Podcasts about Globalization

Jason stands ten toes down for sports fans. Today, he takes umbrage with Stephen A. Smith blaming the fans for the influx of Europeans into the NBA, referring to the “whitening” of the game. Jason comments on Stephen A. explaining Kevin Durant's rant about AAU and European basketball. Is Stephen A. leading blocking for NBA overlords? Dre Baldwin and Jay Skapinac join Jason to discuss Smith's comments; the fact that Luka Doncic and LeBron James simply don't blend; and whether Cameron Boozer is a better prospect than Darryn Peterson. Danny Kanell and Jason cover a full spectrum of football topics from he Rooney Rule to the best college quarterbacks of the 21st century. Kanell also explains why he would pass on Kansas star Darryn Peterson. ​​Today's Sponsors: Relief Factor If you're living with daily aches and pain, Relief Factor might be the real deal for you too. Try the 3-week QuickStart today! Visit https://ReliefFactor.com or call 800-4-RELIEF. ➢ Subscribe Jason's other channel https://www.youtube.com/@JasonWhitlockHarmony  https://www.youtube.com/@JasonWhitlockBYOG  ➢ Connect with Jason on Social Media:  https://x.com/WhitlockJason https://www.instagram.com/realjasonwhitlock/ https://www.facebook.com/jasonwhitlock ➢ Send Jason an Email FearlessBlazeShow@gmail.com ➢ Support The Blaze Visit https://TheBlaze.com. Explore the all-new ad-free experience and see for yourself how we're standing up against suppression and prioritizing independent journalism. Support Conservative Voices! Subscribe to BlazeTV at https://www.fearlessmission.com and get $20 off your yearly subscription. Learn more about your ad choices. Visit megaphone.fm/adchoices

If we want to understand why capitalism feels broken, do we need to stop looking at the economy and start looking at the legal code that underpins it? In our system, capital is often described as money, machinery, or raw materials. But Columbia Law School professor Katharina Pistor argues that capital is actually a legal invention. An asset, whether it's a plot of land, an idea, or a promise of future pay, only becomes capital when it is given the right legal coding.  Pistor suggests that lawyers are the true coders of capitalism. They use the law to "enclose" assets, from land to user data, giving owners the power to exclude others and monetize that value. She argues for injecting principles of "fairness and reciprocity" back into private law, ensuring that contracts aren't just tools for the powerful to extract value from the weak. Luigi Zingales suggests that large corporations have become so powerful we may need a new branch of "quasi-public law" to govern the asymmetry between an individual consumer and a corporate giant. This episode explores the deep, often invisible architecture of our economic system and asks whether we can ever truly tame corporate power without rewriting the rules of the game. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chicago-based financial services company CME Group is reportedly working on a plan to launch the world's first rare earth futures contract. Can the U.S. reshape pricing power without controlling production? What countermove may Beijing take? Will China's dominance in price-setting be diluted? And are we expecting a bifurcated system in the global mineral sector? Host Tu Yun joins Professor Andy Mok of Beijing Foreign Studies University, who's also a Senior Research Fellow at the Center for China and Globalization, Professor Warwick Powell, Adjunct Professor, Queensland University of Technology, Australia, and John Gong, Professor of Economics, at the University of International Business and Economics to unpack the high-stakes battle over minerals, markets, and geopolitical leverage.

“Black Orpheus” and the Globalization of Afro-Brazilian Culture (Rutgers UP, 2026) is the first historical study in English to examine the development, production, and reception of the 1958 film Black Orpheus and its legacy in the 1960s and 1970s. It focuses on the making of the film and the trajectories of the major actors and musicians who helped construct an image of Black Brazil and provides an analysis of the globalization of Afro-Brazilian images and music in France and the United States in the wake of the movie's success. Using archival sources, interviews, and the secondary literature from France, Brazil, and the United States, this book reveals information about the cultural histories of all three countries and gives readers new insight into the trajectories of diverse actors such as Breno Mello, Marpessa Dawn, and Léa Garcia and performers such as Agostinho dos Santos, Baden Powell, and Maria D'Apparecida. Darién J. Davis is a professor and the chair of Africana studies at Rutgers University–Newark. He is the author of four books, three edited volumes, and more than forty essays and articles in English, Spanish, and Portuguese. Reighan Gillam is Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press). 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

“Black Orpheus” and the Globalization of Afro-Brazilian Culture (Rutgers UP, 2026) is the first historical study in English to examine the development, production, and reception of the 1958 film Black Orpheus and its legacy in the 1960s and 1970s. It focuses on the making of the film and the trajectories of the major actors and musicians who helped construct an image of Black Brazil and provides an analysis of the globalization of Afro-Brazilian images and music in France and the United States in the wake of the movie's success. Using archival sources, interviews, and the secondary literature from France, Brazil, and the United States, this book reveals information about the cultural histories of all three countries and gives readers new insight into the trajectories of diverse actors such as Breno Mello, Marpessa Dawn, and Léa Garcia and performers such as Agostinho dos Santos, Baden Powell, and Maria D'Apparecida. Darién J. Davis is a professor and the chair of Africana studies at Rutgers University–Newark. He is the author of four books, three edited volumes, and more than forty essays and articles in English, Spanish, and Portuguese. Reighan Gillam is Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/latin-american-studies

“Black Orpheus” and the Globalization of Afro-Brazilian Culture (Rutgers UP, 2026) is the first historical study in English to examine the development, production, and reception of the 1958 film Black Orpheus and its legacy in the 1960s and 1970s. It focuses on the making of the film and the trajectories of the major actors and musicians who helped construct an image of Black Brazil and provides an analysis of the globalization of Afro-Brazilian images and music in France and the United States in the wake of the movie's success. Using archival sources, interviews, and the secondary literature from France, Brazil, and the United States, this book reveals information about the cultural histories of all three countries and gives readers new insight into the trajectories of diverse actors such as Breno Mello, Marpessa Dawn, and Léa Garcia and performers such as Agostinho dos Santos, Baden Powell, and Maria D'Apparecida. Darién J. Davis is a professor and the chair of Africana studies at Rutgers University–Newark. He is the author of four books, three edited volumes, and more than forty essays and articles in English, Spanish, and Portuguese. Reighan Gillam is Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/caribbean-studies

“Black Orpheus” and the Globalization of Afro-Brazilian Culture (Rutgers UP, 2026) is the first historical study in English to examine the development, production, and reception of the 1958 film Black Orpheus and its legacy in the 1960s and 1970s. It focuses on the making of the film and the trajectories of the major actors and musicians who helped construct an image of Black Brazil and provides an analysis of the globalization of Afro-Brazilian images and music in France and the United States in the wake of the movie's success. Using archival sources, interviews, and the secondary literature from France, Brazil, and the United States, this book reveals information about the cultural histories of all three countries and gives readers new insight into the trajectories of diverse actors such as Breno Mello, Marpessa Dawn, and Léa Garcia and performers such as Agostinho dos Santos, Baden Powell, and Maria D'Apparecida. Darién J. Davis is a professor and the chair of Africana studies at Rutgers University–Newark. He is the author of four books, three edited volumes, and more than forty essays and articles in English, Spanish, and Portuguese. Reighan Gillam is Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/film

“Black Orpheus” and the Globalization of Afro-Brazilian Culture (Rutgers UP, 2026) is the first historical study in English to examine the development, production, and reception of the 1958 film Black Orpheus and its legacy in the 1960s and 1970s. It focuses on the making of the film and the trajectories of the major actors and musicians who helped construct an image of Black Brazil and provides an analysis of the globalization of Afro-Brazilian images and music in France and the United States in the wake of the movie's success. Using archival sources, interviews, and the secondary literature from France, Brazil, and the United States, this book reveals information about the cultural histories of all three countries and gives readers new insight into the trajectories of diverse actors such as Breno Mello, Marpessa Dawn, and Léa Garcia and performers such as Agostinho dos Santos, Baden Powell, and Maria D'Apparecida. Darién J. Davis is a professor and the chair of Africana studies at Rutgers University–Newark. He is the author of four books, three edited volumes, and more than forty essays and articles in English, Spanish, and Portuguese. Reighan Gillam is Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/anthropology

Why curiosity is the best way to start a conversation.No matter how wide political, cultural, and generational divides seem to grow, Fareed Zakaria is convinced: communication has the power to connect.Zakaria is the host of CNN's Fareed Zakaria GPS, a Washington Post columnist, and author of Age of Revolutions, a book about the seismic societal shifts that define modern history. In his decades of translating complex geopolitical issues for broad audiences, he's found the key to navigating change and conflict. “The most important thing is being genuinely curious,” he says, “genuinely believing that everybody has a story to tell. Everybody has something to teach you. Everybody has a lesson you can learn.”In this episode of Think Fast, Talk Smart, Zakaria and host Matt Abrahams explore how curiosity opens the door to conversation. Whether we're communicating across ideological divides or bridging gaps between our past, present, and future, Zakaria shows why maintaining connection starts with a willingness to learn.Episode Reference Links:Fareed ZakariaFareed's Book: Age of Revolutions Ep.161 Do Your Homework: Know What to Say by Knowing Who You're Talking To Connect:Premium Signup >>>> Think Fast Talk Smart PremiumEmail Questions & Feedback >>> hello@fastersmarter.ioEpisode Transcripts >>> Think Fast Talk Smart WebsiteNewsletter Signup + English Language Learning >>> FasterSmarter.ioThink Fast Talk Smart >>> LinkedIn, Instagram, YouTubeMatt Abrahams >>> LinkedInChapters:(00:00) - Introduction (02:27) - The “Age of Revolutions” (04:33) - Do Facts Still Matter? (06:04) - How To Persuade (08:08) - On-Camera Communication (10:36) - Making Radical Ideas Mainstream (12:05) - When To Change Your Mind (13:32) - Helping Adolescents Communicate (19:15) - The Final Three Questions (23:02) - Conclusion  ********Thank you to our sponsors.  These partnerships support the ongoing production of the podcast, allowing us to bring it to you at no cost.Strawberry.me. Get 50% off your first coaching session today at Strawberry.me/smartJoin our Think Fast Talk Smart Learning Community and become the communicator you want to be. 

We are calling February African History Month in America instead of Black History Month, because African Americans are not Black they are of African Heritage or Africans. We prefer African History instead of Black History because the term black is part of philosophy that drives a particular perspective about people of Africa. They say "nothing black is good; African Americans are Black; Therefore African Americans are Black and therefore not good" So to drive a different perspective and to inculcate the pride of African American we do not do injustice to the people of Africa who live in America and say African People in America.In today's Episode we reflect on this and our history that is largely bastardized and forgotten. We are re-sharing an episode we did in April 2022 where Renaldo Mckenzie interviewed the Shekhems at the Ausar Asset Society in Germantoen Philadelphia discussing Kamit and Kamitic Spirituality, and African spirituality that has marked the peoples of Africa that we have forgotten.The episode is powerful. It was originally published on April 2022. Renaldo provides an introduction then reshares the episode.Share this show with your friends and remember to subscribe. Visit us at The Neoliberal Corporation https://theneoliberal.com or https://renaldocmckenzie.comGet a copy of Renaldo's book, Neoliberalism, Globalization, Income Inequality Poverty and Resistance (Neoliberalism) at https://store.theneoliberal.com or any major store online.Subscribe on any stream. Find your stream at https://anchor.fm/theneoliberal. Donate to us at $renaldomckenzie or by visiting thneoliberal.com and clicking on support.Email us at info@theneoliberal.comFollow Renaldo on Twitter at renaldomckenzie or The Neoliberal at Theneoliberalco.Follow on Facebook at renaldocmckenzie or The neoliberal Corporation (The Neoliberal)Call us 445-260-9198.

The American think tank Council on Foreign Relations has ranked the ten best and worst decisions in U.S. foreign policy history. Now, as Washington grows more skeptical of multilateralism, reassesses alliances more transactionally, and returns to tariffs and sanctions, history feels closer than ever. What lessons—and what warnings—does America's diplomatic past hold for today? Host Ge Anna is joined by Zoon Ahmed Khan, Research Fellow at the Center for China and Globalization; Josef Mahoney, Professor of Politics and International Relations at East China Normal University; and Dr. Liu Kuangyu, Researcher at the Institute of Taiwan Studies, Chinese Academy of Social Sciences.

Today's guest predicted -- years in advance -- the shift away from globalization towards nationalism by the world's major countries.With nationalist leaders rising to power over recent years, and the US officially declaring at Davos last month that "globalization has failed", what does he see coming next?To find out, let's ask the man himself.We're very fortunate to sit down again today with Michael Every, global strategist at Rabobank.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.comFollow Michael at https://www.rabobank.com/knowledgeOr on X at @TheMichaelEvery#mercantilism #globalization #geopolitics _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.

Dona and I have Kimmie to the show to talk animal communication, tease about her coming back to tell us about mythical creature energy in all of us, and much more! Thank you, Kimmie.This is a video podcast on Spotify and YouTube.Want to know more about Kimmie?Kimmie Haliburda is a psychic intuitive, medium, animal communicator, and energy healing practitioner in Knoxville, TN. In addition to offering various types of readings, including Akashic Records, she holds classes on candle magic, animal communication, as well as how to expand your own psychic abilities. Kimmie has been involved in animal rescue for over 17 years, and enjoys fostering special needs dogs. She also holds a Master's in sociology with a concentration in Political Economy and Globalization from the University of Tennessee, Knoxville, and understands the importance of not appropriating cultural practices. You can book remote or in-person services with Kimmie through her website at kimmiehaliburdapsychic.com.Facebook:https://www.facebook.com/KimmieHaliburdaPsychic/Website: https://www.kimmiehaliburdapsychic.com/

Cato's Scott Lincicome sits down with Washington Post editorial writer Dominic Pino to explore what professional sports reveal about trade, immigration, and competition. From a talent-filled, globe-spanning World Series to the NHL's influx of Soviet and Russian players, they show how “imports” raise quality, delight consumers, and expose the contradictions in protectionist thinking. Hosted on Acast. See acast.com/privacy for more information.

The 2026 Milano-Cortina Winter Games are currently underway, and attention is turning to how winter sports and tourism are reshaping economies around the world. What is driving China's winter tourism boom, and how much room is there for future growth? In this episode of The Hub, Wang Guan explores the rise of China's winter economy. He is joined by Kari Tirkkonen, CEO of Suomutunturi Ski Resort from Finland, Andy Mok, senior research fellow at the Center for China and Globalization, and Paul Dong, co-founder of Ei Asia Limited and a sports industry observer. They examine how China is transforming its winter resources into a powerful economic engine. They discuss the surge in domestic travel, the expansion of winter tourism beyond traditional destinations, and the growing role of culture, leisure, and lifestyle consumption.

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We are joined by William I. Robinson for a conversation on the global implications of the recent US attack on Venezuela. The discussion will place this and other acts of US aggression within the broader crisis of world capitalism, the breakdown of the post-WWII international world order, and the emergence of a global police state. Prof. Robinson's area of study is in macro and comparative sociology, globalization and transnationalism, political economy, political sociology, development and social change, immigration, Latin America and the Third World, class and capitalism. He attempts to link his academic work to struggles in the United States and around the world for social justice. Among the undergraduate classes he teaches are: Globalization and Resistance, Sociology of Globalization, Global Inequalities, Development and Social Change in Latin America, and Twentieth-Century Revolutions in Theory and Practice. His publications and professional activities are discussed on his web page:http://robinson.faculty.soc.ucsb.edu/ Link to the article from the discussion:https://nacla.org/global-meaning-us-attack-venezuela/ For donations, membership inquiries and educational courses please visit: http://www.ClassUnity.org

Voluntary Multipolar Globalization vs. Tyrannical Unipolar Globalization _1 by Ron Paul Liberty Report

This show has been flagged as Clean by the host. In our next look at the game mechanics for Civilization V we examine several related topics: Diplomacy, Spies, and Religious Pressure. They are all ways to interact with other players without the force of arms being involved. And we will discuss the Diplomatic Victory, which is a new victory type added in Civilization V and can be fun to play. Playing Civilization V, Part 8 - Diplomacy Other Players With other players you have a relationship based on their approach to you. They are: Neutral – This is not Friendly nor is it Hostile. Trades you make with them will be fair from their point of view Friendly – They like you, and will accept requests from you more often. Trades will be slightly in your favor from their point of view. Afraid – This only happens if you have a a very substantial advantage in strength, so this is rare. They will readily accept requests from you, and trades will be in your favor Guarded – They are suspicious and defensive, and will be more likely to be unfriendly. Trades will be harder to achieve, and favor them rather than you. Deceptive – They will pretend to be friendly, but they are plotting against you. They may bribe other players to declare war on you. They will not accept requests for help, and trades will be hard to achieve. Hostile – They hate you, and are completely open about it. Trade deals, if you can get them, will be heavily against you. War – This means they have decided to go to war with you. But they need the right conditions, so they may pretend to be Friendly, Neutral, Guarded, or Hostile while they wait for those conditions to mature. These are not set in stone, as you can modify how the other player feels towards you by your actions. If you have friends in common that will improve your relationship, or if you have enemies in common. Agreeing to their requests will also improve things. But if you cannot agree, just say so. The worst negative modifier is when you agree to do something, and then do the opposite. Saying no is also negative, but not as bad. Finally, remember that negatives will erode over time if they are not reinforced. If you want a very detailed look at the mechanics and details of this, check out https://civ-5-cbp.fandom.com/wiki/Detailed_Guide_to_Diplomacy. City-States City-States are also important diplomatic partners. We'll cover all of the benefits in a different section, but here I want to focus on how they enable the Diplomatic Victory. At a certain point the United Nations will be born out of the World Congress, and when this happens a Diplomatic Victory is possible. This will occur when any player reaches the Information Era, or whenever half of the players have reached the Atomic Era. Diplomatic Victory requires that you get the votes of a certain number of delegates to the United Nations. Each player gets delegates based on their population, and there are also some additional delegates you can earn, such as through building the World Wonder Forbidden Palace which gives you two additional delegates. Anyone planning for a Diplomatic Victory should consider building this Wonder as mandatory. But each City-State gets one delegate, and if you are allied with them their delegate is yours. The mechanics of City-State relationships is that they love gifts, and cash is always the best. So anyone planning a Diplomatic Victory would be well-advised to focus on building a large Treasury. You will know when a World Leader vote is coming up in the United Nations, and can make cash drops on any City-States that are not already allied with you before the vote. But watch out that another player doesn't do the same thing after you and snipe away some of your allies. Also, you can place your spies in City-States to rig elections, and that is another way to get them to ally with you. Spies and Espionage Spies are simply awarded to you whenever any player enters the Renaissance Era. After that you receive another spy each time to advance to another Era. So you can in general have as many as 5 Spies, but if you build the National Intelligence Agency you get one more. This is a National Wonder, and should be a mandatory build if you are going for a Diplomacy victory. And England starts with 1 extra Spy, so if you play as England you could get as many as 7 Spies. Spies can be used for offense or defense. If you station one of your spies in one of your cities it can operate as a counter-spy, and may thwart or even kill an enemy spy. If you are well ahead in technology, that might be a good use, since other players will be trying to steal your tech. But if you are behind, you might want to use your spies to steal tech from other players. You may be successful in this, but the theft does not go unnoticed, and other player may use one of his spies to counter your operation. If you spy is killed, you will get another one in 3-5 turns, but if your spy was a high-rank spy with promotions, that is a serious loss, so you may want to move that spy elsewhere for a while. Diplomats When you assign a spy to the capital of another player you can designate them as a Diplomat. They will take a few turns (depends on game speed, but around 6 turns on normal speeds) to get set up. This is called “Making Introductions”, but the point is that if you need an effective diplomat, don't wait until the last minute. Diplomats can be useful in several ways. Early on, they allow you to trade votes in the World Congress. And they will bring you intelligence about intrigues, and you can then share that with other players. And it can also give you a view of the other player's City Screen. Once you have researched Globalization your Diplomats can help with a Diplomatic Victory because each one counts as one additional vote in the United Nations for World Leader. You can change a spy into a Diplomat and vice versa just by moving the Spy/Diplomat from its current location to another location, which will trigger the ability to change the job assignment. This means that when you first get Spies, and they cannot yet be used to get additional Delegate votes as Diplomats, you can assign them to City-States, where they can help you get alliances. Then as you start to research Globalization, move them to the capitals of other players and turn them into Diplomats. This of course assumes you want to win a Diplomatic victory. If instead you are going for a Science victory and are ahead in Science, it is probably best to station them in your own cities to do counter-intelligence work. If you are ahead in Science, other players will be trying to steal tech from you. Religious Pressure If you have researched all of the Piety Social Policy Tree, you will have option to choose a Reformation Belief to add to your religion. One of these, Underground Sect, allows your spies to exert religious pressure against the city they have been sent to. However, this effect is fairly small. If there is not a Follower of your religion in the city, it seems to do nothing. But in combination it can flip cities to your religion. Start by sending in a Missionary to spread your religion, then your spy can add to that. And you should also combine that with a trade route to add additional religious pressure. And by gradually moving your spies, missionaries, and trade routes from city to city, you can make your religion dominant in a region. Diplomatic Victory This can be a fun way to win, and I have done it. If you want to get a leg up, start with a Civ that gives you advantages, such as Greece or Venice (although my last diplomatic Victory was achieved with Ethiopia, which is generally regarded as a military/domination Civ. You can win any victory type with any civ, and it can be fun to “play against type”). Greece gets an advantage from relations with City-States, which are key to a Diplomatic Victory because each one gets a vote for World Leader. And Venice is interesting because you cannot build settlers. But you can use cash to puppet City-States, and you can purchase units in puppeted City-States as well. Cash is king in the Venice strategy, and you will want to get as many Trade Routes as possible. The first two should send Food to Venice to help boost your population. Since you will only ever have one city as Venice you will want to max it out. All trade routes after that should focus on cash. Use your cash to purchase or upgrade military units, and employ a defensive strategy. You want enough military to deter any aggression against you, but you should avoid making any hostile moves against others if possible. Remember, this is a strategy for a Diplomatic Victory. If you want to go to war, don't choose Venice. Instead choose one of the Domination Civs, like the Zulus or the Mongols. Links: https://civ-5-cbp.fandom.com/wiki/Detailed_Guide_to_Diplomacy https://www.palain.com/gaming/civilization-v/playing-civilization-v-part-8/ Provide feedback on this episode.

Sleek, flush, futuristic--hidden door handles once symbolized the EV era. Now, they're being flagged as safety risks. China is set to ban them, becoming the first country in the world to do so. What triggered the move? How will it affect automakers? Will the impact stop at car design, or ripple into global standards? Host Tu Yun is joined by Professor Yan Liang, Professor of Economics, Willamette University, the United States, Professor Andy Mok of Beijing Foreign Studies University, who's also a Senior Research Fellow at the Center for China and Globalization, and Professor Warwick Powell, Adjunct Professor, Queensland University of Technology, Australia for a chat.

This is a Vintage episode from 2005.Why This Episode MattersHow globalization began reshaping wine style, taste, and production in the early 2000sWhy market pressure and critical consensus can lead to homogenized winesThe tension between wines made for place versus wines made for approvalWhat is lost when tradition and restraint give way to international samenessA timeless argument for authenticity, terroir, and consumer responsibilityThe BanterMark Pascal and Francis Schott open the show reflecting on recent dining experiences and a private screening of Mondo Vino as a lens into the changing wine world.The ConversationNeal Rosenthal, one of America's most influential wine importers, joins Mark and Francis to examine the impact of globalization on the wine industry. The conversation explores how powerful markets and critics shape production decisions, often at the expense of regional character. Rosenthal celebrates wines that express place, and challenges consumers to protect them.Timestamps02:13 – Mondo Vino and the globalization debate11:01 – Globalization's impact on wine style14:00 – Consumer responsibility in the wine market15:44 – The homogenization of wine21:22 – Sustainable agriculture and authenticity28:40 – Ageability and identifying quality wines35:54 – Wrap-upBioNeal Rosenthal is an American wine importer and founder of Neal Rosenthal Selections, known for championing small, family-run producers and wines that express terroir.InfoNeal's company www.rosenthalwinemerchant.com/Mondovino (2004) on Tubihttps://tubitv.com/movies/506270/mondovino?start=true&tracking=google-feed&utm_source=google-feedThursday, February 5  Michter's Whiskey Tastinghttp://stageleft.com/event/2-5-26-michters-whiskey-tasting/Wednesday, February 25 Martinelli Wine Dinner https://www.stageleft.com/event/22526-wine-dinner-w-george-martinelli-of-martinelli-winery/ Become a Restaurant Guys' Regular!https://www.buzzsprout.com/2401692/subscribeMagyar Bankhttps://www.magbank.com/Withum Accounting https://www.withum.com/restaurantOur Places Stage Left Steakhttps://www.stageleft.com/ Catherine Lombardi Restauranthttps://www.catherinelombardi.com/ Stage Left Wineshophttps://www.stageleftwineshop.com/ To hear more about food, wine and the finer things in life:https://www.instagram.com/restaurantguyspodcast/https://www.facebook.com/restaurantguysReach Out to The Guys!TheGuys@restaurantguyspodcast.com**Become a Restaurant Guys Regular and get two bonus episodes per month, bonus content and Regulars Only events.**Click Below!https://www.buzzsprout.com/2401692/subscribe

Live from the Ondo Summit in NYC, Stocktwits CEO Howard Lindzon joins Jennifer Sanasie for a special Markets Outlook to break down the rise of the Degenerate Economy, where 24/7 speculation has replaced traditional entertainment. As AI and LLMs commoditize Wall Street research, Lindzon highlights how social sentiment has become the last remaining edge for the modern trader. This shift is central to his Social Relative Strength framework for spotting overlooked assets, a strategy he uses to explain why the retail crowd is currently front-running a debasement trade in gold and silver, even ahead of bitcoin. - Timecodes: 0:54 - Defining the Degenerate Economy in 2026 2:45 - The Evolution of StockTwits and Social Trading 3:30 - The Impact of AI on Research and Trading 6:38 - The shift from Globalization to Deglobalization 9:13 - AI Agents and the Future of Retail Trading - This episode was hosted by Jennifer Sanasie and Andy Baehr.

Live from the Ondo Summit in NYC, Stocktwits CEO Howard Lindzon joins Jennifer Sanasie for a special Markets Outlook to break down the rise of the Degenerate Economy, where 24/7 speculation has replaced traditional entertainment. As AI and LLMs commoditize Wall Street research, Lindzon highlights how social sentiment has become the last remaining edge for the modern trader. This shift is central to his Social Relative Strength framework for spotting overlooked assets, a strategy he uses to explain why the retail crowd is currently front-running a debasement trade in gold and silver, even ahead of bitcoin. - Timecodes: 0:54 - Defining the Degenerate Economy in 2026 2:45 - The Evolution of StockTwits and Social Trading 3:30 - The Impact of AI on Research and Trading 6:38 - The shift from Globalization to Deglobalization 9:13 - AI Agents and the Future of Retail Trading - This episode was hosted by Jennifer Sanasie and Andy Baehr.

The Caribbean is a paradise, but for who... the locals or tourists? In this episode Renaldo McKenzie discusses the question raised in Chapter 11: Cinema and Neoliberal Globalization: Can Cinematic film be an effective tool in creating change in light of neoliberal Globalization, probably the answers lies in film. Page 262 in the book "Neoliberalism, Globalization, Income Inequality, Poverty and Resistance" is where he begins by saying one of man's basic drives is the pursuit and discovery of truth... Renaldo discusses this with students in a Caribbean Thought class, a course he teaches at Jamaica Theological Seminary via the zoom platform. Rev. Renaldo McKenzie uses the film "Life and Debt"by Stephanie Black based on a book about St. Antigua entitles "A Small Place" by Jamaica Kincaid to explore the concept that he highlights and espouse in his book which also inspired the study he undertook at the University of Pennsylvania between 2010 and 2013. Prof. Renaldo highlights the uniqueness of documentary films which are almost anthropological. The book is available in various formats: Audible, Hardback and Paperback at Amazon, Barnes and Noble Walmart and at The Neoliberal Store and our IngramSpark partners.Check out my #books "Neoliberalism, Globalization, Income Inequality, Poverty And Resistance": #Neoliberalism Written by #RenaldoMcKenzie Available in Paperback: https://shop.ingramspark.com/b/084?params=63KgyNK5lXctb5ySudh5FFtuQ63V0WvEJVeHDvOhN4M Available in Hardback: https://shop.ingramspark.com/b/084?gJwW8cSq7SZsl6qT8BrXTrFGcnfliuTQX0dRyNyKtdA Available via the Audible https://audible.com/pd/B099LFCD79/?source_code=AUDFPWS0223189MWT-BK-ACX0-267926&ref=acx_bty_BK_ACX0_267926_rh_usRenaldo is a graduate of University of Pennsylvania and is currently Georgetown University and is a Professor Jamaica Theological Seminary and President of The Neoliberal Corporation in #Philadelphia, Creator of The Neoliberal Round Podcast on Spotify for Creators, Spotify or any stream and The Neoliberal Round YouTube Channel. Visit us at https:/theneoliberal.com or https://renaldocmckenzie.com.Email us at info@theneoliberal.comDonate to us at $renaldomckenzie or via the Stripe Link:https://donate.stripe.com/7sYcN48uybAA2OEb9V93y06

Steve Davies discusses the major themes of his new book ‘The Great Realignment: Why the New Right Wing Politics is Here to Stay,' which analyzes the political upheaval since the mid-2000s. He explains how traditional left vs. right economic issues have been replaced by a new alignment based on nationalism vs. cosmopolitanism, driven by deep structural changes in the global economy and political landscape. Davies also touches on topics like digital IDs, the future of climate change policies, open borders, and the impact of emerging geopolitical shifts.00:00 Introduction to Steve Davies and His New Book01:32 The Great Realignment: Political Upheaval Explained03:17 The Collapse of Traditional Major Parties04:54 The Permanent Nature of New Right Politics05:35 Understanding Political Realignment09:40 The Shift from Economics to Globalization vs. Cosmopolitanism15:48 Material Causes Behind Political Changes16:44 Impact of Global Investment and Migration19:46 The Role of Meritocracy and Cultural Splits21:39 Climate Change in the New Political Divide27:09 Alternative Solutions to Global Problems29:41 The Future of the United Nations31:08 Global Power Shifts and the Decline of the UN33:49 The Looming Debt Crisis34:59 The Impact of Aging Populations on National Budgets37:12 Potential Solutions to the Debt Problem38:07 The Future of the US Dollar and Global Finance40:21 Public Spending and Corruption42:39 The Threat of Digital Dystopia47:14 Open Borders and Immigration Policies58:48 Final Thoughts on Future Political Landscapeshttps://x.com/SteveDavies365========Slides, summaries, references, and transcripts of my podcasts: https://tomn.substack.com/p/podcast-summariesMy Linktree: https://linktr.ee/tomanelson1

In this episode, my good friend Michael Novogratz and I break down why the global monetary order is under real stress, from a weakening dollar and exploding gold prices to the deeper political and social consequences of currencies losing trust. Drawing on my trip to the World Economic Forum in Davos, history, and current markets, we explain why this moment matters for everyone — not just investors — and what happens when money stops being a reliable store of value. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: ⁠https://x.com/Scaramucci⁠ Follow Novo on X: ⁠https://x.com/novogratz⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our Global Head of Thematic and Sustainability Research Stephen Byrd discusses Morgan Stanley's key investment themes for this year and how they're influencing markets and economies.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Stephen Byrd, Morgan Stanley's Global Head of Thematic and Sustainability Research. Today – the four key themes that will define markets and economies in 2026. It's Monday, January 26th, at 10am in New York. If you're feeling overwhelmed by all the market noise and constant swings, you're not alone. One of the biggest hurdles for investors today is really figuring out how to tune out the short-term ups and downs and focus on the bigger trends that are truly changing the world. At Morgan Stanley Research, thematic analysis has long been central to how we think about markets, especially in periods of extreme volatility. A thematic lens helps us step back from the noise and really focus on the structural forces reshaping economies, industries, and societies. And that perspective has delivered results. In 2025, on average, our thematic stock categories outperformed the MSCI World Index by 16 percent and the S&P 500 by 27 percent. And this really reinforces our view that long-term themes can be powerful drivers of alpha. For 2026, our framework is built around four key themes: AI and Tech Diffusion, The Future of Energy, The Multipolar World, and Societal Shifts. Now three of these themes carry forward from last year, but each has evolved meaningfully – and one of our themes represents a major expansion on our prior work. First, the AI and Tech Diffusion theme remains central, but has clearly matured and evolved. In 2025, the focus was on rapid capability gains. In 2026, the emphasis shifts to non-linear improvement and the growing gap between AI capabilities and real-world adoption. A critical evolution is our view that compute demand is likely to exceed supply meaningfully, even as software and hardware become more efficient. As AI use cases multiply and grow more complex, the infrastructure – especially computing power – emerges as a defining constraint. Next is The Future of Energy, which has taken on new urgency. Energy demand in developed markets, long assumed to be flat, is now inflecting upwards. And this is driven largely by AI infrastructure and data centers. Compared with 2025, this theme has expanded from a supply conversation into one focused on policy. Rising energy costs are becoming increasingly visible to consumers, elevating a concept we call the ‘politics of energy.' Policymakers are under pressure to prioritize low-cost, reliable energy, even when trade-offs exist, and new strategies are emerging to secure power without destabilizing grids or increasing household bills. Our third theme, The Multipolar World, also builds on last year but with sharper edges. Globalization continues to fragment as countries prioritize security, resilience, and national self-sufficiency. Since 2025, competition has become more clearly defined by access to critical inputs – such as energy, materials, defense capabilities, and advanced technology. Notably, the top-performing thematic categories in 2025 were driven by Multipolar World dynamics, underscoring how geopolitical and industrial shifts are translating directly into market outcomes. Now the biggest evolution comes with our fourth key theme – which we call Societal Shifts – and this expands on our prior work on Longevity. This new framework captures a wider range of forces shaping societies globally: AI-driven labor disruption and evolution, aging populations, changing consumer preferences, the K-economy, the push for healthy longevity, and challenging demographics across many regions. These shifts increasingly influence government policy, corporate strategy, and economic growth – and their impact spans far more industries than investors often expect. Now crucially these themes don't operate in isolation. AI accelerates energy demand. Energy costs shape politics. Politics influence supply chains and national priorities. And all of this feeds directly into societal outcomes: from employment to consumption patterns. The power of thematic investing lies in understanding these intersections, where multiple forces reinforce one another in underappreciated ways. So to sum it up, the most important investment questions for 2026 aren't just about growth rates. They're about structure. Understanding how technology, energy, geopolitics, and society evolve together may be the clearest way to see where opportunity, and risk, are truly heading. 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.

In this episode, the brothers discuss warn about the latest winter storm, they discuss the most recent shooting in Minnesota, and the complexities of law enforcement accountability. They delve into the political landscape, emphasizing the importance of voter responsibility, the ideological civil war in America, and the implications of globalization after the world economic forum in Davos. The conversation also touches on cultural expectations as Buff asks are men forgiven quicker than women. The close reflect on the urine in the dating pool and the challenges faced by today's youth. Finally concluding with thoughts on the need for awareness and action in these turbulent times.Chapters00:00 Winter Storm Woes and Community Safety02:25 Reflections on Recent Shootings and Political Hypocrisy05:13 Law Enforcement Accountability and Racial Dynamics07:51 Political Landscape and the Importance of Voting10:56 The Ideological Civil War and National Guard Concerns13:38 Globalization, Nationalism, and Trump's Influence16:14 Cultural Conversations: Gender and Forgiveness30:20 Accountability in Relationships33:07 Gender Dynamics in Cheating36:33 Societal Expectations and Forgiveness40:01 Navigating Relationships and Healing43:42 Changing Relationship Goals46:50 The Impact of Social Media on Relationships49:18 Youth and Unrealistic Expectations52:26 The Importance of Communication with Kids56:06 Rethinking Our Role in Social Issues

In the new year, leaders of nations in Asia, Europe and North America have traveled to China to discuss reinforcing bilateral ties and expanding pragmatic cooperation, and countries such as Finland have confirmed or planned visits to China by their leaders in the near future.Observers said one major reason behind the visits is that Beijing projects great predictability and consistency in its domestic and foreign policy, signaling tangible and continued mutual benefit in a world plagued by soaring geopolitical tensions, unilateralism and hegemony.The next guest will be Finnish Prime Minister Petteri Orpo, who is scheduled to make a four-day official visit to China starting on Sunday.The first head of state and the first foreign minister that Beijing received in 2026 both came from neighboring countries — Republic of Korea President Lee Jae-myung and Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar.After President Xi Jinping's meeting with Lee on Jan 5, the two heads of state jointly witnessed the signing of 15 cooperation documents covering fields including scientific and technological innovation, the environment, transportation and trade.The official visit by Taoiseach of Ireland Micheal Martin, from Jan 4-8, was the first by an Irish prime minister in 14 years, giving fresh momentum to both bilateral and China-EU ties.Last week, Canadian Prime Minister Mark Carney made an official visit to China, and the two sides issued a joint statement of the China-Canada leaders' meeting, vowing to advance outcomes in areas including trade, energy, public security, culture and multilateralism.As reported by the Canadian newspaper Toronto Sun, Melanie Joly, Canada's industry minister, told reporters in Beijing that "the conversations here have been more predictable and stable than sometimes with other countries, including our neighbor".Recently, media outlets in Britain and Germany have reported that British Prime Minister Keir Starmer and German Chancellor Friedrich Merz may visit China later this year.The visits to China have helped nations, and will help more countries, improve their perception of China and rediscover the vast potential of the Chinese market, experts said.Vice-Foreign Minister Sun Weidong told a symposium on Monday that this year marks the first year of China's 15th Five-Year Plan (2026-30) period and that China "will further step up its high-level opening-up".Wang Huiyao, president of the Beijing-based Center for China and Globalization, said the visits to China took place as unilateral bullying practices "have sparked widespread concern in the international community", and "the momentum of unilateralism is on the rise in transatlantic relations".Taking Canada as an example, Wang said the rebound in China-Canada relations "is both a testament to the strategic wisdom of both sides and a natural choice that aligns with public opinion and market realities".Gao Fei, president of China Foreign Affairs University, said countries clearly know who are serving as stabilizers in this volatile world, and "China is the most predictable one among the major countries".As many countries speak positively of China's role in peace, stability and growth, some of their leaders visited in the new year to learn more about China's wisdom and solutions, he added.As part of efforts by working teams from China and these countries to realize the leaders' fresh consensus, Chinese and ROK officials on Monday kicked off the 13th round of follow-up negotiations on services and investment under the China-ROK Free Trade Agreement.Wang Junsheng, a researcher on Northeast Asia studies at the Chinese Academy of Social Sciences' National Institute of International Strategy, noted that as the global economy remains sluggish and trade protectionism prevails, countries such as the ROK are grappling with challenges like tariff wars."In this context, maintaining stable economic and trade cooperation with China is crucial for the ROK's economic growth," Wang said."The global industrial supply chain is being disrupted by trade protectionism, so stable cooperation between the ROK and China in supply chain-related sectors is also of the utmost importance," he added.

What does it mean to "become Chinese," and why are people saying it online? From TikTok to X, the phrase is going viral. Is it cultural admiration, social commentary, or a search for alternatives? Host Tu Yun is joined by Dr. Qu Qiang, a professor and fellow of the Belt and Road Research Center at Minzu University of China, Dr. Warwick Powell, an adjunct professor of the Queensland University of Technology, Australia, and Harvey Dzodin, a Senior Fellow at the Center for China and Globalization to explore the forces behind this unexpected trend and what it reveals about a changing world.

Is the era of manufacturing-led growth officially over? For decades, the path to a stable middle class was paved through industrialization, but today, even manufacturing giants like China are losing millions of factory jobs to automation.In this episode, Bethany McLean and Luigi Zingales sit down with Dani Rodrik, Ford Foundation Professor of International Political Economy at Harvard and author of Shared Prosperity in a Fractured World. Rodrik argues that we have "no other choice" but to look toward the service sector to anchor our future economy.But there's a problem: we still treat these essential roles as "bottom rung" jobs in terms of pay and respect. Is it possible to elevate a job's status and pay simply because society needs it to be better? As Rodrik argues, it's a future we must learn to navigate if we want to preserve a stable society. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At Davos 2026, U.S. leaders are calling out the failures of globalization head-on, while Klaus Schwab's old 'Great Reset' and stakeholder capitalism dreams face reality checks. From elite quotes pushing systemic overhauls and compliance tech to today's blunt rejections of top-down globalism, we ask: Has the WEF vision finally collapsed? Today we break down the quotes, the admissions, and why free markets, faith, and sovereignty win out over elite control.SPONSOR: Lear CapitalThe best way to invest in gold and silver is with Lear Capital. Get your FREE Gold and Silver investor guides from Lear Capital. And, receive up to $15,000 in FREE bonus metals with a qualified purchase.Call them today at 800-707-4575 or go to: Nick4Lear.com-----SPONSOR: Young America's FoundationJoin me in Nashville on February 6th for the Freedom at 250 Rally and our first ever MTA meet-up. This rally is part of YAF's nationwide Freedom at 250 tour commemorating America's 250th birthday, inspiring the next generation with the principles of freedom, and preparing young Americans to lead in media, culture, law, government, and beyond.Use the discount code NICK for 50% off your registration: YAF250.com-----GET YOUR MERCH HERE: https://shop.nickjfreitas.com/BECOME A MEMBER OF THE IC: https://NickJFreitas.comInstagram: www.instagram.com/nickjfreitas/Facebook: https://www.facebook.com/NickFreitasVATwitter: https://twitter.com/NickJFreitasYouTube: https://www.youtube.com/@NickjfreitasTikTok: https://www.tiktok.com/@nickfreitas3.000:00:00 World Economic Forum Insights00:10:32 Trump's Economic Policies and Globalization00:19:08 Sovereignty and Defense in International Relations00:30:09 The Role of the World Economic Forum00:37:13 The Foundation of Stakeholder Capitalism00:40:08 The Great Reset and Its Implications00:46:12 Economic Fascism vs. Capitalism00:52:42 Corporate Global Citizenship and Its Challenges01:05:59 Critique of Economic Control and Globalization

On this week's episode of the podcast, Steven Monroe of the National University of Singapore joins Marc Lynch to discuss his new book, Mirages of Reform: The Politics of Elite Protectionism in the Arab World.  Monroe uses the case of Jordan to discuss the broader failures of economic reform across the Middle East. He develops a theoretical framework focused on the ability of connected elites to shield themselves from the effects of reforms enacted on paper. The liner notes for this episode focus on the political economy side of the ledger. We already highlighted a wide range of books about Jordan in our recent episode on Sean Yom's Jordan: Politics in an Accidental Crucible.  Anyone interested in Monroe's topic should also read Yom's book, as well as Curtis Ryan's Jordan and the Arab Uprisings, Jillian Schwedler's Protesting Jordan, and Scott Williamson's The King Can Do No Wrong. On Jordanian/Palestinian identity politics, my book State Interests and Public Sphere: The International Politics of Jordan's Identity. On the failures of economic reform, Peter Moore's Doing Business in the Middle East is in many ways a direct ancestor of Mirages of Reform, and still highly relevant today.  The same is true for Melani Cammett's Globalization and Business Politics in the Middle East, Clement Henry and Robert Springborg's Globalization and the Politics of Development in the Middle East, and the authoritative textbook authored by Cammett and Ishac Diwan (taking over from Alan Roberts and John Waterbury for the fourth edition), A Political Economy of the Middle East. On this week's episode of the podcast, Steven Monroe of the National University of Singapore joins Marc Lynch to discuss his new book, Mirages of Reform: The Politics of Elite Protectionism in the Arab World.  Monroe uses the case of Jordan to discuss the broader failures of economic reform across the Middle East. He develops a theoretical framework focused on the ability of connected elites to shield themselves from the effects of reforms enacted on paper. POMEPS Director Marc Lynch recommends that anyone interested in Monroe's topic and political economy should read Sean Yom's book Jordan: Politics in an Accidental Crucible, as well as Curtis Ryan's Jordan and the Arab Uprisings, Jillian Schwedler's Protesting Jordan, and Scott Williamson's The King Can Do No Wrong. On Jordanian/Palestinian identity politics, Marc Lynch's book State Interests and Public Sphere: The International Politics of Jordan's Identity. On the failures of economic reform, Peter Moore's Doing Business in the Middle East is in many ways a direct ancestor of Mirages of Reform, and still highly relevant today.  The same is true for Melani Cammett's Globalization and Business Politics in the Middle East, Clement Henry and Robert Springborg's Globalization and the Politics of Development in the Middle East, and the authoritative textbook authored by Cammett and Ishac Diwan (taking over from Alan Roberts and John Waterbury for the fourth edition), A Political Economy of the Middle East. Amr Adly's Cleft Capitalism traces similar dynamics in Egypt, while Steffen Hertog's Locked Out of Development: Insiders and Outsiders in Arab Capitalism, Robert Kubinek's Making Democracy Safe for Business, and Ferdinand Eibl's Social Dictatorships expand the scope to multiple countries.

Welcome to Episode 20 of Class Unity: Transmissions. For this episode, Nick is joined by Class Unity member Dave for a wide-ranging conversation with Philip Cunliffe on the question of the national interest. Cunliffe is Associate Professor of International Relations at University College London, author of The National Interest: Politics After Globalization, and co-founder and contributing editor of Aufhebunga Bunga. The discussion centers on Cunliffe's argument that the “national interest”—long treated with suspicion on both the left and the libertarian right—has returned not as a coherent doctrine, but as a symptom of the collapse of globalization and liberal internationalism. Cunliffe defends a sovereigntist, rather than nationalist, conception of politics, insisting that the national interest should be understood as a democratic process of contestation defined by citizens rather than insulated elites. Nick and Dave press Cunliffe on whether appeals to global problems and global governance have allowed ruling classes to evade democratic accountability, and whether it is possible to retain global awareness while re-anchoring politics at the level of the nation state. The episode also digs into the book's historical and theoretical core. Cunliffe discusses classical realism, liberal internationalism, and the Cold War transformation of the national interest into a technocratic and national security–state project. Nick and Dave challenge Cunliffe on whether realism genuinely reflected mass politics or instead replaced aristocratic judgment with expert management, and whether liberal internationalism restrained power or dissolved political responsibility by moralizing foreign policy. Throughout, the conversation returns to a central tension: how to avoid reifying the national interest while still treating it as a necessary framework for democratic struggle. Recorded on December 15, 2025, the episode also serves as a kind of end-of-year reflection on contemporary politics. From Israel and Gaza to the advent of a second Trump administration, MAGA fragmentation, and competing claims over what counts as “America First,” the discussion explores whether renewed appeals to the national interest can meaningfully hold elites accountable—or whether they risk being captured once again by narrow sectional interests and the national security state. Cunliffe reflects on the limits of optimism, arguing that while democratic contestation offers no guarantees of good outcomes, abandoning the national interest altogether leaves politics empty, moralized, and unaccountable. For donations, membership inquiries, and educational courses please visit ClassUnity.org

The Globalization of Remote Viewing & IRVA: A Presidential Dialog with Luciano Arruda Luciano Arruda is the incoming President of the International Remote VIewing Association (IRVA). He’s the Director of Globalization Programs at Automation Anywhere managing global scalable programs and supporting growth initiatives in Asia Pacific, Japan, Latin America, Europe and the Middle East. He is fluent in Brazilian Portuguese, Latin American Spanish and English and is a citizen of Brazil, Italy, and the United States. Luciano has been leading IRVA’s International initiatives. The IRVA website is https://www.irva.org/ Luciano shares his journey from discovering remote viewing in 2022 to becoming a key figure in IRVA’s global expansion. Together, Luciano and Debra Katz discuss the intersection of clairvoyance and remote viewing, the challenges of maintaining historical integrity while embracing new applications, and the importance of international community engagement. Learn about the future of remote viewing and the initiatives IRVA is spearheading under Luciano’s leadership. 00:01:28 Introducing IRVA's new president 00:08:15 Clairvoyant reading versus remote viewing 00:12:57 The expansion of remote viewing internationally 00:26:10 Can we eventually offer free memberships, conferences & classes? 00:33:30 Online conferences versus the joy of in-person togetherness 00:40:10 Pro-military/government versus anti-military 00:52:39 Challenges to recruiting international leadership 01:09:07 The need for unified vision and long-term leadership Guest Host Debra Lynne Katz, PhD, is IRVA's outgoing president. She founded the International School of Clairvoyance and has trained students internationally in remote viewing, clairvoyance, and intuitive development for over two decades. She is the author You Are Psychic: The Art of Clairvoyant Reading and Healing, Extraordinary Psychic, The Complete Clairvoyant: A Trilogy, Freeing the Genie Within, and Associative Remote Viewing: The Art and Science of Predicting Outcomes (co-authored with Jon Knowles). She's a professional remote viewer, clairvoyant and energy healer. She teaches remote viewing at the California Institute for Human Sciences. (Recorded on December 21, 2025) For a short video on How to Get the Most From New Thinking Allowed, go to https://youtu.be/aVbfPFGxv9o For a complete, updated list with links to all of our videos, see https://newthinkingallowed.com/Listings.htm. Check out the New Thinking Allowed Foundation website at http://www.newthinkingallowed.org. There you will find our incredible, searchable database as well as opportunities to shop and to support our video productions – plus, this is where people can subscribe to our FREE, weekly Newsletter and can download a FREE .pdf copy of our quarterly magazine. To order high-quality, printed copies of our quarterly magazine: NTA-Magazine.MagCloud.com Check out New Thinking Allowed’s AI chatbot. You can create a free account at awakin.ai/open/jeffreymishlove. When you enter the space, you will see that our chatbot is one of several you can interact with. While it is still a work in progress, it has been trained on 1,600 NTA transcripts. It can provide intelligent answers about the contents of our interviews. It’s almost like having a conversation with Jeffrey Mishlove. His website is https://glennaparicioparry.com/ If you would like to join our team of volunteers, helping to promote the New Thinking Allowed YouTube channel on social media, editing and translating videos, creating short video trailers based on our interviews, helping to upgrade our website, or contributing in other ways (we may not even have thought of), please send an email to friends@newthinkingallowed.com. To join the NTA Psi Experience Community on Facebook, see https://www.facebook.com/groups/1953031791426543/ To download and listen to audio versions of the New Thinking Allowed videos, please visit our new podcast at https://itunes.apple.com/us/podcast/new-thinking-allowed-audio-podcast/id1435178031. Download and read Jeffrey Mishlove’s Grand Prize essay in the Bigelow Institute competition, Beyond the Brain: The Survival of Human Consciousness After Permanent Bodily Death, go to https://www.bigelowinstitute.org/docs/1st.pdf. To order a copy of New Thinking Allowed Dialogues: Is There Life After Death? click on https://amzn.to/3LzLA7Y (As an Amazon Associate we earn from qualifying purchases.) To order Russell Targ: Ninety Years of ESP, Remote Viewing, and Timeless Awareness, go to https://amzn.to/4aw2iyr To order a copy of New Thinking Allowed Dialogues: UFOs and UAP – Are We Really Alone?, go to https://amzn.to/3Y0VOVh To order Associative Remote Viewing by Debra Katz and Jon Knowles, click here: https://amzn.to/2XVk6mP. To order You Are Psychic by Debra Lynne Katz, go to https://amzn.to/4fxgnPD To order Extraordinary Psychic by Debra Lynne Katz, go to https://amzn.to/3AhHuOv To order Freeing the Genie within by Debra Lynne Katz, go to https://amzn.to/3LX0Ye0

In this episode with Markus Westhuizen, we explore how travel, movement and new environments shape our consciousness. Markus shares deep insight on how being exposed to new cultures and unfamiliar places expands awareness, shifts identity, and opens new dimensions of inner growth.We also explore spiritual awakening, presence, self-observation, emotional awareness, and how globalization is changing human consciousness.Whether you love travel, meditation, personal growth or conscious living, this conversation will leave you reflecting on the deeper purpose of movement, belonging and identity.

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. 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

The new year opens with a shift hiding in plain sight. As globalization recedes and the world fractures into spheres of influence, Rich argues this isn't just a political story - it's a structural shift that favors trend following. In this episode, he challenges the illusion of control baked into most trading systems: why backtests offer comfort, not readiness; why precision breeds fragility; and why the future isn't something to predict, but something being built in real time. This is a conversation about trading with humility, designing for persistence, and letting go of the need to know. The signal is now.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Rich on Twitter.Episode TimeStamps:00:00 - Opening and the start of 202603:21 - A fragmented global order and what it means for trend following08:55 - Why coordination fades and imbalances persist12:41 - Early market signals and unusual positioning14:34 - 2025 in review, concentration and recovery17:36 - Familiar pain and familiar payoffs in trend following23:00 - Timeframes, diversification, and ensemble thinking28:37 - Brakes and acceleration, trading the now40:58 - The future as unfinished, not hidden49:54 - Prediction versus participation53:53 - Optimization, comfort, and hidden fragility01:02:49 - Predetermined response and process control01:05:30 - Closing reflections and looking aheadCopyright © 2025

First off — Happy New Year. To kick off the year, this week's episode of the Wealth Formula Podcast is a solo one from me. I spend the episode walking through my outlook for 2026 and sharing a few predictions for how I think this cycle is going to play out. Lately, I keep hearing the same question phrased in different ways. The economy feels tight, but markets are holding up. Growth is coming in stronger than expected, inflation is easing, and yet a lot of the signals people usually rely on just don't seem to be lining up. That disconnect is really the starting point for this episode. Rather than reacting to headlines or making short-term calls, I wanted to step back and talk through the mechanics of what's actually driving this environment — and why it looks so different from the cycles most of us learned about. A lot of it comes down to debt, policy constraints, how capital moves today, and the growing influence of technology. When you start looking at those pieces together, some of the things that feel confusing begin to make a lot more sense. This isn't meant to be alarmist or overly optimistic. It's simply an attempt to frame the environment clearly so you can think about it more intelligently — especially if you're deploying capital or deciding whether it makes sense to sit on the sidelines. If you've felt like the economy and the markets aren't really speaking the same language right now, I think you'll find this episode useful. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  You need to be out of the dollar and into the investor class because that that widening gap between those who have, who own things, who own assets and those who do not is gonna continue to widen. Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast, and today I am going to do something a little bit different. I’m gonna kind of give you. My perspective, maybe predictions I dare say about, uh, the upcoming year in 2026, how I look at it, what I think, uh, uh, is likely outcome and why. Not that I am any smarter than any of you on this stuff, but I’ve actually kind of sat down and, and thought about, you know, the things that are going on in the macroeconomic. Side of things and, um, put some stuff together and, uh, hopefully you’ll enjoy it. We’ll have, uh, that right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from. Your own bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying you compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your invest. Get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealthformulabanking.com. Again, that’s wealthformulabanking.com. Welcome back everyone, and, uh, happy New Year to you. I forgot to even say that in the intro. How rude of me. Hopefully you had a great holiday, you had a great Christmas, and you’re bringing in the new year with a vision of health and wealth and PO prosperity and all that stuff. So anyway, let’s talk a little bit about, uh, you know what I am. Kinda looking at for 2026. Now, when you think about, well, what are these predictions and what could they be and all that, um, interest rates, inflation markets, you know, uh, let’s set the foundation for how I’m thinking about it, because everything else really kind of builds on it. And the most important thing to understand is that debt. Is really now I think the main character in the economy. I know we, people have been talking about this for a very long time, but I think, I think the debt issue is really, really becoming something that cannot be ignored, and I’ll get into that in a while. Obviously, I’m not saying that inflation and interest rates don’t matter. They matter enormously. Uh, those are the things that people actually feel, right? Higher prices, higher mortgage rates, higher insurance costs. What I’m saying is that the level of debt now determines really how decisions on those things are made from policy makers. You know, how do they respond to inflation and interest rates, recessions market stress. What debt does is it actually kinda limits the range of choices around how policy makers react to all these things. So once you see that, the behavior of the economy starts to, I think, make a lot more sense. So let’s start with. Sovereign debt, and I’m gonna start really basic here because the question is, you know, what exactly is sovereign debt? Okay. And sovereign debt is the money a government owes, okay? In the US it exists because the government consistently spends more than it collects in taxes, and that gap is called the deficit. When that happens year after year, you have an accumulation of debt. Now, when debt is low, it’s, it’s pretty manageable, right? But when debt gets very large, it starts to influence policy decisions, and that’s where we are right now. Uh, here’s the key mechanic that I think most people don’t really think about, right? Governments don’t pay off debt the way you and I, you know, pay off our debt, like mortgage or whatever. They always refinance it, right? So when the US government borrows money, it issues bonds. That’s how it does, those bonds have maturity dates, and when you buy a bond, you’re, you know, you’re loaning the government money. So when a bond matures, the government owes that principle back to you. Right? So that’s, that’s kind of how well we talk about, we talk about debt, but the government doesn’t save money over time to pay off that bond. Like, I mean, that’s the way you would think about it for you and me, right? I mean, at some point you’re like, ah, I really need to pay off this debt. I’m just gonna pay it off with this money that I saved. Instead, what they do is when a bond comes due, it issues a new bond and uses the money from that new bond to pay back the old one. Okay. Now, if that sounds familiar, uh, to you, it’s because it’s pretty much what we would call in plain English refinancing, right? Now imagine though, the government issued a bond a few years ago when interest rates were near zero. That bond matures today, interest rates are much higher, right to pay off the old bond. The government issues a new one at today’s higher rates. So the debt doesn’t disappear, it just becomes more expensive to carry, right? I mean, it’s just like you got a mortgage, you know you had a, a great rate, but you only got it for seven years and all of sudden you gotta refinance it. Gosh, all of a sudden that rate went really higher and your payments are much higher, and the debt payments going up, you know, for the government, what adds to that deficit? It’s a really, really vicious cycle. Now, take that process and multiply it across trillions of dollars of debt. Now you can start seeing why interest rates matter so much in a high debt system. Now, what makes this especially important right now is that for over the last several years, the US issued a very large amount of short-term debt. Short-term debt matures quickly, and that means large portions of government debt. Come due every year and have to be refinanced at whatever the interest rate exists at the time. So even if deficit stock growing tomorrow, which they won’t, the government would still need smooth functioning financial markets just to keep refinancing what it al what already exists now. This is why the economy has become so sensitive to interest rates, liquidity and confidence. Higher interest rates increase the cost of refinancing, right? We’ve mentioned that already. And that pushes deficits higher and forces even more borrowing. So I mentioned liquidity. What is that? Well, liquidity is about how easily money moves through the system. When liquidity is good, bonds are easily absorbed. Banks lend markets function normally, and when liquidity dries up, refinancing becomes fragile. That stress. Stress in the market spreads quickly. And then finally, confidence I mentioned too. Why does confidence matter? Well, confidence matters because investors need to believe that the system is gonna hold together. When confidence weakens, guess what happens? Well, what would happen if you think about it with a loan, a higher risk loan? While investors demand higher yields like refinance, it becomes even more expensive. And problems compound fast. Now, this is why Pol policymakers are extremely uncomfortable with high borrowing costs, reduced lending, falling asset values, and deep recessions. Recessions, by the way, don’t make debt easier to manage. They make it harder by reducing tax revenue and worsening debt ratios. Now that brings me to a, something that I am feeling sort of back and forth with. Um. You know, a listener who sent me some commentary about, you know, the fear of going back to 1970s, eighties style interest rates. But the thing is that I just don’t think that comparison works, and here’s why. Okay, so in the 1970s, the US had far less debt. Interest rates could go very high without threatening the government’s ability to refinance itself. Now today, with debt much larger relative to the economy, very high rates don’t just fight inflation. They stress the entire financial structure, right? You can’t just say, oh, we’re gonna make super high rates because the cost of all that debt the government has is gonna be extraordinarily expensive. Now, that doesn’t mean that rates can’t rise. It means policymakers have far less tolerance for how high and how long rates can stay elevated. It’s a completely different system from the 1970s and eighties. So I think trying to put things into that context is probably not, um, not a, a good way to think about it. So why am I fo focusing on this right now? Uh, instead of a few years ago, because again, we stu we didn’t suddenly become a high debt economy this year. So what changed? Well timing a massive amount of debt that was issued at very low interest rates, as I mentioned before, is now maturing and being refinanced at much higher rates, and that shift is no longer theoretical. It’s happening in real time. Last year, much of that low uh, rate, debt was still in place. Interest costs hadn’t fully reset, but going into 2026, they have no, I, I keep talking about, you know, how much we’re paying an interest, right? Because again, that’s a big difference between now and the 1970s when you could have, you know, you didn’t have as much debt so you could pay more interest on it. Right now, the US is now spending roughly a trillion dollars a year just on interest. Her perspective, right? I mean, what’s a trillion dollars? Uh, what does that even mean for the normal person? Well, for Perce perspective, that’s the defense budget. $1 trillion. It’s more than Medicare, more than most major federal programs. And the thing is that money doesn’t do anything, right. It doesn’t create growth. It just services past borrowing. And this is the point where debt stops being background noise, kind of an annoyance that people just say, well, we’ll kick it to the next generation. It start starts actively shaping, uh, policy decisions because it’s, it’s a thing that you gotta pay for. You gotta keep paying for it. So the takeaway I want you to carry forward is simple. We now live in a system where policymakers don’t have the luxury of letting things break when debt is low. Governments can tolerate deep recessions like you saw in the seventies and eighties and long recoveries. When debt is high, they can’t because even small shocks can just really get outta control quickly. And that’s the framework I think, uh, that I’m using as we move into interest rates, inflation, and what all this means for markets going into 2026. So let’s talk about interest rates. You’ve heard me say that I think that interest rates are gonna come down. Um, they’re gonna continue to tick down a little bit. I don’t think a lot, but I do think there’ll probably be at least one more rate cut. I think, you know, you’re probably gonna have some, um, uh, some lowering in the 10 year and, and the bond market in general. Uh, but interest rates are not gonna go back to 2010, right? They just aren’t. And. The 2010s were not normal. There were a very specific period created by very specific conditions, right? Inflation was persistently low, uh, but just wouldn’t go up. Globalization, uh, push prices down. Capital was abundant. Debt levels, well, they were high, but they’re rising, but they hadn’t become what they are now. And because of that, central banks could hold rates near zero without much consequence. That environment, unfortunately, does not exist now. So today, debt is much higher. Inflation risk is real again, and investors expect to be compensated for lending money long term. So even when rates decline from current levels, they do not return, uh, they will not return to where people, uh, anchor them psychologically. If they’re thinking about the 2000 tens, they’re gonna settle higher. Within the 2000 tens baseline, you see policymakers are kind of stuck if rates, uh, say too high for too long. We mentioned this before. Refinancing government debt becomes increasingly expensive. Interest costs rise, deficits, widen, and then you get that financial stress that’s spreads through the credit markets. But if rates are pushed too low for too long, borrowing accelerates. And that’s. When inflation resurfaces and confidence in the currency weakens, so then that’s the tug of war. So policymakers, uh, you know, they, they can no longer choose between high rates and low rates. They’re gonna be choosing how to manage, uh, the trade-offs, right? So what’s gonna happen is that you’re gonna see that rates are gonna move within a range. Uh, they come down when something breaks, they move back up when inflation pressures recurrent. Um, that’s why volatility matters more than the exact. Level of rates going forward, in my opinion. So we’re, we’re not returning to free money. We are also not headed to a permanent 1970 style high rate world. What we are doing is entering a time where borrowing costs matter. Again, refinancing is not guaranteed, and rate swings are part of the system, and that naturally leads to the question of inflation. So once you understand why rates. You know, don’t go back to the 2010. The next question becomes, uh, well, if policymakers can’t keep rates high for long and they can’t push them back to zero either, then what are they actually trying to ac accomplish? Well, the answer is that, that the goal is kind of shifted for decades. Economic policy was focused on disinflation, um, you know, pushing inflation lower and lower. Over time, uh, and inflation was actually treated as a failure, and that made sense. In a world with lower debt in a high debt world, that logic sort of breaks down, right? Deflation, which is actually falling prices, increases the real value of debt. Think about that for a moment. Like just in terms of. You know, you have a mortgage and you know, sometime, you know, your parents might have like a 30 year mortgage or something like that, that they’ve had for 25 years. They’ve been paying it off and it’s great. But the bigger thing to notice is the amount of money that they borrowed is actually very small in real world dollars because it’s, you know, 25 years later. See, inflation is bad when it’s, you know, you’re dealing with it, but inflation is. Good at one other thing, which is it’s good at eroding debt. It will make, uh, the amount of the value of the, you know, the actual money that you owe on debt lower over time. So that’s why you can’t have deflation, right? You can’t have deflation because that increases the real value of the debt. It discourages spending, slows growth and makes refinancing harder. So in today’s system, deflation is way, way more dangerous than moderate inflation. And so because of that inflation really isn’t something that I think is quite as important that has to be eliminated at all costs. That, you know, you have to be right at 2%, which is, you know, kind of what the, the fed his, his target is, right? Instead, what you gotta do is you gotta manage it. Of course, that doesn’t mean you want runaway inflation. What they wanna do is have enough inflation to keep nominal growth positive and prevent debt burdens from become heavier again. Why? What do I mean by that? You gotta have enough inflation to erode the debt that we have, right? So this is why that 2% inflation target should be understood. As, you know, kind of aspirational, but not absolute because having a little higher inflation, yeah, it hurts people. It’s, uh, it hurts people on a day-to-day basis, but actually helps with that. So even at, uh, you know, inflation sell a bit higher than, than, than the, you know, 2% fed target say it’s 4%, it’s actually eroding, uh, you know, it is eroding purchasing power, but it’s also eroding debt. It’s, it’s stabilizing debt dynamics. From the system’s perspective, of course that’s helpful. But for us, we’re paying for things on a day-to-day basis to see the cost of eggs and all that. It’s, it’s frustrating, right? And that tension between system stability and personal cost, it’s one of the defining features of the economy heading into 2026. So when you see policymakers tolerate inflation, uh, longer. Then you think they should or step in quickly When markets kind of wobble, it’s not confusion or incompetence, it’s actually constraint because debt limits the available choices. Rates are managed within a range. Inflation is guided and not eliminated. Now put those together and you get the environment we’re moving into, which is an economy where markets can look. Resilient, even while people feel stretched, right? I mean, that’s kinda what we’re feeling. Everybody’s like, oh, these markets are doing fantastic, you know? But then, you know, you look at consumer confidence, it goes down. It’s been going down every month. This is an environment where asset prices recover faster than wages, and we’re understanding how policy reacts becomes a real advantage. So that’s kind of my macro setup for 2026. Um, you know, with that framework, we can start looking into the first prediction I’ll make. And again, these are not, you know, crazy predictions. Uh, they are just generalized things that I think you’re gonna see. So, like the first one is that the markets will stop being reliable proxy for the economy. You could argue that’s already happened, right? Markets in the economy kind of stopped correlating. We saw it after the financial crisis, right? We saw it very clearly even during COVID. The decoupling itself is not new. What’s new is that that decoupling is no longer temporary. It’s become the baseline that’s become the new normal. Uh, for most of modern history people had a fairly reliable mental model, right? You probably do. If you grew up in the eighties and nineties, uh, as a kid or whatever, when the economy felt bad, layoffs, we growth falling in con incomes, markets usually reflected the pain. Right. Sometimes there was a gap. Sometimes markets recovered a little earlier, but eventually things kinda re converged. The economy healed. We just caught up in the markets and lived experience kinda lined up. Now that’s the model that most people still have in their heads, and that’s why so many people feel so confused right now. I mean, I feel confused by it. So what’s changed going into 2026? You know, it, it is, it’s structural Now. We’re no longer living in a system where policy intervenes only during emergencies. We are, uh, in a system where policy is always on, debt is permanently high, rates are actively managed, inflation is tolerated rather than eliminated. And as a result of that, markets aren’t really necessarily responding primarily to how. The economy feels to people they’re responding. Uh, you know, it’s responding to refinancing needs. Liquidity management. Uh, confidence preservation. That’s a very different signal. COVID is the clearest example of that ship, but it’s, it’s important to understand it correctly. So in 2020, the economy was literally shut down, right? Unemployment exploded. Uh, small businesses were collapsing, right? Like, this is COVID and yet markets bottom quickly. We saw that and then bam. All time highs, even though life kind of felt terrible for a lot of people. And that wasn’t because the economy was healthy, it was because policy overwhelmed fundamentals. And at the time that felt extraordinary. It felt very different. Like this doesn’t make any sense. What’s different now is that we’re still using the same playbook but with out in obvious crisis. So intervention is no longer reactive. It’s, you know, uh, it’s preventative. So what do I predict for 2026? Well, markets are gonna stop being a reliable proxy for economic health. Uh, you, you people can just stop talking about that. Like it, like it, it means anything anymore. Markets going to increasingly reflect how constrained policymakers are and how much liquidity is in the system, and how aggressively risk is being managed. They’re not gonna, the markets are not gonna tell you. About affordability, wage pressure, or whether life feels easier or harder for people. Right. Those are completely gonna, those are, it’s just a standard thing now that those are uncorrelated and the gap is not, uh, abnormal anymore. It’s. The operating environment. So what do you do with that information? Well, for an individual investor, this environment requires a real mindset shift, right? You can’t rely on your gut anymore. You can’t say, man, I feel like this economy doesn’t feel good. So the market’s gonna look at the, I mean, you, you, you know, a lot of people feel like the economy doesn’t feel good to them because of inflation, because of what happened with interest rates and all that stuff, right? But look it, you’ve got. Record breaking, uh, stock market numbers. You can’t rely on your gut anymore. Your gut is telling you the economy feels bad. For many people, that’s absolutely true. Costs are high. Again, things feel tight, and the instinct is to wait to sit in cash. To assume markets would reflect that pain, but that instinct used to work. And in this system it doesn’t because markets are no longer pricing in how the economy feels. They’re pricing policy response. Liquidity and constraints. So if you wait for the economy to feel good before you act, it’s gonna be way too late. So instead of asking, does the economy feel weak, you need to start asking different questions. You need to ask how constrained policymakers are, how quickly liquidity will return if markets wob on it, and where capital tends to flow first when policy steps sit. In other words. You gotta start really thinking about investing, right? Like you gotta, like right now. Now I’ve talked, I’ve beat this over many times before, but you know, you have, if you’re, if you’re saving money right now and you’re looking and you are wondering what to do, look for things that are on sale now. I spent real estate’s on sale right now. Right? Get your money into the markets one way or another. That’s what I would say. Whatever it is that you want to invest in. Don’t let your money just erode because this lack of correlation is, it’s a really, really important thing and it’s, it’s gonna continue to happen and you know what else is gonna happen Because of that, you’re gonna see an increasing widening up the wealth gap. People whose income is tied primarily to wages are, are gonna experience that inflation directly, right? Their money’s trapped in the real economy where costs rise faster than income. But investors on the other hand, have an opportunity to participate in the markets that are supported by this sort of unnatural infrastructure that I just mentioned, right? As asset prices are gonna continue going up. Now, I’m not here to judge whether that’s a good thing or a bad thing, I’m just telling you how it’s functions. So the investor class increasingly benefits from asset appreciation, right? Early access to liquidity. While lower income groups often can participate in that upside. Even as their cost of living rise, because they’re not in the markets, they’re not, they don’t own assets. So again, you have to stop, you know, using how the economy feels is your primary investing signal. If you wanna protect and grow your wealth in this environment, you need to understand how policy reacts, how you know liquidity moves, how assets behave when the system is under constraint. And in other words, uh, you know. Frankly, you just need to be part of the winning class, which is the investor class. Alright, so that’s kind of, uh, hopefully that made sense to you. Here’s another prediction for you, and this is probably more related to some of the things that we talk about usually, but I’ll say that multifamily and commercial real estate are going to finish their washout, and the window is gonna start to really close again. I’ve talked about this. Before, you’ve probably heard me say this, but let’s talk about multifamily and commercial real estate again, because you know, this audience doesn’t need just theory. You’ve already lived through the pain or the past two years you’ve seen deals blow up, capital calls go out, refinancings fail. So the real question going on in 2026 is not whether real estate breaks. It’s already, it already did. It already did. The real question is how much longer this phase lasts and what replaces it. My view is that 2025 into early 2026, um, represents the final phase of this unwind in the beginning of stabilization. I’m not predicting an immediate boom, not a return to 2021 by any means, but the end of obvious distress. So what’s happened already from 2022 to 2024? Multifamily and commercial real estate absorbed the fastest rate shock in modern history. Many of you lived through that. I lived through that. It’s painful. Debt costs doubled or tripled. Cap rates moved hundreds of basis points. You know, bridge debt structures broke, uh, refinancing assumptions collapsed. Now, a lot of the deals, I mean, I would say most of the deals, uh, uh, that, you know, kind of imploded, uh, shared the same DNA, you know, peaking price, uh, purchases, uh, during peak prices in 2021, early 2022. Uh, you know. Floating rate thin or negative cash flow based on, you know, the rates at the time. Maybe it was positive business plans that were really dependent on refi and rent growth. Um, those deals though, have largely already defaulted, recapitalize, or, you know, they’re being quietly handed back. And that matters because markets don’t keep breaking the same wave forever. If, if you’re seeing right now and if you’re in our investor club, you are. 30% discounts on a regular basis. Right? On a regular basis compared to the peak. Don’t assume that’s gonna last. That this is the key point I wanna make very clearly. If you’re looking at multifamily or commercial deals today that are trade trading at that 30% below where they were a couple years ago, you should not assume that window stays opening. Definitely because the level of discount there, uh, the level of discount exists because. Dried up liquidity, uh, because of that violent rate reset, uh, uncertainty. But here’s the thing, markets don’t stay frozen forever and as soon as pricing stabilizes, even at higher cap rates, which are going to be higher than they were, because you’re not gonna see interest rates down at zero, capital is gonna start to move again. And stabilization doesn’t require rates to go back to zero. It just requires some level of predictability. So here’s the sequence of what happens first, you know, the distress slows, uh, you see less and less defaults, and then slowly but surely cap rates stop expanding, right? That alone brings back buyers. Then as rates drift mo lower and volatility declines, lenders reenter selectively, debt becomes a billable again. It’s not cheap. It’s definitely usable and that brings more liquidity. When I say liquidity, in this context, I’m talking about just more deals getting done. And once liquidity returns, cap rates don’t stay wide forever. They compress, right? It’s competition. And again, when they compress, they’re not gonna go back to 2021 levels, but enough to meaningfully lift asset values from distressed pricing. This can happen faster than people expect, right? People underestimate the fact that there is an enormous amount of capital sitting on the sidelines right now in money market funds, short term treasuries, private capital, waiting for clarity. That capital isn’t, you know, permanent. The moment investors believe that rates of peak, that prices of stabilized downside risks is contained, that money starts to chase yield. When it does the transition from, nobody wants this, everyone wants exposure again, can happen surprisingly fast. In other words, I’m not saying I think this will happen in 26, but the shift from a market that is on sale, which I’ve described it as to a market that is starting to look a little frothy, can really be just a couple of years. And in that situation, I’d rather be a net seller, right? You wanna be accumulating. During this phase of for sale so that you can sell in froth. So what this means is that the market is, you know, uh, is not a market to wait for everything to feel perfect, because by the time it does, the obvious discounts are gonna be gone. And if you wait for perfect clarity, you’re gonna be competing, you competing with institutional capital, with large private funds and, and, and yield hungry money coming outta cash. The opportunity is not assuming distress lasts forever. It is. It’s in recognizing when the market is transitioning from forced selling, which is what is happening even now to price discovery. So ultimately, the prediction is this multifamily and commercial real estate, that that washout is completed in 2026 and the window created by distress really starts to close. Deep discounts don’t persist. Once market stabilized, which I think is what’s gonna happen, and then I think you’re gonna start to see a shift. You’re gonna start to see more deals, more liquidity, and that’s gonna return faster than people expect. In other words, this is gonna be the end of, you know, sort of this bargain basement, you know, panic pricing. And once real assets stabilize and liquidity returns, attention inevitably turns, uh, to the currency, those assets are priced in. Which brings us to the prediction number three. That dollar, okay, the dollar doesn’t collapse, but it does continue to erode. It slowly leak, right? Let’s talk about the dollar, ’cause you hear about this all the time, right? A nausea, you hear the, the weakening of the dollar. Um, this is one of those topics that where people tend to jump to extremes. You know, on one side you hear the dollar is about to collapse. On the other side you hear the dollar’s strong and everything’s fine. I think, um, the truth is somewhere in, in the middle. And my prediction for 2026 is simple. Um, again, the dollar doesn’t really explode. It doesn’t get replaced. It can just continues to erode slowly but surely. And that’s how reserve currencies actually behave when debt gets high. Right. So why no collapse, right? Because you got like people out there, uh, worried about the collapse of the US dollar. The US dollar is gonna remain dominant, not because it’s perfect, but because there’s no real alternative at scale. There just isn’t. Okay? There’s no other currency with markets as deep, as liquid and as widely used for trade debt and collateral. So, you know, reserve currencies, you know, you hear about the, the worry about us being the reserve currency. Well, reserve currencies don’t disappear overnight. They erode gradually, but they don’t disappear overnight. And that erosion shows up not as a crash, but again as persistent inflation, right? It’s rising, you know, real asset prices, which is again, where you wanna be, and a slow loss of purchasing power over time. Again, that brings us back to the whole issue of debt we were talking about, right? So in a highly indebted system, policymakers are not incentivized to aggressively defend the currency at all costs, right? So very high interest rates might strengthen the dollar in the short term, but they also make debt harder to service and financial stress worse, right? So instead of choosing strength or collapse. Um, you know, policy drifts towards tolerance, right? Inflation is allowed to run a little hotter than people expect, because again, it’s gonna erode that debt. The currency weakens slowly, therefore, rather than violently, right? Again, currency weakening. It’s that, it, it’s so entwined with this idea of inflation because debt becomes easier to manage in real terms. And one of the things I hear, and I’ve been sort of in these conversations back and forth with, um. At least one of you out there, uh, in, in emails is that, you know, I hear, uh, that, that, that there’s a, a serious problem for interest rates because of, you know, China, uh, selling US treasuries. And because of that you might get the collapse of the dollar. In fact, in this conversation, it was not only about China, but also Europe. Which, you know, I hadn’t actually heard anybody mention that before, but I guess that’s out there in the ecosystem and some of the newsletters. Now, all that sounds scary, but it really misunderstands how the system actually works. What exactly happens when someone or a country sells treasuries? Well, they don’t dis, they, they don’t just destroy the dollars. What they’re doing is they just swap $1 asset for another, right? The dollars don’t even lead the system. They change hands. So this idea of China selling off all it t trade, well, China’s been, uh, reducing its treasury holdings for years and the dollar hasn’t collapsed. The market absorbed it because treasuries are the deepest, most liquid market in the world. And then this idea of Europe, of of Europe actually dumping treasuries because, you know, they’re not happy with Donald Trump and what he’s doing in Ukraine and all that, that would be an absolute nightmare for, for Europe. That would hurt their own economy. That’s the last thing that an indebted government wants. So foreign selling, yeah, sure it’s gonna move yields, but it, it’s not gonna implode the dollar. But the reality of the, uh, erosion of the dollar is real. I don’t think anybody questions that anymore, and I think that is another reason that you need to be buying. Real assets. You need to be buying equity. You need to be on the side of the investor class. Okay? That’s, that’s how you combat all of this. So the real takeaway here ultimately is that, you know, it isn’t, uh, to abandon the dollar, right? It isn’t. It’s, it’s just to stop pretending that holding cash is neutral. It’s not, it, most of your wall suits and assets that, that can’t adjust. You know, they can’t grow as, you know, as, as asset prices grow, then you’re making a bet on currency stability that literally no one believes is, is going to be the base standard anymore. Everybody knows, every economist, every country, every everywhere knows that these currencies are eroding. You don’t freak out about the dollar, but don’t, don’t, don’t be like heavily in dollars. Start getting into the markets. Alright, well, you know, I’m talking a lot about esoteric macro stuff, but let’s kind of get into some stuff that you might think is fun, more fun maybe. Okay. You, a lot of you are into Bitcoin. Well, I think that, you know, Bitcoin is gonna continue to mature. And the next look, leg up looks like, you know, because of more adoption, not because of hype, which isn’t maybe not as, as, as fast and violent, but it’s, it’s, it’s a lot more predictable. For those of you who are still unfortunately listening to the likes of Peter Schiff about Bitcoin, you gotta stop doing that because Bitcoin is not tulips. Right? A lot of people still talk about it like it’s a fad that could just vanish. We’re long past that phase. Bitcoin is, is, is a $2 trillion asset and in the history of the world, there has never been a $2 trillion asset that went to zero. Is it volatile? Yeah, it is. It can absolutely continue to be wildly volatile, but you’re not going to zero. And my prediction is not overly crazy. It’s just that. Bitcoin is going to continue to increase in price, but it’s not become, not because of speculative, uh, you know, because it’s a speculative trade anymore, right? I think it’s because of adoption. Uh, adoption is going to become the real meaningful driver of market capitalization. So what do I mean by that? It just means more people are seeing it as a real asset, and it has to become, when it becomes a real asset class, everyone has to have some of it. Every major institution has to have some of it because it’s an its own asset class. And when they do that, it just drives up the entire market capitalization of that asset. And when you have an asset that has a finite amount, which in the case of Bitcoin, there will never be more than 21 million Bitcoin. You have constant adoption, constant slow, but persistent growth in market capitalization, the asset has to become more expensive. Now, what do I mean by this adoption? Well, places that you would never think in a million years, a few years ago, that that would be buying Bitcoin or you know, ETFs, B to Bitcoin ETFs are doing. So Harvard. Harvard is a great example. Because it’s not, it’s not crypto influencer, right? It’s actually one of the most conservative, brand sensitive pools of capital in the world. But their endowment management, uh, disclosed roughly 443, uh, million dollars in its position in BlackRock, uh, BlackRock, iShares Bitcoin, Bitcoin Trust, which is ibi for those of you who, who, uh, don’t know, that’s how you can just go to your New York Stock Exchange and, and buy. Bitcoin ETFs with ibit. Now, whether you love this whole Bitcoin idea or hate it or whatever, that’s a signal that is increasingly treated like a portfolio asset. It’s not a fringe experiment, and it’s not only universities. Uh, institutional comfort is it’s just there, right? Um, custody, uh, custody regulated vehicles, positioning, size, risk controls, those kinds of things are all become part of the Bitcoin uh, environment. Many countries are already holding meaningful amounts of Bitcoin. Uh, even the US has, there’s a, there is a formalized Bitcoin reserve. Now we aren’t actively buying it, but here’s an interesting thing with Bitcoin, you can, when it is, uh, the way that the US is accumulating Bitcoin is through seizures. Alright? Bad guy gets caught. His boats, his house and his Bitcoin get, uh, confiscated. So the US will sell the house, they will sell the gold, they will sell the boats, but they will keep the Bitcoin. What does that tell you? You know? And, and there’s a lot of nations that are actually openly holding and, and buying Bitcoin. I mentioned the US China. This always seems to be, uh, you know, anti Bitcoin. Well, they actually own quite a bit the UK, Ukraine, Bhutan, El Salvador. Bottom line is there’s a big change in narrative, right? That this is a real asset. So this is something that, you know, even if it’s 1% of a major, uh, institution’s assets or less than that, or whatever, it’s part of it. And that adoption alone can move prices from, from here. And that’s what I think a lot of people miss because they’re like, well, you already had a big move and you know, instead a hundred, it’s 80 or 90 or a hundred, whatever. It’s, it’s not going much better, bigger than that. Well, Bitcoin is, is actually really small relative to global pools of capital. So at this stage, adoption alone. Not even the crazy mania of the past can make a non-trivial increase in market capitalization and therefore a mark, you know, a non-trivial increase in the actual price of Bitcoin. All it’s gonna take, and you’re gonna see this, you’re gonna see more endowments, you’re gonna see more sovereign wealth pool, pensions, mod model portfolios, all they guys daisy side, when you know, even with a small allocation. It doesn’t take too much to overwhelm the available float because Bitcoin is scarce and a lot of it’s held tightly. So as far as Bitcoin goes, what do I think is gonna happen? I believe all time highs are gonna get challenged. They’re gonna get broken again in 2026, not because again, everyone’s suddenly becoming a crypto maximas, but because adoptions could just gonna continue to grow. The wild card, I should say, is that the US moving from, we hold. What we seized in terms of Bitcoin to actively acquiring reserves could be enormous catalyst. And there is a lot of talk about this right now. Um, if the market ever believes that the US is a consistent buyer, even in a constrained budget neutral way, that changes the psychology fast. And in that scenario, I think 200,000 plus, uh, $200,000 plus Bitcoin by the end of 2026 becomes very plausible. Zooming out. I’ve said this before, you may think I’m crazy, but again, because of adoption, I think that Bitcoin is at a million dollars five to seven years from now. So what does that mean for you? Well, I mean, I think at the end of the day, if you don’t own some, you might want to, I’m not gonna give you financial advice, but again, just like Harvard’s doing it, you know, major, major endowments are saying, well. You know, maybe we’ll just buy, like, you know, 2% of that, 2% of our, our, uh, endowment will be made of something like that, right? Uh, you know, it’s just even a very small amount, but exposure to it makes a lot of sense. So I think that is something to highly consider if you are still on zero when it comes to Bitcoin. All right, now here’s my last, uh, prediction. You may have heard me talking about this before as well, that AI becomes a deflationary force that policy makers finally wake up to. And I think this is actually one of the most important and misunderstood economic developments, um, that is currently already out there. But I think it’s, it’s gonna be really recognized. By the end of 2026. Okay. Artificial intelligence is gonna stop being just a tech story, and it’s gonna become a macroeconomic story. I think that by the end of 2026, artificial intelligence is clearly, uh, you know, it’s clearly, um, going to be boosting corporate earnings while beginning to materially reshape the labor force. Um, and what’s gonna happen is that central banks and policymakers are gonna start treating it. Is a genuinely deflationary force over the next several years, and they’re gonna try to have to figure out what to do about it. And again, going back to our earlier conversation, because deflation is really a real problem for a country with an enormous amount of debt. So let’s get a little bit into the whole deflationary uh, conversation. So artificial intelligence at its core is a productivity machine, right? It allows companies to produce more. Without, with fewer inputs, fewer hours, fewer people, fewer stakes and productivity always shows up in profits before it shows up in everyday life. Right now, lower cost per transaction, faster execution, fewer people doing the same amount of work, widening margins without price increases. That’s the tell. That’s when profits rise without raising prices, something deflationary is happening underneath the surface. The biggest impact there is the labor market, right? It’s gonna be impossible to ignore. And this is where the conversation really shifts because artificial intelligence doesn’t need to eliminate jobs outright to matter. It only needs to reduce the number of people required to do it, right? So you’re thinking the labor markets, you’re gonna see a lot of this. You’re gonna see more slowing in hiring. Um, even while productivity expectations rise, and I think by late 2026, the public conversation is gonna change from will artificial intelligence affects jobs someday to why aren’t companies hiring the way they used to? And of course, that’s when people are gonna start paying attention and they’re gonna notice it’s deflationary because it’s going to be because artificial intelligence is gonna push down the cost. Of services, administration, customer support, research, and eventually decision making itself. That’s why it’s, it’s deflationary, it’s structural, right? Just think of all those things you can do for so much cheaper. That is what deflation is, right? And again, we mentioned before deflation is not something central banks are comfortable with because of debt and because debt heavy systems rely on nominal growth. Deflation makes debt heavier in real terms as opposed to what we said before, which is that inflation actually erodes debt. And that is a, a very, very challenging problem. And by 2026, I think you’re gonna hear a lot about this, you know, policy problem that we have. Which is innovation versus, you know, deflation. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide finance. Financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealthformulabanking.com. Alright, well, so that’s basically it for my, uh, predictions. And I know I’ve kind of. Off on many different tangents, so hopefully it’s useful to you at least to start thinking and doing some of your own research. Bottom line is this, I mean, as, as a investor, what can you do? I think the big story here is understanding that, um, you need to be out of the dollar and into the investor class because that that widening gap between those who have. Who own things, who own assets, and those who do not is gonna continue to widen. And so, you know, my best, uh, won’t call it advice, but my own belief is that it is a, it is a very good time to look around and look for assets that are underpriced because I think everything is going to expand and it’s gonna ex expand. Uh, and you don’t wanna be caught, you know, on the, uh, dollar side of that equation. So. That’s it for me this week on Wealth Formula Podcast. Happy New Year. I’ll see you next week. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealthformularoadmap.com.

Financial analyst and economic expert Bill Holter rejoins the program to break down the bifurcation in the silver market, where physical and paper silver are behaving very differently—and why this setup could lead to one of the largest silver squeezes in modern history.We also examine the surge in historic corporate bankruptcies, the continued push toward globalization across multiple market sectors, and what these structural shifts mean for investors and everyday people alike. Finally, Holter explains how to prepare and position yourself as market volatility accelerates into 2026.Learn more about Bill Holter at his website at https://BillHolter.com

FreshEd is on holidays. We'll be back in February. -- Today Fazal Rizvi joins me to talk about his forthcoming book entitled Globalization and Educational Futures. Fazal revisits the rise of the popular discourses of globalization, examines many its discontents, and suggests nonetheless that it is too hasty to imagine its total demise. Fazal Rizvi is Emeritus Professor in Global Studies of Education at the University of Melbourne, and Emeritus Professor at the University of Illinois at Urbana-Champaign. Citation: Rizvi, Fazal with Will Brehm, FreshEd, 378, podcast audio, December 2, 2024. https://freshedpodcast.com/378-rizvi/ -- Get in touch! Twitter: @FreshEdpodcast Facebook: FreshEd Email: info@freshedpodcast.com

COVID pulled supply chains out of the background and into daily life. What used to feel abstract suddenly determined whether shelves were stocked, prices stayed stable, or businesses survived at all. In this conversation, Kerim Kfuri breaks down how global supply chains actually work, why the old “lowest cost at all costs” logic is outdated, and how disruption has reshaped manufacturing, trade, and strategy worldwide.We explore the shift from just-in-time efficiency to just-in-case resilience, challenge the idea that globalization is primarily exploitation, and explain why visibility, redundancy, and optionality now matter more than unit price. We also dive into tariffs, debt, leverage, inflation, and the uncomfortable truth: every attempt to “fix” supply chains shows up in consumers' wallets.This isn't about ideology or slogans. It's about fundamentals—survivability, relevance, and designing systems that can absorb shocks without breaking.TL;DR* Supply chains aren't boring—they're the infrastructure of modern life.* Cost is no longer king; resilience, visibility, and flexibility are.* “Just in time” failed under real stress; “just in case” is the new survival model.* Globalization today is about capability, not exploitation.* Tariffs and inflation are hidden taxes consumers always end up paying.* Long-term business success depends on survivability, not quarterly optics.Memorable lines* “Supply chains used to be invisible—until they broke.”* “Cost is the last variable now, not the first.”* “Relevance is what makes supply chains sexy.”* “You don't notice the wiring in the wall until the power goes out.”GuestKerim Kfuri — President & CEO, Atlas NetworkGlobal supply chain strategist focused on resilience, efficiency, and disruption-ready systems.Why this mattersIf you want businesses—and economies—that last, stop optimizing for perfect conditions and start designing for disruption. Supply chains aren't about speed alone anymore. They're about survival.Call to ActionIf this conversation lit something up for you, don't just let it fade. Come join me inside the Second Life Leader community on Skool. That's where I share the frameworks, field reports, and real stories of reinvention that don't make it into the podcast. You'll connect with other professionals who are actively rebuilding and leading with clarity. The link is in the show notes—step inside and start building your Second Life today.https://secondlifeleader.com This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.dougutberg.com

STAYradio Episode #300 aired Wednesday December 31st, 2025. This episode is a recap of all the best tracks featured on the show in 2025.

On January 1, 1994, Indigenous peoples from Chiapas, Mexico, rose up. They took control of city halls in towns across the state. They took the state capital San Cristobal de las Casas. And they held them for days, despite a violent response from Mexico's military.This was not just any movement confined to the mountainous jungles of Mexico. It was an Indigenous uprising against injustice. An uprising against neoliberalism. An uprising against globalization and free trade agreements, and it would have deep reverberations. Inspiring people, not just in Mexico, but around the world.***BIG NEWS! This podcast has won Gold in this year's Signal Awards for best history podcast! It's a huge honor. Thank you so much to everyone who voted and supported. Sign up for the Stories of Resistance podcast feed on Spotify, Apple Podcasts, Spreaker, or wherever you listen. And please take a moment to rate and review the podcast. A little help goes a long way.The Real News's legendary host Marc Steiner has also won a Gold Signal Award for best episode host. You can listen and subscribe to the Marc Steiner Show here on Spotify or Apple Podcasts.Please consider supporting this podcast and Michael Fox's reporting on his Patreon account: patreon.com/mfox. There you can also see exclusive pictures, videos, and interviews. Written and produced by Michael Fox.Resources:First Declaration of the Lacandona JungleZapatista: a Big Noise FilmMexico: Ezln Leader Subcomandante Marcos InterviewChiapas and the Zapatistas - Mexico's Brutal Land DisputeDocumental: El Fuego y la Palabra (EZLN, México)Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!

On this week's episode of Economic Update, Professor Wolff provides an analysis of "globalization" as a fancy slogan to hide a profit-driven, profit-boosting period (1970-2015) that saw US capitalists move factories abroad. It destroyed so many well-paid factory jobs (especially of white, male Christians) that it produced massive suffering among the affected communities. As their rage built and both Republican and Democratic politicians turned a blind eye to their suffering, right-wing politicians saw an opportunity. Find a candidate really different from the old Republican and Democratic establishments - a Trump - and have him express the rage, anger, and bitterness of those who had lost the American Dream. Trump blamed globalization, foreigners in general, immigrants in particular, liberals, and Democrats: all lumped into "globalists," a term that changed from celebration to total evil. Conveniently for the leaders of major US corporations - the people who had actually made the decisions to move production abroad and profited from that escaped from Trump's blame. Now he promises to lead them to more profits by switching back to economic nationalism. But like globalization, it will prove profitable for the same corporations now as it did before. America First will hide the suffering it imposes every bit as much as globalization did. Capitalism is the problem.   The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.  You can support our work by joining our Patreon community:  https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate     Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.  We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Send Bidemi a Text Message!In this episode, host Bidemi Ologunde breaks down three signals shaping the week across tech, politics, and geopolitics, and the one insight you can actually use. Why did a major automaker slam the brakes on its EV ambitions? What happens when a trade deal decades in the making collides with farmers in the streets? And as U.S. pressure tightens on Venezuela's oil lifeline, how close are we to a wider great-power standoff?Support for The Bid Picture Podcast comes from Skylight Calendar—the family-friendly digital calendar that helps everyone stay on the same page. With a quick setup and an easy-to-read display in a shared space, Skylight makes it simple to keep track of school events, practices, appointments, and family plans—so mornings run smoother and everyone knows what's next. Make your home the place where schedules finally make sense. Skylight Calendar—because family life works better when it's shared. Learn more at myskylight.com.Support for The Bid Picture Podcast comes from Black Rifle Coffee Company, a veteran-founded coffee brand roasting premium beans for people who love a strong start to the day. From bold blends to convenient ready-to-drink cans, Black Rifle Coffee keeps you fueled for whatever's ahead. Check them out at blackriflecoffee.com.Support the show

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