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Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Trump wants the green tax credits removed, energy should not be subsidized by the government. This was only in place for [DS]/[CB] agenda. The [CB] is trying to push the oil prices up by shutting the Straight of Hormuz, this will fail because the oil field in Alaska are opening up. Trump puts the spotlight on the Federal Reserve and calls them out. The [DS]/China are trying to fight back, this will not work, Trump has removed the ability for foreign [DS] nations to receive intelligence, Trump can hit them at anytime. Trump is now sending a message to the [DS] to surrender and he wants the people of Iran to rise up and take back their country. Peace through strength. The world is watching. Economy SUBSIDY!). Also, it is almost exclusively made in China!!! It is time to break away, finally, from this craziness!!! (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Interior Dept. Proposes Opening Up 82 Percent Of Alaskan Petroleum Reserve The Department of Interior (DOI) released a draft analysis that proposes reopening up to 82 percent of the 23-million-acre National Petroleum Reserve in Alaska (NPR-A) to oil and gas leasing and development, the agency said in a June 17 statement. NPR-A was set aside as an emergency oil supply for the U.S. Navy by President Warren Harding in 1923. In 1976, the reserve was transferred to the DOI's Bureau of Land Management (BLM). In 2022, the Biden administration announced the closure of almost half of the NPR-A reserve to oil and gas drilling, overturning a policy from the first Trump administration that sought to boost oil development in the region. The latest proposal reverses the Biden-era restrictions, “consistent with the Trump administration's commitment to Energy Dominance and regulatory reform,” the DOI said. The proposal supports a presidential action, “Unleashing Alaska's Extraordinary Resource Potential,” signed by President Donald Trump on Jan. 20, 2025. The action highlighted that Alaska has an “abundant and largely untapped supply of natural resources” that could deliver energy price relief for Americans, ease trade imbalances, and create high-quality jobs. “Under President Trump's leadership, we're cutting red tape and restoring commonsense policies that ensure responsible development and good stewardship of our public lands,” he said. The Biden-era rule had closed roughly 11 million acres of NPR-A to oil and gas extraction and restricted construction on another 2 million acres. Source: zerohedge.com https://twitter.com/wideawake_media/status/1936695964791640244 something that is good for the elite, or is good for the young, or is good for some versus others." "If it is well done, and if it is well implemented, it would be of service to all citizens." CBDCs not only enable authorities to track who spends what, where, and when—they are programmable, allowing money to be restricted for specific uses, the imposition of expiry dates, and the ability to freeze or limit spending based on user behaviour or location. Once integrated with digital ID, facial recognition, social credit scores and carbon allowances, CBDCs facilitate totalitarian control on an unprecedented scale. The European Central Bank (ECB) is targeting October 2025 t...
SEASON 3 EPISODE 139: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:45) SPECIAL COMMENT: So we're going to do that whole Iraq crap again. Only swapping out the last letter. "Iran" instead of "Iraq." Because nobody remembers Bush and people think Trump is somehow anti-war, when he's doing all this because of his desperate FOMO that there is something somewhere on Fox News that he is not being given personal credit for. Only he's skipping the whole phony terrorism-9/11-pancake uranium-manufactured evidence dance and just saying "we're doing it to save Israel" even though the evangelicals who WANT to "save" Israel like Mike Huckabee really want just to make sure nobody but them destroys Israel, since the end of their prophecy is that when there are no Jews anywhere but Israel, there'll be a rapture, and all the Jews will convert or, you know, bye-bye. It's complete delusional snake-handling level religion. And as for the US military, the purpose of war with Iran would be the same as was the purpose of war with Iraq: to HAVE a war in which you can DESTROY B-2 Stealth Bombers and thus increase the Pentagon budget. As Big Jim McBob and Billy Sol Hurok would say: "Blowed 'em up good. Blowed 'em real good!" PLUS: Governor Hochul of New York uses the mot juste about what appears to have been a set-up of NYC Comptroller Brad Lander. ICE swings back towards seizing the people who keep the red states from starving. And those Trump American Phones are made in China. B-Block (32:50) THE WORST PERSONS IN THE WORLD: CNN/MSNBC screw up the ratio of ICE protest coverage to No Kings protest coverage; Stephen Miller runs Trump but Katie Miller runs Stephen Miller; Karoline Leavitt inexplicably posts a photo of Trump wearing a dunce cap. C-Block (43:00) THINGS I PROMISED NOT TO TELL: This week was the 25th anniversary of the day my mother became famous, and loved every moment of it, when she got hit in the face by a baseball thrown by the second baseman of the Yankees - while I was doing the highlights of that game on Fox's national game of the week telecast. See omnystudio.com/listener for privacy information.
AlabamaSCOTUS ruling for TN law upholds the VCAP law now in place in ALSen. Britt blasts Dems who bailed on meeting about Biden's dementiaSoS Allen to access DHS system and identify non citizens on voter rollsALGOP Chairman John Wahl is considering a run for Lieutenant governorElon Musk posts about the SPLC once again, Musk is definitely not a fanNippon Steel and US Steel deal finalized, Fairfield plant to get $500MNationalTrump says he is not about "forever" wars when it comes to Iran conflictUS embassy in Israel preps for evacuation of US citizens and diplomatsMO Senator Josh Hawley calls for release of Joe Biden's autopen docsWhistleblower on CCP 2020 election interference, says he was fired for revealing the fraudFL Attorney general says medical devices made in China have "back door" for transmitting patient data
How should we understand China's unique variety of party-state capitalism? In this episode of The World Unpacked, Isaac Kardon sits down with Dr. Meg Rithmire, a renowned scholar of political economy in China and the James E. Robison Professor at Harvard Business School, to discuss how capitalism functions in a party-state that tries to maintain “rule by market” without ceding too much control to private capital. Their discussion is based on Dr. Rithmire's chapter in a new volume released from Carnegie called The Life of the Party: Past and Present Constraints on the Future of the Chinese Communist Party. They explore how private capitalists have been important to China's economy since the 1950s, and how China attempts to exert control over companies to ensure that their activities serve party-state objectives, like Made in China 2025.Notes:1. Yvonne Chiu, Isaac B. Kardon, Jason M. Kelly, “The Life of the Party: Past and Present Constraints on the Future of the Chinese Communist Party,” Carnegie Endowment for International Peace, June 9, 2025.
TraditionalKraft Heinz to remove artificial dyes from U.S. products by end of 2027 SEC Drops Proposed Anti-Greenwashing Fund Disclosure RulesInitially launched by the SEC in 2022, the proposed “Enhanced Disclosures by Certain Investment Advisers and Investment Companies About Environmental, Social, and Governance Investment Practices” rule was designed by the Commission to address the lack of clear rules communicating the ESG attributes of an increasing number of funds marketing themselves using terms such as “green” or “sustainable.”At the time, the Commission said that the lack of consistent and comparable data “makes it difficult for investors to make better informed investment decisions that are in line with their ESG investment goals,” and “may lead to potential greenwashing.”Peru's Climate Education Revolution: A Blueprint for Global ActionOn World Environment Day 2025, the Government of Peru launched a national initiative to embed climate and environmental education into the country's school system.This move sets an example for the rest of the world and shows how education can and should be a central part of a country's climate strategyPresident Dina Ercilia Boluarte led the announcement of a formal agreement between the Ministry of the Environment (MINAM) and the Ministry of Education (MINEDU).Warner Bros. Discovery Reworks CEO Pay, Reducing David Zaslav's Massive CompensationIf Zaslav hits 100% of his operational and financial goals in the first year after the split, his target pay will be $16.5mn, compared with $37mn in the current contract. If he hits 200% of the targets, it will be as high as $30mn, the company said on Monday.However, the bulk of Zaslav's future pay will be based on stock options after shareholders rebuked a model based on free cash flow generation.The securities filing made late on Monday said the beleaguered media boss would receive about 24mn in WBD shares that could be purchased for the current $10.16 price.If the share price were to double, the package could eventually be worth nearly $250mn.Bank unveils green loans plan to unlock trillions for climate finance An innovative plan to use public money to back renewable energy loans in the developing world could liberate cash from the private sector for urgently needed climate finance.The Inter-American Development Bank (IADB), who developed the proposals, believes the plan could drive tens of billions of new investment in the fledgling green economy in poorer countries within a few years, and could provide the bulk of the $1.3tn in annual climate finance promised to the developing world by 2035.Amazon Buys More than 9 Million Liters of Sustainable Aviation Fuel for Cargo FlightsVenice locals protesting Jeff Bezos and Lauren Sánchez's wedding: 'No space for Bezos'Rate the New Woke/DEI Hire:MI6 Names Its First Female Chief, Career Spy Blaise Metrewelifirst woman to lead Britain's foreign intelligence service in the agency's 116-year history "C"; most recently the director general of technology and innovation "Q"Whirlpool Corporation Welcomes Judith Buckner to Board of Directorsonly 4th woman on 13-member board with -12% gender influence gap; President of Reynolds Cooking & Baking; other leadership roles including Director of Manufacturing, Plant Manager, Director of Engineering and New Product Development and Vice President of Operations and Engineering. Degree in Chemical Engineering; Whirlpool board knowledge dominated (27%) by Economics and AccountingLynn Good Elected to Morgan Stanley Board of Directorslongest-tenured Boeing director (2015-)Rate How “Good” the Headline Is Speed Round: Trump's $499 smartphone will likely be made in ChinaThe Trump Organization's newly-announced smartphone will likely be made in China, experts say, despite claims that the device will be manufactured in the U.S.Her Boss Has Been Spelling The Company Name Wrong For Over A Year, So She Anonymously Reports Him To The Board Of DirectorsGeneral Mills CEO Harmening: ‘We don't sell Cheerios in the morning and then think about sustainability in the afternoon'Companies Bragging About Their AI Furious as Job Applicants Use AI During InterviewsFu Yu's independent directors resign, leaving CEO as only one on boardFinally, rate how good this should/could be for Free Float Analytics:Half of company directors think their board is of no value to the businessAlmost half (46 percent) of company directors in the US and UK think their boards do not add enough value to their organisation, according to the Board Value Index from Board Intelligence. The Board Value Index is based on responses from more than 200 executive and non-executive directors from companies with over $50 million in turnover across the UK and US. Almost a third (31 percent) of directors surveyed said that their board adds no value at all, with half of that group believing their board is actively holding their organisation back.
President Trump's tariffs on China have highlighted how much American companies, and consumers, depend on products made in China. And arguably no company has been more exposed than Apple. The conventional wisdom in the West is that Apple and other corporations simply flocked to China for cheap, unskilled labor. While that is true, it masks the depth of Apple's relationship with the Middle Kingdom. Yes, Apple products are made in China. But Apple also made China—at least the advanced technological China confronting the U.S. today. From training tens of millions of workers, to investing hundreds of billions in the country, our guest today argues that Apple has done more than anyone, or anything, to make China a manufacturing powerhouse. As one tech analyst observed, “It's hard to reconcile the fact that the greatest American company, the most capitalist thing in the world, survives on the basis of a country that has Communist in its title.”So how did America's most iconic tech company become so invested in, and dependent on, the U.S.'s chief global adversary? What did Apple CEO Tim Cook know about what was happening, and when did he know it? How might the world look but for these investments? And as the U.S. government urges companies to de-risk and decouple from China, what position does that put Apple in?Evan is joined by Patrick McGee. He was the Financial Times's Apple reporter from 2019 to 2023 and is now the author of Apple in China: The Capture of the World's Greatest Company.
Protect your pocketbook! Tell the legislature “No New Taxes!” by going to www.notaxor.com You have 24 hours before the Dems vote on it. Democrats say their massive cost of living increasing transportation tax plan will be repealed by the voters if they get the chance: https://oregoncatalyst.com/88538-billion-year-transportation-tax-hike-rejected-oregon-voters.html Kotek wants to steal your kicker to pay for wildfire fighting which isn't necessary if she would manage the forests like private timber does: https://oregoncatalyst.com/88618-gov-kotek-sign-striker-bill.html FBI director says Chinese plotted to create thousands of fake mail in ballots in 2020: https://www.thegatewaypundit.com/2025/06/fbi-director-kash-patel-announces-chinese-plot-create/ Trump assassination attempts come from Ukraine and not Iran: https://www.thegatewaypundit.com/2025/06/not-so-fast-netanyahu-trump-assassination-plots-trace/ Funny thing happened after ICE raid on Nebraska meat packing plant: Americans applied for the jobs: https://revolver.news/2025/06/a-funny-thing-happened-after-ice-raided-a-meatpacking-plant/ Fake news headline: no, Trump's new T1 phone will not be made in China: https://revolver.news/2025/06/a-funny-thing-happened-after-ice-raided-a-meatpacking-plant/
B.C Ferries: Made In China? B.C's Transportation Minister reacts GUEST: Mike Farnworth, B.C's Minister of Transportation and Transit Learn more about your ad choices. Visit megaphone.fm/adchoices
Ingo ist so etwas wie der „Man in Black“ der Firma Scherdel: weltweit im Einsatz, immer dort, wo es kritisch wird. Er betreut die Produktionsstandorte des Unternehmens rund um den Globus – mit dem Ziel, Engpässe zu identifizieren und gemeinsam mit den lokalen Teams sowie dem Know-how aus der Zentrale gezielt zu lösen. Sein Auftrag: Hindernisse beseitigen, damit die internationalen Tochtergesellschaften nachhaltig wachsen können. Seit über drei Jahren lebt Ingo in Huzhou, nahe Shanghai – und begleitet seither aus nächster Nähe die rasante Entwicklung des chinesischen Marktes. In diesem Gespräch sprechen wir mit ihm über seine Erfahrungen vor Ort: Welche Produktionskompetenz bringt China heute wirklich mit? Wie lässt sich das Beste aus deutschen, chinesischen – und vielleicht auch amerikanischen – Standorten herausholen? Und was bedeutet das für mittelständische Unternehmen, die global wettbewerbsfähig bleiben wollen?
Oggi è stato presentato in Senato il Rapporto sulla politica di bilancio a cura dell'Ufficio parlamentare di bilancio (Upb). Dal rapporto, tra i molti temi affrontati, emerge che la stabilizzazione del taglio del cuneo e l accorpamento delle aliquote Irpef della manovra se, da un lato, danno maggiore stabilità al sistema, dall'altro, aumentano la sensibilità dell'imposta personale sul reddito all'inflazione soprattutto per i lavoratori dipendenti. Lo osserva l'Upb che sottolinea che la nuova struttura Irpef, essendo più progressiva, produce un maggior drenaggio fiscale (fiscal drag). In un contesto in cui la dinamica retributiva è già risultata insufficiente a compensare l inflazione, l'intensificazione del prelievo fiscale derivante dall'interazione tra quest'ultima e la progressività dell'imposta rischia di erodere in misura considerevole gli incrementi nominali delle retribuzioni, con potenziali ricadute negative sui consumi e sulla domanda interna. Approfondiamo il tema con Gianni Trovati de Il Sole 24 Ore.Giovani Confindustria: Per far crescere le nuove imprese priorità a Venture capital e IACi sono energie che possono davvero spingere avanti il Paese. Dobbiamo saperle riconoscere e valorizzare, perché l impresa è il vero motore dello sviluppo. Tra i giovani c'è voglia di fare impresa, la loro propensione al rischio va rafforzata e indirizzata. E oggi abbiamo strumenti potenti, come le tecnologie digitali e l intelligenza artificiale, che possono fare la differenza. Per Maria Anghileri, presidente dei Giovani Imprenditori di Confindustria, nel nostro paese la Passione d impresa è forte, e proprio per questo ha scelto questo messaggio come titolo del 54 convegno di Rapallo che si terrà venerdì 13 e sabato 14 giugno. A Rapallo porteremo esempi di imprenditori under 40, di prima, seconda e terza generazione, anche espressione di nuove aziende o di unicorni. Casi di eccellenza, di chi è riuscito ad avere successo in settori innovativi, ma anche in quelli più tradizionali. Ne parliamo proprio con Maria Anghileri, presidente dei Giovani Imprenditori di Confindustria.Dazi, Trump conferma accordo quadro con la Cina: Arriveranno magneti e minerali rariA Londra le delegazioni ai massimi livelli di Stati Uniti e Cina hanno annunciato di aver raggiunto un intesa quadro sul ripristino della tregua che aveva visto i due Paesi sospendere la maggior parte delle rispettive tariffe. Nel frattempo in patria ha strappato alla Corte d Appello una proroga di due mesi, fino al 31 luglio, della sospensione del blocco dei dazi cosiddetti reciproci contro decine di Paesi e che erano stati bocciati come illegali in primo grado da uno speciale tribunale federale sul commercio. L'accordo è stato confermato da un intervento dello stesso presidente Usa sul social Truth, dove scrive: Il nostro accordo con la Cina è stato concluso, soggetto all approvazione definitiva del presidente Xi e di me. La Cina fornirà tutti i magneti e i minerali rari necessari. Allo stesso modo, forniremo alla Cina ciò che è stato concordato, compresi i visti agli studenti cinesi che utilizzano i nostri college e università (cosa che mi è sempre piaciuta!). Nell intesa raggiunta a Londra i dazi resteranno allo stesso livello di quanto stabilito nelle settimane scorse a Ginevra, quando gli Usa si sono impegnati a ridurre le tariffe sul made in China al 30% e la Cina al 10%. Approfondiamo il tema con Giuliano Noci, Professore ordinario in Ingegneria Economico-Gestionale, insegna Strategia & Marketing presso il Politecnico di Milano.Confcommercio, quest'anno al settore mancano 260mila lavoratoriNel 2025 i settori del commercio, della ristorazione e dell'alloggio non riusciranno a trovare circa 260mila lavoratori. È quanto stima l'Ufficio studi di Confcommercio, come presentato in occasione dell'assemblea dell'associazione, rilevando che il dato è in crescita rispetto al 2024 (+4%) e rappresenta una emergenza perché rischia di frenare la crescita economica dei settori considerati e del prodotto lordo dell intero sistema economico italiano. Tra le figure professionali più difficili da reperire in questi settori: commessi professionali, macellai, gastronomi, camerieri di sala, barman, cuochi/pizzaioli, gelatai, camerieri, addetti alla pulizia e al riassetto delle camere. Ne parliamo con Mariano Bella, direttore Ufficio studi Confcommercio.
99% of the fireworks set off in the US are made in China. The American Pyrotechnics Association are trying to arrange an exemption. ABC's Jim Ryan tells us more.
Today we explore the world of outsourced components. Be it watch parts, or even entire watches, what do we think about something that's “Made in China” (or even somewhere else)?Give us a follow, and feel free to reach out to us on Instagram: @lumeplottersOr… leave us an audio comment using the link below, and we may just play it in an upcoming episode: https://www.speakpipe.com/lumeplotters
Can our machine learn a million cigarettes in an hour so it can make images all yellow like Coldplay or would it give you AI Derangement Syndrome? 我们的机器能否在一小时内学习一百万支香烟,以便它可以像酷玩乐队一样将图像变成全黄色,还是会让你患上人工智能错乱综合症? Chapo is using materials from MadeInChina.com to open a private prison that doubles as homemade deadspin. Use promo code WFYM https://deshunyuan.en.made-in-china.com/product/FmCURxQlRYpg/China-Filtration-Reducer-for-Oil-Base-Mud-and-Drilling-Fluid.html https://www.patreon.com/c/ChapoFYM
President Trump's tariffs on Chinese imports have shaken up the global economic order, but why have so many brands turned to China to make their products in the first place, and how exactly do they do it? Evan Davis talks to three company bosses to find out what it's really like doing business in the Far East and whether it's still as cheap and easy as it used to be. And if high tariffs persist, or get higher, where else in the world could do China's job?Evan is joined by:Nick Grey, founder and CEO, Gtech; Kate Sbuttoni, founder, The Ginger Jar Lamp Co.; Jonathan Duck, CEO, Amtico InternationalProduction team:Producer: Simon Tulett Editor: Matt Willis Sound: Jonny Baker and Nigel Appleton Production co-ordinator: Katie Morrison
Less than 24 hours after a lower court ruling on Wednesday found that President Trump had illegally used an emergency powers law to enact global tariffs, a federal appeals court paused that decision and allowed the tariffs to continue – for now, that is. The legal topsy-turvy added a fresh round of uncertainty for business owners like Leslie Jordan, who started a company in Portland nearly 40 years ago which manufactures athletic apparel and accessories made in factories in China and Pakistan. In April, when President Trump enacted tariffs of 145% on goods made in China, Jordan had to pay nearly 200% in duties to get her products cleared through customs. She lost business as some orders got canceled and scrambled to move production to factories in countries like Egypt and Vietnam, which face lower tariff rates than China. She also started getting emails from companies that offered their services to help her avoid high tariffs through illegal schemes, such as misclassifying the imported goods or shipping them through a different country. Jordan recently shared her experiences with the New York Times in their investigation into the rise of trade fraud as a consequence of the tariffs. She joins us to share more details and how she thinks the federal government can more effectively crack down on tariff cheats.
LeuchtMasse Uhrenpodcast - Deutsche Version der LumePlotters
Send us a textEs scheint nicht aufzuhöhren, also gebe ich hier auch meinen Senf dazu.Nein, kein Teil einer Rolex Uhr ist in China hergestellt. Aber immer mehr andere Uhren Bestandteile sind es. Komplette Schweizer Uhren allerdings nicht.Ich pflücke das gewohnt chaotisch auseinander....Danke für Deine Zeit und für's Zuhören. Sendet mir eine Voicemail und wir hören uns im Podcast:https://www.speakpipe.com/opportunistischesdurcheinanderBitte folgt mir/uns auf instagram IG: @leuchtmasse_podcast oder schreibt mir: opportunistischesdurcheinander@gmail.com
China is planning a new version of its Made In China 2025 industrial strategy. Just as America is punching holes in its own science funding budget, we'll be reporting from the output gap. Meanwhile, the new US ambassador to Ankara has declared that he's against carving up Syria in a modern Sykes-Picot, the treaty that drew up the Middle East modern borders. Is this an important anti-colonial action or just a license for Erdogan to gobble up his own Ottoman empire?Finally, Harvard continues to come under shelling by the US government. Not content with disbarring international students, Trump said on Monday that he is considering taking $3 billion of previously awarded grant money and giving it to trade schools. Is this a case of frightening them to with an inch of their lives or is Trump genuinely guillotining the credentialed aristocracy that runs the United States? To hear the full episode (and the whole back catalogue of our special paywalled premium episodes of Multipolarity) go to Patreon: https://patreon.com/multipolarity
On today's show Andrew and Bill begin with reports that next year's five-year plan will double down on the Made in China 2025 strategy. Topics include: The legacy and successes of Made in China 2025, ferocious domestic competition in industries like electric vehicles, and an aspect of self-reliance that continues to elude modern leadership. From there: A report that the EU is ready to work with the US on China policies of its own, why the EU and PRC have struggled to form an alliance, and why the detente between the US and China is looking increasingly fragile. At the end: The MSS warns of espionage, Czechia accuses the MSS of hacking its Ministry of Foreign Affairs, and an emailer has questions about Xi and his political rivals.
En nuestro programa de hoy tendremos una invitada especial: Elina Villafañe de The Epoch Times.Halbaremos la realidad que no nos cuentan de China y cómo la persecución es brutal, a todo aquel que piense diferente al régimen del Partido Comunista Chino PCCH.Participa, déjanos tus preguntas o comentarios.Visita nuestro sitio web.Síguenos en TelegramComparte éste contenido con tus amigos y familiares.Recuerda que puedes opinar en nuestro tema del día en el siguiente WhatsApp con notas de voz o texto.
Bienvenue sur la Radio Circulab (ex Activer l'Economie Circulaire) Cette semaine, Brieuc reçoit Bénoni Paumier, un invité dont le projet est pour le moins surprenant, mais terriblement utile.Enregistré en plein cœur du Parc Floral de Vincennes, lors de la Reuse Economy Expo, cette nouvelle conversation explore un sujet rarement abordé dans l'économie circulaire : le reconditionnement des jouets intimes. Bénoni, ingénieur matériaux chimie de formation et aujourd'hui à la tête de Rejouis, nous plonge dans cette aventure, démarrée en 2023.Avec une très forte démocratisation de leur usage (51% des Françaises et Français ont déjà essayé un "sexual wellness product" en 2021, contre 10% en 2007), les sextoys posent un énorme problème environnemental. Ils sont majoritairement fabriqués en silicone (difficile à recycler) et contiennent beaucoup d'électronique, de batteries lithium-ion, de terres rares et de cuivre, rendant leur réparation quasiment impossible. Beaucoup finissent simplement jetés discrètement.Rejouis propose donc une solution concrète pour remettre ces jouets en utilisation, en créant une industrie du reconditionnement fiable et professionnelle. Le processus inclut un nettoyage et une désinfection rigoureux, basés sur des protocoles équivalents à ceux des sondes gynécologiques utilisées en milieu hospitalier. Cette approche rassure le public, y compris les professionnels du milieu médical qui sont particulièrement réceptifs.Au-delà de l'aspect environnemental (allonger la durée de vie des produits, ne pas alimenter la production de neuf made in China), Rejouis a un impact social important. En offrant des prix 30 à 50% moins chers que le neuf, le projet rend l'exploration intime accessible à un public plus large, y compris les personnes à revenus modestes. Il contribue également à lever les tabous autour de la sexualité, à promouvoir le bien-être intime, et même à aborder des sujets comme l'éducation au consentement ou la sexualité et le handicap.Les acteurs principaux de ce marché ont accueilli de manière très positive leur initiative (y compris des grandes entreprises comme Passage du Désir, partenaire de Rejouis), preuve qu'ils attendaient une telle solution face aux défis des déchets et du coût des produits. Vous découvrirez leurs projets à venir : développement de corners en boutiques partenaires, exploration de l'international, mais aussi innovation sur la revalorisation des matières (comme le silicone) et la réparabilité.Il est réellement possible d'appliquer les principes de l'économie circulaire dans un domaine inattendu, transformant un "déchet" en levier de discussion et de mieux-être sociétal.Pour aller plus loin : Baladez-vous sur notre site internet (tout neuf) ; Téléchargez nos outils sur la Circulab Academy ; Inscrivez-vous à notre newsletter ; Envoyez-nous vos retours ou suggestions sur Linkedin : Justine Laurent et Brieuc Saffré. Distribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
Joe Piscopo's guest host this morning is Raymond Arroyo, managing editor & host of "The World Over" on EWTN, host of the "Arroyo Grande" podcast, and a Fox News contributor 51:19- Shahar Azani, Former Israeli Diplomat and Former Spokesperson of the Israeli Consulate in New York Topic: "From campus protests to deadly violence: Israeli Embassy staff murdered in DC" (Fox News op ed) 1:03:03- Jason Pack, retired FBI Supervisory Special Agent, certified crisis negotiator, and expert crisis communications leader Topic: Latest on the New Orleans fugitives 1:28:53- Gordon Chang, Asia expert, columnist and author of "China is Going to War" Topic: China claiming the Golden Dome is "offensive," Xi mulling over a new "Made in China" plan, other China news 1:39:43- Cristo Foufas, Broadcaster and royal commentator based in London Topic: Liverpool Parade Crash 1:52:44- Lt. Col. Robert Maginnis, a retired U.S. Army officer and an experienced military analyst with on-the-ground experience inside Russia and Ukraine and the author of "Preparing for World War III" Topic: Russia targeting Ukraine with a massive wave of drones and missiles 2:08:06- Alan Dershowitz, Harvard Law Professor Emeritus, host of "The DerShow," and the author of "The Ten Big Anti-Israel Lies: And How to Refute Them with Truth" Topic: Judge temporarily pausing Trump's cancelation of the Harvard student visa policySee omnystudio.com/listener for privacy information.
John Petrides, portfolio manager at Tocqueville Asset Management, says that today's heightened volatility should have investors spreading their bets, "because the world is so unsettled right now that it's hard to have conviction to lean into one position, one asset class or one investment all on one side of the boat at one time." He says the market has ridden out a storm but isn't settled, and investors will want to extend their international investments to get good values, but will want to capitalize on premiums currently available in bonds, will want to diversify geopolitical risk with gold and will want to be selective on domestic stocks as they watch the tariff and economic situations play out. Plus journalist Sara Bongiorni, who wrote a book in 2007 called “A Year Without Made in China,” which chronicled her efforts to simply avoid goods made in China for 12 months, discusses how hard she thinks it will be for Americans to minimize the impact of tariff policies, noting that certain industries — from shoes to lamps to the materials needed to celebrate July 4 — are virtually impossible to buy from any place but China, and she notes that the efforts it takes to avoid Chinese goods also can be extreme, leaving consumers with no easy alternatives.
It's Monday, May 26th, A.D. 2025. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Adam McManus Armenian Christian details abuses in Iranian prison Hakop Gochumyan, an Armenian Christian arrested in Iran in 2023 for his Christian faith, recently sent a letter to Christian Solidarity Worldwide detailing abuses he's endured while imprisoned, reports International Christian Concern. In the letter, published on May 9, Gochumyan explained that Iranian authorities have “subjected [him] to psychological violence” and threatened to take his life and the lives of his family. Mervyn Thomas, president and founder of Christian Solidarity Worldwide, called for “Gochumiyan's immediate and unconditional release” and rallied the “international community … to hold Iranian authorities to account” for their human rights abuses. Gochumyan was detained just outside of Tehran, in Pardis, in August 2023 and sentenced to 10 years in prison in February 2024. His charges include “engaging in deviant proselytizing activity that contradicts the sacred law of Islam” by allegedly associating with “a network of evangelical Christianity.” The couple, along with their two children, were in Iran to visit family and, while attending a dinner at a friend's house, police arrived, and arrested them. Allegedly, Gochumyan possessed copies of Farsi-language New Testaments, which are banned in Iran, and had attended several churches during his visit. Spreading the Gospel of Christ to non-Christians is illegal in Iran. Additionally, possessing Bibles written in Farsi, the nation's official language, isn't allowed as it could draw a non-Christian to Jesus. Christian conversion is something the Iranian regime strongly discourages and attempts to dissuade, often through psychological manipulation, overt intimidation, physical abuse, and imprisonment. However, the light of Christ continues to shine in the region and cannot be extinguished. In John 8:12, Jesus said, “I am the light of the world. Whoever follows Me will not walk in darkness, but will have the light of life.” Trump vows a 25% tariff on iPhones if made in China or India President Donald Trump vowed to enact “at least” a 25% tariff on iPhones that are not manufactured and built in the United States — in a sharp warning to Apple CEO Tim Cook, reports One America News. Apple currently manufactures the majority of its iPhones in China, and does not have a domestic smartphone production supply chain. Apple announced a move to India in an effort to “diversify its supply chain and reduce reliance on China.” But Trump wants the iPhones built here in America. Judge overturns Biden rule forcing employers to allow time off for abortions A federal judge in Louisiana has struck down regulations that would have forced most U.S. employers to provide pregnant workers with time off to kill their babies by abortion, reports LifeNews.com. Issued Wednesday by U.S. District Judge David Joseph, the ruling invalidated a provision of the Equal Employment Opportunity Commission's regulations under the Pregnant Workers Fairness Act, which had been pushed during the Biden administration. Initially, the Pregnant Workers Fairness Act, which passed with bipartisan support in December 2022, was designed to ensure that employers, with 15 or more employees, provide reasonable accommodations for pregnant workers, such as time off for medical appointments or relief from heavy lifting. However, the Biden administration, to its shame, twisted the initial intent of the law to classify abortion as a “related medical condition” to pregnancy and childbirth. That forced pro-life employers to facilitate the termination of unborn lives against their moral and religious convictions. Alaskan volcano could blow Located 80 miles from Anchorage, Alaska, Mount Spurr is about to blow, reports the Alaska Volcano Observatory. The last time it blew was 1992. If you're picturing massive lava flows, think again, explains Canadian Broadcasting Corporation. The biggest threat will actually be the ash which could reach as high as 50,000 feet into the sky, according to DailyGalaxy.com. Volcanic ash could blanket Anchorage. If the eruption happens during daylight, the ash cloud could block out the sun for hours, plunging the area into total darkness. Ash is dangerous to breathe. It damages cars and machinery and can disrupt daily life. And then there's air travel. Ash could rise high into the atmosphere, and the tiny glass-like particles, can reharden inside jet engines, posing a serious threat. Since Alaska's airspace is a major route for Trans Pacific flights, this eruption could affect a lot more people than just those in Anchorage, including flights from Toronto to Seoul or Hong Kong to Memphis. Psalm 95:4-5 reminds us that God, Who created Mount Spurr, is in control. “In His hand are the depths of the Earth, and the mountain peaks belong to Him. The sea is His, for He made it, and His hands formed the dry land.” Tapper confessed: Conservative media was right about Biden's decline And finally, in an intriguing interview with Megyn Kelly, CNN's Jake Tapper confessed that “conservative media was right” about Biden's dramatic mental decline. Tapper's new book is entitled, Original Sin: President Biden's Decline, Its Cover-Up, and His Disastrous Choice to Run Again. Listen. KELLY: “Leading up to the debate which you anchored, that June 27 debate, 2024 there was a ton of news leading into that debate in that month. We looked back at your coverage and found that you ignored the freeze up that he had at the Juneteenth Celebration. You ignored what happened at the G7 when he, [Biden], wandered off and Giorgia Meloni, Prime Minister of Italy, had to go find him." TAPPER: “Megyn,” KELLY: “You ignored the freeze up at the George Clooney L.A. fundraiser. You didn't cover it. You only covered it after the debate, after George Clooney wrote his op-ed. Your network at every turn was telling us those were, ‘cheap fakes.' And you're not combating that narrative. CNN was actively misleading us on what our very eyes were showing us. That's the truth. That's the record.” TAPPER: “I will acknowledge that after I was named co-moderator of the [presidential] debate, I tried to make sure that my coverage was fairly vanilla, both about Trump and about Biden, because I just wanted to get to the debate. I remember that moment, the glitch at the immigration event, and not getting much attention outside of conservative media at all. “Alex and I are here to say the conservative media was right and conservative media was correct. There should be a lot of soul searching, not just among me, but among the legacy media to begin with, all of us, for how this was covered or not covered sufficiently. 100%. I mean, I'm not here to defend coverage that I've already acknowledged I wish I could do differently.” Prior to the release of this book, CNN's Jake Tapper, in his refusal to tell the truth about Biden's mental decline, did not heed the commandment found in Exodus 20:16. It says, “You shall not bear false witness.” Close And that's The Worldview on this Monday, May 26th, in the year of our Lord 2025. Subscribe for free by Spotify, Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Alors que le sommet de l'Asean s'est ouvert, ce lundi 26 mai, à Kuala Lumpur, les dix pays membres du bloc régional doivent faire face à des défis de taille. Pris en étau entre les menaces tarifaires des États-Unis et l'offensive diplomatique de la Chine, les pays d'Asie du Sud-Est cherchent à préserver leur modèle économique et leur neutralité stratégique. Décryptage. La question brûlante au cœur du sommet de Kuala Lumpur : les mesures commerciales que Donald Trump menace d'appliquer contre certains pays de l'Asean. Pour l'heure, ces hausses de tarifs douaniers sont suspendues, mais les avertissements sont clairs. Le Cambodge et le Vietnam sont notamment dans la ligne de mire, avec des menaces de droits de douane respectivement de 49% et 46%. Ces pressions ne sont pas sans conséquences : les économies de la région reposent fortement sur les exportations. Les États-Unis représentent à eux seuls 30% des ventes à l'étranger du Vietnam. Si les tarifs entraient en vigueur, ce seraient des millions d'emplois en péril. Des entreprises comme Nike, qui y fabrique la moitié de ses chaussures avec 500 000 salariés, ou Apple, qui emploie 200 000 Vietnamiens via des sous-traitants, seraient directement touchées.L'Asean entre consensus régional et nécessité de dialogueFace à cette incertitude, les pays de l'Asean misent sur leur principale force, le consensus. Pour éviter les sanctions, plusieurs membres ont engagé des discussions avec les États-Unis, aussi bien collectivement qu'au cas par cas. Car pour ces États, couper les liens avec Washington est tout simplement impossible. L'objectif est clair, maintenir un équilibre dans leurs relations internationales. Le modèle de développement de la région, qui a profité du retrait de nombreuses entreprises américaines de Chine sous le premier mandat de Donald Trump, pourrait être profondément remis en cause. D'où l'importance stratégique de ce sommet pour définir une position commune.À lire aussiLa Chine, grande gagnante des mesures de Donald Trump?La Chine avance ses pions et renforce ses liensPendant que Washington brandit la menace des sanctions, Pékin joue la carte de la séduction. Xi Jinping a récemment effectué des visites au Vietnam, en Malaisie et au Cambodge. Il propose à l'Asean un partenariat renforcé, notamment par des investissements dans les infrastructures, avec l'idée de créer un grand bloc asiatique capable de faire contrepoids aux États-Unis. L'Indonésie et la Chine viennent d'ailleurs de réaffirmer leur volonté de renforcer leurs relations bilatérales. Et les chiffres le prouvent. En avril, les exportations chinoises vers les pays de l'Asean ont bondi de 21%, compensant la baisse des échanges avec les États-Unis. Mais un sujet cristallise les tensions : le transbordement. Il s'agit pour Pékin de faire passer des produits par l'Asie du Sud-Est pour éviter les taxes américaines, sans qu'ils soient identifiés comme « made in China ». Une stratégie que Washington entend surveiller de près. Dans ce contexte tendu, l'Asean doit une nouvelle fois faire preuve de diplomatie et d'agilité. Son histoire le montre, elle excelle dans l'art du compromis. Le sommet de Kuala Lumpur en est une nouvelle démonstration.À lire aussiPourquoi l'essor des exportations chinoises est une mauvaise nouvelle pour Pékin
Global markets are buoyed by renewed trade optimism, with Washington softening its stance on tariffs and US futures surging in response. In Canada, the stock market hit a record high, while EU automakers rebounded after President Trump delayed tariffs on European imports. Meanwhile, Chinese President Xi Jinping is reportedly considering a revamped "Made in China" strategy. In commodities, oil prices held steady as markets await the next move from OPEC+, and London metals advanced following the US tariff reprieve. However, iron ore prices slipped amid ongoing concerns about China’s struggling property sector. Closer to home, the ASX is set to edge higher on Tuesday, lifted by hopes of a trade deal, while the Australian dollar inches toward the 65-cent mark. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Chinese e-mobility technology is poised to transform large swathes of Africa's transportation ecosystem in the coming decade, but in very different ways than in other regions where EVs are the primary focus. Bicylces, scooters, tricyles, tractors, cars, minibuses, and full-sized coaches, all made in China, are becoming increasingly popular in dozens of African countries. This week, Eric & Cobus are thrilled to introduce CGSP's newest podcast The Africa EV Show with Njenga Hakeenah, which highlights the latest trends in this dynamic sector. Njenga, who is also CGSP's Nairobi-based climate editor, reveals which countries are moving fastest to incorporate e-mobility in their transportation mix and what the major obstacles to e-mobility adoption on the continent are. Subscribe to The Africa EV Show: Spotify Apple Podcasts YouTube Show Notes: The China-Global South Project: Leasing, Swapping, Surviving: Kenya's Startups Hack the EV Tax Trap by Njenga Hakeenah The China-Global South Project: Small Chinese EV on Lease Promises Big Savings For Kenya's Taxi Drivers by Njenga Hakeenah The China-Global South Project: Ethiopia's Middle Class Ditching Gasoline Vehicles for Electrics With Chinese EVs Dominating Race by Sarah Assefe JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander | @stadenesque | @hakeenah Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH AND ARABIC: Français: www.projetafriquechine.com | @AfrikChine Arabic: عربي: www.alsin-alsharqalawsat.com | @SinSharqAwsat JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth
„China in 25“ – in maximal 25 Minuten sprechen Mikko Huotari, Bernhard Bartsch und Claudia Wessling über aktuelle Entwicklungen in China. In dieser Folge geht es um eine neue Eskalation zwischen den USA und China im Bereich Hochleistungschips und Künstliche Intelligenz, um Chinas Sicherheits- und Rüstungspolitik sowie um Chinas erstmals seit Jahren wieder gestiegene Investitionen in Europa. Die Diskussion dreht sich um eine zentrale Beobachtung: Ob Technologie-, Sicherheits- oder Investitionspolitik, die strategischen Grundlagen für aktuelle Entwicklungen wurden von Beijing mit langem Atem vor mehr als einem Jahrzehnt angelegt, in Initiativen wie „Made in China 2025“ oder der „Neuen Seidenstraße“, in Xi Jinpings kontinuierlicher Ausweitung des Sicherheitsbegriffs sowie gezielten Investitionen in Chinas militärische Fähigkeiten. Mehr über die Themen in dieser Ausgabe erfahren Sie hier:Studie von MERICS und Rhodium Group: Chinese investment rebounds despite growing frictions - Chinese FDI in Europe: 2024 UpdateMERICS China Essentials: Weißbuch zur Nationalen Sicherheit + China und Lateinamerika + US-China-Beziehungen
Charles gives the listener a history lesson about how China commoditized opium in the 19th century. Today, they're peddling new goods to the American people: cheap stuff made in China. Federalist elections correspondent Brianna Lyman and journalist Batya Ungar-Sargon join Charles to discuss how U.S. consumer spending has spun out of control over the past decades, Americans' worries about credit card debts, and how tariffs seek to reign in this skyrocketing spending. Learn more about your ad choices. Visit podcastchoices.com/adchoices
It is so tempting. The gas pump clicks off indicating that your tank is full but there is that urge to squeeze out a few more drops. Should you? This episode begins by explaining what happens when you do that. https://cluballiance.aaa.com/the-extra-mile/advice/car/seo-should-you-really-top-off-your-gas-tank Apple is a huge company worth $3 trillion. It makes money from products (iPhone, computers, smart watch etc.) and services (App store, Apple Pay etc.). Most Apple products are made and assembled in China and the impact Apple has made in China is astonishing and a story you must hear. Here to tell it is Patrick McGee. He was the Financial Times's principal Apple reporter from 2019 to 2023. Previously, he was a reporter at The Wall Street Journal and is now the author of the book Apple In China: The Capture of the World's Greatest Company (https://amzn.to/4cXXwfC). We love to laugh. We seek it out. We go to comedy clubs and watch funny movies in order to laugh. Why do we do that? What is it about laughter that makes us feel so good? What makes something or someone funny? Joining me for an interesting discussion about this is Jesse David Fox, Senior Editor and comedy critic at Vulture. He also hosts a podcast called Good One (https://www.vulture.com/good-one) and he is author of the book, Comedy Book: How Comedy Conquered Culture―and the Magic That Makes It Work (https://amzn.to/4iIRnW5). All cancer is scary but pancreatic is particularly horrible because it often goes undetected until it is too late – and because no one really knows what causes it. Interestingly, there does seem to be a link between pancreatic cancer and sunlight. Listen as I explain. https://www.sciencedaily.com/releases/2015/04/150430082151.htm PLEASE SUPPORT OUR SPONSORS!!! CARAWAY: Get 10% off your next purchase, at https://Carawayhome.com/SYSK or use code SYSK at checkout. Caraway. Non-Toxic cookware made modern. MINT MOBILE: Ditch overpriced wireless and get 3 months of premium wireless service from Mint Mobile for 15 bucks a month at https://MintMobile.com/something ! FACTOR: Eat smart with Factor! Get 50% off at https://FactorMeals.com/something50off TIMELINE: Get 10% off your order of Mitopure! Go to https://Timeline.com/SOMETHING INDEED: Get a $75 sponsored job credit to get your jobs more visibility at https://Indeed.com/SOMETHING right now! QUINCE: Elevate your shopping with Quince! Go to https://Quince.com/sysk for free shipping on your order and 365 day returns! Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to China Compass on the Fight Laugh Feast Network! I'm your China travel guide, Missionary Ben, coming to you today (tomorrow?) from Hong Kong, my old stomping grounds! I begin by talking about how Hong Kong has changed (or not) over the last 20 or so years, and look at a couple of recent news articles that deal with the changes (0:18). Next, I go into more detail about the Hong Kong changeover in 1997 (23:46). Then, I talk about China’s tariff situation and laughable propaganda attempt (35:30), before finishing with a moving missionary martyr story and our weekly Pray for China segment (47:35). “I've reported dozens to the police”, says Hong Kong Pro-China Informer https://www.bbc.com/news/articles/c87p97w72exo How Hong Kong Came Under ‘One Country, Two Systems’ Rule https://www.history.com/articles/hong-kong-china-great-britain Unbeaten: My Arrest, Interrogation, and Deportation from China Unbeaten.vip (Please read and review!) China In No Rush to Seek Deal With US (Or Admit Trade-War Pain) https://www.marketwatch.com/story/why-china-is-in-no-rush-to-seek-u-s-trade-deal-0fab0eb2 https://www.wsj.com/world/china/beijing-doesnt-want-america-to-see-its-trade-war-pain-1981ede8 ‘High Tariffs Must Stop’: US Consumers Hurt by Duties on ‘Made in China’ Products https://www.globaltimes.cn/page/202505/1333315.shtml China's Foreign Ministry Releases “Never Kneel Down!" in Response to ‘Reckless’ Tariffs https://www.globaltimes.cn/page/202504/1333124.shtml Missionary Couple (The Stams) Murdered By Communists While Kneeling in the Dust https://pubtv.flfnetwork.com/tabs/the-pub/podcasts/30293/episodes/31 https://www.asiaharvest.org/china-resources/anhui/1934-john-betty-stam https://www.amazon.com/Life-Death-Legacy-John-Betty/dp/080243276X/ Pray for China: May 10-16, 2025 https://open.substack.com/pub/chinacall/p/pray-for-china-may-10-16-2025 If you enjoy this podcast, follow/subscribe and leave a review on your favorite platform. Follow me on X (@chinaadventures) for daily reminders to pray for China (PrayforChina.us). X/Twitter is also the best way to get in touch. Just tweet at me or send a DM. Also check out everything else we’re involved in, including all my books, @ PrayGiveGo.us. Luke 10, Verse 2!
Go to DrinkAG1.com/adv to try the Next Gen of AG1 -- you'll also get a FREE bottle of AG D3K2, an AG1 Welcome Kit, AND 5 of the upgraded AG1 travel packs with your first order!Factories burn (on purpose) as China reels from tariff pain. Support the show here and see the Monday Exclusive show Xiaban Hou! - https://www.patreon.com/advpodcastsCartoon feat. Jüri Pootsmann - I Remember Uhttps://soundcloud.com/nocopyrightsoundsTrack : Cartoon feat. Jüri Pootsmann - I Remember USome sources -https://www.lloydslist.com/LL1153402/Maersk-sees-3040-drop-in-ChinaUS-trade-and-race-for-inventorieshttps://www.dw.com/en/xi-jinping-china-russia-trump-tariffs-trade-economy-oil/a-72460014https://stanfordreview.org/investigation-uncovering-chinese-academic-espionage-at-stanford/https://www.news.com.au/world/asia/china-slams-cia-recruitment-ads-as-naked-political-provocation/news-story/8c9c450a7b6ecb014e6c57d840b5a63dhttps://rhg.com/research/was-made-in-china-2025-successful/https://economictimes.indiatimes.com/news/international/global-trends/china-sees-surge-in-worker-protests-over-unpaid-wages-factory-closures-and-us-tariffs/articleshow/120796368.cms?from=mdrSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Welcome to China Compass on the Fight Laugh Feast Network! I'm your China travel guide, Missionary Ben, coming to you today (tomorrow?) from Hong Kong, my old stomping grounds! I begin by talking about how Hong Kong has changed (or not) over the last 20 or so years, and look at a couple of recent news articles that deal with the changes (0:18). Next, I go into more detail about the Hong Kong changeover in 1997 (23:46). Then, I talk about China’s tariff situation and laughable propaganda attempt (35:30), before finishing with a moving missionary martyr story and our weekly Pray for China segment (47:35). “I've reported dozens to the police”, says Hong Kong Pro-China Informer https://www.bbc.com/news/articles/c87p97w72exo How Hong Kong Came Under ‘One Country, Two Systems’ Rule https://www.history.com/articles/hong-kong-china-great-britain Unbeaten: My Arrest, Interrogation, and Deportation from China Unbeaten.vip (Please read and review!) China In No Rush to Seek Deal With US (Or Admit Trade-War Pain) https://www.marketwatch.com/story/why-china-is-in-no-rush-to-seek-u-s-trade-deal-0fab0eb2 https://www.wsj.com/world/china/beijing-doesnt-want-america-to-see-its-trade-war-pain-1981ede8 ‘High Tariffs Must Stop’: US Consumers Hurt by Duties on ‘Made in China’ Products https://www.globaltimes.cn/page/202505/1333315.shtml China's Foreign Ministry Releases “Never Kneel Down!" in Response to ‘Reckless’ Tariffs https://www.globaltimes.cn/page/202504/1333124.shtml Missionary Couple (The Stams) Murdered By Communists While Kneeling in the Dust https://pubtv.flfnetwork.com/tabs/the-pub/podcasts/30293/episodes/31 https://www.asiaharvest.org/china-resources/anhui/1934-john-betty-stam https://www.amazon.com/Life-Death-Legacy-John-Betty/dp/080243276X/ Pray for China: May 10-16, 2025 https://open.substack.com/pub/chinacall/p/pray-for-china-may-10-16-2025 If you enjoy this podcast, follow/subscribe and leave a review on your favorite platform. Follow me on X (@chinaadventures) for daily reminders to pray for China (PrayforChina.us). X/Twitter is also the best way to get in touch. Just tweet at me or send a DM. Also check out everything else we’re involved in, including all my books, @ PrayGiveGo.us. Luke 10, Verse 2!
Virtually every product brought into the United States must have a so-called "country of origin." Think of it as the official place it comes from. And this is the country that counts for calculating tariffs.But what does it really mean when something is a "Product of China"? How much of it actually comes from China? And how do customs officials draw the line?Here in the U.S., the rules are delightfully counterintuitive. A product's country of origin is not necessarily where that product got on the container ship to come here. It's not necessarily where most of its ingredients are from or even where most of the manufacturing happened.Our system is much stranger. The answers can be surprisingly philosophical — and at times, even poetic.This episode of Planet Money was produced by James Sneed with help from Sylvie Douglis. It was edited by Jess Jiang, fact-checked by Sierra Juarez, and engineered by Kwesi Lee. Alex Goldmark is our executive producer.Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Much has been made of the hallucinatory qualities of OpenAI's ChatGPT product. But as the Wall Street Journal's resident authority on OpenAI, Keach Hagey notes, perhaps the most hallucinatory feature the $300 billion start-up co-founded by the deadly duo of Sam Altman and Elon Musk is its attempt to be simultaneously a for-profit and non-profit company. As Hagey notes, the double life of this double company reached a surreal climax this week when Altman announced that OpenAI was abandoning its promised for-profit conversion. So what, I asked Hagey, are the implications of this corporate volte-face for investors who have poured billions of real dollars into the non-profit in order to make a profit? Will they be Waiting For Godot to get their returns?As Hagey - whose excellent biography of Altman, The Optimist, is out in a couple of weeks - explains, this might be the story of the hubristic 2020's. She speaks of Altman's astonishingly (even for Silicon Valley) hubris in believing that he can get away with the alchemic conceit of inventing a multi trillion dollar for-profit non-profit company. Yes, you can be half-pregnant, Sam is promising us. But, as she warns, at some point this will be exposed as fantasy. The consequences might not exactly be another Enron or FTX, but it will have ramifications way beyond beyond Silicon Valley. What will happen, for example, if future investors aren't convinced by Altman's fantasy and OpenAI runs out of cash? Hagey suggests that the OpenAI story may ultimately become a political drama in which a MAGA President will be forced to bail out America's leading AI company. It's TikTok in reverse (imagine if Chinese investors try to acquire OpenAI). Rather than the conveniently devilish Elon Musk, my sense is that Sam Altman is auditioning to become the real Jay Gatsby of our roaring twenties. Last month, Keach Hagey told me that Altman's superpower is as a salesman. He can sell anything to anyone, she says. But selling a non-profit to for-profit venture capitalists might even be a bridge too far for Silicon Valley's most hallucinatory optimist. Five Key Takeaways * OpenAI has abandoned plans to convert from a nonprofit to a for-profit structure, with pressure coming from multiple sources including attorneys general of California and Delaware, and possibly influenced by Elon Musk's opposition.* This decision will likely make it more difficult for OpenAI to raise money, as investors typically want control over their investments. Despite this, Sam Altman claims SoftBank will still provide the second $30 billion chunk of funding that was previously contingent on the for-profit conversion.* The nonprofit structure creates inherent tensions within OpenAI's business model. As Hagey notes, "those contradictions are still there" after nearly destroying the company once before during Altman's brief firing.* OpenAI's leadership is trying to position this as a positive change, with plans to capitalize the nonprofit and launch new programs and initiatives. However, Hagey notes this is similar to what Altman did at Y Combinator, which eventually led to tensions there.* The decision is beneficial for competitors like XAI, Anthropic, and others with normal for-profit structures. Hagey suggests the most optimistic outcome would be OpenAI finding a way to IPO before "completely imploding," though how a nonprofit-controlled entity would do this remains unclear.Keach Hagey is a reporter at The Wall Street Journal's Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her stories often explore the relationships between tech platforms like Facebook and Google and the media. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of “The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire,” published by HarperCollins. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Full TranscriptAndrew Keen: Hello, everybody. It is May the 6th, a Tuesday, 2025. And the tech media is dominated today by OpenAI's plan to convert its for-profit business to a non-profit side. That's how the Financial Times is reporting it. New York Times says that OpenAI, and I'm quoting them, backtracks on plans to drop nonprofit control and the Wall Street Journal, always very authoritative on the tech front, leads with Open AI abandons planned for profit conversion. The Wall Street Journal piece is written by Keach Hagey, who is perhaps America's leading authority on OpenAI. She was on the show a couple of months ago talking about Sam Altman's superpower which is as a salesman. Keach is also the author of an upcoming book. It's out in a couple weeks, "The Optimist: Sam Altman, OpenAI and the Race to Invent the Future." And I'm thrilled that Keach has been remarkably busy today, as you can imagine, found a few minutes to come onto the show. So, Keach, what is Sam selling here? You say he's a salesman. He's always selling something or other. What's the sell here?Keach Hagey: Well, the sell here is that this is not a big deal, right? The sell is that, this thing they've been trying to do for about a year, which is to make their company less weird, it's not gonna work. And as he was talking to the press yesterday, he was trying to suggest that they're still gonna be able to fundraise, that these folks that they promised that if you give us money, we're gonna convert to a for-profit and it's gonna be much more normal investment for you, but they're gonna get that money, which is you know, a pretty tough thing. So that's really, that's what he's selling is that this is not disruptive to the future of OpenAI.Andrew Keen: For people who are just listening, I'm looking at Keach's face, and I'm sensing that she's doing everything she can not to burst out laughing. Is that fair, Keach?Keach Hagey: Well, it'll remain to be seen, but I do think it will make it a lot harder for them to raise money. I mean, even Sam himself said as much during the talk yesterday that, you know, investors would like to be able to have some say over what happens to their money. And if you're controlled by a nonprofit organization, that's really tough. And what they were trying to do was convert to a new world where investors would have a seat at the table, because as we all remember, when Sam got briefly fired almost two years ago. The investors just helplessly sat on the sidelines and didn't have any say in the matter. Microsoft had absolutely no role to play other than kind of cajoling and offering him a job on the sidelines. So if you're gonna try to raise money, you really need to be able to promise some kind of control and that's become a lot harder.Andrew Keen: And the ramifications more broadly on this announcement will extend to Microsoft and Microsoft stock. I think their stock is down today. We'll come to that in a few minutes. Keach, there was an interesting piece in the week, this week on AI hallucinations are getting worse. Of course, OpenAI is the dominant AI company with their ChatGPT. But is this also kind of hallucination? What exactly is going on here? I have to admit, and I always thought, you know, I certainly know more about tech than I do about other subjects, which isn't always saying very much. But I mean, either you're a nonprofit or you're a for-profit, is there some sort of hallucinogenic process going on where Sam is trying to sell us on the idea that OpenAI is simultaneously a for profit and a nonprofit company?Keach Hagey: Well, that's kind of what it is right now. That's what it had sort of been since 2019 or when it spun up this strange structure where it had a for-profit underneath a nonprofit. And what we saw in the firing is that that doesn't hold. There's gonna come a moment when those two worlds are going to collide and it nearly destroyed the company. To be challenging going forward is that that basic destabilization that like unstable structure remains even though now everything is so much bigger there's so much more money coursing through and it's so important for the economy. It's a dangerous position.Andrew Keen: It's not so dangerous, you seem still faintly amused. I have to admit, I'm more than faintly amused, it's not too bothersome for us because we don't have any money in OpenAI. But for SoftBank and the other participants in the recent $40 billion round of investment in OpenAI, this must be, to say the least, rather disconcerting.Keach Hagey: That was one of the biggest surprises from the press conference yesterday. Sam Altman was asked point blank, is SoftBank still going to give you this sort of second chunk, this $30 billion second chunk that was contingent upon being able to convert to a for-profit, and he said, quite simply, yes. Who knows what goes on in behind the scenes? I think we're gonna find out probably a lot more about that. There are many unanswered questions, but it's not great, right? It's definitely not great for investors.Andrew Keen: Well, you have to guess at the very minimum, SoftBank would be demanding better terms. They're not just going to do the same thing. I mean, it suddenly it suddenly gives them an additional ace in their hand in terms of negotiation. I mean this is not some sort of little startup. This is 30 or 40 billion dollars. I mean it's astonishing number. And presumably the non-public conversations are very interesting. I'm sure, Keach, you would like to know what's being said.Keach Hagey: Don't know yet, but I think your analysis is pretty smart on this matter.Andrew Keen: So if you had to guess, Sam is the consummate salesman. What did he tell SoftBank before April to close the round? And what is he telling them now? I mean, how has the message changed?Keach Hagey: One of the things that we see a little bit about this from the messaging that he gave to the world yesterday, which is this is going to be a simpler structure. It is going to be slightly more normal structure. They are changing the structure a little bit. So although the non-profit is going to remain in charge, the thing underneath it, the for-profit, is going change its structure a little bit and become kind of a little more normal. It's not going to have this capped profit thing where, you know, the investors are capped at 100 times what they put in. So parts of it are gonna become more normal. For employees, it's probably gonna be easier for them to get equity and things like that. So I'm sure that that's part of what he's selling, that this new structure is gonna be a little bit better, but it's not gonna be as good as what they were trying to do.Andrew Keen: Can Sam? I mean, clearly he has sold it. I mean as we joked earlier when we talked, Sam could sell ice to the Laplanders or sand to the Saudis. But these people know Sam. It's no secret that he's a remarkable salesman. That means that sometimes you have to think carefully about what he's saying. What's the impact on him? To what extent is this decision one more chip on the Altman brand?Keach Hagey: It's a setback for sure, and it's kind of a win for Elon Musk, his rival.Andrew Keen: Right.Keach Hagey: Elon has been suing him, Elon has been trying to block this very conversion. And in the end, it seems like it was actually the attorneys general of California and Delaware that really put the nail in the coffin here. So there's still a lot to find out about exactly how it all shook out. There were actually huge campaigns as well, like in the streets, billboards, posters. Polls saying, trying to put pressure on the attorney general to block this thing. So it was a broad coalition, I think, that opposed the conversion, and you can even see that a little bit in their speech. But you got to admit that Elon probably looked at this and was happy.Andrew Keen: And I'm sure Elon used his own X platform to promote his own agenda. Is this an example, Keach, in a weird kind of way of the plebiscitary politics now of Silicon Valley is that titans like Altman and Musk are fighting out complex corporate economic battles in the naked public of social media.Keach Hagey: Yes, in the naked public of social media, but what we're also seeing here is that it's sort of, it's become through the apparatus of government. So we're seeing, you know, Elon is in the Doge office and this conversion is really happening in the state AG's houses. So that's what's sort interesting to me is these like private fights have now expanded to fill both state and federal government.Andrew Keen: Last time we talked, I couldn't find the photo, but there was a wonderful photo of, I think it was Larry Ellison and Sam Altman in the Oval Office with Trump. And Ellison looked very excited. He looked extremely old as well. And Altman looked very awkward. And it's surprising to see Altman look awkward because generally he doesn't. Has Trump played a role in this or is he keeping out of it?Keach Hagey: As far as my current reporting right now, we have no reporting that Trump himself was directly involved. I can't go further than that right now.Andrew Keen: Meaning that you know something that you're not willing to ignore.Keach Hagey: Just I hope you keep your subscription to the Wall Street Journal on what role the White House played, I would say. But as far as that awkwardness, I don't know if you noticed that there was a box that day for Masa Yoshison to see.Andrew Keen: Oh yeah, and Son was in the office too, right, that was the third person.Keach Hagey: So it was a box in the podium, which I think contributed to the awkwardness of the day, because he's not a tall man.Andrew Keen: Right. To put it politely. The way that OpenAI spun it, in classic Sam Altman terms, is new funding to build towards AGI. So it's their Altman-esque use of the public to vindicate this new investment, is this just more quote unquote, and this is my word. You don't have to agree with it. Just sales pitch or might even be dishonesty here. I mean, the reality is, is new funding to build towards AGI, which is, artificial general intelligence. It's not new funding, to build toward AGI. It's new funding to build towards OpenAI, there's no public benefit of any of this, is there?Keach Hagey: Well, what they're saying is that the nonprofit will be capitalized and will sort of be hiring up and doing a bunch more things that it wasn't really doing. We'll have programs and initiatives and all of that. Which really, as someone who studied Sam's life, this sounds really a lot like what he did at Y Combinator. When he was head of Y Combinator, he also spun up a nonprofit arm, which is actually what OpenAI grew out of. So I think in Sam's mind, a nonprofit there's a place to go. Sort of hash out your ideas, it's a place to kind of have pet projects grow. That's where he did things like his UBI study. So I can sort of see that once the AGs are like, this is not gonna happen, he's like, great, we'll just make a big nonprofit and I'll get to do all these projects I've always wanted to do.Andrew Keen: Didn't he get thrown out of Y Combinator by Paul Graham for that?Keach Hagey: Yes, a little bit. You know, I would say there's a general mutiny for too much of that kind of stuff. Yeah, it's true. People didn't love it, and they thought that he took his eye off the ball. A little bit because one of those projects became OpenAI, and he became kind of obsessed with it and stopped paying attention. So look, maybe OpenAI will spawn the next thing, right? And he'll get distracted by that and move on.Andrew Keen: No coincidence, of course, that Sam went on to become a CEO of OpenAI. What does it mean for the broader AI ecosystem? I noted earlier you brought up Microsoft. I mean, I think you've already written on this and lots of other people have written about the fact that the relationship between OpenAI and Microsoft has cooled dramatically. As well as between Nadella and Altman. What does this mean for Microsoft? Is it a big deal?Keach Hagey: They have been hashing this out for months. So it is a big deal in that it will change the structure of their most important partner. But even before this, Microsoft and OpenAI were sort of locked in negotiations over how large and how Microsoft's stake in this new OpenAI will be valued. And that still has to be determined, regardless of whether it's a non-profit or a for-profit in charge. And their interests are diverging. So those negotiations are not as warm as they maybe would have been a few years ago.Andrew Keen: It's a form of polyamory, isn't it? Like we have in Silicon Valley, everyone has sex with everybody else, to put it politely.Keach Hagey: Well, OpenAI does have a new partner in Oracle. And I would expect them to have many more in terms of cloud computing partners going forward. It's just too much risk for any one company to build these huge and expensive data centers, not knowing that OpenAI is going to exist in a certain number of years. So they have to diversify.Andrew Keen: Keach, you know, this is amusing and entertaining and Altman is a remarkable individual, able to sell anything to anyone. But at what point are we really on the Titanic here? And there is such a thing as an iceberg, a real thing, whatever Donald Trump or other manufacturers of ontologies might suggest. At some point, this thing is going to end in a massive disaster.Keach Hagey: Are you talking about the Existence Force?Andrew Keen: I'm not talking about the Titanic, I'm talking about OpenAI. I mean, Parmi Olson, who's the other great authority on OpenAI, who won the FT Book of the Year last year, she's been on the show a couple of times, she wrote in Bloomberg that OpenAI can't have its money both ways, and that's what Sam is trying to do. My point is that we can all point out, excuse me, the contradictions and the hypocrisy and all the rest of it. But there are laws of gravity when it comes to economics. And at a certain point, this thing is going to crash, isn't it? I mean, what's the metaphor? Is it Enron? Is it Sam Bankman-Fried? What kind of examples in history do we need to look at to try and figure out what really is going on here?Keach Hagey: That's certainly one possibility, and there are a good number of people who believe that.Andrew Keen: Believe what, Enron or Sam Bankman-Fried?Keach Hagey: Oh, well, the internal tensions cannot hold, right? I don't know if fraud is even necessary so much as just, we've seen it, we've already seen it happen once, right, the company almost completely collapsed one time and those contradictions are still there.Andrew Keen: And when you say it happened, is that when Sam got pushed out or was that another or something else?Keach Hagey: No, no, that's it, because Sam almost got pushed out and then all of the funders would go away. So Sam needs to be there for them to continue raising money in the way that they have been raising money. And that's really going to be the question. How long can that go on? He's a young man, could go on a very long time. But yeah, I think that really will determine whether it's a disaster or not.Andrew Keen: But how long can it go on? I mean, how long could Sam have it both ways? Well, there's a dream. I mean maybe he can close this last round. I mean he's going to need to raise more than $40 billion. This is such a competitive space. Tens of billions of dollars are being invested almost on a monthly basis. So this is not the end of the road, this $40-billion investment.Keach Hagey: Oh, no. And you know, there's talk of IPO at some point, maybe not even that far away. I don't even let me wrap my mind around what it would be for like a nonprofit to have a controlling share at a public company.Andrew Keen: More hallucinations economically, Keach.Keach Hagey: But I mean, IPO is the exit for investors, right? That's the model, that is the Silicon Valley model. So it's going to have to come to that one way or another.Andrew Keen: But how does it work internally? I mean, for the guys, the sales guys, the people who are actually doing the business at OpenAI, they've been pretty successful this year. The numbers are astonishing. But how is this gonna impact if it's a nonprofit? How does this impact the process of selling, of building product, of all the other internal mechanics of this high-priced startup?Keach Hagey: I don't think it will affect it enormously in the short term. It's really just a question of can they continue to raise money for the enormous amount of compute that they need. So so far, he's been able to do that, right? And if that slows up in any way, they're going to be in trouble. Because as Sam has said many times, AI has to be cheap to be actually useful. So in order to, you know, for it to be widespread, for to flow like water, all of those things, it's got to be cheap and that's going to require massive investment in data centers.Andrew Keen: But how, I mean, ultimately people are putting money in so that they get the money back. This is not a nonprofit endeavor to put 40 billion from SoftBank. SoftBank is not in the nonprofit business. So they're gonna need their money back and the only way they generally, in my understanding, getting money back is by going public, especially with these numbers. How can a nonprofit go public?Keach Hagey: It's a great question. That's what I'm just phrasing. I mean, this is, you know, you talk to folks, this is what's like off in the misty distance for them. It's an, it's a fascinating question and one that we're gonna try to answer this week.Andrew Keen: But you look amused. I'm no financial genius. Everyone must be asking the same question.Keach Hagey: Well, the way that they've said it is that the for-profit will be, will have a, the non-profit will control the for profit and be the largest shareholder in it, but the rest of the shares could be held by public markets theoretically. That's a great question though.Andrew Keen: And lawyers all over the world must be wrapping their hands. I mean, in the very best case, it's gonna be lawsuits on this, people suing them up the wazoo.Keach Hagey: It's absolutely true. You should see my inbox right now. It's just like layers, layers, layer.Andrew Keen: Yeah, my wife. My wife is the head of litigation. I don't know if I should be saying this publicly anyway, I am. She's the head of Litigation at Google. And she lost some of her senior people and they all went over to AI. I'm big, I'm betting that they regret going over there can't be much fun being a lawyer at OpenAI.Keach Hagey: I don't know, I think it'd be great fun. I think you'd have like enormous challenges and have lots of billable hours.Andrew Keen: Unless, of course, they're personally being sued.Keach Hagey: Hopefully not. I mean, look, it is a strange and unprecedented situation.Andrew Keen: To what extent is this, if not Shakespearean, could have been written by some Greek dramatist? To what extend is this symbolic of all the hype and salesmanship and dishonesty of Silicon Valley? And in a sense, maybe this is a final scene or a penultimate scene in the Silicon Valley story of doing good for the world. And yet, of course, reaping obscene profit.Keach Hagey: I think it's a little bit about trying to have your cake and eat it too, right? Trying to have the aura of altruism, but also make something and make a lot of money. And what it seems like today is that if you started as a nonprofit, it's like a black hole. You can never get out. There's no way to get out, and that idea was just like maybe one step too clever when they set it up in the beginning, right. It seemed like too good to be true because it was. And it might end up really limiting the growth of the company.Andrew Keen: Is Sam completely in charge here? I mean, a number of the founders have left. Musk, of course, when you and I talked a couple of months ago, OpenAI came out of conversations between Musk and Sam. Is he doing this on his own? Does he have lieutenants, people who he can rely on?Keach Hagey: Yeah, I mean, he does. He has a number of folks that have been there, you know, a long time.Andrew Keen: Who are they? I mean, do we know their names?Keach Hagey: Oh, sure. Yeah. I mean, like Brad Lightcap and Jason Kwon and, you know, just they're they're Greg Brockman, of course, still there. So there are a core group of executives that have that have been there pretty much from the beginning, close to it, that he does trust. But if you're asking, like, is Sam really in control of this whole thing? I believe the answer is yes. Right. He is on the board of this nonprofit, and that nonprofit will choose the board of the for-profit. So as long as that's the case, he's in charge.Andrew Keen: How divided is OpenAI? I mean, one of the things that came out of the big crisis, what was it, 18 months ago when they tried to push him out, was it was clearly a profoundly divided company between those who believed in the nonprofit mission versus the for-profit mission. Are those divisions still as acute within the company itself? It must be growing. I don't know how many thousands of people work.Keach Hagey: It has grown very fast. It is not as acute in my experience. There was a time when it was really sort of a warring of tribes. And after the blip, as they call it, a lot of those more safety focused people, people that subscribe to effective altruism, left or were kind of pushed out. So Sam took over and kind of cleaned house.Andrew Keen: But then aren't those people also very concerned that it appears as if Sam's having his cake and eating it, having it both ways, talking about the company being a non-profit but behaving as if it is a for-profit?Keach Hagey: Oh, yeah, they're very concerned. In fact, a number of them have signed on to this open letter to the attorneys general that dropped, I don't know, a week and a half ago, something like that. You can see a number of former OpenAI employees, whistleblowers and others, saying this very thing, you know, that the AG should block this because it was supposed to be a charitable mission from the beginning. And no amount of fancy footwork is gonna make it okay to toss that overboard.Andrew Keen: And I mean, in the best possible case, can Sam, the one thing I think you and I talked about last time is Sam clearly does, he's not driven by money. There's something else. There's some other demonic force here. Could he theoretically reinvent the company so that it becomes a kind of AI overlord, a nonprofit AI overlord for our 21st century AI age?Keach Hagey: Wow, well I think he sometimes thinks of it as like an AI layer and you know, is this my overlord? Might be, you know.Andrew Keen: As long as it's not made in China, I hope it's made in India or maybe in Detroit or something.Keach Hagey: It's a very old one, so it's OK. But it's really my attention overlord, right? Yeah, so I don't know about the AI overlord part. Although it's interesting, Sam from the very beginning has wanted there to be a democratic process to control what decision, what kind of AI gets built and what are the guardrails for AGI. As long as he's there.Andrew Keen: As long as he's the one determining it, right?Keach Hagey: We talked about it a lot in the very beginning of the company when things were smaller and not so crazy. And what really strikes me is he doesn't really talk about that much anymore. But what we did just see is some advocacy organizations that kind of function in that exact way. They have voters all over the world and they all voted on, hey, we want you guys to go and try to that ended up having this like democratic structure for deciding the future of AI and used it to kind of block what he was trying to do.Andrew Keen: What are the implications for OpenAI's competitors? There's obviously Anthropic. Microsoft, we talked about a little bit, although it's a partner and a competitor simultaneously. And then of course there's Google. I assume this is all good news for the competition. And of course XAI.Keach Hagey: It is good news, especially for a company like XAI. I was just speaking to an XAI investor today who was crowing. Yeah, because those companies don't have this weird structure. Only OpenAI has this strange nonprofit structure. So if you are an investor who wants to have some exposure to AI, it might just not be worth the headache to deal with the uncertainty around the nonprofit, even though OpenAI is like the clear leader. It might be a better bet to invest in Anthropic or XAI or something else that has just a normal for-profit structure.Andrew Keen: Yeah. And it's hard to actually quote unquote out-Trump, Elon Musk on economic subterfuge. But Altman seems to have done that. I mean, Musk, what he folded X into XAI. It was a little bit of controversy, but he seems to got away with it. So there is a deep hostility between these two men, which I'm assuming is being compounded by this process.Keach Hagey: Absolutely. Again, this is a win for Elon. All these legal cases and Elon trying to buy OpenAI. I remember that bid a few months ago where he actually put a number on it. All that was about trying to block the for-profit conversion because he's trying to stop OpenAI and its tracks. He also claims they've abandoned their mission, but it's always important to note that it's coming from a competitor.Andrew Keen: Could that be a way out of this seeming box? Keach, a company like XAI or Microsoft or Google, or that probably wouldn't happen on the antitrust front, would buy OpenAI as maybe a nonprofit and then transform it into a for-profit company?Keach Hagey: Maybe you and Sam should get together and hash that out. That's the kind ofAndrew Keen: Well Sam, I'm available to be hired if you're watching. I'll probably charge less than your current consigliere. What's his name? Who's the consiglieri who's working with him on this?Keach Hagey: You mean Chris Lehane?Andrew Keen: Yes, Chris Lehane, the ego.Keach Hagey: Um,Andrew Keen: How's Lehane holding up in this? Do you think he's getting any sleep?Keach Hagey: Well, he's like a policy guy. I'm sure this has been challenging for everybody. But look, you are pointing to something that I think is real, which is there will probably be consolidation at some point down the line in AI.Andrew Keen: I mean, I know you're not an expert on the maybe sort of corporate legal stuff, but is it in theory possible to buy a nonprofit? I don't even know how you buy a non-profit and then turn it into a for-profit. I mean is that one way out of this, this cul-de-sac?Keach Hagey: I really don't know the answer to that question, to be honest with you. I can't think of another example of it happening. So I'm gonna go with no, but I don't now.Andrew Keen: There are no equivalents, sorry to interrupt, go on.Keach Hagey: No, so I was actually asking a little bit, are there precedents for this? And someone mentioned Blue Cross Blue Shield had gone from being a nonprofit to a for-profit successfully in the past.Andrew Keen: And we seem a little amused by that. I mean, anyone who uses US health care as a model, I think, might regret it. Your book, The Optimist, is out in a couple of weeks. When did you stop writing it?Keach Hagey: The end of December, end of last year, was pencils fully down.Andrew Keen: And I'm sure you told the publisher that that was far too long a window. Seven months on Silicon Valley is like seven centuries.Keach Hagey: It was actually a very, very tight timeline. They turned it around like incredibly fast. Usually it'sAndrew Keen: Remarkable, yeah, exactly. Publishing is such, such, they're such quick actors, aren't they?Keach Hagey: In this case, they actually were, so I'm grateful for that.Andrew Keen: Well, they always say that six months or seven months is fast, but it is actually possible to publish a book in probably a week or two, if you really choose to. But in all seriousness, back to this question, I mean, and I want everyone to read the book. It's a wonderful book and an important book. The best book on OpenAI out. What would you have written differently? Is there an extra chapter on this? I know you warned about a lot of this stuff in the book. So it must make you feel in some ways quite vindicated.Keach Hagey: I mean, you're asking if I'd had a longer deadline, what would I have liked to include? Well, if you're ready.Andrew Keen: Well, if you're writing it now with this news under your belt.Keach Hagey: Absolutely. So, I mean, the thing, two things, I guess, definitely this news about the for-profit conversion failing just shows the limits of Sam's power. So that's pretty interesting, because as the book was closing, we're not really sure what those limits are. And the other one is Trump. So Trump had happened, but we do not yet understand what Trump 2.0 really meant at the time that the book was closing. And at that point, it looked like Sam was in the cold, you know, he wasn't clear how he was going to get inside Trump's inner circle. And then lo and behold, he was there on day one of the Trump administration sharing a podium with him announcing that Stargate AI infrastructure investment. So I'm sad that that didn't make it into the book because it really just shows the kind of remarkable character he is.Andrew Keen: He's their Zelig, but then we all know what happened to Woody Allen in the end. In all seriousness, and it's hard to keep a straight face here, Keach, and you're trying although you're not doing a very good job, what's going to happen? I know it's an easy question to ask and a hard one to answer, but ultimately this thing has to end in catastrophe, doesn't it? I use the analogy of the Titanic. There are real icebergs out there.Keach Hagey: Look, there could be a data breach. I do think that.Andrew Keen: Well, there could be data breaches if it was a non-profit or for-profit, I mean, in terms of this whole issue of trying to have it both ways.Keach Hagey: Look, they might run out of money, right? I mean, that's one very real possibility. They might run outta money and have to be bought by someone, as you said. That is a totally real possibility right now.Andrew Keen: What would happen if they couldn't raise any more money. I mean, what was the last round, the $40 billion round? What was the overall valuation? About $350 billion.Keach Hagey: Yeah, mm-hmm.Andrew Keen: So let's say that they begin to, because they've got, what are their hard costs monthly burn rate? I mean, it's billions of just.Keach Hagey: Well, the issue is that they're spending more than they are making.Andrew Keen: Right, but you're right. So they, let's say in 18 months, they run out of runway. What would people be buying?Keach Hagey: Right, maybe some IP, some servers. And one of the big questions that is yet unanswered in AI is will it ever economically make sense, right? Right now we are all buying the possibility of in the future that the costs will eventually come down and it will kind of be useful, but that's still a promise. And it's possible that that won't ever happen. I mean, all these companies are this way, right. They are spending far, far more than they're making.Andrew Keen: And that's the best case scenario.Keach Hagey: Worst case scenario is the killer robots murder us all.Andrew Keen: No, what I meant in the best case scenario is that people are actually still without all the blow up. I mean, people are actual paying for AI. I mean on the one hand, the OpenAI product is, would you say it's successful, more or less successful than it was when you finished the book in December of last year?Keach Hagey: Oh, yes, much more successful. Vastly more users, and the product is vastly better. I mean, even in my experience, I don't know if you play with it every day.Andrew Keen: I use Anthropic.Keach Hagey: I use both Claude and ChatGPT, and I mean, they're both great. And I find them vastly more useful today than I did even when I was closing the book. So it's great. I don't know if it's really a great business that they're only charging me $20, right? That's great for me, but I don't think it's long term tenable.Andrew Keen: Well, Keach Hagey, your new book, The Optimist, your new old book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. I hope you're writing a sequel. Maybe you should make it The Pessimist.Keach Hagey: I think you might be the pessimist, Andrew.Andrew Keen: Well, you're just, you are as pessimistic as me. You just have a nice smile. I mean, in all reality, what's the most optimistic thing that can come out of this?Keach Hagey: The most optimistic is that this becomes a product that is actually useful, but doesn't vastly exacerbate inequality.Andrew Keen: No, I take the point on that, but in terms of this current story of this non-profit versus profit, what's the best case scenario?Keach Hagey: I guess the best case scenario is they find their way to an IPO before completely imploding.Andrew Keen: With the assumption that a non-profit can do an IPO.Keach Hagey: That they find the right lawyers from wherever they are and make it happen.Andrew Keen: Well, AI continues its hallucinations, and they're not in the product themselves. I think they're in their companies. One of the best, if not the best authority, our guide to all these hallucinations in a corporate level is Keach Hagey, her new book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. Essential reading for anyone who wants to understand Sam Altman as the consummate salesman. And I think one thing we can say for sure, Keach, is this is not the end of the story. Is that fair?Keach Hagey: Very fair. Not the end of the story. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
P.M. Edition for May 5. The Oracle of Omaha's move after a 60-year run will be a moment of reckoning for the company he built. WSJ deputy markets editor Justin Baer discusses how Berkshire Hathaway's new leadership will navigate that. Plus, a study out today shows that Beijing's “Made in China 2025” plan helped its homegrown companies close the technology gap with the West. We hear from the Journal's chief China correspondent Lingling Wei about the implications for American tariff negotiations with China. And the Trump administration plans to offer $1,000 payments for migrants illegally in the U.S. to leave the country. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Beijing's decade-old “Made in China” plan has narrowed the country's tech gap with the West, according to a U.S. study. Gas company Sunoco is set to acquire Canada's Parkland, which would create the biggest independent fuel distributor in the Americas. And Skechers is going private. Charlotte Gartenberg hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Weddings are pricey affairs in California — and they're about to get even more expensive. According to the National Bridal Retailers Association, about 90 percent of all wedding gowns sold in the U.S. are made in China. With 145% tariffs now being imposed on all Chinese goods coming into the U.S., that could mean big price increases for California bridal shop owners and brides-to-be. Reporter: Tina Caputo Congress is moving ahead with a plan to block California's electric vehicle mandate. Reporter: Guy Marzorati, KQED When Tulare Lake refilled two years ago in the middle of Kings County, two prisons narrowly avoided dangerous flooding. A new state audit now argues those prisons were not prepared for flooding or evacuation. Reporter: Kerry Klein, KVPR Learn more about your ad choices. Visit megaphone.fm/adchoices
As President Trump's tariffs take effect, many American consumers will have to wean themselves off cheap goods made in China. Former President Joe Biden's economic adviser Jared Bernstein joins us for more. And, as climate change makes heavy rainfall in London more frequent, Here & Now's Chris Bentley reports on the city's "super sewer" system, designed to keep sewage out of the Thames River. Then, Here & Now's James Mastromarino discusses three surprising video game hits: an unexpected remaster of "The Elder Scrolls IV: Oblivion," the French RPG "Clair Obscur: Expedition 33," and indie puzzle game "Blue Prince."Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Apple aims to source all US iPhones from India by as early as next year. Apple's rumored plans for its next Vision Pro device are starting to become clearer, with a chance of it being released by the end of this year. And the EU is hitting Meta and Apple with hefty fines. Apple aims to source all US iPhones from India in pivot away from China. 20th anniversary iPhone likely to be made in China due to 'extraordinarily complex' design. Apple begins breaking up its AI team with robotics, Siri changes. New Apple Vision 'Air' product could launch this year, per report. iOS 18.5 release date: Your iPhone's next update is coming soon. Oligo researchers detail AirBorne, a set of vulnerabilities in Apple's AirPlay SDK that could affect 10M+ third-party devices; Apple has patched its own devices. The European Union hits Apple and Meta with 700 million euros in fines. Sleeping with the Apple Watch. Picks of the Week: Jason's Pick: Kindle Paperwhite SIgnature Edition. Alex's Pick: Common Ground Andy's Pick: Free Comic Book Day! Hosts: Leo Laporte, Alex Lindsay, Andy Ihnatko, and Jason Snell Download or subscribe to MacBreak Weekly at https://twit.tv/shows/macbreak-weekly. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: 1password.com/macbreak storyblok.com/twittv-25
Apple aims to source all US iPhones from India by as early as next year. Apple's rumored plans for its next Vision Pro device are starting to become clearer, with a chance of it being released by the end of this year. And the EU is hitting Meta and Apple with hefty fines. Apple aims to source all US iPhones from India in pivot away from China. 20th anniversary iPhone likely to be made in China due to 'extraordinarily complex' design. Apple begins breaking up its AI team with robotics, Siri changes. New Apple Vision 'Air' product could launch this year, per report. iOS 18.5 release date: Your iPhone's next update is coming soon. Oligo researchers detail AirBorne, a set of vulnerabilities in Apple's AirPlay SDK that could affect 10M+ third-party devices; Apple has patched its own devices. The European Union hits Apple and Meta with 700 million euros in fines. Sleeping with the Apple Watch. Picks of the Week: Jason's Pick: Kindle Paperwhite SIgnature Edition. Alex's Pick: Common Ground Andy's Pick: Free Comic Book Day! Hosts: Leo Laporte, Alex Lindsay, Andy Ihnatko, and Jason Snell Download or subscribe to MacBreak Weekly at https://twit.tv/shows/macbreak-weekly. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: 1password.com/macbreak storyblok.com/twittv-25
Apple aims to source all US iPhones from India by as early as next year. Apple's rumored plans for its next Vision Pro device are starting to become clearer, with a chance of it being released by the end of this year. And the EU is hitting Meta and Apple with hefty fines. Apple aims to source all US iPhones from India in pivot away from China. 20th anniversary iPhone likely to be made in China due to 'extraordinarily complex' design. Apple begins breaking up its AI team with robotics, Siri changes. New Apple Vision 'Air' product could launch this year, per report. iOS 18.5 release date: Your iPhone's next update is coming soon. Oligo researchers detail AirBorne, a set of vulnerabilities in Apple's AirPlay SDK that could affect 10M+ third-party devices; Apple has patched its own devices. The European Union hits Apple and Meta with 700 million euros in fines. Sleeping with the Apple Watch. Picks of the Week: Jason's Pick: Kindle Paperwhite SIgnature Edition. Alex's Pick: Common Ground Andy's Pick: Free Comic Book Day! Hosts: Leo Laporte, Alex Lindsay, Andy Ihnatko, and Jason Snell Download or subscribe to MacBreak Weekly at https://twit.tv/shows/macbreak-weekly. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: 1password.com/macbreak storyblok.com/twittv-25
Apple aims to source all US iPhones from India by as early as next year. Apple's rumored plans for its next Vision Pro device are starting to become clearer, with a chance of it being released by the end of this year. And the EU is hitting Meta and Apple with hefty fines. Apple aims to source all US iPhones from India in pivot away from China. 20th anniversary iPhone likely to be made in China due to 'extraordinarily complex' design. Apple begins breaking up its AI team with robotics, Siri changes. New Apple Vision 'Air' product could launch this year, per report. iOS 18.5 release date: Your iPhone's next update is coming soon. Oligo researchers detail AirBorne, a set of vulnerabilities in Apple's AirPlay SDK that could affect 10M+ third-party devices; Apple has patched its own devices. The European Union hits Apple and Meta with 700 million euros in fines. Sleeping with the Apple Watch. Picks of the Week: Jason's Pick: Kindle Paperwhite SIgnature Edition. Alex's Pick: Common Ground Andy's Pick: Free Comic Book Day! Hosts: Leo Laporte, Alex Lindsay, Andy Ihnatko, and Jason Snell Download or subscribe to MacBreak Weekly at https://twit.tv/shows/macbreak-weekly. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: 1password.com/macbreak storyblok.com/twittv-25
Warrning ther is some rough langues in this part as Rob and I vent about how the current us tarriffs are messing with buying acion figures (made in china)we also compare the young current nerd audience to rob and I as middle aged nerds, and how some of today's audience wants to see their identies of gender and sexuality in today's stories.he and i feel that when sci-fi deals with humans intermingling with different aliens and non humanoid lifeforms, will pronouns still be an issue here on earth, hundreds of years from now?we hope not. consider inter species relationships as portrayed in things like start trek, like the trill and spock's parentsBut we're also talking about fun things too like insider Trek and TNG stoires, Rob and Max Collins excellent detective audio drama True Noir starring Michael Rosenbaum
2:30 FSU Shooting HorrorBypassing Florida's strict campus gun laws, this Sheriff's Youth Program member's rampage exposes the chilling vulnerability of defenseless students. 6:49 Israel's Starvation Siege Kills Thousands of Children While Media Ignores Atrocities In a horrifying act of deliberate cruelty, Israel's six-week food blockade has plunged Gaza into a man-made famine, starving thousands of children to death and leaving millions malnourished as Israel adamantly states “no humanitarian aid” will be allowed. Breaking a ceasefire with renewed bombings, Israel has killed families, bombed schools, and even targeted Gaza's only Christian hospital on Palm Sunday. With no food, fuel, or medicine allowed in, humanitarian workers watch helplessly as civilians die under a policy of "voluntary relocation"—a chilling euphemism for ethnic cleansing. 13:10 Christian Zionists Betray Christ: Cheering Gaza's Genocide Australian writer Caitlin Johnston exposes the shocking betrayal of 30 million Christian Zionists in America, who blindly support Israel's brutal Gaza atrocities, believing it's God's will. Ignoring Jesus's teachings that “my kingdom is not of this world,” these cult-like evangelicals twist Old Testament prophecies to justify starvation and slaughter, bombing child-filled “concentration camp.” Even pagans recoil at this spiritual bankruptcy! 19:39 Are Christian Zionists Missing Christ as the Pharisees Did?“Christian” leaders like Ken Copeland and John Hagee (who says Jesus didn't come as Messiah and never said he was the Messiah) have exchanged the Kingdom of God for a worldly Zionism. Like the Pharisees of Jesus' time they want political power and victory and they're whitewashed sepulchres 35:43 LIVE comments from audience 43:33 Mel Gibson: We Need the Truth About 9/11Says we need people of impeccable character to get to the bottom of it. You mean people like Rudy Giuliani, Howard Lutnick, Gina Haspel? 53:45 US Boasts God-Like Power: Bending Time and Space in a Techno-Babel Takeover! White House tech czar Michael Kratzios stuns the world, claiming the US wields sci-fi tech to manipulate time and space! He boasts of annihilating distance and supercharging productivity, but is this hyperbole or a chilling reality? With technocrats worshipping innovation as their god, this hubris echoes the Tower of Babel's arrogance 1:02:43 AI Twins: Digital Clones as Personal Assistants or Something Family Can Interact with When Your Gone A new wave of AI startups is crafting digital twins—eerie replicas that mimic your voice, thoughts, and actions, taking your meetings, answering emails, and even “comforting” loved ones after your death! Are they trying to replicate Michael Keaton's Multiplicity or Marlon Brando's computer tutor for his son in Superman? 1:31:31 Robot Hype Goes into HyperSpace: Move Fast and Defraud People OpenAI former employees go public with claims about Sam Altman's character A Forbes investigation alleges Figure AI's hyped-up robots, promised to revolutionize BMW factories, are exposed as a fraudulent flop, inflating a $40 billion bubble Nvidia, caught in a trade war, grovels to both the U.S. and China, chasing billions while handing Huawei the AI chip market. 1:48:48 “Singing in the Reign”: Trump's as Unpredictable as the Weather Trump says we have to weather the storm unleashed by his erratic tariff flip-flops, yet his own campaign merch is made in China. With prices soaring, orders plummeting, and jobs vanishing, Trump's whimsical trade wars—delayed one day, denied the next—are strangling global commerce. From wine importers to chipmakers, companies reel as his emergency-powers dictatorship mimics 2020's martial law madness. 2:04:30 Global Chaos Ignites Gold Surge as Trump's Unpredictable Tariffs Create Economic Firestorm Gerald Celente, the trend forecasting legend TrendsJournal.com, exposes a media conspiracy silencing the gold's meteoric rise as it rocketed from $2,041 to $3,327 an ounce. Wall Street Journal and New York Times are still ignoring spikes of over $100 a day! Celente warns of a collapsing dollar, nuclear war risks, and Trump's chaotic tariffs shaking markets. If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Pat & JT weather the first tornado sirens of the season, while Reed Timmer rolls through Runza in the Dominator like a storm-chasing king. Pat admits he's dragging after a cake-and-taco-filled 20th birthday bash for Sophia. “Made in Milan” luxury goods might be fake!? Plus: one man's discovery of Alan Jackson's Chattahoochee is the internet joy we all needed. Subscribe, rate, and review our podcast wherever you get your podcasts so you don't miss an episode! Also follow up on Facebook, Twitter, and Instagram This is another Hurrdat Media Production. Hurrdat Media is a podcast network and digital media production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network by going to HurrdatMedia.com or the Hurrdat Media YouTube channel! Learn more about your ad choices. Visit megaphone.fm/adchoices
Julio De La Cruz discusses growing up in Watts, Armando Barajas filming him, getting let go from New Deal & Started Neighborhood Skateboards, Neighborhood shoe brand in Mexico, moved to Brazil for a while, working for Paul Schmitt, where's all the money in skateboarding, Neighborhood stopped for 20 years but it's back now, running his own wood shoop at his home in Mexico and much more! Timestamps 00:00:00 Julio De La Cruz 00:02:40 Grew up in Watts 00:07:32 Burnt his house burnt down 00:10:50 Armando Barajas filming him & got Julio on New Deal 00:18:59 Sold his skateboard for $50 then found out it was worth $200 00:23:35 Got paid $200 as an am & told everyone he was getting paid, forced New Deal to pay all the riders 00:26:23 "Dream Flip" 00:38:21 Friends with the police and gang members 00:41:18 Getting let go from New Deal & Started Neighborhood with help from Larry Balma 00:51:25 Moved to Brazil 00:56:52 Letting dudes go - just stop paying dudes 01:04:33 Stopped everything when he moved to Mexico 01:09:44 New Deal was funded by Rocco in the very beginning 01:20:25 Neighborhood shoe brand in Mexico 01:30:18 Almost got kidnapped in Mexico 01:43:29 Working for Paul Schmitt 01:53:27 Where's the money? 80% of boards are made in china now 01:59:17 Neighborhood stopped for 20 years, but it's back now 02:00:22 Socrates edited La La Land 02:03:14 Getting robbed - Danny Boy got his camera back from gang members 02:06:07 How he's dye'ing veneers 02:16:56 Trade Shows. The industry is not doing well 02:24:36 Julio thinks we need to clown people out of our industry 02:42:26 Who does he hang with in LA Learn more about your ad choices. Visit megaphone.fm/adchoices
Import levies on Chinese goods amount to 54% right now. But some things that China excels at producing will likely remain in China. In this episode, why shoemaking can’t up and leave anytime soon. Plus: Copper prices ballooned and tanked in the past few weeks, European carmakers weigh their options in the trade war and recession fears, not inflation fears, are driving bond yields.