Waching daily Jun 26 2018

Hey there.

The Turkish economy is in crisis, and its a great example of how dumb markets can be.

Things have been bad for a while but they got a whole lot worse on Monday May 14th.

President Erdogan announced that he intended to take a larger role in determining interest

rates after he wins this week's election.

And the currency tanked.

When I moved to Turkey in 2011 you could buy a dollar for about one and a half lira, and

today it takes almost 5.

The currency is only one of many problems with Turkey.

It's current account deficit is about 5%.

This means that the economy is tremendously reliant on foreign funding.

This was OK in the easy money years after the 2008 financial crisis, but interest rates

are finally rising in the US and Europe, making foreign money more expensive.Turkish businesses

rely on foreign money to keep operating, and its becoming increasingly clear that many

of them cant pay the money back.

Foreign investors are getting spooked by Erdogan's progressively more Authoritarian government

and the aggressive statements he makes on everything from the currency to his partners

in NATO.

Making it even worse, The Turkish economy is over reliant on massive construction projects

that are largely funded by foreign money as well.

Basically the whole Turkish economy is a house of cards that may finally be about to tip

over.

But there's a weird thing about this.

None of this is new.

Almost everything I mentioned above has been true for five years now.

And folks in the international business community have been aware of the problems with the Turkish

economy for years before that.

But the Turkish economy has managed to tick along regardless, occasionally even putting

up some decent growth numbers.

It's kind of a zombie economy.

The Turkish economy has been tremendously resilient because of that confidence issue

I have been talking about in recent videos.

The world's investors know that the Turkish economy is in terrible trouble.

The Turkish people do not.

Erdogan's government and his allies now control at least 80% of Turkey's media outlets.

If you pick up a Turkish newspaper it's still mostly good news all the time.

When economic problems are mentioned they are blamed on sinister foreign powers.

In the early days of Erdogan s government, back in the 2000s, his government actually

did a pretty good job managing the economy, and now that they have consolidated power,

they won't let anybody talk about how badly they have screwed things up.

To be sure, Turkey's business people, and anybody who can read English, know that there's

a crisis coming, but the bulk of Turkey's people don't know that.

They feel richer than they have ever been, and that's building another large problem.

The average Turk has been convinced to take on an obscene amount of individual debt.

Consumer debt is one of the main reasons the economy has kept ticking over.

The Turkish people are confident that Erdogan will continue to deliver the goods so they

are spending money they dont have.

This has helped stave off the crisis.

The Turkish economy kept growing, so foreign lenders kept on lending money, even though

they knew they shouldn't.

Of course this also means that when the crash comes, it will be so much worse than it would

have been had it happened five years ago.

Confidence is a powerful thing.

The Turkish people's confidence in Recep Tayyip Erdogan has been desperately misplaced.

For more infomation >> Turkey's Zombie Economy | Markets Are Dumb 3 - Duration: 4:17.

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Audio horror story - The book - Duration: 7:39.

For more infomation >> Audio horror story - The book - Duration: 7:39.

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Mitt Romney pursues new path to Washington - Duration: 2:54.

For more infomation >> Mitt Romney pursues new path to Washington - Duration: 2:54.

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The politics of President Trump's travel ban - Duration: 9:12.

For more infomation >> The politics of President Trump's travel ban - Duration: 9:12.

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Runoff election to determine GOP governor nominee - Duration: 2:14.

For more infomation >> Runoff election to determine GOP governor nominee - Duration: 2:14.

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Mandala Drawing Time Lapse With Colorful Sharpies! - Duration: 2:26.

hello

Today's drawing is gonna be of a mandala i'll be using sharpies this time i usually, don't draw with color i've always worked with

Black, and white and i felt that, was my specialty?

but for this i wanted to be a bit creative and try something, new so i start in the center i drew a circle i

Kept repeating patterns and designs and adding a little intricate details where i could

It's a bit of a cross between a mandala and his entangle

there's some floral designs and

plant-like art in it as, well i

kept repeating patterns of leaves and i have some news, about, mays drawing i thought

about trying to beat the world record for the largest hand-drawn maze i

Looked online in the current world record is just over a thousand square feet i?

Feel like i could, beat that easily if i really put the time into it

the guy, that did it

Took, him 41 hours i've done drawings i've taken me hundreds of hours so if i push myself and really put

my mind to it i

Really, truly think i can beat that

If you have any ideas about types of mandalas the draw, any tips you have for it go ahead and let me know

Like to add that into, my drawing and see what i can, make if have any suggestions about, some colors you

Want me to use i can, add those in as, well?

i'm thinking about doing, some drawings of

Animals and making it like a mandala such as drawing the animal

On the paper such as the outline of it and then going in and adding all the details to it if you're

New, to my channel and you're, not sure what type of art to make have a description

About me section on my profile i do all kinds of different art

mandalas zentangle realism sketching portraits i

Do oil, acrylic watercolor i even do a, little bit pastel drawing or even those crayons or cheap art. Supplies

Whatever i have around, me i'll start doodling and drawing with

It doesn't really matter as long as i just get started on something and i can just let

My, creativity flow i always surprised myself, by what i'm able to draw

This drawing only took, me an hour to do i just kept repeating patterns over and over as fast as i could

until i got it done i feel proud of this drawing, because always had a hard time with i

Look, forward to doing more of these so if you see a lot of mandala drawings that are being uploaded it's because of this one

i'll keep making these in

Thank you for watching

For more infomation >> Mandala Drawing Time Lapse With Colorful Sharpies! - Duration: 2:26.

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FNAF Sister Location Napisy PL: Custom Night - Cupcake Challange Walkthrough Part 13 (No Commentary) - Duration: 26:18.

For more infomation >> FNAF Sister Location Napisy PL: Custom Night - Cupcake Challange Walkthrough Part 13 (No Commentary) - Duration: 26:18.

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Its Time for a Montage - High Tunnel Build - The Project List - Duration: 5:50.

hi I'm Mike we have one more day of work left on the high tunnel

we're waiting on doors to come in and then it's time to put on the plastic and

wrap up this portion of the project list on our Wyoming Life

welcome back to the project list we have let the list be taken over by building

of the new high tunnel over the last few weeks there are jobs piling up behind it

and that's not good but then again that's kind of life around here things

seem to take priority and you find yourself out in the shop late at night

trying to make up lost time some projects go on forever well at

least what seems like forever weather time and other jobs sometimes team to

get in the way and the high tunnel project has been a perfect example of

that we started the project over a month ago by breaking ground on a new season

extender for Aaron's gardens giving her a place to further her winter growing

and now as we're at the end of it we can breathe a little sigh of relief make a

final push and get it done we left off last time as we are framing out the end

walls after placing the hoops and tying them all together over the past couple

of weeks we've had more rain slowed us down but now that the weather seems to

have broken and with branding and haines coming up and it's coming up fast

there's no more time to mess around and it's time to buckle down on this

building this is where this video is gonna be a

little bit different I have to get out and get this thing wrapped up we have a

few days of nice weather and frankly I'm tired of it looming over my head so

today you get a montage of getting the end walls up and complete which took a

few days of steady work while you're watching

I'll be out wrapping things up plastic hopefully goes on tomorrow and our next

video which will be out in a couple days will be putting on plastic and getting

the whole thing done thankfully Aaron will be able to start planting in here

and then it's off to the next thing let for now enjoy and I'll be back with you

in a couple minutes and I'll let you in on our next steps

with our windows on this end anyway to let in the late day Sun we're now on our

way to pick up our nine-foot garage doors to be installed on each end then

we can finish closing up the end walls and get our channel installed that'll

actually hold the wiggle wire which oddly enough holds on all the plastic

the end will be free be here for you on Thursday we're gonna put out to put this

monstrosity behind us and well actually not really because this is just the

beginning of a whole lot of work that's gonna take place in the side here but

maybe I can forget about it for a day or two wouldn't that be nice thanks for

coming along once again be sure to join us this weekend as we can't put off

branding any longer we're going to be live-streaming the entire process on

Saturday rain or shine we have a few returning players from last year

including Sam a former ranch hand who's on leave from the Army where he's

stationed in Hawaii you may remember him from last year as he took a hit for the

team I hope to see you then make sure you follow us on Facebook or Instagram

for updates and I apologize for cutting this one short today but I haven't

figured out how to add more hours to the day but when I do you'll be the first to

know we'll see on Thursday for the final venture into the high tunnel building

and until then have a great week and thanks for joining us in our Wyoming

life

For more infomation >> Its Time for a Montage - High Tunnel Build - The Project List - Duration: 5:50.

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PORN - A Websérie | Episódio 05 "UMA PARCERIA BENÉFICA" | Temporada 01 - Duration: 8:57.

For more infomation >> PORN - A Websérie | Episódio 05 "UMA PARCERIA BENÉFICA" | Temporada 01 - Duration: 8:57.

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Prosecutor cites'dirty business' in bribery trial opening statement - Duration: 1:21.

For more infomation >> Prosecutor cites'dirty business' in bribery trial opening statement - Duration: 1:21.

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Report from the Moscow kettlebell sport cup 2009 - Duration: 3:11.

Russian women do not stop to

to get to the new heights even in such

unusual sport disciplines like kettlebell sport,

where even male lifters feel

the rivalry from the

female lifters. However, even the snatch with the 16 kg kettlebell

is not that easy task, but there are a lot of reasons

for girls to like this sport.

Do you what would be the best description for the kettlebell lifters?

"Skiers with the barbell".

It means that you can lift weights

(no matter how heavy they are) for very long.

It the different load for your body.

It's more functional and could be way better than

shorter power work.

And it is interesting. Ten minutes of work

with the 16 kg kettlebell

with one hand switch.

My personal best at the competition is 142 reps.

At the gym -

in more comfortable conditions,

I did 170. And these numbers are not that big.

You can try to make these "not that big" numbers by yourself.

Just take one 16 kg kettlebell

and try to lift it overhead

for 10 minutes.

And at the same time you can help to make this sport more popular,

despite the fact that this sport in not that well known in our country.

Let's ask "why":

It's a good question for our ministry of sports,

tourism and youth policy:

Why they don't support their national sport.

They pay more attention on the Olympics.

Most of these sports are not for our country even because of our climate.

I've recently read an article about the wrestlers

who cried and complained

that in Korea it was possible to make

their national Tae Kwon Do an Olympic sport.

Kettlebell sport is far away from this...

We don't have enough support from the government.

For example, in Moscow

we don't have any sports schools for kids and youth as in other regions of Russia.

Meanwhile, kettlebell lifters from Russia

set the tone for this sport

around the world. And the girls are not an exemption.

I was skying before, and after finishing my career

I have decided to try

because I was physically well prepared

and had enough stamina.

So I tried and stayed in this sport.

It's not scary to lift kettlebells.

The only thing I'm worried about is

about the aesthetics.

You want to look pretty all the time.

That is why I personally feel ashamed when I sweat at the platform.

But the results of hardworking training

are worth it all.

Kettlebell sport is a good alternative to

more popular yoga, pilates, shaping, aerobics.

I was not chasing something modern.

I like this sport. It's a sport for your character, for challenging yourself.

You can develop such a good thing like patience.

Female kettlebell lifters are very beatiful with very nice bodies.

It's more like fitness for us.

They do a lot of movements with their bodies

and we are lifting kettlebells.

By lifting the kettlebells they try to lift their sport

up to a decent level. It's really heavy, but they have a chance.

For more infomation >> Report from the Moscow kettlebell sport cup 2009 - Duration: 3:11.

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Grant Denyer confesses: 'I'm so ashamed' - Duration: 6:29.

 When Channel 10 announced Family Feud had been cancelled, the host of the popular series Grant Denyer took to his radio program to comment on the news

 'We're probably guilty, if anything, of driving it into the ground a little bit too early,' he said in May on his radio program 2DayFM Breakfast with Em, Grant & Ed

'Six days a week, twice a day, plus All Star episodes, we might have squeezed that lemon a little bit too much

' Is this not the saddest sight in Australian television 😔  Later, the 40-year-old television personality told news

com.au that he felt 'so guilty' about those comments that he apologised to Network Ten, and reached out to the CEO and Head of Programming

 Denyer told the publication, 'That's the first thing I said and I hadn't really had the time to find the language to explain why it had been dropped

 I kinda stumbled my way through it and that quote keeps getting brought up and I was starting to feel guilty about it

 'I probably should have found more appropriate words at the time. But you know, there was no other television show that was on as much as our show… it certainly had more rotation than anything else on any network

' Hardest thing I've ever done. Saying goodbye to this. Final records are now done

It saved my career. I've worked with the nicest people in my life. A massive crew who have worked harder than i ever had to make u laugh every night

They put the show before their families, friends & lives. I can't repay that. But I want them to know I love them so much

I've had the absolute best time. Pure magic. You rarely get this chance to have this much fun and make an impact

To the 5000 families who played with us. thank you. Tonight i raise a glass 🥂 never been so happy or thankful

A dream come true.  Denyer hosted the popular show for four years, and revealed he was devastated when it had been axed

 'I was really confused about how to feel at that time,' he told news.com.au. 'I was heartbroken that Family Feud

was going to leave my life because I've had so much fun mucking around with it… I never expected it to be anywhere near as good for me as it has been

'  However, Denyer won't be leaving our TV screens anytime soon.  It was confirmed that the former Family Feud host has officially signed on to host gameshow Game Of Games coming to TEN and WIN later this year

 The US version of the show is currently hosted by Ellen DeGeneres and includes 'super-sized' versions of games that have appeared on The Ellen DeGeneres Show

 Audience members are pulled from the crowd and must go through massive obstacles while answering questions within a time limit to score a cash prize

   Denyer said he was thrilled to be part of the Aussie version. Seeing sun and eating Frosted Flakes are also good answers

😂 #GameofGames   is back for another season, and the Binge List podcast team have plenty to say about the return of Foxtel's hugely popular prison drama

Plus, we talk about Seven's hit reality show , and reveal new details about how  is coming back, in an interview with star Nadine Garner

We also judge the returns of  and , and cast the spotlight on Stan's hidden gem, 

   Listen below, or on iTunes: http://po.st/syE3JF or OMNY: http://po.st/jmKRrQ Ep 9: Wentworth, First Dates, The Blake Mysteries, The Affair & Poldark