40 Burst results for "G League"
Capstone Conversation
Jared Asch Asks Loella Haskew and Cindy Darling: Is "Measure O" Working?
"Let's get local and talk about Walnut Creek for a minute. It's been about a year since we've the people of Walnut Creek have voted in Measure O. Talk to us. It's an additional sales tax to provide benefits for the city. Is it working and what are we doing with the money? What are the priorities? Start Cindy Ann and you can fill in the gaps. Yeah. OK. So the first thing we did to promise the community is to find an oversight group so that they look at what we've done to make sure that we live up to our promises of what we and we were going to do when we started the Measure O process. Interestingly enough, when I first ran in 2012 or 2011, I ran on a half cent sales tax increase and I got the more votes than I ever did since then. I think there were a group of people who knew that we weren't quite we needed a little extra oomph in our spending. We've done some additions at the police department. We've made some spending for attracting more people downtown where we're doing things, a lot of things in and around it. But the biggest project is the one that Cindy Darling is working on. And so I'm going to let her take over. One of the reasons I ran for council is it's important for a community. My kids loved growing up in Walnut Creek. They swam, they played Little League, they played this, they played that, they did this art class. And a lot of the facilities that they were accessing were built back in the 50s and 60s. And we all know things that were built in the 50s and 60s are now starting to fall apart. And we need to pay it forward to the next generation. And that was a big driver on Measure O. The Clark Swim Center and Heather Farm is one bad accident away from its pumps not ever running again. So we are working on a new community center and a new aquatic center to carry on the traditions in Walnut Creek. And that was one of the bigger drivers of Measure O. We are in the planning phase right now and we have a lot of active, robust public input coming into the process. We have a survey out. You can go to the city councils with the city's website and take a survey on what you want out of that community center, what you want out of the aquatics facility. And we're going to be working to get it so it's up and operational by 2027 and it's going to be cool. Yeah. And there's there's some concern over the money from Measure O coming up on the ballot. Do you I don't want to take up too much time going into every detail on it, but can you talk about what is coming up in 2024 and what impact that might have on Measure O as well as a number of other regional measures? There are two things to be addressed by the population. The first one is how many votes do we need to do to get permission to have an additional sales tax? If we go out for a specific purpose right now, you need two thirds of a vote of a community and it's incredibly difficult to get that. If you go out for a general measure, you only need to get 50 % plus one vote. There is a measure being brought forth by a business council that wants to remove so much freedom with what we local people can do with taxes. And so they want to make every vote a sixty thirds vote. And the thing that is most concerning to us because of our position is they can claw back a vote that happened in 2022 and say you have to run it again and get the two thirds vote. So so we're nervous about the business one. And we're also thinking it's 10 % of people will vote no on any thing that has money to do with money. And that's in order to get 65%. You've got to work really hard. And so a lot of cities don't have the capacity to get important things done because they can't get out there and get this full measure of voters to pay attention.
Bloomberg Daybreak Asia
Fresh "G League" from Bloomberg Daybreak Asia
"Pitch results it was also meeting a all from deckland rice seven minutes into stoppage time to get past luton town four to three town actually led three to two until kai habert scored in the sixtieth minute for the gunners wolf rampton they uh... had a tough they one but knocked off firmly one -nil heat chance scoring in the forty second minute nba scoreboard it is is the in -season tournament quarterfinals in milwaukee six forty to go in the fourth quarter the bucks have opened opened up a one twenty two two one oh five lead over the new york nip mix ticket tipping off in twenty phoenix suns on the road at the los angeles lakers baseball news coming out of the winter meetings in bill dodgers manager gave robert says that they did meet with two -time american league nvp showing up dot on a few days back for about two to three hours the dodgers angels of times current club the cubs giant and blue jays are considered the favorite to land the two -way star i'm danny sportsman that's your bloomberg world sports sports update dot all right danny thank you let's take a closer look at what's happening in uh...
Mark Levin
Blinken Is Exploiting the War Against Israel
"Don't understand this us they're they telling support Hamas they voted for Hamas we believe in Palestinian led governance of Gaza with Gaza unified with the West Bank okay Gaza unified with the West Bank so now you're going to take all of Judea and Samaria Israel's ancestral land, the Jewish people's ancestral land, and hand it to the Palestinians now keep in mind if Blinken has its way they'll be handing this to the very people who tried to slaughter the Jews just six weeks ago so in other words their terrorism will Gaza's reconstruction must be supported with a sustained mechanism we also underscored America's firm opposition to actions that would undermine efforts to build lasting peace and security no possible displacement of Palestinian civilians from Gaza not now not after the fighting so let's stop there that was Egypt's land, not Palestinian land so just following this now the Palestinians have a forever right to it because it was given to them in 2005 by the Israelis so now it's theirs Israel, nothing's permanent. And I want to remind you after War World II there was a denazification of Germany there was a an effort to it change the cultural belief system in Japan and other places you don't just win wars and then give the land to the loser and then it will do better things you've got an entire culture going from when the Palestinians are babies all the way till whatever age they are And what Blinken's saying is we're not going to address that. disaster. He goes no reoccupation of Gaza after the conflict. I got to thinking somebody like this guy? He's a bureaucrat. longtime He worked for Joe Biden when Biden was a senator. He was a Senate staffer. Poison Ivy League you know courses and so forth and now he's here and he's telling the whole world what's going to happen. Nobody's elected him. He says no reoccupation of Gaza after the conflict. No attempt to blockade or besiege Gaza. There's no reduction in the territory of Gaza, no use of Gaza as a platform for terrorism or other violent acts, and no tolerating the use of the West Bank to carry out such attacks. What does this even mean?
Bloomberg Daybreak Asia
Fresh update on "g league" discussed on Bloomberg Daybreak Asia
"Major League Baseball, the winter meetings in Nashville, Tennessee, Dodgers manager Dave Roberts acknowledging that his team met a couple days ago with two -way star Shohei Ohtani, the two -time AL MVP meeting with the Dodgers for two to three hours. the They, Angels, the Cubs, Giants, Blue Jays, considered to be the finalists for Ohtani, who could see a contract for half a billion dollars. NBA scoreboard in -season tournament quarterfinal action were at the half in Milwaukee. Bucks in a high -scoring affair, leading the Knicks 75 to 72. Julius Randall, 25 points in the first half. Coming up in an hour and 20 minutes, hip -hop in Los Angeles, some of the quarterfinal matchup Lakers are hosting. The Suns, NHL scoreboard in the second period, during the end of that period, the Senators of Ottawa, leading the Rangers 5 to 2. 1350 to go in the second period, the Islanders at home, with a 2 to 1 lead over the Sharks. Coming up in an hour and 20 minutes, the puck drops in Vancouver. It's the Rebels. I'm Dan Schwartzman. That's Time about 16 minutes before the top of the hour. Our next guest on the show is Lucia Liu, Bloomberg China government and economics reporter looking at an interesting phenomenon in China that a
The Dan Bongino Show
Socialists Have a 100% Success Rate of Failing
"Plan more for more people in the future that was so bananas this weekend but something big did happen this weekend this election in Argentina Argentina of Javier Mele I spent a lot of time in Argentina know the country really well everywhere from Shaltan to Patagonia to Buenos Aires spent a ton of time months upon months upon months in Argentina on an on an operation let's say I don't mean to sound overly dramatic one like some Jason Bourne thing but some pretty good stuff we did some pretty cool stuff down there Argentina is a beautiful country and the thing about Argentina is back in around 1910 1914 Argentina was growing I don't know if you know this one of the quickest economically growing countries in the entire world you wear them why I because they had relatively free markets a relatively small government and when you allow people the benefits and fruits of their labor and entrepreneurship Jim this crazy thing happened people get richer it's nuts it's only when government and other jerkwads in the government get in the way that people manage to make themselves poor it's incredible the recipe for failure is it I always say about socialists they have a 100 % success rate of failing that's almost impossible to do I I mean even great major league hitters the greatest of the great would only succeed about 4 10 times if you batted if you bat 400 you're like a god in baseball small g god right but socialism has a remarkable 100 % success rate of failing so the socialists eventually moved their way into the argentinian government and what happened what happened every single time liberals who what suck that's right that's the motto of the damn bongino show liberals suck well damn we're not going to convince any of them I don't want to convince liberals I don't care I'm not running for office I'm trying to expose you to reality and sometimes it's the syrup of ipicac and it's not like we can get bored with honey we've tried that we're dealing with straight up commies they throw will you in jail they will censor you they'll charge you with terrorism they will do whatever they can do I'm not interested in playing
Bloomberg Daybreak Asia
Fresh update on "g league" discussed on Bloomberg Daybreak Asia
"About 11 minutes now and the Hang Seng is mildly positive. We're up about a tenth of one percent. The equity markets on the mainland, if you look at the aggregation vis -a -vis the CSI 300, essentially flat right now in Seoul, the KOSPI rising by a half of one percent. U .S. Treasury yields inching up. We were down quite a bit in New York trading after the government reported that job openings in the U .S. slumped in October to the lowest level since March. It seems as though the market is totally convinced that the Fed is done raising interest rates. 10 -year Treasury now in Tokyo up about two basis points at 4 .18, two -year rising nearly two basis points to 4 .59. The dollar right now showing a little bit of weakness and we've got a weaker yen as well at 147 .23. We'll take about 15 minutes. Let's get to Dan Schwartzman. He's looking at global sports. Hey, Danny. Hey, Doug. Let's start off with Premier the League Arsenal atop the Premier League table. Tough one against Luton Town who, by the way, have only won two matches. They've lost 10 with three draws. It took a Declan Rice goal. Seven minutes in the to knock off Luton Town four to three. In fact, Luton Town had a three to two lead until Kai Havert scored in 60th minute for the Gunners. Wolverhampton meanwhile struggles but they end up beating Fernley 1 -0. Well, corner reports it could be as early as Monday for Sir Jim Ratcliffe, Britain's second richest person, to analyze his minority investment stake in Manchester United. 1 .25 billion pounds will buy him 25 percent of the club. Now although he's a minority owner, he will take control of football operations. Laser family will retain a majority stake. In
History That Doesn't Suck
147: Peacemaking in Paris: The Treaty of Versailles - burst 2
"Today is a story of peacemaking, particularly 1919's of six -month Paris Peace Conference culminating in the Allied Powers Treaty with Germany, the Treaty of Versailles. And it has a lot of moving pieces. We'll start with the U .S. midterm elections of 1918, which could impact the Senate's future choice to ratify this treaty or not. From there, we'll join Woodrow Wilson, who's personally representing the U .S. at the conference, to push his 14 points, especially his League of Nations. But can the idealist American out -navigate Georges Clemenceau, who wants to punish Germany and dismantle its military capabilities? What about the smooth -operating Welsh wizard Britain's David Lloyd George? We'll find out as we hear what their conflicting values and goals yield amid talks of a League of Nations assigning quote -unquote mandates in the Middle East, Africa, and the Pacific as Georges and Woodrow's timbers flare over German and French territory. And of course, as we learn what this conference ultimately asks, sorry, demands, that the Germans sign in the Palace of Versailles Hall of
Bloomberg Daybreak Asia
Fresh update on "g league" discussed on Bloomberg Daybreak Asia
"Of of 1%. A short while ago we had the GDP data for Australia. This is for the third third quarter. Quarter on quarter, a gain of just two -tenths of 1%, below the estimate of five cents. But then if you step back and look at the year over year figure, third quarter GDP in Australia up 2 .1%. The street was looking for something around one -nine. The equity market right now pretty steady. ASX200 hundred better by around nine -tenths of 1%. In Seoul, we've got the KOSPI rising just three -tenths of 1 % financial shares out in front. We had a big drop in US Treasury yields in the New York session after economic data essentially pointed to a cooling labor market in the US. Right now bond yields inching higher a ten -year at 4 .18%, a two -year at 4 .59. We'll take another other look at markets for in about fifteen minutes. Let's get to Dan Schwartzman. He's looking at global sports. Hey Danny. Hey Doug, let's start off with Sir Jim Ratcliffe, England's now second richest person. Well, reports say that everything can be finalized in terms of his minority stake purchase in Manchester United for 1 billion .25 pounds. It would be 25 % of United. He'd buy it from the Glazer family who would continue to be the majority owners, but Ratcliffe will take control of football operations once this goes through. Again, could happen as early as Monday. Looking at the Premier League Arsenal needs a goal from Declan Rice. Seven minutes in the stoppage. Time to knock off Luton Town. 4 -3. Arsenal continues to lead the Premier League table. We'll ramp in a 1 -0 win over
Tech Path Crypto
A highlight from Avalanche Skyrockets Gaming Bull Run Begins
"All right, today we're going to dive into some blockchain game wars that I think you guys are going to want to listen to. We're going to be breaking down a lot of projects and also giving you some insights as to where maybe some of these game companies are going to be going. It's going to be a good one. My name is Paul Baron. Welcome back to the Tech Path. All right, let's get started. I do want to thank our sponsor today, and that is Tangem. If you are looking at a self -custody wallet, which you probably are, maybe jumping into crypto for your first time and you're thinking, I want to park some of my crypto off of exchanges. This is one of the tools that you can do it. All you have to go and do is go over to tangem .com. You can jump right into one of their cards. One of the things you're going to like here is the flexibility of both the card and the app versus using a hardware wallet. You know what I'm talking about. It's very simple. You get a three -card set, keep one with you, park the other two, hide them up, and then use it anytime you need to do a transaction right there on your phone, both iOS and Android. Make sure and check it out. You get an initial discount by just using our code, so we'll leave one down below. Make sure and check it out. It helps out. Now, I know everybody was kind of dogging us a little bit about my statement last week, a reference to the situation around Alluvium and them being on Avalanche. I just want to kind of clarify, there's a lot of research that comes, of course, across our desk here, and some of it is through things that we just are constantly perusing. One of the things that really kind of caught our eye was what was happening over on BeamHub. And BeamHub right here, as you can see, and our team tells me that this used to say coming soon, even though it says popular Alluvium Arena. And so the theory is that maybe there's going to be some action here of Alluvium on Avalanche at some time. So that's just, I just want to get that out there, kind of get it away because I know everybody was kind of freaking out about that earlier. I want to get into a couple of tweets. We'll kind of start right here, Coinbase Exchange, adding support for Solana and Avalanche Perpetual Futures. This course is in the international exchange. Now why is this? It's very simple. Both Solana and Avix, very active in the gaming ecosystem and the likelihood of moving and seeing a lot of growth, I think, in the coming months and years for blockchain gaming and Web3. Overall, this is a good move by Coinbase for sure, and I think eventually we may see some stuff like that here in the US, but right now we've got to deal with what we've got to deal with. And of course, that's just getting Coinbase past their lawsuit with the SEC. If you have not checked out our full playlist on Avalanche, go check it out. It's going to give you a full rundown of a lot of the projects, some of the games, some of the SocialFi experiences, all sorts of things that we've covered over the months and years with the Avalanche team, many of their devs, all that, executives, et cetera. Check it out. You guys will like it. It's a good playlist to get kind of indoctrinated into understanding what's happening in gaming, and why Avalanche is going to probably be one of the top ones out there. So why are so many crypto games are switching chains or calling it quits? And there's some reasons here. I want to kind of highlight a couple of points here. Let me kind of zoom out on this. There's a few things that I want to focus in on. 81 % of current blockchain games use non -gaming -focused layer 1s, so that's one reason. Early on, they're going to have to move into some of these layer 2s. 74 % of games are now choosing an EVM network, like Solana's virtual machine. Comes in a distant second, making up about 10 % of games, and this is in comparison to what's happening over on Ethereum and Polygon. ETH sidechain Polygon remains a top choice. You can kind of see the chart right here. And the number, Solana looks like they're number four, ETH number three, and obviously BNB and Polygon pretty much holding the top two spots, so something to be aware of. 65 of % blockchain games move networks, so this year, up from 48 games switching things up across all of 22. So a little bit of activity. Could be something happening there, I think, on the sense of urgency, meaning that people are probably realizing, okay, we've been building, we're at that time now where the market is going to start heating up, we need to be ready, and we need to be on the blockchain that we're going to be on. So I would agree that it's a good strategy move. 60 % of games that left a layer one network moved to a layer two scaling network. This is all based on fees. It's the situation that really kind of boils down to everything. As more people have migrated to Polygon, this is one of the developers, we just started to run into scaling issues with Polychain, and we're paying between $3K and $4K a day on gas. Just untenable, so this is preventing us from both scaling and the game. So that's a problem I think eventually will be solved with some advancements in Polygon tech that will eventually get that into a scalable solution for the growth that we're going to see around gaming in general. Also want to take a look quickly, just so you guys are aware, Polygon soared last week after IMAX Immutable, a Web3 gaming platform, shook hands with video game giant Ubisoft. So similarly, Solana has also been favored by institutional investors recently, getting some attention of top crypto whales, which I think both those tokens in general, but more importantly, the vision of what these tokens represent. That's the thing that I think a lot of people are going to continue to see happening for sure. So, very interesting, I'd love to get your feedback. When you look at all the chains, whether it's what's happening, or within the ecosystems, if you're looking at IMAX or you look at Immutable, you look at what's happening within Solana or even Polygon, maybe Avalanche. Is it something that you would focus in one particular area or games within one particular area? Let me know, drop some comments down below. Make sure and smash the like button is one of the ways that we understand what you guys really want here on the show. One other thing, I want to kind of go into a few tweets, this of course coming in from Sandeep over at Polygon. It's easy to price talk, this is obviously with the price changing and moving so quickly over the last few days. It's hard to discuss fundamentals, fundamentals have the last laughs, I always agree with that. And I think this is something also, hopefully we're supposed to get Sandeep on the show. He's been scheduled a couple of times, we're going to try to get him on the show, hopefully before year end to give you guys kind of an update of what's happening at Polygon. Here's Robbie Ferguson from Immutable. Are you getting it, Hanon? I don't know if that's a message or not. We'll see. Anyway, Assassin's Creed, Maker Ubisoft is building a crypto gaming experience with Immutable. And I think this is something that we're going to continue to see a lot of major partnerships really make their way into some of these projects that I think are good for the industry, but more importantly are good for this cycle. And what I mean by that is, and everybody always asks me, you know, what's going to be the big winners this time around? I totally believe that it is going to be gaming. We thought gaming was going to be the last bull run metaverse kind of play. Many of these projects just were not ready. Many of these, you know, blockchains weren't ready. Now it's a different story. And when you think about that, look at what is happening with Avalanche. Why are AAA game studios choosing Avalanche? They're on a full PR run right here, and you can kind of see some of the things that you have to kind of focus in on with Avalanche. Shrapnel, Gunzilla, build on Beam, we've been talking about that. Again, Beam, definitely one that I'm watching very closely just in reference to the token itself. Obviously Shrapnel, we've had Shrapnel team on our show. Great graphics. Gunzilla, just the ability for them to be able to kind of leverage both traditional and Web3 I think is going to be a pretty big deal. Now let's remember some guys in the moves that you guys will probably recognize. This of course is Ryan White. And Ryan was over at Polygon, and now he's moved over to Optimism. So I knew he wouldn't stay out of the business long. And the interesting thing since Optimism, this is just something that you have to look at, if you look at Optimism in general, a little bit of activity here, this is just on the price. Market cap right here as you can kind of see it exploding a little bit, 1 .6 billion currently. And if you look at the Explorer token unlocks, there are some things getting ready to unlock in a big way here. So I don't know, could be some action going on here. So I would just be very aware of that. If you are looking at or really analyzing Optimism OP as a whole, just something to be aware of. There's getting ready to be a pretty significant unlock. What does that mean? It means that we're going to see a dump. For some of you guys who have not seen or been around the crypto markets very long, if you haven't subscribed to the channel, eventually you'll start to get and understand kind of the vernacular that we use and what the industry use, follow crypto Twitter religiously and make sure and follow the projects themselves. Because a lot of times there's a lot within the projects and the devs within those projects that can be looked at that can kind of set you on a research role that I think you'll pay attention to. A good example, a tweet from Alexander from Scott Mavis, Axie Infinity, if you guys are, maybe you have been around crypto gaming for a while, you know Axie, but if you haven't read up on it, learn a little bit more about what Axie did because they were really one of the first ones out there. Now what he's talking about here was in reference to a show we did last week where we released a PBN exclusive and that was Roblox talking about introducing NFTs into Roblox. This was actually the piece that Alexander is talking to specifically. It was an interview with Squawkbox and the CEO of Roblox and it was all about the potential for NFTs. Short answer, yes they're going to be planning, it's coming into their roadmap and I think that was what Alexander of course is kind of referencing is that hey they've been involved with Roblox often and of course they've got investments from them and plans for Ronan and Axie and all that starting to play together. Point being is that there's a lot of intersection between what's happening in traditional gaming, Web 2, and what is getting ready to happen in Web 3, which is why everybody needs to be paying attention. This is a good example right here, Gala Games putting out a simple tweet, never short on Web 3. You'll notice this little icon right here guys, does anybody recognize that? I'm going to zoom in on that just for you guys a little bit. Right there, does anybody recognize that? Yeah, well that's IMX because they bought the hashtag and now every time that's being used, kudos to Robbie, you just punked everybody on crypto Twitter for sure. Interesting stuff out there. Games are being played in many ways right now and it's more than the kind of blockchain games that we're thinking about coming our way. Alright rolling out another topic, of course many of you guys have probably heard us talk about Zilliqa way back in the day. Well they're active again and guess what, they're making the Fusion Gaming Hub, the first ever Web 3 gaming platform available for download through the Microsoft Store. It's real guys, there's a Web 3 platform called Fusion, right there Fusion, on the Microsoft Store and you'll kind of get here Web 3, some of the things that are happening there. I don't know, I'm just, we'll see. But the point is, is that someone's going to be first and of course this is interesting that this was the case. Alright further into it, let's go over here, Chili's on the move again, likely to be on the move for some time with this move right here, announcing that Animoca Brands joins Chili. Chili's as a new validator, so they aligned the blockchain innovation with Chili's Sportfi, we've talked to Chili's before, we've went around Chili's and if you don't know about Chili's check out some of our videos because we do a full breakdown. Think of it really as a blockchain for the fans of a lot of these major sports leagues and this could be everything from MMA to soccer, etc, you know, European football for those of you in Europe. And then another one I want to hit on of course, this is Yat -Su right there, starting to rev up the engines with of course Torque. We had the Torque, well rev on their team on, so we were dropping a video this week, you guys are going to not want to miss it, make sure and check it out, this is just giving you kind of a precursor. Another thing that we've got coming is an interview with the HiveMapper team and if you guys don't know about HiveMapper, this is the company that is really expanding mapping in the blockchain and what that might mean for every kind of company out there in logistics, all that. This is the utility scenario that plays into a lot of that. So just, it's a good one to watch, we're going to drop a video on that this week as well. Alright, just as an example, this of course as everybody understands, Atlas was one of the first movers out and of course that as we've seen with in terms of their amazing development as a game overall. Others to watch this week, Uniswap we're kind of keeping a close eye on, if you're watching some of our videos you'll know why, go back and look at our video a little bit more on stablecoins tokenization and around that. Other ones to keep an eye on, I want to kind of scan down in here, this is Chiliz, this is the one that we just mentioned a second ago. This is another one to keep an eye on and a handful of others, there's obviously Wild, we've talked about Wilderworld before, over, a couple others you might want to take a look at. Anyway, the point is that we're starting to see a little bit of activity in Web3 around a lot of these games and eventual platforms of what's gonna play into the future of gaming as a whole. Alright, if you guys are not part of the Diamond Circle, make sure and get in right now, it's one of the best places that you can get additional alpha from us. Couple of podcasts, Kyle has his Web3 and business podcast over there, it's a great one, listen to that one. And if you want to follow me out there on X, it's at Paul Baron, catch you next time right here on Tech Path.
WTOP 24 Hour News
Fresh update on "g league" discussed on WTOP 24 Hour News
"Brought to you by Navy Federal Credit Union, where members are the mission. NavyFederal Visit .org, insured by NCUA. Sports at 25 and 5. Powered by Maximus, moving people and technology forward. Rob is here with some college hoops. Yeah, that's right. The first college basketball game of local interest under way in down Tennessee. George Mason looking for an upset of the 17th ranked volunteers. The Patriots scored first and despite 35 % shooting so far, they stick close to Tennessee. It's 15 -12 midway through the first half. Two other games tip off at the top of the hour. GW hosting nearby Navy as a 10 and a half point favorite. UVA favored by 23 and a half over North Carolina Central. Tomorrow night it's Maryland hosting Penn State Big in Ten play and Kevin Willard says it's a challenge just from a standpoint of getting the new guys understand that the older guys understand the importance of these two games in December. Getting the younger guys and the newer guys to understand that importance is very difficult. The Terps went unbeaten at home in conference play last season. The Jaguars Trevor Lawrence may have dodged an injury as bad as feared. has He been diagnosed with a high ankle sprain that does not require surgery. His return is uncertain as to when he will return. The NHL announced the 2024 draft will be held in Las Vegas and that the league is finalizing plans to have it at the 18 ,000 seat sphere. If successful, the NHL will be the first league to hold a sporting event at that time. Thanks, UTOP Sports. Alright, thanks Rob. Up ahead on WTOP, the latest details on that house explosion in Arlington, 656. America needs a reliable supply of semiconductors. Only one company designs and manufactures leading -edge logic chips in the U .S., and that's Intel. With support from the CHIPS Act, Intel is investing more than $100 billion over five years to make America a semiconductor leader, bringing innovation, opportunity, and jobs to America. By expanding in Arizona, New Mexico, Oregon, and Ohio, we will fill vital supply chain gaps and boost our economic and national security.
The Aloönæ Show
A highlight from S14 E13: Basketball Coach to Godipa Leader
"Hello, welcome to the Eloni show. I'm your host John Meloni in this episode don't have regulars cuz reasons I guess As for I guess he's from Almeri Netherlands he is a writer and he used to be a professional basketball coach and also Have a leadership and meditation group along with his wife called God pier Ladies and gentlemen, I give you Marco van Dan Berg Scholten Excellent you pronounced that very British Lee. Thank you So, how's life oh really Wonderful, actually if you don't get immersed in the news on the world Things going on in the world between nations And I Limit yourself limit myself to my inner world. Life is very very nice and very rewarding as of now. Oh Okay, I could say that and Have you been up too much recently? Yes, I've been busy Promoting my first novel Which is much More work than I'd anticipated. It would be And I'm actually daily writing on a second novel I Do that every morning. I was actually at it just now And then I have a 16 year old daughter Who who requires Some answers every now and then and I also have a wonderful marriage with a wife who travels a lot So I've been very busy actually Very good. Very good so What is it you mainly do for a living? Well, I like us like I like you can see in my bio. I was a basketball coach for the last 34 years professionally and I I own a very small leadership company in Germany That Every now and then I take Some small assignments in that regard Mostly individual Coaching of leaders every now and then also questions concerning group dynamics And the money that I make from those things can still sustain me Fabulous yes So what what was what was it like being a professional basketball coach oh It was it was very interesting in a learning experience for sure because I always wanted to be a player myself and I never really thought of becoming a coach I studied journalism and then history But I got injured very young And then my coach asked me to become his assistant coach, this is all during my study times my period of university and From that on I did three years of being his assistant coach in the first league I I was asked to become a basketball coach, which was never in the cards or at least not consciously planned so I rolled into it as we say in the Netherlands and I rolled on for 30 years basically and and each each new season each new year I learned something new and you also the thing that I Like most about it is incredibly honest work Because everything you put in or fail to put in your team is immediately represented on the floor You cannot hide it.
Bloomberg Radio New York - Recording Feed
Monitor Show 18:00 11-12-2023 18:00
"Financial advisors, are you looking to add or switch custodians? Are you going independent? Interactive Brokers provides lowest cost trading and turnkey custody solutions for all size firms. Trade globally from a single integrated master account with no ticket charges, no custody fees, no minimums, and no tech platform or reporting fees. Plus, IBKR has no advisory team or prop trading group to compete with you for your clients. Switch to the custody solutions that work for you at IBKR .com slash RIA. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Monday, November 13th in Hong Kong. Sunday, November 12th in New York. And coming up today, the U .S. says restoring military ties with China is a priority at this week's meeting between President Biden and Xi. Treasury Secretary Janet Yellen plans to visit China again next year. Chinese tech giants Alibaba and JD .com report sales increases for single stay. Hostage talks between the leaders of the U .S. and Qatar. Netanyahu says his ground offensive is saving lives in Gaza. U .S. attacks are on targets in Syria, some compromise on U .S. funding. I'm Ed Baxter with Global News. Manchester City moves atop the Premier League table with a draw versus Chelsea. I'm Dan Schwartzman. I'll have that story and more coming up in Bloomberg Sports. Hi, everybody.
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 11-10-2023 19:00
"Interactive Brokers pays up to 4 .83 % on instantly available USD cash balances in your brokerage account. How much interest can your broker pay? Interactive Brokers' conservative and prudent risk management uniquely positions them to pay up to 4 .83 % on uninvested, instantly available USD cash balances in your brokerage account. The best informed investors choose Interactive Brokers. Rates subject to change. Visit ibkr .com slash interest rates to learn more. And the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Friday, November 10th in Hong Kong. Thursday, November 9th in New York. Coming up this hour, a hawkish Jay Powell puts markets on notice and says the Fed will tighten policy if appropriate. Treasury Secretary Janet Yellen meets with Chinese Vice Premier He Li -feng to lay the groundwork for improved economic relations, and China's top chipmaker, SMIC, reports quarterly sales below expectations. Israel agrees to Northern Gaza pause. Biden administration is hoping for more. Biden pledges auto industry efforts in EV to fight back China. New Bloomberg polls show swing state voters don't want a choice between Biden and Trump. I'm Ed Baxter with Global News. Liverpool suffers a shock defeat in a Europa League group stage match. I'm Dan Schwartzman. I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia. On Bloomberg 1130 New York. Bloomberg 99 .1 Washington, D .C. Bloomberg 106 .1 Boston. Bloomberg 960 San Francisco. Sirius XM 121. And around the world on BloombergRadio .com and via the Bloomberg Business Act. It's a little past nine in the morning in Tokyo, so we have trading in Japanese equities and in U .S. treasuries. And the theme today is...
The MMQB NFL Podcast
A highlight from AFC Favorite & Our Midseason Awards
"Tis the season of making the perfect wish list and the perfect playlist with Bose Quiet Comfort Ultra Earbuds and Headphones. Breakthrough immersive audio uses specialized sound to bring your fave holiday classics to life and world class noise cancellation ensures a not so typical silent night and an epic holiday party of warmth. It's everything music should make you feel taken to new holiday highs. Visit Bose .com forward slash iHeart this holiday season and shop sound that's more than just a present. The one thing we can never get more of is time or can we? This is Watson X Orchestrate AI designed to multiply productivity by automating tasks. When you Watson X your business, you can build digital skills to help human resources spend less time generating offer letters, writing job recs and managing schedules and spend more time on humans. Let's create more time for your business with Watson X Orchestrate. Learn more at ibm .com slash orchestrate IBM. Let's create. Hey folks, you want to tackle new floors in your own home? Let me tell you about LL Flooring. With over 25 years as the flooring experts, LL Flooring is here to coach you through the process. You got to find the right floors at the right price for your project and they're gonna make it easy. As easy as 1, 2, 3 floor. Whether you're looking for hardwood, waterproof vinyl, laminate or tile, LL Flooring has a lot of family floors to match. They even offer professional installation. Visit one of over 400 stores nationwide or shop online at llflooring .com. That's LL Flooring, every step covered. Hello everybody and welcome into the Monday morning quarterback podcast. I am Matt Verderam alongside Gilberto Manzano as always here in the midweek edition of the show. We've got a lot to get to because last week might have given us the best slate of games we're gonna have all week long. We had four games that everybody thought were gonna be great and as it turned out, three of them were pretty good. One of which was a blowout. We'll get to all them here in a minute then of course we have our week 10 lines of five games that we're gonna focus on from our SI Sportsbook odds and then from there we also have the midseason awards that we have to get to as we are halfway home in the 2023 NFL season. Before we get to all that, let's welcome the other man of the tandem, Gil, what's going on man? How you been? Yeah, I'm doing well. Matt, as you know, I like to brag about my wins and complain about my losses and last week was a good week. I went 12 -2 with the picks but I am pretty disappointed that I betted against Joshua Dobbs. What a game, right? Unbelievable. I'm annoyed. You went 12 -2, I went 11 -3 and I feel like 11 -3 should have given me some bragging rights for the week and yet it did not happen. So I will say on the whole, our group, yourself, myself, Connor, Orr, Albert Breer, Mitch and John our editors and Claire, another editor of ours as well that does great work, I feel like everybody's picks have been really pretty good this year. There are some years you look at picks and go, oh my god, I'm barely above 500. Right now, I've got the sheep pulled up in front of me, so the best record is Albert who's 95 -41, went 11 -3 last week and then after that, Claire Kawana is right behind him with 92 wins and then in gold it says 87 wins and then it's myself, yourself, John and then Connor Orr at 75 and 65 pulling up the rear, so Connor's got to step up. Connor is bringing down the credibility of this entire group. That's not bad for last play, so 10 games over 500? His thing is, we all do our upset picks and he's done 50 upset picks. I think I've done like 16. So that's part of the reason, but yeah, the picks are good and of course people that want to can read those over at SI .com, we put them out every week. The editors are nice enough to put that together. All right, so last week, like I said, we had some great games. We had Chiefs Dolphins over in Germany and then we had Ravens, Seahawks, which we thought would be a great game, turned out to be a massacre, Late Window, Cowboys, Eagles, which was one of the wildest games I can remember seeing in quite some time and then of course we had Bills, Bengals at the end, the Sunday night game there and so like I said, we'll get to all those. Let's just start with how the day actually started. Over in Frankfort, Chiefs build up a 21 -0 lead on Miami. Miami comes back, makes it 21 -14. They had a couple drives at the end where they could have tied the game, even taken the lead if they went for two. They got into Kansas City territory both times, but both times ended up going backwards, lose the game. They dropped to 6 -3. Chiefs, of course, improved to 7 -2. Both teams go on their bye weeks. I'll So, let you set the stage here, Gilberto. What is it to you, is it more about the Dolphins that game or is it more about the Chiefs? It is more about the Dolphins because they can't beat a team with a winning record and don't tell me the Chargers are .500 and the Dolphins beat them. They barely got to .500, so I am concerned about the Dolphins, but I don't want to let the Chiefs off the hook, Matt, and I know you've been writing about this, but the Dolphins have been pretty average. It got to a point where now Mahomes is saying, yeah, we sting. We're pretty bad. Go talk about the defense. That defense is carrying us the entire season. You know what's kind of funny, Matt? This season, it feels like the team with the best defense might win the Super Bowl, and the Chiefs still have the best defense right now, it feels like, so it's kind of a weird irony, but you expect better from Mahomes and Kelsey, but the wide receivers, they can't create separation. And it wasn't for that awesome fumble, reverse play, whatever it was from Cook there. They would have probably lost a game there, but what's going on with the Dolphins offense? Averaging 17 points against the Bills, Eagles, and the Chiefs, so I go with the Dolphins there because I feel like the Chiefs could figure it out. It's halfway point in the season, they're just cruising by, and I think something will finally break out there, but I'll let you maybe talk about the Chiefs a little more. But the Dolphins, man, you're supposed to be the most explosive offense, highest scoring, and you can't even get a first down. It's like, do they have too many home run hitters? Too many touchdown makers? How about some chain movers? How about some first down people? How about some quick outs, and just get four or five yards, and everything just feels like a home run, and they don't adjust, and they don't kind of make end game adjustments because credit to the Chiefs, and Tyreek Hill said it too, they covered, there was great coverage on Tyreek Hill, so it's kind of one of those games where like, why not get a tight end that can help you out here? Why not get some guys that can make it easier? How about go to Raheem Oster a little more? He had like 12 carries, and he's averaging 7 .1 yards per carry, so I don't know what's going on with Mike McDaniel on two, and two was pretty bad in that second half there. Yeah, he had the touchdown to Cedric Wilson, but make some adjustments, Mike McDaniel, and stop going for the home run ball, Tua. Yeah, look, first of all, I agree, I think the Dolphins are the bigger storyline coming out of the game. Like, they've now played three really good teams, and they've lost all three of them, and they came back against Kansas City, but they were getting killed in that game too. They were 21 -0 midway through the third quarter, and frankly, if Chris Jones doesn't take one of the dumbest personal fouls you've ever seen, it's probably 21 -7, and we're having a different discussion. I think your point though, man, is good with the Dolphins in the sense of like, there's timing strung off. They're just dead in the water. They have no answer for it, and we've seen that now multiple times, this year and last year. Kansas City basically said, we're going to get up on the line of scrimmage, we're going to get our hands on Tyreek Hill, we're going to reroute them, we're going to cause problems. Look, who knows them better than the Chiefs, right? I mean, they know what can cause some issues, and they actually went back and watched practice tape of a couple years ago to try to figure out how to stop them. They went back and watched how they worked against him in team drills and practice, and tried to figure out some things, and it obviously worked. But from the Chiefs' angle of this, listen, the offense is a disaster, okay? They had 46 yards in the second half of the game in a turnover. But they're 7 -2 in the number one seed in the AFC because the defense is incredible, and they're just shutting people down left and right. If you go and look this year at teams that have played the Chiefs, nobody's thrown for 300 yards. Kirk Cousins came the closest. He was up in the higher 200s because he threw a million passes. But if you look at Gough's numbers, 253 yards, one touchdown, which was a good game. That was without Chris Jones that week. Trevor Lawrence, they didn't score a touchdown. He threw 41 times for 216 yards. Justin Fields threw for 99 yards. Zach Wilson, of all people, had one of the best days against him, 245 and two touchdowns. That game. wild And then you had Cousins, who went for 284 and two touchdowns on 47 attempts. Russell Wilson threw for 95 yards one game, and in the other game, the game that they won, he threw for 114. These teams, two I didn't throw for 200 yards. Nobody's throwing for yardage against them. They're second in the league in sacks, the first in pressure rate. They've got two elite corners in McDuffie and Sneet, and so, look, the question with Kansas City is obvious. Can this offense get going? Because if the offense gets going, they're probably the best team in the NFL. I mean, if they get even borderline top -10 production out of that offense, forget it. They have the week now to scout. I was texting with some people around the team, and I think there's a general thought of like, look, it's a bunch of little things that are throwing off the whole thing. Question is, how many of those little things can you fix in the next couple of months? The good news is you have Mahalem, you have Kelsey, you've got a good offensive line, you've got Andy Reid. The bad news is they have you and me at receiver. So, I mean, that's the question. My guess? They'll fix it to an extent. I don't think it's going to be a unit that you'll look at and go, oh my God, they're incredible. I think it's probably going to be a top -10 unit right around there at the end of the year. They're in the mix, but yeah, I agree, man. The Dolphins are definitely the thing that you'll look at right now, and the team you'll look at right now and go, all right, you're going to make the playoffs, but what are you going to do when you get there? Are you going to beat somebody good, or is there going to be a one -and -done? Matt, let me ask a quick question, because you watch this team closely, and I think I watch them good enough because they're always on prime time, but all these analytics people are saying, look at the EPA, look at the DVOA. They're top five in offense in all these categories, and I'm like, I get it. You keep showing me the numbers, but I keep watching the games, and the wide receivers are not that great. They're not scoring points. They had nine points against Denver, so I don't know what it is. Maybe when you said disaster, I'm like, okay, cool, because I was trying to play it safe. Maybe they're average because there's something here that I'm missing with the DVOA and the EPA. They're a disaster by their standards. By anyone else's standards, yeah, they're probably still an above -average offense, but by their standards, they're a train wreck. I will say this. People forget it because they won the Super Bowl last year. They were somewhat of a train wreck offensively the first half of last year, too. They had a bunch of games last year. They lost to the Colts last year. They muddled through a Chargers game that they ended up winning because of a pick -six that went 99 yards the other way. They struggled offensively against the Bills. They ended up beating the Raiders on a Monday night last year, but they were down 17 -0, and they needed to come back in that game. They were not good offensively for stretches of last season, and then they're them. In January, they cranked it up, and that was it. Even on one ankle, Mahomes did enough to win. But this has been the year before that. They were 3 -4 at the beginning of the year. They couldn't score a point in that season. That was the year Mahomes played, again, by his standards, not by anybody else's, but by his standards. He played poorly. You go to 2021, and they lost in the AFC title game. They were 3 -4, and then people say, oh, well, then they came out of it. They did in terms of that they won games. Their point totals after that 3 -4 start, they won 20 -17, 13 -7. Then they blew the Raiders out, scored 41, 19 -9, 22 -9. The last couple of years, they've had stretches like this, but by their standards, they're a disaster offensively right now. By the NFL's standards, they're probably somewhere between 10 -12th in the league offensively. So, got to take it for what it's worth. Yeah. All right. Let's get to the next game here. The Bengals and the Bills will go right to Sunday Night Football, speaking of a team that by their standards is an offensive disaster, despite what EPA will tell you. I'm not here to bag on the analytics, guys. I will tell you this. I'm a big eye test guy. You watch the Bills. My eye test, I don't care that they're fourth or whatever in EPA offensively. They have not been good over the last month and change. I don't think there's any way to say that otherwise. They go to Cincinnati. They made it a little bit closer at the end, but they were down 24 -10 with a few minutes left. They score a touchdown. They get the two, but they can't get the ball back. The Bengals now, 5 -3. Winners of four straight playing like we expected them to play at the beginning of the year. The Bills are 5 -4. It has been a struggle for them. They started the year 3 -1. Since then, they're 2 -3 going in the other direction. They have a very hard schedule. We'll get to that in a moment. What was your main takeaway from that Bengals -Bills game? Just the difference in quarterback play between Joe Burrow and Josh Allen and how to cover that game. I wrote about it. I kept seeing Joe Burrow moving around the pocket and extending plays. Then I look at the boxer, I'm like, wait, he has four rushing yards? I thought he ran for a bunch of yards. I know he had that one where he had the first down kind of signal. It's just when pressure comes, he knows how to move. It's smooth. It's not like he has to speed it up. He just says, okay, cool. You're right there, but I'm still going to do what I have to do and just extend plays. Matt, when it's Drew Sample and Tanner Hudson and Erskine Jr., Trenton Irwin, these guys are making plays. Then you look at Josh Allen, when the pressure comes, it looks difficult. It's chaotic. He has to kind of see what's out there and then, okay, force a throw or miss a throw. I get the Bengals defense is better than the Bills defense, so Burrow had maybe an easier time, but there was pressure. He was fighting pressure. I get it. The second there is not as good there, but it just seems harder for Josh Allen.
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 11-09-2023 19:00
"Business stories aren't just about business, they're also about policy, politics, finance, and more. With Bloomberg, you stay informed on global coverage that connects the dots. The Bloomberg mobile app now features Apple CarPlay and Android Auto, so you can get the latest live radio, podcasts, and audio articles in the car. Download the Bloomberg mobile app now to get started. Find it in the Apple App Store or on Google Play. Bloomberg in -car apps are sponsored by Interactive Brokers. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business App. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Thursday, November 9th in Hong Kong, Wednesday, November 8th in New York. Coming up this hour, Disney's quarterly profit tops estimates and the company will seek an additional $2 billion in cost savings. Farm Holdings gives a disappointing sales forecast as shipments of smartphones slow, and China probably returned to deflation last month. Israel says troops in the heart of Gaza. G7 says Gaza needs a pause but not a cease fire. GOP debate Haley DeSantis front and center. Ivanka Trump versus New York's Attorney General. I'm Ed Baxter with Global News. Manchester United suffers a shock Champions League loss. I'm Dan Schwartzman. And I'll have that story and more coming up in Bloomberg Sports. Just past nine in the morning in Tokyo, we've got trading in Japanese equities and now trading in U .S. treasuries as well. If you are joining...
What Bitcoin Did
A highlight from Bitcoins Full Potential Value with Jesse Myers
"This sounds crazy, and I get that, $10 million per Bitcoin is what this resulted in, and I think it's kind of conservative in its estimates, and that's crazy. Good morning, everybody. How are you all doing? It is raining here in Bedford. It feels like it's rained every day this year, it's a nonstop rain. Anyway, it was a late night, I went out to watch Railbit for last night, and it won again. Still top of the league with a little gap opened up, as MK Irish were not playing. That's our men's and ladies' top of the league. And listen, if you've got nothing on this weekend, on Saturday before the football, we have got a Bitcoin meetup, and we're going to be joined by Robert Breedlove. Yes, I am getting Breedlove in Bedford, and we're going to do a meetup before the game. Talk about Bitcoin, money, a few other things. So come and join us, that's from 12 o 'clock at McMullen Park in Bedford. There will be pizza, beer, and soft drinks provided. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the massive legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host Peter McCormack, and today I have Jesse Mayers, aka Crocius, from OnRamp Bitcoin on the podcast. Now in this interview, we get into his article, Bitcoin's full potential valuation, and we discuss what is causing Bitcoin's value appreciation and just how high it can go. Now, it was a very interesting conversation, and I've been following Crocius on Twitter for a long time now, and I really like his writings, so it was cool to get him finally on the show. Now, if you've got any questions about this or anything else, then please do hit me up. You can reach out to me as hello at whatbitcoindid .com.
The Bill Simmons Podcast
A highlight from An NBA Power Poll, Plus Malcolm Gladwell Plays Sports Czar
"Coming up, an NBA Power Poll, Malcolm Gladwell. This podcast is an A plus. Next. This episode of the Bill Simmons Podcast is presented by Airbnb. Maybe you're traveling to see friends and family for the holidays. When you're away, your home could be an Airbnb. Whether you could use a little extra money to cover some bills or for something a little more fun, your home or spare room might be worth more than you think. Find out how much at Airbnb .com slash host. We are supported by McDonald's. This month, McDonald's is upping its game by introducing two beloved sauces to its lineup. Mambo sauce and sweet and spicy jam. Hmm, why do I love these? Well, they both pack a spicy punch. They let you switch up the flavors in your usual order. I like having more choices. You know what, if you're gonna give me eight choices, why not give me 10? The sweet and spicy jam sounds delicious. These two sauces are only available for a limited time and participate in McDonald's. So make sure to try them while you can. Tap the banner to learn more. We're also brought to you by the Ringer Podcast Network. If you missed it, we started, wait, that movie made how much money? Month last night on the rewatchables. We did Robin Hood, Prince of Thieves, me, Chris Ryan, Van Lathan, it was a wonderful experience for all of us. Van looked at Chris at one point and he said, everything I do, I do it all for you. Oh no, that was Bryan Adams, but we had a great time. Coming up on this podcast, I'm gonna do an NBA Power Poll at the top because there's no games as I'm taping this on Tuesday. So let's, where are we after two weeks? I tried to fly through this. I limited myself to 22 minutes. I think I went two minutes over, but I flew through it, tried to get off as many comments as I possibly could. And then our old friend Malcolm Gladwell is gonna come on and do some sports hour stuff. There's some things that he's noticed about direction sports are going in that he doesn't like, and we're gonna try to fix it. So that's the podcast, first, our friends from Pearl Jam. Here we go. All right, I'm gonna throw an NBA Power Poll at you. I'm not sure I'm gonna do this every Tuesday, but I definitely wanna do this some Tuesdays. I'm gonna go through all 30 teams as fast as possible. And I'm gonna throw things out that I feel like are important when necessary. Pot shots, important comments, things I've noticed, some fake trades, you've known me for a while. It's gonna be all the typical stuff. Going backwards from 30 to one, I'll give you the groups as we go. The first group is called the Dregs. That's Washington number 30. They are 30th in defense. And the only reason they're 30th in defense is because we only have 30 teams. I actually think there's some way they could have been 36th in defense. They're the only team in the entire league that I do not wanna watch on league pass for any reason at all. They're one and five, 15 .6 point differential against them. Shoot this team into the sun. I cannot believe House thought this team was gonna go over 24 wins. They might not go over 14 wins. They're awful. I never want them on my TV. Next group, probably the lottery. I say probably, but I'm gonna zip through these teams and then go back to somebody. 29 Utah, 28 Portland, 27 Detroit, 26 San Antonio, 25 Charlotte, who is way more fun than I expected they would be to watch, and 24 Chicago. It just feels like the lottery's in the future for all these teams. I wanna talk about San Antonio really quick. Three and four, kind of a sneaky, tough schedule. They played Phoenix twice, the Clippers, Dallas, that goofy Indiana team, Houston, and Toronto. They're minus 8 .6 point differential because they've gotten blown out a couple of times, and they're 29th on defense, which I was surprised by per 100 possessions. The thing that I wanted to point out here, because this one Benyama thing is super important. This is the best teenager that's come into the league, at least since LeBron. We can debate. LeBron, I think in year two, for two months at least, was a teenager when he was putting up 27, seven, and seven. When he started his 27, seven, seven cycle. Wembe might be the best teenager I've ever seen. They're starting Jeremy Sohan at point guard, and Pop's been transparent about this. No, no, we know we're gonna take some lumps. We're trying to figure this out. I went to the game when they played the Clippers, I talked about it in a previous pod, and it was just an absolute debacle, watching poor Sohan try to run the offense, bring the ball up. Now we're seeing teams starting to pressure them because he's not a point guard. He's a small forward. There's crazy stats now. Trey Jones, just by being on this team and not being Jeremy Sohan, is now one of the best advanced metrics point guards of all time. Right now, his per 100 on -off is plus 28 .3 because Sohan is minus 22 .7. That's how disparate the two things are. Which brings me to my point, this is too important. You have the best teenager maybe ever. You have one of the best league pass players already in the entire league in Wimby. I have no idea how long he's gonna stay healthy, knock on wood, hear me knock really loud. I just got my dog going. No, that was me, dumb ass. They need one more point guard. TJ McConnell is on Indiana, and they have Halliburton, who's averaging a 24 -12. He's awesome. They have Nembhard, who's great as a backup. McConnell's like, he's 13 minutes a game. He's clearly a trade piece for them. Just go get him. I'm not saying San Antonio has to make the playoffs, but they need to be entertaining, and Wimby needs to play with point guards. He clearly needs just to play off people, high screens, all that stuff. They need one more point guard. TJ McConnell is my choice. They have all their own firsts. They're not gonna trade those obviously, but they have some goofy picks. They have Charlotte's top 14 protected first. They have a pretty good Chicago first that I wouldn't give up. They have a first swap with Boston. There's ways to do this. I would just put that Charlotte pick next year on the table and just grab them because you guys hit the lottery. Literally, with Wimby -Dyama, literally hit the lottery. You hit the lottery and you hit the lottery. Get to do two point guards. We're not asking for much here. I wanna watch this guy. I wanna enjoy him play basketball. All right, next section is panic time. Number 23, Memphis. They're one and six. They finally got out to Schneider. And number 22, Sacramento, who lost twice to Houston in three days by 18 and 25. No Darren Fox for either game. Panic time in this respect. I know we're six games in the season, seven games in the season, but the West is one of those things where you're gonna look up and the car is left. The car has left the driveway and your family is gone. You're gonna be basically Kevin and home alone if you don't get your shit together. And I don't even wanna be two games under 500 in the West. That's how deep and good the West is. So when you're one and six, like all of a sudden two and 12, two and 13, Sacramento could all of a sudden be three and nine. I would just be nervous constantly. This is not like last year when the Lakers started out two and 10 and ended up making the playoffs. Nobody is doing that this year. The cutoff line is gonna be 46 wins. Memphis looks, they just can't score. And I think it's gonna be really, we talked about this verno last week. It's gonna be really hard for them to crawl back and be at least like 11 and 14, something like that by the time Ja comes back. The Sacramento thing, we predicted this when we did the over -under preview, like the conference is way better and they stayed basically the same. And now Fox is hurt. So it can take Fox going out for 10 games and all of a sudden you're not even in the playing game. I would just be nervous, so it's both of those teams. Again, it's early. Next group, friskier than we hoped. We have number 21, Brooklyn. Ben Simmons averaging almost 11 rebounds and seven assists a game. And yet you can't play him at crunch time, bizarre. Number 20, Orlando. Number 19, Houston. Number 18, Indiana. And number 17, Toronto. Just quickly on Houston, a delightful league pass team. I had no idea. It's like being at a buffet dinner and somebody brings like some, have you ever had a fried oyster? It's like, great, I'll try that. And then it's delicious. They play hard. I like watching them. And I did not expect a Shungun to be a potential all -star, but that's where we are. They're three and three. Again, they beat Sacramento twice, we'll see. But Orlando at number 20. Every time I do this, I'm gonna have a BS all -star of the week. I used to do this when I wrote my column back in the day. I used to call them the Bill Simmons all -stars, just people that I just liked for whatever reason. I love Jalen Suggs. I don't really know fully what he is. He tries harder than everybody on every other team. He really gives a shit. He feels additive in all these different ways. And yet at the same time, he'll absolutely like airball a three in one of the biggest moments of the game. But that guy cares. I watched a game where he got this hustle rebound. Can't remember who they, they lost at the buzzer. Get this hustle rebound and dribble back out and took a three and missed it and put his jersey over his head for like the next minute and a half. I actually think he might've been crying. He was so upset they lost. He is the most competitive random guy in the league. I love Jalen Suggs. Oh, as Saruti said, it's the Laker game. I love Jalen Suggs. I don't know what he is. He might just end up being like a seventh man on a championship team at some point. He's gonna have a moment on a good team. I don't know if Orlando's gonna be the team, but it's gonna happen for that dude. I also really like Anthony Black more than I thought, but we'll see. It's early for this team. Palo hasn't gotten going. Somehow they're four and three. We'll see when the schedule gets harder. Toronto at number 17, just the Lakers miss Schroeder. And I like what Schroeder's doing in Toronto. They're three and four, but they easily could be five and two. I've been watching them because I have their over under, I bet on. And I like where Toronto's at. I think they're better than they were last year. I think they're at least a playing team. Number 18, Indiana though. So their second in offensive rating and 25th in defense. In the 25th, I was actually surprised it wasn't worse. They can't guard anybody. They're shooting 43s a game. Their top six guys are all over 40 % three point shooting. They're kind of like the 80s Nuggets, but with threes. And they just play with a certain pace. And some days it's going to be bad. Like the Celtics put 155 points on them and it probably could have been 160 if they'd made some shots. Hal Burton's special. He's a 24 -12 this year. But the crazy thing about their offense is that Matherin's been terrible. And Matherin was a guy that they were like, this is going to be our guy. He's making a leap. We're going to trade Buddy Heald. We got to give the card keys to Matherin in that spot. And he's been bad. And their offense has still been pretty good. This is a team that anytime you see them, I don't know if you bet basketball, but if they're like plus 11, plus 12, it's like they could beat anybody any night. I'm just telling you. I'm not saying they're going to win a round in the playoffs, but just night to night, that's a team that they could just go 22 for 45 from three, make some shots. And Hal Burton, they actually should be five and two. Hal Burton blew the last possession against Charlotte the other night. But I've enjoyed watching them. I've watched an insane amount of basketball, by the way. All right, next group, the wildcards. I don't have a lot to say about these teams, but we'll go in order. Number 16, New Orleans, just seem jinxed. I'll come back to them in a second. Number 15, Cleveland. I want to see them with Garland and just, I want to watch them for a couple of weeks. I like the Struce edition, but we'll see. The Knicks, they're three and four. Nice win against the Clippers. The Randall thing continues to be nuts. Now he's taking out guys in the other team. Clippers 13, just traded for Harden. We talked about the Knicks and Clippers last week. Look, the Clippers, they played one game and they got killed by the Knicks. They're worse. I told you that last week. Still feel that way. Guess what they can't do now? Any transition stuff. The Knicks, 26 to six in fast break points last night. Rebounding. They got out, rebounded by 17 by the Knicks. Harden just brings so many things that you don't want in a starting five, but then he brings the great passing and the scoring and he can have the ball all the time. They don't need anyone to have the ball all the time because they have all these other guys who need the ball. I just don't like the trade. I continue to not like it and I don't understand it. I actually liked the team they had before they made the trade. So congrats again, Clippers. Number 12, Miami. 28th offensively. Kind of feels worse when you watch them. They haven't had their full team for a couple weeks. I'm not gonna judge them at all until December. I'm not gonna judge Dallas either. Dallas I have at number 11. They're six and one, fourth in offense. They've had a really easy schedule. So that's why, let's see what happens. Their one loss is to Denver. Let's see what happens when they play some tough teams all in a row and have one of those four games in six nights or three on the road. One of those situations. But they are in better shape than they were last year. And you look at the Grant Williams piece, which I'm not spiteful when I watch my old players. I'm rooting for Grant Williams. It's like seeing somebody you dated that you still have a good relationship with. It was nice to see him do well for them. Derek Lively seems like they have something. We talked about him last week, but he's at least like a rim runner in that kind of Nick Claxton world, but maybe a little more violent alley -oop or a little young Clint Cappelli. The Kyrie thing is the piece that I'm really interested in this. He finally had a good game last night, but for this season, 24 % shooting, 3 .8 free throws a game, which are always the two numbers to look at with Kyrie. What's he shooting threes? Is he getting in the line? And so far it's been neither, but he seems happy. When you watch them, they've been a surprisingly pleasant watch, and he seems like in a good spot. So I don't want to jinx it because as annoying as he's been over the years, and you know my stance on Kyrie, I just don't trust him. And I just feel like a seven -year track record of imploding kind of has to start to mean something after a while, but it is fun to watch him play basketball. And it does feel like he's got a specific spot on this team. They don't have to rely on him too much. It's very similar to where he was in 15 and 16 and 17 with the Cavs where he could kind of float in and out like a cat with LeBron. It's like, I'm feeling it. Oh, all right, let's give Kyrie the ball. The shooting going down though, it's a small sample size, but they also haven't been playing tough teams yet. And I'm just monitoring that because with guards, it can kind of sometimes go sideways pretty fast, and you don't realize it happened until after it happened. Just quickly going backwards to number 16, New Orleans, because they lost Ingram, they lost McCollum already. And they have this Hawkins who they drafted that everybody liked coming out of the draft, but the fact that he can play right away has actually kind of saved them a little bit. I just, I still feel like we need to do some sort of ceremony or something with them. Like we need the people from the Conjuring to just do something with New Orleans basketball. It just shouldn't be this bad every year. Your team shouldn't have two, three major injuries every year. You should have good luck at some point. And this goes back to the seventies. Remember, when they moved, when they became the New Orleans Jazz, their first major, major giant trade was for Gail Goodrich with the Lakers. They had to give up two first rounders, and he immediately blew out his Achilles. He played, I'm gonna say, less than a season. And one of the picks turned out to be Magic Johnson. So that's where we started with New Orleans, and it's been awful ever since. Nothing good has happened in this team other than they've won a couple of lotteries, but even the lotteries they won, the Davis, Anthony when they were in Charlotte before they got to New Orleans, they bring him to New Orleans and he wants to leave. And then they win the Zion thing, which seemed like the luckiest thing that ever happened to them. And meanwhile, we're still waiting for him to play two straight months. So Conjuring people, something. We need something to happen with that team. All right, the top 10. We're at a good pace right now. Where are we at? Yeah, feeling good. This is working. Young and hungry is the next thing. We got Oklahoma City at number 10 and Atlanta at number nine. If you remember, Atlanta was one of the, these are the two teams I was going nuts for before the season for their over -unders. I love the Atlanta over -under. I love the New Orleans over. And I like what I've seen from both. OK sees four and three, Atlanta's four and three. Atlanta's sixth in offense. And that's notable because Trae Young has sucked again shooting west. He's 28 % from three. Last year's 33 % from three. This might not be happening the next Steph Curry thing. Like what age does he have to hit where we have to go? All right, he's not the next Steph Curry. Because I think I hit that age last year at age, when I was age 53. I think I hit that for Trae. They killed Minnesota, which is notable. We'll talk about Minnesota in a second. But they really, I watched that game and they really, really, really handled them. I like this Atlanta team. And I think there's a path for them to be a three or a four seed if Trae can get going. And then OKC, trade for a big already. You're a guy short, like stop. You guys have a chance to be like a 50 win team. What are you doing? I want to see what's going on with Josh Getty in about two weeks. Whether it looks different than it has for the first couple of weeks here. I don't like, he's not going in the free throw line at all. 1 .3 a game. 26 % three point shooting, which we knew. He can't shoot threes. But there's also like the Chet piece of it. Seems like it's throwing them off. And I've watched games where they've taken them out at crunch time.
The Tennis.com Podcast
A highlight from Executive Director of The Bush Tennis Center Tim Stallard Talks Bringing The Pros The Texas
"Welcome to the official tennis .com podcast featuring professional coach and community leader Kamau Murray. Welcome to the tennis .com podcast. I'm your host Kamau Murray, and we are here with all things tennis. Mr. Tim Stoller, Tim is the general manager and director of the Bush tennis center down in San Antonio, Texas. And they are hosting a really cool tennis event this weekend. It is the, Tim, go ahead, give us the name. Yes, the San Antonio International Team Tennis Championships, and it's at Freeman Coliseum in San Antonio. However, the Bush tennis center is way out in West Texas, about 300 miles away in Midland, Texas. So that's kind of an interesting dynamic of this event. Yeah, we want to hear a lot about that because I'll be honest with you. You know, I built 27 tennis courts in the city and the Bush tennis center has the exact same mission as I do, and I'd never heard of it. So we want to dig into that. But first, let's dig into your background. You have put on more than 50, you know, ATP, USDA, Pro Circuit events, assistant coach at University of Texas, spent time on the court with Andy Roddick. Tell me about your pedigree, where you come from, how you got in the game, and how you were able to travel through so many different levers of the sport. Well, I actually, it started in Rockford, Illinois, way up north, and started playing tennis and just, it was one of those things after my parents got divorced a couple of times. I love baseball, but trying out for baseball teams was more problematic than just entering tennis tournaments. So I kind of fell into tennis through that and loved the sport. And you know, like you said, went on to coach at University of Texas and started, you know, just had some great players. And that's really how I got into starting to run events is I was trying to get wildcards and help out players that I was coaching. And way back in the day, I had two really great players in Texas. One was Julie Scott, who is an All -American at Stanford. And, you know, I couldn't get wildcards. And the other one was Elizabeth Schmidt, who played at UCLA and went on, now she's a head coach at Rice. And very deserving kids. And the USDA said, you know, if you start running tournaments, you get the wildcards. So at one point, I had 13 challengers across the U .S. And some of those challengers, like Champaign -Urbana, are still moving along. So it was an interesting process. So we've held calendars the last two years. And it is a tough business model. To have 13 of them, you know, they struggle to make money. They break even at best. To have 13 of them, you must have had a model that worked because no one would ask for it 13 times if you don't. So tell us about your experience with challengers because we see challengers in the U .S., you know, come on and off the calendar, right? And it hurts our U .S. players from, like you said, creating that vertical for where they're in, you know, the collegiate pathway, they want to try to hand it to Pro Tour, they can't get a wildcard, not enough events to spread the wildcards out. How did you make the challenger model work? Yeah, you know, I was able to get national sponsors. I mean, it covered everything. So I had great sponsors, AOL, Porsche Cars North America, Bear Stearns, HealthSouth. So I just went out. I had a great mentor, a big advertising company, GSD &M. The founders of that really kind of showed me how to put media value behind packages. And I found a kind of a good formula. So you know, I would have literally just, you know, Porsche would say, we need these markets and I would jump on a plane and go to Miami and find facilities. But it was a nice problem because I had all the financials together. You look at the challenger that was in Dallas for years, that was over 20 years that they had it at TbarM. So lots of great challenges throughout the years. Now when you would sell those packages, would the sponsor take all 13? Or like the major sponsors take all 13, then you add on locals? Or was it, you know, and the people would pick off whichever ones they wanted in the markets? Yeah, for the most part, you know, we'd have our major sponsors would take all the markets and then we'd sell kind of patron, local, because you always want the local community involved. So we'd have local patron packages. And we really did our best to make it a fun event, you know, pro -ams and music and access to the players. And, you know, for me, a big part of it was telling the story of the challengers. I mean, I love challengers because you have the veterans that are hanging on that come to get the points. You got the top juniors in the world and they clash at the challenger level. And you know, I'll never forget, I was in a drive -through at McDonals in Austin, Texas, and I got a call from Andre Agassi's brother asking for a wild card into Burbank. And at that time, I'd already, I'd committed, I had a player, Brandon Coop and Robert Abendroth, I committed my two wild cards, so I couldn't give him a wild card, but I was hoping the USTA would. And you know the story, I mean, he got a wild card, he played against Sarga Sargisian in the finals. They called it the Battle of Armenia. And it was a great tournament and it was great to see him come back a year later. He was already back to number four in the world. So it was really just an inspiration to see Andre. Yeah, so, you know, I think that one of the things we us to underestimate is like really the job of these challengers, right, especially in the US soil, is to help promote the next generation of player, right? So I always like to hear a famous story. So our challengers, our wild cards went to Ben Shelton last summer. That's awesome, man. I always hit the semis, obviously got to perform, got a wild card into, got to upgrade a wild card, got originally got a wild card in the Qualities of Cincy because he was in Chicago so long, upgraded to the main draw. And this year, Alex Mickelson wins our event, goes on and plays Newport, right, gets the final to Newport, loses to Manarino, I think. So tell me about another famous wild card story where you see, you gave a wild card to someone that has some potential. And then other than the story you told us where you're like, you know, we had a hand in that person's career. Well, a couple of them, one in Rockford, Illinois, back to Rockford, Illinois, I had a challenger there in February following the Midland, Michigan challenger that's still going. And I got a call from one of my idols, Nick Boletary, and said, I've got this girl, she's number one in the world. And she's not going to make the cut for the challenger. And we think she has a lot of potential. It was Anna Kournikova. So I gave her a wild card and she won it. And you know, I believe, you know, five months later, she was in the quarterfinals of Wimbledon. And what's cool about Anna is Anna came back and we've done a lot of charity events. And following, we did an event in Beaumont with Pete Sampras. And she flew after that over to Horseshoe Bay to do a free clinic with my wife and kids. And it was the first kids courts, it was the Andy Roddick kids courts out at Horseshoe Bay. But she flew over, you know, did it absolutely for free to give back to the kids. And she's amazing. But it's really funny that, you know, that started when she was 13 years old in frigid Rockford, Illinois, in February. So you mentioned your wife and kids, do your daughters play at all? They did. They're older now. They're once graduated from A &M. She's an architect and my other daughter is about to start her master's in communications at A &M. Now, did you tie your hand at coaching them? You know, obviously, I'm trying to coach my kids. And I'm trying not to let what happens on the tennis court blend into the car ride home or blend into the dinner table. But sometimes that's really hard. Did you try your hand at coaching them? And how did that go? Yeah, I did. My wife was really their primary coach. And my wife was a great player, all American at Texas, coached at Texas. She's number one in the Southerns, finalist at the Easter Bowl, just a great player. And we are very different coaching styles. My wife is very, you know, very, very fired up with the girls. I was a lot more laid back. And you know, when I go to their matches, I'd have the newspaper, my Starbucks, and they go, Dad, you're not even watching my match. Of course, I'm watching every point. But when they look at me, I've got my newspaper up and my coffee is kind of downplaying it. But they were great, you know, we're really proud of our daughters. And we officially became grandparents about a little over a year ago. But, you know, tennis was just a great experience for their life. And it, you know, for me, it changed my life. You know, growing up in Rockford, Illinois, my dad was an automaker, tool and die maker, neither one of my parents even know how to keep score in tennis. And like I said, after a couple of divorces, I had a wonderful coach, Pat Wicks, that gave me a lot of free lessons and I just worked my butt off and it opened doors. And, you know, that's what we're really inspired to do with the Bush AIDS Outreach Program is create that opportunity. And I mean, we have 100%, any kid that comes, we provide full scholarships, partial scholarships, we turn down no one. That's our mission. So we're real proud of that and we've helped a lot of kids and we're expanding that throughout the state of Texas and then happy to really help, you know, great foundations like the Ryan Brothers Foundation, John Isner. My wife and I, we went out and helped Sloan. Sloan had over 300 kids bust in from Compton at USC. My wife and I went out and helped with clinics out there to help Sloan, but she does amazing work year -round. So there's a lot of great stories and a lot of great things that, you know, people see these great players on the court, but I'm really inspired for a lot of things they're doing off the court. So tell me about the Bush Tennis Center. I would say I didn't even know it existed. I didn't know that the Bushes were big tennis people. I knew the Koch Brothers were big tennis people down there in Texas, but didn't know the Bush Tennis Center existed. So tell me about how the Bush Tennis Center came along and how you ended up taking the job. Oh, it's, in 2015, I had John Isner, Sam Querrey, and the Bryans, and we did a four -day run where we did Atlanta, Nashville, Midland, and then Camarillo, California to do something for the Bryan Brothers for their foundation. So those four guys, 2015, went through just to do a one -day event and just started talking to the people that founded the Bush Tennis Center and they were having some challenges with the business model, asked me to, hired me as a consultant initially. And I just said, you know, here's all the things that need to be done. And they're like, well, we want to hire you. I'm like, well, I don't live here. I live in Austin. My wife's director of tennis at Horseshoe Bay Resort. My company's in Austin. They're like, well, we don't care if you live here, just come and check into the Double Tree Hilton downtown Midland and come and figure this thing out. And you know, it was really neat because at that point I was working, I was trying to build a similar facility next to Dell Diamond with Reed and Reece Ryan, Nolan Ryan's kids. They owned the Minor League Ballpark there and we were kind of going down that road to maybe buy the ATP event in Memphis, build a facility like this. And you know, we're going down that road, but there was a lot of politics and just dealing with governments and stuff. I go out to West Texas and they're like, you know, here's the keys to the place. How much money do you need? Let's get it going. I mean, it's just an amazing opportunity. And we're on 35 acres. We've already on the far west side, we just opened a $4 million park designed for special needs children. So we've got zip lines. Everything is set up where kids can play just despite, you know, physical challenges. They can play side by side with all kids. We have a $4 million park. We just broke ground on a new 90 ,000 square foot athletic center, which will have five indoor basketball courts, 15 volleyball courts, a 75 yard turf indoor field. And then Lance Hooton, who I actually met through Andy Roddick, who's traveled with Andy. It's going to be a sports performance training center. And Lance Hooton's coming in and using his expertise to develop that as well. So, you know, it's a big campus and it's all set up as a nonprofit. It's a legacy for the Bush presidents. And you know, I feel like to some degree I get to be Santa Claus because I get to really help a lot of kids. And that's super important to me. And we've got a staff that is just amazing, that just cares so much about helping kids and really developing a great event, a great product. Now you're also building indoor tennis courts. And what people don't know is like in these southern markets, right, places where you just say California, Texas, Atlanta, Florida, even, he's like, why do you need indoor courts in those markets? Sometimes it is so hot, right, that you just need the, you need the roof for the shade, right? Or sometimes like in Florida, it'll rain all day, right? And you need the roof for the rain. So tell us why you would need indoor courts in West Texas. Well, a lot of times it's just too windy. I mean, we're just out in the middle of nowhere. It's flat as can be. And, you know, as they say, there's not a lot out there, but there's a lot under there. I mean, we're on the biggest reserve of oil on planet Earth, the Permian Basin and the Delaware Basin, you know, come right out of right out of Midland, West Texas. And but it's flat, high winds. So we lose a lot of days where, you know, the wind gets up above 25 miles an hour. It's not playable. Dust is blowing. And then, you know, we have one hundred and one hundred and ten hundred and fifteen degree days in the summer, and then it drops to twenty five degrees. That's just all over the map. So indoor courts will definitely help us. We're looking at doing eight indoor hard and four indoor clay, and there's no way to do outdoor clay. It would just blow away. So it would be so dry and you'd be you know, every year we bring in twelve tons of clay to sort of re -top off our red hard shoe courts. I mean, I would only imagine how much money you spend on. Oh, yeah. It wouldn't last.
What Bitcoin Did
A highlight from Bitcoin vs the Infinite Money Printer with Luke Gromen
"They're not going to cut the entitlements. They're going to print the money. And they're going to print the money with oil at 90. They're going to print the money with Bitcoin at 35 ,000. They're going to print the money. They're going to print the money. Happy Monday. How are you all doing? Did you have a good weekend? I did. OK. Real Bedford. They won on the weekend and were top of the league. So that is Real Bedford men and Real Bedford ladies both at the top of their respective league. What a start to the season. We've both got massive cup games this weekend. Get anywhere near Bedford and you want to come down, especially on Saturday, because before the men's game at 12 o 'clock, we've got a meet up. And I'm going to be joined by Robert Breedlove. So please do come down to Bedford. Come down to McMullen Park, enjoy some football, enjoy some Bitcoin, and hang out with the man Breedlove himself. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the massive legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host, Peter McCormack. And today, we've got macro genius Luke Gorman back on the show. Now Luke is one of our absolute favorites here at WBD. Me, Danny, and producer Ben all love Luke, and he brought the fire this episode. We get into the infinite money printer, the bond market getting crushed, inflation, and social unrest in the US. We covered the lot. I know you're going to love this one, but if you've got any questions about this, any feedback, anything else, please do hit me up. It's hellowhatbitcoindid .com. And if you haven't checked out our event next year in April, Cheat Code, please head over to cheatcode .co .uk to get yourself a ticket. All right, on to the show. Luke, how are you? I'm doing well, Peter. How are you today? Yeah, I'm doing well. I do wonder if we'll ever jump on one of these calls. We do every six to 12 months and be like, yeah, do you know what? The economy's good. The banks are making good decisions. The government's doing well. It has no inflation. The world's all right. That would be nice, you know, we could all go to the beach and have a margarita or something. Yeah, it's a bit weird. It seems like everything's just getting worse. We had planned all these things to talk about and just while Danny was setting up the cameras, I was flicking through, I hate saying X, I'm going to keep it to Twitter. And our mutual friend Linaldin tweeted out that the Treasury expects to borrow nearly 1 .6 trillion in net new debt during the six month period covering this quarter and the next quarter. Is there no limit to how much money they're going to borrow? It seems like the bond market is maybe making the early noises about attempting to restrict what they can borrow without Fed help, but it's really ultimately a function of what's the dollar, what's the bond market doing, what's the dollar doing? It's that classic rates versus currency decision. Can you explain that? Can you walk us through that? What is the bond market saying and explain it so I understand. Sure, so there's sort of the case for most places and then there's a case for the US because where the reserve currency is sure. And you also have this giant offshore dollar borrowing market, right, the euro dollar market, but there's 13 trillion dollars in offshore dollar denominated debt according to the BIS. So means that the implications of that are that as the dollar goes higher, so the Fed raises rates, the dollar goes up, dollar goes up, the foreigners who have borrowed in dollars see their effective borrowing rate go up, the cost of servicing that dollar debt goes up and so they need to somehow raise dollars. Well, they can't print dollars like the Fed, so where do they get their dollars from? Fortunately, or unfortunately, depending on which side of it you're on, foreigners have run surpluses against the United States by virtue of how the system works for a long time and particularly in the last 25 to 30 years. And so foreigners have about 18 trillion dollars net, so I don't want to say it's closer to 40 trillion gross, but I think it's 18 trillion dollars net in US dollar assets more than we have of theirs. It's this net international investment position I've talked about. So they have 18 trillion dollars of dollar assets, about seven point six trillion of that are Treasury bonds. And so, yes, they are short dollars, but only to the extent they are unwilling to sell treasuries to get dollars or sell stocks to get dollars to defend. And so what you see is this virtuous or vicious, I guess it is vicious cycle where the dollar goes up. Foreigners are forced to sell treasuries that rates go up as rates go up, the dollar goes up. You wash, rinse, repeat until we either get a calamity or more likely more. The way it's worked really increasingly frequently is the US Treasury market gets dysfunctional. And there's an index we follow called the move index. It's the volatility of the Treasury markets created by a gentleman named Harley Bassman who pointed out once that index goes over 150, the Fed has lost control of the bond market. And October 3rd of this year, it was 141. All of a sudden, everyone and their mother on the Fed came out and said, well, maybe the bond market's done our job for us. Maybe we're done raising rates. They tried jawboning the dollar down. It's it's sort of worked. It's stopped the dollar going up like every day, but it's it hasn't really gotten the dollar down. But that's ultimately as it relates to this situation for the US that as long as the dollar's going up, given this massive offshore dollar denominated debt and this US massive dollar asset net position that foreigners have that they can sell to get dollars. Ultimately, it's sort of all fun and games until the Treasury market loses an eye. And once the Treasury market loses an eye, the volatility gets to a point where it is indicating that the Fed is losing control of the Treasury market. That has been the point over the last four years. Where the Fed steps in and says no mas and at that point, they kind of say, well, it's not QE, we're growing our balance sheet, but it's not QE. You know, Jackson Hole, a couple of guys gave a speech that said it was a presentation. It was, you know, it's possible the Fed might have to do non -monetary policy purchases of treasuries. But it's important that we sort of lay that out that, you know, it's it's almost like, you know, those are those are trading sardines, not eating sardines. It's it's, you know, they're printing money for for market functioning reasons, not for monetary purposing reasons. And the market's not going to care. But that's ultimately that do they want if they want the Treasury market to function really well, given these levels of debt, they need the dollar to be a certain level lower than it is. If they want the dollar here, then they're going to need to restrict how much they're trying to borrow or be willing to lose control of the bond market and the Treasury market specifically. I'd like to pretend like I just understood all of that. I would. I really want to say I pretend I can understood all of that. But but it sounds complicated for the layman like me, the everyday guy, I can't interpret what that means. So basically what it means is unless the Fed prints the money to buy the rate down, then the rates are going to go up on the government until the government until rates ostensibly extremes inform the means. In theory, we the bond market could run away and then all of a sudden. The in theory, you can get to one hundred percent of your revenues in interest expense, nobody, nobody for anything else, in which case either the Fed prints the money or we say, sorry, Ukraine, sorry, Israel, sorry. Everywhere we're bringing our boys home. And in fact, they have to book their own tickets because we don't have the money. And boomers, you're on your own. I know we promised you hip, sneeze, drugs, docs, all that, but sorry. All we have is money is to pay the interest. So this is an issue of supply and demand in bonds. And the big risk is they cannot afford the interest on the debt they have themselves, because what is it like 30? Where are we at now on the debt? Thirty three trillion themselves? Thirty four. High interest rate is so it becomes unaffordable themselves. It's the only way to see that is it's more QE. Yeah, that's exactly I mean, it's ultimately a supply demand problem of of debt versus not just existing debt, new debt, and then also against the supply of balance sheet. Right. There's only so much global private balance sheet that can that the capacity to buy the stuff and continue to hold the old stuff and the balance sheet capacity increases as the dollar goes down, it decreases as the dollar goes up. And ultimately, that balance sheet capacity has repeatedly needed to be supplemented by the Fed's balance sheet, which is infinite. They can buy as much as they want. They will never run out. The flip side is, is that has implications for the dollar because you're effectively printing money to finance deficits. But if they do do that, would it be a case if they're trying to bring down the interest rates and they're using QE to do this? Isn't this just the cycle we've been going through over and over again? This will lead to more inflation and more inflation will lead to them having to raise interest rates again. You know, isn't this just a cycle that gets worse every every time we go through another cycle of this? Yeah, oh, it's to me, it's been a very it's a very I think it is the most important macro cycle. It's a very obvious cycle. In 2014, global central banks stopped growing their holdings of FX reserves. And what that means in plain English is foreign central banks stopped adding to their supply of treasuries. So if if one of your biggest marginal buyers stops buying, somebody else needs to buy. And as that happens, a couple of things, a couple of things happen. Number one, the dollar starts going up and number two, rates start going up. And that can manifest given the omnipresence of the dollar and the centrality of the dollar to the system that shows up a lot at different places. But dollar up rates up. And we've seen this sort of at first we regulated the banks in 2014 into, you know, it's a little bit like the cracks in the dam. Right. So the first crack in the dam is like, OK, foreign central banks are buying the debt anymore. OK, what are we going to have by what we have regulate the banks into doing. So they do that. And that works for a while. And then because the supply of water, which is U .S. federal deficits, just keeps growing and growing and growing. Right. Inevitably, the pressure from the water growing, growing another crack, money market funds. We're going to regulate them into that was 2015, 2016. Again, both of these things crowd out global dollar markets. They send LIBOR short term rates up. Then you end up driving the dollar up to levels that start creating problems around the world. What do we do? We weaken the dollar in 2016. We weaken the dollar in 2017 with the Treasury general account. Basically, the Treasury's checking account starts to inject our liquidity to kind of manage this process. 2018, more cracks, especially now that the Fed's QTing in earnest. We start regulating Trump, regulated U .S. corporate pensions into buying more treasuries, gave him a tax break. OK, now we've got our thumb in the in the in the wall. So and, you know, 2019, we get another crack with repo rate spikes. OK, oh, now the Fed has to step in. Now the Fed's growing their balance sheet. But it's not QE. It's just fixing the fact that repo went from two to eight overnight because there's too much supply of water and not enough demand for the water that kind of holds. That breaks again in March 2020 at the depths of the covid crisis. The Fed does mega QE. They call it QE. OK, leads to inflation. 2022, we're going to start backing off, we're going to tighten. They get, you know, whatever they really start getting aggressive in March, April of really tightening. And by September, the UK gilt market blows up. Uh oh. They all get together in Washington in October of 2022. And they give Janet Yellen, what we used to call on the desk, a hey MF 'er conversation and Yellen comes back and runs on the TGA. The dollar goes down 15 percent, buys time. Another, you know, so it's just this you it is a constant cycle that started 10 years ago, but it keeps getting faster and faster. Right. That 2014, we regulate the banks. We worry about it again to like 2015, 16 with money markets. And even then, you know, you didn't have to worry about the the dollar was not too high in that case till 2016, 2017 and had to be addressed. Then it was already end of 2018. The Fed had to stop raising rates. Then it was September 2019. Then you kind of covid sort of screwed up the pacing of it in terms of of getting a clean apples to apples read. But since then, it's accelerated, it's September 2019, you had March 2020, you had September as soon as they started raising rates, March 20 or September 2022, March 2023, September 20 or October 2023. Now, it just it's getting faster and faster. And so, yeah, it is really it fundamentally the problem is very simple, way too much U .S. deficits, not enough global private sector balance sheet unless the Fed is in there helping to buy this stuff of printed money. That's at the end of the day, that's it. That's the problem. Is it essentially paying off your credit cards with a new credit card? Absolutely. While the rates going up on it, if the Fed does step in and start buying bonds in that way, does the U .S. just turn into Japan? Japan? No, we turned into Argentina. Japan, Japan is. Night and day different than the United States in this situation, right, so Japan is a net international investment position, remember, so I said we have foreigners own 65 percent, that 18 trillion, 65 percent of US GDP. So the U .S. net international investment position is negative. Sixty five percent of US GDP. Japan's is positive. Sixty percent. So for starters, when Japan runs into that problem, the first thing they can do is ring, ring, ring, hey, Washington, it's Japan. Those dollar assets we have to the tune of 60 percent of of our GDP, we want to start selling five percent a year because we need to finance our our fiscal deficit of three percent a year and do two percent of stimulus. And they can do that for a long, long time. That's number one. Number two, they run a current account surplus, right, their trade surplus. So they are running the surpluses on the current account versus us running deficits. We need number three. OK, the deficits we're running, the twin deficits historically have been foreign financed. They have financed internally. So you can run you if you're financing internally as Japan, deflation is an option you're when you're financing internally. Right. Because now you can pay your people, you know, zero percent interest on long term bonds because the cost of living is fear and deflation. Your cost of living is falling. Living standards are rising politically. That works. You cannot do that when you're in the United States. If you're financing externally, you start running deflation as a twin deficit. You get into a debt spiral. Your debt pile gets bigger and bigger and bigger nonlinearly every year. And pretty soon you run into debt credibility issues. You also, as Japan, do not have to provide most of your defense because your friends, the United States, have provided it for most of the last 80 years. We have to provide our own defense and that defense appears to be getting much more expensive by the minute. And then lastly, the United States is very heterogeneous in population. And Japan is very homogeneous in population. So it's a lot easier to sort of get people to sort of, you know, go along to get along and take one for the team. Culturally, there's much more of a willingness to take one for the team. I think their government has probably all in all done probably a better job of maintaining their credibility or maybe losing their credibility less fast than ours has with its domestic populace, maybe a better way of putting it. And so when you roll those things together, but especially the net international investment position, the current account, you know, Japan can say ring ring Washington send us our money. We need it to finance ourselves. And that throws that, you know, sell treasuries. We're going to bring back the dollars and defend the yen with those by selling dollars and buying yen. And they can do that for a while. They have 60 percent of GDP in that area. There is no there is no ring ring for the U .S. The ring ring. They don't call anybody overseas. The ring ring is, hey, Fed, start printing again. And when you say when they have to do that again, whenever that is, because they're going to have to do that again. Yeah, then that's why it gets much more into an Argentina like dynamic. And as I've said, Argentina with U .S. characteristics, not Japan is what is going to be the outcome. I was out in Argentina recently, was it three or four months ago, Danny? And I made a documentary while I was there about inflation. And one of the interesting things about being in Argentina is if you're certainly in the middle class, you have access to dollar products, whether it's cash dollars or digital dollars or crypto dollars or U .S. equities or U .S. bonds, you have access to dollars to mitigate against inflation. And most people just get rid of their peso and get some kind of dollar products as soon as possible. But if if you're an American, there is there is no equivalent. I mean, yes, there's gold and yes, there's Bitcoin. And, you know, we've seen this rise in both gold and Bitcoin recently. Perhaps that's it. I mean, is that it? The short answer is yes. You know, you can kind of see right who is who has won over the last 10, 20 years in the U .S., right? It's if you if you own a lot of stocks, you're doing great.
History That Doesn't Suck
A highlight from 146: The Armistice of November 11, 1918
"History That Doesn't Suck is a bi -weekly podcast delivering a legit, seriously researched, hard -hitting survey of American history through entertaining stories. If you'd like to support HGDS or enjoy bonus content, please consider giving at patreon .com forward slash history that doesn't suck. It's a cool autumn morning, November 3rd, 1918. We're aboard one of the Imperial German Navy's pre -dreadnought battleships. The SMS Lothringen, currently lying at anchor in the harbor of Kiel, Germany. And Seaman First Class Richard Stumpf is heading to his quarters to put on his parade uniform. Once dressed appropriately, he intends to go ashore and into town to join his fellow frustrated sailors. They will parade. They will march. They will demand better. And Richard is here for it. Okay, time out. Let me fill you in on the situation. For years now, the German Navy has underfed and overworked its average sailors. Meanwhile, these somewhat abused seamen have little to show for their suffering. Indeed, apart from submarine warfare and the 1916 Battle of Jutland, German warships have largely spent this war hemmed in by Britain's effective blockade. With a coming armistice then, one that may well effectively end the German Navy, the Imperial Naval High Command believes that the answer is to sail forth and meet the Brits in battle. Better to meet a glorious death and a watery grave than to be ended by an armistice. Ah, but their hungry mistreated sailors see it differently. Why on earth would they want to go on a suicide mission merely to save the pride of their egotistical admirals? Thus, upon receiving orders a few days ago to engage the Brits in an epic but deadly throwdown at sea, Stokers aboard a few ships responded by intentionally allowing the Boilers fires to go out. Full on mutiny sees the dreadnought class SMS Hegoland and SMS Thuringen. The crew of the latter even locked up their petty officers. The Navy answered by locking up hundreds of these mutinous sailors and keel. And that's why today, Richard and hundreds of other sailors are taken to the streets to protest the incarceration of their naval brothers. And with that background, let's return to the story. Down in his quarters, Richard and other sailors are nearly done dressing. But as they buckle belts and button coats, a few officers enter asking what they can do to appease the men. Sympathetically, Richard answers, we have nothing against our officers. Nevertheless, we shall parade in the streets to obtain our rights. Nearly the whole crew agrees. The SMS Lothringen all but empties as sailors make for shore. Reaching Keel's Old Port Barracks later that afternoon, Richard is astounded. Everywhere he turns, he sees endless droves of sailors and on one side, a long line of rifle bearing Marines who've joined them. Damn, this parade has gained traction. Departing from the parade ground, the sailors and Marines make their way to the flagship now at port, the SMS Baden. After a brief shouting match between the crowd and the captain, a full third of this dreadnought battleship's crew join its ranks. Continuing on, an impromptu marching band gives some semblance of order while another 40 men fall in as they reach Pieterstraße, that is, Peter Street. But soon, our narrator, Seaman First Class Richard Stumpf, realizes that they do indeed only have a semblance of order. That they're turning into a leaderless mob, and he worries that things might get out of hand. It's now 6 p .m. The boisterous throng of servicemen are in front of the city's Marine barracks. Within a moment's time, they rip the gate off its hinges. The flustered, angry sailors then pour through the opening. One elderly major dares to oppose them. Several men surround him, take his gun and ride his epaulettes. Richard looks on, aghast. He feels sympathy for the elderly officer only trying to do his duty. This isn't what Richard had in mind when he came to heel to march for his rights. Freeing a few men being detained at the barracks, the mob of sailors continues on. Politically on the right, Richard grows uneasy as one speech giver calls out that they should hang the Kaiser. His discomfort grows as red cloths and a red bed sheet make for impromptu flags. He's appalled at a dock worker who takes the quickly raised speaker stand near station headquarters to call for the establishment of a Soviet republic. But despite his fellow sailors communist sympathies, or should I say Bolshevism, as these communist minded Germans are inspired by the recent Bolshevik revolution in Russia, Richard is pleased to see how relatively nonviolent things have stayed. Well, if only he knew what was going on elsewhere in Kiel. It's now just past 7 p .m. Among the thousands marching through the streets tonight, a different group far from Richards is approaching the military prison where the stokers who let their ship's boilers go cold are being detained. And these marchers are determined to see these men freed. They howl, shout and yell. Their angry cries are greeted by soldiers loyal to the Kaiser. Troops quickly choke off the street. The commander orders the advancing sailors to stop, but they ignore him. The officer then orders his men to fire above the sailors heads. The throng is undeterred by these warning shots. The endless mass of men continues to advance toward them. The commander orders another volley, but this one is no warning. Bullets tear through flesh. Some sailors fall dead, others screaming agony, while still more return fire or throw stones. This is no longer a mere parade through Kiel. This is the start of the German revolution. Welcome to History That Doesn't Suck. I'm your professor, Greg Jackson, and I'd like to tell you a story. That violent confrontation on the streets of Kiel left eight sailors dead and 29 more wounded. But the Kaiser soldiers weren't without their losses either. Their commander and one lieutenant died, both taken out by knives and stones. Clearly, Germany isn't only struggling on the front, it's struggling at home. It can no longer sustain this war. And that brings us to today's story. The armistice that, after four long, blood -soaked years, will finally silence the guns of World War I. To properly contextualize this hallowed moment, we'll start at the same place Germany does as it seeks peace, by looking to US President Woodrow Wilson's proposed path to peace, his 14 points. I'll remind you what these are before we listen to Woodrow pitch them in a September 1918 speech. We'll then follow his back and forth with the Germans and follow other discussions among allied leaders, all of which will ultimately lead us to a cold and fraught moment of diplomacy between four Germans and four allied leaders, and Marshal Ferdinand Foch's train carriage, somewhere secret, in France's Compiègne forest. With no leverage and a revolution consuming their nation, the German delegates are in a tough spot. But ultimately, we'll see an armistice struck. We'll then end this war, this brutal, awful war, as we watch it continue to take lives right up to the moment that the armistice takes effect at 11 o 'clock on the 11th day of the 11th month of 1918. But having done all of that and taken stock of all the loss, we'll see the joy and relief that washes over all the soldiers, allied and German alike, as their nightmare ends. Well, ready to experience one of the most intense moments in the history of diplomacy? Then let's get to it, and we start with our professorial president, waxing eloquent with his 14 points. Rewind. Woodrow Wilson is no fan of war. On the contrary, the former New Jersey governor and Princeton professor and president turned US president is a proponent of peace. We've seen that in several past episodes. In 132, we heard that effective, if boring, campaign slogan, he kept us out of war, and witnessed how pained the professorial president was to ask Congress to declare war. In 133, we caught the full contrast between him and his hawkish predecessor, former President Theodore Roosevelt. And in 136, we got a taste of Woodrow's 14 points, which, if adhered to, he hopes will ensure a lasting peace after the Great War. But do we remember just what these 14 points are? Well, here's a quick refresher. Woodrow first presented his 14 points while speaking to Congress at the start of this year, on January 8th, 1918. The professorial president called them, quote, the program of the world's peace, the only possible program, close quote. His right -hand man, Edward House, better known by the honorary title, Colonel House, described the 14 points as, quote, a declaration of human liberty and a declaration of the terms which should be written into the peace conference, close quote. The first five points are rules that Woodrow wants all nations to follow. No secret treaties, freedom to navigate the seas, free trade among all nations, signing the coming peace, arms reductions, and finally, an adjustment of all colonial claims that takes the will of colonized peoples and questions of their own sovereignty into mind. Points six through 13 call for specific changes to the map of Europe and the Ottoman Empire, none of which are surprising if you recall the territorial throw downs that helped cause the war. They include the central powers evacuating Russia, Germany evacuating a restored Belgium, Germany returning Alsace -Lorraine to France, an adjustment of Italian borders along nationalist lines, self -determination in the Austro -Hungarian Empire, new borders drawn in the Balkans, a Turkish state with free trade in the Dardanelles, and finally, an independent Poland. As for his last 14th point, Woodrow wants to see an end not just to this war but to all wars. He wants an organization, say a league of nations if you will, to ensure that everyone, big countries and small, are treated fairly. Huh, that's very New Jersey plan of you, Professor Wilson. Constitutional convention jokes aside, Woodrow Wilson believes his 14 points are the way to a lasting permanent peace. In fact, he's so sure of it that as the beleaguered central power of Austria -Hungary tries to initiate peace talks on September 14, 1918, Woodrow quickly rejects them. In the president's mind, there's nothing to discuss. He's already made the terms clear. Austria -Hungary can get back in touch when they want to agree to his 14 points. But is it wise to take such a hard stance on these points, especially when his points are well -meaning but vague? After all, who decides what a quote -unquote impartial adjustment of colonial claims looks like? Who defines self -determination and other such terms? Those questions aren't important to Woodrow. As America enters the Meuse -Argonne campaign, its largest battle to date, one that will send tens of thousands of young doughboys to their graves, Woodrow wants their blood sacrifice to mean something. This war must be, to borrow a phrase recently coined by English author H .G. Wells, the war to end all wars. Thus, the idealistic president is ready to pitch his 14 points to everyone, including the American people.
History That Doesn't Suck
A highlight from 146: The Armistice of November 11, 1918
"History That Doesn't Suck is a bi -weekly podcast delivering a legit, seriously researched, hard -hitting survey of American history through entertaining stories. If you'd like to support HGDS or enjoy bonus content, please consider giving at patreon .com forward slash history that doesn't suck. It's a cool autumn morning, November 3rd, 1918. We're aboard one of the Imperial German Navy's pre -dreadnought battleships. The SMS Lothringen, currently lying at anchor in the harbor of Kiel, Germany. And Seaman First Class Richard Stumpf is heading to his quarters to put on his parade uniform. Once dressed appropriately, he intends to go ashore and into town to join his fellow frustrated sailors. They will parade. They will march. They will demand better. And Richard is here for it. Okay, time out. Let me fill you in on the situation. For years now, the German Navy has underfed and overworked its average sailors. Meanwhile, these somewhat abused seamen have little to show for their suffering. Indeed, apart from submarine warfare and the 1916 Battle of Jutland, German warships have largely spent this war hemmed in by Britain's effective blockade. With a coming armistice then, one that may well effectively end the German Navy, the Imperial Naval High Command believes that the answer is to sail forth and meet the Brits in battle. Better to meet a glorious death and a watery grave than to be ended by an armistice. Ah, but their hungry mistreated sailors see it differently. Why on earth would they want to go on a suicide mission merely to save the pride of their egotistical admirals? Thus, upon receiving orders a few days ago to engage the Brits in an epic but deadly throwdown at sea, Stokers aboard a few ships responded by intentionally allowing the Boilers fires to go out. Full on mutiny sees the dreadnought class SMS Hegoland and SMS Thuringen. The crew of the latter even locked up their petty officers. The Navy answered by locking up hundreds of these mutinous sailors and keel. And that's why today, Richard and hundreds of other sailors are taken to the streets to protest the incarceration of their naval brothers. And with that background, let's return to the story. Down in his quarters, Richard and other sailors are nearly done dressing. But as they buckle belts and button coats, a few officers enter asking what they can do to appease the men. Sympathetically, Richard answers, we have nothing against our officers. Nevertheless, we shall parade in the streets to obtain our rights. Nearly the whole crew agrees. The SMS Lothringen all but empties as sailors make for shore. Reaching Keel's Old Port Barracks later that afternoon, Richard is astounded. Everywhere he turns, he sees endless droves of sailors and on one side, a long line of rifle bearing Marines who've joined them. Damn, this parade has gained traction. Departing from the parade ground, the sailors and Marines make their way to the flagship now at port, the SMS Baden. After a brief shouting match between the crowd and the captain, a full third of this dreadnought battleship's crew join its ranks. Continuing on, an impromptu marching band gives some semblance of order while another 40 men fall in as they reach Pieterstraße, that is, Peter Street. But soon, our narrator, Seaman First Class Richard Stumpf, realizes that they do indeed only have a semblance of order. That they're turning into a leaderless mob, and he worries that things might get out of hand. It's now 6 p .m. The boisterous throng of servicemen are in front of the city's Marine barracks. Within a moment's time, they rip the gate off its hinges. The flustered, angry sailors then pour through the opening. One elderly major dares to oppose them. Several men surround him, take his gun and ride his epaulettes. Richard looks on, aghast. He feels sympathy for the elderly officer only trying to do his duty. This isn't what Richard had in mind when he came to heel to march for his rights. Freeing a few men being detained at the barracks, the mob of sailors continues on. Politically on the right, Richard grows uneasy as one speech giver calls out that they should hang the Kaiser. His discomfort grows as red cloths and a red bed sheet make for impromptu flags. He's appalled at a dock worker who takes the quickly raised speaker stand near station headquarters to call for the establishment of a Soviet republic. But despite his fellow sailors communist sympathies, or should I say Bolshevism, as these communist minded Germans are inspired by the recent Bolshevik revolution in Russia, Richard is pleased to see how relatively nonviolent things have stayed. Well, if only he knew what was going on elsewhere in Kiel. It's now just past 7 p .m. Among the thousands marching through the streets tonight, a different group far from Richards is approaching the military prison where the stokers who let their ship's boilers go cold are being detained. And these marchers are determined to see these men freed. They howl, shout and yell. Their angry cries are greeted by soldiers loyal to the Kaiser. Troops quickly choke off the street. The commander orders the advancing sailors to stop, but they ignore him. The officer then orders his men to fire above the sailors heads. The throng is undeterred by these warning shots. The endless mass of men continues to advance toward them. The commander orders another volley, but this one is no warning. Bullets tear through flesh. Some sailors fall dead, others screaming agony, while still more return fire or throw stones. This is no longer a mere parade through Kiel. This is the start of the German revolution. Welcome to History That Doesn't Suck. I'm your professor, Greg Jackson, and I'd like to tell you a story. That violent confrontation on the streets of Kiel left eight sailors dead and 29 more wounded. But the Kaiser soldiers weren't without their losses either. Their commander and one lieutenant died, both taken out by knives and stones. Clearly, Germany isn't only struggling on the front, it's struggling at home. It can no longer sustain this war. And that brings us to today's story. The armistice that, after four long, blood -soaked years, will finally silence the guns of World War I. To properly contextualize this hallowed moment, we'll start at the same place Germany does as it seeks peace, by looking to US President Woodrow Wilson's proposed path to peace, his 14 points. I'll remind you what these are before we listen to Woodrow pitch them in a September 1918 speech. We'll then follow his back and forth with the Germans and follow other discussions among allied leaders, all of which will ultimately lead us to a cold and fraught moment of diplomacy between four Germans and four allied leaders, and Marshal Ferdinand Foch's train carriage, somewhere secret, in France's Compiègne forest. With no leverage and a revolution consuming their nation, the German delegates are in a tough spot. But ultimately, we'll see an armistice struck. We'll then end this war, this brutal, awful war, as we watch it continue to take lives right up to the moment that the armistice takes effect at 11 o 'clock on the 11th day of the 11th month of 1918. But having done all of that and taken stock of all the loss, we'll see the joy and relief that washes over all the soldiers, allied and German alike, as their nightmare ends. Well, ready to experience one of the most intense moments in the history of diplomacy? Then let's get to it, and we start with our professorial president, waxing eloquent with his 14 points. Rewind. Woodrow Wilson is no fan of war. On the contrary, the former New Jersey governor and Princeton professor and president turned US president is a proponent of peace. We've seen that in several past episodes. In 132, we heard that effective, if boring, campaign slogan, he kept us out of war, and witnessed how pained the professorial president was to ask Congress to declare war. In 133, we caught the full contrast between him and his hawkish predecessor, former President Theodore Roosevelt. And in 136, we got a taste of Woodrow's 14 points, which, if adhered to, he hopes will ensure a lasting peace after the Great War. But do we remember just what these 14 points are? Well, here's a quick refresher. Woodrow first presented his 14 points while speaking to Congress at the start of this year, on January 8th, 1918. The professorial president called them, quote, the program of the world's peace, the only possible program, close quote. His right -hand man, Edward House, better known by the honorary title, Colonel House, described the 14 points as, quote, a declaration of human liberty and a declaration of the terms which should be written into the peace conference, close quote. The first five points are rules that Woodrow wants all nations to follow. No secret treaties, freedom to navigate the seas, free trade among all nations, signing the coming peace, arms reductions, and finally, an adjustment of all colonial claims that takes the will of colonized peoples and questions of their own sovereignty into mind. Points six through 13 call for specific changes to the map of Europe and the Ottoman Empire, none of which are surprising if you recall the territorial throw downs that helped cause the war. They include the central powers evacuating Russia, Germany evacuating a restored Belgium, Germany returning Alsace -Lorraine to France, an adjustment of Italian borders along nationalist lines, self -determination in the Austro -Hungarian Empire, new borders drawn in the Balkans, a Turkish state with free trade in the Dardanelles, and finally, an independent Poland. As for his last 14th point, Woodrow wants to see an end not just to this war but to all wars. He wants an organization, say a league of nations if you will, to ensure that everyone, big countries and small, are treated fairly. Huh, that's very New Jersey plan of you, Professor Wilson. Constitutional convention jokes aside, Woodrow Wilson believes his 14 points are the way to a lasting permanent peace. In fact, he's so sure of it that as the beleaguered central power of Austria -Hungary tries to initiate peace talks on September 14, 1918, Woodrow quickly rejects them. In the president's mind, there's nothing to discuss. He's already made the terms clear. Austria -Hungary can get back in touch when they want to agree to his 14 points. But is it wise to take such a hard stance on these points, especially when his points are well -meaning but vague? After all, who decides what a quote -unquote impartial adjustment of colonial claims looks like? Who defines self -determination and other such terms? Those questions aren't important to Woodrow. As America enters the Meuse -Argonne campaign, its largest battle to date, one that will send tens of thousands of young doughboys to their graves, Woodrow wants their blood sacrifice to mean something. This war must be, to borrow a phrase recently coined by English author H .G. Wells, the war to end all wars. Thus, the idealistic president is ready to pitch his 14 points to everyone, including the American people.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1450: I Expect Bitcoin ETF Approval By End of Month
"In today's show, I'll be breaking down the latest Bitcoin technical analysis. Also, Sam Bankman freed. He is found guilty on all seven charges in the FTX fraud trial. Quoting Max Kaiser, tough talk when it comes to the minor league drug Adderall ish corner like SPF, but where's all the bravado when Jamie Diamond gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? He makes great point. Also in today's show, Bitcoin to the moon. Send it. I'm going to be sharing with you the top five Bitcoin price predictions for twenty twenty four and beyond. That's what's up. Also, the latest from Cathie Wood of ARK Invest, also a twenty seven hundred percent Bitcoin price explosion is incoming courtesy of one catalyst, according to the BitMEX founder Arthur Hayes. We'll also be talking about breaking news. The Valkyrie CIO expects the spot Bitcoin ETF approval before the end of the month. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts dot net. Welcome, everyone. Today is podcast episode number fourteen hundred and fifty. Can you believe it? I'm your host, JV, and today is November 3rd. Welcome to Moonvember of twenty twenty three. Let's kick off today's show with our market watch as we do each and every day. We got Bitcoin up about a quarter percent, hovering just under thirty five thousand. We have Ether up point three percent trading at eighteen hundred dollars. Cardano, one of the top gainers, up five and a half percent and also XRP barely in the green. And if we are in doubt, they say you need to zoom out. Let's look at the one month. Wow, that's much more sexier, isn't it? Now we have Bitcoin up twenty seven percent for the month. We got ETH up about 10 percent. Solana is up almost 70 percent. Cardano up twenty three percent. XRP up fourteen percent. BNB up seven percent. Personally, I love it when everything in crypto is a winner. It don't get no sexier than that. And look at Chainlink up fifty two percent for the month. Good lord. And check it out. Coin market cap percent in just under one point three trillion with about forty five billion in volume in the past 24 hours. Bitcoin dominance pulled back a little bit, currently at fifty two point seven percent, and the ether dominance in the 16 percentage range for the first time I have ever seen that I could recall. It's currently at sixteen point nine percent as Bitcoin dominance continues to outpace the rest of the market, especially Ethereum. And checking out the top one hundred crypto gainers of the past twenty four hours for chain up fourteen and a half percent trading at three dollars and twenty cent and Oasis Network up twelve percent trading at six point two cents, followed by the trust wallet token up almost twelve percent trading at a dollar twenty three and checking out crypto bubbles so we can see the top gainers for the past week. Massive shout out to Emilio. I appreciate the super chat. Fam, you're way too kind. Much love, much respect. He just said you are amazing. Nah, I think you're amazing. And I appreciate the orange so we can orange pill more mofos and help change the world. Let's freaking go. Much love, fam. But as we can see on the crypto bubbles on your screen, we got a lot of gainers overall. That means the market cap is pumping and a rising tide rises all ships and checking out the crypto greed and fear index. We're currently rated a sixty five in greed. Yesterday was a seventy two last week, a seventy and last month a forty nine, which is neutral. So there you have it, my fam. What's your thoughts on the current Bitcoin price action? Let me know. Are you pumped up for Moomvember? I sure as hell am. Let's dive into our Bitcoin technical analysis for the day. Check out the charts with a Bitcoin price action is likely to go next. Bitcoin broke below thirty five G's baby after the November 2nd Wall Street open, as analysis warned of overheated derivatives. As you know, derivatives are financial tools of financial destruction. Yeah, for real. Now Bitcoin under does the post fed gains. We're currently tinkering just under that thirty five thousand, which is now back at a resistance. The highs had come on the back of the encouraging language from Jay Powell, the chairman of the Federal Reserve, who in a speech suggested the interest rate hikes might soon end. Now, the Fed opted not to change the rates at the latest meeting on the Federal Open Market Committee, which was November 1st quoting their press release. Recent indicators suggest the economic activity expanded at a strong pace. In the third quarter, job gains have moderated since earlier in the year, but remain strong and the unemployment rate has remained low. Inflation remains elevated and accompanying press release stated. They also shared here that the U .S. banking system is sound and resilient. Sure it is. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring and inflation. The extent of these effects remain uncertain. The committee remains highly attentive to inflation risk. We all know they're full of ish, right, to say the least. And quoting crypto analyst, Bitcoin breaks out, reaches a new yearly high, which is currently just shy of 36 G's. Now, not a massive breakout, but as long as we say above 34 .8, which we currently are, the next target is 36 .5 to 37 ,000. And the altcoins will follow after, which is typically what seems to go down. Now, down over a thousand from its highs. Bitcoin was worrying some with derivative markets, particularly in the focus, quoting Charles Edwards at Capriole Investments. All Bitcoin derivatives markets are overheated at present. This captures the perps, futures and options. Stay safe out there. And also, we have reacting popular trader school agreed that arguing it was now the spot market to charge of saving the Bitcoin price strength, as he shares here, something to be aware of when sizing up positions currently, when derivatives get hot. This puts increasing focus on spot market to support the current prices and the trend. That's right. In his own analysis, we also had material indicators concluding caution should be applied to the current Bitcoin trading environment, meaning expect more volatility ahead and uploading the snapshot of liquidity on the Bitcoin order book for the largest global exchange, Binance. It warned support levels were apt to disappear quickly. A form of a rug pull. So you have been warned. Newcomer support gaining liquidity at this time lay at both 34 and 33 .5. So there you have it, fam. Again, how many of you are currently bullish on that? King crypto. And with that being shared, now let's discuss our next story of the day. The latest from Michael Saylor. He was recently interviewed on the news and shared some very positive sentiment in the Bitcoin market. Also, he has been a dollar cost averaging and stacking stats. This week, the Bitcoin price came within a hair of thirty six. I think we hit like thirty five nine ninety during our watch party before abruptly reversing and correcting to thirty four to fifty. But after nearly a 30 percent run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalyst for the rally remain valid. Now, despite the intraday price action, which saw almost five percent drawdown, a number of analysts remain bullish on Bitcoin naturally, and some expect another gamma squeeze. If the Bitcoin price manages to push through the thirty six three hundred level, we're only like four hundred dollars off of that right now. Just FYI, permables like MicroStrategy CEO Michael Saylor appear unbothered by the whipsaw price action. And on November 1st, MicroStrategy announced the October purchase of one hundred and fifty five more Bitcoin for five point three million. As the outlines here in October, MicroStrategy acquired additional one hundred and fifty five BTC for five point three million bucks, now holding one hundred and fifty eight thousand four hundred BTC like, whoa, and what's the most mind boggling? Saylor didn't even get into Bitcoin until twenty twenty. So it goes to show you someone can come here in twenty twenty three and become an even bigger whale than Michael Saylor. In fact, the likes of the Black Rocks of the world put Michael Saylor to shame because we're talking about mega mega mega whales on a massive scale. And when asked about the upcoming Bitcoin having during an interview on Squawk Box, here's what he had to share. Most of the natural sellers of Bitcoin in the market right now are Bitcoin miners and they have to sell to cover their electricity bills and capital costs and retire their debt. That's about a billion dollars per month worth of selling into the market. The protocol forces that to be cut in half as of next April or late April. And he also says, so you're going to see twelve billion bucks of natural selling per year converted to six billion of natural selling a year and at the same time as things like the spot ETFs increase the demand for Bitcoin. So that's why all of us are fairly bullish over the next 12 months. How many of you are bullish? Let me know. Demand is going to increase and supply is going to contract. And this is fairly unprecedented in the history of Wall Street. That's what's up now is a pretty ideal entry point for Bitcoin, according to Saylor. Also, he was recently interviewed and I actually transcribed this video clip when he was speaking on Squawk on the street. And I feel this is very relevant. Here's what Saylor says for the industry to move to the next level. We need to migrate to adult supervision. We're going to need the big banks to become the crypto custodians. We're going to need Wall Street to take a role and we need to rationalize away from the one hundred thousand crypto tokens. You know, the yo yo coins that people are manipulating to Bitcoin. Bitcoin is an asset without an issuer. It is the one universally recognized protocol that is a commodity in the space. And so when banks on Wall Street and responsible custodians are managing Bitcoin and the industry takes its eyes away from all the shiny little tokens that have distracted and demolish shareholder value, I think the industry moves to the next level and we 10x from here. Now, what's another 10x from the current price action we're talking about roughly? What is that? Three hundred and fifty thousand dollars per BTC. Send it and let's frickin go. Also quoting him here, I think the liabilities or the early crypto cowboys, the crypto tokens, which are unregistered securities, the unreliable crypto custodians for the industry to move to the next level. We're going to need to migrate to adult super vision. And I shared with you the rest of that quote. So there you have it. Let me know if you agree or disagree with the one and only giga Chad Michael Saylor. Next story of the day. This is breaking news. SBF has been found guilty in all seven fraudulent charges. Yeah, this is wild. Yeah, here we go. I'm going to read all this to you. Former FTX CEO Sam Bankman Freed was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberations, meaning it didn't take long. Bankman Freed was found guilty of two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. Good Lord. That's a lot of charges and it's just getting started. He'll be back in court in March to continue with some more charges to probably get guilty of. We'll return to the court for sentences by New York District Judge Lewis Kaplan March 28th. So that's the date is right before the having. Government prosecutors will recommend a sentence, but Judge Kaplan will have the final say. Now, Bankman Freed's crimes each carry a maximum sentence of between five and 20 years in prison with the wire fraud, wire fraud conspiracy and money laundering conspiracy carrying a maximum of 20 years sentence in a press conference outside the court, the New York Southern District U .S. Attorney Damian Williams called Bankman Freed's crimes a multibillion dollar scheme designed to make him the king of crypto, right? The Michael Jordan of crypto, the Warren Buffett of crypto and of one the biggest financial frauds in American history, Bankman Freed's attorney Mark Cohen said in a statement, we respect the jury's decision, but we are very disappointed with the result. Naturally, Mr. Bankman Freed maintains his innocence and will continue to vigorously fight the charges against him. Anyone here in the chat. We have over 200 people in the live. Anyone believe he is innocent? I am just curious if there's any outliers out there. Anyways, other key FTF execs, including former Alameda CEO Caroline Ellison, FTX co -founder Gary Wang and former engineering head Nishad Singh have all pleaded guilty to various charges and work with the government to testify against Bankman Freed in the five week trial. Now, Bankman Freed had pleaded not guilty to all the charges. And during his trial, he took the stand to maintain his innocence against the best wishes of his lawyers who told him to shut the what up, just saying, and marking the FTX November 2022 collapse as a number of big mistakes I made. He denied any wrongdoing in the FTX relationship with Alameda, attempting to distance himself from key decisions, which we all know is not true, according to the testimonies of their execs, Bankman Freed pinned the blame on Gary Wang for creating a function that allowed Alameda to trade funds on FTX that it didn't have and claimed he wasn't entirely sure what happened. Oh, I don't know what happened with Alameda's line of credit, which ballooned to billions in the collapsing crypto market of 2022. In his testimony, he also blamed Caroline Ellison for not focusing on risk management. How are you going to blame your ex? That's just why. Anyways, he didn't believe he defrauded FTX customers by taking over eight billion worth of their funds. Instead, he framed it as Alameda just borrowing from the exchange. Yeah, borrowing from investors without their permission is called stealing. I just wanted to point that one out. Now, Max Kaiser responded to this attorney who spoke out and he said, this is tough talk when it comes to the minor league, the drug Adderall ish coiner like SPF, but where's all the bravado when Jamie, the tapeworm diamond, the best the CEO, JP Morgan Chase, gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? You talk a good game, but you're no different than SPF. And I think Max makes some excellent points. The big dogs get away with this all the time, of course, but clearly there's levels to this ish, if you know what I mean. Now, what are your thoughts surrounding this case? How do you think this will likely continue to play out in March as they continue with the court trial facing more charges he's up against? Let me know, fam. I appreciate that. I got some very bullish predictions to share with you. In fact, I'm going to be sharing with you the top five Bitcoin price predictions for twenty, twenty four and beyond. Bitcoin continues to circle its highest levels in 18 months. Again, the annual high for the year is currently almost thirty six thousand dollars, but let's dive right into the predictions. First and foremost, Matrix Port predicts forty five thousand within two months. So two months from November would mean January. I could definitely see Bitcoin hitting forty, fifty thousand easy peasy before the halving. But let me know your thoughts. Now, that prediction came from Matrix Port, the crypto trading firm founded by Jihan Wu, himself a founder, a Bitcoin mining giant Bitmain in a blog post in late October. Matrix Port doubled down on a forty five thousand year end price targets. That's the Christmas target. Let's go, Santa, which is initially revealed in January. It was based on a handful of in -house models with Matrix Port also successfully predicting Bitcoin's October gains. Quitting them here, Bitcoin is breaking above the July thirty one five resistance showing that forty five is achievable by the year's end. And again, I think that's a very doable target. But let me know your thoughts. The next prediction comes from Bitcoin. They say new all time high pre halving. I also agree with that, especially if we get the ETF approval. I would anticipate above and beyond sixty nine thousand before the April twenty twenty four halving, but that's only if you know what I mean. We'll see how this plays out. The halving is a watershed moment. We all know the blocks of subsidies get cut in half for the miners in September. Bitcoin stated Bitcoin would surpass its current sixty nine thousand peak before April of twenty twenty four. Now they shared here, no, Bitcoin is not going to top before the halving. Yes, it's going to reach a new all time high before the halving. No, Bitcoin is not going to one hundred and sixty G's because the magnitude of every pullback is large. This means it'll peak after the halving in twenty twenty four. And yes, the target price is around two hundred and fifty thousand dollars. I love that. That's right in alignment with Max Keiser's short term target of two hundred and twenty thousand. Now, they also shared this chart. Both the all time high and the post halving two hundred and fifty thousand target came courtesy of the Elliott Wave theory charting, which we cover commonly here in the show with Bitcoin mimicking the behavior from the previous cycles. And you can see their estimation of how the Bitcoin price is likely to rise is coming directly from Bitcoin. Now, Bitcoin did, however, make room for a total of four pullbacks. As outlined in this chart, you can see one, two, three, four. Before we hit the peak at five, quoting them here, there will be one pullback before breaking to a new all time high, followed by another pullback at around one hundred and twenty five thousand. Additionally, there will be two more pullbacks after the halving, which are not demonstrated here. Now for the next one, three Bitcoin price models, one hundred and thirty thousand dollar target zone. That's right. Let's freaking go. Quoting CryptoCon here, I'm prepared for the lower prices, but the stars are aligning at one hundred and thirty for the Bitcoin this cycle. And the concept also hinges on the halving events and the next peak should come around four years after the sixty nine thousand dollar move in November of twenty twenty one. We all know everything is cyclical and Bitcoin every four years driven by the halving. Now the one million dollar question. How about a one million dollar Bitcoin price target leads us to Kathy Wood of ARK Invest, the CEO and chief investment officer, has joined former BitMEX CEO Arthur Hayes in doubling down on her seven figure price prediction when this could happen, understandably up for debate. But changing macroeconomic tides have emboldened what remains a daring Bitcoin price prediction. In October, Hayes maintained that the path to a one million dollar coin was in full effect thanks to the macro reality. Now quoting BlockWorks on the Margin podcast right here, this was shared actually on an interview. If people lose faith in the bond market and this fiat artificial construction we have created over the past 80 to 100 years, this global economy and how it has been structured, if we lose confidence in that, then the amount of money that's going to be looking for an alternative is going to be something that we have never seen before. He shared over in an interview and speaking of Kathy Wood, she was just on Bloomberg and here's what she shared when she was asked, what's a better hedge against inflation? Is it Bitcoin or is it gold? And very boldly she said, Bitcoin hands down, hands down is a hedge against both inflation and deflation. Yes, so is gold, but Bitcoin is digital. And if you look at the incremental demand we are going to see, but gold already has its demand. You know, it happened already, right? Bitcoin is new and institutions are barely involved in the young people would much rather prefer to hold Bitcoin than hold gold preach. So it's interesting that both gold and Bitcoin are hedges against deflation, but Bitcoin has been doing better recently preach and Bitcoin naturally will consider outpacing gold. I think it was Max Kaiser who said for every dollar, the Bitcoin price action increases. I'm sorry for every dollar, the gold price increases expect Bitcoin to go up by over $20 meaning it will continue to outpace gold by a factor of 20. Let me know if you agree or disagree fam. And we spoke about Kathy Wood and her a $1 million price prediction. In fact, she even has a bullish case scenario by the year 2030 of Bitcoin hitting $1 .48 million. Keep that in mind. But now let's discuss Arthur Hayes, the BitMEX founder predicting Bitcoin price to rally 2700 % taken us to $1 million per coin. And then we'll dive into the latest updates with the likelihood of the spot Bitcoin ETF being approved this month in November. According to the major asset manager, here we go. BitMEX co -founder Arthur Hayes is doubling down on a prediction. The Bitcoin is destined to reach the seven figure price. Hayes says that a monetary policy tool known as the yield curve control will act as the catalyst for Bitcoin to reach that 1 million Mark, a gain of around 2 ,700 % from the current level. Send it, let's go. Central banks use the yield curve control to influence the longterm interest rate level by buying longterm bonds as much as possible to prevent the rate from rising above the intended target. And according to Hayes, the entire U S government is enabling a loose monetary policy environment. Even as the fed continues tightening. Now the BitMEX founder first predicted seven figure Bitcoin earlier this year in March in that essay, which I covered here on the show. And at the time, he argued that China's loosening of his monetary policy would trigger Bitcoin to explode to $1 million per coin. Hayes also says the decision by the fed mid this week, uh, pause the rate hike interest rate suggests it's time to pump it up, pump, pump it up. And according to the BitMEX founder, the feds decision would trigger other central banks to also ease their monetary policy. Quoting him here over to you, BTC, let's go. I shall increase the pace of my rotation out of treasury bills and into Bitcoin and ish coins. Now that the fed had paused over two meetings, every other central bank has cover to print expect massive stimulus coming from China, Europe and Japan. So there you have it coming directly from crypto Hayes. Just blaze. Let's get it now for the moment you have all been waiting for. Let's dive into our featured story of the day and discuss a Bitcoin ETF being approved this month in November. And what would that mean for the crypto market? Let's break this baby down. We have Steven McClurg, the chief investment officer at Valkyrie investments has put forth a strong indication that a landmark approval from the U S SCC for a spot Bitcoin ETF can transpire by the month's end. Send it and let's go. The approval of the spot ETF is currently one of the biggest factors influencing the Bitcoin price as well as the entire crypto markets trajectory. You can say that again now alongside the financial giants such as black rock, the world's largest asset manager fidelity, which is about half the size of black rock. We got Vanek, we got Invesco, we got Valkyrie, one of the companies at the forefront of the battle with the SCC over the spot ETF. We also have grayscale. Don't forget the GBTC product. We have the firm managing to Bitcoin related ETFs at the moment. Now Valkyrie Bitcoin and ether strategy ETF and the Valkyrie Bitcoin miners ETF with a combined asset value of 51 .1 million at this time. And they also have active filings for spot Bitcoin ETF. Now McClurg, citing the latest amendments to Valkyrie spot, Bitcoin ETF app anticipates the SCC will issue another series of comments within the next weeks, potentially setting the stage for the approval of the 19 before rule changes by the end of the month. Send it quitting him here before anything else happens, we get a second round of comments and I believe we'll probably get those comments in the next one to three weeks. A late November approval likely means a February launch. So note that if we get the green light in November, it means the Bitcoin ETF would likely launch a few months later in February, which would be right in time again for the Bitcoin having. Now he also shared with ETF .com this interview suggesting a timeline for the SCCs response to these crucial amendments. He also argues the SCC can wait until January to ask the applicants to put the final touches on their S one filings. That's the other alternative scenario. Now Nate Geraci, host of the ETF prime pod explain that Valkyrie CIO suggests SCC can approve the 19 B fours exchange rule changes for the spot Bitcoin ETFs by the end of November and then the S one registration statements early next year. These don't have to be approved at the same time, so keep that in mind. Though they need both for the ETFs to begin trading. Now in recent weeks, the SCC has been actively communicating with ETF apps and disclose that the agency is carefully scrutinizing all spot Bitcoin ETF apps. The focal points of the SCCs inquiry have pertained to the comprehensive explanation of various risk disclosures, methodologies concerning index usage and net asset value computations, environmental risk inclusions, as well as detailed insights into custodial practices. Recent amendments to filings by entities such as BlackRock and VanEck have been augmented to eludicate how initial fun seating could be conducted and also note that BlackRock already began seeding their ETF back in October, which was last month. This is something that Larry Fink their CEO has already disclosed. Now because of that, industry experts remain cautiously optimistic. We have Matt Hogan, the CIO of bitwise asset management, highlighting lingering concerns, quitting him here. Market manipulation is still a potential stumbling block. Custody isn't a wrap, so there is still a lot of work to do, he stated. Now the anticipation isn't purely speculative. The man forecast suggests substantial interest. McClurg envisions about 10 billion bucks flowing into these products within the first one to two months post launch. While bitwise projects 50 billion in inflows within the first five years. I think that's extremely conservative. I could see trillions of inflows within five years, but hey, to each their own. Valkyrie revised its spot Bitcoin ETF filing October 30th a few days ago with an S1 registration statement submitted to the SCC outlining the Valkyrie ETF. The proposed fund shares are intended to be listed under the ticker BRRR on the NASDAQ stock exchange. Valkyrie updated their app and a part of a wider trend as several firms have similarly refiled their spot ETF apps signaling a concerted effort toward regulatory compliance and optimism for approval. Bloomberg ETF analyst, James Saferard identified these amendments as positive signals for progress and possible imminent approvals. Let me know which you think will get the green light first from the SCC. We all know it's imminent. We all know it's going to happen, but when is it going to be November? Is it going to be December? Could it be January? Could it be March? Let me know in the live poll we have on the screen. I have some bonus content to share with you before we dive into the live Q and A. This is from jury and Timur. Why is this so relevant? He is the head of macro at fidelity fidelity being a four and a half trillion dollar asset manager. He's the one who predicted a billion dollar Bitcoin price by the year 2038 and here's something he just recently shared. He shares some incredible threads I want to share with you. Bitcoin is volatile, but it's scarcity and adoption curve create the potential for it to be a high powered hedge against monetary shenanigans. I think of it as exponential gold and in this chart it shows you Bitcoin going past $1 .2 million per coin. That's pretty sexy. Gets me excited as he shares here. One of the attributes of Bitcoin is that it's a network asset and as such it's adoption curve has followed the typical S curve shape. We have seen many of the S curves throughout history and he continues here in the thread. The question, where is Bitcoin's journey along that S curve? A network assets value is driven by its adoption curve, so the slope of that curve matters a lot. Makes a good point. And when I first went down this rabbit hole in late 2020 it's adoption curve, which I defined as the number of non -zero addresses was very steep. It resembled the S curve for mobile phones during the 1980s and the 1990s, which was pretty promising. I'm going to read you a few more now. However, as the real rate narrative changed from dovish in 2020 to hawkish in 2022, the adoption curve flattened and it is now closer to the slope of the internet adoption curve from the two thousands and it has not made much progress since 2021. Now we also had some other threads which are very valuable. I'm just going to read the lead part of it with Bitcoin moving up. Once again, will its adoption curve accelerate as it did a few years ago and how does the macro trend on rates affect it? There's some very insightful data. If you want this, check the show notes below the video in the description. I'll include all of this. And he had one more good thread continuing the discussion from the recent thread on Bitcoin. I highly recommend you check this out because again, this is the head of macro over at Fidelity, one of the world's largest asset managers. So there you have it, my crypto fam and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in our live Q and a, and I look forward to seeing you on tomorrow's episode.
The Doug Collins Podcast
Former 49ers Quarterbacks: Where Are They Now?
"That brings us to our next question. Former 49er quarterbacks and where they are now and what's happening. I mean, you got Garoppolo, you got Purdy, you've got, uh, well, what's his name that got traded into Oblivion. Went to, did he go to Texan? Who are we talking about? Who is the quarterback in San Francisco who is all, everything. And they, Trent, uh, Oh, Trey Lance. Trey Lance. Oh, yeah. He's in the season. Everybody's forgotten about him already. Yes. Never going to play a football game. Okay. Question for both of you. Will Brock Purdy turn it around? And also number two, will the, will the Raiders get rid of Garoppolo? The Raiders will never get rid of Garoppolo cause he's too gorgeous. And, uh, Brock Purdy will turn it around. That team is way too talented for him not to turn it around. I agree. I actually agree with James on both of those. I think they're not only are they an incredible talented team, Brock Purdy's a good quarterback. He makes good decisions. Uh, it's tough to rattle him. Um, I, I believe if, if, I mean, losing Trent Williams and Deebo Samuel, I mean that that's a one, two punch that any quarterback's going to struggle with the kids going through some growing pains and he's finally facing some adversity in the NFL. I mean, it's about time he won his first eight, nine games, however many it was. So, you know, he, he just, he's come back down to earth and he looks human, but yeah, they're, they're going to make it better. And I hesitate to make any predictions about what the Las Vegas Raiders are ever going to do in the future. I love it. I love it. James, did you talk about my quarterback in Los Angeles? I mean, Las Vegas Raiders as being handsome. I don't, I don't care if he's rear end ugly. Okay. I want him to be able to throw the ball and not hit the barman in the back. But he's not ugly. And that's why he's still in Vegas. Listen, if there, listen, beautiful people get away with a lot of things, but Jimmy Garoppolo is on another level all the time. It's it's true though. Like he, I'm telling you, they, they probably, every team is like, you know, we got to get rid of this guy and then he walks into the room for negotiations and they're like, son of a, we can't let him go look at him face on all our billboards. Otherwise we're not going to have a female audience. I'm telling you right now, he is because he was, because he at some point with the 49ers obviously had some momentum and played okay. I guess, um, he just, he gets to stay and because there's so few good quarterbacks in this league, look how many teams are struggling because of
The Lead
"g league" Discussed on The Lead
"Here he is. For his first points. Good for him. He's a guy that, you know, right now he's got to figure out where his positions were. The garbage time bucket, of course that has almost a million views on YouTube. Wow. The only reason he got on with the bulls is that that was during the COVID times for the NBA. At which point the NBA said, okay, to keep this thing running, we need to just offer these G league ten day contracts. More often than we use. In practice going up against all these top level guys. Shooting over Oliver for his first NBA points congrats to Mac mcclung. So he did that for a couple of weeks. Then he goes back to the Lakers, his normal team. He wins G league rookie of the year. Delete people to choose from giving someone show time. He plays for Team USA as they try to qualify for the World Cup. He plays a game in Columbia for them. So he's basically all over the world. Trying to latch on with an NBA team. Just looking at it now, right? Definitely 30 cities. I estimated, I think it's a 150 teammates with all of the summer league teammates he's had. You know, he had ten different head coaches, I believe, as well. He's really experienced at all from the top of the food chain to kind of living out of a backpack that G league life. So it's almost like to reach his ultimate goal. He's realized what I'm going to do is not going to be normal, but it's what he has chosen to do and what he thinks is the best path to get to the MBA. So all of this toiling or whatever we want to call it has added up to a grand total of two NBA games in 25 minutes in the league. Did Mac mcclung ever consider trying to catch on somewhere other than the G league along the way? Yes, and I think that's the most interesting part of his journey. And because of his fame, but also I think because he's on the fringes of the NBA. He is legitimately one of the best players outside of the NBA. Those guys all have an option and in max case it is, do you want to play overseas or do you want to play in the G league? You can play overseas and you can make a lot more money than you can in the G league. In his case, he got offered to play for fenner boche in turkey and the Shanghai sharks in China. Both offers were over a $1 million. There are a couple downsides for that pep. It's hard to make the NBA directly from those leaks. Once you go over, they pay you that 7 figure contract. You got to stay there till the end of the year or two years. But whatever it is, on the other side, you have the G league. You make 5 figures unless you are a two way NBA player. The one major upside is you are playing with NBA coaches and the big one is that during the season, when players get injured, when players get cut, players do get called up from the G league to the NBA. So yes, it is a worse kind of lifestyle, but if you want to be in the NBA, it helps to just be available in the G league, and that is exactly what he has bet on this season. It is tough. When you get offered multiple millions of dollars to know go overseas, it'd be pretty crazy to turn down, but my heart is always been this and I really, truly believe it's going to happen. So yeah, it was a tough decision and I'm surrounded by a bunch of great people that helped me make it. And he has mentioned to me that, hey, maybe moving forward, I might have to consider going over to Europe, but the reason he stayed over this year was not to be in the dunk contest. It was to be available for an MBA column. God does fenner bocci dollars. That's a lot of zeros, man. It is. That's discipline, I guess. Wow. Well, so that brings us to the part of his story where the NBA comes calling before that though, stepping back a bit. Can you just remind us of the recent downfall of all star Saturday and the dunk contest? Yeah, guys. I mean, it's something that, as a reporter, I certainly have not had that much excitement. The dunk contest is always the crown jewel of it, and in the past few years, the dunk contest hasn't been great. I had to give him some eggs and I get a 7. This is Shaq's pet peeve. When guys take this long. You know, there have been a couple of memorable duels but on a yearly basis, I would say more often than not over the past ten years you're getting a flop. You made the stage with a little bit too bright for him today. He gets a bit of up the score of 30. His fight is over. We think of Michael Jordan and Dominique Wilkins participating in the dunk contest. I think of when I was a convinced Carter doing all of those crazy dumps and putting on a show. And they really haven't had that level of excitement over the past couple of years. Hey, Chris, you're one Mulligan for 18. The dunk contest and all star Saturday night when you say the demise, I think those two things go hand in hand with each other. So how does Mac mcclung enter the picture here? And what's your understanding of how and when he was offered a chance to participate? It was midway through this season, you know, they didn't officially announce it until a couple of weeks. Maybe even the same week of all star Saturday night, but he knew for a while. When I got the call that they wanted me in it, I was like, well, I want to come prepared, you know? It's a great opportunity for me to kind of get my name out there, so I went to work, to be honest with you, you know, I got chuck with team fly brothers and all my Friends, and we just schemed up schemed up. He told me when I interviewed him that he was working on dunks with his friends from Virginia. He played in Delaware for the sixers G league affiliate this year and his friends from Virginia. It's like a four or 5 hour drive up I 95. They would work in the sixers practice facility and talk about all the dunks. And part of this is that the top players in the NBA, the Zion williamsons, the LeBron James, they don't participate in dunk contests. So you see this year, it was even lower than fringe all stars. These guys are all excellent dunkers, but they're not exactly top MBA players. And here is this guy Mac mcclung who's playing in the G league who gets an offer. So I do think from the NBA standpoint. It was very strategic to get him in to try and bring some excitement to a dunk contest that had lost its luster. There were some who questioned why a gigli player was being given a chance to participate in this event, including Kevin Durant on a recent podcast. Who else is in it? That's crazy they doing that. No shade to Mac mcclung, but no shame. What are we doing? It's how I felt. And Mac is I'm standing athlete, but are these men on the show, but what are we doing? Rich, what are your thoughts on what KD had to say? And how if at all did Mac mcclung react to people saying he shouldn't have even been in the dunk contest in the first place? Yeah, okay, you said similar to what I just said where they All-Star Game, the dunk contest used to feature the top stars in the NBA. And I'm not sure that's max fault because those players don't participate. And frankly, if anybody watched the All-Star Game on Sunday Night, they don't really participate in the actual game as well, where that turns into they can have their own dunk contest where it's just a layup line and nobody really plays defense.
Cinemavino
"g league" Discussed on Cinemavino
"Know now looking back at some of it's not going to age well. Renee Russo, just so it was so many white people and headdresses. Yes. And Tom berenger following a gal home to find out where he was. Showing up in the middle of the party. Yeah, very awkward. And being forced to like sit down and partake. I did kind of glass was that. He got in, too. Give me a break, man. This afternoon. I did freaking love that. The little bitty stem, and then I noticed that too. I was like, what kind of glass? What is this? Fucking with him? I don't know. I don't get it. But glass we're in the 80s. Also, I would have finished that beer. And then left. I did love that scene. It was just like, oh, he must make pretty ball play. Pretty good money. Yeah. I make the league minimum. I don't know. I was like, damn. That's awesome. She's still not. Nothing to shake a stick at. You know this movie at an alternative ending? Really? Yeah. So in the alternative ending, the manager basically confronts the owner and is like, hey, this is fucked up that you're like, I know about your plan. You can't do this to us. And she basically says, oh, I'm basically doing this to give you a villain to play against. This is the only way that I could have gotten you guys to be a winning team. Is by giving you somebody to rally against him. It's working. Yeah. But if you tell anybody about my plan, you're fired. Interesting. Yeah, but it ended up not testing well and they just cut that part and they didn't use it. I like it better like this. I think I do too. Yeah, you need a villain. Ted Lasso, it works better if they humanize the owner because you got to seasons to do that. Right. You have multiple episodes. I mean, you can do that more comfortably. And I'm going to be able to think it would have played as well. Major league is pretty simple, straightforward movie. You need somebody to boo all the way through. Especially in the big game. You need to look at how complicated. Yeah. And I think that's the reason why I love this is probably one of my favorite baseball movies. And you know it is weird. I know we already did a league of their own..
Celtics Beat
"g league" Discussed on Celtics Beat
"Just talk to us because we don't spend any time on this show talking about the main Celtics until right now with you on it. So what should the people know what the people to be excited about for this team for this roster for as it just again relates to all things Celtics fandom? From a big picture standpoint, one of the first things email doka said when he took the head coaching job with the Celtics was he, he does find some importance in the G league development. And that holds true with if you look at San Antonio and their roster, the spurs, there are some G league talents that did shine at that level and then took the next steps moving up. So there definitely is more being invested into the NBA G league. That's a great first step and then just from the actual basketball sends another quote from email don't go when he was introduced as head coach of the Boston Celtics. So you want to get those assists up. Well, jerel Christian, who was the first year head coach of the main Celtics, he used to be with the wizards G league affiliate, the capital city go go, something he's implemented here with the main Celtics is they want just they want to not only push the pace, but wants those assists to be up and going into the Las Vegas showcase, which took place last week. The main Celtics led the G league in assists. They led the league in offensive rating, led the league in scoring. So they were doing a lot of great things as it pertains to moving the basketball. They play a very fast brand of basketball. They had the best second best record in the G league going into the showcase at 9 and one. They split their series with Long Island. So it's an unselfish brand of basketball and I really don't say that with a smirk because that's what we're hoping for out of the parent club. It actually is a really fun brand of basketball. They're playing. They play in the small confines of the expo in Portland Maine. But it's a fun brand of basketball. They push the ball, they're unselfish. They're bigs can pass cornet has demonstrated that juwan Morgan, who is a player who played in the bubble as a playoff player in the Utah Denver series a couple of years ago. So they've got some guys here that are on the cusp of being full-time pros, but they considering that league you'd think, oh, well, you're going to just give the ball to the two best players, arguably the two way guys and they're going to get theirs and they're going to get called up and then everyone else just tries to become the next them. They actually play a very good brand of basketball. Team oriented. But be honest, you're devastated you missed out on taco fall..
NBA Front Office w/ Keith Smith & Trevor Lane
"g league" Discussed on NBA Front Office w/ Keith Smith & Trevor Lane
"Releases like that. But what is interesting is. He made a doka followed up with it and said, yeah, he's getting no symptoms. He's feeling good. We're hoping to have him back and ready for opening. So that's where it was at. Of course that led to a million questions off is he vaccinated? What's the breakthrough case? What is that? We don't know exactly for sure if he's vaccinated or not. Some people have said that he said that he was. I have not heard that come directly out of his mouth. He basically gave the same response and I want to say everybody else has given his private personal decision and all those things that were repeated AD nauseum and all across the 30 teams at media days. But yeah, so we'll see what their hope is that they're going to have a back opening night. And this is where part of their deal was last year, they were hammered with COVID more than any other team in the league. And it really killed their depth because all their depth was young unproven players and Brad Stevens without openly saying it very clearly part of his off season plan was we're going to get some vets in here with this. And now they've got a pretty good deep roster where there's 1112 guys that you could conceivably say, yeah, I can see that guy getting minutes on a given night. So they'll get through this, but hopefully I mean concerning these one one a on the team with JSON data. You want to opening night against the next because you just need to really kind of need it. Yeah, absolutely. So hopefully he is okay to go for opening night, but is interesting the way it was actually reported by the team. And we'll see if that sets the tone moving forward for other franchise. Yep. Yeah, I almost do wonder ways in one of those things where this is complete speculation. Is it more comfortable reporting? It happened because the player is vaccinated. Do we feel better about putting it out there? Because in some sense, you know, hey, we want to put it out there. It's not immune to the COVID vaccine is not immunity. It is, you know, there's a million things that help with but it's not does not make you and me and there are these breakthrough infections. So yeah, let's see kind of where it all comes out here over the next week or so. But yeah, we're all kind of waiting on the Celtic side to see what happens with them. All right, let's go rapid fire here through a bunch of the players that have been waved some signings as well a few names that most people probably won't recognize, but some that you will, for example, the warriors have waved Langston Galloway. We were hearing that that Avery Bradley was the leader to get a spot on the roster, so waving Langston Galloway is probably a step in that direction as well, though, it's certainly not done at this point. Yeah, and then they signed queen dairy weather spoon today. That's clearly assigning designed on either he'll get converted over to a two way contract or he'll be with the Santa Cruz warriors of the G league. The vast majority of these names we're going to run through outside of the veteran names that you probably recognize the ideas here is that these guys will end up as affiliate players with the giri team as we go through these. Speaking of veteran players, coast to kufa. Signs with G league. Kind of a blast from the past. Look the traditional bigs have a harder time now making in the NBA than they have in years past, but coaster koopas trying to work his way back in and sign in with the G league. So best of luck to them there would be nice to see him battle his way back. Yeah, it sounds like he's gonna play the role in mere Johnson playing for that team in the last couple of years where he's kind of the veteran big in there and we'll work with their big men. And good for him if that's what he can do and help get those guys ready for their MBA careers. The spurs have waved Denzel Mahoney and Jalen Morris. They headed to head to the G league? Yeah, they'll both be with Austin. Here's my guess. Morris is a guy who's bounced around on a couple two ways with wood teams where you either guys will be in Austin. As expected, the nets have waived Edmund Sumner. Remember they made that trade picked them up from the pacers. But we always knew that this was going to be happening that they were going to waive him. They just made it official now. Scott Agnes, who covers the pacers for the fieldhouse files. Does a really good job. He reported that there is some potential that Sumner could come back to the pacers not as a signed player, but do his rehab there, because he was not on a team. They are entitled to bring the player back to rehab with the team that they were with when the injury occurred. So he's very highly thought of and while light pacers did that trade to save against luxury tax and to give themselves some clearance against luxury tax. That's why they moved off that. Would they second round pick to the nuts and that? And we saw precedents set on that a couple of seasons ago when the Lakers lost DeMarcus cousins in the off season then later waved him to make room for Marquis Morris design. And then they went to the NBA and got permission for cousins to continue rehabbing in their facilities. So something similar here with Edmonds. And that's a way to absolutely. I mean, guy gets hurt on your diamonds, not to I guess I'm paraphrasing shack here, but I get hurt on company time. I rehab on company time. Yeah, I mean, that's kind of the way it should be, right? They should be able to do this. Because clearly, NBA teams are going to be a better suited to get you where you need to be, then just showing up at Ellie Fitch and getting in a workout and doing your thing. Yes. In fact, I think it was showing up to LA fitness that caused DeMarcus cousins injury who's in a pickup game. That's why I don't really pick up any more than that. That's the reason why that's what it is. That's the reason why I don't know. The pelicans have Jared Harper and they've signed James banks and Malcolm hill again kind of shuffling the deck with some of these guys, mostly guys that we'll see wind up in the G league not guys that are going to be making an impact on their roster of this season . In the G league with the Birmingham squadron favorite team. The nuggets have picked up the option for Zeke naji. You've got like a combination of two really good running backs in the NFL. You've got you've got zinc and then naji Harris. That's a great name. I will take your word for it. I don't know. All I know is that max Jones let it come back when the first of many on Sunday. So I will take that. Yeah, that's not unexpected Zeke naji is Joan just enough. To be there, I think they were hoping, maybe he'd be ready for a full roll, but they were able to get Jeff Green and resigned to Michael green. But I think they're probably going to be one of those teams that's going to be a little bit more proactive with resting some guys. So he may still yet break into a more consistent regular season role we'll see. The grizzlies have waved Shaq Buchanan, unfortunately, his name was not able to save him in that situation and they've signed Romeo weems in his place. Yeah, and both of those guys will be with the Memphis hustle shack pecans, men with the hustle for a couple of years now. So he's going to be coming at grizzlies organization guy. All right, I think that's it. I'm sure there's a few other odds and ends that have happened around the NBA. I'm looking to see if there's anything that happened since we started recording, but the hornets waved DJ carton in some of your speed and saw Jalen crutcher and Cameron mcgriff. Again, these are all G league affiliate player rights rule moves..
NBA Front Office w/ Keith Smith & Trevor Lane
"g league" Discussed on NBA Front Office w/ Keith Smith & Trevor Lane
"But if you're an affiliate player what happens is you sign with the G league, and then as an affiliate player, you're immediately assigned to that team's G league team. So where Cleveland has the charge? Is there duly team? So that's my guess is what will happen with a guy like tray Scott. And there's going to be a whole bunch of these guys. Guys, we just talked about Ethan Thompson, Chicago. Indiana has kiefer Sykes and Terry Taylor, a couple guys they brought in. So you're going to see a lot of that go on here over the next month. And then what happens sometimes is you'll see teams will play some games at the end of a roster because they might be like, you know what? Wow, that tray Scott guy looks pretty good. We want him as our affiliate player so that they'll sign them. So they were the last seen average right. So they get Amazon affiliate player and block the other team, and we do see that happen every year. So that's just a little bit of the Fonda. Roster maneuvering at the end of the preseason that we like to see. Well, let's run through a couple of other guys. There's one kind of biggish name that I want to finish with, but some of the other guys, Jill Weiss camp on a two way to the spurs. Cannabis diop got a two year deal with the spurs as well. We don't know what guarantees are on that or anything like that. And Tremont waters to the box. Yeah, trauma water is two year player. Two year two way player with the Celtics, the last couple years, he's a little guard. The challenge right now is the bucks don't really have a roster spot for him. But the bucks could use another guard off their bench, so maybe this could be one where you could see this getting converted. I'm sure he doesn't want to spend another year on a two way by if that's the best thing for him, then that'll be what happens. And he'll pay her with I'm ready. I've been practiced in this one. Sandra mamo Kelly, yeah, how'd you like that? That's a real name. There's times when we're going through this and you're throwing names at me and I'm going, this is a creative character, right? This is made up. This isn't a real person. That name, I know there's no way you could make up that name off top of your head. So it must be real. Yeah. Yeah, if it was made up it would be like Keith's mouth is what I would say to me. It'd be something simple like that. My brain is not smart enough, especially after this past weekend. But yeah, he's a big guy out of seat and hall, who they drafted, and then they signed him to a two year two way. So waters may join him on the box bench as a two way player. Yeah, and then key debates deop. So there's a two way success story. He got moved up. We'll see though the spurs of the wave channel the Hutchinson. That brought them down into range. Now where they needed to be contract wise, except they're still plus one. They still have one too many guaranteed contracts right now, so we'll see if beats the op got any kind of guarantee. And his deal or not, or if they're just giving them a little bump for being a good guy for them for the last couple of years. So some maneuvering left to go for the spurs. And then yeah, Joe Weiss camp was one of their draft picks designed around always going through a two way..
Game Theory Podcast
"g league" Discussed on Game Theory Podcast
"Was, he was pretty again in that Memphis game, you mean? Okay? Yeah. Yep. 23 and 11 again today. He was really good. Wow. Okay, then maybe as peace in the whole thing together. I was just surprised coming off the season he had last year in the G League where I believe it was like, fifteen, nine, which is great like like good numbers but his deal was two years. Guaranteed. Is that right? I think it might be one. I think he and one steal. It's a two-year deal with one guaranteed wage ones long as bad, but he, he looks almost like a different player, but he, he looks like the prospect. He was when he was hyped up to go to NC State. Yeah. No, I mean, he was one of the best players in Europe. It was like off a very similar situation too. Salty aldama who won the. What the, what was it? The u-19 you 1820. 2018, do a tgp. I think. Yeah. Yeah, 2019 Easter 9th or mixed up. Yeah, similar level Prospect to that, where he was one of the best players in Europe. Coming over decided to go to college. Out with NC State got caught up in the disaster Zone that wasn't NC State. Unfortunately, under Mark, Gottfried kind of declared for the draft decided to return to NC State, play for Kevin Gates kind of works, but wasn't really what he was looking for one to play. For Patrick Ewing at Georgetown was very productive. What was abhorrent defensively like fine for that league for fighting for what they need him to be, is a 12-year senior, whatever it was fine. He was terrible defensively like he's right, but but it wasn't. You still saw pieces of why I thought he was so slow, told him. Yeah. Oh, so skilled by great hands, particularly really good touch great footwork. You could absolutely see the signs their butt off. I mean, he even looks a little bit better defensively. It looks a little bit more. Confident, I still have questions about how that's going to look at the next level. But yeah, like it's it's a valid signing for Miami to take a shot off. I think.
Game Theory Podcast
"g league" Discussed on Game Theory Podcast
"If you watched this whole thing, if you watched him from grass-root to USA Basketball, he has such a better Pace random and he doesn't go a million miles per hour. He had a step back that first game at home. Elbow was balance and it looks so natural. And then the end of the quarter. He has an ISO called for him and he gets his own bucket. And that's why there's hype about him because you need that in the end of the game and the shot clock in the playoffs to get two points and he can do it for you. And the second game little slow to start. Then he hits it contested three and a tight window is Doris Burke. Put it and then he scores on a drive. The next play he gets going in such a hurry. And it's, it's so effortless where I thought Kate was working a lot. And sometimes, like, you're working for buckets and some guys need to do a hundred moves and pumps and Spins. You look twice in General, Greene, that's fifteen points. That's just the way he is. Yeah, that's a really, really good way to put it. It does look effortless with Jalen green, especially on this level. Whereas, with Cade, it is a constant battle a little bit. That's where he has to work to get to his spot because he doesn't have that athleticism like with Jaylin, right? Jalen like half half speed. Jalen is full speed Cade in terms of the first step right off. If anything, it's Jaylen, gearing back and that's something that I notice in the G League that he really, really slowed down, like Midway through that g League month in the bubble. To get that experience and it really improved. Yeah, I think he is every bit, the score. We thought his outpourings, Shang goon turned, you yet. Matt Penny Packer game on. I'm, I'm smiling. And if I had dug deeper and knew that, he whispered sweet nothings to the basketball before I took free throws. I think I would have ranked him a little bit higher because he he's such a piece, such a basketball character who she is preview mortine know. He does know. There's like a split at Center Court and she's like not speaking much English. He's just running around out there. They call a l p. Z better than I thought he would be straight up. He scored out. I suppose he hit deep threes. He dropped off a couple assists. Still an angles guy and I thought he was exposed some defensively on switches and he'll give birth. Block because of how well, he reacts and placed himself off the floor and we were texting. You said the explosions, they're just not necessarily the whole length, so that's why. But he had four four blocks each game, the jumps are astronomical, but the timing is there and the same values and he's fine as a rotating help defender on traps. It's just a different story on flat out switches..
Jeff Goodman Basketball Podcast
"g league" Discussed on Jeff Goodman Basketball Podcast
"I don't know if it works for overtime to leave because again they're going to play in like a high school or a properly or whatever it ends up being you're going up against other sixteen and Seventeen years old. To me it doesn't look all that different than if you know seeing img's pop up and my verbs pop up, Jaylin, Greenwood Inn played in the G League against a bunch of guys that are twenty five year old. Former all Americans that are trying to get back to the NBA that very different than being a seventeen-year-old, is playing in a league, that is going to be kind of built to create Instagram highlights. So I think that what they're doing in those levels is very easy. Are from the mobile C out of overtime Elite and that's not the bachelor. Let me look, you can go get $500,000 is a sixteen-year-old, it's very hard to tell people that's a bad idea but I just don't think that that level of basketball should be comparable to what Jalen green saw or even what. Lamelo Ball song RJ, Hampton South when they were in Australia and I have one other question for you guys as coaches to just, like, put this in perspective and I'm, I'm curious weapons. And she's like, what, what is, what makes life harder for you guys? Like the threat of losing some recruits, or just like the other thing we see every year is, guys are turning pro after two or three years of college of aren't necessarily going to even get drafted off and you lose, guys, they go pro, but shit. I mean, they would, you could be all-conference, all-conference players?.
Jeff Goodman Basketball Podcast
"g league" Discussed on Jeff Goodman Basketball Podcast
"And then he goes to Texas and Scott McConnell. The SSID throws them out there. Throws him the wolves and moose like that year did wonders for Kevin Durant. So I would say, for me, personally, I've Just Seen even one year and I don't know, Chris, if you want to speak to this Capco about how it help Evan. I talked to him before the year. He was like Kevin Durant. He didn't say much. He was good but he didn't want the attention. He was super quiet. The nicest kid in the world, one of the Year, obviously wasn't the same year as wage earner. I have because Evan wasn't doing as much Media stuff and everything like that but it makes a difference. It definitely does cuz of the exposure, the exposure, he got the attention for a kid who doesn't want attention wage forces you to speak and help them grow up, you know, within his teammates. It's for him. Being nineteen years old, it was hard for him to assert himself in front of twenty, two year old seniors. So as we went on Thursday, our season, it got easier for him to do that. Now, imagine him doing that with twenty-five, twenty-six 31 32 year-old men, so I think that helped them, you know, the growth physically, help them learn in the game, help them, I think experience all that experiences will only help him. And I just think he liked being around the guys though being around his boys, going through this experience. And like I said, it was even more unique for him because we didn't have a log. Going on out here. It was really more isolated than it was a lot of other parts of the country, but just to, you know, just how you go on the road trip, how you hang out with the guys, they were still able to go out occasionally little things like that that you're doing in college that at least he got the experience and just to learning curve, the learning curve. I don't blame the NBA for not wanting to get into High School gyms offer such a steep learning curve for those kids when they're Seventeen eighteen years old and you're going into that league. So it's a steep learning curve coming to us. But at least around, you know, like size kids or like age kids and it makes a little more. He's a year but I think it did help him Jeff to answer your question. I think the year of getting attention for a kid who does not want attention helped him out a lot. And in his growth, his maturity is already a maturity of. I think it helped him in that aspect and will only provide a better platform as he goes on to the next level, in terms of asserting himself his confidence and things like that. Jeremy one question wrong. To ask you was this was the first year, the Julian. I'd if we were having a normal season or a normal year with those kids have gone through a normal G League schedule. I know, it was condensed into the bubble but like, if they were to choose a league night, would they go through the Westchester Knicks? Des Moines, Iowa, wolves travel, play that full schedule for the NBA to evaluate them on those terms. Or is it going to be a more prudent schedule with, you know, to, I don't want to say cater to them. Don't know if they're catering to them, but to, I guess help them out more. Yeah, I think that I think that was the plan and my guess is, that's how it would have happened because, you know, originally was like, well, they go overseas while they play in like youth tournaments. But then you look, you know, they fill the roster out with dealing vets, right? You had talked to her and guys like that who are, you know, on their team to sort of help them bridge the gap..
Jeff Goodman Basketball Podcast
"g league" Discussed on Jeff Goodman Basketball Podcast
"It's not my area of expertise, but it's going to help with those guys to they'll be able to make little bit more off their own, you know, name, whatever wherever they play. So, that probably makes College a little bit more viable from from that perspective, too. But I think it's, it's the guys who are going to be the longer-term investment, so you hope you can develop, and, you know, keeping your program for a couple of years. And that's how you win, you know, it's continuity, right? And that's without even getting into the chancellor of stuff. But, you know, I I think that that sort of the frontier that I'm interested in terms of what decisions will be, you know, fifteenth 2/50, best kids, be making right? So you did this with a lot of kids in Kentucky. I mean, you've had plenty of experience with one and dones, your thoughts. I guess your overall thoughts on this page and how concerned you are. You know, I think what we've seen, you know, is that that that college? Now I think that folks are looking at they have more options off in college, you know. There there was a period of time where you looked at, you know, probably one school that was the one in done place, and then it became another school of thought that was kind of the the other place that you could go. And now you're looking at two spots, you know, obviously, you know, crispy and on this call. I mean, then Now, I think what we have seen is is in everybody on this call has had somebody that's been one and done and I think it now, I think the folks are looking at there's different spaces that you can go to thumb, be a one-and-done, there's different coaches that are going to prepare, guys, and I think that's a good thing for college basketball. I think that folks are now seeing that I can go be myself. I can go play for a differential coaches. Obviously there's there's schools that have had more success, but I think that, you know, there's going to be a an option now for for you to go to a home town, you know, with the n i l that maybe you can make a little bit more money, you can have an impact on the community, you can have an impact on that program and I think that there's places that would have never imagined having a one-and-done. You know, and I think that says a lot about the coaching I think that that says a lot about the development, And as much as I want to keep you out, you know, near that edge. So Stephen can come push you off at some point, you know, Jeff. And I think that it's, you're safe, you know, for right now that the college basketball is here and it's not going nowhere and it's going to be great and it gets going anywhere. Listen, I don't think it's going anywhere but but what I will say is like there are some pretty big names associated with overtime, right? We can get that like, if if Kevin Durant calls some kid in high school and Cadiz, an investor Carmello's, an investor Jay Wilson, investor board of directors, whatever it is, but if KDE call some kid in high school and says, hey, you should go, you should come in overtime and leave. We know how these kids are how impressionable they are, right? They all want to be Cady and who are they educated enough? Are there are their parents educated enough at that time. Like we got two kids that are going in their junior year of high school that have already committed Pig. Are those kids educated enough to be able to make an informed decision? Like coming out of at least high school and they go to G League ignite I feel like they they've got a lot more information by Thursday and they've gone through the recruiting listen..
Jeff Goodman Basketball Podcast
"g league" Discussed on Jeff Goodman Basketball Podcast
"I walk him into another episode of candid, coaches, conversations every single week you can find us live, streaming. Find us on all the audio platforms, and we got a great show for you again today with another group of assistant coaches and media members. And today's topic will be how college basketball with the landscape is changing with the addition of the G League ignite a year ago and now, overtime Elite. Yeah, this would be good. I mean, listen, we've had a bunch of of different topics and I will never run short four topics, but I felt like this week. A good one would be everybody's talking about, obviously a year ago is G League ignite, right? They signed Big Time Players even pulling those as well. Jalen green decides, he told me he was going to go to Auburn. I know he's told some other people that's gonna be Memphis, but he told me it was going to be Auburn. Instead, he goes straight leaking night and kaminga. I think God. Kentucky was in there for kaminga and dacian Nick's decides at the last minute, he signs with UCLA and now you've got over time of leave, you know this league that's taking sixteen eighteen year olds and giving them you know somewhere in the vicinity at least a hundred grand a piece. And from what I'm told, the Thompson Twins got five hundred grand a piece plus $150,000 signing bonus so they get paid real real money as high school kids. And I wanted to bring on guys that are going to be affected by this which all of you will because you're all recruiting the high-level guys are have been already or will be and Jeremy get your inside to of like how much is this really going to affect college hoops? I think it is I really do like G league night. I wasn't worked. It's like all right. You know what? Adam Silver, he's going to take five, maybe ten guys a year. No big deal. It's the same as it would have been years ago when kids were able to go high school to NBA. Now, you, you have those Thursday. We're Adam, Silver said, he doesn't want to get twenty or thirty two. Now, over time a lead which wants Thirty guys. Well, if they get Thirty guys in the Top fifty, which I think is a stretch, but if they somehow do 30 even have a hundred, how much does that drain? The talent so argue. Somebody talked me off the ledge one of you guys, whoever it is come out and tell me I'm crazy and we have nothing to worry about is.
Unofficial Partner Podcast
"g league" Discussed on Unofficial Partner Podcast
"And geeky government and that alliance and strategy and planning work has made uefa become even bigger fans of us. Which is can you help us in football politics across the continent globally. I'm not a fan of boris johnson. He's a populist. And therefore this is what populist politicians do he saw an opportunity fell a bit opportunistic. But i just don't know what the reality of it will be. They've promised on a committee or steering group to look for government governance and tracy crowd. Yes can't be heading that up which is probably good news of the promise on how much influence and decision-making powers that will carry. Let's see everyone knows that the the power and structures of the premier league and football here a very strong said that folks think get sustain government interference. And i think that's the way they would like it to be sudden. See a great long term future for government trying to control or have an influence in say all regulation of football in that spirit. Okay tracy crashed. He's good news. Yeah put everyone towards the podcast. We did with us was great in that. And then although sean rover over and gave her so those who is the last one. We did before lockdown. She so just around off. Then let's we both of you mentioned that you think this is going to come back in some shape or form then terms of the super league whether it's as presented all not. Let's just go forward a few years. I won't put a time limit on it. But how is european. How is that what we do. What are we gonna be watching. European football club football. Who's at the moment is a massive feels and had this chaotic disruptive week and we're still in the middle of it anything that you think. Okay that's a certainty that will happen over the next three five years. Whatever thirsty what happened. But we have our new format for european football me The champions league and some people have commented that is perhaps a watered-down cheaply has sort of framework of what the league was trying to achieve and putting some potential dan. It may work. It may know that as i said before the evolution of european football has been going on since it started and has been changes in the it in nineteenth and in lost. Since trump is lease. I started been a number of changes to most of them at been fairly good. I still think. I can just about remember the european cup shallow and it was good. It was good. It was yeah. It was a tournament where the league winners of every country played against each other and there was called a european company and it worked because that appeared to be sort of rewarded success in a way that is already it was revolutionary is as but th- rich and obviously trump is no fund. Win win spurs in it vehicle. Couple of years ago and that wouldn't have happened dipiazza. Be less champions. Think there's been a lot of commentary that the style and quality of european matches have been excellent in a knockout stages over recent years and it really has become the pinnacle of football to watch probably supposing while cup european championships and international generally so the product at the end of it. You wanna call it. That is raw the good. Have we replicate. That says excite. Seeing an intriguing has drawn. The jeopardy aspiration will throughout the league. Season is something to debate. Maybe a new format that comes. A couple of time will will help that. But i think that there's been so many great matches in last year's spurs included..
90 and Extra Time
"g league" Discussed on 90 and Extra Time
"But the difference is the premier league brings in a lot of money that gets pushed down to the lower ladders of the pyramid of english football. In addition another difference. This is only one country that was being affected another difference. Is that even though it hasn't happened yet. Some of these the big six clubs of They still have the potential to be relegated down into the championship with this proposed european super league. There will be no relegation for the original. I think fifteen members supposed to be a twenty league before fifteen members. There would not be relegation. Now arsenal tottenham there right now not in a position to where they they'll be playing football next season unless arsenal wins. Europa league and tottenham got knocked out recently by a club whose coach was arrested the day before their europa league match. You know i. I see this as nothing more than a money. Grab i would love to be able to see you know to have nothing. But top clubs you know in european football constantly playing each other but at what cost to the the the lower level teams. You know. there's still always that possibility that burnley is going to beat liverpool or man city or whatever you know. There's always a possibility that a small team. I'll tell anti for example making it too. I think they makes it the quarters in the champions league like recently and now they want to take this european super league essentially make it the new champions league and basically you would have fifteen teams and five teams. That would be able to get promoted and relegated. Ardabil league would always be the constant champions of club level football in europe and It it's it's it's it's just disappointing. And what's his name. Florentino perez the president of real madrid He he's like the main culprit now. I'm an american closed league. Sports franchises are the big thing here in the us nba nfl major league baseball and the national hockey league. That's just how it is the mls we would love for the mls have a promotion relegation system with like the us l. or whatever. The mls doesn't have that because football is not. It's not even a top. It might be the number five sport in the united states right now and i would argue that it is probably competing against nascar to be totally honest with you for that fifth spot but the reason we even have the. Mls is because the united states was forced to open or start a professional league in order for them to be able to host the nineteen ninety-four world cup and now yes mls is blowing up. It's getting bigger austin texas austin. Fc just had their first mls game against the galaxy this past weekend you know. The mls is huge now over twenty teams. It's it's big but it's a closed league. Yes some people say the fief are protecting them because you know there's no promotion and relegation..
Game Theory Podcast
"g league" Discussed on Game Theory Podcast
"At this point at the beginning of March expected to be a first-round pick in that NBA draft and Syracuse made a surprise run to the NCAA tournament. He just exploded on the draft boards and ended up having to leave. So we're going to look at the guys that we think could end up being the Malachi affect players of this season guys who burst onto the scene in March have their draft stock explode not out of nowhere, but out of a maybe surprising given where they would be at the beginning of March here and end up having to leave college and we'll talk about some way off the radar guys and we'll talk about some guys that are certainly on the radar but not necessarily quite as highly regarded with prospects the final couple of things that we want to talk about. We want to talk a little bit about Arizona because Arizona's done at this point, they're the first team with like real draft prospects re-birth. Marcus Burke and IUPUI to finish their season this year and they have been matheran and jhoulys to Bellis both of whom have interesting decisions coming up and I kind of want to just break them down a little bit. And then finally we're going to do the thing where Matt and I pick a couple of prospects that have gone flying under the radar this season and wage Spotlight them really quickly and just kind of dig deep into why we're interested in them. Like we did with Derek Alston last week and who who was your pic last week? I forget Matt you had champagne any way shape and that's right. Yes. So yeah Matt, let's let's jump in with Jalen green. So back Jalen green has early on he looked tentative at least more tentative than what we've seen him previously in his basketball career. I think he's still adjusting to the speed of the game. He was still adjusting to the length of players out there. He was a job. Into strength, I wrote at the time that I thought jail and green was the player here that I would expect to get much better over the course of the G League season because I think that he is going to adjust to those things in his athleticism is going to shine through in a real way that is largely taken effect. Like that is true in terms of what has happened with Jalen green so far. What are your main takeaways with what we've seen from jail and green and I think it's pretty clear that he has certainly solidified himself as certainly a top-five pick in a life raft, right? I don't think there's any doubt there. I mean right I'd probably skew a little bit higher what stood out for me is he's using his dribbles wiser. He's tightened up using that 8 trouble sticking to his boss. Now. It's a jab maybe one or two and a pull up which has been a lot better even stepped in for a trail of three off the brake and he didn't even think about dribbling. It was just like a catch-and-shoot where that just wouldn't have happened before like he was dead. Actually put on the floor taking a dribble and try to throw himself in the lane and see what happens and seems much more under control. It's like he's bottled the good stuff. We were encouraged about with him as a prospect and just do a little bit more often than and it may sound weird, but he kind of like looks and moves a little bit more like a pro. I'd say 2 I could be over selling this year because he he's still definitely has his lapses and have to talk with a 4:15 game here and there and roll with it. But the maturation of his game to me has been a parent and I think that's probably a credit to his coaches and the older vets..
Game Theory Podcast
"g league" Discussed on Game Theory Podcast
"Potential ACC tournament depending on if conference tournaments are going to happen by the way, isn't it crazy math that we are February sixteen and we don't totally know what the deal is with conference tournaments know. It's kind of like fly-by-night like yes upside conferences or conferences are like, yeah. I don't know I think we'll do it. But we'll we'll see what happens. Yeah just feels like at some point. We need to figure these things out at least we know that there's going to be an NCAA tournament Indiana, but we would aggress we're going to talk about jail and Johnson here for a little bit and we're going to talk about sharife Cooper and just an update on the G league night guys..
Premium Hoops
"g league" Discussed on Premium Hoops
"And Since i been working on my craft china and find The things i'm good at and One of the things. I really like doing this way too much time. Watching film of players of teams that most people don't know about that's my niche It hasn't At this point. Benefited me Financially as much yet. But it's still work That love to do. And i love players that i feel like i'm gonna break out and You know become studs and gambia be maybe like next christian would next Duncan duncan robinson. You know whomever yeah. Yeah definitely and i certainly haven't been writing as long as you feel that you know it feels like wow. I've been doing all this like i. You really put out. It's like. I think that i've invested more hours than i've been compensated for in terms of just sheer volume But it's worth it man. It's it's so fun covering stuff. And i think that's why i really want to bring you on to talk about some of the stuff that people know about like. I think a really good launching point. And having i want to bring you in on this to dennis smith. Junior came out the other day and stated that he wanted to play in the g. league bubble and i as far as i'm aware that's happening. He will be with the westchester next. Like we were talking about before we got on here And i think there were some really interesting discourse around it that You know we talked about in the ems coda. And i think it's just it's a really cool point to to notice like a dennis smith junior notices. Okay i'm not going to be playing with the knicks. I have not been in a rotation. I have a chance to go play in the g. League develop. And i think sometimes there's a bad connotation with the g. league but in reality i mean we're looking at some of the rosters in the league employing..
Game Theory Podcast
"g league" Discussed on Game Theory Podcast
"Today on the show at Penney's in the building. We're going to talk a little bit about the Kevin Porter situation, which has devolved into food fighting. We're going to talk about sharife Cooper. We're going to talk a little bit about BJ Boston and then on top of it, we're going to preview the G League game tonight team and kind of give you guys a rundown on Jonathan kuminga Jalen Greene station Knicks and maybe even talk a little bit about Isaiah. Todd probably won't talk a lot about Guys Auto Thursday. We don't really think cassata was a real NBA Prospect do we met now? We're not there. No. No, you're not good Kya size and can shoot a little bit but we're not there yet multiple months to year G league night team member in all likelihood. So Penny, how you doing, man? I'm fantastic. I just want to start by saying I feel like I'm a freshman on campus wondering until like one of those hundred person lecture halls and I just want to make sure this is the right class like this is the the draft. I didn't wander into like a a cricket game theory podcast based on your tweets. I'm like all in on Cricket. I didn't want to get you going but it was too easy to be like a nice treat him watching playoff games and you're talking about guys hitting home runs and Cricket. I have no idea you're saying well and like the Home Run is like not even the terminology and I'm just like calling them here already a cricket snob people off our hours and excuse me, it's not no. No, I'm like the anti crickets knob like my American addled brain is just like oh this guy's going yard and like I watched a guy named Rick ball out of a stadium last night and I have never felt more alive in my life. You know, can I go you gotta watch more Big 12 basketball, I guess. Yeah. Clearly. I don't know like where the Dead. Ends about my excitement for Cricket and like my actual level of excitement for Cricket begins, but I can't I can't really figure that out yet. I think I've like gone too deep into the Wormhole of it being like something of a bit and now I'm just like on the other side and I just like kind of love Cricket. Now, this is your personal Westworld like you don't know where the song ends the simulation ends in real life begins or lost. Yeah. This is where I'm at and I've picked up the Indian national team the Indian cricket team as my favorite team because the Australians are kind of snooty and snobby not that was quick quick scouting assessment. You took your basketball teachings and applied that within again two or three viewings. Yeah. Yeah, it's great and like the cricket announcers will be the last point. I have faith like the cricket announcers will get so much angrier when a guy does well and then like gets out versus like when he just like gets out. So like there was a guy who gave birth Like over a hundred runs, which is like basically scoring like Fifty points in an NBA game, right? This guy gets a hundred runs and he gets out and there's like, oh this was a terrible wouldn't put an awful game. It's just like what are you kidding me? This was amazing. This was super fun or what are we watching? We watching the same thing, which is the same channel. Yeah. Yep. It's just bizarre like the the whole of the whole of cricket announcing and like Cricket is a sport is a different world to me that I'm very interested to continue to dive into off. Another world that I want to dive into is the world of Kevin Porter, huh?.