Podcasts about Japan

In the scenic hot spring city of Beppu, Japan, a 21-year-old college student noticed a few missing items from her laundromat dryer. What seemed like a minor inconvenience led police to a discovery that left seasoned detectives speechless: 730 pieces of women's undergarments meticulously stashed in a single apartment. --For early, ad free episodes and monthly exclusive bonus content, join our Patreon! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, Andrew and Indiana talk about tattoos. They share personal stories, why some people choose tattoos, why others do not, and how tattoo culture looks in Korea, Japan, Canada, and the USA. You will hear clear examples of common tattoo words like sleeve, stick and poke, hand poked, lettering, script, blackout, and tribal. Andrew and Indiana also chat about cost, pain, trends, and rules about tattoos at workplaces and onsen in Japan. If you have opinions about tattoos and are interested in hearing more, this episode is perfect for listening practice and vocabulary-building! What you'll learn with this episode: Useful tattoo vocabulary you can use in real life How to give opinions and reasons politely: how to agree, disagree, and soften your viewpoint Words for trends and style changes over time How to compare cultures and places How to share personal stories in a simple, clear way This episode is perfect for you if: You want listening practice with clear, natural speech and real life topics You want to learn English vocabulary you can use with friends, classmates, or coworkers You like culture, travel, music, and body art, and want words to talk about them in English You are an intermediate ESL learner who wants to sound more natural and confident The Best Way to Learn with This Episode: Culips members get an interactive transcript, helpful study guide, and ad-free audio for this episode. Take your English to the next level by becoming a Culips member. Become a Culips member now: Click here. Members can access the ad-free version: Click here. Join our Discord community to connect with other learners and get more English practice. Click here to join. 

Subscribe now to skip the ads and get all of our content. While much of America endures an Arctic freeze, Danny and Derek bring to you scorching hot headlines. This week: renewed fighting breaks out between the Syrian government and the SDF as Damascus pushes across the Euphrates and ceasefires collapse (1:39); Israel plans to raze Rafah and construct controlled “humanitarian cities” as a template for postwar Gaza (10:32); Trump hints at striking Iran amid U.S. force movements (14:26); a Cambodian NGO accuses the Thai military of demolishing homes in disputed border villages with Cambodia (17:31); Japan's prime minister is dissolving parliament and calling a snap election to capitalize on high approval ratings (19:45); heavy fighting breaks out in Sudan's North Kordofan as the RSF seeks to block a government offensive toward Darfur (22:17); Somalia reaches a new defense cooperation agreement with Qatar (24:18); the EU is reportedly offering Ukraine a rapid partial membership as part of postwar security guarantees (26:27); attendees at Davos discuss a Ukraine reconstruction plan (28:44); Portugal's far-right Chega candidate reaches the presidential runoff (31:10); the Trump administration is exploring a Maduro-style operation in Cuba (32:47); Trump threatens and then backs off tariffs over Greenland after talks with NATO (35:22); Mark Carney's Davos speech on the collapse of the rules-based order gains attention (41:01); there is renewed speculation about Havana syndrome following reports the U.S. acquired a suspected energy weapon (43:00); and Trump formally launches his “Board of Peace,” with an unclear mandate and membership (45:00). Learn more about your ad choices. Visit megaphone.fm/adchoices

While the Monster Energy supercross riders are down here for the west coast rounds, Ping is joined by one of the most humble/down to earth, but capable riders. And it's none other than the Japan native, Jo Shimoda.

While much of America endures an Arctic freeze, Danny and Derek bring to you scorching hot headlines. This week: renewed fighting breaks out between the Syrian government and the SDF as Damascus pushes across the Euphrates and ceasefires collapse (1:39); Israel plans to raze Rafah and construct controlled “humanitarian cities” as a template for postwar Gaza (10:32); Trump hints at striking Iran amid U.S. force movements (14:26); a Cambodian NGO accuses the Thai military of demolishing homes in disputed border villages with Cambodia (17:31); Japan's prime minister is dissolving parliament and calling a snap election to capitalize on high approval ratings (19:45); heavy fighting breaks out in Sudan's North Kordofan as the RSF seeks to block a government offensive toward Darfur (22:17); Somalia reaches a new defense cooperation agreement with Qatar (24:18); the EU is reportedly offering Ukraine a rapid partial membership as part of postwar security guarantees (26:27); attendees at Davos discuss a Ukraine reconstruction plan (28:44); Portugal's far-right Chega candidate reaches the presidential runoff (31:10); the Trump administration is exploring a Maduro-style operation in Cuba (32:47); Trump threatens and then backs off tariffs over Greenland after talks with NATO (35:22); Mark Carney's Davos speech on the collapse of the rules-based order gains attention (41:01); there is renewed speculation about Havana syndrome following reports the U.S. acquired a suspected energy weapon (43:00); and Trump formally launches his “Board of Peace,” with an unclear mandate and membership (45:00).Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Would you get on a Japanese rocket to space? AbroadInJapanPodcast@gmail.com! (We don't have access to any rockets, we just want your emails.) Hosted on Acast. See acast.com/privacy for more information.

Our Global Chief Economist Seth Carpenter joins our chief regional economists to discuss the outlook for interest rates in the U.S., Japan and Europe.Read more insights from Morgan Stanley.----- Transcript -----Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research. And today we're kicking off our quarterly economic roundtable for the year. We're going to try to think about everything that matters in economics around the world. And today we're going to focus a little bit more on central banking. And when we get to tomorrow, we'll focus on the nuts and bolts of the real side of the economy. I'm joined by our chief regional economists. Michael Gapen: Hi, Seth. I'm Mike Gapen, Chief U.S. Economist at Morgan Stanley. Chetan Ahya: I'm Chetan Ahya, Chief Asia economist. Jens Eisenschmidt: And I'm Jens Eisenschmidt, Chief Europe economist. Seth Carpenter: It's Thursday, January 22nd at 10 am in New York. Jens Eisenschmidt: And 4 pm in Frankfurt. Chetan Ahya: And 9 pm in Hong Kong. Seth Carpenter: So, Mike Gapen, let me start with you as we head into 2026, what are we thinking about? Are we going into a more stable expansion? Is this just a different phase with the same amount of volatility? What do you think is going to be happening in the U.S. as a baseline outlook? And then if we're going to be wrong, which direction would we be wrong? Michael Gapen: Yeah, Seth, we took the view that we would have more policy certainty. Recent weeks have maybe suggested we're incorrect on that front. But I still believe that when it comes to deregulation, immigration policy and fiscal policy, we have much more clarity there than we did a year ago. So, I think it's another year of modest growth, above trend growth. We're forecasting something around 2.4 percent for 2026. That's about where we finished 2025. I think what's key for markets and the outlook overall will be whether inflation comes down. Firms are still passing through tariffs to the consumer. We think that'll happen at least through the end of the first quarter. It's our view that after that, inflation pressures will start to diminish. If that's the case, then we think the Fed can execute one or two more rate cuts. But we have those coming [in] the second half of the year. So, it looks like growth is strong enough. The labor market has stabilized enough for the Fed to wait and see, to look around, see the effects of their prior rate cuts, and then push policy closer to neutral if inflation comes down. Seth Carpenter: And if we go back to last year to 2025, I will give you the credit first. Morgan Stanley did not shift its forecast for recession in the U.S. the way some of our main competitors did. On the other hand, and this is where I maybe tweak you just a little bit. We underestimated how much growth there would be in the United States. CapEx spending from AI firms was strong. Consumer spending, especially from the top half of the income distribution in the U.S. was strong. Growth overall for the year was over 2 percent, close to 2.5 percent. So, if that's what we just came off of, why isn't it the case that we'd see even stronger growth? Maybe even a re-acceleration of growth in 2026? Michael Gapen: Well, some of that, say, improvement vis-à-vis our forecast, the outperformance. Some of that I think comes mechanically from trade and inventory variability. So, . I'm not sure that that says a lot about an improving trend rate of growth. Where there was other outperformance was, as you noted, from the consumer. Now our models, and I don't mean to get too technical here, but our model suggests that consumption is overshooting its fundamentals. Which I think makes it harder for the economy to accelerate further. And then AI; it's harder for AI spending to say get incrementally stronger than where it is. So, we're getting a little extra boost from fiscal. We've got that coming through. And I just think what it is, is more of the same rather than further acceleration from here. Seth Carpenter: Do you think there's a chance that the Fed in fact does not cut rates like you have in your forecast? Michael Gapen: Yes, I do think... Where we could be wrong is we've made assumptions around the One Big Beautiful Bill and what it will contribute to the economy. But as you know, there's a lot of variability around those estimates. If the bill is more catalytic to animal spirits and business spending than we've assumed, you could get, say, a demand driven animal spirits upside to the economy, which may mean inflation doesn't decelerate all that much. But I do think that that's, say, the main upside risk that we're considering. Markets have been gradually taking out probabilities of Fed cuts as growth has come in stronger. So far, the inflation data has been positive in terms of signaling about disinflation, but I would say the jury's still out on how much that continues. Seth Carpenter: Chetan, When I think about Japan, we know that it's been the developed market central bank that's been going in the opposite direction. They've been hiking when other central banks have been cutting. We got some news recently that probably put some risk into our baseline outlook that we published in our year ahead view about both growth and inflation in Japan. And with it what the Bank of Japan is going to do in terms of its normalization. Can you just walk us through a little bit about our outlook for Japan? Because right now I think that the yen, Japanese rates, they're all part of the ongoing market narrative around the world. Chetan Ahya: Yeah, Seth. So, look, I mean, on a big picture basis, we are constructive on the Japan macro-outlook. We think normal GDP growth remains strong. We are expecting to see the transition for the consumers from them seeing, you know, supply side inflation. Keeping their real wage growth low to a dynamic where we transition to real wage growth accelerating. That supports real consumption growth, and we move away from that supply side driven inflation to demand side driven inflation. So broadly we are constructive, but I think in the backdrop, what we are seeing on currency depreciation is making things a bit more challenging for the BOJ. While we are expecting that demand side pressure to build up and drive inflation, in the trailing data, it is still pretty much currency depreciation and supply side factors like food inflation driving inflation. And so, BOJ has been hesitant. So, while we had the expectation that BOJ will hike in January of 2027, we do see the risk that they may have to take up rate hike earlier to manage the currency not getting out of hand and adding on to the inflation pressures. Seth Carpenter Would I be right in saying that up until now, the yen has swung pretty widely in both directions. But the weakening of the yen until now hasn't been really the key driver of the Bank of Japan's policy reaction. It's been growth picking up, inflation picking up, wanting to get out of negative interest rates first, wanting to get away from the zero lower bounds. Second, the weaker yen in some sense could have actually been seen as a positive up until now because Japan did go through 25 years of essentially stagnant nominal growth. Is this actually that much of a fundamental change in the Bank of Japan's thinking – needing to react to the weakness of the yen? Chetan Ahya: Broadly what you're saying is right, Seth, but there is also a threshold of where the currency can be. And beyond a point, it begins to hurt the households in form of imported inflation pressures. And remember that inflation has been somewhat high, even if it is driven by currency depreciation and supply side factors for some time. And so, BOJ has to be watchful of potential lift in inflation expectations for the households. And at the same time, they are also watching the underlying inflation impact of this currency depreciation – because what we have seen is that over period workers have been demanding for higher wages. And that is also influenced by what happens to headline inflation, which is driven by currency depreciation. So, I would say that, yes, it's been true up until now. But, when currency reaches these very high levels of range, you are going to see BOJ having to act. Seth Carpenter: Jens, let's shift then to Europe. The ECB had been on a cutting cycle. They came to the end of that. President Lagarde said that she thought the disinflationary process had ended. In your year ahead forecast and a bunch of your writing recently, you've said maybe not so fast. There could still be some more disinflationary, at least risk, in the pipeline for Europe. Can you talk a little bit about what's going on in terms of European inflation and what it could mean for the European Central Bank? Because clearly that's going to be first order important for markets.Jens Eisenschmidt: I think that is right. I think we have a crucial inflation print ahead of us that comes out on the 4th of February. So, early February we get some signal, whether our anticipated fall of headline inflation here below the ECB's target is actually materializing. We think the chances for this are pretty good. There's a mix why this is happening. One is energy. Energy disinflation and base effects. But the other thing is services inflation resets always at the beginning of the year. January and February are the crucial month here. We had significant services upward pressure on prices the last years. And so just from base effects, we think we will see less of that. Another picture or another element of that picture is that wage disinflation is proceeding nicely. We have notably a significant weakness in the export-oriented manufacturing sector in Germany, which is a key sector of setting wages for the country. The country is around 30 percent of the euro area GDP. And here we had seen significant wage gains over the last year. So, the disinflationary trend coming from lower wage gains from this country, that will be very important. And an important signal to watch. Again, that's something we don't know. I think soon we have to watch simply monthly prints here. But a significant print for the first quarter comes out in May, and all of that together makes us believe that the ECB will be in a position to see enough data or have seen enough data that confirms the thesis of inflation staying below target for some time to come. So that they can cut in June and September to a terminal rate of 1.5 percent. Seth Carpenter: That is, I would say, out of consensus relative where the market is. When you talk to investors, whether they're in Europe or around the world, what's the big pushback that you get from them when you are explaining your view on how the ECB is going to act? Jens Eisenschmidt: There are two essential pushbacks. So, one is on substance. So, 'No, actually wages will not come down, and the economy will actually start overheating soon because of the big fiscal stimulus.' That, in a nutshell is the pushback on substance. I would say here, as you would say before, not so fast. Because the fiscal stimulus is only in one country. It's 30 percent. But only 30 percent of the euro area.Plus, there is another pushback, which is on the reaction function of the ECB. Here we tend to agree. So far, we have heard from policy makers that they feel rather comfortable with the 2 percent rate level that they're at. But we think that discussion will change. The moment you are below target in an actual inflation print; the burden of proof is the opposite. Now you have to prove: Is the economy really on a track that inflation will get back up to target without further monetary stimulus? We believe that will be the key debate. And again, happy to, sort of, concede that there is for now not a lot of signaling out of the ECB that further rate cuts are coming. But we believe the first inflation print of the year will change that debate significantly. Seth Carpenter: Alright, so that makes a lot of sense. However, looking at the clock, we are probably out of time for today. So, for now, Michael, Chetan, Jens, thank you so much for joining today. And to the listener, thanks for listening. And be sure to tune in tomorrow for part two of our conversation. And I have to say, if you enjoy this show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or a colleague today.

Plus: Ubisoft Entertainment shares plunge after major structural overhaul announcement. And Elon Musk takes the stage at Davos. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bassist Tom Petersson joins Eddie Trunk to discuss Cheap Trick's latest album 'All Washed Up' and their enduring passion for creating new music after more than four decades together. Tom reveals how the band develops song ideas, their unique approach to setlists, and why they continue recording when many of their contemporaries have stopped. He also shares details about their emotional return to Japan's Budokan, where they recorded their breakthrough live album in the 1970s. After that, legendary drummer Matt Sorum joins Eddie to share details about his March 2nd 'Sound and Vision' benefit concert in Palm Springs honoring rock icons Paul Rodgers and Geezer Butler. The star-studded lineup includes Corey Taylor, Lizzie Hale, Steve Stevens, and Glenn Hughes performing to support Adopt the Arts, Matt's charity providing music education in public schools. Matt also reflects on his storied career with Guns N' Roses, Velvet Revolver, and his current work with Steven Tyler's Janie's Fund, while discussing his role organizing all-star performances with Kings of Chaos and his thoughts on the future of rock music.  Catch Eddie Trunk every M-F from 3:00-5:00pm ET on Trunk Nation on SiriusXM Faction Talk Channel 103.And don't forget to follow Eddie on X and Instagram!Follow the link to get your free 3-month trial of SiriusXM: http://siriusxm.com/eddietrunk Find all episodes of Trunk Nation: https://siriusxm.com/trunknation Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week the Punching Up crew discuss Nintendo One again being on top of the charts in Japan, Pokémon's surprisingly long development, a new Legend of Zelda LEGO set, and more! Please keep in mind that our timestamps are approximate, and will often be slightly off due to dynamic ad placement. 0:00:00 - Intro0:27:16 - Quick Marathon thoughts0:33:16 - New Zelda LEGO set0:37:45 - Doug Bowser Joins Hasbro board0:46:00 - Life is Strange Reunion0:50:29 - Possible date for Switch 2 version of Borderlands 40:51:47  - What We're Playing1:14:23 - Pokémon Red and Green took a while to get right1:22:08 - Nintendo Sales in Japan1:28:56 - Hitman World of Assassination is getting cross progression1:34:31 - Sonic might be coming to Fortnite1:37:59 - Closing Questions Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week, we sit down with our friends Paul and Rob to discuss their recent visit to Japan! https://revivalmotoring.com/

learn the Japanese verb that means "to be" or "to exist" when referring to a person or other animate object

A major hoax is revealed, the Greenland drama is over, TSA launches a crackdown on bagels, a pizza fight on an airplane, a mother records her crying kid, Fritz on the Street, a story about Mr Japan, exploding trees, Ms Rachel makes a mistake, a politician says he was hacked and so much more!See omnystudio.com/listener for privacy information.

A major hoax is revealed, the Greenland drama is over, TSA launches a crackdown on bagels, a pizza fight on an airplane, a mother records her crying kid, Fritz on the Street, a story about Mr Japan, exploding trees, Ms Rachel makes a mistake, a politician says he was hacked and so much more!

Forty years ago Japan made more than half of the world's semiconductors. Today, it produces just over 10%. But the country has big ambitions to turn that around.We hear from the CEO of a company at the centre of the government's high-stakes gamble to revive its semiconductor industry, and more broadly, its tech power.And we'll learn how the island of Hokkaido is now the site of billions in investment to turn what has long been an agricultural powerhouse into a global chip manufacturing hub.If you'd like to contact the programme, our email address is businessdaily@bbc.co.ukPresenter: Suranjana Tewari Producer: Jaltson Akkanath Chummar(Picture: A lavender field and colourful flower garden in Hokkaido, Japan. Credit: Getty Images)

Mackenzie Eddie and Scott Siepker overthink an Iowa-themed restaurant in Japan, A chores list that has the internet divided, and the newly revealed Oscar nominations. Presented by Carbliss Premium Handcrafted Cocktails. Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy birthday to REPORTAGE: Essays on the New World Order, Happy birthday to REPORTAGE: Essays on the New World Order, Happy birthday dear REPORTAGE: Essays on the New World Order, Keep an eye out for promotions at ReportageBook.com! (…and stay tuned for more books via Editions Shukutou at Shukutou.com in the not-too-distant future!) Thanks to publisher Tim Lacy of Diversified Graphic for making the trip to Japan!

Linktree: ⁠https://linktr.ee/Analytic⁠Join The Normandy For Additional Bonus Audio And Visual Content For All Things Nme+! Join Here: ⁠https://ow.ly/msoH50WCu0K⁠Dive into the triumphant return of EXO with Analytic Dreamz on Notorious Mass Effect. In this segment, Analytic Dreamz explores REVERXE, the group's eighth studio album released January 19, 2026, via SM Entertainment—marking their first full-length since EXIST in 2023.With six members—Suho, Chanyeol, D.O., Kai, Sehun, and Lay (his first group album since 2018)—REVERXE reasserts EXO's legacy amid lineup changes from ongoing legal disputes with EXO-CBX members. The title "REVERXE" (stylized reverse) symbolizes reflection and recalibration, reviving early mythology of superpowers and parallel universes while embracing maturity in second-generation K-pop.Title track "Crown" fuses Atlanta trap drums, heavy metal guitars, EDM synths, siren effects, and powerful high-note belts, with lyrics portraying a "crown" as something precious to protect. Pre-releases include emotional ballad "I'm Home" (December 14, 2025) and high-impact "Back It Up," debuted at the 2025 Melon Music Awards with 40 dancers.The nine-track album blends aggressive dance, sultry R&B ("Suffocate"), cinematic textures ("Moonlight Shadows"), and polished energy across "Crazy," "Back Pocket," and more. Early reception highlights strong vocal performances and cohesive lore-driven sound, with fans praising the group's adaptability despite challenges.Commercially, REVERXE dominated with #1 on iTunes Top Albums in 35+ regions (including US, Japan, Brazil), #1 on QQ Music and KuGou in China (Double Platinum certification), and first-day Hanteo sales of 265,934 copies. The "Crown" MV quickly surpassed 18 million YouTube views, fueling global buzz.Join Analytic Dreamz for detailed track breakdowns, the impact of Lay's return on the Chinese market, and why REVERXE reaffirms EXO as enduring kings of K-pop ahead of their April 2026 tour.Support this podcast at — https://redcircle.com/analytic-dreamz-notorious-mass-effect/donationsPrivacy & Opt-Out: https://redcircle.com/privacy

The second part of the discussion of embroidery history covers blackwork and Opus Anglicanum, then embroidery samplers and beetle-wing embroidery. Research: Абильда, Айжан. “Scythians are creators of embroidery art.” Qazaqstan Tarihy. May 24, 2019. https://e-history.kz/en/news/show/7178#:~:text=Embroidery%20is%20a%20traditional%20East,a%20wedding%20or%20a%20party. Angus, Jennifer. “Nature’s Sequins.” Cooper Hewitt. Sept. 14, 2018. https://www.cooperhewitt.org/2018/09/14/natures-sequins/ “The art of printing textile.” Musee de L’Impression sur Etoffes. https://www.musee-impression.com/en/the-collection/ Badshah, Nadeem. “Bayeux tapestry to be insured for £800m for British Museum exhibition.” The Guardian. Dec. 27. 2025. https://www.theguardian.com/world/2025/dec/27/bayeux-tapestry-to-be-insured-for-800m-for-british-museum-exhibition “Bayeux Tapestry.” UNESCO. https://www.unesco.org/en/memory-world/bayeux-tapestry “The Bayeux Tapestry.” La Tapisserie de Bayeux. Bayeux Museum. https://www.bayeuxmuseum.com/en/the-bayeux-tapestry/ Binswanger, Julia. “These Delicate Needles Made From Animal Bones May Have Helped Prehistoric Humans Sew Warm Winter Clothing.” Smithsonian. Dec. 11, 2024. https://www.smithsonianmag.com/smart-news/these-delicate-needles-made-from-animal-bones-may-have-helped-prehistoric-humans-sew-warm-winter-clothing-180985601/ Britannica Editors. "Scythian art". Encyclopedia Britannica, 27 May. 2018, https://www.britannica.com/art/Scythian-art “Chasuble (Opus Anglicanum).” The Met. https://www.metmuseum.org/art/collection/search/466660 Chung, Young Yang. “Silken Threads: A History of Embroidery in China, Korea, Japan, and Vietnam.” Abrams. 2005. Daniels, Margaret Harrington. “Early Pattern Books for Lace and Embroidery.” Bulletin of the Needle and Bobbin Club. https://www2.cs.arizona.edu/patterns/weaving/articles/nb33_lac.pdf “DMC.” Textile Research Center Leiden. https://trc-leiden.nl/trc-needles/organisations-and-movements/companies/dmc “Dragon Robe Decoded.” Sotheby’s. May 23, 2019. https://www.sothebys.com/en/articles/dragon-robe-decoded Embroiderers’ Guild. https://embroiderersguild.com/ Embroiderers’ Guild of America. https://egausa.org/ “Embroidery Techniques from Around the World: Crewel.” Embroiderer’ Guild of America. Oct. 28, 2024. https://egausa.org/embroidery-techniques-from-around-the-world-crewel/ Francfort, H.-P., 2020, “Scythians, Persians, Greeks and Horses: Reflections on Art, Culture Power and Empires in the Light of Frozen Burials and other Excavations”, in: , Londres, British Museum, p. 134-155. https://www.academia.edu/44417916/Francfort_H_P_2020_Scythians_Persians_Greeks_and_Horses_Reflections_on_Art_Culture_Power_and_Empires_in_the_Light_of_Frozen_Burials_and_other_Excavations_in_Londres_British_Museum_p_134_155 “Girlhood Embroidery.” Pilgrim Hall Museum. https://www.pilgrimhall.org/girlhood_embroidery.htm Gower, John G., and G.C. Macaulay, ed. “The Complete Works of John Gower.” Clarendon Press. 1901. https://www.gutenberg.org/files/71162/71162-h/71162-h.htm#Page_1 “Introducing Opus Anglicanum.” Victoria and Albert Museum. https://www.vam.ac.uk/articles/about-opus-anglicanum?srsltid=AfmBOor2pOTddjxaPC9AXHvvQuGXD4Tyx9N3zBeISzMSDHX1KnaUnfnL “Introducing the Scythians.” British Museum. May 30, 2017. https://www.britishmuseum.org/blog/introducing-scythians Nazarova, Yevhenia. “Ukraine's Ancient 'River Guardians.'” Radio Free Europe. Oct. 17, 2021. https://www.rferl.org/a/scythian-dig-ukraine-river-guardians-discovery/31507187.html "Ancient Peruvian Textiles." The Museum Journal XI, no. 3 (September, 1920): 140-147. Accessed December 22, 2025. https://www.penn.museum/sites/journal/843/ “Embroidery – a history of needlework samplers.” Victoria & Albery Museum. https://www.vam.ac.uk/articles/embroidery-a-history-of-needlework-samplers “History of The Broderers.” The Worshipful Company of Broderers. https://broderers.co.uk/history-broderers “The History of Britain's Bayeux Tapestry.” Reading Museum. https://www.readingmuseum.org.uk/collections/britains-bayeux-tapestry/history-britains-bayeux-tapestry Kennedy, Maev. “British Museum to go more than skin deep with Scythian exhibition.” The Guardian. May 30, 2017. https://www.theguardian.com/culture/2017/may/30/british-museum-skin-scythian-exhibition-tattoo-empire Lattanzio, Giaga. “Byzantine.” Fashion History Timeline. FITNYC. https://fashionhistory.fitnyc.edu/byzantine/ Leslie, Catherine Amoroso. “Needlework Through History: An Encyclopedia.” Greenwood Press. 2007. Libes, Kenna. “Beetle-Wing Embroidery in Nineteenth-Century Fashion.” Fashion History Timeline. FITNYC. https://fashionhistory.fitnyc.edu/beetle-wing-19thcentury/ Liu Y, Li Y, Li X, Qin L. The origin and dispersal of the domesticated Chinese oak silkworm, Antheraea pernyi, in China: a reconstruction based on ancient texts. J Insect Sci. 2010;10:180. doi: 10.1673/031.010.14140 “Mrs. Jacob Wendell (Mary Barrett, 1832–1912).” The New York Historical. https://emuseum.nyhistory.org/objects/68658/mrs-jacob-wendell-mary-barrett-18321912 Muntz, Eugene and Louisa J. Davis. “A short history of tapestry. From the earliest times to the end of the 18th century.” London. Cassel & Co. 1885. Accessed online: https://archive.org/details/shorthistoryofta00mntz/page/n3/mode/2up Pohl, Benjamin. “Chewing over the Norman Conquest: the Bayeux Tapestryas monastic mealtime reading.” Historical Research. 2025. https://academic.oup.com/histres/advance-article/doi/10.1093/hisres/htaf029/8377922 Puiu, Tibi. “Pristine 2,300-year-old Scythian woman’s boot found in frozen Altai mountains.” ZME Science. Dec. 29, 2021. https://www.zmescience.com/science/scythian-boots-0532/ Razzall, Katie. “Bayeux Tapestry to return to UK on loan after 900 years.” BBC. July 8, 2025. https://www.bbc.com/news/articles/c14ev1z6d5go Royal School of Needlework. https://royal-needlework.org.uk/ Salmony, Alfred. “The Archaeological Background of textile Production in Soviet Russia Territory.” The Bulletin of the Needle and Bobbin Club. Volume 26. No. 2. 1942. https://www2.cs.arizona.edu/patterns/weaving/periodicals/nb_42_2.pdf “Sampler.” Victoria & Albert Museum. https://collections.vam.ac.uk/item/O46183/sampler-jane-bostocke/ Schӧnsperger, Johann. “Ein ney Furmbüchlein. 1525-1528. Met Museum Collection. https://www.metmuseum.org/art/collection/search/354716 Schӧnsperger, Johann. “Ein new Modelbuch … “ 1524. https://www.metmuseum.org/art/collection/search/354660 Shrader, Dustin. “Embroidery Through the Ages.” Impressions. July 28, 2023. https://impressionsmagazine.com/process-technique/embroidery-through-the-ages/39234/#:~:text=The%20Age%2DOld%20Beginning&text=We%20tend%20to%20typically%20think,to%20generation%20across%20the%20millennia. “Silk Roads Programme.” UNESCO. https://en.unesco.org/silkroad/silkroad-interactive-map Sons of Norway's Cultural Skills Program. “Unit 8: Hardanger Embroidery.” 2018. https://www.sofn.com/wp-content/uploads/2018/11/unit8hardanger_rev8.11.pdf “Suzhou Embroidery.” Smithsonian National Museum of Asian Art.” https://asia-archive.si.edu/learn/for-educators/teaching-china-with-the-smithsonian/videos/suzhou-embroidery/ Teall, John L., Nicol, Donald MacGillivray. "Byzantine Empire". Encyclopedia Britannica, 5 Dec. 2025, https://www.britannica.com/place/Byzantine-Empire Warner, Pamela. “Embroidery: A History.” B.T. Bedford, Ltd. 1991. Watt, James C. Y., and Anne E. Wardwell. “When Silk Was Gold: Central Asian and Chinese Textiles.” Metropolitan Museum of Art. Harry N. Abrams. New York. 1997. https://cdn.sanity.io/files/cctd4ker/production/d781d44d3048d49257072d610034400182246d3e.pdf Watt, Melinda. “Textile Production in Europe: Embroidery, 1600–1800.” The Met. Oct. 1, 2003. https://www.metmuseum.org/essays/textile-production-in-europe-embroidery-1600-1800 See omnystudio.com/listener for privacy information.

Washington Wednesday on what the feds can do about the disrupted church service, World Tour on the news in Syria, Japan, Spain, and Uganda, and identical twins with rival political paths. Plus, Janie B. Cheaney on regional identity, a record-setting trash bin, and the Wednesday morning newsSupport The World and Everything in It today at wng.org/donateAdditional support comes from Pensacola Christian College. Academic excellence, biblical worldview, affordable cost. go.pcci.edu/worldAnd from the Joshua Program at St. Dunstan's Academy in Virginia ... a gap year shaping young men ... through trades, farming, prayer ... stdunstansacademy.org

SEGMENT 12: CHINA'S GROWING THREAT TO JAPAN Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling assesses the mounting Chinese military threat facing Japan, including naval provocations and airspace incursions. Discussion examines Japan's defense posture, increased military spending, the importance of the US-Japan alliance in deterring Beijing, and how Tokyo views the security landscape with Trump returning to the White House.

SEGMENT 11: JAPAN'S SNAP ELECTION UNDER PM TAKAICHI Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling reports from Tokyo on Prime Minister Takaichi's decision to call snap elections. Discussion covers the political calculations behind this move, Takaichi's nationalist stance, implications for US-Japan relations under the new Trump administration, and how Japanese voters are responding to shifting domestic and regional dynamics.VV

SHOW SCHEDULE 1-20-20251907 GREENLANDSEGMENT 1: RETAIL SALES AND ECONOMIC OUTLOOK Guest: Liz Peek Strong retail sales signal consumer confidence as Trump takes office. Peek discusses holiday spending numbers, the stock market's performance, and economic expectations for the new administration. Conversation touches on inflation pressures, interest rate concerns, and whether the economy's momentum can continue under new policy directions.SEGMENT 2: MARKETS AND GREENLAND CONTROVERSY Guest: Liz Peek Peek analyzes market reactions to the incoming administration and addresses Trump's renewed interest in acquiring Greenland. Discussion covers the strategic importance of Greenland's resources and location, European responses to the proposal, and how this diplomatic imbroglio fits into broader economic and geopolitical considerations facing the new term.SEGMENT 3: EUROPEAN FRUSTRATION WITH TRUMP'S RETURN Guest: Judy Dempsey (Carnegie Berlin), Co-Host: Thaddeus McCotter Dempsey assesses European anxiety as Trump begins his second term. Discussion covers EU economic stagnation, Germany's struggling industrial base, and widespread frustration among European leaders unprepared for renewed American pressure on trade, defense spending, and NATO commitments. McCotter joins from Detroit offering domestic political perspective.SEGMENT 4: EU ECONOMY AND TRANSATLANTIC TENSIONS Guest: Judy Dempsey (Carnegie Berlin), Co-Host: Thaddeus McCotter Continued analysis of Europe's economic malaise and political uncertainty ahead of German elections. Dempsey examines how EU leadership plans to navigate Trump's transactional approach to alliances, concerns over tariffs and energy policy, and whether Europe can muster unified responses to American demands on defense and trade.SEGMENT 5: POWELL VS. TRUMP ON MONETARY POLICY Guest: Joseph Sternberg (London) Sternberg analyzes the brewing conflict between Federal Reserve Chairman Jerome Powell and President Trump over interest rate policy. Discussion examines Trump's public criticism of Powell, the Fed's independence, inflation concerns, and how this tension between the White House and central bank could shape economic policy and market confidence.SEGMENT 6: STARMER'S LEADERSHIP FAILURES AND CHINA EMBASSY CONCERNS Guest: Joseph Sternberg (London) Sternberg critiques Prime Minister Keir Starmer's struggling leadership and lack of clear direction for Britain. Discussion turns to Starmer's belated scrutiny of China's massive new London embassy complex, raising security concerns about the sprawling diplomatic compound and questions about why earlier governments permitted its construction without adequate review.SEGMENT 7: IRAN EXECUTIONS AND TRUMP'S PROMISE OF HELP Guest: Jonathan Schanzer (Washington, DC) Schanzer reports on the surge of executions inside Iran as the regime cracks down on dissent. Discussion covers Trump's remarks signaling support for the Iranian people, the brutal nature of the regime's repression, recent execution numbers, and whether American policy shifts could aid those suffering under Tehran's authoritarian rule.SEGMENT 8: GAZA CEASEFIRE AND POSTWAR GOVERNANCE Guest: Jonathan Schanzer (Washington, DC) Schanzer examines the fragile Gaza ceasefire and critical questions about who will govern after the fighting ends. Discussion analyzes the proposed makeup of any postwar governing board, the challenges of reconstruction, Hamas's continued presence, and regional players jockeying for influence over Gaza's future political arrangements.SEGMENT 9: GREENLAND STRATEGY AND ARCTIC AMBITIONS Guest: Mary Kissel (Former Senior Adviser to Secretary Pompeo) Kissel offers insider perspective on Trump's renewed push for Greenland, drawing on her State Department experience. Discussion examines the strategic rationale behind the proposal, Arctic security concerns, Danish and European reactions, and whether this represents serious policy or negotiating leverage for broader geopolitical objectives.SEGMENT 10: GAZA DIPLOMACY AND INVITATIONS TO ADVERSARIES Guest: Mary Kissel Kissel analyzes the peculiar diplomatic landscape surrounding Gaza negotiations, including controversial outreach to bad actors like Putin. Discussion questions the wisdom of engaging hostile powers in Middle East peacemaking, the signals this sends to allies, and how the new administration might reshape these diplomatic approaches going forward.SEGMENT 11: JAPAN'S SNAP ELECTION UNDER PM TAKAICHI Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling reports from Tokyo on Prime Minister Takaichi's decision to call snap elections. Discussion covers the political calculations behind this move, Takaichi's nationalist stance, implications for US-Japan relations under the new Trump administration, and how Japanese voters are responding to shifting domestic and regional dynamics.SEGMENT 12: CHINA'S GROWING THREAT TO JAPAN Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling assesses the mounting Chinese military threat facing Japan, including naval provocations and airspace incursions. Discussion examines Japan's defense posture, increased military spending, the importance of the US-Japan alliance in deterring Beijing, and how Tokyo views the security landscape with Trump returning to the White House.SEGMENT 13: NATO'S DECLINE AND THE GREENLAND CRISIS Guest: Gregory Copley Copley argues the Greenland controversy reveals deeper fractures signaling NATO's erosion. Discussion examines how the alliance has weakened through neglect and diverging interests, European defensiveness over Arctic claims, and whether the transatlantic security architecture built after World War II can survive current political and strategic pressures.SEGMENT 14: EMERGING SUNNI OR ISLAMIC NATO IN ASIA Guest: Gregory Copley Copley explores the potential formation of a new security alliance among Sunni Muslim nations in Asia. Discussion covers the strategic drivers behind such a coalition, which countries might participate, how this Islamic NATO could reshape regional power dynamics, and implications for Western alliances and Middle Eastern stability.SEGMENT 15: GREAT POWERS VERSUS SMALL STATES IN STRATEGIC THINKING Guest: Gregory Copley Copley contrasts how great powers often act impulsively while smaller states analyze carefully before moving. Discussion examines the hubris of major nations shooting from the hip on foreign policy, the advantages smaller countries gain through meticulous strategic calculation, and lessons for American policymakers in an increasingly complex world.SEGMENT 16: THE CALMING POWER OF KINGSHIP Guest: Gregory Copley Copley offers praise for monarchical systems as stabilizing forces in nations facing discontent. Discussion examines how kingship provides continuity, national unity, and legitimacy that elected leaders often cannot muster, with examples of how constitutional monarchies successfully navigate political turbulence and maintain social cohesion during crises.

Tyler's daughter is making the trip soon.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In our news wrap Wednesday, much of the U.S. is bracing for what weather officials are calling an "expansive" winter storm, nearly 20 nations have now said they'll join President Trump's "Board of Peace" for Gaza and a court in Japan sentenced the man who killed former Prime Minister Shinzo Abe to life in prison. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

President Donald Trump is set to be at the World Economic Forum in Davos with Greenland top of the agenda. Lindsey Halligan is stepping away from her as US Attorney role. The Justice Department admits that DOGE employees have inappropriately handled sensitive data. Israeli Prime Minister Benjamin Netanyahu has joined Trump's “Board of Peace” for Gaza. Plus, the man who assassinated Japan's former Prime Minister has been sentenced. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Send us a textIn this heartfelt and globally enriched conversation, Joey Pinz sits down with storyteller, journalist, and events leader Kris Tanaka, whose life has been shaped by language, culture, and a deep commitment to human connection. Kris shares her remarkable journey studying Japanese from childhood, living a decade in Japan, and learning how language influences behavior, relationships, and even emotional expression.Together, they explore the nuances of communication, the cultural layers behind expressions that don't translate, and how travel expands empathy and perspective. Kris also speaks about her Hawaiian roots, the concept of ohana, and how growing up in a cultural melting pot shaped her worldview.In her role at CyberRisk Alliance, Kris explains why MSSP Alert Live succeeds: participation, purposeful networking, and the magic of spontaneous connections. She discusses what makes events thrive, how to maximize value from industry conferences, and why cybersecurity professionals inspire her daily.The conversation also dives into personal growth—pivoting careers, overcoming fear of change, redefining success, finding inspiration in everyday “magic,” and the emotional impact of helping others shine.

We're back! It's time to get your 'Ask Ronna' ears back on and get ready to jump right back into the swing of things as we start 2026 in Carriage House style, pardon me. This week it's a Carriage House Catch-Up for the ages as Ronna (& Bryan) reconnect after a month apart traipsing the globe for the holidays. After we hear about everything from (Bryan)'s trip to Japan, Ronna's birthday in London, the Golden Globes, and MUCH more, Ronna (& Bryan) give some advice on reclaiming a locker room that's become a cruising playground and how to balance life after dramatic weight loss. Lonely Hearts LIVE in New York has been sold out for weeks, so we hope you got your tickets before they were gone! We can't wait to welcome you all to the Bell House in Brooklyn on February 7th. Sponsors: Imagine if edibles just made you feel good instead of too high. Lumi Gummies are consistent, mellow, and super delicious! Go to lumigummies.com and use code RONNA for 30% off your first order! Monarch is the all-in-one personal finance tool designed to make your life easier. Grab control of your finances after your holiday splurge by going to monarch.com and using code ASKRONNA for 50% off your first year's membership! Learn more about your ad choices. Visit megaphone.fm/adchoices

Japan's prime minister Takaichi Sanae has called an election three months into her term. Can she capitalise on her popularity, or will her less-popular party be punished at the ballot box? Will a new treaty curb the destruction of the oceans? And how fancy restaurants are responding to the age of Ozempic. Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

PREVIEW FOR LATER TODAY Guest: Lance Gatling. Gatling analyzes the gamble taken by Takaichi Sanae, Japan's first female prime minister, in calling a snap election for February. Despite the ruling party's low polling due to scandals, she boasts a personal approval rating of over 75 percent and seeks a parliamentary mandate to enact long-term policy goals.1931 MATSUYA DEPARTMENT STORE, TOKYO

Japan's prime minister Takaichi Sanae has called an election three months into her term. Can she capitalise on her popularity, or will her less-popular party be punished at the ballot box? Will a new treaty curb the destruction of the oceans? And how fancy restaurants are responding to the age of Ozempic. Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

2026 is the year of BEARDED UP Neals! Well, at least for a little bit. Charles and Link discuss and compare their beards, and what the future is of their faces. Plus, Charles (Roan) shows off his karaoke skills, and Link recaps his family trip to Japan! C'mon and have a good time with us! Got a question, comment, or story you want to share with Charles and Link? Send an email to ratherbshaggin53@aol.com. (Charles also accepts deez nuts jokes, unfortunately.) Check out the video version of this podcast: youtube.com/@DispatchesFromMyrtleBeach To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Zoshigaya ​Cemetery is located ​in Old ​Tokyo in Japan and dates back more than 150 years. There are thousands of burials here and several of them are for famous and notable people from Japan. As ​we ​look ​at ​the ​history ​of ​this ​beautiful ​and ​unique cemetery, ​we ​will ​also ​discuss ​the ​burial ​practices ​and ​customs ​of ​this ​area. Intro and Outro music "Stones and Bones" was written and produced by History Goes Bump and any use is strictly prohibited. Check us out at: https://historygoesbump.com Other music used in this episode: Music: China Vol. 3 [Travel Series] Produced by Sascha Ende Link: https://ende.app/en/song/12921-china-vol-3-travel-series

From the BBC World Service: It's day two of the annual World Economic Forum in Davos, Switzerland, where President Donald Trump's goal of acquiring Greenland continues to preoccupy European leaders, as he attempts to project military and economic power over NATO allies. The president of the European Commission described fresh tariffs as a "mistake" and warned the response would be "unflinching." Also on this morning's program: a look at tourism in Japan and ghosting in the job market.

In today's episode is for anyone traveling to Japan soon—or anyone who simply loves Japan and wants to understand why it feels so magical. Because yes, Tokyo is dazzling, Kyoto is beautiful, and the food will ruin you in the best way… but the real secret is something quieter. Japan runs on what I call the quiet rules—the small cultural details that make your trip smoother, more respectful, and honestly, more elevated. These are the habits that help you move through stations with ease, feel confident in restaurants, understand onsen etiquette, and avoid the mistakes that unintentionally scream “tourist.” So if you have a trip coming up, grab a pen, take notes, and share this episode with your friend who's about to book Tokyo and Kyoto and call it done. And even if you don't have a trip planned, these little cultural cues are still inspiring—because they teach us how to move through the world with more intention and grace. Thank you for listening! X Candice

This Week In Startups is made possible by:Circle.so - http://Circle.so/twistDeel - http://deel.com/twistUber AI Solutions - http://uber.com/twistToday's show:Not long ago, promising young Japanese graduates wanted to go work for the largest, most established, and even oldest corporations: Sony, Mitsubishi, and the like. But now, just over the last few years, more and more Japanese people are becoming entrepreneurs and founders. TWiST Japan continues with a fascinating look inside the country's growing startup ecosystem with special guest, venture capitalist Shinichi “Shin” Takamiya. He'll walk Jason through how Japan stayed ahead of the rest of the world in technology, but started falling behind when it came to founding companies, and how the Japanese are now starting to level the playing field.PLUS why his fund, Globis, sees other VC firms as collaborators rather than the competition… How AI is helping Japanese and American founders build their companies more quickly… Why Jason prefers training younger people to become VCs rather than hiring more experienced players… Shin's guide to eating out in Tokyo… and much more!Timestamps: (00:00) We're so excited to bring Founder University in Japan!(04:15) Jason and our guest first met 15-25 years ago…(06:06) How is Japan always so far ahead of the rest of the world?(08:29) Globis is one of Japan's largest and oldest venture capital firms!(10:48) Circle.so -  the easiest way to build a home for your community, events, and courses — all under your own brand. TWiST listeners get $1,000 off Circle's Professional Plan by going to http://Circle.so/twist(12:38) Why founders need to play the long game when it comes to networking(15:03) “The founder is the most precious resource in the startup community”(16:50) Shin takes us inside his Mercari (a massive Japanese marketplace site) investment(18:20) How startups became “cool” in Japan, just recently(19:43) Deel - Founders ship faster on Deel. Set up payroll for any country in minutes and get back to building. Visit http://deel.com/twist to learn more.(21:09) You don't have to tell an investor your whole story… just get them interested(25:28) Why Jason likes to train young folks to be VCs, rather than hiring for experience(28:44) The differences between being candid and rude(29:44) Uber AI Solutions - Your trusted partner to get AI to work in the real world. Book a demo with them TODAY at http://uber.com/twist(35:40) Why Globis sees other VC firms as collaborators(39:08) The world's OLDEST company is 1500 years old… and it's from Japan…(39:54) Why a lot of great businesses aren't right for VC investment(43:34) Why picking the right market is so crucial(48:37) When you know the direction of change but can't predict the timing(50:34) How founders are using AI to build better companies faster(54:39) Shin's guide to eating out in Tokyo*Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com/Check out the TWIST500: https://twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcp*Follow Lon:X: https://x.com/lons*Follow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelm/*Follow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanis/*Thank you to our partners:(10:48) Circle.so -  the easiest way to build a home for your community, events, and courses — all under your own brand. TWiST listeners get $1,000 off Circle's Professional Plan by going to http://Circle.so/twist(19:43) Deel - Founders ship faster on Deel. Set up payroll for any country in minutes and get back to building. Visit http://deel.com/twist to learn more.(29:44) Uber AI Solutions - Your trusted partner to get AI to work in the real world. Book a demo with them TODAY at http://uber.com/twistCheck out all our partner offers: https://partners.launch.co/

To sleep in the same room with 5 other people.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From the BBC World Service: It's day two of the annual World Economic Forum in Davos, Switzerland, where President Donald Trump's goal of acquiring Greenland continues to preoccupy European leaders, as he attempts to project military and economic power over NATO allies. The president of the European Commission described fresh tariffs as a "mistake" and warned the response would be "unflinching." Also on this morning's program: a look at tourism in Japan and ghosting in the job market.

Last time we spoke about the climax of the battle of Lake Khasan. In August, the Lake Khasan region became a tense theater of combat as Soviet and Japanese forces clashed around Changkufeng and Hill 52. The Soviets pushed a multi-front offensive, bolstered by artillery, tanks, and air power, yet the Japanese defenders held firm, aided by engineers, machine guns, and heavy guns. By the ninth and tenth, a stubborn Japanese resilience kept Hill 52 and Changkufeng in Japanese hands, though the price was steep and the field was littered with the costs of battle. Diplomatically, both sides aimed to confine the fighting and avoid a larger war. Negotiations trudged on, culminating in a tentative cease-fire draft for August eleventh: a halt to hostilities, positions to be held as of midnight on the tenth, and the creation of a border-demarcation commission. Moscow pressed for a neutral umpire; Tokyo resisted, accepting a Japanese participant but rejecting a neutral referee. The cease-fire was imperfect, with miscommunications and differing interpretations persisting.    #185 Operation Hainan Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. After what seemed like a lifetime over in the northern border between the USSR and Japan, today we are returning to the Second Sino-Japanese War. Now I thought it might be a bit jarring to dive into it, so let me do a brief summary of where we are at, in the year of 1939. As the calendar turned to 1939, the Second Sino-Japanese War, which had erupted in July 1937 with the Marco Polo Bridge Incident and escalated into full-scale conflict, had evolved into a protracted quagmire for the Empire of Japan. What began as a swift campaign to subjugate the Republic of China under Chiang Kai-shek had, by the close of 1938, transformed into a war of attrition. Japanese forces, under the command of generals like Shunroku Hata and Yasuji Okamura, had achieved stunning territorial gains: the fall of Shanghai in November 1937 after a brutal three-month battle that cost over 200,000 Chinese lives; the infamous capture of Nanjing in December 1937, marked by the Nanjing Massacre where an estimated 300,000 civilians and disarmed soldiers were killed in a six-week orgy of violence; and the sequential occupations of Xuzhou in May 1938, Wuhan in October 1938, and Guangzhou that same month.  These victories secured Japan's control over China's eastern seaboard, major riverine arteries like the Yangtze, and key industrial centers, effectively stripping the Nationalists of much of their economic base. Yet, despite these advances, China refused to capitulate. Chiang's government had retreated inland to the mountainous stronghold of Chongqing in Sichuan province, where it regrouped amid the fog-laden gorges, drawing on the vast human reserves of China's interior and the resilient spirit of its people. By late 1938, Japanese casualties had mounted to approximately 50,000 killed and 200,000 wounded annually, straining the Imperial Japanese Army's resources and exposing the vulnerabilities of overextended supply lines deep into hostile territory. In Tokyo, the corridors of the Imperial General Headquarters and the Army Ministry buzzed with urgent deliberations during the winter of 1938-1939. The initial doctrine of "quick victory" through decisive battles, epitomized by the massive offensives of 1937 and 1938, had proven illusory. Japan's military planners, influenced by the Kwantung Army's experiences in Manchuria and the ongoing stalemate, recognized that China's sheer size, with its 4 million square miles and over 400 million inhabitants, rendered total conquest unfeasible without unacceptable costs. Intelligence reports highlighted the persistence of Chinese guerrilla warfare, particularly in the north where Communist forces under Mao Zedong's Eighth Route Army conducted hit-and-run operations from bases in Shanxi and Shaanxi, sabotaging railways and ambushing convoys. The Japanese response included brutal pacification campaigns, such as the early iterations of what would later formalize as the "Three Alls Policy" (kill all, burn all, loot all), aimed at devastating rural economies and isolating resistance pockets. But these measures only fueled further defiance. By early 1939, a strategic pivot was formalized: away from direct annihilation of Chinese armies toward a policy of economic strangulation. This "blockade and interdiction" approach sought to sever China's lifelines to external aid, choking off the flow of weapons, fuel, and materiel that sustained the Nationalist war effort. As one Japanese staff officer noted in internal memos, the goal was to "starve the dragon in its lair," acknowledging the limits of Japanese manpower, total forces in China numbered around 1 million by 1939, against China's inexhaustible reserves. Central to this new strategy were the three primary overland supply corridors that had emerged as China's backdoors to the world, compensating for the Japanese naval blockade that had sealed off most coastal ports since late 1937. The first and most iconic was the Burma Road, a 717-mile engineering marvel hastily constructed between 1937 and 1938 by over 200,000 Chinese and Burmese laborers under the direction of engineers like Chih-Ping Chen. Stretching from the railhead at Lashio in British Burma (modern Myanmar) through treacherous mountain passes and dense jungles to Kunming in Yunnan province, the road navigated elevations up to 7,000 feet with hundreds of hairpin turns and precarious bridges. By early 1939, it was operational, albeit plagued by monsoonal mudslides, banditry, and mechanical breakdowns of the imported trucks, many Ford and Chevrolet models supplied via British Rangoon. Despite these challenges, it funneled an increasing volume of aid: in 1939 alone, estimates suggest up to 10,000 tons per month of munitions, gasoline, and aircraft parts from Allied sources, including early Lend-Lease precursors from the United States. The road's completion in 1938 had been a direct response to the loss of southern ports, and its vulnerability to aerial interdiction made it a prime target in Japanese planning documents. The second lifeline was the Indochina route, centered on the French-built Yunnan-Vietnam Railway (also known as the Hanoi-Kunming Railway), a 465-mile narrow-gauge line completed in 1910 that linked the port of Haiphong in French Indochina to Kunming via Hanoi and Lao Cai. This colonial artery, supplemented by parallel roads and river transport along the Red River, became China's most efficient supply conduit in 1938-1939, exploiting France's uneasy neutrality. French authorities, under Governor-General Pierre Pasquier and later Georges Catroux, turned a blind eye to transshipments, allowing an average of 15,000 to 20,000 tons monthly in early 1939, far surpassing the Burma Road's initial capacity. Cargoes included Soviet arms rerouted via Vladivostok and American oil, with French complicity driven by anti-Japanese sentiment and profitable tolls. However, Japanese reconnaissance flights from bases in Guangdong noted the vulnerability of bridges and rail yards, leading to initial bombing raids by mid-1939. Diplomatic pressure mounted, with Tokyo issuing protests to Paris, foreshadowing the 1940 closure under Vichy France after the fall of France in Europe. The route's proximity to the South China Sea made it a focal point for Japanese naval strategists, who viewed it as a "leak in the blockade." The third corridor, often overlooked but critical, was the Northwest Highway through Soviet Central Asia and Xinjiang province. This overland network, upgraded between 1937 and 1941 with Soviet assistance, connected the Turkestan-Siberian Railway at Almaty (then Alma-Ata) to Lanzhou in Gansu via Urumqi, utilizing a mix of trucks, camel caravans, and rudimentary roads across the Gobi Desert and Tian Shan mountains. Under the Sino-Soviet Non-Aggression Pact of August 1937 and subsequent aid agreements, Moscow supplied China with over 900 aircraft, 82 tanks, 1,300 artillery pieces, and vast quantities of ammunition and fuel between 1937 and 1941—much of it traversing this route. In 1938-1939, volumes peaked, with Soviet pilots and advisors even establishing air bases in Lanzhou. The highway's construction involved tens of thousands of Chinese laborers, facing harsh winters and logistical hurdles, but it delivered up to 2,000 tons monthly, including entire fighter squadrons like the Polikarpov I-16. Japanese intelligence, aware of this "Red lifeline," planned disruptions but were constrained by the ongoing Nomonhan Incident on the Manchurian-Soviet border in 1939, which diverted resources and highlighted the risks of provoking Moscow. These routes collectively sustained China's resistance, prompting Japan's high command to prioritize their severance. In March 1939, the South China Area Army was established under General Rikichi Andō (later succeeded by Field Marshal Hisaichi Terauchi), headquartered in Guangzhou, with explicit orders to disrupt southern communications. Aerial campaigns intensified, with Mitsubishi G3M "Nell" bombers from Wuhan and Guangzhou targeting Kunming's airfields and the Red River bridges, while diplomatic maneuvers pressured colonial powers: Britain faced demands during the June 1939 Tientsin Crisis to close the Burma Road, and France received ultimatums that culminated in the 1940 occupation of northern Indochina. Yet, direct assaults on Yunnan or Guangxi were deemed too arduous due to rugged terrain and disease risks. Instead, planners eyed peripheral objectives to encircle these arteries. This strategic calculus set the stage for the invasion of Hainan Island, a 13,000-square-mile landmass off Guangdong's southern coast, rich in iron and copper but strategically priceless for its position astride the Indochina route and proximity to Hong Kong. By February 1939, Japanese admirals like Nobutake Kondō of the 5th Fleet advocated seizure to establish air and naval bases, plugging blockade gaps and enabling raids on Haiphong and Kunming, a prelude to broader southern expansion that would echo into the Pacific War. Now after the fall campaign around Canton in autumn 1938, the Japanese 21st Army found itself embedded in a relentless effort to sever the enemy's lifelines. Its primary objective shifted from mere battlefield engagements to tightening the choke points of enemy supply, especially along the Canton–Hankou railway. Recognizing that war materiel continued to flow into the enemy's hands, the Imperial General Headquarters ordered the 21st Army to strike at every other supply route, one by one, until the arteries of logistics were stifled. The 21st Army undertook a series of decisive occupations to disrupt transport and provisioning from multiple directions. To sustain these difficult campaigns, Imperial General Headquarters reinforced the south China command, enabling greater operational depth and endurance. The 21st Army benefited from a series of reinforcements during 1939, which allowed a reorganization of assignments and missions: In late January, the Iida Detachment was reorganized into the Formosa Mixed Brigade and took part in the invasion of Hainan Island.  Hainan, just 15 miles across the Qiongzhou Strait from the mainland, represented a critical "loophole": it lay astride the Gulf of Tonkin, enabling smuggling of arms and materiel from Haiphong to Kunming, and offered potential airfields for bombing raids deep into Yunnan. Japanese interest in Hainan dated to the 1920s, driven by the Taiwan Governor-General's Office, which eyed the island's tropical resources (rubber, iron, copper) and naval potential at ports like Sanya (Samah). Prewar surveys by Japanese firms, such as those documented in Ide Kiwata's Minami Shina no Sangyō to Keizai (1939), highlighted mineral wealth and strategic harbors. The fall of Guangzhou in October 1938 provided the perfect launchpad, but direct invasion was delayed until early 1939 amid debates between the IJA (favoring mainland advances) and IJN (prioritizing naval encirclement). The operation would also heavily align with broader "southward advance" (Nanshin-ron) doctrine foreshadowing invasions of French Indochina (1940) and the Pacific War. On the Chinese side, Hainan was lightly defended as part of Guangdong's "peace preservation" under General Yu Hanmou. Two security regiments, six guard battalions, and a self-defense corps, totaling around 7,000–10,000 poorly equipped troops guarded the island, supplemented by roughly 300 Communist guerrillas under Feng Baiju, who operated independently in the interior. The indigenous Li (Hlai) people in the mountainous south, alienated by Nationalist taxes, provided uneven support but later allied with Communists. The Imperial General Headquarters ordered the 21st Army, in cooperation with the Navy, to occupy and hold strategic points on the island near Haikou-Shih. The 21st Army commander assigned the Formosa Mixed Brigade to carry out this mission. Planning began in late 1938 under the IJN's Fifth Fleet, with IJA support from the 21st Army. The objective: secure northern and southern landing sites to bisect the island, establish air/naval bases, and exploit resources. Vice Admiral Nobutake Kondō, commanding the fleet, emphasized surprise and air superiority. The invasion began under the cover of darkness on February 9, 1939, when Kondō's convoy entered Tsinghai Bay on the northern shore of Hainan and anchored at midnight. Japanese troops swiftly disembarked, encountering minimal initial resistance from the surprised Chinese defenders, and secured a beachhead in the northern zone. At 0300 hours on 10 February, the Formosa Mixed Brigade, operating in close cooperation with naval units, executed a surprise landing at the northeastern point of Tengmai Bay in north Hainan. By 04:30, the right flank reached the main road leading to Fengyingshih, while the left flank reached a position two kilometers south of Tienwei. By 07:00, the right flank unit had overcome light enemy resistance near Yehli and occupied Chiungshan. At that moment there were approximately 1,000 elements of the enemy's 5th Infantry Brigade (militia) at Chiungshan; about half of these troops were destroyed, and the remainder fled into the hills south of Tengmai in a state of disarray. Around 08:30 that same day, the left flank unit advanced to the vicinity of Shuchang and seized Hsiuying Heights. By 12:00, it occupied Haikou, the island's northern port city and administrative center, beginning around noon. Army and navy forces coordinated to mop up remaining pockets of resistance in the northern areas, overwhelming the scattered Chinese security units through superior firepower and organization. No large-scale battles are recorded in primary accounts; instead, the engagements were characterized by rapid advances and localized skirmishes, as the Chinese forces, lacking heavy artillery or air support, could not mount a sustained defense. By the end of the day, Japanese control over the north was consolidating, with Haikou falling under their occupation.Also on 10 February, the Brigade pushed forward to seize Cingang. Wenchang would be taken on the 22nd, followed by Chinglan Port on the 23rd. On February 11, the operation expanded southward when land combat units amphibiously assaulted Samah (now Sanya) at the island's southern tip. This landing allowed them to quickly seize key positions, including the port of Yulin (Yulinkang) and the town of Yai-Hsien (Yaxian, now part of Sanya). With these southern footholds secured, Japanese forces fanned out to subjugate the rest of the island, capturing inland areas and infrastructure with little organized opposition. Meanwhile, the landing party of the South China Navy Expeditionary Force, which had joined with the Army to secure Haikou, began landing on the island's southern shore at dawn on 14 February. They operated under the protection of naval and air units. By the same morning, the landing force had advanced to Sa-Riya and, by 12:00 hours, had captured Yulin Port. Chinese casualties were significant in the brief fighting; from January to May 1939, reports indicate the 11th security regiment alone suffered 8 officers and 162 soldiers killed, 3 officers and 16 wounded, and 5 officers and 68 missing, though figures for other units are unclear. Japanese losses were not publicly detailed but appear to have been light.  When crisis pressed upon them, Nationalist forces withdrew from coastal Haikou, shepherding the last civilians toward the sheltering embrace of the Wuzhi mountain range that bands the central spine of Hainan. From that high ground they sought to endure the storm, praying that the rugged hills might shield their families from the reach of war. Yet the Li country's mountains did not deliver a sanctuary free of conflict. Later in August of 1943, an uprising erupted among the Li,Wang Guoxing, a figure of local authority and stubborn resolve. His rebellion was swiftly crushed; in reprisal, the Nationalists executed a seizure of vengeance that extended far beyond the moment of defeat, claiming seven thousand members of Wang Guoxing's kin in his village. The episode was grim testimony to the brutal calculus of war, where retaliation and fear indelibly etched the landscape of family histories. Against this backdrop, the Communists under Feng Baiju and the native Li communities forged a vigorous guerrilla war against the occupiers. The struggle was not confined to partisan skirmishes alone; it unfolded as a broader contest of survival and resistance. The Japanese response was relentless and punitive, and it fell upon Li communities in western Hainan with particular ferocity, Sanya and Danzhou bore the brunt of violence, as did the many foreign laborers conscripted into service by the occupying power. The toll of these reprisals was stark: among hundreds of thousands of slave laborers pressed into service, tens of thousands perished. Of the 100,000 laborers drawn from Hong Kong, only about 20,000 survived the war's trials, a haunting reminder of the human cost embedded in the occupation. Strategically, the island of Hainan took on a new if coercive purpose. Portions of the island were designated as a naval administrative district, with the Hainan Guard District Headquarters established at Samah, signaling its role as a forward air base and as an operational flank for broader anti-Chiang Kai-shek efforts. In parallel, the island's rich iron and copper resources were exploited to sustain the war economy of the occupiers. The control of certain areas on Hainan provided a base of operations for incursions into Guangdong and French Indochina, while the airbases that dotted the island enabled long-range air raids that threaded routes from French Indochina and Burma into the heart of China. The island thus assumed a grim dual character: a frontier fortress for the occupiers and a ground for the prolonged suffering of its inhabitants. Hainan then served as a launchpad for later incursions into Guangdong and Indochina. Meanwhile after Wuhan's collapse, the Nationalist government's frontline strength remained formidable, even as attrition gnawed at its edges. By the winter of 1938–1939, the front line had swelled to 261 divisions of infantry and cavalry, complemented by 50 independent brigades. Yet the political and military fissures within the Kuomintang suggested fragility beneath the apparent depth of manpower. The most conspicuous rupture came with Wang Jingwei's defection, the vice president and chairman of the National Political Council, who fled to Hanoi on December 18, 1938, leading a procession of more than ten other KMT officials, including Chen Gongbo, Zhou Fohai, Chu Minqi, and Zeng Zhongming. In the harsh arithmetic of war, defections could not erase the country's common resolve to resist Japanese aggression, and the anti-Japanese national united front still served as a powerful instrument, rallying the Chinese populace to "face the national crisis together." Amid this political drama, Japan's strategy moved into a phase that sought to convert battlefield endurance into political consolidation. As early as January 11, 1938, Tokyo had convened an Imperial Conference and issued a framework for handling the China Incident that would shape the theater for years. The "Outline of Army Operations Guidance" and "Continental Order No. 241" designated the occupied territories as strategic assets to be held with minimal expansion beyond essential needs. The instruction mapped an operational zone that compressed action to a corridor between Anqing, Xinyang, Yuezhou, and Nanchang, while the broader line of occupation east of a line tracing West Sunit, Baotou, and the major river basins would be treated as pacified space. This was a doctrine of attrition, patience, and selective pressure—enough to hold ground, deny resources to the Chinese, and await a more opportune political rupture. Yet even as Japan sought political attrition, the war's tactical center of gravity drifted toward consolidation around Wuhan and the pathways that fed the Yangtze. In October 1938, after reducing Wuhan to a fortressed crescent of contested ground, the Japanese General Headquarters acknowledged the imperative to adapt to a protracted war. The new calculus prioritized political strategy alongside military operations: "We should attach importance to the offensive of political strategy, cultivate and strengthen the new regime, and make the National Government decline, which will be effective." If the National Government trembled under coercive pressure, it risked collapse, and if not immediately, then gradually through a staged series of operations. In practice, this meant reinforcing a centralized center while allowing peripheral fronts to be leveraged against Chongqing's grip on the war's moral economy. In the immediate post-Wuhan period, Japan divided its responsibilities and aimed at a standoff that would enable future offensives. The 11th Army Group, stationed in the Wuhan theater, became the spearhead of field attacks on China's interior, occupying a strategic triangle that included Hunan, Jiangxi, and Guangxi, and protecting the rear of southwest China's line of defense. The central objective was not merely to seize territory, but to deny Chinese forces the capacity to maneuver along the critical rail and river corridors that fed the Nanjing–Jiujiang line and the Zhejiang–Jiangxi Railway. Central to this plan was Wuhan's security and the ability to constrain Jiujiang's access to the Yangtze, preserving a corridor for air power and logistics. The pre-war arrangement in early 1939 was a tableau of layered defenses and multiple war zones, designed to anticipate and blunt Japanese maneuver. By February 1939, the Ninth War Zone under Xue Yue stood in a tense standoff with the Japanese 11th Army along the Jiangxi and Hubei front south of the Yangtze. The Ninth War Zone's order of battle, Luo Zhuoying's 19th Army Group defending the northern Nanchang front, Wang Lingji's 30th Army Group near Wuning, Fan Songfu's 8th and 73rd Armies along Henglu, Tang Enbo's 31st Army Group guarding southern Hubei and northern Hunan, and Lu Han's 1st Army Group in reserve near Changsha and Liuyang, was a carefully calibrated attempt to absorb, delay, and disrupt any Xiushui major Japanese thrust toward Nanchang, a city whose strategic significance stretched beyond its own bounds. In the spring of 1939, Nanchang was the one city in southern China that Tokyo could not leave in Chinese hands. It was not simply another provincial capital; it was the beating heart of whatever remained of China's war effort south of the Yangtze, and the Japanese knew it. High above the Gan River, on the flat plains west of Poyang Lake, lay three of the finest airfields China had ever built: Qingyunpu, Daxiaochang, and Xiangtang. Constructed only a few years earlier with Soviet engineers and American loans, they were long, hard-surfaced, and ringed with hangars and fuel dumps. Here the Chinese Air Force had pulled back after the fall of Wuhan, and here the red-starred fighters and bombers of the Soviet volunteer groups still flew. From Nanchang's runways a determined pilot could reach Japanese-held Wuhan in twenty minutes, Guangzhou in less than an hour, and even strike the docks at Hong Kong if he pushed his range. Every week Japanese reconnaissance planes returned with photographs of fresh craters patched, new aircraft parked wing-to-wing, and Soviet pilots sunning themselves beside their I-16s. As long as those fields remained Chinese, Japan could never claim the sky. The city was more than airfields. It sat exactly where the Zhejiang–Jiangxi Railway met the line running north to Jiujiang and the Yangtze, a knot that tied together three provinces. Barges crowded Poyang Lake's western shore, unloading crates of Soviet ammunition and aviation fuel that had come up the river from the Indochina railway. Warehouses along the tracks bulged with shells and rice. To the Japanese staff officers plotting in Wuhan and Guangzhou, Nanchang looked less like a city and more like a loaded spring: if Chiang Kai-shek ever found the strength for a counteroffensive to retake the middle Yangtze, this would be the place from which it would leap. And so, in the cold March of 1939, the Imperial General Headquarters marked Nanchang in red on every map and gave General Okamura the order he had been waiting for: take it, whatever the cost. Capturing the city would do three things at once. It would blind the Chinese Air Force in the south by seizing or destroying the only bases from which it could still seriously operate. It would tear a hole in the last east–west rail line still feeding Free China. And it would shove the Nationalist armies another two hundred kilometers farther into the interior, buying Japan precious time to digest its earlier conquests and tighten the blockade. Above all, Nanchang was the final piece in a great aerial ring Japan was closing around southern China. Hainan had fallen in February, giving the navy its southern airfields. Wuhan and Guangzhou already belonged to the army. Once Nanchang was taken, Japanese aircraft would sit on a continuous arc of bases from the tropical beaches of the South China Sea to the banks of the Yangtze, and nothing (neither the Burma Road convoys nor the French railway from Hanoi) would move without their permission. Chiang Kai-shek's decision to strike first in the Nanchang region in March 1939 reflected both urgency and a desire to seize initiative before Japanese modernization of the battlefield could fully consolidate. On March 8, Chiang directed Xue Yue to prepare a preemptive attack intended to seize the offensive by March 15, focusing the Ninth War Zone's efforts on preventing a river-crossing assault and pinning Japanese forces in place. The plan called for a sequence of coordinated actions: the 19th Army Group to hold the northern front of Nanchang; the Hunan-Hubei-Jiangxi Border Advance Army (the 8th and 73rd Armies) to strike the enemy's left flank from Wuning toward De'an and Ruichang; the 30th and 27th Army Groups to consolidate near Wuning; and the 1st Army Group to push toward Xiushui and Sandu, opening routes for subsequent operations. Yet even as Xue Yue pressed for action, the weather of logistics and training reminded observers that no victory could be taken for granted. By March 9–10, Xue Yue warned Chiang that troops were not adequately trained, supplies were scarce, and preparations were insufficient, requesting a postponement to March 24. Chiang's reply was resolute: the attack must commence no later than the 24th, for the aim was preemption and the desire to tether the enemy's forces before they could consolidate. When the moment of decision arrived, the Chinese army began to tense, and the Japanese, no strangers to rapid shifts in tempo—moved to exploit any hesitation or fog of mobilization. The Ninth War Zone's response crystallized into a defensive posture as the Japanese pressed forward, marking a transition from preemption to standoff as both sides tested the limits of resilience. The Japanese plan for what would become known as Operation Ren, aimed at severing the Zhejiang–Jiangxi Railway, breaking the enemy's line of communication, and isolating Nanchang, reflected a calculated synthesis of air power, armored mobility, and canalized ground offensives. On February 6, 1939, the Central China Expeditionary Army issued a set of precise directives: capture Nanchang to cut the Zhejiang–Jiangxi Railway and disrupt the southern reach of Anhui and Zhejiang provinces; seize Nanchang along the Nanchang–Xunyi axis to split enemy lines and "crush" Chinese resistance south of that zone; secure rear lines immediately after the city's fall; coordinate with naval air support to threaten Chinese logistics and airfields beyond the rear lines. The plan anticipated contingencies by pre-positioning heavy artillery and tanks in formations that could strike with speed and depth, a tactical evolution from previous frontal assaults. Okamura Yasuji, commander of the 11th Army, undertook a comprehensive program of reconnaissance, refining the assault plan with a renewed emphasis on speed and surprise. Aerial reconnaissance underlined the terrain, fortifications, and the disposition of Chinese forces, informing the selection of the Xiushui River crossing and the route of the main axis of attack. Okamura's decision to reorganize artillery and armor into concentrated tank groups, flanked by air support and advanced by long-range maneuver, marked a departure from the earlier method of distributing heavy weapons along the infantry front. Sumita Laishiro commanded the 6th Field Heavy Artillery Brigade, with more than 300 artillery pieces, while Hirokichi Ishii directed a force of 135 tanks and armored vehicles. This blended arms approach promised a breakthrough that would outpace the Chinese defenders and open routes for the main force. By mid-February 1939, Japanese preparations had taken on a high tempo. The 101st and 106th Divisions, along with attached artillery, assembled south of De'an, while tank contingents gathered north of De'an. The 6th Division began moving toward Ruoxi and Wuning, the Inoue Detachment took aim at the waterways of Poyang Lake, and the 16th and 9th Divisions conducted feints on the Han River's left bank. The orchestration of these movements—feints, riverine actions, and armored flanking, was designed to reduce the Chinese capacity to concentrate forces around Nanchang and to force the defenders into a less secure posture along the Nanchang–Jiujiang axis. Japan's southward strategy reframed the war: no longer a sprint to reduce Chinese forces in open fields, but a patient siege of lifelines, railways, and airbases. Hainan's seizure, the control of Nanchang's airfields, and the disruption of the Zhejiang–Jiangxi Railway exemplified a shift from large-scale battles to coercive pressure that sought to cripple Nationalist mobilization and erode Chongqing's capacity to sustain resistance. For China, the spring of 1939 underscored resilience amid mounting attrition. Chiang Kai-shek's insistence on offensive means to seize the initiative demonstrated strategic audacity, even as shortages and uneven training slowed tempo. The Ninth War Zone's defense, bolstered by makeshift airpower from Soviet and Allied lendings, kept open critical corridors and delayed Japan's consolidation. The war's human cost—massive casualties, forced labor, and the Li uprising on Hainan—illuminates the brutality that fueled both sides' resolve. In retrospect, the period around Canton, Wuhan, and Nanchang crystallizes a grim truth: the Sino-Japanese war was less a single crescendo of battles than a protracted contest of endurance, logistics, and political stamina. The early 1940s would widen these fault lines, but the groundwork laid in 1939, competition over supply routes, air control, and strategic rail nodes, would shape the war's pace and, ultimately, its outcome. The conflict's memory lies not only in the clashes' flash but in the stubborn persistence of a nation fighting to outlast a formidable adversary. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. The Japanese invasion of Hainan and proceeding operations to stop logistical leaks into Nationalist China, showcased the complexity and scale of the growing Second Sino-Japanese War. It would not merely be a war of territorial conquest, Japan would have to strangle the colossus using every means necessary.  

The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.

Episode 357 of the Mixing Music Podcast tackles a topic most engineers avoid saying out loud: using substances while mixing, recording, or working live sound. Prompted by a Discord listener question, Dee Kei and Lu break down caffeine, weed, alcohol, psychedelics, and harder drugs through a practical lens, not a moral one.They talk about the difference between feeling more creative versus actually making better decisions, why weed and alcohol can change your mindset without improving your output, and how reliance (even on “normal” stuff like caffeine) can expose deeper issues with impulse control. DK also uses Japan as a real-world counterexample to the idea that drugs are required for creativity, and argues that long-term success in music is driven less by “genius” and more by conscientiousness, reliability, and professionalism.They also cover the career side of the issue: high-level sessions require someone to “drive the ship,” labels and managers value efficiency, and substance use on the job can quietly turn you into a liability even if you think you're fine. Bottom line: if you choose to partake, understand the risks, keep it responsible, and do not let it steal your hearing, your focus, or your reputation.SUBSCRIBE TO OUR PATREON FOR EXCLUSIVE CONTENT!⁠SUBSCRIBE TO YOUTUBE⁠Join the ‘Mixing Music Podcast' Discord!HIRE DEE KEIHIRE LU⁠HIRE JAMES⁠Find Dee Kei and Lu on Social Media:Instagram: @DeeKeiMixes @MasteredbyLu @JamesParrishMixesTwitter: @DeeKeiMixes @MasteredbyLuThe Mixing Music Podcast is sponsored by ⁠Izotope⁠, ⁠Antares (Auto Tune)⁠, Sweetwater, ⁠Plugin Boutique⁠, ⁠Lauten Audio⁠, ⁠Filepass⁠, & ⁠Canva⁠The Mixing Music Podcast is a video and audio series on the art of music production and post-production. Dee Kei, Lu, and James are professionals in the Los Angeles music industry having worked with names like Odetari, 6arelyhuman, Trey Songz, Keyshia Cole, Benny the Butcher, carolesdaughter, Crying City, Daphne Loves Derby, Natalie Jane, charlieonnafriday, bludnymph, Lay Bankz, Rico Nasty, Ayesha Erotica, ATEEZ, Dizzy Wright, Kanye West, Blackway, The Game, Dylan Espeseth, Tara Yummy, Asteria, Kets4eki, Shaquille O'Neal, Republic Records, Interscope Records, Arista Records, Position Music, Capital Records, Mercury Records, Universal Music Group, apg, Hive Music, Sony Music, and many others.This podcast is meant to be used for educational purposes only. This show is filmed and recorded at Dee Kei's private studio in North Hollywood, California. If you would like to sponsor the show, please email us at ⁠deekeimixes@gmail.com⁠.Support this podcast at — https://redcircle.com/mixing-music-music-production-audio-engineering-and-music/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to The Times of Israel's Daily Briefing, your 20-minute audio update on what's happening in Israel, the Middle East and the Jewish world. Editor David Horovitz joins host Amanda Borschel-Dan for today's episode. Dozens of world leaders, including Prime Minister Benjamin Netanyahu and Russian President Vladimir Putin, received an invitation over the past week to sit on US President Donald Trump’s Board of Peace. The US is aiming to hold the board’s first meeting on the sidelines of the World Economic Forum in Davos, Switzerland, on Wednesday. In the meantime, various countries have reacted to their invitations to Thursday’s signing ceremony in Davos, including France’s President Emmanuel Macron. Horovitz fills us in on international responses, including shades of daylight between Netanyahu and Trump. In the hours after two babies lost their lives in an unlicensed and massively overcrowded daycare in the ultra-Orthodox Romema neighborhood of Jerusalem on Monday, Haredi leaders blamed the tragedy on the state and the legislative efforts to draft young men of the community. Two infants died and 53 babies and toddlers were injured to varying degrees in the incident. We speak about the avoidable nature of the tragedy, which, because of the prevalence of unsupervised daycare, could occur in any Israeli community at any time. And finally, regular listeners of The Daily Briefing will have missed their weekly dose of David Horovitz, who is just back from a three-week trip in Japan. We hear observations. Check out The Times of Israel's ongoing liveblog for more updates. For further reading: Trump to hold Board of Peace signing ceremony in Davos, but participants may be limited PM vows no Qatari, Turkish troops in Gaza after countries given role on oversight body Smotrich calls to shutter US-led Gaza coordination center, resettle Strip Netanyahu invited to Trump’s Gaza Board of Peace alongside European, Mideast leaders Haredi leaders blame babies’ deaths on state’s push to draft ultra-Orthodox men 2 babies die in incident at unlicensed Jerusalem daycare; 3 caregivers detained Subscribe to The Times of Israel Daily Briefing on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. This episode was produced by Podwaves. IMAGE: Ultra-Orthodox Jewish men block a road and clash with police during a protest sparked by the deaths of two babies in an unauthorized daycare in Jerusalem, January 19, 2026. (Chaim Goldberg/Flash90)See omnystudio.com/listener for privacy information.

Send us a textCinemondo reacts to the teaser for the second season of the One Piece anime television series aired on Fuji Television in Japan from March 21, 2001 to August 19, 2001, totaling 16 episodes. Directed by Kōnosuke Uda and produced by Toei Animation, it adapts Eiichiro Oda's One Piece manga from shortly after the beginning of the 12th through the beginning of the 15th volumes over 15 episodes. It is nicknamed "Gurando Rain Totsunyū" (グランドライン突入, lit. "Enter the Grand Line"), as the first season in the Arabasta Saga. It documents the first adventures of Monkey D. Luffy's Straw Hat Pirates in the Grand Line. Stuck in the bowels of the giant whale Laboon, they encounter the whale's caretaker, an old man named Crocus, and Nefeltari Vivi. Taking her with them, they make enemies of the Warlord Sir Crocodile's secret organization, Baroque Works, while befriending the giants Dorry and Broggy on the prehistoric island Little Garden.Support the show

The first installment of this two-parter covers ancient embroidery around the world, and then focuses on European embroidery, Chinese dragon robes, and the Bayeux Tapestry. Research: Абильда, Айжан. “Scythians are creators of embroidery art.” Qazaqstan Tarihy. May 24, 2019. https://e-history.kz/en/news/show/7178#:~:text=Embroidery%20is%20a%20traditional%20East,a%20wedding%20or%20a%20party. Angus, Jennifer. “Nature’s Sequins.” Cooper Hewitt. Sept. 14, 2018. https://www.cooperhewitt.org/2018/09/14/natures-sequins/ “The art of printing textile.” Musee de L’Impression sur Etoffes. https://www.musee-impression.com/en/the-collection/ Badshah, Nadeem. “Bayeux tapestry to be insured for £800m for British Museum exhibition.” The Guardian. Dec. 27. 2025. https://www.theguardian.com/world/2025/dec/27/bayeux-tapestry-to-be-insured-for-800m-for-british-museum-exhibition “Bayeux Tapestry.” UNESCO. https://www.unesco.org/en/memory-world/bayeux-tapestry “The Bayeux Tapestry.” La Tapisserie de Bayeux. Bayeux Museum. https://www.bayeuxmuseum.com/en/the-bayeux-tapestry/ Binswanger, Julia. “These Delicate Needles Made From Animal Bones May Have Helped Prehistoric Humans Sew Warm Winter Clothing.” Smithsonian. Dec. 11, 2024. https://www.smithsonianmag.com/smart-news/these-delicate-needles-made-from-animal-bones-may-have-helped-prehistoric-humans-sew-warm-winter-clothing-180985601/ Britannica Editors. "Scythian art". Encyclopedia Britannica, 27 May. 2018, https://www.britannica.com/art/Scythian-art “Chasuble (Opus Anglicanum).” The Met. https://www.metmuseum.org/art/collection/search/466660 Chung, Young Yang. “Silken Threads: A History of Embroidery in China, Korea, Japan, and Vietnam.” Abrams. 2005. Daniels, Margaret Harrington. “Early Pattern Books for Lace and Embroidery.” Bulletin of the Needle and Bobbin Club. https://www2.cs.arizona.edu/patterns/weaving/articles/nb33_lac.pdf “DMC.” Textile Research Center Leiden. https://trc-leiden.nl/trc-needles/organisations-and-movements/companies/dmc “Dragon Robe Decoded.” Sotheby’s. May 23, 2019. https://www.sothebys.com/en/articles/dragon-robe-decoded Embroiderers’ Guild. https://embroiderersguild.com/ Embroiderers’ Guild of America. https://egausa.org/ “Embroidery Techniques from Around the World: Crewel.” Embroiderer’ Guild of America. Oct. 28, 2024. https://egausa.org/embroidery-techniques-from-around-the-world-crewel/ Francfort, H.-P., 2020, “Scythians, Persians, Greeks and Horses: Reflections on Art, Culture Power and Empires in the Light of Frozen Burials and other Excavations”, in: , Londres, British Museum, p. 134-155. https://www.academia.edu/44417916/Francfort_H_P_2020_Scythians_Persians_Greeks_and_Horses_Reflections_on_Art_Culture_Power_and_Empires_in_the_Light_of_Frozen_Burials_and_other_Excavations_in_Londres_British_Museum_p_134_155 “Girlhood Embroidery.” Pilgrim Hall Museum. https://www.pilgrimhall.org/girlhood_embroidery.htm Gower, John G., and G.C. Macaulay, ed. “The Complete Works of John Gower.” Clarendon Press. 1901. https://www.gutenberg.org/files/71162/71162-h/71162-h.htm#Page_1 “Introducing Opus Anglicanum.” Victoria and Albert Museum. https://www.vam.ac.uk/articles/about-opus-anglicanum?srsltid=AfmBOor2pOTddjxaPC9AXHvvQuGXD4Tyx9N3zBeISzMSDHX1KnaUnfnL “Introducing the Scythians.” British Museum. May 30, 2017. https://www.britishmuseum.org/blog/introducing-scythians Nazarova, Yevhenia. “Ukraine's Ancient 'River Guardians.'” Radio Free Europe. Oct. 17, 2021. https://www.rferl.org/a/scythian-dig-ukraine-river-guardians-discovery/31507187.html "Ancient Peruvian Textiles." The Museum Journal XI, no. 3 (September, 1920): 140-147. Accessed December 22, 2025. https://www.penn.museum/sites/journal/843/ “Embroidery – a history of needlework samplers.” Victoria & Albery Museum. https://www.vam.ac.uk/articles/embroidery-a-history-of-needlework-samplers “History of The Broderers.” The Worshipful Company of Broderers. https://broderers.co.uk/history-broderers “The History of Britain's Bayeux Tapestry.” Reading Museum. https://www.readingmuseum.org.uk/collections/britains-bayeux-tapestry/history-britains-bayeux-tapestry Kennedy, Maev. “British Museum to go more than skin deep with Scythian exhibition.” The Guardian. May 30, 2017. https://www.theguardian.com/culture/2017/may/30/british-museum-skin-scythian-exhibition-tattoo-empire Lattanzio, Giaga. “Byzantine.” Fashion History Timeline. FITNYC. https://fashionhistory.fitnyc.edu/byzantine/ Leslie, Catherine Amoroso. “Needlework Through History: An Encyclopedia.” Greenwood Press. 2007. Libes, Kenna. “Beetle-Wing Embroidery in Nineteenth-Century Fashion.” Fashion History Timeline. FITNYC. https://fashionhistory.fitnyc.edu/beetle-wing-19thcentury/ Liu Y, Li Y, Li X, Qin L. The origin and dispersal of the domesticated Chinese oak silkworm, Antheraea pernyi, in China: a reconstruction based on ancient texts. J Insect Sci. 2010;10:180. doi: 10.1673/031.010.14140 “Mrs. Jacob Wendell (Mary Barrett, 1832–1912).” The New York Historical. https://emuseum.nyhistory.org/objects/68658/mrs-jacob-wendell-mary-barrett-18321912 Muntz, Eugene and Louisa J. Davis. “A short history of tapestry. From the earliest times to the end of the 18th century.” London. Cassel & Co. 1885. Accessed online: https://archive.org/details/shorthistoryofta00mntz/page/n3/mode/2up Pohl, Benjamin. “Chewing over the Norman Conquest: the Bayeux Tapestryas monastic mealtime reading.” Historical Research. 2025. https://academic.oup.com/histres/advance-article/doi/10.1093/hisres/htaf029/8377922 Puiu, Tibi. “Pristine 2,300-year-old Scythian woman’s boot found in frozen Altai mountains.” ZME Science. Dec. 29, 2021. https://www.zmescience.com/science/scythian-boots-0532/ Razzall, Katie. “Bayeux Tapestry to return to UK on loan after 900 years.” BBC. July 8, 2025. https://www.bbc.com/news/articles/c14ev1z6d5go Royal School of Needlework. https://royal-needlework.org.uk/ Salmony, Alfred. “The Archaeological Background of textile Production in Soviet Russia Territory.” The Bulletin of the Needle and Bobbin Club. Volume 26. No. 2. 1942. https://www2.cs.arizona.edu/patterns/weaving/periodicals/nb_42_2.pdf “Sampler.” Victoria & Albert Museum. https://collections.vam.ac.uk/item/O46183/sampler-jane-bostocke/ Schӧnsperger, Johann. “Ein ney Furmbüchlein. 1525-1528. Met Museum Collection. https://www.metmuseum.org/art/collection/search/354716 Schӧnsperger, Johann. “Ein new Modelbuch … “ 1524. https://www.metmuseum.org/art/collection/search/354660 Shrader, Dustin. “Embroidery Through the Ages.” Impressions. July 28, 2023. https://impressionsmagazine.com/process-technique/embroidery-through-the-ages/39234/#:~:text=The%20Age%2DOld%20Beginning&text=We%20tend%20to%20typically%20think,to%20generation%20across%20the%20millennia. “Silk Roads Programme.” UNESCO. https://en.unesco.org/silkroad/silkroad-interactive-map Sons of Norway's Cultural Skills Program. “Unit 8: Hardanger Embroidery.” 2018. https://www.sofn.com/wp-content/uploads/2018/11/unit8hardanger_rev8.11.pdf “Suzhou Embroidery.” Smithsonian National Museum of Asian Art.” https://asia-archive.si.edu/learn/for-educators/teaching-china-with-the-smithsonian/videos/suzhou-embroidery/ Teall, John L., Nicol, Donald MacGillivray. "Byzantine Empire". Encyclopedia Britannica, 5 Dec. 2025, https://www.britannica.com/place/Byzantine-Empire Warner, Pamela. “Embroidery: A History.” B.T. Bedford, Ltd. 1991. Watt, James C. Y., and Anne E. Wardwell. “When Silk Was Gold: Central Asian and Chinese Textiles.” Metropolitan Museum of Art. Harry N. Abrams. New York. 1997. https://cdn.sanity.io/files/cctd4ker/production/d781d44d3048d49257072d610034400182246d3e.pdf Watt, Melinda. “Textile Production in Europe: Embroidery, 1600–1800.” The Met. Oct. 1, 2003. https://www.metmuseum.org/essays/textile-production-in-europe-embroidery-1600-1800 See omnystudio.com/listener for privacy information.

Daniel Suazo @thejewishcatholic, joins Pints With Aquinas host, Matt Fradd, to share his extraordinary journey from Judaism to the Catholic Church. Daniel, who lives in Tokyo, Japan, discusses his Jewish heritage, his deep dive into Judaism, and the theological discoveries that ultimately led him to Christ. This episode explores the connections between ancient Judaism and Catholicism, common misconceptions about the Talmud, Christian Zionism and dispensationalism, and how Catholics can better evangelize their Jewish friends.  Ep. 562 - - -

Keir Starmer has given a special address to set out Britain's stance over Donald Trump's threat to impose tariffs on European countries opposing his move to annex Greenland. The British prime minister said tariffs were no way to resolve differences within an alliance, and that calm discussion was needed instead. Also: Mr Trump criticises Norway, mistakenly accusing its government of not awarding him the Nobel Peace Prize; Investigations begin after Spain's worst train crash in a decade; the Pentagon prepares to deploy 1500 soldiers to Minnesota where protests continue over immigrant deportations; Snap elections are announced in Japan next month; Russia's President Putin is invited onto the Gaza peace board; trials are underway for a blood test for Alzheimers; and why short attention spans may be changing the ways films are made.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

Episode 2 of the 9941 Podcast tackles a question many Christians quietly wrestle with: How should believers think about nicotine? In an honest, Scripture-centered conversation, Granger Smith, Tyler Smith, Parker Smith, and AntMan explore the difference between Christian freedom and spiritual slavery—asking whether substances like nicotine, caffeine, or alcohol have dominion over our lives or are simply neutral tools. Drawing from passages like Romans 12, 1 Corinthians 6, Galatians 5, and Romans 8, the group discusses addiction, conscience, legalism, cheap grace, and the responsibility believers have not to place stumbling blocks in front of others. The episode also features a powerful testimony of a man in Japan who came to faith through daily Scripture reading and discipleship, illustrating the heart of the 9941 mission: reaching the one and equipping the ninety-nine. The conversation closes with a clear presentation of the gospel and a reminder that true freedom is found not in self-control alone, but in Christ alone. The 9941 Podcast is a Christian podcast hosted by Granger Smith, Tyler Smith, Parker Smith, and Anthony Lay. Rooted in Luke 15, the show exists to seek the one who feels lost and to equip the ninety-nine to live out their faith with clarity and conviction through Scripture, honest conversation, and real-life stories.   Listen, watch, and learn more: Website: https://9941thepodcast.com/ YouTube: https://www.youtube.com/@9941ThePodcast Instagram: https://www.instagram.com/9941thepodcast Facebook: https://www.facebook.com/9941thepodcast   If this podcast has been helpful to you, consider subscribing and leaving a short review. It helps others find the show, and we’re grateful for the feedback. See omnystudio.com/listener for privacy information.

Is Stack Overflow actually dying, and what does that mean in an AI-driven dev world? Scott and Wes break down the latest web dev news, from Firefox's AI crossroads and Apple's browser engine changes to new tools, docs, and spicy browser updates. Show Notes 00:00 Welcome to Syntax! 02:36 Stack Overflow is Officially Dead 05:40 AI's Impact on Software Development 07:56 Brought to you by Sentry.io 08:20 Micro QuickJS for Embedded Systems 13:03 Open Workers: A Cloudflare Alternative 20:09 React Aria has new Docs 24:12 Firefox and the AI Dilemma The Mozilla Announcement 31:11 Apple's Browser Engine Changes Using alternative browser engines in Japan. 36:12 Fractured JSON for Better Readability 37:45 New Chrome Permissions Dialogue Chrome Network Access 41:15 Sick Picks & Shameless Plugs Sick Picks Scott: TRMNL E-Ink Display Wes: ACEBOTT Shameless Plugs Scott: Syntax on YouTube Hit us up on Socials! Syntax: X Instagram Tiktok LinkedIn Threads Wes: X Instagram Tiktok LinkedIn Threads Scott: X Instagram Tiktok LinkedIn Threads Randy: X Instagram YouTube Threads

Guy Adami is joined by Danny Moses for a wide‑ranging macro conversation on gold, silver, Japan, energy stocks, banks, the Fed and the “K‑shaped” U.S. economy. They start with precious metals, breaking down why silver's industrial demand from EVs, solar and AI data centers is creating a structural supply squeeze, what it means for gold vs. silver, and how miners like Coeur Mining (CDE), Freeport‑McMoRan (FCX) and Newmont (NEM) fit into the trade. From there, they connect the metals story to Japan's weakening yen, surging bond yields, the carry trade, and the risk that a “point of no return” in Japanese policy spills over into U.S. Treasuries and global risk assets. In this episode of 'He Said, She Said', Guy Adami, Kristen Kelly & Jen Saarbach dive into the theme of unintended consequences. The discussion begins with Jerome Powell's saga and its implications on the Fed's independence and market reactions, highlighting potential political maneuvers and their backfires. Transitioning to monetary policy, they analyze the complexities of interest rate decisions and the perceptions of Fed control over the yield curve. Shifting to consumer finance, they debate the Biden administration's proposal to cap credit card rates and its potential repercussions on the economy. Corporate drama takes center stage with an in-depth analysis of the bidding war for Warner Brothers, involving Netflix, Paramount, and regulatory hurdles, likened to a real-life 'Succession'. They conclude by addressing headlines about Blackstone's housing market involvement and the impact on prices, underscoring the intricate web of economic policies and market behaviors. The episode wraps with discussions on gold and silver markets, oil prices, and the weakening US dollar, showcasing the multifaceted landscape of global finance. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media