Podcasts about imf

Donald Trump recently announced a new round of tariffs including outrageous ones on Brazil that bring the effective tariff rate to 50%. Forget that we have a surplus with Brazil or that they’re one of the biggest economies in Latin America, one of our closest allies historically and the biggest democracy in South America. Trump’s upset that the Lula administration is targeting his friend Jair Bolsonaro, dubbed the “Trump of the Tropics.” Or so he claims. There’s a lot more to this ridiculous and misguided trade war than hurt feelings and bad economics. It’s about Brazil’s leadership of the BRICS+ alliance that threatens to undermine Trump’s plan to personally become the central banker to the world. Resources Jeffrey Group: Brasil June 6th, 2025 IMF: IMF Staff Completes 2025 Article IV Visit to Brazil OECD: OECD Economic Outlook, Volume 2025 Issue 1 Deloitte: Brazil economic outlook, March 2025 Al Jazeera: Trump’s hefty tariff on Brazil expected to push the country towards China The Guardian - President Lula hits back as Trump tariffs threaten US-Brazil trade showdown VoxDev: Understanding Brazil’s falling income inequality PBS: Argentina secures IMF loan and ends most capital controls in key milestones for President Milei MeidasTouch: Trump’s PANICKED MOVE delivers DEATHBLOW Atlantic Council: The stablecoin race -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

It's been 10 years since Greece elected a radical left government that shook its fist at the EU and IMF in January only to fold in July. We talk about Syriza's moment, the mystique of Yanis Varoufakis and, of course, some armchair socialist counterfactuals. For the full episode subscribe to our bonus feed at Patreon.com/poddamnamerica

- Samourai Wallet Developers Plead Guilty To Unlicensed Money Transmission https://www.therage.co/samourai-wallet-developers-plead-guilty-to-unlicensed-money-transmission/- Tornado Cash Verdict Expected Today https://www.therage.co/the-storm-jurys-dilemma-was-crime-the-goal-all-along/- Spotify users told to prove their age under new rules https://www.the-independent.com/tech/spotify-age-checks-verification-b2798937.html- YouTube's new AI age verification is coming soon — here's what's going to change https://www.tomsguide.com/ai/youtubes-new-ai-age-verification-is-coming-soon-heres-whats-going-to-change- X Implements Age Checking Measures To Align With New Laws https://www.socialmediatoday.com/news/x-formerly-twitter-adds-new-age-verification-measures/754024/ + https://x.com/globalaffairs/status/1927697128219947132- Trump blasts Powell after Fed votes to keep interest rates steady https://thehill.com/homenews/administration/5429281-donald-trump-jerome-powell-interest-rates/- The President's Working Group on Digital Asset Markets Releases Recommendations to Strengthen American Leadership in Digital Financial Technology https://www.whitehouse.gov/crypto/ + nevent1qvzqqqqqqypzquq0mq9wdrsqnmf6jly595nxud0c5j3zd3cf4hzr0tck4wxstfunqqsg4vv7vhcmspkl2uetkme8pyx9thgyskmjg2q3una2hh0n9xdyr7sqyhcj0-Fold and Blackhawk Network Bring Bitcoin to Major U.S. Digital Retail Platforms https://investor.foldapp.com/news-releases/news-release-details/fold-and-blackhawk-network-bring-bitcoin-major-us-digital-retail- AnchorWatch has officially completed its SOC 2 Type 1 audit https://x.com/anchorwatch/status/1950579169877791173- El Salvador | New Insights Reveal Bitcoin DeceptionA new detail buried in an IMF progress report casts doubt on El Salvador's claim that it is “buying one Bitcoin a day.” According to the IMF, “increases in Bitcoin holdings in the Strategic Reserve Fund reflect the consolidation of Bitcoin across various government-owned wallets.” This suggests that President Nayib Bukele's progressively authoritarian government may be reshuffling existing Bitcoin holdings from undisclosed wallets rather than accumulating new Bitcoin. A letter signed by two of El Salvador's top finance officials also confirmed the state has not bought Bitcoin since February 2025. The revelation comes after El Salvador secured a $1.4 billion IMF loan, which required the government to scale back key parts of its Bitcoin policy, including ending tax payments in Bitcoin, phasing out the Chivo wallet, and making private sector acceptance voluntary. While Bukele continues to tout Bitcoin as part of El Salvador's identity, the disconnect between official actions and public messaging calls into question transparency and credibility. FinancialFreedomReport.org- Bitchat 1.2.0 iOS and bitchat android 0.8.1 https://github.com/permissionlesstech/bitchat-android/releases/tag/0.8.1- MSTR Earnings Today0:00 - Intro2:35 - Welcome back to Car Talk10:31 - Zora18:28 - Dashboard20:39 - Samourai34:28 - Age verification46:50 - Gaza story and psyops50:25 - Patriot Act extension and dead internet1:08:13 - Fold + Blackhawk1:11:11 - AnchorWatch SOC 2 Audit1:13:22 - Simplicity Liquid1:20:00 - peer-observer1:24:46 - HRF Story of the Week1:27:44 - Bitchat1:38:05 - Paper bitcoin newsShoutout to our sponsors:Coinkitehttps://coinkite.com/Bitkeyhttps://bitkey.world/Stakworkhttps://stakwork.ai/Follow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martyNewsletterhttps://tftc.io/martys-bent/Podcasthttps://tftc.io/podcasts/Follow Odell:Nostrhttps://primal.net/odellNewsletterhttps://discreetlog.com/Podcasthttps://citadeldispatch.com/

The potential US-China trade war truce depends on US President Donald Trump's approval, and a UN-backed food security group says a famine is unfolding in Gaza. Plus, China's AI expo gives the international community an alternative to American technology, and the IMF's new global growth forecast reflects that the fall of the dollar has lessened the impact of Trump's trade war. Mentioned in this podcast:US says extended trade war truce with Beijing hinges on Trump approval‘Worst-case scenario' of famine unfolding in Gaza, says global hunger monitorChina lays out its AI vision in foil to Donald Trump's ‘America First' plan IMF upgrades global growth forecast as weaker dollar aids world economyCredit: FoxToday's FT News Briefing was produced by Sonja Hutson, Fiona Symon, Mischa Frankl-Duval, and Marc Filippino. Additional help from Blake Maples, Michael Lello, and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

①China and the US have wrapped up two days of trade talks in Stockholm. What are the key outcomes?②The IMF has raised its economic growth forecast for China this year. What's driving this revision? ③Britain says it'll recognize Palestine as a state unless Israel agrees to an "immediate ceasefire" in Gaza. ④Trump sets a new deadline of 10 or 12 days for Russia to act on Ukraine. ⑤China has unveiled childcare subsidies to boost its birth rate. How effective could the policy be?

- Chủ tịch Quốc hội Trần Thanh Mẫn dự và có bài phát biểu quan trọng tại Phiên thảo luận chung tại Hội nghị các Chủ tịch Quốc hội thế giới lần thứ 6 đang diễn ra tại Giơ-ve-vơ, Thụy Sĩ và có các cuộc tiếp xúc quan trọng.- Công an thành phố Hồ Chí Minh cảnh báo hình thức lừa đảo mới với thủ đoạn tinh vi, nguy hiểm, đó là “bắt cóc online”.- Sau Pháp, Anh và 1 số quốc gia tuyên bố sẽ công nhận nhà nước Pa-lét-xtin vào tháng 9 tới tại Đại hội đồng Liên Hợp Quốc.- Quỹ Tiền tệ Quốc tế (IMF) nâng dự báo tăng trưởng của các nền kinh tế mới nổi và đang phát triển.

European equities rebounded yesterday, driven by largely positive earnings, as the IMF upgraded its global growth forecast for this year and next, citing reduced US trade war impact and a weaker US dollar. Meanwhile, Novo Nordisk makes headlines with a 30% share dive on revised sales and profit guidance, and US equities lose steam ahead of today's Fed meeting. For more on the earnings season so far and ahead of the four mega-cap tech stocks that are scheduled for this week, we have Mathieu Racheter, Head of Equity Strategy, on the show.(00:00) - Introduction: Bernadette Anderko, Investment Writing (00:24) - Markets wrap-up: Jan Bopp, Investment Writing (05:55) - Q2 Earnings season update: Mathieu Racheter, Head of Equity Strategy Research (11:32) - Closing remarks: Bernadette Anderko, Investment Writing Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

As trade talks continue between the world's two largest economies in Stockholm, Rahul Tandon hears from Xiaofei Xu of the South China Morning Post on what's at stake in the US–China negotiations. Plus, the IMF has raised its global growth forecasts for this year and next. And, the BBC's Shingai Nyoka travels to Lesotho, the tiny African kingdom unexpectedly caught in the crossfire of the US tariff war, now facing a potential 50% duty on its exports to America.

Germany and Tesla sell. Satoshi hodls and is 12th richest!FEATURING:Dan Eve (https://x.com/Cryptopoly)Ben Arc (https://twitter.com/ArcBtc)Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK:  Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billionshttps://www.nbcwashington.com/news/business/money-report/tesla-dumped-75-of-its-bitcoin-at-one-of-the-worst-times-losing-out-on-billions/3964271/Source: NBC WashingtonGermany's Bitcoin Sale Now Seen as Billion-Dollar Errorhttps://bitbo.io/news/germany-bitcoin-sale-loss/Source: Bit BoPublic companies bought more bitcoin than ETFs did for the third quarter in a rowhttps://www.nbclosangeles.com/news/business/money-report/public-companies-bought-more-bitcoin-than-etfs-did-for-the-third-quarter-in-a-row/3735884/Source: NBC Los AngelesBitcoin to Ethereum: NBA icon Scottie Pippen reveals top 4 crypto predictions for 2026https://www.financialexpress.com/life/technology-bitcoin-to-ethereum-nba-icon-scottie-pippen-reveals-top-4-crypto-predictions-for-2026-3926424/Source: Financial ExpressEl Salvador hasn't bought Bitcoin since February, finance chiefs tell IMF, contradicting Bukele administrationhttps://www.theblock.co/post/363483/el-salvador-hasnt-bought-bitcoin-since-february-finance-chiefs-tell-imf-contradicting-bukele-administrationSource: The BlockSatoshi Nakamoto net worth: Bitcoin's mysterious founder becomes 12th richest person in the worldhttps://www.financialexpress.com/market/cryptocurrency/satoshi-nakamoto-net-worth-bitcoins-mysterious-founder-becomes-12th-richest-person-in-the-world/3913024/Source: Financial Express________________________________________________________________World Crypto Networkhttps://www.worldcryptonetwork.com/On This Day in World Crypto Network Historyhttps://www.worldcryptonetwork.com/onthisday/---------------------------------------------------------------------------Please Subscribe to our Youtube Channelhttps://m.youtube.com/channel/UCR9gdpWisRwnk_k23GsHf

Ten years after Greece's thunderous “NO” to austerity, Yanis Varoufakis sits down with film-maker Raoul Martinez and host Mehran Khalili to revisit that historic showdown with Europe's political establishment. We bust the official myths, look at lessons learned, and spell out what activists across Europe must do next. If you missed the story: Greece elected the anti-austerity Syriza party in early 2015, with Yanis Varoufakis as finance minister. After months of bruising talks with the European Central Bank, IMF and European Commission, the government put the creditors' terms to a 5 July referendum. Sixty two percent voted NO — but days later, Athens agreed to a third “bailout”, Yanis resigned, and Greece was locked into another cycle of cuts that to this day, it still hasn't escaped.  *** SPECIAL OFFER: Use code Storm25 to get 20% off the documentary we discuss in this video, In the Eye of the Storm! https://vimeo.com/ondemand/eyeofthestormenglish *** In this talk, we unpack the new six-part series In the Eye of the Storm – from secret Eurogroup recordings to the street-level activist energy in Athens – and draw fresh lessons on leverage, media war, plan B economics and movement discipline. Whether you marched in 2015 or are gearing up for the next fight, this conversation will arm you with the story behind the headlines and the tactics to win round two. SUPPORT US Join: https://diem25.org/join​  Donate: https://diem25.org/donate Subscribe: https://www.youtube.com/c/DiEM25official 

구윤철, 최종 담판 위해 워싱턴 도착美상무, 한국에 최종협상안 내놔라 촉구미-중, 3차 협상서 '관세휴전 90일 연장' 합의트럼프 "좋은 합의...연내 시진핑 만날 것"이 대통령 "산재 근절 원년, 직 걸어라"당정, 법인세율 25%·대주주 기준 10억원IMF, 한국 성장율 0.8%로 하향김여정 "美, 새로운 접촉출로 모색해야"미 국무부, 북한과 대화 지지 정부 "북미회담 재개 적극 지지"나토 목걸이는 모조품...거액 현금 다발도 나와특검, 尹 오늘도 불응하면 체포영장65세 이상 고령인구 사상 처음 1천만명 넘어영국, 팔레스타인 국가 승인할 것뉴욕 고층 건물에서 총기 난사 See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the IMF says global growth is projected at 3.0% for 2025 and 3.1% in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions.But first, the overnight GDT Pulse dairy prices came in without the signaled drop in WMP prices by the derivatives market. In fact it rose +1% from the prior event. The SMP price however fell -1%. So in fact little net movement.And the Stockholm US-China tariff negotiations are to be extended, essentially ignoring the US imposed August 1 deadline. And the US-EU 'deal' wasn't 'done' as the Whitehouse claimed. More 'horse-trading' is being scheduled.The growth steam is slowly leaking from the Redbook retail index, up +4.9% last week from this time last year. Most of this will be goods inflation.US exports rose +3.4% in June from a year ago whereas US imports were up +0.3% on the same basis. That reduced their merchandise trade deficit to -US$87 bln and back to about where it was at the start of 2024. Without the +11% rise in aircraft exports there would have been little improvement.The number of job openings in the US fell by -275,000 from May to 7.4 mln in June, below market expectations of 7.55 mln. Their quit rate fell to a six month low. Expectations for the July non-farm payrolls are pretty modest at +110,000, taking them back to early 2025 levels.The latest Conference Board survey of consumer sentiment, for July, was little changed. But almost 19% of those surveyed indicated that jobs were hard to get in July, up from 14.5% in January. This group thought inflation was running at 5.8% currently, and is likely to go higher.There was a very well supported US Treasury bond auction overnight, for their seven year Note. But investors still wanted higher yields with the median coming in at 4.06%, up from 3.96% at the prior equivalent event a month ago.But expect rising pressure from the demand side. The US Treasury said during the July - September 2025 quarter, they expect to borrow US$1.007 tln in privately-held net marketable debt, assuming an end-of-September cash balance of US$850 bln - which may be optimistic. This new borrowing estimate is +US$453 bln higher than they announced in April so it is rising faster than even they expected, primarily due to the lower beginning-of-quarter cash balance and projected lower net cash flows.In Europe, the latest ECB survey of inflation expectations has them well contained, coming in at 2.6% for the year ahead, the lowest in four months. Policymakers there are not battling high inflation expectations.Later today, Australia will release its Q2 CPI inflation rate, expected to be 2.2% and down from the 2.4% in Q1-2025.The UST 10yr yield is now at 4.33%, down -9 bps from yesterday.The price of gold will start today at US$3,327/oz, up +US$18 from yesterday.American oil prices have risen +US$2.50 at just under US$69/bbl with the international Brent price is now at just over US$72/bbl.The Kiwi dollar is now at 59.6 USc and down -10 bps from yesterday. Against the Aussie we are down -20 bps at 91.4 AUc. Against the euro we are up +10 bps at 51.6 euro cents. That all means our TWI-5 starts today at just on 67.5, down another -10 bps from yesterday.The bitcoin price starts today at US$117,725 and essentially unchanged (+US$61) from this time yesterday. Volatility over the past 24 hours has remained low at just on +/-0.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

In the early 20th century Argentina was one of the world's richest countries. For most of the past 50 years, it has been an economic disaster. But after nine debt defaults, 23 IMF programmes and two years of triple-digit annual inflation, the country's radical libertarian president, Javier Milei, has steadied the ship. How has Milei revitalised the economy? Can he persuade investors to trust Argentina again? And, most crucially, can his transformation last? The FT's Latin America editor, Michael Stott, discusses with Alejandro Werner, former head of the IMF's western hemisphere department, founding director of the Georgetown Americas Institute, and fellow of the Peterson Institute for International EconomicsClips: Sky Australia, Javier Milei via Storyful/ELPELUCAMILEI, Global News, Poder360Want more? Free links:Javier Milei's risky bet on a potent pesoTory leader Kemi Badenoch says she is Britain's Javier MileiJavier Milei lowers Argentina's monthly inflation below 2% for first time since 2020Michael Stott is the FT's Latin America editor. You can find his articles here: https://www.ft.com/michael-stott Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Michael Stott. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT's acting co-head of audio. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

16.00 IMF เตือนทุนสำรองอาร์เจนตินาต่ำถึงขั้นวิกฤต แนะเร่งฟื้นเสถียรภาพทางการเงิน

The ruling party's push for an opposition ban, a deadly shooting in Batumi, uranium sale, the IMF's report on the Georgian economy, Justin Timberlake in Tbilisi, and much more! Thanks for tuning in!Let us know what you think and what we can improve on by emailing us at info@rorshok.com You can also contact us through Instagram @rorshok_georgia or Twitter @RorshokGeorgiaLike what you hear? Subscribe, share, and tell your buds.We want to get to know you! Please fill in this mini-survey: https://forms.gle/NV3h5jN13cRDp2r66Wanna avoid ads and help us financially? Follow the link: https://bit.ly/rorshok-donateOops! It looks like we made a mistake. In 5:33, the reader should have said, "ruling party."Sorry for the inconvenience!

GB2RS News Sunday the 27th of July The news headlines: RSGB confirms more speakers for its Convention in October Get involved with the RSGB LoRa high-altitude balloon challenge The RSGB releases a high-contrast logbook to improve accessibility  The RSGB has shared details of more presentations that you can enjoy at its Convention in October. If you'd like to broaden your technical knowledge, you'll enjoy presentations by Bob Burns, G3OUU, on ‘Getting the most from an oscilloscope' and ‘Ladder crystal filter design'. As part of the Society's focus on supporting modern amateur radio operating practices, Paul Galwas, M0WLG, will be discussing ‘Can we ‘DX' over an IoT mesh?'. The comprehensive programme of speakers also includes Dr Marcus Walden, G0IJZ, who will explain the numerical modelling of the historical Grimeton VLF antenna, and Paul Beaumont, G7VAK, who will take ‘A brief look at Number Stations: 1950 to the present'. With even more captivating and thought-provoking speakers already confirmed, you'll need to purchase a ticket to guarantee attendance. Buy your tickets before Monday, the 11th of August, to ensure you receive early-bird ticket pricing. Tickets are available to purchase via rsgb.org/convention National Coding Week takes place in the third week of September, and the RSGB is once again dedicating a whole month to amateur radio and coding activities. As part of the Society's strategy to encourage practical skills development, it is inviting you to take part in its LoRa high-altitude balloon challenge. The project has been developed by the RSGB Outreach team and takes place on Saturday, the 20th of September. The balloon will be equipped with a LoRa digipeater, and your challenge is to follow the instructions provided and build a LoRa tracker. If your tracker build is successful, it will beam up packets to the airborne relay, which will transmit them to a local i-gate. Your goal is to get your signal the furthest distance from the launch. Anyone can enter, but to win one of the prizes, you need to be an RSGB member. Get involved as a single operator or as a team in your RSGB-affiliated club. The RSGB is delighted that Moonraker is sponsoring this event and will award a £200 Moonraker voucher to the winner of each category. Find out how to get involved with this exciting LoRa event by going to rsgb.org/lora-balloon The RSGB is proud to announce the release of a new high-contrast logbook designed to support amateur radio operators with visual impairments or learning difficulties. Responding to feedback from members and accessibility advocates, the RSGB developed the logbook with wider spacing and a high-contrast black-and-yellow design to improve ease of use. This release reflects the RSGB's wider commitment to improving accessibility across all areas of the Society and amateur radio as a whole. The organisation continues to explore ways to make the hobby more inclusive and user-friendly for all participants. This version will be available through Amazon and is expected to be a useful addition for both seasoned operators and newcomers looking for a more accessible logging option. As part of its long-term vision, the RSGB is looking to recruit a dedicated team to assess and enhance accessibility throughout the Society and help shape a more inclusive future for amateur radio. If you're interested in contributing to this important initiative, please email RSGB Board Director Nathan Nuttall, 2M0OCC, via 2m0occ@rsgb.org.uk Since the launch of its DMR project in May, the RSGB Outreach team is delighted that four schools and one homeschool have signed up. The project aims to help young people get on the air and build their confidence in making QSOs. Each of the successful applicants will be loaned a TYT DMR handheld radio and a Pi-Star-based hotspot. The RSGB Youth Chair and Youth Champion for Schools, Chris Aitken, MM0WIC, is supporting two new school amateur radio clubs that have chosen this as an entry-level activity for their club members. DMR is particularly useful in a school club scenario where antenna placement is a challenge and can be easily deployed, giving young people access to the world. During the summer holidays, the DMR handsets will be used at the West Sussex International Jamboree with Regional Representative 10, Simon Harris, G4WQG, attending the event and Wick High School Radio Club member Jacob, MM7IFL, supporting remotely via DMR. Listen out for further updates after the summer when the RSGB plans to get a youth net operational on Brandmeister Talk Group 23554. The net aims to encourage young operators to get on the air and become comfortable with QSO structure and general rag-chewing. If you want to start a school club or are interested in being part of the DMR project, email Chris via youthchampion.school@rsgb.org.uk The prospect of a USA constellation of 240 commercial satellites that would use 430 to 440MHz for wideband control and telemetry has prompted an unprecedented response from the amateur radio community to a Federal Communications Commission, or FCC, consultation. FCC Proceeding 25-201 would see AST SpaceMobile utilise much of 430 to 440MHz for downlinks, as well as a series of ground stations around the world. The RSGB and several other IARU member societies, along with the ARRL and over 2,000 individuals, have submitted comments to this consultation. The IARU itself has also issued a statement on the matter. Links for this, including the RSGB response, can be found on the RSGB website. Go to rsgb.org/spectrumforum and then choose the ‘Papers and consultations' option in the right-hand menu. Following the main submission deadline of the 21st of July, the FCC process has further phases to go through. Amateur radio operators are invited to take part in a special operating event in August, celebrating the rich history of the UK's wartime and Cold War airfield bunkers. AFB25 – that's Airfield Bunkers 2025 – is a nationwide activity taking place from Friday the 1st to Sunday the 31st of August. Organised by UK Bunkers on the Air, or UKBOTA, the event encourages amateurs to activate historic airfield sites with known bunker installations. All bands and modes are welcome. Special recognition awards will be given for activators, hunters and shortwave listeners' efforts. To learn more, including how to participate and which locations qualify, visit tinyurl.com/AFB-2025  And now for details of rallies and events Wiltshire Radio Rally is taking place today, Sunday the 27th, at Kington Langley Village Hall, Church Road, Kington Langley, SN15 5NJ. The doors open for traders at 7 am and 9 am for visitors. Refreshments are available on site. You can find out more by visiting chippenhamradio.club Part 1 of the BATC Convention for Amateur TV 2025 is taking place on Sunday, the 3rd of August at Midland Air Museum in Coventry. The doors will be open from 10 am to 4 pm. The Convention will include show and tell, test and fix-it, and bring and buy. Also, on Sunday, the 3rd of August, King's Lynn Amateur Radio Club Rally is taking place at Gaywood Community Centre, PE30 4EL. The doors will open at 9 am and the entrance fee will be £2.50. An outdoor trader's stall costs £8, and an indoor one is £10. To book, email rally.klarc@gmail.com or call 07709 074 951. Now the Special Event news Special callsign 5P0TA will operate from Bornholm Island, EU-030, from the 31st of July to the 3rd of August in connection with this year's European Ham Radio Show meet-up event. Both presenters and viewers of The European Ham Radio Show on YouTube will gather with the goal of activating all of the POTA parks on Bornholm Island within four days. Both 5P0TA and the participants' own call signs will be used. They are aiming to use as many modes and bands as conditions allow. Attending from the UK are Charlotte, 2M0LVY and Steve, M1SDH. If you hear them on the air, give them a call! Throughout 2025, José, HP2AT, is using the special callsign H82AT to celebrate his 35th anniversary in amateur radio. Recently, the station has been spotted on the HF bands using CW, FT4 and FT8. All QSOs will be uploaded to QRZ.com, Club Log, eQSL and Logbook of the World. Paper cards will not be available. Now the DX news Today, the 27th, is your last chance to catch the IP1X team, which is active from Gallinara Island, EU-083. The team is using CW and SSB on the 80 to 10m bands. QSL via OQRS, via the Bureau or directly to IU1JCZ. More information is available at QRZ.com Red, DL1BUG is active as TY5FR from Cotonou, Benin, in West Africa until the 6th of August. He is operating using CW and SSB on the 80 to 10m bands. QSL via Club Log's OQRS, Logbook of the World or via Red's home call. Now the contest news Today, the 27th, the UK Microwave Group 5.7 and 10GHz Contest runs from 0600 to 1800UTC. Using all modes on 5.7 and 10GHz frequencies, the exchange is signal report, serial number and locator. The RSGB IOTA Contest started at 1200UTC on Saturday, the 26th and ends at 1200UTC today, Sunday, the 27th of July. Using CW and SSB on the 80 to 10m bands, where contests are permitted, the exchange is signal report, serial number and IOTA reference. On Monday, the 28th, the RSGB FT4 Series Contest runs from 1900 to 2100UTC. Using FT4 on the 80 to 10m bands, where contests are permitted, the exchange is your report. On Saturday, the 2nd of August, the EU HF Championship runs from 1200 to 2359UTC. Using CW and SSB on the 80 to 10m bands, where contests are permitted, the exchange is signal report, serial number, locator and the last two digits of the year you were first licensed. Also on Saturday, the 2nd of August, the RSGB 4th 144MHz Backpackers Contest runs from 1400 to 1800UTC. Using all modes on the 2m band, the exchange is signal report, serial number, locator and two-letter postcode. On Saturday, the 2nd, the 144MHz Low Power Contest runs from 1400 to 1800UTC. Using all modes on the 2m band, the exchange is signal report, serial number and locator. On Sunday, the 3rd, the 432MHz Low Power Contest runs from 0800 to 1200UTC. Using all modes on the 70cm band, the exchange is signal report, serial number, locator and two-letter postcode. The UK Six Metre Group Summer Marathon started on Saturday, the 3rd of May and ends on Sunday, the 3rd of August. Using all modes on the 6m band, the exchange is your four-character locator. Now the radio propagation report, compiled by G0KYA, G3YLA and G4BAO on Thursday the 24th of July It was a bit of a mixed bag last week. The first half saw settled geomagnetic conditions, but from the 22nd of July, we had a disturbance thanks to output from a solar coronal hole. This saw the Kp index rise to 4.67 and ultimately 5. The stream from the Sun reached around 730 kilometres per second, while the Bz component of the interplanetary magnetic field, or IMF, was mostly neutral with a few brief periods when it pointed slightly south. So, its effects were perhaps not as bad as they could have been. The coronal hole has now rotated out of view, so we may have some better days. Meanwhile, the solar flux index has been in the range of 140 to 150, which is pretty good. There were no M-class or higher solar flares over the past week, which is unusual. So overall, HF propagation was humming, at least until the Kp index hit 5. Maximum useable frequencies, or MUFs, over a 3,000km path during daylight continue to be around 21MHz, but often dip to 18MHz at times. Nighttime conditions can be variable. If the 14MHz band isn't open for you, try 10MHz. Earlier in the week, some daytime tests with WSPR on the 20m band saw stations logged from Australia and the far west of Canada. DP0POL, the Polarstern research vessel doing work in the Artic, was also logged. Next week, NOAA predicts that the solar flux index may decline slightly to be in the range of 130 to 135. Geomagnetic conditions are predicted to be settled until the 1st of August, when the Kp index could rise to 4. This period of unsettled conditions, with reduced MUFs, could last until the 4th of August. And now the VHF and up propagation news from G3YLA and G4BAO We will see the return of a weak ridge of high pressure today. This will last until the middle of the coming week. The second half of the week will be a little more unsettled with some occasional spells of rain. This suggests that some Tropo is possible, before a gradual swap over to rain scatter. However, high pressure near the Azores may still influence the western side of Britain. This week will see the peak of two meteor showers, the Alpha Capricornids and Delta Aquariids. These are worth checking out, if only to get your practice time in before one of the major showers of the year – the Perseids on the 12th and 13th of August. Barely a day passes without some auroral alert, and this can be an exciting mode. Several good indicators are available, such as when the Kp index is above 5, or watery-sounding signals on the 40 and 20m bands. If you hear these, try looking north on the 6, 4 or 2m bands. Sporadic-E continues to be mentioned on the clusters somewhere in Europe on most days. But remember that it's a very localised mode and is rarely available for everyone at the same time. The best way to track it down is to use the clusters and a good list of beacons, to see who your ‘locals' are working on FT8. It's a very hit-and-miss mode. Meteor activity is a good indicator, whereas a high Kp index is a bad one. Whether it happens is often a balance between many opposing components. So, even a potentially good day may not be good where you are. The good news is that the last openings of the summer can occur into the first week of September. Moon declination is still positive but going negative again on Tuesday, the 29th. Moon windows and peak elevation will reduce. Path losses are rising now as we are past perigee. 144MHz sky noise starts the coming week low but will rise to moderate by the weekend. And that's all from the propagation team this week.

Mentor Sessions Ep. 021: Bitcoin's Fight for Freedom: Alex Gladstein on Human Rights, IMF Debt Traps, and the Trojan Horse EffectWhat if Bitcoin isn't just for Wall Street, but a shield for freedom and human rights? In this explosive BTC Sessions interview, Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation, unveils how Bitcoin empowers activism, defies censorship, and challenges the IMF's debt traps. From broken economies to authoritarian regimes, it's not about getting rich—it's about surviving inflation, tyranny, and financial oppression. Gladstein reveals how giants like Vanguard and BlackRock adopting Bitcoin unknowingly spread decentralization and freedom technology, acting as a Trojan horse against the International Monetary Fund's predatory system. Discover how Bitcoin could free nations and individuals from debt traps, reshaping global finance and human rights. Ready to escape the fiat matrix? Watch now for a mind-blowing take on Bitcoin's revolutionary power!Key Topics:• Bitcoin as an activist tool• Censorship resistance and decentralization• The IMF's debt trap history• Trojan horse effect of institutional adoption Chapters:• 00:00:00 - Intro: Bitcoin's Role in FreedomGladstein on Bitcoin as a tool for activism and dissidents.• 00:01:27 - Beyond Tech Bros: Bitcoin for AllWhy Bitcoin isn't just for the privileged.• 00:03:39 - Financial Privilege ExposedHow financial privilege blinds critics to Bitcoin's value.• 00:06:43 - Censorship Resistance in ActionBitcoin's power for activists under oppressive regimes.• 00:14:20 - Oslo Freedom Forum InsightsStories of censorship resistance from activists.• 00:32:14 - IMF Debt Traps UnveiledThe IMF's predatory lending and debt trap legacy.• 00:52:46 - Bitcoin vs. IMF: El Salvador's FightCan Bitcoin free countries like El Salvador from the IMF?• 00:59:01 - Trojan Horse of FreedomHow adoption drives decentralization and freedom.• 01:00:50 - Bitcoin's Unstoppable FutureWhy governments can't stop Bitcoin's rise.• 01:02:31 - Open-Source Money's PowerThe gift of Bitcoin's programmability.• 01:03:05 - Closing: Get Involved TodayGladstein's call to join the Bitcoin revolution. About Alex Gladstein:• Chief Strategy Officer, Human Rights Foundation• Twitter: @gladstein• Website: https://hrf.org/ Donate: https://hrf.org/btc/⚡ POWERED by @Sazmining — the easiest way to mine Bitcoin and take control of your financial future. ⛏️You own the rig

Last week UK economic data painted a mixed picture, with inflation and labour market dynamics pulling in opposite directions. Headline inflation unexpectedly rose to 3.6% in June, driven by higher food and wage costs, prompting criticism of Labour's tax policy. However, unemployment climbed to a four-year high of 4.7%, while job hiring fell sharply and wage growth moderated - bolstering expectations for a potential Bank of England (“BoE”) rate cut in August. BoE Governor Andrew Bailey signalled a willingness to ease policy if labour weakness persists, although policymaker Catherine Mann warned inflation remains above target. Meanwhile, Bailey voiced concerns over Donald Trump's tariff plans, citing risks to global economic stability, and stressed the International Monetary Fund's (“IMF”) role in addressing imbalances...Stocks featured:Barrett Redrow, Experian and Intermediate Capital GroupTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

European countries have committed to higher defence spending to face down Russian aggression. But preparing for war isn't cheap – and in many countries, budgets are already stretched. How will European members of Nato hit their defence targets, a hefty 5% of GDP? Will EU states look beyond their own national champions, and commit to greater co-operation on defence funding and purchases? And what kind of new institutions would be necessary to make that happen? To find out, Sam Fleming speaks to Jeromin Zettelmeyer. He is the director of the Brussels-based think tank, Bruegel, and has previously held senior roles at the IMF, the Peterson Institute, and in the German Ministry for Economic Affairs and Energy. Clips: BBC, Bloomberg Television, European Commission, French Armed ForcesSam Fleming is the FT's economics editor. You can find his articles here: https://www.ft.com/sam-flemingSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Sam Fleming. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT's acting co-head of audio. Original music from Breen Turner, and sound design by Breen Turner & Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In this episode of Breaking History, Matt Ehret and Ghost explore how the Western political and financial elite have gaslit the public into believing in a moral high ground that doesn't exist. They contrast this with the rise of Eurasian cooperation, highlighting how Russia, China, and parts of the Global South are pursuing multipolar strategies based on real infrastructure, mutual benefit, and national sovereignty. The hosts dig into France's recent declaration to reintroduce conscription and what it signals about NATO's desperation, alongside the fading credibility of the UN and EU. Meanwhile, they examine how countries like Indonesia, India, and Saudi Arabia are quietly shifting toward BRICS and the Belt and Road Initiative, rejecting IMF austerity in favor of development-driven partnerships. Also discussed is the spiritual dimension of this geopolitical divide: the West's moral decay versus the East's emphasis on cultural and civilizational revival. The episode closes with reflections on how controlled revolutions, color movements, and financial sabotage are tools of empire, and why rejecting false dialectics is the first step toward real sovereignty. This is a sharp, global analysis of a world at the tipping point.

The "debt trap" meme claims that China is intentionally lending vast sums of money to poor developing countries in Africa, and elsewhere, with the express intent to seize physical assets in those countries when they inevitably can't repay their debts. This fanciful narrative sounds compelling, but the problem is that there's literally no evidence from the past twenty years since China became the world's largest bilateral creditor to support the claim. It just isn't true. The reality of how China actually secures its loans to these countries is far more complicated. Anna Gelpern, a law professor at Georgetown University, and Brad Parks, executive director of AidData, a development finance research institute at the College of William & Mary, were part of a team of experts that did an extensive forensic analysis of 620 Chinese loans spanning more than 20 years that revealed the financial methods Beijing employs to guarantee these debts. Anna and Brad join Eric to discuss the findings from their new report, "How China Collateralizes." SHOW NOTES: AidData: How China Collateralizes by Anna Gelpern, Omar Haddad, Sebastian Horn, Paulina Kintzinger, Bradley C. Parks, Christoph Trebesch AidData: How China Lends: A Rare Look into 100 Debt Contracts with Foreign Governments by Anna Gelpern, Sebastian Horn, Scott Morris, Brad Parks, Christoph Trebesch JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander  Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH AND ARABIC: Français: www.projetafriquechine.com | @AfrikChine Arabic: عربي: www.alsin-alsharqalawsat.com | @SinSharqAwsat JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth  

Is El Salvador's Bitcoin success story actually fake? The IMF just made bold claims that raise serious questions—and what's really going on behind the scenes could shock the entire crypto world.BOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/—------------------------------FOLLOW Simply Bitcoin & BTC Sessions on other channels:Simply Bitcoin on Youtube: youtube.com/@simplybitcoinSimply Bitcoin on X: x.com/simplybitcointv Nico on X: x.com/bitvoltBTC Sessions on X: x.com/BTCsessions—------------------------------SHOW SPONSORS:BITCOIN WELL BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://store.coinkite.com/promo/BTCSessions AQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCpCRYPTOCLOAKShttps://qrco.de/bg5Dvo#btc #bitcoin #crypto

Ghanaian President John Mahama has launched the bold 24-hour economy plan, promising 1.7 million jobs by 2029. With a $4 billion price tag and up to $400 million in seed funding, the initiative targets productivity in agriculture, manufacturing and essential services. But after a debt default and a $3 billion IMF bailout, is Ghana ready to power through the night?

You can now text us anonymously to leave feedback, suggest future content or simply hurl abuse at us. We'll read out any texts we receive on the show. Click here to try it out!Welcome back to Bad Dads Film Review! This week we're hanging off helicopters, sprinting across rooftops, and disarming nuclear bombs with the pulse-pounding Mission: Impossible – Fallout (2018). Strap in as we break down the sixth entry in the franchise that somehow keeps getting better with age — just like Tom Cruise's running form.Directed by Christopher McQuarrie, Fallout is a masterclass in high-octane action, espionage, and what happens when your best-laid plans go completely off the rails. Picking up where Rogue Nation left off, the film follows IMF agent Ethan Hunt (Tom Cruise) as he races to recover stolen plutonium and prevent a global catastrophe, all while being shadowed by CIA operative August Walker (a moustachioed Henry Cavill in full-blown hammer-mode).Mission: Impossible – Fallout is everything you want from a blockbuster: smart, stylish, and absurdly entertaining. It's the kind of movie that reminds you why the cinema was invented — big screen thrills, practical effects, and heroes just trying to do the right thing, even when the odds are impossible.Perfect for older teens and up, it's a great gateway to the M:I franchise or a highlight for returning fans. Just be warned — you may find yourself trying to reload your arms like Cavill afterwards.An action film operating at the absolute peak of its powers, Fallout proves that this franchise isn't slowing down anytime soon. In fact, it might just be the best of the bunch.

"Either you don't have a fiat currency or you don't have a democracy. But the two things together, and this has been proven, cannot coexist happily without the complete erosion of purchasing power of a civilization and the complete erosion of an empire - which is exactly what has occurred and what has occurred throughout history.The natural bedfellow for a fiat economy is a dictatorship.The natural bedfellow for bitcoin is democracy."~ Daniel BattenIn this episode I sat down with Daniel Batten, who discovered Bitcoin's environmental benefits before grasping its economic power, and his journey reveals something profound about the nature of fiat money itself. How did we become trapped in a desire-based economy that rewards consumption over saving? Daniel traces this back to the 1920s propaganda campaigns that transformed capitalism from meeting needs to manufacturing wants—and explains why Bitcoin might be the antidote to a century of psychological manipulation. But here's what really caught my attention: if the natural state of fiat is dictatorship, what does that mean for small nations trying to maintain sovereignty? From Bhutan's quiet accumulation of Bitcoin worth nearly half their GDP to Pakistan's strategic pivot away from IMF dependency, we're witnessing a fundamental shift in global power structures. Are we watching the end of financial colonialism? And could Bitcoin mining on landfills actually turn the waste of Western civilization into the foundation for sound money? This conversation will change how you think about money, consumption, and what it really means to fix the incentives. Check out our awesome sponsors! Ledn: Need fiat but don't want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://ledn.io) HRF: Subscribe for free to HRF's Financial Freedom Report to stay updated on our latest work advancing freedom tech and defending human rights around the world. (Link: https://hrf.org/financial-freedom-reports/) OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/) Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don't forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org/)

ኣብ መቐለ ብቀሊል ሓደጋ ነፋሪት ዝተጎድኡ 2 ሰባት ተሓኪሞም ተፋንዮም። ካብ ኣዲስ ኣበባ ዝተልኣኹ ኣሸማገልቲ ኣብ መቐለ ዝርርብ ኣካይዶም። ፕረዚደንት ጀነራል ታደሰ ወረደ ጉዳይ ተመዛበልቲ ብዓይኒ ሰብኣውነት ክፍጸም ሓቲቱ። ተምሃሮ ኣባላት 37 ዙሪያ ሳዋ፡ 12.2% ንዲግሪ 7.59% ንዲፕሎማ መሕለፊ ነጥቢ ረኺቦም። ትካል ገንዘብ ዓለም IMF ንኣንፈት ቁጠባዊ ፅገና ኢትዮጵያ ኣጠንቂቑ።

Public resistance to new policies often leaves policymakers scratching their heads. What seems a perfectly reasonable policy to a government is often perceived by its citizenry as regressive. Stefanie Stantcheva's multidisciplinary approach to research digs deep into the minds of people at the receiving end to help design better policies. Stantcheva is a professor of economics at Harvard University, and this year's recipient of the prestigious Clark Medal, awarded by the American Economic Association for the most significant contributions to economic thought by an economist under 40. She sat down with journalist Rhoda Metcalfe to discuss how tax policy impacts innovation for the IMF series on extraordinary Women in Economics. Transcript: https://bit.ly/453h1ku

Watch on Philo! - Philo.tv/DTHThe president reaches out to thank Ethan and tells him that she wants him to bring her the key because if he gets rid of the Entity by himself, it would destroy cyberspace.  So he goes to meet up with Benji and go find Luther in a tunnel to figure out what's next, where Luther is hanging out with a hospital bed. They discuss that they need to find Gabriel, so that starts by breaking Paris out  She tells him to go to London but instead Gabriel captures them and explains to Ethan that retrieving Rabbits Foot actually set off this whole chain reaction. Ethan and Grace escape with Ethan faking his death and then him just going ham on some dudes.  They discover a device that Gabriel used to communicate with the Entity, this coffin-looking thing. He gets in and it's not good. It shows Ethan a vision of a coming nuclear apocalypse. He sees a vision of Luther dying, so he goes to try to stop him but it's too late. Gabriel put him in a cell with a bomb in it. He has 3 minutes to disarm or London will fall. If he does disarm it, it'll still explode but smaller so only Luther will die  When Ethan gets out of the tunnel, he runs into Briggs who arrests him. Ethan tells him he knows he's really the son of Jim Phelps. He tells Ethan this isn't about revenge. It's about Ethan never following orders and gambling with the fate of the world.  He's taken to  Kittridge who tells him it all comes down to this. They have less than 4 days to stop the Entity before it has the entire world's nuclear weapons.  He's taken into a room and President Sloan shows up. He says he needs the key and a plane. It's the only way he can destroy the Entity. The Entity is betting on you not trusting me  She finally gives in, gives him the key, and card that he'll know what to do with it when the time comes.  Ethan's team travels to St. Matthew Island in the Bering Sea, home to a Cold War–era sonar array that detected the Sevastopol's sinking. They locate former CIA analyst William Donloe, who was exiled to the island decades earlier after a break-in at CIA headquarters. They're supposed to share on a frequency where Ethan is supposed to go. But they have visitors.  Ethan can't wait anymore, so he just jumps in the ocean. Luckily, divers from the USS Ohio were waiting for him and they take him down to the sub.  Donloe admits that he wrote down the coordinates. He sends his wife out to the barn to “tend to the dogs” with Grace while he sends the coordinates then a fight and fire break out with the Russians. They successful get the USS Ohio the coordinates.  The captain of the USS Ohio explains they can't stick around cuz of the Russians. Ethan says their chamber was never apart of the plan.  Luckily, Grace is given a chamber from Donloe's wife.  Ethan makes it down to the submarine and it's not going great because it's on the edge of a cliff and it keeps moving which is tough. He is able to get the source code, but he has to escape through a torpedo tunnel which is too tight, so he has to take off the suit and then take off the mask. He makes it to the top but he's unconscious. Grace finds him and is able to cpr him back to life. She lays with him in the chamber until he wakes up.  Grace tells Ethan that she thinks he should control the Entity. He says no one can be trusted with this much power.  Now reunited with his team, they work on the next plan. Ethan outlines his plan to use the Poison Pill that Luther made before he died that is now in the hands of Gabriel. They would then upload and isolate the Entity on a physical drive, trapping it from the outside world. Ethan suspects Gabriel is already waiting at the South African bunker with the Poison Pill, aiming to seize control of the Entity by forcing Ethan to surrender the module. But that's what Ethan is banking on.  The president is running out of time and her team is trying to convince her to use their nucular bombs before it's too late.  Ethan prepares to enter the tunnel, expecting Gabriel to be there and fully ready to let Gabriel kill him for the sake of the plan.  Gabriel is indeed there and  reveals another nuclear device with a twenty-minute countdown, demanding the module. Ethan agrees, but the handover is interrupted by Kittridge & Briggs who wants the U.S. to control the Entity.  The bomb is activated when they show up which is unfortunate. Ethan explains they need to give the module to Gabriel.   A gunfight transpires with Gabriel's team and he is able to flee and Benji is shot but Ethan doesn't know it.  Ethan gets to a vehicle to chase Gabriel but it crashes so he has to run to catch up. He's late but he is able to grab onto a trailing plane which catches up to Gabriel's plane. He jumps off his and onto Gabriel's.  Paris performs emergency surgery on Benji as he guides Grace to reboot the bunker systems to trap the Entity while Donloe works to disarm the bomb.  Right as the president is about to press the button to make the attack, she decides to rather take our weapons offline but she's too late. The Entity takes control.  Ethan finds a second parachute, escapes with the Poison Pill, and unites it with the module, allowing Grace to finish the upload. Kittridge and CIA agent Jasper Briggs find Ethan; Kittridge is frustrated when Ethan hands over the destroyed module of the Sevastopol while Briggs — who is revealed to be James Phelps Jr., the son of Ethan's original team leader Jim Phelps — makes peace with him. The IMF team reunites in London, where Grace gives Ethan the Entity, now safely isolated on the drive, and the team goes their separate ways. 

In this episode of The Ethics Experts, Nick welcomes Pat Poitevin.Mr. Pat Poitevin is an internationally recognized expert in anti-corruption, corporate ethics, and compliance. He is the co-founder and executive director of the Canadian Centre of Excellence for Anti-Corruption (CCEAC). He is also co-founder & CEO of the boutique advisory firm Active Compliance and Ethics Group (ACEG). Mr. Poitevin is a 35-year veteran of the Royal Canadian Mounted Police and retired in October 2017, where he was the RCMP's anti-corruption and compliance expert. He has also been an investigator and expert on drugs, organized crime, and financial crime. He is in demand as a speaker, university lecturer, and trainer at the international level and has extensive experience in program development and capacity building. Mr. Poitevin has been advising and helping public and private organizations to improve their ethics, compliance, and anti-corruption measures. Mr. Poitevin has also worked on research, consultative, and advisory projects with the G20, UNODC, and the IMF. He was a member of the Canadian Project Committee (PC278) involved in the development of the ISO 37001 Anti-bribery and ISO 37002 Whistleblowing Management systems standard as well ISO 42001 AI Management systems. He is a member of the Transparency International Expert Network, ACFE, IAFCI, AACI, and several other professional associations. He also has the CACM and TASA professional designations. He is a member of Transparency International Canada and a Certified Anti-Corruption Manager (CMAC-USA).Connect with Pat on LinkedIn: https://www.linkedin.com/in/patpoitevin/

In this Lecture Renaldo continues to discuss Caribbean development or lack therefore in light of PM of Jamaica's announcement about the reduction in poverty. Renaldo explores the reason behind this with the chinese investment. But will this last? Renaldo discuss in his preamble to the Lecture on "Neoliberalism" and the Film "Life and Debt" about Jamaica and the Caribbean's relationship with the IMF and the Neoliberal regime of the Washington Consensus. Renaldo Mckenzie is the Author of Neoliberalism, Globalization, Income Inequality, Poverty and Resistance and is a Professor at Jamaica Theological Seminary. Renaldo is a graduate of University of Pennsylvania and is at Georgetown University completing his doctorate. Renaldo is President of The Neoliberal Corporation and Creator and Host of the Neoliberal Round Podcast.Renaldo has two new powerful Op-eds that will be published next week on religion and Castro. Visit us: https://theneoliberal.comSubscribe on any stream. Find yours here: https://anchor.fm/theneoliberal.Donate to us: https://www.paypal.com/donate/?hosted_button_id=USSJLFU2HRVAQEmail us at renaldocmckenzie@gmail.com

This Flashback Friday is from episode 345, published last November 5, 2013. Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association. In 1999 Karen reported the corrupt take-over of the second largest bank in the Philippines. The Bank's Country Director in the Philippines reassigned Karen when she asked him to sign a letter warning the Philippines' government that the Bank could not disburse its loan. Two days after informing the Board's Audit Committee of the cover-up in the Philippines, Karen was reprimanded and placed on probation. The Chair of the World Bank's Audit Committee requested an inquiry into the World Bank's Institutional Integrity Department. The Senate Committee on Foreign Relations followed up with three letters to the World Bank. The World Bank forged documents and fired Karen in contempt of Congress. In 2007 Karen advised the US Treasury Department and US Congress that the US would lose its right to appoint the President of the World Bank if the current American President of the World Bank did not play by the rules. The 66 year old Gentlemen's Agreement that Europe would appoint the Managing Director of the IMF and US would appoint the World Bank President ended in 2010.   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Wars don't just happen. They're planned.Crises aren't random. They're designed.In this explosive conversation, Air Marshal Sanjeev Kapoor reveals how global power is played like a rigged game, and who's winning.Who's really in charge of the chaos we see across the world?From America's foreign policy games to the IMF's Pakistan bailouts, from Trump's psychology to Israel's influence, this conversation connects the dots no one wants to talk about.

If we focus on the cutting edge of AI implementation, we're also focusing on a small set of technologically advanced countries. How will AI affect work in the rest of the world, what should those countries do to prepare, and how can they make best use of the technology? Giovanni Melina of the IMF is one of the authors of two papers that calculates both the exposure of jobs to AI around the world, and the readiness of those countries to meet the challenge of using AI effectively at work.  He talks to Tim Phillips about the extent of the exposure to AI in emerging markets and developing countries, whether those countries have the infrastructure to implement applications of the technology, and the policies that would be most effective to increase their preparedness. 

US President Donald Trump has threatened heavy tariffs on BRICS, claiming the organization is "dead", but it is actually growing in size and influence. 10 members and 10 partners participated in the 2025 BRICS summit in Brazil, where they discussed plans for dedollarization, trade and investment in national currencies, and how to create a more multipolar global order. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=SmR03QFdhfs Topics 0:00 Trump attacks BRICS 0:25 (CLIP) Trump claims "BRICS is dead" 1:16 BRICS is growing 1:49 BRICS: 10 members & 10 partners 2:26 BRICS: 44% of global GDP (PPP) 2:41 BRICS: 56% of world population 2:55 Vietnam joins BRICS 3:27 Cuba joins BRICS 4:11 Mexico attends BRICS summit 4:58 Trump threatens tariffs on BRICS 6:07 Trump doesn't understand BRICS 6:21 (CLIP) Trump claims Spain is in BRICS 6:58 Lula: World doesn't want an "emperor" 8:03 Dedollarization 8:31 (CLIP) Trump threats to save US dollar 8:48 BRICS promotes dedollarization 9:54 Brazil challenges US dollar dominance 10:44 New Development Bank (NDB) 11:03 US meddling in Colombia 11:50 US-backed coup in Bolivia 13:01 US-backed judicial coup in Brazil 13:40 BRICS trade in local currencies 14:38 Dedollarization: slow and steady 15:29 Dedollarization in BRICS declaration 17:32 IMF alternative: Contingent Reserve Arrangement (CRA) 20:29 New international financial system 21:27 Vladimir Putin's speech 21:48 Why the absence of Xi Jinping and Putin? 23:31 Why Iran's president did not attend 24:22 China's view of BRICS 26:15 Goals of BRICS 27:03 Financial imperialism: the "reverse Marshall Plan" 30:28 Billionaire oligarchs 31:58 Malaysia PM Anwar Ibrahim 32:22 Non-Aligned Movement 33:37 (CLIP) BRICS inspired by Non-Aligned Movement 35:02 (CLIP) Malaysia PM on de-dollarization 35:44 Bandung Conference 36:46 (CLIP) Malaysia PM: BRICS follows Bandung 37:27 Decolonization and multipolarity 39:57 NATO militarization and warmongering 40:32 Climate change 41:17 Palestine and Iran 41:57 Multilateralism under attack by USA 42:50 Imperialism vs democracy 43:27 Capitalist oligarchy 43:43 Trump: symbol of US imperialism 44:28 Meaning of BRICS 45:14 Outro

In a viral video clip, tantric sex expert Javier Milei once said that he only makes love once every three months. Let's see if he goes to the IMF any more regularly. In the wake of an enormous bailout, we'll be busting some myths on the grand schemes of Captain Ancap. Meanwhile, in Britain, the finance minister is crying in Parliament, and the Prime Minister is too socially awkward to comfort her. At least Milei made the cuts first; and then went to the lender of last resort after. What happens when a dying G7 economy is too proud to cut anything, and too paralysed to do anything? Looks like they're also ready for a visit from a certain monetary fund. Finally, the Stablecoin revolution is here. That's right: you can now buy one dollar you don't physically hold, for the price of one dollar you do hold. Sounds a bit silly? Welcome to crypto, bro. We're asking: Is the GENIUS Act actually the DURR BRAIN Bill? You can get special paywalled premium episodes of Multipolarity every month on Patreon: https://patreon.com/multipolarity

Watch on Philo! - Philo.tv/DTHWe meet this neat two-piece key being put together to make one key. We're on a Russian submarine and they have this AI system called The Entity that'll help them evade their enemy. But while testing one day, the AI becomes sentient and makes them think someone is attacking them. Turns out, no one is and they end up getting struck by their own torpedo. The key is now split up and floated up to the surface.  We then catch up with Ethan Hunt who is given his new mission: get both pieces of the key, one of which has already been obtained by Ilsa. So he has to get the one half from Ilsa, and then track down the other one. So he heads to a desert and tracks her down. He gets the key and tells her that she's dead.  Ethan then sneaks into a meeting to hear Kittridge, who is randomly back, explain that the Entity can manipulate cyberspace to control global defense intelligence and financial networks. He tells them that Ethan Hunt was on the case but we don't know where he is. Well, we do. He's in the room in a mask. He tells Kittridge that he refuses to give the half key to Kittridge but tells him he's going to find the other half and destory the Entity. Ethan meets up with Benji and Luther and the travel to Abu Dhabi to intercept the buyer of the other half of the key. Ethan's plan was to sell their half of the key to the buyer, and then follow the buyer to figure out what it unlocks. Ethan locates the buyer but the key is stolen by a professional thief named Grace. Ethan confronts Grace and offers to put the key back in the buyer's pocket in exchange for a generous payment of $4 million.  But by the time they get back to the buyer, he's dead and then we find out that the key they have is actually a counterfeit. While Ethan was distracted but Luther and Benji disarming a weapon, Grace steals the real key from Ethan.  Ethan suspects foul play after seeing Gabriel, a powerful terrorist who appears to be working with the Entity. He and Ethan had an encounter with each other prior to Ethan becoming an IMF agent. So, he aborts the mission and the team scatters.  Grace escapes to Rome but is apprehended. Ethan helps her escape but now they're both being chased - there's an Entity operative named Paris and then there's a US agent Jasper Briggs. Paris and Briggs get into a shootout which gives Ethan and Grace enough time to escape.  Ethan meets back up with Luther and Benji and Ilsa joins them. Ethan and Ilsa follow Grace to Venice where they go to a party held by the the White Widow. Luther had figured out by analyzing the video feed from the airport that Gabriel is working for the Entity. Ilsa says that Gabriel is the Entity's messenger and that the key leads to the Entity's source code.  So the party is poppin. White Widow, Gabriel, Paris, Ethan, Grace, Ilsa... they gather at the party. Ethan realizes that the party was organized by the Entity as well. Ethan knows that White Widow is trying to get the key but doesn't want to keep the key for herself since she does not know what it unlocks. She cannot decide whether to give the key to her friend Ethan, or to Gabriel. Tapped into the Entity, Gabriel proclaims he will possess the completed key the next day and that either Ilsa or Grace will die. While Ethan is attempting to convince the White Widow to not give the key to Gabriel,  Gabriel escapes. The Entity leads Grace and Isla to Gabriel. Gabriel knocks out Grace and kills Ilsa, devastating Ethan.  Grace agrees to impersonate the White Widow and take the key during the sale on the train the next day. Ethan needs to figure out how he's going to get on that train to keep Grace safe.  The next day, on the train, Gabriel kills the engine crew and destroys the throttle and brake. Grace finds the White Widow, knocks her out, and then goes to meet with Kittridge who is the buyer.  Paris & Gabriel meets Director of National Intelligence Denlinger, who divulges all the information he has about the entity and how it went rogue. He explains that inside the submarine is a chamber that only the the completed key can unlock with the original Entity source code which would allow the holder to destroy or control The Entity.  Now that he has all the information, Gabriel kills him.  Kittridge agrees to the White Widow Grace's deal of $100 million and protection. But she ends up pickpocketing the key completed key from Kittridge.  So how is Ethan going to get on the train and save the day? Well, Benji navigates him to the top of this mountain where he ride his motocycle off of it and parachutes onto the train.  Grace takes off the mask and tries to escape but it's too late. She's about to be shot but Ethan comes crashing through the side of the train and saves her. But the key goes on the floor and is picked up by Gabriel.  He goes to the top of the train and Ethan follows him. They begin to fight but Gabriel escapes and sets off an explosion to the bridge that's coming up. But Ethan manages to steal the key back from him without him noticing. Grace and Ethan detach the locomotive from the rest of the train which saves the passengers. But they aren't safe yet. They have to fight their way to the back of the train as more and more of the train continues to fall off the cliff. Right as they're about to fall, Paris shows up and pulls them to safety.  She tells Ethan where to take the key and then passes out from a stab wound. Ethan has to leave and can't take Grace with him. Grace agrees to work with Kittridge and Ethan lands and is joined by Benji now that their next mission is to successfully destroy the Entity. 

Keyu Jin is a Professor of Economics at the LSE. She is an academic member of the China Finance 40 Group and has worked with the World Bank, the IMF, and the China Banking Regulatory Commission, and is a non-executive board member of the luxury conglomerate Richemont and Jardine Matheson. Born and raised in Beijing, she attended high school and college in the United States and holds a PhD in economics from Harvard University. In this podcast we discuss coming to the US (from China), beyond ideological labels: China's unique model, centralisation vs decentralisation and the Mayor Economy, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

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Le aziende come Strategy sono uno schema Ponzi?C'è sempre più scetticismo attorno al metodo Saylor.Inoltre: Jack Mallers e il discorso più bello di sempre, non passa la legge Bitcoin nel Big Beautiful Bill di Donald Trump, e una ricerca svela le trame del Fondo Monetario contro l'adozione di Bitcoin negli stati.It's showtime!

Watch on Philo! - Philo.tv/DTHThe movie kicks off with Ethan having a dream where he's getting married to Julia but Lane is the officiant and then there's an explosion. He wakes up to a  knock at the door. He is given a package with his new mission.  Apparently, the remains of  "The Syndicate" have reformed into a terrorist group known as "The Apostles". They are responsible for a smallpox outbreak. It's serious stuff. Ethan is told to intercept three stolen plutonium cores before the Apostles can sell them to a baddie named John Lark. It appears John Lark and the Apostles are working together to acquire what they need for nuclear weapons.   So Ethan meets up with Benji and Luther for the mission. He arranges to buy the plutonium from some baddies. But they fail when the Apostles hijack the exchange and Ethan chooses to save Luther's life and the plutonium is taken by the Apostles.  The team capture nuclear weapons expert Nils. They keep Nils in a simulated hospital and run news reels on TV indicating that 3 nuclear attacks have already taken place. Nils agrees to give the pass-code to his phone, if the news reads his manifesto on TV. Turns out, all fake but it's too late, they already have what they need.  We meet the new CIA Director Erica Sloane, she instructs operative August Walker to shadow Ethan as he attempts to retrieve the plutonium because she doesn't trust the IMF to do the job.   They believe Lark is going to be at this party in Paris. So Ethan and Walker have to parachute in, which is harder than it sounds. Walker almost dies but not on Ethan Hunt's watch! They track a man whom they suspect to be Lark. They end up getting in a big fight but dude ends up getting shot by...Ilsa! Ilsa is back baby! She does not tell Ethan who sent her. This is bad news because this dude is supposed to meeting with an arms dealer named the White Widow. Hunt can't finish the mask of Lark's face as Isla shot at the head, so Ethan decides to be Lark without a disguise.  Ethan impersonates Lark and meets the White Widow. He warns her that agents of the Apostles have been sent to kill her and he's able to help her escape when they show up, with a little help from Ilsa.  White Widow tells Ethan that if he wants the plutoneum, he has to help Lane escape during his transfer in an armored convoy. They say they have to kill everyone. Ethan is like I'm John Lark, I'll kill anyone anytime. Walker hears this and tells Director Sloane that he thinks it's possible Hunt really is Lark.  Ethan and Walker attack Lane's convoy but they do it in a way that avoids having to kill the police. Ethen pushes Lane's escort van into the river. He then leads the police and the White Widow's men on a chase across Paris while Benji and Luther secure Lane. He is able to jump down into a boat where Luther and Benji have Lane.  Ilsa reappears to kill Lane to show MI6 that she's loyal but the car is bullet proof. He takes Lane to White Window. But then White Widow tells him that she wants him to bring the women who killed 4 of her men, obviously talking about Ilsa.  Hunt meets Ilsa and realizes that she was in Paris to protect Lark, and in the washroom, she killed whom she thought was Lark, to protect Hunt. Ilsa wanted Lark to break Lane out, as she wanted to kill Lane. Hunt realizes that Ilsa is working for the MI6, and they want her to prove her loyalty. Hunley shows up and confronts Ethan about being John Lark. Ethan denies it and injects him with something to knock him out to continue the mission. He suspects that Walker is the real John Lark so they hatch a plan for him to go in and confront Lane knowing that he would admit to it. Obviously, it's not really Lane, it's Benji in a mask.  I guess Hunley has come to and this is enough for him. He phones Director Sloan who instructs a CIA unit to detain everyone because she doesn't trust any of them. The CIA unit has been compromised by Walker and he orders them to attack Hunley and his IMF men instead.  Walker kills Hunley and escapes. So Ethan chases him across the city. He's jumping from building to building, doing his Tom Cruise run. He finally catches up with him and Walker tells him he has to turn himself into Lane or he's going to kill Julia, and shows a picture of him knowing where she is.  Ethan gets back with Benji, Luther, and Ilsa and Ethan explains that he believes they're going to go ahead and detonate the nuclear weapons over some water that'll infect a ton of people.  Luckily, they know where Lane is because they put a tracker in him. When they show up at this medical camp, he sees Julia. Apparently, Walker arranged her for and her husband, Doctor Eric, to be there.  Lane activates the weapons and gives the detonator to Walker, which they need to get in order to diffuse the bombs. Walker goes up in a helicopter which naturally Ethan jumps onto and climbs his way up while it's in the air.  Ethan is able to take control of the helicopter that's trailing Walker. Luther, Benji, and Ilsa are looking for the bombs and Julia finds Luther and wants to help.  Ilsa ends up being held captive by Lane in the room with the 2nd explosive. Benji shows up and tries to help and they all get in a big fight. She's about to kill Lane but notices that Benji is about to die himself, so she saves him and they tie Lane up.  While all that's happening, the helicopter chase doesn't end great. They crash and end up on the edge of a cliff. Ethan and Walker fight over to the detonator. They both fall off the cliff but they grab onto a rope. Ethan puts his rock climbing skills back to work as the helicopter comes down and kills Walker. Ethan rushes to climb up to the top just in time to press the button as the other cut the wires. Perfect timing.  Ethan is rescued and brought back to Julia and her husband where they help him come to. He apologizes to Julia for everything. Sloane shows up and explains to Ethan that they've handed Lane over to MI6 through the White Widow, which earns Ilsa's freedom. 

Professor Sam Vaknin, an expert on narcissistic abuse studies, unpacks how narcissism morphs into a pathological force shaping social media and politics – but a certain amount is essential for world leaders in high-stakes roles. Malignant narcissism, seen in 5% of Fortune 500 CEOs, can blend with psychopathy to create exploitative leaders. Vaknin argues narcissism is now a cultural cornerstone, amplified by social media's attention economy. Can we harness this force for good, or is it too late? Prof. Sam Vaknin is a writer, professor of psychology, and author of Malignant Self Love: Narcissism Revisited. A former IMF consultant and editor of Global Politician, he lectures on personality disorders and proposed a theory on chronons and time asymmetry. More at https://x.com/samvaknin Sarah Westall is an investigative journalist, entrepreneur, and former business professor at Carlson School of Business. She authored the best-selling “Exposing Blackmail” and founded United for Free Speech. A systems design expert, she helped build the internet at USWEST !nterprise. More at https://x.com/sarah_westall 「 SUPPORT OUR SPONSORS 」 Find out more about the brands that make this show possible and get special discounts on Dr. Drew's favorite products at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://drdrew.com/sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • ACTIVE SKIN REPAIR - Repair skin faster with more of the molecule your body creates naturally! Hypochlorous (HOCl) is produced by white blood cells to support healing – and no sting. Get 20% off at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://drdrew.com/skinrepair⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • FATTY15 – The future of essential fatty acids is here! Strengthen your cells against age-related breakdown with Fatty15. Get 15% off a 90-day Starter Kit Subscription at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://drdrew.com/fatty15⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • PALEOVALLEY - "Paleovalley has a wide variety of extraordinary products that are both healthful and delicious,” says Dr. Drew. "I am a huge fan of this brand and know you'll love it too!” Get 15% off your first order at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://drdrew.com/paleovalley⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • VSHREDMD – Formulated by Dr. Drew: The Science of Cellular Health + World-Class Training Programs, Premium Content, and 1-1 Training with Certified V Shred Coaches! More at ⁠⁠⁠⁠https://vshredmd.com/⁠⁠⁠⁠ • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twc.health/drew⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 「 MEDICAL NOTE 」 Portions of this program may examine countervailing views on important medical issues. Always consult your physician before making any decisions about your health. 「 ABOUT THE SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kalebnation.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Susan Pinsky (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/firstladyoflov⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠e⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite a joint U.S.-Israel strike on Iran, markets barely flinch—signaling they've learned not to take Trump's threats seriously. This explosive interview dives into why Christian Zionism is being called political idolatry, how pro-Israel loyalty tests are fracturing the right, and the growing war between the BIS, IMF, and Bitcoin over who will control the future of money.Markets Shrug Off U.S.-Israel Strike on Iran (02:25:30 – 02:27:04) Gold, silver, oil, and Bitcoin show minimal reaction to joint U.S.-Israel strikes, suggesting either disbelief in the severity of events or market manipulation by major financial actors.Christian Zionism Criticized as Political Idolatry (02:48:33 – 02:52:57)Christian Zionism is condemned as a distortion of theology, accused of leading believers to support war and foreign interventions at the expense of persecuted Christian communities.Pro-Israel Loyalty Test in Conservative Politics (02:52:58 – 03:01:38)Conservative figures are accused of prioritizing loyalty to Israel over American interests. A generational shift is predicted as younger conservatives push back against foreign entanglements.BIS vs IMF: Stablecoin Suppression and CBDC Agenda (03:01:39 – 03:03:04)The BIS targets stablecoins in what's described as a battle over who will control future digital money, with CBDCs positioned as tools of global financial dominance.Bitcoin Seen as Hedge Against Fiat Collapse (03:03:05 – 03:07:01)Extreme Bitcoin price forecasts are discussed in the context of fiat currency debasement, with Bitcoin framed as a finite refuge from an increasingly unstable monetary system. Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHT Find out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Despite a joint U.S.-Israel strike on Iran, markets barely flinch—signaling they've learned not to take Trump's threats seriously. This explosive interview dives into why Christian Zionism is being called political idolatry, how pro-Israel loyalty tests are fracturing the right, and the growing war between the BIS, IMF, and Bitcoin over who will control the future of money.Markets Shrug Off U.S.-Israel Strike on Iran (02:25:30 – 02:27:04) Gold, silver, oil, and Bitcoin show minimal reaction to joint U.S.-Israel strikes, suggesting either disbelief in the severity of events or market manipulation by major financial actors.Christian Zionism Criticized as Political Idolatry (02:48:33 – 02:52:57)Christian Zionism is condemned as a distortion of theology, accused of leading believers to support war and foreign interventions at the expense of persecuted Christian communities.Pro-Israel Loyalty Test in Conservative Politics (02:52:58 – 03:01:38)Conservative figures are accused of prioritizing loyalty to Israel over American interests. A generational shift is predicted as younger conservatives push back against foreign entanglements.BIS vs IMF: Stablecoin Suppression and CBDC Agenda (03:01:39 – 03:03:04)The BIS targets stablecoins in what's described as a battle over who will control future digital money, with CBDCs positioned as tools of global financial dominance.Bitcoin Seen as Hedge Against Fiat Collapse (03:03:05 – 03:07:01)Extreme Bitcoin price forecasts are discussed in the context of fiat currency debasement, with Bitcoin framed as a finite refuge from an increasingly unstable monetary system. Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHT Find out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

Ryan and Dylan are joined one last time by Kirk Simpson to review the final outing for Tom Cruise's Ethan Hunt and the IMF we've come to know and love in Mission: Impossible - The Final Reckoning.

Nick Myers is the co-founder and CEO of Phoenix Tailings, a company building a sustainable future by refining metals from mining waste with zero direct carbon emissions or toxic byproducts.Before founding Phoenix Tailings, Nick worked in Venture Capital at Techstars and was the Director of Finance and Partnerships for Meenta, a medical diagnostic testing startup. He also co-founded Huntington Angels, a strategic angel investment group where he now serves as the lead outside adviser.Nick was also a founding member of Tengu, an early Web3 startup that created one of the first stable coins. At Tengu, Nick briefed the IMF about decentralized finance and cryptocurrencies' impact on the world economy.Nick has a Bachelor's Degree from Saint Michael's College, where he was a starting pitcher for the college's baseball team. He also has an MBA from Northeastern University.⁠https://www.phoenixtailings.com/⁠⁠https://nexuspmg.com/

Watch on Philo! - Philo.tv/DTHSo Benji is out in the literal field. He's watching this plane that is about to take off. And here's what you need to know - the package is on that plane. He's doing this mission with Brandt who is back at HQ. Luther pipes in cuz I guess he can help now and he makes it to where Benji can access the plane remotely. Suddenly, out of nowhere, Ethan comes running through the field and tells Benji to open the door. Once Benji figures out which door he means, he finds these canisters holding nerve gas and pushes them out the back. THEME SONG TIME!  Some time later, Ethan walks into a record store where he uses some coded language to get a vinyl which will show him his next mission. While the message is playing, it is revealed that the message is from The Syndicate which is a group Ethan has been tracking for a year. They tell him that if he continues to go after them, he will die. He looks out and sees a dude in glasses who kills the women who gave him the record as gas causes Ethan to go unconcious.  Cut to a senate meeting with Brandt and  CIA director Alan Hunley. They demand that the IMF be disbanded due to the events that happened in Russia.  We see that Ethan is being held hostage. A women comes in, takes off her shoes, and just kinda stares at him for a while. Then some baddies come in, one of which is known as the Bone Doctor. Just as he's about to do his thing, he is freed by the women. She's Ilsa Faust, an undercover British MI6 agent. But she doesn't leave with him. She convinces them that she was trying to help them as he escaped.  He calls Brandt for help but he says the IMF have been shut down. Ethan now knows he's on his own and that the CIA is going to be looking for him.  6 months later, we see Ethan in a room, He's got a very real beard. And he's just doing some pull ups. The CIA thinks they found him but Ethan is always one step ahead. Ethan is watching them with the finest Nokia cell phone. And CIA Director Hunley is not pleased. He brings Benji in for a polygraph test but Benji insists that he doens't owe Ethan anything and that they aren't friends. When Benji returns to his desk, he has two tickets to the Vienna opera. So he heads to Austria and he is immediately handed a envelope. Inside are some glasses that allow him and Ethan to communicate. Ethan catches him up to speed.  He believe that Lane is going to be at the Opera. Who is Lane? He is the glasses dude that Ethan suspects is the Syndicate's leader. Benji and Ethan discover that the opera is being attended by the Austrian Chancellor which does throw a wrench in the plan. Benji is watching the cameras and sees the potential assassin. Ethan also notices a woman moving around the backstage.  Ethan catches up with the assassin and they fight, but then Ethan notices a 3rd assassin moving into position. There's a lot of assassin's at the opera tonight.   He takes the gun of the first assassin and shoots the Chancellor in the shoulder to save his life. Benji attacks the 3rd shooter in the lighting booth, and the women, who turns out to be Ilsa from the beginning shoots that baddie to save Benji.  Ethan finds Ilsa and they escape in time to see the Chancellor's car explode. Hunt helps Ilsa escape the opera. Ilsa jumps out of Ethan's car to make it look like an escape and then is taken to Lane. It appears she's working with him when he questions her loyalty for letting Ethan escape twice.  Ethan figures out that Ilsa is going to Moracco, so he goes to meet up with her and she tells him what she knows - that the baddie is Soloman Lane who used to be British Intellegence and went rogue and started the Syndicate. She claims that Lane kept a ledger of all his operatives which was stolen by one of his operatives and placed in a secure server here in Moracco. The secure server can only be accessed if your profile is already preloaded into the security system that is housed under water. So Ethan dives in and it doesn't exactly go according to plan. He does swap out the security profile but isn't able to escape before running out of oxygen. So Ilsa jumps in and saves him. But then proceeds to take the flash drive with the ledger on it to take to her British intelligence boss who says this isn't good enough. She needs to go back to Lane so that he can confirm that thats the real ledger. So she shows back up to Lane but the flash drive has been wiped clean.  We catch up with Benji and Ethan who are found by Luther and Brandt. Turns out, Benji made a copy of the flash drive and it turns out it contains an encrypted British government virtual red box that requires the biometrics of the Prime Minister of the United Kingdom to unlock it.  They all travel to London, but Lane's men abduct Benji during the team's meeting and use him to blackmail Ethan into decrypting and delivering the data to him. Despite Brandt's protests, Ethan accepts the mission. Hunley is informed by Brandt to come to London. He shows up to a meeting with Brandt and the Prime Minister. Atlee is also there and has the Prime Minister confirm that the Syndicate is real which is a suprise to Hunley. Atlee then shoots the prime minister with a dart and reveals that Atlee is actually Ethan in a mask. The real Atlee shows up and confirms that he started the Syndicate to recruit former intelligence agents and perform missions without oversight and zero accountability but Lane went rogue. Hunley is like oh my bad. I done goofed.  Ethan and Brandt secure the Prime Minister's biometrics, allowing Luther to decrypt the file. When decrypting the file, it is revealed that the red box actually contains access to £2.4 billion to do with what The Syndicate saw fit.  Ethan destroys the data after deducing that Lane plans to fund The Syndicate with the money. Arriving at the meeting place arranged by Lane, Ethan finds Benji strapped to a bomb and wearing a headset and contact lens camera to serve as Lane's proxy alongside Faust. Ethan tells Lane that he has memorized the data and offers himself in exchange for Benji's safety. Benji escapes after Lane remotely disarms the bomb and Ilsa and Ethan run through the city when the Bone Doctor and his boys show back up.  Ilsa makes the Bone Doctor follow her and she kills him. And Ethan draws Lane out, who has now joined the chase, and lures him into a tunnel system where he ends up in a transparent bulletproof cell where he is gassed, like he did to Ethan at the beginning of the film and taken into custody. Hunley goes to speak to the Senate again and claims that their previous meeting served as a cover to help Ethan expose and shut down The Syndicate and he's now requesting the IMF be reinstated. 

Watch on Philo! - Philo.tv/DTHThe movie kicks off with an IMF agent running on a roof, shooting back at people. He jumps off and lands on a inflatable and somehow doesn't stick around to jump on it. He spots his target but it's too late - she shoots him first. Tough break. Cut to Ethan Hunt. He's in a Moscow prison. Suddenly, Dean Martin begins to play over the loud speaker and his cell is unlocked. It's all Benji. He's outside in a truck watching on the camera. For some reason, Ethan doesn't go through the next open door. Instead, he goes to free someone and take him with him and Benji and very confused. But it works. They get to the room, the floor explodes and they escape.  Ethan knew that dude was his informer would be tortured and killed, so he rescued him and granted him his freedom. Jane is new and she tells Ethan that guy at the beginning of the movie was Agent Hanaway and he was killed while intercepting a routine courier drop. The courier was carrying Russian nuclear launch codes & these were now in the hands of the assassin that killed him. Hunt knows that IMF has been looking for an extremist, code name Cobalt. Cobalt is known to have a nuclear device and with the theft of the launch codes, his identity is now top priority for the IMF.  Cobalt was a nuclear strategist for Russian intelligence. So Ethan has to go to Russia to break into the secret Kremlin archives and locate files identifying Cobalt. Easy right? Well apparently Cobalt is already on his way to the Kremlin, which gives Ethan 5 hours to complete his mission. This mission is going great but when he gets to the archives, he finds out that what he needs is already missing. Then someone taps into the IMF frequency and their cover is blown. So Ethan aborts the mission. Suddenly, a bomb destroys the Kremlin which knocks Ethan out and he awkes up in a Russian hospital. He finds out that he is now a wanted man, so he has to escape.  The IMF picks Ethan up and catch him up to speed but their vehicle is attacked. One dude dies but another dude named William Brandt survives with Ethan. He finds out that the Russians have called the attack an undeclared act of war and the US president activates "Ghost Protocol",  which disavows the entire IMF.  Based on Ethan's description of who he saw in the Kremlin with a briefcase, they identifies Cobalt as Kurt Hendricks. They believe Hendricks bombed the Kremlin and got the Russian nuclear launch-control device, and now needs its codes from the Dubai. So off to Dubai they go! Ethan has to hack the server room. Obviously the only way to do that is from the outside with him using these special gloves hundreds of stories in the air. The plan is to make Wistrom, who is there on Hendricks behalf, believe he is getting the real codes, which are actually from Ethan and Brandt who are with the actual real codes in another room acting like they're the buyers. It's a whole thing. The plan is going great until the code women realizes that Brandt is taking pictures with his eyes. Wistom is getting away, so Ethan chases him into a sand storm. Turns out, Wistom is just Hendricks in a mask and he gets away! This is bad news.  The team is all mad at each other. Hendricks got away and Jane accidentally kicked the seller out of a window. Whoops. It's at this point that Ethan accuses Brandt of keeping secrets from them because his fighting skills show that he's not just an analyst. Brandt admits he used to be an agent on the field. He was actually security detail to Ethan and his wife Julia. Julia was killed by a Serbian hit squad, prompting Ethan to pursue and kill them before he was caught by the Russians and sent to prison, where he was at the beginning of the movie. Brandt blames himself and never wanted to be out on the field again.  They get word on where Henricks is going to be next. So off to Mumbai they go. They go to a party being thrown by Indian telecommunications guru. They believe he has struck a deal with Henricks and that he's going to use his sattelite. So Brandt breaks into the server room to take the satellite offline while Jane gets hot shot tech guy to reveal the satellite override code.  But Hendricks takes the servers offline before they can finish the plan. He fires a nuclear missile on San Francisco from a Russian submarine which would look like retaliation for the Kremlim bombing. The only way to stop the missile is via the abort sequence on the launch device that Hendricks is carrying. Hunt pursues Hendricks and the launch device while the other team-members attempt to bring the broadcast station back online so that the abort command will transmit. Hunt and Hendricks fight over the launch-control and he's able to hit the button and the power turns back on with 1 second to spare. No Nuclear war today! Plus, the IMF is proved innocent.  The team comes together to celebrate and he gives them all a new mission. Brandt refuses at first until Ethan explains that Julia isn't actually dead, it was all a cover, so he doesn't have to worry about it. Off to the next mission they go. 

Founder of the Raising Capitalists Foundation and previous co-host of The Real Estate Guys Radio show, Russell Gray, joins Keith to discuss the historical and current devaluation of the U.S. dollar, its impact on investors, and the broader economic implications. Gray highlights how the significant increase in interest rates has trapped equity in properties and affected development. He explains the shift from gold-backed currency to paper money, the role of the Federal Reserve, and the impact of the Bretton Woods Agreement.  Gray emphasizes the importance of understanding macroeconomic trends and advocates for Main Street capitalism to decentralize power and promote productivity. He also criticizes the idea of housing as a human right, arguing it leads to inflation and shortages. Resources: Connect with Russell Gray to learn more about his "Raising Capitalists" project and his plans for a new show. Follow up with Russell Gray to get a copy of the Beardsley Rummel speech transcript from 1946. follow@russellgray.com Show Notes: GetRichEducation.com/558 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”.  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai  Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, what's the real backstory on why we have this thing called the dollar? Why it keeps getting debased? What you can do about it and when the dollar will die? It's a lesson in monetary history. And our distinguished guest is a familiar voice that you haven't heard in a while. Today on get rich education.   Mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com   Russell Gray  1:54   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  2:10   Welcome to GRE from St John's Newfoundland to St Augustine, Florida and across 188 nations worldwide. I'm Keith weinholden. You are inside get rich education. It's 2025. The real estate market is changing. We'll get into that in future. Weeks today. Over the past 100 years plus, we've gone from sound money to Monopoly money, and we're talking about America's currency collapse. What comes next and how it affects you as both an investor and a citizen.   I'd like to welcome in longtime friend of the show and someone that I've personally learned from over the years, because he's a brilliant teacher, real estate investors probably haven't heard his voice as much lately, because until last year, he had been the co host of the terrific real estate guys radio show for nearly 20 years. Before we're done today, you'll learn more about what he's doing now, as he runs the Main Street capitalist platform and is also founder of the raising capitalists foundation. Hey, it's been a few years. Welcome back to GRE Russell Gray.   Russell Gray  3:19   yeah, it's fun. I actually think it's been maybe 10 years when I think about it, I remember I was at a little resort in Mexico recording with you, I think in the gym. It was just audio back then, no video.    Keith Weinhold  3:24   Yeah, I remember we're trying to get the audio right. Then I think you've been here more recently than 10 years ago. But yeah, now there's this video component. I actually have to sit up straight and comb my hair. It's ridiculous. Well, Russ, you're also a buff of monetary history. And before we discuss that, talk about the state of the real estate market today, just briefly, from your vantage point.   Russell Gray 1  3:55    I think the big story, and I'm probably not telling anybody anything they don't know, but the interest rate hike cycle that we went through this last round was quite a bit more substantial, I think, than a lot of people really appreciated, you know. And I started talking about that many years ago, because when you hit the zero bound and you have 6,7,8, years of interest rates below half a point, the change when they started that interest rate cycle from point two, 525 basis points all the way up to five and a quarter? That's a 20x move. And people might say, well, oh, you know, I go back to what Paul Volcker did way back in the day, when he took interest rates from eight or nine to 18. That was only a little bit more than double. Double is a far cry from 20x so we've never seen anything like that. Part of the fallout of that, as you know, is a lot of people wisely, and I was on the front end of cheerleading This is go get those loans refinanced and lock in that cheap money for as long as possible, because a loan will actually become an asset. The problem is, when you do that, you're kind of married to that property. Now it's not quite as bad. As being upside down in a property and you can't get out of it, but it's really hard to walk away from a two or 3% loan in a Six 7% market, because you really can't take your same payment and end up getting more house. And so that equity is kind of a little bit trapped, and that creates some opportunities, but I think that's been the big story, and then kind of the byproduct of the story. Second tier of the story was the impact it had on development, because it made it a lot harder for developers to develop, because their cost of funds and everything in that supply chain, food chain, you marry that to the 2020, COVID Supply Chain lockdown and that disruption, which, you know, you don't shut an economy down and just flick a switch and have it come back on. And so there's all of that. And then the third thing is just this tremendous uncertainty everybody has, because we just went from one extreme to another. And I think people, you know, they don't want to, like, rock the boat, they're going to kind of stay status quo for a little bit, whether they're businesses, whether they're homeowners, whether they're anybody out there that's thinking about moving them, unless life forces you to do it, you're going to try to stay status quo until things calm down. And I don't know how close we are to things calming down.   Keith Weinhold  6:13   One word I use is normalized. Both the 30 year fixed rate mortgage and the Fed funds rate are pretty close to their long term historic average. It just doesn't feel that way, because it was that rate of increase in 2022 that caught a lot of people off guard, like you touched on Well, Russ, now that we've talked about the present day, let's go back in time, and then we'll slowly bring things up to the present day. The dollar is troubled. It's worth perhaps 3% of what it was 100 years ago, but it's still around since it was established in the Coinage Act of 1792 and it's still the world reserve currency. In fact, only three currencies have survived longer than the dollar, the British pound, the Japanese yen and the Swiss franc. So talk to us about this really relentless debasement of the dollar over time, including the creation of the Fed and the Bretton Woods Agreement and all that.   Russell Gray 7:09   That's a big story, as you know, and I always like to try to break it down a little bit. One of my specialties I'd like to believe, is I speak macro and I speak Main Street. And so when I try to break macroeconomics down, I start out with, why do I even care? I mean, if I'm a main street investor, why do I even care? In 2008 as you know, is a wipeout for me. Why? Because I didn't think anything had happened in the macro I didn't think Wall Street bond market. I didn't think that affected me. One thing I really cared about was interest rates. And I had a cursory interest in the bond market. We just try to figure out where interest rates were going. But for the most part, I thought, as a main street real estate investor, I was 100% insulated. I couldn't have been more wrong, because it really does matter, because the value of the dollar, in other words, the purchasing power of the dollar, and usually you refer to that as inflation, right? If inflation is there, the dollar is losing its purchasing power, and so the higher the inflation rate, the faster you're losing that purchasing power. And you might say, well, maybe that matters to me. Maybe it does. But the people who make the money available to the mortgage community, right to the real estate community to borrow that comes out of the bond market. And so when people go to buy a bond, which is an IOU, they're going to get paid back in the currency that they lent in, in this case, dollars. And if they know, if they're making a long term investment in a long term bond, and they're going to get paid back in dollars, they're going to be worth a whole lot less when they get them back. One of the things they're going to want is compensation for that time risk, and that's called higher interest rates. Okay, so now, if you're a main street investor, and higher interest rates impact you, now you understand why you want to pay attention. Okay, so let's just start with that. And so once you understand that the currency is a derivative of money, and money used to be you mentioned the Coinage Act Keith money, which is gold, used to be synonymous with the dollar. The dollar was only a unit of measure of gold, 1/20 of an ounce. It was a unit of measure. So it's like, the way I teach people is, like, if you had a gallon of milk and you traded, I'm a farmer, and I had a lot of milk, and so everybody decided they were going to use gallons of milk as their currency. Hey, where there's a lot of gallons of milk. He's got a big refrigerator. We'll just trade gallons of milk. Hey, Keith, I really like your beef. I you know, will you sell me some, a side of beef, and I'll give you, you know, 100 gallons of milk, you know, like, Oh, that's great. Well, I can't drink all this milk, so I'm going to leave the milk on deposit at the dairy, and then later on, when I decide I want a suit of clothes, I'll say, well, that's 10 gallons of milk. So I'll give the guy 10 gallons of milk. So I just give him a coupon, a claim, a piece of paper for that gallon of milk, or 20 gallons of milk, and he can go to the dairy and pick it up, right? And so that's kind of the way the monetary system evolved, except it wasn't milk, it was gold. So now you got the dollar. Well, after a while, nobody's going to get the milk. They don't care about the milk. And so now. Now, instead of just saying, I'll give you a gallon of milk, you just say, well, I'll give you a gallon. And somebody says, Okay, that's great. I'll take a gallon. They never opened the jug up. They never realized the jug is empty. They're just trading these empty jugs that used to have milk in them. Well, that's what the paper dollar is today. It went from being a gold certificate payable to bearer on demand, a certain amount of gold, a $20 gold certificate, what looks exactly like a $20 FEDERAL RESERVE NOTE. Today they look exactly the same, except one says FEDERAL RESERVE NOTE, which is an IOU backed by nothing, and the other one said gold certificate, which was payable to bearer on demand, real money. So my point is, is he got money which is a derivative of the productivity, the beef, the soot, the milk, whatever, right? That's the real capital. The real capital is the goods and services we all want. Money is where we store the value of whatever it is we created until we want to trade it for something somebody else created later. And it used to be money and currency were one in the same, but now we've separated that. So now all we do is trade empty gallons, which are empty pieces of paper, and that's currency. So those are derivatives, and the last derivative of that chain is credit. And you had Richard Duncan on your show more than once, and he is famous for kind of having this term. We don't normally have capitalism. We have creditism, right? Everything is credit. Everything is claims on wealth, but it's not real wealth, and it's just when we look at what's going on with our current administration and the drive to become a productive rather than a financialized society, again, as part of this uncertainty that everybody has. Because this is not just a subtle little adjustment on the same course. This is like, No, we're we're going down a completely different path. But fundamentally, your system operates on this currency that is flowing through it, like the blood flowing through your body. And if the blood is bad, your body's sick. And right now, our currency is bad, and so it creates problems, not just for us, but all around the world. And now we're exacerbating that. And I'm not saying it's bad. In fact, I think it's actually it's actually good, but change is what it is, right? I mean, it can be really good to go to the gym and work out before we started recording, you talked about your commitment to fitness, and that if you stop working out, you get unfit, and it's hard to start up again. Well, we've allowed our economy to get very unfit. Now we're trying to get fit again, and it's going to be painful. We're going to be sore, but if we stick with it, I think we can actually kind of save this thing. So I don't know what that's going to mean for the dollar ultimately, or if we end up going to something else, but right now, to your point, the dollar is definitely the big dog still, but I think it's probably even more under attack today than it's ever been, and so it's just something I think every Main Street investor needs to pay attention to.    Keith Weinhold  12:46   And it was really that 1913 creation of the Fed, where the Fed's mandates really didn't begin to take effect until 1914 that accelerated this slide in the dollar. Prior to that, it was really just periods of war, like, for example, the Civil War, where we had inflation rise, but then after wars abated, the dollar's strength returned, but that ceased to happen last century.   Russell Gray  13:11   I think there's a much bigger story there. So when we founded the country, we established legal money in the Coinage Act of 1792 we got gold and silver and a specific unit of measure of gold, a specific unit, measure of silver was $1 and that's what money was constitutionally. Alexander Hamilton advocated for the first central bank and got it, but it was issued by Charter, which meant that it was operated by the permission of the Congress. It wasn't institutionalized. It wasn't embedded in the Constitution. It was just something that was granted, like a license. You have a charter to be able to run a bank. When that initial charter came up for renewal, Congress goes, now we're not going to renew it. Well, of course, that made the bankers really upset, because bankers have a pretty good gig, right? They get to just loan people money. They don't have to do any real work, and then they make money on just kind of arbitraging, you know, other people's money. Savers put their money in, and they borrowed the money out, and then they with fractional reserve, they're able to magnify that. So it's, it's kind of a cool gig. And so what happened? Then he had the first central bank, so then they got the second central bank, and the second central bank was also issued by charter this time when it came up for renewal, Congress goes, Yeah, let's renew it, right? Because the bankers knew we got to go buy a few congressmen if we want to keep this thing going. But President Andrew Jackson said, No, not going to happen. And it was a big battle. Is a famous quote of him just calling these bankers a brood of vipers. And I'm going to put you down. And God help me, I will, right? I mean, it was like intense fact, I do believe he got shot at one point. I think he died from lead poisoning, because he never got the bullet out. So, you know, when you go to up against the bankers, it's not pretty, but he succeeded. He was the last president that paid off all the debt, balanced budget, paid off all the debt, and we got kind of back on sound money. Well, then a little while later, said, Okay, we're going to need, like, something major, and this would. I should put on. I got my, this is my hat, right now, I'll kind of put it on. This is my, my tin foil hat. Okay? And so I put this on when I kind of go down the rabbit trail a little bit. No, I'm not saying this is what happened, but it wouldn't surprise me, right? Because I know that war is profitable, and so sometimes, you know, your comment was, hey, there's the bank, and then there was, you know, the war, or there's the war, then there's a bank, which comes first the chicken or the egg. I think there's an article where Henry Ford and Thomas Edison went to Congress. I think it was December. The article was published New York Tribune, December 4. I think 1921 you can look it up, New York Tribune, front page article   Keith Weinhold  15:38   fo those of you in the audio only. Russ started donning a tin foil looking hat here about one minute ago.    Russell Gray  15:45   I did, yeah, so I put it on. Just so fair warning. You know, I may go a little conspiratorial, but the reason I do that is I just, I think we've seen enough, just in current, modern history and politics, in the age of AI and software and freedom of speech and new media, there's a lot of weird stuff going on out there, but a lot of stuff that we thought was really weird a little while ago has turned out to be more true than we thought. When you look back in history, and you kind of read the official narrative and you wonder, you kind of read between the lines. You go, oh, maybe some stuff went on here. So anyway, the allegation that Ford made, smart guy, Thomas Edison, smart guy. And they go to Congress, and they go, Hey, we need to get the gold out of the banker's hands, because gold is money, and we need money not to revolve around gold, because the bankers control gold. They control the money, and they make profits, his words, not mine, by starting wars, because he was very upset about World War One, which happened. We got involved right after Fed gets formed in 1913 World War One starts in 1914 the United States sits off in the background and sells everybody, everything. It collects a bunch of gold, and then enters at the end and ends it all. And that big influx created the roaring 20s, as we all know, which ended big boom to big bust. And that cycle, which then a crisis that created, potentially a argument for why the government should have more control, right? So you kind of go down this path. So we ended up in 1865 with President Lincoln suppressing states rights and eventually creating an unconstitutional income tax and then creating an unconstitutional currency. That's what Abraham Lincoln did. And then on the back end of that, you know, it didn't end well for him, and I don't know why, but all I know is that we had a financial crisis in 1907 and the solution to that was the Aldrich plan, which was basically a monopoly on money. It's called a money trust. And Charles Lindbergh, SR was railing against it, as were many people at the time, going, No, this is terrible. So they renamed the Aldrich plan the Federal Reserve Act. And instead of going for a bank charter, they went for a constitutional amendment, and they got it in the 16th Amendment, and that's where we got the IRS. That's where we got the income tax, which was only supposed to be 7% only affect like the top one or 2% of earners, right? And that's where we got, you know, the Federal Reserve. That's where all that was born. Since that happened, to your point, the dollar has been on with a slight little rise up in the 20s, which, you know, there's a whole thing about whether that caused the crash or not. But at the end of the day, if you go look at St Louis Fed, which you go look at all the time, and you just look at the long term trend of the dollar, it's terrible. And the barometer, that's gold, right? $20 of gold in 1913 and 1933 and then 42 in 1971 or two, whatever it was, three, and then eventually as high as 850 but at the turn of the century, this century, it was $250 so at $2,500 it would have lost 90% in the 21st Century. The dollars lost 90% in the 21st Century, just to 2500 that's profound to go. That's right, it already lost more than 90% from $20 to 250 so it lost 90% and then 90% of the 10% that was left. And that's where we're at. We're worse than that. Today, no currency, as far as I understand, I've been told this. Haven't done the homework, but it's my understanding, no currency in the history of the world has ever survived that kind of debasement. So I think a lot of people who are watching are like, okay, it's not a matter of if, it's a matter of when. And then the big question is, is when that when comes? What does the transition look like? What rises in its place? And then you look at things like a central bank digital currency, which is not like Bitcoin, it's not a crypto, it's a centrally controlled currency run by the central bank. If we get that, I would argue that's not good for privacy and security. Could be Bitcoin would be better. I would argue, could go back to gold backing, which I would say is better than what we have, or we could get something nobody's even thought of. I don't know. We don't know, but I do think we're at the end of the life cycle. Historically, all things being equal. And I think all the indication with a big run up of gold, gold is screaming something's broken. It's just screaming it right now, not just because the price is up, but who's buying it. It's just central banks.   Keith Weinhold  20:12   Central banks are doing most of the buying, right? It's not individual investors going to a coin shop. So that's really screaming, telling you that people are concerned. People are losing their faith in giving loans to the United States for sure. And Russ, as we talk about gold, and it's important link to the dollar over time, you mentioned how they wanted it, to get it out of the bank's hands for a while. Of course, there was also a period of time where it was illegal for Americans to own gold. And then we had this Bretton Woods Agreement, which was really important as well, where we ended up violating promises that had to do with gold again. So can you speak to us some more about that? Because a lot of people just don't understand what happened at Bretton Woods.   Russell Gray  20:56   What happened is we had the big crash in 1929 and the net result of that was, in 1933 we got executive order 6102 In fact, I have a picture of it framed, and that was in the wake of that in 1933 and so what Franklin Delano Roosevelt did in signing that document, which was empowered by a previous act of Congress, basically let him confiscate all The money. It'd be like right now if, right now, you know, President Trump signed an executive order and said, You have to take all your cash, every all the cash that you have out of your wallet. You have to send it all, take it into the bank, and they're going to give you a Chuck E Cheese token, right? And if you don't do it, if you do it, it's a $500,000 fine in 10 years in prison. Right? Back then it was a $10,000 fine, which was twice the price of the average Home huge fine, plus jail time. That's how severe it was, okay? So they confiscated all the money. That happened in 33 okay? Now we go off to war, and we enter the war late again. And so we have the big manufacturing operation. We're selling munitions and all kinds of supplies to everybody, all over the world, right? And we're just raking the gold and 20,000 tons of gold. We got all the gold. We got the biggest army now, we got the biggest bomb, we got the biggest economy. We got the strongest balance sheet. Well, I mean, you know, we went into debt for the war, but, I mean, we had a lot of gold. So now everybody else is decimated. We're the big dog. Everybody knows we're the big dog. Nine states shows up in New Hampshire Bretton Woods, and they have this big meeting with the world, and they say, Hey guys, new sheriff in town. Britain used to be the world's reserve currency, but today we're going to be the world's reserve currency. And so this was the new setup. But it's okay. It's okay because our dollar is as good as gold. It's backed by gold, and so anytime you want foreign nations, you can just bring your dollars to us and we'll give you the gold, no problem. And everyone's like, okay, great. What are you going to say? Right? You got the big bomb, you got the big army. Everybody needs you for everything to live like you're not going to say no. So they said, Yes, of course, the United States immediately. I've got a speech that a guy named Beardsley Rummel did. Have you ever heard me talk about this before? Keith, No, I've never heard about this. So Beardsley Rummel was the New York Fed chair when all this was happening. And so he gave a speech to the American Bar Association in 1945 and I got a transcript of it, a PDF transcript of it from 1946 and basically he goes, Look, income taxes are obsolete. We don't need income tax anymore because we can print money, because we're off the gold standard and we have no accountability. We just admitted it, just totally admitted it, and said the only reason we have income tax is to manipulate behavior, is to redistribute wealth, is to force people to do what we want them to do, punish things and reward others, right? Just set it plain language. I have a transcript of the speech. You can get a copy of you send an email to Rummel R U, M, L@mainstreetcapitalist.com I'll get it to you. So it's really, really interesting. So he admitted it. So we went along in the 40s and the 50s, and, you know, we had the only big manufacturing you know, because everybody else is still recovering from the war. Everything been bombed to smithereens, and we're spending money and doing all kinds of stuff. And having the 50s, it was great, right, right up until the mid 60s. So the mid 60s, it's like, Okay, we got a problem. And Charles de Gaulle, who was the president of France at the time, went to a meeting. And there's a YouTube video, but you can see it, he basically told the world, hey, I don't think the United States is doing a good job managing this world's reserve currency. I don't think they've got the gold. I think they printed too much money. I think that we should start to go redeem our dollars and get the gold. That was pretty forward thinking. And he created a run on the bank. And at the same time, we passed the Coinage Act in 1965 and took all the silver out of the people's money. So we took the gold in 33 and then we took the silver in 65 right? Because we got Vietnam and the Great Society, welfare, all these things were going on in the 60s. We're just going broke. Meanwhile, our gold supply went from 20,000 tons down to eight and Richard. Nixon is like, whoa, time out. Like, this is bad. And so we had inflation in 1970 August 15, 1971 year before August 15, 1971 1970 Nixon writes an executive order and freezes all prices and all wages. It became illegal by presidential edict for a private business to give their employee a raise or to raise their prices to the customers.    Keith Weinhold  25:30   It's almost if that could happen price in theUnited States of America, right?    Russell Gray  25:36   And inflation was 4.4% and it was a national emergency like today. I mean, you know, a few years ago, like three or four years ago, we if we could get it down 4.4% it'd be Holly. I'd be like a celebration. That was bad. And so that's what happened. So a year later, that didn't work. It was a 90 day thing. It was a disaster. And so in a year later, August 15, 1971 Nixon came on live TV after Gunsmoke. I think it was, and I was old enough I'm watching TV on a Sunday night I watched it. Wow. So I live, that's how old I am. So it's a lot of this history, not the Bretton Woods stuff, but from like 1960 2,3,4, forward. I remember I was there.    Keith Weinhold  26:13   Yeah, that you remember the whole Nixon address on television. We should say it for the listener that doesn't know. Basically the announcement Nixon made, he said, was a temporary measure, is that foreign nations can no longer redeem their dollars for gold. He broke the promise that was made at Bretton Woods in about 1945   Russell Gray  26:32   Yeah. And then gold went from $42 up to 850 and a whole series of events that have led to where we're at today were put in place to cover up the fact that the dollar was failing. We had climate emergency. We were headed towards the next global Ice Age. We had an existential threat in two different diseases that hit one right after the other. First one was the h1 n1 flu, swine flu, and then the next thing was AIDS. And so we had existential pandemic, two of them. We also had a oil shortage crisis. We were going to run out of fossil fuel by the year 2000 we had to do all kinds of very public, visible, visceral things that we would all see. You could only buy gas odd even days, like, if your license plate ended in an odd number, you could go on these days, and if it ended on an even number, you could go on the other days. And so we had that. We lowered our national speed limit down to 55 miles an hour. We created the EPA and all these different agencies under Jimmy Carter to try to regulate and manage all of this crisis. Prior to that, Nixon sent Kissinger over to China, and we opened up trade relations. And we'd been in Vietnam to protect the world from communism because it was so horrible. And then in the wake of that, we go over to Communist China, Chairman Mao and open up trade relations. Why we needed access to their cheap labor to suck up all the inflation. And we went over to the Saudis, and we cut the petro dollar deal. Why? Because we needed the float. We needed some place for all these excess dollars that we had created to get sucked up. And so they got sucked up in trading the largest commodity in the world, energy. And the deal was, hey, Saudis, here's the deal. You like your kingdom? Well, we got the big bomb. We got the big army. You're going to rule the roost in the in the Middle East, and we'll protect you. All you got to do is make sure you sell all your oil in dollars and dollars only. And they're like, Well, what if we're selling oil to China, or what if we're selling oil to Japan? Can they pay in yen? Nope, they got to sell yen. Buy dollars. Well, what do we do with all these dollars? Buy our treasuries. Okay, so what if I got this? Yeah, and so that was the petrodollar system. And the world looked at everything went on, and the world is like, Hmm, the United States coming back to Europe, and Charles de Gaulle, they're like, the United States is not handling this whole dollar thing real well. We need an alternative. What if all of us independent nations in Europe got together and created a common currency? We don't want to be like one country, like the United States, but we want to be like an economic union. So let's create a current let's call it the euro. And they started that process in the 70s, but they didn't get it done till 99 and so they get it done in 99 as soon as they get it done, this guy named Saddam Hussein goes, Hey, I'm now the big dog here. I got the fourth largest army in the world. I'm here in, you know, big oil producing nation. Let's trade in the euro. Let's get off the dollar. Let's do oil in the euro. And he's gone. I'm not sure I should put my hat back on. I'm not sure, but somehow we went into Afghanistan and took a hard left and took this guy out.   Keith Weinhold  29:44   Some credence to this. Yes, yeah, so. But with that said,   Russell Gray  29:47   you know, we ended up with the Euro taking about 20% of the global trade market from the United States, which is about where it sits today. And the United States used to be up over 80% and now we're down below 60% still. The Big Dog by triple and the euro is not in a position to supplant the US, but I think China, whose claim to fame is looking at other people's technology and models and copying it, looked at what the United States did to become the dominant economic force, and I think they've systematically been copying it. I wrote a report on this way back in 2013 when I started really paying attention to it and began to chronicle all the things that they were doing, this big D dollarization movement that I think still has legs. It's the BRICS movement. It's all the central banks buying gold. It's the bilateral trade agreements where people are doing business outside the dollar. There's been not just that, but also putting together the infrastructure, right? The Asian Infrastructure Bank is an alternative to the IMF looking, if you have you read Confessions of an economic hitman. No. Okay, so this is a guy that used to work in the government, I think, CIA or something, and he would go down and he'd cut deals with leaders of countries to get them to borrow from the United States to put in key infrastructure so they could trade with the US. And then, of course, if they defaulted, then the US owned that in the infrastructure. You can look it up. His name is Perkins, right. Look it up confessions of economic hit now, but you see China doing the same thing. China's got their Belt and Road Initiative. And you go through, and if you want to trade with China on that route, you have traded, you're gonna have to have infrastructure. You can eat ports. You're gonna need terminals for distribution. But you, Oh, you don't have the money. We'll loan it to you, and we'll loan it to you and you want. Now we're creating demand for you want, and we also are enslaving borrower servant to the lender. We're beginning to enslave these other nations under the guise of helping them by financing their growth so they can do business with us. It's the same thing the United States did and Shanghai Gold Exchange, as opposed to the London Bullion exchange. So all of the key pieces of infrastructure that were put in place to facilitate Western hegemony in the financial markets the Chinese have been systematically putting in place with bricks, and so there's a reason we're in this big trade war right now. We recognize that they had started to get in a position where they were actually a real threat, and we got to cut their legs out from underneath them before they get any stronger. Again, I should put my hat back on. Nobody's calling me up and telling me, I'm just reading between the lines. Sure,   Keith Weinhold  32:23   there certainly are more competitors to the dollar now. And can you imagine what rate of inflation that we would have had if we had not outsourced our labor and productivity over to a low wage place like China in the east? Russ and I have been talking about the long term debasement of the dollar and why. More on that when we come back, including what Russ is up to today. You're listening to get rich education. Our guest is Russell Gray. I'm your host, Keith Weinhold, the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally while it's on your mind, start at Ridge lendinggroup.com that's Ridge lendinggroup.com. You know what's crazy? 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This is Rich Dad advisor, Garrett Sutton. You're listening to the always valuable. Get rich education with Keith Weinhold, don't quit your Daydream.    Keith Weinhold  34:52   Welcome back to get rich education. We're talking with the main street capitalists Russell gray about this long term debasement of the dollar. It's an. Inevitable. It's one of the things we actually can forecast with pretty good predictability that the dollar will continue to debase. It's one of the few almost guarantees that we have in investing. So we can think about how we want to play that Russ one thing I wonder about is, did we have to completely de peg the dollar from gold? Couldn't we have just diluted it where we could instead say, Well, hey, now, instead of just completely depegging the dollar from gold, we could say, well, now it takes 10 times as many dollars as it used to to redeem it for an ounce of gold. Did it make it more powerful that we just completely de pegged it 100%   Russell Gray  35:36   it would disempower the monopoly. Right? In other words, I think that the thing from the very beginning, was scripted to disconnect from the accountability of gold, which is what sound money advocates want. They want some form of independent Accountability. Gold is like an audit to a financial system. If you're the bankers and you're running the program, the last thing in the world you want is a gold standard, because it limits your ability to print money out of thin air and profit from that. So I don't think the people who are behind all of this are, in no way, shape or form, interested in doing anything that's going to limit their power or hold them accountable. They want just the opposite. I think if they could wave a magic wand and pick their solution to the problem, it would be central bank digital currency, which would give them ultimate control. Yeah. And it wouldn't surprise me if we maybe, perhaps, were on a path where some crises were going to converge, whether it's opportunistic, meaning that the crisis happened on its own, and quote Rahm Emanuel and whoever he was quoting, you know, never let a good crisis go to waste, and you're just opportunistic, or, you know, put the conspiracy theory hat on, and maybe these crises get created in order to facilitate the power grab. I don't know. It really doesn't matter what the motives are or how it happens at the end of the day, it's what happens. It happened in 33 it happened in 60. In 71 it's what happens. And so it's been a systematic de pegging of any form of accountability. I mean, we used to have a budget ceiling. We used to talk about now it's just like, it's routine. You blow right through it, right, right. There's you balance. I mean, when's the last time you even had a budget? Less, less, you know, much less anything that looked like a valid balanced budget amendment. So I think there's just no accountability other than the voting booth. And, you know, I think maybe you could make the argument that whether you like Trump or not, the public's apparent embrace of him, show you that the main street and have a lot of faith in Main Street. I think Main Street is like, you know what? This is broken. I don't know what's how to fix it, but somebody just needs to go in and just tear this thing down and figure out a new plant. Because I think if you anybody paying attention, knows that this perpetual debasement, which is kind of the theme of the show is it creates haves and have nots. Guys like you who understand how to use real estate to short the dollar, especially when you marry it to gold, which is one of my favorite strategies to double short the dollar, can really magnify the power of inflation to pull more wealth onto your balance sheet. Problem is the people who aren't on that side of the coin are on the other side of the coin, and so the poor get poorer and the rich get richer. Well, the first order of business in a system we can't control is help as many people be on the rich get richer. That's why we had the get rich show, right? Let's help other people get rich. Because if I'm the only rich guy in the room, all the guns are pointed at me, right? I wanted everybody as rich as possible. I think Trump and Kiyosaki wrote about that in their book. Why we want you to be rich, right? When everybody's prospering, it's it's better, it's safer, you have people to trade with and whatnot, but we have eviscerated the middle class because industry has had to go access cheap labor markets in order to compensate for this inflation. And you know, you talk about the Fed mandate, which is 2% inflation, price inflation, 2% so if you say something that costs $1 today, a year from now, is going to cost $1 too, you think, well, maybe that's not that bad. But here's the problem, the natural progression of Business and Technology is to lower the cost, right? So you have something cost $1 today, and because somebody's using AI and internet and automation and robots and all this technology, right? And the cost, they could really sell it for 80 cents. And so the Fed looks at and goes, Let's inflate to $1.02 that's not two cents of inflation. That's 22 cents of inflation. And so there's hidden inflation. The benefits of the gains in productivity don't show up in the CPI, but it's like deferred maintenance on an apartment building. You can make your cash flow look great if you're not setting anything aside for the inevitable day when that roof is going to go out and that parking lot is going to need to be repaved, right? And you don't know how far out you are until you get there and you're like, wow, I'm really short, and I think that we have been experiencing for decades. The theft of the benefit of our productivity gains, and we're not just a little bit out of position. We're way out of position. That's   Keith Weinhold  40:07   a great point. Like I had said earlier, imagine what the rate of inflation would be if we hadn't outsourced so much of our labor and productivity to low cost China. And then imagine what the rate of inflation would be as well, if you would factor in all of this increased productivity and efficiency, the natural tendencies of which are to make prices go lower as society gets more productive, but instead they've gone higher. So when you adjust for some of these factors, you just can't imagine what the true debased purchasing power of the dollar is. It's been happening for a long time. It's inevitable that it's going to continue to happen in the future. So this has been a great chat about the history and us understanding what the powers that be have done to debase our dollar. It's only at what rate we don't know. Russ, tell us more about what you're doing today. You're really out there more as a champion for Main Street in capitalism.   Russell Gray  41:04   I mean, 20 years with Robert and the real estate guys, and it was fantastic. I loved it. I went through a lot, obviously, in 2008 and that changed me a little bit. Took me from kind of being a blocking and tackling, here's how you do real estate, and to really understanding macro and going, you know, it doesn't matter. You can do like I did, and you build this big collection. Big collection of properties and you lose it all in a moment because you don't understand macro. So I said, Okay, I want to champion that cause. And so we did that. And then we saw in the 2012 JOBS Act, the opportunity for capital raisers to go mainstream and advertise for credit investors. And I wrote a report then called the new law breaks Wall Street monopoly. And I felt like that was going to be a huge opportunity, and we pioneered that. But then after my late wife died, and I had a chance to spend some time alone during COVID, and I thought, life is short. What do I really want to accomplish before I go? And then I began looking at what was going on in the world. I see now a couple of things that are both opportunities and challenges or causes to be championed. And one is the mega trend that I believe the world is going you know, some people call it a fourth turning whatever. I don't consider that kind of we have to fall off a cliff as Destiny type of thing to be like cast in stone. But what I do see is that people are sick and tired of monopolies. We're sick and tired of big tech, we're sick and tired of big media, we're sick and tired of big government. We're sick and tired of big corporations, we don't want it, and big banks, right? So you got the rise of Bitcoin, you got people trying to get out from underneath the Western hegemony, as we've been talking about decentralization of everything. Our country was founded on the concept of decentralization, and so people don't understand that, right? It used to be everything was centralized. All powers in the king. Real Estate meant royal property. That's what real estate it's not like real asset, like tangible it's royal estate. It's royal property. Everything belonged to the king, and you just got to work it like a serf. And then you got to keep 75% in your produce, and you sent 25% you sent 25% through all the landlords, the land barons, and all the people in the hierarchy that fed on running things for the king, but you didn't own anything. Our founder set that on, turn that upside down, and said, No, no, no, no, no, it's not the king that's sovereign. It's the individual. The individual is sovereign. It isn't the monarchy, it's the individual states. And so we're going to bring the government, small. The central government small has only got a couple of obligations, like protect the borders, facilitate interstate commerce, and let's just have one common currency so that we can do business together. Other than that, like, the state's just going to run the show. Of course, Lincoln kind of blew that up, and it's gotten a lot worse after FDR, so I feel like we're under this big decentralization movement, and I think Main Street capitalism is the manifestation of that. If you want to decentralize capitalism, the gig economy, if you want to be a guy like you, and you can run your whole business off your laptop with a microphone and a camera, you know, in today's day and age with technology, people have tasted the freedom of decentralization. So I think the rise of the entrepreneur, I think the ability to go build a real asset portfolio and get out of the casinos of Wall Street. I think right now, if we are successful in bringing back these huge amounts of investment, Trump's already announced like two and a half or $3 trillion of investment, people are complaining, oh, the world is selling us. Well, they're selling stocks and they're selling but they're putting the money actually into creating businesses here in the United States that's going to create that primary driver, as you well know, in real estate, that's going to create the secondary and tertiary businesses, and the properties they're going to use all kinds of Main Street opportunity are going to grow around that. I lived in Silicon Valley, when a company would get funded, it wasn't just a company that prospered, it was everything around that company, right? All these companies. I remember when Apple started. I remember when Hewlett Packard, it was big, but it got a lot bigger, right there. I watched all that happen in Silicon Valley. I think that's going to happen again. I think we're at the front end of that. And so that's super exciting. Wave. The second thing that is super important is this raising capitalist project. And the reason I'm doing it is because if we don't train our next generation in the principles of capitalism and the freedom that it how it decentralizes Their personal economy, and they get excited about Bitcoin, but that's not productive. I'm not putting it down. I'm just saying it's not productive. You have to be productive. You want to have a decentralized currency. Yes, you want to decentralize productivity. That's Main Street capitalism. If kids who never get a chance to be in the productive economy get to vote at 1819, 2021, 22 before they've ever earned a paycheck, before they have any idea, never run a business. Somebody tells them, hey, those guys that have all that money and property, they cheated. It's not fair. We need to take from them. We need to limit them, not thinking, Oh, well, if I do that, when I get to be there, that what I'm voting for is going to get on me. Right now, Keith, there are kids in ninth grade who are going to vote for your next president, right?   Keith Weinhold  45:56   And they think capitalism is evil. This is part of what you're doing with the raising capitalists project, helping younger people think differently. Russ, I have one last thing to ask you. This has to do with the capitalism that you're championing on your platforms now. And real estate, I continue to see sometimes I get comments on my YouTube channel, especially maybe it's more and more people increasingly saying, Hey, I think housing should be a human right. So talk to us about that. And maybe it's interesting, Russ, if I take the other side of it and play devil's advocate, people who think housing is a human right, they say something like, the idea is that housing, you know, it's a fundamental need, just like food and clean water and health care are without stable housing. It's incredibly hard for a person to access opportunities like work and education or health care or participate meaningfully in society at all. So government ought to provide housing for everybody. What are your thoughts there?   Russell Gray  46:54   Well, it's inherently inflationary, which is the root cause of the entire problem. So anytime you create consumption without production, you're going to have more consumers than producers, and so you're going to have more competition for those goods. The net, net truth of what happens in that scenario are shortages everywhere. Every civilization that's ever tried any form of system where people just get things for free because they need them, end up with shortages in poverty. It doesn't lift everybody. It ruins everything. I mean, that's not conjecture. That's history, and so that's just the way it works. And if you just were to land somebody on a desert island and you had an economy of one, they're going to learn really quick the basic principles of capitalism, which is production always precedes consumption, always 100% of the time, right? If you're there on that desert island and you don't hunt fish or gather, you don't eat, right? You don't get it because, oh, it's a human right to have food. Nope, it's a human right to have the right to go get food. Otherwise, you're incarcerated, you have to have the freedom of movement to go do something to provide for yourself, but you cannot allow people to consume without production. So everybody has to produce. And you know, if you go back to the Plymouth Rock experiment, if you're familiar with that at all, yeah, yeah. So you know, just for anybody who doesn't know, when the Pilgrims came over here in the 1600s William Bradford was governor, and they tried it. They said, Hey, we're here. Let's Stick Together All for one and one for all. Here's the land. Everybody get up every day and work. Everybody works, and everybody eats. They starved. And so he goes, Okay, guys, new plan. All right, you wine holds. See this little plot of land, that's yours. You work it. You can eat whatever you produce. Over there, you grace. You're going to do yours and Johnson's, you're going to do yours, right? Well, what happened is now everybody got up and worked, and they created more than enough for their own family, and they had an abundance. And the abundance was created out of their hunger. When they went to serve their own needs, they created abundance forever others. That's the premise of capitalism. It's not the perfect system. There is no perfect system. We live in a world where human beings have to work before they get to eat. When I say eat, it could be having a roof over their head. It could be having clothes. It could be going on vacation. It could be having a nice car. It could be getting health care. It doesn't matter what it is, whatever it is you need. You have the right, or should have, the right, in a free system to go earn that by being productive, but the minute somebody comes and says, Oh, you worked, and I'm going to take what you produced and give it to somebody else who didn't, that's patently unfair, but economically, it's disastrous, because it incentivizes people not to work, which creates less production, more consumption. I have another analogy with sandwich makers, but you can imagine that if you got a group if you got a group of people making sandwiches, one guy starts creating coupons for sandwiches. Well then if somebody says, Okay, well now we got 19 people providing for 20. That's okay, but then all the guys making sandwiches. Why making sandwiches? I'm gonna get the coupon business pretty soon. You got 18 guys doing coupons, only two making sandwiches. Not. Have sandwiches to go around all the sandwiches cost tons of coupons because we got way more financialization than productivity, right? That's the American economy. We have to fix that. We can't have people making money by just trading on other people's productivity. We have to have people actually being productive. This is what I believe the administration is trying to do, rebuild the middle class, rebuild that manufacturing base, make us a truly productive economy, and then you don't have to worry about these things, right? We're going to create abundance. And if you don't have the inflation is which is coming from printing money out of thin air and giving to people who don't produce, then housing, all sudden, becomes affordable. It's not a problem. Health care becomes affordable. Everything becomes affordable because you create abundance, because everybody's producing the system is fundamentally broken. Now we have to learn how to profit in it in its current state, which is what you teach people how to do. We also have to realize that it's not sustainable. We're on an unsustainable path, and we're probably nearing that event horizon, the path of no return, where the system is going to break. And the question is, is, how are you going to be prepared for it when it happens? Number two, are you going to be wise enough to advocate when you get a chance to cast a vote or make your voice heard for something that's actually going to create prosperity and freedom versus something that's going to create scarcity and oppression? And that's the fundamental thing that we have to master as a society. We got to get to our youth, because they're the biggest demographic that can blow the thing up, and they're the ones that have been being indoctrinated the worst.   Keith Weinhold  51:29   Yes, Fed Chair Jerome Powell himself said that we live in a economic system today that is unsustainable. Yes, the collectivism we touched on quickly descends into the tyranny of the majority. And in my experience, historically, the success of public housing projects has been or to mixed at best, residents often don't respect the property when they don't have an equity stake in it or even a security deposit tied up in it, and blight and high crime rates have often followed with these public housing projects. When you go down that path of making housing as a human right, like you said earlier, you have a right to go procure housing for yourself, just not to ask others to pay for it for you. Well, Russ, this has been great. It's good to have your voice back on the show. Here again, here on a real estate show. If people want to connect with you, continue to see what you've been up to and the good projects that you're working on, promoting the virtues of capitalism. What's the best way for them to do that?   Russell Gray  52:31   I think just send an email to follow at Russell Gray, R, U, S, S, E, L, L, G, R, A, y.com, let you know where I am on social media. I'll let you know when I put out new content. I'll let you know when I'm a guest on somebody somebody's show and I'm on the cusp of getting my own show finally launched. I've been doing a lot of planning to get that out, but I'm excited about it because I do think, like I said, The time is now, and I think the marketplace is ripe, and I do speak Main Street and macro, and I hope I can add a nuance to the conversation that will add value to people.   Keith Weinhold  53:00   Russ, it's been valuable as always. Thanks so much for coming back onto the show. Thanks, Keith.   Yeah, terrific, historic outline from Russ about the long term decline of the dollar. It's really a fresh reminder and motivator to keep being that savvy borrower. Of course, real estate investors have access to borrow giant sums of dollars and short the currency that lay people do not. In fact, lay people don't even understand that it's a viable strategy at all. Like he touched on, Russ has really been bringing an awareness about how decentralization is such a powerful force that reshapes society. In fact, he was talking about that the last time that I saw him in person a few months ago. Notably, he touched on Nixon era wage and price controls. Don't you find it interesting? Fascinating, really, how a few weeks ago, Trump told Walmart not to pass tariff induced price increases onto their customers. Well, that's a form of price control that we're seeing today to our point, when we had the father of Reaganomics, David Stockman here on the show, five weeks ago, tariffs are already government intervention into the free market, and then a president telling private companies how to set their prices, that is really strong government overreach. I mean, I can't believe that more people aren't talking about this. Maybe that's just because this cycle started with Walmart, and that's just doesn't happen to be a company that people feel sorry for. Hey, well, I look forward to meeting you in person in Miami in just four days, as I'll be a faculty member for when we kick off the terrific real estate guys Investor Summit and see and really getting to know you, because we're going to spend nine days together. Teaching, learning and having a great time on a cruise ship in the Caribbean. Until then, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  55:13   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  55:36   You know whatever you want, the best written real estate and finance info. Oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read. And when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text, GRE to 66866   The preceding program was brought to you by your home for wealth, building, getricheducation.com.

Watch on Philo! - Philo.tv/DTHThe movie kicks off mid stand off. This dude is asking Ethan for the Rabbit's Foot. Ethan is like I gave you to the Rabbit's Foot. He's like you have until the count of 10 or I kill your boo thang over here. There's yelling. It's serious. Ethan is like I'll help you find the Rabbit's Foot but you gotta let her go. Dude says 10 and it cuts to the Mission Impossible music, back to form!  Cut back a bit. Ethan is just living a normal life and he is engaged to a women named Julia. She's not Nyla and we'll never hear from her again. We're at their engagement party when Ethan get's a call. He knows it means to meet at the gas station, so he goes to "get ice". At the gas station, he sees his buddy John from the IMF. He tells him about a mission to rescue one of Ethan's proteges, Lindsey Farris, who was captured while investigating arms dealer Owen Davian, who is the guy from the beginning of the movie. Normally IMF would disavow captured agents, but Farris may be their only clue to get to Davian who is a high priority for the IMF.  After a night of sleep, Ethan decides he in. He's met by his old pal Luther and a couple of other folks. They raid the warehouse where Lindsey is. She tells Ethan that she needs to talk to him but there's no time. They get to the helicopter and Lindsey begins to complain about serious pain in her head. Ethan uses his fancy head scanner and discovers a micro-explosive implanted in Lindsey's head. He tells her he needs to use a defibrillator to disable the decide. But before they can charge it, it goes off and she dies.  When he gets back to the IMF, he is in big trouble. IMF director Theodore Brassel tells him that he's lucky to even be alive now.  Ethan finds out that IMF technician Benji Dunn recovers enough from the damaged laptops that they took from the warehouse. He finds out that Davian is gonna be at the Vatican City to get the "Rabbit's Foot", something he's planning to sell for 850 million dollar. So Ethan once again has to tell Julia that he's gotta travel for work.  Before leaving, he and Julia have an impromptu wedding at the hospital's chapel and then kiss big ones!  And off he goes to infiltrate the  Vatican City and capture Davian. The plan goes perfectly, complete with masks, switch em up, it's a whole thing. And they all escape on a boat. It's a perfect plan. They even make everyone think that Davian died in a car explosion. On the flight back, Davian wakes up and immediately threatens to kill Ethan and his wife. This makes Ethan very mad and when Davian won't share where the Rabbit's Foot is and who his buyer is, he dangles Davian out the plane. After landing, Ethan learns of a video of Lindsey warning that she believes IMF Director Brassel is working with Davian. Just then, the convoy that has Davian is suddenly attacked and Davian escapes. Ethan is able to get his hands on the briefcase though that contains the location of the Rabbit's Foot.  Ethan is very concerned about Julia. So he rushes to the hospital to warn her but it's too late. Davian calls Ethan to give him 48 hours to recover the Rabbit's Foot for Julia's life, but then Ethan is captured by IMF. Brassel holds him there and calls him a rogue agent. His buddy Agent John Musgrave from the beginning comes in to "question him" but really is there to mouth instruction for how to escape and get to the Rabbit's Foot's location and gives him a knife to help him escape.  Armed with a delightful disguise, Ethan hops on a plane to Shanghai and meets his team, which Musgrave sent there under the guise of another operation. Ethan and his team raid the building where the Rabbit's Foot is secured and tell Davian that they have the Rabbit's Foot.  Ethan goes to deliver the Rabbit's Foot with almost no time to spare. Davian tells him to arrive alone. He tags the Rabbit's Foot and send the info to Musgrave so he can track it.  He is forced to show up alone with the Rabbit's foot. He is then given a liquid to drink that knocks him out. When he wakes up, he is injected with the same micro-explosive Lindsey had in her head. Suddenly, we're back to the beginning with Davian questioning where the Rabbit's Foot is which Ethan is confused by because he had it in his hand when he drank that stuff. It's not good enough for Davian and he shoots and kills Julia.  Musgrave then walks in. Turns out, it wasn't really Julia. It was Davian's head of security in a Julia mask.  They put a Julia mask on her to force Ethan to tell the truth about what he brought. Musgrave reveals himself as the mole, not Brassel. He explains to Ethan that all of this is to get the US to attack the middle east in order to make sure they don't use the Rabbit's Foot.  But Musgrave knows about Lindsey's message. He demands to know what it was. Ethan won't tell him. So he calls up to show that he does indeed have Julie captive. Ethan bites his hand. He calls Benji and asks him to track where the last call from Musgrave's phone was to. Benji gives him the info despite Ethan being a wanted man.  He stays on the phone with him and leads him through Shanghai to get him to Julia. Unfortunately, Davian is also there. He tells Ethan he's going to kill Julia in front of him.  But Ethan fights back, pushes him out onto the road, rolls Davian on top of him so he gets hit by a truck that passes over Ethan perfectly.  He runs back to free Julia but Ethan has that micro-explosive in his head. He stumbles around trying to find a defibrillator. So he makes a handmade one, teaches Julia how to use a gun, asks her to exlectrocute him and bring him back to life. She proceedes to do all of that perfectly, including killing Musgrave. She punches Ethan in the chest until he comes back.  He explains to Julia who he really is and brings Brassel the Rabbit's Foot. Brassel tries to convince him to stay on but all Ethan says is "I'll send you a postcard." The whole office cheers as Ethan and Julia walk off together. 

Watch on Philo! - Philo.tv/DTHWe're in Sydney, Australia. Biocyte Pharmaceuticals. This Einstein looking mother goose shoots himself in the wrist with this gun that has some sort of drug in it. Apparently he created a bioweapon for Biocyte called Chimera but also created the cure for it. And he needs to get it into the right hands.  Next thing you know, he's on a plane sitting next to Ethan Hunt. He's the right hands. The plane experiences some cabin pressure loss, so the masks come down. Ethan stands up to take a look at whats up. People with the masks on start dropping like flies. Turns out, it's not really Ethan Hunt. It's a dude in the mask. Son of a gun got me again! There's a group of baddies who take the briefcase that Einstein had in his hands. They kill him and jump out of the plane before it crashes.Next thing you know, we're with Ethan Hunt, the real one. and he's just rock climbing, free solo style. It's nuts. Suddenly, this bag with glasses appear and he's given his mission - find this women named Nyah who apparently is the ex of Ambrose, the head of the guys from the plane. They think she'll be able to help get the briefcase back seeing as how she's also a profession thief. Ethan finds Nyah at this party trying to pick a lock for a necklace. Ethan tries to warn Nyah that the lock is protected by a fool proof alarm, but she ignores him. They are surrounded by armed guards. Thanks to Ethan's cover, he helps her escape, but she's not interested in working with him. Ethan chases Nyah in his car and he saves her life when car skids and falls over the cliff edge. They then have special time and she agrees to help him. Ethan then meets mission commander Swanbeck who reveals that Einstein had sent a video message to Ethan, while Ethan was out climbing. Now he's dead. And that's why you don't go on vacation. Apparently Ambrose was ordered by Swanbeck to impersonate Ethan Hunt since that who Einstein trusted but then he went rouge. Ethan's mission is to find this briefcase with the drug in it and bring it back.Nyah is not happy to learn that she has been recruited because she was Ambrose's ex-girlfriend but she agrees to help. Ethan get a team together. Luther is back and then we meet Billy, an australian helicopter pilot. Nyah sets up a time to meet with Ambrose. He sends someone to bring her to him which she's okay with because she knows that Ethan is tracking her and will keep her safe. One of Ambrose's associates, Hugh, suggests that Nyah's timing is a big suspcious, so he cuts off the tip of his pinky. Ambrose makes a memory card with information on Chimera and brings it to the race track to show to John McCloy, the CEO of Biocyte. Ethan sees Ambrose showing the contents of the memory card to McCloy on a camera. Nyah is able to get that card and gives it to Ethan. The card confirms that the drug is deadly. She gets back to Ambrose and she sneaks the card back into his pocket, which he notices but plays it cool. McCloy gets into his limo which has been taken by the IMF and they pump it full of this gas.  When he wakes up, he's  in a fake hospital room and is greeted by the ghost of Einstein. He tells him he's been infected with Chimera. McCloy admits that he ordered Chimera to be developed as a bio-weapon to sell for big bucks. Obviously, it's actually just Ethan in a mask and he now has all the information he needs. Nyah meets up with Ethan and they talk about the plan and we find out that it's not actually Ethan, rather it's Ambrose in a mask. So many masks, so little time. Ambrose decides he's going to use Nyah as bait to get Ethan to show up. Ethan and his team work on a plan to break into Biocyte and destory the remaining Chimera samples. Ethan enters the building from the roof, cuz it's Mission Impossible. He gets into the labs and begins to get rid of the remaining samples. Ther'es one left when he is suddenly ambused by Ambrose and his team. Ethan isn't worried about it until he finds out that Ambrose brought Nyah. He sends her over to grab the last gun of Chimera.. Nyah injects the virus into her body, giving her 20 hours to live and ensuring that Ambrose won't kill her. Ethan escapes but promising to save her. Ambrose releases Nyah on the streets of Sydney to spread the virus. Why? Because he meets back up with McCloy with a vile of the virus. He says he doesn't wants his money, he wants stock because as the Chimera outbreak grows, BioCyte will make a ton of money since they already have the anti-virus. McCloy isn't thrilled with this plan but there's not much he can do. Suddenly, there's a knock on the door. It's an explosive thrown by Ethan. Ambrose tells his baddies to go kill him, including Hugh. Ethan and Hugh get into a big fight. He is able to put an Ethan mask onto Hugh and put a Hugh mask on himself. Ambrose them killed the fake Ethan. But when Ambrose see's fake Ethan's finger, he realizes what he's done. While Ambrose was distracted by this, the real Ethan takes the vials containing the virus and the antidote and runs to the helicopter waiting for him outside. Ambrose catches up with him first which leads to a bit of a chase with Ethan on a motorcycle, riding it through fire and what not. Ultimately, it leads to a fight between Ambrose and Ethan and Ethan is able to kill him in one of the more ridiculous ways you could imagine. They tracked Nyah down and brought her to Ethan and Luther injects her with the anti-virus! Commander Swanbeck reminds Ethan he was supposed to bring back a sample of the Chimera virus and he's like sorry. Nyah's record is wiped clean and Ethan ends the movie by meeting up with her and kissing big ones cuz everything is just a Hallmark movie in disguise, some might say a mask.