Latest / Trend Watch / Episode 32: Biden vs. Trump, Macron vs. Le Pen, & China vs. the Philippines
Transcript
- 0:04SPEAKER_00: Ready to take a deeper look at where history, politics, and economics all intersect?
- 0:10SPEAKER_00: Well, then you've come to the right place.
- 0:13SPEAKER_00: Each week,
- 0:14SPEAKER_00: here's where we pull back the headlines and focus on the big trends,
- 0:18SPEAKER_00: the stuff that actually shapes our future.
- 0:21SPEAKER_00: Through the noise, we focus on the signal.
- 0:24SPEAKER_00: I'm your host, Neil Howe, and this is TrendWatch.
- 0:30SPEAKER_00: Today is June 25th, 2024, and this is TrendWatch.
- 0:36SPEAKER_00: Welcome back, everybody.
- 0:37SPEAKER_00: As usual, I have on my fellow analyst, Christian Ford.
- 0:41SPEAKER_00: So, Christian, how was your week?
- 0:43SPEAKER_01: Oh, I had a very good week, Neil.
- 0:45SPEAKER_01: I was down in Smith Mountain Lake,
- 0:48SPEAKER_01: Virginia,
- 0:49SPEAKER_01: which,
- 0:49SPEAKER_01: interestingly,
- 0:50SPEAKER_01: that is the congressional district for Bob Good,
- 0:53SPEAKER_01: who is in the primary race of his life right now.
- 0:57SPEAKER_01: The race was about a week ago, but they still have not declared a winner.
- 1:01SPEAKER_01: He is currently down by 370 votes, and I think they're going for a recount.
- 1:08SPEAKER_01: I'm assuming you didn't go down there just to visit the district, right?
- 1:11SPEAKER_01: No, no, just I had some friends who have a place on the lake there, so just some relaxing times.
- 1:17SPEAKER_01: So this guy is more MAGA than Trump, right?
- 1:21SPEAKER_01: Yeah,
- 1:21SPEAKER_01: he used to be a big Trump guy,
- 1:23SPEAKER_01: but then he actually endorsed DeSantis during the presidential primary because he
- 1:27SPEAKER_01: said Trump was not conservative enough on abortion and gun rights,
- 1:32SPEAKER_01: so Trump was out to seek his revenge and endorsed his primary opponent.
- 1:37SPEAKER_00: Well, yeah, Virginia is really two states.
- 1:40SPEAKER_00: You know,
- 1:40SPEAKER_00: there's Fairfax County and the blue northern part and the southern part is just
- 1:46SPEAKER_00: about as red as West Virginia out here.
- 1:50SPEAKER_01: Right.
- 1:50SPEAKER_00: So that's how I look at it.
- 1:53SPEAKER_01: Really no difference.
- 1:54SPEAKER_01: Yeah, but I got to say, Neil, I feel like you had the more exciting week.
- 1:58SPEAKER_01: You were in Australia.
- 1:59SPEAKER_01: I saw Australian press had some even news articles about your trip.
- 2:04SPEAKER_00: I was in Australia.
- 2:05SPEAKER_00: I was down under.
- 2:07SPEAKER_00: Anyone who goes there, I just hope you don't have jet lag.
- 2:11SPEAKER_00: That's a serious distance, right?
- 2:14SPEAKER_00: It takes a long time to get there.
- 2:15SPEAKER_00: It takes a long time to readjust, waking up at 3 a.m.
- 2:19SPEAKER_00: for a couple nights.
- 2:21SPEAKER_00: But it was great.
- 2:22SPEAKER_00: I met with a lot of business leaders,
- 2:24SPEAKER_00: political leaders,
- 2:26SPEAKER_00: and really got a great sense of what the world looks like from down there.
- 2:33SPEAKER_00: You think about it, if you live in Australia, you...
- 2:36SPEAKER_00: you have to fly 10 hours to get anywhere i mean you know outside of australia you
- 2:42SPEAKER_00: know uh they're used to jet lag um and and you know it's it's it's interesting
- 2:50SPEAKER_00: right uh they're they're sort of isolated i think they look at the change in
- 2:55SPEAKER_00: globalism around the world the increasing uh sort of polarization of the great
- 3:00SPEAKER_00: powers they they look at a lot of uh concern
- 3:04SPEAKER_00: Worry, it's a small country, only 25 million people, really much smaller than California or Canada.
- 3:14SPEAKER_00: And about 10 million of them live in two cities, Sydney and Melbourne.
- 3:19SPEAKER_00: It's growing very rapidly.
- 3:20SPEAKER_00: As we've often pointed out,
- 3:22SPEAKER_00: the last several decades,
- 3:24SPEAKER_00: Australia probably has the largest net immigration rate in the world.
- 3:30SPEAKER_00: So that's another thing you really notice.
- 3:32SPEAKER_00: I've certainly noticed between when I went last time and when I went the time before.
- 3:36SPEAKER_00: There are a lot of Asians living in Australia now.
- 3:39SPEAKER_00: And it's kind of changing the country a little bit.
- 3:43SPEAKER_00: But a very nice place to go.
- 3:45SPEAKER_00: People are very friendly.
- 3:46SPEAKER_00: So anyway, it was a good trip.
- 3:50SPEAKER_00: We are going to,
- 3:51SPEAKER_00: as always,
- 3:52SPEAKER_00: we have an action-packed,
- 3:55SPEAKER_00: I should say,
- 3:55SPEAKER_00: well,
- 3:56SPEAKER_00: action-packed and story-packed podcast today.
- 4:02SPEAKER_00: As usual, I start with our farewells.
- 4:04SPEAKER_00: This is going to be interesting because our first farewell is to Maury Markoff.
- 4:13SPEAKER_00: And his distinction is being the oldest verified living man in the United States
- 4:20SPEAKER_00: until his death last week at age 110,
- 4:22SPEAKER_00: Christian.
- 4:25SPEAKER_00: Think about that.
- 4:27SPEAKER_00: One hundred and ten living to at least one hundred.
- 4:29SPEAKER_00: And then,
- 4:30SPEAKER_00: by the way,
- 4:30SPEAKER_00: classifies you as a super centenarian of which there are roughly 300 to 450 in the world.
- 4:38SPEAKER_00: That's an estimate.
- 4:40SPEAKER_00: These people typically remain free of major age related diseases until nearly the end of their lives.
- 4:46SPEAKER_00: And it's very interesting.
- 4:47SPEAKER_00: This is typical pattern with people who live very long.
- 4:50SPEAKER_00: They go through a lot of diseases and problems and tell up about age 80 and then
- 4:54SPEAKER_00: they kind of just plateau after that.
- 4:56SPEAKER_00: Right.
- 4:58SPEAKER_00: Markov was born in New York City tenement in the year 1914.
- 5:04SPEAKER_00: The child of Jewish immigrants six months before World War One began.
- 5:09SPEAKER_00: The Spanish flu hit when he was age five, killing his older brother.
- 5:14SPEAKER_00: He went on to become a machinist like his father,
- 5:17SPEAKER_00: though he did various odd jobs like selling vacuum cleaners during the Great
- 5:21SPEAKER_00: Depression when no one was hiring machinists.
- 5:24SPEAKER_00: During World War II,
- 5:25SPEAKER_00: he had plenty of work manufacturing ammunition,
- 5:27SPEAKER_00: and he always thought of himself as something of an artist.
- 5:30SPEAKER_00: And late in his career,
- 5:31SPEAKER_00: he became a serious amateur photographer and began building sculptures out of
- 5:36SPEAKER_00: broken pieces of metal.
- 5:37SPEAKER_00: And I think some of these are actually in museums today.
- 5:41SPEAKER_00: Very interesting.
- 5:43SPEAKER_00: You know, he always had passionate interests.
- 5:46SPEAKER_00: Like many Americans of his class and generation, Markov became a political radical during the Depression.
- 5:52SPEAKER_00: He joined the Communist Party USA,
- 5:55SPEAKER_00: joined protests and traveled to Moscow and Leningrad in the early 1950s together
- 5:59SPEAKER_00: with his wife.
- 6:02SPEAKER_00: Although I will say later in the 1950s,
- 6:05SPEAKER_00: also like so many of his peers,
- 6:07SPEAKER_00: Markov grew disillusioned with Soviet socialism.
- 6:12SPEAKER_00: He reached age 65 in 1979, but after passing that, he never seemed to slow down.
- 6:18SPEAKER_00: When asked, he attributed his longevity to regular walking.
- 6:22SPEAKER_00: He and his wife regularly did three-mile walks into their 90s.
- 6:28SPEAKER_00: His diet was mostly vegetarian, he rarely drank alcohol, and he avoided water in plastic bottles.
- 6:35SPEAKER_00: Ah, there's a tie to millennials right there, right?
- 6:38SPEAKER_00: Avoid those plastic bottles, Christian.
- 6:42SPEAKER_00: Yet in other ways, he was an outlier.
- 6:44SPEAKER_00: He was a regular smoker for 30 years before quitting after being diagnosed with
- 6:48SPEAKER_00: throat cancer,
- 6:49SPEAKER_00: which he survived.
- 6:52SPEAKER_00: He also nearly died at age 99 from a heart attack from which he recovered with the help of a pacemaker.
- 6:59SPEAKER_00: Up until nearly the end of his life, Markov retained a remarkably lucid mind.
- 7:04SPEAKER_00: He read the LA Times every morning,
- 7:06SPEAKER_00: discussed current events like the Ukraine war with friends,
- 7:09SPEAKER_00: and posted dispatches about his life and current events on a blog.
- 7:14SPEAKER_00: Among gerontologists,
- 7:15SPEAKER_00: Markov is known as a super-ager,
- 7:18SPEAKER_00: a person over age 80 whose brain seems decades younger.
- 7:22SPEAKER_00: With Markov's approval,
- 7:23SPEAKER_00: his daughter agreed to donate his brain to researchers to see what they can learn
- 7:27SPEAKER_00: by studying it.
- 7:29SPEAKER_00: Upon Markov's deaths,
- 7:30SPEAKER_00: by the way,
- 7:31SPEAKER_00: the title of America's oldest man goes to Vincent Dransfield,
- 7:35SPEAKER_00: born a bit later in 1914.
- 7:38SPEAKER_00: All around the world, the current national record for the oldest living man tops out at around 111.
- 7:45SPEAKER_00: So as you can see, this is sort of a...
- 7:47SPEAKER_00: Sort of a limit up there.
- 7:49SPEAKER_00: The oldest confirmed age of any man,
- 7:53SPEAKER_00: by the way,
- 7:54SPEAKER_00: any man at death was Jiroiman Kimura of Japan,
- 7:59SPEAKER_00: who was born in 1893 and died at age 116 in 2013.
- 8:07SPEAKER_00: Well, you know, we're a demography blog, right?
- 8:09SPEAKER_00: So, you know, we should keep track of this thing occasionally.
- 8:15SPEAKER_00: Not with every time the oldest person changes hands.
- 8:18SPEAKER_00: But I think it's interesting to keep in mind how far back, right, our living memory goes.
- 8:26SPEAKER_01: Right.
- 8:27SPEAKER_00: The two others here are tremendous sports figures who passed away last week.
- 8:33SPEAKER_00: And obviously, a lot of you have heard the news.
- 8:37SPEAKER_00: Willie Mays,
- 8:38SPEAKER_00: the slugging outfielder nicknamed the Say Hey Kid and one of the very best all
- 8:44SPEAKER_00: around baseball players ever to play the game.
- 8:46SPEAKER_00: He died last week at age 83.
- 8:50SPEAKER_00: Mays was born in 1931 and raised by his father's family during the Great Depression
- 8:56SPEAKER_00: in a black company town in Alabama.
- 8:59SPEAKER_00: He excelled in pretty much every sport in school.
- 9:02SPEAKER_00: And at age 18,
- 9:04SPEAKER_00: even before graduating high school,
- 9:06SPEAKER_00: Mays played baseball one year for the Birmingham Black Barons of the Negro American League.
- 9:14SPEAKER_00: Mays single-handedly helped the Barons advance to the 1948 Negro World Series,
- 9:20SPEAKER_00: which instantly attracted interest by the major league teams,
- 9:24SPEAKER_00: which are now beginning to sign black players.
- 9:27SPEAKER_00: In 1950, the Brooklyn Giants signed him, and in 1951, coach Leo DeRocher called him up to start.
- 9:35SPEAKER_00: And as you can imagine, he was overwhelmed by all the famous players and coaches he didn't know.
- 9:39SPEAKER_00: And so he is said to have blurted out, say who, say what, say where.
- 9:43SPEAKER_00: And from that, he got the name Say Hey Kid.
- 9:48SPEAKER_00: And they made songs about that.
- 9:49SPEAKER_00: You can go.
- 9:50SPEAKER_00: Actually, it's wonderful in the 1950s.
- 9:53SPEAKER_00: A lot of the fanfare surrounding Willie Mays.
- 9:56SPEAKER_00: Mays started for the Giants.
- 9:59SPEAKER_00: almost always at center field for the next 22 years.
- 10:02SPEAKER_00: Until 1957, they were the Brooklyn Giants, and thereafter they were the San Francisco Giants.
- 10:09SPEAKER_00: In 1972, Mays was traded to the New York Mets, where he played for two years before retiring.
- 10:15SPEAKER_00: By then,
- 10:16SPEAKER_00: in his early 40s,
- 10:17SPEAKER_00: Mays' knees were giving out,
- 10:18SPEAKER_00: which persuaded him reluctantly to retire in 1974.
- 10:23SPEAKER_00: During those 22 years on the Giants,
- 10:25SPEAKER_00: Mays established a reputation as possibly the best complete baseball player that
- 10:30SPEAKER_00: coaches and fans had ever seen.
- 10:33SPEAKER_00: He was, first of all, Christian, he was a slugger.
- 10:37SPEAKER_00: By the time he retired, he held the National League record for career runs scored.
- 10:42SPEAKER_00: He was third in home runs,
- 10:44SPEAKER_00: third in runs batted in,
- 10:46SPEAKER_00: third in total bases,
- 10:47SPEAKER_00: third in extra base hits,
- 10:49SPEAKER_00: and he was fifth in slugging percentage.
- 10:52SPEAKER_00: But that's not all.
- 10:53SPEAKER_00: He had speed on the bases.
- 10:54SPEAKER_00: He led the league in stolen bases four times and was the first player to hit 30
- 10:59SPEAKER_00: home runs and steal 30 bases in the same season.
- 11:03SPEAKER_00: And this still isn't all.
- 11:05SPEAKER_00: He was a brilliant center fielder who won 12 consecutive Golden Glove Awards.
- 11:10SPEAKER_00: He could catch a ball in center field and throw a strike to home plate.
- 11:15SPEAKER_00: And who can forget the catch?
- 11:17SPEAKER_00: This happened in game one of the 1954 World Series when Mays ran toward the wall as
- 11:25SPEAKER_00: fast as he could and caught a deep fly ball over his shoulder without looking back.
- 11:31SPEAKER_00: And then he turned around and rocketed the ball back to the infield to prevent one
- 11:35SPEAKER_00: of the runners from advancing.
- 11:37SPEAKER_00: And if you haven't seen it, you should look it up on YouTube.
- 11:41SPEAKER_00: It is one of those spectacular moments.
- 11:44SPEAKER_00: Over his career,
- 11:46SPEAKER_00: Mays was an all-star 24 times,
- 11:48SPEAKER_00: tied behind Hank Aaron for the second most all-star appearances in Major League history.
- 11:55SPEAKER_00: And when we think about all of his records, keep this in mind.
- 11:58SPEAKER_00: Just as he was rising to dominance in 1952 and 1953,
- 12:02SPEAKER_00: Mays had to take two years out of baseball to serve in the armed forces like
- 12:07SPEAKER_00: everybody else.
- 12:08SPEAKER_00: Something later young players never had to think about.
- 12:11SPEAKER_00: And you have to wonder...
- 12:12SPEAKER_00: what would those extra two years have done to his numbers?
- 12:16SPEAKER_00: You know what I mean?
- 12:16SPEAKER_00: Or maybe,
- 12:17SPEAKER_00: you know,
- 12:17SPEAKER_00: also the wins in Candlestick Park,
- 12:21SPEAKER_00: you know,
- 12:21SPEAKER_00: maybe that he would have had more home runs.
- 12:25SPEAKER_00: Any number of players like Stan Musial and managers like Yogi Berra said that
- 12:31SPEAKER_00: Willie Mays was the best baseball player they had ever seen.
- 12:35SPEAKER_00: Fans loved to see Mays just practice.
- 12:37SPEAKER_00: There was something magical in the
- 12:39SPEAKER_00: power, sort of effortless power of his movements.
- 12:44SPEAKER_00: Over time, Mays also became a fan favorite due to his exuberant personality.
- 12:49SPEAKER_00: He just looked like he was always having a great time playing the game.
- 12:53SPEAKER_00: Fans sometimes called Mays a natural,
- 12:55SPEAKER_00: meaning that everything about baseball came to him effortlessly,
- 12:57SPEAKER_00: but coaches who knew him said that Mays always did his homework.
- 13:01SPEAKER_00: He knew before every game what the opposing pitcher's best throw was and where each
- 13:06SPEAKER_00: of the opposing batters was likely to hit the ball.
- 13:10SPEAKER_00: Mays came into the majors only four years after Jackie Robinson,
- 13:15SPEAKER_00: and he may have been a key figure in winning white fans over to black players when
- 13:19SPEAKER_00: there still weren't many of them.
- 13:21SPEAKER_00: Robinson,
- 13:22SPEAKER_00: a prickly and more ideological spokesman on civil rights,
- 13:26SPEAKER_00: criticized Mays later on in the 1960s for not speaking out enough,
- 13:31SPEAKER_00: and Mays' response was pretty typical.
- 13:34SPEAKER_00: He said,
- 13:35SPEAKER_00: I'm a ballplayer.
- 13:36SPEAKER_00: I'm not a politician or a writer or a historian.
- 13:40SPEAKER_00: I can do best for my people by doing what I do best.
- 13:44SPEAKER_00: And what he did best, obviously, was showing off his infectious love of the game.
- 13:49SPEAKER_00: After retiring,
- 13:51SPEAKER_00: Mays stayed on with the Mets for a while as a hitting coach and with the MLB as a
- 13:56SPEAKER_00: public ambassador.
- 13:57SPEAKER_00: But he really wasn't much interested in doing anything with baseball other than play it.
- 14:01SPEAKER_00: The Giants retired as number 24 in 1972.
- 14:05SPEAKER_00: And when they opened their new Oracle Park Stadium in 2000,
- 14:10SPEAKER_00: they made sure its address was 24 Willie Mays Plaza.
- 14:15SPEAKER_00: And in front of the main entrance stands a giant nine-foot statue of the Say Hey Kid.
- 14:22SPEAKER_00: So there you go.
- 14:23SPEAKER_00: Willie Mays, gone at age 93.
- 14:25SPEAKER_00: And remarkably, another great in sports.
- 14:31SPEAKER_00: You know,
- 14:32SPEAKER_00: I normally don't try to do many sports players on this,
- 14:35SPEAKER_00: but,
- 14:35SPEAKER_00: you know,
- 14:36SPEAKER_00: let's think about Jerry West for a second.
- 14:40SPEAKER_00: Jerry West, the all star guard for the L.A.
- 14:44SPEAKER_00: Lakers and one of the most iconic NBA players in an era when professional basketball was still popular.
- 14:51SPEAKER_00: Still just a marginal sport.
- 14:53SPEAKER_00: Well, he died last week at age 86.
- 14:58SPEAKER_00: West had an interesting life.
- 15:00SPEAKER_00: He was born in 1938, grew up in a small coal mining town in West Virginia.
- 15:05SPEAKER_00: His childhood was Christian Catholic.
- 15:08SPEAKER_00: Rough.
- 15:09SPEAKER_00: Let's just put it that way.
- 15:11SPEAKER_00: You can imagine a coal mining town in West Virginia.
- 15:15SPEAKER_00: He had a father who often physically beat him and a mother who sometimes whipped him.
- 15:20SPEAKER_00: As a teen, he told his father at one point that if you touch me again, I'm going to kill you.
- 15:25SPEAKER_00: and took to putting a loaded shotgun under his bed.
- 15:28SPEAKER_00: This was later on when he was sort of giving his autobiography.
- 15:32SPEAKER_00: He grew up shy,
- 15:33SPEAKER_00: introverted,
- 15:34SPEAKER_00: and anxious,
- 15:35SPEAKER_00: and prone to depression after learning that his older brother,
- 15:38SPEAKER_00: with whom he was very close,
- 15:40SPEAKER_00: had died in Korea.
- 15:42SPEAKER_00: He began to put all that energy and focus into the one thing he was good at, playing basketball.
- 15:47SPEAKER_00: He played small forward on his high school team and was named All-State from 1953 to 1956.
- 15:53SPEAKER_00: He was All-American in 1956 when he became West Virginia's first high school player
- 15:59SPEAKER_00: to score more than 900 points in a season.
- 16:02SPEAKER_00: His signature weapon...
- 16:05SPEAKER_00: which lasted through his career, was a lightning fast mid-range jump shot.
- 16:09SPEAKER_00: West was a white guy with jump.
- 16:12SPEAKER_00: At 6'2", he could reach 16 inches over the rim when he went up.
- 16:17SPEAKER_00: So, you know, and by the way, I should say, I remember watching both Willie Mays and
- 16:23SPEAKER_00: Jerry West when I was a kid because I grew up in the Bay Area in San Francisco.
- 16:28SPEAKER_00: So obviously saw Willie Mays and Candlestick Park and saw West because the Warriors
- 16:33SPEAKER_00: were always playing the Lakers.
- 16:34SPEAKER_00: Right.
- 16:35SPEAKER_00: So so he was, you know, as part of my childhood.
- 16:39SPEAKER_00: At West Virginia University in Morgantown in the late 1950s,
- 16:43SPEAKER_00: Wes continued his record-breaking performances.
- 16:46SPEAKER_00: He regularly led all scorers and rebounders in West Virginia games and to this day
- 16:51SPEAKER_00: holds 12 West Virginia University all-time records.
- 16:55SPEAKER_00: He played on the 1960 Summer Olympics game in Rome, back when it was amateurs only, and helped the U.S.
- 17:01SPEAKER_00: team win the gold medal.
- 17:04SPEAKER_00: In 1960, he was drafted by the Lakers.
- 17:06SPEAKER_00: In the year they relocated from Minneapolis to L.A.,
- 17:10SPEAKER_00: he played there for 14 years and made the NBA All-Star team nearly every year.
- 17:15SPEAKER_00: In 1965,
- 17:16SPEAKER_00: he scored 46 points per game in a playoff series against the Bullets,
- 17:21SPEAKER_00: a record that still stands.
- 17:24SPEAKER_00: That's pretty good for a series.
- 17:26SPEAKER_00: You have to admit.
- 17:27SPEAKER_00: Early on, he was Mr. Outside playing with forward Elgin Baylor as Mr. Inside.
- 17:34SPEAKER_00: And with Weston Baylor,
- 17:35SPEAKER_00: the Lakers regularly won the Western Championship but lost out on the finals to the
- 17:39SPEAKER_00: Boston Celtics.
- 17:41SPEAKER_00: That began to change in 1968 when the Lakers traded for Wilt Chamberlain,
- 17:46SPEAKER_00: finally giving them a center that could stand up to Bill Russell.
- 17:50SPEAKER_00: In 1972, the Lakers finally won the finals and West was voted MVP of the series.
- 17:55SPEAKER_00: And West said afterwards, at last, this is my first championship since high school.
- 18:01SPEAKER_00: And he retired two years later.
- 18:04SPEAKER_00: But his career, for many of you know that the history of the Lakers was not over.
- 18:09SPEAKER_00: He went on to coach or manage some of the NBA's greatest boomer and extra stars.
- 18:14SPEAKER_00: For three years in the mid 1970s,
- 18:16SPEAKER_00: he coached a Lakers team anchored by the superstar center,
- 18:21SPEAKER_00: Kareem Abdul-Jabbar.
- 18:23SPEAKER_00: We knew him at the time as Lew Alcindor.
- 18:26SPEAKER_00: And then after coaching, he was the Lakers general manager during the 1980s and 90s.
- 18:33SPEAKER_00: This was the Lakers' showtime years of real glory with Magic Johnson and Abdul-Jabbar.
- 18:38SPEAKER_00: West Lakers won five championships in the 1980s.
- 18:42SPEAKER_00: And then toward the end of the 1990s,
- 18:44SPEAKER_00: when coach Pat Riley was replaced by Phil Jackson,
- 18:48SPEAKER_00: he signed on Kobe Bryant and Shaquille O'Neal and laid the foundations for the
- 18:52SPEAKER_00: Lakers' three-peat championships in 2000,
- 18:55SPEAKER_00: 2001,
- 18:55SPEAKER_00: and 2002.
- 18:59SPEAKER_00: West had many nicknames.
- 19:01SPEAKER_00: He was Mr. Inside.
- 19:02SPEAKER_00: He was Zeke from Cabin Creek,
- 19:05SPEAKER_00: so named because his West Virginia accent was so strong when he first arrived in LA
- 19:11SPEAKER_00: that players had a hard time understanding him.
- 19:13SPEAKER_00: He was also Mr. Clutch, famous for sinking game-winning shots.
- 19:18SPEAKER_00: Everyone noticed his intense work ethic.
- 19:21SPEAKER_00: Bill Russell, who played against him so many times, called West the greatest player in the game.
- 19:26SPEAKER_00: He also came to be known as Mr.
- 19:28SPEAKER_00: Logo since the player silhouette shown in the NBA logo was widely acknowledged to
- 19:34SPEAKER_00: be drawn from an image of West driving to the basket.
- 19:37SPEAKER_00: He was shy yet moody, not an easy person to be around.
- 19:41SPEAKER_00: In his later years as a coach and manager, he often vented on the younger players.
- 19:46SPEAKER_00: This was no doubt due to his brutal, no-excuses childhood, but
- 19:50SPEAKER_00: which later on led him to be as critical of others as he was always hard on himself whenever he failed.
- 19:58SPEAKER_00: Jerry West,
- 19:59SPEAKER_00: the silent generation's clean-cut,
- 20:01SPEAKER_00: hard-working gift to the NBA during its early days,
- 20:05SPEAKER_00: gone at age 86.
- 20:08SPEAKER_00: Well,
- 20:08SPEAKER_00: as always,
- 20:09SPEAKER_00: let me remind you,
- 20:10SPEAKER_00: if you like this podcast,
- 20:11SPEAKER_00: please go ahead and share it with your friends and family.
- 20:14SPEAKER_00: Repost it on social media.
- 20:16SPEAKER_00: From now on, only some episodes will remain free.
- 20:19SPEAKER_00: And Christian,
- 20:20SPEAKER_00: as always,
- 20:21SPEAKER_00: I think we should take a moment to clarify to listeners that this podcast isn't all
- 20:25SPEAKER_00: we do on Substack,
- 20:26SPEAKER_00: but that we also put out a lot of written content under the name of Demography Unplugged.
- 20:33SPEAKER_01: That's right, Neil.
- 20:34SPEAKER_01: You know, I always recommend to our listeners, go check out some of our recent written work.
- 20:38SPEAKER_01: We last week did a by the numbers piece where we always look at the recent
- 20:43SPEAKER_01: demographic news and some really fascinating statistics out of Mexico.
- 20:48SPEAKER_01: We got a TFR for 2020 through 2022.
- 20:52SPEAKER_01: They always give their TFR in these three year spans,
- 20:55SPEAKER_01: but it came in at 1.60,
- 20:58SPEAKER_01: which is the first time Mexico's TFR has been below the U.S.,
- 21:03SPEAKER_00: Well, I'll say.
- 21:04SPEAKER_00: I mean, that was a stunner.
- 21:06SPEAKER_00: And it's way below what the World Bank is now estimating,
- 21:10SPEAKER_00: and I'm sure what the UN,
- 21:11SPEAKER_00: too,
- 21:11SPEAKER_00: has been estimating.
- 21:13SPEAKER_00: Right.
- 21:13SPEAKER_00: The World Bank estimated 1.8 in 2022.
- 21:17SPEAKER_00: Exactly.
- 21:17SPEAKER_00: So,
- 21:18SPEAKER_00: in other words,
- 21:18SPEAKER_00: it's yet one more indication of how rapidly and unexpectedly some of these total
- 21:24SPEAKER_00: fertility rates are plummeting around the world.
- 21:27SPEAKER_00: That one, to me, is a real shocker.
- 21:28SPEAKER_00: You know, you see all this immigration from Latin America,
- 21:31SPEAKER_00: And everyone thinks, well, the birth rate's much higher, you have an excess of young people.
- 21:35SPEAKER_00: People aren't aware of the fact that practically every country,
- 21:40SPEAKER_00: there may be a couple of poor exceptions like Honduras,
- 21:43SPEAKER_00: but practically every country in Latin America is now under the replacement rate.
- 21:47SPEAKER_00: And some of these countries, I mean, Mexico is an example, where it is really falling fast.
- 21:52SPEAKER_00: And for Mexico, again, to be falling faster than the United States, right?
- 21:58SPEAKER_00: What's the U.S.
- 21:59SPEAKER_00: right now? 1.6%.
- 22:03SPEAKER_00: I think it's a little bit lower, 1.63.
- 22:04SPEAKER_00: Oh, because it went down a couple of years.
- 22:10SPEAKER_00: But anyway, that was remarkable.
- 22:14SPEAKER_00: So let's get into today's podcast.
- 22:16SPEAKER_00: As always, we have a huge amount to talk about.
- 22:18SPEAKER_00: First, we got market news.
- 22:20SPEAKER_00: As usual, we'll be covering stories from around the world.
- 22:25SPEAKER_00: Just looking ahead to our stories,
- 22:29SPEAKER_00: you know,
- 22:29SPEAKER_00: the big one,
- 22:30SPEAKER_00: I suppose,
- 22:30SPEAKER_00: on Thursday,
- 22:31SPEAKER_00: we're going to be seeing the first presidential debate,
- 22:34SPEAKER_00: which will be held in Atlanta and hosted by CNN.
- 22:37SPEAKER_00: What should we be looking for?
- 22:40SPEAKER_00: The CBO has updated its 10-year economic and fiscal outlook,
- 22:44SPEAKER_00: and it's a lot of red ink as far as the eye can see.
- 22:49SPEAKER_00: That's my brief summary.
- 22:51SPEAKER_00: U.S.
- 22:53SPEAKER_00: Surgeon General Vivek Murthy recommends warning labels on major social media sites
- 22:59SPEAKER_00: for their negative effects on teen mental health.
- 23:05SPEAKER_00: abroad with the final numbers in for the EU parliamentary elections.
- 23:10SPEAKER_00: What are the aftershocks for Europe and in particular for France?
- 23:14SPEAKER_00: Last week,
- 23:15SPEAKER_00: Putin visited North Korea,
- 23:17SPEAKER_00: where he signed a formal defense pact with Kim Jong-un and Vietnam,
- 23:22SPEAKER_00: where he has been trying to undermine recent Vietnamese agreements with the U.S.,
- 23:27SPEAKER_00: And finally,
- 23:28SPEAKER_00: tensions continue to rise between China and the Philippines over the second Thomas Shoal,
- 23:35SPEAKER_00: with open violence leading to worries about possible U.S.
- 23:38SPEAKER_00: involvement.
- 23:39SPEAKER_00: So we got a lot to talk about.
- 23:41SPEAKER_00: And so it's over to you, Christian, for our markets.