It's the .NET community roundup with Scott Hanselman and John Galloway. Hello guys! Hello! Hey. Yeah, wow. I'm afraid to push any buttons now. I know. Good job. I pour a poured. It's all good. Well, fortunately, we have just one laptop between us. Yes, we only had the budget for one laptop. We've been using most of our budget on things like apparently the folks during the .NET conf party have been getting drunk on peeps. And if you're not from America, you can learn about peeps candy. They're just a trash candy. They're not good. They're not good for you. But you can't stop eating them. Once you eat one, then you're like maybe another one would make it better. That's an addictive chemical. That's not good. Cool. So we've got a couple of different things to share with you. We've got a lot. So a community roundup is kind of like a roundup of a bunch of stuff. One thing is we've got these amazing, we've got, it's so cool watching these things. We had some added like today and yesterday. So 217 worldwide. It's great looking around the world. It was fun. We were noticing like a lot through Africa. I mean like all around the world is cool watching them pop up. We're getting a lot more .NET user groups, a lot more .NET conf local viewing parties. And we point out South America, Africa, all over Asia. We're getting a lot more folks getting involved. We want to make it as easy as possible for you to put together a user group. So there's a couple of things going on here. Of course, these are .NET conf local viewing parties, local get-togethers. But you can put together a user group. We've set up the .NET foundation paperwork here for you to make your own user group, right? Yeah, yeah. So this, we've got these .NET meetups. And then meetup has this thing with a whole meetup pro. What's cool with that is it's an organization where you can join that, we'll pay your fees. And then also we can send messages out to all the meetups. And we can say, hey, we got this thing coming up. We've got .NET conf local. You want in, fill out this little form and we'll send you swag. So we sent all these hundreds of events worldwide. We sent them stuff around the world, which is pretty neat. So this is, I mean, this is, we're up to 62 countries now. Almost a quarter of a million members. So if there is not a meetup near you, why not make one, right? A meetup doesn't have to be 300 people that meets every week, right? It could be a couple of dozen people that meet once a month. And some cool ones are ones like in a company. So, you know, it's just, you work in a dev shop and maybe there's, you know, 50 devs or whatever, start a meetup there, you know? So yeah, there's a link over here on the side where it says add .NET meetup. Or you can just ping me or ping .NET foundation on Twitter and we'll get you out of it. And there's a lot of value in this. You hear people saying, well, maybe this is a good opportunity for you to become a technical speaker. In fact, I think it's actually a really good opportunity to learn because when you can speak about a topic, you actually learn more about it because you prepare for the talk. So to your point about giving presentations to your local and or your internal company, having a brown bag and just presenting on what you're doing is a great opportunity to kind of flex that muscle inside of you about how to explain a topic clearly, how to build a story arc. Yeah. It makes you a better engineer. Absolutely. I mean, that's how I got started with technology and presentations was going to my local user group, watching some and then signing up for a little 10-minute lightning talk and my machine crashed and I got through it and then I just kept practicing, you know? And that, I mean, it's really fun to, and then, you know, to be able to, once we've got these local events, to be able to do cool stuff like this. Yeah, so definitely reach out. If there's anything that any of us can do at the .NETConf hashtag, at the foundation, at Microsoft to get you started with a user group, whether it be an internal or an external one, you let us know and we'll do the best we can to support you. And one thing that we do as part of that is we have this presentations in a box thing. So you'll see today we've been, as the speakers leave after they finish their presentation because you know presentation, they're updating their stuff right up to the last minute, right? So we've been dropping them all in here. They're .NETConf 2019. These are all the ones from there. We also have some workshops and you can see like the ASP.NET Core for Beginners was updated today. All of these, the Blazer and the ASP.NET Core app workshop have updates for .NET Core 3 on different branches. So those are actively updated by the product teams. And when we say presentations in a box, we're literally saying here it is, ready to go. You could go and present a full week on ASP.NET and structure that week however you wanted to do it. You could do this in an afternoon. It just depends on how you want to stress that out.  And as far as .NETConf is concerned, if you wanted to present some of the content that we've just done in your local language, do that. Grab the slides. We'll try to give you all the slides. We'll give you all the code and all the support. And then you could go and present that to maybe to people who didn't get a chance to see .NETConf. And if people do that in their own language, like let us know and we can help like get the word out for you. Right. Now a little trick that I do is all these kinds of things, like for instance .NETConf, you've seen Blazor Talks presented by like Dan Roth. Or you've seen the keynote presented by Scott Hunter. You can grab these slides. You can watch the video and practice. And I do that. Like I'll say, hey, I'm giving a Blazor Talk. Let me see, you know what I mean? And it's great structure. It's a great place to start with. And then make it your own. You can feel free to take any of these, fork them, change them, update them. And then if you have a workshop, if you've created something, share it with us because we also put in eBooks and third-party workshops. Yep.  This one, Doty, is built 250 plus. I think it's almost 300 now as PNET core samples. And he just shares those out and regularly lets us know as he updates them. This one here, this eBook here, Shahad's built this out. And this was built out of weekly blog posts. And he wrote an entire book. And he's just given it away as a PDF. And we had him on the ASP.net community stand-up to talk about it. And it's just really cool to see, you know? So we try and share out what the community is doing and these different links they make available. And one thing I want to point out as well is that just because you're maybe not an expert or you're just learning, I'm still learning, you're still learning, even though we're making the product, we're still learning. Don't feel like you can't blog or write an eBook or get involved because you don't necessarily know the topic fully. You know your experience. You know how you have found it. So blog about your feelings about it. Blog about how it, you know, this is how we implemented ASP.net in our company. And this is how our migration to.net core went down. Here's what worked. Here's what didn't. Because your story, your unique experience is worth blogging about. And if you turn it into something like an eBook, we will definitely try to get the word out about it. And some of the best learning I've done is when I blogged, here's something I think I've learned and someone says, that's pretty good, but did you know about this? And then it's like, oh, wow. I could, you know what I mean? And it's a great way to reveal ways where you can improve even more. Absolutely. So one thing, speaking to learning, this is amazing. Yeah. So this is something we've been working on very, very hard and we're very proud of this. You can actually get to this from a short URL, which is dot.net. So DOT.net slash videos. That's our short URL. And it'll redirect you here. You can also go to dot.net and click on learning. It's under videos. And what this is is a series of videos exclusively for beginners. So you have to ask yourself, what does that mean? How beginner is beginner? Are we talking about 10-year-olds? Are we talking about people with some understanding? We try to go right down the middle because we feel that there are people who are learning software in college and there are people who are learning software in boot camps. And sometimes they don't necessarily get the big picture. They'll get the full picture. So what we try to do is put together a kind of a Mr. and Mrs. Rogers neighborhood style, slow-moving, friendly, on-ramp, into dot.net. A lot of times we find ourselves speeding through File New Project, right-click deploy. Look, it worked. Okay, everybody, go, go, go. This is 101 content. I think a lot of our previous 101 content was really 201 content. Yeah. If you're not familiar with that nomenclature in universities in the U.S., of course you have first year of university, second year of university. This is very much first year. So I want you to check it out. C-Sharp 101 really just talks about the language, like literally down to the keyword. Not even thinking about dot.net. I really liked watching these, the way that you built them up in a friendly way. And it takes a conscious effort to do that, right? Because it's very easy to focus on it. Here's what I know. I want to show off this new thing. But stepping back to the level of explaining a concept and doing, now's the right time. Let's talk about what is this using thing here? What is that? So I really feel like the approach you did here was, they're fun to watch. I appreciate that. And what was great was that we partnered everybody up here. We partnered everyone up to get a different perspective on what was going on. So if I use an acronym that maybe someone doesn't know, that my partner goes and says, well, hang on, what does that mean? There were a couple of times in the dot.net one where Kendra said, well, wait, what's this mean? Or I said, hang on, let's do a whole video on Just Hello World. And we had a lot of fun. And these are, I think there's about 80 or 90 videos that we did. They're very short. You know how they say that you could make one nine-hour video or you could make 90, 10-minute videos. These are the ones that you can binge on. They're actually up on YouTube. They are also on Channel 9. So if YouTube is not available at your work or in your country, I want to make sure that we're going to, we do recognize that we will have alternative downloads for everybody as well as being able to download them all offline. So check those out. Those are our 101 videos. Dot.net slash videos. So speaking of the dot.net things that are new, we also added dot.net stand-up. So this is the ASP.net and dot.net community stand-up. We used to have it was live.asp.net. And we didn't have a good kind of central place for doing, for seeing all the different stand-ups. So we do because we've added in like Xamarin, we've added in desktop, all these, all these, because part of the advantage of dot.net is you can build all kinds of stuff with it, right? And some of these are really, really important because you get to talk to people that you don't always see. You get to talk to the actual designer. So here we've got Kathleen Dollard sitting with Emo. And they're talking about, you know, the language and the runtime and the low-level stuff. So whatever topic you're into, whether it be building a web framework and the ASP.net stand-up or doing Xamarin and making a mobile application or some of the internal details about actually designing the next version of C-Sharp, we've got the stand-up for you. These are the real people that are actually doing the work which is really, really cool. Part of this too is we added support in here for these community links. So we're using the URL list which Burke and Cecil built. And so this is a way where we can go in and share out because we want to show off things the community is building. And as part of that, we list all these links here so that you can go and get them. So we don't want just the links to fly by in the video and you say, that's neat. We actually want you to go and subscribe to the blogs or, you know, learn more, try out the code.  We'll collect those. And if we feel that it's interesting and of general interest, we'll share it on the stand-up and we'll continue to promote your content or your project or whatever it is that you're working on and you're excited about. Small little shout-out too. This is actually for people that were watching, James Montemagno and I were building this live streamed on Twitch over the past several months. And so we built this prototype out and it actually ended up this, we were able to transfer this over to the team. So that was fun. Cool. So, yep. Cool. All right. Well, so just along with .NET Foundation stuff, we've talked about it. We mentioned some, we had some announcements. Today we talked about AWS joining as a corporate sponsor. We also talked about this maturity model. And it's kind of involved. There's some blog posts and some docs and stuff. So you can go read through it. But the best thing is if you want to get more involved in how the .NET Foundation works, in new policies, programs and stuff we're building out, you can go and check out on the .NET Foundation website and click on Memberships. And is it hard to be a member? Do I need to pay lots of money? And this is something where I think I haven't communicated as well. If I don't have a credit card, like $1,000. First of all, as you join, you have an opportunity to pay dues. And the default amount is $100. Are you paying Microsoft to dues? No, no. Okay, so Microsoft does not touch this money. It goes directly. The .NET Foundation is a separate nonprofit. So it's a nonprofit. This is not money that Microsoft gets to use for stuff. Not at all. So it goes to things like sponsoring projects. We have some set aside. We're looking at doing things like sponsoring local events and stuff in the future. So this is money that's actually available to the board of directors, which is community elected. One of those out of seven is Microsoft. The rest are community elected. So you can pay dues, you said, but you don't. You don't have to. For a student, you don't have to. Student, you don't have to. If you are just somebody and you're applying, you're like, I'm not sure about this. I don't know if I want to apply because I don't want to pay any money or I'm a little tight this week or whatever it is. Don't pay any or pay $5. Like it's a sliding. And nobody will look at it. So you go through. And no one will see it. Nobody will see it. So basically, if you go and you say, $10 is what I'm able to pay, then it checks off the thing. And the next screen that says, hey, did you look at the dues? That goes away forever. Nice. Or if you say opt out, it says, great. You've seen it. We're done. And what do you get from membership? What is being a member of the Foundation? So some of the main things are, you can vote in the elections. We have annual elections. So that is, I mean, the board of directors runs the .NET Foundation. That is, they are in charge. They say exactly what happens, what projects join, what we're going to focus on, what we do. Also, so you can both vote in and run for the elections. Another thing is we have these action groups. And this is a way that you can become involved in things. So say you're interested in outreach and you would like to see more diversity in .NET ecosystem. We have an outreach group led by Sarah Chips. And they're actively working on things. What do we want to focus on? How can we get more people involved? So, and then there's other ones. There's this technical steering group. There's outreach ones. There could be something around education. If there's one that doesn't exist that you wanted to potentially propose and run, we could create one. Absolutely. Yep. So there we go. I need to make sure at the end of this we talk about the virtual attendee parties. But did you want to?  I wanted to point a couple of things. That may I take your laptop over here and move it a little bit closer to me? Just don't brush the protective layer of dust off of the keyboard. It is just a filthy, filthy laptop. One of the things that I mentioned a little bit I just wanted to talk about was that was super fun. Because I casually mentioned it during one of the Q&A was I took this application. It was a PlayStation emulator. Someone had basically asked the question, I don't know if .NET is fast enough or whatever enough to emulate another computer. And this very nice student went and created a emulator in C-Sharp. And it's up at GitHub and you can go and check it out. It's called Project PSX. And what I thought was interesting about it was not just that .NET could go and emulate something like this. It was very, very fast. But I opened it up into Visual Studio Community and it's important to remember that Visual Studio Community is free. Free. Yep. That's free for open source. Free for students. Free for small businesses. Those are certain sides. Check out the license. And I wanted to convert this from .NET 4.7.2 so Windows specific .NET over to .NET Core using WinForms. Right? Because .NET Core you can now swap .NET out from underneath WinForms put .NET Core underneath and see if I could get more perf. Yeah. Well because you've got a different runtime.  It's like yeah it's on the outside it's the same thing but the brain is all set and like super smart. And it brought up a lot of really interesting questions. So first because .NET Core 3 now supports WinForms you might think to yourself well maybe that means it's going to be a lot larger. Well WinForms is a new get package so it's optional right. It's not necessarily going to come along for the ride unless you want it to be. So all I did was make a new project, dragged all of these over into the new project, then fixed up the references and immediately got the thing running. It took about 20 minutes. Now everyone's different but it shows that this particular individual's code was extremely clean. They were just using file streams and binary readers to open up the different things that they wanted to open up. Again this is all just an educational thing. You know certainly if you're going to be doing anything with an emulator make sure that you own licenses to all the things you want to use. But it's really really interesting that folks are going and doing this work. When I put it on .NET Core it was about 30% faster. 30% more. For like basically 20 minutes of work. Yeah for basically 20 minutes of work.  You know there's so much stuff that doesn't even get talked about but with .NET Core all the work that goes into optimizing the low level internals like string performance and hardware intrinsics and that kind of stuff. Span of tea. All those things and so it's like you can just by moving to the newer versions all of a sudden your code runs way faster. It's like for free. And that brings up a really important point that there's lots of different things about what does it mean to be fast right? Is it to start up fast? Well there's things that you can do you know to make sure that your code starts fast. Is it steady state speed? Do you want your code to be really really small? We try to make it so .NET Core is as flexible as possible to fit the scenarios that you want whether it be on a Raspberry Pi or with some of our community projects like Wilderness Labs on a microcontroller or whether it be on an Android device or an iPhone.  Speaking of which I think there is an update on the schedule and you're going to be showing off Wilderness Labs tomorrow morning? Yeah so tomorrow at 7.30 towards the end of the evening on Twitch I've got a brand new beta of Wilderness Labs Wilderness Labs Meadow. They got their beta 3 and this is a really really interesting connected things platform again not associated with us just from the community. But it's .NET. It is running .NET so what it does if you're familiar with there you go it's the full .NET standard on a microcontroller not on a microprocessor it's not a full computer it is a kind of like a single task device it's real IoT so instead of a Raspberry Pi which runs a full version of Raspbian or a full version of Windows 10 this is just going to run your library integrates with your cloud however you want it to integrate with and they gave me one of these here it is looks kind of like that and I'm going to try to get some some hello and it's very early days I got beta 3 but it's got a lovely deployment experience you just plug it in over USB you hit f5 it deploys and you're basically flashing the firmware of the device and it basically boots into .NET while it's doing that compilation upfront using mono so you can do something like this say a temperature sensor go and look at a threshold for that and then look a nice .NET event temperature change with a anonymous lambda there and you go and say all right when the temperature changes update the LCD and tell me the temperature so what's exciting about that is that for everyone who's watching this right now and you say oh I'm a C sharp developer and I do wind forms or I'm a C sharp developer and I do you know MVC you just became an embedded systems developer yeah or if you watch Shane Boyer's thing you just became a Kubernetes developer right ML developer or game developer exactly that's what I think so exciting about .NET right now is that we're all being able to take our existing knowledge and our existing experience so if you learn C sharp today you learn .NET today you learn some of these great languages and great libraries you can go and apply that anywhere from 64k to 64 I don't know terabytes you know one other thing we mentioned talking about was the try .NET and that kind of learn experience did you want to show some of that yeah so try .NET is interesting and I just you know when I google with Bing for stuff I just put Hanselman after all the time it just makes it easier to find what you want so try .NET global tool is this thing that powers the documentation as you go around to docs.microsoft.com and you can go and get this global tool and check it out it's really really cool in fact you can just go and say .NET tool install and install try .NET and then you can say in fact .NET try demo which is pretty cool that allows you to run basically interactive documentation it'll say local host and you'll have your own docs locally writing .NET in the browser that's a key thing I think a lot of people have seen try .NET in the browser in the docs and they're like okay that's a need you know Microsoft runs it or whatever but it's are not aware that you can actually run it like locally on your own machine it can work with with a gist or whatever and exactly and what's exciting about it is that once you've got .NET in your machine you've done your restores and you've got all the new packages that you need you can go to airplane mode you can take it home where you might have slow internet or no internet and potentially run your workshop on your off a USB key the other thing that's really cool about it if you just go to .NET and you hit getting started you can see of course we've got our video series on the side there and you say all right let's go try .NET in your browser see where it says code editor is loading on the right hand side there that is try .NET that's going to show up look and now I can go and say hello John hit run code and it shows up down here and it is try .NET that is allowing it to happen there my daughter is taking a computer class right now and she was struggling with you know reading definitions in a book and it wasn't really clicking and I just went directly to this and showed her some of this stuff and I'm like look here this is a constant this is it you know what I mean it's like oh it's like interactive you can totally see it now some of you might be saying well is that running blazer is that running in it it really depends on the scenario right and that's the great thing about both blazer and things like try .NET is that in some instances you can go and compile that and run that entirely with web assembly and in other instances if you were going to do something that required more power you can go and do that on the server and remote the results I love that about blazer right you've got both those options you've definitely got a lot of choices so I want to make sure that people all do that and also if we go over to docs.microsoft.com which we really can't say enough nice things about docs has just really come into its own in the last few years just people used to joke about how the docs were accurate but not helpful you know and now it's like this is the first place to go so if they go over there and they go and click on learn C-sharp they can go and see this introduction to C-sharp and we'll actually walk them through hello world numbers branches and loops all of that will be done in the browser now here's the fun part and here's where we get into the inception part of things right if I go in here and I say let's learn about numbers and floating point and things like that this tutorial is in fact the same tutorial that we run through so if you love that see so go to C-sharp 101 go to .NET Core 101 and we'll walk through them with you interactively and learn along with you that's the best I love it I love that because it's like hey I can do this and then if I want to read more it's in the docs yep and it's not just 101 for C-sharp and .NET I want to point out we've got .NET Core versus the .NET Framework what do you want to choose what about Xamarin 101 this isn't one video these are video series there's a hundred videos there 85 videos some huge number of videos the number keeps going the number I'm going to just raise the number every time I see it right here's Intro to Visual Studio there's five videos Intro to Containers and Docker with Shane and Lisa Machine Learning lots of those what do we got here like eight videos on Machine Learning I'm going to just raise the number there's a thousand videos here available there's CAM on Indie Framework there's Bridget on a PAT .NET for Apache Spark and we're going to have even more videos coming soon as well so all of this free please check it out good stuff indeed so as we wrap up I think what's this party what are we doing yeah so there was a party there is a code party so you can follow the first I got to find I've got a tab here for it so I've got a tab for everything there are virtual attendee parties today and tomorrow so you follow on Twitter the .NET Conf hashtag you can watch live on Twitch the cool thing is there's there's a cool puzzles there's trivia and you can win big stuff including like Xboxes and stuff you're also interacting live there's I think there's some product team people on there like taking questions and stuff and they are doing a like prizes and then I want to point out again we talked about this a little bit today the technical treasure hunt all this at .NET Conf .NET slash party this technical treasure hunt it's a scavenger hunt all over the internet yeah and some of it will require you to actually run some code this was fun we've been planning this stuff for months for for .NET Conf and it was so fun like talking to the to the folks as they're like coming up with these and everybody who completes all the challenges gets a certificate to the .NET Foundation store and uh folks who who can potentially win I think there's a couple of Xboxes we talked about and lots of different swag and cool stuff check out the clues at the bottom there's links to all of the different friends and sponsors that are involved in the Treasure Hunt Twilio Telleric, Preemptive, Mobilize, Lead Tools, Nostis, DocuSign, Dockerly, DevExpress, Contra Security all of our friends and partners trying to make things fun during this virtual attendee party where they're again they're back in the back yeah and they're eating a lot of candy and drinking soda pop that's true so I'm talking about the party folks like I'm talking about my kids they're up there in soda pop what are they doing they shouldn't be doing but before we do that why don't we actually take our friend Brian here to we're gonna head out and see some of the other folks because it's not just two people in front of the the camera here it's a cast of thousands that are involved so why don't you join us my friend and we'll go and see our folks out here and hope that they're ready for us because we're coming out the door yeah this is our friends here in building 25 a channel nine I'm glad Seth opened the door for me because I would have pushed on it you knew that my friends look at all these people and the big panning bunch up everyone's just checking email look look happier what are you doing hey there's snacks there's no diabetes stuff that's not inclusive oh there's Tim Tam's though I don't know about those cupcakes I just realized that there were Tim Tam's I need to do a Tim Tam we have straws I'm gonna get a Tim Tam because you got to do the Tim Tam slam you got that thank you sir I appreciate that so we're gonna head over to the party we're going to show you this party on Beth tell us where to go come on back here come on this way coming in to the studio see are you drunk on peeps it's peeps it's Jeff Fitz hello hello welcome it's about time oh my gosh we've been here getting ready watching all the fun out in the other room we're gonna have so much fun we've got we've got trivia we've got interviews we've got more of the treasure hunt we got 40 prizes like they did right and we've got good I'm gonna I'm gonna wrap it up and give it to you Jeff it's all you baby here we go


Ten! Nine! Eight! We did it! We did it! Get it! Yesssss! Hehehehe Hello everyone and welcome to Jurassic World the game Where today, we did not unlock Tha-la-la-la-la-la-la-la-la-la Why? Out of principle! No, not really. I just had a really busy weekend and I had no time, unfortunately However, I did make sure to do a couple of battles to get back up to Hunter League Because I think I was in, er, Survivor And basically The prizes would have been better if I got, erm, Hunter And I was only a little bit off, so I thought, ah, why not But then, the difference, I was on like 300 nod cubs At Hunter League And in order to get to gold, I needed to double it So basically I needed to do like 50 more battles Which is, what, like 50... It's like 75 bucks worth and a lot of time Which I just couldn't be bothered A lot of things to do and I'm a busy man of recent That's definitely for sure So we might as well open this but it's like, don't worry, it's all doom and gloom Because we've got, we're gonna get something good Because I am now going to open up the previous video I did And read the comments because I asked what we should be levelling up And I got a fair few decent ones actually Erm, and I can't remember what they are off the top of my head now Ha ha ha ha We were maxed up Sekadontosaurus and Scapogonathus Because they are getting a hybrid soon And that has 11 upvotes Erm, also hopefully James pins this It's called Sekadontonathus It's a pterosaur but it's weaker than Metrophodon Well, most things are Anzalmonodon and stronger than pterocwetzal Okay, so what is it? Sekadontosaurus and Scapo So Seko, Seko, Seko, let's have a look But which, I feel like it's got to be a tournament Ha ha, okay Oi, look at that We've actually got seven of the boogers So we can, yeah, we can definitely do this Ha ha, thank you This is why I read the comments You keep me in touch with reality Because I don't know Ludia doesn't tell me nothing Well actually they do To be fair, no, Ludia do actually send me some stuff They tell me the events that are coming up And stuff like that But I don't get any special treatment Have I ever gotten any special treatment? Maybe apart from like the incubator Oh no, that's just the world alive No, I think they've given me books and stuff in this game before So with these lower level ones I'm happy to spend 50 bucks And that was really lucky On something that's not too expensive The level 10s No, you bugger you Ha ha ha ha Whoopsies Well that's a level, level one I didn't want to do But actually they're on the cheap Probably forcing people to once they've unlocked Talisman, Lubidu, whatever it is They can save some money on buying it But because that's a tournament creature I'm just going to spend 250 thingies on it Just to get it maxed out We'll get a level 20 I don't think I've had this guy ever maxed up to level 40 What was Pritrodon? Pritrodon wasn't second on a source was it? It was like Dimetrodon I think It must have been Was it actually Dimetrodon? I think it might be It might have been Dimetrodon That's for one of the best carnivore hybrids in the game That's pretty cheap So we'll get this guy to level 20 So it's definitely going to be a creature that has More health than it does attack And look at it go there Yum yum yum I think it's very purple Purple and yellow this guy So we'll evolve, activate, 80 Ooh Ooh I mean we want to do Skapper I feel like this is Skapper Ganathus Haven't we maxed that thing up? I think we've already got that to level 40 I could be wrong So we'll do an instant fuse with it Just to save some bucks Because now it's getting expensive So there you go at level 30 It has 2,552 attack and 429 health Yeah there we go I was like no remember which one's which You have to do it before it goes And at level 4 Have I never had this guy before? I must have I've definitely faced it before Look at you Let's get you to level 43,610 health And 607 attack So just shy of like Or just more than a T-Rex has at level 40 And that's a regular However I don't think T-Rex has that much health Yeah T-Rex has about like 1,000 an odd And this has got 3,000 So we may as well just collect this Like that and collect that So there's another 200 bucks Which slightly reimburses us Did you know that Secodontosaurus comes from Latin And Greek for cutting tooth or lizard Due to its long claws paleontologist Robert Bakker dubbed the Secodontosaurus A fox-faced finback Right so we need to find Robert Bakker And interview him I think he was in Lost World Hold on, hold on Was Robert Bakker or Robert Bakker? Yes it was Oh that Robert Burke Never mind Robert Bakker is a different one The Secodontosaurus has slender jaws and consistent size teeth Specialised for catching fish and burrowing prey Growing up to 9 feet in length An adult Secodontosaurus can weigh over 250 pounds 9, like I'm 6 foot 4 Or 6 foot 3 So yeah it's fairly sizable Especially if it's long That's a giant mouth yeah You wouldn't win against this thing I'm a Cone 19 Gotta get these I need to have a look at what superhybrids We still need to get Because the superhybrids are always the best So that's a level 40 Ready to fuse I mean it got 11 of votes So I'm assuming We're gonna get that I just saw John Horner there Oh sorry Jack Horner I kinda loved to interview I've already met Jack Horner before When Frontier It was Frontier Expo That I brought my Jurassic Park explorer to And he was there Jack Horner So I had a little chat with him When it was in the green room I can't believe I'm actually Because this was before I went to interview What's he called Oh brilliant thanks Oh no what's he called No it's not Jack Horner Oh my god I can't remember his name Oh god dammit There's too many paleontologists names now Ah we'll do another one Yeah when I went to interview him anyway That was long before that But now I think Jack Horner Just solidified him as a very Controversial figure in the world Of dinosaurs and paleontology So it'd be interesting just to bring Up these you know the questions And just see what you know Put it out there for anyone That wants to have their question Given to him Which would be really interesting Because we've done that in the past We did that with Jim Kirkland Ah there it is With Jim Kirkland we did that I put up you know Paul Or asked a question if you could To a paleontologist what would it be I didn't want to specify What or who it was But you know just for the sake Of surprise And we did that with Nigel Marvin And I think most people had the same one I was like how did you not die in the dingy dingy Ah right we don't need to worry about that We'll collect some of those We'll collect that as well We'll collect these, oh yes Right what was I doing It was the second dinosaurs and the Skapper so Skapper is definitely a flyer I feel like I've had it level 40 Yeah it's already level 40 And I have loads more Good god I don't I think we can just sell these At 1000 an odd of pop I mean we'll keep We'll keep those guys because you know We fed those ones Right just make sure I don't accidentally Sell the level 40 Which was that one Woo that's a lot of DNA Thank you Skappers Uh was there any other things That I was told to level up We are able to get this the Pelicophilius Right so heck yeah I mean finally I got this thing Leveled up to level 40 but if I can Ooh do you think it's Going to be expensive on the books or do you think it's not It still leaves us With four instant fuses Um I feel like it's not right It's not going to be expensive I don't think so It's 80 bucks Oh dear Oh no All the books I'm losing I should have just done it Because I know if I run out of instant fuses I'm not fusing anything else Oh that'll do Oh what is going on with it's frill It's like part of it's neck Beautiful where it's over there Sweet let's have a look at them Look at you Let's feed you 1331 health And 416 attack So that will have half the price Now of getting another one So instead of a thousand Uh two pentactilis DNA The 500 So the wings of this Superhybrid pterosaur may be slightly shorter Than those of it's four bearers But ah twice as Strong ooh a ten One look look at that Fair enough array giving me ten Super DNA heck yeah This is all going towards it you see One two three four five Six I can count Heck yeah Babies first Baby's first dinosaur game Oh were you kidding me Just one two back And then I'm worn up now I hate that I honestly I clicked on it I don't know where it Registered my fingerprint do I not have Fingerprints of the old worn off There might be worn off from years of Playing video games possibly Well as long as we get over 100 DNA Or not you know Whatever is what it is I suppose I've been able to do it but 90 DNA I'll do it with ten ten of that Oh an eight heck yeah The proto stega I think this is It's an oh god it's a hard one Why It was only eight The other one was way harder Oh come on you're going to do this time Hey hey hey and this one Ho ho ho ho Well that was lucky Ooh they got nature's corn dogs In the side there are hot dogs Corn dog wouldn't you because it's on a stick You Americans Everything with hot dogs And sugar in all the sauces it's weird We like sweet We like savory put them together We don't have time So you have separate dishes You kidding me oh we did it all They're sweet Whoa six hundred DNA from that Nice Heck yeah heck yeah Right okay so Also we got the lottery as well Um oh it's reset as well Okay so did we get a pack we didn't get a pack I did this not too long ago and I got a pack But of course I'm recording the video don't get a pack Ah this is the way the cookie grumbles Ah and I'm not doing it for that That's really not worth it Okay so now we've got The level 10 two pendactless And we can get another one for fifty Or five hundred so what is our level 40 Let's have a look two thousand Seven hundred sixty five health Four hundred sixty four attack For what a hundred and sixty extra Super DNA You get better health You get way better attack A Montosaurus isn't it We've never had a Montosaurus Heck yeah let's spend two Fiddy making a Montosaurus in the park Was this yeah this must be the tournament It looks very similar to a Jurassic World one Oh we're getting all of you to look at you You're so cute Right let's feed you There's no doubt we'll need you eventually It's got weird little fingers and dummies So five hundred twenty two Three hundred thirty nine attack Actually that's pretty decent There's not a big difference between health and attack Which means that it's probably quite balanced And probably more in the favor of attack Than it is health but look at the tail This is a hundred percent Jurassic World evolution man All the games now are just Like Jurassic World evolution had Really good renders and dinosaurs Can we just use those Basically they made that So hatch two legendos another fifty Fifty yes Um right So what's coming do we have anything else coming up And probably not We're in the North America pack We've got the food pack Right now I've got something here It's saying That I could have more Right but it still doesn't tell me How much DNA I have of this Like this is the only way I can see it What we've got is six thousand Dimetrodon DNA In fact we'll get some more in a second Here we go bohoho There we go even more So what is Dimetrodon DNA It's not too bandactylus It's got to be this The Dramatriconus Right and how much does it cost Only eight hundred We've got six thousand Of this DNA what Oh and it's good It's good And it's only two hundred a pop for this one Actually for instant speed up Heck yeah instant yes Oh we can get Well if I buy one It's only twenty two hours I saved eighty bucks Brilliant Sweet it's not really that And you know what we're gonna get this guy maxed up This guy is really fricking good This is what I want these episodes to be Because I have so many resources now I don't want every episode to just be You know the same thing We can level up so many different dinosaurs Who doesn't that's what you came here for Who want to see the max level Of everything dinosaur Except for Phalismaris Because nobody cares about that one I still want to do an updated version Of video of like top ten dinosaurs I feel like it needs to be top twenty Really because we've got so many What about top eleven Top fifteen Well Look at that thank you For thirty five dna But the five of that you know what I think we need to switch the The code nineteen dna Right so what do we have here we don't need to I don't care about that I feel like We don't want the Sarko because that dna is rubbish Indorapt is always good Indorapt is always good We should always get that if we can Um What else is the best The best So we've got a lot of res Indorapt is the only legendary Super res And then the other ones is Spina Tessutius And Giga Cephalus Or Giganca Cephalus We should just fill them all up That's what we should do Right so where did that guy go Was he here I think he was on the other side wasn't he He was over here somewhere We lost him I think I might have lost him It's going to here click on you Go to don't know where you were But we can get a level thirty We've got so much food We haven't done the trades to see what we can get Right so evolve instant fuse Or should we It's like eight years nip to fuse We actually don't even know what it is I don't think May as well may as well use them We'll get them all back in a weeks time So we'll evolve you instant fuse We've got eight of them If I can save bucks I'll save bucks Right sweet so we've got a level twenty of them Three thousand four thirty four help One thousand two hundred twenty one Isn't this a toy Did house bro do it Oh I think it was Mattel Then Mattel did a Demetrodon toy But it had the same colourings as this thing Oh it looks so cool though I like it Right boom instant fuse There we go sweet This is the level forty man I think we can get this to level forty So here it is a level thirty Four thousand two hundred fifty seven help One thousand six hundred sixty attack Yeah look at that That looks gorgeous I don't think I've ever seen this at level forty Surprise Right so we need another four of them Which is going to cost us It's like two hundred eighty books each To buy So two hundred eighty Sixty so it's a thousand one hundred And twenty bucks each Which is fine and then it's going to cost Us a little bit extra bucks So we'll just collect those and get thirty four books Hey the bright blues and reds of this creature's Skins grow or skin Grow more distinct as the Creature matures while shaped like Demetrodon this superhybrid Is as vicious and cunning as Carloraptor as its name suggests Demetrocanus is a carnivorous Creature Well thanks Ludwig Clearing that one up Let me just make sure that we are We're still recording all okay Yes yes we are Brilliant right So we need to buy more of these guys Actually we only have Eight hundred and fifty so it's One thousand seven hundred DNA And how much do we have Forget how long I'll be playing this game for Honestly right There you are go to boom And buy and just buy Just buy these all Like this is the thing right And this is how they get you because they want You to inst like for me anyway I feel like Ludwig wants me or jam city I should say want me to Level up the tournament creatures right away And that costs a lot of books However the tournament Creatures are not as good as these things And I'm kind of happy I hope I haven't made them wise To this because I want to keep it this way Right so we got Two instant fuses What we'll do is we'll instant fuse the level 30 And then we'll instant fuse the level 40 So we are going to have to take a little bit of a hit here On a couple of books but again we haven't done the trades So the trades might be Maybe Might be where we can actually Do some good and get some back So activate this And then that'll So it's only 80 books for this So it's not so bad and every day we get a Back which at least guarantees us 55 books So it's just setting us back a couple of days And that's if we get some good trades In the trade harbor so it's like a couple Of hundred books right there And luckily It's been in the game long enough that Ludwig Haven't fixed it and they're like so To me they went ahhh Whatever it's fine oh wait no I should have instant infused this Ahh never mind Just watch the books go down 120 And 80 let's go Boom collect Done and done get that to level 30 Yeah we don't need to worry about food Instant fuse turn 80 DNA Awww yes Here we go Demetriconus Oh that's a fancy little frill Although I was kind of expecting a bit more It just seems a little bit more jagged so 5,075 1,995 Attack I wonder where that It's not in the top 10 I don't think But it's still Pretty high Look at it It looks gorgeous Oh it's got the strokey head Yum yum and then Will it do the roll Does Demetricon do the roll? Does it roll its back? No it doesn't I feel like oh that's cool as such as it rolls over Or we get a little bit of a bite Right so how many books? 68 books sweet It is believed Demetriconus' sale Helps in both mating displays And heat regulation This is your hybrid What you mean is believed you should know Fair enough webs Right okay so Demetriconus Where do you stack up In the battles? That's what I'm kind of interested we got Here we go battle stage infinite we gotta do So you're not there Yeah although I feel like we're not far There it is so it's just below Stegotops Even though it has more attack But it has like a thousand less health so But still a level ten Level ten Level friggin ten so it's like A thousand or two thousand super DNA To get an indoor raptor right But to get a level 40 Demetriconus it's Like three thousand So actually You might as well you're better just having everything Set to raptor DNA and just getting indoor raptors Than Demetriconus Like you've spent three thousand DNA or super DNA To get one level 40 And it's not even I mean it's got the same amount of health as level ten interrupter But not nowhere near the same attack And if you were to just do interrupter You'd have three interrupters All better than Demetriconus And three different ones so you could use it For three different battles So it is what it is We don't have any more instant fuses But that's another level 40 done The next one that's Closest I guess is the Tappagella The Tappagellipot So I don't know how good the, oh this one's pretty decent too Actually You know what I'm going to put them all in I'm not going to buy them because I could do but we'll save that for another video What I will do however Is we need Four of these Can we buy four of them? How much? Eupocephalus DNA do we have? Right we can't We could get two though So we may as well get two Activate for ten bucks Heck yeah And then what else do I have? Monolophosaurus and Caprosuchus And Kylosaur is also 2000 and odd But I don't know what takes on Kylosaur That must be the Capro Right we've got loads of this We've got loads of the Capros So I do not mind doing that one at all Because I think I mean it's a super rare right? It's probably going to be good So there we go We've spent all our bucks and really We only have to wait three days for them all to clear out And only 24 hours So we could really speed through We could do a video like every day On the super hybrids if we wanted to We'd have to wait a week to get free fuses You know That's what it is Right have we got anything good here We've got six bucks It's tempting But 64 VIP points Really isn't worth but we'll do decorations And we'll just sell a John Hammons For Like 900 VIP points Basically And then we get VIP dinosaurs VIP dinosaurs are so good And they're super quick Heck yeah So we're on like 6000 bucks wouldn't we Oh my god yes Yes oh this is good This is good that was really good That was lucky if only that one That would have been 300 bucks Next one Yes another hundo And this one 73 Oh my god we're getting so lucky If I saved up 10,000 VIP points Right And I bought a pack And I got a VIP creature I can sell a VIP creature For 5000 bucks So technically if I was just wanting to trade that It's not worth it Yeah we'll skip it we'll skip that one And this is the final one and we have some good bucks Is that a good one? Yep we'll take that Oh there it is 300 Wow That's what's good about the harbour It's awesome You get some good trades in here Save yourself weeks of gathering Like what precious little crumbs of bucks You can get here and there throughout the entire game Um Collect from the DNA building there Right there was something else I was going to do Yes so we need to purchase Prize drops Fuser reef pet dinosaurs Apparently Right who's got the most that I haven't sold 1 2 3 4 we got a lot of pterodactylis As we could sell as well Wow I've only got like 1 of each dinosaur in these days That was the goal when this game first started To get level 40, level 30, level 20, level 10 Of every dinosaur Tappy jar you're going to get me 18 boss DNA thank you buddy Yes Boom I think it's boss DNA But there you go we're almost on 6000 For that and we can still Level this guy up to level 60 If we wished because then we Unlock oh we got the final power move But what's who's got the best I still think it's salamander They haven't made it where it's 100% defensive Anymore oh heck yeah Hold on do you have Your own oh you don't go any higher Damn right Evolutions it's 200 To get to level 31 Oh we have to If we level this Thing up Wait two more levels I think Which is only a thousand We get 200 bucks so one Two oh okay We got another badge but Okay so we need level we need level three Okay one more there we go 200 bucks now do you have better Moves Unlocks at prestige rank one oh You need to be level 50 or 40 for that I think but you know I'll take The 200 bucks if you Dodge the horns you might still Find yourself trampled beneath its Powerful feet right now You guys you're level one So I mean You should be pretty cheap right salamander Yeah let's get salamander off Heck yeah might as well if we get to level 10 or level 11 That's a hundred bucks Heck yeah and Should we Should we get it higher I feel like we should A level 21 yep another hundred bucks Heck yeah so the ridges Of salamander 16's back are extremely Sharp but surprisingly flexible Allowing them to slip between the cracks Of an opponent's armor I'm assuming Spike it I don't know And what's the other one Ooh we are Two levels away from getting Like 200 bucks here so we may As well another badge complete oh it's a hundred bucks Okay wow okay did we start On 6000 I feel like we start on 6000 We're doing really well here in getting all these books Like Valkyrie 77's sharp edge wings That it cut through aerial Opposition with ease They just love it's just like A buzz word Or something it's like a phrase It's like a you'd find on a trailer Right so everything's like 31, 21, 21 We got a 50 because I don't think we get anything extra For leveling this guy up and I don't think we can We can What Why is it so cheap I thought it was going to be way higher to make it Higher level Oh there you go that's better There it is so we got level 52 9000 health I could use that in my regular battles Right so we got a battle stage infinite to do here So I don't think we can speed up Yeah we got no VIP's left for that Cause that's done Have we got any instant hatches I think we've let is everything Used up The instant fuse We've got one instant fuse left So I think we had a special Mission for a reef So we can fuse a reef Well let's dive into the water We've got an alkaline defuse no we don't Cause that was used for a hybrid You're basically maxed out Yeah get you to level 40 there you go buddy The Dolly Rand jobs Looks like it was eating an invisible Invisible fish there But alright yum yum Level 40 nice one Now what else do we have That's a reef that could be used for Wharfosaurus no Ah notice No We need to buy One so we can't Haven't got any of those Haven't got any of those Yeah there we go instant fuse A live pluridon Why not there you go Boom and another 18 Boss DNA sweet Alright so we've got a fuse Three aquatics for 150 Oh there's gotta be something we could do For cheap there's gotta be some really Cheap ones I mean there's only res Nope you're not a rare Or super rare sorry Prognathodon no I think I've sold everything here Oh oh I Forgot about you heck yeah Let's do this So 70 and for Oh god is it worth it We just need one more fuse oh it's gonna be I would trade 100 bucks For 150 boss DNA Heck yeah so we'll get this to We'll get another one to level 20 70 bucks And do it first time Yeah Okay that's 94 bucks No No for my hard work Oh wow dare you Thanks game thank you There we go that was it worth it No But it's done 150 There you go Right anyway Back to what we're gonna do Which is the mystery pack because we could Get bucks in here so this is A pretty dirty and nasty team Really If we used all amphibians Would be good but I don't think we have Amphibians ever The best one we've got is Gorgosuchus Which dies in two Hits to Gripo but apart from that it's actually alright So I'm thinking We put Gorgosuchus in He'll swap to his Gripo Then we could probably kill the metrophodon If once Gorgosuchus dies And then we need something good So If I put in Scorpius Rex Scorpius Rex could die to two hits from Indoraptogen too But I don't Think you don't Would and it's only got 300 less attack It'll be close But I don't Think it'll be able To do You know like what 700 And Yeah, I don't think it's gonna do 1700 extra attack with two hits I don't think so so Big brain play here we go Can we do it is it possible I will go For the reserve because we don't die in two hits Which is really good Why do we not have any good amphibians I need to have a look there's surely gonna be some good Amphibians I'm not using Right I don't care If Gorgosuchus dies I just want to have as many Serbs for Metrophodon when it comes in Because it'll do like 8000 attack Oh yeah it's definitely gonna Kill in two hits But now he has to go for four attack to kill me Minimum So he has to like expend all His energy here if he wants to kill me Oh yes That's a free common park Sweet hopefully we get some books from it So two hits kills it And then we'll go for all That I'm pretty sure two hits kills it Alright the math works out Yes Eonosaurus comes in and I don't even care Go for four attack Do it or not Whatever's We could probably Switch to Eudon And Yeah switching to Eudon's probably better One two three kills a factor in two Just in case Oh it's perfect And finally the crazy Interruptor comes in and I think it has to go for three Attack I think So if it does it'll go for five If it doesn't it'll go for four It's just so good And Metrophodon Yeah Go for it We need 20 of these buggers if only There was this in the movie Metrophodon Metrophodon and that'd be awesome And a hundred I just want all the hybrids Yes 100 bucks Thank you As well as 130 Super DNA points Oh sweet We could have 300 bucks in this Oh my god if we sped it up Won it and got 300 bucks I'd be up 12d 12 bucks There's really no point in it Honestly the only reason I Do like packs or events Is if it has bucks in it I don't really care for DNA I've got plenty of dinosaurs if I wanted to sell them Either some more I think we've got yeah aquatic creatures We could enter that Get another 60 bucks and again once we do this That's another guaranteed 55 bucks And yeah What have we done so much We've leveled up so many creatures I got level 40 super high I kinda want to use it hold on hold on A boosted battle Heck yeah so we'll put in We'll put in it first Where is it?  Hold up, hold up Crackers How much do you sell for So that was 9,000 DNA worth I just won That was either very lucky Or I'm missing out on a trick here And I should be doing those battles Maybe another 40 odd minute video But it was loads of fun We enjoyed it, leave a like and until next time I'll see you QT later Bye bye


So there's a lot of different consumer protection issues where people are being given loans that they can't pay back and that are actually designed to fail and they anticipate a car will be repowed several times over the life of the loan. And then each time that happens and each delinquency you can extract fees out of the borrower in that sense. And so you can kind of make more money by designing a loan to fail than for it to succeed. My name's Thomas Herndon. I'm an Associate Professor of Economics at the City University of New York, John Jay College. Kind of my heuristic for whether a project is important or not or it's worth doing and that it should scare you a little bit. Typically like, you know, our emotions and our fears and things like that, they're a good, you shouldn't make like decisions necessarily based on emotion or fear but they can be a good indicator for things that are important. And something that scares you a little bit or even terrifies you is probably something that means a lot to the world, not just to you but to the world. That's usually why you're scared of it, right? It's you're scared that you're on a big story and you're excited and it's a mix of like fear and excitement and the most meaningful projects I've ever been a part of, they've always scared me a little bit because, you know, they were finding things that really mattered to key debates and some of the key issues of time. So for example, when I worked on the Reinhardt-Rogoff paper, that was terrifying. I was trying to replicate a major famous paper by very high profile, high status economists from Harvard and it wasn't working. And at first I thought that, you know, maybe I was just, you know, it was just me being kind of newer to econometrics and empirical research, right?  And I think actually one of my professors thought that after one of our discussions, right? I remember some of the initial problems I had on that data, working with that data and reproducing the average, I walked out of like my advisor's office hours once and he was like, come on, Thomas, you have 20 countries and you're taking an average. This shouldn't be that difficult. And I was like, oh no. But, you know, I kept working on it and it didn't work and I gained confidence in my skills. But even when I knew I was right, you know, especially once we found the spreadsheet error in that paper, it was terrifying. We went public with it. I was scared. I didn't have any idea that the paper would have the viral impact that it did that be picked up by all of the world's media from, you know, Krugman, The New York Times, The Wall Street Journal, BBC, lead article of Rolling Stone, and certainly the Colbert Report. Those, you know, I had no idea that was gonna happen, but I was still terrified because I figured in the community of economists I respected the word was gonna get out. And, you know, it's a scary thing. One, the paper that I was critiquing was supporting really controversial austerity policies in the US and Europe that had caused a lot of misery to a lot of people. So it really had a high impact. And then two, I was finding mission critical errors with us on a spreadsheet and then other kind of bogus assumptions. And so, you know, that's, it's a scary thing, but that was because it was important. And then my other work, you know, I started looking at the role of mortgage fraud in the Great Recession. And when you're trying to estimate how the most powerful financial institutions in the world committed fraud that caused massive losses for, you know, households and investors, that's a big story. It's scary. It matters to millions of people the world over. And it's always kind of dealing with elements of power too. So yeah, that's kind of my heuristic for something that matters. I mean, certainly like you can run, you know, the nth regression of schooling or earnings on schooling. And, you know, I mean, even if you have a really interesting method and stuff, I'm not sure if that's gonna, that wouldn't personally like scare me per se, right? It doesn't mean it's not necessarily important, but it's something that we know pretty well already. We've ran a lot of regressions of earnings on schooling, right? To kind of back out a little bit, a lot of my research has been on topics connected to the political economy of financialization. So issues about distribution and instability relating to the growth of the role of financial institutions in the economy. Of course, there's a whole literature about deregulation and the growth of the financial sector and how that contributed to 0809. I think what, you know, a lot of my work on housing showed is that, you know, very much like the classic Minsky model, large expansions in the supply of credit can mask underlying conflicts, right? Such things like insiders ripping off outsiders, other forms of fraud, et cetera. And then also just asset bubbles and cause asset bubbles. These things have a huge relationship to economic stability, but because debt itself is also a distributional contract, when these things, right, debt, debt contracts specify that the borrower takes the first losses. And so whenever these problems associated with the expansion of the supply of credit, like bubbles or fraud, et cetera, when these things, when those bubbles pop and the supply of credit like has a sudden stop, it's always the borrowers in the households that are gonna take the big losses and they're often the agents that are least able to bear those losses as we saw with subprime lending in the housing thing, but also in the auto market. And when we concentrate losses on those that are least capable of bearing it, it has bad macroeconomic consequences as well. But the problem is that, you know, a lot of economists in the back of their head believe the self-correcting mechanisms of the market will get rid of these principal agent conflicts and things like securitization will actually, you know, distribute risk among those most capable of bearing it, who want it the most. We can chop up the collateral and interest rate risks and give it to different parties who all want that. But, you know, what I've found and really what I think the study of history shows is that the self-adjusting mechanisms of the market are a lot less powerful than advertised, I guess. They're not really capable of self-correcting this. So what we found with mortgages, right, is that, you know, across three easy to measure measures, you know, like whether it's LTV, appraisal value, inflation, unreported second liens on the home or misreported owner occupies in these status, half of the loans that were bundled in packages and securities from O2 to O6 had one of those three flags and we're not even talking about income overstatement yet and really there was a whole cottage industry of finance professors who was able to identify fraud at the loan level. That's what my research was one of many papers in this but a good overview of that is a John Griffin paper asking, was fraud a force in the financial crisis 10 years of evidence? And so there's been a decade of empirical research that basically shows that every way a mortgage application could be falsified it was and then those falsifications were then concealed from all the major investors by every single one of the reputable financial intermediaries. And so the idea that the reputation of a Wells Fargo or a Goldman Sachs or a J.P. Morgan, they would be scared of their reputation so that they wouldn't commit fraud that just that mechanism was not strong enough and there was a Gresham's dynamic where everyone committed and the problem is the more the bad practices spread the more everyone has to do them to be competitive. There's that old saying there's nothing worse than being an honest card player in a crooked game, right? And that's very much the style. And so I think understanding this noir side to our economy and the limits of the self adjusting mechanisms and how serious problems can happen is very important. The principal agent models give us those tools but oftentimes economists have been scared to point those tools at the most powerful institutions in our society. And I think that level, I think that level of fearlessness is required by honesty because oftentimes with the most powerful institutions they have the most capacity to do harm as well. And certainly there's large histories of them always influenced by the work of Upton Sinclair quite a bit. So it's kind of taking the same noir muck raking approach but with empirical methods. The auto market, there's a lot of different elements in supply. So on the one hand following 0809, a lot of capital flowed into a securitized auto loan. So we see the same huge expansion of credit there. I think this is one of the things that has helped drive auto prices up that combined with the shortage of used cars due to 07, the big financial crisis. There was like a blip in demand. So cars from that era, which would be the affordable used cars now just weren't made. And this has masked a lot of problems. Now these problems are slightly different, right? The issues with misrepresent, so when you understand the originate to distribute supply chain with securitization, there's capabilities to misrepresent things at all stage. In mortgages, a lot of the fraud was committed by loan officers and underwriters at origination. And then in distribution it was concealed from the end investors. To a certain extent, it's not clear that, so there's a lot of fraud in origination going on. If you look at this market, almost none of the incomes are verified, employments aren't verified. There's a lot of issues with inflating the value of the car, because when you have a loan to value ratio, right? You want it to be lower. So the loan is a lower part of the value, but there's two components to that. There's the loan and then there's the value of the car. And if the value of the car is based on the sales price of the car, there's all sorts of ways to bundle in all the little dealer markups and the dealer at different packages to get that value up in the LTV to a low level. There's a lot of other real huge issues at origination, especially disparate interest rates charged along racial discriminatory lines. And so there's a lot of different consumer protection issues where people are being given loans that they can't pay back and that are actually designed to fail and they anticipate a car will be repowed several times over the life of the loan. And so each time that happens and each delinquency, you can extract fees out of the borrower in that sense. And so you can kind of make more money by designing a loan to fail than for it to succeed. That's really bad for the consumers. It wrecks their credit. These are folks that are on the margin and if they were given a lower interest rate, they wouldn't default on the loan, but then they're given these ridiculous interest rates, way past state, usury limits, et cetera, in the 30% range, et cetera. And if they just had even a more modest 10% interest rate, which is still outrageous, they would be able to pay the loan off, but it's not there. So there's the consumer protection issues. And for me, I think those are the biggest issues in this market. In terms of distribution, the reason there was fraud in home loans was because there was very strong representations and warranties in the loan prospectuses.  You have to say that this asset is X amount of good. So it'd be very much like you're going to Whole Foods in the bulk section or just buying bulk rice and if you're gonna buy a pound of rice, you put it on the scale, it says a pound. But if the scale was short or something and you got like 0.8 pounds, you'd be like, that's not right. Well, the same thing when you buy securities based on assets, you gotta say how good the assets are. And then that's the representations part. And then they had strong warranties too that if these representations were wrong, like there was inflated borrower income or something like that, concealed second leans, then you would have to repurchase that loan. And actually in auto loans, even though there's probably more bogusness happening at origination though, it's hard to say that because there's a lot of bogusness in the run up to 0.708. I mean, the competitions, the race to the bottom, it's hard to say who wins, but certainly auto loans now are competitive in that race to the bottom. But the representations and warranties are also a lot weaker. But it's still not clear what degree of concealed risk are in the loans and it doesn't appear that they're being priced into the securities either. And so even if it's not the same type of fraud problem, the same type of concealed risks and uninsured risks, they can add up quite big, right? Really big, especially as more and more capital is poured into the securitized auto loan market. It's the same dynamic of very much concealed risks that can then happen later and have stability issues. Now, of course, auto loans aren't the same size as say the American mortgage market. And so it's not systemic in that area, but you still see large buildups of risk. And with the rapid growth, these things can get out of control soon. And so it's not clear. I mean, certainly the bogusness and falsification and origination that there are a lot of lines crossed there. It's not clear in distribution if the same lines are crossed, but there's still the same economic problems of concealed risk that's being concentrated on those least able to bear it. It's building up. And these things can get out of control pretty quick too. And then the consequence of this is there's just a lot of your normal working class folks whose lives are gonna be a lot harder because they can't get a decent interest rate to get an affordable car and so they can't go to work. Cars are very important. A lot of studies show that people default on homes before they default on cars. As you can sleep in your car and at least you can still get to work, right?  These things are really first-rate issues for working class folk.


Is the idea of sin made up by men in order to control other people? Well, recently a popular YouTuber called Repsion put out a video describing why he left the Southern Baptist Church and in it he says this. But that's the whole self-blame aspect of religion because sin, being that man-made concept, it really just tries to control you and to make you feel bad for everything that would be considered natural in the day-to-day secular world. Now the question is, okay, is sin made up by men in order to control other people? Well, I would say no and the reason being is we all have a conscience that convicts us of what is right and what is wrong. You don't have to believe in God to know that you have a conscience, that you have an intrinsic sense of morality and I believe that is God's law that he has written on our hearts. When we do something wrong or contrary to God's character, the Bible calls that sin. So everyone believes in sin but they might just call it something else. They might just say doing something bad or doing something wrong while the Bible has a term to use for it. And further on his video, the guilt we feel when we do something wrong isn't merely a result of religious indoctrination but rather it is our conscience crying out to us that we are in trouble. You see, the scripture goes on to say that we are all in bondage to sin and unable to break free on our own. Sin is not a made-up idea in order to control men. Rather, we are all in bondage to sin. Now the real question is how do we break free from this sin? Well we need to look to the only person that did it himself, that is Jesus Christ. Jesus came to this earth fully God and fully man without sin. He lived the sinless life that we could not live and he died on the cross. The death we deserve to die for our sins against God and he rose again on the third day defeating sin and death and what he calls us to do today is place our faith in him. When we do that we are released from the bondage of sin and death and have a new identity in Christ. We are made into a new creation in him and all of that is a result of God's grace. You see, while some might propagate the idea that sin is just a made-up concept that it just tries to shame us for doing things that would normally be natural and good. We need to recognize that not everything that feels natural is good. Because of the fall, because of Adam and Eve's sin, we all have a sin nature, which means that we are pulled towards the things that are not good. We are pulled towards sin and doing things that are wrong. And that's why we need Jesus to free us from that, to give us a new heart with new desires. In him he has provided freedom from the power and penalty of sin and one day he will deliver us from the presence of sin. Thank you so much for watching guys. If you're new to this channel, my name is Isaac David and this is The Daily Disciple where I help you follow Jesus daily.  It's pretty crazy, but it's only possible by the support and giving of those on Patreon, those people that are supporting my mission of helping people follow Jesus daily. If you want to get on that mission, if you want to help me do what I do and fulfill this calling that God has laid on my life, I would encourage you to head to the link in my description and sign up on Patreon to give monthly. Thank you so much guys and I will see you next time. God bless.


Hello, students. I am Dr. Bhagesh Deshmukh, Professor in Mechanical Engineering Department, Palchian Institute of Technology, Solapur. This session is on design of spur gear. At the end of this session, we will be able to derive the effective load on a gear tooth. Please recall what are the forces acting on the gear tooth. The components of forces Pn is the resultant force which is acting at the pitch point when we consider the driven gear. At the pitch point, this resultant force is resolved into two components Pt and Pr. Pt, which is horizontal and Pr is vertical. Pt is the force which is responsible for driving the gear. The tangential force Pt is given as 2 mt upon d dash where d dash is the pitch circle diameter. The radial force is given by Pr equals Pt tan alpha. Tangential force is obtained from the equation of torque 60 into 10 to the power 6 kilowatt upon 2 pi n. The value of the tangential component therefore depends upon the rated power this kilowatt and the rated speed n. The torque required by the driven machine also varies. Sometimes the balance is obtained by means of a flywheel. The service factor. In the gear design, the maximum force due to the maximum torque is the important criteria. A service factor accounts for variation of power, torque or speed. The service factor CS is given as maximum torque upon rated torque. Service factor is also expressed as mt max upon mt. It can be also mentioned as Pt max upon Pt. Realizing these terms, we can get that Pt max that is the maximum tangential force equals CS Pt. Let us consider electric motor. Service factor for electric motor is equal to CS equals starting torque upon the rated torque. Service factor for speed reduction gear boxes. Working characteristics of the driving machines or the prime mover is taken on this end and working characteristics of driven machines or the application is taken on this end. Accordingly uniform, uniform if the characteristics matches then it is 1. Accordingly we can select what is the CS for typical application. Let us see the examples of driving machines with different working characteristics. If I take uniform category, electric motor, steam turbine, gas turbine falls under uniform category. Light shock, multi-cylinder internal combustion engines fall under the characteristics of operation of light shock. Likewise medium shock, single cylinder, internal combustion engine. While we are talking about the driven machines with the different working characteristics, medium shock can be for main drive to tool machine, heavy elevator, turning gears of crane likewise. And in case of heavy shock, press heavy feed pump, then rotary dealing, apparatus, these kind of driven machines fall under the category. Now, let us see what is the dynamic load. For the gears rotating at very low speed, almost at zero velocity, the transmitted load Pt can be considered to be the actual force present between the two machine T. But what happens practically? In most of the cases, the gears rotate at an appreciable speed and it becomes necessary to consider the dynamic force resulting from the impact between the mating teeth. The dynamic force is induced due to inaccuracies in the tooth profile, error in tooth spacing, misalignment between bearings, elasticity of parts and inertia of rotating disc. Then what are the methods to account for dynamic load? First one is the approximate estimation by the velocity factor in the preliminary stages of gear design. And the second one is the precise calculation by Buckingham's equation in the final stages of gear design. Let us see how approximate estimation can be done for dynamic load. Calculation of exact magnitude of dynamic load in preliminary stages of gear design is difficult. Hence, what we need to do is, we need to consider a velocity factor Cv developed by Barth to calculate the dynamic load. There are three cases where ordinary and commercially cut gears fall under the category where the velocity is less than 10 meter per second. The velocity factor Cv is 3 upon 3 plus v. For the case two, accurately hop and generated gears where velocity is less than 20 meter per second, Cv equals 6 upon 6 plus v. The third case where precision gears with shaving, grinding and lapping operations with velocity is greater than 20 meter per second, Cv is considered to be 5.6 upon 5.6 plus root v, where v is the pitch line velocity in meter per second and is calculated using v equals pi d dash n upon 60 into 10 to the power 3. Effective load by the velocity factor, it can be calculated as p effective equals Cs pt upon Cv. The velocity factor is an empirical relationship developed by past experiences.  It eases the calculation of velocity factor and design of gear. Velocity factor have sanctions from the American Gear Manufacturing Associations. That means we can use it. It is used in the past for many years and has given satisfactory results. But when we say that there are advantages, there are some typical limitations also. In case of these factors, mass of gears, mass connected to the gear shaft and properties of the gear material like modulus of elasticity are considered. A gear tooth of a material with low modulus of elasticity will deflect more than the gear tooth of a material with higher modulus of elasticity and the other things being equal will absorb the energy of impact and deduce the dynamic load. Velocity factor methods neglect these factors. It assumes that the dynamic load depends upon the pitch line velocity. Therefore, use of velocity factor is restricted to a limited range of pitch line velocities. It is not possible to extrapolate the values. Hence, effective load is obtained using dynamic load. PDE, the formula is given. It is Buckingham's formula. C is the deformation factor and E is the sum of errors between two meshing teeth. All other terms are known. Deformation factor C is calculated by the formula given, where E are the modula of elasticity of pinion and gear respectively, e p and e g. K is the constant depending on the number of terms. It is the form of tooth. Generally, K equals 0.111 for 20 degree full depth involved tooth profile we use. And, steel-steel combination, commonly 11400 is the value of C. Effective load is given in that case as CSPT plus PDE. Error E, it depends on sum of error between pinion and the gear. It is given as e p plus e g. e p is error in pinion, e g is error in gear. This error depends on quality of gear and the method of manufacturing. 12 grades 1 to 12 are available in the decreasing order of precision. Expected error on the gear tooth is considered to be equal to tolerance. Now, the tolerance on the adjacent pitch, say if it is grade 1, error equals 0.8 plus 0.06 phi. Then, what is phi? Phi is given as tolerance, which is equal to m plus 0.25 square root of d dash, where d dash is again pitch circle diameter. As we do not know this in the early stages of gear design, we cannot calculate this dynamic load using Buckingham's equation. Hence, we need to calculate using velocity factor. Thank you.