23 Burst results for "Linder"
"linder" Discussed on WTOP
"Train derailed near Bruno island, Pittsburgh, Pennsylvania, KDKA TV reporter, Lauren linder, has the details. The spokesperson for the railroad company tells me that it involved 5 empty steel cars. We could see tank cars that typically carry hazardous materials, attached to the train, but didn't derail the Norfolk Southern spokesperson would not confirm this information. I did reach out to the NTSB and they tell me they do not plan to investigate this incident and at this time do not plan to also investigate it as a part of this special investigation into Norfolk Southern safety practices. The Department of Justice has filed a lawsuit against Norfolk Southern over the environmental damaged damage rather caused by the derailment in east Palestine, Ohio, in early February, the town is about an hour away from Saturday's derailment. A transgender woman wins the Australian women's golf classic in New South Wales and is now the center of controversy. 42 year old golfer Brianna Gil won the event last Sunday. She's played at the she's played on the tour for 8 years and it was her first professional title. Since the win, she's received numerous death threats and hate messages on social media in his deleted her Twitter and Instagram accounts. The W PGA Tour has also made their Twitter account private after a positive comment on the win. Chief Karen lung says Gil met all of the policy requirements for transgender athlete participation in her participation had never caused a problem with other members of the organization. Coming up after traffic and whether the last surviving prosecutor at the Nuremberg trials has died at the age of a 103. Ten 36. That's the sound of knowing you've got a free ride home guaranteed. If you like carpooling or van pool, but worry about getting stuck at the office. Relax, with commuter
Bitcoin Magazine Podcast
"linder" Discussed on Bitcoin Magazine Podcast
"Back to another episode of fed watch. My name is Ansel linder. I'm here with my co host CK. CK holding it down. What is up everyone? Chili Nashville. How are you doing? It is cold. House Florida. It was a little foggy and chilly this morning here too, but it's warmed up already. So it's T-shirt weather I assume. Yep. I could get away with sandals for sure. Man. It is cold and dangerous. It's kind of icy out, like when you walk around, you see twigs that are enveloped in ice, but just yesterday morning I was walking down my outside stairs and I almost wiped out on the steps. So that's super, super icy, super, super dangerous. I hope everyone across the globe, wherever it's cold, you know, staying safe out there. There's a lot of cold temperatures, even in some areas that doesn't usually get very cold. Yeah, you guys are in that freezing rain band that kind of goes across the middle of the country where you don't get much snow, but you get quite a bit of ice. Oh yeah, no, you know, as a new Tennessee and something you got to watch out for for sure. But speaking of watching out, fed watch, we are here to watch out for what central banker malarkey, what craziness that are up to and make sure that our listeners are up to date with everything that's happening in macro and taking into account Bitcoin, which is in our opinion the most important up and coming force within macro is Bitcoin and that's something that most macro shows have yet to concede. They still think Bitcoin is this toy thing, whereas Bitcoin is very, very serious, and we take it very seriously here, along with all other macro at fed watch. Oh yeah, you've been starting to hear that from a lot of people. I saw a finance minister in recently saying that, you know, Bitcoin has the opportunity to really upend the system. Of course, the ECB thinks that Bitcoin is the devil. They all hate Bitcoin because they know the threat that Bitcoin poses, but they haven't quite admitted that to the world yet. Well, you know, everyone out here watching us live.
Bitcoin Magazine Podcast
"linder" Discussed on Bitcoin Magazine Podcast
"Welcome back to another episode of fed watch. My name is Ansel linder, and I'm here with my good friend and co host CK. How are you doing CK back from your long trip? How are you doing? Finally back. I missed you, man. Mister show. Yeah, missed having you on, but Nolan did an excellent job filling in for you while you were off there traveling the world. So yeah. Are you gonna tell us a little bit about your trip? How was it? Did you get in any trouble? You didn't need two spicy food. What's going on? Yeah, man. I'm looking at my wounds a little bit, a little tired, a little under the weather. I got a canker sore from all the from all the spicy food that I was eating. So look at my wounds a little bit, but overall, you know, I made it. I landed back in Nashville, and very next day I'm here with you, and then talk macro. And yeah, huge shout out to Nolan. I personally think no one is one of the best analysts out there. And I feel blessed that Bitcoin magazine is graced with both you Ansel and Dolan, as really good, really good analysts. And really interesting hyper Bitcoin organization thinkers. So that's the kind of signal that we like to bring here to Bitcoin magazine, and we are very blessed to have both you and Nolan. I want to give a shout out to Bitcoin magazine. I got my four Bitcoin magazines, and I am so excited later today. I'm going to get my hands on the newest issue, the broke issue. In it, we call out the bankers. We call out sandbank and free. We call it the media. And we talk about how Fiat is going broke and why we need Bitcoin. So that's a big part of what we talk about on this show, fed watch. But yeah, India ultimately, I got to say the most impressive thing to me, the beauty, the color of the food is all amazing.
Bloomberg Radio New York
"linder" Discussed on Bloomberg Radio New York
"Finance major Christian linder so we'll be bringing you all of the latest from that interview coming up in just a moment but let's turn to the markets We had been expecting European sharers to open up and that is the case the aristocracy 600 starting the day off by half of 1% the FTSE up by 1.06% the cac in Paris up by 6 tenths of 1% the Dax up by 7 tenths of 1% positive two on the Spanish markets on the ibex up by two thirds of 1% If we take a look at the sectors and the stock 600 and see how things are moving at the start of the day we are seeing almost every sector in positive territory basic resources leading the gains up 1.35% technology shares though among the lags just dipping slightly into negative territory So we've got most of the shares starting the day at positive territory at the start of trading We'll just look ahead to Wall Street futures as well S&P 500 E minis up by half of one percentage is options expiration day so plenty of volatility expected in the U.S. later Let's turn first to the stocks that we've got to watch this morning Bloomberg's sagarika Jason garni joins us in our London studio Good morning sagarika great to have you with us You've been looking at the Swiss luxury group rishma famous of course for Cartier jewelry among other things they're reporting a profit that's more than doubled Good morning Stephen Happy to be here Richmond yes of course which is the maker of cartage as you said It again posted solid growth in profit The luxury goods industry generally had been outperforming so far as of course rich consumers kept splurging as a more insulated from the effect of the lockdowns Earlier this week burberry said profitability had reached the highest level in 8 years as well but the stock is under pressure today as the company has forecast a rocky market from here on Due to the challenges including the war in Ukraine of course recent lockdowns in China as well as rampant inflation So it looks like the industry is outperforming might be outperformance might be starting to come under pressure Interesting one to watch given that it's one of those sectors that has been of course very exposed to China as you said Let's turn next to some M and a and use the British entrepreneur Nick candy considering an offer to acquire the UK online rehab retailer THT ATG is turning out to be really interesting this morning because as you said British entrepreneur Nick candy has announced that he's considering an offer for the UK online retailer But at the same time THC also said it rejected a rival bid from a UK ecommerce investor valerian as well as U.S. hedge fund king street capital management That offer had valued the company at 2.1 billion pounds The stock is down about 3.8% so far at the open Candy's terms are not yet known that could probably be why And also the statement said it's not certain at this stage whether an offer would materialize Interesting one to watch So the other sector that you're looking at today is European cybersecurity stocks dark trace NCC atos could be active Why is that That's right So all three companies are looking a bit higher this morning The U.S. from polo auto reported solid results last night after the U.S. market closed Palo Alto shares jumped as much as 12% after its profit beat estimates Its U.S. pairs also rose aftermarket and therefore doctrines NCC and ethos are up for good gains today Interesting things to watch as well Okay it's like a Ricky Jason Gandhi Thank you very much for joining us for those stocks to watch Good morning Anna Good morning Stephen I apologize for being late for this hour For good reason For good reason we were just hearing on Bloomberg TV from the German finance minister speaking to our colleague at Maria todayo in Bonn talking about the challenges that face the G 7 talking about relationships with Russia money to be provided to Ukraine and also talking about how governments should do what they can about inflation but adopt a neutral fiscal stance which I thought was interesting Some thoughts that we will no doubt return to later on in the program For the moment though let's get to our top stories this morning here's Bloomberg's.
"linder" Discussed on Thoth-Hermes Podcast
"Its name to the whole cd by krister. Linder sunday is.
"linder" Discussed on Podcast RadioViajera
"Mightily necessarily if there is familiar gamaa e notice eventually issuing fanfare but or see almost famous in dr conservatory after that are medical studies nor laurel. You got your size before a therapist populism onell it's illegal buckle local mentha august people seen. It must a mini golf superstar deborah On by dama lobbied eh. Pechiney polka mahala. Devia see people not so you're at her death during franco's your yesterday's days percocet here nurse dovan reliable here as we know intercity only north into a controversial says that door. No passarella. Tom morello careers. Amigos marks by taylor or mark up about the usa for premier caucus dwindle correct petty stickle acidic gallardo. These things they didn't delman takeo pantano narozhilenko but dinners the settled canal for care mclean ticket ego one. There's languish each copa frothy mariana. Listen padova diller comical kevin feeder. Yeah he one. St robots mass is tough arias. Mass de niro this sunday. This choreography predetermined deborah shopper. Gera did settled. Yes don't i can feel. I have been told max linder. Canine heroes mccain for talking in nature. The cloudy we got him. Vocal excess fits as toubon through ally. You know so. You almost immediately intersects interstate. Domino within roadshow. Forgive me know within the last three potato salad yes get out. The whole company is torah persona neon. A labonte get up a little personality deepali to allow best than ron content up stunt here if we tablets ordered its penis cafe salamis more yes stars. Cassie united gallon vic chaplain to we hold on. O'connell western it's luther proponent in the rink not ring mclean been a lot of us you not know iso rink concha gave him moselle max. Linder dando essay batstone. They will not follow me. But i see the localities. This post deputy procacci fina eat those that people are chaplain. Mclean said i not go now are will know from fiona. Do we don't get that. And then we'll partic- but no though allegations yeah in nova committee then last cabriolets guy. That's that's basically and in pocono stella but nia then they'll give him the people tortoise values don't know maybe these things either makia the table. Nafeesa nafigulah korea funes gang alaska hamas berea compose to. Maybe repertory over there. We go out. They said him with yes. Belleek less because stand up in the they. When i'm worried got up in the inter alia poker imacs look f- as the ruler offended ed case petty kudo chica pilot probably watching a ps royal. I used to be a little more. Dodgers approve algorithm. The local raised andrey beat. See surveys push by says by salad. Video episode could was going to come publish impre merely he duck gumbo coming on typical police or predictable terada okay. Colorado and either allies thriller the economic arrayed compania. Nice three jackets. Lucky you are in gal. Another pakis adam and read but there is nervousness. Linda initial momentum. Pasarell bring people. I think that's been schizophrenia. Victim and the aldea marks but some in the olympics. Wholesome for you know one almost. I'm you know if he enters the temple. Some reputable there s not go to moscow. Feelers moon aqui. Internals new typical. Kim for prenatal of lawrence for max. Linder linkin sierra commit. I'm wild isolate. You're not going to mitt a strata. They'll but okay. Those congressional number two in bethesda report over tanto. What the knitting meat loaf get roussel. You can say become A third he is the likud last number. Espn skittish copiers. Let's continue shall we. Scu bob air. Max linder ecuador personality. Kate norby out of persona active in diva eastbound. Spent that you're going max. Linder see jabalya exploitation lindor deniger enthusiast up. And if you pretty early goes to watch the notre classical ba- think stop simply. What if the max linder has so get up. An answer starring we'll talk about a labyrinth immature system. Ambient lost department does the marketing the losses studios or the last companies in italy by feet up a number of the actors although i do stress labyrinth of i feed via uproar terror. Dicara foods procure extortion. Flavia truth any selena to hookah thoroughness ligament local speaker. Luckily we cascadia beginning at any call for everything affect our own. Crucial inactive relies or allah measure elorza dirani on campus. The hindle Vedic unista doc- blow max bec- demar la kina mocks motel. Wanna push max ethic. Get picot amend the chinese would real referendum. there is either. We're not be on. But i know it's not about mutual barbed who need us. I'm gonna. do but if gave capterra latin.
"linder" Discussed on Bitcoin Audible
"One hundred x.'s. Well then you're basically ninety nine percent allocated or backed by bitcoin because just the has increased in value. So much did it has just dwarfed everything else that you've done and in the context of wealth transfer this could happen another tenfold. This could happen to five hundred thousand dollars per bitcoin a million dollars per bitcoin and we'll be looking at a four year five year. Time line for those sorts of prices and when that happens that feedback loop is powerful. And how much again you get back to the very nature of a monetary good of scarcity and value in general. Those axiomatic truths is the to hold value in one thing is explicitly at the cost of another thing that you could hold value in. There will be a tipping point where everydollar increase in the value of. Bitcoin represents it's so the volume and it security and it's saturated it's degree of saturation into the economy. Become so prevalent that every dollar increase in bitcoin value represents a one sat decrease or one hundred sat decrease in the value of the dollar. Did they become nearly one to and when that happens when you get to that point where you can see. Essentially the purchasing power of one go up almost equivalent to the purchasing power of another falling. That's when everything accelerates that's when is centrally. Any amount of capacity federal reserve had to manipulate interest. Rates is out the window because they don't hold any value they don't hold any privilege of the very asset that they can create which is just paper currency. You will literally just see them lose their power through the inability to purchase anything to purchase the reserve like the backing of any bank to purchase the influence of anything. If they don't have bitcoin they're simply not relevant. And i've gone on pretty pretty long. We live in this one. But it's just a. It's just a really interesting idea because this would actually this would save the us economy and in the end it would actually be the only thing that actually saved the parasite class back to the analogy. And what i was talking about is the the parasite and the cancer. Everybody in that that institution in that. That subset of the economy's gonna start fighting each other because they're running out of excess resources to feed themselves with and then as you see the actual international community getting away from the dollar standard as well that's only going to accelerate and they're going to be desperate to survive the only way to do that is to heal the organism east actually recreate the productive capital that gives those institutions any power at all. Because there's actually wealth to steal in the first place saving. The american economy will be the only option. Ann's will only be able to do that through. We might actually be able to do that on an individual level. This is why the goal of the mission is to get as many individuals onto. Bitcoin is possible to get as many retirement accounts one percent allocated because this is the asymmetric bet. This is the idea of if we can. If we can save as much capital we can secure it outside of the blood flow. That's feeding the cancer as much as possible before really the entire. You know the heart of that. That system shuts down we can actually save. We can actually save the country. You can save the real part of the country. The real productive enterprise. The real the small businesses that have been ab- absolutely obliterated in two thousand twenty and twenty twenty one is that we can actually revive the entrepreneurial class ann's and and actually build something back actually. Oh god build back better now. We can never say that. That is never what we are going to call it but we can actually repair this whole thing and secure the the communication of that economy. The.
"linder" Discussed on Bitcoin Audible
"Today we've eaten up all of our crop all of our productivity with broken down our tractor in order to use the parts for something else so that it gets markdown. Consumption rather than some saved capital that we park in You know park in a bar until the next season and then we have now gotten down. And we're we're eating. All of our seeds directly to get the highest possible consumption rates right this instant but we have robbed our future of any chance at all of growing and cultivating cops crops. Because we've got no seed. We've got no tractor. We broke down the barn to consume it. We we've literally just consumed every bit of the capital that we could possibly get or that. We had to begin with in order to get the appearance of consumption as high as possible and this is actually deeply tied to the dollar monetary system. This is why when our whole goal is to export the dollar. We're able to what we end up. Doing is exporting our industry. We we essentially price ourselves out of all of the actual productive capacity all of the manufacturing. All the real grit of the economy and we outsource it. We outsource it to everyone who will take our paper instead of our actual productivity. This is why when we talk about the in. The context of bitcoin people talk about you know the big wealth transfer being great for bitcoin irs or it's evil and is going to soak all the resources out of the economy etcetera etcetera. The wealth transfer is actually a crucial part of this. The wealth transfer has to happen because the value of the debt is going to get obliterated either way it's already worthless the point is is that we're we're still just trying to prop it up with continuous lies with with with additional fudging or cooking the books of the monetary system to make it appear as if it's still worth something but the question is going back to the original thing i brought up is the difference between the political system the cancer of the economy that has grown this giant bloated parasite or the organism itself. The question is will the political apparatus..
"linder" Discussed on Bitcoin Audible
"Owed bag you will infinitely owe more money than actually exists because you've only issued the debt not the interest that needs to be paid back on it so what is owed is always more than what exists. That's why you get into this loop of always having to create more loans and having to constantly manipulate the interest rate further and further down to actually keep this scam going so after you've eliminated those projects of the things that would really impact your life those Or in the context of a country things that would really update the infrastructure. Fundamentally change the speed in ability to communicate in iraq and trade and all his great series projects then. Now you're getting into those maybe we'll do it projects or it could be useful. I don't know let's just throw the dart at something and see what happens. And then you go you you get all those like second layer and thirdly layer projects you invest in all those because you just need a place to put all the debt and you've got you know one out of ten at least will turn out productive and pay for the interest on all the other ones and help you. Recycle the last The last cycle of debt or the last Pay off the loans that led you to needing the loans to do the next productive thing you go even further you go into the next decade you go into the next. The fourth the fifth sixth series of the debt cycle. And you should start having to make up shit to do. And what's worst about this in the context of that is that your specifically stealing from the future debt is explicitly the choice to use up resources today for a project. This should be able to produce more resources into future. But you were. You were explicitly doing it at the cost of the resources. You're going to have tomorrow so it's important that it is that first round of really important fundamentally more productive in crucial things in.
"linder" Discussed on Bitcoin Audible
"Bitcoin and the big one price continues to rise dramatically in part aided by the bank's holding more of it. Bitcoin will become a large portion of their balance sheets. This will either force the us government to buy bitcoin or simply regulated and defer to banks holding bitcoin along with the bank's holding a lot of bitcoin. The us would have to make bitcoin. Legal tender and support the formation of some sort of bank centered layer to like federated side chain. This side chain might resemble block streams liquid the dollar would be the denomination of perhaps one hundred soto. She's within that side chain. This would give banks the ability to extend credit to a minimum degree according to the federation policies while enabling maximum transparency thereby addressing the common criticism against the fixed supply. Bitcoin not solving for the fixed supply. That doesn't need solving. But enabling some form of elasticity this process would entail a drastic weakening of the federal reserve and a return to a somewhat forgotten era in the us where banks not central banks. Were ascendant the as the us. Rediscovers it's populist. And non interventionist passed. It will also redefine its monetary system in line with the past as well this time around bitcoin right. That closes out ansel's piece on bitcoin magazine. really quick. Let's at our sponsor and we will jump into guys take on this piece. Do you have bitcoin savings man. You better have a hardware wallet and this isn't even like an ad is an ad. But i'm i'm one hundred percent serious. You need to get a bit box or really any hardware wallet anyth- any that you can securely hold your keys on but the big box is the optimus prime here because it checks all the right boxes. It's open source. It's got support for all your favorite wallets. Their desktop app is super straightforward setting up. The device is easy and intuitive. And i've said this a lot. This is a big deal for not making mistakes win. You set this thing up and do your backup. It's simple enough for those. Who are kind of taking their first foray into holding their keys and has got the advance things that a serious long-term bitcoin or wants to explore like connecting your own no tour support the address formats etc. If you have not taken this step yet do not let it get away from.
"linder" Discussed on Bitcoin Audible
"Marginal revenue product of debt in economics. There is the idea of diminishing marginal returns applied to credit. We often see this as the marginal revenue product of debt in other words. How much growth do we get from each new dollar in debt. Early debt is highly productive use to finance projects with the biggest bang for their buck while later debt is relatively unproductive for a third world country. That hasn't had access to cheap credit and security in. Its entire history joining the globalized economy. Meant there was a lot of low hanging fruit like infrastructure of roads rail electricity and communication. That yielded great. Initial productivity gains developed economies had a similar route but all countries are now running out of productive uses of new debt as countries become saturated with debt growth slows and even reverses financial tools like quantitative easing have been tried and failed to revitalize previous growth rates. You can't save a debt. Ridden system by adding more debt. The worldwide credit binge is coming to an end. The most famous example is japan but the pattern can be seen in the ever slowing european growth rate and less recently in china. China is the last great economy to hit the growth wall. The end of the eurodollar system is not a voluntary process. It can no longer add productive debt and support its own weight. Not only does every dollar in new debt. Only create twenty five cent or so of economic growth. But everyone knows it that knowledge creates a hesitant atmosphere which depresses credit growth and endangers the ability for the economy to repay principal and interest even with a zero interest rate policy. The system is extremely fragile turning inward and the route to bitcoin. It is near heresy. To say globalization is not a natural state of affairs after all it should be self evident that free markets will tend to enhance trade and the That's true but modern globalization is the result of the largest subsidy in world.
"linder" Discussed on Bitcoin Audible
"When leaders from around the world were meeting at bretton-woods the us was responsible for fifty percent of the global gdp. An entire half of the world's economy and probably a greater percentage of the world's accumulated capital. Bretton woods did not expand the united states share. It caused it to drop. A common rebuttal is world war two destroyed much of the european economies. So that's why the us was so dominant at the time that is true but it's part of the geopolitical reality. Europe is prone to wars and creating and accumulating capital long-term is more difficult than compared to the us by nineteen sixty in the early days of the euro dollar the reserve currency status of the dollar was already disproportionately benefiting the rest of the world. The us share of gdp had dropped from fifty percent to forty percent by nineteen eighty only thirty five years. After brenton wood's the dollar as reserve currency had cut the united states share of global. Gdp in half down to twenty five percent. It has never recovered geographic economics. There are two main reasons for the relative wealth and power of the united states and they are geographic and political not due to the dollar geographically. The us has natural resources in abundance a collection of the best natural harbours in the world on the two important oceans the largest contiguous and highest quality farmland more navigable rivers than the rest of the world combined and borders. Which are extremely cheap to defend. It would take the worst government on earth to mess that up but instead of communism politically the. Us has the strongest constitutional tradition in the world. A bill of rights and they level of state an individual autonomy that has for the most part restrained government overreach and abuse when looking impartially at the geographic and political setting of the us relative to other countries of the world. It is not surprising that it is the dominant economy. It is quite destined to be so. In contrast there are many countries and regions of the world that remained undeveloped until the last fifty years despite them having a much longer history of civilization and exposure to global trade than the us the euro dollar expansion made these previously uneconomic corners of the world. Suddenly economic to develop new technology played a role for sure but the game changers were artificially cheap credit a liberal trade order in which they could securely and fairly sell their exports and free security against their neighbors. The global reserve status of the dollar is a critical part of the globalised order described above. Some have said that the us military is the ultimate backing of the dollar and there is some truth to that. The dollar and the military are synergistic and maintaining global peace and trade in decades past the alternative to picking. The dollar had nothing to do with throwing off the imperialistic. Shackles of us oppression. The alternative was existence outside the globalization umbrella meaning much lower economic growth more regional war and oppression by neighbors. If you withdraw the us subsidy of globalization and the euro dollar many areas will once again become uneconomic and the cost of regional conflicts will be directly born by the countries themselves.
"linder" Discussed on Bitcoin Audible
"Fda eurodollars elasticity was the right hand of the dollar open access to most of the world's markets was the left countries being secure from regional wars and their goods having access to almost all markets is a historical anomaly prior to the middle of the nineteenth century integrated markets as we know them today did not exist and until world war. Two international trade was concentrated to a few goods in trading partners within networks of colonial possessions. The post world war two era which introduced international institutions like the un wto and nato was paid for by the us this us subsidy in the form of a security and trade umbrella enabled the global economy to grow like never before many people get this dynamic wrong. They see us involvement throughout the decades in korea and vietnam then central america than iraq libya and afghanistan as u. s. imperialism instead of it primarily benefiting others in the security umbrella the us military was expanding influence and control over these particular areas of operation. Not for the sake of. Us empire but to maintain an international system. Which favoured others the pax americana was about avoiding incidents like sarajevo in nineteen fourteen or poland in nineteen thirty nine. This is not excuse. Us atrocities and immoral behavior but it is important to realize the us was not the major beneficiary who was hurt most by the global wars in the twentieth century. Not the us in fact the period since world war two supposedly. The era of the us empire was marked by the hollowing out of the us economy and huge us trade deficits as the rest of the world flourished using eurodollars reserve currency as a burden. The united states is relatively new creation. It didn't reach its continental boundaries until after the mexican american war of eighteen forty eight. What followed was two decades of internal political restructuring and intercontinental infrastructure building culminating in eighteen sixty nine with the completion of the intercontinental railroad. From that point it took two more decades for the us to become the largest economy in the world long before the world of the twentieth century. Indeed by nineteen fourteen. Us gdp was twice the size of the second largest economy and roughly twenty percent of global gdp. I give these numbers to show the. Us's position prior to the federal reserve and prior to having the global reserve currency it was already dominant and expanding its lead. The reason for this dominance is not due to the us dollar as a reserve currency.
"linder" Discussed on Bitcoin Audible
"A commodity backed money is either fully backed or not there is a measure of the commodity in a vault somewhere and an objective ratio of currency to backing that shows debasement but a credit based fiat has nothing to distinguish a dollar created by a bank in the united states from one created by banken say singapore. The dollar system had its roots in the late nineteen fifties and grew with the insatiable demand for dollars that trade deficits couldn't meet by nineteen seventy the offshore eurodollar supply held by central banks was larger than the official overseas dollar supply. See the chart above. This emerging financial system was completely missed in the early days because it didn't fit into economists models. The euro dollar system remained unstudied for years with only a few brave economists risking their careers to look into things that didn't fit into the reigning models by twenty twenty the bank for international settlements or b. I is estimated there to be twelve point. Seven trillion dollars in measurable usd denominated debt originated and held outside the united states. However this is only a small piece because it doesn't consider derivatives chain of custody currency swaps or other shadow products making the effective some many times higher. That's why it's called shadow banking. We don't know the.
"linder" Discussed on KTRH
"Use some extra caution. If you are in the area I'm Zach Babin, The ktrh Gulf Coast windows dot com 24 Hour traffic center. Tropical storm warnings in hurricane watches along the southeast Texas coast. The rest of us under a tropical storm watch primary concern heavy rain today through tonight and tomorrow but also those gusty winds and the water level rise along the coast. The storm surge 2 to 4 FT. Above normal tides, including in Galveston Bay, I'm meteorologist Terry Smith. Brother Weather Channel right now. Cloudy 73 the case here age top Tax defenders 24 Hour Weather Center. It's 11 1. Our top story as you heard. Fort Bend and Coastal counties are under a tropical storm warning this morning, the city of Houston under a tropical storm watch as well as the storm. Tropical Storm Nicholas could become a hurricane before making landfall tonight. Jeff Linder, with the Harris County Flood Control District, told Houston's morning news. This will not have this will not hang around, though for days. We're really looking at a period of time from you know, this morning and really later this afternoon this evening through tomorrow and then the storm pushing on off to our East tomorrow afternoon and tomorrow evening, so really kind of a 24 hour period. But during that 24 hour period, it could be certainly pretty rough. Your And Galveston County Judge Mark Henry joined Jimmy and Sharon said there are still a lot of questions about the storm. They know what's going to be a lot of rain, but they cannot really pinpoint exactly where it's going to fall. So he really just want people to pay attention. The good news that no one is really forecasting a loss of power. We have a complete list of school closings at Katie rage dot com Governor Greg Abbott in Houston today to sign Senate Bill six for bail reform, and he is also getting the state's resources ready for the arrival of Tropical Storm Nicholas have spoken to the Harris County judge as well as kind judges up and down the entire Gulf Coast to make sure that we're working collaboratively to make sure that at the local level We will be prepared for whatever the storm may bring it up, and that local level would include Fort Bend County, where Judge K P. George is worried about Nicholas because forecasters cannot say exactly where the heaviest rain will fall. At this point in Portland County. That is a concern because we have a Very flattering, and that is absolutely a concern for our office of emergency management and.
Happy Mum Happy Baby
"linder" Discussed on Happy Mum Happy Baby
"Carry out all parenting duties but for you. It's another and i know you would have to do that. All the time throughout life with your traveling and stuff as well. You're having to assess those roles and adopt them and see how you can how you can make them work. You know the riot with that. I think is something that i've just taken on board naturally from years of experience but one of my biggest fears were always could be a good father in all the ways that able bodied person would be a good father would want my child. Enjoy playing sports with me. Because i can't play football standing up or would i be able to go for walks in the park. We boiler or if if linder is an hair. How would i cope with him on my own and now was always really worried and each day. I kind of push myself. The first time i went out with the with the go sleeping on my own boiler i was..
Between The Lines
China steps up threats to reclaim Taiwan
"China's rise as a great power it showing more and more attention towards reclaiming territory that long regarded as its own witness. Beijing's conduct in the south china sea. The east china sea hong kong the himalayan border with india. And of course. Taiwan fifteen chinese planes were detected flying into taiwan southwest air defense identification zone or on sunday taiwan's ministry of national defense said sunday's incursion involved twelve fighter jets to anti-submarine aircraft and reconnaissance plane. This comes less than twenty four hours. After the people's liberation army air force flew thirteen combat aircraft including chinese bomber planes capable of carrying nuclear weapons into the same region that was from the south korean english language. Every rung account of china's recent intimidation of the lovely liberal democracy of nearly twenty four million people. now one of my guest today has warned the australian defence department. Beijing is highly likely to attempt to take over taiwan using all means short of war as early as twenty. Twenty four ponder that a chinese takeover of taiwan by twenty twenty four. Linda jacobson is the specialist who delivered this assessment to the morrison government. A few months ago linder is founding director and deputy chair of china matters and she joins us from finland. Hello linda welcome back to between the lines. Thank you for having me again. Tom and joining us in sydney. Is natasha qassam. A research fellow at the low institute by the natasha. Thanks for having me tom now. Linda recently published. China matter explores policy brief. Summarize succinctly or faces tom. We've been talking for a long time. That taiwan is possibly explosive issue in our region. I'm saying it again now. Because the president xi jinping has made it clear that contrary to his predecessors he does not think we can leave the unresolved political status of taiwan to future generations. He wants to see movement towards what the chinese say reunification of the mainland and taiwan during his lifetime. That's the first point. The second one is that as of late. Probably because of some of the recent events which you alluded to among others the pfc's actions in hong kong. There's been a lot of talk of war of outright military conflict between taiwan and the pfc. I think these media reports have the problem into the wrong perspective. I think it is unlikely that we will see outright war over taiwan's future but we are very likely to see beijing making a move which is a protractive extensive intensive campaign of pressure using all means short of war to bring the taiwanese political leadership to its knees and agree to negotiate nothing more without preconditions taiwanese leadership has already said they will negotiate. But the pfc wants to negotiate on the basis that there is only one china in other words in negotiations have to end in some sort of agreement about unification so that's in a nutshell is what the policy brief argues. We should appear for this kind of extensive intensive pressure campaign using all means short of a case. i'm not. She heard linda's assessment. There of the chinese threat to taiwan china's military invasion of taiwan's unlikely. Highly unlikely so expect by gene to launch a step by step coercion of taiwan using all main short of war to force taiwan's latest into negotiations to etc unification natasha. What's your response. I'm inclined to agree with linda that this kind of phased coercion with many policy measures that china can easily scale up is the most likely scenario are and we can already see that happening. We can already see china attempting to launch multiple cyber attacks in taiwan to economically co west taiwan to try to put pressure intensive media coverage and even to infiltrate some of those local level groups to try to tan politics in a different way in taiwan. All these measures today have been relatively unsuccessful. China made it very clear that they wa against the current president citing win and that they were going to punish the taiwanese for her. These kinds of measures only encouraged the taiwanese people the vast majority of which do not want to be a part of china to turn out in support and fight to when last year. And at the same time we've also seen the country really come together during this covid nineteen pandemic and we've seen a really incredible of trust in institutions and in that democratic system of government. In a way that perhaps we haven't seen in other countries so i'm inclined to agree with these being the right measures but on the other hand i would say that the military option very much remains on the table not perhaps in the short term but from china's the incredible buildup of the people's liberation army that we've seen over the past decade has very much been directed at a potential taiwan
"linder" Discussed on 790 KABC
"Continues to grow, the Census Bureau says the rate of growth has now slowed for five years in a row. Coming up in half an hour apartment rents are falling. But what about rents for single family homes? Steven back to you? Thanks Bill on right now Investing While you're still young, really young, all across the country. Millennial real estate investors are building up portfolio. It's big enough and lucrative enough. That they could all retire early. That is, if they ever retire at all. So right now, let's talk to a millennial investor about how to get started on that path. Joining us now is Kristin Smith. Real Tour with Dave Perry Miller and Associates in Dallas and 2016 30 under 30 honoree by N. A. Are Kristen. Welcome back to real estate today. Thank you so much. It's great to be back. We are delighted You're here. So, Kristin, as we know your goal was 20 by 40 20 investment properties By the time you turned 40 so How you doing? I'm doing great. I think I'm on track Last year. 2020 was a great year despite everything many opportunities were presented. And so how many properties do you have now? If of course, you know and actually is getting a little fuzzy. So I kind of know what you mean By that I was able To purchase quite a few this past year. And so I think I'm at about 17 or 18 right now. Okay, let's do the math. Your goal was 20 by 40. And now you have about 17. And if you don't mind me asking how old are you? I am 33. That's something I have trouble remembering for sure. So you're going to hit your goal weight before the age of 40? I think so. Oh, well, congratulations. I think that is just plain Awesome. Thank you. I really do appreciate that. It means a lot really credited to discipline more than anything, really the discipline to not spend your profits and to invest it into the next deal. That is great advice, and I'd like to get some more advice from you, Kristen. Especially for young people, or really people of any age who want to invest in real estate. Many people don't know how to get started. What would you tell them? I would be. The first thing to get started is to gather as much knowledge as you can. When I say gather knowledge that could be anything from reading recommended real estate books, tax books, getting in touch with the Realtor who will then put you in touch with the great Linder, who could explain the process in Help you draw up an actionable plan to actually achieve whatever your goals may be. I think that helps a lot because along your journey, you're gonna add several different Team members, such as other wonders, maybe hard money, lenders or portfolio lenders that will help you get to where you want to go and hard money lenders. We should explain to people who might not know Are lenders, but they're not traditional banks. They're not traditional credit unions correct. That is correct. It's typically private money. And so the interest rates are going to be a little bit higher 8 to 14%, and that could scare a lot of people, But you can kind of figure out if it still makes sense. I think there's several deals that still makes sense. Even with the hard money alone at 8 to 14%. Then comes the bigger question. Can I find a tenant? How do you do that, Kristin? Yes, you could absolutely find a tenant. Often times. You are to use a realtor to help find your investment properties. You can also use them to list your property for release as well. Which will get you the most exposure possible. The next thing down the road. What if I have a vacancy? Am I in big trouble? You know, that is a very good question. I think it's one that comes up very often. And I think it's something that is used almost as a fear tactic to keep people out of Purchasing rental properties just because you have a vacancy. It's not the end of the world. I tell people all the time you make just as much money in appreciation as you do, and red if you're buying in the right areas, So, Kristen one last question for you. You have been investing in real estate for years, and you're still very young. So the big question Why do you do it? I do it because I want financial freedom. It's not that I want to retire. It's that I want to be able to do what I want with my life when I want you. I don't think that there's anything that can replace the feeling of financial freedom and really being completely in charge of your schedule. Your life and No stress. I think that is really what drives me to do what I do Well, as they say, Get your advice from the people who are successful. That what you want to do? Which is why we turn to you again and again, Kristen, Thank you so much for joining us on the show today. Thank you so much for having me. I can't thank you enough for always having me on here. It's always a pleasure chatting with you, Stephen. You are so welcome. The pleasure is all ours. Kristin Smith Real tour with Dave Perry Miller and Associates in Dallas. And a 2016 30 under 30 honoree by and they are coming up on real estate today. How did successful real estate investors? Get started fixed it up myself. I read it it out, and that's when.
Houston - Drenching Rain From Now Tropical Depression Beta As It Stalls Over Texas Coast
"Tropical Storm Beta has been downgraded to a tropical depression after making landfall last night along the Texas coast. Heavy rain continues today with some flooding in the Houston area. We're going T to see these fans move in from the Gulf of Mexico. Unfortunately, there's just very little letup coming from these bands, and that's going to result in continued very heavy rain over areas that have already had a lot of right overnight. Harris County Flood Control District meteorologist Jeff Linder says the storm has stalled, leading to significant rainfall totals. Houston police Chief Art Escovedo says the city is prepared right now we're seeing are typical airs are flooding the typical roadways that are going prone to flood. We actually pre positioned barricades in those locations and been able to close down Fort Bend County Emergency management coordinator Alan Spears says things there are starting to clear off roadways remains Very clear way have what one little issue on highway 59 in the penalty area. He says the drainage system will drain the water. Justus fast is it flooded and is asking residents to remain patient and not to drive in high
Uncontrolled Airspace: General Aviation Podcast
Live Missile Found at LAL
"So what's the fun? An unexploded bomb at Lakeland airport influence is where son and finance look. That's what the news report says. Okay, exactly an unexploded bomb but live missile alive missile could be better or worse than an unexploded Bob depending on you know what they mean by live missile. Now, this story that we saw kind of goes out of its way to say it serious but not crazy dangerous. and. Right. So who would a jeb you? This story is yeah. First of all, this is from the Tampa Bay. Times. On August seventeen and There's in addition to, of course, Sunan Fund our other businesses and and concerns at Lakeland Linder Airport in where Senate, funding occurs each used to occur each year. So one of the businesses at that airport is a defense contractor. and. This defense contractor discovered invented had taken delivery of what is being called a live missile. Basically the quote from the company says in the process evaluating shipments to drake. International, Lakeland facility our team discovered an object with questionable markings. There's a quest, there's upset title for you. Indicated getting maybe explosive adhering to the explosive safety rule of exposing the minimum number of people for the minimum amount of time to potential explosive has it. We got the hell out. No, that's not what it says. It says we made the decision to evacuate the facility, inform our surrounding tenants and contact the appropriate authorities soon as possible. Apparently. This was a missile with an unexploded were alive warhead. It's unclear whether it was. You know solid fuel and ready to ready to be fired. There's all kinds of other questions that could be asked here there's a picture. Of. Understand what that picture is go ahead swept for there's a picture of some men wearing army fatigues, air force for something like that wrestling with this thing, it's about. the size of a small car or maybe a medium size car about that length, and it looks like could be about a meter in diameter. It's on cradle with with cash string wheels, and all this they're trying to me and handle it on the back of this flatbed truck Very interesting. So all kinds of things going on. At lakeland airport when it's not so infantile. Now, a couple of questions here first of all this jurors, what's the? It's Drake Drake Aka a K., and international. And where on the airport grounds is this located relative to the you know the the article the second graph of the article says that they evacuated the whole southeast side of the airport. doper chopper town. Yeah. Okay. Over there. All right. Yeah. Okay. And Jack and international is an aggressor. Squadron. Operation Right for training aired air pilots in combat I see. So it's an what a non-governmental training operation private private contractor and I haven't googled them but there's On old on say Oh, a not a current generation. Saab. Manufactured fighter called the draken. And many of them have found their ways into private hands I. See my say and I suspect that it's named after that type of airplane, right? Okay. And it's so. So. Many questions here. One would think if they were if anybody at draken was expecting alive munition to arrive keep going. They have been watching for it. You Know Sky Order I order A. Box of breakfast cereal from Amazon I put it on my calendar and I got reminders and. I know it's coming right Caution these rice krispies may exploded anytime snap crackle pop man but. So. How is so kind of the question whether or not did they get sent? This was this just sort of a special gift from some friend of drinking I suspect that they bought some surplus. Hardware. Okay from a vendor from maybe a directly from a foreign military. and. This was in the Tim. Yeah. Okay I guess.
Wall Street Breakfast
Morgan Stanley to Buy E-Trade, Linking Wall Street and Main Street
"Most talked about deal of the week. Was Morgan Stanley's thirteen billion dollar. Acquisition of trade which sent the letter shares up twenty one point eight percent on Thursday. It's the biggest takeover by a major American Linder since the two thousand eight financial crisis and highlights continuing trend of Wall Street giant striving to get even bigger the transaction. We'LL GIVE MORGAN STANLEY. A larger share of the online trading market amid zero commissions war in the brokerage industry that is weighed heavily on profit margins.
Does the First Amendment apply to Facebook?
"In the red chair is Jimmy will Jaffer the executive director of the night. I amendment institute it's a group at Columbia University that defends the freedoms of speech and press in the digital age. And just recently they've challenged the way Facebook deals with journalists and scholars and they also bothering Donald Trump Jamea, welcome to Rico deco. Thanks very much. All the things that are doing in. This the reason I went to have you on your there's some interesting stuff you're doing there. So let's talk about how you got there. How did you get there? And how did the night? Explain what the night first amendment institute is. But your first. Okay. Well, so I was a lawyer at the ACLU for fifteen years. I've heard of that. Yeah. Just down the street. When this when this building was Goldman Sachs. I was at the ACLU and. Was just until a couple of years ago man, but I worked at the starting in two thousand and two so soon after nine eleven and mainly at the beginning on national security related cases cases, involving immigration detainees cases involving Guantanamo and then cases involving the Patriot Act and government surveillance and first amendment related questions. And you know, that grew that practice grew it eventually became a formal project at the focused on national security issues, and I ran that project for a few years, and then when I left the ACLU a couple years ago, I was the director of something called the center for democracy, which covered the ACLU the national work on free speech privacy, national security, technology, and international human rights. Obviously, I was not doing all that work myself. A lot of people at the is working with on it. But I was doing that. And then the night first amendment was created at Columbia. It was really. The project lebeau Linder who's the president to Columbia and berto a bargain, who's the president of the knightfoundation, and they had had conversations over many years about the possibility of setting up something like this. And the main the main insight that they had was that the big supreme court precedents from the nineteen sixties and seventies involving free speech were precedence created in an era that looked very very different from the one. We're in right now where the threats to the first amendment were quite different from the ones we're facing right now, and all of the things that raise complicated free speech questions right now, like the privatization of the public square or new surveillance, g search engines, none of these things existed back when the supreme court decided, the Pentagon papers case, New York Times versus Sullivan, or the cases, you know, the big hits from from the sixties and seventies. So they thought we need an institute that will focus on the edge of technology and the edge of the law. These. Questions that new technology is presenting the first amendment. Why did you what interested you in the first amendment in doing this? As a as a lawyer, I became a first amendment lawyer almost incidentally, I was as I said, I kind of national security lawyer, but a lot of the national security cases, I worked on turned out to be first amendment cases. I worked on a lot of transparency cases. In fact, the the the case, I probably spend most time on at the was a freedom of information that case involving interrogation under the Bush administration in that case, we filed in two thousand four it's still rendering information. Yeah, we're trying to get documents about the treatment of prisoners in military CIA custody. And the case was as these kinds of cases, go very successful. One it resulted in the release of what are sometimes called the torture memos the Bush administration's, torture memos. A lot of information about maltreatment of prisoners at Guantanamo. Eventually this CIA. Inspector general report that led to a prosecution criminal investigation by the Obama administration. So it was a relatively successful case. That's the one I spent most of my time on, but I did a lot of other cases involving the exclusion of foreign scholars from the
Monocle 24: Midori House
US pullout from nuclear treaty with Russia also targets China
"And let's stay in China. The rulers of which in between opening long bridges are among those attempting to fatherly consequences of America's threatened withdrawal from the intermediate range nuclear forces treaty which limits American and Russian short and medium range missiles. One possible reason for America's desire to ditch the treaty signed by Ronald Reagan and Mikhail Gorbachev in one thousand nine hundred seven is that it does not cover China, which has been free to keep developing missile forces which the US is not technically at liberty to counter Linda. Does that strike you as the likely reason that America actually wants out of this that they'd not so much worried about Russia or anymore as they are about China? I think that probably increasingly worried about China as well as the fact that the the Trump administration have issued a few statements where they don't think the Russians are necessarily abiding by the tree tea, but certainly b.'s AVI. China, the new superpower, the fact that this treaty doesn't include China means that China developing missiles, especially land-based missiles is something that the Americans I'm conscious do technically, but the Chinese Ken. And so I think that is one of the motivations why the president has threatened to pull out of this treaty. But there's also I think, practical consideration about the US developed be these missiles, especially intermediate range missiles, which are land based where they can put them in the Asian region is another big topic. In other words, there are countries which may not feel comfortable with China, but may not be willing to lend lend their land to the Americans either if there was an escalation of Misao building, they're going to have to put these missiles somewhere in that region. And I think that's going to be something else that we may well be talking about few months time. Indeed, messy. Does. This raise the fun prospect of a America versus China short and intermediate missile race. That sounds like it has all the hallmarks of doing so. But I, I think is interesting, isn't it to see even some of the reaction in Washington with some Republicans not happy about this. I mean, this was one of Reagan's greatest legacies, this arms reduction treaty, and I'm just watching on the TV last night that footage from nineteen Eighty-three Reagan and Gorbachev sitting there, Nancy, Reagan, I forget Gorbachev's wife's name. You'll always. Yes, they, you know, that sitting Manson was ever come up in a pub quiz not never has. What's the point. And they're sitting chatting, and it's it's an incredible sequence. This footage incredible sequence and the idea that that's kind of being just another thing that Donald Trump kind of unpicked with a common. He's. Point is this one of those things in which it's just probably the kind of thing that any Republican president would have done, but everyone's going about it because it's Donald Trump. Well, maybe and this is the interesting goes back to the bigger question that we've talked about before who's actually who is running America these days. Anyway. I mean, I can imagine someone put a folder in front of him at some point, tried to get into focus on it for more than five seconds and said, we need to do something about this. I can't imagine Donald Trump woke up one morning and suddenly decided it would be a good idea to pull out of the street. I mean, he didn't even know it existed until last week. Very, probably note Linder. If we're trying to be optimistic about this would be the, there'd be any prospect of China being interested in reaching some sort of agreement as even the Soviet Union was willing to do in one thousand nine hundred