Podcasts about China

On Monday's Mark Levin Show, do you use TikTok, Instagram, X, or any social media? What about a computer? Laptop? iPhone? Smart TV? Netflix? Have you seen a doctor or been to a hospital? Have you driven a car? Taken an airplane? Use email? Congratulations! You use AI! And in order to use AI, you need data centers. Amazing how quickly people fall for lies about data centers. It's the pandemic and fracking all over again. Luddites who don't believe in industrial progress tell people they'll lose their jobs, but data centers will create jobs you've never even heard of. If we want to keep pace with adversaries like China, we'd better ignore the Luddites and pandering politicians and go all in on industrial progress. Also, how would the most advanced society and economy survive without data centers? Foreign countries like China, India and Israel are embracing AI. If they support data centers and America doesn't, where do you think tech workers will go? How do you turn off the human brain? Some say if the GOP loses the midterm elections it will be because of data centers. Wasn't Iran supposed to be the main issue in the midterms? A lot of these Luddites and isolationists are the same. Then, if we hit the brakes hard on AI and data centers, we won't have the most advanced computers, medical care, and other things. Those who oppose data centers haven't lived in a society that put the brakes on the future. They're happy living in the present, but you can't sustain the present without AI. The world won't want our products and services. Or maybe you prefer Cuba with their 1950s Chevys and no medical advances? All great empires of the past, including Britain, are gone. Will America be next? Finally, AI data centers know no economic or social classes. Everyone benefits from them. Yet, the class warfare ideologues want you to believe there are. In East Loudoun County VA, one of the wealthiest and most highly educated populations in the country if not the world, sit the vast majority of our country's data centers -- upwards of 80%. The end-users are of every walk of life. Those who construct the data centers are union, non-union, blue collar, as well as computer geeks and a wide variety of trades and skilled workers. Those who operate them tend to be highly educated in the STEMs. And we cannot imagine how many new technologies, inventions, products, services, cures, enterprises, etc., will grow from this new Industrial Revolution. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Caption: 1521 PERSIATONIGHT CONTENTS THE JOHN BATCHELOR SHOW 8-31-2026Tehran Under Siege: Sanctions, War Fatigue, and the Credibility Crisis of the UNEdmund Fitton-Brown details the bleak economic reality for citizens in Tehran living under severe economic sanctions and a low-intensity conflict. Ordinary residents are reduced to driving for ride-sharing apps like Snapp and begging for food due to skyrocketing prices of staple goods like yogurt. While the regime's elite remain insulated, sanctions have severely strained the general population without driving systemic behavior changes. Furthermore, the discussion examines the declining global credibility of the United Nations. The organization has abandoned its neutrality by focusing excessively on targeting Israel and prioritizing humanitarian relief, which frequently ends up diverted to empower oppressive regimes. (1)Demographic Doom: How the One-Child Legacy and Youth Cynicism Threaten China's FuturePiero Tozzi explores China's severe demographic crisis resulting from the legacy of the totalitarian one-child policy enacted in 1979 and officially lifted in 2015. Despite transitioning to a three-child policy, fertility rates continue to plummet due to youth disillusionment. The gender imbalance has catalyzed widespread female trafficking from neighboring countries, while a high proportion of single-child soldiers in the military creates unique domestic vulnerabilities in conflict scenarios. Young Chinese citizens are increasingly opting out of intense economic exploitation through passive resistance movements like "laying flat" and "letting it rot," directly challenging propaganda regarding national rejuvenation. (2)The Domestic Surge: AI Infrastructure, Aerospace Recovery, and US Manufacturing RenaissanceAlan Tonelson highlights the significant manufacturing revival currently taking place in the United States, driven by key sectors like aerospace and artificial intelligence infrastructure. Boeing's resolution of safety and production issues has revitalized aerospace, while a massive buildout of AI data centers has boosted demand for semiconductors, steel, and electronic equipment. Although trade tensions with Canada persist, the US-Mexico-Canada Agreement protects most trade, rendering short-term disruptions minimal. Furthermore, while widespread local protests against data centers have emerged across various states, they have not yet slowed down the overall rapid pace of construction. (3)Middle East Realignment: Iranian Devaluation, Turkish Expansion, and Mediterranean Defense PartnershipsMalcolm Hoenlein covers shifting geopolitical and economic dynamics across the Middle East. Inside Iran, severe inflation, food shortages, and medicine price hikes are suffocating the middle class, prompting harsher internal crackdowns by the regime. Meanwhile, Omani channel shipping flows have partially improved following US-led mine sweeping efforts. In Syria, Turkey is pursuing a quiet military takeover, a move contested by Israel. Additionally, Saudi Arabia is utilizing pipelines to bypass shipping threats, and Finland has joined other nations in defunding the corrupt Palestinian refugee agency UNRWA. Finally, Greece and Israel have solidified a historic $3.5 billion multi-level defense agreement. (4)Cult of Rebellion: Understanding the Resilient and Hostile Ideology of the HouthisEdmund Fitton-Brown chronicles the history, structure, and ideological motivations of the Houthi movement in Yemen. Emerging in the mid-1990s as a Zaydi revivalist cult modeled after Lebanese Hezbollah, the group adopted a highly hostile five-part slogan ("the scream") emphasizing anti-American, anti-Semitic, and anti-Israel vitriol. Over decades of conflict, they waged multiple rebellions against former dictator Ali Abdullah Saleh before forming a tactical alliance with him to seize power. Known as relentless fighters who are always up for a battle, the Houthis harbor expansive territorial ambitions in southern Saudi Arabia, aiming to control the holy sites of Mecca and Medina. (5)Tehran in Limbo: Evaluating Sanctions, Bureaucratic Alienation, and Paths to Regime ChangeJanatyn Sayeh addresses the psychological state of "no war, no peace" in Tehran a year after the September 2025 conflict. The population faces deep war fatigue, compounded by blockades and new sanctions. While sanctions alone cannot topple the regime, they successfully alienate key socio-economic groups. Specifically, lower-level administrative bureaucrats and ideologues are losing their financial incentives and faith in the regime's competence. True systemic change will not happen overnight, but dragging out the process and bringing civil unrest into urban streets could break pro-regime morale and dismantle the kleptocratic elite's hold on power. (6)Deterrence and Covert Diplomacy: Analyzing CIA Trip to Moscow and the North Korean AllianceJohn Hardie analyzes CIA Director John Ratcliffe's unexpected visit to Moscow. Speculation suggests the trip aimed to deter Russian sabotage against NATO, push for a diplomatic settlement in Ukraine, and pressure Moscow to limit support for Iran. Although Russian leader Vladimir Putin remains convinced of victory and resistant to compromises, maintaining deterrence remains critical. Simultaneously, military intelligence reports that North Korea has supplied dozens of short-range ballistic missiles to Russia for use in Ukraine, with thousands of combat troops potentially deployed, further complicating the global security landscape. (7)A Shift in Rules: IDF's Aggressive Gaza Targeting, Tunnel Demolition, and West Bank Air PowerSamuel Ben-Ur highlights a shift in Israeli military operations. Following a ceasefire, the IDF returned to pre-agreement rules by striking an active Hamas militant at a Gaza bakery. The military has destroyed roughly half of Gaza's tunnels, with operations continuing on the Hamas-controlled side. Additionally, Israel executed a rare West Bank airstrike to eliminate Kais Betawi, a high-value financial and military operative, signaling strength ahead of upcoming elections. Finally, the discussion outlines the total exclusion of the heavily compromised UNRWA from future Gaza recovery efforts, noting that the United States and Israel will sideline the agency entirely. (8)Higher Education in Crisis: Rising Debt, STEM Brain Drain, and Political PolarizationTom Katsouleas critiques the declining public trust and degrees in American higher education despite high spending. Driven by cost, value, and inclusion issues, students face massive debts that delay major life milestones like marriage and housing. Public universities have increased tuition to compensate for shrinking state budgets, while investing in luxury facilities and high-end services. In graduate education, US research programs depend heavily on international students—primarily from China—for STEM fields. However, rising immigration hostility and aggressive geopolitical competition are reversing this brain drain, while perceived progressive bias further polarizes public trust. (9)The Strategic Vanguard: Hezbollah's Regional Reach, Ceasefire Probing, and Lebanese Shia PoliticsDavid Daoud outlines the strategic dynamics of Hezbollah in Lebanon. Hezbollah is currently launching pinprick probing attacks to test Israel's rules of engagement under ceasefire constraints and US pressure. Within Lebanesepolitics, the Shia community remains structured around a symbiotic relationship between the nationalist Amal movement and Hezbollah, preventing any independent Shia opposition from gaining ground. Beyond Lebanon, Hezbollah acts as the tip of the spear for Iranian expansionism, training regional proxies in rocket, tunnel, and propaganda warfare. This veteran, transnational expertise makes Hezbollah an indispensable regional asset that Iran would find impossible to replace. (10)The Silent Drip: Structural Remedies for America's $40 Trillion Debt CrisisThomas Savidge addresses the economic implications of the United States crossing the $40 trillion national debt threshold, fueled by pandemic spending and mandatory entitlements. This massive debt competes with private capital, driving up consumer borrowing rates and depressing real wages through inflation. To halt this slow economic drip, Savidge proposes a "fiscal constitution." This includes strong constitutional amendments, Colorado-style spending caps tied to population growth and inflation, a silent-approval budget commission to enact spending cuts, and strict regulatory limits on the scope of government authority to prevent accounting tricks. (11)

CAPTION: 1900 PRINCETON CANE RUSH.Higher Education in Crisis: Rising Debt, STEM Brain Drain, and Political PolarizationTom Katsouleas critiques the declining public trust and degrees in American higher education despite high spending. Driven by cost, value, and inclusion issues, students face massive debts that delay major life milestones like marriage and housing. Public universities have increased tuition to compensate for shrinking state budgets, while investing in luxury facilities and high-end services. In graduate education, US research programs depend heavily on international students—primarily from China—for STEM fields. However, rising immigration hostility and aggressive geopolitical competition are reversing this brain drain, while perceived progressive bias further polarizes public trust. (9)

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According to Nepali authorities, at least 900 workers at hydropower projects all along the river are unaccounted for,  and there is a belief some number of them might be trapped inside tunnels connected to the facilities. Anderson visits two different sites where those rescue operations are underway, and he speaks to Nepal's first female helicopter captain, Priya Adhikari, who has already flown around 100 rescue missions in the last few days since the flood. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alibaba raised $10 billion in a share sale this week specifically to fund AI expansion, then immediately launched its Wan3.0 AI video model — a signal that Chinese tech giants are moving fast and spending big to compete with US rivals. We examine what this capital deployment means for the global AI arms race, competitive dynamics, and whether US investors should be paying closer attention to Chinese AI.Today's Stocks & Topics: Cameco Corporation (CCJ), Market Wrap, The Utility Sector, Themes Humanoid Robotics ETF (BOTT), Global X Robotics & Artificial Intelligence ETF (BOTZ), ROBO Global Robotics & Automation Index ETF (ROBO), MSC Industrial Direct Co., Inc. (MSM), Alibaba's $10 Billion AI Bet: What China's Tech Giants Signal About the Global AI Race, Good ETFs to Invest In, Genpact Limited (G), Autodesk, Inc. (ADSK), August Gas Price Milestone.Advertising Inquiries: https://redcircle.com/brands

Happy Monday Degenerates!! Song Yadong saved the week and we move to 9 in a row!! I further solidified myself as your Bantamweight King. We are a little sleep deprived but this train strops for nobody! We are headed to Paris this week so buckle in and grab a drink!Guest: Brandan OlivasTwitter (X): @BwantstoknowFollow me!Twitter (x): @DieHardMMAPodInstagram: https://www.instagram.com/diehardufc/Facebook: https://www.facebook.com/DieHardMMAPodcastBlueSky: @diehardmmapod.bsky.social0:00 Intro & UFC Shanghai Recap8:33 Delphine Benouaich vs Sofia Montenegro16:18 Fabia Sintes vs Michael Aljarouj22:11 Oumar Sy vs Modestas Bukauskas30:26 Mario Pinto vs Ryan Spann36:40 Nora Cornolle vs Klaudia Sygula42:46 Luis Felipe Dias vs Matthieu Duclos49:46 Kurtis Campbell vs Trevor Peek58:58 Punahele Soriano vs Daniil Donchenko1:04:03 Morgan Charrière vs Felipe Lima1:10:58 Losene Keita vs Muhammad Naimov1:15:50 Michael Page vs Nursulton Ruziboev1:23:10 Fares Ziam vs Axel Sola1:29:54 Salahdine Parnasse vs Dan Hooker

Jill and Tom open the show discussing Ford's decision to import from China the compact Lincoln Corsair, this after briefly dropping the model due to manufacturing complications here in the U.S. The hosts go on to discuss news that Acura will be bringing to the North American market a 3-row crossover larger than the brand's popular midsize MDX. Note that the MDX is also offered with a 3rd seating row, though the accommodations are less than generous. Also discussed in the first segment is Nissan's plan to pull ahead the launch of the redesigned Rogue compact crossover. Already rescheduled from a mid-2027 rollout to a January introduction, the Rogue is now expected as early as this September. Listen in to learn why this updated crossover is so important to the Japanese carmaker. In the second segment the hosts welcome Tim Esterdahl of Pickup Truck plus SUV Talk (pickuptrucktalk.com). Tim shared insights into the massive ongoing Toyota-truck V6-engine recall, which will in some cases require a complete engine replacement. How long does it take to replace a truck engine? Listen in for details. Tim also shares news regarding his new WeTalkCars.com project, which expands his coverage beyond trucks and crossovers, and will include car reviews, consumer information, and buying guides. In the last segment, Jill is subjected to Tom's "Ten Years Later" quiz. Tom also shares some insights regarding EV startup carmaker Lucid, and its construction of a car factor in Saudi Arabia. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nine more pharmaceutical giants join the fold, bringing the total to 26 companies covering 90% of the domestic drug market, and Trump calls it the biggest medical announcement of his presidency, maybe of any presidency. RFK Jr., Dr. Oz, and Commerce Secretary Howard Lutnick each take turns explaining how "Most Favored Nation" pricing flips America from paying the highest drug prices in the world to the lowest, with projected savings north of $600 billion. A parade of pharma CEOs step up to announce Medicaid discounts, billions in U.S. manufacturing investment, and donations to the national drug stockpile, while GLP-1 weight loss drugs and IVF medications get singled out for dramatic price cuts. The Q&A afterward wanders well past pharmaceuticals, into Iran's military status, a massive Venezuela oil deal, interest rate frustrations, and China's upcoming state visit. Dense, numbers heavy, and genuinely wide ranging, this one covers a lot of ground fast.

In this episode of Verdict with Ted Cruz, Senator Ted Cruz and Ben Ferguson discuss reported Chinese bot farm activity targeting the debate over AI data centers, the political and economic implications of America’s AI race with China, and the Trump administration’s newly announced Venezuela oil agreement. They examine potential benefits for energy production and jobs, concerns surrounding government equity ownership in private ventures, and broader questions about national security, economic policy, and technological leadership. China-linked bot networks are reportedly pushing anti-data center narratives across social media, raising new questions about artificial intelligence, energy infrastructure, and U.S. competitiveness. At the same time, the Trump administration has announced a major oil agreement involving Venezuela and access to an estimated 65 billion barrels of oil, a move that could carry significant economic and geopolitical consequences. Senator Ted Cruz and Ben Ferguson examine claims that Chinese influence operations are attempting to shape public opinion against AI data centers by amplifying concerns about electricity use and water consumption. They discuss why AI infrastructure has become a national security issue, how public perceptions have shifted in recent months, and what they see as the stakes in the competition between the United States and China. The episode also explores concerns about power generation, grid capacity, and the role data centers play in supporting AI development across industries ranging from healthcare to manufacturing and technology. Senator Cruz argues that future projects should generate sufficient power to avoid burdening local communities while delivering tangible benefits to residents. Topics Covered: Reported Chinese bot farm activity influencing debate over AI data centers AI infrastructure, national security, and competition with China Electricity demand, power generation, and data center policy debates The role of AI in healthcare, industry, and technological innovation Trump administration announcement of a Venezuela oil agreement involving 65 billion barrels of oil Concerns about federal government equity stakes in private companies and economic policy implications Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

MeidasTouch host Ben Meiselas reports on Donald Trump's emerging global strategy and examines whether the stunning silence from Russia and China over Trump's Venezuela moves reveals a much larger "spheres of influence" plan involving Trump, Putin, and Xi. Meiselas connects the dots between Venezuela, the reported CIA meeting with Putin, and the new multipolar world order taking shape which will irreparably weaken the United States. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Iran and the US exchange fire for the first time in a month. The US said it destroyed two Iranian launchers on a small island in the Strait of Hormuz as they were preparing to deploy sea-mine rockets. Iranian state media later said Iran had responded with ballistic missile strikes on two US-operated airbases in Jordan. Also: As teams from Nepal, India and China work to reach people trapped by Wednesday's flash floods in the Himalayas, Chinese police say they've taken action against ten people for allegedly exaggerating the numbers of dead. In Korea the leader of the controversial Unification Church, otherwise known as The Moonies, has been sentenced to two years in prison. Han Hak-ja was found guilty of bribing South Korea's former first lady - the wife of the now ousted Korean president Yoon Suk Yeol - by giving her two Chanel bags and a diamond necklace worth nearly $60,000. And, scientists at a university in Australia are rearing an echidna hoping that the rare, egg laying mammal will help them answer fundamental questions about the evolution of pregnancy in other mammals.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk Photo: Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026. Credit: Reuters

ITU: Ready to break through your biggest business bottleneck? Apply to work with me 1:1 - https://impacttheory.co/SCALESign up for my AI Masterclass: https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=socialWhat's up, guys? Today, we have a truly mind-bending episode ahead with Drew, my incredible co-host, and we are attacking the biggest questions around artificial intelligence, cybersecurity, and global power in real time. Drew is a sharp thinker and dynamic conversationalist, and together we're diving deep into the realities of AI as a weapon system, data poisoning risks, and what regulation needs to look like as the arms race heats up.If you've been feeling overwhelmed by the pace of AI, the threat of global instability, or wondering how all these forces shape your freedom, your money, and your future, this one is not to be missed. We're breaking down everything from how easy it is to turn AI into a “Manchurian candidate” to why even the Fed and Treasury might be teaming up in ways that affect your personal finances. You are going to leave this episode with specific tactics you can act on AND a clarity of perspective on what's really happening behind the scenes in tech, politics, and culture.If you're ready to stop being confused by the headlines and start thinking for yourself, don't sleep on this one. And if this episode hits home, do me a favor—drop that review. That's literally what helps us get these conversations out to more people who want to play at the highest level.I'm Tom Bilyeu, and welcome to Impact Theory.Sponsors:Quince: Free shipping and 365-day returns at https://quince.com/impactpodElevenLabs: Book your demo at https://elevenlabs.io/impactpodButcherbox: Go to https://ButcherBox.com/IMPACT to get $20 off your first box, plus your choice of free ribeye, new york strip, or filet mignon in every box for a year — with free shipping alwaysQuo: ​​Try for free PLUS get 20% off your first 6 months at https://quo.com/impactShopify: Sign up for your free trial period at https://shopify.com/impactNetsuite: For the first time ever you can try NetSuite Next for free. If your revenues are at least in the seven figures, go to https://NetSuite.ai/Theory.Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Pique: 20% off at https://piquelife.com/impactSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What can ten dimes do? For Osceola McCarty, they represented a lifetime spent washing other people's clothes—and a quiet act of generosity that would eventually change the lives of more than a hundred students. Discover how a Mississippi laundress who left school in the sixth grade saved a remarkable fortune and created an educational legacy that continues growing decades after her death. Then, when developers decided one stubborn little house stood in the way of progress, its owners refused to budge. What followed was a three-year standoff that left their home balanced atop a towering pillar of dirt in the middle of an enormous construction pit. It became one of China's most famous “nail houses” and sparked a national debate over property rights, eminent domain, and how far powerful developers will go to hammer down the people standing in their way. Generosity measured in dimes and defiance measured in feet above a construction site. It's The Box of Oddities! Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for Aug. 31. The U.S. strikes Iranian targets near the Strait of Hormuz, sending oil prices higher on concerns of a flareup in fighting. Plus, as the leaders of Russia and China converge against the West on supporting Iran, WSJ's Thomas Grove explains how their fortunes are diverging, with Beijing holding Russia's economy hostage. And a look at how President Trump's China tariffs have propelled Vietnam's economy, as manufacturers shift production. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CAPTION: 1857 CHINA WITH CHILDPiero Tozzi explores China's severe demographic crisis resulting from the legacy of the totalitarian one-child policy enacted in 1979 and officially lifted in 2015. Despite transitioning to a three-child policy, fertility rates continue to plummet due to youth disillusionment. The gender imbalance has catalyzed widespread female trafficking from neighboring countries, while a high proportion of single-child soldiers in the military creates unique domestic vulnerabilities in conflict scenarios. Young Chinese citizens are increasingly opting out of intense economic exploitation through passive resistance movements like "laying flat" and "letting it rot," directly challenging propaganda regarding national rejuvenation. (2)

In this episode of The Catholic Talk Show, Ryan is joined by JD Flynn of The Pillar to explore how powerful the Vatican really is. From China and Pope Leo's relationship with President Trump to the war in Gaza, they reveal how the Holy See influences world affairs through diplomacy and moral authority. 00:00 How Powerful Is the Vatican? 05:42 Why Does the World Listen to the Pope? 10:25 When Vatican Diplomacy Fails 14:32 Is the Vatican Too Naive? 21:33 Who Actually Runs the Vatican? 28:36 The Vatican's #2 Most Powerful Man? 30:37 The Vatican's Secretive China Deal 40:11 What an American Pope Changes 45:26 Why the Cardinals Chose Leo 49:32 Pope Leo vs. Trump? 53:59 Gaza, Pizzaballa & The Heart of All Nations Learn more about your ad choices. Visit megaphone.fm/adchoices

Keith explores how real estate strategies have shifted from the 1980s to today and explains why investors need to adapt deal structures to changing interest rates, lending conditions, and market cycles.  He highlights current opportunities in new construction and builder rate buydowns, along with the long-term benefits of fixed-rate debt.  Keith is joined by economic futurist and author Richard Vague, who challenges conventional beliefs about inflation and interest rates and explains how government intervention, war, and supply constraints shape asset prices and leverage decisions. Together, they provide a big-picture framework for understanding how today's macro environment affects real estate investing decisions. Episode Page: GetRichEducation.com/621 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold. Learn how dramatically real estate has changed from the 1980s through the late 2020s. We'll be sure that your approach is changing with it. Then a great guest and I discuss how war and future calamities will affect mortgage rates, inflation, and your real estate today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. In September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Home Buyers, the largest turnkey company in Memphis with more than 6,000 homes under management, for a free live webinar, the likes of which I've never done before. We're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth. Again, that September 30th. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth.   Speaker 1  1:35   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  1:51   Welcome to GRE from Cambridge, England, to Cambridge, Massachusetts, and across 188 world nations. I'm Keith Weinhold. You're inside Get Rich Education. You could be doing anything with your time. I'm grateful that you choose to listen to me every week. You know, real estate investors sometimes say, "Ah, there aren't any deals anymore. What they usually mean is the deal structure that they learned five years ago stopped working. There are always opportunities in real estate, but your approach changes with interest rates, lending standards, inventory, construction, government policy, and just the overall economic cycle. The best investors don't wait for yesterday's market to return. That's like someone still hoping for Blockbuster Video Store to reopen. They identify what today's market is offering instead. Just consider this historic retrospective on real estate investing from the Reagan administration to today, in 1981, the 30-year mortgage rate peaked above 18.6%. I mean, just imagine proudly telling your friends that you locked in at 17% before rates went higher. That mortgage needed its own defibrillator. By 1984, rates were still near 16%. The strategy then, the approach, was for a buyer to assume the existing owner's lower rate mortgage that they locked in a few years earlier, perhaps in the late 70s, that's how you got a good deal, assuming that existing owners lower-rate mortgage. You can't do that so easily today.   Keith Weinhold  3:50   By the late 80s and early 90s, the opportunity shifted from assuming attractive debt to buying distressed properties. The S and L crisis was upon us. Savings and loan failed lenders found themselves holding piles of distressed real estate, so investors bought foreclosures and REOs at discounts. They improved neglected buildings and then they repositioned them for income. You probably know that REO stands for real estate owned on a bank's balance sheet. All REO means is bank-owned property, but that's what you did. You found those, and then you scooped up a deal that way. As the 1990s progressed, interest rates declined, and loans also became really easy to obtain. We were tilting into the loosey-goosey easy lending environment. In the 90s, it was popular to buy an undervalued property, renovate it, raise the rent, and refinance it based on the improved value. That process later got a buzzy acronym and became known as the Burr strategy: buy, rehab, rent, refinance, repeat. By 2005, financing got more creative. This is when I was a new real estate investor. I remember obtaining what were known as 8015 five combo loans. This meant an 80% first mortgage, 15% second mortgage, and 5% down payment. You remember those? If you've been around for a while, you do. And see, this way you could avoid paying PMI, and you could control property with an astounding 20 to one leverage ratio due to that 5% down payment, but soon enough lending just got absolutely too creative and easy. The quiet lending party turned into a boisterous kegger, delivering the 2008 financial. crisis, and pretty soon I could no longer get any loans. From 2009 through the early 2010s, you could buy foreclosures and short sales at enormous discounts if you could find the loan.   Keith Weinhold  6:20   Financing was tough, but prices were super low. It might have even made sense to pay cash at that time. Fear was everywhere right after the global financial crisis. I mean, it really took courage to act when others were hiding under the bed. By 2020 and 2021, the opportunity changed from cheap property to cheap money. Mortgage rates dropped below an absurd 3% as a result of the COVID pandemic. You could lock up extraordinarily cheap debt for less than the inflation rate, and then let inflation nibble away at it like Pac-Man. Of course, a lot of us are still benefiting from that today, but that opportunity is long gone now. But it doesn't mean that deals are gone today. Where's the opportunity? One of the best ones is often found in new construction, large build. have got to keep moving their inventory as they build these homes because they have got to keep their crews busy. An unsold house for a builder-I mean-that produces as much income as an unplugged Bitcoin miner. Rather than make conspicuous price reductions, builders use their financial muscle to buy down mortgage rates for you, often in the 5% range or even lower.   Keith Weinhold  7:52   Builders might also offer you closing cost assistance, upgraded finishes, or other incentives that a single resale seller just can't match. So from the Reagan administration to today, over 45 years, the winning strategy just keeps morphing. It started out back then as assume the loan, over to buy distress, then to renovate and refi, then it was a creative financing wave, and then cheap debt, and today take the builders buy down. That's where we are. The mistake is deciding in advance what a deal is supposed to look like. The best deal structure changes, and of course, it's going to change again. The investor who keeps fighting the last war is always going to conclude that the opportunity has disappeared, but it hasn't. It's just changed clothing. Still, though, today's new purchases now-they're not as good as the deals that they were five years ago, but the best investors keep investing. They keep adding to their portfolio. It's what they've always done. Absolutely zero winning investors that are successful over time look back and say things like, "I didn't add anything to my portfolio during that 10-year span for this or that reason, the market changes, and you've got to adapt with it. That's a way to think about it. Take solace in knowing a few things. Deal structure changes over time are inevitable. And larger picture, you are investing in a product that is sustainable residential real estate in the form of long-term rentals. These entry-level properties are a scarce asset that people are going to continue to need. I mean, that's what we do here. Just compare. To the fads that we avoid around here, like NFTs, metaverse real estate, which we discussed on the show a few years ago, but said is highly dangerous, eye buying, value add apartment syndications, SPACs, or how about ICO funded altcoins? We don't chase the latest hot thing here at GRE. It is about what's sustainable, necessary, and cannot be easily disrupted by AI, and that's one reason that Get Rich Education is still standing strong after 52 episodes every year for almost 12 years now. Shortly, we're going to bring in a rather esteemed guest today on the future direction of interest rates and inflation. Interestingly, he believes that raising interest rates does not cool inflation, and that's contrary to popular belief. I'm going to press him on this and ask why, but first, our new Fed chair, Kevin Warsh. He's only been on the job a few months now.   Keith Weinhold  11:07   He is gaining a reputation for not forecasting what they're going to do ahead of time, like his predecessor had. I guess I tend to like his disposition and the way that he communicates, I sense some pragmatism with Warsh, but gosh, it often seems that a new Fed chair gets off to a well liked start, and then they do something that lots of people criticize. Like, remember in 2004, late Fed Chair Alan Greenspan suggested more borrowers could benefit from adjustable rate mortgages shortly before rates rose and ARM resets became financial landmines. In 2007, Ben Bernanke said that subprime mortgage problems were likely to be contained. Oh, right after that, they helped trigger the global financial crisis, and more recently, the Jerome Powell gaffe, which I'll mention in the interview shortly. Here's what current Fed Chair Warsh says about inflation:   Kevin Warsh  12:14   For some households, businesses, and market professionals, five years of high inflation have left a mistaken impression, that's hard to shake, that the Fed's implicit inflation target was somehow above 2% Let me reiterate, there is no soft inflation target. There is no soft implicit target, not on this committee's watch. There's only a target, and it's 2%   Keith Weinhold  12:42   It's obvious that he is serious about getting inflation back down to 2% That tends to point toward interest rate increases. Let's discuss that and more with this week's brilliant guest. This week's guest is an economic futurist keynote speaker, and he's quite a popular author. He is chair of the board of the Public School Employees Retirement System. That's the largest public pension fund in Pennsylvania. Previously, the Pennsylvania governor appointed him as the secretary of banking and securities for the Great Commonwealth of Pennsylvania, he's also the founder and president of several various organizations today, and he serves on several boards, including at the University of Pennsylvania and the School District of Philadelphia. I mean, I hardly know how he has time to do it all, but he made time for us today. Hey, it's great to welcome back Richard Vague.   Richard Vague  13:45   It's such an honor to be with you. I certainly enjoyed our last session, and it's really wonderful to be back.   Keith Weinhold  13:51   Well, and so much has changed since you were last here, Richard. First, why don't we pull back and talk to us about the general state of the national economy today, as you see it.   Richard Vague  14:04   ou know the economy was rocking along okay, and you know since you guys are such experts in real estate, I'll tell you one of the most important statistics, in my opinion, is the number of unsold homes, and by all rights, that number should be about 2 million homes. It's only about a million and a half. So there's a deficiency in our housing stock in the United States, which is, yeah, I think good news for the housing industry. It's always good to have a reason to have to grow. You may recall that in 2007, that had gotten up to four millinomes, which was a catastrophe, as we all know. So, it's the economic statistic I looked at first and most closely, and that was, you know, an okay number, and a lot of the things were going along. You know, not fabulous, but not terrible. Things were kind of moving. And all of a sudden now we have the war in Iran, and that's creating all sorts of problems for us, which you know I think you guys are concerned about. So I generally think the economy's been good, but there's a lot of dark clouds on the horizon.   Keith Weinhold  15:15   You know, Richard, I was recently sharing something remarkable with our audience. To your point, just since 2020, consider all the calamities that we've had: COVID, Ukraine, Israel, Gaza, tariffs, and the Iran War. Just since 2020, what's the result of all that? Both stocks and residential real estate are near all time highs.   Richard Vague  15:42   Yeah, well, you know, one of the things that's true is that this is something I go to in great detail in my book Paradox. But the more debt there is, the higher asset prices go.   Keith Weinhold  15:53   Yeah.   Richard Vague  15:54   You know, in the case of housing, that broadly helps middle America. In the case of the stock market, the top 10% of the country owns 87% of the stocks, so that tends to go to the wealthiest instead of to the broad population. But yeah, those two things are at highs.   Keith Weinhold  16:12   You're touching on your well-received 2023 book, The Paradox of Debt, and you know, Richard, amidst all these calamities and all this potentially unprecedented level of government intervention that we've had-you know-it makes one wonder during the next crisis, which is inevitably going to happen, will the government just step in and provide relief again? And how would that look?   Richard Vague  16:38   You know, I think that's one lesson that government has learned indelibly. Way back in 1929, in the couple of years that followed, the government did not step in, and we saw what happened. And I think there's a generation of economists that understand the role of government in a calamity, and you know it's pretty simple. You know the government comes in and crops up financial institutions as they did in 2008, simply by providing the liquidity or buying the bad assets, or the government steps in with relief checks as they did in such a massive way in 2020. But the government has learned that at least to some degree, it needs to intervene. I can't imagine that ever not being true.   Keith Weinhold  17:26   Goshmright when you think about 2020s stimulus and how emergency lending facilities were set up, you had the payment protection program, stimulus checks, mortgage loan forbearance. It's just like this government won't let the asset holders fail.   Richard Vague  17:46   Well, yeah, you know, there's failure, and then there's something that's hurtful but not quite failure. You know, I can imagine that the government will be able to prevent, in some circumstances, certain asset prices going down some amount, it's actually fairly commonplace for stocks to go down 10 or 20% I can see real estate prices going down as they have in the commercial office space. Yeah, but yes, the government will step in when those things become extreme to prevent a true calamity.   Keith Weinhold  18:19   Of course, one consequence of the interventionism is elevated inflation. I know how you've talked before about how the level of inflation is higher than most people think. For example, you'll see today's CPI numbers in the mid threes. Talk to us some more about why inflation is higher than most people think.   Richard Vague  18:41   Well, I have studied inflation, you know, fairly diligently, and inflation really relates to the constriction of supply. And if you look over the 250-year history of the United States, we haven't had that many episodes of bad inflation, and they've always related to a constriction of supply. Most of them have occurred during a war when, for obvious reasons, you know, supplies are constricted. The big 1970s episode of inflation was because OPEC, which had so much more power back in those days, acted to you know punish the United States by constricting supplies, and the price of a barrel of oil went from $4 to $40 a barrel. Yeah, between 73 and 79. COVID was another instance where inflation related to constriction of supply. That was you know people couldn't go to the meat factory to cut meat. People couldn't go to the factories to build things, so all of a sudden our supplies were decimated, and we had a short burst of very painful inflation. Well, now we've got the straight of four moves, and that is impacting the price of oil. I think it's going to impact the price of oil more going forward because. Because we've been able to rely on reserves, both the U.S. has been able to rely on reserves, and China has been able to rely on even greater reserves. And you know we haven't seen the brunt of that, but unless something's resolved pretty quickly, I think in the fall and winter we're going to see even more problematic prices there. But we know agricultural prices and even the flow of commodities like wheat are constricted by the constraints in the Strait of Hormuz and, frankly, other waterways as well. Now, one of the things the numbers that you see reported tend to underreport inflation because it looks at a year-over-year number and doesn't really capture it if it's moved up more sharply in the last month or two. So we look at it on a month-by-month. We you know we break it down about as to as many parts as you can break it down into. But PPI, which is kind of a leading indicator on the eventual CPI PPI's producer price index, it was 4.7% this last month. That would suggest to you that things which are in the mid threes now, which is more higher than we want, you know, probably trending over. Maybe not next month, but you know, over the next three to six months, I'm not going to be surprised if the number's more in the four to five range. So, yeah, I think inflation's being somewhat underreported at the moment.    Keith Weinhold  21:29   The PPI being that harbinger of consumer prices, often four to six months down the road. And Richard, the last time you were here, when it comes to checking and controlling inflation, you said something so interesting. You said that higher rates, which is typically the response in order to try to quell inflation, higher rates actually do not lower inflation, and you did not get a chance to expand on that because we ran out of time. Tell us more about why higher rates do not reduce inflation.   Richard Vague  22:05   Well, I'm going to answer that a couple of ways. One of them is higher rates don't open the Strait of Hormuz.   Keith Weinhold  22:12   Right.   Richard Vague  22:13   You can put rates as high as you want, and it's not going to open the Strait of Hormuz.    Keith Weinhold  22:16   Chairman Warsch doesn't open the Strait. Yes, he doesn't get oil produce nothing.   Richard Vague  22:20   Strait of Hormuz.   Keith Weinhold  22:21   Yeah.   Richard Vague  22:21   And so we can do all we want to on raids, which is a very blunt instrument, and it's not going to address the supply constraints that are geopolitical and war related. So, if you want to curb inflation right now, there's two things to do. One of them's you know end the war with Iran, and the other is to kind of back off a lot of these tariffs that have become so problematic. I think there's a place for tariffs. I think there's certain things China's doing that you know a call for an appropriate level of tariffs. I'm not sure we should be big tariffs on Canada and some of these other places, which have the effect of increasing the cost of our farm equipment and cars and other things like that. So, if you really want to address inflation and address the things that truly underlie inflation, and if the second way I'd answer this is to say, go look at the debt, track the data from you know 1945 or 50. You know, we really look at the post World War II period as the place we really learn things from, and over that period, increased government spending has been accompanied by reduced interest rates and reduced inflation. So, reduced interest rates and reduced inflation have gone hand in hand, and rising interest rates and rising inflation have gone hand in hand, and it's a really easy thing to look at. We've got the data on our site, but there's only been three periods where you've had big shifts in government spending and rates. They're pretty easy to look at, and there's actually empirically an inverse relationship between rising interest rates and it's the opposite of what economists tell you.   Keith Weinhold  24:09   I think, in general, economists tell us that when inflation is high, you raise interest rates because consumer spending is about 70% of the economy, and those higher rates therefore incentivize people to be savers because they're getting paid a higher yield, keeping those dollars out of the economy, and they're less incentivized to be borrowers and expand the economy that way. I think in general that's why economists say that higher interest rates reduce inflation. Do you agree with that?   Speaker 2  24:40   Well, no, I don't, and the reason I don't is because when you look at the data, that doesn't happen. These are easy things to check, and what I would say to you is that rising interest rates increase costs, and you guys know that better than anybody in the world.   Keith Weinhold  24:56   With mortgages. Yeah.   Richard Vague  24:58   What do rising interest rates do to? Cost of your mortgage.   Keith Weinhold  25:02   Everything increased substantially.    Richard Vague  25:03   It has system prices at the grocery store. Well, the grocery stores have to pay our interest for their inventory. So the more intuitive and obvious thing is that rising interest rates increase prices. And by the way, if you and I were to go look at the data right now, which I look at almost daily, that we would see periods of rising interest rates correlate to periods of rising increased costs.   Keith Weinhold  25:29   Well, I'm glad you look at history because I often say here at Get Rich Education, if you want to know what's going to happen in the future, it's easy to have a hunch, but it's more important to look at history. Can you talk to us some more about how, over the long term, higher interest rates don't suppress inflation? If that's what you're saying,   Richard Vague  25:47   yeah. The greatest rise in inflation, you know, in my lifetime was the late 1970s.   Keith Weinhold  25:55   Yeah,   Richard Vague  25:56   and for the entire time that interest rates were going up, prices and inflation were going up, and it wasn't until interest rates started coming down that inflation started coming down. So we could look at any number of periods, and if you're going to argue the opposite, you need to go find me some data.   Keith Weinhold  26:15   Okay. Well, speaking in more modern times, in the last wave of inflation that we had, the CPI peaked at 9.1% in June of 2022. This is the whole famous Jerome Powell: inflation is only transitory. Oh shoot, no, it's not. I better hike rates. He did, and then inflation came down. Is it as simple as that cause in effect, or did something else make inflation come down post COVID.   Richard Vague  26:42   Inflation came down, and it came all the way down in July of 2022. It didn't come down gradually over six, 912, 18 months. You go look at the length monthly inflation. Inflation came all the way down in July of 2022, and stay has stayed down all the intervening period until very recently with the Iran War. July of 2022 was before there was a dramatic increase in interest rates.   Keith Weinhold  27:18   Right,   Speaker 1  27:19   that's simple.   Keith Weinhold  27:21   What caused inflation to come down? Then is it because supply began to arrive on the market again?   Richard Vague  27:27   People went back to work, started building things again.   Keith Weinhold  27:30   Producing.   Richard Vague  27:32   And the problem was folks had not been able to go to the factories and make things, and so we had a you know global supply deficit. Well, the nice thing about that is that you know money incends people to scramble back to work, make things again, and you know once they start doing that, and the Fed actually produces something they call the Global Supply Chain Pressure Index. You can get it on the Fed site. If you look at it, it's supposed to be kind of at zero, and anytime supply chains are disrupted, it shoots up. And any you know, any time the opposite happens, you know there's overcapacity. It goes down, and you can see exactly when supply chains repair is happening. So go look at the. It's called the GSCPI. It's on the Fed side. You'll see that global supply chains had largely started to be dramatically repaired in the spring and summer of 2022, and naturally, supply and demand works. All of a sudden, supply starts showing up, and prices go to hell.   Keith Weinhold  28:39   We're talking with economic futurist author and Pennsylvania's governor-appointed former secretary of banking and securities Richard Vague, more when we come back on the affliction of inflation, what this means for real estate investors, and more. This is Get Rich Education. I'm your host Keith Weinhold. What if you got your mortgage loans the same place I get mine. You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge. While it's on your mind, start at ridgelendinggroup.com. That's ridgelendinggroup.com.   Keith Weinhold  29:29   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866. That's family to 66866.    Dolph Derues  30:31   This is the king of commercial real estate, Dolph Derues. Listen to Get Rich Education with Keith Weinhold and don't quit your daydream.   Keith Weinhold  30:45   Welcome back to Get Rich Education. We're talking with Richard Vague. Richard is the founder and president of so many organizations today. He's the author of several popular economic books. He chairs the board of the Public School employees retirement system. That's the largest public pension fund in Pennsylvania. He's in a lot of places at once, seemingly. Richard, we're talking about inflation before the break. What is the right inflation rate?   Richard Vague  31:16   Well, like I said, inflation. If you look at the entire 250-year span of the United States has it been an affliction that has affected us that often? It is political kryptonite. So when it does happen, it steers our consciousness, and it you know certainly affects your industry. But you know, if we look historically, the Fed targets 2% It's not a bad thing to target. We never really have achieved that level for any length of period. I think if you look at it over the past several decades and take out the high inflation periods, it probably has averaged closer to three. So I don't think two to 3% is an inappropriate level, and I kind of suspect it'll be a level that typifies our future once we get past, if and when we get past this more.   Keith Weinhold  32:09   Yes, not long ago, I was looking at the history of the CPI or the CPI's equivalent, and over the last 100 years, the rate is about 3.2% and we haven't hit that government-mandated 2% target, which is stated right on the Fed's website. We haven't hit that for any month in about five years now, and this asset inflation, as we know, this disproportionately enriches existing asset owners, and it widens this inequality. Something that's more recently been known as the K-shaped economy, can you talk to us some more about this exacerbating wealth inequality?   Richard Vague  32:48   Well, you hit the nail on the head. Something on the order of 80% of all the net wealth held by Americans is in the form of two things: stock and real estate. If you want to talk about wealth, it's those two things, and those two things, probably 60 or 70% of all of those in the U.S. are held by the top 10% I think it's a single-digit number of those that are held by the bottom 50% So you know, if inflation and debt growth push asset prices up over time. It is a mathematical inevitability that the rich get richer faster than those in the middle and at the bottom, and that simply means inequality will increase through time. I believe that's structural. Unless you address that in very some very specific way it will continue.   Keith Weinhold  33:43   Inflation affects real estate investors more than it does the average person because we borrow these big pools of money often at 75 to 80% loan to value, and in a sense, although we know it's bad for general society, and we do think about the K-shaped economy. Of course, inflation benefits us because it debases our debt. But even if you're not a real estate investor, even if you just own your own home, you know, Richard, I really think it begs the question: Is a 30-year fixed-rate mortgage one of the best forms of debt ever created for ordinary Americans?   Richard Vague  34:22   The 30-year mortgage, which was created, you know, that started on that path in the 1930 s for the very reasons we all know and love, which is getting Americans to own their own home, and has been, you know, a game changer for the country, and truly one of the great things that's been done, and I hope it's something that we continue to defend and preserve.   Keith Weinhold  34:46   Well, that brings up leverage and the prudent use of leverage. As real estate investors, we have this benefit of getting all these 30-year fixed-rate loans without the threat of a. Margin call being made. We're not borrowing over in the stock market. When you sign your loan documents, it doesn't say that the bank can call your note due at any time, but one could take it too far. And when it comes to debt, I think that really begs the question: Where does intelligent leverage end, and then dangerous leverage begin. What's the border?   Richard Vague  35:25   Well, you guys are experts, and I'm not. But the very simple premise is starts with not overpaying for the property to begin with. It is not an exact science, but generally speaking, I think we can tell when prices are relatively high in a given market and or a given year and relatively low, and you you'd always want to kind of be at least in the middle or somewhat on the low end before you acquire a property. So that's step number one, and then step number two is really just giving yourself a buffer, you know. We saw in the global financial crisis that real estate loans were being made in some cases at 100% of value. Yeah, and frankly, we saw at least some episodes within that folks borrowing over 100% of value, and certainly they were very happy when that happened. But we know there's zero margin for error when you do that, and perhaps even a negative margin for error when you do that. So I would think, you know, you guys know better than me, but you know, I hate to borrow it much more than like 90% of value, maybe 95% if it's a smaller asset and you have a government guarantee, and if you can do it at lower leverage, you know, 70 or 80% of value, that's not a bad thing to consider. I tend to think in the real estate world that you know I've seen many investors, particularly in the commercial space, buy things with lower leverage, 50 or 75% But then, as the asset proves itself, they work with their lender to increase the debt-to-value ratio, you know, and get more money at it over time as it becomes an increasingly proven asset. So they migrate their way from 75% to 95% over time. I think that's a logical path.   Keith Weinhold  37:20   That acronym Ninja Loans, which were popular from about 2000 to 2007, that acronym Ninja means no income, no job or assets, and you might still get a loan of 110% of the value of the property. It was profligately irresponsible. Well, Richard, in a moment, I want to ask if you have a resource that our audience can follow along with you if they would like to do so. But before I do that, do you have any last thing that you would like to talk about? Maybe something that I did not ask you, whether it has to do with the general economy or real estate or interest rates or inflations. Is there something else that we should know?   Richard Vague  38:00   What I would do is just endorse your podcast.   Keith Weinhold  38:04   Thanks.   Richard Vague  38:05   You're approaching this in a very intelligent way, and you're very empirical, and I think your listeners are doing themselves a service by continuing to follow what you do. That's a really reasonable, secure, and yet bold path towards creating wealth, then I think you're to be commended.   Keith Weinhold  38:27   Oh, I appreciate the endorsement. I'm always blown away at our following, but you have some resources worth following as well. Tell us about that.   Richard Vague  38:36   Well, we do. We have a weekly video ourselves that it's about a five-minute video, and you can go to our website, which is tycos.com. So t y c h o s.com, and you know we have data on the site. If you're a real geek, you could go in and you can look at our macroeconomic data. You know, but if you're not, you can sign up for the video, and we come out with what we hope is a short but relevant video once a week talking on some aspect of the economy, and you know we'd love to have folks join that if they're interested.   Keith Weinhold  39:10   Well, it's valuable. I suggest you, the listener, check that out. Richard oftentimes turns conventional economics on his head, just like he did with us today, talking about how if there's higher interest rates, that does not necessarily mean lower inflation. Richard, it's been valuable as always. It's been great having you back on the show.   Richard Vague  39:30   It's an honor to be with you. Keep up the great work.   Keith Weinhold  39:38   In this remote interview, I got a beautiful look over Richard's shoulders there on the screen at Center City, Philadelphia, in the ornate buildings there. I will be in that part of the nation again shortly. Big thanks to Richard Vague. If you're looking him up, it is spelled V-A-G-U-E. We've got a. A lot of terrific content coming up on the show over the next few weeks, including fresh takes on building your wealth that you've never heard before. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 3  40:18   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  40:46   The preceding program was brought to you by your home for wealth building. getricheducation.com  

Razor Wire News hosts Fitz and McShane recap a chaotic week mixing major geopolitical narratives with bizarre tabloid stories and show banter. Fitz wishes his mother a happy birthday, while they preview topics including a Venezuela oil deal, renaming Lake Ontario as “Lake of America,” and intensified China-related narratives (election manipulation, audio hijacking, bot farms, and data-center issues). They discuss U.S.–Canada tariff disputes, claiming longstanding Canadian tariffs are higher than U.S. increases, and suggest Alberta may separate from Canada due to oil restrictions. They argue the Venezuela deal undercuts China and Russia, could help refill the SPR, and better matches Gulf Coast refinery needs, though they disagree on near-term gas-price impacts and note U.S. infrastructure limits. They cover claims the FBI eliminated a 1.8 million DNA-forensics backlog but question how and what it means for investigations. The hosts react positively to reports of tax crackdowns targeting George Soros nonprofits, the Southern Poverty Law Center, and CAIR, while noting Scott Bessent's past ties to Soros. Other topics include Portland Antifa labeled domestic terrorists, a Tibet–Nepal glacier flood disaster with large death and missing counts, and skepticism toward climate-change framing. Lighter segments include beer reviews (a disappointing pumpkin-spice scotch ale, Dragon's Milk Coconut Rum Barrel Reserve, and a Russian Imperial stout), a “fart corner” classroom story, a Los Angeles proposal for homeless sexual-relief clinics, masking hours at San Francisco's Exploratorium, Pennsylvania Gov. Shapiro's disputed measles-death claims, cosmic-radiation links to flight attendant breast cancer and weakened magnetosphere concerns, and a debate over human pheromones and “pheromone maxing.” Jefe joins for rapid-fire questions, roulette anecdotes, and a “farm report” on unusual foods eaten worldwide.Become a supporter of this podcast: https://www.spreaker.com/podcast/razor-wire-news--5683729/support.www.razorwirenews.com

Juan Camilo Montaña @juancamillos es un empresario colombiano que lleva más de veinte años haciendo algo que parece difícil de explicar: convertir relaciones en oportunidades extraordinarias. Se fue a China con poco dinero y sin hablar mandarín, construyó desde cero una empresa de comercio exterior, vendió desde patas de pollo hasta obras de arte y terminó convirtiéndose en una pieza clave para llevar el legado de Fernando Botero a algunos de los lugares más importantes del mundo. Ha vendido cerca de 200 obras del Maestro por más de 150 millones de dólares y, en el camino, ha construido relaciones personales con decenas de billonarios y algunas de las familias empresariales más influyentes del planeta. Pero Juan Camilo dice que su verdadero negocio no es el arte: es enriquecer la vida de las personas. En esta conversación hablamos de tomar oportunidades para las que no estás preparado, de aprender a pedir lo imposible, de lo que descubres sobre el dinero cuando convives con quienes ya lo tienen todo y, sobre todo, de por qué el capital relacional puede terminar siendo mucho más valioso que el capital financiero.Por favor ayúdame y sigue Cracks Podcast en YouTube aquí.“El capital relacional termina generando capital financiero, pero el capital financiero rara vez genera capital relacional.”- Juan Camilo Montaña @juancamillosComparte esta frase en TwitterEste episodio es presentado por Aeroméxico, la aerolínea más puntual del mundo y por Ford, la marca de autos que te da la certeza de que tienes la ingeniería, la tecnología y el respaldo para avanzar.Qué puedes aprender hoyCómo construir capital relacional desde cero Cómo vender obras de un millón de dólares Cómo detectar oportunidades de negocio en lo que todos los demás descartan Cómo ganarte la confianza de billonarios sin convertirte en un aduladorCómo diseñar una experiencia inolvidable para alguien que ya tiene todo el dinero del planeta*El año pasado tomé más de 70 vuelos con Aeroméxico.Cuando viajas tanto como yo, hay algo que se vuelve absolutamente crítico: la puntualidad.Para mí, cumplir mi palabra significa llegar a tiempo.Aeroméxico fue reconocida por segundo año consecutivo como la aerolínea más puntual del mundo, según el On-Time Performance Review 2025 de Cirium.Estamos hablando de 90% de puntualidad en casi 190 mil vuelos, superando incluso a aerolíneas como Qatar.En una industria donde mantener más de 85% ya es difícil, esto no es casualidad.Es operación, disciplina y excelencia.Y para quienes vivimos viajando, eso significa confianza para seguir avanzando.Conoce más en cracks.la/aeromexico*Hay un momento muy particular antes de tomar una gran decisión.Ese instante en el que sabes que estás listo… pero aún no has dado el paso.Ford llama a ese momento Ready, Set, Ford.Es la confianza que necesitas antes de acelerar:la certeza de que tienes la ingeniería, la tecnología y el respaldo para avanzar.Ya sea que estés construyendo un negocio, explorando nuevos caminos o simplemente buscando sentir la emoción de conducir, Ford diseña vehículos pensados para acompañarte en cada desafío.Ready, Set, Ford.Conoce más en cracks.la/fordDime qué piensas del episodio. Ve el episodio en Youtube

Is China trying to bail out it's beleaguered real estate market? That seems to be the case with the latest schemes aimed at stabilizing the sector. The timing isn't a surprise nor is the degree of help Beijing aims to offer given the state of banks and the economy over there. Eurodollar University's conversation w/Steve Van Metre----------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider----------------------------------------------------------------------------------Eurodollar University Live 2October 9-12, West Palm Beach, Florida40 seats exist. Application only.https://eurodollar-university.com/edu-conference-2026----------------------------------------------------------------------------------https://www.facebook.com/Canal.Macau/videos/back-in-china-fresh-property-easing-measures-across-chinas-top-tier-metropolises/2113122509290529/https://www.youtube.com/shorts/AeVh2LvDwOMhttps://www.cnbc.com/video/2025/11/26/chinas-property-sector-will-be-significantly-smaller-deflation-fixed-asset-investments.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu

Last time we spoke about the beginning of the Battle of Hong kong. Japan's rise as a threat to British interests accelerated through the 1920s and intensified after invading China. Britain's response remained contradictory—diplomatically conciliatory yet militarily apprehensive. While Singapore and Malaya received substantial reinforcements, Hong Kong was acknowledged indefensible, yet the 1936 Defence Scheme attempted to fortify it as an island fortress. Governor Northcote urgently advocated evacuation, recognizing the futility of defense. London rejected this, fearing it would demoralize China and forfeit sovereignty claims. Reinforcement requests from commanders like Grasett fell on deaf ears until Grasett independently lobbied Canadian leaders. This persistence finally convinced Churchill to dispatch two additional battalions. On December 8, 1941, Japanese forces attacked across three fronts with overwhelming force. Within hours, the RAF was destroyed on the ground, demolitions proved ineffective, and British units rapidly retreated toward the Gin Drinkers Line, facing an enemy that outnumbered and outmaneuvered them from the opening moments.   #217 The Battle of Hong Kong Part 2: the Island Aflame Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. Around 1500 hours on 9 December, Colonel Doi of the 228th Regiment arrived at Needle Hill, just north of the Gin Drinkers Line, ahead of his main force. For two hours he studied the British defensive positions through binoculars, noting trenches and bunkers—and to his surprise, washing lines fluttering with white clothes. The sight spoke volumes about the 2 Royal Scots' lax discipline. Then fog descended, reducing visibility to barely twenty meters, and heavy rain obscured the landscape. Doi sensed a fleeting advantage but lost radio contact with his battalions. Worse still, the Shing Mun Redoubt lay outside his regimental boundary, making an unauthorized attack a serious breach of protocol. When his units finally arrived, supporting artillery remained unavailable, held up by demolished roads. Doi chose to attack anyway. Doi ordered the 2nd Battalion to scout the eastern approach while the 3rd Battalion spearheaded the main assault. Major Nishiyana commanded the 3rd, sending Lieutenant Wakabayashi and Kasugai with 150 volunteers to lead. The Shing Mun Redoubt itself comprised five concrete pillboxes and an artillery observation post, connected by underground tunnels named after London landmarks—Piccadilly, Haymarket, and others. The whole complex sat on small rises above Jubilee Dam, then the British Empire's tallest. Defending the redoubt was A Company, 2 Royal Scots, under Captain Jones—just three officers and 39 men. One platoon of 25 soldiers under 2nd Lieutenant Thompson held the forward positions. Against this stood 150 Japanese attackers, with another 1,500 troops in reserve. Battalion orders forbade using the concrete works as fighting positions; they were meant for the Vickers machine-gun team and artillery protection. No mines could spare the redoubt's perimeter. On the night of the 9th, roughly half the defenders sheltered in the observation post while the remainder manned pillboxes 401b and 402. At 2000 hours, Thompson led a nine-man patrol northward to check Needle Hill and Shing Mun Valley. Despite two and a half hours in the field, the patrol returned at 2220 hours without detecting the Japanese force massing just 500 meters away. By that time, Lieutenant Kasugai's assault group had crossed Jubilee Dam undetected, bypassed unmanned Post X, and assembled below Pillbox 401b. At 2200 hours, Japanese sappers cut through two lines of wire. At 2300—H-Hour—Lance Corporal Laird heard movement in the bushes and opened fire. The Japanese answered with grenades and rushed the pillbox lines. One team entered the tunnel system; another hurled grenades through the air vents. Corporal Campbell swung his Vickers toward Pillbox 401, catching Japanese headquarters personnel in the open. Sergeant Robb mustered a counter-attack force of thirteen men. Five fell as casualties—Laird, Basnett, Coyle, Casey, and Jardine. Casey was killed; only Jardine escaped. The alert triggered gunfire from the observation post's defenders, and Forward Observer Wilcox called down 4.5-inch and 6-inch artillery fire. Without strong reinforcement and leadership, four Royal Scots and an Indian sentry abandoned the northern positions and withdrew to the observation post. Captain Jones received orders from Brigade to counter-attack, but delegated the task to Thompson. As Thompson attempted to leave the observation post, he found the gate locked from outside. This calamity had a backstory: just before the attack, Thompson had admitted a civilian at the request of Force 163 (SOE's sabotage unit in Singapore). Private Wylie had taken the observation post key from Lance Naik Kishan Singh and, upon exit, locked the gate behind him. The three officers were now literally locked out of the battle. Second Lieutenant Mochizuki and his platoon infiltrated through open trenches and began attacking the observation post from above, attempting to breach the hatches. The defenders held for three hours before Japanese sappers forced explosives down the air vents. At 0230 hours, the blast killed two Indian signallers inside. Thompson sustained a severe eye wound from grenade shrapnel; Jones and Warrant Officer Mead were both wounded. The remaining fifteen defenders surrendered; eleven became casualties. Meanwhile, a Rajput patrol engaging Japanese forces in the river valley managed to drive them back toward the redoubt. One final pillbox endured for another eleven hours before suffering the same sapper treatment. By 0400 hours on 10 December, the entire redoubt was lost. For just two killed, the Japanese had achieved a decisive victory—the breakthrough that would shift the entire campaign's trajectory. By dawn, a Japanese flag flew triumphantly from Point 255.   Major-General Maltby's assessment was stark: "This was calamitous, for Shing Mun was the key to the whole of the left position." Yet the Japanese perspective differed sharply. Having achieved a breakthrough, Colonel Doi received astonishing orders to withdraw—his success had transgressed into the 230th Regiment's sector and violated the meticulously prepared war plan. Doi refused. After heated confrontation with Major-General Ito and Lieutenant-General Sakai, his insubordination was later censured, though a divisional staff officer, Oyadomani, bore the scapegoat's burden of rebuke for failing to restrain Doi's initiative. With Shing Mun secured, Doi methodically fed reinforcements into the position. Throughout December 10th, the Japanese remained uncertain of their advantage and adopted a cautious strategy, probing British lines to exploit the evident disorder. Brigadier Wallis ordered the Royal Scots to mount an immediate dawn counterattack supported by the Rajputs and artillery. Lieutenant-Colonel White demurred; his battalion lacked any reasonable prospect of success. The resulting counterattack proved half-hearted at best. At first light on December 11th, the Japanese pressed Golden Hill forcefully, only to be repulsed by Captain Newton's Rajputs and gunfire from HMS Cicala. White positioned D Company in shallow shell scrapes and rusted wire—inadequate defenses against Japanese assault. Captain Pinkerton led a desperate bayonet charge that morning, temporarily clearing the Japanese and enabling the evacuation of wounded. Yet B, C, and D Companies absorbed devastating losses; Captains Rose and Richardson fell commanding their positions. With the Royal Scots collapsing, X Company of the Winnipeg Grenadiers and armored support rushed westward to seal the widening gap along Castle Peak Road. Meanwhile, Maltby grappled with alarming reports: Japanese landings on Lantau Island southwest of Hong Kong. Heavy artillery drove them back. A second probe at Aberdeen, where Special Naval Landing Forces approached within 300 yards of the naval base, was repelled by Canadian machine-gun fire. In hindsight, these were mere feints—never intended as the primary thrust. The stratagem succeeded. Maltby retained his island reserves—the Middlesex and two Canadian battalions—precisely where they would be needed. Had Wallis executed a forceful counterattack on December 10th with the Royal Scots and brigade reserves, the Rajputs might have retaken Shing Mun while the Japanese remained disorganized. Instead, Colonel Doi faced a furious Sakai, who had flown down from 38th Division headquarters at Taipo for what amounted to a pre-court-martial examination. The moment passed. After only 48 hours of combat, Maltby concluded the mainland was indefensible. The three battalions would withdraw intact to Hong Kong Island to assume their fortress defense roles. The naval commodore objected—demolitions, supply transfers, and troop ferrying required more time. The evacuation order was deferred 24 hours until noon on December 11th. At that hour, the decision was finalized: the mainland would be abandoned under cover of darkness. Further demolitions followed—the China Light and Power Station, the cement works on Tsing Yi Island, the docks. Yet Brigadier Wallis believed this merely a precautionary measure; he anticipated holding the mainland for at least another week. The withdrawal avoided Kowloon's congested streets, where street fighting and fifth columnists might have entrapped the British—a calculation that proved prescient, as an IJA advance column of 350 men from the 3/230th infiltrated Kowloon on the morning of December 12th to cut off the retreating garrison. The Royal Scots and Canadians retired south to Shamshuipo Barracks and Jordan Road Pier in western Kowloon; the Rajputs and supporting gunners withdrew eastward to Ma Lau Tong, which anchored the fortified Devil's Peak Peninsula. Maltby intended to hold this commanding position permanently—it was easily supplied across the narrow Lyemun Strait. The evacuation proceeded largely as planned. The Canadians and Royal Scots embarked on the afternoon and evening of December 11th under Punjabi covering fire. The Punjabis faced a harder journey—a moonlit scramble along steep Kowloon hills laden with supplies but critically short of mules. One group lost its way at a crucial junction, splitting into two columns. One proceeded toward Devil's Peak as planned; Battalion Headquarters descended into Kai Tak Airport, threaded through Kowloon City, and was evacuated by Star Ferry at Tsim Sha Tsui, fighting until the final moment as the last man boarded. The Rajputs' commander, unable to reach his Punjabi counterpart, abandoned Ma Lau Tong for the closer Hai Wan line near Devil's Peak. By 0400 hours on December 12th, the Punjabis and one Rajput company, accompanied by the gunners of the 25th Medium Battery, crossed Lyemun Strait to Hong Kong Island. Morning evacuations continued with minimal Japanese interference—a surprising restraint. Naval support proved crucial. The withdrawal completed by the morning of December 13th, though 170 mules were lost to the desertion of Chinese laborers—a deprivation that would haunt the subsequent campaign. During this passage, the IJN attempted shore bombardment. The Japanese cruiser and supporting vessels found themselves outranged by the defenders' 9.2-inch guns. The damage inflicted proved sufficient to discourage future naval adventures; for the remainder of the battle, the IJN maintained a cautious distance and played only a peripheral role. The speed and execution of the withdrawal apparently caught the Japanese unprepared. Their most probable expectation had been a full-scale assault on Devil's Peak accompanied by heavy bombardment—a day earlier, an assault without artillery preparation had been driven back with severe losses. The British appeared stronger than anticipated. The defense of the mainland had lasted only five days. With the mainland secured, the Japanese pivoted toward Hong Kong Island. The first move was diplomatic rather than military. At 0900 hours on December 13th, a small boat bearing a white flag crossed the harbor. It carried Colonel Toda, Lieutenant Mizuno, Mr. Othsu Dak, and two European women—the prominent and heavily pregnant Mrs. Macdonald and Mrs. C. R. Lee, wife of the Governor's secretary, accompanied by her two dachshunds. The surrender terms were flatly rejected. Major Boxer delivered the written refusal personally. Mrs. Macdonald remained in Hong Kong to give birth; Mrs. Lee and her dogs returned to Kowloon. The Japanese commenced systematic shelling of selected targets. On December 13th, a 9.2-inch gun on Mt. Davis was silenced; Belcher's Fort sustained damage. The following day, a 3-inch mount on Mt. Davis was hit, killing Chinese gunners and triggering morale collapse; some deserted. On December 15th, the barrage shifted to the northern shoreline, deliberately targeting pillboxes. At 2100 hours that night, approximately three Japanese companies attempted crossing the harbor in rubber rafts toward Pakshawan but were driven off by machine-gun fire. Fifth columnists intensified their operations—signaling with mirrors, sniping from concealed positions, spreading propaganda to encourage Chinese desertion. Their impact might have been catastrophic had not Rear-Admiral Chan and Colonel Yee, armed with tommy guns and grenades, systematically eliminated many of these saboteurs. By December 16th, half the pillboxes between the racecourse and Lyemun Strait lay destroyed. The intended crossing site was unmistakable. On December 17th, the Japanese dispatched a second peace mission—Colonel Toda's team now accompanied by Mrs. Lee with her dachshunds and a pregnant Russian woman. Again, the overtures were rebuffed. On December 18th, the bombardment reached new intensity. Oil storage tanks ignited, sending dense black smoke cascading across the northeast corner of the island—perfect concealment for what was to come. All signs pointed to imminent assault.  I want to note something here, you sometimes hear about how race played a role in the Pacific War and indeed it did. Racist attitudes were found on both the western and Japanese side of the war. There is a fantastic book dedicated to this by the way called, War without Mercy by John Dower, highly recommend it. What is interesting is how these racial attitudes actually affected decision making during the war. Take General Sakai's night amphibious assault for example. Western soldiers such as the Canadians in Hong Kong reported they were told by their commanders that quote "Don't worry about the Japanese, they can't see at night, they all wear glasses" another Canadian soldier wrote in a diary "They don't see well, especially at night we knew this as a matter of fact." Indeed the week before the outbreak of the battle of Hong Kong, Canadian officers attending a briefing by a British officer were informed that "Japan's aircraft were mostly obsolete, its air force had little practice in night flying, and its pilots were myopic and thus unable to carry out dive-bombing attacks". You might be asking yourself, why did they think the Japanese were myopic? The scientific explanation of the day was this "That the Japanese suffered widespread inner-ear damage. What caused this? Japanese motherhood, the practice of strapping babies to their mothers backs, it was explained caused their heads to bounce about, like when they harvested rice and permanently impaired their sense of balance". I particularly love this quote, one of my professors dedicated an entire class to the bizarre racial attitudes before and after the pacific war. There was a belief the Japanese could not see well at night, many western air force commanders actually believed there were times of day like at dawn or dusk where Japanese pilots would not operate because of this hindrance. American military commentator Fletcher Pratt in 1939 analyzed Japan's military strengths and explained it had four major weaknesses. The first was scarcity of resources such as iron, and steel. The second was that the Japanese "can neither make good airplanes nor fly them well" as a result of " the Japanese as a race have defects of the tubes of the inner ear, just as they are generally myopic. This gives them a defective sense of balance, the one physical sense in which an aviator is not permitted to be deficient.". The third was that the Japanese were short-tempered and were inclined to waste men unnecessarily when operations did not go well. The fourth was that the Japanese would simply never date to provoke a war with the US. Again Mr Pratt was an American military commentator whose information came from multiple accounts given by high ranking military officials! The British military maintained that the Japanese avoided night operations on land because they were simply incapable of caring them out well, while they avoided nighttime aerial attacks, as well as dive-bombing for the same reasons Pratt said quote "their pilots were poor and their aircraft inferior.". So take this all to mind when I talk about how certain ranking officers go about making their decisions. By the evening of 14 December, evacuated mainland units had regrouped on Hong Kong Island. The defensive structure was restructured into two brigades: Brigadier Wallis commanded the East Brigade from Taitam Gap, while Brigadier Lawson headed the West Brigade from Wongneichong Gap. This reorganization placed the 5/7 Rajputs across the north-east perimeter, defending over 3,500 metres of coastline with B Company positioned on the hills behind Taikoo Docks. The Royal Rifles of Canada held the north-east corner from Stanley to points south, with reserve positions at Lyemun. Two HKVDC companies supported from Taitam Valley and Pottinger Gap, while the veteran Hughsiliers manned the North Point power station. British and Canadian artillery provided fire support across the northern approaches. The West Brigade held the north-western and south-western shores. The 2/14 Punjab stretched from Causeway Bay to Belcher's Point, protecting Government House and General Maltby's headquarters, with battalion headquarters at Mid-Level. The Winnipeg Grenadiers covered the south-west from Wanchai Gap, with one company detached to the brigade headquarters at Wongneichong Gap. The 2 Royal Scots, severely mauled at Shing Mun, were held in reserve with fresh replacements from the HKVDC. The Middlesex Regiment's companies were dispersed along 72 pillboxes encircling the entire shoreline, while an improvised Z Company of clerks, musicians and cooks defended battalion headquarters at Leighton Hill. Supporting artillery included 9.2-inch and 6-inch guns on Mt Davis and 4.7-inch guns at Belcher's Point. As darkness fell on 17 December, Japanese reconnaissance swimmers reached Taikoo, confirming the crossing site despite detection. Reinforcements arrived: 18 additional heavy bombers from Guangzhou and 26 fighters from Taiwan joined the aerial assault. The crescendo of artillery fire on the 18th, combined with masses of small craft gathering across the harbour, signalled the imminent invasion. Japanese divisional headquarters shifted to Ma Tau Wei near Kai Tak Airport; the 23rd Army moved to Taipo. The invasion force disposed itself with the right flank embarking from east and west of Kai Tak, the left from Devil's Hill area. At 1800 hours, the invasion order was issued; by 1930 hours Sakai himself arrived in Kowloon to oversee the crossing. At precisely 2000 hours, the 2/228th Regiment silently paddled their collapsible craft toward Taikoo Docks and the nearby sugar factory as artillery support commenced. Colonel Doi embarked with 80 headquarters personnel aboard a large barge, leading the second wave. The conditions favoured the invaders—a moonless night, sporadic showers, and thick black smoke from burning oil tanks obscured their movement. They reached the midpoint undetected before searchlights and machine-gun fire scattered the small boats, separating commanders from their units. Despite this chaos, the assault pressed forward. At 2140 hours the artillery shifted to deeper targets; at 2145 hours the first wave of 3/230th landed at North Point, followed minutes later by 2/228th and then 2/229th. Three red flares signalled a successful landing. All six Japanese battalions were ashore by midnight, though wire fencing delayed their advance and Bren carriers added to the confusion on the beach. General Sano arrived at Taikoo one hour later. The 5/7 Rajputs bore the initial brunt of the assault. Despite days of preliminary shelling, the Rajputs mounted a stubborn defence; Japanese casualties mounted rapidly. The anti-tank company suffered so grievously that only a single gun remained operational. The Japanese plan was tactical rather than frontal—bypass isolated positions for later elimination and push rapidly toward high ground. Overwhelmed by numerical superiority and losing most of their officers, Rajput resistance gradually crumbled. Contradicting all evidence, Maltby remained convinced the main Japanese assault would strike directly at Victoria from Kowloon. He therefore withheld the counter-attack, instead dispatching a platoon of Middlesex troops, Royal Marines, naval personnel, and the Rajputs' reserve company—supported by artillery—to establish a defensive line blocking the Japanese advance toward Central District. Three HKVDC armoured cars were sent to protect East Brigade headquarters; two more reinforced the Middlesex battalion headquarters. It was manifestly inadequate against six Japanese battalions. In post-war dispatches, Maltby conceded his grave miscalculation: he believed he faced at most two battalions, not a full division. As the 3/230th broke through D Company of the 5/7 Rajputs, the 2/230th came ashore nearby and wheeled westward toward Victoria. Their advance halted abruptly at the North Point power station, held by an extraordinary force: four officers and 36 men of the HKVDC Hughsiliers Platoon—alongside 39 civilian volunteers from China Light & Power and Hong Kong Electric, including the station manager Vincent Sorby—plus eight Free French soldiers commanded by Captain Jacques Egal, a Shanghai businessman turned soldier. Without exception, these men were World War I veterans, many aged 55 or older. Some had fought in the Boer War. Major J. J. Patterson, the Hughsiliers' commander, had served with Allenby's Camel Corps and been mentioned in dispatches six times; he was chairman of Jardine Matheson and a legislative councillor. Private Sir Edward Des Voeux, 8th Baronet, a millionaire bullion trader and secretary of the Hong Kong Club, had enlisted as a private when deemed too old for mobilization. Private T. A. Pearce, 67 years old, was chairman of J. D. Hutchison & Company and secretary of the Hong Kong Jockey Club. Captain Bruch, the second-in-command, aged 60, chaired a major trading house. The list extended through Hong Kong's business elite, each choosing to fight rather than flee. These old men held an entire regiment at bay. When Patterson called for aid, Maltby dispatched an HKVDC armoured car with a platoon from Z Company, 1 Middlesex, but the reinforcement was ambushed before reaching the station; only nine soldiers, including 2nd Lieutenant Caruthers, broke through. Unable to dislodge the defenders by assault, the Japanese resorted to bombardment. By 0145 hours on 19 December, surrounded and ammunition exhausted, the defenders withdrew to King's Road behind a disabled bus. The Japanese deployed three machine guns, killing or mortally wounding all but Private Geoghan. A Japanese officer, believing all dead, cautiously approached—only to have Geoghan, despite his wounds, surge from cover and charge. He killed the officer and four soldiers before collapsing from wounds. Somehow Geoghan survived. Those old men—civilians and reservists, businessmen and veterans—held the entire western Japanese advance for 18 hours, buying Maltby precious time to withdraw forces and establish a new defensive line. Their stand at North Point became one of the campaign's most improbable acts of defiance. As the 2/229th Regiment advanced southward toward Mt Parker, the 3/229th landed at Aldrich Bay and turned eastward toward Lyemun, where they seized an HKVDC 6-inch gun. Major Bishop of the Royal Rifles of Canada, unaware of the landings, dispatched 15 Platoon under Lieutenant Scott to check on A Company of the Rajputs. Unexpectedly, they encountered armed men in civilian clothes at Lyemun's gate—the first indication of the Japanese presence on the island. Yet senior officers dismissed initial reports of landings and lost positions as exaggerated, a critical miscalculation that proved catastrophic. At Lyemun Fort, the 5th Anti-aircraft Battery of the HKVDC was caught completely unaware and surrendered after minimal resistance. The Japanese then committed one of many atrocities that would characterize the battle, bayoneting 29 survivors. Alerted by 15 Platoon's report, Bishop attempted a counter-attack with two platoons to retake the fort, but the defenders could not scale the six-meter wall and withdrew with nine men killed. As the 2/229th pressed southward toward Mt Parker, they overran the Salesian Mission, which had been converted into an Advance Dressing Station. No. 8 Company of the 2/229th systematized a massacre of medical personnel and the wounded—an atrocity that would later become pivotal evidence at Colonel Tanaka's war crimes trial. Yet amid the chaos, several medical staff and wounded survived to testify: Gunners Y. K. Chan and Martin H. C. Tso of the 5th Battery, Captain Osler Thomas of the HKVDC, Captain Martin Banfill of the Royal Canadian Medical Corps, and Corporal Norman Leath of the Royal Army Medical Corps. C Company of the Royal Rifles, reinforced with captured Japanese machine guns abandoned by fleeing Rajputs, inflicted heavy casualties on the attackers, with one Japanese company suffering over 65 percent losses. Yet overwhelmed by superior numbers and suffering nearly two platoons worth of casualties themselves, the Canadians were forced to withdraw, leaving only a reinforcement platoon under Lieutenant Blaver on Mt Parker. When Captain Clerke arrived at dawn with 16 Platoon to reinforce the position, he found over 100 Japanese already entrenched. With no artillery support and only two platoons available, Clerke had no choice but to withdraw, abandoning Mt Parker to the enemy. By dawn on the 19th, the East Brigade faced catastrophe. Infantry strength had been halved, and losses of artillery were equally devastating. A series of misunderstandings and misinterpreted orders led coastal gun crews at Capes D'Aguilar and Collinson to destroy their own guns in confusion or lose them to the advancing Japanese. Of the entire artillery complement, only one 18-pounder and two 3.7-inch field guns remained operational. Wongneichong—literally "yellow muddy creek" in Chinese—occupies the center of Hong Kong Island, a valley separating the eastern hills (Mt Parker, Mt Butler, Jardine's Lookout) from the western massif (Mt Nicholson, Mt Cameron, Victoria Peak). This narrow gap formed the critical artery linking northern and southern Hong Kong, making Brigadier Lawson's decision to place West Brigade Headquarters there strategically sound yet tactically vulnerable. Recognizing the exposed position after the landings, Major Lyndon had located an alternative site south of Mt Nicholson, scheduled to open the following day. In response to the Japanese landings, Lawson dispatched three platoons of Winnipeg Grenadiers to block the advance. Lieutenant C. D. French took 18 Platoon to Mt Butler, Lieutenant G. A. Birkett's 17 Platoon moved to Jardine's Lookout, and Lieutenant L. B. Corrigan's platoon took the north-west approach to the Gap. As on Mt Parker, both French and Birkett were killed almost immediately, their small forces overwhelmed by battalion-strength enemy forces with artillery support. By morning on the 19th, two battalions each of the 230th and 228th Regiments were pushing for the high ground. The 2/230th rapidly occupied Jardine's Lookout while the 3/230th moved to Mt Nicholson and the 2/228th advanced toward the Gap itself. No. 3 Company of the HKVDC under Major E. Stewart held pillboxes around Jardine's Lookout, while No. 1 Company under Captain Penn defended Taitam Valley with forward positions at Quarry Gap. The pillboxes, despite heavy bombardment, held longer than anticipated—some for as long as 24 hours. Stewart maintained his company headquarters until the 22nd, four days of continuous fighting without adequate ammunition, food, or water. No. 3 Company suffered 80 percent casualties and ceased to exist as a cohesive unit. Realizing that the enemy had penetrated to Mt Butler, Brigadier Lawson decided counter-attack was essential. Major A. B. Gresham of A Company, Winnipeg Grenadiers, was ordered to retake Mt Butler and clear Jardine's Lookout. The Canadians initially succeeded, with Warrant Officer 2 J. R. Osborne leading a bayonet charge, but a strong counter-attack by three Japanese companies drove them back by 2200 hours. The Canadians held firm until 1500 hours, when Gresham attempted surrender despite waving a white flag—the Japanese shot him regardless. In the chaos that followed, a Canadian killed a Japanese officer in response, triggering a grenade barrage. Warrant Officer Osborne caught the grenades and hurled them back as fast as they came, but one landed in an impossible position. Without hesitation, Osborne threw himself on the grenade to save his comrades. This act of supreme self-sacrifice earned him a Victoria Cross—the first Canadian VC of World War II. At dawn on the 19th, Maltby dispatched A Company of the 2 Royal Scots under Captain K. J. Campbell to reinforce the Gap, but they lost all their officers with only 15 men reaching Lawson's headquarters. A group of sailors under Commander A. L. Pears came from the south, but were ambushed en route; only a few reached the Postbridge—a house just south of the Gap—which became an isolated strongpoint. The 3/230th captured the police station perched on a mound at the southern point of the Gap, then swept eastward to seize the anti-aircraft guns of 7th Battery (barely 250 meters from brigade headquarters) and continued uphill toward Taitam Hill to capture additional 6-inch and 3.7-inch guns. Maltby's response was to call down final protective fire from the HKSRA in Happy Valley, inflicting massive casualties on the 3/230th. At 1000 hours on the 19th, Lawson reported that his headquarters was surrounded and he was about to "go outside and shoot it out." Captain H. A. Bush provided covering fire as Lawson and his entire staff, including Middlesex signallers, were cut down by machine-gun fire across the Gap. Lawson's body was discovered two days later halfway up the hill behind his headquarters, dead from a gunshot wound to the thigh. Lieutenant Kerfoot of the 2/14 Punjab with his three Bren carriers arrived minutes too late to save him. IJA who saw the fight made a note stating "he died heroically". At 1330 hours on the 19th, Maltby issued "Operation Order No. 6" calling for a massive counter-attack to commence 90 minutes later. The plan was ambitious: A and D Companies of the 2/14 Punjab were to attack east from Victoria to North Point to relieve the Hughsiliers, while HQ Company of the Winnipeg Grenadiers and the 2 Royal Scots were to attack the Gap and Jardine's Lookout. Eight field guns were promised but never materialized. There was no reconnaissance, no proper orders, and minimal coordination. The Canadians were to rendezvous with the 2 Royal Scots at Middle Gap at 1530 hours, but the Scots were late; the Canadians advanced without them. Captain Pinkerton of D Company, 2 Royal Scots, was ordered at the last minute to attack up Wongneichong Gap Road—the same route A Company had taken only seven hours earlier and been decimated—because it was reported as "lightly held." Captain A. M. S. Slater-Brown led the advance with three Bren carriers and attached engineers, followed by D Company of the Winnipeg Grenadiers. Just as the carriers reached the burnt-out trucks of A Company, they too were ambushed. Mortars and machine-gun fire rained down from Jardine's Lookout, where the Japanese occupied captured HKVDC pillboxes. Slater-Brown and 2nd Lieutenant Bell, the battalion intelligence officer, were killed instantly. The Royal Scots waited in the roadside ditches until 0200 hours before launching an attack on the police station, reaching the steps before Pinkerton was severely wounded. Captain Ford's composite company attack at 0300 hours also failed. Simultaneously, C Company under Lieutenant F. L. Stanier attacked Jardine's Lookout—also unsuccessfully. This series of piecemeal assaults cost the Royal Scots eight officers and 68 soldiers. Growing increasingly desperate, Maltby ordered Major Hodkinson, Officer Commanding HQ Company of the Winnipeg Grenadiers, to attack the Gap and proceed to Mt Parker. Requesting reinforcements from A Company and the Royal Scots, Hodkinson launched his assault with covering fire from Lieutenant Corrigan on Mt Nicholson. The Grenadiers managed to reach Mt Nicholson with only five unwounded men, though Corrigan's group advanced to within 300 meters of the Gap road. Then came an unexpected stroke of fortune: while skirting Mt Nicholson, Hodkinson's group stumbled upon approximately 500 Japanese—probably from the 3/230th—eating lunch without posting sentries. The Winnipeg Grenadiers unleashed devastating fire, inflicting heavy casualties. By 1745 hours, Hodkinson's force was only 100 meters from Repulse Bay Road. With four men and a 2-inch mortar, Hodkinson worked his way to the abandoned brigade headquarters, bringing 20 walking wounded with him. He established a foothold at the Gap, receiving orders to attack the police station at 2200 hours. Two HKVDC armoured cars with Vickers machine guns came in support, but accurate enemy fire disabled both. Like Pinkerton before him, Hodkinson reached near his objective before being severely wounded. For this action of determination and courage, Hodkinson was awarded the Distinguished Service Order. By the morning of the 20th, the Japanese had consolidated control of the Gap, but elements of D Company, Winnipeg Grenadiers, still held various pillboxes north of the position. Initially, 17 and 18 Platoons occupied forward positions with Company Headquarters and 16 Platoon in reserve, positioned across Wongneichong Road almost directly opposite brigade headquarters. Forward positions were rapidly overrun and cut off from the company. They fought without officers until withdrawal to battalion headquarters became necessary. With Captain A. S. Bowman killed and Captain R. W. Philips wounded, command fell to Lieutenant T. A. Blackwood. An attempt by B Company to relieve D Company on the evening of the 20th failed catastrophically, killing all officers and 29 men. With fewer than 50 men remaining—all wounded—Lieutenant Blackwood continued inflicting heavy casualties on the Japanese until 22 December, when exhaustion and the complete absence of ammunition, food, and water forced surrender. D Company killed over 200 Japanese soldiers. Post-war Japanese reports refused to believe that a single company had held the Gap for so long. For their stubborn defense, Philips and Blackwood were awarded the Military Cross, and three enlisted men received the Military Medal. The battle of Wongneichong Gap was characterized by fragmented planning and poor coordination. On the night of the 19th-20th, no fewer than three separate companies attacked the police station, with another company assaulting Jardine's Lookout—all within five hours, all independently organized by local commanders. Had these disparate actions been coordinated into a single simultaneous assault, fortress headquarters' objectives might well have been achieved. By the end of the 20th, the British had lost the vital ground of Wongneichong, though Postbridge House remained as an isolated holdout. For the Japanese, Wongneichong became the single costliest engagement since the invasion began, with over 800 casualties and the regimental commander of the 3/230th seriously wounded. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me.   Japanese landings on 18-19 December overwhelmed the East Brigade. Brigadier Lawson died defending the vital Gap. Desperate, uncoordinated counter-attacks by British and Canadian troops failed to dislodge the enemy. D Company Winnipeg Grenadiers held the position for four days against overwhelming odds before surrendering. The Japanese suffered 800 casualties but secured this critical strategic ground.

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Think of an electric vehicle, and you'll probably imagine a Tesla. But China is the world's biggest EV exporter, despite being largely shut out of the US market. How has the country seemingly come from nowhere to dominate the world of electric mobility and how can its Evs be made so cheap? Presenter: Felicity Hannah Producer: Josh Martin(Photo: A man looks inside the Changan Deepal S05 REEV during a press conference for the unveiling of the Chinese model at the WesBank Festival of Motoring in Johannesburg, South Africa, August 27, 2026. Picture taken with a mobile phone. REUTERS/Nqobile Dludla)

Plus: High fuel costs and domestic competition hurt China's major airlines. And central bankers are warned of the threats posed by AI. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Deadly flash floods sweep through the Grand Canyon, leaving at least two dead and more than a dozen missing as rescuers brace for more dangerous weather. Meanwhile, monsoon season is hammering Utah — flash flood warnings hit Orangeville, Carbon County, national parks, and Lynndyl. We break it all down in today's Three Things, plus: a 75,000-person music festival could be coming to The Point in Draper, and tonight marks the last Salt Lake City sunset after 8 p.m. this year.   We discuss why many parents struggle to talk to their kids about money over other difficult discussions.   In News for the 1%: Manhattan's luxury rental market is booming with units hitting $100K a month, and it's easier than ever to fly private without owning a jet. Then, a new industry in China lets aging parents rent "adult children" — but what about the pain of knowing your actual adult child may never launch?   Travel segment: Shoulder season is shrinking and so are the savings; we've got U.S. destinations that feel like international getaways (no passport needed), and the TSA sparked backlash for telling passengers they can bring a hammock through security. Yes, a hammock.   We settle the Logan vs. Provo debate and answer the age-old rivalry: BYU Creamery or Aggie Ice Cream?   We end with the AI question of the day.   KSL Brightside streams live weekdays 12–3 PM. Catch the YouTube-exclusive live stream from 12–1 PM and listen on radio plus YouTube from 1–3 PM.   Follow KSL Brightside on social media! YouTube: https://www.youtube.com/@KSLBrightside Facebook: https://www.facebook.com/KSLBrightside Instagram: https://www.instagram.com/KSL_Brightside TikTok: https://www.tiktok.com/@ksl.brightside

Stijn Schmitz welcomes back Mario Innecco to the show. Mario is a Financial and Macro Economic Analyst, and Host of the ‘Manneco64 YouTube Channel’. Mario Innecco presents a compelling case that we are in the early stages of a secular bull market for commodities, driven by decades of underinvestment and a historic reversal in the bond market. He argues that the 40-year bull market in bonds, which began in 1981, is definitively over, and this shift will fundamentally reallocate capital toward hard assets like gold, silver, and other commodities. The core problem, he explains, is an unprecedented global debt bubble. Western nations, particularly the United States, are trapped in a debt-based fiat currency system where ever-increasing debt requires more debt issuance to service, creating a vicious cycle now exacerbated by rising interest rates. This situation, he believes, will force governments into financial repression, eroding purchasing power and driving investors toward gold and silver as timeless stores of value that cannot be printed. The discussion highlights Japan as a critical “canary in the coal mine,” with its carry trade and the potential repatriation of capital posing a systemic risk to interconnected global financial markets. Innecco suggests that the ultimate solution to this monetary instability will be a return to gold as a settlement asset, a move already being pioneered by China and the BRICS nations. He views the pure fiat currency era since 1971 as a historical aberration that is nearing its end. For investors, he sees significant upside not only in physical gold and silver but particularly in undervalued mining stocks, which offer substantial leverage. While gold and silver are expected to lead, he also notes strong potential in other commodities like copper, tungsten, and oil, all supported by supply constraints and the global trend toward resource sovereignty. Timestamps: 00:00:00 – Introduction 00:01:42 – Commodities Secular Bull Market 00:05:08 – Reversal of Financial Trends 00:09:04 – Gold and Silver Drivers 00:12:07 – Debt Based System Issues 00:16:05 – Inflationary Spiral Risks 00:19:28 – Japan Yen Carry Trade 00:26:25 – Gold as Government Solution 00:28:45 – China Gold Settlement Push 00:36:05 – Gold Remains Underowned 00:39:34 – Upside Scenario for Silver 00:42:30 – Miners and Portfolio Allocation 00:46:04 – Bonds and Real Returns 00:48:27 – Broader Commodities Outlook 00:50:58 – Concluding Thoughts Guest Links: X: https://x.com/maneco1964 YouTube: https://www.youtube.com/c/maneco64 Mario Innecco is a seasoned financial markets and macroeconomics analyst with over 25 years of experience in the industry. He began his career in private banking in Geneva, Switzerland, before spending two decades in the City of London, specializing in exchange-traded derivatives, government bonds, interest rates, and broader economic trends. During this time, he advised major financial institutions and corporate clients on market strategies and risk management. A dedicated proponent of the Austrian School of Economics, Mario founded the maneco64 YouTube channel in November 2015, which serves as a platform for alternative economics and contrarian views. Through his videos, blog articles, and social media, he educates a worldwide audience on the intricacies of the fiat monetary system, financial markets, and the enduring value of precious metals like gold and silver.

(00:00:00) INTRO (00:00:40) menú (00:02:30) anuncios (00:03:35) Meta a pagar pero solo si (00:20:40) Cuando el profeta pro tecnología de Bill Gates dice que hay que parar la tecnología (00:39:15) Patreon (00:54:20) Por Qué nadie odiaba a Dolly Parton (01:05:39) VIDEOS PARA PERDERLA (01:22:00) Cuando las 4 firmas auditoras más grandes del mundo pendientes de que China no las embarre (01:26:41) Las competencias que no te mostraron en las olimpiadas de robots (01:33:22) Las elecciones en Brasil traen sorpresas (01:45:12) El gobierno de Israel no se ayuda (01:47:52) Venezuela y Estados Unidos, y el petróleo, y un personaje. (02:09:16) La Gaza equivocada y 50 millones de dólares en condones enviado por Adriana Lopez (02:12:56) Lo de Ceuta no se ha terminado (02:15:54) Chile se pregunta de qué Derecha es Kast, yo bostezo (02:23:40) Por qué en la India hay un subsidio para la fiesta de la boda (02:35:07) EXTRA - La imaginación necesita desastre no bocetos perfectos INFORMACIÓN CENTRALIZADA SOBRE EL TERREMOTO EN VENEZUELA https://www.profesorbriceno.com/about-5 LE PUEDES COMPRAR A UN PANA LA SUSCRIPCIÓN CON TARJETA DE REGALO https://www.patreon.com/profesorbriceno/gift O COMPRAR UNA GIFT CARD DE PATREON EN https://rewarble.com/brands/patreon COMO DIJIMOS EN EL EPISODIO LA MERCH ESTÁ AQUÍ https://quesevayantodos-shop.fourthwall.com/collections/all EPISODIO COMPLETO Y PARTICIPACION EN VIVO EN https://www.patreon.com/profesorbriceno Las Grabaciones pueden verse en vivo en TWITCH ️https://www.twitch.tv/profesorbriceno SUSCRÍBETE AL PODCAST POR AUDIO EN CUALQUIER PLATAFORMA ⬇️  AQUÍ LAS ENCUENTRAS TODAS: ➡️➡️➡️ https://pod.link/676871115 los más populares SPOTIFY ⬇️   https://open.spotify.com/show/3rFE3ZP8OXMLUEN448Ne5i?si=1cec891caf6c4e03 APPLE PODCASTS ⬇️   https://podcasts.apple.com/es/podcast/que-se-vayan-todos/id676871115 GOOGLE PODCASTS ⬇️   https://www.ivoox.com/en/podcast-que-se-vayan-todos_sq_f11549_1.html FEED PARA CUALQUIER APP DE PODCASTS ⬇️   https://www.ivoox.com/en/podcast-que-se-vayan-todos_sq_f11549_1.html Si te gustó, activa la campanita   FECHAS DE PRESENTACIONES ⬇ ️ http://www.profesorbriceno.com/tour Redes sociales: ✏️Web https://www.profesorbriceno.com ✏️Instagram https://www.instagram.com/profesorbriceno/ ✏️X https://x.com/profesorbriceno ✏️Facebook https://www.facebook.com/profesorbricenoOficial/ #aburrido #profesorbriceño #noticias #política

A practitioner in China recounts a dangerous encounter with a police officer. Despite the officer's initial hostility, her calm demeanor resolved the situation. The experience prompted her to reflect on her attachment to fear and her responsibility to clarify the truth to her family, who had become influenced by the Chinese Communist Party's propaganda. This and other experience-sharing from the Minghui website.Original Articles:1. People Realize That Falun Dafa Is Truly Good2. Making Telephone Calls to China to Clarify the Truth To provide feedback on this podcast, please email us at feedback@minghuiradio.org

One decision in your first year of service can make you a military millionaire and most people never make it. In this long-awaited 2026 refresh of their most popular episode ever, Spencer and co-host Jamie break down the Thrift Savings Plan from the ground up: what it is, how the 5% match really works, Roth vs. traditional, the combat zone triple tax benefit, and exactly how much to contribute to retire with seven figures. Whether you just left boot camp or you're 15 years in and think you're too late, this is the no-nonsense TSP playbook for the modern service member. Questions Asked: What is the TSP, and how is it different from a savings account or a civilian 401(k)? How do the TSP and a Roth IRA work together — and why aren't they the same thing? How much can you contribute in 2026, and how much do you actually recommend? When does the government's 5% match kick in, and how do you avoid missing it? Can you contribute to a non-working spouse's IRA? Roth or traditional — which should most military members choose? What are catch-up contributions, and who are they actually for? How does the combat zone tax exclusion (CZTE) supercharge Roth contributions? I'm 10–15 years in under Legacy High-3 — is the TSP still worth it? What happens to my TSP when I separate or retire? How do the G, F, C, S, and I funds work, and what should I pick? What are Lifecycle (L) funds, and are they good enough? Is the TSP still a good deal on cost compared to Fidelity's zero-fee funds? What are your personal allocations? If I'm feeling overwhelmed, what's the one thing I should do? Main Topics Covered: TSP basics: employer-sponsored plan, Blended Retirement System (BRS) vs. Legacy High-3, and the 2018 transition The 5% match explained — 1% automatic + 4% after your 2-year mark — and why it doesn't count against your $24,500 elective deferral limit 2026 contribution limits: $24,500 TSP, $7,500 per person IRA, and the $72,000 combined limit The millionaire math: 20% (officer) or 25% (enlisted) to Roth TSP = a seven-figure account in 20 years Setting it up in myPay and tsp.gov, and why you should spread contributions across all 12 months Roth vs. traditional for military pay, and why Roth wins for ~90%+ of service members The combat zone triple tax benefit and tax-free re-enlistment bonuses New for 2026: Roth in-plan conversions and the military mega backdoor Roth Late to the game? Why it's never too late to start Keeping, rolling over, or consolidating your TSP after separation — and Guard/Reserve combined limits Breaking down all five funds (G, F, C, S, I) — including the I Fund's ex-China index change Lifecycle/target-date funds as the ultimate hands-off solution, and why chasing Facebook-group "gurus" backfires Costs, expense ratios, front-end load fees (looking at you, First Command), and the mutual fund window Rebalancing, interfund transfers, and tax-efficient asset placement Spencer's and Jamie's personal allocations, and why there's no perfect portfolio Resources Mentioned: The Military Money Manual: A Practical Guide to Financial Freedom (Amazon / militarymoneymanual.com) Tools at militarymoneymanual.com: MilTaxCaster: https://militarymoneymanual.com/military-tax-estimator/MilTaxCaster Cost/expense ratio calculator: https://militarymoneymanual.com/costs/ Roth TSP conversion calculator: https://militarymoneymanual.com/roth-tsp-conversion-calculator/ Contribution percentage chart: https://militarymoneymanual.com/military-tsp-match-max/  tsp.gov and FINRA.org (unbiased resources) Related episodes: #2 (original TSP) https://podcast.militarymoneymanual.com/ , #39 (mutual fund window) https://podcast.militarymoneymanual.com/39-2022-changes-to-the-tsp-mutual-fund-window-tsp-app-more/, #211 (Roth in-plan conversions with Brian "Alf" O'Neill) https://podcast.militarymoneymanual.com/roth-in-plan-conversions-tsp-with-brain-alf-oneill-211/  Tax Planning To and Through Early Retirement by Sean Mullaney and Cody Garrett Spencer and Jamie offer one-on-one Military Money Mentor sessions. Get your personal military money and personal finance questions answered in a confidential coaching call. militarymoneymanual.com/mentor Over 24,000 military servicemembers and military spouses have graduated from the 100% free, Ultimate Military Credit Cards Course available at militarymoneymanual.com/umc3 In the Ultimate Military Credit Cards Course, you can learn how to apply for the most premium credit cards and get special military protections, such as waived annual fees, on elite cards. Learn how active duty military, military spouses, and Guard and Reserves on 30+ day active orders can get your annual fees waived on premium credit cards in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3 If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual.

Massive news is making waves across the nation!

Massive news is making waves!

In a mildly confusing bit of podcast naming, Jared Turner sits down with comedian Turner Sparks. Turner moved to China in 2004 to teach English, planning to stay for just one year. He ended up staying for twelve.In this episode of You Can Learn Chinese, Turner talks about learning Chinese out of necessity, from struggling through everyday conversations with almost no shared language to using Chinese while building and running a business across China.Turner shares stories from his years in Suzhou and Shanghai, including launching Mr. Softee ice cream trucks in China, navigating local government and business culture, whitewater rafting with Chinese officials, and stumbling into stand-up comedy when a local bar owner built him a stage and told him he had a month to prepare.That hobby eventually became a career. After performing around Asia, Turner moved to New York City to pursue comedy full time, where his years in China, his Chinese-speaking wife and family, and the Chinese language itself continue to shape his comedy.Turner's path from English teacher to ice cream entrepreneur to full-time comedian is not exactly the standard Chinese-learning story. Join us for a funny and unpredictable conversation about China, Chinese, business, comedy, and the strange places learning a language can take you.Links from the episode:Turner Sparks | Website & Tour DatesFollow Turner | Instagram, YouTube, Facebook, TikTokMandarin Companion Graded Readers

How does a mother's love inspire her to keep searching for the quality autism services her son deserves? In this clip, Jie Bing Zhang talks about her autism journey, from receiving her son's diagnosis to supporting his independence as an autistic adult. Mrs. Zhang is one of our Global Autism Project partners and the founder of Huicong Children Rehabilitation Center in Nanchang, China. She is the mother of a 25-year-old autistic man.  Welcome to Autism Tips & Tools, where we highlight the best practical guidance from previous episodes of Autism Knows No Borders. Whether you're a self-advocate, a family member, or a service provider, there's something here for you! This conversation with Jie Bing Zhang was originally released on April 1, 2021. Would you like to hear more about autism awareness and services in China? Click the link below for the full conversation and be sure to subscribe to hear more from people connected to autism inspiring change and building community.  Empowering Parents in China, with Jie Bing Zhang Let's work together to transform how the world relates to autism. ----more---- We appreciate your time. If you enjoy this podcast and you'd like to support our mission, please take just a few seconds to share it with one person who you think will find value in it too.  Follow us on Instagram: @autismpodcast Join our community on Mighty Networks: Global Autism Community Subscribe to our YouTube channel: Global Autism Project We would love to hear your feedback about the show. Please fill out this short survey to let us know your thoughts: Listener Survey 

The US and Iran exchange fire for the first time in a month, as an oil tanker reportedly hits mines in the Strait of Hormuz. We look at what the renewed fighting could mean for oil supplies, shipping and the global economy. Also, China and Russia hold talks as world leaders gather for the Shanghai Cooperation Organisation summit. And after 15 years at the top, Tim Cook prepares to step down as CEO of Apple.Producer: Bisi Adebayo Presenter:Luke Wilson

In a recent deal, the US acquired a 55% stake in Venezuela's oil reserves, sparking a mix of excitement and skepticism. But what does this really mean for the country's energy security, and is it all just a clever PR move?This episode delves into the intricacies of the deal, exploring the complexities of Venezuela's oil production and the challenges of turning a tar-like crude into usable fuel. The speaker discusses the finer points of the agreement, including the 100-year commitment and the $107 billion in old bills that need to be paid. They also examine the role of China and Russia in the region and how this deal affects their interests.The conversation touches on the idea that the US is essentially buying a foothold in the hemisphere, with the Venezuelan government being the key to this deal. The speaker questions the assumption that this is a long-term investment, pointing out that the government in Caracas is not a stable entity. They also discuss the fact that the oil reserves are not as proven as they seem, with many of the barrels yet to be drilled.If you're interested in understanding the nuances of this deal and the implications for the US, tune in to this episode to hear the speaker's take on the situation.See omnystudio.com/listener for privacy information.

The US striking Iran for the first time in a month as the G20 kicks off and Secretary Bessent says the administration can keep the pressure on without China's help. Colorado AG and Democratic gubernatorial candidate Phil Weiser on his plan for data centers. Plus, Sarat Sethi's leader-to-laggard pick for the second half has already surged nearly 60% since July. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hysteria over data centers is not rational. It's us our China. The mines in the Strait? Psy op of the Iranians. Brandon Johnson racism. EVERYONE is considering a run for president in 2028. Costco in Westfield?See omnystudio.com/listener for privacy information.

Hysteria over data centers is not rational. It's us our China. The mines in the Strait? Psy op of the Iranians. Brandon Johnson racism. EVERYONE is considering a run for president in 2028. Costco in Westfield? JMV talking about the upcoming Colts season, and the of WR Keenan Allen. Today’s Popcorn Moment: Trump: ‘The Oil Is Going to Go Down Like a Rocket ... as Soon as We Win that War’. Cyclists protest Flock cameras in Indianapolis. How the war against Iran against needs to be won Get your tickets for Trivia night. Gerry joins to talk about Data Center moratoriums and the latest with NIPSCO. Markets react after latest hostilities. TV Theme Song: The Naked TruthSee omnystudio.com/listener for privacy information.

This week we celebrate the life and legacy of Dolly Parton; look at the tragedy in Nepal; Iceland as country of the week; the Cambridge professor of education attacking Western education;  Belfast City Council celebrating abortion;  the death of Yayoi Kusama;  the Canadian Broadcasting Corporation banning 9/11 being described as terrorism;  No.7 classical top ten - Saint Saens; The British tea spy in China; the real cost of Ed Millibands Net Zero; Feedback; Stella O'Malley on suicide; the decline of Paula White; and the Final Word - with music from Dolly Parton, Bjork; Sigurbrornson; Saints Saens;  and The Sensational Alex Harvey Band. 

At some point in the next decade, a historian is going to look at the first quarter of the 21st century from the perspective of the national security establishment and the blessings it had as it rose to global power status, and will publish the foundational reference book for those trying to understand that moment in time.Its primary rivals distracted and drained themselves in unnecessary quixotic quasi-imperial police actions, one in Central and Southwest Asia (U.S.A.), the other bled itself white attempting to reconstruct at least part of its predecessor's empire (Russia). All the while, its economy grew, its diplomatic influence expanded, and its military became an impressive, if untested, colossus.Yes, the People's Republic of China (PRC) had its problems and setbacks: demographic collapse, massive debt, economic fragility, and poor messaging—but so did its greatest competitors.In 2026, while most have been focused on the Iranian-Israeli-American conflict and the Russo-Ukrainian War rooted in unsolved issues from the end of the 20th century, the PRC continues its march forward into the future.Returning to the Midrats Podcast to discuss will be Dean Cheng.Dean is a Non-resident Senior Fellow, Potomac Institute for Policy Studies and Non-resident Fellow, George Washington University Space Policy Institute.He recently retired after 14 years with the Heritage Foundation, where he was a senior research fellow on Chinese political and security affairs, and wrote on various aspects of Chinese foreign and defense policy.Prior to joining the Heritage Foundation, he was a senior analyst with the China Studies Division (previously, Project Asia) at CNA from 2001-2009. Before joining CNA, he was a senior analyst with Science Applications International Corporation (SAIC) from 1996-2001. From 1993-1995, he was an analyst with the US Congress' Office of Technology Assessment in the International Security and Space Division, where he studied the Chinese defense industrial complex.He is the author of the book Cyber Dragon: Inside China's Information Warfare and Cyber Operations (NY: Praeger Publishing, 2016), as well as a number of papers and book chapters examining various aspects of Chinese security affairs.SummaryIn this episode, Mark, Sal, and Dean Cheng discusses China's strategic challenges, space ambitions, AI development, and regional influence, providing insights into China's long-term plans and global impact.Show LinksTo A Louse, On Seeing One on a Lady's Bonnet at Church, Robert BurnsGreat Wall, movie with Matt Damon2012, movie Himalayas Tsunami SceneRed Cliff, movie (the good one)Chapters00:00: Introduction and overview of China's global strategy02:38: Dean Cheng's background and China's long-term planning04:46: China's strategic challenges beyond the US06:04: North Korea's shifting alliances and regional dynamics08:06: Russia, China, and North Korea cooperation10:27: Chinese perceptions of US and regional threats12:25: Japan, Korea, and China's regional ambitions14:29: China's post-COVID strategic posture and influence16:03: China's national messaging and global image17:28: Xi Jinping's strategic vision and military buildup19:57: China's influence in the Pacific and Arctic regions22:42: Canada, Greenland, and China's northern ambitions31:00: China's space program and lunar exploration49:58: The race to the moon and space dominance54:46: Future of space exploration and international standards55:33: Long-term US space strategy and Chinese competition59:36: US and Chinese space efforts and collaboration01:00:26: Conclusion

The Cinema Columbus Film Festival has moved from May to September and it's an annual showcase for Ohio filmmakers.This year's topics are timely and topical, including a Columbus native of Haitian descent exploring the Haitian experience in America.Another filmmaker tells the story of Columbus through interwoven stories. An Ohio State University professor-turned filmmaker explores modern marriage and traditions in China. And that's just a sampling of what's in store.Guests:Brett Reiter, festival director of the Cinema Columbus Film FestivalLogan St. Hilaire, filmmakerClaudia Owusu, filmmaker

Taiwan and Australia battle China for primacy at the Pacific Islands Forum. Plus: Dubai Airports CEO Paul Griffiths on how a key aviation hub has managed to keep flying through conflict and remain confident in its long-term plan.See omnystudio.com/listener for privacy information.

La guerra de Ucrania ha entrado en una fase en la que ambos bandos atacan la retaguardia del contrario, pero el castigo no se reparte por igual. La retaguardia ucraniana es realmente la Unión Europea y el Reino Unido, que este año han aprobado un paquete de 90.000 millones de euros en ayuda y estudian otro paquete similar financiado con activos rusos congelados. Los centros logísticos del ejército ucraniano están realmente en Polonia, Alemania o Rumanía. Rusia, en cambio, paga la guerra con hidrocarburos que vende a descuento a China y la India, y sus aliados, Irán y Corea del Norte, están en la ruina. La asimetría se observa son un simple vistazo. Los drones ucranianos alcanzan objetivos hasta la misma Siberia y han inutilizado más de un tercio de la capacidad de refinamiento rusa, con la consiguiente crisis de suministro de combustible. En Ucrania las gasolineras funcionan con normalidad gracias a las importaciones desde Europa. En Rusia la producción industrial se mantiene plana a pesar de que el gasto militar disparado, los ucranianos, por su parte, han desplazado parte de su producción al resto de Europa, un lugar al que Rusia no puede atacar. Sin un aliado dispuesto a atacar a la OTAN y a absorber las represalias, al Kremlin solo le queda la vía de la guerra híbrida. Se han encontrado drones explosivos en un aeropuerto alemán, se han producido ciberataques contra los ferrocarriles polacos, un incendio en una empresa de defensa estonia, explosiones en polvorines italianos y búlgaros, y proliferan los saboteadores reclutados por Telegram. Los incidentes han pasado de unos 10 al mes en 2024 a unos 15 desde el mes de abril. La ambigüedad beneficia a Putin, porque atribuirle todo este desorden refuerza gratis su reputación. El objetivo es obviamente político. Trata de erosionar el apoyo occidental a Ucrania y agitar la política interna de Alemania, Francia, Finlandia, Estonia y Polonia, que tienen elecciones en los próximos meses. Pero la estrategia no termina de funcionar. Los europeos del este perciben cerca el peligro y redoblan su apoyo a Ucrania. En Polonia, Rumanía y los países bálticos la mayor parte de la población está a favor de seguir enviando dinero y armas a Ucrania. Algo similar sucede en Europa occidental. El reloj corre contra el Kremlin. El ejército ruso pierde unos 35.000 hombres al mes entre muertos y heridos, más de los que consigue reclutar pese a pagar primas de hasta 4 millones de rublos y sueldos para los soldados rasos 3 o 4 veces superiores al salario medio en Rusia. Sostener ese ritmo exigirá una movilización que equivaldría a admitir que no están ganando. Una movilización, además, hundiría la popularidad de Putin en el interior. Bloqueado el avance terrestre, al Kremlin le quedan dos tipos de escalada. La vertical, ya ensayada con ejercicios nucleares sorpresa, que sirva de aviso de que podría recurrir al uso del arsenal nuclear. Y la horizontal, que consistiría en ampliar la extensión del conflicto para congelarlo después en mejores condiciones. Todo aprovechándose de la actitud de Donald Trump que ha debilitado la disuasión hasta tal punto que la semana pasada su Gobierno tuvo que enviar en secreto a Moscú al director de la CIA para recordar a Putin que el artículo 5 sigue en pie. El centro de gravedad ya no está en el Donbás ni en ningún otro lugar del frente, sino en la resistencia de los países europeos y en su disposición a sostener a Ucrania durante el tiempo que sea necesario. En La ContraRéplica: 0:00 Introducción 4:03 La retaguardia ucraniana 36:50 El acuerdo petrolero en Venezuela 46:49 Trump y la provocación de Ontario · Canal de Telegram: https://t.me/lacontracronica · “Contra el pesimismo”… https://amzn.to/4m1RX2R · “Hispanos. Breve historia de los pueblos de habla hispana”… https://amzn.to/428js1G · “La ContraHistoria del comunismo”… https://amzn.to/39QP2KE · “La ContraHistoria de España. Auge, caída y vuelta a empezar de un país en 28 episodios”… https://amzn.to/3kXcZ6i · “Contra la Revolución Francesa”… https://amzn.to/4aF0LpZ · “Lutero, Calvino y Trento, la Reforma que no fue”… https://amzn.to/3shKOlK Apoya La Contra en: · Patreon... https://www.patreon.com/diazvillanueva · iVoox... https://www.ivoox.com/podcast-contracronica_sq_f1267769_1.html · Paypal... https://www.paypal.me/diazvillanueva Sígueme en: · Web... https://diazvillanueva.com · Twitter... https://twitter.com/diazvillanueva · Facebook... https://www.facebook.com/fernandodiazvillanueva1/ · Instagram... https://www.instagram.com/diazvillanueva · Linkedin… https://www.linkedin.com/in/fernando-d%C3%ADaz-villanueva-7303865/ · Flickr... https://www.flickr.com/photos/147276463@N05/?/ · Pinterest... https://www.pinterest.com/fernandodiazvillanueva Encuentra mis libros en: · Amazon... https://www.amazon.es/Fernando-Diaz-Villanueva/e/B00J2ASBXM #FernandoDiazVillanueva #ucrania #rusia Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

If you've been on Cornell's campus lately, chances are you've seen—or heard about—Anmo Li '28, aka the pogo stick guy.Anmo is a world-ranked extreme pogo stick athlete and founder of the Cornell Pogo Club. He joins us to talk about Pogopalooza, going viral on campus, why getting good at pogo sticking means getting comfortable with failure, and his plans to help reinvent the modern pogo stick.We also talk about his path to Cornell as a transfer student, his passion for nutrition and the gut microbiome, his research experience in China, and why the friends he's made at Cornell mean the most to him.

Can you believe summer is almost over? For students across China, that means one thing: it's back-to-school time! September 1 is traditionally the big day when students return to classrooms for a brand-new school year. So, how do students in China usually prepare for the new school year? Tune in and find out! On the show: Fei Fei & Steve (01:28) Useful Chinese words for school supplies (08:09) 包书皮 (bāo shū pí) – wrapping book covers, a classic back-to-school ritual in China!

What's up, everybody? It's Tom Bilyeu here:Want my help starting a business? Join me here inside Zero To FounderSign up for my AI Masterclass: AI MasterclassFOLLOW TOM:Instagram: https://www.instagram.com/tombilyeu/Tik Tok: https://www.tiktok.com/@tombilyeu?lang=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuWOI EPISODES:FOLLOW LISA:Instagram: https://www.instagram.com/lisabilyeu/Twitter: https://twitter.com/lisabilyeuYouTube: https://www.youtube.com/womenofimpactTik Tok: https://www.tiktok.com/@lisa_bilyeu?lang=enCash App: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl #CashAppPod*Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N.A., pursuant to a license from Visa U.S.A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. Cash App Green features, Savings, Direct deposit, Round ups, Overdraft coverage and Discounts provided by Cash App, a Block, Inc. brand. Visit cash.app/legal/podcast for full disclosure.Quince: Free shipping and 365-day returns at https://quince.com/impactpodWhatnot: Download the Whatnot app today and get free shipping on your first order.Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderEthos: Get a free quote at https://ethos.com/impactIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact ATT Business: Switch to AT&T Business at https://business.att.comPique: 20% off at https://piquelife.com/impactThe team dissects the viral Konstantin Kisin vs. Steve Keen debate—both former Impact Theory guests—on the central climate question of our time: is the answer to use less and shrink (de-growth), or to innovate our way forward? The host, who knows both men and calls them smart and well-intentioned, explicitly urges viewers not to pick a side and dismiss the other as stupid, but to find the one factual disagreement worth reasoning from. His own position leans hard toward innovation: drawing on Matt Ridley's The Rational Optimist, he argues that 80,000 years of human progress make "it all ends now" an irrational bet, that we've innovated our way out of every prior crisis, and that de-growth—especially any talk of reducing world population—would trigger economic collapse that causes far more suffering than the problem it aims to solve. He respects Steve Keen's economic mind but argues Keen has essentially "given up," wishing we'd listened to engineers 50 years ago rather than charting a path forward now. He reframes the climate fight around tradeoffs the doom narrative ignores: citing Bjørn Lomborg's "it's real but overstated, and the solutions can be worse than the disease" framing, the roughly 140,000-plus annual heat deaths that air conditioning could prevent, and Jordan Peterson's warning about sacrificing today's actual poor for tomorrow's hypothetical poor. The conversation ranges across the East-vs-West Germany innovation contrast, a Peter Diamandis-style geoengineering thought experiment, why "politics is downstream of culture," and the host's more contested claim that climate panic often masks a desire for control and resentment—before ending on a speculative, openly-unsupported musing about the psychology behind who pushes it. A wide-ranging argument for optimism, first-principles thinking, and refusing to let "we're doomed" become the whole story.The team breaks down Treasury Secretary Scott Bessent's latest move to tame rising long-term bond rates—and why the bond market is likely to keep testing him. After Bessent doubled buybacks from $2B to $4B per round (which briefly knocked yields down before they rebounded past where they started), two off-the-record Treasury officials leaked to CNBC that the Treasury General Account—the government's roughly $1-trillion checking account at the Fed—could be tapped to buy bonds en masse. The host walks through why that's a bigger deal than expected: using cash to retire long-duration bonds without issuing new supply makes the debt "evaporate," and the market has, at least for now, believed the rumor enough to push the 30-year and 10-year yields down. But he's clear about the catch: the TGA isn't a magic war chest—every dollar in it was borrowed via prior auctions, so spending it down just defers the problem and eventually requires selling more debt, pressuring the curve again. He frames the backdrop honestly: $40 trillion in debt, ~123% debt-to-GDP, climbing interest costs, Japan (the largest buyer of US debt) in trouble, China dumping Treasuries while hoarding gold, and gold overtaking the dollar as the top central-bank reserve asset. His throughline is that there's no silver bullet, only tradeoffs, and the only real fix is growing the real economy—rising middle-class wages adjusted for inflation, GDP moving from ~1.2% toward 3–4%—rather than financial engineering. Absent that, he lays out the grim menu every over-indebted empire faces: austerity, default, or inflating the currency to shrink the debt (which quietly impoverishes everyone paid or saving in dollars), and warns that another Covid-scale inflation spike without real growth is how you get to "pitchforks." The conversation closes on a lengthy, contested tangent about immigration incentive structures, the Nordic model, and social trust—with the host explicitly noting the Nordic countries themselves say they aren't socialist. A dense, sobering economics breakdown.The team breaks down the escalating US-Canada trade war after Canada walked away from a deal that would have sharply lowered tariffs on several key Canadian industries. The host argues Canada is making a serious economic miscalculation—laying out the dependency math: roughly 78% of Canadian exports rely on US consumer markets, and exports make up about 33% of Canada's GDP, versus Canada representing only around 13% of US imports and a small slice of US GDP. In his read, that asymmetry means Canada has far more to lose, and pivoting toward China—geographically distant and, as he notes, a non-market economy—is a poor substitute. He digs into what actually broke the deal per PM Mark Carney: autos, French-language and cultural protections, and, most importantly, a US demand to restrict Canada's ability to sign independent trade deals with other countries (read: China), pointing to Canada's stated goal of a 50% export increase to China by 2030, Carney's January Beijing visit, and a flurry of mutual tariff cuts (including slashing Canada's 100% EV tariff to ~6%) as evidence of a rapidly warming relationship. But the host is pointedly two-sided: he says the US had understandable strategic reasons to push for guarantees, while blasting Trump's "51st state" rhetoric and bullying public posture as counterproductive—using it as a lesson he teaches entrepreneurs about always showing the other side how a deal is a win for them, and the human psychology of how people resist being forced into even things that serve their interests. He walks through the granular US demands (auto assembly, procurement, energy allocation, language laws) and their second-order effects, and closes on a contested hypothesis that Canada may be more ideologically aligned with China than the US. A dense, numbers-driven, deliberately even-handed breakdown of leverage, strategy, and a deal gone sideways.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Watch the full podcast! https://chinauncensored.tv/programs/podcast-349 While Trump wanted Canada to become America's 51st state, Canada has become closer to becoming a province of China, saying publicly that Canada needs to diversify its trading partners away from the U.S.. That was just one mistake President Trump has made on trade policy and China, argues our guest Andrew Hale, a fellow at the think tank Advancing American Freedom.

Derek Champagne talks with Enes Kanter Freedom. Enes is a human rights activist, NBA star, Nobel Peace Prize nominee, and NY Times Best Selling author of the book: In The Name of Freedom. summaryIn this conversation, Ennis Cantor-Freedom shares his remarkable journey from a childhood in Turkey, where he faced societal pressures to hate, to becoming a prominent NBA player and a human rights activist. He discusses the challenges he faced in speaking out against injustices, particularly regarding the treatment of Uyghurs in China, and the personal sacrifices he made, including estrangement from his family and the threat to his safety. Through his story, he emphasizes the importance of empathy, the responsibility of influential figures, and the need to educate the next generation about human rights and social justice.takeawaysEnnis Cantor-Freedom's journey from Turkey to the NBA is marked by a commitment to human rights.He faced societal pressures to hate America but chose to embrace understanding instead.His family's support played a crucial role in shaping his values.The NBA provided a platform for him to speak out against injustices.He faced severe consequences for his activism, including threats to his family.Empathy is a key theme in his message to the world.He encourages others to use their platforms for social justice.The importance of educating the next generation about human rights is emphasized.He believes that silence in the face of injustice is complicity.His story illustrates the power of individual choices in the fight for freedom.Chapters00:00Introduction to Ennis Cantor-Freedom01:18Childhood in Turkey: A Journey of Understanding06:45Transition to America: First Impressions and Cultural Adjustments11:23NBA Career: From Draft to Stardom13:21Activism Begins: Standing Up for Human Rights16:51Consequences of Activism: Family and Personal Sacrifices18:52Living Under Threat: The Interpol List and Travel Restrictions20:58The Threat of Violence and Personal Safety22:22Joining the Boston Celtics: A New Chapter24:04Awakening to Human Rights Issues25:47Using Basketball as a Platform for Activism29:05The Cost of Speaking Out31:08Empathy: The Missing Ingredient32:23The Consequences of Activism37:26The Business of Basketball and China38:17The Responsibility of Influential Athletes40:46Taking Action: What Can We Do?Business Leadership Series Intro and Outro music provided by Just Off Turner: https://music.apple.com/za/album/the-long-walk-back/268386576

Katherine Mangu-Ward (Editor in Chief of Reason) joins host Ron Steslow to examine the growing revolt against automated license-plate surveillance company Flock and what it reveals about privacy in the age of AI.  They begin with the backlash against flock: cameras cut down across dozens of states, communities canceling contracts, and an unlikely coalition uniting against the technology.  They dive into what the anger is really about and whether it channels a broader anxiety about losing control.  From there, they turn to what these systems can now do, as leaked code points to tools that track people—not just license plates—and invites comparisons to China's surveillance state.  Then, they weigh the deeper tension of a company whose only customer is the state, the problem of overcriminalization, and the specter of automated law enforcement.  Finally, they consider the Supreme Court's geofence ruling, the data-broker loophole it leaves wide open, and what privacy is ultimately for.  In Politicology+, they look at a single case that tests how far privacy itself can be treated as a crime: an American Citizen charged with a felony for deleting his phone's data.  POLITICOLOGY+ Not yet a Politicology+ member? Don't miss all the extra episodes on the private, ad-free version of this podcast. Upgrade now at politicology.com/plus. SPONSORS & PROMO CODES: https://bit.ly/44uAGZ8 Send your questions and ideas to podcast@politicology.com Ron Steslow on X: https://x.com/RonSteslow Katherine Mangu-Ward on X: https://x.com/kmanguward Related Reading:  Wired - Flock Has a Powerful New AI Tool for Police. We Got Its Code | WIRED Reason - Flock Safety's new privacy rules do little to ease concerns over ALPR surveillance Reason - America is building a surveillance state like China's Pirate wires - Flock's Case for the Panopticon Wired - Flock Has a Powerful New AI Tool for Police. We Got Its Code | WIRED ACLU - Surveillance Company Flock Now Using AI to Report Us to Police if it Thinks Our Movement Patterns Are “Suspicious” Learn more about your ad choices. Visit megaphone.fm/adchoices