Podcasts about pessimists

Our Global Head of Fixed Income Research Andrew Sheets and Chief UK Economist Bruna Skarica discuss why they see a more constructive UK outlook than markets do, despite energy, fiscal and political risks.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley. Bruna Skarica: And I'm Bruna Skarica, Morgan Stanley's Chief UK Economist. Andrew Sheets: Today, the debate around growth and debt in the United Kingdom. It's Wednesday, May 20th at 2pm in London. Bruna, I'm so glad you could join us today because I actually really did want to talk about what's going on here in the United Kingdom. I don't think it's an exaggeration to say that this is the country where you hear some of the strongest divergence of opinions. Pessimists point to political uncertainty, vulnerability to oil prices from the Strait of Hormuz, and rising bond yields. And yet, UK growth this year has been pretty good. Inflation is set to come down, and the currency's been pretty stable, hardly the stuff of big instability. So, Bruna, I was hoping you could help us set the scene. Let's start with how you see the economy. Bruna Skarica: I actually think your framing is perfect. For the past five years, there has been a striking divergence of opinion on the UK, which I do think mimics to a degree some of the divisions on the Bank of England's Monetary Policy Committee. The question really is – has the country underwent structural changes in the past decade of supply-side shocks such that its potential growth is very low, perhaps as low as 1 percent on the year. And has the inflationary process shifted in such a way that, for example, we need much higher jobless rate in order to generate enough economic slack to get inflation down to 2 percent? Or the other question is, has the UK just had a unique string of external shocks amplified perhaps by domestic policy choices, which mean that we have seen a prolonged period of low growth and high inflation – but again, without major structural changes. We are in the more constructive structural camp. I actually think that's probably Morgan Stanley's biggest out of consensus call in the UK. In recent years in particular, we have seen quite robust CapEx. And last year, actually very healthy private sector productivity gains. When you adjust for accurate labor market data, UK's private sector productivity growth is just under 2 percent as of the end of 2025, actually not too far off from the U.S. But for these good structural trends to persist and continue to improve, we do need a more supportive cyclical environment. And there, unfortunately, given the rise in oil prices, it's hard to be overly constructive about growth and inflation in the UK this year. We've downgraded our growth forecasts to around 1 percent over [20]26 and [20]27, and we have lifted our inflation projections by around 150 basis points at their peak to a peak of around 3.5 percent later in the year. Andrew Sheets: So, Bruna, how much does the price of oil or the price of natural gas matter for this outlook, especially as the Strait of Hormuz remains effectively shut? Bruna Skarica: It does matter a fair bit. We use Morgan Stanley's commodity team's forecasts in our own scenario analyses for the UK economy. Now, their base case still sees a gentle decline in oil prices this year, which leads to outcomes I've already mentioned. The activity flatlines from the second quarter, we have a rise in inflation from April onwards, but we don't have a recession. However, if we fail to see any movement lower in oil, and as you rightly pointed out, natural gas prices as well; or if we even saw a move higher over the summer, we do think that risks of a recession would be quite pronounced in the second half of the year. UK consumers are already in for a year of flat real disposable income growth. Higher prices of food and energy than in our base case could result in even lower discretionary spending growth than what we're already modeling. And if the Bank of England had to hike rates in this inflationary scenario, we think they would act twice in this kind of a scenario. We also have these tight financial conditions which would weigh on household spending. Andrew Sheets: So, Bruna, I think that's a great segue into that out-of-consensus call that we have on the Bank of England. You know, the market is expecting the Bank of England to raise interest rates. We think that they'll be on hold. And if you take a step back, it's a view that, kind of, puts the UK and the Bank of England a little bit between the Federal Reserve, which we think is going to be lowering rates over the next twelve months modestly, and the European Central Bank, which we think will raise rates in the near term. Could you talk a bit more about why you think it will remain on hold? And why you differ from what the market's seeing? Bruna Skarica: Yeah, absolutely. So, in our base case, the one where we do see a bit of a decline in oil and gas prices over the course of this year, we think the Bank of England remains on hold. It's important to remember that they were about to cut rates, prior to the closure of the Strait of Hormuz. So, there is a bit of restrictiveness there in the starting stance, which we think can just be maintained for a longer period of time than would've otherwise been the case. And so, for the Bank of England to avoid having to tighten rates. Now, with respect to the market, I think it's fair to say that the market price is a probability-weighted outcome, where there is some chance, a non-negligible one, that the Bank of England will have to hike rates aggressively if oil prices were to rise from here. To give you a bit of clarity here, bank's own analyses suggests that in a scenario where oil prices were to rise towards $130 per barrel and stay there for a few months, the bank could hike rates by four times. Now, it's interesting that in this scenario, the bank actually doesn't forecast a recession. Now, we think that in the case of such elevated commodity prices, as I've already mentioned, we would certainly see high inflation, potentially as high as 6 percent, but also recessionary impulses. So, even in the scenario of elevated oil prices, we think the bank could only deliver around two hikes. And so, this kind of probability-weighted outcome that we have, which differs a little bit from our model case, even that is actually fairly lower than what the market is pricing. So, I think that's maybe one of the main differences that we have versus the market. The market is expecting a repeat of 2022, so elevated inflation with growth just about holding on. We disagree that's possible because there's far less scope for a fiscal response to shield growth from an inflationary external shock. Andrew Sheets: But Bruna, maybe I'll take even a bigger step back here because to borrow a British phrase, it almost seems like some of these debates over oil prices are kind of small beer compared to these two big questions around the UK. Which are, you know, concerns over a lack of productivity growth and concerns that the UK economy is just, kind of, poorly positioned over the long term – especially in the wake of Brexit and concern over the fiscal situation. And this idea that, well, government debt is historically high for the UK, concern that that will continue. And I think it's no exaggeration to say that when you talk to investors about the UK, those are often, kind of, two of the big questions that hang over the debate. So, your brief thoughts on both of those issues. And again, where you think the market might be potentially surprised? Bruna Skarica: So, one of the most interesting things when I talk to clients is when I mention some of these statistics around measured cyclical productivity growth last year, they're often very, very surprised. And we do think it's more important to talk about this because there is evidence, I would say nascent evidence, that UK is benefiting from the AI tailwind. We are seeing more CapEx adoption. We are seeing slower hiring, but more resilient growth, which, as I say, results in cyclical productivity growth that looks very robust, especially in UK's historical context. In the last ten years, of course, UK's productivity growth has been very lackluster. So, over the course of this year, I think that's actually my primary focus to see how much of this uplift in productivity last year is cyclical and perhaps will dissipate over 2026 with the slowdown in growth. And how much of it was actually structural. Now, in terms of the fiscal question, you know, one thing that's interesting to mention is the UK is, per IMF calculations, in the middle of the most severe fiscal consolidation amongst its G7 peers. Medium-term fiscal plans deliver a decline in deficit to below 2 percent of GDP by 2030. Again, this is hard to square with gilt yields where they currently stand. So, it's fair to say that the market is just more focused on the risks of delivery. For example, departmental spending settlements look challenging to deliver. Ministry of Defense is looking for a [£]30 billion top-up to its budgets. Labor backbenchers have recently come out seeking for a bit more capital expenditure. Political volatility is high. We are actually quite confident around our 2026 fiscal forecasts. We're looking for a deficit at 4 percent. But when it comes to 2027, I think it's fair to say that risks here really depend on the political trajectory with risks skewed, I think, towards a slightly higher deficit than around 3.5 percent, which we have in our base case. Andrew Sheets: But Bruna, just to be very direct, is it fair to say that for investors who are very concerned about productivity growth in the UK, you'd argue that that actually could be a bit better than people are expecting as capital deepens? And that for investors afraid of the fiscal trajectory, that actually could be one of the best fiscal trajectories In the G7? Bruna Skarica: Yeah, absolutely. I mean, one of our recent outlook titles was “Everything is Relative,” and that's exactly the point that we always try to make with the UK. It seems like it has a lot of idiosyncratic fiscal problems, but I would say a lot of its fiscal challenges are very similar to other DM countries – demographic aging, slowing in potential GDP growth. And when it comes to productivity growth, I'm not trying to argue that we're likely to see UK's potential GDP growth in excess of 2 percent anytime soon. However, we do think that the picture is actually much better in terms of productivity growth than perhaps what the average market participants think is the case. Andrew Sheets: Finally, Bruna, just a word on politics. I'm mindful that we have a global audience. And for those less steeped in the latest UK news, what's been happening? And what are the developments that investors are watching out for? Bruna Skarica: Yeah, absolutely. So, we had local elections in the UK in early May, and they delivered quite sizable losses for the governing Labour Party. Since then, a number of Labour MPs, Members of Parliament, just under 100 of them, called on Prime Minister Starmer to resign. Now, challenging a Labour leader and a prime minister in this case is not an easy process to trigger.However, Manchester Mayor Andy Burnham is now looking to enter the House of Commons. He will be contesting a by-election, most likely on June 18th. I would say that's the key date to watch out for from here. Andy Burnham has previously said UK politicians should be less focused on the bond market, but perhaps it's worth reiterating. More recently, he said he supports the current fiscal rules, which of course require debt-to-GDP ratio to be on the declining trajectory over the next five years. Now, Andrew, for you, what stands out in the pricing of the UK story? Andrew Sheets: Well, Bruna, I really think this is the country where across everything that we look at, there's the biggest gap, I think, between kind of conventional wisdom and what we at Morgan Stanley are forecasting.The market's conventional wisdom is that productivity growth is going to be very weak and very bad. That's not what you see in the numbers and is in our forecast. The market thinks the government finances are very weak. As you mentioned, relative to the G7, they're on a pretty good trajectory and at a pretty good level. And I think this is also a market where you have some interesting risk premium. I mean, again, we talk a lot in this podcast about how little risk premium there is in a lot of different asset classes. That's not the case in the UK. The government bond market, in our view, is offering a lot of risk premium to take on the risk of owning the government debt. And, you know, one example of that is, you know, you look at what interest rate is implied on a UK 10-year government bond 10 years from now. It's implying that yield is 6.6 percent. That's a very high yield, especially if you think that growth is going to be weak in this country. So, I think it's a really interesting macro story. It's one certainly where we at Morgan Stanley differ, and where there's some risk premium on offer. So, I'm so glad you could join us today to dig into it in more detail. Bruna Skarica: Absolutely. Thank you so much for the invite. Andrew Sheets: And thank you as always for your time. If you find Thoughts on the Market useful, let us know by leaving a review wherever you listen. And also tell a friend or colleague about us today.

Die Nervosität an den Börsen steigt: Die Renditen für Staatsanleihen klettern auf Mehrdekadenhochs, geopolitische Krisen treiben den Ölpreis, und der Markt hängt am Tropf weniger Tech-Giganten. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz diskutieren, ob Nvidia, OpenAI & Co. schon die nächste große Finanzblase bilden oder ob der Boom fundamental besser abgesichert ist als zur Jahrtausendwende. Es geht um Bond-Vigilantes, die gefährliche Illusion des "This time is different", überhitzte Tech-Wetten, zirkuläre KI-Deals, Private-Equity-Risiken – und die Frage, wie Anleger jetzt ihr Depot wetterfest machen.

It's easy to sound intelligent by pointing out problems, predicting failure, or assuming the worst. But over time, I've noticed something important: the people who consistently create opportunities, build momentum, and achieve meaningful results tend to approach life differently. In this video, I talk about the tension between pessimism, realism, and optimism—and why I believe optimism is far more powerful than most people give it credit for. This isn't about ignoring reality or pretending challenges don't exist. It's about understanding that mindset shapes action, and action shapes outcomes. We also explore the daily practice of optimism, how realism fits into the conversation, and why the way you think influences far more than just your attitude. It impacts your decisions, your energy, your leadership, and ultimately your results. If you've ever wondered whether optimism is naive—or actually a competitive advantage—this conversation is for you.

Die Börsen zittern trotz starker Bilanzen: Der Iran-Krieg treibt den Ölpreis, die Zinsen steigen auf Mehrjahreshochs – und Trumps China-Besuch bleibt weit hinter den Erwartungen zurück. Warum Taiwan zum unterschätzten Risiko für den KI-Boom werden könnte, Europa beim neuen G2-Poker nur zuschaut und Infineon plötzlich wieder zur großen Halbleiter-Hoffnung wird. Wer zu 500. Folge eine Erfahrung beisteuern möchte, schickt eine Sprachnachricht an wirtschaftspodcast@welt.de. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Der Immobilienmarkt sendet wieder Lebenszeichen – doch ist das schon der nächste Aufschwung oder nur eine fragile Stabilisierung? Dietmar Deffner und Holger Zschäpitz streiten über Betongold, steigende Zinsen, Demografie, Mietmarkt-Irrsinn und die Frage, ob Immobilien noch als Geldanlage taugen. Dazu: Warum der Chip-Boom verdächtig nach der Dotcom-Blase von 2000 riecht, was Hollywood-Star Brad Pitt bei einem Berliner Neo-Broker macht, warum der MSCI Emerging Markets zu 46% aus Taiwan und Südkorea besteht, ob China-Aktien vor dem Trump-Besuch eine Idee sind und warum eine „Stasi-Lektion“ der beste Schutz gegen moderne Daten-Sorglosigkeit ist. Ein wilder Ritt vom Koga-Miyata-Rennrad bis zur großen Immobilien-Wette! Wer zu 500. Folge eine Erfahrung beisteuern möchte, schickt eine Sprachnachricht an wirtschaftspodcast@welt.de. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Read the show notes and full transcript on our site: growyourcreditunion.com Your team is not underperforming because they are lazy. They are underperforming because they stopped believing that what they do changes anything. That is not a motivation problem. It is a leadership problem. And it has a fix that does not involve a single town hall or strategy deck. In this episode of Grow Your Credit Union, host Joshua Barclay and co-host Becky Reed welcome Monica Meyerand, VP of Community Impact and Partnerships at OneAZ Credit Union, to discuss what to do when your team stops believing their actions matter, why succession planning keeps failing at the board level, and whether credit unions should be going narrower not broader to stay competitive.

Jubiläum beim Glotzcast Deffner und Zschäpitz: In der 100. TV-Ausgabe streiten Bulle und Bär über die gestoppte 1000-Euro-Entlastungsprämie, politische Schnapsideen und die Frage, wie der Staat wirklich für mehr Geld im Portemonnaie sorgen könnte. Außerdem: Warum Hochtief vom KI-Boom profitiert, GameStop sich mit Ebay verhoben hat – und ob Trump, China und Nahost den Dax in der kommenden Woche nach oben oder unten treiben. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In dieser Folge ist das dynamische Duo Dietmar Deffner und Holger Zschäpitz wieder vereint – zumindest virtuell! Während Defffner noch den Geschmack von Tortellini di Ragù auf der Zunge und den Rhythmus der venezianischen Gondeln im Blut hat (für stolze 90 Euro die halbe Stunde!), berichtet Zschäpitz direkt aus dem Auge des Marketing-Sturms: von der OMR in Hamburg. Die Themen im Überblick: Italien-Update: Warum die italienische Bahn der Deutschen Bahn meilenweit voraus ist und weshalb die Campari-Aktie trotz „Spritz-Trend“ im roten Bereich dümpelt. OMR-Check: 67.000 Menschen, 590 Euro Eintritt – und trotzdem kein richtiges WLAN? Wir blicken mit der Investorenbrille auf die Marketing-Messe: Was taugen die Prognosen von Scott Galloway wirklich? Der Bulle der Woche: Wasserstoff-Power für die Verteidigung oder die Rückkehr zur Authentizität in einer KI-inflationierten Welt? Der Bär der Woche: Warum Deffner sein Magenta TV nach Jahren kündigt (Spoiler: Ein grottiger Chatbot ist schuld) und warum bei einem tschechischen Rüstungsriesen die Alarmglocken schrillen. Das Hauptthema: Ein Jahr neue Bundesregierung. Ist es eine Bilanz des Aufbruchs oder nur „Stagnation auf Pump“? Wir diskutieren über Investitionsbooster, den Iran-Krieg und die Frage, warum der Kanzler seine Worte manchmal nicht im Griff hat. Hört rein, wenn es wieder heißt: Bullen, Bären und die harte Wahrheit über euer Geld! DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Diese Woche wird improvisiert – und zwar hochkarätig: Während Dietmar Deffner entspannt durch Venedig gondelt, übernimmt Pip Klöckner das Mikro. Gemeinsam mit Holger Zschäpitz analysiert er den KI-Hype, den Machtkampf zwischen OpenAI, Microsoft und Anthropic – und erklärt, warum die nächsten Börsengänge alles verändern könnten und wieso schon zwei Stunden ChatGPT messbar Hirnareale schrumpfen lassen. Außerdem verrät Pip, welche KI-Modelle er privat abonniert hat, warum Jobs doch nicht so schnell verschwinden wie gedacht – und was hinter dem Milliarden-Spiel von SpaceX steckt. Dazu: Ein Vorgeschmack auf Pips mit Spannung erwartete OMR-Präsentation von der HBO-Bühne mit 120 Slides in 50 Minuten und das stille Begräbnis von Aleph Alpha bei Cohere. Plus: Holgers Lebensphilosophie zwischen DDR-Improvisation und der entscheidenden Frage seiner Bonner Tante – und Bulle/Bär zwischen Anthropic-Boom und Chinas Demografie-Schock. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Hello Interactors,It's been a while. Traveling for family, and a bit flooded by the relentless sneaker waves of unsavory world events — the kind that usually inspire me to write but lately threaten to pull me under.Spring in the northern hemisphere means Interplace turns to geographic information science and spatial analysis. How might we look at the complex unfolding of world events through this lens — and what happens when we push it further than emergence alone can carry it? That's what I attempt to explore here.PATTERNS PRECEDING PHYSICAL PLACESGeographic information science is a relatively recent field. It emerged from mid-20th-century cartography and land-use planning. Computer cartography and quantitative geography of the 1960s is often considered the first true digital Geographic Information Systems (GIS). It became a science (GIScience or GISc) in the late 1980s and early 1990s when Michael Goodchild questioned if there was a genuine scientific discipline lurking within the software.His answer was yes. He built an institutional home for that argument at the National Center for Geographic Information and Analysis at the University of California, Santa Barbara, my alma mater. Goodchild was my senior advisor in 1989 as UCSB was becoming a generative intellectual hub in the field. UCSB's geography department continues to push the question of what space means analytically, not just how to map it. I'm personally invested in better understanding how GISc may be a natural partner for complexity science, a field I've been attracted to since I started researching and writing.This partnership isn't new. GISc provides a powerful framework for dissecting the spatial dimensions of complexity, where systems defy reductionist analysis and emerge through nonlinear interactions. In the early 2000s, geographer David O'Sullivan, and others, articulated this as the study of “the behaviour of macroscopic collections of many basic but interacting units endowed with the potential to evolve in time” emphasizing these characteristic elements of complexity science: self-organization, path dependence, and the irreducibility of wholes to their parts. Around the same time, sociologist John Urry (and others) extended this to global scales, portraying globalization as co-evolving systems marked by unpredictability, irreversibility, and positive feedback loops that amplify disorder within pockets of order.These parings are a good start, but computational biologist Michael Levin offers what can be seen as a genuinely unsettling upgrade. His recent work on the origin of cognitive and morphological patterns suggests the dominant appeal to emergence as an explanatory endpoint may itself be, in his words, a “mysterian” position — one that “does not facilitate further advances.” When a surprising pattern appears in a complex system, the emergentist says “that's just what happens” and catalogs it.But Levin proposes these patterns are not random facts to be noted and admired. They are part of an ordered, non-physical space that physical systems, when configured the right way, ingress into. Ingression is a term Levin borrows from mathematician Alfred North Whitehead as a potential that timeless abstract objects possess to become actual concrete experiences. “Red” only becomes red when its potential is realized. These ‘ordered spaces' of potential are portals into what Levin calls a Platonic Space. Plato argued that the objects we encounter in the world are imperfect instances of perfect, eternal Forms that exist independently of any physical thing. The most primitive form being the triangle. Levin's argument is the triangle participates in a kind of Triangleness; it realizes it's potential to exist.Nature keeps arriving at triangles independently, across wildly different substrates, as if drawn by the same attractor. The triangle is the only polygon that is inherently rigid: push on any corner and the shape holds, which is why trusses, bridges, and bones all rely on triangular geometry for structural strength. Radiolarians, single-celled ocean organisms with no brain and no blueprint, construct intricate skeletal lattices of triangulated geometry at microscopic scales.In Levin's terms, nature is ingressing Triangleness — repeatedly, across billions of years and countless lineages — because the Form has properties that reward any physical system stable enough to express it. The truth that a triangle's angles sum to exactly 180 degrees owed nothing to the first organism that built one.Physical systems are, in this sense, less like containers and more like pointers — a term borrowed from computer science. Pointers are variables that hold the addresses that reference more information. Levin's framework requires a specific kind of pointer: not a pointer to stored data, which retrieves a static value, but a pointer to a subroutine that calls up a routine that executes complex actions and outputs beyond the pointer itself. The pointer is small, while the executed routine may be vast and behave unpredictably.Think of a street address. The address itself contains nothing — it is a short string of numbers and words that fits on an envelope — but hand it to the right system and it retrieves a house, a history, a neighborhood, everything that has ever happened inside those walls. This is Levin's claim about physical structures. A genome, a city, an institution doesn't contain its pattern so much as it points at one — and when the pointer is well-formed, you get considerably more out than you put in.What does this mean for GISc? It means that spatial configurations — cities, borders, trade corridors, migration routes — are not merely sites where local interactions produce global outcomes. They are interfaces into a latent pattern space. When a hub city emerges, when a colonial border persists for centuries past the empire that drew it, when a pandemic spreads exactly along the topology of air travel, we are not only witnessing the consequential mechanical emergence of patterns derived from local rules. We are watching physical structures act as pointers that summon — ingress — specific patterns of collective behavior, whose full complexity exceeds what was put in. Levin's core observation about biological morphogenesis translates here with uncomfortable precision.Consider one of his more unsettling tadpole experiments. The creation of its normal bulging eyes are suppressed (by microscopically manipulating cellular ‘software') and a replacement eye is instead induced — ingressed — on the tail. The optic nerve growing from that tail-eye doesn't connect to the brain — it terminates somewhere around the spinal cord. By any conventional account, the animal should be blind. It isn't. The tadpoles can still see and perform well in visual tasks. Somehow, the system routes around its own abnormal wiring to recover function. The pattern being pointed to — sight — was never housed in the eye itself, or in the specific neural pathway, or in any single component. The eye on the tail is a wildly improbable pointer, and yet it retrieves something far richer than its own structure contains. You get considerably more out than you put in.Some GISc tools — like agent-based models or network analysis — already detect this excess in a geography context. A single infected traveler tips a system toward chaos not because of arithmetic addition of local interactions described in the GISc analysis, but because that traveler's position in a network acts as an interface to a pattern of contagion whose scope was latent in the structure all along. The “geographic advantage” O'Sullivan, and crew, describes — GISc's relationship to multi-scalar processes and human-environment couplings — is, in Levin's vocabulary, a sensitivity to how physical arrangements act as pointers into a rich space of possible collective behaviors.This reframes world events not as linear narratives but as navigations of morphospace — the full landscape of forms a system could take, where some configurations are reachable and others are not, and where attractors pull trajectories toward specific patterns regardless of starting conditions.What pattern are current geopolitical configurations pointing toward? What is being ingressed by the particular architecture of today's global institutions, communication networks, and urban densities? While GIScience sharpens our sight on outcomes, it leaves uncharted the deeper question of what is the shape of the latent space these material forms slip into.BORDERS STORE WHAT BODIES KNOWLevin's work suggests at every scale of organization, we are dealing not with mechanical aggregation but with collective intelligence. To understand what he means by that, it helps to borrow an image from Einstein.Because nothing travels faster than light, any event you could possibly influence — or that could possibly influence you — is bounded by how far light could travel in the available time. Draw that boundary in spacetime and it forms a cone. Everything inside it is causally reachable, everything outside it is not. Levin borrows this image to describe the reach of any cognitive agent. A single cell's light cone is tiny — it can only sense and respond within its immediate chemical neighborhood, over milliseconds. A brain's light cone is vastly larger — it can model consequences years out and coordinate behavior across great distances. The cone is simply a measure of how far an agent's agency actually extends. And just as the body is a nested hierarchy of such agents — molecular networks, cells, tissues, organs — each operating within its own cone, pursuing goals whose scale its parts cannot perceive, so too is human society.A city is not simply a dense clustering of individuals whose local interactions produce urban dynamics. It is, in Levin's sense, a collective intelligence with a cognitive light cone that vastly exceeds that of any constituent. It pursues goals (economic growth, defense, habitability) across spatial and temporal horizons no individual cell — or individual person — can access. Institutions, legal codes, infrastructure, and cultural norms function as bioelectric memory — rewritable pattern memories that store the target morphology of the social body and guide error-correction toward it. Colonial borders, or the Great Wall of China, persist not merely through inertia but because they function like historic bioelectric setpoints. That is, they encode a spatial pattern that downstream processes continuously re-instantiate, even after the circumstances that produced them have dissolved.Levin's planarian flatworm experiments demonstrate this in biology. When bioelectric circuits are disrupted, the worm grows heads of other species — without any change to its genome. The pattern being expressed was latent in the space of possible forms, and a change in the interface (the bioelectric circuit) changed which pattern was ingressed. Geopolitical history offers analogies. How much of what we call a nation-state's “character” is not in its people but in the pattern stored in its institutional circuitry? When those circuits are disrupted — by revolution, invasion, or collapse — new patterns rush in from the adjacent possible, sometimes from regions of the latent space that are recognizable, sometimes shockingly novel.Pandemics also embody this scalar nesting. Viral replication is a molecular-scale process; its spread is topologically determined by the network of global mobility; its political consequences are mediated by institutional pattern memories about sovereignty, solidarity, and resource allocation. The COVID-19 pandemic did not merely “emerge” — it ingressed a set of patterns whose latency was already encoded in the physical architecture of 21st-century globalization. Competitive resource hoarding and cooperative vaccine-sharing were not just policy choices but different attractors in a landscape of a kind of “social morphospace”, pulling collective behavior toward different setpoints.GISc tools (like spatial game theory and network percolation models) map the surface of these landscapes. But Levin's framework asks us to go further. He wants us to not just map the attractors, but to ask what structured space those attractors are features of, and whether that space can be systematically explored.The scalar interplay extends outward. Local ethnic tensions, mapped via GIS hot-spot analysis, interact with what social theorist Zygmunt Bauman might term “global fluids” — arms, money, diasporas — to produce cascades that reflect not random chaos but path-dependent trajectories through a space of historical patterns. History's “nightmare on the brain of the living” becomes, in Levin's terms, a pattern-memory etched into the social substrate. Territorial borders, attempted genocide, human displacement are held as bioelectric setpoints, where trauma lingers as a morphogenetic field, quietly organizing the tissue of the present long after the original wound.MAPPING WHAT MATTER MERELY MISSESComplexity science, via GISc, forecasts world events as probabilistic landscapes rather than deterministic paths. Urry describes global systems as “adapting and co-evolving,” with attractors drawing trajectories amid chaos. GISc simulates this through fitness landscapes like agents navigate peaks and valleys of viability, local adaptations generating global patterns like economic booms or institutional collapses.Levin's framework intensifies this picture in two ways. First, it insists that the attractors are not randomly distributed. The latent space of possible social patterns — like the latent space of morphogenetic outcomes — has structure. Evolution, as Levin argues, progresses rapidly precisely because the space has “a relatively smooth character” in which “past interactions with it carry non-trivial information about the adjacent possible.” The same may be true of cultural and institutional evolution. The reason certain forms of governance, urbanism, or economic organization recur across independent civilizations is not purely because of convergent environmental pressures, but because they represent attractors in a structured space of collective intelligence patterns that sufficiently complex social interfaces tend to ingress.Second, and more provocatively, Levin's framework suggests that we do not simply make the social forms we inhabit. We invite patterns to temporarily inhabit our collective embodiments. To see why, consider one of his most uncontroversial and disarming experiments. Levin's lab studied simple sorting algorithms — the kind computer science students have used for decades. These are short deterministic procedures that take a jumbled list of numbers and rearrange them into sequential order. Nothing mysterious here but made for many an interview question at Microsoft!When Levin's team visualized the algorithm's progress as a movement through an abstract sorting space, unexpected behaviors emerged that nobody had noticed in all those decades of use. When the algorithm encountered a number that refused to move — a piece of broken data blocking its path — it didn't simply halt. It temporarily de-sorted the rest of the array, moved things around the obstruction, and then recovered its progress. It was exhibiting something resembling delayed gratification — the capacity to temporarily move away from a goal in order to reach it more completely later. Like a soccer player kicking the ball backwards to advance it forward.This ability was not written into the algorithm. Nobody put it there. Then, when the team ran a distributed version where each number ran its own variant of the algorithm, numbers sharing the same variant spontaneously clustered together — a kind of social behavior, emerging without a single line of code instructing any number to notice or prefer its own kind. The algorithm was doing something it was never designed to do, and had been doing it, unobserved, for decades.Now, imagine a democracy is not constructed from scratch by rational agents but an interface that, when configured appropriately, ingresses a pattern of distributed decision-making whose properties exceed what any designer or participant imagined or specified. Cities, constitutions, and international institutions become pointers. The patterns they summon may even surprise their architects — and may have been quietly surprising them and us all along.This has immediate consequences for how GISc could approach attempts at predicting futures. For example, prospective spatial modeling — Markov chains, scenario planning — maps the probability surface of possible trajectories. But a Levin-inflected GISc would ask this: what new pointers are being constructed right now, and what regions of the latent pattern space are they configured to access?The answers could become bewildering in a world of AI-mediated governance, hybrid human-machine urban systems, and the synthetic biological constructions Levin's team pursues. These are vehicles of exploration into regions of Platonic space we have not navigated before. “We are now fishing in regions of Platonic space we have never explored before,” he writes — with implications not only practical (”what will it do to us”) but ethical (”how do we fulfill the opportunities and duties of an ethical synthbiosis with beings who are not quite like us”).For GISc, this need not be merely philosophical. Spatial planning and governance literally configure the physical interfaces through which collective intelligence patterns are ingressed. Urban density fosters certain attractors of solidarity and innovation while sprawl ingresses different ones. Green civic infrastructure designed to buffer floods mechanically also reconfigures the relationship between human settlement and ecological pattern space which invites a whole different class of emergent resilience. The question is no longer only “what will happen here, probabilistically” but “what are we building a pointer toward?”Fatalists may see the latent space as already barring our options. Pessimists will amplify the risks of novel pointers we cannot control. Realists might attempt to quantify via more Monte Carlo simulations. And techo-optimists may try to engineer and configure interfaces to access and profit from whatever attractors emerge. But what I like most of all about Levin's framework is that it offers something more nuanced than any of these: structured humility. We do not know the full topology of the space we are pointing into. Every new city, every new institution, every new technological architecture is, in some sense, a bioengineering experiment — and like Levin's Xenobots and Anthrobots, it may manifest competencies and patterns nobody designed or predicted.If Levin's intuition is correct, we are but temporary self-organizing forms that hold together for a time, perform actions that exceed their physical composition, and then yield to the impermanence built into any pointer's relationship with the patterns it accesses. Humility does feel like the appropriate response. But more importantly, the recognition that mapping the structure of the space we are ingressing into is, at this moment, among the most important things we could do.The information embedded in Geographic Information Science has the potential to demystify fatalism, especially when death's certainty yields to spatial agency. Levin reminds us that information, at its Latin root, means to give form — to in-form. That is what geographic information has always done, long before it became a science. It did not merely transmit data, but impose structure on space, render the implicit geometry of human existence legible and actionable. Every map is an act of in-forming. The world is no doomsday script, but a co-evolving field — its attractors mappable, its interfaces legible, its vectors steerable — if we aim with care, with intent, and with the humility to know what we summon may exceed what we design.REFERENCESLevin, M. (2025). Ingressing minds: Causal patterns beyond genetics and environment in natural, synthetic, and hybrid embodiments. PsyArXiv. O'Sullivan, D., Manson, S. M., Messina, J. P., & Crawford, T. W. (2006). Space, place, and complexity science. Environment and Planning A: Economy and Space.Urry, J. (2003). Global complexity. Polity Press. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit interplace.io

Eine Bärenwoche für den Dax, ein Ölpreissprung von 18 Prozent und ein Ifo-Geschäftsklima auf dem tiefsten Stand seit Mai 2020: Deutschland gerät wirtschaftlich wieder unter Druck. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz diskutieren, warum die USA trotz gleicher Krisenfaktoren robuster wirken, weshalb der Tankrabatt aus ihrer Sicht das völlig falsche Signal setzt und was jetzt passieren müsste, damit Unternehmen und Verbraucher wieder Vertrauen fassen. Außerdem: ein Hoffnungsschimmer bei SAP, neue Sorgen um Beiersdorf und der Börsenausblick für die kommende Woche. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In Episode 491 tauchen die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz tief in die Welt der Finanzen und persönlichen Prägungen ein – von Lurchis „Kostnix-Comics“ bis hin zu knallharten Marktanalysen. Im Mittelpunkt steht der große Broker-Vergleich: Die beiden Hosts teilen ihre individuellen Erfahrungen mit Trade Republic, Scalable Capital, Smartbroker & Co. Wer bietet die besten Zinsen, wo ist der Kundenservice wirklich „human“ und welcher Anbieter punktet bei Effektenkrediten für mutige Anleger? Außerdem in dieser Folge: Geopolitischer Nervenkrieg: Wie die Lage an der Straße von Hormuz den Ölpreis und die globalen Märkte beeinflusst. Bullen & Bären: Holger präsentiert mit THG eine Aktie mit „Furz-Faktor“ und erklärt das Potenzial hinter dem Nutrition-Trend. Dietmar analysiert den Tencent-Einstieg bei der Super-App Kaspi und warnt beim Fahrdienst Grab vor geopolitischem Gegenwind Staatskritik & Reformstau: Eine deutliche Abrechnung mit dem „Tankrabatt“ und dem ausufernden Sozialhaushalt. Apple im Wandel: Was der Chefwechsel für die Hardware-Strategie des Tech-Riesen bedeutet. Egal ob Basisinvestment oder Zockerdepot – hier erfahrt Ihr, wie Ihr Euer Leben finanziell selbst in die Hand nehmt. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Nur noch 10 Prozent aller Personenkilometer in Deutschland werden per Schiene zurückgelegt. Das Schienennetz ist seit den Nullerjahren um 12 Prozent geschrumpft – während gleichzeitig das Verkehrsaufkommen auf der Schiene um bis zu 50 Prozent gestiegen ist. Wie konnte das passieren? [Werbung] „Was wir meinen, wenn wir Hoffnung sagen" – ein Sammelband mit Essays von Marc-Uwe Kling, Marina Weisband, Cornelia Funke, Raúl Krauthausen und vielen anderen. 208 Seiten, 19 Euro, oekom Verlag. Dirk Flege ist seit 25 Jahren Geschäftsführer der Allianz pro Schiene und kennt die Geschichte der deutschen Eisenbahnpolitik von innen. In dieser Episode sprechen wir über die Börsenbahn-Ära unter Hartmut Medorn, den systematischen Abbau von Infrastruktur für kurzfristige Kosteneinsparungen und die Frage, warum Österreich und die Schweiz beweisen, dass es auch anders geht. Außerdem: Was bedeutet es, dass die Deutsche Bahn eine Aktiengesellschaft ist, deren einziger Eigentümer der Bund ist? Warum zahlt der Nachtzug Trassengebühren, während das Flugzeug keine Kerosinsteuer zahlt? Und was wäre die eine Sache, die die Politik morgen tun könnte, wenn sie es wirklich wollte? Dirk ist kein Pessimist. Aber er ist ehrlich. Und das ist wichtig. [Werbung] Berufsverkehr. Nieselregen. Die sich plötzlich öffnende Autotür. Genau hier greift das Bosch eBike ABS. Es verhindert das Blockieren beim abrupten Bremsen – du bleibst kontrolliert, stabil, lenkfähig. Die Bosch Unfallforschung ist eindeutig: Mit ABS an allen Pedelecs könnten bis zu 29 % der Unfälle abgemildert oder verhindert werden. Bosch eBike ABS. Bremst dein Bike, nicht deinen Flow. Mehr Infos: bosch-ebike.com/abs Themen dieser Episode Geschichte der deutschen Eisenbahn: Vom dominierenden Verkehrsmittel zur Nische Die Börsenbahn-Ära: Was kaputt gemacht wurde – und warum Deutsche Bahn AG: Staatsbetrieb oder Aktiengesellschaft – oder beides? Deutschlandtakt: Eine Vision und wie sie lächerlich gemacht wurde Österreich und Schweiz als Positivbeispiele – und warum „zu klein für Vergleiche" eine Ausrede ist Nachtzüge: Nachfrage vorhanden, Angebot zu gering Die Ungleichbehandlung von Schiene und Straße Low Hanging Fruit: Das Sozialticket für das Deutschlandticket Über den Gast Dirk Flege ist Geschäftsführer der Allianz pro Schiene, dem gemeinnützigen Bündnis für den Schienenverkehr in Deutschland. Er ist seit 2001 in dieser Rolle und war zuvor beim NABU, beim VCD und in der Deutschen Post tätig. Dirk ist einer der bekanntesten Stimmen für eine gerechte Verkehrspolitik in Deutschland.

Friedenshoffnungen und die überraschende Öffnung der Straße von Hormuz bescheren dem Dax die dritte Gewinnwoche in Folge. Während die Wall Street bereits neue Rekorde feiert und den Iran-Krieg längst abgehakt hat, zeigt sich Europas Verwundbarkeit – der IWF stuft Deutschlands Wachstum auf magere 0,8 Prozent ab. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz streiten über die Folgen der Energiekrise: Ist Europa der dauerhafte Verlierer oder steht ein massives Comeback bevor? Deffner setzt auf Nachholpotenzial beim Dax, Bär Zschäpitz warnt: Die Vorschusslorbeeren sind verteilt, jetzt müssen harte Daten her. Außerdem im Check: KI-Hoffnung bei Aixtron und die Gucci-Krise beim Luxusriesen Kering. Wer hat recht – reicht die Friedenshoffnung für die nächste Rallye? DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In this episode, Karl Bryan and Rode Dog dive deep into the disruptive impact of AI on entrepreneurship, what truly sets successful business coaches apart before they even start, the real meaning of strategy for business growth, and how "comparison" can fuel your marketing instead of killing your joy. As always, they explore actionable frameworks, insightful analogies, and real-world stories—wrapped up with motivating lessons for staying committed to your goals. Key Topics Covered The Real Mission Behind AI and Its Impact Karl Bryan unpacks the bold mission statements of AI giants: literally aiming to "replace all human labor," and what that means for millions of jobs and entrepreneurial opportunity. The scary and exciting frontier: Real-world stories of billion-dollar companies run by two people plus AI agents, and emerging security risks (like Alibaba's rogue AI mining crypto). Who Really Wins in the AI Revolution Will 10 people end up owning the world's wealth? What happens to economies (e.g., the Philippines and customer service jobs) when AI eats entire segments? The entrepreneur's antidote: Make AI your servant, not your master. Business owners and coaches must harness it to stay relevant and create new opportunity. Predicting Entrepreneurial Success (Before It Happens) Karl shares his "three types of attitudes" that predict whether a business coach (or client) will thrive or struggle: The fallback planner—tries, hedges bets, rarely wins big. The grinder—does whatever it takes and eventually breaks through. The lifer—so all-in they'd "die before they quit." These are the inevitable seven-figure earners. The Mel Fisher story: 17 years searching for treasure—success comes to those who believe, persist, and know it's worth the effort. Strategy vs. Tactics—What's the Difference and Why It Matters Karl breaks down the old maxim: "Strategy eats tactics for breakfast," but reveals coaches should tactically start with small client wins. Think in filters: Strategy is about ruthless focus ("No to everything except your core thing"—see Kobe, Jordan, Buffett). Examples from Southwest Airlines, Toyota, Dell, and Walmart—each with a single-minded strategic focus articulated in a few words. Owning Your Identity: Using Comparison to Accelerate Growth How Tony Robbins and others "create their own crown"—turning bold promises and guarantees into authority and fame. Coaches should invent their own rankings, awards, and positions (e.g., "#1 ROI business coach in X city"), just like brands Titleist, Red Bull, and HubSpot do. Build your own comparison frameworks for yourself and clients—don't wait for outside validation. Notable Quotes "The goal of the big AI companies, literally from their mission statement, is to replace all human labor… The prize is owning the entire global economy." "Strategy is like a filter—you've got to say no to everything that's not your core thing. If you have multiple priorities, you've got no priorities." "When you're in a positive state of mind, you see opportunities. Negative state, you see problems. You've got to get those quick wins for your clients so they'll trust you." "Create your own comparisons—who's to say who's the number one business coach in your city? Take the mantle. Invent your own awards." "Pessimists get to be right, but optimists get to be rich." Actionable Takeaways Make AI Your Ally Be the boss who hires and directs AI, not the one replaced by it. Build or use AI-powered tools to multiply your effectiveness with clients. Predict Success With One Question Ask yourself (and clients): "What happens if this doesn't work out?" The lifer who answers "I'll die before I quit" is the one who wins. Focus With Ruthless Strategy Define your (or your client's) "main thing." Strip out all distractions. Decision-making becomes easy when you know your north star. Start With Quick Tactics When coaching, win small and win early. Stack up visible results to build buy-in before shifting heavy into strategy. Invent Your Positioning Create your own "#1" story. Rankings, awards, and bold promises (if fulfilled) can leapfrog you above the crowd. Motivation From Pain AND Vision Make a "lame life" list—avoid what you dread as fiercely as you chase your dreams. Use pain as motivation, not just vision boards. Serve First, Sell Second Offer help—real solutions, risk reversal, or guarantees. When people trust you to deliver results before they pay, you become easy to buy from. Resources Mentioned AI Coaching Tools AI Business Coaching Dojo AI Coach Assist Strategic Frameworks/Analogies Mel Fisher's treasure hunt Operating System Framework: Upsell, downsell, cross-sell, market dominating position, controlling costs Brand Examples for Positioning Southwest Airlines, Toyota, Dell, Walmart, Subway, Red Bull, HubSpot, Titleist, BMW, Volvo Inspirational reference: Tony Robbins' guarantee to cure phobias Karl Bryan's "No Results, No Fee" offer If you enjoyed the episode, subscribe, share with a fellow coach, and leave a review. See you next week on Business Coaching Secrets! Ready to elevate your coaching business? Don't wait—listen to this episode now and take action. Visit Focused.com to discover our Profit Acceleration Software™ and join our thriving community of coaches. Get a demo at: https://go.focused.com/profit-acceleration

Die Märkte zeigen sich erstaunlich unbeeindruckt von der Eskalation im Nahen Osten, in Ungarn endet nach 16 Jahren die Ära Orbán – und in Deutschland greift die Regierung wieder zu Tankrabatt und Entlastungsprämie statt zu echten Reformen. Die beiden Wirtschaftsredakteure Dietmar Deffner und Holger Zschäpitz diskutieren über abgestumpfte Börsen, politische Wendemanöver und die Frage, warum Deutschland in jeder Krise reflexhaft nach dem Staat ruft. Dazu: BlackRock liefert starke Zahlen und wird Zschäpitz' Bulle der Woche, Deffners Bär geht an die streikende Lufthansa-Belegschaft, und 321 Milliarden Euro Subventionen zeigen, wie Deutschland Geld verbrennt statt zu reformieren. Plus: Warum Zschäpitz Palantir im Zug nachgekauft hat. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In today's episode, you'll discover: 1. How you handle adversity shapes your success, 2. Why Ownership vs. excuses is how leaders truly take responsibility without getting trapped in looking outside rather than inside. 3. Pessimists, realists, optimists—how do these mindsets show up in leadership and sales? To support these three takeaways, I chose a quote from Robert F. Kennedy: "Only those who dare to fail greatly can ever achieve greatly." About Mark Jones: Mark Jones is the CEO and President of Sacco & Biddeford Savings Bank. Mark, who joined in 1985 and remains committed to building on the founding principles, meets Southern Maine's financial needs.  He shows this commitment through his volunteer work as a board member and treasurer of Shutterbugs4Charity, a board member and Vice-Chair of Hospice of Southern Maine, and a Trustee and Treasurer of Saco United Baptist Church.  He has an unrivaled passion for learning, practicing, and teaching, which drives him to focus on what is most important in life: service, love, and care for those in his circle of influence. How to Get in Touch with Mark Jones: Website:   https://www.sbsavings.bank/ LinkedIn:  https://www.linkedin.com/in/mark-jones-61b5b59/ Email: mjones@sbsavings.bank Stalk me online! Linktr.ee: https://linktr.ee/conniewhitman Communication Style Assessment (CSA)™:  https://changingthesalesgame.com/communication-style-assessment/   Subscribe to the Enlightenment of Change Podcast on your favorite podcast streaming service or YouTube.  New episodes are posted every week - listen as Connie delves into new sales and business topics or addresses problems you may have in your business.

Markets ripped on the Iran ceasefire headlines, but Mike says the bigger bearish process may still be unfolding.Mike and David break down why Bitcoin, oil, global liquidity, and the S&P's 200-day moving average are all flashing mixed signals, and why the real bottom may still require more pain, patience, and weak-hand capitulation.----

Dienstag ist Taco-Tag — und wieder einmal Decision Day im Iran-Krieg. Trumps Ultimatum wurde inzwischen dreimal verlängert, die Märkte zucken mit den Schultern, aber die Eskalationsrisiken steigen. Was passiert, wenn Trump wirklich Ernst macht? Dazu: Deutschland diskutiert seine große Steuerreform — und Deffner und Zschäpitz sind sich ausnahmsweise einig: Der Spitzensteuersatz darf nicht länger bei 70.000 Euro beginnen. Ein faires Steuersystem für alle bedeutet: unten entlasten, die Mitte nicht ausquetschen, oben erst bei wirklich hohen Einkommen symbolisch mehr verlangen. Und die Idee, einfach die Beitragsbemessungsgrenze bei der GKV anzuheben? Bär der Woche! Außerdem: Deffner kauft erstmals eine Krypto-nahe Aktie — und Zschäpitz hat seinen Bullen der Woche im Scottish Mortgage Trust versteckt, der SpaceX-Fantasie inklusive. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Die Ölpreise steigen weiter, die Börsen sind zur Abwechslung trotzdem im Plus – wie passt das zusammen? Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz analysieren die Lagen und machen schonungslose Quartalsbilanz: Dax minus 7,4 Prozent, aber wer einen Emerging Markets ETF im Depot hatte, schaut auf ein sattes Plus. Dietmar und Holger verraten, wer die großen Gewinner und Verlierer des Quartals sind – und warum ausgerechnet Chemiewerte gerade durch die Decke gehen. Dazu: Der Iran-Krieg, Trumps widersprüchliche Aussagen zur Straße von Hormus, die steigende Inflation – und warum die Wirtschaftsinstitute ihre Deutschland-Prognose gerade halbiert haben. Ein Bulle aus Vietnam, ein Bär aus Deutschland. Außerdem: 66 Maßnahmen, 483 Seiten, 42 Milliarden Euro — die Gesundheitsreform-Kommission hat geliefert. Und die Frage, ob die Politik jetzt auch den Mut hat, das umzusetzen. Und die Liste mit den günstigsten Basis-ETFs für Euer Depot. Darunter der erste MSCI World ETF für 0,05 Prozent jährliche Gebühr. Frohe Ostern von Deffner und Zschäpitz. Episode 487 – der zweite Aufguss, weil der liebe Kollege Ulf Poschardt den Stecker gezogen hat. Aber manchmal werden Dinge beim zweiten Mal ja sogar besser. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Zwischen Iran-Krieg und Achterbahnfahrt an den Märkten wagt die SPD den „Schröder-Moment“: Während Lars Klingbeil mit heiligen Kühen bricht und mehr Arbeit einfordert, streiten die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz über den wahren Gehalt dieser Reformrede. Ist es eine echte Agenda-Wende oder nur politische Kosmetik? Außerdem: Warum eine „stille Revolution“ beim Altersvorsorge-Depot die Rente retten könnte, während Langsess und CTS Eventim die Börsenwoche auf den Kopf stellen. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Nach einem Vierteljahrhundert ist Schluss mit Riester: Das neue Vorsorgedepot soll die gescheiterte Riester-Rente endlich ersetzen – doch ist der Wurf wirklich groß genug? Auch die GKV steht vor einem Systemeingriff: Die kostenlose Mitversicherung für nicht arbeitende Partner soll fallen. Dietmar Deffner und Holger Zschäpitz fragen, ob das der ersehnte Reformfrühling ist – oder ob das alte Gerechtigkeitsdenken Deutschland wieder ausbremst. Dazu der vierte große TACO: Trump rudert beim Iran-Konflikt zurück – aber diesmal roch es verdächtig nach Insiderhandel, weil die Märkte den Schwenk vorwegnahmen. Gold erlebt den schlechtesten Lauf seit 43 Jahren, der DAX verliert elf Prozent, und ausgerechnet Bitcoin ist der Gewinner des Chaos. Außerdem: Warum eine dynamisierte Grundsteuer Vermieter und Mieter gleichermaßen trifft – und was eine Eiskugel für 3,20 Euro mit 452.000 Euro Altersvorsorge zu tun hat. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/literary-studies

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/german-studies

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/biography

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/european-studies

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/spiritual-practice-and-mindfulness

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices

Arthur Schopenhauer: The Life and Thought of Philosophy's Greatest Pessimist by David Bather Woods An engaging biography of one of the most influential Western philosophers and a thought-provoking exploration of how to live with Arthur Schopenhauer's pessimism.Arthur Schopenhauer (1788–1860) almost wasn't one of the greatest philosophers of the nineteenth century. Born in the Free City of Danzig to a family of shipping merchants, he was destined for a life of imports and exports until his father died in a suspected suicide. After much deliberation, the young Schopenhauer invested his inheritance in himself and his philosophical vocation. But the long road to recognition was a difficult one, with Schopenhauer spending all but the last decade of his life in total obscurity. Yet his ideas and style went on to influence great thinkers, including Friedrich Nietzsche, Ludwig Wittgenstein, and Sigmund Freud, as well as artists such as the composer Richard Wagner and writers Marcel Proust, Thomas Mann, Samuel Beckett, and many more.A singular and remarkably influential thinker, Schopenhauer is usually described as an extreme pessimist. He questioned the purpose of existence in a world where pain and suffering are inescapable and happiness is all too brief. In this engaging philosophical biography, David Bather Woods reevaluates Schopenhauer's pessimism in the context of his life experiences, revealing the philosopher's relentless fascination with the world and making a case for his contemporary relevance. Bather Woods weaves together Schopenhauer's ideas with the story of how he came to be, including such topics as love, loneliness, morality, politics, gender, sexuality, death, suicide, fame, and madness. In doing so, this book answers some of life's most challenging questions about how to deal with pain and loss, and how to live with ourselves and each other.Despite his pessimistic outlook on human existence, Schopenhauer didn't give up on life. Rather, he recognized that the question of how to live becomes even more pressing, and he worked to provide an answer. Bather Woods shows how Schopenhauer's life informed his ideas and how they still resonate today. David Bather Woods is associate professor of philosophy at the University of Warwick. He is coeditor with Timothy Stoll of The Schopenhauerian Mind. He has contributed chapters to The Proustian Mind, Schopenhauer's Moral Philosophy, and The Palgrave Schopenhauer Handbook. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: https://www.youtube.com/user/a48266/videos Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/british-studies

Der Dax stürzt um 4,5 Prozent ab, die Bund-Rendite schießt auf den höchsten Stand seit 2011, der Gaspreis explodiert – der Iran-Krieg wird zum ausgewachsenen Energiekrieg. Israel bombardiert das weltgrößte Gasfeld, Iran antwortet mit Attacken auf Katar. Die Internationale Energieagentur IEA warnt vor der größten Energiekrise der Geschichte. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz streiten darüber, wie es weitergeht. Deffner nennt Donald Trump planlos, sieht kein Kriegsziel, keine Strategie, nur Eskalation. Zschäpitz dagegen hält die Drohung, die Drehscheibe im Golf zu besetzen, für riskant, aber vielleicht doch hilfreich. Das Problem: Gaspreis steigt stärker als Öl. Ein Fünftel des weltweiten LNG kommt aus Katar. Fällt das aus, kämpft Asien gegen Europa um amerikanisches Gas. Die Rechnung für Deutschland: 10 Prozent höhere Energiepreise = 0,4 Prozentpunkte mehr Inflation, 0,1 Prozent weniger Wachstum. Plus: Ionos-Überraschung, Vonovia-Crash und Deffner kauft nach – „Schnäppchenkurse!" Panik oder Erholung? Hört rein! DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

The Inside Economics team is joined by Scott Galloway, bestselling author and professor of marketing at NYU Stern, for a wide-ranging conversation spanning geopolitics, technology, and generational justice. The group touches on the escalating conflict in Iran before turning to the transformative — and disruptive — potential of artificial intelligence. The conversation takes a sharp turn as Scott examines what may be the defining economic story of our time: the systematic transfer of wealth and opportunity from the young to the old. Rising asset prices, unaffordable housing, and policy choices that favor incumbents have left many young adults locked out. Rising loneliness and the economic disenfranchisement of young men are among the consequences the group explores. Scott delivers his trademark mix of provocation and hope in a discussion as entertaining as it is sobering. Guest: Scott Galloway For a deeper dive on AI and the macroeconomy, see our new paper, The Macroeconomic Consequences of Artificial Intelligence, where we model four potential economic paths over the next decade. We also walk through the scenarios in a companion webinar available now on-demand. Read the paper: https://www.economy.com/getfile?q=2B555C90-1118-4A49-BDAA-5C0A99F83A9E&app=download Watch the webinar: https://bit.ly/3OF6dn9 Email us at InsideEconomics@moodys.com for more info about the Moody's Summit '26 Conference in San Diego Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's Analytics Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at InsideEconomics@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Trump hat keinen Plan. Trump hat einen Masterplan. Wer hat recht? Zschäpitz glaubt zumindest an „The Art of the Deal" – Chaos als Methode, China schwächen, Golfstaaten sichern. Deffner sieht nur Improvisation: „Kein Exit, keine Strategie, nur Wut." Während der Dax sich vom Ölpreis entkoppelt, streiten die beiden Wirtschaftsjournalisten: Ist das der Trump-Put oder nur Hoffnung? Außerdem: BYD-Comeback mit Brasilien-Großauftrag, Altersvorsorgedepot mit Streit um Kostendeckel und Vertriebsstruktur. Zschäpitz' Lebensweisheit: die „Let Them"-Theorie gegen Arbeitsstress und das Commerzbank-Drama und die deutsche Europa-Heuchelei. Episode 483 – zwischen Gelassenheit und Geopolitik! DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Is the Danish export credit agency punching under its weight? EIFO CEO Peder Lundquist discusses how the ECA is evolving its unique model post-merger, upping its emphasis on critical minerals in Greenland and increasing engagement in Africa, all while keeping its focus on sustainable projects.

Zwei Wochen Iran-Krieg – und der Ölpreis ist um 40 Prozent explodiert. Während die Notierungen die 100-Dollar-Marke stürmen und die Straße von Hormus in Flammen steht, diskutieren die beiden Wirtschaftsjournalisten Dietmar Deffner und Zschäpitz über das ultimative Börsen-Szenario. Erleben wir eine düstere Wiederholung der 1970er-Jahre inklusive Stagflation, Rezession und Börsencrash – oder rettet der „Trump-Put“ die Kurse im letzten Moment? Von Lieferketten-Chaos in der Chipindustrie bis hin zu den Profiteuren der Krise wie K+S und dem Verlierer Tui: Alles über die neue Panik an der Börse und warum die Notenbanken jetzt vor einem Dilemma stehen. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

I want to tell you something that might frustrate you. Business does not get easier. It just gives you a new problem. And if you are waiting for the moment where everything runs smoothly and there are no fires to put out, you are going to be waiting forever. Because here is the truth. You fix one constraint just to have another one pop up. That is literally the game. Today I want to reframe the anxiety you feel before the next level of growth. Because the new constraint is not proof that you are failing. It is proof that you are playing. ----------------

47 Prozent Schwankung an nur einem Tag! Der Ölpreis erlebte am Montag die wohl heftigste Achterbahnfahrt seiner Geschichte. Morgens 120 Dollar („Hab's doch gesagt!“, ruft Deffner), abends 80 Dollar („Ich hatte auch recht!“, kontert Zschäpitz). Dazwischen: ein paar Sätze von Donald Trump – und der Markt dreht komplett. War das der klassische Taco-Trade („Trump Always Chickens Out“) – oder der Beginn eines gefährlichen Eskalationszyklus? Die Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz analysieren den Öl-Schock, erklären, warum geopolitische Wetten brandgefährlich sind – und gehen die große Wette ein: Steht Öl Ende März über 100 Dollar? Deffner sagt Ja, Zschäpitz hält dagegen. Außerdem: Ein neuer Drohnen-ETF hebt ab, die Biontech-Gründer verlassen ihr Unternehmen – 23 Prozent Kurssturz! –, Cem Özdemir sorgt für eine politische Überraschung, und die umstrittene Rentenerhöhung von 4,24 Prozent entfacht die nächste Debatte. Eine der kontroversesten Episoden seit Langem. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Die Bären sind los: Nach einer dramatischen Woche schickt der Iran-Krieg den Dax auf Talfahrt, Minus sieben Prozent. Während die Straße von Hormus dicht ist und die globale Ölversorgung wackelt, stellt sich die alles entscheidende Frage: Springt der Ölpreis nun dauerhaft über die 100-Dollar-Marke oder erleben wir nur einen gigantischen geopolitischen Bluff? Wir analysieren die Warnungen vor 150 Dollar je Barrel und Trumps harte Linie. Plus: Beiersdorf crasht wegen Niveau-Ausblicks um 25 Prozent, dagegen profitiert die Deutsche Börse von den massiven Bewegungen an den Finanz- und Energiemärkten. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Nach den gezielten Angriffen auf den Iran und der Blockade der Straße von Hormus schießen Öl- und Gaspreise in die Höhe. Gold und Bitcoin schlagen wilde Kapriolen, die Börsen schwanken – und Anleger fragen sich: Stehen wir am Beginn einer langanhaltenden Krise oder ist das nur ein heftiges, aber vorübergehendes Schlagloch? Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz ordnen das geopolitische Beben ein, analysieren die Strategie von Donald Trump und erklären, welche realwirtschaftlichen Folgen drohen. Außerdem zeigen sie, warum Diversifikation gerade jetzt die wichtigste Versicherung fürs Depot ist – und welche Absicherungen in diesem Umfeld überhaupt Sinn ergeben. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

War Kanzler Merz in China gerade der große Pragmatiker – oder wiederholt Deutschland denselben Fehler wie einst mit Russland? Aus dem „systemischen Rivalen“ wird plötzlich der „strategische Partner“, 30 Manager reisen mit, 120 Airbus-Jets sollen gekauft werden. Doch was kommt zurück? Ein Handelsbilanzdefizit von 88 Milliarden Euro bleibt. Im Podcast streiten Bulle Dietmar Deffner und Bär Holger Zschäpitz: Ist Merz' China-Kurs clevere Diplomatie – oder naive Wirtschaftshörigkeit? Was bedeutet das für deutsche Unternehmen? Außerdem: Nordex hebt ab (Gewinn verdoppelt!), Novo Nordisk speckt ab (Abnehm-Pille enttäuscht) – und der Dax gewinnt mit 0,1 Prozent im Fotofinish. Bulle sagt: Jahreshoch kommt. Bär warnt: Das war's mit der Rallye. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Ein Gedankenexperiment von Citrini Research erschüttert die Tech-Welt und vernichtet über Nacht hunderte Milliarden an Börsenwert. Die düstere Vision: Menschliche Denkleistung wird durch die KI ersetzt. Eine "Intelligence-Displacement-Spiral" disruptiert hoch bezahlte Bürojobs und löst eine strukturelle Wirtschaftskrise aus. In dieser Episode diskutieren die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz, ob wir gerade den Gipfel einer irrationalen KI-Hysterie erleben oder ob der "Kanarienvogel in der Mine" bereits verstummt ist. Während Software-Aktien und Zahlungsdienstleister wie Mastercard unter die Räder kommen, stellt sich die Frage: Ist der Ausverkauf die Einstiegschance des Jahrzehnts? Außerdem im Fokus: Das hitzige Pro und Contra zum Social-Media-Verbot für unter 14-Jährige nach dem Vorbild Australiens. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Ist Trumps Zoll-Hammer endgültig gestoppt? Die beiden Wirtschaftsjournalisten Dietmar Deffner & Holger Zschäpitz analysieren die Folgen für die Märkte nach dem Urteil des Supreme Court. Während die Aktienkurse jubeln, zittern die Anleihenmärkte vor einem 129-Milliarden-Dollar-Loch im US-Haushalt. Was heißt das für Europa, China & Co. – und welche „Plan B“-Hebel bleiben Trump noch? Außerdem geht es um Rheinmetall als „Freedom Tech“-Bulle, Bayer als Streitfall rund um Glyphosat, plus ein Ausblick auf die kommende Börsenwoche mit Ifo Index, Nvidia und wichtigen Zahlen von KI-Verlierern. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Die Welt wird neu sortiert! Ein viraler LinkedIn-Post des KI-Unternehmers Matt Shumer schlägt Alarm: Stehen wir vor einem massiven Umbruch in der Wissensarbeit und sind die Menschen weitgehend unvorbereitet, ähnlich dem Beginn der Corona-Pandemie? Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz tauchen tief in das Thema KI-Disruption ein. Sie debattieren, ob wir uns wirklich Sorgen um unsere Jobs machen müssen, oder ob das Ganze doch nur eine clevere Verkaufsmasche für KI-Premium-Abos ist. Erfahrt, warum Zschäpitz glaubt, dass eine Portion "Paranoia" an der Börse gerade nicht schadet, und warum Deffner trotzdem optimistisch ins "Jahr des Feuerpferdes" blickt. Außerdem zeigen die beiden, warum unter der Oberfläche eine Brutalo-Rotation läuft, wieso ein Welt-ETF das Chaos erstaunlich gut wegsteckt – und warum Dividenden-Aristokraten gerade wie eine Trutzburg wirken, während Big Tech vom „Asset-light“-Liebling zum „Capital-heavy“-Problemfall wird. Und am Ende gibt es die Wette, die alles auf den Punkt bringt: SAP gegen Nvidia. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Während die Künstliche Intelligenz wie eine Abrissbirne durch die Börsen-Sektoren fegt, profitiert Deutschland von seiner „anfassbaren“ Wirtschaft. Der Dax hat die Woche mit 0,8 Prozent im Plus beendet. Siemens feiert als echter KI-Gewinner, Heidelberg Materials kassiert den grünen Bumerang. Doch wie wettbewerbsfähig ist Europa wirklich? Beim EU-Gipfel prallen die Welten aufeinander: Kanzler Merz fordert den harten Bürokratieabbau, während Frankreichs Präsident Macron die europäischen Gemeinschaftsschulden (Eurobonds) aus der Schublade holt. Sind gemeinsame Schulden der Sargnagel für Europa oder der einzige Weg zur Unabhängigkeit von den USA? Außerdem im Ring: Warum Siemens plötzlich zum heimlichen KI-Gewinner aufsteigt und wie Heidelberg Materials den grünen Bumerang kassiert. Bulle Dietmar Deffner und Bär Holger Zschäpitz streiten sich durch die Börsen-Woche. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Die Märkte spielen verrückt: Erst der „Warsh-Schock“, dann das KI-Beben. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz bilanzieren wilde Tage und verraten, wo ein Einstieg jetzt spannend sein könnte. Während Zschäpitz im Skiurlaub den ultimativen Inflations-Check gemacht hat (Spoiler: Kaiserschmarrn ist der neue Luxus), analysiert Deffner die große Rotation im Depot. Und im großen Streitgespräch der Woche geht es um zwei gefallene Helden: Silber und Bitcoin sind massiv unter die Räder gekommen. Wer erholt sich schneller? Der Silber-Bulle Deffner und Bitcoin-Fan Zschäpitz steigen in den Ring. Weitere Themen: - SPD will Mieteinnahmen und Kapitalerträge für die Kranken- und Pflegeversicherung heranziehen. Warum das ein Systembruch wäre. - Kakao im freien Fall: warum der Ausverkauf zu weit gegangen sein könnte. - Deutsche Aktienkultur im Aufwind: Aktienfonds erleben die größten Zuflüsse seit dem Boomjahr 2000 DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Welche Aktien haben 2026 wirklich Potenzial? In dieser Folge gibt es den großen Aktiencheck. Zu Gast bei Deffner ist der bekannte Börsenexperte, Autor und Börsenverleger Jürgen Schmitt. Er liefert klare Einschätzungen, starke Argumente und pointierte Analysen. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In this episode, Josh and Sam explore what happens when a church becomes discouraged and how God restores hope in a congregation that feels stuck, tired, or overwhelmed. Discouragement drains energy, distorts reality, and slowly turns a church inward. Encouragement is both spiritual and strategic. It starts with leaders who refuse to catastrophize and instead cast vision. Pessimists predict failure. Realists describe what is. But optimistic, faith-filled leaders show what could be. The post The Best Ways to Encourage a Discouraged Church (Your Next Three Steps) appeared first on Church Answers.

Everybody’s always bagging on pessimists and telling everybody they should be more optimistic. Well, nuts to that! There are plenty of benefits from being a pessimist. Although being an optimist still wins in basically every category ☹See omnystudio.com/listener for privacy information.