Welcome to the Know Show, we are back, with a tighter format, and in this new season, we’ve decided to do the show every fortnight. As we’re kicking off a new season, we’d love to have your support, so please come and join Andrea T Edwards, Joe Augustin and Tim Wade as we make sense of what is going on in the world, including focusing in on five stories that really matter. An hour tops, promise.
The agenda is 10 minutes of the headlines capturing attention around the world, and then drilling down into five bigger stories, which we’ll discuss in more detail. You won’t be bored for a minute, we promise.
The Know Show is a Livestream held every fortnight on Friday, where Andrea T Edwards, Tim Wade and Joe Augustin, and at least one special guest, review the news that’s getting everyone’s attention, as well as perhaps what requires our attention. We’ll talk about what it means to us, the world and we hope to inspire great conversations on the news that matters to all of us.
The Know Show is based on Andrea T Edwards Weekend Reads, which are published every Saturday on andreatedwards.com, and covers the climate crisis, Covid 19, topical moments in the world, global politics, business, social issues and passion/humor/history. Join us.
#TheKnowShow #UncommonCourage
To get in touch with me, all of my contact details are here https://linktr.ee/andreatedwards
My book Uncommon Courage, an invitation, is here https://mybook.to/UncommonCourage
My book 18 Steps to an All-Star LinkedIn Profile, is here https://mybook.to/18stepstoanallstar
Welcome to the Know Show, we are back, with a tighter format, and in this new season, we’ve decided to do the show every fortnight. As we’re kicking off a new season, we’d love to have your support, so please come and join Andrea T Edwards, Joe Augustin and Tim Wade as we make sense of what is going on in the world, including focusing in on five stories that really matter. An hour tops, promise.
The agenda is 10 minutes of the headlines capturing attention around the world, and then drilling down into five bigger stories, which we’ll discuss in more detail. You won’t be bored for a minute, we promise.
The Know Show is a Livestream held every fortnight on Friday, where Andrea T Edwards, Tim Wade and Joe Augustin, and at least one special guest, review the news that’s getting everyone’s attention, as well as perhaps what requires our attention. We’ll talk about what it means to us, the world and we hope to inspire great conversations on the news that matters to all of us.
The Know Show is based on Andrea T Edwards Weekend Reads, which are published every Saturday on andreatedwards.com, and covers the climate crisis, Covid 19, topical moments in the world, global politics, business, social issues and passion/humor/history. Join us.
#TheKnowShow #UncommonCourage
To get in touch with me, all of my contact details are here https://linktr.ee/andreatedwards
My book Uncommon Courage, an invitation, is here https://mybook.to/UncommonCourage
My book 18 Steps to an All-Star LinkedIn Profile, is here https://mybook.to/18stepstoanallstar
Welcome to the no show, we are back. My name is Andrew Edwards, and Tim Wade. And my name is Joe Augustine. Here's the show that's come back with a completely new idea, a new way of doing the show. And hopefully what we'll do is still leave you with lots to say lots to think about, and lots to share with people about the world you live in. Yeah, so we're committing to an hour, and no one believes we can do it, especially my husband. But we're 20 bucks, and that's going at least an hour and a half really? Gotta do it, we're gonna do it. So who wants to explain the new structure do you want? Okay, so new format is, we're gonna get down to this, it'll start with a quick roundup of a lot of great things happening, or well, not great things, great stories around the world. And while Tim mimes me, it'll then continue into a bit of a conversation about some of the more important things that we should be talking about as well. So with all that said, let's get down into it. We're going to talk about the main stories. Just quickly, so if you only have 10 minutes, first 10 minutes, you're gonna get the top line news items to give you some ideas for thinking and some links will be sharing in the comments areas as well. So you can also follow up on those articles, too. Yeah. And then then we're gonna go into the top five. So if there's a big story going on in the world, and you don't hear it straight away, it's not because we're ignoring it. It's because we're going to spend more time on it. So yeah, we will. First go ahead and read first. Alright, so we're gonna kick off with some good news, as far as I'm concerned. Anyway, Sarah Palin. I don't know if you guys remember Sarah. She loses her comeback beat in Alaska. And the lady called Mary patola. Sorry, if I'm saying her name wrong, she won. And she's the first Native Alaskan Native elective elected into Congress, and also the first woman. So I thought that was really amazing news. Gorbachev passed away this week. And honestly, I hadn't seen the pizza ad before. And I kind of felt a little bit sad watching it. But you know, here we go. Anyway, he's left a legacy. That's kind of interesting. Arnold Schwarzenegger has been praising him, many, many other or not, and Putin has said he won't even attend his funeral. So mixed mix sort of history, Ukraine, obviously, that is not going away. And we are hitting the point of maybe people being a little bit bored. There's a lot of conversations going on around the ascendant. I've been following some military experts on Twitter, over the last six, seven months. So just really tracking what they've been saying and what they've been predicting. And one of the things is that Ukraine is displaying such great strategic insight in the war and the way they're carrying out the war, that it's that because of that the West is providing them more and more advanced weapons, because there's no the weapons won't be wasted. And that is potentially going to be helping them in this this current stage of the war in which we're starting to see now. And this is also happening at the times when Russia's supplies are potentially dwindling. So it obviously continues to be an intense war. The Nuclear Risk is constant. And we've had one recently, as the Lensky said, you know, the world didn't know how close they were to destruction. And there's the United Nations group visiting this nuclear reactor as we speak under fire, but isn't going in Ukraine's direction. So Quinton Summerville, who's one of my favourite but BBC journalist posted an article said, Is this Ukraine's breakthrough moment, there's a powerful piece in The New York Times as well, just talking about what it's like as a civilian. And the most important thing, and the most important message that keeps coming through is Ukraine has to win this war. They can't concede they can't negotiate. And of course, that's, that's a hard thing to do. But there's a great article called a letter from a Russian friend. And I really recommend everyone picks that one out. So another big breaking piece is in China. The United Nations has accused China of crimes against humanity. They didn't want this report released and they put a lot of pressure on the United Nations to make sure it wasn't released. It's out so there's gonna be a lot of backlash there. And then in my last weekend, reads, I shared a story that Macron warns of the End of Abundance as France faces a difficult winter. The initial reaction was that he was out of touch with the poor people in France. But actually this week, I've seen that the bigger deeper message has been heard. The age of abundance is over and we have to simplify our lives if we have any chance of dealing with the climate emergency. So it's a very powerful statement for a world leader to make at this time and unnecessary statement. Tim All right. In other news a sad outcome time has run out to the UN fails to reach an agreement to protect marine life that's from the United Nations and it's covered in The Guardian. Also crikey is taking on the Murdoch family and media there's crikey Lachlan Murdoch legal battle erupts amid publications. ascribe a push. That's in the Sydney Morning Herald. A lot is also going on in the Donald Trump case and lots of different angles are being shared, including the fact that it's not a big deal. Judge orders redacted affidavit used in Trump's search warrant to be unsealed. That's in the New York Times. Also, Trump appears to concede he illegally retained official documents that's in the guardian. That's a crazy story. Check it out. We're gonna put these in the links, opinion, what the redacted affidavit shows in the Trump at Mar a Lago case that's also in the New York Times. And then today, after the photo of the documents taken from Mara Lago was released a great piece in The Atlantic how the Department of Justice used Trump's methods against him. That's yeah, again, that's in the Atlantic. Definitely check out the Atlantic, they're pushing out extensive coverage on this and other issues impacting America. Another article recommended is fear of fascism that's also in the Atlantic. I think the bigger picture for all of this coverage is probably this Republicans thought they had the midterms in the bag, voters just rejected them again. That's Lloyd green writing in the in the guardian. And this is down to two things the reversal of the right to abortion. And people absolutely horrified that the leader of the country of the past leader of the country has betrayed the USA, if you haven't seen it, a big part of our current leader, a big part of what is going on in is record number of women have registered to vote and it looks like the surge is for the Democrats. So potentially good news, if you don't want to see Trump or someone like him in power again, it's definitely an interesting story to keep an eye on Joe. Well across the pond, the UK is literally surrounded by a ring of human excrement. Well, to be fair, there probably be a few dogs and cats involved in that as well. But it's something that can literally be seen from space. It was one of those things that a Chinese astronaut saw when he looked down upon the British Isles, and it looked kind of like a jade ring which was interesting. This is all of course because of Brexit and the change of of rules and regulations that now unfortunately make it easier for for for companies to pollute. And one of the comments I love on this particular story was how on a calm day with a hot sun the surface of the as they say and shattered Britain English channel itself could harden and allow immigrant migrants in the millions to simply walk across into Britain. There's a huge bike protests over in Germany, Psalm 8500 cyclists out in protest, that's going to be a nice traffic situation. A story from Yemen where the war has, has had lots and lots of victims not engaged in the war itself. One of the stories there is someone who's basically been robbed of their children that stories in The Guardian, Emily Matthew, meatless in the UK speaks of an act of Tory Party agents that's been shaping the BBC News output this is in The Guardian, and this agent is referred to this agent is referred to as So Robbie Gibb, someone appointed to the BBC is bored by Boris Johnson's government, and who has since influenced a series of ongoing reviews of the broadcaster's editorial output. As you know, the BBC used to be famously impartial. And now famously not so much. He was not definitely an impartial party previously worked as Theresa Mays, Director of Communications and actually helped found the right wing GB news channel. It's part of a bigger story about media accountability around the world. I mean, it's long overdue, we have to look at ourselves look at media and everyone's got to ask themselves, you know, what are they consuming? And who are they trusting? There's also some news coming out of Malaysia. And this is interesting for me because I just came back from a trip from there. The big headlines is, Najib finally goes to jail, and so does his wife. In spite of itself, Malaysia has managed to send someone away for corruption. At a high level, one of the great little blurbs from the reportage is Ross, mon mon Sol was the wife of magic was also going to jail paying a fine of several hundreds of millions of Ringgit. She's asked the court for compassion as a quote, woman taking over a man's role in the house, unquote, which apparently also includes taking money. Sticking with greed. A report in Time Magazine says America has 1% has taken $50 trillion from the bottom 90%. It's probably no surprise to you that America is currently in the lead by quite a bit in the Gini index, which measures the difference in terms Who has more money of the gap between the people who have money and people who don't. Of course, during the time that we were away big news of Singapore for a lot of people was the announcement that they will be the repeal of 3778, which is basically, the legalisation or at least the the equalisation of gay sex. There's, of course, has had has led to all kinds of very interesting conversations. They were all kinds of gatherings by people trying to protect their various interests, or some would say, you know, overreach into situations. And in contrast, India's top court has declared same sex couples entitled to social benefits, deserving legal protections. Now, to be clear, it's not that they were saying that gay couples were being protected by it, but they were actually protecting the, the the the rights of non traditional families. And this is in contrast to what has been spoken about in Singapore, because along with the announcement of the legalisation or the repeal of 377. A, was the announcement that the government would also make moves to alter the Constitution, to not provide the same access to those social benefits that India has just become famous for as well. You may have also heard about Joseph schooling, the Singapore Olympian who has done the country proud, and most recently, somewhat not so much. This depends, of course, on your perspective on the matter, he set up a firestorm because he confessed to the use of marijuana. And this was after coming back from I think the C games and apparently he passed the the test, and people will be curious about why he would confess to it. Not much is said about that. But all I'm gonna say is yes, you can pass one test, but you might not pass all the tests. That's all I'm saying. Andrea, back to you. Yeah, I think people don't really understand the Singapore sort of viewpoint on our marijuana and its use. So it's a it's an interesting story, especially from when you understand the Singapore perspective. Okay, if you're in the Watch trading market, and I know many, many people who are, and I know, the majority of people have no idea what I'm talking about. But basically, people have been buying up Rolexes and all sorts of other watches for years and years and years and keeping them and selling them in the second hand market is crazy for them. But not anymore. The Chinese are selling them off as well as their What is it the Hermes? Birkin bag? Is Sorry, darling. And basically, yeah, the prices just dropping in the market. So keep hold of your watch. If you want to make some money, if you can, on John Oliver released a very video where he was talking about net zero. And he's basically made the claim we cannot offset our way out of climate change. It's a really, really powerful video, if you haven't had a chance to watch it. He really goes into the details of it. And there's so many scams, which of course makes people less inclined to want to do it. But the story has also been getting picked up by a lot of media, which which doesn't normally happen with his skits. But a conversation started a serious conversation started. So I thought that that was a really good thing. In China a sad story. The dugong, which was the inspiration for the mermaid Tales is now officially extinct are two gangs in other parts of the world, but in China, that's now official, Tim Well, we have a rare triple dip, La Nina linear issue alert issued as meteorologists warn of potent spring summer weather for Australia that's on Seven News. What the rare triple dip Lavinia could mean for winter that's on msn.com. So basically, we're looking at the end of this year. And so in southern hemisphere, obviously that spring summer, it's going to be quite interesting. And in the northern hemisphere that's over there winter, Australia's East Coast set for third straight line, Nino season. Experts predict that it's on ABC News at the ANP project.org. Please understand what this means for all of us more of the same extremes that we've been seeing. And so it's not just like a one off. I'm sure we're all noticing this now. It's not a one off anymore. These things are happening regularly. There's an interesting legal case for the fossil fuel industry, US fossil fuel firms Sue's insurer for refusing to cover climate lawsuit, and that's covered under a climate crisis section of the guardian. Again, you can find that at ANP project.org. Definitely want to watch Joe. Yeah, the west coast in the US is contending in what they call another heat dome. I would say this is not something that's happening only in the West Coast of the US. But also, I mean, I said that. Well, plenty of countries in Europe didn't have experiencing extremely hot weather it during very unexpected times. So prolonged and record heatwave is building over the West. And we're going to see what happens out of that. And finally, some news that shouldn't be news. In my opinion, Nicole Kidman instead of a controversy appearing to be fit and strong and perhaps a little more mature on the cover of perfect magazine, what what it basically is the story is that she is worked out. And she's looking, I guess, also a little bit like her age. And there's something about that, that doesn't make some people happy. I think the commentary by Yvonne Roberts is something about how this frantic effort look, have you ages frankly, the meaning? I don't know how do you feel about that? But we can we if we have time. We can have a chat about that. But that's basically the the top stories that we've come across. I think I think our head cuts the problem on the front cover of the magazine. That's imperfect, and it's called perfect magazine. Anyway, moving on. You can't win being a woman. I mean, basically put on her for doing that. But you know, people got a comment. So I don't know. They should get on with something else. Yeah. Yeah. So there's a there's the top stories, but we wanted to dig into five more on this one that we can get rid of if we run out of time. But the first course is the Pakistan floods that we've seen this week. So as I was going to bed on Saturday night, I caught some of the footage of the floods in Pakistan. And I found it the most horrific climate event I have seen so far. It was so violent, so huge, and so destructive. And I went to bed that night. And obviously, it was had an impact on me. And when I got up, I went looking for the news, right? So it is the largest body of water ever released. Early coverage focused it on it being glacial lake melt, which is officially called a glacial lake outburst. If you didn't know it, then this really quickly disappeared in the media. And it's only started to come back in now. And sort of towards the end of this week, Vox released an article and it said, Pakistan, Pakistan is home to 7200 glaciers. And this is more than anywhere outside the poles. northern Pakistan has more than 3000 glacial lakes, and 3000 3000 of them are prone to hazardous glacial lake outburst flooding. So I expected to see this coverage everywhere. And I was looking for it on Sunday, New York Times Wall Street Journal, many of the other mainstream media they just didn't they didn't even there wasn't even there. The BBC did have some coverage, but most of them just nothing there. And you know, there's a there's an article that I shared a few weeks back that the US the media is basically trying to sugarcoat the climate crisis to its public because people don't want to hear about it because they're getting too upset. But there's some big numbers coming out of Pakistan 1350 killed so far 15 million displaced. And I know a lot of people are saying 33 million, but it's going up 900,000 livestock dead or 90% 3.2 million houses destroyed, with nearly a million damaged more than 40. Reservoirs breached 220, bridges collapsed 90% of crops damage, including cotton, which will impact Pakistan and the world $10 billion loss of the country to the economy and 1/3 of the country underwater. And they're expecting it to take 10 years to rebuild. But of course, if there's another glacial lake outburst, that's probably not going to be happening. A lot of different perspectives on this, have you guys been tracking it, you know, there's a real anger within Pakistan towards the ruling elite. Imran Khan is not, he's not getting a lot of good publicity at the moment. Corruption, corruption, so he is obviously a huge issue around the world. And it's been blamed for this too, you know, especially so many people are getting approval to build in flood zones. But that's a perspective that people are picking up and hanging their hat on, especially people who are refusing to consider as a climate change situation. But you know, when we watch that 150 year old love hotel, sort of looked like it was just cardboard coming down in seconds. You know, we know that this isn't just impacting homes that are built in, you know, in the river in the flood plains, it's this is much, much bigger than that. We know that Pakistan's emissions, you know, contribution globally are very, very low. But, you know, they're obviously being impacted. And, you know, the only thing that we can do if we really want to help Pakistan apart from donate and help now is to stop what's causing the pro boom in the first place. So that's how we can help. The other thing that's starting to come up, of course, is people are banding they've got no food and waterborne diseases are now becoming rampant. So it's a pretty desperate situation. Have you guys been able to watch the footage? Yeah, I saw it. And I share the same sentiment as you about just the enormity of it was just unbelievable, because you know that that the the idea, but what was really, really, really shocked me was the footage of a building that looked very much like the place I used to live in, just fall apart it and it just it just there was just so much water. I mean, the if you haven't seen it, seek it out. And if you're not going to see, I just gotta tell you that anything you saw during the coverage of the tsunami, you multiply that by five to 10 times, and that's what it was. inland, try and imagine that where there is John glazier in us? Escape? Oh, well, we have Tim, Tim, your your, your first Nacho. I'm frozen. Well, it's okay. We all took turns. Anyway. So that's that's the kind of thing for me, I think what happens was a story like this is one of those stories, which is very hard to put a handle on in the US where it's so egocentric in terms of what the world's problems are. That the handle and this is hard to haul as in who's, who's the bad guy? You know, what can we do about it? All those things come in, and there is no good angle? I think for the US, you know, it's one of those things where, who, as soon as it's brought up, they're going to talk about it. And it's going to be it's going to be someone's got to be blamed for it. You know, I mean, and the blame? I don't know, it's really difficult for me to think about it, especially when we're talking about media, ironically, as well, right? It's because of the way media works now, where you're trying to kind of placate your team or serve your particular team. You don't want to upset your own base, you know, in terms of the stories. So a story like this is upsetting for I think, a number of reasons, because it points the finger at everyone. I think if you're if you're Republican is your fault. If you're a Democrat, you're it's your fault. If you're American, it's your fault. And then there's the question of what can you do? And the answer is, right now, not very much, I can send some help. But this change that you're talking about? Yeah, no, it's it's this is really the problem in terms of what climate change is about the impact, but something that you're going to do today, whatever you're going to do today, it's going to happen so far down the road. It it needs the kind of vision that the architects of the ninth century had, we will you know, who designed the building that will be completed way after their lifetime. It needs that kind of vision. And that kind of vision is rare amongst the average people, amongst average people. And it's something that we do need to have collectively that kind of vision where we're doing something for a time that we won't see. Yeah. planting the tree, right. Jim? Yeah, I was having some issues there. Yeah, I dropped off. For some reason, I don't know. Anyway. Alright, so let's move on to the next one. Because I mean, it links in this is feminine, the rise, food hikes and shortages. So we've talked about the numbers in the past. And Joe, you've sort of referenced some numbers where we've seen improvements over time. But there are now 89 point 3 million people around the world who've been forced to flee their homes, and nearly half of that nearly 27 point 1 million refugees, and half of them, obviously are children. There's also another group of people, which I called the stateless people, and I've had an opportunity to work with some stateless, stateless people. And they have no access to anything, education, medical care, I helped a little boy who had burnt his arm, and he couldn't get any medical attention for this arm. And if he didn't get it, soon, he this would be a permanent impairment. And it was because he was stateless, right? So one in 88 people on Earth has been forced to flee, but to give the perspective of increases, so in 2021, there were 828 million people affected by hunger. And this is 46 million more than a year earlier. And 150 million more than 2019. So the numbers are definitely going up and the other in the other direction. And it's been relatively unchanged change since 2015. You know, the world was progressing. But the people who have been affected by hunger jumped in 2020 and 21.2 by 9.8%. And there's 2.3 billion people in the world who are moderately or severely food insecure, in 2021, which is 350 million more compared to before the outbreak of COVID. So, from a numbers perspective, you know, there's a lot more desperation, the United Nations record 345 million people are marching to the brink of starvation. And in Politico, the crime is the climate crisis is a hunger hunger crisis. And I definitely recommend that. So, one of the things I'm getting frustrated about is, the famine is not being covered in the media, you know, in the Horn of Africa, they are suffering the worst famine in 70 years have lost their stock, they can't plant. And they're talking about 350 companies who account for more than half the world's food and agriculture revenue. And basically, most of these companies have a presence in the Global South, they employ indirectly indirectly 23 million people, and they have a disproportionate impact on on the food systems. And basically what politico is saying, they need to make a commitment to providing sustainable lives, livelihoods for farmers, decent employment for workers, and nutritious nutritious, nutritious choices for consumers, these companies 26 out of 350 have have set reduction targets, according to the Paris Climate Agreement. And 189 of them have not set deforestation targets. So I, you know that we're going to talk about it a bit more when we talk about this situation in China, but this family is going to encircle the globe, a supermarket shelves are already empty. I don't know if you're seeing that in Singapore, but we're certainly seeing it, the price of goods is doubling a pineapple used to cost 20. But now it's 40 baht and obviously those people at the bottom of society will always suffer the most. So we're on we're, I think we're at the beginning of a very, very, very challenging time for humanity. And we have to come together and look at how do we how do we solve it? You know? Yeah, I mean, the real problem is about, you know, the the bus that we're on, right, I mean, who's driving the bus and who's the rest of the people on the bus? I was I was, and I do I do trading, and you don't kind of feel that trading is where you will kind of get some kind of insight about what the economy is doing as well. But it's all there. It's all written in the prices. And something that is really coming our way. And it's coming to the to the to the Western world as well. And I think more or less people are aware of that, than they are aware of what you just told us about is that these shortages are heading out west as well. Water supplies, you know, like where farmers who usually have 15 feet in their reservoir at this time of the year, now report that they have two feet. And you know, while it's it's does seem like life can go on it can. But that that safety net that used to be there, if you think about this 15 feet of water versus two feet of water, now you're less than 1/7 of where you were normally at this time of the year, you're right on the edge there. And so that's the kind of stuff that is that is I think it's going to happen in more parts of the world. And I was just thinking about this where I talked about the analogy of being on the bus that was driving the bus. In Singapore, we really don't feel the problem with it. I mean, we get a complain about how things are a little bit more expensive. But at the end of the day, the supermarket shelves here are not empty, we're not in a situation where there is not going to be enough food. We're going to be in a situation here, which is the case at supermarkets right now where at the end of the day, there's surplus that they have to get rid of, you know, I'm actually I have friends who were involved with the there's a there's a there's a nonprofit that that deals with getting all the wasted food and distributing it right. There is no shortage they're not they're not in a situation where they have no extra food to give away. And this is the world that we live in. Right. So if you think about that, that the people who are driving the bus, they go home to their to the to the meals, they can complain about the price going up, but they've having the meals, it's just the people who are on the bus as well, who have to come along for the ride. Not the perfect, you know, kind of metaphor. But that's that's really the situation and the people up front don't have the same experience as the people at the back. But the people up front are the ones who have an influence on where things are going. And everybody else is unfortunately there for the for the ride. Yeah. We'll move on to the global economy because this, this this links into it, right. Like, one of the things that I'm just trying to make sense of at the moment is the media coverage and the commentary around recession. And Europe I think because of what he said there They're in recession. But America is still sort of asking the question, are we going into recession and I'm just shaking my head, right. So practically every crop on Earth that we need to sustain the global population has been impacted by drought, whether it's 30 40%, loss 50 90% loss, right. And, you know, we already started off this year basically losing 20% of a whole bunch of necessities like wheat, sunflower oil, as well as the ingredients for fertiliser due to the war in Ukraine. But then, then we've had all this other loss on top of it, and it's from drought from flooding, or the, the Canadians couldn't plant the wheat crop because it was too wet. In in Thailand, they lost 10% of their rice, because it was too wet. In you know, in California, tomato crops are down. So basically, don't expect your pizza, this, you know, gets you can't, can't get the pizza sauce, all of our crops, the bees are coming at the bumblebees are coming out earlier in the UK, which means, you know, they're not that what they need to eat isn't available. So they could potentially, you know, it's like, and, you know, we discussed, you know, the famine that has to be done. And I know it's going to encircle the world, and people aren't really paying attention to it. The first year is never the worst year. Because it's it's the next year. And the year after that we're in the Learning Cycle still. So potentially, we've got another year of the same sort of extreme weather patterns, right? Even if people think it's a natural, sort of weather sort of pattern, but you know, there's going to be so many people who won't be able to afford to eat or even earn a wage, and the farmers saying that they're not going to replant their crops. So next year is going to be worse. Right? You know, one example is the cotton industry. So Americans, America has already had its crop decimated in Pakistan, they basically lost a lot. And if you think about it, just from that particular industry, right, it's not about not buying, being able to buy your favourite jeans. The farmers will be impacted, the pickers will be impacted. The textile manufacturers that are so important in this part of the world. So as tailors, distributors, fashion houses, and all the way through to us, right, and so we're in it now, we are in this cycle that was expected when the climate emergency hit, and people are now saying, we are in the climate emergency. And it's like, it's like the economist are still you know, there's one article the one $100 trillion economy in one chart. We just, we're just going to keep going in the same direction. But in America, they're starting to slow down on hiring the last few months they've been down, you know, there's an IDE called, you'd probably know more about this leveraged loans are the new canary in the coalmine for recession. And, you know, you know, for me, we're here, we're here we're in we're in this cycle. And, you know, is it ever going to be better again? That and that, and that, unfortunately, is the it is the cycle of life. I mean, I don't want to oversimplify it. But the markets tell you that story over and over and over again, it's gonna have to go to a bust, before it all falls apart. And then it's rebuilt again. There is a there isn't there is a bias. If you look at the way the world works over the last 200 300 years, there's a bias towards the upside. Now many people think that human beings are just naturally greedy, we want growth. And all that happens, right? There's actually a chart which I found very interesting, which is the which is a chart of the days that we had winners or rallies versus days when we had losses in the stock market. And if people were to talk about what they think what they what they would they would naturally think is the is the number of times when you've had a winning day and a losing day. Most people would imagine because of the world we live in that we are biassed towards the upside right? And they'd be right, but not by the extent that they think they probably think it's only about two or 3% to one side as in like it's 53% to 47% or something in that in that area. So it's a slight bias towards wanting to grow. But the problem is actually about where and how we we look at our role in society and who has control of that, right. If the people who are able to solve the problems, think about it in terms of solving the problem for everyone, then we are in a good position because we have the greatest bunch of minds. We have the best technology today than ever before. The problem is that many people live in a mindset that is trying to solve the problem for me, I'm trying to solve this for myself. So I'm trying to form I'm trying to create a business, I'm going to try and create value so that this solves my problem. And when you when you have that what happens is, it's, I don't I don't blame the 1% for making more money, it's because they're more. They're ingenious, they figure out ways to make things work. I mean, look, it's and being someone who says that, you know, if I, if I wasn't, you know, doing an honest business, I'd be a criminal, I understand that there isn't like, I can understand how an opportunist looks at things right. In a fire, there is an opportunity can I produce? can I provide firefighting equipment or services or whatever it is, if I'm the person who can do that I'm the one who can solve this problem, and I can make some money from the whole thing. And it's terrible that I do that. But I'm solving that problem as well. Right. So so there is this there is this thing about, you know, where we what we're doing with our with with ourselves? I mean, what are we? What are we? What are we who are we bringing up? Are we bringing up children? Let's say, we are here? We're here for everyone. We're here for others? Are we hear just for ourselves? You know, the, that's the if you if you if you if you? I think when you drive, you see you see a reasonable why, why the world is where it is, right? Well, while you're driving, for me in Singapore, I don't I don't see a world where people are giving way to other people and making room for others. It's people who are trying to cut off other people preventing you from making a move, and you need to do something else, and not really helping the big picture. It's about me, rather than us. So it's that problem. It's not just the circumstances, we've always been able to figure out the circumstances. So for me, I've always thought if the world could be looked after by benevolent dictators, we'd be fine. And unpopular opinion, but I actually appreciate it, just because I've seen how it works. It's yeah. Just talking about the global economy, and just, you know, like, it's like we exist in two worlds at the moment, it really is, you know, there's the reality of what's going on. And then there's this other politicians, business leaders, economists, it's like they're having a completely different different conversation about the reality. And it's only going to get worse and macrons statement about the End of Abundance was such an important statement. But so few leaders are doing that. We heard the World Bank, say something like similar like, you know, a few months back, but they're not they're not talking about it. Yeah, so what Joe said about benevolent dictator, there's, there's merit to that, in a sense, the only problem is sustainability of a benevolent dictator after that dictator passes. So there needs to be a structure in place, because usually the benevolent dictator hands down to a malevolent, you know, sick, son, or, or whoever. So it's, it's. So if there's a structure in place to have a benevolent, dictatorial government, that could be interesting, unless, again, it's taken over by something malevolent, the challenge, I guess, is for democratic governments. If people are thinking, like Joe was saying, in terms of me, me, me, me, me and what the best for my pocket right now, then governments will respond in order to get elected. Whereas that benevolent dictator will take a position of leadership that sometimes requires unpopular decisions to be made for a greater long term sustainable, good. And the people that are in the position to do that, weirdly enough, and not governments, they're probably either a the billionaires or be the large corporates. The challenge again, from the large corporates is like a multi party government system is that people have a choice to go to another corporate who's going to tell them what they want to hear. And you know, do for them, you know, to take away the subsidy for example, you charge this for your product while everybody else is charging, fast fashion becomes fast everything and, and then as a result, you you go out of business, and the shareholders dump you and everything else. So I agree with Andrea insofar as there seems to be two worlds happening at the moment, you know, from the but, but almost two worlds for us as well. It's like we're seeing this world but we have to play in that world. And, and then there's a heartlessness from an individual perspective, I think, possibly the the shift from community, a community oriented thinking of we that Mbutu sort of idea that the shift of that has been when we've gone from village community to anonymous city life. So they, you know, people move into city centres and become big Nope, they don't even know the neighbours down the hall. So are they hate them all, because they're the ones who are directly causing any sort of distress, the smell from their cooking, the noise from their music, the smell from the smoking, whatever it is, they're the ones that are directly causing any discomfort, therefore, they don't want to know the neighbours. So there is no sense of we, unless it's culturally, I guess, developed and becomes part of an ideology within the country, that becomes a very challenging thing to preserve. And then there becomes a level of maturity. And thinking about the world on a larger scale that's required, but people only get to it's like Maslow's hierarchy of needs with regards to saving the planet. And that lowest level is I need to eat, or I need to get away from this flood. And at that particular point, people aren't really thinking about, you know, we need to be making these big decisions. Of course, there'll be anger and blame and everything else, but it's about survival. And it's only when there's an there's a level of, of, of self sufficiency that people can make, have the comfort, in a sense to be able to say, this is what I think we need to be doing. And I think it's the it's sort of ironic, in a sense that Gorbachev has passed away this past week, because, in a sense for him to dismantle what he did, or, or look at reform and change in his party in government and in country. He had to go through the existing system, to get to the top to be able to change the system. And it's very hard for people who go into any of these systems to get to the top with their values intact. I mean, he's very, he's reasonably popular outside of Russia, but not popular within, it seems well, certainly with the parties that lead it at the moment. But the experience, the Gorbachev experience was a bit different. Because you know what he does, he rose, he rose as kind of a moderate. And actually, his mind was changed by by Ronald Reagan, showing him a different, different side. And he finally was we finally finally got to the point where he got, you know, I think that there's some, like the like, the, like, a lot of people go through life with certain chip, certain beliefs that you're not quite sure about, you get to a point where you go like, there isn't there is absolutely no more proof that this this belief system that I have is absolutely true. And I think famously, you know, he had that experience, and then did a very brave thing as far as trying to change the world that he lived in, to try and bring people to the other side. And he tried, he tried to do it his way, his own brand of things as well, its own special way of doing things. But, man, it was it was not easy for him. All right, so global economy, my prediction, hang on to your hats we're in for probably the bumpy ride we've ever seen. Joe, I'm gonna get right behind you and see Yeah, absolutely. Yeah. And I'm gonna just say something else as well. Don't blame the financial people for making money out of this as well. It's it's just, you know, what, what do you what, what, what is the obligation of the financial person in all circumstances, I mean, that if you think about this, if I'm a surgeon, and I see something, I see something wrong, I'm going to try to use my surgical skills to do something with that. The people in the financial industry are going to be facing the market as it is, and it may have been caused by some of their colleagues, some of their peers and governments or what have you, but they're going to make, they're going to make hay of it. And what's going to be very painful about this whole thing and something that I grappled with when I was younger in a different way. Someone Someone came up to me after 911 and said what do I think of the markets and what I knew fundamentally is the markets historically reset after 90 days, a huge thing happens 90 days from then it will reset from there. So go you can make a lot of money every time a big disaster happens. And I at the time, felt like I couldn't do it. My reflection on that right now is that yeah, that was kind of the right story to tell. But at the same time, there was something that could have been done as an as an with with that and this is me having having just you know mixed feelings about the whole thing. If you are in the financial industry and something is happening calamities is happening and there's a way to make money from it. It's kind of your obligation to do it. That's, that's, that's really is it? You know, what, what do you do? Do you step aside and say, you know, it's not it's not like, it's not like it's not going to happen. It's not like there's not going to be money made by somebody else. And if you if you even feel bad about it, maybe you're the person who should make that money and do something with it. Yeah, I mean, basically, until we change the whole economic system, right, which is what we need to do if we're going to tackle the climate crisis. So, yeah, yeah, I mean, I'm not I'm not one for making money out of poverty, but then that's why I'm not I'm not sitting in, you know, millionaires. Or billionaires. Right? Because the way I think, but I get Yeah. I mean, okay, but he's not making money of poverty. He's making money of people deciding to sell at a particular point. He's trading, if you're making like massive share prices, because you're going into commodity trading, right. And you're making massive profits from there. You are profiting off somebody suffering, and that's the people who can't afford to buy food. And that's all over the world, in rich countries and poor. So, you know, pharmaceutical companies. So Joe's argument is make the money and then feed the poor. It's complicated stuff. And there's a it is it is not as is not as black and white. I mean, I think if you want to do if you want to make the big changes, the big differences, you got to you got to have the ability to do that. And I think, and again, controversially, I guess, but I think Bill Gates is probably the best example of this, someone who has the ability to make the change, and he's making the change, I think Warren Buffett is also doing that. And you know, by the influence that they have, they've gotten other people on board to try and make that change as well. So it's changed, I always feel the change comes in the flavour that not everyone enjoys it, people want it to be this particular way. And sometimes it comes in a different way, which which people say, Oh, it's not enough, it's not fast enough. You know, the world that we have the problem that we have, right now, the problems, the big problems that we have right now, are literally problems that can't be solved in a day, they cannot be solved in a day, they have to be solved by flicking one little switch at a time, that leads to a different system that leads to a different switch. And that's going to require the kind of influence the kinds of thinking the kinds of kinds of connections that the average person is just not going to be able to do, we can't do it. The problem, the problem with those switches is they should have been flicking those switches for 30, the last 3040 years. And because they didn't, now there's going to be like these urgency. So if we move into the final sort of focus piece, and, and this is obviously heat wave in China, as well as the supply chain issues. So there's a piece in the New Zealand Herald, extreme China heatwave could lead to global chaos, and food shortages. And this, this place is one of one of the pieces that sort of really got my attention. I was reading a few months about the Philippines imports, approximately 80%. And I could have the number wrong but a lot a very large percentage of their food from China. China has just lost a whole bunch of food. So it's people will now be facing famine, the country's first priority will be to take care of its own. So countries like the Philippines that have gotten themselves to the point where they're importing so much food from a country that is now going to be scarcer food, what's going to happen to countries like that. And then, you know, I'm talking to people and the farms, you know, they haven't been planting food in the Philippines, they've been building houses on these massive let up in the mountains in this land, right. So the farmers are selling their properties to rich developers who are building these properties. Now there's going to be no food. And that's the sort of stuff that really, really makes me anxious about where the future is going. But probably the most poignant piece I read was, China's supply chain is melting in extreme heat, whose will be next and this is in a publication called protocol. So we saw we saw the Chinese Heatwave, and I think it's at an end but 70 days, nothing like factories shut down. Rivers dried out, which meant no hydropower, which made people couldn't call themselves the world had never seen a climate event like it from a drought perspective and, and the impact. The businesses impacted companies like Toyota, the world's largest battery maker, the province that produces major amounts of lithium ion and polus, poly silicon, and these are both needed for batteries and solar powers, which is obviously important, and there's a whole bunch of manufacturers around them. China's law are just automaker in Tesla and Shanghai were impacted, because products from the south couldn't be get to them. And what what this article is really saying is most of the research is basically talking about how can we keep workers productive as the heat increases. And what they're saying is, we now need to be paying attention to how increasingly vulnerable supply chains are. And we saw it during COVID, for different reasons, but now we're seeing it. Now, no question, China is going to rebuild its country and its supply chain. And they'll do it in a way that Western countries can only dream of just like they've done everything else with what they're building, right. But I don't honestly think this is a chance for China to say, Let's build back, let's build our supply chain around high value industries that are really necessary for the future. And let's get rid of all the shit, you know, the cheap plastic toys okay, we need to stop the demand, but they need to, but we actually need to stop the supply as well, right? And they're not going to stop until the demand stop. So one way or another, it's got to stop, you know, these people that have a new colour decoration on the Christmas tree every year, are not doing a service to the environment, they're just buying more and more crap, that's getting washed out into our oceans. Right. So I think China's that an amazing point where it could completely rebuild itself into a high value. society and economy and all of its manufacturing and output is based on that. So you know, if anyone could do it, China can do it. And I know that most Western countries, you know, the way they think about China is so tainted by Western media. But those of us who are based in Asia have seen a very, very different perspective. But I don't know, did you have a chance to sort of dig into that one, because I found that a very powerful piece, I will confess to not reading it. But I will also say this. I think China's further along on that journey than most people think as like, you know, the way the way the West kind of discovered Singapore as being this big jewel of, of change and, you know, changing the world and what have you, China is going to suddenly pop out of the shadows, and you're going to realise that these things are happening. The reason why I'm saying this is, is that some of those things you talk about already happening is just that China is in the glowing example that is being held up. It's not very sexy, to say an entire country of billions of people have a billion people have really overshadowed you already. You know, like, if you talk about the average lifestyle of a Chinese person that the middle Middle Chinese family, right, they're doing pretty well, they're doing really well. And they have some really cool stuff. And in terms of technology, you know, the wind power, solar power, I mean, put aside the idea that it was stolen. So what, you know, if you, what's the point of view, if you're the one who holds all the technology that could solve the solve the world's problems, and you don't deploy it, and another culture says, you know, you don't want to use it, too, I'm just going to borrow it, and resell it to the rest of the world. And by the way, we're also going to implement it. And, you know, that's what's gonna happen. You know, I, I know, for a fact, for instance, in Singapore, there are certain projects right now. And I don't know whether I've come to know about them in a way, I'm so sure about them. But we are working on those projects where a town will be naturally cool, it's going to be a few degrees, loci, different different things like that are going to happen. And I can't imagine that China isn't trying to do that on a super scale. You know, I'm doing a voiceover project right now for a paint that reduces the temperature of surfaces, you know, to a great degree. And if you multiply that and you expand that into an entire city, what happens and China has the ability to do that, it doesn't have to bother with a small town saying I don't like the colour of this, or whatever it is, that the entire province is gonna get this if it works, you know, and I think China is going to be the big change that no one expects, and when it does finally happen, they're going to be the rich cousins. Yeah. Although there's a potential that you know, the bottom half of the country would have to move up to the north, just from a increasing temperatures perspective, because, you know, the entire supply chain, it's like, it's buckled, it's melting roads. It's like, you know, the rivers have dried up they can't get the boats down. You know, it's it's phenomenal like from a you know, not not in not in a great way but in a you know, like wow, like what what has happened over there? Right, but I know that they can do it, you know, they can get back on their feet and faster than anyone, Tim. Well, there was also drought in Europe making the waterways inevitable, inevitable there too. Whew. Which means even though the supply that part of that supply chain is going in and out of Europe, also, you can't move vast quantities so quickly. So while other means can move things around if the if if the ships can't get through with the, with the cargo, you know, you've got a new whole new set of problems, how do you? How do you solve that? Other than lots of buses or trucks? Or trains? I mean, you know, so it's, it's, it's like, how do you think, how do you think about climate change now on a macro supply chain, global supply chain level, if water levels are going down, heat is going up. So heat goes up makes makes roads and tires and things like that all the more challenging rail seems to be the one that has managed to go through significantly hot parts of the world. Over the last, you know, century and a half, so it might be a solution. But you know, that's, that's a big fair amount of infrastructure as well, that needs to be either renewed or, or standardised across multiple, different, you know, standards. It's, it's mind boggling. This is why I think a lot of people just check out. Yeah, and they go, you know, we can't do anything about it. So we may as well put our head in the sand even though it's getting hotter. And then just keep doing what we're doing. And try and make as much money as we can at the moment or, or do whatever, take care of a family or whatever it is, and just hope, hope someone comes to the party. And weirdly enough, it reminds me of Independence Day, where the aliens were attacking, and everything was going terrible. And then finally the Americans worked something out. And then the shots were of all these countries going. Finally, the Americans have figured it out, thank God for the Americans. Like, it's like we need the Americans. For the Chinese in this case, but one of the things he finished never went home. Yeah, one of the experts says rather than doing rely on the types of climate shocks that have happened to us in the past 1235 years, this expert is saying, What if we look at climate models, you know, and actually sort of work out? What is the optimal supply chain within the context of what we're actually working with, as we move forward into the future? And, and this is, you know, there's so many of that sort of engineers and civil engineers are asking that question, you know, the one in 1000 year events and now becoming once twice a year, once every two years, that sort of thing. Climate scientists are saying, we weren't expecting this till 2015. Okay, so here we are. So it's time to say, how do we prepare with this, and that's, that's the thing, like in the UK, they haven't built a new reservoir for 30 years. So they're not even remotely prepared for the drought that they're dealing with. Right. So the current the government's, the business leaders, they haven't thought about it. That's the thing that I keep going like, it feels like practically none of the countries especially in the Western developed countries, have done anything. Anyway, we are going to make it to an hour. We've got two minutes to go. What's keeping you distracted? He wants to go first. Um, well, actually, I was gonna go through the remarkable stories that came out in Malaysia around Nigeria, and some of the kinds of corruption that went with it. One was a story of the prosecutor was, I think somebody someone involved in the in the prosecution of the case who showed up dead, encased in concrete inside a metal drum, and the cause of death that was accepted by all involved in the investigation was suicide. Wow. That's terrific. But why it's horrific. And despite all that, Malaysia seems to have been able to pull off something which led me to think of a different idea which again, to think of this as controversial, but maybe it's time that we look at sustainable, sustainable. What is the word? Corruption? No sustainable corruption? Absolutely. If we don't tackle corruption, you're never gonna, we're never going to solve this problem. My view is corruption isn't going to go away. So let's try and come up with a new way of doing things where it's sustainable, you know, I mean, okay, if you're going to steal, steal some leaves, some steal some leave some instead of trying to just make sure that that gets built or make sure that it gets built, you know, don't take so much that the actual people don't suffer you know, yeah, yeah. Yeah. I agree. So distractions for me your distraction. You've been you've been distracted Joe by the by that that'd be what's your distraction been? My constant distractions always the same. I'm learning to trade better. I've been speaking to more mentors and trying to learn more and just getting my game better better. I am not much fun as a guy. Unfortunately, that's that's basically what I'm watching. I'm watching. I'm watching reacher on prime plus. And that is, you know, it's it's everything the Tom Cruise movies weren't because if you know that the character Jack Reacher is all right. Well, he's six foot five. Tom Cruise is not. He's huge muscle bound Tom Cruise. Well, maybe somewhat. But it's an interesting, interesting watch. I don't completely you know, agree with the character. But I'm, I'm sort of getting a sense of what you're saying. Yeah, what he's all about. It's very interesting. Well, I've, I've just been immersed in studies, I'm afraid. So I've I have piles of books, assignments do. And it's but I'm on a two week break. As of now, which, which feels like it reminds me of when I went to Everest where we had break days in the trek. And I thought to myself, a break day is sitting around sleeping, recovering. But no, it was climbing a mountain to get altitude, exposure, and then coming back down again. So it wasn't a break at all. And that's exactly what this break is it's catch up on readings, try and pre read it to get ahead a little bit, so that I don't slip immediately, and trying to catch up on stuff. So it's been, it's been relentless. But, but fascinating, and just absolutely loving studying. So it's alright, so one show that I would definitely recommend. It's called halftime on Netflix. And it's, it's a feature on JLo. And it's a fascinating, fascinating piece. And, you know, she's a woman who has been under valued her entire life. And it sort of gives the perspective of how she herself worth was low throughout her career, how she believed all the external sort of ideas about who she was and what her talents were. But I gotta tell you, one of the things that just remarkable about her is her work ethic her her. There's a when she's bringing together the halftime show for the Super Bowl, the creative process, the epiphanies, inspiration, I found that incredibly inspiring. And, but also, it's a story about another woman who's had to work so much harder to be recognised for who she is and what she brings to the world. And there's a burden for women who have to carry that. So I really recommend that everyone watches it male and female. The men need to watch female stuff, too. Because yeah, very powerful. There you go. We are two minutes over. What do you reckon guys? Very well. Yeah. All right. I have so many hours, I still want to say, but I'm going to stop. So to our friends who have been sort of joining us for a while, and I know people watch it at different times and on the rerun or on the podcast, let us know does this work? Is this is this a good? Good idea? Do you guys feel good about it? Feels a bit too quick, but that's okay. Yeah, I think I think for the purposes of getting giving people the information and where to find it. I think it's good. Well, I think it's okay, I think we'll get better. I think we'll get better with the ramblings. We need we need a fourth person to share the links. I can't do that and do this at the same time. So I stopped sharing the links, but yeah, all right. Have a great weekend, everyone. It's really good to see you. It's good to be back. Nice to see you all right, you might already know