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What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the Vessel.Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self.Empty Vessel: The Story of the Global Economy in One Barge is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint. Dr. Ian Kumekawa is a historian of economic thinking, capitalism, and empire. He is currently an Anniversary Fellow at the Center for History and Economics at Harvard University and a Lecturer in History at MIT. He previously published a book called 'The First Serious Optimist' about Pigou and the birth of welfare economics. His second book, which we will discuss today is called, Empty Vessel: The Global Economy in One Barge, came out with Knopf and John Murray in May 2025. Sidney Michelini is a post-doctoral researcher working on Ecology, Climate, and Violence at the Peace Research Institute of Frankfurt (PRIF). Book Recomendations: The Dawn Watch: Joseph Conrad in a Global World by Maya JasanoffThe Toxic Ship:The Voyage of the Khian Sea and the Global Waste Trade by Simone M. MüllerThe Hidden Globe: How Wealth Hacks the World by Atossa Araxia Abrahamian 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
What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the Vessel.Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self.Empty Vessel: The Story of the Global Economy in One Barge is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint. Dr. Ian Kumekawa is a historian of economic thinking, capitalism, and empire. He is currently an Anniversary Fellow at the Center for History and Economics at Harvard University and a Lecturer in History at MIT. He previously published a book called 'The First Serious Optimist' about Pigou and the birth of welfare economics. His second book, which we will discuss today is called, Empty Vessel: The Global Economy in One Barge, came out with Knopf and John Murray in May 2025. Sidney Michelini is a post-doctoral researcher working on Ecology, Climate, and Violence at the Peace Research Institute of Frankfurt (PRIF). Book Recomendations: The Dawn Watch: Joseph Conrad in a Global World by Maya JasanoffThe Toxic Ship:The Voyage of the Khian Sea and the Global Waste Trade by Simone M. MüllerThe Hidden Globe: How Wealth Hacks the World by Atossa Araxia Abrahamian Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the Vessel.Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self.Empty Vessel: The Story of the Global Economy in One Barge is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint. Dr. Ian Kumekawa is a historian of economic thinking, capitalism, and empire. He is currently an Anniversary Fellow at the Center for History and Economics at Harvard University and a Lecturer in History at MIT. He previously published a book called 'The First Serious Optimist' about Pigou and the birth of welfare economics. His second book, which we will discuss today is called, Empty Vessel: The Global Economy in One Barge, came out with Knopf and John Murray in May 2025. Sidney Michelini is a post-doctoral researcher working on Ecology, Climate, and Violence at the Peace Research Institute of Frankfurt (PRIF). Book Recomendations: The Dawn Watch: Joseph Conrad in a Global World by Maya JasanoffThe Toxic Ship:The Voyage of the Khian Sea and the Global Waste Trade by Simone M. MüllerThe Hidden Globe: How Wealth Hacks the World by Atossa Araxia Abrahamian Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
The Strait of Hormuz is a vital maritime choke point through which about 20% of the world's oil and a significant share of liquefied natural gas are shipped daily. Today's Stocks & Topics: EMN - Eastman Chemical Co., How Much Physical Precious Metals Justin Owns?, Why the Strait of Hormuz Remains a Critical Lifeline for the Global Economy, DOW - Dow Inc., BIIB - Biogen Inc., The Labor Market, Difference from a 403b and regular 401k, BCS - Barclays PLC ADR, FINV - FinVolution Group ADR, The Dollar.Our Sponsors:* Check out Ka'Chava and use my code INVEST for a great deal: https://www.kachava.com* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands
Steve Forbes calls out the Federal Reserve for its refusal to reduce interest rates due to its animus against President Trump, who attacks Chair Jerome Powell routinely—and explains why DOGE-like massive reforms are required to put the central bank back on course.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
US President Donald Trump has criticised both Israel and Iran, despite a ceasefire deal. But what does continuing tensions in the Middle East mean for oil prices and the wider global economy? We're in Tianjin, China, for the Summer World Economic Forum, where global leaders are meeting against a backdrop of slowing growth and rising trade tensions. And Leanna Byrne speaks to tech specialist Takara Small as Google's dominance in the UK comes under the spotlight by regulators who say it may need to change how the search engine works. The latest business and finance news from around the world, on the BBC.
At the midpoint of 2025, the global economy stands at a precarious intersection of cooling inflation on one side, rising geopolitical tensions on the other. In this episode of No Ordinary Wednesday, Jeremy Maggs speaks with Investec Chief Economists Annabel Bishop (South Africa) and Phil Shaw (UK) about the shocks and signals shaping markets from the Strait of Hormuz and the US tariff clock to South Africa's subdued growth and greylisting outlook. Podcast key moments: 00:00 – Introduction 01:20 - How are markets reacting to Middle East risk premium? 02:37 - How significant is the risk that supply disruptions there could derail the fragile global recovery? 04:00 - What's South Africa's inflationary forecast and will prices rise at the pump? 05:58 - Can the South African Reserve Bank afford to be hawkish? 08:02 – Do major central banks have room to cut interest rates? 09:58 - How exposed is South Africa's sovereign risk profile to another bout of foreign investor retreat? 13:18 - How has the global economy reacted to the tariff threat? 15:05 - South Africa also bracing itself for what's next on the tariff front 17:16 – Dollar outlook 18:23 - What impact will the dollar weakness have on emerging markets? 20:17 – Will Europe's growth strengthen in coming months? 21:38 – South Africa's growth outlook 24:16 – Should South Africa get off the grey list, how would rating agencies react? 26:35 - Critical risks and opportunities in the global economy in the next six months Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA
In this explosive episode of The Crux True Survival Story Podcast, hosts Kaycee McIntosh and Julie Henningsen dive into five days of pure terror on the high seas. When four armed Somali pirates stormed the Maersk Alabama in 2009, Captain Richard Phillips made a split-second decision that would either save his crew—or cost him his life. What followed was a heart-pounding standoff in a sweltering lifeboat with AK-47-wielding captors, while Navy SEALs prepared for one of the most precise rescue shots in military history. But here's the twist: was Phillips the hero Hollywood portrayed, or did his reckless decisions put everyone in danger? Kaycee and Julie unpack the shocking controversies, the three-bullet rescue that captivated the world, and why Phillips' own crew sued him. Plus, they reveal the terrifying reality of modern piracy—it's bigger, deadlier, and closer to your daily life than you think. 00:00 Introduction to Case Knives 00:30 Exciting News: Disaster Strikes Expands to Patreon 01:21 Meet Your Hosts: Casey and Julie 01:42 Listener Shoutout and Story Request 02:10 The Story of Captain Richard Phillips Begins 06:30 Background on Somali Piracy 12:38 Ruff Greens 13:45 The Pirate Attack on Maersk Alabama 20:55 The Ideal Prisoner Exchange 21:30 Phillips' Lifeboat Ordeal 23:43 Navy to the Rescue 27:08 The Aftermath and Controversy 29:05 Modern Piracy: A Continuing Threat 35:07 The Maersk Alabama's Legacy 37:42 Lessons from Captain Phillips 41:59 Final Thoughts and Listener Engagement Patreon patreon.com/TheCruxTrueSurvivalPodcast Email us! thecruxsurvival@gmail.com Instagram https://www.instagram.com/thecruxpodcast/ Get schooled by Julie in outdoor wilderness medicine! https://www.headwatersfieldmedicine.com/ Sources Wikipedia - "Maersk Alabama hijacking" https://en.wikipedia.org/wiki/Maersk_Alabama_hijacking Comprehensive encyclopedia entry covering the 2009 hijacking incident, rescue operation, and aftermath with extensive sourcing Wikipedia - "MV Tygra" https://en.wikipedia.org/wiki/MV_Tygra Article about the ship formerly known as Maersk Alabama, including details about the hijacking and the vessel's current status Wikipedia - "Richard Phillips (merchant mariner)" https://en.wikipedia.org/wiki/Richard_Phillips_(merchant_mariner) Biographical information about Captain Phillips, including details about the hijacking and subsequent controversies ScreenRant - "The True Story Behind Captain Phillips & The Maersk Alabama Hijacking" https://screenrant.com/captain-phillips-maersk-alabama-hijacking-true-story/ Comprehensive overview of the true events behind the 2013 film, including details about the hijacking timeline and accuracy of the movie portrayal All That's Interesting - "The Story Of The Real Captain Richard Phillips Who Was Kidnapped By Somali Pirates" https://allthatsinteresting.com/captain-richard-phillips In-depth biographical information about Captain Phillips and detailed account of the hijacking events TIME Entertainment - "The True Tale of Captain Phillips" https://entertainment.time.com/2013/10/12/movie-fact-check-captain-phillips/ Fact-checking analysis comparing the Hollywood film to actual events, sourced from Phillips' memoir The Toronto Star - "Captain Phillips: The True Story Behind the Dramatic Rescue" https://www.thestar.com/news/world/captain-phillips-the-true-story-behind-the-dramatic-rescue/article_a347bd32-76db-5474-9f2c-51253d2f64b7.html Detailed reporting on the rescue operation and controversies surrounding the official narrative The Cinemaholic - "The Scary True Story Behind Captain Phillips, Explained" https://thecinemaholic.com/is-captain-phillips-based-on-a-true-story/ Analysis of the true story elements and creative liberties taken in the film adaptation Is True Story - "The True Story Behind Captain Phillips: Separating Fact from Fiction" https://istruestory.com/captain-phillips-story-true/ Comprehensive fact-checking resource examining the accuracy of various story elements Modern Piracy Research Sources Maritime Page - "Modern Day Pirates: A Closer Look at Maritime Crime in the 21st Century" https://maritimepage.com/modern-day-pirates-a-closer-look-at-maritime-crime/ Expert analysis of contemporary maritime piracy, including tactics, statistics, and countermeasures World Atlas - "Modern Day Pirate Attacks By Country" https://www.worldatlas.com/articles/modern-day-pirates-countries-with-the-most-maritime-piracy-today.html Statistical breakdown of piracy incidents by geographic region and country History18 - "Modern Piracy: Do Pirates Still Exist?" https://history18.com/modern-pirates/ Historical context and contemporary analysis of piracy evolution and current hotspots 9News Australia - "Pirates of the 21st Century: Modern Threat Costing the Global Economy $37 Billion Per Year" https://www.9news.com.au/world/modern-day-pirates-what-are-they-everything-to-know-explainer/c56da778-e0a1-4f40-8e93-22b673742c3a Current statistics on modern piracy's economic impact and global maritime security challenges Museum and Archival Sources National Navy UDT-SEAL Museum - "Maersk Alabama Lifeboat" https://www.navysealmuseum.org/maersk-alabama Official museum documentation of the actual lifeboat used in the hijacking, now on permanent display Captain Phillips Fandom Wiki - "Maersk Alabama hijacking" https://captain-phillips.fandom.com/wiki/Maersk_Alabama_hijacking Fan-maintained resource with detailed timeline and behind-the-scenes information Legal and Industry Sources VB Attorneys - "Captain Phillips and the Truth About What Happened" https://www.vbattorneys.com/blog/maersk-alabama-and-somali-pirates-suit Legal perspective from attorneys who represented crew members in lawsuits against Maersk Line gCaptain - "Maersk Alabama Hijacking: Ten Years Later, Could It Happen Again?" https://gcaptain.com/maersk-alabama-hijacking-anniversary/ Maritime industry analysis of lessons learned and current piracy threats Britannica - "Maersk Alabama hijacking" https://www.britannica.com/event/Maersk-Alabama-hijacking Scholarly encyclopedia entry with expert analysis and historical context Additional References Phillips, Richard, and Stephan Talty. A Captain's Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea. Hyperion Books, 2010. Primary source memoir co-authored by Captain Phillips himself International Maritime Bureau (IMB) Piracy Reporting Centre Global database of piracy incidents and maritime crime statistics U.S. Navy Official Reports on the Maersk Alabama Incident Military documentation of the rescue operation and SEAL Team Six involvement Note: All sources accessed and verified as of June 2025. Some URLs may have been shortened or modified for formatting purposes.
What's going to happen in this Middle East crisis? The fact that no one knows is the key point for investors grappling with an exceptionally fluid situation.In this week's podcast, Group Chief Economist Neil Shearing explores the scenarios we've outlined so clients can assess how the Israel-Iran conflict could unfold. He also draws a distinction between risk and uncertainty – a critical distinction that matters when trying to understand the implications of global crises like this one.Jonas Goltermann, our Deputy Chief Markets Economist, joins to explain how markets have been reacting and what kind of volatility to expect as decisions near on US involvement in Israeli strikes, the imposition of ‘Liberation Day' tariffs, and a crucial vote on US tax cuts in the Senate.Also in this episode, Kiran Raichura, our Chief Commercial Real Estate Economist, previews our new Asia-Pacific CRE coverage, explains why we're expanding now, what clients can expect, and what our early analysis says about the region's investment recovery.Analysis and events referenced in this episode:Read: Mapping out Israel-Iran conflict scenariosKey Issue: Iran-Israel conflictDrop-In: Russia's rising macro and market risks as war drags onRoundtable: Opportunities and risks in the shadow of US trade protectionism
Steve Forbes shares his unvarnished reaction to the Federal Reserve's continued refusal to cut interest rates due to its absurd belief in the patently false premise that to control inflation, it must deliberately try to stimulate or depress economic activity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes explains that in this extremely precarious geopolitical situation, President Trump must stay firm by backing Israel against Iran and Ukraine against Russia.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What do a barracks from British troops in the Falkland War, a floating jail of the Bronx, and temporary housing for VWF workers in Germany have in common? Well according to our next guest, Ian Kumekawa, they have all inhabited one Swedish barge built in 1979. Now, the barge has so many names, the author calls it “The Vessel.” The book is called “Empty Vessel: The Story of the Global Economy in One Barge.”
A hotel for Thatcher's fallen soldiers in the Falkland Islands. A hospital for Rikers inmates. A home for workers in the offshore fossil fuel industry. These are just a few of the past lives of “Jascon 27” – a Scandinavian ship that is the subject of writer Ian Kumekawa's new book, Empty Vessel: The Story of the Global Economy in One Barge. The Vessel is, of course, a ship that transports people and goods. But, as journalist Atossa Araxia Abrahamian notes, and Kumekawa's book reveals, it is also a bellwether of political movements and economic shifts, and a symbol of “the whims and desires” of corporations, nations, and individuals alike. Abrahamian wrote about Empty Vessel in the latest issue of The Nation. She's an independent journalist who writes about the cracks within nation-states worldwide. She is also a former editor at The Nation and Al Jazeera America, and author of The Cosmoplites: The Coming of the Global Citizen and The Hidden Globe.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
An increasing number of regional conflicts - as well as Donald Trump's tariffs, are threatening the global economy. Westpac Group Chief Economist Luci Ellis told Mike Hosking that she believes the tariffs were economic self-harm. She says they still threaten the US economy and trade patterns will continue to change, but other countries aren't going to escalate. See omnystudio.com/listener for privacy information.
Following Israeli strikes against Iranian nuclear and military targets, and Iranian counterstrikes, Group Chief Economist Neil Shearing lays out what investors should be watching for across macro and markets. Among other issues, Neil also explains:Why – as things stand – this situation shouldn't influence the Fed meeting in the coming week; What the latest inflation data signal about how tariffs are working their way through the global economy; Whether a 'shadow' Fed chairman would tackle Donald Trump's problems with the current incumbent What to make of the past week's round of US-China talks in London.Also on the show, Commodities Economist Hamad Hussain talks about China's stranglehold on global rare earths supply, how the demand picture will change in the wake of the latest US-China agreement and why Western governments haven't done more to find alternatives to Chinese sellers. Events and analysis referenced in this episode:The Israel-Iran escalation and global marketsIsrael's strikes on Iran: assessing the macro impactDrop-In: Israel-Iran military strikes – Assessing the global economic implicationsFiring Powell would just be the beginning of the Fed's endLimited US-China “deal” suggests ambitions are lowRare earths “deal” won't be the final wordCapital Economics Events
U.S. President Donald Trump famously tweeted during his first term, “Trade wars are good, and easy to win.” But the record of the trade war that Trump started with his so-called Liberation Day tariffs in early April suggests that things are a bit more complicated. In an essay for Foreign Affairs appropriately titled, “Trade Wars Are Easy to Lose,” the economist Adam Posen argues that the United States has a weaker hand than the Trump administration believes. That's especially true when it comes to China, the world's second-largest economy and perhaps the real target of Trump's trade offensive. “It is China that has escalation dominance in this trade war,” Posen writes. “Washington, not Beijing, is betting all in on a losing hand.” Dan Kurtz-Phelan spoke to Posen, who is president of the Peterson Institute for International Economics, on June 9 about the short- and long-term effects of Trump's tariffs and the economic uncertainty they've caused, about what it would take to constructively remake the global economy, and about the growing risks to the United States' economic position at an especially dangerous time. You can find sources, transcripts, and more episodes of The Foreign Affairs Interview at https://www.foreignaffairs.com/podcasts/foreign-affairs-interview.
BUY GOLD HERE: https://firstnationalbullion.com/schedule-consult/ Avoid CBDCs and get prepared with Mark Gonzales! HELP SUPPORT US AS WE DOCUMENT HISTORY HERE: https://gogetfunding.com/help-keep-wam-alive/# GET NON-MRNA FREEZE DRIED MEAT HERE: https://wambeef.com/ Use code WAMBEEF to save 20%! GET HEIRLOOM SEEDS & NON GMO SURVIVAL FOOD HERE: https://heavensharvest.com/ USE Code WAM to save 5% plus free shipping! Josh Sigurdson talks with Mark Gonzales about the breaking news of Israel striking Iran just an hour after we reported Intel that Israel was about to strike. Tehran reported incoming missile attacks by Israel tonight as smoke can be seen billowing from the skyline. This manufactured crisis will lead to massive implications. Not just a potential world war but also devastation for the global economy as we've already seen Asian markets crater and a mysterious large buy up of gold hours before the strike. This was predictable but like the Iraq War, this could be the pin to the bubble as we are already in a debt crisis and now we could face an enormous rise in military spending on top of the already existing $1 trillion dollars defense budget that President Trump pushed through two months ago, the largest in history. Millions of lives could be lost by this insane scripted blunder as power shifts from the west to the east. Of course, Iran's top allies are Russia and China. This is a tragic result of central planners fixing a fight to bring in the latest technocratic emergency orders. Mark breaks down the effects on the economy while we break down the historical impact this news has. Get prepared now! Stay tuned for more from WAM! Get local, healthy, pasture raised meat delivered to your door here: https://wildpastures.com/promos/save-20-for-life/bonus15?oid=6&affid=321 USE THE LINK & get 20% off for life and $15 off your first box! SIGN UP FOR HOMESTEADING COURSES NOW: https://freedomfarmers.com/link/17150/ Get Prepared & Start The Move Towards Real Independence With Curtis Stone's Courses! GET YOUR WAV WATCH HERE: https://buy.wavwatch.com/WAM Use Code WAM to save $100 and purchase amazing healing frequency technology! GET ORGANIC CHAGA MUSHROOMS HERE: https://alaskachaga.com/wam Use code WAM to save money! See shop for a wide range of products! GET AMAZING MEAT STICKS HERE: https://4db671-1e.myshopify.com/discount/WAM?rfsn=8425577.918561&utm_source=refersion&utm_medium=affiliate&utm_campaign=8425577.918561 USE CODE WAM TO SAVE MONEY! GET YOUR FREEDOM KELLY KETTLE KIT HERE: https://patriotprepared.com/shop/freedom-kettle/ Use Code WAM and enjoy many solutions for the outdoors in the face of the impending reset! PayPal: ancientwonderstelevision@gmail.com FIND OUR CoinTree page here: https://cointr.ee/joshsigurdson JOIN US on SubscribeStar here: https://www.subscribestar.com/world-alternative-media For subscriber only content! Pledge here! Just a dollar a month can help us alive! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2025
Steve Forbes makes the case to abolish or at least substantially reform the Congressional Budget Office, calling out the agency's consistent patterns of error that have consistently misled policymakers and thrown a wet blanket on economy-boosting tax cuts.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Summary In this episode of the Develop This Podcast, host Dennis engages with Jared Smith and Dr. Bo Bernhard to discuss the concept of the fun economy, its impact on economic development, and the role of artificial intelligence in shaping future trends. They explore how the fun economy, which encompasses tourism, sports, and entertainment, is becoming a significant driver of global economic growth, especially with the rise of the middle class. The conversation also delves into the challenges faced by economic developers in uncertain times and the importance of leveraging unique regional assets. Finally, they reflect on the potential of AI to enhance economic development practices while acknowledging the need for ethical considerations. Takeaways The fun economy includes tourism, sports, and entertainment. 14% of the global economy is driven by the fun economy. The rise of the middle class is reshaping consumer behavior. Experiences contribute more to happiness than material possessions. Economic developers should focus on business certainty. AI can streamline economic development processes. Younger generations are more ethically aware and innovative. Las Vegas serves as a model for leveraging the fun economy. Public-private partnerships are crucial for economic growth. The future of economic development looks promising despite challenges.
361Firm Meetup and Briefing "U.S. Deficit Concerns & Russia's Wartime Economy" June 10, 2025Transcript: https://361.pub/transcriptjune102025Video: https://youtu.be/Hp7jX5tSCE8Podcasts: Apple https://lnkd.in/eRh8iztB and Spotify https://361.pub/spotifyThis 361Firm Meetup and Briefing on June 10, 2025, covered key economic and geopolitical issues. Stephen Burke discussed the US deficit, highlighting a proposal to boost productivity by 0.5% to raise GDP by 7% and reduce the deficit by 1.2% over a decade. Adam Blanco detailed Ukraine's strategic attacks on Russian airfields, noting the destruction of irreplaceable Soviet-era aircraft and the emergence of Ukraine's drone industry. The discussion also touched on the broader implications of these events, including potential shifts in global power dynamics and the need for strategic investment in defense and productivity. The meeting discussed the future of trade vocations, emphasizing their importance in education. Charles Beyrouthy highlighted the geopolitical implications of Russia and China's nuclear capabilities and the potential for coexistence. The conversation shifted to AI investment, noting a bubble and the need for infrastructure. Lucia Ordonez-Gamero and Anthony Gordon discussed AI's impact on jobs, with AI replacing entry-level roles. Khadija Mustafa predicted a potential AI market crash and emphasized the importance of small language models and machine learning. The discussion also touched on the ethical considerations of AI and the integration of AI with other technologies like quantum computing.SPEAKERS: Lucia Ordonez-Gamero, Keith McCall, Rob Ricciardelli, Lubna Dajani, Sameer Sirdeshpande, Jason Ma, Maher Nasri, Jack Wyant, Erica Lill, Depinder Grewal, Michael Hammer, Mark Sanor, Khadija Mustafa, Giovanni, Glenn, Chloe Sun, Tim Gallabrant, Karolina, Bruce, Kate Lawrence (Bloccelerate), Carl Pro, Anthony Gordon, Mark Mueller-Eberstein (ex-Microsoft, now investor), Adam Blanco, Bill Deuchler, Eyad Kishawi, Jeff Zawadsky, Stephen Burke, Charles Beyrouthy, Robin Blackstone, Detlef Schrempf, Rafiq Ahmed, and many others.SUMMARY KEYWORDS: US deficit, Russia war economy, Ukraine attacks, productivity improvements, immigration policy, military spending, AI advancements, global economy, national security, defense procurement, economic growth, social unrest, UBI, investment strategies, geopolitical issues., AI investment, trade vocations, supply chain, military operation, NATO expansion, economic warfare, AI bubble, job displacement, hard skills, soft skills, intellectual property, quantum computing, enterprise AI, global change, investment strategy. You can subscribe to various 361 events and content at https://361firm.com/subs. For reference: Web: www.361firm.com/homeOnboard as Investor: https://361.pub/shortdiagOnboard Deals 361: www.361firm.com/onbOnboard as Banker: www.361firm.com/bankersEvents: www.361firm.com/eventsContent: www.youtube.com/361firmWeekly Digests: www.361firm.com/digest
When Jamie Dimon warns that the U.S. bond market could "crack," it's time to listen. This week, we dive into America's mounting debt crisis, with U.S. debt now surpassing $34 trillion, deficits running at $2 trillion a year, and interest payments exceeding military spending. We unpack how Trump's tax cuts, tariffs, and spending splurges are pushing the system to breaking point, and why a bond market crack could trigger a global dollar crisis.Then we turn the lens to Ireland, where the economy is running too hot: clogged roads, soaring rents, and an influx of investment we can't absorb. Should Ireland slow down before the next global downturn forces us to? From bond yields to blocked-up Westland Row, this episode connects the big macro shifts to the everyday pressures you feel on your commute. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.
Time and again, we've examined how the challenges we face – poverty, inequality, environmental degradation, and more – are deeply intertwined. Understandably, it can start to feel pretty overwhelming. But here's the encouraging part: the solutions are just as interconnected. In this episode of Biophilic Solutions, we speak with Helena Norberg-Hodge, founder and director of Local Futures, a nonprofit dedicated to restoring ecological and social well-being by revitalizing local communities and economies. Helena envisions a world where food is grown by nearby farmers, money circulates within communities, local businesses thrive, and meaningful work is accessible to all.She argues that many of today's crises stem from an overly globalized economic system and that the path forward lies in a broad shift toward localization. Helena advocates for a more informed and intentional public that values local economies and deeper connections with nature. In our conversation, we explore the power of local food systems, the importance of community and ecological bonds, and the role vulnerability plays in healing. Drawing on lessons from indigenous cultures, Helena makes a compelling case for localization as a path toward greater social cohesion and environmental resilience.Show NotesAbout HelenaPlanet Local Summit | September 3-7 | LadakhLocal FuturesAncient Futures: Learning From Ladakh by Helena Norberg HodgeLocal Is Our Future: Steps to an Economics of Happiness by Helena Norberg HodgeTo Heal the Planet We Must First Heal Ourselves (Urth Magazine)Key Words: local, localism, economy, economics, local economy, community, indigenous community, indigenous wisdom, Local Futures, farmers market, global economy, globalism, capitalism, nature, nature based solutions, biophilia, biophilic design, Helena Norberg-HodgeBiophilic Solutions is available wherever you get podcasts. Please listen, follow, and give us a five-star review. Follow us on Instagram and LinkedIn and learn more on our website. #NatureHasTheAnswers
Group Chief Economist Neil Shearing unpacks the latest data to assess the impact of Donald Trump's tariffs, including signs that the effects of tariff front-running are now unwinding. He also discusses how businesses are navigating the ongoing uncertainty and why the Bank of England is trailing the ECB in cutting interest rates.Also on the show, Senior Economic Adviser Vicky Redwood explores what NATO's proposed push to raise defence spending to 5% of GDP could mean for economic growth, and the fiscal constraints that may stand in the way. Analysis and events referenced in this episode:Read: A European defence revolution?Read: Will defence spending turbocharge economic growth?Drop-In: India Outlook – Can the economy and markets continue to outperform through 2025?Drop-In: How the UK's economic backdrop is shaping its fiscal choicesCapital Economics Awards
Will AI displace more jobs than it creates? How can the U.S. win the AI race? How can AI benefits be evenly distributed across businesses and society?We explore these questions and more as Sriram Viswanathan sits down with Ronnie Chatterji, Chief Economist at OpenAI, for an in-depth exploration of AI's economic impact and policy implications. Ronnie brings a unique perspective, having served as an economic advisor in both the Obama and Biden administrations as a senior economist, supply chain advisor, and architect of the CHIPS Act.The conversation dives into the economic opportunities and challenges of AI adoption, from productivity gains and job market transformation to the critical need for workforce retraining and AI upskilling in schools. Ronnie also delves into America's competitive position in the global AI race, the critical need for infrastructure investment in order to continue scaling this emerging technology, and the lessons learned from implementing major industrial policy like the CHIPS Act.Links:Learn more about OpenAI's economic research and policy work - OpenAIRead OpenAI's Economic Blueprint for the US - OpenAI's Economic BlueprintExplore the CHIPS and Science Act - CHIPS.govRonnie Chatterji's academic work at Duke University - Duke Fuqua School of Business
Steve Forbes makes the case for privatizing Fannie Mae and Freddie Mac, a move that has just been proposed by President Trump.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump's unpredictable trade policy has undermined confidence and deepened uncertainty across the global economy this year. In this podcast, ING's James Knightley, Carsten Brzeski, and James Smith discuss the outlook for the US, eurozone and UK economies in this new, uncharted territory while Chris Turner looks at the implications for financial markets.
Steve Forbes warns the U.S. Senate to remove the "Revenge Tax," an onerous markets-focused levy that would end up as Section 899 of the Federal Tax Code, from the Big Beautiful Bill currently being considered.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
MRKT Matrix - Tuesday, June 3rd S&P 500 rises, led by Nvidia and chip stocks (CNBC) Trump Tariffs Are Hurting US and Global Economy, OECD Warns (Bloomberg) Wall Street Games Out How to Profit From Trump Tariff Flip-Flops (Bloomberg) Trump Presses Reluctant GOP Senators to Embrace House Tax Bill (Bloomberg) Meta to Buy Nuclear Power From Constellation as AI Demand Soars (Bloomberg) Wall Street Is Sounding the Alarm on U.S. Debt. This Time, It's Worth Listening (WSJ) ‘Big Short' investor Steve Eisman” Tariffs are my only concern (CNBC) Dollar's correlation with Treasury yields breaks down (Financial Times) China's New Trade Negotiator Is Ready to Play Hardball (WSJ) Walmart is supercharging revenue - but with fewer workers (Financial Times) Klarna takes on banks with debit card as it diversifies beyond buy now, pay later (CNBC) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs
Steve Forbes explains that the trade war could get even worse if President Trump invokes a barely-known section of the Smoot-Hawley Tariff Act, which might obviate even the toughest court decisions blocking his hardline tariffs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump's trade war, regulatory overhaul, and fiscal shake-up aim to rewire the U.S. and global economies. Can it work—or backfire? Economist Marco Annunziata, former Chief Economist at GE, joins host Alan Stoga to explore the promises and pitfalls of Trumponomics—and what it might mean for your job, savings, and future.
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/Germany. France. New Zealand. Singapore. ECB. Rising unemployment. Falling employment. Lowering interest rates. Technical recession. Historically low territory up next. There is almost no one left in the official world in the same thinking as the Fed as the world more clearly and completely tilts against "inflation."Eurodollar University's Money & Macro AnalysisWSJ Germany's Jobless Numbers Tick Higherhttps://www.wsj.com/economy/central-banking/germanys-jobless-numbers-tick-higher-27a99b18Le Monde France's great consumption slumphttps://www.lemonde.fr/en/economy/article/2024/10/10/france-s-great-consumption-slump_6728864_19.htmlBloomberg ECB Faces Greater Risk Inflation Will Undershoot 2%, Simkus Sayshttps://www.bloomberg.com/news/articles/2025-05-26/ecb-faces-greater-risk-inflation-will-undershoot-2-simkus-sayshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Russ Mould, Investment Director at AJ Bell
Steve Forbes explains why a new 3.5% levy on remittances in congressional Republicans' "Big Beautiful Bill" should be scrapped immediately—or we will see a sharp uptick in money laundering.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What if your retirement plan included a villa in Laos, a full-time staff, and a mission to give back all while dodging the economic chaos in the U.S.? In today's episode, Jack Russo calls up Robert Acker to unpack how he's turning his golden years into a blend of smart investing, international living, and grassroots philanthropy. They dig into the realities of managing assets across borders, navigating foreign tax laws, and protecting wealth from political shifts back home. This episode covers everything a future expat needs to think about, from U.S. dollar depreciation to the rise of China, from pool maintenance in Thailand to setting up charitable foundations in Laos. Robert doesn't hold back as he weighs the pros and cons of cashing out his American investments and moving them overseas. If you've ever wondered what it really takes to live well and do good abroad, this is the conversation you need to hear. Jack Russo Managing Partner Jrusso@computerlaw.com www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️
Steve Forbes explains how U.S. fecklessness could allow Vladimir Putin to pull off a victory in Ukraine—and warns that a successful act of aggression by Russia will only embolden China's expansionist aims.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes urges President Trump and his team to go back to following the Laffer Curve, economist Art Laffer's economic formula which fueled the American comeback of the 1980s and 1990s, in order to unleash today's economy and make a brighter future.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes explains how lawsuits against President Trump's tariffs will probably end up in the Supreme Court—and if modern history is instructive, the nation's highest court might end them sooner than anyone thinks.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes explains how the nearly catastrophic escalation in the conflict between India and Pakistan—thankfully averted due to a ceasefire engineered by the Trump Administration—demonstrates why the world is safer when the U.S. does not bend toward isolationism.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
After the U.S. and China announced a 90-day pause on tariffs, signaling a massive de-escalation of the trade wars, markets rallied. In this week's Bits + Bips, the panel covers the biggest macro and crypto forces in motion right now: Will US-China tariff reset reshape the global economy, or just kick the can down the road? America's ballooning deficit and why politicians are spending like it's wartime. Why some think ETH has a unique lane to outperform. How policymakers ignore the power of the crypto community at their own risk. Plus: Saylor copycats, Solana's risk-reward balance, and whether stagflation or recession is still in the cards. Sponsors: Bitwise Ram Ahluwalia, CFA, CEO and Founder of Lumida Steve Ehrlich, Executive editor at Unchained Guests: Peter Tchir, Head of Macro Strategy at Academy Securities Zach Pandl, Head of research at Grayscale POLITICO: Trump: The EU is ‘nastier than China' David Bailey and Bitcoin-Native Holding Company Nakamoto Announce Merger with KindlyMD® to Establish Bitcoin Treasury Unchained: Michael Saylor Copycats Rush to Win the Solana Rat Race. Can Lightning Strike Twice? Reuters: Brokerages Scale Back Recession Odds After U.S.-China Trade Truce White House: Joint Statement on U.S.-China Economic and Trade Meeting in Geneva McKinsey: Chinese Consumption Amid the New Reality CBS: U.S. Could Face Default by August if Congress Doesn't Address Debt Ceiling, Bessent Says Stablecoin bill drama Unchained: Why the Senate Stablecoin Bill Stalled & What It Means for Crypto Tether in the Clear? Yes, Under This New Republican-Led Senate Stablecoin Bill Stablecoin Bill Stalls in Senate as GOP Cries Foul Over Dem Resistance A House Hearing on Crypto? More Like a Big, Partisan Fight Timestamps:
As President Trump visits the Middle East, Steve Forbes urges his administration not to cool relations with Israel, and to green light an assault on all of Iran's nuclear facilities as soon as possible in order to bring about a more stable world.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
4pm: Surprise U.S.-China Trade Deal Gives Global Economy Reprieve // China has won the trade war with President Trump // Trump defends plan to use Qatari luxury jet for Air Force One // Trump Signs Executive Order Aimed at Lowering Drug Prices // Trump on his friend who takes Ozempic // Yes, People Fart More on Planes—Here’s Why // The Giants of Silicon Valley Are Having a Midlife Crisis Over AI // Billionaire investor Paul Tudor Jones on the AI threat to Humanity // Online opt-in polls can produce misleading results, especially for young people and Hispanic adults
Amid rising concerns about AI, inequality, trade wars, and globalization, New Yorker staff writer and Pulitzer Prize finalist John Cassidy takes a bold approach: he tells the story of capitalism through its most influential critics. From the Luddites and early communists to the Wages for Housework movement and modern degrowth advocates, Cassidy's global narrative features both iconic thinkers—Smith, Marx, Keynes—and lesser-known voices like Flora Tristan, J.C. Kumarappa, and Samir Amin. John Cassidy has been a staff writer at The New Yorker since 1995. He writes a regular column, The Financial Page. He holds degrees from Oxford, Columbia, and New York Universities. His new book is Capitalism and Its Critics: A History from the Industrial Revolution to AI.
We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors. This week, from 2021: Amid the complex web of international trade, proving the authenticity of a product can be near-impossible. But one company is taking the search to the atomic level By Samanth Subramanian. Read by Raj Ghatak. Help support our independent journalism at theguardian.com/longreadpod
Steve Forbes offers some much-needed advice to Federal Reserve Chair Jerome Powell and the Board of Governors to bring some stability to the U.S. economy, including issuing some bonds backed by gold and ditching a lavish revamp of its Washington headquarters.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
MSNBC's Ari Melber hosts "The Beat" on Tuesday, April 22, and reports on President Trump's escalating trade war, a court setback for Trump's immigration agenda and mounting pressure on Defense Secretary Pete Hegseth to resign. Adm. William McRaven, Maria Ressa and Justin Wolfers join.
President Trump's sweeping tariff policy has upended the global economy. Zanny Minton Beddoes, the editor-in-chief of The Economist, likens it to The Art of the Deal — on steroids.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy