Podcasts about Geography

How do we make sense of the differences within the four Gospels?Readers of the Bible can't help but notice that Matthew, Mark, Luke, and John sometimes tell the same stories differently. Was there one angel at the tomb (Matthew), or two (Luke)? Did Jesus cleanse the Temple at the beginning of his ministry (John), or near the end (Matthew)? In this episode, we explore how to make sense of this variety within the Gospel accounts. We discuss apparent contradictions, the literary conventions of first-century biographies, and how to read the Gospels with wise confidence in the reliability of Scripture.Chapters:(0:00) Introductions: The Problem of Harmonization(4:27) Not Video Camera Footage(10:50) Place Names and Geography(14:25) Order, Grouping, and Theological Structure(21:09) Letting Matthew Be Matthew

MTV, Brigitte Bardot, Geography, Nuts, Fútbol, Rod Stewart, Nazis, and more!You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/twistedhistory

I want to make sure everyone reads that title correctly. I didn't say "learn" about geography because what Doug and Strickland talk about shows more of their lack of geographic knowledge, not a dearth of it. Nobody ever said they were experts! Least of all them. Do you want some cool merch? Check out the store here- https://www.niceguysonbusiness.com/merch Need podcast production? We've got your back. https://turnkeypodcast.com/contact Your Voice, your message, fully produced. Leave a voice mail for the Nice Guys: 424-2DJ-DOUG – (424) 235-3684Need help podcasting? http://www.TurnkeyPodcast.comJoin our Nice Guys Community. http://www.NiceShortCut.com No time to get to this, but you can read the blog here: 12 Worries Every Entrepreneur Has (or they are lying) Show notes written lovingly by the most anonymous man (or woman) in the world. Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

From Crisis to Opportunity When the Wrangler plant closed its doors in Page County over two decades ago, the community faced a crossroads. However, what could have been a devastating blow instead became the catalyst for educational transformation. Dr. Kim Blosser, President of Laurel Ridge Community College, talks with Janet Michael on The Valley Today to reflect on how the Luray-Page County Center has spent 20 years opening doors for students who once had limited access to higher education. Geography as Destiny Before the center opened, Page County students faced a challenging reality. Located in a valley surrounded by mountains, they endured 45-minute to 90-minute commutes to reach the nearest Laurel Ridge campuses in Middletown or Warrenton. Consequently, many students simply gave up on their educational dreams or opted for Blue Ridge Community College in Harrisonburg, which offered an easier drive without crossing mountain passes. "Students in that county had to go the furthest from any other of our localities," Dr. Blosser explains. This geographic isolation meant that Page County residents were effectively cut off from the educational opportunities available to their neighbors in other parts of the Laurel Ridge service area. A Community Rallies Fortunately, local leaders recognized the urgent need for change. When the Wrangler plant closed, the town of Luray acquired the annex building. Together, the county and town invested in renovating part of the facility, offering the college space for minimal rent. This partnership created not only a retraining center for displaced workers but also a permanent educational presence in the community. The impact proved immediate and profound. Federal Trade Act funding helped former Wrangler employees pursue new careers through education. Dr. Blosser shares the touching story of Cindy, a former plant worker who earned her associate's degree and spent her entire second career working at the Luray-Page Center—until her recent retirement after nearly 20 years of service. Meanwhile, another former employee went on to become an elementary school teacher, demonstrating how access to education can completely transform lives. Outgrowing the Original Vision As the years passed, however, the old Wrangler annex building began showing its limitations. While the space worked well for traditional classroom subjects like English and history, it couldn't accommodate science labs, electrical training, or HVAC programs. Moreover, the aging facility required increasingly costly repairs, and the town no longer owned the building—a private company did. "Our students deserved better," Dr. Blosser recalls thinking. The college began searching for alternatives, examining various existing buildings throughout the county. Yet each option presented similar challenges: they were outdated structures requiring extensive renovation with uncertain outcomes. Building a Dream Then came a breakthrough. The Jenkins family stepped forward with an extraordinary offer: they would donate land for a new campus. Located behind Walmart in a central, easily accessible location, the site seemed perfect. What followed was nothing short of remarkable. The Laurel Ridge Educational Foundation launched an ambitious fundraising campaign, ultimately raising over $4 million from Page County residents and businesses. "They were just desperate not to lose the college," Dr. Blosser notes. "They know it's the heart of economic development." Despite supply chain challenges during the pandemic—including having to switch brick suppliers mid-construction—the project moved forward with impressive speed. A Campus for the Future Today, Jenkins Hall stands as a testament to community vision and determination. Unlike traditional institutional buildings, the facility features warm wood beams, open ceilings, and panoramic mountain views. The design intentionally creates a welcoming atmosphere that reflects the natural beauty of Page County. The first floor houses specialized labs that were impossible in the old location. Students now learn electrical work, HVAC systems, and heavy equipment operation in a dedicated trades lab. Across the hall, a modern science lab enables anatomy and physiology courses—essential prerequisites for health profession programs. Additionally, the building serves as home to the region's only Physical Therapy Assisting program, drawing students from an hour and a half radius. Upstairs, the design becomes even more innovative. Three classrooms feature soundproof movable walls that collapse to create one large space accommodating up to 100 people. This flexibility allows the center to host dual enrollment graduations, chamber of commerce job fairs, and corporate meetings—addressing a critical shortage of community gathering spaces in Page County. More Than Just Classrooms Throughout our conversation, Dr. Blosser emphasizes that Laurel Ridge operates as a "comprehensive community college." This means serving everyone from adult basic education students to those pursuing the first two years of a bachelor's degree. The college offers GED preparation, English as a Second Language classes, short-term workforce training, corporate education, and traditional transfer programs. "We can serve as many as 20,000 individuals in a year," Dr. Blosser reveals. Furthermore, approximately 50 percent of transfer program classes now offer online options, providing crucial flexibility for working adults and parents. While hands-on programs like welding and phlebotomy require in-person attendance, students can increasingly customize their schedules by mixing on-campus and online coursework. The Door to Tomorrow Perhaps the most intriguing detail about Jenkins Hall involves a door on the first floor that appears to lead nowhere. However, Dr. Blosser eagerly points it out on every tour she gives. The architectural plans show this door will eventually connect via a breezeway to a second building—one that doesn't exist yet. "That door doesn't go nowhere," she insists with a smile. "There is something beyond that building. We just have to wait, and when that moment arrives, be ready to move." This forward-thinking approach reflects the same vision that transformed a closed factory into an educational hub two decades ago. As Page County continues growing—with new townhomes and developments surrounding what was once an isolated field behind Walmart—the college stands ready to expand its mission once again. Looking Ahead While Dr. Blosser modestly suggests she'll likely retire before the center's 40th anniversary, she remains confident about continued growth. The rapid changes of the past 20 years—from distance learning via Old Dominion University in a small computer room to today's sophisticated online platforms—hint at even more dramatic transformations ahead. For now, the Luray-Page County Center continues fulfilling its founding mission: ensuring that geography no longer determines educational destiny. Whether students seek workforce credentials, transfer degrees, or personal enrichment, they can find opportunities right in their own community. After 20 years, that door the Jenkins family helped open remains wide, welcoming anyone ready to walk through and discover what lies beyond.

Are you into trivia? Calling all connoisseurs of the cryptic to the only quiz played live, all around Australia. Join the host of Nightlife Philip Clark for The Mighty Challenge!   

Ben & Woods start the 8am hour with Woodsy talking about how much anxiety he has over the idea of being able to help his children with their homework in the future, and Ben gives Woodsy a 6th grade geography test to see how he does... Then we play today's game of Take On Woods before the guys get to an early spin of the Topic Wheel which asks "what is your most controversial food opinion?" Listen here!

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies

University of Wyoming Throws Coach Paul Barrett joins Airey Bros Radio for a first-ever deep dive with a throws coach — and he delivers a masterclass on NCAA throws development, strength & conditioning, and how to build a quietly dominant program for nearly three decades.Barrett is in his 27th season at Wyoming and has coached 2 NCAA champions, 22 All-Americans, 36 conference champions, and 127 all-conference finishers. We break down his award-winning year (USTFCCCA Mountain Region Men's Assistant Coach of the Year), the rise of NCAA champion Daniel Reynolds, and why Barrett's training approach is the opposite of what most people expect: low volume, high recovery, high results.If you're a throws athlete, football player considering track, a high school coach trying to learn throws, or a recruit looking for a real pathway — this episode is loaded with practical coaching insight and recruiting advice.In this episode:How Paul went from wrestling → sprints/long jump → hammer throwWhy he loves JUCO recruiting (and why NWAC athletes get overlooked)What he looks for in a hammer/weight throw prospectThe training week that helped turn Daniel Reynolds into an NCAA championWhy Olympic lifts matter (and what they actually do in-season)The #1 thing high school throwers must fix on their Instagram recruiting pageWyoming's team culture, academics, facilities, and what surprises recruits mostFollow Coach Barrett: Instagram — @yo_pokes_throwsFueled by: Black Sheep Endurance CoachingValue for Value: Buy us a coffee (link in your ABR bio/show notes)Show Notes + Timestamps: 0:13 – Show open (Howdy & Aloha, value-for-value, Black Sheep Endurance)1:17 – Guest intro: Paul Barrett's résumé + Wyoming throws legacy2:37 – ABR milestone: first throws coach on the show3:18 – Where to find Coach Barrett: IG @yo_pokes_throws3:48 – Throughline: shoutout to Coach Sean McLachlin (NWAC connection)4:26 – Origin story: wrestling → sprinting/long jump → throwing discovery5:51 – Where he grew up: Texas/Kansas/Wyoming/Washington State6:28 – Spokane CC dynasty + NWAC dominance7:42 – JUCO recruiting: why he actively watches NJCAA + NWAC9:39 – Why JUCO athletes often become his hardest workers10:10 – Favorite event: hammer throw (as athlete + coach)11:15 – Hammer recruiting: what to look for if an athlete hasn't thrown hammer12:46 – Getting into coaching + love for strength & conditioning13:44 – Strength → throws transfer: why power matters14:38 – Key lifts: Olympic lifts, squats, core integration15:35 – Coaching progression: straight into S&C + throws roles16:27 – Recruiting battles: football vs track (and why “both” rarely works)18:11 – Why football players should do track (explosiveness + goals)19:29 – 27 years at Wyoming: how his coaching evolved20:13 – What he wants in recruits: work ethic + academics21:04 – Event setup: usually 2 events per athlete (team scoring strategy)21:49 – Geography: why he tends to recruit the West/Mountain/NW22:43 – Recruiting today: athletes DM him on Instagram (huge tool)23:57 – Daniel Reynolds story: seeing raw power → portal → instant potential25:16 – Technical changes + biggest difference: recovery + low-volume plan26:27 – Meaning of the national title (recruiting + recognition)27:06 – Day-in-the-life training: the shockingly short week (recovery focus)29:17 – In-season lifting: hang cleans + front squats + close-grip bench30:35 – Sets/reps: low reps (5–1), maintain power without beating them up31:02 – Daniel's numbers: hang clean 425 + speed/power combo31:52 – Season update: young talent + goals for indoor postseason32:40 – Postseason timeline: conference late Feb/early March, NCAAs mid-March33:39 – Why “less is more” (injury reduction + quality training)35:04 – Advice to HS throwers: build a real recruiting IG + post lifting/throws36:40 – Advice to HS coaches: YouTube + clinics (why throws improved recently)38:02 – Team culture: small town, tight-knit program, family vibe39:22 – Academics: engineering/agriculture + strong athlete academic support41:23 – Wyoming surprise factor: facilities, funding, athlete dining, resources43:01 – Winter reality + altitude: dry cold, longer season, indoor throwing option45:11 – Final Four: coffee order, mindset, music, guilty pleasure50:14 – Outro: upcoming ABR episodes (Nate Shearer + James Overheiser)

The 94 WIP Morning Show listens to audio of both Joe DeCamara and James Seltzer both making critical errors with their science and geographical acumen

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/islamic-studies

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/caribbean-studies

Submarine and A Roach—Nigeria's funniest podcast and the #1 comedy podcast in Nigeria—presents “Seyi Tinubu's Internet,” hosted by TMT & Koj. The boys kick off with money talk: childhood class realities, why degrees don't guarantee a soft life, and how “education vs. wealth” plays out in real families. Geography nerdery slides in next: is Greenland effectively an extension of Denmark, and which country secretly wins the “most time zones” trick? (Hint: France.) Plus, Koj's trivia plans with Toronto Raptors tickets as the grand prize.Then Bible lore meets modern Lagos: King Solomon's “split-the-baby” dilemma as a lens for frustration. Domestic life gets delicious: plating as a mental-health unlock, chicken love (and chicken slander), and the immortal wisdom that wraps are “an efficient transportation method.” (Salad & Bread) Fashion & Tumblr-core arrive with sunglasses-by-dictators, and the Lagos Millennial fashion crisis: too much “put it on,” not enough “authenticity.” Finally, internet culture proper: the Brooklyn-Peltz Beckham AI-handstand moment; “agenda” accounts reframing wedding clips into propaganda; and a chaotic IShowSpeed Lagos tour ranked by moments—baby hand-off, horseback riding, and speed's speedy legwork lesson. It's wealth gaps, Bible parables, geography hot takes, plated lunches, Tumblr aesthetics, and the algorithm's favorite sons—by the Submaroach boys.

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-studies

Part 2 of Episode 300 brings Leighton Sheldon into the mix and the conversation immediately jumps into rare territory. Two T206 Honus Wagner cards are set to hit the auction market at the same time, something most collectors will never see in their lifetime. We break down how that happens, why one will almost certainly outsell the other, and whether simultaneous offerings actually hurt or help the market. From there, the focus shifts to card shows and expansion. The Dallas Card Show is heading to New Jersey, and that raises a bigger question. What actually makes a card show succeed in a market that has failed before? Location, vendors, buyers, travel radius, brand power, and even food all come into play. The panel digs into why some shows flourish while others fade. Then the conversation turns to liquidity and data as Mantle introduces its new Slam Score. Is it a useful tool for collectors, a metric for operators, or just another number in a hobby already full of them? We debate momentum, fundamentals, eye appeal, and whether liquidity can ever be captured cleanly in a single score. Drop a comment with your prediction. Which Wagner sells for more and why? If you run tables or attend shows, what makes a show worth traveling for? Let us know if you would ever use a Slam Score when buying or selling a card. Subscribe so you do not miss Parts 3, 4, and 5 from Episode 300. Learn more about your ad choices. Visit megaphone.fm/adchoices

Alaina Morgan's Atlantic Crescent: Building Geographies of Black and Muslim Liberation in the African Diaspora (UNC Press, 2025) introduces the conceptual framework of the “Atlantic Crescent” to capture the overlapping encounters between Black, Afro-Caribbean, and South Asian Muslims in the United States and the Caribbean. Using rich archival material, such as the Nation of Islam's Muhammad Speaks, we learn about 20th century Black Muslim movements such as the Moorish Science Temple and the Nation of Islam as they encounter and engage with South Asian Muslim communities, like the Ahmadiyya movement in the US, as their discourses of global anti-imperial and decolonial struggles shaped or overlapped with each other. The second half of the book takes us to Bermuda to trace the translation of these Black Muslim liberation movements into the Caribbean. By focusing on the flow and encounters of these overlapping diasporas, we learn how anti-imperial and ant-colonial discourses were inhabited by varied South Asian, Black, and Afro-Caribbean diasporic communities, and how organizing, be it around labour and education, framed Islam through Black and Afro-diasporic liberatory registers. Morgan's sharp analysis of these rich diasporic flows charts new imagined geographies of freedom struggles and resistance. This study will be of interest to scholars who think and write on Islam in the global west and the Caribbean, diaspora studies, anti-colonial and anti-imperial Muslim organizing and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/south-asian-studies

Where is a good place to take a road trip no more than 8 hours out of Milwaukee?

Keith challenges the usual "overpopulated vs. underpopulated" debate and shows why that's the wrong way to think about demographics—especially if you're a real estate investor. Listeners will hear about surprising global population comparisons that flip common assumptions.  Why raw population numbers don't actually explain housing shortages or rent strength. How household formation, aging, and migration really drive demand for rentals. Which kinds of markets tend to see persistent housing pressure—and why the US has a long‑term demographic edge. You'll come away seeing population headlines very differently, and with a clearer lens for spotting where future housing demand is most likely to show up. Episode Page: GetRichEducation.com/590 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  1-937-795-8989 to speak with a freedom coach 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   Keith, welcome to GRE. I'm your host. Keith Weinhold, is the world overpopulated or underpopulated? Also is the United States over or underpopulated? These are not just rhetorical questions, because I'm going to answer them both. Just one of Africa's 54 nations has more births than all of Europe and Russia combined. One US state has seen their population decline for decades. This is all central to housing demand today. On get rich education   Keith Weinhold  0:36   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Speaker 1  1:21   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  1:31   Welcome to GRE from Norfolk Virginia to Norfolk, Nebraska and across 188 nations worldwide, you are inside. Get rich education. I am the GRE founder, Best Selling Author, longtime real estate investor. You can see my written work in Forbes and the USA Today, but I'm best known as the host of this incomprehensibly slack John operation that you're listening to right now. My name is Keith Weinhold. You probably know that already, one reason that we're talking about underpopulated versus overpopulated today is that also one of my degrees is in geography and demography, essentially, is human geography, and that's why this topic is in my wheelhouse. It's just a humble bachelor's degree, by the way, if a population is not staying stable or growing, then demand for housing just must atrophy away. That's what people think, but that is not true. That's oversimplified. In some cases. It might even be totally false. You're going to see why. Now, Earth's population is at an all time high of about 8.2 billion people, and it keeps growing, and it's going to continue to keep growing, but the rate of growth is slowing now. Where could all of the people on earth fit? This is just a bit of a ridiculous abstraction in a sense, but I think it helps you visualize things. Just take this scenario, if all the humans were packed together tightly, but in a somewhat realistic way, in a standing room only way, if every person on earth stood shoulder to shoulder, that would allow about 2.7 square feet per person, they would sort of be packed like a subway car. Well, they could fit in a square, about 27 kilometers on one side, about 17 miles on each side of that square. Now, what does that mean in real places that is smaller than New York City, about half the size of Los Angeles County and roughly the footprint of Lake Tahoe? So yes, every human alive today could physically fit inside one midsize us metro area. This alone tells you something important. The world's problem is certainly not a lack of space. Rather, it's where people live and not how many there are. So that was all of Earth's inhabitants. Now, where could all Americans fit us residents using the same shoulder to shoulder assumption, and the US population by mid year this year is supposed to be about 350,000,00349 that's a square about five and a half kilometers, or 3.4 miles on each side. And some real world comparisons there are. That's about half of Manhattan, smaller than San Francisco and roughly the size of Disney World, so every American could fit into a single small city footprint. And if you're beginning to form an early clue that we are not overpopulated globally, yes, that's the sense that you Should be getting.     Keith Weinhold  5:01   now, if you're in Bangladesh, it feels overpopulated there. They've got 175 million people, and that nation is only the size of Iowa. In area, Bangladesh is low lying and typhoon prone. They get a lot of flooding, which complicates their already bad sanitation problems and a dense population like that, and that creates waterborne diseases, and it's really more of an infrastructure problem in a place like Bangladesh than it is a population problem. Then Oppositely, you've got Australia as much land as the 48 contiguous states, yet just 27 million people in Australia, and only 1/400 as many people as Bangladesh in density. Now we talk about differential population. About 80% of Americans live in the eastern half of the US. But yet, the East is not overpopulated because we have sufficient infrastructure, and I've got some more mind blowing population stats for you later, both world and us. Now, as far as is the world overpopulated or underpopulated, which is our central question, depending on who you ask and where they live, you're going to hear completely different answers. Some people are convinced that the planet is bursting at the seams. Others warn that we're headed for a population collapse. But here's the problem, that question overpopulated or underpopulated, it's the wrong question. It's the wrong framing, especially if you're into real estate, because housing demand doesn't respond to total headcount or global averages or scary demographic headlines. Housing demand responds to where people live, how old they are, and how they form households. And once you understand this, a lot of things suddenly begin to make sense, like why housing shortages persist, why rents stay high, even when affordability feels stretched, why some states struggle while others boom, and why population headlines often mislead investors.   Keith Weinhold  7:20   So today I want to reframe how you think about population and connect it directly to housing demand, both globally and right here in the United States. And let's start with the US, because that's probably where you invest.    Keith Weinhold  7:33   Here's a simple fact that should confuse people, but usually doesn't, the United States has below replacement fertility. I'll talk about fertility rates a little later. They're similar to birth rates, meaning that Americans are not having enough children to replace the population naturally and without immigration, the US population would eventually shrink, and yet in the US, we have a housing shortage, rising rents, tight vacancy and a lot of metros and persistent demand for rental housing, which could all seem contradictory. Now, if population alone determine housing demand, well, then the US really shouldn't have any housing shortage at all, but it does so clearly, population alone is not the main driver, and really that contradiction is like your first clue that most demographic conversations are just missing the point. Aging does not reduce housing demand. The way that people think a misconception really is that an aging population automatically reduces housing demand. It does not, in fact, just the opposite. If a population is too young, well, that tends to kill housing demand, and that's because five year old kids and 10 year old kids do not form their own household. Instead, what an aging population often does is change the type of housing that's demanded, like seniors aging in place, some of them downsizing. Seniors living alone. Sometimes after a spouse passes away, others relocating closer to health care or to family. So aging can increase unit demand even if population growth slows. So already, we've broken two myths here. Slower population doesn't mean weaker housing demand, and aging doesn't mean fewer housing units are needed. Now let's explain why. Really, the core idea that unlocks everything is that people don't live inside, what are called Population units. They live in households. You are one person. That does not mean that your dwelling is then one population unit. That's not how that works. You are part of a household, whether that's a house a Household of one person or five or 11 people, housing demand is driven by the number of households, the type of households and where those households are forming, not by raw population totals. So the same population can have wildly different demand. Just think about how five people living together in one home, that's one housing unit, those same five people living separately, that is five housing units, same population, five times the housing demand. And this is why population statistics alone are almost useless for real estate investors, you need to know how people are living, not just how many there are. The biggest surge in housing demand happens when people leave their parents' homes or when they finish school or when they start working, or you got big surges in housing demand when people marry or when they separate or divorce. So in other words, adults create housing demand and children don't. And this is why a country with a youngish, working age population, oh, then they can have exploding housing demand. A country with high birth rates, but low household formation can have overcrowding without profitable housing growth. So it's not about babies, it's about independent adults, and what quietly boosts housing demand, then is housing fragmentation. Yeah, fragmentation. That's a trend that really doesn't get enough attention, and that is the trend, households are fragmenting, meaning more single adults later marriage, like I was talking about in a previous episode. Recently, higher divorce rates, more people living alone and older adults living independently, longer. Each one of those trends increases housing demand without adding any population whatsoever. When two people split up, they often need two housing units instead of one, and if you've got one adult living alone, that is full unit demand right there. So that's why housing demand can rise even when population growth slows or stalls for housing demand. What matters more than births is migration. And another key distinction is that, yes, births matter, but they're on somewhat of this 20 year delay and migration matters immediately, right now. So see, when a working age adult moves, they need housing right away. They typically rent first. They cluster near jobs, and they don't bring housing supply along with them. They've got to get it from someone else. Hopefully you in your rental unit.    Keith Weinhold  12:57   This is why migration is such a powerful force in rental markets, and you see me talk about migration on the show, and you see me send you migration maps in our newsletter. It's also why housing pressure shows up unevenly. It gets concentrated around opportunity. If you want to know the future, look at renters. Renters are the leading indicator, not homeowners and not birth rates. See renters create housing demand faster than homeowners, because renters form households earlier. They can do it quickly because they don't need down payments. Renters move more frequently and immigration overwhelmingly starts in rentals, fresh immigrants rarely become homeowners, so even when mortgage rates rise or home purchases slow or affordability headlines get scary, rental demand can stay strong. It's not a mystery, it's demographics. So births surely matter, but only over the long term. It's like how I've shared with you in a previous episode that the US had a lot of births between 1990 and 2010 those two decades, a surge of births more than 4 million every single one of those years during those two decades, with that peak birth year at 2007 but see a bunch of babies being born in 2007 Well, that didn't make housing demand surge, since infants don't buy homes. But if you add, say, 20 years to 2007 when those people start renting, oh, well, that rental demand peaks in 2027 or maybe a little after that, and since the first time, homebuyer age is now 40. If that stays constant, well, then native born homebuyer demand won't peak until 2047 so when it comes to housing demand, the important thing to remember is migration has an immediate effect and births have a delayed effect.    Keith Weinhold  15:02   and I'm going to talk more about other nations shortly, but the US has two major migration forces working simultaneously, domestic and international migration. I mean, Americans move a lot, although not as much as they used to, and people move for jobs, for taxes, for weather, for cost of living and for lifestyle. So this creates state level winners and losers, and Metro level housing pressure and rent growth in those destination markets and national population averages totally hide this. So that's domestic migration. And then on the international migration. The US has a long history, hundreds of years now on, just continually attracting working age adults from around the world. This matters immensely, because they arrive ready to work, and they form households quickly. They overwhelmingly rent first. They concentrate in metros, and this props up rental demand before it ever shows up in home prices. And this is why investors often feel the rent pressure first those rising rents.    Keith Weinhold  16:17   I've got more straight ahead, including Nigeria versus Europe, and what about the overpopulation straining the environment? If you like, episodes that explain why housing behaves the way it does, rather than just reacting to the headlines. You'll want to be on my free weekly newsletter. I break down demographics, housing, demand, inflation, investor trends and real estate strategy in plain English, often complemented with maps. You can join free at greletter.com that's gre letter.com   Keith Weinhold  16:53   mid south homebuyers with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your return on investment as their North Star. It's no wonder smart investors line up to get their completely renovated income properties like it's the newest iPhone headquartered in Memphis, with their globally attractive cash flows, mid south has an A plus rating with the Better Business Bureau and 4000 houses renovated. There is zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate with an industry leading three and a half year average renter term. Every home they offer you will have brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter in an astounding price range, 100 to 150k GET TO KNOW mid south enjoy cash flow from day one at mid southhomebuyers.com that's midsouthhomebuyers.com   Keith Weinhold  17:54   you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989Yep. Text their freedom coach directly again. 1937795, 1-937-795-8989,   Keith Weinhold  19:05   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Chris Martenson  19:37   this is peak prosperity. Is Chris Martinson. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  19:53   Welcome back to get rich Education. I'm your host, Keith Weinhold, and this is episode 590 yes, we're in my Geography wheelhouse today, as I'm talking human geography and demographics with how it relates to housing, while answering our central question today is the world and the US overpopulated or underpopulated? And now that we understand some mechanics here, let's go global. Here's one of the most mind bending stats in all of demographics. Are you ready for this? When you hear this, it's going to have you hitting up chat, GPT, looking it up. It's going to be so astonishing. So jaw dropping. Every year, Nigeria has more births than all of Europe plus all of Russia combined. Would you talk about Willis?   Keith Weinhold  20:47   Yeah, yes, you heard that, right? Willis, that's what I'm talking about. Willis. The source of that data is, in fact, from the United Nations. Yes, Nigeria has seven and a half million births every year. Compare that to all of Europe plus Russia combined, they only have about 6.3 million births per year. So you're telling me that today, just one West African nation, and there are 54 nations in Africa. Just one West African nation produces more babies than the entire continent of Europe, with all of its nations plus all of Russia, the largest world nation by area. Yes, that is correct. One country in Africa produces more babies every year than France, Germany, Italy, Spain, the UK, all of Europe, including all the Eastern European nations, and all of Russia combined. This is a demographic reality, and now you probably already know that less developed nations, like Nigeria have higher birth rates than wealthier, more developed ones like France or Switzerland. I mean, that's almost common knowledge, but something that people think about less is that poorer nations also have a larger household size, which sort of makes sense when you think about it. In fact, Nigeria has five persons per household. Spain has two and a half, and the US also has that same level two and a half. That one difference alone explains why population growth and housing demand are completely different stories now, the US had 3.3 people per household in 1950 and it's down to that two and a half today. That means that even if the population stayed the same, the housing demand would rise. And this is evidence of what I talked about before the break, that households are fragmenting within the US. You can probably guess which state has the largest household size due to their Mormon population. It's Utah at 3.1 the smallest is Maine at 2.3 they have an older population. In fact, Maine has America's oldest population. And as you can infer with what you've learned now, the fact that they have just 2.3 people per household means that if their populations were the same. Maine would need more housing units than Utah. By the way, if you're listening closely at times, I have referred to the United States as simply America. Yes, I am American. You are going to run into some people out there that don't like it. When US residents call themselves Americans, they say something like, Hey, you need a geography lesson. America runs from Nunavut all the way down to Argentina. Here's what to tell them. No, look, there are about 200 world nations. There is only one that has the word America in it, that is the United States of America that usually makes them lighten up. That is why I am an American, not a Peruvian or Bolivian, and there's no xenophobic connotation whatsoever. There are more productive things to think about moving on. Why births matter is because births today become future workers, renters, consumers and even migrants. But not evenly. Young populations move toward a few things. They're attracted to capital. They move towards stability. They're attracted to opportunity, and young populations move toward infrastructure. That's not ideology, that's the gravity and the US remains one of the strongest gravity wells on Earth, a big magnet, a big attractant. Now it's sort of interesting. I know a few a People that believe that the world is indeed overpopulated, they often tend to be environmental enthusiasts, and the environment is a concern, for sure, but how big of a concern is it? That's the debatable part. And you know, it's funny, I've run into the same people that think that the world is overpopulated, they seem to lament at school closures. You see more school closures because just there weren't as many children that were born after the global financial crisis. And these people that are afraid we have an overpopulation problem call school closures a sad phenomenon. They think it's sad. Well, if you want a shrinking population, then you're going to see a lot more than just schools close so many with environmental concerns, though. The thing is, is that they seem to discount the fact that humans innovate. More than 200 years ago, Thomas Malthus, he famously failed. He wrote a book, thinking that the global population would exceed what he called his carrying capacity, meaning that we wouldn't be able to feed everybody. He posited that, look, this is a problem. Populations grow exponentially, but food production only grows linearly. But he was wrong, because, due to agricultural innovation, we have got too many calories in most places. Few people thought this many humans could live in the United States, Sonoran and Mojave deserts, that's Phoenix in Las Vegas, respectively. But our ability to recycle and purify water allows millions of people to live there. So my point about running out of resources is that history shows us that humans are a resource ourselves, and we keep finding ways to innovate, or keep finding ways to actually not need that rare earth element or whatever it is now, if the earth warms too much from human related activity, can we cool it off again? And how much of a problem is this? I am not sure, and that goes beyond the scope of our show. But the broader point here is that history shows us that humans keep figuring things out, and that is somewhat of an answer to those questions. The world is not overpopulated, it is unevenly populated. Some regions are young, others are growing, others are capital constrained, and then other regions are aging, shrinking and capital rich. And that very imbalance right there is what fuels migration and fuels labor flows and fuels housing demand in destination countries and the US benefits from this imbalance. Unlike almost anywhere else in the world, it's a demographic magnet. Yes, you do have some smaller ones out there, like Dubai, for example.    Keith Weinhold  28:04   But why? Why do we keep attracting immigrants? Well, we've got strong labor markets, capital availability, property rights, economic mobility, and US has existing housing stock. Countries today don't just compete for capital, they're competing for people. In the US keeps attracting working age adults, and that is exactly the demographic that creates housing demand, and this is why long term housing demand in the US is more resilient than a lot of people think. In fact, the US population of about 350 million. This year, it's projected to peak at about 370 million, near 2080 and of course, the big factor that makes that pivot is that level of immigration. So that's why the population projections vary now. The last presidential administration allowed for a lot of immigrants. The current one few immigrants, and the next one, nobody knows. You've got a group called the falconist party that calls for increased legal immigration into the US. Yeah, they want to allow more migrants into the country, but yet they want to enforce illegal immigration. That sounds just like it's spelled, F, A, L, C, O, N, i, s, t, the falconist Party, but the us's magnetic effect to keep driving population growth through immigration is key, because you might already know that 2.1 is the magic number you need a fertility rate of at least 2.1 to maintain a population fertility rate that is the average number of children that a woman is expected to have over her lifetime. And be sure you don't confuse these numbers with the earlier numbers of people per. Per household, like I discussed earlier, although higher fertility rates are usually going to lead to more people per household, India's fertility rate is already down to 2.0 Yes, it is the most populated nation in the world, but since women, on average, only have two children, India is already below replacement fertility. The US and Australia are each at 1.6 Japan is just 1.2 China's is down to 1.0 South Korea's is at an incredibly low seven tenths of one, so 0.7 in South Korea, and then Nigeria's is still more than four. So among all those that I mentioned, only Nigeria is above the replacement rate of 2.1 and most of the nations above that rate are in Africa. Israel is a big outlier at 2.9 you've got others in the Middle East and South Asia that are above replacement rate as well. And when I say things like it's still up there, that whole still thing refers to the fact that there is this tendency worldwide for society to urbanize and have fewer children. For those fertility rates to keep falling. And that's why the future population growth is about which nations attract immigrants, and that is the US. Is huge advantage. Now there's a great way to look at where future births are going to come from. A way to do this is consider your chance of being born on each continent in the year 2100 This is interesting. In the year 2100 a person has a 48% chance of being born in Africa, 38% in South Asia, in the Middle East, 5% South America, 5% in Europe or Russia, 4% in North America, and less than 1% in Australia. Those are the chances of you being born on each of those continents in the year 2100 and that sourced by the UN.   Keith Weinhold  32:09   the world population is, as I said earlier, about 8.2 billion, and it's actually expected to peak around the same time that the US population is in the 2080s and that'll be near 10 point 3 billion. All right, so both the world and the US population should rise for another 50 to 60 years. Let's talk about population winners and losers inside the US. I mean, this is where population conversations really become useful for investors, because population doesn't matter nationally that much. It really matters locally, unevenly and sometimes it almost feels unfairly. So let me give you some perspective shifting stats. I think I shared with you when I discussed new New York City Mayor Zoran Manami here on the show a month or two ago, that the New York City Metro Area has over 20 million people, nearly double the combined population of Arizona and Nevada together, yes, just one metro area, the same as Two entire sparsely populated states. So when someone says people are leaving New York I mean that tells you almost nothing, unless you know where they're going. How many are still arriving in New York City to replace those leaving, and how many households are still forming inside that Metro? The household formation so scale matters, however, net, people are not leaving New York. New York City recently had more in migration than any other US Metro. Some states are practically empty. Alaska or take Wyoming. Wyoming has fewer than 600,000 people in the entire state. That's fewer people than a lot of single US cities. That's only about six people per square mile. In Wyoming, that's about the population of one midsize Metro suburb. Now, when someone says the US has plenty of land in a lot of cases, they're right. I mean, just look out the window when you fly over Wyoming or the Dakotas. But people don't really live where land is cheap. They actually don't want to. Most of the time. They live where jobs, incomes and their networks already exist. You know, the wealthy guy that retires to Wyoming and it has a 200 acre ranch is an outlier. There's a reason he can sprawl out and make it 200 acres. There's virtually nobody there. Let's understand too that population loss, that doesn't mean that demand is gone, but it does change the rules, especially when you think about a place like West Virginia. They have lost population in most decades since the 1950s and incredibly, their population is lower today than it was in 1930 we're talking about West Virginia statewide. They have an aging population. West Virginia has an outmigration of young adults. So this doesn't mean that no real estate works in West Virginia, but it means that appreciation stories are fragile. Income matters more than equity. Growth and demographics are a headwind, not a tailwind. That's a very different investment posture than where you usually want to be. It's important to understand that a handful of metros, just a handful, are absorbing massive national growth. And here's something that a lot of investors underestimate. About half of all US, population growth flows into fewer than 15 metro areas, and it's not just New York City, Houston, Miami, but smaller places like Jacksonville, Austin and Raleigh, and that really helps pump their real estate market. So that means demand concentrates, housing pressure intensifies, and rent growth becomes pretty sticky, unless you wildly overbuild for a short period of time like Austin did, and this is why some metros just feel perpetually tight over the long term, and others feel permanently sluggish. Population does not spread evenly. It piles up. In fact, Texas is a great case in point here. Understand that Texas is adding people faster than some entire nations do. Texas alone adds hundreds of 1000s of residents per year in strong cycles. Some years, they do add more people than entire small countries, more than several Midwest states combined. And of course, they don't spread evenly across Texas. They cluster in DFW, Houston, Austin and San Antonio, so pretty much the Texas triangle, and that clustering fact is everything for housing demand, yet at the same time, there are fully 75 Texas counties that are losing population, typically out in West Texas. Then there's Florida. Florida isn't just growing. It's replacing people. Florida's growth. It's not just net positive, it's replacement migration, and it's across all different types and ages. You've got retirees arriving, you've got young workers arriving, you've got young households forming, and you've got seniors aging in place. So this way, among a whole spectrum of ages, you've got demand for rentals, workforce housing, age specific, housing and multifamily all in Florida, and this is why Florida housing demand over the long term is not going to cool off the way that a few skeptics expect. Now, of course, some areas did temporarily overbuild in Florida in the years following the pandemic. Yes, that's led to some temporary Florida home price attrition, but that is going to be absorbed. California did not empty out. It reshuffled now. There were some recent years where California lost net population, but here's what that hides. Some metros lost residents. Others stayed flat. You had some income brackets that left California and others arrived. In fact, California has slight population growth today overall, so housing demand definitely did not vanish. It shifted within the state and then outward to nearby states, and that's how Arizona, Nevada and Texas benefited. But overall, California's population count, really, it's just pretty steady, not declining.   Keith Weinhold  39:05   population density. It's that density that predicts rent pressure better than growth rates. Do something really important for real estate investors. Dense metros absorb shocks better. They have less elastic housing supply, and they see faster rent rebounds. Sparse areas have cheaper land and easier supply expansion and weaker rent resilience. So that's why rents snap back faster in dense metros, and oversupply hurts more in spread out to regions. Density matters more than raw growth does. Shrinking states can still have tight housing I mean, some states lose population overall, but yet they still have housing shortages in certain metros, and you'll have tight rental markets near job centers, and you've got strong demand In limited sub markets, even if the state is shrinking. And I think you know this is why the slower growing Northeast and Midwest, they've had the highest home price appreciation in the past two years. There's not enough building there. If your population falls 1% but the available housing falls 2% well, you can totally get into a housing shortage situation, and that bids up real estate prices. And when people look at population charts on the state level, a lot of times, they still get misled. When you buy an investment property, you don't buy a state, you buy a specific market within it, so the United States is not full it is lopsided. The US is not overpopulated. It is heavily clustered. It's unevenly dense, and it's really driven by migration. And perhaps a better way to say it is that the US population is really opportunity concentrated housing demand follows jobs, networks, wages and migration flows. It sure does not follow empty land. And really the investor takeaway is, is that when you hear population stats, don't put too much weight on the question, is the population rising or falling? Although that's something you certainly want to know. Some better questions to ask are, where are households forming? Where are adults moving? Where is supply constrained? And where does income support, rent like those are, what four big questions there, because population alone does not create housing demand. It's households under constraint that do so. Our big arching overall question is the world overpopulated or underpopulated? The answer is neither. The world is unevenly populated. It's unevenly aged, and it's unevenly governed. And for real estate investors, the lesson is simple. You don't invest in population counts, you invest in household formation, age structure, migration and supply constraints. Really, that's a big learning summary for you, that's why housing demand can stay strong even when population growth slows. And once you understand that demographic headlines that seem scary aren't as scary, and they start to be more useful. Why I've wanted to do this overpopulated versus underpopulated episode for you for years. I've really thought about it for years. I really hope that you got something useful out of it. Let's be mindful of the context too. When it comes to the classic Adam Smith economics of supply demand, I've only discussed one side today, largely just the demand side and not the supply side so much that would involve a discussion about building and some more things that supply side. Now that I've helped you ask a better question about population and the future of housing demand, you might wonder where you can get better answers. Well, like I mentioned earlier, I provide a lot of that and help you make sense of it, both right here on this show and with my newsletter, geography is something that's more conducive and meaningful to you visually, that's often done with a map, and that's why my letter at greletter.com will help you more if you enjoy learning through maps, just like we've done every year since 2014 I've got 52 great episodes coming to you this year. If you haven't consider subscribing to the show until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  43:57   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 you   Keith Weinhold  44:25   The preceding program was brought to you by your home for wealth, building, get richeducation.com

01-23-26 - Guad Squares - Darth Vader - Dave Mustaine - Trump - Jay Leno - Geography Grady/Brady - Jason Statham - Howard SternSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

01-23-26 - Guad Squares - Darth Vader - Dave Mustaine - Trump - Jay Leno - Geography Grady/Brady - Jason Statham - Howard SternSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Imagine flying all the way to Davos just to fail a fourth-grade map quiz on a global stage. Stephanie Miller breaks down the "ice-cold" confusion between Greenland and Iceland, because apparently, when you're at the World Economic Forum, facts are just optional accessories. Beyond the topographical mishaps, the team digs into the increasingly shaky state of President Trump's cognitive fitness and what these "senior moments" actually mean for immigration policy and our standing with the rest of the planet. With guest Dana Goldberg!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As we study up on Greenland, we invite listeners to share what's misunderstood about where they're from.

The WNBA schedule dropped with a pleasant surprise. Chelsea Leite and Helen Williams break down Toronto Tempo's multi-arena plans, dive into the AP Top 25 rankings, Chelsea gets a United States geography lesson, and more.HerHoopStats.com: Unlocking better insight about the women's game.The Her Hoop Stats Newsletter: https://herhoopstats.substack.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Geography lessons in a Charlotte Mason home school are much more than facts about population and GDP! Find out how you can introduce your students to the people and places of our world. How to Teach Geography the Charlotte Mason Way originally appeared on Simply Charlotte Mason.

Why is Greenland suddenly back in the headlines—and why does Trump insist the U.S. must secure it? In this episode, we unpack Trump's speech at the World Economic Forum: the strategic importance of Greenland, the history of U.S. involvement, NATO tensions, and the emerging threats from Russia and China. From hypersonic missiles to Arctic icebreakers, this isn't about land—it's about national security, hemispheric defense, and global power. Trump also touches on election integrity, NATO funding, and U.S. obligations in Europe—making this episode a full dive into politics, defense, and diplomacy. ⚠️

Geography lessons in a Charlotte Mason home school are much more than facts about population and GDP! Find out how you can introduce your students to the people and places of our world. How to Teach Geography the Charlotte Mason Way originally appeared on Simply Charlotte Mason.

"Dissecting Compensation - A Primer on Understanding, Negotiating and Managing Pay"A CMO Confidential Interview with Richard Sanderson, the Marketing, Sales, and Communications Practice Leader at Spencer Stuart. Richard starts with the basics of salary, bonus and equity and branches out to compensation mix, the various types of equity, negotiating best practices, and the "other" elements of an offer. Key topics include: why the devil is in the details; when and how to discuss compensation; the difference between dumb luck and bad luck; and why everyone should do a "multi-year cash flow analysis." Tune in to hear why you should always read the proxy statement and the importance of being prepared to explain how you are using AI.*Dissecting CMO Compensation with Richard Sanderson (Spencer Stuart) — Salary, Bonus, Equity & Negotiation Playbook*What's “market” for a modern CMO, and how do you actually negotiate it? Richard Sanderson, who leads Spencer Stuart's Marketing, Communications & Sales Practice, breaks down the three pillars of pay (salary, bonus, equity), compensation mix by ownership model, and the real rules of negotiating offers, severance, and forfeitures. We also tackle vesting, RSUs vs. options vs. PSUs, what to ask recruiters (legally) about pay ranges, how to manage your team when equity is underwater, and why every CMO needs crisp AI impact stories in interviews. Actionable, candid, and built for executives who make or take offers. *Chapters*00:00 Intro — Welcome to CMO Confidential & Richard's background01:50 Why comp is hard to decode (and why it matters)02:12 The building blocks: salary, bonus, equity03:21 The data gap: only ~4% of F1000 list marketing leaders as NEOs04:26 Salary basics, bands, and industry norms05:35 Bonus mechanics & the one question to ask (3-year payout history)06:38 Equity 101 — long-term incentives and where value really accrues07:25 Compensation mix: public, PE, private, nonprofit08:25 Geography effect — US vs. Europe on equity weighting09:23 RSUs explained (and why they always have some value)10:19 Options & strike prices — upside vs. “underwater” risk10:57 PSUs — performance gates, accelerators, and board metrics12:17 Vesting types: time, performance, and event-based triggers13:15 Forfeitures if you leave early (and what's negotiable)15:09 Negotiating framework — timing, laws, posture16:34 When to talk comp without signaling “it's just the money”17:58 Pay transparency laws — expectations vs. history; what recruiters can ask20:23 Forfeitures checklist: bonus timing, unvested equity, make-wholes21:36 Know your company's rules (eligibility dates, presence requirements)22:36 Smart pushback: asking for the range and reducing info asymmetry23:47 Your moment of max leverage: the verbal offer27:58 Beyond pay: severance, sign-on, relocation, start date, perks29:00 CMO tenure math and why severance matters32:31 “Am I underpaid?” How to build a real case34:34 Managing your team through pay angst & proxy transparency36:29 Underwater equity — empathy, vision, and refresh cycles38:22 Timing luck: annual grants & market swings (“Liberation Day” example)40:00 Do the 5-year cash-flow comparison (and bridge Year 1–2)42:04 The new relocation math (mortgages & cost deltas)43:06 Titles, reporting lines, non-competes, and day-one docs43:50 Should you ever turn down a written offer?45:23 The reputational risk of reneging47:05 Be ready: the AI question in every CMO interview48:32 Wrap*Tags*CMO Confidential, Richard Sanderson, Spencer Stuart, CMO compensation, executive pay, salary bands, bonus plans, equity RSUs, stock options, PSUs, vesting, severance, negotiation, forfeitures, compensation mix, private equity, public companies, proxy statements, pay transparency laws, marketing leadership, executive recruiting, board compensation, make-whole bonus, cash flow analysis, AI in marketingSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

HEADLINE: The Western Pacific as the New Inner German Border GUEST AUTHOR: Jerry HendrixSUMMARY: Captain Jerry Hendrix argues that the Western Pacific has replaced the Cold War's "Inner German Border" as the primary geography of global ideological and military competition. He traces the concept of the "Free Sea" back to Hugo Grotius's 1609 legal arguments, which established that the ocean cannot be owned like land—a principle that became foundational to the Enlightenment and modern global trade. Hendrix asserts that American naval primacy since 1945 has been essential in upholding this system, ensuring unencumbered commerce and significantly reducing global poverty, a status quo now under threat.1911 USS MAINE, HAVANA HARBOR

Donald Trump has thrown another diplomatic hand grenade. This weekend, the President threatened sweeping tariffs on countries backing Greenland's independence – a move that has rattled European capitals and reignited questions about America's global strategy. Is this about Arctic security, rare earth minerals, or something more personal?As tensions rise, how should Britain respond? Can diplomacy defuse Trump's latest escalation, or does this mark a deeper shift in US–European relations – and the future of Nato itself?James Heale speaks to Tim Shipman and Tim Marshall, foreign affairs analyst and author of Prisoners of Geography. Produced by Megan McElroy and Oscar Edmondson.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.

Today I am happy to speak with Ananya Roy and Veronika Zablotsky about their co-edited volume, Beyond Sanctuary: The Humanism of a World in Motion, which was based on a Sawyer Seminar they convened at UCLA. The essays collected in this book are international in scope and interdisciplinary in nature. What links them is a commitment to show that the idea of sanctuary all too often forgets its radical histories and possibilities, and lapses into a liberal humanism that not only does not solve the problems of refugees, migrants, and exiles, but even form obstacles to real and just solutions. Importantly, the many of the essays put the idea of “humanism” into question.  Most impressively, we find case histories of ordinary people building sanctuary spaces organically well outside, and even in defiance of, liberal sanctuary structures and practices. The book is accompanied by digital materials on the Sanctuary Spaces website which are designed for classroom use and self-study: https://challengeinequality.luskin.ucla.edu/sanctuary-spaces/ Ananya Roy is Professor of Urban Planning, Social Welfare, and Geography and the Meyer and Renee Luskin Chair in Inequality and Democracy at the University of California, Los Angeles. She is the founding Faculty Director of the UCLA Luskin Institute on Inequality and Democracy at UCLA, which advances research and scholarship concerned with displacement and dispossession in Los Angeles and elsewhere in the world. Working with social movements, the Institute seeks to build power and abolish structures of inequality, within and beyond the university. A scholar of global racial capitalism, Ananya's research has focused on urban transformations and land grabs, global circuits of financialization, postcolonial development and projects of poverty management, and most recently the problem and promise of sanctuary. In comradeship with unhoused communities, her current research is concerned with racial banishment and counter-geographies of refusal and rebellion in Los Angeles.Veronika Zablotsky is a political theorist with an interest in interconnected histories of migration and empire; feminist and postcolonial studies; transnational social movements; Armenian diaspora studies; and postsocialism in the SWANA region. She teaches in the Department of Philosophy at Freie Universität Berlin and held visiting professorships in politics and gender studies at universities in Germany. Previously she served as Andrew W. Mellon Postdoctoral Fellow in the Sawyer Seminar “Sanctuary Spaces: Reworlding Humanism” at the UCLA Luskin Institute on Inequality and Democracy. She holds a PhD in feminist studies, politics, critical race and ethnic studies, and history of consciousness from the University of California, Santa Cruz. Among her co-edited publications are the anthologies Decolonize the City! (Unrast, 2017) and Transforming Solidarities (Adocs, 2025). At the University of Pennsylvania she co-founded the Critical Armenian Studies Collective. She also organizes with the scholar activist collective Abolition Beyond Borders (www.abolitionismus.org).   

In this episode of the Anti-Dystopians, Alina Utrata talks to Casey Lynch, the Ramon y Cajal researcher in the Department of Geography at the University of Girona. Casey is a human geographer with interests in digital, political, urban, and labour geographies, as well as geographic thought and critical theory. They discussed that SNL skit about “Just Walk Out” Amazon Go stores, and why automated shopping never got off the ground; what iBuyer programmes are and if an AI can replace your real estate agent; and promising ideas about technological sovereignty and local community in Barcelona, so that we don't just have to rely on “five nerds” all the time. For a complete reading list from the episode, check out the Anti-Dystopians substack at bit.ly/3kuGM5X.You can follow Alina Utrata on Bluesky at @alinau27.bsky.socialAll episodes of the Anti-Dystopians are hosted and produced by Alina Utrata and are freely available to all listeners. To support the production of the show, subscribe to the newsletter at bit.ly/3kuGM5X.Nowhere Land by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4148-nowhere-landLicense: http://creativecommons.org/licenses/by/4.0/ Hosted on Acast. See acast.com/privacy for more information.

This week- Who started the tradition of wearing a white dress at a wedding? Where did the term "money laundering" come from? Can you fit Mt. Everest in the Mariana Trench? Listen, laugh and learn with Nick & Roy.    Brought to you by Tom's Place in Kensington Market in Toronto. Boxing Week Sale on now!  

Sovereignty and the Russian Identity Crisis. Guest: GREGORY COPLEY. Sovereignty is fundamentally tied to geography and identity. In the current period of "cratomorphosis," Russia exhibits defensive nationalism rather than expansionism. To the Kremlin, Ukraine remains the "cradle of Russia," making its loss a profound threat to Russianethos, historical religious origins, and its personal identity.ROSTOV ON DON

Andrea Ibanez Terrazas shares about her upbringing and how zip codes play a role in accessibility.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture[WEF]/[CB] agenda is now coming true, it is no longer a conspiracy, they are controlling the cars in Germany remotely. Kamal Harris climate warrior buys house on the ocean.Remove the illegals and the cost for everything goes down. People are now seeing the truth about sound money compared to fiat. Trump tariffs system is taking off. The [DS] is now pushing their war to the next level. They know that soon the people of this country will see the crimes they have committed against the people and to this country. They are fighting back and they are testing Trump to see what he will do. At the same time Trump is testing them, watch and observing their movements. When the time is right the Insurrection Act will be invoked nationwide, but now he might test it in a local area. Trump has given the warning to the insurrectionists.   Economy https://twitter.com/MyLordBebo/status/2011712915963859403?s=20  Toyota used remote access to turn off the pre heating, which is used to heat up the cars before driving. You would turn it on, 10 minutes before driving somewhere, so your car is warm and de-iced already.   Toyota spokesman Ralph Müller: “The pre-air conditioning is a free function of the MyToyota app or Lexus Link Plus App. This function is still available for all pure electric vehicles and plug-in vehicles. For vehicles with conventional drive, this only works when the combustion engine is running. The legislator considers this an unnecessary running of the engine or an avoidable exhaust gas pollution, which is prohibited. This is not known to many users. In Europe, there is no uniform legal situation, about which we have informed with a corresponding note in the app. In order to protect the vehicle user from fines, we have deactivated the function on these vehicles.” Climate Change Warrior Kamala Harris Buys New Mansion Near The Ocean in Malibu  Kamala Harris just bought a new $8 million mansion in Malibu near the beach. She must be deeply concerned about climate change. Have you noticed this pattern? Democrat elites, the people most likely to lecture others about climate change and to claim that it's an existential threat to humanity and the planet, sure do love to buy homes on the coast. Just look at Obama. Where are his homes? Martha's Vineyard and Hawaii. Does that sound like a man who is worried about climate change? The New York Post reports: Kamala Harris upgrades LA real estate portfolio with $8M mega mansion in Malibu's celeb-packed Pt. Dume Source: thegatewaypundit.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/ElectionWiz/status/2011568614898614645?s=20 https://twitter.com/RapidResponse47/status/2011548021511897343?s=20 https://twitter.com/thencamekevin/status/2011562742029959291?s=20  face value. Four of these quarters might have the face value of $1.00 but, THEIR ACTUAL VALUE IS $64! The stackers were right. . . Political/Rights https://twitter.com/VinceDaoTV/status/2011540393947775098?s=20 DOGE Geopolitical    https://twitter.com/ElectionWiz/status/2011598672929440042?s=20 Vice President Vance Casts Tie-Breaking Vote To Kill Venezuela War Powers Resolution in the Senate Two Republicans who previously voted to advance the bill flipped after pressure from Trump Vice President JD Vance had to cast a tie-breaking vote in the Senate on Wednesday night to kill a Venezuela War Powers Resolution that sought to prevent another US attack on the country without congressional authorization. The Senate was deadlocked at 50-50 on a point of order vote to strip the War Powers Resolution of its privileged status to block a final vote. President Trump and his top officials put significant pressure on five Republicans who voted to advance the legislation last week, and two of the GOP senators — Josh Hawley (MO) and Todd Young (IN) — flipped and voted against the bill. Source: news.antiwar.com https://twitter.com/Sec_Noem/status/2011803374807547909?s=20   President Trump's established quarantine of sanctioned vessels in the Caribbean. Through close coordination with our colleagues in the Departments of War, State, and Justice, our heroic Coast Guard men and women once again ensured a flawlessly executed operation, in accordance with international law. As we've now demonstrated through multiple boardings, there is no outrunning or escaping American justice — period. Our resolve is unshakeable and our mission coordination has never been better. America’s Coast Guard remains Always Ready to apply the full force of its unique authorities and specialized capabilities against this threat anywhere, anytime.    War/Peace https://twitter.com/disclosetv/status/2011817852290895915?s=20  https://twitter.com/WarClandestine/status/2011576169918054597?s=20 https://twitter.com/ABC/status/2011788458042540303?s=20 Zelensky to declare state of emergency after strikes cripple power grid    Ukraine’s President Volodymyr Zelensky has announced plans to declare a state of emergency in the energy sector. This measure aims to address disrupted power supplies following sustained Russian attacks on the country’s infrastructure. Source: .independent.co.uk  https://twitter.com/disclosetv/status/2011757910041452892?s=20 President Trump Identifies the Roadblock to a Ceasefire Between Ukraine and Russia In an interview with Reuters, President Trump was asked why the Russia/Ukraine negotiations appear to have stalled.  President Trump responded with one word, “Zelenskyy.” WASHINGTON, Jan 14 (Reuters) – U.S. President Donald Trump told Reuters that Ukraine – not Russia – is holding up a potential peace deal, rhetoric that stands in marked contrast to that of European allies, who have consistently argued Moscow has little interest in ending its war in Ukraine. In an exclusive interview in the Oval Office on Wednesday, Trump said Russian President Vladimir Putin is ready to wrap up his nearly four-year-old invasion of Ukraine. Zelenskiy, the U.S. president said, was more reticent. “I think he's ready to make a deal,” Trump said of the Russian president. “I think Ukraine is less ready to make a deal.” Asked why U.S.-led negotiations had not yet resolved Europe's largest land conflict since World War Two, Trump responded: “Zelenskiy.”   Source: theconservativetreehouse.com  https://twitter.com/zeroDEIUSA/status/2011211989847326747?s=20  this point, dictated that Canada, Denmark, and NATO generally are allowed to sit on their collective asses vis a'vis Defense. Poland and Hungary are the exceptions since they rarely conform to WEF dictums. But we also know something else: This administration doesn't see the world and this hemisphere through a WEF lens. Those differences in world view, opinion, policy, and sense of urgency between America and our allies are bubbling up publicly. I don't think the friction is or will be inconsequential. In fact, I would posit that the hairline cracks we hear about, in terms of NATO cooperation and membership, will inevitably become full fledged fissures. There are any number of pressure points between this administration and our ANO's (allies in name only) most notably the UK. Saber rattling has become the norm in communiques from Germany, the UK, and the EU. Calls for a “European only” Army and Navy have come from the upper and middle echelons of the military in several NATO member nations in Europe. The Europeans are shocked and outraged by our statements and concerns about Greenland. Now I could be wrong; but it seems that NATO's members are viewing our actions in Venezuela as well as Trump's position that Ukraine is largely a Euro problem, and his vision that the “Donroe” doctrine should be a precursor to a solid military defense strategy as well as a strategic trading block composed by countries in the Western Hemisphere as an emerging existential threat. And indeed it is. We have all seen examples that, by now prove conclusively, that Trump and his advisers are some of the best “tea leaf” readers ever. I honestly think this administration sees the rapid cultural, political, and social deterioration in Europe (Germany, Austria, France, the UK) and other Western nations (Australia and NZ) as harbingers and not one off's. And as such, I believe Trump and his team have concluded that these EU countries have reached a point of no return in every measure that matters. I believe the head butting will, by the end of Trump's term, deteriorate or accelerate to locking horns with former allies and our eventual departure from them as a bloc in favor of the Western Hemisphere as a replacement block. The “Donroe” doctrine says as much. I believe Trump would prefer to capitalize on Geography. That is to say a land mass that stretches from the Arctic circle to the Antarctic circle with North America and South America in between. I believe he sees that as something America can control, protect, and develop. How this will play out, I'm not sure. But I believe he is quietly preparing an exit ramp for our departure from NATO per se. It will be interesting. He will leave office and hand this massive initiative to Vance and Rubio; confident in their judgment and ability to execute. Medical/False Flags President Trump Announces “The Great Healthcare Plan” President Donald J. Trump's Great Healthcare Plan is a broad healthcare initiative that will slash prescription drug prices, reduce insurance premiums, hold big insurance companies accountable, and maximize price transparency in the American healthcare system. This plan will deliver money directly to the American people, not insurance companies, big pharma and special interest groups—putting patients over industry leaders' profits, just as he promised. The Great Healthcare Plan also builds on the successes of his first term by promoting competition, eliminating wasteful spending, and putting consumers back in control. [The Great Healthcare Plan] Source: theconservativetreehouse.com [DS] Agenda https://twitter.com/Patri0tContr0l/status/2011502712819761455?s=20 https://twitter.com/gatewaypundit/status/2011821087911231924?s=20 https://twitter.com/philthatremains/status/2011763419293368576?s=20 https://twitter.com/nicksortor/status/2011705622249816580?s=20 https://twitter.com/EndWokeness/status/2011695320112251315?s=20     https://twitter.com/disclosetv/status/2011634818375958782?s=20     https://twitter.com/BillMelugin_/status/2011644187708371237?s=20 https://twitter.com/DHSgov/status/2011632198000976086?s=20    into a parked car. The subject then fled on foot. The law enforcement officer caught up to the subject on foot and attempted to apprehend him when the subject began to resist and violently assault the officer. While the subject and law enforcement were in a struggle on the ground, two subjects came out of a nearby apartment and also attacked the law enforcement officer with a snow shovel and broom handle. As the officer was being ambushed and attacked by the two individuals, the original subject got loose and began striking the officer with a shovel or broom stick. Fearing for his life and safety as he was being ambushed by three individuals, the officer fired a defensive shot to defend his life. The initial subject was hit in the leg. All three subjects ran back into the apartment and barricaded themselves inside. The attacked officer and subject are both in the hospital. Both attackers are in custody. This attack on another brave member of law enforcement took place while Minnesota's top leaders, Governor Walz and Mayor Frey, are actively encouraging an organized resistance to ICE and federal law enforcement officers. Their hateful rhetoric and resistance against men and women who are simply trying to do their jobs must end. Federal law enforcement officers are facing a 1,300% increase in assaults against them as they put their lives on the line to arrest criminals and lawbreakers. https://twitter.com/mrddmia/status/2011711533014036932?s=20 Antifa are teaching illegals that they can attack federal law enforcement.    https://twitter.com/DAGToddBlanche/status/2011620198751597028?s=20  and Frey – I'm focused on stopping YOU from your terrorism by whatever means necessary. This is not a threat. It's a promise. https://twitter.com/StandUpForElonn/status/2011591809114210333?s=20   TORCHED. For once, the IRS is being deployed FOR AMERICANS FIRST — not against working families. Follow the money. Audit everything. Prosecute whoever broke the law.    protection from the Fake News Media but, it will end, as we, MAKE AMERICA GREAT AGAIN! Joy Behar of The View: Trump Will Use ICE Protests in Minneapolis to Declare Martial Law and Cancel the Midterm Elections (VIDEO) This week on The View, Joy Behar suggested that she is worried that Trump is planning to use the ICE protests in Minneapolis and elsewhere to declare martial law and cancel the 2026 midterm elections. Think about what she is suggesting here. She is saying that Trump will override local jurisdictions, put the military in charge, and then cancel elections. It is pure BlueAnon lunacy. And remember that The View falls under the ABC ‘News' division. FOX News reports: Joy Behar claims Trump seeking to declare martial law to stop midterm elections amid ICE protests     ABC News should be held accountable for pushing this madness on the air. Source: thegatewaypundit.com https://twitter.com/RapidResponse47/status/2011606173993353376?s=20 https://twitter.com/Breaking911/status/2011613524251066484?s=20 https://twitter.com/WarClandestine/status/2011628944877883438?s=20   is EXTREMELY dangerous stuff. Not only is he lying about what's happening, but not once did he tell his constituents to stay out of the way of federal law enforcement officers. He is actively encouraging them to obstruct ICE agents, as a means to cover up the massive fraud and criminality in his state. This is 1860's type stuff we are dealing with here, and you can see it on Walz's face, especially at the end. He knows the severity of what he just did. The Dems are in open rebellion against the Trump administration, while harboring illegal aliens in their Unconstitutional “sanctuary cities”, which they use to steal elections. This is irregular warfare. Things are about to get real. We are witnessing something historic.   https://twitter.com/MrAndyNgo/status/2011525886630379525?s=20 https://twitter.com/MJTruthUltra/status/2011802180710289546?s=20   President Trump's Plan   https://twitter.com/Rasmussen_Poll/status/2011799570041250146?s=20  This authority can be invoked unilaterally by the President without congressional approval, though it includes specific procedural requirements.  The Act has three main triggers for invocation: At a state’s request (§251): When a governor or state legislature requests federal aid to suppress an insurrection within the state.   To enforce federal authority (§252): When unlawful obstructions, combinations, assemblages, or rebellion make it impracticable to enforce U.S. laws through ordinary judicial processes.   To address domestic violence or rights deprivations (§253): When insurrection, domestic violence, or conspiracy hinders the execution of laws or deprives citizens of constitutional rights, and state authorities are unable, fail, or refuse to act. For the Minnesota scenario described in the post (involving federal agents and no mention of a state request), §§252 or 253 would likely apply, allowing action without state consent. Next Steps for InvocationIf President Trump decides to proceed, the process is straightforward but must follow statutory requirements. Here’s a step-by-step outline based on the law and historical precedents: Assess and Determine Applicability: The President (or advisors) evaluates whether the situation meets one of the Act’s criteria, such as rebellion against federal authority or obstructions to law enforcement. This is an internal executive decision, often informed by reports from agencies like DHS, DOJ, or DOD. No formal public step is required here, but it sets the legal justification.  Issue a Presidential Proclamation (§254): Before deploying forces, the President must publicly issue a proclamation ordering the “insurgents” or obstructors to disperse and return home peacefully within a specified time limit (e.g., hours or days). This serves as a formal warning and is a mandatory prerequisite under the law. The proclamation is typically published in the Federal Register and announced via White House channels.  Failure to issue this could make any deployment unlawful. Monitor Compliance and Issue an Executive Order for Deployment: If the proclamation is ignored, the President can issue an executive order authorizing the deployment of federal troops or federalizing the National Guard. This order specifies the scope, duration, and rules of engagement. Troops can then be mobilized to enforce laws, restore order, or protect federal operations (e.g., supporting ICE in this case). Deployment is not automatic upon invocation; it’s at the President’s discretion. Oversight and Termination: Once invoked, the deployment continues until the President determines the crisis is resolved. Congress can potentially override or limit it through legislation, but this is rare. The Act requires reporting to Congress “as soon as practicable” on the reasons and measures taken. https://twitter.com/CynicalPublius/status/2011886917311414381?s=20 Republican Rep. Harriet Hageman (WY-At-Large) challenged former Justice Department prosecutor Michael Romano on whether any participants in the January 6th protest in 2021 had been convicted under the federal insurrection statute. It was a question that led Democrat Rep. Jamie Raskin (MD-8) to attempt to interject, to no avail. https://twitter.com/BreitbartNews/status/2011604461412663618?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2011604461412663618%7Ctwgr%5Ecfabd7c33610a57fe0964ce3add2ff2ab7586c34%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Frusty-weiss%2F2026%2F01%2F15%2Fwatch-raskin-shut-down-after-hageman-exposes-insurrection-myth-at-new-j6-committee-n2198161 https://twitter.com/ChiefSund/status/2011625686289494153?s=20  the requests and denials GOP Rep. Neal Dunn Announces Retirement After Five Terms — Triggering Critical March 10 Special Election  Republican Congressman Neal Dunn (R-Fla.) has announced he will retire after five terms in the U.S. House of Representatives, opting not to seek re-election in 2026. The Panama City physician-serving lawmaker said he wants to spend more time with his family, but his departure comes at a perilous moment for the GOP as Republicans cling to a razor-thin House majority. Dunn's decision to step away from the House after a decade of service leaves Florida's 2nd Congressional District wide open and adds to a growing list of incumbents abandoning their posts ahead of one of the most consequential midterm cycles in recent memory. https://twitter.com/DrNealDunnFL2/status/2011092421866930495?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2011092421866930495%7Ctwgr%5E90201f9195637f0f3c794268082281e562876921%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2026%2F01%2Fgop-rep-neal-dunn-announces-retirement-after-five%2F Source: thegatewaypundit.com UPDATE: Pam Bondi Reveals Classified Leaker Behind Trump's Venezuela Operation Was Pentagon IT Contractor   Pam Bondi revealed that the classified leaker was a Pentagon IT contractor who has been arrested and jailed for endangering U.S. military operations and national security. U.S. Attorney General Pam Bondi has unmasked the traitor behind the illegal leak of classified information about President Trump's bold Venezuela operation. Pam Bondi revealed Wednesday night that the individual responsible for leaking classified information about President Trump's Venezuela operation was an IT contractor for the Department of War and he is now sitting in jail. The disclosure came during an explosive interview with Sean Hannity, where Bondi confirmed that the Trump DOJ and FBI are aggressively pursuing those who leak classified military intelligence and the media figures who obtain and publish it. Source: thegatewaypundit.com   https://twitter.com/elonmusk/status/2011673479813222821?s=20   https://twitter.com/MikeBenzCyber/status/2011574493966188556?s=20 https://twitter.com/profstonge/status/2011860087313154089?s=20   https://twitter.com/EricLDaugh/status/2011565907110224263?s=20  “These two individuals have been particularly egregious in their contempt of the President and putting their personal views in front of their duty as judges to carry out the jobs that they hold.” UPDATE: Pam Bondi Says Minnesota Prosecutors Didn't Quit — “I FIRED THEM ALL” After Refusing to Cooperate with ICE and Demanding Taxpayer-Funded Paid “Vacation” Till April Pam Bondi appears on Fox News' Hannity announcing that Minnesota prosecutors who refused to cooperate with ICE were fired. The narrative pushed by the corporate media has officially collapsed. After early reports claimed that at least six prosecutors in the Minneapolis U.S. Attorney's Office had “resigned in protest” over the Justice Department's actions following the fatal shooting of ICE protester Renee Nicole Good, Attorney General Pam Bondi stepped in and set the record straight.  According to The New York Times, the group of ousted attorneys includes Joe Thompson (Former Acting U.S. Attorney) Harry Jacobs Melinda Williams Thomas Calhoun-Lopez Ruth Schneider Tom Hollenhurst Source: thegatewaypundit.com HUGE WIN FOR ELECTION INTEGRITY: Supreme Court Greenlights Lawsuits Against Late Mail-In Ballots — Opens Door to Nationwide Challenges to Democrat Schemes The Supreme Court handed a crushing blow to the radical left's ballot-harvesting machine on Wednesday. In a stunning 7-2 decision, the High Court ruled that Republican Congressman Mike Bost (R-IL) has the legal standing to challenge Illinois's unconstitutional law that allows mail-in ballots to be counted up to 14 days after Election Day. This ruling reverses the Seventh Circuit and sends the case back to the lower court—where Illinois' late-ballot scheme will now be evaluated on the merits This is the game-changer we have been waiting for. For years, Democrats and their media allies have relied on “late-arriving ballots” to shift the results of elections days or even weeks after the polls close. We all remember what happened in 2020. We remember the “pauses” and the late-night spikes. But now, the Supreme Court has finally opened the floodgates for Republicans to sue to stop it. Chief Justice John Roberts, writing for the majority, made it clear: candidates have a “personal stake” in the rules governing their elections. This destroys the liberal argument that Republicans can't sue unless they can prove a specific fraudulent ballot cost them the race. The following states accept ballots that arrive late, as long as they have a valid postmark: Alaska California District of Columbia Illinois Maryland Massachusetts Mississippi Nevada New Jersey New York Oregon Texas (Note: Must be received by 5:00 PM the day after Election Day) Virginia Washington West Virginia Note on Territories: Puerto Rico, the U.S. Virgin Islands, and Guam also typically accept late-arriving ballots if postmarked by Election Day. Several states that previously accepted late-arriving ballots have recently passed laws requiring ballots to be in the hands of election officials by the time polls close on Election Day, regardless of when they were mailed. Kansas (Changed in 2024/2025) North Dakota (Changed in 2025) Ohio (Changed in 2025) Utah (Changed in 2025) In all other states (e.g., Florida, Georgia, Michigan, Pennsylvania, Wisconsin, Arizona), your ballot must be received by the county election office by the close of polls on Election Day. Source: thegatewaypundit.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

Tomás Pueyo, the French-Spanish engineer and writer behind the successful "Uncharted Territories" Substack, joins us to dismantle the invisible forces that shape our history and future. We cover why humans are horrible at understanding exponential change, the geographical advantages of the U.S, why the Luddites might have been right, the "social media politician" of the future, why education is mostly signaling, and how air conditioning and mosquito eradication could change the destiny of nations.   Important Links: Tomas's Website X / Twitter LinkedIn Substack: Uncharted Territories YouTube Channel  

Are you into trivia? Calling all connoisseurs of the cryptic to the only quiz played live, all around Australia. Join the host of Nightlife Philip Clark for The Mighty Challenge!   

Naming the different parts of the great state of Ohio.

In this episode, I'm joined by Virginie Raphael — investor, entrepreneur, and philosopher of work — for a wide-ranging conversation about incentives, technology, and how we build systems that scale without losing their humanity. We talk about her background growing up around her family's flower business, and how those early experiences shaped the way she thinks about labor, value, and operating in the real economy. That foundation carries through to her work as an investor, where she brings an operator's lens to evaluating businesses and ideas. We explore how incentives quietly shape outcomes across industries, especially in healthcare. Virginie shares why telehealth was a meaningful shift and what needs to change to move beyond one-to-one, supply-constrained models of care. We also dig into AI, venture capital, and the mistakes founders commonly make today — from hiring sales teams too early to raising too much money too fast. Virginie offers candid advice on pitching investors, why thoughtful cold outreach still works, and how doing real research signals respect and fit. The conversation closes with a contrarian take on selling: why it's not a numbers game, how focus and pre-qualification drive better outcomes, and why knowing who not to target is just as valuable as finding the right people. If you're thinking about the future of work, building with intention, or navigating entrepreneurship in an AI-accelerated world, this episode is for you. And for more conversations like this, join us at Snafu Conference 2026 on March 5th, where we'll keep exploring incentives, human skills, and what it really takes to build things that last. Start (0:00) Reflections on Work, Geography, and AI Adoption Virginie shares what she's noticing as trends in work and tech adoption: Geographic focus: she's excited to explore AI adoption outside traditional tech hubs. Examples: Atlanta, Nashville, Durham, Utah, Colorado, Georgia, North Carolina, parts of the Midwest. Rationale: businesses in these regions may adopt AI faster due to budgets, urgency, and impatience for tech that doesn't perform. "There are big corporates, there are middle and small businesses in those geos that have budget that will need the tech… and/or have less patience, I should say, for over-hub technologies that don't work." She notes that transitions to transformational technology never happen overnight, which creates opportunities: "We always underestimate how much time a transition to making anything that's so transformational… truly ubiquitous… just tends to think that it will happen overnight and it never does." Robin adds context from her own experience with Robin's Cafe and San Francisco's Mission District: Observed cultural and business momentum tied to geography Mentions Hollywood decline and rise of alternative media hubs (Atlanta, Morocco, New Jersey) Virginie reflects on COVID's impact on workforce behaviors: Opened a "window" to new modes of work and accelerated change: "There were many preexisting trends… but I do think that COVID gave a bit of a window into what was possible." Emphasis on structural change: workforce shifts require multi-year perspective and infrastructure, not just trends. Investor, Mission, and Capital Philosophy Virginie clarifies she is an investor, not a venture capitalist, resisting labels and prestige metrics. "I don't call myself a venture capitalist… I just say investor." Focuses on outcomes over categories, investing in solutions that advance the world she wants to see rather than chasing trendy tech sectors. "The outcome we want to see is everyone having the mode of work that suits them best throughout their lives." Portfolio themes: Access: helping people discover jobs they wouldn't otherwise know about. Retention / support: preventing workforce dropouts, providing appropriate healthcare, childcare, and caregiving support. "Anyone anywhere building towards that vision is investible by us." Critiques traditional venture capital practices: Raising VC money is not inherently a sign of success. "Raising from a VC is just not a sign of success. It's a milestone, not the goal." Concerned about concentration of capital into a few funds, leaving many founders unsupported. "There's a sense… that the work we do commands a lot less power in the world, a lot less effectiveness than holding the capital to hire that labor." Emphasizes structural, mission-driven investing over chasing categories: Invests in companies that prevent workforce dropouts, expand opportunity, and create equitable access to meaningful work. Portfolio strategy is diversified, focusing on infrastructure and long-term impact rather than quick wins. "We've tracked over time what type of founders and what type of solutions we attract and it's exactly the type of deal that we want to see." Reflects on COVID and societal trends as a lens for her investment thesis: "COVID gave a bit of a window into what was possible," highlighting alternative modes of work and talent distribution that are often overlooked. Labor, Ownership, and Durable Skills Virginie reframes the concept of labor, wages, and ownership: "The word labor in and of itself… is something we need to change." Interested in agency and ownership as investment opportunities, especially for small businesses transitioning to employee ownership. "For a very long time… there's been a shift towards knowledge work and how those people are compensated. If you go on the blue-collar side… it's about wages still and labor." Emphasizes proper capitalization and alignment of funds to support meaningful exits for smaller businesses, rather than chasing massive exits that drive the VC zeitgeist. AI fits into this discussion as part of broader investment considerations. Childhood experience in family flower business shaped her entrepreneurial and labor perspective: Selling flowers, handling cash, and interacting with customers taught "durable skills" that persisted into adulthood. "When I think of labor, I think of literally planting pumpkin plants… pulling espresso shots… bringing a customer behind the counter." Observing her father start a business from scratch instilled risk-taking and entrepreneurial spirit. "Seeing my dad do this when I was seven… definitely part of that." Skills like sales acumen, handling money, and talking to adults were early lessons that translated into professional confidence. Non-linear career paths and expanding exposure to opportunity: Concerned that students often see only a narrow range of job options: "Kids go out of high school, they can think of three jobs, two of which are their parents' jobs… Surely because we do a poor job exposing them to other things." Advocates for creating more flexible and exploratory career pathways for young people and adults alike. Durable skills and language shaping work: Introduction of the term "durable skills" reframes how competencies are understood: "I use it all the time now… as a proof point for why we need to change language." Highlights the stigma and limitations of words like "soft skills" or "fractional work": Fractional roles are high-impact and intentional, not temporary or inferior. "Brilliant people who wanna work on a fractional basis… they truly wanna work differently… on a portfolio of things they're particularly good at solving." Work in Progress uses language intentionally to shift perceptions and empower people around work. Cultural significance of language in understanding work and people: Virginie notes that language carries stigma and meaning that shapes opportunities and perception. References Louis Thomas's essays as inspiration for attention to the nuance and power of words: He'll take the word discipline and distill it into its root, tie it back into the natural world." Robin shares a personal anecdote about language and culture: "You can always use Google Translate… but also it's somebody learning DIA or trying to learn dharia, which is Moroccan Arabic… because my fiance is Moroccan." Human-Positive AI, Process, and Apprenticeship Virginie emphasizes the value of process over pure efficiency, especially in investing and work: "It's not about the outcome often, it's about the process… there is truly an apprenticeship quality to venture and investing." Using AI to accelerate tasks like investment memos is possible, but the human learning and iterative discussion is critical: "There's some beauty in that inefficiency, that I think we ought not to lose." AI should augment human work rather than replace the nuanced judgment, particularly in roles requiring creativity, judgment, and relationship-building: "No individual should be in a job that's either unsafe or totally boring or a hundred percent automatable." Introduces the term "human-positive AI" to highlight tools that enhance human potential rather than simply automate tasks: "How do we use it to truly augment the work that we do and augment the people?" Project selection and learning as a metric of value: Virginie evaluates opportunities not just on outcome, but what she will learn and who she becomes by doing the work: "If this project were to fail, what would I still learn? What would I still get out of it?" Cites examples like running a one-day SNAFU conference to engage people in human-centered selling principles: "Who do I become as a result of doing that is always been much more important to me than the concrete outcomes of this thing going well." AI Bubble, Transition, and Opportunity Discusses the current AI landscape and the comparison to past tech bubbles: "I think we're in an AI bubble… 1999 was a tech bubble and Amazon grew out of it." Differentiates between speculative hype and foundational technological transformation: "It is fundamental. It is foundational. It is transformative. There's no question about that." Highlights the lag between technological introduction and widespread adoption: "There's always a pendulum swing… it takes time for massively transformative technology to fully integrate." AI as an enabler, not a replacement: Transition periods create opportunity for investment and human-positive augmentation. Examples from healthcare illustrate AI's potential when applied correctly: "We need other people to care for other people. Should we leverage AI so the doctor doesn't have to face away from the patient taking notes? Yes, ambient scribing is wonderful." Emphasizes building AI around real human use cases and avoiding over-automation: "What are the true use cases for it that make a ton of sense versus the ones we need to stay away from?" History and parallels with autonomous vehicles illustrate the delay between hype and full implementation: Lyft/Uber example: companies predicted autonomous vehicles as cost drivers; the transition opened up gig work: "I was a gig worker long before that was a term… the conversation around benefits and portability is still ongoing." AI will similarly require time to stabilize and integrate into workflows while creating new jobs. Bias, Structural Challenges, and Real-World AI Experiments Discusses the importance of addressing systemic bias in AI and tech: Shares the LinkedIn "#WearThePants" experiment: women altered gender identifiers to measure algorithmic reach: "They changed their picture, in some cases changed their names… and got much more massive reach." Demonstrates that AI can perpetuate structural biases baked into systems and historical behavior: "It's not just about building AI that's unbiased; it's about understanding what the algorithm might learn from centuries of entrenched behavior." Highlights the ongoing challenge of designing AI to avoid reinforcing existing inequities: "Now you understand the deeply structural ingrained issues we need to solve to not continue to compound what is already massively problematic." Parenting, Durable Skills, and Resilience Focus on instilling adaptability and problem-solving in children: "I refuse to problem solve for them. If they forget their homework, they figure it out, they email the teacher, they apologize the next day. I don't care. I don't help them." Emphasizes allowing children to navigate consequences themselves to build independence: "If he forgets his flute, he forgets his flute. I am not making the extra trip to school to bring him his flute." Everyday activities are opportunities to cultivate soft skills and confidence: "I let them order themselves at the restaurant… they need to look the waiter in the eye and order themselves… you need to speak more clearly or speak loudly." Cultural context and exposure shape learning: Practices like family meals without devices help children appreciate attention, respect, and communication: "No iPad or iPhone on our table… we sit properly, enjoy a meal together, and talk about things." Travel and cultural exposure are part of teaching adaptability and perspective: "We spent some time in France over the summer… the mindset they get from that is that meals matter, and people operate differently." Respecting individuality while fostering independence: "They are their own people and you need to respect that and step away… give them the ability to figure out who they are and what they like to do." Parenting as a balance of guidance and autonomy: "Feel like that was a handbook that you just offered for parenting or for management? Either one. Nobody prepares you for that… part of figuring out." Future of Work and Technology Horizons Timeframes for predicting trends: Focus on a 5-year horizon as a middle ground between short-term unpredictability and long-term uncertainty: "Five years feels like this middle zone that I'm kind of guessing in the haze, but I can kind of see some odd shapes." Short-term (6–18 months) is more precise; long-term (10–15 years) is harder to anticipate: "I'm a breezy investor. Six months at a time max… deal making between two people still matters in 18 months." Identifying emerging technologies with latent potential: Invests in technologies that are ready for massive impact but haven't yet had a "moment": "I like to look at technologies that have yet to have a moment… the combo of VR and AI is prime." Example: Skill Maker, a VR+AI training platform for auto technicians, addressing both a labor shortage and outdated certification processes: "We are short 650,000 auto technicians… if you can train a technician closer to a month or two versus two years, I promise you the auto shops are all over you." Focuses on alignment of incentives, business model innovation, and meaningful outcomes: "You train people faster, even expert technicians can benefit… earn more money… right, not as meaningful to them and not as profitable otherwise." Principles guiding technology and investment choices: Solving enduring problems rather than temporary fads: "What is a problem that is still not going to go away within the next 10–15 years?" Ensuring impact at scale while creating economic and personal value for participants: "Can make a huge difference in the lives of 650,000 people who would then have good paying jobs." Scaling, Incentives, and Opportunity Re-examining traditional practices and identifying opportunities for change: "If you've done a very specific thing the exact same way, at some point, that's prime to change." Telehealth is an example: while helpful for remote access, it hasn't fundamentally created capacity: "You're still in that one-to-one patient's relationship and an hour of your time with a provider is still an hour at a time." Next version of telehealth should aim to scale care beyond individual constraints: "Where do we take telehealth next… what is the next version of that that enables you to truly scale and change?" Incentives shape outcomes: "Thinking through that and all the incentives… if I were to change the incentives, then people would behave differently? The answer very often is yes, indeed." Paraphrasing Charlie Munger: "Look for the incentives and I can tell you the outcome." Founders, Pitching, and Common Mistakes Pet peeves in founder pitches: Lack of research and generic outreach is a major turn-off: "I can really quickly tell if you have indeed spent a fraction of a minute on my site… dear sir, automatic junk. I won't even read the thing." Well-crafted, thoughtful cold inbound pitches get attention: "Take some time. A well crafted cold inbound will get my attention… you don't need to figure out an intro." Big mistakes entrepreneurs make: Hiring too early, especially in sales: "Until you have a playbook, like don't hire a sales team… if you don't have about a million in revenue, you're probably not ready." Raising too much capital too quickly: "You get into that, you're just gonna spend a lot more time fundraising than you are building a company." Comparing oneself to others: "You don't know if it's true… there's always a backstory… that overnight success was 15 years in the making." Sales Strategy and Non-Sales Selling Approach is contrarian: focus on conversion, not volume: "It is not a numbers game. I think it's a conversion game… I would much rather spend more time with a narrower set of targets and drive better conversion." Understanding fit is key: "You gotta find your people… and just finding who is not or should not be on your list is equally valuable." Recognizes that each fund and business is unique, so a tailored approach is essential: "The pitch is better when I'm talking to the quote unquote right people in the right place about the right things." Where to Find Virginie and Her Work Resources for listeners: Full Circle Fund: fullcirclefund.io  Work in Progress: workinprogress.io  LinkedIn: Virginie Raphael  Where to Access Snafu Go to joinsnafu.com and sign up for free.  

In global strategy, huge pressure points always involve the world's most important liquids. Energy uncertainty is now the norm. The destruction of Turkey will make openings for the West. Persian nuclear programs reflect prophesies. A short war is predicted. Turkey will strike Greece with a nod from NATO. Red rain and Iran's water crisis. Kharg Island sits on powerful and vulnerable energy routes. A strategic facility with millions of gallons stored. Fixed assets often become strategic liabilities. It's all about oil price stability. Bibi may be trying to kill peace talks. Geo-ambiguity is gold. The psycho Mullah's are exporting Islam. Tehran's priorities are being attacked from all around. On Kharg, it's indigenous people only for stability. Keeping the Israel card instead of playing it. In 1978, Obama's mom and Peter Strock Sr. made Iran. Remember when Killary wanted to know where Nimrod was buried? Water is a social stability pressure point for outside actors. A different nuclear capability threshold is now in play. Trump's verbiage disciplines allies and re-writes change. Managed fear is a great weapon. Remember, some of what we are hearing may actually be true. Buckle up with your faith in God, because the ride is going to get bumpy.

We all love winners. We love hearing about the big wins and the perfect track records. It feels good. It feels safe. It instills us with a sense of trust. But I've been in business long enough to know that virtually all individuals who are long-term winners have had profound moments of failure from which they learned invaluable lessons. Those are the people I really want to hear from. They have the kind of knowledge we all need as we navigate through life. It's called wisdom. Surgeons have a saying: “If you've never had a complication, you haven't done enough surgery.” In my surgeon days, I had a handful of complications. Let me tell you—they are no fun. You stay up at night replaying things in your mind, trying to figure out how you could have done things differently—how you could have had a better outcome. Even when unavoidable, those complications teach you something you'll never get from textbooks. It's been no different for me when it comes to business and investing. But I take comfort in knowing that even the greatest investors of all time had their moments of failure and rose from the ashes stronger and wiser. Warren Buffett. Ray Dalio. Every big winner has a story of failure. And while it may be cliché to say that we learn best from mistakes, I truly believe it. The good news is that those mistakes don't have to be our own. Learning from other people's mistakes can be just as effective. This week's episode of the Wealth Formula Podcast is with Russell Gray—a guy many of you already know from his podcasting and radio career. Russ lived through 2008 up close. He took a beating, and he talks openly about what went wrong. But that period also changed the way he sees the world—in a good way. It changed how he thinks about risk, leverage, and what actually matters when things stop going up. That mindset is a big reason he's been successful since then. It's a conversation worth your time. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  If you let the debt run, at some point you fall into a debt trap where the interest on the outstanding debt consumes all of the available discretionary income, and then you’re borrowing just to service the debt. Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast coming to you from Montecito, California. Before we begin today, I wanna remind you there’s website associated with this. Podcast called wealthformula.com. It’s where you will go if you would like to, uh, become more, uh, ingrained with the community, including getting on some of our lists such as the Accredit Investor Club. Of course, it is a new year and there are new deal flows coming through. Lots of opportunities that you won’t see anywhere else if you are a, an accredit investor, which means you. Make at least $200,000 per year for the last couple years with a reasonable expectation of doing so in the future. That’s 300,000 if you’re filing jointly or you have a million dollars of net worth outside of your personal residence. If you, uh, meet those criteria, you are an accredited investor. Congratulations. You don’t have to apply for anything, whatever, but you do need to go to wealthformula.com. Sign up for the Accredited Investor Club, get onboarded. And all you do at that point is look at deal flow, and if nothing else, you’ll learn something. So check it out. And who doesn’t want to be part of a club? Now let’s talk, uh, a little bit about today’s show. You know, um, we all love winners, right? We love hearing about big wins, the perfect track record. It feels good. It feels safe, gives us a sense of trust. But the thing is, I’ve been in business long enough to know that virtually all individuals who are, what you would call long-term winners, have had profound moments of failure from which they learned, um, invaluable lessons. So those are the people that I really like to hear from. You know, they have the kind of knowledge we all need that as we navigate through all of life, and it’s called wisdom. Um, surgeons, as you know, I’m an ex surgeon. Have a saying, if you’ve never had a complication, you haven’t done enough surgery. Uh, in my surgery days, I certainly, you know, had a handful of complications just like anyone else who did a lot of surgery. And, and lemme tell you, there, there are no fun, right? So you stay up at night replying things in your mind, trying to figure out how you could have done things differently, how you could have had a better outcome. And sometimes you realize that those mistakes were unavoidable, but. You still learn something from them. And in these cases, you always learn something that you’re not gonna get from the textbooks, just from reading something. And you know what, it’s been no different for me when it comes to business and, and investing, but I, I take comfort in the fact, uh, that even the greatest investors of all time had their moments of failure and arose from the ashes stronger and wiser. All you have to do is look up stories of Warren Buffet and Ray Dalio. And Ray Dalio basically lost everything at one point, uh, because he, you know, he had a macro prediction that went completely south. But listen, uh, the, the point I’m trying to make here is that every big winner, every big winner I know of as a story of failure. And while it may be cliche to say, you know what we learned best from our mistakes, I, I truly believe that. But the good news is that those mistakes don’t have to be our own, right? So you can learn from other people’s mistakes as well, and that can be just as effective. Uh, so this week’s episode of Well, formula Podcast is featuring a guy that you may know. His name is Russell Gray. Russ, uh, has been around a long time, uh, in the podcasting world. And radio. You know, he talks a lot. He’s talked many times to me at least about living through 2008. And you know what that was like, the beating he took and, you know, what went wrong? Uh, you know, it’s, it’s something that he talks about because, you know, he’s a successful guy and that period in time changed. You know, the way he sees the world, the way in which he behaves in that world. How he thinks about things like risk and leverage and you know, what actually matters when things stop going up. Uh, it’s a mindset thing and it’s important. Um, and we also obviously talk about other things as well, such as, uh, Russ’s current take on the economy. Uh, so anyway, it’s a, a good conversation and it’s one that you’re gonna wanna listen to, and we’ll have that for you right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbo charge your investments. Visit www.wealthformulabanking.com. Again, that’s wealth formula banking.com. Welcome back to Show Everyone. Today my guest on Wealth Formula podcast is Russell Gray. He’s a second generation financial strategist and, uh, you may know him from being a, the former co-host of the Real Estate Guy Radio Show, which is one of the longest running, uh, uh, radio shows of its time, uh, in the United States. He’s, he’s a founder of. Raising Capitalist project, which is an initiative focused on helping aspiring investors and entrepreneurs how to better understand how wealth is actually created and how uh, economic systems really work. Uh, he’s best known for his emphasis on real assets, cash flow, economic cycles, and preserving wealth and what he views as an increasingly fragile financial system. Welcome, Ross. How are you? Good buck, happy to be here. And, uh, proud of your success on your show. I remember way back at the beginning you were like, Hey, I wanna start a podcast. Yeah. Yep. You’ve done a great job. Yeah, it was an idea. I was like, here’s the idea. Start a podcast, build a community, all that kind of stuff. But it’s interesting. Uh, well, and let’s talk about what’s going on now. You’ve spent decades teaching people about, you know, real assets and cash flow. But lately your writings feel more focused on systems and and macro forces. So what’s changed? Has something finally become too big to ignore? Well, I think there’s two things you know personally, uh, most people who have heard of me or followed me know that 2008 wasn’t kind to me. I was in the mortgage business. I was very leveraged into real estate all over the place. Had my businesses for cash flow, had the real estate for equity growth. Believed that real estate was hyper resilient and gonna be the beneficiary of inflation. Didn’t understand the dependency on credit markets in both my business and my portfolio. And so that was a big mess, not doing, uh, a real SWOT analysis and understanding. And the third part of that, that was tough, is that I operated the business primarily on credit lines as well. So I had virtually no cash. And so when the credit markets seized up. Canceled my income, it canceled my credit lines and it evaporated my equity. And now all I had was negative cash flow on debt, on real estate. I couldn’t control. And so I looked at that and I said to myself, you know, I’m a pretty smart guy. I. Pride myself on paying attention. So obviously I’m not paying attention to the right thing. So I became obsessed with the macro, uh, picture and, and the financial system, which, you know, to me it’s, it’s the macro economy is what’s going on with, uh. Geopolitics and the energy and, you know, even policy, uh, that affects, uh, how well money can flow through the system. Both monetary policy from the Federal Reserve and fiscal policy from the government now today in the Trump administration trade policy. And so I began to pay attention to all those things, but from the standpoint of not how it was gonna affect the stock market, but how it was gonna affect the bond market and interest rates and the availability of credit, and how it was gonna affect Main Street. Directly and specifically now in terms of jobs and job creation are real wages. And so when I started really looking at all that, um, I, I, I realized that there were some things happening that were gonna be really good, and there were also some things that we needed to pay attention to. And these things move very slowly. So in 2010. I saw that coming outta the financial crisis, the Chinese were very upset with the United States about how much the Fed Balance sheet was expanding, and they were concerned about their very large investment in US dollar denominated. Bonds, and so they began creating bilateral trade agreements with Russia and many other countries to where they could begin this large process of de Dollarizing. Well, that was the first time I’d seen that movie, because it was the same thing that the Europeans did after they saw the Nixon default. Right? They began working on the Euro, which took ’em from 71, 72 when they started, maybe 74 when they started, but it took ’em till 99 to get it done. But you know, once they got it in place, over time, the Euro, the Euro has taken over 20% of global trade. You know, that’s market share from the US dollar. And so I saw this BrickX thing beginning to form. Uh, and then I saw the other thing on the macro that I thought was gonna be really good was in the jobs act, something you’ve benefited from as a syndicator, we. I wrote that report, new law breaks Wall Street Monopoly. And so, uh, even though I, I can’t tell you I was a big fan of Barack Obama, but he signed that legislation that happened on his watch. And I think it was fantastic because now it allowed Main Street syndicators, main Street Capital raisers to advertise for accredited investors and began to really, uh, level that playing field and open up Main Street, uh, to invest directly in Main Street. And so I met you in the syndication program that we put together with the real estate guys to coach real estate investors on how to become capital raisers to, to capitalize on that trend. So that’s, you know, kind of how I kind of became doing what I’m doing. And then when I decided, uh, just about 20 months ago to depart the real estate guys, I wanted to take some of the things that I originally set out to do when I first met Robert Helms way back in the day. And, you know, as relationships go, you know, he has his interest in the things that he wants to do, and I had my interest in things I came to do. And for a long time we were aligned well enough to continue to work together. But it got to a point where, for me, I, I wanted to go off in a different direction, and part of that was driven. By the, the death of my late wife. Uh, you had me on the show right after that happened to me, and I was going through this like, who am I? Why am I here? What am I supposed to do next? What do I really want to get done before I die? And so all of those things kind of informed my personal decisions to, to make a switch. And then of course, what’s going on in the macro. Um, what I saw with Trump 1.0, what I saw in the Biden administration and those policies, and then what I thought would happen in Trump 2.0. And I did a presentation on this at the best ever conference in March of 2025, right after he’d been inaugurated. And, and so, uh, that, that’s kind of has me where I feel like there’s some real opportunity coming. Uh, there’s also some things we need to be aware of on Main Street. Yeah. So you’re bullish on Main Street in general, but you’ve been pretty cautious about the broader financial system. So, uh, what are the things that you’re worried about? Well, I, I think if you understand the way the financial system works, uh, it has a shelf life and that. It’s because it’s, it’s a system that is, depends upon ever increasing debt. Um, people say, I wanna pay the debt off, but if they, if they really understood the system, at least the way I think I understand it, uh, and I’m not alone in this, so it’s not something I just figured out on my own. But, um, you know. I, I don’t want to sit here and pretend like I’m the world’s foremost expert, but the way I understand the way the system works is that it, it requires ever increasing debt, and if we were to pay the debt off, it would collapse the system. So I think you waste a lot of time and energy and from a policy perspective, trying to argue about doing that. And I think that’s why it’s never, ever, no matter what administration, what politician, what mix of congress, what. Pressure there is everywhere globally. The system, the central banking system, the way it works globally, is designed to create ever increasing debt. So the, the flip side of that then is to let the debt run. And if you let the debt run, at some point you fall into a debt trap where the interest on the outstanding debt consumes all of the available discretionary income. And then you’re borrowing just to service the debt. Yeah, that’s about $1 trillion right now, by the way. Which is. Which is, uh, about the, the, the defense, uh, budget. Well, and I think that the bigger thing is when you look at, at the interest on the debt and mandatory spending, there’s virtually no room left after that. So if you’ve got, you’ve got the mandatory spending and you’ve got, um, debt service, you, you have very little room. So it’s not. Feasible either for two reasons. One is there’s just not enough discretionary room to be able to cut expenses enough to, to ever manage the debt. Number two, as I previously mentioned, if we were ever to effectively try to pay down the debt in any appreciable way, it would crash the the system. So the, the way I look at it is it’s, it’s, it’s got to be replaced. There’s going to be a great reset. I think the World Economic Forum was trying to set that up for the world, and they had an agenda. I’m, I’m not particularly fond of. Um, there’s been talk about creating a central bank digital currency, which I think is what, you know, the Federal Reserve and the, what I all call the wizards, uh, or the powers of B would prefer. Uh, but I think if you care about privacy and, and, you know, individual sovereignty, uh, and, and just personal freedom, um, I have a lot of concerns about a central bank digital currency. Um, I think the popularity of Bitcoin, uh, if it was, you know, and who knows what the. True origins were, but let’s just take it at face value. I think a lot of the people, at least that were the early adopters before it had the big price run up, was just a way to escape, uh, the system before it failed. And so you’ve got that. And then you’ve got, again, as I mentioned, the bricks and this global effort to de dollarize, which was I think really kicked off. After the great financial crisis and the massive expansion of the Fed’s balance sheet. And then I think picked up a little steam when we froze Russian assets and people began to see that the US might use the dollar and the dollar system, uh, for political instead of being neutral. And I think that picked up some steam. And, and so there’s, there’s both a geopolitical drive to. Uh, come up with a new system. There is, I think we’re at the end of a shelf life that some type of a new system is gonna have to be, uh, created. Uh, and, and then you look at what Donald Trump is doing and what he’s espousing. You know, let’s get rid of income taxes. Let’s get back to pulling in, uh, revenue from tariffs the way the country was originally founded. Uh, he’s talked about eliminating the IRS and going with an ERS, an external revenue service. There’s people that think that he might beat. Wanting to try to get back on some form of sound money, you know, coming out of, Hey, let’s audit the Fed, let’s audit the gold. I mean, let’s audit the gold. And, um, so, you know, we, you, you never know what what’s really gonna happen, but, but I think what we have to pay attention to are the signs that the system is beginning to break down. And one of those signs that I pay a lot of attention to is monetary, metals, gold and silver. I make a distinction between precious metals, which would also include platinum and palladium, and of course they’re strategic metals, but I just focus on monetary metals, which would be gold and silver, and gold and silver. We’re telling you that people would prefer to be the, the, the safe ha haven asset is no longer us treasuries, but, um, but, but gold and central banks have been driving a lot of it. This isn’t the retail market driving it yet. It, it’s really central banks have been accumulating. And so those are the ultimate insiders when it comes to currency. And if the insiders in the currency markets are repositioning into gold, uh, I’d, I’d call that a clue. Yeah, absolutely. Um. Yeah. You recently commented on the public criticism, president Donald Trump made toward, uh, uh, Peter Schiff. What stood out to you about that exchange? Maybe give us some background people. Not everybody knows who Peter is and, and, uh. And all that. So, yeah. Well, I mean, as you know, I’ve known Peter for 12 or 13 years and, uh, I had read his father’s work way back in the day. He is a very famous in the tax protestor world as somebody who just believed that income taxes were unconstitutional. And he resisted that and ended up going to jail for, died in jail as a matter of fact. And so that was, uh, I think sad. Um. But, but to me it felt like a little bit of being a political prisoner, but be that as it may, that’s how I got to know Peter. And so Peter is a guy that comes from the Austrian School of Economics and he believes in sound money. He believes in gold. He does not like Bitcoin. I’ve sat on panels the last two years with Peter, uh, in between him and Larry Lepard. And you know, Larry is a, a former gold guy. He’s still not opposed to gold, but he’s a hardcore sound money guy. But he likes Bitcoin. Peter hates Bitcoin and they get into it, and I usually sit in between ’em and try to keep things calm. Well, you know, so Peter ended up going on Fox and Friends, uh, I think on whatever it was, Friday the eighth I think it was, or whatever, whatever day that was. And he, he criticized Donald Trump’s spending. And, um, budget deficits and said that it would lead to inflation, and that’s a hot button for Trump. And so Trump, yeah. Uh, responded to him, uh, I think like four 30 in the morning on Saturday morning and called Peter, uh, a. Jerk and a total loser. Well, actually I saw it before Peter did, and so I took a screenshot and I texted it to him. I said, Hey, have you seen this? You know, maybe I’ll press is good press. And I think to a degree, maybe it has been me from, I understand Peter ended up on Tucker Carlson’s show as a result of that. So, but I made a video right after that because I, you know, there was a time when. I’m friends with Peter Schiff and I’m friends with Robert Kiyosaki. As you know, I, we introduced you to both those guys and, and at one point they didn’t like each other very much. They got into it ’cause, you know, and, and so we introduced ’em to each other and found that they had more in common than they, they didn’t. And I, I think that that would be true. Not that I’m in a position to introduce Peter to, to Donald Trump, but I think the way Peter is looking at it is true. Um, but there’s context and I think the context is super important. Now I’ve been studying Donald Trump as a businessman way before he was a presidential candidate or a politician, you know, before he was a polarizing guy, a pariah for some people. He, he was just this real estate guy. He’s good at marketing, he’s a real estate guy, and as you know. We got to know his longtime attorney, George Ross. And so I’ve had a chance to have conversations about what it was like working with Donald Trump, the real estate guy, and when he became a politician, I asked George, is he a crazy man? Does he shoot from the hip? And you know, I got a lot of reassurances that he is a sober sound. Methodical, self-disciplined guy and, and I think he uses the eroticism to keep people off balance as a negotiating tactic. And he writes about that in the art of the deal. So the context that I think that people need to have, and I’m not here to defend Donald Trump, the man. I’m not here to defend Donald Trump, the politician, but I look at the policies and what I think he’s up to in the context of realizing that we have a system that is fundamentally flawed and has to be remodeled. So to use a real estate, uh, metaphor, it would be like we have a hotel building that is very tired. It’s at the end of its life, it’s got to be remodeled, and so you can’t. Completely shut it down because it’s an operating business, so it’s gotta operate during the remodel. And so you begin to, um, reposition things and. You, you, you’re not gonna run optimally, so you’re gonna run some deficits while you’re doing the remodel. You’re gonna go into debt because you got a lot of CapEx to do, and during that period of time, your debt and deficits are gonna be a problem. But real estate guys look at debt and deficits not as a permanent condition. I think Peter is saying, Hey, you’re just running up debt and deficits. Well, in the short term he is. Honestly, I don’t think Trump is concerned about that. I think he’s focused on getting this remodel done, and part of that remodel was showed up in the last jobs report, right? We lost jobs to a degree, but they were government jobs, and what we got was a lot of gains in private sector jobs. Scott descent, his treasury secretary, has come out and overtly said, we are an administration for Main Street, not for Wall Street. So if you’re going to de financialize this economy and turn it back into a productive economy. You’re going to have to have policies that are gonna stimulate Main Street, and that’s, that’s the, the, the new units that you’ve rehabbed in your hotel that you wanna move people into. At the same time, you gotta move them outta the old units, which is people making money, trading claims on wealth instead of producing real goods and services, which is the financial ice economy. So it’s not about banking, it’s not about stocks, it’s not about Wall Street. You know, you need the stock market to stay up. But really what you need to do is you need to create production. And, and, and I think that’s fundamental. I think he understands we’re never gonna pay the debt off by cutting. We’ve got to keep the system running until we can get to some form of sound money. We’re actually paying the debt off as realistic, and then we have to earn so much money that the debt relative to our earnings shrinks. So it’s not paying down the debt, it’s paying down the percentage of GDP by growing GDP. And the presentation I did at best ever in March of 2025 was me explaining why I thought. His policies, were going to allow him to increase velocity and increase wages by cutting taxes, interest regulation, transportation costs, and, and again, that was six weeks into administration. That was theory. I’m gonna do a follow up in March of this year to say, okay, looking back when I gave the speech a year ago, what’s transpired, but I can already tell you a lot of the stuff that I thought he would do. He’s done. And I think that’s muting some of the inflation that his spending and deficits to Peter’s point are causing. And that’s why when this last CPI report came out, it wasn’t as ugly as everybody thought it would be. And, and this is when you don’t look at, when you look at it in the mono, you just look at one thing and Peter’s very fixated on this quantity of money theory. Then the expectation is that you print a bunch of money, you run a bunch of deficits, you’re gonna get inflation. And it’s just a. Equals B or A leads to B. But there are other nuances and I think Trump is looking at more like a real estate developer, which makes sense. ’cause that’s his background. Yeah, yeah, absolutely. It’s, I mean, and then the other just point to, to make there is that there is probably, um, now inflation’s a tricky thing, right? Like on the one hand you don’t want this riding up, but on the other hand, it actually helps with that debt. You’re, you’re basically eroding the debt by letting inflation ride a little bit higher at the same time. And I think the Trump administration knows that it’s a tricky thing to balance, but the goal is to, you know, get GDP pumping at, you know, four or 5%, but it’s gotta be real production buck. And that’s the difference, right? The old way of dealing with the debt was inflation. And, and I think people think that he’s using the old formula, but I don’t think he is. Well, I think it’s, I think, I think it’s definitely geared towards increasing real GDP, but I think in the process there’s probably, they probably care less a little bit. Of inflation riding up a little bit in the meantime. ’cause you’re still gonna have, I think he thinks he can mute it. I think he can mute it with lower taxes, lower interest expense, lower energy costs. And the energy is the economy. And from day one, that was the first policy. He’s, he’s aggressively gone after lowering energy costs because that has a, a, a ripple through, it just affects every area of the economy. And then the regulations in, in the last cabinet meeting. It was reported, the way I understood it, that for every regulation his administration passes, they’ve eliminated 48. So it’s actually, he’s removing the friction. And I think the bigger thing is, and I, and I was on a panel at Limitless, uh, this last summer, and TaRL, Yarborough was moderating the panel, asked the panelists what we were looking at that maybe other people weren’t looking at that. Um. You know, is, is a signal about maybe the direction it was. We, I, I can’t remember. This was a prediction panel and what I said was trade policy because everybody in finance spends all their time looking at the flow of money and trying to get in front of the flow of money. And we’re so used to the money coming from the Fed or coming from the treasury. So they’re gonna come from monetary policy or fiscal policy. And that’s what Peter’s doing. He’s looking at the Fed and he is looking at the treasury. And so what I’m looking at is not just the tariff income, which is relatively minor, but I’m looking at the trade deals, and those are published at the White House and there’s a couple trillion dollars of money that’s FDI, foreign Direct Investments coming right into Main Street. And it’s gonna build infrastructure. It’s gonna build factories. It’s good. And they tell you where it’s gonna be because they, they came back with the opportunity zones, which I thought they would do. Makes sense. It’s the way he thinks. And then taking those opportunity zones, the governors can say where in their state they want that money to go. Well, people on Wall Street don’t think geography ’cause they operate in a commodity world that trades on global exchanges. But real estate people. Geography matters a lot. So if I’m a Main Street person, I live on Main Street and I’m looking for Main Street opportunities, I wanna look where that money is going to be flowing in geographically. And then there may be opportunities in real estate or small businesses in those economies, and you can see it coming, but nobody talks about it. So I created Main Street Capitalist as a show to begin to talk about it. I still do the investor mentoring club, which is, you know. A premium thing where we get together every month and we talk about these things. And the point is, is that if you understand, I think what he’s doing, then you can, you can begin to paddle into position. And I think, again, I am really bullish if he loses inflation. If he loses to inflation, he’s cooked. He knows it. I think that that even the suggestion that Peter made that he was losing to inflation is what flared him up. And so I wasn’t trying to necessarily defend. Peter and I wasn’t trying to defend Trump, I was just trying to reconcile that it is possible that both guys could be right at the same time from their perspective. And so I, you know, I, I had one guy take exception because he felt like I was defending Trump, but for the most part, I got positive feedback on the video. I, I, I, you saw it. So you tell me. Did it make sense? Yeah, yeah, yeah. Absolutely. So when you look at today’s environment, everything going on, where do you think investors are most vulnerable? Um, I, I think that if you are very dependent upon, um, healthy credit markets, we could have a disruption. And that’s what happened to me. If Trump loses the inflation battle even for a little while, little be reflected in interest rates. And the challenge is right now that he is asked the Fed to quote unquote lower rates, but the Fed actually doesn’t like. Set rates, what they do is they set a target and then they manipulate markets to achieve those rates. And if, if people believe the fed, there’s a little bit of front running. So what’ll happen is the Fed will come out and go, oh, we’re gonna lower rates, which means bond prices are gonna go up. So they’re like, that’s great, let’s go buy a bunch of bonds, which drives rates down. So the Fed just by talking. Begins to move the market and then they hope that later on the Fed will buy those bonds from them at a profit to push rates down. Does that make sense? So, so when the last two times the Fed has raised rates in their target, the 10 year has responded in the opposite direction. Which means that the market is like not buying in, and the Fed is gonna have to step in. And when the Fed steps in, they do it by printing money out out of thin air. Now, the concern about that is that when they print the money out of thin air. If they’re replacing bonds on their own balance sheet, that’s kind of a circle and it doesn’t leak out into the economy. If they’re buying new issuance from the the treasury, then that money is gonna work its way through the government to to to main street. Now, the Trump administration can prevent some of that by keeping the money in the Treasury, for example, uh, Trump 1.0 left. The Biden administration with, I think over a trillion dollars in, in the treasury checking account, and Janet Yellen put that into the economy right away during the lockdowns, which immediately created extreme inflation because you muted production at the same time you goose. Uh. Purchasing power, you know? So anybody with like three ounces of economic understanding could have told you that that inflation was gonna come, it was gonna come hard, it was gonna come fast, and it was gonna be stickier than than you thought. ’cause once you let that money out in the economy, it’s out. It’s out and the only way to mute it is either to suck it back, which is very, very difficult, or to outproduce it, and it’s very hard to produce anything when everything’s in lockdown. So I think that, you know, those days are behind us. I think the policies that we’re embracing now are more. Pro productivity. And I think that even if the Fed does have to step in, as long as that money doesn’t leak out into the economy, and part of it is the treasury being able to throttle some of that, and the money that does go into the economy doesn’t go into stimulus, but goes into CapEx and infrastructure, that’ll actually, uh, create. Production. Then I think that, you know, this, this game plan that I think they’re trying to execute has a chance. And so I, I’m, I’m watching for it. And of course, to answer your question, what do we have to worry about that it doesn’t work? Right? If it doesn’t work, then inflation will show up. Interest rates will rise, credit markets will crash, it will take real estate values with it. And the hedge is really gonna be, what I’ve always talked about is gold. I started talking back in 2018 when we were the zero bound with interest rates. Hey, there’s only one way interest rates can go and that’s up. And if they go up fast, then that’s gonna crash bonds. So it would be smart, and that’s gonna take real estate equity with it. So it’d be smart when you have real estate equity and low rates to pull some of that equity out and move it into gold. And I called that my precious equity strategy. If I have a video I did at the Vancouver Resource Investment Conference in January of 2022, explaining that when you could still really execute on that, and I’m not saying that you couldn’t do it today, but it’s harder, but the people who did it back then, I mean, you know, they’ve, they’ve seen their gold almost triple. And at the same time, they were able to lock in interest rates that are, you know, a half what they are today. So when you see those mega trends and you can begin, and that’s the stuff I didn’t know how to do in 2006, 2007. I didn’t understand any of this stuff. The, the, you know, losing everything in 2008 forced me to become a hardcore student and then try to apply that to Main Street strategy. And so I think gold and real estate and debt, they all work really well together depending on where you are in the cycle. Do you think that Main Street investors may actually have some advantages in periods like this? Yes, a ton because I think what’s gonna happen is if we have a, um, a, a, a restructure of the financial system into something more responsible, which I think is either gonna be forced upon us or it’s gonna be done by design, and I hope we do it by design. But when that happens, then the days of just buying low and selling high and riding the inflation wave that goes away. And so now it’s gonna be very, very important to understand how to invest for. Productivity. So I call it, you know, buy low sell high trading as an acronym, B-L-S-H-T you. You can sound it out for yourself phonetically. And then the other one is poo, which is productivity of others. And I think that if people focus on investing in the productivity of others, which is what Main street investors, especially real estate investors, focus on, I think cash flow, real profits on small businesses, not speculating on. Uh, exit price or a company that’s gonna take a company public, everybody trying to tap into this giant flood of money that gets pre created from thin air in the banking system and in Wall Street. If, if, if people on Main Street will just start investing. Kind of what Kenny McElroy was doing going through 2008, just focusing on sound assets and good markets with good fundamentals. That cash flow and, and are run by good managers, whether it’s a business, an apartment building, a mobile home park, a self storage, residential assisted living doesn’t really matter. Invest in real businesses that produce real profits where you’re not overpaying for that production of income and especially where there’s some upside. Not to flipping out of the stock, but to actually growing the market share and growing the income. That’s what investing really should be. Wall Street has perverted it into just placing bets and riding a wave and trying to figure out where the money is gonna flow from the Treasury or for from Fed stimulus. And I think Main Street is gonna pick up on the new game sooner. And the good news is if you get good at playing that game, even if the system stays the same, you’re probably gonna do better off anyway. When you talk about buying, buying or investing into productive businesses, I mean, what, what’s the difference in your mind between investing in a private business versus investing in a, you know, a publicly traded business that’s run off, you know, dividends? Yeah, so I, I, I think that it could be okay if the dividend yield makes sense, but anytime you have a publicly traded security, it’s a highly liquid market, which means it’s gonna be volatile and the stocks become chips in the casinos where professional traders are just gambling all day long. And some of that gambling can create an impact on the stock, and it doesn’t matter to you if you’ve only bought it for production of income. Um. And so, uh, you know, I, I don’t think it’s bad. I’ve, you know, Peter’s always been an advocate of, uh, dividend paying stocks, and I think if you’re gonna be in the stock market, that’s what you want to do. I think the opportunity in a private placement in a small business is the opportunity not to have to pay the high multiples because it’s not a perfect market. It’s, it’s the same reason there’s so much more opportunity in real estate. If real estate could trade on an electronic exchange where. You know, millions of buyers could find it, and you could have perfect price discovery. It’s very difficult to find a deal, right? It’s very difficult. But we, if you buy a private business, you know there’s gonna be considerations. You, you deal with a, a owner. Who cares about his customers, who cares about his team, maybe would be willing to carry back the way you would if you were buying a, a, a piece of property from somebody that cares about their neighbors or whatever. I mean, there’s, there’s, there’s a lot more humanity in it. There’s a lot more room for negotiation in it. And a lot of times there’s a lot more room to have control. So, you know, one of the adages with real estate that real estate investors like is, I’m gonna buy an asset, one that I understand, two that I can control. And so when you buy a stock, like a dividend paying stock, you, you might understand the business, you may not understand completely the. Uh, market dynamics that drive the stock price. But as long as the dividends are there, that can be okay, but you don’t have any control. When you actually go buy a small business, you have a, a degree of control. Now, if you’re a passive investor buying into a syndication, then you still have a little bit more, um. Relationship, you have a little bit more insight. You maybe have a voice. You may know the people that are making the decision and running the company personally. So it’s the same thing. You know, you Buck is a syndicator. When you go do a deal, your investors know you. They have a personal relationship with you. Go buy stuff in the stock market and mutual fund managers and investor. You don’t have a relationship with that fund manager and I think that’s worth something if you have a voice right. So we’ve, we’re talking a little bit about credit markets, um, volatility, you know, interest rates. Are they gonna go down like, you know, Donald Trump would like to see, and you know, we’ve got a new fed share coming, all that kind of thing. How should investors be thinking about leverage and risk right now? I, I think the adage with real estate, uh, I mean, sorry, with leverage is always the same, is, um, you know, manage cash flow. I, if, if you use leverage to speculate, that could be a real problem. And whether you did it. Do it for real estate like I did by having very thin or negative cash flow and making that up someplace else and believing that somehow, you know, rents or appreciation are gonna do it. Or buying a non-income producing asset with borrowed funds hoping it’s gonna go higher. I think that would be dangerous, but I think if you fundamentally use debt as a tool. Based on cash flows and you use conservative cash flows, you know, so the debt service coverage ratio, you know, if you have $10,000 a month going out in debt service, make sure you have at least, you know, $12,000 a month coming in on income or above. Then that’s how you begin to build resiliency into your portfolio. And the other thing is don’t borrow long to invest short, right? So your duration matters a lot. We were talking about this before we hit the record button, and I think what happens is people. Uh, make a mistake when they try to operate like a bank. ’cause banks lend short and invest long. And the only reason they get away with it is because they have the Federal Reserve Bank system backstopping them. But you don’t have that as an individual, so you better to do the opposite. Um, if you can match the durations, that’s perfect, right? ’cause then you know what your interest expense is for the, for the duration of the investment. And once you lock in the spread, then you just have the counterparty risk of the, whoever is responsible for creating that income stream that’s gonna service the debt you use to control the asset. And then it just comes down to underwriting and then recourse. And if you feel comfortable with the underwriting and you feel comfortable with the recourse, and you’ve got spread and you’ve locked in a, a duration. Um, that, that is compatible, then that can be a, a, a fairly safe way to use debt. And if interest rates work against you, then you’re okay. And if interest rates work for you, you might be able to refinance your debt and actually increase your spread, but you don’t need it to happen to be successful. Let’s talk a little bit more about what you’re doing right now. So in the past year, you’ve launched, um, several new initiatives. You had masterminds via platforms. Tell us a little bit about this and, and a little bit more what, what you’re trying to accomplish. Well, you know, after losing my wife, um, you, you go through this. Period of time of like figuring out, okay, life is short. What do I want to get done before I left die myself. And so, um, after thinking about that, I went back to really what I came to do when I first met Robert Helms and got involved in the real estate guys. And so I just kinda went back to home base and. Then the other thing is now I’ve got 17 grandchildren, and so I’m thinking a lot less like a father, more like a, a grandfather, a founding father. And, um, and so I’m thinking about what the world is gonna be like in 40, 50, 60 years, and what can I do to plant a seed that will make that world better for my grandchildren? And so I, I did a couple things. One is, um, after I left the real estate guys, we were going through a merger with Ken McElroy, George Gammon and Jason Hartman to create, um, a mastermind group, which we did. And I, I was CEO of that for the. The year during the merger. And that took up some time. And the second thing I decided to do, uh, ironically, it was after a conversation I had with Charlie Kirk. I had a conversation with Charlie Kirk. I said, Hey, I’ve got this idea to help, uh, K through 12 get involved in, in capitalism by starting businesses or working with businesses. Their parents start, and I explained to him the model. He goes, I love it. I want to help you. And so that encouraged me. And then I had a follow up meeting in January of 20. 24 with Mark Victor Hansen, and he really encouraged me. And so with the strength of those two endorsements, I go, you know, I’m gonna do this. And so, uh, I left the real estate guys in, um. March, late March of 2024, and in the summer of 2024, I, I launched the Raising Capitalists Foundation, and people can learn more about that by going to raising capitalists plural.org. And I, I literally launched it at Freedom Fest on July 13th, 2024 and five minutes before I took the stage, Donald Trump got shot. Always remember where I was and how distracting it was, but I did record that presentation and it’s on the website, and so it explains the model. But in, in short, it’s pairing, um, or it’s, it’s putting parents who are in what Kiyosaki, uh, rich Dad would call the E-Class employees. And, uh. Put them under a mentorship program with experienced entrepreneurs and investors to help them start a business, a side hustle. They need the money and they need a mentor. And so then they, um, it can create a situation where their children can come to work for them in the business. And today, information Society, you know, there’s a lot of things kids can do where they learn real life skills, um, working with their parents. So that’s what the Raising Capitalist Foundation is all about. Then I launched two shows. Uh, in 2025, uh, one is I literally just launched like a week ago, and that’s. That Donald Trump video was really the first one that I put out, the Donald Trump versus Peter Schiff video on YouTube. I haven’t even started the podcast side of it. Um, and in on September 27th, uh, on pray.com, I started, uh, another show that, that one’s called the Main Street Capitalist. So if you go to YouTube and look at the Main Street capitalist, you’ll, you can find me there. And then the other one I created was the Christian capitalist. And I kind of went back to, you know, my, my core roots of realizing when I started looking at. Where the country was at, John Adams said that, um. Our Constitution was designed for a moral and religious people and is really wholly inadequate for any other, and so I thought, you know what? I’m I, I’m going to do that because my experience as a, as a Christian businessman is that I find that sometimes the stuff I get in church is more consumer oriented, and it doesn’t, it’s more employee oriented. I, I don’t. And, and then the other part of that is I created a, a ministry called Fellowship, a Christian capitalist, which is really about helping people put purpose into their business and then, you know, express their faith. Love your neighbor. Through their business. And so I’ve got all these different initiatives going and then I created the Main Street Media Network because I wanting to reach youth. I hired a YouTube coach and I said, look, I want to create content to encourage youth. He goes, that’s great. You can’t do it. You’re too old, he said, so what you need to do is find young people you can mentor and teach them the things that you’ve learned and let them teach it in their own words and they’ll reach their generation better than you. So with Main Street Media Network, I’m I, I’ve got. Two guys that I’m apprenticing right now, but I’m gonna be adding a lot more. Um, one, one young man is 20 years old, the other one is 26 years old. And, uh, I just came back from the Turning Point USA event where we had a broadcast booth and they were conducting interviews and I did the New Orleans Investment Conference. And so these guys are sitting down with Peter Schiff, Robert Kiyosaki, Mike Maloney, Ken McElroy, you know, you, you know what that did for you, buck with your show. You know, you, you met all these people through us and then you. We’re able to build upon that and create a very credible show. So I’m doing that for these guys that are in their twenties with the idea that they will be able to reach a generation of people. Uh, I call it putting Boomer Wisdom in Gen Z mounts. I mean, they get to process it and it gets to be their own. And I’m helping them build financial podcasts that actually make the money and is the foundation of, in this case, they’re both capital raisers of their capital raising business. I got all these different things going, but I’m doing it through leaders, so I’m not trying to do all things myself. Yeah, yeah. Um, but I’m building out an ecosystem to accomplish all these goals and so far so good. It’s a lot. Sounds working like a young man, man, man. I’ll tell you that. I know, I know. Wow. I I thought you were gonna slow down after you. No, I’ve actually, I put my, I put, I put my foot on the gas. I, I’ve probably never worked, uh, harder. Um, but I, I think I’m working smart, you know, so I’m hiring coaches and I’m bringing in, um, leaders and going through all that EOS and organizing to scale stuff. Sounds good. Well, always a pleasure, Russ. Um, make sure not to be a stranger to have you on again, um, you know, in a few months and figure out where you’re going with all this stuff. All the new things that you’ve accomplished, but it’s, uh, it’s great to see you. Well, happy to be here, proud of you. Uh, keep up the good work and keep educating people. Thank you. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealthformulabanking.com. Welcome back to the show everyone. Hope you enjoyed it. As always, Russ, uh, is, uh, you know, he’s, he’s got a lot of wisdom. He is the guy you really wanna listen to. And I would encourage you to follow his work anyway. Uh, just pivoting back, you know, to where this economy is and all that. I think for me personally, it’s about allocating capital in a market that is a, uh, is certainly losing value in its dollars. And, um, and I think that we’re gonna continue to see that. Speaking of that, make sure if you haven’t, as I mentioned before, sign up for the Accredited Investor Club. Go to wealthformula.com, go to investor club, as we have plenty of those types of things that are hedging against inflation, um, saving taxes in terms of tax mitigation strategies, that kind of thing. Check it out. That’s it for me This week on Well Formula Podcast. This is Buck Joffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealthformularoadmap.com.

It shouldn't be possible but we've cracked the code and found the movies villain to be....NEDSTRADAMUS! Demons is the kind of movie that feels less like it was written and more like it escaped from a nightmare after being fed too much cocaine and heavy metal. Set almost entirely inside a movie theater where watching a cursed film literally turns the audience into demons, it's pure mid-'80s Italian horror excess—loud, bloody, and unapologetically stupid. It's also the kind of film where logic checks out early, clocks out halfway through, and never returns. To be fair, Demons can be tedious and repetitive. The structure settles into a loop of people getting infected, screaming, transforming, and being hacked apart, over and over again. Characters are thin to nonexistent, dialogue exists mostly to scream exposition, and the film often feels like it's killing time until the next gore effect or shrieking synth cue. There are stretches where you can practically feel the movie spinning its wheels, daring you to lose patience. But here's the thing: the story is so profoundly nonsensical that it becomes hypnotic. Plot threads appear and vanish without explanation. Rules are implied and then immediately ignored. Geography inside the theater makes no sense whatsoever. And then there's the final 15 minutes—an escalation so baffling, so disconnected from reality, that it crosses the line from dumb to glorious. Motorcycles, katanas, helicopters, demon slime—everything is thrown at the screen with reckless confidence, as if the filmmakers themselves stopped asking questions and decided to go all in. That commitment is what makes Demons a worthwhile “Bad Movie Sunday” experience. It's not accidentally funny so much as aggressively insane, a film that believes in its own chaos with absolute sincerity. Yes, it drags. Yes, it repeats itself. But by the time the credits roll, you're not thinking about the dull patches—you're laughing, confused, and strangely satisfied. Demons may not be good, but it is unforgettable, and sometimes that's the highest compliment a cult horror film can earn.

On this episode of Think Theory Radio we discuss Sacred Geography! Sacred Geography is defined as the regional & global geographic locating of sacred places according to various mythological, symbolic, astrological, geodesical, and shamanic factors. What is the Dreamtime in Aboriginal mythology & how did the "Songlines" of the ancients create the Earth? Why did the Egyptians, Greeks, and other cultures build their cities and temples based on constellations and other astronomical observations? Plus, do modern cities like Chicago and D.C. have sacred geographical histories?!

By Mario Seiglie - Throughout the Bible from the time of Abraham to the epistles of Paul, God uses the geography and archeology of Israel to tell the stories of His Kingdom. In this PowerPoint presentation using maps, we have six lessons to learn in tracing voyages of the prophets and apostles. In the closing

It's been a few weeks since we've been in studio, so there's been plenty of stuff brewing that we needed to get out. We focus on the trivial, from the lack of cigs in Stranger Things to Maduro's Nike fit to Sage Canaday's beef with unnamed hybrid athlete Truett Hanes. Also, we talk about the Puma Deviate Nitro Elite 4, which has taken a big leap forward from the previous version. SUPPORT OUR SPONSORS!PILLARIf you're training hard, traveling to races, or just stacking miles week after week, you know how easy it is for your immune system to take a hit. That's why we've been reaching for PILLAR Ultra Immune C. It contains a high dosage of Vitamin C (about 16-17 oranges worth in one scoop), which helps fight off illness and protects your body from the stress of intense training. Head to pillarperformance.shop or TheFeed.com/pillar and enter code BITR for 15% off first-time purchases.SWIFTWICKYou already know that Swiftwick makes our favorite socks for running, from training to race day. We wear them pretty much every day, whether it's the Flite XT crew or the low cut no-show. Get yourself ready for the new year and save 15% off your first purchase with code BELIEVE15: https://swiftwick.com

In this episode of the Depth Work podcast, I speak with clinical psychologist, professor, and author, Phil Yanos about his powerful new book "Exiles in New York City" an exploration of how institutionalization creates barriers of exclusion and banishment in urban landscapes.Phil shares his unique journey growing up on Ward's Island near Manhattan Psychiatric Center, where his father worked as a psychiatrist. Through his research and interviews with current residents, Phil reveals how Ward's Island has become a site of profound contradiction – simultaneously rebranded as a recreational space for privileged New Yorkers while functioning as a place of exile for those deemed too "mad" to belong in mainstream society.In our conversation we explore concrete solutions for transforming Ward's Island into a more just and integrated community, a vision that seems more possible with the recent election of Zohran Mamdani who has emphasized housing justice. We also discuss the wins and losses in mental health advocacy in recent years, what we've learned from working with those labeled with “psychosis” or “schizophrenia”, and what clinicians can do better.Bio:Philip T. Yanos is professor of psychology at John Jay College of Criminal Justice and the Graduate Center, City University of New York and Director of Clinical Training for the Ph.D. program in Clinical Psychology at John Jay College. He is the author of "Exiles in New York City: Warehousing the Marginalized on Ward's Island" (2025) and Written Off: Mental Health Stigma and the Loss of Human Potential (2018). During his childhood in the 1970s, Yanos lived on the grounds of Manhattan State Hospital on Ward's Island, where his father was a psychiatrist.Exiles in New York City: Warehousing the Marginalized on Ward's Island https://cup.columbia.edu/book/exiles-in-new-york-city/9780231212373/ Exiles in the City Podcast https://rss.com/podcasts/exiles-in-the-city/Resources:Find videos and bonus episodes: ⁠⁠DEPTHWORK.SUBSTACK.COM⁠⁠Get the book: ⁠⁠⁠Mad Studies Reader: Interdisciplinary Innovations in Mental Health⁠⁠Become a member: ⁠⁠The Institute for the Development of Human Arts⁠⁠Train with us: ⁠⁠Transformative Mental Health Core Curriculum

Come for the catchy episode title, stay for the wide-reaching discussion about spatial data, visualization, and cartography. We're joined this time by Anthony Robinson, from Pennsylvania State University, for a conversation about what cartographers do, what cartography looks like in the 21st century, what makes a map, and the challenges of "personal cartography." We've even got some requisite hot takes on spatial analysis and data (...and cartography!).

In this week's episode of Everything Fast Pitch, Coach Tory and Coach Don connect to record episode 402, marking the beginning of the 2026 season. The discussion covers several key segments, including the warmup segment featuring City of the Week (Charlotte, NC), Player of the Week and an equipment tip about Square Cuts training discs, and an intriguing listener question. The lead-off segment focuses on players' preparation for the spring season, stressing the importance of self-care and conditioning. The clean-up topic addresses how a listener can get started in umpiring. The coaching tip of the week emphasizes coaching players to achieve their goals rather than focusing on avoiding mistakes. Support the show

Episode: 1501 The orientation of continents determines their development.  Today, the advantage of being horizontal.

(Matthew 2:1,13,23) The all-wise Father chose three places to connect His Son's early years - Bethlehem, Egypt, and Nazareth. In this study we find out why...and what they mean to us. (10002260102) Join our study through Scripture this year. Find resources for every book of the Bible at enjoyingthejourney.org/journey-through-scripture/ Whether you're a new believer or have walked with the Lord for years, you'll find thousands of free devotionals, Bible studies, audio series, and Scripture tools designed to strengthen your faith, deepen your understanding of the Bible, and help you stay rooted in the Word of God. Explore now at EnjoyingTheJourney.org. Extend the Work Enjoying the Journey provides every resource for free worldwide. If you would like to help extend this Bible teaching, you may give at enjoyingthejourney.org/donations/