Henley is a thoughtful and articulate speaker in this far-ranging discussion: from ‘being in the moment’, creative process and the power of political lobbyists, to challenges of the modern music business.
Don Henley discuses his newest album, “Cass County”.
Here is a direct video link, advance the play bar to 24:10 for the start of the interview.
China is not ending, its growth trends are simply mean reverting following the secular credit boom that pushed global consumption well beyond historical norms between 2001-2011 and allowed many developing economies to leap (temporarily). The world finally hit a debt limit around 2011 and must now ‘payback’ by working financial leverage back down over several years. Mean-reverting prices for assets–commodities, energy, equities, bonds, real estate–and many services–like education, are all par for the course.
Since we can no longer add more credit to ‘afford’ high prices we will have to go back to old fashioned ‘tricks’ like paying off debt, building up savings and finally wage growth for the masses before consumption can start the next secular boom. The credit-fueled consumption boom was a hell of a ride up, but equal and opposite in the other direction should now be expected.
Axiom Capital managing director of research Gordon Johnson discusses China’s economic growth. Here is a direct video link.
The Breakthrough Junior Challenge invites you to share your passion for math and science with the world! Submit a 10-minute video that illustrates a challenging concept or theory of mathematics, life sciences, or physics in an engaging, illuminating, and creative way.
You can explain an age-old theory or concept or a more recent breakthrough discovery, including one made by a Breakthrough Laureate or perhaps even by you! The winner will receive a $250,000 post-secondary scholarship!
Learn more and watch an explanation video with Sal Khan here.
