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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 PictureAll [CB] are now dropping rates because the US is dropping rates, we saw this during Trump first term. Initial jobless claims show the labor market is not weakening. Trump gives a speech on the state of the economy and the next inflation is almost inline with what the Fed wants. Trump has destroyed the Fed narrative, next phase coming. Trump is now in the process of setting everything up preparing for the midterms and stopping the [DS] form doing us harm. The seditious 6 sent the message, Trump just countered it with a 1776 bonus to the military. The patriots are in the process of bringing down the entire corrupt system. It’s being exposed and dismantled. Panic in DC. Economy https://twitter.com/disclosetv/status/2001625195526971703?s=20 (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/profstonge/status/2001646305320546453?s=20 Initial Jobless Claims Show No Signs Of Labor Market Distress After the Thanksgiving Week debacle, the number of Americans filing for jobless benefits for the first time remains back in the same – very low – range it has been in for the last four years at 224k… So despite the uptick in the BLS-derived unemployment rate, jobless claims data show no signs of acute distress anywhere. Source: zerohedge.com https://twitter.com/RealEJAntoni/status/2001662433983696966?s=20 https://twitter.com/Geiger_Capital/status/2001647313157263628?s=20 https://twitter.com/RealEJAntoni/status/2001656024097272170?s=20 No, Inflation Did Not “Cool Unexpectedly”, It Slowed Because Trump Policies are Working While the media proclaim, “inflation cooled unexpectedly,” the reality is that it's not unexpected. The results of a slowing of price increase are not accidental; they are the result of Trump's domestic economic policies working. [Non-Paywall Source and Media Spin] President Trump has been cutting waste, fraud and abuse in runaway government spending; slashing costly regulations across all sectors of the economy and ending Green New Scam energy policy in favor of drill, baby, drill. As noted by NEC Chairman Kevin Hasset, Trump has reduced deficit spending overall. There's still a long way to go, but significant MAGAnomic progress is being made. Oh, and that skyrocketing “tariff inflation” the same shocked pundits proclaimed was sure to happen this time, well, that has not surfaced either. Just like it didn't surface in 2018 or 2019 when the tariffs were applied the first time. NEW YORK – Source: theconservativetreehouse.com Trump is winning against the CB system. https://twitter.com/EricLDaugh/status/2001649080762872069?s=20 https://twitter.com/CynicalPublius/status/2001477403961626755?s=20 he took office–tariffs to create fair trade, reduced income tax, gutting the Green Energy Scam, promoting investment in American manufacturing, reducing the federal bureaucracy and eliminating crippling regulations, deporting illegal aliens and eliminating the “free stuff” we taxpayers give them, getting the Fed onboard, etc. But that plan needed time. Time enough to make the economy shine come the mid-terms. Now we will start to see the fruits of that plan, and Trump’s speech tonight is to announce that. Is he right? One thing I’ve learned is to never bet against Trump. Maybe he is wrong. Maybe I’m wrong. But I still have trust. Political/Rights Nolte: Failing Oscars Demoted to YouTube Starting in 2029, the irrelevant Oscars will have its annual irrelevant Academy Awards show broadcast on — lol — YouTube. To dwindling ratings and cultural relevance, the Oscars have been broadcast on ABC since 1976. The final broadcast will occur in 2028, which also happens to be the 100th anniversary of the award ceremony. So now the Oscars will stream on YouTube, where anyone who wants to can watch them for free online, at least through the end of the deal in 2033. Source: breitbart.com https://twitter.com/MarioNawfal/status/2001675341828342074?s=20 Another didn't even know what building they were at. Meanwhile, no one had info on the shooter, and no one was rushing in. The suspect eventually slipped away. 10 were shot. 2 died. Brown University and the police failed, and now families are furious. And rightfully so! It wasn't just chaos. It was incompetence with a badge, and the price was paid in blood. Source: @Rightanglenews https://twitter.com/C_3C_3/status/2001369540119392433?s=20 https://twitter.com/DataRepublican/status/2001714347605922149?s=20 student. Chatman resigned from Utah after attempting to reform the university's police department and later took his position at Brown. His efforts coincided with student-led campaigns, including those supported by Fanaeian, to reduce campus policing in the wake of Lauren McCluskey's murder. At Brown University, Chatman recently faced an unanimous vote of no confidence back in October for the charge of having “directly contributed to an all-time low in morale and has strained the department's ability to effectively serve the Brown University community.” At the University of Utah, the student campaign to scale back policing was led by Emirya Fanaeian, the same leader of SLC Armed Queers. Fanaeian deleted the group’s social media in the wake of Charlie Kirk’s assassination. She led a student research effort into campus policing while Chatman was employed there. Credit: @SKDoubleDub33 + @iamlisalogan … Developing. https://twitter.com/DataRepublican/status/2001340901537517902?s=20 appeared to contradict what was visible in the videos. We learned witnesses had actively coordinated to prevent one of their own from being charged. This is the same group that deleted its social media posts on the day of Charlie Kirk's assassination and is alleged to have had advance knowledge along with multiple trans groups. Then the police officer yesterday refused to comment on what the shooter shouted although multiple media reports had already said it wash “Allah Akbar.” Between that plus the mainstream celebrations of Kirk’s death and Jay Jones’s election, we cannot just yet write off the possibility that this country has fallen so far off the end that students and professors automatically are covering for the shooter even though they saw someone get shot point blank in the face. https://twitter.com/CollinRugg/status/2001748138324038022?s=20 home is about 50 miles from Providence, Rhode Island, where the Brown shooting took place. “Senior law enforcement officials tell Target 12 that federal, state and local authorities are now examining possible ties between the two crimes,” WPRI reported. “Multiple people familiar with the investigation said they have discovered evidence showing the two may be linked.” Loureiro was shot and killed in his home. The suspect remains at large. Loureiro was named head of the Plasma Science and Fusion Center at MIT last year. Speculation in media and online discussions has included possible ballistic matches (e.g., 9mm casings recovered at Brown) or similar vehicles spotted at both scenes (e.g., unverified mentions of Nissan Sentras), but these remain unsubstantiated and are not confirmed as the linking evidence. Some online commentary has also suggested motives tied to international actors, like Iran, based on celebratory posts in certain Telegram channels, but this is purely speculative and unconfirmed. https://twitter.com/EWess92/status/2001718099972886750?s=20 DOGE Geopolitical https://twitter.com/amuse/status/2001502910677397573?s=20 ‘German' Globalist Authoritarianism: Berlin Migrant Housing Costs Skyrocket to Nearly €1 Billion, Tripling Since 2020 Newly released government figures have revealed the capital spent nearly €900 million ($9.8 million) in 2024 alone to house migrants, many of which do not have any kind of status in the country, almost triple the cost from just four years earlier, Die Welt reports. Internal Senate data confirms that accommodation expenses for foreign nationals reached €883 million last year, compared with €312 million in 2020, an increase of 183%. The numbers expose the real cost of mass migration policies pushed by Berlin's left-liberal globalist political class. Source: thegatewaypundit.com https://twitter.com/disclosetv/status/2001674979348484469?s=20 https://twitter.com/RadioGenoa/status/2001634609424220333?s=20 https://twitter.com/visegrad24/status/2001462937920184556?s=20 War/Peace FBI Agents Thought Clinton’s Uranium One Deal Might Be Criminal – But McCabe, Yates Stonewalled Investigation: Report Remember Uranium One? The massive 2010 sale of US uranium deposits to Russia approved by Hillary Clinton and rubber-stamped by the Committee on Foreign Investment in the United States (CFIUS) – after figures linked to the deal donated to the Clinton Foundation? Turns out rank-and-file FBI investigators thought there was enough smoke to launch a criminal investigation, but internal delays and disagreements within the DOJ and FBI ultimately caused the inquiry to lapse, newly released records reveal. The Uranium One transaction – involving the sale of a Canadian mining company with substantial U.S. uranium assets to Russia's state-owned nuclear firm Rosatom – became a flashpoint during Hillary Clinton's 2016 presidential campaign. Critics argued that then-Secretary of State Clinton, a member of CFIUS, helped approve the deal while donors connected to Uranium One made large contributions to the Clinton Foundation. The newly released documents suggest that the circumstances surrounding Uranium One were never fully investigated, leaving unresolved questions about how a strategic U.S. asset came under Russian control – and whether potential criminal conduct went unexamined due to internal delays and legal disputes. Source: zerohedge.com https://twitter.com/JoeLang51440671/status/2001445235759436036?s=20 https://twitter.com/HansMahncke/status/2001673497563607325?s=20 https://twitter.com/Dmytruk__Artem/status/2001657781443596657?s=20 Everything in our life is ‘for now.' The position may change in the future. Politicians change, some live, some die.” This statement cannot be interpreted in any other way. It refers specifically to Donald Trump and his team, who have consistently and reasonably opposed Ukraine's accession to NATO and the continuation of the war. Zelensky is effectively speaking about the physical elimination of political opponents. I have said this many times before. Zelensky has done and will continue to do everything to destroy Trump and everything associated with him — politically, informationally, and beyond. I have also stated that Zelensky is connected to assassination attempts on Trump and is also involved in the killing of Charlie Kirk. Today, the militant faction of the West reacts painfully to the truth, because this truth destroys their convenient narrative and shows that they are accomplices of a terrorist regime that is prepared to wait for people to die in order to retain power and prolong the war. Medical/False Flags https://twitter.com/robbystarbuck/status/2001468009248960833?s=20 https://twitter.com/HHSResponse/status/2001691600083091515?s=20 HHS, RFK Jr moves to STOP funds for hospitals that perform child sex changes [DS] Agenda https://twitter.com/amuse/status/2001676158140563662?s=20 case in US history is still billing Minnesota taxpayers. Feeding Our Future defendant Gandi Yusuf Mohamed, who changed his name before indictment, operates assisted living homes paid through Medicaid. Rep Kristin Robbins says the state paid him $49M over five years, including $132,000 this year alone. Despite red flags, Gov Tim Walz's administration approved licenses and kept payments flowing https://twitter.com/WallStreetApes/status/2001623482342224289?s=20 at 2 locations “Less than 150 square feet in size, smaller than some bathrooms — stores had one register, no carriages, no hand baskets” “One legitimate supermarket in the same area as these stores redeems approximately $80,000 in and SNAP benefits per month. Over the last 20 months, the Juswala variety store was redeeming between 3-6x that amount monthly” The 2 fake convenient store owners caught were both from Haiti https://twitter.com/amuse/status/2001342827804909728?s=20 President Trump's Plan https://twitter.com/FBIDirectorKash/status/2001437584468082999?s=20 cases like the pipe bomb investigation. And that's only a small part of the work he went about every single day delivering for America. He not only completed his mission – he far exceeded it. We will miss him but I'm thankful he accepted the call to serve. Our country is better and safer for it. https://twitter.com/TonySeruga/status/2001666110945661112?s=20 these 4 walls all day separated from my wife in DC.” https://twitter.com/ThePatriotOasis/status/2001662279184466380?s=20 to receive this check right before Christmas—We love you and your families, and we wish you a very Merry Christmas.” https://twitter.com/WarClandestine/status/2001484437091959133?s=20 in US cities nationwide and Trump has been threatening to invoke the Insurrection Act for months. Trump said this warrior dividend will be delivered before Christmas, and the $1,776 is meant to honor the founding of our nation. Christmas and 1776? Kind of reminds me of one very special painting. https://twitter.com/StephenM/status/2001421552496087246?s=20 No more. America's might will secure America's rights. America's military will defend America's destiny. For Americans, first and always. https://twitter.com/RapidResponse47/status/2001013033447952648?s=20 President Trump wasn’t playing “5D Chess” yesterday. There was no “OP” to leak information to retards like Tucker Carlson about war. None of that happened. The Whitehouse has been telling people for 2 days the speech was about the economy. Get a grip. https://twitter.com/MJTruthUltra/status/2001412804864094502?s=20 History. As President, he passed the highly ineffective ‘Unaffordable’ Care Act, resulting in his party losing control of both Houses of Congress, and the Election of the largest House Republican majority since 1946. He presided over a stagnant Economy, approved the one-sided Iran Nuclear Deal, and signed the one-sided Paris Climate Accords, both of which were later terminated by President Donald J. Trump.” “Under Obama, the ISIS Caliphate spread across the Middle East, Libya collapsed into chaos, and Russia invaded and took Crimea. In Ukraine. He crippled small businesses with crushing regulation and environmental red tape, devastated American coal miners, and weaponized the IRS and Federal bureaucracies against his political opponents. Obama also spied over the 2016 Presidential Campaign of Donald J. Trump, and presided over the creation of the Russia, Russia, Russia Hoax, the worst political scandal in American History. His handpicked successor, Hillary Rodham Clinton, would then lose the Presidency to Donald J. Trump.” JOE BIDEN “Sleepy Joe Biden was, by far, the worst President in American History. Taking office as a result of the most corrupt Election ever seen in the United States, Biden oversaw a series of unprecedented disasters that brought our Nation to the brink of destruction. His policies caused the highest Inflation ever recorded, leading the U.S. Dollar to lose more than 20% of its value in 4 years. His Green New Scam surrendered American Energy Dominance and, by abolishing the Southern Border, Biden let 21 million people from all over the World pour into the United States, including from prisons, jails, mental institutions, and insane asylums. His Afghan Disaster was among the most humiliating events in American History, and resulted in the murder of 13 brave American Servicemembers, with many others gravely wounded. Seeing Biden’s devastation, the heinous Russia invaded Ukraine, and Hamas terrorists launched the October 7th attack on Israel.” https://twitter.com/DanScavino/status/2001516571106083001?s=20 (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");
How'd you say in German: “How shall we solve the problem?”?
This week, in Washington Township, Michigan, a man claims that his high powered wife, just walked out on him, after an argument. But when no one ever sees her, again, suspicions start to build. Especially, when detectives see that the couple has an attractive, 19 year old German live in babysitter. Was this an affair gone wrong? All is revealed, as the murderer confesses to possibly the most inept, yet brutal murder that anyone has ever heard of, complete with body parts, falling off a sled! Along the way, we find out that people just never get tired of pageants, that sometimes sacrificing family time can be difficult, and that you shouldn't move a body, more than once!! New episodes, every Wednesday & Friday nights!! Go to shutupandgivememurder.com for all things Small Town Murder, Crime In Sports & Your Stupid Opinions! Follow us on... instagram.com/smalltownmurder facebook.com/smalltownpod Also, check out James & Jimmie's other shows, Crime In Sports & Your Stupid Opinions on Apple Podcasts, Spotify, or wherever you listen to podcasts!!
German and his family are stuck behind the walls of a rusty old pencil factory in the jungle. When a Youtuber stumbles onto the scene with a camera, he may be their only hope.Thank you, to German, Eva, and Sasha. Thanks also to Julia Neusner.You can see more of Caya's documentaries about tech and society on his Youtube channel “Slide Bean.”This story will be featured on Today Explained on 12.23.25, tune in!The Banished By Bargain project is a great resource to learn more about the Trump administration's third-country deportations.Produced by John Fecile and Caya, edited by Nancy Lopez, original music by Renzo Gorrio.Season 16 - Episode 59 Learn about your ad choices: dovetail.prx.org/ad-choices
Neuroscientist Nicholas Wright explains why big powers "lose" wars they dominate on the kill ratio—and why counterinsurgencies (Vietnam, Afghanistan, maybe Iraq) reliably punish the side with less at stake. His new book, Warhead: How the Brain Shapes War and War Shapes the Brain, argues that identity, surprise, and revenge are ancient brain features, while metacognition—the mind watching itself—can be the thin guardrail against strategic self-harm. Along the way: post-1945 German polling as a reminder that political "reconstruction" happens on a years-long timetable, not on an American attention span. Plus, a Trump "warrior dividend" of $1,776 per service member—tariffs funding patriotism, one numerology check at a time. Produced by Corey Wara Email us at thegist@mikepesca.com To advertise on the show, contact ad-sales@libsyn.com or visit https://advertising.libsyn.com/TheGist Subscribe to The Gist: https://subscribe.mikepesca.com/ Subscribe to The Gist Youtube Page: https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g Subscribe to The Gist Instagram Page: GIST INSTAGRAM Follow The Gist List at: Pesca Profundities | Mike Pesca | Substack
Plus: An Iran-linked hacker group targeted a former Israeli prime minister. And defense group Rheinmetall partners with satellite operator ICEYE to supply German armed forces with space reconnaissance. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
On the morning of St. Nicholas Day, good kids rush downstairs to see what kind of gifts might be in their shoes. The bad kids? Unfortunately they might get a visit from Krampus, an ancient monster that has naughty children praying for a lump of coal instead. The origins of this half-goat, half-man folklore character date back centuries, largely to German-speaking countries in Europe. But these days, Krampus is more popular than ever — especially in America, with parades, festivals, Hollywood horror films, Ocean Spray commercials and endless amounts of merchandise. That popularity is largely attributed to Chicagoan Monte Beauchamp, who first published images of Krampus in his alternative comic magazine, Blab!, in 2000. “I can't believe what's taken place since I introduced Krampus in the pages of Blab! Magazine, which led to a book, and then from there it just exploded,” Beauchamp told Curious City. In our last episode, we looked at a long-running holiday tradition in Chicago, Goodman Theatre's rendition of “A Christmas Carol.” In today's episode, we explore the origins of this very different kind of Christmas tradition and its curious local connection.
Hans is joined by Robert Greenway, military veteran and Director of the Allison Center for National Security at Heritage, to discuss the German siege of American forces in Bastogne, which occurred over Christmas in 1944 during the Battle of the Bulge.The Classic Movie Review is of "Battleground," the 1949 film about the battle, directed by veteran William Wellman, and the winner of multiple academy awards
Join this channel to get access to our two bonus shows each week: https://www.youtube.com/channel/UCYO4pKCDPdqlsUfDOtuq-zQ/join Listen to the show for free: https://tinyurl.com/2e6brkh8 Listen to the show ad-free + two bonus shows a week: https://tinyurl.com/jh6up2ee Read our newsletter: https://tinyurl.com/2tac23p9 Together with Lennart Karl, Assan Ouédraogo, Said El Mala, and Kennet Eichhorn, he is one of the biggest talents in German football. Eichhorn is heavily linked with a move to Bayern Munich. Manu and Stefan break down the story. Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode Description Episode Description Sign up to receive this Unreached of the Day podcast sent to you: https://joshuaproject.net/people_groups/10716/SU Dear Friend, The Batak people of North Sumatra didn't have a written language until 1834. Today, they're one of the largest Christian populations in Indonesia, with over 6 million believers. The transformation happened because someone, a German missionary named Ludwig Nommensen, decided their spiritual poverty was unacceptable. That was 190 years ago. Today, 4,473 people groups are still waiting for their Ludwig Nommensen moment. The People Group Adoption Program launches today, and here's how it works: It meets you where you are. You're not being asked to become a missionary in the field (though if God calls you to that, we'll cheer you on). You're being invited to use your current gifts, prayer, advocacy, networking, research to support those who are already called to go.
Today's story: Ted Danson stars in *Man on the Inside*, a warm, thoughtful comedy about a retired professor who becomes a private investigator. The show gently explores themes of aging, intergenerational relationships, and finding purpose later in life, all wrapped in a light mystery and comedic tone.Transcript & Exercises: https://plainenglish.com/825Full lesson: https://plainenglish.com/825 --Plain English helps you improve your English:Learn about the world and improve your EnglishClear, natural English at a speed you can understandNew stories every weekLearn even more at PlainEnglish.com-- Mentioned in this episode:Hard words? No problemNever be confused by difficult words in Plain English again! See translations of the hardest words and phrases from English to your language. Each episode transcript includes built-in translations into Spanish, Portuguese, Chinese, German, French, Italian, Japanese, Polish, and Turkish. Sign up for a free 14-day trial at PlainEnglish.com
You can quit alcohol. You can quit drugs. You can delete the apps and walk away. But you can't quit food—which is exactly why weight loss feels so impossibly hard. You need to eat multiple times a day, every single day, for the rest of your life. So how do you navigate holiday eating without gaining weight or feeling deprived when "just don't eat it" isn't an option? This week, I'm tackling the biggest misconception about food and addiction. Unlike substances you can eliminate completely, food requires a completely different strategy because you can't go cold turkey. You'll discover why your "it's go time" thoughts during the holidays trigger cortisol that makes you crave carbs, why 95% of your subconscious thoughts are sabotaging your best intentions, and how to redirect yourself when you can't just walk away from food forever. I'll share my German chocolate cake story—how I enjoyed my favorite birthday cake all week without guilt by planning 24 hours in advance, proving you can have your cake and lose weight too. Tune in as I break down the five pillars to permanent weight loss (spoiler: it starts with understanding simple hormone science), reveal why sneaking food feels thrilling at first but destroys self-trust long-term, and explain the Santa's elves analogy that shows exactly what happens when you overload your body with flour and sugar. You'll learn why flour and sugar need a six-week break, how to become the traffic controller of your own holidays, and the critical difference between numbing negative thoughts with food versus actually feeling your feelings. Ready to stop making false promises about January? My January course starting January 9th teaches you how to actually keep resolutions instead of breaking them by February. Details are
Leon the Lion hits the 1,000 point mark and he did it against his boy Stu Skinner. Special stuff. Macklin Celebrini is about to take over the NHL. Mikko Rantanen is working on new “rat” nicknames. Heated Rivalry Episode 3 Review is here and it's electric. And the Professors of Puckline hand you all your weekend winners. NEW EPISODES EVERY TUESDAY & THURSDAY! Watch full episodes, shorts, and clips right here on YouTube. Listen to the podcast on Spotify or anywhere you get your pods. Subscribe & follow Empty Netters everywhere: YouTube: / @emptynetters Instagram: @EmptyNetters TikTok: @EmptyNetters X: @EmptyNetters PRESENTED by BetMGM. Download the BETMGM app and use code “NETTERS” and enjoy up to $1500 in bonus bets if you lose your first wager! Thanks to our Sponsors! BetMGM: Use bonus code NETTERS when signing up to receive up to $1500 in bonus bets if your first bet loses. Aura Frames: Exclusive $35 off Carver Mat at https://on.auraframes.com/EMPTYNETTERS. Promo Code EMPTYNETTERS Mug: Find MUG Root Beer at your local store or head to https://www.mugrootbeer.com/find-mug to find out how you can get your paws on some MUG and be sure to throw them a follow online, @MUGRootBeer. Bauer: Get your hands on Bauer's newest innovation — the PULSE stick — and feel the difference. Get your hands on one at https://Bauer.com Gambling problem? Call 1-800-GAMBLER (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in New York, Nevada, Ontario, or Puerto Rico. Learn more about your ad choices. Visit megaphone.fm/adchoices
When archivist Rosie Grant stumbled upon a gravestone with a spritz cookie recipe carved into it, she had no idea it would change her life. What began as a TikTok curiosity during her cemetery internship became a viral phenomenon and, eventually, a groundbreaking cookbook celebrating 50 recipes from gravestones across America.Rosie shares her remarkable project "To Die For: A Cookbook of Gravestone Recipes." We discover how her library science background and passion for community archives led her to document not just recipes, but the rich stories of the people behind them. From Maxine's Christmas cookies in Iowa, and the German tradition of hanging cookies on the tree, to intimate oral history interviews with dozens of families, Rosie reveals how food connects us across generations.You'll hear about Rosie's journey from cemetery intern to bestselling author, her dedication to both grandmothers who shaped her understanding of food and family, and the surprising ways these gravestone recipes are inspiring living families to preserve their own food traditions. Whether it's Iowa's community-minded spirit or the universal power of recipes to keep memories alive, this conversation reminds us that the stories we share around the table are the ones that truly live in us.Guest Bio:Rosie Grant is a writer, researcher, and archivist whose work explores the intersections of archives, folklore, and family storytelling. She is the creator of @GhostlyArchive, where her exploration of gravestone recipes and the histories behind them has reached hundreds of thousands of followers across social media. TO DIE FOR is her first book.〰️
On this episode we talk to touring drummer Mark Stepro. Mark is the current touring drummer for the Wallflowers and has also played with Ben Kweller. We talked about both being German and from the midwest, reflections on his son turning 10, talking to your kids about darkness in the world while also wanting them to stay a kid, generational parenting differences, how he stays connected while on tour, learning to set boundaries as a musician, doing family admin on a tour bus, and being present for his family. Send us a textSupport the showFollow us on Facebook and Instagram @theimperfectdadspodcast . Look for new episodes of The Imperfect Dads Podcast every Monday.
A whole mess of AI generated shownotes. Enjoy! 00:25 – Christmas in Hong Kong, KFC in JapanJoel (Jack the Insider) opens Episode 138 and checks in with Jack (Hong Kong Jack) about Hong Kong's love of Christmas shopping, surreal mall installations and the absence of nativity scenes, before detouring to Japan's KFC-at-Christmas tradition.01:50 – Australia's world‑first social media ban for under‑16sThe Jacks unpack the new national ban on social media for under‑16s, the generational politics of Gen Alpha kids and millennial parents, and the “pick up a book, go for a bike ride” messaging from Anthony Albanese and Julie Inman Grant.They read out Vox pops about kids discovering life without apps, YouTube‑driven body image issues, and the early scramble to alternative chat and file‑sharing apps like LemonAid.05:35 – Social engineering, High Court challenge and mental health concernsThey describe the policy as a conscious piece of social engineering aimed at reshaping youth culture over a decade, and note the High Court challenge led by the Digital Freedom Movement and Libertarian MLC John Ruddick.Beyond Blue, Headspace, ReachOut and the Black Dog Institute warn about cutting off access to online mental‑health support, as the Jacks weigh the internet's harms against the value of peer support communities for young people.09:35 – Enforcement gaps, workarounds and parental resistanceThe Jacks discuss uneven implementation, with some under‑16s apparently still able to access Facebook and Instagram while other apps are wiped, and a rush into less‑regulated platforms.They note reports that up to a third of parents will quietly help kids stay online and float the idea of a nationwide “kitchen‑table” style forum to help parents understand the risks and responsibilities around kids' social media use.12:00 – A social experiment the world is watchingThey canvas overseas interest, with Denmark, Spain and others eyeing bans at 15 rather than 16, and Sarah Ferguson's description of Australia's move as a live “social experiment” whose results are very much unknown.13:05 – Richo's state funeral and the dark arts of NSW Labor RightThe conversation turns to Graham “Richo” Richardson's state funeral, his reputation as Labor's master organiser and electoral numbers man, and his long life “on the public purse”.Joel recounts Richo's link to Balmain Welding and Stan “Standover” Smith, arguing that New South Wales Labor Right's success always had a darker underbelly.15:10 – Paul Brereton, the NACC and conflicts of interestThey examine National Anti‑Corruption Commission boss Paul Brereton's updated disclosures about his ongoing work with the Inspector‑General of the ADF and Afghanistan war‑crimes inquiries, revealed via FOI.The Jacks question whether someone so intertwined with Defence can credibly oversee corruption matters touching Defence acquisitions, and whether carving out whole domains from his remit makes his appointment untenable.18:25 – A quiet NACC, no perp walks and media theatreThe Jacks note how quietly the NACC has operated in Canberra—“blink and you'd miss them”—with none of the televised “perp walks” beloved of New South Wales ICAC coverage.Jack welcomes the absence of media spectacle; Joel admits to missing the grimace‑through‑the‑cameras moment as accused figures run the gauntlet.19:50 – Victorian youth vote turns on LaborNew polling of 18–34‑year‑olds in Victoria shows Labor's vote down 11 points to 28 per cent and the Coalition's up 17 points to 37 per cent, with the Greens steady at 20 per cent.The Jacks argue the Victorian Labor government looks to be in terminal decline, discuss leadership options for Jacinta Allan, and canvass how quickly preference “cascades” can flip a long‑term government once momentum turns.22:15 – Green exports vs coal, Treasury modelling under fireThey dissect Treasury modelling which suggests “green exports” (critical minerals, rare earths, battery inputs) will surpass coal and gas within a decade, and note scepticism from former Treasury official and now CBA chief economist Stephen Yeaman.The Jacks highlight International Energy Agency updates showing coal demand in key markets staying high, and the reality that renewables growth is largely meeting new demand rather than cutting deeply into existing coal and gas use.25:05 – Coal to 2049 and the reality of the gridJack points to Australian market operator projections that coal will remain in the domestic mix until at least 2049, while Joel questions which ageing coal plants will physically survive that long without new builds.They agree modelling must continually be revised against actual demand profiles in China, India, Indonesia and elsewhere, where coal still supplies half or more of electricity.27:20 – 30‑year suppression orders and transparencyThe Jacks shift to a 30‑year suppression order over evidence behind Tanya Plibersek's decision to block a $1 billion coal mine until 2055, and more broadly the proliferation of long‑term suppression orders in Australia.They criticise the over‑use of secrecy in both environmental and criminal matters, arguing it breeds suspicion that justice and accountability can be bought by the wealthy.28:25 – The “prominent family” sexual assault case in VictoriaWithout naming the individual, they discuss a Victorian case involving the convicted son of a prominent family whose identity remains suppressed even after guilty findings for serious sexual offences.They worry that blanket suppression encourages rumour, misidentification and a sense that powerful people get special treatment, even when protection of victims is a legitimate concern.30:05 – From undercover cop to gangland wars: how secrecy backfiresJoel revisits an NSW example where an undercover police officer's drink‑driving conviction was suppressed for 55 years, and Melbourne gangland cases where key cooperating witnesses remained pseudonymous for decades.The Jacks argue that when authorities create information vacuums, gossip and conspiracy inevitably rush in to fill the space.33:50 – MP expenses, family reunion travel and Annika Wells' bad day outThey turn to MPs' entitlements and “family reunion” travel: Annika Wells' ski‑trip optics and poor press conference performance, Don Farrell's extensive family travel, and Sarah Hanson‑Young's $50,000 in family travel for her lobbyist husband.While acknowledging how hard federal life is—especially for WA MPs—they question where legitimate family support ends and taxpayer‑funded lifestyle begins.37:05 – Why family reunion perks exist (and how they're abused)The Jacks recall the tragic case of Labor MP Greg Wilton as a driver for more generous family travel rules, given the emotional cost of long separations.They conclude the system is necessary but ripe for exploitation, and note the Coalition's relatively muted response given its own exposure to the same rules.39:15 – Diplomatic drinks trolleys: London, New York and the UNJoel notes Stephen Smith's stint as High Commissioner in London—the “ultimate drinks trolley” of Australian diplomacy—and his replacement by former SA Premier Jay Weatherill.Jack mentions Smith's reputation for being stingy with hospitality at Australia House, in contrast to the traditionally lavish networking role of London and New York postings.40:40 – Barnaby Joyce joins One NationThe big domestic political move: Barnaby Joyce's shift from the Nationals to One Nation, including his steak‑on‑a‑sandwich‑press dinner with Pauline Hanson.The Jacks canvass whether Joyce runs again in New England or heads for the Senate, and the anger among New England voters who may feel abandoned.42:25 – One Nation's growth, branch‑building and Pauline's futureThey dig into polling from Cos Samaras suggesting 39 per cent of Coalition voters say they'd be more likely to vote One Nation if Joyce led the party, and the risk of the Coalition following the UK Tories into long‑term decline.The Jacks note One Nation's organisational maturation—building actual branches and volunteer networks in NSW and Queensland—and wonder whether Pauline Hanson herself now caps the party's potential.45:20 – Kemi Badenoch, a revived UK Conservative Party and Reform's ceilingAttention swings to the UK, with fresh polling showing Labour slumping to the high teens, the Conservatives recovering into the high teens/low 20s, and Reform polling in the mid‑20s to low‑30s depending on the firm.They credit new Conservative leader Kemi Badenoch for lifting morale by dominating Keir Starmer at the despatch box, but caution that Reform's rise may still be more protest than durable realignment.49:45 – Fragmenting party systems in Europe and the UKDrawing on Michael Gove's comments, the Jacks sketch the new “four‑party” pattern across Europe—radical left/Green, social democratic, Christian Democrat centre‑right, and populist right—and argue the UK is slowly following suit.They suggest both Labour and the Conservatives can no longer comfortably absorb all votes on their respective sides of politics, with Reform and Greens carving out durable niches.53:05 – US seizes a Venezuelan tanker, Trump calls it the “biggest ever”The Jacks look at the US Coast Guard's seizure of a sanctioned Venezuelan oil tanker accused of moving Venezuelan and Iranian oil in support of foreign terrorist groups.Joel notes Trump's boast that it's “the largest tanker ever seized”, while quoting Pam Bondi's more sober explanation of the sanctions basis.54:45 – Five years of social media to enter the US?They examine a Trump‑era proposal to require even visa‑waiver travellers to provide five years of social media history before entering the United States.The Jacks question the logistical feasibility, highlight the trend of travellers using “burner phones” for US trips, and argue measures like this would severely damage American tourism.57:10 – SCOTUS, independent agencies and presidential powerThe Jacks discuss a pending US Supreme Court case about whether presidents can hire and fire the heads of independent agencies at will, with even liberal justices expressing sympathy for expansive executive authority.They link this to a broader global question: how much power should be handed from elected ministers to expert regulators, and how hard it is to claw that power back once delegated.01:00:25 – Trump's national security strategy and an abandoned EuropeThey turn to the Trump administration's new national security strategy framing Europe as both security dependent and economic competitor, and signalling an end to automatic US security guarantees.The Jacks describe openly hostile rhetoric from Trump figures like J.D. Vance and Marco Rubio towards Europe, and portray it as part of a broader American drift into isolationism as China and Russia advance.01:02:20 – Europe rearms: Germany, Poland and conscription talkThe conversation moves to European responses: big defence spending increases in Poland and Germany, and German plans to assess 18‑year‑olds for potential limited conscription.Joel argues Europe may need to build its own strategic table rather than rely on a fickle US ally, while Jack stresses serious military capability is the price of a genuine seat at any table.01:03:50 – Biden, the border and a blown political callThe Jacks examine a New York Times reconstruction of how the Biden administration mishandled southern border migration, from 75,000 encounters in January 2021 to 169,000 by March.They say Biden officials badly underestimated both the scale of migration and the law‑and‑order backlash, including resentment from migrants who followed legal pathways.01:07:05 – Migration then and now: Ellis Island vs the Rio GrandeJack recounts Ellis Island's history: the small but real share of arrivals turned back at ship‑owners' expense, and how many migrants later returned home despite being admitted.They contrast a heavily regulated, ship‑based 19th‑century system with today's chaotic mix of asylum flows, cartels and porous borders, and argue that simple “open borders” rhetoric ignores complex trade‑offs.01:09:55 – Americans know their ancestry, and that shapes the debateJoel notes how many Americans can precisely trace family arrival via Ellis Island, unlike many Australians who have fuzzier family histories.He suggests this deep personal connection to immigration history partly explains the emotional intensity around contemporary migration and ICE enforcement.01:10:30 – Ashes 2–0: Neeser's five‑for and Lyon's omissionSport time: Australia go 2–0 up in the Ashes with an eight‑wicket win at the Gabba.The big call is leaving Nathan Lyon out for Michael Neser; the Jacks weigh Nesser's match‑turning 5/42 and clever use of Alex Carey standing up to the stumps against the loss of a front‑line spinner over key periods.01:11:55 – Basball meets Australian conditionsThey discuss the limits of “Bazball” in Australia, praising Stokes and Will Jacks' rearguard while noting most English batters failed to adapt tempo to match situation.Jack cites past blueprints for winning in Australia—long, draining innings from Alastair Cook, Cheteshwar Pujara and Rahul Dravid—that hinge on time at the crease rather than constant aggression.01:15:05 – Keepers compared: Alex Carey vs England's glovesJoel hails Carey's performance as possibly the best keeping he's seen from an Australian in a single Test, including brilliant work standing up to the seamers and a running catch over Marnus Labuschagne.They contrast this with England's struggling keeper, question whether Ben Foakes should have been summoned, and note Carey's age probably rules him out as a future Test captain despite his leadership qualities.01:17:05 – England's bowling woes and Jofra Archer's limitsThe English attack looks potent in short bursts, especially Jofra Archer and Mark Wood, but lacks the endurance to bowl long, hostile spells over a five‑day Test in Australian conditions.Archer hasn't bowled more than 10 overs in an international match for over two years, and the Jacks argue that's showing late in games as speeds drop and discipline wanes.01:25:45 – World Cup 2026: Trump's “peace medal”, Craig Foster's critiqueSwitching codes to football, they note FIFA awarding Donald Trump a “peace” medal ahead of the 2026 World Cup and his delight in placing it on himself.Craig Foster attacks world football for embracing a US president he accuses of human‑rights abuses, prompting the Jacks to point out FIFA's recent World Cups in Russia and Qatar hardly make it a moral authority.01:27:20 – Seattle's Pride match… Iran vs EgyptJack tells the story of Seattle's local government declaring its allocated World Cup game a Pride match, only to discover the fixture will be Iran vs Egypt—two teams whose governments are unlikely to embrace that framing.01:27:55 – Stadiums in the desert and the cost of spectacleJoel reflects on vast, underused stadiums in the Gulf built for the World Cup and now often almost empty, using a low‑attendance cricket game in Abu Dhabi as an example of mega‑event over‑build.01:29:05 – Wrapping up and previewing the final show of 2025The Jacks close Episode 138 by flagging one more episode before Christmas, thanking listeners for feedback—especially stories around the social media ban—and promising to return with more politics, law and sport next week.a
At the end of WWII in Europe, one of the strangest battles of the war took place between German troops fighting alongside Americans and French to beat back an assault by the Nazi SS.See omnystudio.com/listener for privacy information.
Thank you sponsors! Cash App Download Cash App Today: [https://capl.onelink.me/vFut/m5y1vkvt] #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See terms and conditions at https://cash.app/legal/us/en-us/card-agreement. Cash App Green, overdraft coverage, borrow, cash back offers and promotions provided by Cash App, a Block, Inc. brand. Visit http://cash.app/legal/podcast for full disclosures. MasterClass http://masterclass.com/sesh Smalls For a limited time, get 60% off your first order, plus free shipping, when you head to http://smalls.com/sesh Rula http://rula.com/sesh Santa mentioned: https://www.inspectormagic.com/ Opossum Petition: https://c.org/wGDqfGhL4P Timestamps 00:00:00 - Intro 00:04:24 - Next year will be better 00:08:53 - Holiday greetings 00:15:44 - Tricked by AI 00:29:37 - Ross Creations harming animals 00:51:06 - Jen Shah released from prison 01:01:28 - Demi & Marciano update 01:10:42 - Let's play Guess Who! 01:22:23 - German snacks Mile Higher Media website: https://milehigher.com/ Higher Hope Foundation: https://higherhope.org/ Mile Higher Merch: https://milehighermerch.com/ Submission form: https://zfrmz.com/qm6Tj6Z2RU83wcaF5BQF hosted by: Kendall: @kendallraeonyt IG: https://bit.ly/3gIQPjI TikTok: https://bit.ly/3JxPJFx Janelle: @janelle_fields_ IG: https://bit.ly/2DyP1eE TikTok: https://bit.ly/3BrWBkO produced by: Sydney: @syd_b93 IG: https://bit.ly/3LR0zHY Karelly: @karell.y IG: https://bit.ly/2TcxnoD https://pastebin.com/mkk2SK8u Check out our other podcasts! Lights Out https://bit.ly/3n3Gaoe Mile Higher Podcast https://bit.ly/3uDwZ2Y Planet Sleep https://linktr.ee/planetsleep Higher Love Wellness: https://extractlabs.com/milehigher https://pastebin.com/qfGVfNKw PO Box Address: Kendall Rae & Josh Thomas 8547 E Arapahoe Rd Ste J # 233 Greenwood Village, CO 80112 Music By: Mile Higher Boys YT: https://bit.ly/2Q7N5QO Spotify: https://open.spotify.com/artist/0F4ikp62qjdIV6PMO0SlaQ?si=i5v5jI77Qcq6uhjWzFix2w Welcome to The Sesh Podcast hosted by cousins and best friends, Kendall & Janelle! Kendall is a YouTube content creator focusing on True Crime and raising awareness for missing persons cases, and Janelle is a mental health professional with a Master's in Clinical Mental Health Counseling. Our show is focused on a variety of topics, including current events, pop culture, commentary, and a little true crime. Come hang out with us every Wednesday!
In this thoughtful Coffee Break German mini-episode, Thomas takes you into one of the German-speaking world's favourite end-of-year traditions: the Jahresrückblick. From nostalgic TV shows to personal memories, you'll learn how Germans talk about looking back and how to do it yourself.Discover useful expressions like etwas Revue passieren lassen as Thomas guides you through each phrase with clear examples. Whether you're wrapping up your year, revisiting highlights from 2025, or simply expanding your vocabulary, this cosy end-of-year episode is the perfect way to reflect auf Deutsch.Subscribe to the Coffee Break German newsletter for more mini-episodes full of culture, language, and seasonal inspiration! ✨☕ Hosted on Acast. See acast.com/privacy for more information.
In the final show of 2025, Patrick Gray and Adam Boileau discuss the week's cybersecurity news, including: React2Shell attacks continue, surprising no one The unholy combination of OAuth consent phishing, social engineering and Azure CLI Venezuela's state oil firm gets ransomware'd, blames US… but what if it really is a US cyber op?! Russian junk-hacktivist gets indicted for cybering critical… err… a car wash and a fountain Microsoft finally turns RC4 off by default in Active Directory Kerberos Traefik's TLS verify=on … turns it off, whoopsie
Having scored a trove of top-secret intelligence, Eppler and company desperately try to radio their findings to the German military. Unfortunately, their efforts explode in their face, to spectacular effect. Show notes and full transcripts available at www.artofcrimepodcast.com. If you'd like to support the show, please consider becoming a patron at www.patreon.com/artofcrimepodcast.com.
Episode Description Episode Description Sign up to receive this Unreached of the Day podcast sent to you: https://joshuaproject.net/people_groups/10394/SU Dear Friend, The Batak people of North Sumatra didn't have a written language until 1834. Today, they're one of the largest Christian populations in Indonesia, with over 6 million believers. The transformation happened because someone, a German missionary named Ludwig Nommensen, decided their spiritual poverty was unacceptable. That was 190 years ago. Today, 4,473 people groups are still waiting for their Ludwig Nommensen moment. The People Group Adoption Program launches today, and here's how it works: It meets you where you are. You're not being asked to become a missionary in the field (though if God calls you to that, we'll cheer you on). You're being invited to use your current gifts, prayer, advocacy, networking, research to support those who are already called to go.
In 1493 a young german found himself involved in what was a seemingly minor affair, caused by an incident with a young woman, and a slight sexual scandal. But this incident played out as London was seething with anti-German sentiment and anger; people were being laid off, wages were being cut, fortunes were suddenly being lost and because of the actions of a small bunch of powerful and great men 9and also the actions of a young con-man pretending to be the Duke of York), London was to find itself dealing with violent riots, armed men on the streets and an international incident on Thames Street!Join us as we discover how a small incident involving a rich German merchant, a young female servant and her employer illustrates the growing conflict between King Henry VII and the City of London…Cover includes a detail of ‘Portrait of a Man' by Andrea Solari (c1490)
The outbreak of the First World War shattered the established European art market. Amidst fighting, looting, confiscations, expropriation fears and political and economic upheaval, an integrated marketplace shaped by upper-class patrons broke down entirely. In its place, Maddalena Alvi argues, can be found the origins of a recognizably modern market of nationalized spheres driven by capitalist investment and speculation, yet open to wider social strata. Delving into auction records, memoirs, newspaper articles, financial and legal documents in six languages, Alvi explores these cultural and socio-economic developments across the British, French, and German markets, as well as trade spheres such as Russia and Scandinavia. 1914 marked the end of the European art market and cemented the connection between art and finance. The European Art Market and the First World War: Art, Capital, and the Decline of the Collecting Class, 1910–1925 (Cambridge University Press, 2025) Maddalena Alvi holds a PhD in History from the University of Cambridge, an MSc in Economic and Social History from the University of Oxford, and an MLitt in Art History from the University of Glasgow. Priya S. Gandhi is a writer and strategist based in New York City. 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
Germany's Alternative for Germany (AfD) has been known for its foreign policy embrace of Russia and China, but in recent months, the party has turned its sights on building ties …
The outbreak of the First World War shattered the established European art market. Amidst fighting, looting, confiscations, expropriation fears and political and economic upheaval, an integrated marketplace shaped by upper-class patrons broke down entirely. In its place, Maddalena Alvi argues, can be found the origins of a recognizably modern market of nationalized spheres driven by capitalist investment and speculation, yet open to wider social strata. Delving into auction records, memoirs, newspaper articles, financial and legal documents in six languages, Alvi explores these cultural and socio-economic developments across the British, French, and German markets, as well as trade spheres such as Russia and Scandinavia. 1914 marked the end of the European art market and cemented the connection between art and finance. The European Art Market and the First World War: Art, Capital, and the Decline of the Collecting Class, 1910–1925 (Cambridge University Press, 2025) Maddalena Alvi holds a PhD in History from the University of Cambridge, an MSc in Economic and Social History from the University of Oxford, and an MLitt in Art History from the University of Glasgow. Priya S. Gandhi is a writer and strategist based in New York City. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history
In this festive episode of the Gilded Age & Progressive Era podcast, we welcome back food historian Becky L. Diamond to discuss her latest book, The Gilded Age Christmas Cookbook. Using recipes as historical evidence, Becky takes us into nineteenth-century kitchens to explore how Christmas took shape during the Gilded Age—an era defined by inequality, immigration, and the rise of modern consumer culture.We talk about forgotten holiday treats like sugar plums, German and Central European influences on the American Christmas table, the labor behind seasonal abundance, and the challenges of translating nineteenth-century recipes for modern kitchens. Along the way, Becky shows how food opens a powerful window onto aspiration, memory, and domestic life in the Gilded Age.This episode builds on Becky's earlier appearance on the podcast for The Gilded Age Cookbook and reminds us why food history belongs at the centre of Gilded Age and Progressive Era scholarship.----Becky L. Diamond, The Gilded Age Christmas Cookbook (Lyons Press)Becky L. Diamond, The Gilded Age Cookbook Hosted on Acast. See acast.com/privacy for more information.
From 'It's Always Gameday In Buffalo' (subscribe here): Spencer German of 92.3 The Fan Cleveland joins Matt and Sal to discuss Sunday's matchup, including the play of Shedeur Sanders, Myles Garrett continuing to wreak havoc on the league and what the Browns need to do to pull off a massive upset. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
From 'It's Always Gameday In Buffalo' (subscribe here): Spencer German of 92.3 The Fan Cleveland joins Matt and Sal to discuss Sunday's matchup, including the play of Shedeur Sanders, Myles Garrett continuing to wreak havoc on the league and what the Browns need to do to pull off a massive upset. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Ferdinand wanted to make cars for the people, but the Porsche brand we know is an empire of performance. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I’m Stephen’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is, well, it’s us, but we’re highlighting ads we’ve written and produced for our clients, so here’s one of those. [ASAP Commercial Doors Ad] Dave Young: Welcome to The Empire Builders Podcast. It’s the podcast where we talk about empires that were built, businesses, business empires. You know what we… If you’ve listened before, you know… Stephen Semple: Something like that. I get it. Businesses that have done pretty well over the years. Dave Young: They started small. Stephen Semple: They started small. Dave Young: They started small and then they got big. They got so big to the point that you could call them an empire. Stephen Semple: That’s it. That’s the idea. Dave Young: It’s a pretty simple premise. Stephen Semple: That’s it. Dave Young: So as we counted down, Steve told me the topic today and it’s Porsche. Stephen Semple: Yes, sir. Dave Young: Porsche. I’m assuming this is the car. Stephen Semple: The car, yes, the car. Dave Young: Okay. Stephen Semple: The car. Dave Young: And I’m trying to… I know some Porsche jokes, but I probably shouldn’t tell those on this show. I’m trying to think if I’ve ever actually been in a Porsche. Stephen Semple: Oh, well then you’ve got to come up and see me, Dave. Dave Young: You own one. I know you own one. Stephen Semple: Well, I have one. Bernier’s got two. I don’t know how many Steve has. Dave Young: I see how it is. I see how it is. Maybe I will tell my Porsche joke. So you guys that own them, do you call it Porscha? Because some of us just say Porsche. Stephen Semple: Well, if you actually take a look back, that’s the proper German pronunciation as Porsche. Dave Young: Porsche, okay. Stephen Semple: And it’s supposed to not be… It’s not Italian Porsche, right? So it’s Porsche. Dave Young: Porsche, Porsche. Okay, I’ll accept that. I’ll accept that. I’m guessing we’re- Stephen Semple: Well, look, you got to always call a dealership to double check. They’ll tell you. Dave Young: Now, if I had to guess where we’re headed to start this off sometime around the 40s, maybe earlier. Stephen Semple: A little earlier than that, actually. It was founded by Ferdinand Porsche in 1931 in Stuttgart, Germany. You’re not far off. But the interesting thing is where the growth really happened, even though that’s when it was founded, when things really started to happen, was actually post-World War II. Dave Young: That makes sense. Stephen Semple: You’re correct on that. Dave Young: So, it started in 31 and by the time you hit the late 30s and 40s, you’re part of the war machine. Stephen Semple: Yes. Dave Young: Okay. Stephen Semple: So it was founded in 1931, Stuttgart, Germany by Ferdinand. And when we take a look at the history of the business for a very long time, they were a part of the VW group, although they were recently spun off into their own separate business. And there’s a lot of shared history between VW and Porsche. A lot of people make fun of the fact that it’s basically a VW. There’s so much connection. Now here’s the other thing is, there’s a lot of connection in Nazi Germany here as well. And I mean- Dave Young: That’s what I was intimating but trying not to say, but yes, there was definitely. Stephen Semple: And not one of these ones of, “Oh, I’m a business and I got sucked up into the machine.” I mean, very early on. Very early on. Ferdinand was a member of the SS following the war, both he and his son were charged. Dave Young: No kidding. Stephen Semple: He served two years in jail. His son six months. So we’re not talking loose connections here. He was a buddy of Adolf. Let’s just put it out there. And if you remember, going back to episode 21, VW was founded by Nazi Germany. So episode 21 about The Beetle, and Ferdinand was the guy who designed the Beetle. Dave Young: Right, right. I remember you saying that, Ferdinand Porsche. Stephen Semple: And look, Porsche has not always had the success it has today. It’s become pretty big. They do 40 billion EU in sales. They have 40,000 employees. They make 300,000 cars. There was a time that they’re making cars in the hundreds and thousands. It wasn’t that long ago. But let’s go back to Germany to the early 1900s. And if we think about Germany at that time, pre-World War II, pre-World War I, there was lots of history of engineering and science in Germany. More Nobel Prizes in Science was awarded to Germany than anywhere else in the world at that time. Dave Young: Right. Stephen Semple: Germany was a real leader in science and engineering. And the first commercial automobile was made in Germany by Mercedes-Benz. So it’s 1906 and Daimler recruits Ferdinand because Ferdinand had been the winner of the Pottingham [inaudible 00:06:05] Prize, which is the automotive engineer of the year, which is given to new chief engineers and basically allows the person to have this designated doctor engineer honoris causa, Ferdinand Porsche. And he would go around calling himself all of that. Dave Young: Okay. Stephen Semple: And this is an honorary doctorate because he never actually finished college, but he had real engineering chops, Ferdinand. So he moves to Stuttgart, which at the time is a center of car making in Germany, including all the suppliers. And he works for Benz for 20 years. Okay. Now, it’s Germany in the 1930s and 2% of the population own a car in Germany as compared to the United States, which is 30%. Dave Young: In that time? Stephen Semple: In that time. Dave Young: Okay. Stephen Semple: Ferdinand comes up with this idea of we should make an inexpensive car. We shouldn’t be making car for the wealthy. We should make an inexpensive car. The board rejects the idea. Ferdinand leaves in 1929. And in 1931… Kicks around for a few years, and then 1931 starts a consulting firm. Now, this dude knew how to name things. You’re ready for the name of the company? Dave Young: Of the consulting firm? Stephen Semple: Of the consulting firm. Dave Young: Okay. Stephen Semple: I have to read this to get it right. The Doctor Engineer Honoris Causa Ferdinand Porsche Construction and Consulting and Design Services for Motor Vehicles. Dave Young: Now, if I know anything about German, that was all one word that you just said, right? Stephen Semple: Well- Dave Young: No spaces in between any of those words. Stephen Semple: Translated, you’ll see it as Dr. in H period, C period, F period, Porsche, capital G, small M, small B, capital H. Dave Young: It just rolls off the tongue, doesn’t it? Stephen Semple: Now, here’s the crazy thing. Up until 2009, that remained the official name of the company. You actually can find, if you see Porsche’s older than that, that if you look for that, it’ll be stamped somewhere in the car that that’s the manufacturer. Dave Young: They changed it finally because it was just too expensive to- Stephen Semple: It cost too much- Dave Young: Put that many letters in a dye cast. Stephen Semple: Exactly, exactly. Dave Young: Holy cow. Stephen Semple: So it’s 1934 and they land a contract with Germany to design a small affordable car for the people called the Volkswagen. Dave Young: Volkswagen. Stephen Semple: Beetle. Right, there you go. Now, here’s the thing that’s weird. Post World War II, the allies are in trying to rebuild Germany and no one owns VW. VW was owned by the state. So now it’s in the hands of the British and the British and the allies want to create a strong economy in West Germany because it’s now the Cold War. So the big defense to defending against East Germany and the expansion of communism is to really get the economy going in Germany. And so the British government, as we know from episode 21 about the Beetle, approached Porsche who designed it and said, “Help us get this car built.” And this is where it gets just a little bit weird because the son goes in one direction. Ferdinand’s doing his own thing. They both got arrested for war crimes. Son gets out first because he did six months. And his son’s name’s Ferry and his dad is in jail for two years. So between this time where dad’s still in jail and son’s out, here’s one of the things they did towards the end of the war. We don’t know exactly how many, but it was probably about 20 of their best engineers and they moved them out into the farmland of Austria and basically had them working in a barn because they didn’t want to get them arrested or killed, quite frankly. So Ferry gets out and he goes to this barn in Austria and he’s looking around and he goes, “What the heck are we going to do to make some money? Let’s start fixing up cars.” Now, not a huge business fixing up cars. It’s post-war and there weren’t a lot of cars in Germany anyway, but they had to do something. Then the dad gets out of jail and he ends up doing this work with Volkswagen. Now, here’s what’s interesting. And this is where the really tight ties between Porsche and Volkswagen start. The deal that the German government gives Ferdinand, the deal that the allies give Ferdinand is this. Dave Young: Stay tuned. We’re going to wrap up this story and tell you how to apply this lesson to your business right after this. [Using Stories to Sell Ad] Dave Young: Let’s pick up our story where we left off and trust me you haven’t missed a thing. Stephen Semple: The deal that the allies give Ferdinand is this. We want your help designing and distributing this car. We will give you a royalty for every VW Beetle sold worldwide. Dave Young: Wow, that’s pretty generous. Stephen Semple: Well, no one knew it was going to be such a huge success and basically go for 50 years that car was being built. Dave Young: Right, right. Stephen Semple: So for a long time, the biggest source of revenue for Porsche was royalties on VW Beetle sales. Dave Young: Wow, okay. So it really- Stephen Semple: Isn’t that crazy? Dave Young: It really wouldn’t exist if that deal hadn’t been made. Stephen Semple: May not have, may not have. Now, meanwhile, Ferry, who has design chops of his own and loves cars, started tinkering around with vehicles. And what he started to do was put big engines in small cars. There was all these Beetle parts lying around. He would build a car, this little car, and he’d put a big engine in it. And if you go back in the time, if you go back and take a look in the late 30s, early 40s, and you take a look at Ferraris and things like that, you take a look at the race cars at the time, they were two-thirds engines. They’re these massive engines. So he went the opposite direction. He said, “Well, let’s take a little car and put a big engine in it.” And he’s driving around and he goes, “This is fun.” Because he’s basing it on parts lying around, which is the VW stuff. It’s an engine in the back. This becomes the Porsche 356, which is basically Porsche’s first car. So they start making this car and they wanted to make it somewhat affordable. So the price was $3,750, which would be $42,000 today. And they also wanted to have it as being a daily driver because again, everybody else making performance cars were not daily drivers, had a trunk, bunch of things, daily driver. And this is an important part of Porsche’s DNA. We’re going to come back to this a little bit later, this idea of it being a daily driver. So coming out of World War II, sports cars, industry’s happening and everybody’s got one. MG and Jag in the UK, there’s Ferrari in Italy, you get the idea. Now, one thing I forgot to mention that’s interesting and still today, the government state of Lower Saxony, which is basically would be the state, they still own 20% of Volkswagen. Dave Young: Really? Okay. Stephen Semple: I forgot to mention that. Dave Young: Who are they now? Stephen Semple: Well, Volkswagen’s still around. Volkswagen’s still- Dave Young: No, who is the Saxony? Stephen Semple: Well, it’d be like saying the state of Texas. It’s a state. Dave Young: Okay, it’s just a part of Germany. Stephen Semple: Part of Germany and that government still owns 20% of the company. Dave Young: What a world. Stephen Semple: Now there’s all this stimulus going on in Germany to try to get the economy going. One of the things that they did, there was a really interesting tax rate. There was an interesting tax structure. There was a very high marginal tax rate. Now, ordinary people were taxed at 15%, but the marginal tax rate could go as high as 95%. And the reason why they wanted to do this was create this incentive for reinvestment. So there’s all this… As they’re making money, there’s this heavy reinvestment. And in the early 50s, racing is really exploding. Automobile racing is really exploding, but the lines between professional and amateur is blurry. If you remember, James Dean and Steve McQueen and other actors, Paul Newman, were all racing. Dave Young: Right. Stephen Semple: They’re all racing vehicles. And Jaguar and Porsche were trying to do the same thing in terms of creating this daily driver that you could race. Now in the end, Porsche won, and I think part of it is because quite frankly, they just built a better vehicle. There was a time where the joke with Jaguars was you had to own two because one would always be in the shop and one… And going back to the early DNA, Ferry Porsche was quoted as saying, “We have the only car that can go from an East African safari to race in the Le Mans to take out to theater and then drive on the streets in New York.” Dave Young: Wow, okay. Stephen Semple: And look, today, Porsche still heavily advertises that. They will advertise a Porsche driving through the snow with ski racks on it. And not their SUVs, the 911. This is very much part of it. And if you think about it, this parallels what Rolex did in the early days. You remember from episode 184 with Rolex. Rolex, the Submariner, the Explorer. Dave Young: Target by niche. Stephen Semple: Target by niche and make it tough and something that you could use and wear day to day. So it’s 1954 and Porsche’s selling 588 cars and about 40% of them is in the US. So really what’s making things hum with them is all those Beetle sales. And it’s the ’60s, the Ford Mustang comes out, the Jag E type comes out, the Austin-Healey comes out, and Porsche decides they need a new vehicle. And they were going to do a sedan, a four door sedan. But what they realized was they didn’t really want to compete with Mercedes and BMW. So they looked around at the other German car manufacturers and they said, “You know what? That’s probably not the place to go.” They had designed it up and that project failed. They had also been working on a six cylinder Boxter engine. So Boxter engine, the cylinders are opposed, so they’re like boxing. And the whole idea is that lowers the center of gravity of the weight of the engine. And they had a project that they were working on that that didn’t go ahead. So they stepped back and they went, “Maybe what we should do is just reduce the size of the sedan and put that engine in it.” That’s what they did. And that became the Porsche 901. Except there’s a problem. Peugeot had the copyright for zero in the middle of a bunch of numbers in France. They couldn’t call it the 901 because of that copyright. Dave Young: So they called it- Stephen Semple: So they called it the 911. And that’s now the iconic Porsche car. 1966, they sell 13,000 of these cars. Now, here’s the thing that I think is very interesting. And Porsche, as far as I could figure out, is the only car manufacturer that does this. First of all, they’ve maintained the 911 forever, but even on top of that, Porsche really understands design language. We can all recognize a Porsche. Dave Young: Right. Stephen Semple: We can recognize one from 2020. We can recognize one from 1999. We can recognize one from 1970. Even though they’ve upgraded the technology, they’ve changed the design of the car. They’ve now come out with the Cayman and the Macan and the Cayenne. They’re all recognizable as that vehicle. They’ve done a great job of doing that. I think that was a lost opportunity, frankly, when Tesla came out because they had a clean design slate. Tesla could have done that. But I think that’s really interesting how they’ve managed to maintain, even though they’ll modernize it. In our minds, we still will see one and go, “That’s a Porsche.” Dave Young: Sure. And the great car brands are able to do that. Stephen Semple: Yes. Dave Young: Audi is always going to be an Audi. Volvo is always going to look like a Volvo. And in the Portals class at Wizard Academy, one of the videos that I use to demonstrate that, there’s a language. If you combine specific shapes and specific lines, that all adds up to that brand of car. And so I’ve got an old video that I got when I was in the Motor Press Guild from Audi. It was just a video that was made for journalists with an Audi designer explaining all the lines on the car when they came out with the Q7 and how it still maintained the Audi design language. It was fascinating. Stephen Semple: It is. Dave Young: So Porsche could tell you that and the cool thing is those designers can tell you that. It’s hard for you and I to go, “Well, I can look at it and say, “That’s a Porsche.” But to be able to put it into words that describe it to someone else, is a gift. Stephen Semple: What’s really interesting, my nephew, Jeffrey, he loves Audi’s. That’s what he has. And he’ll even make the comment, he doesn’t like the Porsche’s because you feel like you’re in a bubble. Audis are very square. If you look at the back of an Audi and you look at the rear end of a Porsche, it has hips. But again, he’s even, “They’re great cars, but I like the squareness of the Audi.” So that’s interesting. Dave Young: Audi Audi has a fairly, not perpendicular, but an upright grill more so than a … And that’s part of their design language. Stephen Semple: So the whole DNA of Porsche came from this whole idea of a small car. Dave Young: Big engine. Stephen Semple: Big engine, daily driver, that was the whole idea is, it’s supposed to be a car that you can drive every day. That’s the core, core, core, core principle. That’s why they always have decent sized trunks. I remember when Gary bought his Boxter, one of the things he loved about it is you can actually put two sets of golf clubs in that car. Dave Young: Okay. Stephen Semple: Right? Now, here’s what’s fun. There was a time where when they were really wanting to get things going, they did some great print advertisements. So they had ads like bug killer. Another one was calling it transportation is like calling sex reproduction. Dave Young: Okay. Stephen Semple: Now, two of my favorites, one was not perfect. It would list 20 or 30 races that Porsche won. And if you actually read it, there was two that it didn’t. Dave Young: That they didn’t, “We didn’t win all the races.” Stephen Semple: So not perfect. Dave Young: That could have been driver error. Stephen Semple: That could have been. But Dave, you were going to make some jokes. Porsche’s able to laugh at itself. It actually had an ad that said, “Small penis? Have I got a car for you? If you’re going to overcompensate, then by all means, overcompensate.” Dave Young: I love it, I love it. Well, and that’s always the thing, the jokes are not about the car. Stephen Semple: But they actually ran that ad and I believe it ran in Car and Driver Magazine. I cannot imagine getting that ad approved. Dave Young: That’s amazing. Stephen Semple: And look, their own drivers are like, “Yeah, whatever.” Dave Young: Sure, compensating all I want. Absolutely. I love that story. Well, thank you, Stephen. I love the story of Porsche. Stephen Semple: There you go. Dave Young: And get out there and enjoy it or just buy me one and send it here. Thank you. Stephen Semple: All right, thanks, David. Dave Young: Thanks for listening to the podcast. Please share us. Subscribe on your favorite podcast app and leave us a big fat, juicy five-star rating and review at Apple Podcasts. And if you’d like to schedule your own 90-minute Empire Building session, you can do it at empirebuildingprogram.com.
From 'It's Always Gameday In Buffalo' (subscribe here): Spencer German of 92.3 The Fan Cleveland joins Matt and Sal to discuss Sunday's matchup, including the play of Shedeur Sanders, Myles Garrett continuing to wreak havoc on the league and what the Browns need to do to pull off a massive upset. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
The outbreak of the First World War shattered the established European art market. Amidst fighting, looting, confiscations, expropriation fears and political and economic upheaval, an integrated marketplace shaped by upper-class patrons broke down entirely. In its place, Maddalena Alvi argues, can be found the origins of a recognizably modern market of nationalized spheres driven by capitalist investment and speculation, yet open to wider social strata. Delving into auction records, memoirs, newspaper articles, financial and legal documents in six languages, Alvi explores these cultural and socio-economic developments across the British, French, and German markets, as well as trade spheres such as Russia and Scandinavia. 1914 marked the end of the European art market and cemented the connection between art and finance. The European Art Market and the First World War: Art, Capital, and the Decline of the Collecting Class, 1910–1925 (Cambridge University Press, 2025) Maddalena Alvi holds a PhD in History from the University of Cambridge, an MSc in Economic and Social History from the University of Oxford, and an MLitt in Art History from the University of Glasgow. Priya S. Gandhi is a writer and strategist based in New York City. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/german-studies
We went in hard on this one… you're getting a 2 for 1. A live spectacular on Kaiser Wilhelm II and his mother Empress Frederick AND some musings from us afterwards because we couldn't get enough of this German/British collab that ended, well… terribly.Follow Vicky, daughter of Queen Victoria and liberal reformer Prince Albert, as she dives into the absolute viper's nest that was the 19th Century court of Prussia ruled over by the Hohenzollerns. She's got a gorgeous, kind husband, representing the hopes of German reformers. But first born Kaiser Wilhelm will fall terribly far from the tree and ruin a lot.If you get to the end, you will be rewarded with the scandal of how Empress Frederick was possibly buried and the traditional British cure for cancer… smiling at it. (Sorry that some of the sound goes up and down and that you can occasionally Pip fanning herself dramatically. It was hot)++++++
Andy drove down to the warehouse and selected what he needed.
Part II of our December Thermodynamics Extravaganza! Aarati tells the story of the German scientist who formally stated that 1) energy is conserved and 2) entropy is always increasing.Support the showFor more information and sources for this episode, visit https://www.smartteapodcast.com.
“Craftsmanship stands on golden soil” — an old German saying that fits into the current times. While artificial intelligence is massively changing a number of sectors, trades are experiencing a new appreciation. The German-Swiss family company Germax in Sydney has been manufacturing high-quality carpentry products for the Australian and Asian markets for decades. In conversation project manager Adrian Alpert talks about the annual pre-Christmas rush in the workshop, the value of crafts and possible applications for AI in the industry. - „Das Handwerk steht auf goldenem Boden“ – ein alter Spruch, der in die aktuelle Arbeitswelt passt. Während künstliche Intelligenz etliche Berufsfelder massiv verändert, erlebt handwerkliche Arbeit eine neue Wertschätzung. Das deutsch-schweizerische Familienunternehmen Germax in Sydney fertigt seit Jahrzehnten hochwertige Schreinerprodukte für den australischen und asiatischen Markt. Im Gespräch mit Projektmanager Adrian Alpert geht es um den alljährlichen Vorweihnachtsstress in der Werkstatt, die gesellschaftliche Stellung des Handwerks und die Anwendungsmöglichkeiten für KI in der Branche.
Losing your citizenship and being expelled from your home country is a profound humiliation that happened to many German and Austrian citizens in the 1930s. This injustice has now - at least in part - been redressed in Sydney. - Seine Staatsbürgerschaft zu verlieren, von seinem Heimatland ausgestoßen zu werden, ist eine tiefe Demütigung, die in den 30er Jahren vielen deutschen und österreichischen Mitbürgern widerfahren ist. Dieses Unrecht ist in Sydney jetzt - zum Teil wenigstens - wiedergutgemacht worden.
Spencer German of 92.3 The Fan Cleveland joins Matt and Sal to discuss Sunday's matchup, including the play of Shedeur Sanders, Myles Garrett continuing to wreak havoc on the league and what the Browns need to do to pull off a massive upset. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
The outbreak of the First World War shattered the established European art market. Amidst fighting, looting, confiscations, expropriation fears and political and economic upheaval, an integrated marketplace shaped by upper-class patrons broke down entirely. In its place, Maddalena Alvi argues, can be found the origins of a recognizably modern market of nationalized spheres driven by capitalist investment and speculation, yet open to wider social strata. Delving into auction records, memoirs, newspaper articles, financial and legal documents in six languages, Alvi explores these cultural and socio-economic developments across the British, French, and German markets, as well as trade spheres such as Russia and Scandinavia. 1914 marked the end of the European art market and cemented the connection between art and finance. The European Art Market and the First World War: Art, Capital, and the Decline of the Collecting Class, 1910–1925 (Cambridge University Press, 2025) Maddalena Alvi holds a PhD in History from the University of Cambridge, an MSc in Economic and Social History from the University of Oxford, and an MLitt in Art History from the University of Glasgow. Priya S. Gandhi is a writer and strategist based in New York City. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/art
The FBI announced it had prevented a deadly terrorist attack that would have taken place on New Year's Eve by a radical group called the Turtle Island Liberation Front. Glenn speaks with Capital Research Center investigative researcher Ryan Mauro to discuss the seriousness of this potentially deadly attack. Glenn tells the story of the great Christmas truce during World War I, when German and British soldiers unanimously agreed to a ceasefire for the holiday. Glenn plays his latest AI Christmas song: "For a Night, We Were Human." Glenn analyzes the Christmas classic "It's a Wonderful Life" and how its message has only become more relatable over time. Learn more about your ad choices. Visit megaphone.fm/adchoices
The FBI announced it had prevented a deadly terrorist attack that would have taken place on New Year's Eve by a radical group called the Turtle Island Liberation Front. Glenn speaks with Capital Research Center investigative researcher Ryan Mauro to discuss the seriousness of this potentially deadly attack. Glenn and Stu discuss the anti-Semitic attack that occurred on Bondi Beach in Australia and the suspect's mother's reaction to her son allegedly perpetrating this horrific atrocity. The guys also discuss the dehumanization the Left engages in when it comes to political rivals. Glenn tells the story of the great Christmas truce during World War I, when German and British soldiers unanimously agreed to a ceasefire for the holiday. Glenn plays his latest AI Christmas song: "For a Night, We Were Human." Glenn and Stu discuss President Trump's disappointing post about Rob Reiner's death and the GOP's mostly unanimous condemnation of the post. Glenn analyzes the Christmas classic "It's a Wonderful Life" and how its message has only become more relatable over time. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our Chief Fixed Income Strategist Vishy Tirupattur responds to some of the feedback from clients on Morgan Stanley's 2026 global outlooks.Read more insights from Morgan Stanley.----- Transcript -----Vishy Tirupattur: Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Today, I consider the pushback we've received on our 2026 outlooks – distilling the themes that drew the most debate and our responses to the debates. It's Tuesday, Dec 16th at 3:30pm in New York. It's been a few weeks [since] we published our 2026 outlooks for the global economy and markets. We've had lots of wide-ranging conversations, much dialogue and debate with our clients across the globe on the key themes that we laid out in our outlook. Feedback has ranged from strong alignment to pointed disagreement, with many nuanced views in between. We welcome this dialogue, especially the pushback, as it forces us to re-examine our assumptions and refine our thinking. Our constructive stance on AI and data center-related CapEx, along with the pivotal role we see for the credit market channels, drew notable scrutiny. Our 2026 CapEx projections was anchored by a strong conviction – that demand for compute will far outstrip the supply over the next several years. We remain confident that credit markets across unsecured, structured, and securitized instruments in both public and private domains will be central to the financing of the next wave of AI-driven investments. The crucial point here is that we think this spending will be relatively insensitive to the macro conditions, i.e., the level of interest rates and economic growth. Regarding the level of AI investment, we received a bit of pushback on our economics forecast: Why don't we forecast even more growth from AI CapEx? From our perspective, that is going to be a multi-year process, so the growth implications also extend over time. Our U.S. credit strategists' forecast for IG bond supply – $2.25 trillion in gross issuance; that's up 25 percent year-over-year, or $1 trillion in net issuance; that's 60 percent year-over-year – garnered significant attention. There was some pushback to the volume of the issuance we project. As CapEx growth outpaces revenue and pressures free cash flow, credit becomes a key financing bridge. Importantly, AI is not the sole driver of the surge that we forecast. A pick-up in M&A activity and the resulting increase in acquisition-driven IG supply also will play a key role, in our view. We also received pushback on our expectation for modest widening in credit spreads, roughly 15 basis points in investment grade, which we still think will remain near the low end of the historical ranges despite this massive surge in supply. Some clients argued for more widening, but we note that the bulk of the AI-related issuance will come from high-quality – you know AAA-AA rated issuers – which are currently underrepresented in credit markets relative to their equity market weight. Additionally, continued policy easing – two more rate cuts – modest economic re-acceleration, and persistent demand from yield-focused buyers should help to anchor the spreads. Our macro strategists' framing of 2026 as a transition year for global rates – from synchronized tightening to asynchronous normalization as central banks approach equilibrium – was broadly well received, as was their call for government bond yields to remain broadly range-bound. However, their view that markets will price in a dovish tilt to Fed policy sparked considerable debate. While there was broad agreement on the outlook for yield curve steepening, the nature of that steepening – bull steepening or bear steepening – remained a point of contention. Outside the U.S., the biggest pushback was to the call on the ECB cutting rates two more times in 2026. Our economists disagreed with President Lagarde – that the disinflationary process has ended. Even with moderate continued euro area growth on German fiscal expansion, but consolidation elsewhere, we still see an output gap that will eventually lead inflation to undershoot the ECB's 2 percent target. We also engaged in lively dialogue and debate on China. The key debate here comes down to a micro versus macro story. Put differently, the market is not the economy and the economy is not the market. Sentiment on investments in China has turned around this year, and our strategists are on board with that view. However, from an economics point of view, we see deflation continuing and fiscal policy from Beijing as a bit too modest to spark near-term reflation. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.
Brülosophy merch is available - click here to see all we have to offer! Contributor Will Lovell joins Marshall to discuss the deliciously dark German lager style known as Schwarzbier, as well as what tasters thought of a version brewed using Short & Shoddy methods. Become a Brülosophy Patron today and be rewarded for your support! | Relevant Article | Short & Shoddy Schwarzbier
Recent data shows the UK economy shrinking and German industrial production stalling, while US PMI data remains robust. This divergence suggests the US remains the "cleanest dirty shirt" in the global economy.Today's Stocks & Topics: First Trust Water ETF (FIW), Market Wrap, Residential Real Estate in the Bay Area, “Global Divergence: Europe Stalls, US Chugs Along”, Contango Ore, Inc. (CTGO), Dolly Varden Silver Corporation (DVS), Options & Capital Gains, Transport Stocks, NFLX and WBD Merge, Costco Wholesale Corporation (COST), Eli Lilly and Company (LLY), Bank Stocks.Our Sponsors:* Check out ClickUp and use my code INVEST for a great deal: https://www.clickup.com* Check out Incogni: https://incogni.com/investtalk* Check out Invest529: https://www.invest529.com* Check out NordProtect: https://nordprotect.com/investalk* Check out Progressive: https://www.progressive.com* Check out Quince: https://quince.com/INVEST* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
Before the United States entered the Second World War in late 1941, the US wasn't an active combatant, but it wasn't entirely neutral. In December 1940, after the Nazi invasion of France, President Franklin Roosevelt initiated a program to assist the British who were being assailed on all fronts by the Germans. He likened it to helping a neighbor out when their house was on fire. The program continued throughout the war and changed the course of the entire conflict. Learn more about Lend Lease and how America's industrial capacity shaped World War II on this episode of Everything Everywhere Daily. Sponsors Quince Go to quince.com/daily for 365-day returns, plus free shipping on your order! Mint Mobile Get your 3-month Unlimited wireless plan for just 15 bucks a month at mintmobile.com/eed Chubbies Get 20% off your purchase at Chubbies with the promo code DAILY at checkout! Aura Frames Exclusive $35 off Carver Mat at https://on.auraframes.com/DAILY. Promo Code DAILY DripDrop Go to dripdrop.com and use promo code EVERYTHING for 20% off your first order. Uncommon Goods Go to uncommongoods.com/DAILY for 15% off! Subscribe to the podcast! https://everything-everywhere.com/everything-everywhere-daily-podcast/ -------------------------------- Executive Producer: Charles Daniel Associate Producers: Austin Oetken & Cameron Kieffer Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/ Disce aliquid novi cotidie Learn more about your ad choices. Visit megaphone.fm/adchoices
[00:30] The New German War Machine (55 minutes) German Chancellor Friedrich Merz stated this weekend that “Pax Americana” is over, and Europe can no longer rely on the U.S. for defense. Germany's young people are now preparing for the reality of war. A PBS documentary aired in November analyzed the rise of German nationalism and militarism, trends that the Plain Truth and Trumpet magazines have been warning about since the end of World War II.
On today's episode, we talk about a forgotten part of the Battle of the Bulge - Elsenborn Ridge, where outnumbered allied units held against veteran German divisions, and what the chances were that the Reich could have turned the tide in 1944.
Penny & Midge uncover the occasionally spooky but often weird history of gingerbread. From Roman celebrations to German fairytales, this treat has worn many shapes over the years. Join the conversation on the Ghouls Night In discord! Shop Ghouls Night In merch Follow the ghouls on instagram at @ghoulsnightinpod Cover art by Alex Zimdars
practice using bitte and imperative forms in German