode on Apple Podcasts and Spotify.
Darren Aronofsky follows up his divisive Oscar-winner, The Whale, with a throwback to 90s capers. Caught Stealing is an After Hours pastiche without any ego and a studio potboiler aimed right down the middle of the road, it just happens to star one of the most charismatic casts assembled in 2025. Jeff and Derek discuss the star power of Austin Butler, the few surprises the film has in store, and this strange departure from Aronofsky's typical auteurism. Tune in!
Movies covered in this episode include, Darkman, Evil Dead, Evil Dead 2, Army Of Darkness, Ondine, Dr. Strange Multiverse of Madness, Alien: Earth, Alien: Romulus, Went Up The Hill, Black Swan, Caught Stealing, Twinless, Lurker, The Threesome, Toxic Avenger, Scarface, Grand Theft Hamlet and The Kings Speech.
On the latest episode of Minor Issues, Mark Thornton argues that “black swans” aren't root causes but announcement effects of imbalances created by the Fed's cheap-credit booms. He highlights Ball State economist James McLure's idea of sequestered capital—R&D, financial innovations, and opaque private assets shielded from public information—which proliferate under artificially low rates. From the Dutch Tulip Bubble and 1929 investment trusts to today's candidates—hedge-fund private deals, AI data centers, commercial real estate, and crypto—the pattern is the same: policy-driven credit expansion seeds the very “unknowns” that later trigger crises. The fix isn't more regulation; it's removing the fuel line of easy money.See also "Sequestered Capital: An Overlooked Lacuna in the Capital Structure” by James McClure: https://mises.org/MI_137_AThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFreeBe sure to follow Minor Issues at https://Mises.org/MinorIssues
Acclaimed Oscar-nominated director Darren Aronofsky (Requiem for a Dream, Black Swan, The Whale, The Wrestler) returns to the big screen with what MIGHT be his most audience-friendly caper yet....this is the story of a burned-out ex-baseball player named Hank (Oscar-nominee Austin Butler) who unexpectedly finds himself embroiled in a dangerous struggle for survival of late '90's New York City. Upon doing his neighbor Russ (Matt Smith) a favorite while he goes out of town, Hank soon has various unsavory characters who come calling....and the only people who can apparently help him are his long-suffering girlfriend/medic Yvonne (Zoe Kravitz) and NYPD Detective Roman (Oscar-Winner Regina King) who's on the case. Also along for the ride during this increasingly violent crime comedy/drama are Griffin Dunne, Bad Bunny, Action Bronson, Carol Kane, Liev Schreiber, and Vincent D'Onofrio. Host: Geoff GershonEdited By Ella GershonProducer: Marlene GershonSend us a textSupport the showhttps://livingforthecinema.com/Facebook:https://www.facebook.com/Living-for-the-Cinema-Podcast-101167838847578Instagram:https://www.instagram.com/livingforthecinema/Letterboxd:https://letterboxd.com/Living4Cinema/
Get access to this entire episode as well as all of our premium episodes and bonus content by becoming a Hit Factory Patron for just $5/month.CW: Discussions of cinematic sexual assault and violence.Film Critic Lex Briscuso joins us to discuss Satoshi Kon's masterful animated psychological thriller Perfect Blue. The film follows Mima, a former J-Pop idol who has recently left the music group Cham! that made her famous and beloved in order to pursue a career as an actress. As Mima struggles to adapt to the demands of her new profession, she becomes the victim of an obsessive stalker and steadily begins to lose her grip on reality. Visceral, confounding, and richly layered with considerations about celebrity, artifice, and the toll of creating a public persona, Perfect Blue represents the very best animated cinema has to offer and showcases what the medium is capable of in the hands of a brilliant artist.We begin by unpacking the film's contemplations of public image and the fledgling internet; how Kon anticipates the production of digital avatars and how these versions of ourselves skew people's perceptions of our interiority. Then, we discuss Perfect Blue's perspective on patriarchal, predatory systems within entertainment and art, as well as how the film conveys the top-down proprietary relationships that we build around celebrity. Finally, we examine the film's core tragedy - the loss of agency and sense of self that necessary follows any participation within a larger system of public visibility and the subsequent collapse of solidarity these losses breed.Follow Lex Briscuso on Twitter.....Our theme song is "Mirror" by Chris Fish.
Remember the supply chain mess of 2020 or the sudden market drop of 2022? Those so-called “black swan” events hit hard and fast — and they're not as rare as you think. In this week's Capitalist Investor, the team dives into how unpredictable market shocks can devastate unprepared portfolios, why retirees are especially vulnerable, and the strategies you can use to safeguard your wealth. Don't miss this candid conversation on protecting your retirement from the unexpected.#Investing #Retirement #Wealth #Markets #BlackSwans #Economy #FinancePodcast #FinancialPlanning
"I just want to be perfect" Episode 105 of Absolute Cuts sees hosts Mark Nelson and Ryan Cullen discuss the 2010 pirouette-ing, plié-ing, arabesque-ing classic Black Swan. Ryan and Mark discuss pickling things, what you would do if you won the lottery and why most actors don't deserve to win Oscars. Please get in touch and let us know if you enjoy the podcast, what guests you'd like to see on in future episodes and to suggest a film. Email : absolutecutspodcast@hotmail.com You can follow the podcast on social media here - Twitter : @AbsoluteCuts Instagram : @AbsoluteCutsPod Please leave a 5 star rating and review if you have enjoyed and recommend us to anyone you think might enjoy the pod. The Absolute Cuts soundtrack can be found here : https://open.spotify.com/playlist/7y4PQxrbJk7PJLz3IJKIot?si=1d999a719b17409b You can also find both Nelson and Cullen at the various places below - Mark Links LIQUID GOLD Tour 2025/26 Tickets and FRINGE SHOW tickets https://linktr.ee/marknelsoncomic BBC SPECIAL https://www.bbc.co.uk/iplayer/episode/m0026gr4/mark-nelson-live-from-dumfries Twitter : @marknelsoncomic Instagram : @marknelsoncomic Facebook : MarkNelsonComic Youtube : Mark Nelson - YouTube LINKTREE : marknelsoncomic | Instagram, Facebook | Linktree Ryan Links NEW SPECIAL https://youtu.be/_EIdRCFlCqk?si=jyznUrONsrcgfztP Twitter : @RyanCullen90 Instagram : @ryancullen90 Tik Tok : @ryancullencomedy Tour Tickets : https://linktr.ee/ryancullen90 Bookings : ryancullen90 | Twitter, Instagram, Facebook, TikTok | Linktree
Today on Art of the Cut we speak with Oscar-nominated editor, Andrew Weisblum, ACE, about cutting Darren Aronofsky's film, Caught Stealing.Andrew's been on Art of the Cut before to discuss The French Dispatch, Alice Through the Looking Glass, and tick, tick, BOOM! - for which he was nominated for an Oscar and won an ACE Eddie. He was also nominated for an Oscar for editing Black Swan. His other work includes Wolfs, The Whale, Mother, and Isle of Dogs.Today's discussion is about the value of editing on-set, the benefits of having the editor speak into the script, and the dangers of reading the source material.If you'd like to read along with this podcast and see clips, trailers and stills from the movie, visit the Boris FX blog site:Borisfx.com/blog/aotc
Tyler Ellegard notes rising delinquencies, but says the market is looking past it because it's on the “lower consumer end.” He talks about potential “black swan events” and looks at the labor market. He says two things can be true at once: economic conditions can weaken while the stock market can keep gaining. He says this is due to AI companies driving earnings and letting the market grind higher from here. His stock picks include POD, SJM and more.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe 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
How to get people to see a movie about ballet? Have the film full of body horror and one hot lesbian sex scene, that's how. Still, time has passed and so it must be asked, does this film still work? Links You can rate and review us in these places (and more, probably) Does This Still Work? - TV Podcast https://www.podchaser.com/podcasts/does-this-still-work-1088105 Does This Still Work? on Apple Podcasts https://podcasts.apple.com/us/podcast/does-this-still-work/id1492570867 Creator Accountability Network creatoraccountabilitynetwork.org. Hanging up her toe shoes https://www.newspapers.com/article/newsday-285-black-swan-2010-1/179830392/ Battle of the Nutcrackers https://www.newspapers.com/article/newsday-285-black-swan-2010-2/179830501/ Far From Home https://www.newspapers.com/article/the-windsor-star-285-black-swan-2010-3/179832118/
Join Amanda, Geoff, and Ben as we talk about the 2025 Emmy Awards. We chat about the big nomination categories and give our thoughts on who we think will win and who we think should win! This week also features our top 8 TV shows of the year. Thank you for listening! We'll be back next week to review Black Swan so be sure to watch along with us. Follow us on our social channels @you_havent_seen_that You can find every episode on Apple Podcasts and Spotify.
Send us a text about your favourite films relating to the episode.This month on the podcast as the new film Caught Stealing is out in cinemas across the world, filled with stars and directed by the legendary director Darren Aronofsky. We will be having a lengthy chat about Mr Aronofsky films. Joining me is the fantastic Tommy from the Haven't Scene It: A Movie Podcast. Warning we will be talking SPOILERSTommy's turn to chose his Darren Aronofsky film of choice and is going for the film that won Natalie Portman her deserved Oscar, Black Swan. On this one we talk about the parallels this film has Hollywood it's self. We talk about the great and surprising horror elements to this film. We talk how Darren Aronofsky refines his directing style. Plus we talk about birds IMDB page Haven't Scene It: A Movie Pod Link link treeFVF Social linkstwitterinstagramTikTokAs ever please enjoy. Support the show
In this episode of the Kpopcast, hosts Stephanie and Peter dive into the vibrant world of "K-Popped," a groundbreaking show hosted by PSY and Megan thee Stallion that bridges generations and cultures. Join us as we explore the dynamic collaborations between Western and K-Pop artists, featuring iconic performances by ATEEZ, J Balvin, Kylie Minogue, TLC, Boyz II Men, the Spice Girls, STAYC, BlackSwan, Patti LaBelle, Kiss of Life, Eve, J01, and more! We dive deep into the show's highlight moments, times where the production missed the mark, and yes, that controversial and awkward moment between ATEEZ and J Balvin! Tune in for a deep dive into the essence of K-Pop and its global impact, with reflections on standout performances and the show's cultural significance.Follow us on IG: https://www.instagram.com/thekpopcastJoin the Kpopcast Slack: https://join.slack.com/t/kpopcast/shared_invite/zt-93kzxcv6-YNej2QkyY6vaPnhEQJxk0AChip in for editing: https://ko-fi.com/thekpopcastWatch KPOPPED - Apple TV+ Hosted on Acast. See acast.com/privacy for more information.
Another trans shooter, CDC chaos, Trump denies he's dead, an epic week 1 in college football and Zig finally tells his black swan story.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-death-of-journalism--5691723/support.
In this episode of Unlocked, Skot Waldron and Derek Gaunt explore the nuances of influence and negotiation, particularly in high-pressure situations. They discuss the importance of intent in influence, distinguishing it from manipulation, and emphasize the role of curiosity and understanding in effective communication. Derek shares insights from his experience as a hostage negotiation commander, illustrating how tactical empathy and emotional intelligence can lead to better outcomes in negotiations. The discussion also highlights the challenges of navigating difficult conversations and the necessity of adapting to new information during negotiations. In this conversation, Derek Gaunt discusses the importance of understanding assumptions in negotiations, the concept of tactical empathy, and the strategic use of 'no' in leadership. He emphasizes the need for curiosity and genuine interest in others to foster better communication and influence. The discussion also highlights the Black Swan method as a framework for applying these principles effectively. Website: www.blackswanltd.com
A standout 16-year-old accordionist from Eugene, Oregon brings style and sensitivity. We meet a 17-year-old guitarist and math whiz. A teen cellist performs Villa-Lobos' Song of the Black Swan.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
In this episode of Crazy Wisdom, host Stewart Alsop sits down with Juan Samitier, co-founder of DAMM Capital, for a wide-ranging conversation on decentralized insurance, treasury management, and the evolution of finance on-chain. Together they explore the risks of smart contracts and hacks, the role of insurance in enabling institutional capital to enter crypto, and historical parallels from Amsterdam's spice trade to Argentina's corralito. The discussion covers stablecoins like DAI, MakerDAO's USDS, and the collapse of Luna, as well as the dynamics of yield, black swan events, and the intersection of DeFi with AI, prediction markets, and tokenized assets. You can find Juan on Twitter at @JuanSamitier and follow DAMM Capital at @DAMM_Capital.Check out this GPT we trained on the conversationTimestamps00:05 Stewart Alsop introduces Juan Samitier, who shares his background in asset management and DeFi, setting up the conversation on decentralized insurance.00:10 They discuss Safu, the insurance protocol Juan designed, and why hedging smart contract risk is key for asset managers deploying capital in DeFi.00:15 The focus shifts to hacks, audits, and why even fully audited code can still fail, bringing up historical parallels to ships, pirates, and early insurance models.00:20 Black swan events, risk models, and the limits of statistics are explored, along with reflections on Wolfram's ideas and the Ascent of Money.00:25 They examine how TradFi is entering crypto, the dominance of centralized stablecoins, and regulatory pushes like the Genius Act.00:30 DAI's design, MakerDAO's USDS, and Luna's collapse are explained, tying into the Great Depression, Argentina's corralito, and trust in money.00:35 Juan recounts his path from high school trading shitcoins to managing Kleros' treasury, while Stewart shares parallels with dot-com bubbles and Webvan.00:40 The conversation turns to tokenized assets, lending markets, and why stablecoin payments may be DeFi's Trojan horse for TradFi adoption.00:45 They explore interest rates, usury, and Ponzi dynamics, comparing Luna's 20% yields with unsustainable growth models in tech and crypto.00:50 Airdrops, VC-funded incentives, and short-term games are contrasted with building long-term financial infrastructure on-chain.00:55 Stewart brings up crypto as Venice in 1200, leading into reflections on finance as an information system, the rise of AI, and DeFi agents.01:00 Juan explains tokenized hedge funds, trusted execution environments, and prediction markets, ending with the power of conditional markets and the future of betting on beliefs.Key InsightsOne of the biggest risks in decentralized finance isn't just market volatility but the fragility of smart contracts. Juan Samitier emphasized that even with million-dollar audits, no code can ever be guaranteed safe, which is why hedging against hacks is essential for asset managers who want institutional capital to enter crypto.Insurance has always been about spreading risk, from 17th century spice ships facing pirates to DeFi protocols facing hackers. The same logic applies today: traders and treasuries are willing to sacrifice a small portion of yield to ensure that catastrophic losses won't wipe out their entire investment.Black swan events expose the limits of financial models, both in traditional finance and crypto. Juan pointed out that while risk models try to account for extreme scenarios, including every possible tail risk makes insurance math break down—a tension that shows why decentralized insurance is still early but necessary.Stablecoins emerged as crypto's attempt to recreate the dollar, but their design choices determine resilience. MakerDAO's DAI and USDS use overcollateralization for stability, while Luna's algorithmic model collapsed under pressure. These experiments mirror historical monetary crises like the Great Depression and Argentina's corralito, reminding us that trust in money is fragile.Argentina's history of inflation and government-imposed bank freezes makes its citizens uniquely receptive to crypto. Samitier explained that even people without financial training understand macroeconomic risks because they live with them daily, which helps explain why Argentina has some of the world's highest adoption of stablecoins and DeFi tools.The path to mainstream DeFi adoption may lie in the intersection of tokenized real-world assets, lending markets, and stablecoin payments. TradFi institutions are already asking how retail users access cheaper loans on-chain, showing that DeFi's efficiency could become the Trojan horse that pulls traditional finance deeper into crypto rails.Looking forward, the fusion of AI with DeFi may transform finance into an information-driven ecosystem. Trusted execution environments, prediction markets, and conditional markets could allow agents to trade on beliefs and probabilities with transparency, blending deterministic blockchains with probabilistic AI—a glimpse of what financial Venice in the information age might look like.
CAUGHT STEALING MOVIE REVIEW Director/writer Darren Aronofsky is known for making really intense and usually very surreal films, like Requiem for a Dream, Black Swan, and Mother!. Sometimes he chills a bit to focus on telling a great character based story like in The Wrestler. Caught Stealing is a bit of an oddball choice for […]
Darren Aronofsky's films (REQUIEM FOR A DREAM, BLACK SWAN) have been a lot of things but fun probably isn't the first word that comes to mind. Now with CAUGHT STEALING he's using his powers for a different cause. He joins Josh to chat about his journey from provocateur to his latest film. Check out the Happy Sad Confused patreon here! We've got discount codes to live events, merch, early access, exclusive episodes, video versions of the podcast, and more! Learn more about your ad choices. Visit megaphone.fm/adchoices
Who will be on Doctor Doom's team in Doomsday? Welcome back to Marvel Sneak Peek! In this episode, Erik Voss and Jessica Clemons look at the latest rumors that characters like Doctor Strange and Clea could be serving Doctor Doom in Doomsday… part of the Black Swans? Join the NR Underground for exclusive audio shows: https://nrunderground.supercast.com Check out our merch! http://www.NerdRiot.shop Follow New Rockstars: TikTok: https://www.tiktok.com/@newrockstars_official Instagram: https://instagram.com/newrockstars Facebook: https://facebook.com/newmediarockstars Twitter: https://twitter.com/newrockstars Written by: Erik Voss, Jessica Clemons, Gina Ippolito Head of Content & Executive Producer: Erik Voss General Manager: Zach Huddleston Head of Production: John Costa Director of Programming: Brandon Barrick Senior Producer: Jessica Clemons Producer: Gina Ippolito Staff Editors: Abby Freel, Brian M Kim, Joshua Steven Hurd Studio Tech: Brian M Kim For business inquiries please contact business@nrdigitalstudios.com Eat smart at https://factormeals.com/NEWROCKSTARS50OFF and use code NEWROCKSTARS50OFF to get 50 percent off plus FREE shipping on your first box. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tom Bodrovics welcomes Michael Kao to the show. Michael Kao is Private Family Office Investor & Author - Former Hedge Fund Manager & Commodities Trader. In this comprehensive discussion, Kao provides an in-depth analysis of the Trump 2.0 economic strategy, focusing on several key policy initiatives designed to reshape the United States' economic trajectory. He describes the current approach as navigating an "asteroid field" with strategic policy levers aimed at addressing significant economic challenges, including massive deficits, global conflicts, and critical dependencies on adversarial nations. Kao highlights four primary policy initiatives: tariffs and economic statecraft, redirecting fiscal spending, managing inflation, and containing internal and external threats. A critical component of this strategy involves what he calls a "reverse Marshall Plan," where other countries and private industries shoulder fiscal responsibilities traditionally borne by the US government. This approach could potentially redirect billions of dollars in spending through trade deals, NATO commitments, and corporate reshoring initiatives. The discussion extensively explores potential deflationary mechanisms within the policy framework, including strategic tariffs, oil price management, and potential productivity gains from AI and deregulation. Kao suggests that these policies could create a "disinflationary growth" scenario, potentially allowing the US to grow its way out of its current debt challenges. Kao remains cautiously optimistic about the United States' economic future, emphasizing the importance of maintaining these strategic initiatives beyond the current presidential cycle. He believes the US has significant untapped potential on its balance sheet and that the current approach could create more favorable long-term economic conditions. The conversation also touches on geopolitical dynamics, including potential shifts in Middle Eastern relationships, China's economic challenges, and the importance of creating sustainable economic conditions that don't rely on short-term monetary manipulations. Ultimately, Kao presents a nuanced view of the current economic strategy, arguing that bold, potentially controversial initiatives might be necessary to break the US out of its current low-volatility "death spiral" and create more positive economic outcomes.