Welcome to This Week’s Leyendecker View
The older you get, the more you realize it’s not what happens to you,
it’s how you deal with it.
– Tina Turner, RIP
A WEEKLY BIG THINK
Social media is the majority of media consumption. And people have lost control. The algorithms are in control of everything you see. And the algorithm has been told to maximize your view time. For thousands of years as human beings, the progress of the species has been about overcoming our basest instincts. And what the algorithm has figured out is how to play to your primal instinct. It’s anger, greed, all those things that for thousands of years we’ve tried to basically work to suppress, and support the better angels of our nature. And now we have one of the biggest, most profitable business models in the world and it is deeply embedded in this business model to prey upon the darkest aspects of human nature.
Why isn’t Washington doing something about this?
THE ECONOMIC VIEW
Record number of Americans
Feel worse off economically.
Global shipping container demand collapses
Not a great economic sign.
THE INFLATION BOGEYMAN
Copper prices fall
As global demand drops sharply.
Why inflation happened
Top economists tell the story.
A possible “can tax”
Could raise lots of prices.
THE LABOR VIEW
Philosophy majors make big bucks
What? Why? Because they’re smart.
More US women are working
Than ever before.
Employees don’t mind the office.
But they hate the commute
MEANWHILE IN EUROPE
German exports to China plunge
The industrial juggernaut has a problem.
Europe faces a food shock
A fragile economy is under yet more pressure.
Poland will soon be richer than the UK
Claims a famous UK financier.
Is the G7 done leading the world?
I think not.
Schizophrenia at the IMF
Bogged down by old ideology.
Poor countries on brink of collapse
Yet they owe China billions.
A TRIP TO ARGENTINA
Argentine inflation exceeds 100%
A 2,000 peso note is worth $4.
Be glad you don’t live there.
Interest rates just hit 97%
Argentina wants to be a global oil power
Can they get past an inept government?
PLAYING WITH FIRE
Tactical nukes headed to Belarus
What’s NATO’s counter play?
Frozen Russian money in the EU
Could end up in Ukraine’s hands.
THE NEW COLD WAR
Russia lobbies India for help
They’re afraid of economic isolation.
Russia and Iran
Have high hopes for each other
Strategic acquisitions are the new game
As PE investors back off.
THE REAL ESTATE
Are things going to get worse for real estate?
Morgan Stanley says yes, BofA says no
Lessons from a renters’ utopia
There’s an alternative to owning.
Musk’s Neuralink gets FDA approval
To start testing in humans.
China is way in the lead
In the patent race.
THE CHAT ON AI
Playing with DAN, a ChatGPT plugin
It unchains the bot’s moral and ethical restrictions.
Dr. GPT will see you now
Ways AI will change health care.
THE NEXT NORMAL
Puerto Rico is the next Florida
For the super wealthy.
Texans about to get big tax cut
Legislature pulls back property taxes.
THE WAR ON CARBON
G7 disappoints on climate progress
Is economic reality setting in?
Fossil fuel firms owe $209B A YEAR
In climate reparations, suggests study.
THE NUCLEAR SOLUTION
An update on nuclear energy
60 plants being built worldwide, plus more news.
New York closed its nuclear plant
And now it depends more on fossil fuels.
Fusion! Fusion! Fusion!
What does its future look like?
THE NEW ENERGY TRANSITION
Generating electricity from air
Has been accomplished in a lab.
The wind turbine industry should be booming
But it’s not, why?
THE EV DREAM
Watch out for Hyundai
Are they the next Tesla?
Ford cuts a deal with Tesla
To use their Superchargers
THE CHINA SYNDROME
Beijing bans US’ Micron
The chip war in real time.
China is hacking US infrastructure
This certainly won’t help relations.
Chinese labs producing fentanyl
And getting paid in crypto.
SCOTUS reins in the EPA
Bureaucrats get put on a leash!
US House is not China friendly
Will productive relations ever return?
Details of a potential debt deal
Will it stop runaway spending?
MAKING A BETTER YOU
To be successful
You need to fail 16% of the time
Teach your kids “the growth mindset”
Teach yourself, too.
The longest living people in the world
Share these four habits
HOW ABOUT A BREAK
Our stone age ancestors
Were masters of geometry
Orcas are sinking boats
And teaching other Orcas to do it.
IT’S VACATION TIME
The best places to travel in June
Time to get after it!
Should you ever vacation solo?
Yes, and here’s why
If you have three weeks to spare
Here’s a Europe Interrail route guide
SONG OF THE WEEK
CASTING AROUND THE PODS
The Loneliness Epidemic
Scott Galloway chats with the US surgeon general.
VIDEOS OF THE WEEK
Killers of the Flower Moon
Scorsese and DiCaprio team up yet again.
Inuit women play a musical game
That’s been around for centuries.
FROM THE HEADHUNTER’S KITCHEN
Got yourself a nice outdoor grill?
Now you need a griddle
Summer berries are yammy!
Here are some recipes
Try Japanese ice cream, Byakuya.
It’s only $6,000 a scoop
Huge numbers of young people are trying to get into the United States. For all our faults, we remain the land of opportunity for the globally oppressed.
The American Dream still exists, yet it sometimes seems the only people who still believe in it are those trying to get into America.
The banking crisis is over, according to some top bank executives. Are they trying to jawbone their way out of a crisis?
A funny sign I recently passed on the highway: “The older I get, the better I remember things that really never happened.”
And then just yesterday, I saw this message on the back window of a pick up truck: “I started without nothing and I still have most of it left.” Huh?
It shocked me to see the other day that up to 500,000 people die each year in Sub-Saharan Africa from fake medicine—500,000 people a year? WTF!!! How many people is climate change killing each year?
Ford’s CEO has promised an EV so fast, he’s calling it a “personal bullet train.” Now why do we even need to go that fast? Are we going to build highways fit for EVs traveling at bullet-train speed?
If someone came out with a $15,000 quick charging commuter EV, I think they’d slay the market.
British Telecom expects AI will replace up to 42% of its workforce. Lovely future.
Does all innovation always improve human existence?
IN CASE YOU MISSED IT
Will AI Replace McKinsey?
May 19, 2023
Can the US Become the Next China?
May 12, 2023
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