Podcasts about Panama Canal

Keith explores how investors can build legacy wealth by owning productive teak timber and the land beneath it in Panama.  Mike Cobb, an international real estate developer with over 30 years of experience, explains why Panama's legal framework, economic stability, and U.S. dollar economy make it a compelling destination for first-time offshore investors.  They discuss the long-term return profile of teak, its resilience as a hard asset, and common mistakes to avoid when investing internationally, along with how a sawmill and vertical integration can enhance returns.  This discussion highlights how the strategy can diversify both geography and asset type while also opening doors to potential residency options abroad. Episode Page: GetRichEducation.com/615 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. To get in the best physical, mental, and professional shape of your life, go to DanielThomasHind.com and apply for Daniel's intensive 1-on-1 coaching for burnt-out entrepreneurs and executives. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold, talking about a legacy investment. You can profit from this real asset long term, and so can your heirs. It's real estate, but not housing. It's a diverse and more primitive use type. Today on Get Rich Education, you know. Mid South Homebuyers, that top Memphis turnkey provider. I learned that a secret weapon behind their explosive growth is more than just you buying their properties. It's an executive coach. For nine years now, their CEO Terry Kerr and his COO Pat Mix have worked privately with a coach who I've now learned from too, and he doesn't market himself online anywhere. After 12 years behind the scenes, that coach is now making himself available exclusively for GRE listeners. His name is Daniel Thomas Hind. If you're a hard-charging business owner or investor who wants to get in the best shape of your life, physically, mentally, and professionally, you can fill out an application for a free consult. This is private one-on-one coaching for those willing to go to uncommon lengths to achieve uncommon results. Thanks to Daniel, we've all become better leaders, better operators, and better men. It started by showing up for ourselves. Now it's your turn. Go to DanielThomashind.com. H-I-N-D. That's DanielThomashind.com, and sign up before spots fill.   Keith Weinhold  1:35   What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge while it's on your mind. Start at ridgelendinggroup.com. That's ridgelendinggroup.com.   Speaker 1  2:08   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  2:24   Welcome to GRE from Cherokee, North Carolina, to Cherokee, Panama, and across 188 nations worldwide. I'm your host Keith Weinhold. Welcome back to another Wealth Building Week. You are inside Get Rich Education, where financially free beats debt free. Today we're talking about a specific investment that is not residential real estate. In fact, it's a more primordial real estate type that predates housing. So therefore, it is lucid and intelligible. It's easy to understand. Sort of the opposite of more arcane investment like AI data centers or crypto mining. At a basic level, this makes it easy to understand, and there aren't any tenants to manage. It also does not pay you as often as monthly, though as you'll learn, there is income and appreciation is expected too. Now, if you invest outside your home country, you're probably going to want to be diligent and select a politically stable nation that also has an operator based in that region with a fantastic track record. It helps if they're close to the U.S. This small nation is close to the U.S. in both geographic proximity and economically. Their currency is even the U.S. dollar. They even share an electrical system with the U.S. with the same outlets and voltages. As you might be guessing, where I'm talking about, this nation also has a consumer culture somewhat similar to the U.S. with American restaurants and retailers and brands in our real estate world. What we find more important is how, like the U.S. this nation is a constitutional presidential republic, and both nations have these separate executive, legislative, and judicial branches, the three branches and elected presidents, in these competitive multi-party elections, and both America and this place have market-oriented economies that emphasize private property and private enterprise, banking and financial services, international commerce, logistics, ports, and aviation.   Keith Weinhold  4:49   Today, we're talking about the opportunity for you to own productive timber and the land beneath it, teak hardwood trees in Panama, a quarter-acre parcel. At a time with your name on the deed, that direct ownership is known as fee simple ownership. I have directly invested in Panama for about 11 years myself. Now, though teak might be able to survive in a climate like Hawaii, mere survival is not enough in the U.S. It is difficult to impossible to find anywhere that grows productive plantation teak. Here in the late 2020s decade, we've had bouts of El Nino or La Nina a lot of places in the world, and that has severely weakened some crop types. Other providers of different agricultural investments are failing, but not this teak. They're resilient, and we'll get into the physical properties of the teak. I'm going to ask today's distinguished guest about that. He and his business partners planted some select timber 27 years ago, and they've been offering teak hardware parcels to investors for that long, 27 years, and for about the last 10 years to GRE investors. Hundreds of you are participating now, but I'm going to wait to ask more about the physical teak product itself until later, because what's more important are the investment environment and the strength of the operator. So learn more about this and what the projected investment returns are, and just how much exactly does a quarter-acre parcel of teak cost? If you so choose, owning teak parcels also gives you the option of residency status in Panama, and you only need to spend two days there every two years in part of maintaining that status, they offer investor in-person tours of the teak plantations too because they're proud of what they do there. I expect a fascinating discussion with Mike, the teak company co-founder and CEO. This week's guest has become a friend since I met him about 10 years ago. He co-founded and is CEO of an international real estate development company. He's got active projects throughout Central America. He's been doing it for more than 30 years, so he's not a tinkerer and not trying out project concepts.   Keith Weinhold  7:26   And at this point, he's helped thousands of North Americans diversify their portfolios through international real estate ownership and residency planning, and even lifestyle investing. And if you've ever attended an investment conference on something like global diversification. You might have seen him speak there because he's such a frequent, recognized speaker and voice, and he's authored multiple books on real estate, financial freedom, expat living, and just unlocking a better lifestyle. Hey, welcome back onto the show, Mike Cobb.   Mike Cobb  7:59   Oh Keith, nice to be with you. And you're right. 10 years, we've enjoyed one another's company at many conferences. It's always great to be back with you virtually. I look forward to seeing you again personally one of these days as well. And yeah, thank you for the very kind words on the intro.   Keith Weinhold  8:14   Yeah, if I'm teetering on whether or not to attend a conference, I ask myself, is Mike going to be there? That's right.   Mike Cobb  8:20   We'll hang out,   Keith Weinhold  8:22   100% And you know, Mike, he's also an avid reader of GRE's "Don't Quit Your Daydream" newsletter. So then, clearly, he's even smarter than you've ever thought. You heard him on the show before, so you knew he was smart, but now he's even smarter than you ever knew since he's a reader. Tell us what you like about the newsletter.   Mike Cobb  8:40   You know, Keith. I gotta say, every issue that comes in, I read it. By the way, today's issue said read before Thursday, so you give me a couple days tomorrow at least to read it. Anyway, no, you know what? You are so powerfully succinct. The charts that you put in are wonderful. You were a geographer major, and and so spatial things are important. I also recognize. I love the charts. I love the graphs, and I hate to even say I love sort of the I hate to call it the trivial information, but you know enough data points that seem trivial when you put a theory around them actually become meaningful. And what you are able to do is you're able to connect dots that most people don't connect. That's the hallmark of genius, and I think you are a genius, by the way. And I think your newsletter shows that. And so, thanks for putting it out. Your readers are very, very fortunate to have you there, giving them the kinds of information that are super relevant in the marketplace at one level and on a specific level. But even more important, creating the theoretical constructs that allow them to understand the why of something's happening because you know if you understand the why of something you know it makes a lot more sense first of all but it also allows us to maybe forecast the next what coming down the pike and if we can be on the front edge of something or you know being able to look over the hill or around the bend that's. Powerful in the marketplace, and and you bring that power to your readers. Well done, man.   Keith Weinhold  10:04   Thanks. Yeah, it's not just what; it's why this matters. And that was an incredibly kind thing to say. I write every word of the letter myself, and you, the listener, you can get the letter free now@greletter.com I send it about weekly, and Mike, I know that U.S. investors, including some Get Rich Education followers, they've been increasingly looking offshore for one thing many perceive the political risk has palpably higher than it was a few years ago. So, just broadly, tell us more about what North American investors seem to be looking for.   Mike Cobb  10:42   Sure, I summed it up earlier today. I was talking with a conference organizer, and he was really giving me the hard sell on why I should come to his conference. And it's probably not a good fit. But I heard myself say it for the first time. What we really help folks do in certain spheres, but maybe in this sphere, is help people get a good night's sleep, you know, peace of mind, right? And when you've got the political turmoil, you wrote an article or a newsletter a couple weeks ago, and it was about inflation, the kinds of things that were happening, and it was so spot on. And I think your readers, and not just your readers, but people who are tuned into what's really happening from a political standpoint, a financial standpoint. There is no way you can print this much money. There's no way you can have these kinds of things going on all the time that create a huge run-up of debt, right? And it's not even the debt; it's the implications of the debt. What's going to happen next? How's this thing going to unwind, right? And so when you have all of this stuff going on. You have people who are really, really worried about their future. It's a financial future. I say there are two train wrecks. There's a train wreck of debt, which is what I just talked about, and there's a train wreck of freedom. And that train wreck of freedom is really, in some ways, a result of the train wreck of debt. But when you've got a train wreck or two train wrecks happening, we really have three choices. We can ride it out, right? Take the ride and go for the crash, right? We can do something about it, but we really have to do something about it before. I'm going to mix a metaphor here, but if you know a hurricane's coming in three or four days, you don't wait till the wind's blowing 150 miles an hour to put up the plywood, right? You get out there while the sun's still shining. You put up the plywood, and then when the hurricane hits, like you got plywood over the windows, and you can ride out the storm. And this is where I think so many people are today. They're recognizing this hurricane is coming. The problem is, is that I don't think people always know where to go get plywood, right? What do I do? How do I protect myself and my assets, right?   Mike Cobb  12:38   And what this conversation right here is about is here's one kind of plywood you can put up on your window and the diversification overseas the diversification internationally into a hard asset that is not really inflation proof because I'm not sure there is such a thing but largely inflation proof or a big a great hedge against inflation real stuff hard assets real estate timber commodity right this is. what so many people are now looking at, and then the other piece of it is you can layer in a residency, which starts to give you that political plan B. You've got an economic plan B, kind of the hedge against inflation, but you've got this residency component that gives you sort of a hedge against the political uncertainty, and 1000s of folks have moved in this direction. Several 100, I think it's about 600 folks now, have picked up the residency as part of their timber investment as well. So a lot of different things going on, but I think they do circle all the way back to this train wreck of debt and a train wreck of freedom, the political divisiveness kind of what's happening.   Keith Weinhold  13:40   Now, what if someone hasn't invested in a hard asset overseas before, Mike? I'm thinking some people might come ask you. You know, why would I do this? For example, I live in the United States, where we have a rule of law and stable, mature markets and high property ownership rights. So, why should I look to diversify internationally with hard assets,   Mike Cobb  14:01   yeah, I think there's a general answer, and then maybe a couple specific answers. Generally, you know, I would never bet against the U.S. the U.S. economy. We're the largest economy in the world. I would never bet against it, right? But I think that for prudence, we would all want to have at least another basket for a few of our eggs: 5% 10% 20% Pick. Pick a number that's comfortable, but have some of your investable net worth outside your home country. Like that's just prudent, right? Why would you have everything all in one basket? And so we see that as a general answer. Specifically, a country like Panama, where we do have artique plantations, they have public title escritora publica. It's fee simple title, but in the civil law, so it's called escritora publica. The rule of law is strong in Panama. And then the other thing about Panama that I absolutely love is you have the canal, and the canal provides both economic stability and political stability. On the economic side, it generates just. Under $5 billion a year of cash flow, year in year out, right? So just it's like an ATM machine for a country with a population of about 4 million people. Do the math on that; like that's a huge amount of money on a per capita basis, right?   Keith Weinhold  15:13   Narrow water passages have really been newsworthy for a long time now, too.   Mike Cobb  15:16   Well, they have, and just like the Strait of Hormuz, right? You know, people sometimes go. I hear it said, "Oh, the canal is a vital strategic U.S. interest. That is absolutely 100% correct. But if you're a country that produces any goods that ship, or you're a country that receives any goods by ship, that canal is a strategic interest to you, and by definition, that's every country in the world. Every country in the world wants that canal open and transiting, right? Because everybody either produces or receives or both, right? And so you've got the political stability element as well as the economic stability element. You've got the rule of law. Panama is a great, great place for that person who you mentioned who's never done an overseas investment, never gone offshore, right? What's an easy place to start? What's one of the safest places to start is Panama, and it's in this hemisphere too, so it's close. I mean, you can get there for three hours from Miami, three and a half hours from Houston. Flights all over to U.S. Canada. It's easy. So I think a lot of folks see Panama as a very, very easy way to make that first step overseas.   Keith Weinhold  16:25   I happen to know that you just flew in from Panama. You're in the United States today, but you're constantly going to Central America. You span time zones more often than almost anyone I know. You mentioned fee simple ownership in there. For those that don't know, I think of that as direct ownership, where you don't have some weird administrative government layer in there that can dilute your hard asset.   Mike Cobb  16:47   Right, you can own it in your own name, you can own it in a corporation, so it's easy to own it. But yeah, no layering, right? By the way, the Constitution treats owners who are Panamanian the same exact ways it treats all foreign owners, and actually, we do business all over Central America. The one thing that we look for is a a legal regime that protects foreigners and foreign investors the same as it does domestic. Panama does that.   Keith Weinhold  17:12   Yeah, so investing in hard asset in Panama is a bit like investing internationally with training wheels on, due to its close relationship with the United States bolstered by the Panama Canal, but yet if someone hasn't invested internationally first, there are still a few mistakes to avoid. Maybe things that one isn't aware of. Can you tell us more about that?    Mike Cobb  17:33   The biggest danger people have when they make their first foreign investment is what I call margarita madness, right? And a lot of times it happens. You're on vacation in Cancun. You're having the time of your life. You're you just went parasailing, whatever. You're walking down the beach, and some developer says, "Hey, come on up here and take a look at my condo project. You know, and we'll buy you dinner at Senior Frogs tonight. We'll give you a coupon or whatever, right?   Keith Weinhold  17:55   Right.   Mike Cobb  17:55   And a lot of people do that, and then later that night, that's Senior Frogs. They're celebrating the condo they just bought, right? I mean, it's not how we transact real estate in the U.S. and Canada. There's a due diligence process. There's a due diligence period. It takes weeks or months to transact on a property, not hours, right? And so the single biggest mistake is that, and the way that we really can resolve it. I mean, my book is all about this. In fact, you have a copy, and I think you've helped some of your your readers and listeners get copies as well. It's called "How to Buy Your Home Overseas and Get It Right the First Time, and it really boils down to three simple principles: buy what you see. Is it there? Right. Own community. Right. Make sure it's in a place where you have people around. Right? Because there are a lot of ghost towns out there, and then know the developer. Do your due diligence on the developer himself, right? So you've got these three principles, and if you follow those three principles, you could do a lot better. But I actually think there's even a better way, and it has to do with character. It has to do with us, and you know when we move to the developing world, anywhere outside of you know North America, Northern Europe, maybe Australia, New Zealand, right? We're moving from the land of seller beware, right? Think lemon laws, think Ralph Nader, think advocacy groups, you know, lots of laws and regulations that control the seller, to the world of buyer beware, where none of those laws exist, and so now you're on your own. And because we've been living and transacting our whole lives in a seller beware environment, in a bubble of protection, we're protected by the government, right? We think we are. We'll just say that anyway. But we're protected. We're in a bubble, and we move to the land of buyer beware.   Mike Cobb  19:38   The problem is we don't really know how to transact. We don't know the right questions to ask, and our single biggest advantage, our single biggest attribute or asset that we have, is actually humility, because we don't know what we don't know, and we have to forget what we think we know. Assumptions, right? We can't bring assumptions with us that hold true. Some do some. Don't right. If we approach a transaction overseas with humility, there are no dumb questions. I'm going to ask every question I can think of. I'm going to do as much research as I can within a limited period of time. I'm not going to not analysis to paralysis forever. I'm going to say, look, I'm going to spend the next 30 days. I'm going to do a ton of due diligence, and at the end of 30 days, if I like what I say, I'm going to transact, right? So you're you're not getting the deer in the headlights never to do something, right? But you know, several weeks, maybe a month or two, depending on what it is you're doing, is enough time to do really, really good due diligence. Ask all the questions you can think of, but approach it with humility. And when we do those things, we transact so much, so much better than if we just rush into it with Margarita Madness.   Keith Weinhold  20:44   Right? People get caught up in those emotions with Margarita Madness and end up with a timeshare that they can't get rid of, or something like that. You said something so interesting there, Mike. When you move from the developed world to the developing world, you move from a seller beware world, like with some of the things you have to be aware of, and like you need to give disclosures and such into a buyer beware world. I hadn't thought of it that way before.   Mike Cobb  21:08   Yeah, and really, a lot of my book and a lot of the presentations that I've given, you've seen me give over the years, really deal with what I call a change in thought process. Because mostly in presentations, right? My goal in a presentation is to help somebody change how they think, to take away the bubble and understand that they're on their own, right? It's not really their own. They have you, they have me, they have other resources, right? But they don't have this bubble of government or regulations or laws out there protecting them anymore. Now it's the individual, and as an individual, I don't want to be rugged individual. I want to find other people that can help me, right? But I have to do that as opposed to it's just there for me, right? So if I can help people change how they think, they will transact so much better. They'll make better investments. They'll make investments that work for them in ways that they want them to work for them, right? They'll achieve the goal or the dream in a much, much, much higher percentage of the cases,   Keith Weinhold  22:04   we're talking about investing antique tree hardwood plantations, principally in Panama, like you mentioned, and we're talking about one mindset about crossing borders with our investing, and another is oftentimes, at least for GRE listeners, we're crossing asset use type because we're so used to residential rental housing. So when you cross into agriculture or forestry, I guess as it is with teak, what are some of the bridges to cross there as we change use type?    Mike Cobb  22:35   The reason I love timber generally and teak specifically in Panama in this case is that most people, most people, and I hope that many of your readers aren't most people. Most investors look at 20-five years and they simply say themselves, "No way, no way. And I love that because right now teak timber is being cut down 10 to 12 times faster than anyone is replanting it. And the reason people don't replant it is because most average investors come along and say, "Oh, it's 25 years. I can't wait 25 years. Well, you know what? Good, because the folks who do decide to move ahead and plant the teak, what that means is the price of teak is very highly likely to continue to increase in value far beyond inflation. Teak wholesale teak prices have gone up five and a half percent a year on average for the last 50-three years. I think that number is going to increase largely because there's this huge psychological barrier. People think, "Oh, 20-five years, but back in 1990-eight I bought 100-acre cattle pasture in Panama, and we had a professional forestry company plant it and maintain it for the last now 27 years, and two two and a half years ago, we started building a sawmill. Our sawmill is up and running. In fact, was just down there and brought back one of our first retail products. We're producing lumber. Our first container of lumber is headed out to a distributor in Colorado next week.   Keith Weinhold  23:56   Mike's holding up a nice cutting board for those in the audience.   Mike Cobb  24:00   Nice cutting board. We're setting up an e-commerce site. We're going business to consumer with cutting board, bath mat, shelving, tables, chairs. We have our whole production facility ramping up with new retail products. So the bottom line is, is yeah, man, it does take 25 years. You know.   Keith Weinhold  24:15   The lantation to harvest cycle. That's the 25 year span you're talking about here. The patience it takes for an investor.   Mike Cobb  24:21   Thank you. Yes, absolutely. And then, as we cut down this mature plantation that we we are now harvesting right now, it gets replanted, and the next 25 year harvest. I'm 61 Maybe I'll make 86 I don't know. Maybe not. Right. But my kids probably will, and they'll get the big harvest in 25 years, and then it'll replant, and maybe they'll get a next one, or maybe it'll be the grandkids, right? And so what we found savvy investors, people who are really not your average bear, right? And they think to themselves, how can I create generational wealth stewardship? I have enough money coming in. I mean, Keith, that the I mean, you can own teak for 10 grand. You can. Own a quarter acre of teak. You own the land. You own the trees. 10 grand, like it's 9000 something or other, but 10 grand, right? I mean, the bottom line is it's such an affordable, easy investment, right? And it turns into well over $100,000 in today's numbers. Who knows what inflation? But in today's numbers, buying power, you know, 10,000 turns into 100,000 right? Over 20-five years, and so most people who do this recognize the fact that they might get the first harvest, but it's their kids, their grandkids, their great grandkids who are going to get this harvest every 20-five years thereafter. And so the 20-five year thing becomes a wonderful thing, not a bad thing. Right, it keeps many people out, which keeps the price of teak high and growing, which we like. But it also creates this cash flow period. People go, "Oh, it doesn't cash flow. I'm like, "Absolutely, it does. It cash flows phenomenally four times a century. Like you have an internal rate of return of almost 11% 10 point something, right? You have an internal rate of return of 11% and it cash flows four times a century. This is a phenomenal cash flow investment. You might get to see the first one or the second one, but you're probably not seeing three or four. But somebody else in your lineage, your family, your heirs will see it, and they will all be so happy you made that decision to own teak.   Keith Weinhold  26:22   We're talking about the ability for you to own teak parcels and the land beneath it, title in your own name, one quarter of an acre at a time. We're going to talk more about that with Mike when we come back. You're listening to Get Rich Education. I'm your host Keith Weinhold. Flock Homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio, through a 721 exchange, deferring your capital gains tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now mom and pop landlords can 721 their residential real estate. Request your initial valuation. See if your properties qualify at flockhomes.com/gre. That's flockehomes.com/gre.   Keith Weinhold  27:09   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. And full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866 That's family to 66866.   Ken McElroy  28:12   This is Rich Dad advisor Ken McElroy. Listen to Get Rich Education with Keith Weinhold and don't quit your daydream.   Keith Weinhold  28:29   Welcome back to Get Rich Education. We're talking about international investing with teak tree plantations. This isn't something experimental. We're not talking about a tinkerer here. You have to be more careful when you go overseas, and we're talking about with the owner of an international company that's been doing this for 30 years, providing international investments. But the teak tree plantation, I think, began in 1998 or 1999 Is that right?   Mike Cobb  28:56   Yeah, 98 was the purchase of the property, and in the rainy season of 99 we planted the first 100 acres. Yep.   Keith Weinhold  29:03   Yeah. Well, talk to us more about that because you talked to us about how historically teak appreciates at about 5% per year. Tell us about how we get to that 11% internal rate of return.   Mike Cobb  29:15   Yeah. Sure. I mean, so two things. One, you've got the five and a half percent a year kind of calculated out over a very long period of time, 50-three years. So that's a pretty good statistical baseline. And then the fact that your trees actually physically grow, right? I mean, back in 2008 my joke is from 2008 to 2012 While the rest of us in real estate were hating life, my trees just simply kept growing, right? They just kept growing. And so what you start off with is about 100 maybe 110, I think, trees on a quarter acre, and in the end, after all the thinnings, you end up with somewhere between 22 and 25 trees per quarter acre, and each of those trees produces about 1.2 to 1.6 cubic meters of timber. For lumber, by the way, one of the things that we are working on, and you know, look at the end of the day, you had a walk, jog, run, right? And we're in the walk stage right now, but we're harvesting out all of the other elements of the teak tree. Your lumber piece, that just you know, sell it as boards, you know, one by fours, one by sixes, one by eights, whatever it is. Ship that stuff off. That's your 1.2 to 1.6 cubic meters, but you've got other pieces of the tree. You've got stuff that's too thin, the root stock that can be turned into other things, including cellucrete with cellulose, the ground up, the sawdust itself. We're saving all the sawdust. We're going to use that for cellulite. This is the math on this. Our investors get 80% of the net proceeds after processing costs, which is 15% my company gets 20% and so we, my company, has the highest incentive to drive the highest possible return to the investor possible because I get 20% of whatever I make for the investor, and so all the numbers we use are always the net investor number, right? And we have a business plan. All the numbers are laid out. It's all there, and it's pretty easy to see how the IRR gets up. About I think it's 10.6, 10.7% I can't remember. Just under 11% but it's all in the business plan, Keith. And again, this is part of that due diligence process, right? Get a copy of the business plan. Get on the phone with one of our property consultants maybe take a trip to Panama. I just got back. We just took a group of people. Yeah, we got tours. Yeah, we have tours, and so like as part of the due diligence process, come visit, come see the trees, come see the sawmill. Right? If it's something that makes sense from a an investment standpoint, yeah, the material, the facts, and the due diligence is all there for people to be able to pick up and do over a you know several week period, you know 30 days, 60 days, 90 days, whatever it is.   Keith Weinhold  31:47   Well, let's back up because seemingly you have had really good prescience. Because when we look at world agriculture today, we see some problems. Whether some people want to call it erratic weather, other want to call it climate change, and how that's really ravaged some crops and created disruptions in certain produce. Or with coffee, you know, we've also got a cattle production problem, for example. But you've chosen something that's been really resilient. Tell us more about that resilience and just why teak of all crops and forestry.   Mike Cobb  32:22   Let me start by saying, who was it? Yogi Berra says, you know, predicting is hard to do, especially when it's about the future or something. Exactly. Yeah. Right. But I mean, look, we're talking about the future. I mean, who the heck knows, right? I mean, that's what makes it investing rather than you know something else. But teak has been grown in plantations for almost 400 years. It was started by the British in India, what was then Burman throughout Southeast Asia. And one of the things the Brits did so so well is they documented everything. They had statisticians keeping track of altitude, rainfall, soil types, different stock. I mean, just anything and everything that you could imagine, and so by the early 1900s, some of the best books about teak and teak plantation farming was written. I actually read those books in order to interview the forestry management companies in Panama that we would hire them to manage our plantation, because I don't know anything about it, right? But I wanted to be prepared to do the interviews, so I was. What amazed and fascinated me was this incredible track record of production for almost 400 years of teak as a commodity in the marketplace, and then for the last 50 years, 53 years, you know, seeing what's happened to the price of teak in that time period. Look, nobody can predict the future. Weather patterns change. Teak as a species, is very very resilient. You know, the highest quality teak is grown in very specific conditions, and the Darien province of Panama has exactly the conditions to produce the highest quality teak. If those conditions change, maybe the quality of the teak goes down. Maybe the quality of the teak goes up a little bit. Who knows, right? I mean, at the end of the day, we don't control weather. We don't control weather patterns. We don't control the future. But that thing goes back to the idea of diversification. Like, how can we mitigate against the future? I think we do that by just simply broad diversification. And if we have all of our assets and stocks, bonds, and rental real estate, we're pretty concentrated, especially if it's all in the United States, right? Our home country, for example, and so some diversification into other sectors probably makes sense. I know it makes sense for me because I think that's my way of hedging against the uncertainties of the future.   Keith Weinhold  34:37   Let's talk about the tree quality and then the sawmill, because some people don't understand that teak really has pretty special properties that maple or black cherry or oak doesn't have.   Mike Cobb  34:47   It does. It has a very very high oil content and it has a hardness that makes it extremely resistant to rot fungus, which is why it's used in the marine environment. If you look at Chris Craft. Boats or yachts. You always hear about teak, teak, teak. Teak is used in maritime environments because it holds up to the salt water-not just salt water-holds up to water, but even more so, salt water and the environment, which makes it unique. And so, even if you don't treat teak, right, you just leave it out. It turns gray, but it doesn't rot. And then you can come back. You can you know sand it and varnish it and turn it into that beautiful, rich color. It's a beautiful, beautiful wood. It's funny because it has furniture uses, outdoor furniture, patio furniture, things like that, decking. But now they're starting to use it in hardwood floors. They're using it in gates and fences and soffit materials. Again, outdoor uses, but it can be used indoors as well for very very fine furniture, which at the end of the day teak has a panache that a lot of these other woods don't have. Mahogany is certainly one mahogany. The thing about mahogany is it's softer, right? It's a softer wood. It carries some qualities in terms of the grains and the colors that make it a a very favorable product for cabinetry and other things. We actually looked at mahogany as a species to possibly grow, and it's about a 30-five to 40-year harvest cycle. And so, when we looked at that, we said, you know, we can get our heads around 20-five, and and maybe someday we will do some mahogany plantations as well. But for now, we we started with teak. Actually, when we did the analysis, I don't know if this is still true, but 27, 28 years ago, when I did the initial research and analysis, it had the best time value of money ROI.   Keith Weinhold  36:29   Ah, that's the first time I learned that. And some of these durability properties that you've been talking about really go back to my earlier question about how some more sensitive crops have been ravaged lately.   Mike Cobb  36:39   Yeah, it holds up very very well to the environment. By the way, it'll do well in pretty much everything but desert, right? If it rains too much, the teak will grow faster. Actually, it produces a less quality. The quality of the teak is less. If so, if panama's rain system changed and it started raining every day of the year, where we have it growing, teak trees would grow wonderfully. The quality of the teak would be lower, right? Still, be teak. It'd still be valuable, but not as valuable in the marketplace. So.   Keith Weinhold  37:08   Now you've been here to talk about teak before, but something that you added a few years ago was a sawmill to really bring some vertical integration there. And now you're not at the mercy, perhaps, of the price that you would need to sell to a lumberyard. Can you tell us more about how it's going with that?   Mike Cobb  37:22   Yeah, absolutely. Well, the bottom line is, is because we earn 20% of what we earn for the investor on their wood, our goal is to sell it for as high a possible price. And lumber does pretty well. I mean, you can sell logs. Let's just start there. You can cut the trees and sell the logs for X. You can turn the logs into lumber and sell it for you know whatever 578 x. You can turn it into things like cutting board, chairs, tables, a finished product, and there you're talking about you know not just five to 7x You're talking about another 10x on top of that. So that's like 30x right? I mean it's an incredible difference. So from log to finished product, it's about a 30 times differential in what you ultimately achieve out of the marketplace for return. Right now it takes longer to do it. There's more work involved, but at the end of the day, because you make more of the investor, we make more. Some of the teak is going to go out as finished product, and so we get a blended return of lumber. We don't do logs, but we're going to have a blended return of lumber and finished product that will push that yield up maybe higher than we've anticipated, which would be just fine with everybody.    Keith Weinhold  38:30   ll right, all right. Diversifying your exit, then. Well, before we learn about how we can get a hold of more information, is there any last thing that we should know about investing across international lines into teak, maybe something that I didn't think about asking you, Mike.   Mike Cobb  38:45   The only thing there is two of the teak farm parcels can be bundled together for a half acre with about a I don't know it's a seven $8,000 legal piece government fees to achieve a residency. So you can actually become a resident of Panama with the teak investment, and again coming in on about 600 folks have done the residency as well as the investment and ownership of the teak farms. So I would say that's a piece. Again, if people aren't sleeping well at night, they're worried about inflation, they're worried about social disruption, polarization, where things are headed, right? And they like the idea of the teak investment, then you know it may make sense to just do the extra government legal piece and get the residency card. I mean, I just did that. By the way, I think you know I'm a I'm a Nicaraguan resident because I lived in Nicaragua for 14 years.   Keith Weinhold  39:34   Mike is holding up his Nicaraguan ID.   Mike Cobb  39:37   but last summer I also got my Panama residency card, so now I have, y'all. I'm a U.S. resident, U.S. citizen, and I'm also a Nicaraguan. I think I held up my West Virginia driver's license. Hold on, let me go. Here's my Nicaraguan residency. Sorry, I was like, yeah. Wait a minute. Anyway, so right. So I'm a U.S. citizen, and I'm a resident of both Nicaragua and Panama. And so, this is something that a lot of folks choose to do because of the uncertainty, the political and social uncertainty in their lives. The teak itself will help with the economic uncertainty, but the residency then helps with the other two elements.   Keith Weinhold  40:15   Next time you fly in and you're doing customs in Panama City or Managua, show them your West Virginia driver's license and see how they like it. See what happens.   Mike Cobb  40:22   It wouldn't work. Hahaha.   Keith Weinhold  40:25   Well, the prices are low. You do not need to be an accredited investor in order to do this. So there's really no qualification bar to clear. There's really no limit in the number of parcels that you can buy. Some people like to purchase 10 parcels, but you can buy as little as one, and tell us more about that price.   Mike Cobb  40:42   Yeah, in fact, we've introduced Keith since the last time we talked a financing program. Oh,   Keith Weinhold  40:48   I didn't know that yet.   Mike Cobb  40:49   We did. That's a fairly new. It's a this year thing, right? So the teak parcels, I think 9890 or something, whatever. Call it 10 grand. The parcels just under $10,000.   Keith Weinhold  40:59   Okay.   Mike Cobb  40:59   Yeah, and they have a down payment and a credit card thing. I think it stretches maybe over a year or two, so it's a fairly short period. Let's people who don't have the entire 10,000 upfront who want the teak investment to be able to acquire it. And if they're doing the residency piece, the residency piece can only begin after the teak farm piece is acquired, right? But it can also lead to the residency piece over time. So yeah, and then there are some discounts on three of them and 10 of them. So we have a lot of people that actually end up getting them for. And and here's a really cool thing because it's titled in your own name, it can also be titled in a child's name or a grandchild's name. And so we have a lot of people that actually acquire them and they don't take ownership. They put it in their kid's name or their grand name. Yeah, so it's a wonderful way to move that asset already right out of the gates into the next generation or the next generation.   Keith Weinhold  41:52   So we're talking about diversifying at least twice, both internationally and then in a different asset type as well. This has been fascinating to learn about, Mike. It's just fascinating alone, I think, to learn about the geography and the teak itself. And like we touched on earlier, they do organize tours. Any reputable provider should do that. They're proud of what they offer there. Tours in the Darien province of Panama, in this case, to see your teak tree parcels. It's a really approachable price. If you want to learn more and get a report and perhaps purchase some parcels, Mike's one of our GRE marketplace providers. You can visit gremarketplace.com/teak or talk to your GRE investment coach. Mike has been fascinating as always. It's been great having you back on the show.   Mike Cobb  42:40   Nice to be here. Thank you, Keith.   Keith Weinhold  42:48   Teak is one of the more durable crops that there is. The demand for teak hardwood is substantial, and it's really growing. They have also had the same tree manager for all 27 years since the teak was planted, some real continuity there. The name of the manager is Heyo Forestall. There's a little to manage with the teak hardwood trees, like performing thinnings, and those thinnings do give investors like you intermittent income. So you're not waiting for absolutely everything for 25 years, but the income from the thinning is really small. Most of the return takes place in that 25 years, and it's interesting to me to see the profile of the GRE investor in teak because it attracts young investors, and maybe that's because the cost of entry is so low. It also attracts older investors because they more often have an eye toward passing along something productive to their heirs that is going to outlive them. A lot of them don't want to give their heirs money because money can be spent on fleeting trivialities. Also, the older a person is, they just have an easier time visualizing the fact of 25 years and knowing that it really will pass by. And yes, in-person tours are offered there in the Darien province of Panama, and there were 13 to 14 attendees on a recent tour. They do need to limit the group size, and the tours are for you, whether you're an existing investor or not. If you're just checking it out, that's for you too. If you believe that you want to attend a tour and you don't want to buy, I understand that you can get your money back from the tour.   Keith Weinhold  44:35   The next tour is in September. Each quarter-acre newborn teak parcel costs $9,680 $9,680 and over 20-five years, it's projected to produce about 110k in today's dollars. And yes, now with financing, we've talked about this investment on GRE before, but it's the first time where they now have financing in place, so you don't even need. 9680 to get started. Also, retirement funds might be eligible for use here. And really, when you think about the long-term horizon of this investment, retirement funds make sense. If this is potentially interesting to you, get a hold of the report that goes into the details and shows you some projections and more. You can do so by either contacting your GRE investment coach or visit gremarketplace.com/teek. Money may not grow on trees, but sometimes trees grow into money. Until next time, keep growing your means and maybe a few trees. You could visit gremarketplace.com/teak. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 1  45:53   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  46:21   The preceding program was brought to you by your home for wealth building. getricheduceducation.com  

Brian Hathaway was in Marina del Rey, California, where he left from in February 2022 at the beginning of his circumnavigation, during this intervierw, after completing a circumnavigation on his Hunter 44 DS. We talk about how a circumnavigation changes you, what it's like to complete one, readjusting to life in civilization, staying at a marina in California vs Mexico, haul-out facilities, an incident with a crazy doc worker at a marina, choosing a Hunter to circumnavigate and all the doubters, the pros and cons of a production boat, running warps, drogues, weather routing, weather forecasting, squalls, lightning, sailing in the Gulf Stream, crossing the Panama Canal, the Las Perlas islands, Golfito Costa Rica, insurance, the peril of disregarding the laws in foreign countries, we debate about tethers, EPIRB's and PLB's, other safety gear, a problem with the rubrail, the importance of officially finishing the circumnavigation, finding happiness, meditation, anxiety, love of sailing, and more. links and photos are on the podcast website support the show through Patreon sail New England and Canada with Sailing Resolution shop tankless dive systems at BLU3 browse or list sailboats for sail at sailboatsforsale.com

In case you missed it... Dom talks with Melissa Clark-Reynolds, futurist and founder of FutureCentre.nz, about how the Panama Canal, El Niño and changing demographics are influencing NZ agriculture. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Tarabuster Thursdays with Tara Devlin. July 2, 2026

In this segment of The Tara Show, guest host Ryan Wrecker engaged with listeners' text messages regarding the contentious New York City $78^circtext{F}$ thermostat recommendation, jokingly musing on how future presidential libraries, like a potential AI-driven Donald Trump archive, might interact with highly critical visitors. Wrecker highlighted a real-world example of this technology by describing President Trump's recent tour of the Theodore Roosevelt Presidential Library, which features an interactive AI projection of Roosevelt answering questions about landmark historical achievements like the Panama Canal. Transitioning to the local climate, Wrecker noted that while Greenville, South Carolina, was experiencing a massive heat wave with a projected high of $96^circtext{F}$, one disciplined listener proudly claimed to keep their AC set at $78^circtext{F}$ all summer long. Looking ahead to the rest of the morning broadcast, Wrecker previewed an impressive lineup of upcoming expert guests, including political historian Rich Rubino to discuss the nation's milestone anniversaries, author Randall Sullivan to chronicle the very first baseball All-Star game, and a brain expert to break down which 4th of July cookout foods are best for cognitive health.

Dom talks with Melissa Clark-Reynolds, futurist and founder of FutureCentre.nz, about how the Panama Canal, El Niño and changing demographics are influencing NZ agriculture. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

On today's REX Daily Podcast, Dom talks with Federated Farmers High Country Committee co-chairs Jim Ward and Matt Simpson about the Government’s Conservation Act Amendment Bill, the conflicting interpretations of Bill being disseminated online and what they'd like to see happen... And he talks with Melissa Clark-Reynolds, futurist and founder of FutureCentre.nz, about how the Panama Canal, El Niño and changing demographics are influencing NZ agriculture. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Submit media fails you see, and get facts, links, images and more at TheyStandCorrected.substack.com. Join the fight for truth by becoming a Founding Member. Looking at the disastrous coverage of the Iran deal, Josh asks, “What imaginary mental world is the media living in? It’s as though the whole thing boils down to just gas prices, the Strait of Hormuz,  maybe a mention of Iran’s nuclear threat, and of course, imaginary big, bad Israel having a magic ability to force the U.S. into a war.” Today, Josh lays out the reality. Iran presents the greatest current threat to humanity, and the Islamic regime is conducting global efforts in the effort to control as much of the world as possible. The real story involves so much shaping the world and the lives of Americans, he explains. It’s about drugs, immigration, assassination plots on U.S. soil, Islamist terrorist attacks, threats to U.S. water supplies, the safety of U.S. children’s hospitals, other shipping channels like the Panama Canal and the Red Sea, genocidal attacks on Christians, and the the safety of the world’s largest democracy (which isn't the U.S.). All this and more are wrapped up in what seems to be a disastrous capitulation to Tehran. And if this deal is as bad as it seems to be, that would be totally unsurprising given the reality of Trump’s history. Then, Josh tackles a story the media is hiding altogether: The Rape Gang Inquiry, a big new report on the systemic, horrific rape of young girls across the United Kingdom. The government has long turned a blind eye to it because acknowledging it was deemed “racist” and “Islamophobic.” A man was even jailed for talking about it. The media is a big part of the problem.  Plus, a trip to LA, JOMO, and Josh's appearance on the Unapologetically Jewish podcast in conversation with host Shana Meyerson.  Links, images, videos and more at theystandcorrected.substack.com  Share thoughts and questions through the newsletter or the form at joshlevs.com Support: ☕BuyMeACoffee.com/joshlevs

In this episode of Power Players, Senior Editor Leo Collins explores the narrow waterways that quietly underpin the global economy and the immense geopolitical influence they provide to any actor that controls them. From the Strait of Hormuz and the Strait of Malacca to the Bab al-Mandeb and the Panama Canal, Leo examines how a handful of strategic corridors have shaped empires, fuelled economic growth and become critical pressure points in an increasingly contested world. The episode traces the history of these vital routes, the states and non-state actors that wield influence over them and the growing efforts by major powers to develop alternative trade corridors. It also explores the risks posed by conflict, climate change and infrastructure vulnerabilities, revealing how disruption in a few key locations can reverberate across global energy markets, exacerbating the risks facing supply chains and food security. As nations race to build new routes and reduce their dependence on maritime bottlenecks, this episode examines why the future of global power may belong not to those who control the chokepoints, but to those who can bypass them.   Join the Sibylline Media mailing list https://mailchi.mp/sibylline.co.uk/podcastsignup If you enjoyed this episode, let us know by liking, subscribing or leaving a review. You can also contact us with any questions or feedback at info@sibylline.co.uk.   Follow us on Instagram https://www.instagram.com/sibyllineltd/?hl=en Follow us on LinkedIn Sibylline | LinkedIn Follow us on YouTube https://www.youtube.com/@sibyllineTV For more information, visit our website www.sibylline.co.uk #Geopolitics #GlobalTrade #MaritimeSecurity #SupplyChains #PowerPlayers

A version of this essay was published by firstpost at https://www.firstpost.com/opinion/from-indo-pacific-to-pacific-delhi-must-prepare-for-strategic-loneliness-14024528.htmlI refer, of course, to the (in)famous newspaper headline which said, “Ford to City: Drop Dead” in 1975 when then-POTUS Gerald Ford refused to bail out New York City during a financial crisis.It appears to be the same sentiment now with POTUS Trump regarding India. The end of India's fond hopes of a strategic alliance came not with a bang, but with a whimper: the Pentagon announcement, right in the middle of the G7 conclave in France, that the US has reverted its Indo-Pacific Command to the “Pacific Command”, which had been the name before Trump changed it in 2018.What this means is clear: the US has turned its back on the Indian Ocean, on India, and on the vaunted “strategic partnership” that Indian policymakers had long assumed would be a corollary of that presumed bedrock of Indo-US relations: the mutual need to contain a rampaging China.Coming on top of the remarkable cavalierness about the murders of three Indian merchant-navy sailors, and numerous other slights, we see a pattern of indifference at best, or disdain at worst. The US is signalling that they don't need India. India, in other words, has no leverage. I am not amazed, to be honest: I wrote in 2023 that in an era of relative decline, it made sense for the US to downgrade its aspirations from sole hyperpower to first among equals: that is, a “G2 condominium” with China. This is, in principle, the same as the Vatican-brokered Treaty of Torsedillas in 1494 that divided the world into Portuguese and a Spanish spheres of influence. Interestingly, that didn't end up well for either party, but we shall let that pass. Let us connect the dots: there is a ‘Donroe Doctrine' whereby the US is asserting its hegemony in the Americas, its sphere of influence. Trump has ejected China from Venezuela, and is in the process of kicking them out of the Panama Canal zone; although the Pacific-to-Atlantic railway project in the Brazilian rainforest, and its terminus, the deep-water Port Chancay in Peru, remain.The disastrous Trump foray into Iran was predicated on denying China easy access to that country's hydrocarbons. But the MoU after 100+ days of war suggests that the US has received a bloody nose, and is withdrawing, retired hurt. The shrinking of ambitions away from the Indian Ocean as in the reversion to the ‘Pacific Command' suggests that the US is ceding the continent, including West Asia, to China.America-watchers have noticed this strange attitude to Asia before. Evan A. Feigenbaum, a former advisor to US Secretaries of State, wrote about this in 2011:For Washington, the problem is at once intellectual, strategic, and bureaucratic. Intellectually, the United States still has three separate foreign policies in Asia—one for East Asia, another for South Asia, and a third for Central Asia (which it scarcely regards as a part of Asia at all). As Asia reintegrates, then, the United States is too often stuck in an outdated mode of thinking ...Asia is being reborn, and remade. Yet, the United States is badly prepared for this momentous rebirth, which is at once stitching Asia back together and making the United States less relevant in each of Asia's constituent parts. Asians are, in various ways, passing America by, restoring ancient ties and repairing long-broken strategic and economic links.Well, this is also the end of the “pivot to Asia”, even though it was probably half-hearted at the best of times. Then-POTUS Obama started using the term in 2011, but was himself guilty of ‘awarding' “South Asia” to Chinese overlordship on a visit to that country. Now that the US is dumping its European allies, it should not be surprising, in view of the ‘Fortress America' tone of the National Security Strategy of 2025, that India is also being thrown under the bus.A US official, Deputy Secretary of State Christopher Landau said this bluntly in Delhi at the Raisina Dialog 2026: India should understand that we're not going to make the same mistakes with India that we made with China 20 years ago in terms of saying oh you know we're going to let you develop all these markets and then the next thing we know you're beating us in a lot of commercial things.Landau is right from a short-term US perspective. The US blundered, presumably taken in by Chinese propaganda, and allowed itself to be stripped of its industrial prowess. They have learned a lesson: squash potential competitors when you can. This is a back-handed compliment: it suggests that the US is aware that India can be a challenger, and make the G2 a G3. India is literally the only power that's large enough to make it to Great Power status: Brazil, South Africa, Nigeria, etc. have too many problems.No incumbent power wants an insurgent power to challenge its hegemony. The so-called “Thucydides Trap” predicts that chances are that they will go to war: a kinetic war or an economic war or both. India is simultaneously facing Thucydides Traps from both the US and China, those G2 buddies. I wrote about this as an “Abhimanyu Syndrome” for India: splendid isolation. I hasten to add that though Abhimanyu died, his side did win convincingly.So it's time for India to be pragmatic, and develop its own self-reliance, both in military power and economic/trade power. The existing G2 are looking for vassals, not allies. The equation between them is also interesting. It is clear that the US is in gentle relative decline; but it does have deep resources, and can survive as a continent sized economy, even if it turns its back on the rest of the world, as it has done several times in its 250-year history. But Trump did kowtow to Xi on his May trip to China: he looked like a supplicant paying tribute to the emperor.China, if you look at its 3000-year-long history, is volatile and unstable. A pattern repeats, again and again: there are periods of prosperity and power under a strong imperial center, followed by collapse and utter chaos. An unwinding of the Chinese empire, much like the implosion of the Soviet empire, is probably only a matter of time.If you look at Indian history, the nation was mostly stable, though its prosperity invited invaders. As far back as 3000 years ago, India was the center of a lucrative Indian Ocean trade, based on Pax Indica in the region. With a deep water navy, a massive manufacturing push, and self-reliance, India can regain its past glory. Military power breeds respect from others. Economic power makes others want to trade.1100 words, 18 Jun 2026AI-generated slideshow courtesy notebookLM.google.com: This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit rajeevsrinivasan.substack.com/subscribe

Joe Raia, Chief Commercial Officer at Abaxx Exchange, had a fun interview as he stopped by to give us an update. As a commercial tanker captain who moved into commodities trading, he has the knowledge and background to help guide the US Markets.Connect with Joe on his LinkedIn here: https://www.linkedin.com/in/joe-raia-4982a417/Follow Joe on X here: https://x.com/JoeRaia5Check out Abaxx Exchange information here: https://abaxx.exchange/1. Abaxx Exchange & LNG Futures ContractsThe core focus is on ABEX's innovative physically deliverable LNG futures contracts. Joe Rea explains how these contracts are unique because they price actual waterborne LNG molecules rather than using proxy benchmarks like Henry Hub or Brent crude oil. The contracts cover three key regions: Gulf of Mexico (FOB), DES North Pacific Asia, and Northwest Europe. This addresses a major gap in the market where there was no transparent, regulated pricing instrument for LNG.2. Pricing Benchmarks & Market InefficienciesA significant discussion centers on why traditional pricing proxies fail for LNG. Henry Hub has remained at $3 for 15 years while waterborne LNG ranges from $11-15, and Brent crude oil has no correlation to delivered LNG in Asia. ABEX's contracts provide proper pricing correlation, which is critical for midstream suppliers to get fair value for their molecules.3. Global LNG Market DynamicsThe conversation covers Europe's energy crisis following Russia's invasion of Ukraine, the shift from long-term contracts (40-50% of the market) to spot and shorter-term contracts, and the EU's struggle to refill natural gas reserves to 85-90% capacity. There's also discussion of Russia's new icebreaker LNG carriers and potential sanctions implications.4. Expansion of LNG Production & InfrastructureTopics include the U.S. becoming the world's largest LNG producer, with 200 MTPA coming online this year. There's discussion of floating LNG terminals (FSRUs) as faster alternatives to building permanent facilities, and potential expansion in the Middle East with pipelines connecting to floating LNG infrastructure.5. Precious Metals TradingAbaxx has expanded beyond energy into metals, launching gold and silver futures contracts with physical delivery capabilities in Singapore vaults. The silver contract has been particularly successful, and these contracts address logistical issues that previously plagued gold trading between London and New York.6. Energy Security & U.S. PolicyA major theme is energy security, including discussions of the Jones Act, U.S. tanker capacity, and the importance of American-flagged vessels. The conversation highlights how a 60-day Jones Act waiver resulted in more U.S. energy exports to Puerto Rico in 2 months than in the previous 20 years, and the need to rebuild U.S. shipbuilding capacity.7. Geopolitical ImplicationsDiscussion of Middle East pipeline infrastructure (Saudi Arabia's East-West pipeline, UAE expansion, Kuwait's plans), Iran's territorial claims, and how geopolitical tensions affect energy markets and shipping routes through critical chokepoints like the Panama Canal and Strait of Hormuz.8. Technology & Market IntegrationAbaxx's integration with major pricing platforms like Refinitiv, Bloomberg, and TradingView to make pricing data accessible globally. The conversation emphasizes the importance of having standardized, transparent pricing that can be referenced in trading agreements.This episode essentially showcases how ABEX is revolutionizing commodity trading by creating transparent, physically backed futures markets that better serve the global energy and metals industries.Thank you, Joe, for your service in the United States Merchant Fleet as a Captain and for your continued service in helping balance the markets.Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

In this Substack Live interview, Kerry Lutz sits down with Dennis Kneale to discuss his new book, Oregoners: How One State Chased Away Business and People. Kneale argues that Oregon serves as a warning for the rest of the country, detailing how decades of government policies contributed to business flight, job losses, rising crime, homelessness, and economic decline. The conversation explores the impact of environmental regulations on Oregon's once-thriving logging industry, Portland's struggles with vacancies and public safety, and the broader consequences of political decision-making. Lutz and Kneale also examine underreported developments involving the Panama Canal, Venezuela, fentanyl enforcement efforts, and the ongoing debate over climate policies and carbon emissions. Their discussion offers a candid look at government policy, economic growth, and the challenges facing states across America. Find Dennis here: https://denniskneale.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Rates on Asia-North Europe and Asia-US West Coast are surging, a US-Iran memorandum of understanding has been signed, and El Niño is now official with an 88% chance of being historically severe. This week Lars Jensen and Caroline Weaver cut through the noise on all three.In this episode, Lars Jensen and Caroline Weaver cover:NYFI update: Asia-North Europe spot rates up $1,000 in a month with futures pointing higher still, and Asia-USWC breaking above $4,000 per 40-foot with a volatility spike driving record hedging activity using the NYFI indexWhy the rate rally is being driven by supply and demand fundamentals, not Hormuz fuel surcharges, and what CMA-CGM's $4,000 peak season surcharge announcement signals about carrier confidenceThe US-Iran memorandum of understanding: what it says, what it does not say, and why AIS data showed no change in vessel movement through the strait in the first 48 hoursPiracy resurgence in the Gulf of Aden and three attacks in two days including one on a Maersk feeder vesselEl Niño confirmed and now forecast as potentially the strongest on record: what Panama Canal shippers need to plan for nowSubscribe to weekly podcast CliffsNotes sent directly to your inbox.

In the third and final installment of the series, President Theodore Roosevelt mobilizes the full industrial might of United States to “make the dirt fly” in Panama and succeed where the French Syndicate failed. But many perils await them in “The Zone”. From disease-bearing mosquitos and intractable terrain, to labor problems and lethal accidents, the Panamanian jungle will not be tamed without a fight.    SOURCES: Burton, Anthony. The Canal Pioneers: Canal Construction from 2500 BC to the Early 20th Century. Barnsley, UK: Pen & Sword Maritime, 2018. Charles River Editors. The Panama Canal: The Construction and History of the Waterway Between the Atlantic and Pacific Oceans. CreateSpace Independent Publishing, 2013. Diaz Espino, Ovidio. How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal. New York: Four Walls Eight Windows, 2003. Greene, Julie. The Canal Builders: Making America's Empire at the Panama Canal. New York: Penguin Press, 2009. Karabell, Zachary. Parting the Desert: The Creation of the Suez Canal. New York: Alfred A. Knopf, 2003. Keller, Ulrich. The Building of the Panama Canal in Historic Photographs. New York: Dover Publications, 1983. Lasso, Marixa. Erased: The Untold Story of the Panama Canal. Cambridge, MA: Harvard University Press, 2019. Lindsay, John. Emperors in the Jungle: The Hidden History of the U.S. in Panama. 2003. Lopez, Sean J. Chokepoint: The Epic History of the Suez Canal. New Haven, CT: Yale University Press, 2024. Marlowe, Elias. A History of Panama: Canal, Conquest, and Independence. Albuquerque: University of New Mexico Press, 2012. McCullough, David. The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster, 1977. Morton, Levi P. “No. 105. Mr. Morton to Mr. Frelinghuysen.” Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the President, December 1, 1884, U.S. Department of State Office of the Historian, 5 July 1884,https://history.state.gov/historicaldocuments/frus1884/d105 Parker, Matthew. Panama Fever: The Epic Story of the Building of the Panama Canal. New York: Doubleday, 2007. Cohen, Lucy M. “The Chinese of the Panama Railroad: Preliminary Notes on the Migrants of 1854 Who ‘Failed.'” Ethnohistory 18, no. 4 (1971): 309–20. https://doi.org/10.2307/481071. “The Tragedy of the Chinese.” Panama Railroad Historical Society, www.panamarailroad.org/chinesetragedy.html “Many Canal Workers Killed,” Black Virginia: The Richmond Planet, 1894-1909, accessed May 16, 2026, https://blackvirginia.richmond.edu/items/show/1085. https://newsroompanama.com/2026/03/22/clear-rules-and-fair-compensation-indio-river/?utm_source=chatgpt.com https://frontera.library.ucla.edu/recordings/coge-el-pandero-que-se-te-va-0 “Wilson Blows Up Last Bar Between Oceans; Canal Becomes Reality.” The Audubon County Journal (Audubon, Iowa), October 17, 1913. Colorado Historic Newspapers Collection. “Canal Is Opened by Wilson's Finger.” The New York Times, October 11, 1913. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jenn Donahue PhD is an entrepreneur, civil engineer, author, and retired US Navy Captain whose company JL Donahue Engineering works on large scale, high profile geotechnical projects for clients ranging from PG&E and Duke Energy to the Tennessee Valley Authority and Bay Area Rapid Transit (BART). Over her military career, Jenn has built a bridge across the Euphrates River in the midst of the Iraq war, commanded an 800-personnel Battalion in Afghanistan, and constructed combat outposts in the middle of deserts filled with insurgents. Jenn has designed the seismic plans for a bridge over the Panama Canal and built roads by drilling and blasting in Ketchikan. She's the author of The Warrior Framework and the founder of Dare to Rise.

The National Security Hour with Brandon Weichert – Yon emphasized the strategic importance of maritime chokepoints such as the Danish Strait, the Strait of Hormuz, the Panama Canal, the Suez Canal, and the Strait of Malacca. These locations are not obscure geographic trivia; they are the pressure valves of the international system. If even one is blocked or militarized, the economic...

The National Security Hour with Brandon Weichert – Yon emphasized the strategic importance of maritime chokepoints such as the Danish Strait, the Strait of Hormuz, the Panama Canal, the Suez Canal, and the Strait of Malacca. These locations are not obscure geographic trivia; they are the pressure valves of the international system. If even one is blocked or militarized, the economic...

The Panama Canal links the Pacific Ocean to the Caribbean Sea and the Atlantic Ocean beyond. With all that water around it, it's hard to imagine the canal running low. But that's happened several times in recent years. And it could happen more often in the decades ahead—a result of our warming climate. The canal is crucial to the global economy. For ships traveling between the east and west coasts of the United States, it cuts the journey by about 9,000 miles and many days. On average, about 35 big ships pass through it every day. But in 2023 and '24, the number was cut to as few as 24 per day. Ships were stacked up on both ends of the canal—stranded by historic drought conditions. Ships pass through a series of locks that lift them over higher ground in the middle of Panama. The locks are fed mainly by a large freshwater lake. Each passage uses tens of millions of gallons, most of which empties into the ocean. The drought was triggered in part by El Niño, which warms the eastern Pacific. It blocks rainfall over Panama, while increasing evaporation. As the climate warms, El Niño-like conditions may become more common. A recent study found that additional warming might make canal operations even tougher. And under a worst-case scenario, major droughts could become common—turning the Panama Canal into a major bottleneck. The canal's operators are planning to build a new lake to boost the water supply—hedging their bets against warmer days ahead. The post Drying Out appeared first on Marine Science Institute. The University of Texas at Austin..

Is wholesale distribution entering its most disruptive era yet?In this episode of Around the Horn in Wholesale Distribution, Kevin Brown, Tom Burton, and Mark  Gilham of Enable unpack the forces reshaping the B2B supply chain: inflation measurement debates, Federal Reserve strategy, tariff refund accounting risks, buying group consolidation, maritime trade choke points, and the growing influence of AI on distributor–manufacturer relationships. This episode explores how data-driven decision making is shifting the industry from relationship-based instinct to AI-powered commercial intelligence, and what that means for distributors, manufacturers, CFOs, and industry leaders.What You'll Learn:The difference between core inflation vs trimmed average inflation, and why the metric matters for CFO planning, pricing strategy, and capital investment decisionsHow a more flexible Federal Reserve approach impacts interest rate modeling, debt refinancing, and working capital strategy in wholesale distributionWhy tariff refunds create accounting, tax, and downstream pricing pressure, and how distributors and manufacturers should prepareThe real impact of global maritime choke points like the Strait of Hormuz, Suez Canal, Panama Canal, and South China Sea on supply chain resilienceWhy buying groups like Evergreen are consolidating, and how rebate economics drive churn and competitive pressureHow AI could disrupt traditional distributor–manufacturer relationships by prioritizing margin analytics, pricing optimization, and product substitution models over loyaltyEpisode Highlights:03:22 – Mark  Gilham explains how Enable connects manufacturers and distributors through rebate and pricing intelligence11:45 – Core inflation vs trimmed average inflation: what's the difference and why does it matter for distributors?24:41 – A Greenspan-style Fed strategy: how rate uncertainty changes business forecasting42:30 – Tariff refund accounting risks and downstream pricing pressure across the supply chain57:45 – The six global maritime choke points and why “just-in-time” models increase fragility1:00:41 – Why Evergreen shut down and what buying group consolidation means for distributors1:14:42 – Manufacturers' growing concern: will AI override decades of channel relationships?1:23:48 – “It all depends on the brief the AI has.” How AI configuration shapes profitability and channel outcomesMeet the Guest:Mark  Gilham is a former distributor CFO and now a leader at Enable, a pricing and rebate management platform focused on helping manufacturers and distributors trade more intelligently in the B2B ecosystem. His expertise bridges finance, pricing strategy, rebate optimization, and AI-driven commercial execution.Tools, Frameworks, and Strategies Mentioned:Enable Rebate Management and Pricing IntelligenceLeadSmart Enterprise Growth PlatformRevenue Expander white space analyticsPrediction market data modeling for interest rate forecastingAI-driven commercial optimization and margin normalization modelsClosing Insight:“Future decisions are not going to be made based on a relationship. They're going to be made based on what the AI model tells the distributor.”As wholesale distribution evolves, the competitive edge will belong to organizations that combine trusted relationships with structured data, commercial intelligence, and AI-ready infrastructure.Leave a Review: Help us grow by sharing your thoughts on the show.Learn more about the LeadSmart AI B2B Sales Platform: https://www.leadsmarttech.com/Join the conversation each week on LinkedIn Live.Want even more insight to the stories we discuss each week? Subscribe to the Around The Horn Newsletter.You can also hear the podcast and other excellent content on our YouTube Channel.Follow us on Facebook, Twitter, Instagram, or TikTok.

In this explosive episode of STRAT, retired Marine intelligence officer LtCol. Hal Kempfer examines how aggressive U.S. operations across Latin America are transforming the region's political, economic, and security landscape. From renewed American military activity around the Panama Canal to intensified cartel targeting in Mexico, Ecuador, Guatemala, and Venezuela, and a burgeoning strategic shift with Cuba, Washington appears to be executing a sweeping hemispheric strategy aimed at countering narco-terrorism, expanding economic influence, and rolling back Chinese encroachment. The discussion explores covert raids, intelligence cooperation, joint military operations, anti-cartel campaigns, and major mineral and energy agreements reshaping regional alliances. The episode also examines the implications for global trade, maritime security, corruption, foreign investment, and business expansion opportunities throughout the Western Hemisphere. As Operation Southern Spear expands, the future of Latin America may be entering a dramatic new era of geopolitical realignment.Takeaways:U.S. military involvement in Latin America has expanded dramatically.The Panama Canal region is becoming strategically aligned with U.S. interests again.Venezuela's political shift is opening massive U.S. energy and mining opportunities.Cuba faces growing economic collapse and increased American pressure.Ecuador has entered a new phase of joint anti-cartel operations with the United States.Intelligence and special operations activity inside Mexico has intensified significantly.Major cartel leadership losses are reshaping organized crime networks in the region.Operation Southern Spear reflects a broader U.S. effort to counter Chinese influence in the Western Hemisphere.#STRATPodcast #HalKempfer #MutualBroadcastingSystem #StrategicRiskAnalysis #LatinAmerica #CartelWar #PanamaCanal #OperationSouthernSpear #Geopolitics #NationalSecurity #USMilitary #CounterNarcotics #ChinaInfluence #MexicoCartels #Venezuela #Cuba #Ecuador #DrugTrafficking #ForeignPolicy #WesternHemisphere

The Panama Canal adventure continues and Part 2 had way more surprises than we expected! From watching the Panama Canal locks in action to Rosé All Day in "the office," Costa Rica, Guatemala, Cabo, tequila tastings, chocolate, cowboy hats, and unforgettable cruise moments, this sailing definitely kept us on our toes.We're sharing our experience sailing Virgin Voyages through the Panama Canal, including our favorite moments, what surprised us most, excursion tips, cruise hacks, and the things we'd do differently next time.In this episode:

Panama Canal follow-up: Bret Weinstein and Michael Yon return to the subject two years later after major developments. Michael appears this time with his wife and partner, Masako Ganaha sharing their unique paradigm for understanding global patterns, historical lessons, and future predictions.Find Masako Ganaha at https://note.com/masakoganaha and on X at https://x.com/ganaha_masakoFind Michael Yon on Substack at https://michaelyon.substack.com and on X at https://x.com/Michael_Yon*****Sponsors:Dose: Ready to give your liver the support it deserves? Head to http://dosedaily.co/DARKHORSE or enter DARKHORSE to get 35% off your first subscription.Puori: Amazingly clean and safe supplements and protein powders, lab tested and guaranteed. Go to http://Puori.com/DarkHorse for 32% off grass-fed whey protein with a subscription. DarkHorse code works on all products!Vanman: Go to https://vanman.shop/darkhorse26 and use code DARKHORSE26 for 15%  off your first order.*****Join DarkHorse on Locals! Get access to our Discord server, exclusive live streams, live chats for all streams, and early access to many podcasts: https://darkhorse.locals.comCheck out the DHP store! Epic tabby, digital book burning, saddle up the dire wolves, and more: https://www.darkhorsestore.orgTheme Music: Thank you to Martin Molin of Wintergatan for providing us the rights to use their excellent music.*****Mentioned in this episode:Michael Yon Panama Canal on DarkHorse https://darkhorse.locals.com/post/5179074/bret-weinstein-with-michael-yon-in-the-panama-canalCatherine Austin Fitz on Michael Yon Substack https://michaelyon.substack.com/p/amazing-talk-masako-and-catherineTrojan Migration? The 210th Evolutionary Lens with Bret Weinstein and Heather Heying https://www.youtube.com/watch?v=bwmwxo3iMAs Zionist Forces may close Strait of Hormuz https://michaelyon.substack.com/p/zionist-forces-may-close-strait-of Dutch Farmers Canaries in the Globalist Coal Mine  Michael Yon  Eva Vlaardingerbroek https://www.youtube.com/watch?v=pqHQN54XCL0 Screwworms over Texas https://michaelyon.substack.com/p/screwworms-over-texasSupport the show

Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (5/20/26). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth is, or claiming they have the answer, is likely leading you astray, for one reason or another. Stay Vigilant. !function(r,u,m,b,l,e){r._Rumble=b,r[b]||(r[b]=function(){(r[b]._=r[b]._||[]).push(arguments);if(r[b]._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m)[0],l.async=1,l.src="https://rumble.com/embedJS/u2q643"+(arguments[1].video?'.'+arguments[1].video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify([].slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble");   Rumble("play", {"video":"v77yy2u","div":"rumble_v77yy2u"}); Source Links (In Chronological Order): Sean Hannity to Kash Patel: 'You're Doing an Incredible Job' (20) TheTexasOne on X: "@FBIDirectorKash @MissionLadyona For the nothing is happening crowd here you go! Great work" / X (20) FBI Director Kash Patel on X: "

For fifty years, the U.S. dollar ruled the world. Oil was priced in dollars. Global trade flowed through dollars. Entire economies depended on the American financial system. But according to an explosive new geopolitical analysis, that era may be entering its final chapter.This two-part investigative documentary uncovers the hidden economic war now unfolding between the United States and China — a battle centered not on missiles or armies, but on critical minerals, rare earth elements, artificial intelligence, semiconductors, banking infrastructure, and the future of global money itself.How did China quietly gain control over the industrial foundations of the modern world? Why does Beijing now dominate the processing of the rare earth minerals required for AI systems, electric vehicles, F-35 fighter jets, satellites, missile systems, and the global semiconductor industry? And why are U.S. officials suddenly warning that “economic security IS national security”?This documentary follows the trail from Nixon and Kissinger's 1970s petrodollar strategy to Belt and Road expansion, BRICS de-dollarization efforts, China's growing control over strategic supply chains, and Washington's dramatic new push for a critical minerals alliance. From the Panama Canal to Venezuela, from Project Vault to rare earth export restrictions, the story reveals how governments around the world are rapidly reorganizing around strategic resources and industrial power.At the center of the documentary is a terrifying possibility: that the world may be entering the early stages of a new monetary order — one no longer built solely around oil, but around minerals. Lithium. Copper. Silver. Rare earths. Semiconductors. The materials underneath artificial intelligence, defense systems, energy infrastructure, and the future global economy itself.As supply chains fracture and geopolitical tensions rise, the age of globalization may be ending. In its place, a new era is emerging — one defined by economic warfare, industrial nationalism, strategic chokepoints, and competing global blocs racing to control the technologies and resources that will shape the next century.This is not just a story about economics. It is a story about power. Who controls the future. Who controls the industrial systems underneath modern civilization. And whether the U.S. dollar can survive the most serious geopolitical challenge it has faced in generations.The old system is still standing. But beneath the surface… a new world order may already be under construction.

Send us Fan MailMy guest today is Aimie K. Runyan, author of Mademoiselle Eiffel, listed in the Visual Arts category on Art In Fiction.View the video on YouTube: https://youtu.be/_JcFmRQ4PcQWhy Aimie chose to write about Claire Eiffel rather than her more famous father, and the surprising role Claire played in running Gustave's household, social life, and business from the age of 14.The wax figure of Claire at the top of the Eiffel Tower, alongside Gustave and Thomas Edison, and the historical meeting it commemorates.How clothing functions as armor and identity in the novel, particularly Claire's corset as a symbol of constraint reframed as protection in a world not built for ambitious women.The invisible female labor at the heart of the story, and what Claire sacrificed, including her art and her choice of husband, to secure her place at her father's side.The opposition to the Eiffel Tower from artists, architects, and Gustave's own friend Garnier, and what the contrast between the Opéra Garnier and the tower reveals about two competing visions of modernity.Aimie's research trips to Paris and the Musée d'Orsay archives, where the Eiffel family correspondence, party menus, and letters from admirers have been preserved since 1981.What Aimie gained by returning to the archives after the story was already written.The Panama Canal scandal, Gustave's complicated legacy, and why writing through Claire's adoring lens required Aimie to be deliberately even-handed with a man who was "no more of a villain than your average rich man used to getting his own way."The oldest daughter narrative and why Claire's story resonates today, including a frank conversation about the undervaluing of women's labor and the difference between "emotional labor" and plain old mental load.Aimie's advice to writers on research: travel if you can, use Google Earth if you can't, never hesitate to contact museum curators, and know that one good research trip can fuel three books.Reading from the scene in Portugal where 14-year-old Claire organizes a workers' dinner and earns her first public acknowledgment from her father.Read more about Aimie K. Runyan on her website: https://www.aimiekrunyan.com/Are you enjoying The Art In Fiction Podcast? Consider giving us a small donation so we can continue bringing you interviews with your favorite arts-inspired novelists.  Click this link to donate: https://ko-fi.com/artinfiction.Also, check out Art In Fiction at https://www.artinfiction.com and explore 2500+ novels inspired by the arts in 11 categories: Architecture, Dance, Decorative Arts, Film, Literature, Music, Textile Arts, Theater, Visual Arts, & Other.Want to learn more about Carol Cram, the host of The Art In Fiction Podcast? She's the author of several award-winning novels, including The Towers of Tuscany, A Woman of Note, The Muse of Fire, and The Choir. Find out more on her website....

Transpacific rates are grinding higher into peak season while the Hormuz crisis shows no sign of resolution, and a new weather risk is quietly building for the Panama Canal.In this episode, Lars Jensen and guest host Don Davis cover:NYFI spot rate momentum on Asia-US West Coast and Asia-Europe, and what futures rates suggest for the next two monthsIran's tightening grip on Strait of Hormuz traffic, including vessel seizures and a potential threat to subsea data cablesCMA CGM and Hapag-Lloyd suspending Cuba bookings following new US sanctionsA NOAA upgrade placing a 67% probability on a strong or very strong El Niño, and what that means for Panama Canal capacity heading into 2027Q1 2026 carrier results: Maersk gained market share; Hapag-Lloyd volume declined year-on-year

Namibia sits on the south-west coast of Africa. Below Angola, above South Africa, with Botswana to the east.Portuguese explorers first reached the coast here in the 1480s. No natural harbour, brutal surf, cold Atlantic fog, the Namib Desert running straight into the sea, little access to fresh water. They planted crosses to mark their claims, turned around and went home again, never to return.Today that coast is known as the Skeleton Coast because of shipwrecks and whale bones.Three hundred years later, having decided there was too much tropical disease in Gambia, the British looked at Namibia as a possible penal colony. They decided it was too inhumane.It was Germans and Finns who eventually settled on the coast another hundred years on.Namibia is about three and a half times the size of the UK, and yet its population is only 3 million. It is big and empty. Most of it is desert.I've got more endless expanse shots than I know what to do with. Here is just one of them. Plus a short vid shot from a hot air balloon which gives you an idea of the sheer endlessness of the place.Even in the capital city, Windhoek, there is just so much space.The only two places in the world that are less densely populated are Greenland and Mongolia. Namibia beats even Australia and Mauritania, which is mostly Sahara desert.Demographically, the country is roughly 87% black, 6% white and 5% mixed race, with the Ovambo people to the north making up about half the population. I saw a few Asians while I was there too.A country of extremesThere are still bushmen and other ancient hunter-gatherer people living as they have lived for centuries, yet other parts of the country are extremely modern. There are shopping centres to rival our own, good roads (the best in Africa, I was told), great restaurants, commercial farms and more. About half the population is urban. The national language is English, adopted after the country gained independence from South Africa in 1990, but I found that people, black and white, would as often speak amongst themselves in Afrikaans and, up north, Ovambo. On the coast German is widely spoken. (The country was a German colony from the 1880s until World War I, when South Africa, then British, invaded. Hence it has great beer.)The controlling political force is the South West Africa People's Organisation (SWAPO), which has governed since independence in 1990. SWAPO is nominally social democratic, but there are still strong liberation-era left-wing instincts, as evidenced by streets in the capital renamed after independence: Fidel Castro Street, Robert Mugabe Avenue and so on.All being said, Namibia functions well.It is a stable democracy with rule of law, an independent judiciary (the government sometimes loses cases), relatively free markets and low crime by African (and European) standards. Immigration law is tight too. Having seen the problems stemming from mass immigration into South Africa, Namibia has taken a more controlled approach.Indeed I heard repeated frustrations from mining companies trying to obtain visas for geologists and mining engineers where the local expertise either does not exist or is employed elsewhere.Official unemployment is 37%, but I heard from several different sources that the real number is above 50%. 50%! Very sad.Nominal GDP per capita sits around US$5,000, roughly double that adjusted for purchasing power, which puts it above most of sub-Saharan Africa. The World Bank classifies Namibia as a lower-middle-income country, alongside countries such as Albania, Argentina and Belize. But these numbers are misleading.The country has vast wealth through its natural resources and related industries: uranium, copper, diamonds, fishing and tourism. Spread that revenue across just 3 million people and the averages look impressive.There is also serious rural poverty.Namibia combines first-world infrastructure with third-world unemployment.The currency is pegged to the South African rand, not one I would have chosen. Official inflation sits in the 2-3% range.About 88% of the country's sovereign debt is held domestically, and there appears to be healthy demand for its bonds. The country has also recently begun a sovereign wealth fund, which is reportedly growing at an impressive 16% since 2022. The central bank has recently also implemented a gold acquisition programme. Kudos.The country has high institutional savings and one the larger stock exchanges in sub-Saharan Africa.Food is cheap, protein in particular. The country has an enormous cattle herd, almost as large as its population. Recent outbreaks of foot-and-mouth disease in neighbouring countries are therefore a cause for concern, as you can imagine. (Not my bag, but I reckon there is an opportunity exporting Namibian biltong to the UK, where it is expensive. I brought back loads). Other goods, however, can be expensive because the country relies heavily on imports.If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.The main industries - tourism and natural resourcesPorts are expanding. The railways are not great, though I hear they will be improved. The roads, however, are excellent, as I said. Namibia is also the world's third-largest uranium producer after Kazakhstan and Canada. Chinese interests hold majority stakes in the country's three largest uranium mines, not to mention other metals.Oil and gas have recently been discovered offshore. Shell plc is one of the pioneers.As for gold, Namibia only really became a meaningful gold player after independence, since when roughly 15 million ounces have been discovered, much of it alongside copper. Among the larger players is B2 Gold (BTO.TO), which is well known in the country. Large parts of the country remain un- or under-explored. And I think that is where a lot of the big opportuities lie.There also appear to be rare earth deposits in some abundance. Kendrik Resources (KEN.L) recently made some progress here. Solar, wind and hydrogen projects are also attracting investment tooChinese money helped build the SWAPO headquarters, and they are investing significantly in mines in the country. Of note is that the USA recently spent heavily developing their embassy. It is big. Former Trump attorney John Giordano is now ambassador, a surprisingly high -profile appointment for such a low-profile country.One theory I heard repeatedly was that, given deteriorating US relations with South Africa, Washington increasingly sees Namibia as strategically important in terms of Atlantic access, energy routes and influence in the south Atlantic. Not quite the Panama Canal or Strait of Hormuz, but it could be something of a chokepoint. Namibia feels like a country at the cusp of something.It has space, resources, energy, political stability and strategic importance.Next week I want to look in more detail at Namibia as an investment destination, particularly its mining sector, where some very interesting things may be developing.My thanks go to to Rowland Brown and Chanel Marais of Cirrus Capital for bringing me to Namibia and for organizing what was a brilliant and instructuve conference.Thank you for reading the Flying Frisby.Until next time,Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

When Panama's Supreme Court ruled that Hong Kong-based conglomerate CK Hutchison's operation of two ports on either side of the Panama Canal was unconstitutional, President Jose Raul Mulina said at the time that he wasn't too concerned about China retaliating. Now, several months later, Mulina and other Panamanian officials are becoming increasingly concerned that this is precisely what's happening after China detained dozens of Panamanian-flagged vessels or "inspections." Separately, China called on the two shipping companies, Maersk and MSC, slated to take over operations of the Panamanian ports vacated by CK Hutchison, to reconsider — insinuating there could be severe consequences if they don't comply. Pedro Armada, managing partner at Armada Risk Consulting, is following the events closely from Panama City and joins Eric to discuss the increasingly difficult position the government finds itself in between the U.S. and an increasingly assertive China.

SCHEDULE THE JOHN BATCHELOR SHOW, 4-30-261880 WIEN STOCK EXCHANGE1. Headline: Peru's Electoral Uncertainty and the Simmering Falklands Dispute Guest: Professor Evan EllisSummary: Professor Ellis discusses Peru's presidential election, where leftist Roberto Sanchez has unexpectedly surged into a runoff against Keiko Fujimori. The conversation also covers a leaked Pentagon memo that has reignited the Falklands/Malvinas dispute, suggesting a potential shift in US policy toward supporting Argentine claims. 12. Headline: China's Economic Coercion and the Struggle for Panama's Ports Guest: Professor Evan EllisSummary: China is applying significant economic pressure on Panama after a Chinese shipping giant was removed from port operations. The US and regional allies have issued a joint statement opposing this coercion, highlighting the broader geopolitical struggle over control of the Panama Canal and international shipping lanes. 23. Headline: Mexican Cartel Indictments and the Irony of Venezuelan Authoritarianism Guest: Professor Evan Ellis Summary: The US has taken the unprecedented step of indicting a sitting Mexican governor for cartel ties, complicating relations during USMCA negotiations. Meanwhile, in Venezuela, the US has helped remove Maduro but continues to engage with the remaining dictatorship for oil, leaving the democratic opposition marginalized. 34. Headline: Colombia's Pivotal Election: A Choice Between Far-Left and Conservative Paths Guest: Professor Evan Ellis Summary: Colombia faces a critical election with far-left candidate Ivan Cepeda leading in early polls. Professor Ellis analyzes the contest between Cepeda and conservative candidates, noting that the outcome will determine Colombia's future regarding the rule of law and its strategic relationship with the United States. 45. Headline: Japan's Energy Fragility Amid the Straits of Hormuz Crisis Guest: Lance Gatling Summary: Japanfaces extreme pressure as 95% of its energy is imported, mostly through the volatile Straits of Hormuz. Prime Minister Takichi Sai is navigating this crisis by releasing strategic reserves and managing inflation, while the Bank of Japanmaintains an independent course on interest rates. 56. Headline: Japan's Strategic Awakening and Regional Threats from China and Russia Guest: Lance GatlingSummary: The war in Ukraine has fundamentally altered Japanese strategic thinking, particularly regarding its northern borders with Russia. Japan is adopting a more hawkish stance toward China's ambitions in Taiwan while facing the logistical challenge of shifting its energy dependency from Middle Eastern crude to American alternatives. 67. Headline: The "K-Shaped" American Economy: War, AI, and Inflationary Pressures Guests: Alan Tonelson and Jim McTague Summary: Experts describe a robust but uneven American economy where defense spending and an AIinvestment bubble are stimulating manufacturing. While wealthy sectors thrive, high inflation and energy costs create a "K-shaped" recovery, raising concerns about social cohesion and the long-term sustainability of current growth. 78. Headline: The AI Revolution: Job Displacement Fears and Massive Energy Needs Guests: Alan Tonelson and Jim McTague Summary: The AI boom is driving massive investment in data centers, boosting industries like steel and cooling equipment. While some compare this to the early industrial revolution, a major constraint is the "incomprehensible" amount of energy required to power these systems, potentially putting the US at a disadvantage. 89. Headline: Justice Samuel Alito: A "Practical Originalist" Reshaping the Court Guest: John Malcolm Summary:John Malcolm reviews a biography of Justice Samuel Alito, tracing his journey from a modest background to the Supreme Court. Alito is described as a "practical originalist" who has significantly influenced the court's direction on religious liberty and constitutional interpretation through his thorough and powerful writing. 910. Headline: The Dobbs Decision Leak: Security Risks and Internal Court Tensions Guest: John MalcolmSummary: The leak of the draft Dobbs opinion created an unprecedented security crisis, leading to an assassination attempt against a justice. Sources reveal dramatic internal scenes, including Justice Breyer's urgent plea to release the decision quickly to mitigate the bullseye placed on the conservative majority. 1011. Headline: The Iran Conflict: Strategic Impasse and the Need for Allies Guest: Colonel Jeff McCauslandSummary: The US and Iran are at a total impasse, with the potential closure of the Straits of Hormuz threatening the world economy. Colonel McCausland argues that the Trump administration's "America First" approach has alienated allies whose minesweeping capabilities are essential for reopening the strategic waterway. 1112. Headline: Ukraine's Drone Mastery: Redefining Modern Warfare Against Russia Guest: Colonel Jeff McCausland Summary: Ukraine has become a global leader in drone technology, using innovative systems to neutralize Russian forces and equipment. This technological edge has forced Russia to scale back its Victory Dayparade, signaling a fundamental shift in how modern wars are fought at long distances. 1213. Headline: The Ironclad Bridge: China's Strategic Military Foothold in Serbia Guest: Ivana StradnerSummary: Serbia and China have strengthened their "ironclad friendship" through a free trade agreement and military cooperation. President Vučić is integrating Chinese-made missiles and drones into Serbia's defense, creating a security threat for NATO and providing Beijing with a critical outpost in the Western Balkans. 1314. Headline: Dismantling Free Trade: The Trump Administration's Attack on USMCA Guest: Mary Anastasia O'Grady Summary: The Trump administration is seeking to renegotiate or dismantle the USMCA, preferring protectionist tariffs over a "fortress North America" approach. Mary Anastasia O'Grady warns that these policies will increase consumer prices and damage the global competitiveness of American companies by disrupting integrated regional supply chains. 1415. Headline: Betting on War: Corruption and Insider Trading in Prediction Markets Guest: Josh RoginSummary: Massive bets on prediction markets like Polymarket have occurred minutes before major US military announcements, suggesting widespread insider trading. Josh Rogin highlights potential corruption within the Trumpadministration, noting that investigators have been sidelined while the president's inner circle maintains ties to these platforms. 1516. Headline: The Marriage Penalty: How Welfare Policies Undermine Stable Families Guest: Veronique de RugySummary: Current US government policies create a "marriage penalty" that discourages low-income couples from marrying to avoid losing welfare benefits. Veronique de Rugy argues that these incentives contribute to a decline in intact marriages, which has significant negative long-term effects on children's education and achievement. 16

2. Headline: China's Economic Coercion and the Struggle for Panama's Ports Guest: Professor Evan EllisSummary: China is applying significant economic pressure on Panama after a Chinese shipping giant was removed from port operations. The US and regional allies have issued a joint statement opposing this coercion, highlighting the broader geopolitical struggle over control of the Panama Canal and international shipping lanes. 21880 WIEN

Why Graham Platner's victory in the Democratic primary for Maine's senate seat is so important for the antifascist antiwar movement. Why Americans no longer believe the hype about the China threat. Inside Marco Rubio's imperial control of the Panama Canal and Panama's expropriation of a Chinese company's assets. Israeli piracy targets the Gaza Sumud Flotilla, creating "Apartheid without borders." And the role of multilateralism in forging a global imperialist order.  Subscribe to the Un-Diplomatic Newsletter: https://www.un-diplomatic.com/  Watch Un-Diplomatic Podcast on YouTube: https://www.youtube.com/@un-diplomaticpodcast  Disclaimer: The views expressed are those of the individuals and not of any institutions

After navigating the Pacific coasts of the United States and Mexico then wintering in the Sea of Cortez, Jeff and Kami Fehr rang in 2026 by transiting  the Panama Canal aboard their meticulously refit Selene 59, Dock Holiday. Learn more about your ad choices. Visit megaphone.fm/adchoices

What's it really like to sail through the Panama Canal on a Disney ship?

Colm Walker is entered in the 2026 Golden Globe Race. He was in Puerto Vallarta, Mexico when we talked, on the way from San Diego to France via the Panama Canal. He is a dual citizen of the United States and Ireland, an Airborne Ranger and combat veteran of the 82nd Airborne Division, and a lifelong waterman. ​His boat, Mo Chuisle ("My Pulse" in Irish), is a Tayana 37 cutter. He sails in support of veteran mental health, raising awareness for those still fighting unseen battles long after the guns have gone quiet. For Colm, the Golden Globe Race is not an escape from life, but a commitment to it. It is a test of self-reliance, resilience, and surrender. A chance to show that stillness can be strength, and that sometimes, the way forward is to go alone. We talk about Mexico, clearing in to Mexico, the benefits of traveling internationally, the passage from San Diego to Puerto Vallarta, boatyard woes, racing on a Swan, the feel of sailing his boat - a Tayana 37, the Hydrovane and the Raymarine qutopilots, a spinnaker-pole failure, how military experience is beneficial in sailing, PTSD, rites of passage, Taoism, why the Golden Globe Race is Important, moving from digital back to analog sailing, safety, physical and mental preparations for the race, the Wisdom Dojo, and more. Photos and links are on the podcast shownotes page Support the show through Patreon Shop or list sailboats at sailboatsforsale.com Shop tankless dive systems at Blu3

April 22, 2026Have you had your dose of The Daily MoJo today? Download The Daily MoJo App! "Democrats Don't Cheat!  | The Daily MoJo Ep:042226"This episode of The Daily Mojo with Brad Staggs and Ron Phillips covers a range of pressing global and domestic issues. Discussions include geopolitical tensions in the Strait of Hormuz, the operational management of the Panama Canal, and political commentary on various figures. The broadcast also delves into local concerns like water shortages in Arizona and creative solutions to urban problems, offering a comprehensive look at current events.Phil Bell's Morning Update The Southern Poverty Law Center gets Busted!: HEREOur affiliate partners:Be prepared! Not scared. Need some Ivermection? Some Hydroxychloroquine? Don't have a doctor who fancies your crazy ideas? We have good news - Dr. Stella Immanuel has teamed up with The Daily MoJo to keep you healthy and happy all year long! Not only can she provide you with those necessary prophylactics, but StellasMoJo.com has plenty of other things to keep you and your body in tip-top shape. Use Promo Code: DailyMoJo to save $$Take care of your body - it's the only one you'll get and it's your temple! We've partnered with Sugar Creek Goods to help you care for yourself in an all-natural way. And in this case, "all natural" doesn't mean it doesn't work! Save 15% on your order with promo code "DailyMojo" at SmellMyMoJo.comCBD is almost everywhere you look these days, so the answer isn't so much where can you get it, it's more about - where can you get the CBD products that actually work!? Certainly, NOT at the gas station! Patriots Relief says it all in the name, and you can save an incredible 40% with the promo code "DailyMojo" at GetMoJoCBD.com!Romika Designs is an awesome American small business that specializes in creating laser-engraved gifts and awards for you, your family, and your employees. Want something special for someone special? Find exactly what you want at MoJoLaserPros.com  There have been a lot of imitators, but there's only OG – American Pride Roasters Coffee. It was first and remains the best roaster of fine coffee beans from around the world. You like coffee? You'll love American Pride – from the heart of the heartland – Des Moines, Iowa. AmericanPrideRoasters.com   Find great deals on American-made products at MoJoMyPillow.com. Mike Lindell – a true patriot in our eyes – puts his money where his mouth (and products) is/are. Find tremendous deals at MoJoMyPillow.com – Promo Code: MoJo50  Life gets messy – sometimes really messy. Be ready for the next mess with survival food and tools from My Patriot Supply. A 25 year shelf life and fantastic variety are just the beginning of the long list of reasons to get your emergency rations at PrepareWithMoJo50.comStay ConnectedWATCH The Daily Mojo LIVE 7-9a CT: www.TheDailyMojo.com Rumble: HEREOr just LISTEN:The Daily MoJo ChannelBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-daily-mojo-with-brad-staggs--3085897/support.

Join us at the North End of Pier 35 for a private tour of the SS Jeremiah O'Brien. See what Rosie the Riveter and Wendy the Welder helped create, and hear about the ship's fascinating history and the details of keeping a war machine's supply chains open and effective. Experience the ship as she was in 1943, tour her historic decks, and explore her engine room (powered by a functioning triple-expansion steam engine similar to the one used on the Titanic—and which was filmed in action by James Cameron for use in his 1997 movie). The Liberty Ship SS Jeremiah O'Brien, permanently docked at Pier 35, is a living museum of the Bay Area's crucial role in the massive production efforts required to equip the WWII Allies and keep them supplied under adverse wartime circumstances. Launched on June 19, 1943, from the New England Shipbuilding Corporation in South Portland, Maine, the SS Jeremiah O'Brien is one of the last survivors of the 2,710 Liberty ships that were built—and the only one that remains completely unaltered and fully operational. She carried troops and supplies across dangerous wartime seas, completing seven voyages to destinations as far-flung as Northern Ireland, India, Australia, and South America. She also made 11 crossings to the Normandy beachhead during the D-Day landings—a critical component of the largest seaborne invasion in history. In 1994, she journeyed through the Panama Canal and across the Atlantic Ocean to take part in the 50th anniversary of D-Day. She was the only Liberty ship— and the only vessel from the original invasion fleet—to return to the beaches of Normandy. Her voyage, widely celebrated in Europe and the United States, cemented her status as a symbol of courage, endurance and historical fidelity. And every year she still sails a few times on the Bay—always for May Memorial Cruise and for Fleet Week. A Humanities Member-led Forum program. Forums at the Club are organized and run by volunteer programmers who are members of The Commonwealth Club, and they cover a diverse range of topics. Learn more about our Forums. In association with the Liberty Ship SS Jeremiah O'Brien Foundation Organizer: George Hammond  Learn more about your ad choices. Visit megaphone.fm/adchoices

From space‑lab clean rooms to the inner universe of human awareness, my guest Todd R. LeBlanc has spent decades exploring both the frontiers of technology and the depths of consciousness. In this episode, we talk about his journey from seasoned space‑lab manager to author of The Book of Odd and his new project, The Book of Odd: Awakening. Todd explains why our greatest “technology” isn't rockets or AI, but awareness itself—our ability to live in the present moment, ask better questions, and recognize that “right now” is the only place we ever have any agency. We dig into what most people get wrong about time, the anthropic principle and our role as conscious observers, and why cultivating curiosity, gratitude, and critical thinking is more powerful than chasing status or stuff. https://youtu.be/j4cga5xSrRQ?si=FnUBXqWFik_RCERl You'll hear how Todd structures his days around meditation and writing before he gives any energy to his day job, why he believes we should “give our best self to ourselves” first, and how simple habits like journaling, reading, and daily reflection can lead to a quiet but profound awakening. We talk about seeing hidden wonder in everyday things—from toilets and soccer balls to the Panama Canal and public libraries—how to protect yourself from misinformation by strengthening your own mind, and why he thinks we're each just one line in a much larger language of existence carried through our DNA and culture. If you're ready to become more present, more curious, and more intentional with your one “flicker” of time, this conversation will give you both inspiration and concrete first steps. Resources: Todd R. LeBlanc on Linkedin The Book of Odd

Are we already in a global war—and just not calling it that? In this high-stakes episode, we break down the Pentagon's deployment of advanced laser defense systems aboard the USS George H.W. Bush and what it signals about the future of combat operations. We also examine escalating tensions involving China and Iran, including claims of missile support, satellite targeting, and proxy warfare in critical regions like the Red Sea and Strait of Hormuz. From strategic control of global choke points—like the Strait of Malacca and Panama Canal—to questions about nuclear capability and economic dominance, this episode explores whether the U.S. is already engaged in a broader geopolitical conflict. Featuring analysis tied to policies from Donald Trump and commentary from voices like Jesse Watters, we unpack the strategy, the risks, and what could come next.

Episode 178: Building the Panama Canal (a special episode for Emily Murrah) Thanks so much for listening to Real Cool History for Kids! If you and your family are enjoying this adventure, I'd love to invite you to keep the fun going. You can find even more stories, activities, and resources over on my website!  I'm also so excited to share that the first book in a brand-new story series, The Chronicles of Liberty, is on its way! Join Miss Agatha Liberty, a brave little mouse with a big love for freedom, as she discovers the stories she was meant to protect and learns from the wisdom found in the history-mice journals. It's a whole new way to experience the story of America—mouse-sized!  We've also created a brand-new community just for families like yours over on Facebook—come join us, share what you're learning, and connect with other history-loving kids and parents.. And don't forget to follow along on Instagram for behind-the-scenes peeks, fun history tidbits, and updates on new episodes. I'm so glad you're part of this adventure with us!

Term 2.0 is trending imperial as the US flexes financial and military muscle across the globe, from the Strait of Hormuz to the Panama Canal. While ceasefire headlines whipsaw market sentiment, Bitcoin is quietly decoupling from tech stocks and showing resilience against a backdrop of great power competition with China.

IRAN HAS decided to play red light, green light with the Strait of Hormuz. Less than 24 hours after President Trump announced the opening of the critical waterway, Iran declared it closed again. Further, two Indian flagged tankers reportedly came under fire from Iranian speedboats. This suggests that negotiations between the US and Iran over a peaceful resolution to Operation Epic Fury are simply a stalling tactic by the Iranian regime, perhaps counting on Democrats winning the midterm elections or even the 2028 presidential election. Given the way Presidents Biden and Obama willingly sent billions of dollars to Tehran, you can hardly blame them. We discuss the bind into which Iran has placed China, which gets up to 20% of its oil imports from the Islamic regime – at a deep discount because Iran has few buyers for its oil due to sanctions. This is exacerbated by China's loss of access to Venezuelan oil. As a result, China has had to suddenly ramp up its purchases of American oil to roughly $10 billion worth per month. In addition, the United States just signed a defense agreement with Indonesia. That nation sits on the west side of the cap, Strait of Malacca, a waterway even more critical to China's oil imports than the Strait of Hormuz. And to make things more interesting, American oil sails through the Panama Canal, which is now once again under American control, thanks to President Trump. In short, the United States now controls China's access to about 25% of its oil imports, and has military control over waterways through which about 80% of Chinese oil imports flow, for which the Chinese must now pay full price. This may be President Trump's way of responding to China's threats to control American access to critical rare earth minerals. We also discuss the corrupting influence of social media on sharing the gospel. Children now graduate high school so reliant on artificial intelligence that they literally don't see the need to read anything longer than a menu. So, reading the Bible is a concept that is completely foreign to them. Sharon's niece, Sarah Sachleben, is fighting stage 4 bowel cancer, and the medical bills are piling up. If you are led to help, please go to GilbertHouse.org/hopeforsarah. Follow us! X (formerly Twitter): @pidradio | @sharonkgilbert | @derekgilbert | @gilberthouse_tvTelegram: t.me/gilberthouse | t.me/sharonsroom | t.me/viewfromthebunkerSubstack: gilberthouse.substack.comYouTube: @GilbertHouse | @UnravelingRevelationFacebook.com/pidradio JOIN US IN ISRAEL! We will tour the Holy Land October 11–23, 2026 with an optional three-day extension to Jordan. For more information, log on to GilbertHouse.org/travel. Thank you for making our Build Barn Better project a reality! Our 1,200 square foot pole barn has a new HVAC system, epoxy floor, 100-amp electric service, new windows, insulation, lights, and ceiling fans! If you are so led, you can help out by clicking here: gilberthouse.org/donate. Get our free app! It connects you to this podcast, our weekly Bible studies, and our weekly video programs Unraveling Revelation and A View from the Bunker. The app is available for iOS, Android, Roku, and Apple TV. Links to the app stores are at pidradio.com/app. Video on demand of our best teachings! Stream presentations and teachings based on our research at our new video on demand site: gilberthouse.org/video! Think better, feel better! Our partners at Simply Clean Foods offer freeze-dried, 100% GMO-free food and delicious, vacuum-packed fair trade coffee from Honduras. Find out more at GilbertHouse.org/store/.

This week, we're sharing an episode from our friends at Code Switch. President Donald Trump says he wants the U.S. to take back control of the Panama Canal. The Canal has been dubbed the greatest engineering feat in human history. It's also (perhaps less favorably) been called the greatest liberty mankind has ever taken with Mother Nature. So how did we get here?Today on the show, we're talking to Cristina Henríquez, the author of the novel, "The Great Divide." Her book explores the making of the Canal. It took 50,000 people from 90 different countries to carve the land in two — and the consequences of that extraordinary, nature-defying act are still echoing through our present.You can subscribe to Code Switch here.Want to support our independent journalism? Join Futuro+ for exclusive episodes, sneak peaks and behind-the-scenes chisme on La Brega and all our podcasts. And, to celebrate the first year of Futuro+, from now through Sunday, April 12th go to futuromediagroup.org/joinplus and use code BDAY to get 20% off of Futuro+ yearly memberships! Hosted on Acast. See acast.com/privacy for more information.

After the French project to build a canal through Panama collapses in 1889 amidst disease and financial scandal, US President Teddy Roosevelt resolves to pick up where they left off. However, powerful interests in Washington are aggressively lobbying for a different route – not through Panama, but Nicaragua. As debate rages and backdoor deals are made, Panama becomes a lightning rod for controversy…and revolution.    SOURCES: Burton, Anthony. The Canal Pioneers: Canal Construction from 2500 BC to the Early 20th Century. Barnsley, UK: Pen & Sword Maritime, 2018. Charles River Editors. The Panama Canal: The Construction and History of the Waterway Between the Atlantic and Pacific Oceans. CreateSpace Independent Publishing, 2013. Diaz Espino, Ovidio. How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal. New York: Four Walls Eight Windows, 2003. Greene, Julie. The Canal Builders: Making America's Empire at the Panama Canal. New York: Penguin Press, 2009. Karabell, Zachary. Parting the Desert: The Creation of the Suez Canal. New York: Alfred A. Knopf, 2003. Keller, Ulrich. The Building of the Panama Canal in Historic Photographs. New York: Dover Publications, 1983. Lasso, Marixa. Erased: The Untold Story of the Panama Canal. Cambridge, MA: Harvard University Press, 2019. Lindsay, John. Emperors in the Jungle: The Hidden History of the U.S. in Panama. 2003. Lopez, Sean J. Chokepoint: The Epic History of the Suez Canal. New Haven, CT: Yale University Press, 2024. Marlowe, Elias. A History of Panama: Canal, Conquest, and Independence. Albuquerque: University of New Mexico Press, 2012. McCullough, David. The Path Between the Seas: The Creation of the Panama Canal, 1870–1914. New York: Simon & Schuster, 1977. Morton, Levi P. “No. 105. Mr. Morton to Mr. Frelinghuysen.” Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the President, December 1, 1884, U.S. Department of State Office of the Historian, 5 July 1884,https://history.state.gov/historicaldocuments/frus1884/d105 Parker, Matthew. Panama Fever: The Epic Story of the Building of the Panama Canal. New York: Doubleday, 2007. Learn more about your ad choices. Visit megaphone.fm/adchoices

2. Evan Ellis explains China's "lawfare" and economic pressure against Panama after port disputes. He describes the struggle for influence over the strategic Panama Canaland the demonstration of Chinese economic power. (2)1910

SCHEDULE JOHN BATCHELOR SHOW, THURSDAY 4-9-2016.1705 PERSIAN EMPIRE1. **Evan Ellis** discusses **Peru's critical presidential election** amidst severe political instability. He explores the **move to a bicameral legislature** and the strategic risks posed by **deepening **Chinese** influence** in mining and infrastructure. (1)2. **Evan Ellis** explains **China's "lawfare" and economic pressure** against Panama after port disputes. He describes the struggle for influence over the **strategic Panama Canal** and the **demonstration of **Chinese** economic power**. (2)3. **Evan Ellis** details **Venezuela's complex political transition** under Delcy Rodríguez following Maduro's removal. He highlights the **reopening of the oil economy**, the lifting of U.S. sanctions, and **budding signs of tourism**. (3)4. **Evan Ellis** reports on **Brazil's strategic rare earth minerals** and a U.S. deal to diversify supplies away from **China**. He also notes the **impending presidential election**, where polling shows **Lula and Bolson's son** neck-and-neck. (4)5. **Anatol Lieven** evaluates **NATO's internal divisions** over the Middle East crisis and potential reconstruction in **Iran**. He analyzes how **Russia and **China** balance priorities** while the U.S. considers **lifting sanctions for regional stability**. (5)6. **Anatol Lieven** analyzes **Prime Minister Keir Starmer's low approval ratings** and his party's fragmentation during international crises. He explores **Britain**'s **diplomatic balance** between public opinion and its **essential security alliance** with the **United States**. (6)7. **John Yoo** outlines the history of **birthright citizenship** and the 14th Amendment's goal to overrule *Dred Scott*. He details **Trump administration legal challenges** concerning illegal migration and the definition of **jurisdiction and domicile**. (7)8. **John Yoo** examines the landmark ***United States v. Wong Kim Ark*** case and the debate over "jurisdiction". He analyzes the **Supreme Court's oral arguments** and potential hurdles for the government's **narrow interpretation of citizenship**. (8)9. **Daniel Rood** connects **modern California cotton booms** to historical plantation capitalism and labor exploitation. He explains how **17th-century sugar production in Barbados** pioneered industrial agriculture, mass enslavement, and **racialized labor concepts**. (9)10. **Daniel Rood** explores the **history of plantations** as systems designed to exploit cash crops with high margins. He discusses the **unending cycle of boom and bust** and the **"shadow of the great house"**. (10)11. **Daniel Rood** examines **John Locke's legal influence** on racial slavery and the fiction of the "negro". He also analyzes **Bacon's Rebellion** as a driver for creating **concrete notions of racial superiority**. (11)12. **Daniel Rood** reveals the tragic fate of **thousands of black Loyalists** abandoned by the **British** at **Yorktown**. He details how the revolution solidified the **uncompromising southern plantation system** as a military strategy. (12)13. **Mary Anastasia O'Grady** analyzes **Mexico's organized crime crisis** and the 130,000 missing persons since 2006. She critiques President Sheinbaum's struggle to confront **alleged corruption within her own Morena party**. (13)14. **Jim McTague and Lance Gatling** discuss **soaring oil prices** impacting Pennsylvania and **Tokyo**. They examine **Japan's strategic petroleum reserves** and diplomatic efforts to **de-escalate Middle Eastern tensions** affecting energy security. (14)15. **Haym Benaroya** details **engineering lunar settlements**, focusing on rigid structures, inflatables, and lava tube cities. He explains the challenges of **utilizing local regolith** while protecting astronauts from **radiation and toxic dust**. (15)16. **Haym Benaroya** addresses the **psychological and physiological stresses** of low gravity, including bone mass loss. He outlines the importance of **crew screening** and the **projected 2040s-2050s timeline** for sustainable habitation. (16)

The Michigan Wolverines win it all, Eli Zaret back in-studio, a deadline for Iran, Howards Stern v. former assistant, Kanye West festival canceled, the latest with David Hasselhoff, and new photos of Michael Jackson being a creep. Eli Zaret joins the show to highlight the NCAA Champion Michigan Wolverines. We also discuss Donald Trump's plan for college sports, Tom Izzo's job prospects, complain about finding Tigers games on TV, Jason Benetti's many gigs, Audi Crooks domination, Geno Auriemma vs Dawn Staley, Tiger Woods wild week, Puka Nacua vs the Jews, Jaden Ivey's mental illness, check out some funny Trump quotes, the fall of the Red Wings, Tom Brady fatigue and much more. Iran: The Ayatollah is in bad shape. Trump wants to unleash hell tonight… but will he? Check out this massive explosion near the Panama Canal. Howard Stern and wife Beth are being sued by a former live-in assistant. Kanye West's Wireless Festival has been cancelled. Kim Kardashian and Lewis Hamilton are Instagram official. Savannah Guthrie is back and the competitors are ‘covering' it. Stephen Colbert is gone May 21st. Byron Allen is his replacement. The Michael Jackson estate is being sued. New pics of Michael Jackson and little boys (for some reason). David Hasselhoff is not looking to great these days. He looked great back in the day. SNL's Chloe Fineman was a mean camp counselor. Rumer Willis still breastfeeds her 3-year-old. Stop it. Blake Lively is losing her public battle against Justin Baldoni. She might end up losing her man. Meghan Markle and Prince Harry can't agree on parenting. Dabbleverse: Stuttering John Melendez is in a world of chaos lately. Check out his new GoFundMe. Merch is for sale! Buy it now before it's gone and you miss out forever. If you'd like to help support the show… consider subscribing to our YouTube Channel, Facebook, Instagram and Twitter (Drew Lane, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).

Introduction Welcome back to Impact Theory with Tom Bilyeu! In this episode, Tom dives into an action-packed rundown of global events and economic shifts that could make or break the future. We're starting off with breaking news: an American F15 Strike Eagle has been shot down over Iran, with its crew missing and a tense rescue mission underway—raising questions about U.S. air supremacy and the broader geopolitical stakes. We'll examine President Trump's latest announcements on tariffs, his controversial strategies in Iran, and how U.S. foreign policy is impacting global alliances—particularly as China weaponizes shipping lanes and the EU looks to sidestep American involvement in opening the Strait of Hormuz. You'll hear sharp commentary on California's spiraling fraud crisis, the risks and benefits of America's push toward isolationism, and the looming threats to crypto and the pharmaceutical supply chain—highlighted by warnings of the quantum computing revolution. We also unpack the escalating trade standoff with China around the Panama Canal, the philosophical battle between globalism and economic nationalism, and what it all means for the American middle class. Plus, listener questions, hot takes on innovation and regulation, and a dose of Friday funnies to round out a wild week. Strap in—this episode covers everything you need to know about the shifting tides of power, prosperity, and the future of entrepreneurship. Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactQuince: Free shipping and 365-day returns at https://quince.com/impactpodKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSumm: code TOMVIP20 for 20% off your first year at https://summ.com?via=tombilyeu&coupon=TOMVIP20Duck.Ai: Protect your privacy at https://duck.ai/impactBlinkist: Start your free trial at https://blinkist.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Introduction Welcome back to Impact Theory with Tom Bilyeu! In this episode, Tom dives into an action-packed rundown of global events and economic shifts that could make or break the future. We're starting off with breaking news: an American F15 Strike Eagle has been shot down over Iran, with its crew missing and a tense rescue mission underway—raising questions about U.S. air supremacy and the broader geopolitical stakes. We'll examine President Trump's latest announcements on tariffs, his controversial strategies in Iran, and how U.S. foreign policy is impacting global alliances—particularly as China weaponizes shipping lanes and the EU looks to sidestep American involvement in opening the Strait of Hormuz. You'll hear sharp commentary on California's spiraling fraud crisis, the risks and benefits of America's push toward isolationism, and the looming threats to crypto and the pharmaceutical supply chain—highlighted by warnings of the quantum computing revolution. We also unpack the escalating trade standoff with China around the Panama Canal, the philosophical battle between globalism and economic nationalism, and what it all means for the American middle class. Plus, listener questions, hot takes on innovation and regulation, and a dose of Friday funnies to round out a wild week. Strap in—this episode covers everything you need to know about the shifting tides of power, prosperity, and the future of entrepreneurship. Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactQuince: Free shipping and 365-day returns at https://quince.com/impactpodKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSumm: code TOMVIP20 for 20% off your first year at https://summ.com?via=tombilyeu&coupon=TOMVIP20Duck.Ai: Protect your privacy at https://duck.ai/impactBlinkist: Start your free trial at https://blinkist.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

When a Smithsonian archaeology intern opened a dusty box of bones in a Panamanian warehouse, she didn't expect to find a mystery, let alone a potential crime scene. But Nina Hirai's discovery of a tapir skull riddled with what appeared to be bullet holes sparked an investigation that would lead her several miles up the Panama Canal and nearly forty years into the past. Join us as we unspool the strange, unresolved story of a tapir named Alice, and ask what it means to live with uncertainty when the past refuses to explain itself.Guests:Nina Hirai, former archeology intern at the Smithsonian Tropical Research Institute Nicole Smith-Guzmán, archeology curator at the Smithsonian Tropical Research Institute Ashley Sharpe, research archeologist at the Smithsonian Tropical Research Institute Aureliano Valencia (“Yeyo”), archeological research technician at the Smithsonian Tropical Research Institute Phyllis (Lissy) Coley, professor emerita in the School of Biological Sciences at the University of Utah and research associate at the Smithsonian Tropical Research Institute  Monica Brenes Lynan, former veterinarian at Parque Municipal Summit in Panama Andres Ramos, lider de guardabosques del Monumento Natural Barro Colorado / head park ranger at Barro Colorado Island