Yeah, that's probably not the most traditional way to eat it. Damn, you scooping that fish like ice cream. They did give me the spoon though. What else am I supposed to do with the spoon? Then scoop. We really strive to impress our customers and give them a nice experience with Chinese food.  On one hand, it's painted as traditional and ancient and viewed with a stuck-in-time mysticism. On the other hand, there's ultra-modern aspects like magnetic bullet trains, mobile apps, and endless skyscrapers. But what about a mix between East and West that took place 100 years ago in the city of Shanghai? The high-pie period took place between the 1920s and 1950s and is a special era that's being brought back to life in 2020 through restaurants. Today, we're hitting up three different spots in NYC that really represent new retro, Chinese style, from the decor to the menus. Could this be the future of Chinese restaurants in America? And what's so attractive about this period in time that has everybody wishing they had a time machine? Let's find out. All right, everybody, thanks for clicking on that video. But real quick, I gotta tell you about the partner for this video, which is the Horizon Fitness 7.0 treadmill. It's bringing the studio treadmill vibes straight to your home, and in my case, a small apartment. It is the most high-tech treadmill that I've actually personally ever used, and it's been key during this quarantine because, you know, the weather's getting bad outside, I can't hoop as much. Plus, the gyms aren't really open and I've been eating a lot of food, as you guys know. This has a lot of high-tech features that you might have not seen in a treadmill before, such as quick dial. It lets you control the incline and speed super easily by the touch of your thumb. It's super ergonomic, rapid sync, and its performance drive system speeds up and slows down faster than any other treadmill in its class to maximize interval workouts and keep pace with instructor cues. Featherweight is assisted folding design, makes it easy to store your treadmill between workouts. It's honestly not that heavy. Variable response helps give that cushioning to protect your joints, and this treadmill syncs your workout data perfectly with popular fitness apps, including Zwift, Map My Run, and My Fitness Pal. And last but not least, it is super tech compatible. It has a console that's designed to include Bluetooth speakers, a tablet holder, and a rapid device charging port. Please check out horizonfitness.com. You can buy it off the website, or there's other dealers. And then also, the price is only $9.99 if you wanna buy it straight up, or $28 per month with 0% financing. So thank you for watching and continue with this video. Listen, it's not every day that you walk into a seven-year Michelin-star Chinese restaurant, but does it live up to the hype? And how'd they do it? We're here at Cafe China, but we're at the owner's end. Tell us about your spot. We actually opened in 2011. We are the only Chinese restaurant in town that doesn't serve American Chinese food. In 2011. In 2011. Like, now it's more common, in 2020. And our chef actually thought we were suicidal because we didn't have that. But actually, we proved them wrong because next year we got a Michelin-star. Oh, nice. How did you guys know that it was gonna work? We didn't. But I think the point is that we wanted to do this because we felt as customers, Chinese restaurant. We wanna take a friend to a Chinese restaurant that's respectable, so good food, has good service. But unfortunately, there was nothing around that we can take them to. So we said, well, we could get a chance to do that ourselves. We want to do something proper. We want to do something that we would like to take our friends to. As a Shanghaianese, my wife, she designed everything she knows of my partner and she wants to evoke a kind of cozy 1930s Shanghaianese restaurant feel without actually replicating it. When she put everything together, it all made sense. So a lot of people are a little bit confused. Like, why do you have a Shanghaianese restaurant with a Chinese cuisine? But we say, well, it doesn't really matter because it's good Chinese food, authentic Chinese food. And in a very unique environment, you guys should just enjoy it. I think that at a time where people don't really have the confidence in the Chinese culture because they don't really know how people perceive it or maybe the people who did it prior kind of like fumbled it, you guys did it the right way. And once you do it the right way, that's a spark and build other people's confidence to continue down that lane. Exactly. So now you go around, you see a lot of restaurants having no American Chinese food. They have regional Chinese cuisine. I don't want to take all the credit but I think we helped. You could serve the food you want. You could give them a decor that's unique and it could work and it could serve all types of people. So congratulations on that because now every spot gets to feel be more authentic. Man, I'm excited to try the food. Kudos to you. Like we said, cafe China, I gotta eat. All right, cool. All right, everybody. We're starting off with our appetizers, AKA our small plates. And I think it's so interesting. They serve it home style.  This dish right here, it looks like the dim sum Laomai guy. I've actually seen older people kind of cooking this in like the Sichuan or like Yunnan-like forest. Yeah, this is such a simple dish. It's a piece of beef rib and it's wrapped up in sticky rice and it's steamed. You can still see that it has the bone in on it. I'm gonna take a bite of the beef rib. Honestly, it tastes like somebody's mom made this. You really taste the flavor of the beef rib. It's not overpowered by anything. It's not spicy or it's really just savory. I think it's official, David. Anything steamed in a lotus leaf is delicious. David, our next dish is the husband and wife dish. The Fujifilm. I didn't know the story. That basically it came from a butcher and you know, there's wife wanted to save money. So she goes, you know what? Let's make a dish out of like the discarded pieces of beef. And this is what they came up with. But then over time it turns into something just like beloved. That chili oil is so delicious. It's flavored perfectly. These pieces are cut super tender. I know why. This dish alone tells me why they won a Michelin star for like six years straight. That's super good. I'm going in. Up next we have the Dandan Mian. And then I have the Koshu Aji which is mouth watering chicken. This is boneless. So a lot of times Koshu Aji has the bones in it, but they have pulled the chicken off the bone, making it easier to eat because it's true. That dish got a lot of bones. Let's try this Dandan Mian, David, here. I mean, this is probably one of the most popular Chinese noodle dishes in the entire world. Specifically from Sichuan. That's really good. Everything here has been really, really, really good. Getting that ma la, buzz. That's nice. And of course, Andrew, I've just got tendon noodles. They've been sliced to look like noodles. Then here I have the savory tofu with celery. Mm, tendon was flavorful, man. Dude, it's crazy the level that they approach these like simple dishes with. Wow. This savory tofu is a big sleeper and it surprises you because it has a very, very strong smoky flavor, which I did not expect. So I gotta say, man, this is one of the top appetizers I had. How do you make the dried tofu taste like smoked turkey? All right, David, before we get into our entrees, we have a quick cocktail break. We have three cocktails and they're all named after famous Chinese directors. 2046, Chungking Express, and then here is the only one. Lust and caution. Mm. Are you double-fisting? I am double-fisting. Calvary China right now? Zia, Zia, have you seen this before? No. All right, next we got the sauteed lobster Sichuan style. This looks so saucy. Bro, look at this piece of the lobster tail right there, man. This is gonna be really good. I don't think they got that many lobsters in Chengdu. Chengdu is very landlocked, Sichuan, generally. Well, this might be that, you know, northeast of America fusion right here, sauteed lobster. Let me tell you this, it's the right amount of spicy, but it doesn't overpower the flavor of the lobster. Wow. Man, give this spot another Michelin star this year, right now, out of this video. Bring it back. They did a great job of balancing it here.  Andrew, let me introduce the Lajiji, chopped up chicken pieces, diced with a lot of chili peppers. David, one of your favorite dishes. I am about popcorn chicken. I am about fried chicken, you know, pieces. Mm. Even though there's a good amount of crust on that, I can still really taste the chicken, and that's why I appreciate it about that. All right, you guys, we're at Cafe China. We're talking about Michelin star for six years, so much pressure, but they delivered. You said this is kung fu shrimp? It's called kung fu shrimp. Oh, and get close for this crunch. It's super hot. Wow. This is a Sichuan Lajiji. Wow. Oh, and you can eat the peppers too. They just fall apart in your mouth. Guys, these are cooked so well that they're really brolic shrimp, but you can eat the whole thing, shell and everything. You know what? I wasn't gonna eat another one, but just for looking so butterfly and delayed. David, in my hand, I have the fish blossom. Now, this is a popular dish that you'll see even at like a Sichuan or Shanghainese restaurant, but it's done a little bit differently here. Oftentimes, the fish is like kind of fried upward with all the cuts in the night of it. More of the Shanghainese style. Right, but this one has no bones, and it's actually not that spicy. I've had this dish before, and I never order it. It always has that really sweet red sauce on it. As soon as way more like angles that it hits you at, but I would say traditionally people call that fish blossom like sweet and sour fried fish. That's like how some people refer to it. All right, you guys, I am looking at a version of Sui Zhu Yu Chongqing style. This is the red one. It can come in white, it can come in green. All three of them, Andrew, they're hot. Tilapia filet right here. Oh, hold on, wait for me. Oil braised fish. Because they have tofu pieces, which almost kind of give you that texture of also fish as well. I love it that they got the pork in there too, because sometimes, you know, this doesn't have any pork. It's all bunch of fish pieces, but they threw some other stuff at you. All right, I'll tell you this. It looks like a 9.5 out of 10 on the spicy scale. I'll say it's really probably only a seven. It's not that bad. That's what I personally love about Cafe China is the fact that they give you that mala authentically, but then they reel it back a little bit. It's almost like three steps forward, two steps back. And for me, that's my perfect zone of Sichuan food.  David, this was a tough round, but what was your favorite? Two, man. Going with the lobster and the shrimp. Man. For me, I'm going with the Mr. Lobby and Mr. Shrimpy. All right, I'm coming in for one last bite, one last chili right here. This is the crispiest chili I've ever had. Oh my gosh. No leftovers of this dish, no, no way. You guys, for the longest time, Cafe China was the only Chinese restaurant on the Michelin list. And we're talking about the top tier list, the list list. I can tell exactly why. So shout out to Xi'en, shout out to Yi Ming. This is it. You cannot say you love Sichuan food and not check this out in New York. Okay, Cafe China lived up to the hype, but were they just lucky? If their second concept is just as good, then what can we all learn from them? We are at Xi'en and Yi Ming's other spot, birds of a feather here in Brooklyn. We're in Williamsburg. Thank you for having us. I mean, this place, honestly, it really has a vibe. What do you think it is that helps you guys do different designs and do something with Chinese restaurants that no one has seen before? This is Williamsburg. So the design, I want to reflect the Brooklyn spirit. I want it to be modern, to be hip. We really strive to impress our customers and give them a nice experience with Chinese food. So this round, we are doing modernized Chinese food. But, you know, the chefs are classic latrine. So they have a very strong grasp of the classic techniques. And I think that's very essential to do something creative on top of that. That's a good point. Tell us about the name birds of a feather, because you were saying that that's a more kind of a loose translation of the Chinese meaning. It's the Chinese motif for a love relationship or some brotherly relationship could be, as well. Is it similar to the Hong Kong milk tea, Yuan Yang? Oh, yeah, yeah, that's the same. Oh, that's the same one? Yes. Oh, that's the same, the half-tea, half-coffee. So it's half-tea, half-coffee. That's what I love about Chinese culture. I feel like it's so, it's got so many layers to it, is you just got to keep peeling them away. This was already just fascinating just talking to you, and we didn't even get any food. So I can imagine how good it's going to be once we get to the culinary aspect. All right, you guys, we are here at Birds of a Feather. They do some modernized versions of Sichuan Thai. We got to start with the dishes that are most eye-catching. Well, immediately, then I would go to this Pidan Dou Fu. Wow. What a special green chili mala version. Bro, that is by far the single most aesthetically, I got to say, pretty dish or beautiful or cool. That is the most beautiful Pidan Dou Fu I've ever seen. But then I got to try, this is the fried eggplant in sweet and sour sauce, but this one's spiral cut so that it kind of stretches out. It's very interesting. It's gone. Mm. That is so good. What is this eggplant stuffed with? It's actually not stuffed with anything. It's just cut in a spiral so that it kind of stretches out, so there's crispiness in between the slices of eggplant. OK. It's delicious, man.  It does fall apart quickly, so you got to eat it. Hurry, hurry. I've got to say that that's one of the best Pidan Dou Fu I've ever had. That's incredible, man. Wow. I'm really impressed that Yi Ming, obviously, as a designer, she was able to make things aesthetic, but then still bring the flavor. David, you're a fan of matcha, and they all have all types of beer and sake here. And this is a beer from Kyoto. This is a matcha IPA. Oh, green. All right, Anna, so they do have some Shanghainese touches here on the menu, makes sense, because the weird thing about Shanghainese food is, Andrew, is I feel like Shanghainese is not embraced as an entire cuisine, but certain dishes are almost ultra-embraced. Oh, there are certain dishes from the Shanghainese cuisine that are everywhere. And this, of course, the Shaolongbao is one of them. I did not expect the Shaolongbao to be that good. That broth has a lot of, like, ginger flavor in it. That was a really good Shaolongbao. Let's get through these appetizers real quick. Give me some of this, what is this? This is a peanut tofu dish. Mm, that's silky and buttery. Wow. What? A lot of people might think that a really soft tofu with just chili oil and nuts is nothing special, but I'm telling you, you haven't had this one before. In these next two, one's a classic, and one's not really a classic. Here, we have the one tons of chili oil, and then here, we have the okra wrapped in pork belly. That's different. Oh, my goodness. Mm. I've never had that before. That's an interesting cold dish right there. Very sweet, actually. This is a little bit elevated looking. This is just not like some regular spicy one tons you got. Ooh. That malatake hits you right away. Wow. I would say it's very authentic about those hongyo chaosos, those spicy one tons. It's more ma than la. Mm. Like we said, guys, earlier, Sichuan at its core is supposed to be more ma than la. Next, I have a Sichuan smoked duck. Actually, you know, it's just a smoked duck. It's seasoned heavily. It's very flavorful, so you don't even need any sauce. This is just wood ears. I'm sure this is way more flavorful than it looks. Mm. One of my favorite Chinese salads is the wood ear salad. Wood ears is not really something that's eaten in Western culture often, but in Asia and other cultures, you know it's popular. This is almost like the cooldown. Almost like that radish you get in Japanese food. Dude, that is wiping clean all the mala from my mouth right now. This tea smoked duck is actually something I do know that they do eat in Sichuan, but maybe not visually in this form. Mm. Tea smoked duck. From Sichuan. It's smoky. It has this really deep tea flavor. It's a little bit spicy, but then this white bao, this bun right here, kind of adds that soft sweetness to it. Mm. Almost it tastes like it's been grilled on top of like some oak wood. All right, in my hand, we are returning to the Shanghai Knees Cuisine. This is the Shanghai Shaomai. We have here a Sichuan version of cold roe. So this is slices of braised marinated pork belly on top of preserved veggies, on top of house-made tofu. Mm. All right, guys, let's try the Shanghai Shaomai. I would not compare it really to the Cantonese Siu Mai because it doesn't have the pork, it doesn't have the shrimp. It obviously- The meat. Yeah, it doesn't have the really, the meat has a little bit of pork inside, but it really does taste more almost like a sticky rice dish, just in a dumpling form. Andrew, look at this. Look how aesthetic this is, Andrew. I mean, how different does it look than like Chinatown? Bro, this looks beautiful.    Let me just dab that. God, it's good. We gotta get some sparkling sake they have here. Sparkling sake is fire. Here we go, David. I'm pouring this sparkling sake. Let's do that. And I have the authentic Mapo tofu. Some of these Chinese names when translated to English are hilarious. Mapo tofu. Mm, super deep, dark flavor, very beany. Spicy, but not that spicy. The tofu has the perfect consistency. It's kind of plump, but not too firm, definitely not too soft. Man, between this and the peat-on tofu, you might be like some of the best versions of this dish I ever had, man. Bro, what the? And we didn't even get to the final dish. We didn't even get to the final boss. What, just tell us, man, about King Koopa. King Koopa is a huge fatty tilapia fish. Bone in, as you know, keeping it authentic. Lots of peppercorn, lots of chilies. Oh my God, let's go. Sichuan fish, tilapia. They're able to really strike that difficult balance. There's a lot of ma, just enough la, but not too much. You scoopin' that fish like ice cream. All right, let me, let me. I love steamed fish, man. We just finished two spots from a husband and wife designer, restaurateur couple, ZN, Yiming. Philosophers, I'm gonna just throw that in there for them.  I was like, yo, the way she's talkin' about it, man, I'm enjoying the food even more. Listen, guys, if you guys are into Chinese food at all, especially anything spicy, you need to check out birds of a feather. Everything's done so intentionally. This is just the future of Chinese food. They're thinking about everything, not just kinda doing it in the big picture, doing it in the big picture, and the mid, and the micro, micro, mid, macro, those are the three levels of perspective, they got all of them. What do you think the future is of Chinese food in America? You're going to see a lot more diversity in terms of regional cuisine. I think the Chinese chefs are going to try to find new ideas based on their cultural backgrounds, and that is going to feed into kinda mainstream American cuisine. It's still a big world to develop. I think people start to get to know Sichuan and maybe some Chinese food, but, you know, adventure means food. It's somehow still limited, so I think there is a lot of potential there. So maybe Xi'an and Yiming are the J and Beyonce of romantic Sichuan food in New York City. But, up next, we meet a pair of young entrepreneurs putting Hunan food on the map in their own way, and they just opened up. All right you guys, we made it all the way to Midtown. The 1920s, 1930s Shanghai aesthetic continues. We are outside of a spot called Blue Willow. It actually just recently opened up. It has a similar aesthetic and it's super vibe-y inside. They serve a lot of Hunan and Sichuan dishes, but since we just had a lot of Sichuan food, we're definitely gonna focus on the Hunan dishes here. All right, we're here with Vincent. He's the owner of Blue Willow. As far as the design, you went for kind of like a 1930s type of Shanghai, Hong Kong vibe. What made you want to pick that approach? Me and my girlfriend, Mandy, we always think that like we probably, you know, we grew up in a different time than what we would like to be. We would like to be, you know, born in that period of time. There were a lot of just very romantic times. Why did you want to open up a spot like this? The reason why we opened it up is because we want to change the approach for Chinese cuisine, change a lot of stereotypes, and trying to bring more exposure to Hunan concept, just different sort of spices that specifically comes from Hunan. What is people's reaction? The reaction is, I think it's because they haven't really tried many Hunan food, so they'll probably associate that with Sichuan food. But once we explain to them that these are the differences between Sichuan food and Hunan food, then they're like, oh, you know what, you're right. This is more spicy. This is less mala and this is less sweet and sour, but it's delicious. We have, yeah, a lot of Hunan these people come here. Their reaction is just like, we're glad that something like this opened up. We are eating at a 1930s, 1920s Shanghai themed spot, Blue Willow, but eating authentic Hunan food cooked by Chef from Hunan. We have a feast in front of us. David, I think we have to start with particularly Hunan dishes. We are looking at the preserved pork with preserved radish. This is an incredibly Hunan dish right here. Super smoky. They cured this pork for a month. I will say this about Hunan food. It doesn't look as cool or colorful as Sichuan food, but to me, the flavor is just as much there. Hunan la ro. I love this dish because it kind of gives you that bacon vibe, but it also gives you a lot of crunch from the veggies. It's a really good balance. Bro, that's like eating Chinese smoked bacon right there. Dude. I think for Western palates, Hunan food's gotta be the most slept on Chinese province. In terms of like, it's completely unexposed to Western taste buds, but they'd like it. This next dish is one of my favorite. David, this is the Century Egg Clay Pot with eggplant and peppers, and it's mashed up with this mortal and pestle. Trust me, the flavor is there. Mmm. Wow. Whoa. This one's bamming me. I love this dish, man. So good. As you smash it up, it becomes really smooth, especially with the duck egg yolk that's preserved there. Moving on to the world famous, Mao's Hong Xiaorou. So Andrew, Mao Zedong, obviously, a man who needs no introduction, but Mao actually really loved eating this. I love how they put it on a bed of bok choy so you kind of get the vegetable balance in there. This Hong Xiaorou is cut into smaller pieces. I actually prefer that. Yeah, some people like it in really big pieces. Guys, Mao's Hong Xiaorou. Mmm. Usually this dish is very savory, a little bit more sweeter, comes in like the big pot. I actually really like this one. It's extra spicy. Chairman Mao knew how to pick a pork belly. Immediately, Andrew, between the eggplant, pidan tofu and the Hong Xiaorou, crazy. All right, our next two dishes. Here we have chicken wings with fried Lao Gan Ma chili sauce on it. I've seen chicken wings many different ways, Andrew. This is my very first time seeing Hunan chicken wings. And then here we have the salted egg yolk corn. So this is called golden corn. It's covered in salted egg yolk. It's fried. It's a great snack.  You want to grab a Hunan wing? Do I? Look on the inside. Ho ho. Hacking the flavor. Even though this is a small wing, it's got a big flavor. I've got to tell you that that is a new one and that's a good one. That's up there. All right, guys, trying the golden corn. It's a little crispy on the outside. It's juicy on the inside. It's got that sweet corn juice burst into my mouth with the salted egg yolk flavoring. I like that a lot. Wow. I gotta say, man, the food here at Blue Willow is really, really good. Two more pan Chinese dishes that are not particularly Hunan, but served at a lot of spots, David. Classic spicy wonton.  This is a staple dish that I think everybody orders. That's a hot one. Whoa, David, if you think that's spicy, let me cool it down with some salted egg yolk tofu. This salted egg yolk tofu would definitely be the cool down dish. It's got a calming effect. All right, in my hand, I have the Hunan take on Arctic surf clams.  We're in America now. We're in the Northeast. We've got access to great Arctic surf clams. Let's Hunan it out. Ooh, wasabi kick. I don't know why wasabi just across the board just works well in seafood, man. Mm. All right, we have the Hunan fried rice. And what's very Hunan about it are these little preserved green beans. I would say the Hunan food is really good, but maybe one of the things holding it back is that due to the use of preserved veggies and stuff aesthetically, it doesn't really hit with people, you know what I mean? With the bright contrasting. But I'm telling you this, just from a flavor perspective, it's crazy deep. I have the Hunan brine beef rice noodles. They eat rice noodles a lot of Hunan. And look how much flavor this has. David, you're holding up. I have a Hunan braised fish right here. This looks like the end scene from a crouching tiger hidden dragon where like the red leaves are falling. All the chilies on top of that actually really let the fish shine. And there's kind of this brightness to the chilies. And that's what I love about Hunan food is that the chilies are not always like cooked and dried to the point where they're like pulverized. I really like how it's still bright and fresh.  Going coming here in a blue villa, I did not really know what to expect. But I honestly put it up there. Food has been hitting specifically the Hunan food. Guys, this is the beef rice noodle. Whoa, tell them. Whoa, specifically the noodles themselves, man. Whoa, I don't even need the beef. Wow, when noodles are that brown, you know they got the flavor. If you love delicious food and you guys happen to be in New York City around Central Park, come to Blue Willow. This is the fish filet chili pot. This is a popular Sichuan dish. They have fresh peppercorns on top. We're gonna pair that with this Sichuan cocktail because they put a Sichuan chili and some peppercorns in this malai drink. This is insane. Oh, mm. Wow, got a spicy kick on the cocktail. No, not bad, guys. Fish filets are cut very thin. The malai kick is not too crazy. The numbing is not overpowering. It's still very enjoyable. Shout out to them. They found a good balance. I think what stands out to me too is how thin the fish slices were and they were deboned. Yeah. David, what was your top two dishes that you had here? That just surprised you. It shocked you. Oh my goodness, man. I love Hunan food and I actually just reminded me that I don't get to eat it enough maybe because it's not presented in this modern, cool, elevated way. But I would have to say a plant-century dish and then I'm actually gonna go with the preserved pork dish. Ooh, not bad. This was a killer. Yeah. My favorite that surprised me, I do have to say, I think it's the beef rice noodles. It's such a simple dish. I didn't, to be honest, expect much from it but I enjoyed it so much. And then I do have to say, man, the century egg clay pot. This is a winner right here. If you guys ever get the chance to try this, go to Hunan restaurant and order this dish. Please, because anybody who makes this dish is probably gonna do a good version of it. We have tried so many different things on this crawl. Sort of understanding where the future of Chinese food is going, specifically with the Shanghai 1920s, 1930s aesthetic. I know it's such a popular design sort of genre right now. This is the aesthetic nowadays. This is where people wanna eat food. It just seems like kind of this era that people really wanna hold onto and remember. And I look forward to seeing even maybe more spots opening with this aesthetic. For decades, Chinese restaurants in New York City were in a funny position. They were either a great value but had questionable service. Or you only wanted to eat there with your elders or family. Or they were wildly overpriced for those outside of the community.  And when it comes to changing the image of Chinese food, it starts on an individual basis. Every customer served is another customer that has a wider range of what they believe can be Chinese food. So maybe we just wanna expand what it means. I mean, it can be $3, it could be $30 or it could even be $300. And maybe it's still worth it at all those levels. Thank you so much for joining us on this very special episode of Phone Girls Food. Make sure you like, subscribe, turn on your notifications. And you guys, please let us know in the comments section below what you think of the whole 1920s, 1930s aesthetic. And until next time, we're out, please. What do you think it takes to be as intentional as you guys are as a couple running all your restaurants? The two of us will be coming a long way to this point. You know, enjoying the adventure of food. I think people can travel through food. That's really the biggest encouragement for us to go further.


Cymru o'r rhan o'r newid o'r Cymru a'r Cyflawn yn Ffornbyr Golf Club. A'r ydych chi'n meddwl am ffarnigolio a'r ddaf ddechrau o'r ddefnyddio a'r ddechrau o'r ddefnyddio wedi cael ei ddefnyddio gan y dechrau i gael eich ddaf yn y gweithio ar y dyfnod yma. Y dyfnod y bydd eich ddefnyddio yn y ffordd cymdechrau ac yn ddefnyddio'r ddefnyddio i'r ddechrau i'r neu oedd ychwanegu Paul Lory, ac mae'r caelwch Cyfnod yn Paul McGinley, yn cyfeirio i gael y cyfnod hynny. Ond yn ysgol, mae'n mynd i'n gweithio bod nhw'n gweithio'n gweithio'n gweithio. Ac byddwch ni'n ystod fwy fydd yw'r gweithio'n gweithio. Ond ystod, roeddwn i'r ffortun wedi gweithio'n gweithio yma. Wrth gweithio'n gweithio'n gweithio, wrth gweithio'n gweithio, wrth gyntaf ar y proam, a mae hynny'n gweithio. Rydyn ni diwethaf o'i gynnig yn y blygu. Rhyw'r cyffweithio peth o'r llun o'r clwp ac mae'n gweithio gorffod yn gynnig a wneud o'n meddwl i'n teimlo'n i'n gweithio'n meddwl. Byddwyd yn chweithio'n gweithio ac yn cael hyn gennym yn cynnig yn mynd ddigon ti. Felly ddim yn peirio'r gr聊og ac mae'n fuch arni. Rydyn ni'n meddwl i'n meddwl i'n meddwl i'n meddwl i gynnig yn y gynnig a wneud o'r gynnig. a'r adeiladau efoesio yng Nghymru i'r trafodd rwy'n gofio a llwyddo i'r holl yng Nghymru. Roedd ei wneud pan fydd iechyd iawn bach cyfranoedd gwych-diedrwydd. Yn y byddai'n gwybod, ei llwyddo i'r ddechrau'r cyfeirio cyrfryd. Caerdyfodd a'r ar concerns, mae'n chest i fynd yn obsfynol ac mae'n bryd i waspysig. Rwy'n dweud yn rhoi'r ffordd ac yn ei ddechrau'r cyfranol. ac mae'r ddweud yng Ngwylio Fyllgrifennig ac mae'n golygu nad yw'n mynd i'w ystyried yma'n dyfynig. Rwy'n golygu yng nghymru yng nghymru, yng Nghymru yng Ngheirwyr Ewropeyn Ysgrifennig, a'r TV yng Nghymru Chris Hollins yng Ngheirwyr Cysylltu Gelf Mwylwyr. Rwy'n golygu'n gweithio'r gwrs ac mae'n gweithio'r gweithio'r gweithio'r gwaith. Gaelo'r dda i'r hwn o'n cymryd, gaelo'r dda i'r hwn o'n cymryd? Rwyf yn fawr, fel'n gwaith yn cydyddwch i'n meddwl bod yn gyflawn, rwyf wedi'i gofynu'r gweithio'r hynny. Felly rwy'n gwybod â'r hynny wedi'i gweithio'r Nickerwil champion, sefydlu sut yn rhoi, a'r fawr hyn yn gweithio'r gweithio'r gweithio'r gweithio'r gweithio'r gweithio'r yw'r llanel. I can't not tell you that. Second thing is, where five holes in of a shotgun start. I've birdied two out those five. Bogie two part one, so level part through five also. Right now, it's all going good. We're green in red on that six hole as well, so. But yeah, it's an amazing experience is the other thing to report. There's crowds here, there's people watching. We've had a couple of round of applause for the birdie putt so yeah, really good so far. Oh, that shot, well done mate. Can I say, when you say team? Yeah, yeah. We're eight under and the lead is 10. Okay, that's right for me. Oh, that's good. Cos I'm 15 over. No, no, no, you're not. Right, it's a bit of an update for you, so I don't know how many holes we're in now. We're perhaps about halfway. All I do know is we've just gone to the top of the leaderboard, on a digital scoreboard here, and we've just gone to 14 under, we've had two really good holes by where we've gained quite a significant amount of shots. The good thing is game is still just about holding on at three bad holes on the run and bounced back with two half decent ones. So at the moment, we're on the top of the leaderboard with perhaps nine to play. When you need him. When you need him. He said, you know, how do you handle pressure? We've just gone to the top of the leaderboard. Now, a quick point to note is that as an amateur, you can take part in this event in two ways. That's you can do what I did, which was play in the celebrity series proam, or you can in fact play in the main event itself, or I suppose you could do both if you wish. These events take place literally all over the world and you're playing alongside these grades in every event. So what I'm going to do is a website up on screen for you now. Take a look at that website and if you fancy it, then I fully suggest that you give this thing a go because I can assure you, as you can see from my experience, I very much doubt you'd regret it. Basically, we've got two holes to play, which is that look at the leaderboard, which is the first time we've seen it, which is on adjacent to the 18th green or one shot off the lead. Leader is on 18 under, we're on 17 under. We've all got drives away down. What is the first, which is our final hole? So keep your fingers crossed, we need a few more birdies on these last two holes and we mightn't be too far away. Right, so the round has come to a finish. I can report that we wilted slightly and we were too off the lead in the last couple of holes, but unfortunately somebody posted 25 under in the end and we dropped out of the top three when we finished on fourth place with 18 under. There's a respectable performance, but I think more importantly what an enjoyable day that is. It was difficult to speak throughout because you're so sort of engaged in the process yourself and trying to look after your game, playing in front of a crowd is really, well, I suppose I'd class it as a nerve-wracking but very enjoyable experience and a great way to test your game. The pro and all the celebrities have been incredibly friendly and welcoming and it was a really enjoyable thing to be a part of. So I've already outlined about how you can get involved and all I can say is I would fully recommend it. I've enjoyed every bit of this day for me golf club was spectacular and just unfortunately we felt fell a few shots short in the end, but there you go. You can't win them all. Right, thanks for watching. Let me know what you thought of this from the comment section below and you see me swing today as well. Is it getting me better? Let me know about that and I'll see you all very soon.


Welcome to your daily news update from the Frankfurt Office of CMC Markets. The German budget office has actually calculated that the surplus in the first half of this year is at a new record high. It's higher than ever. It has ever been since the 1990s. And so that is in stark contrast to what the Congressional Budget Office in Washington calculates for the first for the counting year 2016. The deficit in the United States in the budget there should be higher or was supposed to be higher by 56 billion dollars compared to the first calculation in March and it will be higher by 152 billion dollars compared to the total deficit of the year 2015. So in total it will be 590 billion dollars. The reason for this is the lower tax income. So if you look at GDP growth in the first and second half of this or a first and second quarter of this year, it was disappointing. So everybody is watching tomorrow's GDP data which will come out in the afternoon which will be the first insight, the first glimpse into the growth in the third quarter in the United States. There are several market participants expecting actually a rebounding growth. So tomorrow afternoon, big point for Eurodollar and the equity markets. When you look at the budget surplus for Germany, that is a result of the low rates. If you look at the 10 year bond futures, the rates hover around a percentage of zero. So it's actually free for the German government to get money for a 10 year horizon. They won't have to pay any yields on that. And so that is something that profits Germany. We have that record surplus but it's something that is necessary for the periphery states in the Eurozone. But it might be a little too much for the German government but actually that's the situation right now. The bad results out of that low rate environment is that profits from banks in the Eurozone are going down. The ECB calculated that the actually profits from the banking sector in the Eurozone has dropped by one fifth or 20% in the first quarter compared to the year earlier. So their original business of lending money has really had a bad time and the situation didn't change by now. So profits by banks are really negatively impacted by this low on a zero interest rate environment. Then we had the oil price yesterday which dropped meaningfully after inventory data came out for the United States which showed an increase in inventories and also showed an increase in production. That has been the result of I guess it was eight weeks in a row that the active rig count in the United States went up by almost a hundred rigs which is comparable only to the year 2014 when the fracking industry was really increasing production very fast at very fast rates which was a result of the high oil prices of 110 dollars. Now in the past eight weeks WTI hovered between 40 and 50 dollars so it seems to be satisfying for the fracking industry right now to have oil prices between 40 and 50 for them to again increase the production levels. So that is something that we should watch on a daily basis. What we can use is publishing statistics about the active rig counts that it could be a sign of where inventories are going to go in the next weeks. So yesterday it was all about fundamentals again it was not about rumors from Iran Saudi Arabia whatsoever it was just about fundamentals and if you look at the fundamentals if you look at the inventory data in the United States it's still signaling that there is a stock oversupply for oil markets for global oil markets and so that makes a breakout to the upside about 52 in print about 50 dollars in WTI less probable for the time being.


Hi everyone, Joe, for jaspyscasebreaks.com coming at you with 2020 Panini Mosaic Football hobby pack break number 94. We're going to do one of these hobby pack breaks and then give away spots in that NT right there. So a very big thanks to everyone here for getting in on the action. We're going to do the pack break itself first and then we'll re-randomize your names to see who wins those NT first off the line spots. And that break will be in a separate video. Six into two, eight times for the names and teams, one, two, three, four, five, six, seven and eighth and final time, Matthew down to David, and then six into two, eight times for the teams, one, two, three, four, five, six, seven and eighth and final time. And it'll be a different dice roll, of course, for the actual give away part. Cardinals down to Colts. All right, so here's the first half of the list right here. And there's the second half of this right here. No trade windows in these things. Wow, Michael P is saying that there's no power in the Queens area of New York. The Mets games postponed too. That is wild. Be careful. All right, let's select a pack here. So let's use a die. Let's roll that diet. Use that one. That seemed to be eager. We'll go one, two, three for the left side, four, five, six for the right side. Six, right side. Since there's only two packs left, we'll go one, two, three for the top pack and four, five, six for the bottom pack. And it's three. One, two, three, top pack. Yeah, Adam Cooperman's out there in that area too. Yeah, big storms out this way, he's saying, causing some problems. There's the Shawn Watson Silver, Dan Marino Red, and introductions, Justin Herbert. It's not bad for the Charger, Shawn. Shawn Aldinger with that one. Well, careful out there, these coasters. Especially with those power rods can get pretty dangerous. All right, so nothing too crazy there, but let's flip back to this screen here. And let's give away those spots from Matthew down to Matthew. There's the dice. There's the blank list here. And it's going to be the top nine after nine. Good luck, one, two, three, four, five, and ninth and final time. Top nine after nine. So from 10 on down, it's going to be sad times. We'll get them next time, but I appreciate you trying. And it's going to be happy times though for the top nine. And that's going to be happy times for Matthew, Matthew, Matthew, Shawn O. Adam, Rosario, David, Matthew Shearer, and Matthew, what a result for Matthew Shearer. Congrats again to David, Rosario, Adam, and Shawn O. But a nice run for Matthew right there. There you go. All right. So I'm Joe for Jasper's Case Grades.com. We'll see you in the next break for the next one. Bye-bye.


So sneakers app just had a live stream going over all the sneakers said to drop this summer in 2023 So I wanted to run through some of the sneakers with you guys because I'm kind of excited about some of these releases And I'm pretty sure you are too first up right here We have the Air Jordan 11 low cement gray now these kind of give me cool gray 11 vibes But I understand why people don't consider them as that just because it doesn't have the all gray upper And you got the white mesh with the white leather on the back end the gray jump man And then the white 23 around the heel area And then you got a little gray hit with the Jordan branding on the tongue as well So this shoe right here looks like a really really clean shoe. I think a lot of people are gonna like it I'm not sure if it's gonna actually be a sneaker that sells out per se But I can't say because the shoe is so simple It looks like a lot of people will easily be able to wear this with a lot of different outfits Especially during the summertime so let me know what you think about these down below in the comment section They're said to release April 1st and retail is gonna be a hundred and ninety bucks next up right here We have the Air Jordan 3 lucky green So this right here is actually gonna be a women's release And I think the colorway is simple and it's clean and you cannot go wrong with this Something kind of similar more to like a fire red or this color blocking like that or the true blues or different things like that now This shoe in particular. I'm not sure if it's gonna sell out like I just said on the other ones I don't know if these are gonna sell out either just because we've seen over the track record over the past few months or the Past couple years honestly Jordan 3's that have a white upper on them cardinals fire reds even the wizards Which we will talk about in a second. They've all just kind of been sitting so when they release I think it will be a pretty easy cop for all the women that want to get them I'm not sure if this is gonna be extended sizes where the men will be able to purchase this shoe if they want to have it I'm a size 13 in men's so I'm not sure if I'm gonna be able to get these in my size But if they do come out of my size I wouldn't mind grabbing these and hopefully I can find them at a discount or at least be able to get them for Retail now these are set to release April 6th and retail is gonna be a hundred and ninety dollars on this shoe I think a little bit more reasonable Everybody's really loving it when the shoes are a little bit under the $200 price point because yes It does get expensive Even if you were to cop all of these sneakers because it's like 12 or 14 different shoes Even if you got all these at retail without paying the resell value, that's still a lot of money Oh, yeah, and before we take it into the next shoe if you didn't know by now My name is DJ and this is the DNA show now next up on the list right here We have the Air Jordan one lucky green and this one right here also known as the Celtics ones Everybody's gonna be going after this shoe At least I have a feeling everybody's gonna be going after this and it might be a biased opinion because I still have my DMP ones Which I should have pulled out for the video, but either way I still have my pair. They're super fresh They're clean still actually made a tick talk about those a few days ago talking about that But either way, I think it's a clean shoe I'm excited to see how they do with the materials the cuts of the shoe The other one was a previous retro with the jump man on the back So it wasn't as nice and people didn't really like the materials as much as they do now with the current retros That they're making on Jordan ones So because of that I think there's gonna be a really good demand and a lot of people missed out on the previous retro When that one came out so I'm excited to be able to put these two together Give you guys a review and definitely add these to my collection and you know me I'm a organ ducks fan. So the green it just makes sense. I gotta have this shoe next up right here We have the wash pink Air Jordan one now This is a women's colorway and it looks like the retail is gonna be 180 bucks Even though it is a women's drop sometimes actually most of the times They do a really good job when it comes to the materials on the women's sneakers So for this one in particular, I think it's gonna be a nice shoe again The color is gonna be a little bit hard to wear with a lot of different things But you can kind of mix it with a lot of different things at the same time Depending on your style and your fits because it is kind of neutral at the same time So I know that might be contradicting itself But the reason why I'm saying that for both angles is because everybody has different style And I could see why people would be able to wear this with a lot of different outfits So let me know what you think about these down below in the comment section and the retail being 180 bucks Damn, bro. Things are getting spendy next up right here We have another personal favorite on this list and that is the Air Jordan 13 black flint now These are gonna be hidden for 200 bucks I love the OG flints and then the red flints that came out after that so to see these coming out I gotta get these I think this is a really clean shoe The Jordan 13 is fire the color blocking on the shoe is fire and to be able to have this all black version Going with a lot of different outfits is gonna be a great option for a lot of people and everybody knows typically when it comes to Jordan 13's They don't immediately sell out But they do kind of go pretty quick and then over time the price starts to go up And it's never been a model that people just disliked You see a lot of colorways that a lot of people end up liking so overall I think it's a cop and I think a lot of people will be happy with this release as well Now next up on the list we have a sneaker that wasn't on the actual drop list from sneakers app But I had to throw this in there anyways, and that is the Air Jordan one low Travis Scott Olive Everybody's been anticipating this sneaker. So I had to throw it on the list I know they didn't show it on the app But either way this is definitely gonna be one of the hot shoes for the summer and we know everybody's gonna be going after it So I wanted to forewarn you now because it's gonna be a lot of people going after this shoe And if you can get it for retail, you know, you're gonna be able to resell it for good money But if you actually want the sneaker, I'm wishing you guys all good luck because it's definitely gonna be a high demand for that shoe also if you guys want to see any other information about all the shoes that I'm listing I'll have all the information down below in the Description release date style codes numbers retail you name it all the information It'll to be down below So make sure you guys check the description underneath this video and I'll give you guys more details And if we have any updates, I'll make sure that I update the list as well for you guys now next up right here We have the Air Jordan 3 wizard I just got done shooting review and dropping that video as well So if you haven't seen that video, I'll make sure I'll link that down in the description for you guys But this is gonna be the true blue and copper is what they call them But everybody else is calling them wizards, which is actually interesting that Nike and Jordan brand decided to call them true blue and copper You guys will see what I'm talking about just watch the review I did the comparisons between the true blues and this shoe right here, but either way I think it's a nice shoe I explain everything about that shoe with the release and the price predictions and everything like that So make sure you guys go check out that video. It's definitely a cop for me Let me know what you guys think about these down below and let's take it to the next shoe And that is the Air Jordan 2 white cement gray now these right here. They're clean. You can't go wrong with these It's a gray and white shoe. Well white and gray shoe, but either way I think it's a clean shoe now Do I think these are gonna sell out? No, we know that Jordan twos aren't as hot and again white shoes They just look big and bulky So sometimes they don't go for everybody and I understand those reasons why as well people tend to like just darker Colored sneakers when it comes to the overall color blocking and the overall color scheme of the shoe So again, it's a preference-based thing between every single person buy what you like at the end of the day That's definitely the most important thing and I'm interested to see what you guys think so drop a comment down below Retail on these is gonna be a hundred and eighty five bucks next up right here on the list We have the Air Jordan 11 low and a women's color way and this is the yellow snake skin 190 bucks for this shoe and I think these are going to sit for a long time This colorway is just not doing it for me. I don't know what it is Let me know what you guys think again like I said, I like the yellows and I like the greens and everything But these just ain't doing it for me So I don't want to say too much besides the fact that this is not a cop and obviously it's not meant for me So it is what it is But either way I'm gonna pass on this shoe if I did have the opportunity to get these Let me know what you guys think down below in the comment section now this next one on the list Everybody's gonna be going crazy for this shoe and you already know what it is the Air Jordan 4 Thunder we've been waiting for this shoe to retro again This will be the third time that the shoe has come out and there is gonna be a high demand for the sneaker Jordan 4s are popping right now. The thunder is a grail colorway in particular So, you know a lot of people are gonna be want to double and triple up on the sneaker rock one stock one all those different things I know for a fact there's gonna be a problem when it comes to this release So let me know what you guys think and hopefully again. I'm wishing you guys good luck on this release because I know It's gonna be a struggle now this next shoe I don't think it's gonna be too hard of a problem to get and that is gonna be the Air Jordan 1 Craft these right here are interesting again. Like I said, it looks like the materials on the shoe really really nice But the colorway and everything with the what the what it what kind of is this like a I don't know if this is a suede or not. I can't really tell on this picture right here But either way I'm interested to see how this one turns out to the public and what everybody does with it just because again It might be a little hard to wear. Yes I know it may look like a predominantly white or a predominantly sail sneaker But that material on the back in and on the swoosh might throw some people off and cause them to kind of stay away from it a Little bit because yes It's a hundred and eighty bucks and I could understand why they would want to spend it on a different shoe Now this next shoe right here the black smoke gray Air Jordan 1 I think people would rather spend their 180 on that shoe compared to the craft But again, it might be preference-based and maybe I'm wrong I don't know maybe people like to craft more than they like to smoke gray one I don't know. Let me know what you think at the end of the day Like I always say just buy what you like But either way this shoe look like it's made with a solid set of materials and I feel like a lot of people aren't gonna be mad at it For me in particular, I think it is a nice shoe But I'm probably gonna pass on it simply because I already got about 80 pairs of Jordan ones in my collection So I got to be a little selective at the same time now next up right here We have the Air Jordan 5 se craft retail is gonna be 210 bucks and Fives aren't popping like that. So I'm not sure how this one's gonna go I think it's gonna be a really nice shoe and the people that get it are gonna be happy with it But I think people are gonna have a really easy time getting the shoe, which is a good thing Honestly, I think that's a really good thing I'm just not sure how it's gonna go in the long run and how people feel about it This one I really need you guys's responses down below in the comment section when it comes to the craft Air Jordan 5 It looks like a solid shoe. I think it's just I don't know like realistically If they brought back the wolf gray fives Now then we'd be up to something, you know I'm saying like that was a good time I remember when those dropped I used to have those in my collection for a long time and they started to yellow a little bit And I got rid of them But either way the wolf gray five now that would tickle my fancy next up right here on the list We have another shoe that I'm really excited about and I don't know exactly how it's gonna look in person But just off of all the images that I've seen I think this is gonna be a really clean shoe It's something dope to rock especially on a og one low and that is the black cement OG one low these right here are gonna be set to release at a hundred and forty bucks I think they might go somewhere around that price point when they release but at the end of the day I think the people that really love the idea of elephant print on different sneakers and the mixture of materials and textures and different things like That a lot of people are gonna love these I can see some people pulling some firefits off with this shoe as well Hopefully I can pull off a firefeit I don't know we'll see when the time comes in the summertime But either way I think this is definitely a really clean shoe and I'm not mad at these at all I like how they did the suede and the different materials with the white swoosh and everything given a little bit of pop And you got that was that like a sail or a gray Nike air right there on the tongue the wings will go on the back This is a clean shoe I like these and honestly it might look clean with some sail or some white laces in this shoe But the all-black murdered out that looks good too. Okay last but not least trust me when it comes to this release I need two pairs of these for sure. That is the Toro Bravo Air Jordan 6 I got the fours. I got the five so you know, I gotta have the sixes and I love the Jordan 6 That's my favorite model. So this shoe right here already suede clean now if these would have came out Let's say five to seven years ago. I guarantee you Everybody would have been going crazy, but because current time and what it is right now I think it might be one of those shoes that's like oh if you missed it You can still get it at a good price type situation or you catch it on a restock or something like that And then later down the line years down the line It's that 350 or $400 sneaker because just like everybody sleeping on the Georgetown sixes right now I think this might kind of fall in that lane even when the rage and bullfives came out again and they retro'd remember They didn't really sell out like that. They were really accessible and resale prices weren't that crazy So I don't know that's just kind of my prediction again We'll see what happens when the time comes But either way I need two pair of that shoe and I'm excited to add some of these to my collection So with all that being said I appreciate you guys as always don't forget to subscribe and I'll see you guys in another video Yo before you go, I just launched my sneaker head Academy where we got everything on the inside I teach you all the stuff that I learned over the past 15 years when it comes to sneakers scaling real estate You name it we talk about all of it in there and there's a eight-week program plus a bunch of monthly giveaways I give away shoes literally way too much honestly, but either way I'll see you guys on the inside hit the link down below in my description or pinned in the comments section for DJ sneaker head Academy, and I'll see you guys over there If you made it to the end of this video drop a comment down below and let me know What is your favorite Air Jordan six colorway of all time for me infrared sixes without a doubt


Boy smells something strange on bus then notices driver acting weird Don't do it. His friends stressed in a hush voice his eyes widening as he began to worry about what Troy was about to do But as they moved on the seat again, he knew something wasn't right Next to them. There were two girls with tears running down their cheeks Troy knew what he had to do. He picked up his bag At bonita elementary the kids lined up along the sidewalk The school day was over now and the kids just wanted to get home The bus doors opened as the kids piled in The bus vibrated in the laughter and chatter of children. It was a normal average day But then Troy looked up at the driver's seat. There was something out of the norm Normally their bus driver was a man, but as Troy looked at the person behind the wheel He noticed it was an older woman She didn't seem as friendly as the regular bus driver She ignored the children and just looked straight ahead with a frown forming on her lips This was the first substitute driver, but Troy noticed a smell as he walked by Troy sat down in his seat near the back of the bus, but didn't take his eyes off the older woman behind the wheel It was behavior only a big brother would have like one with so many siblings The woman's hair was thin and withered. She held the steering wheel with her bony knuckles They stopped off at the first drop-off point just like normal, but then it was time for their second stop The woman didn't even slow down. They just kept driving The child who stopped that was looked around in confusion By the time they'd missed their fourth stop Everyone on the bus was wondering what was going on. Where were they going? The kids noticed the right curb come closer into view then the left curb It went back and forth between the two sides of the road Troy hadn't kept his gaze off the woman driving She was driving recklessly and dangerously He felt a knot form in his stomach and he knew he had to do something You'll get in trouble his friend said as he pulled him back down into a seat The kid heard the horns of the cars behind them as the bus was taken up two lanes Then the kids felt a sudden change of momentum as the bus stopped suddenly and flung most of the children forward Into the seats in front of them Troy felt the seat hit him hard. That's when he heard the crying from the seats around him Just as quickly as they'd stopped the bus was moving again The environment around the bus like the trees in the buildings soon became a blur as they sped past them The bus was now turning onto the highway Every child's face was filled with fright. Well, the woman had the same Emotionless stare she had when Troy first entered the bus At that moment Troy remembered something his mother had told him He knew what he was going to do and he grabbed his backpack Stop his friend said I don't want to get in trouble Others around him gave the same warning The bus began vibrating as it got faster and faster Troy knew this was going to be dangerous Troy got his phone out from his backpack and dialed 911 The operator on the other end calmly asked him what was wrong Troy hurriedly told them everything as he was looking out the window to pinpoint where they were Soon Troy heard the sound of sirens and reassurance washed over him Several police cruisers caught up with them, but the woman didn't seem to notice It wasn't until she was surrounded and they heard angry instructions over a loudspeaker did the bus finally slow down and stop At another kid's drop-off Officers ran towards the bus the first cop flung open the bus doors took the stairs in one jump and grabbed the dazed scraggly woman The children heard the click of handcuffs the scuffle of feet and a slur of angry words. They weren't allowed to repeat The smell disappeared as she was pulled out The kids might not have heard the final story, but the parents certainly did and they were furious It turns out the regular driver didn't show up for work Carolyn Denise Ray was the substitute called in through a subcontractor and she'd been on illicit drugs Punishment a charge of driving under the influence of a controlled substance and endangering the welfare of children CBS Sacramento reported The school district has also looked into other options for a new bus service Details of any jail time etc. Have been kept quiet since it's an ongoing investigation One thing however is certain Troy's actions might seem simple, but they are indeed heroic He spotted a problem decided to act despite others telling him not to and kept calm enough to give the necessary details It goes without saying that his mom and the entire family are so very proud of him So are the rest of the parents


Welcome back to ACS Part 2. In this section, we'll discuss how to use the ECG in a patient who you're suspecting of an ACS. This is not a comprehensive review of how to read an EKG. ECG is the cornerstone diagnosis for ACS. Keep in mind that if your first ECG did not show any abnormalities and the patient is still having symptoms, we often repeat it. This is a normal 12-lead ECG. When we're approaching a 12-lead ECG, we often start with right rhythm, axis, and so on. Once we make sure those are okay, we're going to move on to more specific details. These specific details include SD elevation and SD depression with or without T-wave inversion. In the patient that we're worried about acute coronary syndrome, SD elevation means an acute infarct. You can also get SD elevation in patients without an infarct. They include benign early repolarization, which should not be giving patient chest pain. A left-bundle branch block, which you may or may not be able to find out if it's new or old. LVH, or LV aneurysm, which should not be giving patient chest pain. And the last reason for SD elevation is pericarditis. That will give patient chest pain. However, we'll look at the criteria to decide whether this is infarction versus pericarditis. For now, let's look at SD elevation in patients with acute myocardial infarction and learn their patterns first. Acute myocardial infarct follows two rules on the ECG. One, it's territorial. Second, there are reciprocal changes. We'll go through them one by one. First, territorial. Each coronary artery and its branches supply specific area to the heart. If one of the arteries or the branches is blocked, it will make sense that all the territory of the heart that is being supplied by this branch will not be getting oxygen. That the whole territory is being affected. And so when we're looking at SD elevation, we want to look at them in territories. Specifically, we want to look at the different territories of the heart. On the 12 lead ECG, inferior part of the heart is looked at by lead 2, 3 and AVF. Lateral part of the heart is looked at by leads 1, AVL, V5 and V6. V1, V2, V3 and V4 comprises the anterior part of the heart. This is important when looking at patient with potential ACS. In terms of coronary artery supplies, the inferior part of the heart is mostly supplied by the right coronary artery. The anterior portion of the heart is being supplied by the left anterior descending artery. The lateral wall of the heart is supplied by the branches of the left anterior descending artery, and the left circumflex arteries. If we see SD elevations on the 12 lead ECG, we want to ask, do these elevations belong to the same territory of the heart? Let's see a few examples. We'll focus on SD elevations for now. Which leads do you see SD elevations? Lead V1, and that's the baseline. V2, V3, V4 and V5 are fairly obvious. Do you see SD elevation anywhere else? There's a very subtle SD elevation in AVL. So the question is, do the SD elevations belong to the same territories? If so, which ones? They include the anterior territory and two of the leads in the lateral territory. Therefore this is an acute interlateral myocardial infarction. Let's look at this ECG. You can pause here to decide where the SD elevations are and whether it belongs to the same territory. SD elevations are in 2, 3 and AVF. That is the inferior portion of the heart. Therefore this is an acute inferior SD elevation myocardial infarction. What about this ECG? Again, just look at the SD elevations and decide whether they belong to the same territories. There are SD elevations in multiple leads. You see them in the interior portion of the heart. Pay special attention to the way the SD elevations look like in the interior leads. You see that they have those rounded tops. These are also known as tombstones and are particularly worrisome for infarcts. Where else do you see SD elevations? You see them in the lateral leads as well. You can also see tombstones' SDs in those leads as well. This is an acute entrolateral SD elevation my. Every time you see SD elevations belonging to the same territory you have to think there is a blocked vessel and therefore there is an infarction. The second part of an SD elevation my has to do with reciprocal changes. It refers to the fact that if you have SD elevation going on in one territory of the heart the ECG leads corresponding to the opposite territory should show SD depression almost like a mirror image of the SD elevation. This is a schematic of a heart. You can see that the lateral wall of the heart is directly opposite to the interior wall of the heart and the anterior wall of the heart is opposite to the posterior wall of the heart which will be behind the slide. The rules of reciprocality in SD elevation means that if there is an SD elevation my in one of the territories of the heart the opposite territory should show SD depression picking up the mirror changes. Therefore in a patient with SD elevation in say the inferior leads the lateral leads should be showing SD depression and if there are SD elevation in the lateral leads there should be SD depression in the inferior leads. These two territories always reciprocate with each other. The same vein also goes for anterior and posterior leads that is if there is SD elevation in the interior leads if we do posterior leads we will see SD depression. These two territories always reciprocate with each other. Let's go through some examples. Here I want you to pick out the SD elevation and the SD depression. Where are the SD elevations? They're in the inferior leads. They belong to the same territory. Do you see the SD depressions? Where are they? They're in one NAVL and the depression in one is very subtle. That corresponds to the lateral leads. Therefore this is a acute inferior SD elevation MI. What about this one? We've seen this one before. You notice that there are SD elevation in the interior leads and the lateral leads. Do you see any SD depression? You can see SD depressions in two, three NAVF corresponding to the inferior part of the heart. That makes sense because the inferior part of the heart reciprocates with the lateral SD changes. What about changes in the posterior leads? Well in a standard 12 lead EKG we don't do posterior leads. If we were to do them using a 15 lead we would be able to see SD depression in the posterior leads. Let's try this one. Where are the SD elevations? In the inferior leads? And some in the interior leads. A bit more subtle. This time where are the SD depressions? We expect them to be in the lateral leads since the inferior part reciprocates with the lateral. Are there SD depression? Yes, there are some in one NAVL. Therefore you can explain all the EKG changes with regard to the STs by an antero-infero SD elevation MI with reciprocal changes in the lateral leads. How about this one? Where do you see the SD elevations? There are some in the inferior leads. They're very subtle. Do you see any SD depressions? There are some in the one to be four in the anterior leads. Are these reciprocal changes? We know that the inferior wall reciprocates with lateral, not with anterior. And therefore the anterior SD depression must be coming from something else. It can either be ischemic changes that we'll discuss later. The second possibility is that we are looking at reciprocal changes in the anterior leads as a reflection from posterior lead SD elevation MI. And therefore this is one of the reasons we will do a 15 lead ECG. It will be looking for posterior leads. To do posterior leads EKG leads are put in the back part of the body just underneath the scapula. It is usually denoted by V7, V8 and V9. Often in the 15 lead only V8 and V9 are being performed. This is what the patient with the SD depression in V1 to V4 look like with V7, V8 and V9. Do you see the SD changes? You see the SD elevation in V7 to V9 the posterior part of the heart and that corresponds exactly to the SD depressions in V1 to V4. The anterior and the posterior part of the heart reciprocates. Therefore the patient is having an acute inferior posterior SD elevation MI. And we wouldn't have picked that up had we not done the 15 lead. After we look for SD elevation and seeing whether they are territorial or reciprocal on the 12 lead ECG we then look for SD depression or T wave inversion in patients with potential ACS. The difference between SD depression is that it denotes ischemia. It is not territorial or reciprocal like infarct. Let's look at this ECG. Do you see SD depression? You kind of see them everywhere. It's not territorial and not reciprocal. If there are no SD depression the second thing we look for is T wave inversion or flip T's. Where do you see the flip T's in this ECG? They're in multiple leads. If they are new then we have to be very concerned about ischemia. In summary we talk about how to approach the IGG of a patient suspicious of having ACS. Remember that we look for SD elevation to see whether they are territorial and reciprocal. If there is no SD elevation we will look for SD depression and T wave inversion. In the next section we'll discuss how to use other diagnostic modality in the patient with ACS. Thank you for watching.


So, in this activity, we're going to explore different methods of apportionment by looking at the apportionment that was put into effect in the elections of the United States House of Representatives in 1792, which was the first election that occurred after the very first census in 1790. I chose this election to use with my students primarily because there were fewer people in the United States then, and there were fewer states. And so I thought it would be a simpler example than looking at a more contemporary example where we have 315 million people and 435 representatives in the House of Representatives. That's a huge problem that's probably more than we wanted to bite off and try to chew. However, in preparing this activity for my class, I ran into some kind of sticky problems that I didn't know the answer to right away. So, the first thing I want you to do is do an internet search and look up the population of the United States in 1790 and also look up how many representatives were elected to the United States House of Representatives in 1792, which was the third Congress of the United States. All right, so hopefully you found those numbers. And what I did in preparing for class was try to use those numbers to actually calculate the apportionment using Jefferson's method. And I ran into problems. I could not get the number of delegates that I was calculating using Jefferson's method to equal the number of delegates that were elected from each state. And I could not figure out what was going on with my calculations. So I did some more research. I did another internet search. And I found this document at the website census.gov, which is a photocopy of the actual census report from 1790. I'm going to see if I can, all right. So here are these numbers. And there's lots of numbers here. It's not particularly easy to read. This column is Free White Males, 16 Years and Up, Free White Males, Under 16 Years, Free White Females, All Other Free People, All Other Free Persons, and Slaves. All right, well, that was interesting, but it still didn't answer my question. So I found another interesting document at census.gov, and this is the population base for apportionment and the number of representatives apportioned from 1790 to 1990. So if you look at the line for 1790, the population base for apportionment was 3,615,823, which is almost 200,000 different from the total population that we found in 1790. So the question I had, why do those numbers not agree? Why is the population base for apportionment 200,000 less than the population of the United States in 1790? So maybe some of you have had some U.S. history. Maybe you haven't. It's been a long time since you had U.S. history. But ding, the light bulb went off in my head. The three-fifths compromise, okay, the three-fifths compromise was an important part of the history, the founding of our country. The three-fifths compromise was the compromise between states where there were a lot of enslaved persons and states that had very few slaves. This compromise was a compromise for the apportionment process that enslaved people would count three-fifths of a person. And for some people, this is seen as the original sin of the United States, the enshrinement of slavery into the Constitution in this three-fifths compromise. So I found another document at census.gov, which is a document to help students to explore the three-fifths compromise. So these numbers are the same numbers as are on that original facsimile copy of the 1790 census, but culled out and summed so that they're easier to use. And so these are the numbers that we're going to use in exploring the effects of the three-fifths compromise on the first election that took place after the very first census in 1792.


Namaste. In last few sessions, we are discussing financial statement analysis. Particularly in the last session, we have discussed a case of TCS where we have little bit gone beyond financial analysis. We have also taken other information and have calculated the ratios for TCS. In the current session and in the next session, we are going to take up reliance industries limited. We know it is a premier listed company. It is a biggest listed company in India in terms of its market capitalization. So, we will try to analyze the company on different basis. The type of analysis which we are doing in portfolio management parlance, this is known as fundamental analysis. There are two types of analysis, one is fundamental other is technical. In technical analysis, the price data of the company, the volume, the movements of prices, the charts all these things are studied. Whereas, in fundamental analysis, the fundamentals of the company are studied which will mainly involve the financial statements and other data about the company. This part of fundamental analysis is known as company analysis. Then there is a study of industry or the sector in which the company is operating that is known as industry analysis. And the third part is known as economy analysis, where the whole of the country or whole of the economy is studied. Now all these three factors impact the performance of the company. Of course, we will not be able to go into details of industry or economy analysis, but we will try to look at how to do company analysis, mainly based on the ratios. So, let us now look at the reliance. You know that the MD CEO and the chairman is Mukesh Ambani and the company secretary is K Sethuram. The auditors are Chaturvedi and Shah. This is some details, face value of the company is rupees 10. The price is rupees 1255. This is in May 2019. The percentage change during the week etc. is given. The market cap is 3161428 in terms of rupees millions. The volume you can see is fairly high which shows that the company shares are very liquid. The number of shares are 6503 millions. Now, let us go to the shareholding pattern. Again it is an Indian company. The percentage of shareholding of promoters is 45 percent. It belongs to Mukesh Ambani group. Indian institutions have about 12 percent. Foreign institutional investors 18 percent. They have issued securities abroad. That is why ADR or GDR is 3.2 percent. Free float is 20 percent. What is a free float? That means these are the shares which are freely traded in the market which is about 20 percent. The number of shareholders are given. I think this is the largest number for any company in India 27,90,000. The percentage of shares placed by promoters is 0 percent. Now, let us look at the stock market data. This is the high and low prices for last 5 years. Average price is also given for last 5 years. The shares outstanding at the end of year in terms of millions is given. Do you see any movement in the number of shares? Yes, if you look at the last 2 years, there is a major rise from 2958 to 5921. And that is because of the fresh issue of bonus shares. So, they have given bonus esophage, conversion, etc. So, every year some slight amount of esophage are given. And this year it looks like major rise in the share because of the bonus. Average market capitalization over the period is also given. The number of employees are pretty high in terms of 1000. So, it is 23,000 employees and now it is 187,000 employees. Now, the total salary over a period of time is given. I think this needs a bit of correction, the number of employees. So, we will do the correction in the number of employees. Now, the net sales, the net sales data over the period you can see that right from March 14, in fact, the net sales have slightly gone down and in the last year again the net sales have increased. The other income is pretty stable.  Understand that they are in oil business. So, oil prices fluctuate, their sales are also fluctuating. The gross profits surprisingly show a pretty stable sign. The gross profits have more or less increased in all the years except in last year they decreased a bit and again they have jumped up to 544. Depreciation is a substantial amount. Why it is high compared to that in TCS? Mainly because it is a manufacturing company, they have got vast amount of fixed assets. So, depreciation is 112, now it has increased to 167. Interest cost is also high and it has gone up substantially. Profit before tax is increasing steadily. Minority interest is also pretty high and this minority interest is because of the shareholding of other people in their subsidiaries. There is an extraordinary income in March 14, there is no extraordinary income in any other year. Taxes, you can see last 2 years the taxes have increased and the profit after tax has also increased more or less consistently. The dividend figures are given over last some years. So, profit after tax and we have taken estimated figures of dividend for all the years just for our calculation sake. So, this is their income data. Now, using this we can calculate certain important ratios. The first one is gross margin ratio. So, what is the formula do you remember? It is gross profit divided by sales. So, it is 8% for March 14. Please calculate it with me for all the years. So, it becomes 8, then 9, then 17, 15 and 13. So, you can see that in March 16, they were sorry in March yeah, March 16 they were able to significantly increase their gross profit margin. Overall, they have a good margin although it is changing over a period of time. They are into several businesses, but mainly in oil refining. So, maybe the changes in the oil prices could be responsible for changes in the gross margin. The next is EBITDA. Now, what is the full form of EBITDA? Earning before depreciation, interest, tax and amortization. This is a cash operating profit. Now, we have been given gross profit which is almost like a operating profit and we have also been given profit before tax. So, in profit before tax, let us add interest and depreciation to get EBITDA. PBT add interest, add depreciation. This is the EBITDA. We will divide it by net sales. So, it is about 10% in March 14. Over a period of time, it has increased slowly from 9 to 20 and then it is more or less stagnant. Slightly it has gone down. Now, this is a very important figure to know the cash generated from their operating profits. Now, the next one is net profit margin. You all know the formula net profit upon sales. But here instead of sales, we would take the total revenues. So, net profit was 5%, went up to 10%, is now 8.71%. As we know mainly because of gross margins, but it also takes into account other income and other figures. Now, let us go to balance sheet data. Now, last time we had studied TCS, but this is important and more interesting because this is a manufacturing company which has more figures because it invests in variety of types of assets.  Current liabilities are pretty high. If you look at the ratio, you will realize that their current liabilities are much higher than current assets in March 18. Inventory as a days because being a manufacturing company has to maintain lot of inventory, it has increased from 48 to 64 and again it went down to 56. Dators are very low 8, 5, 6, 10 and 16. This is in number of days. So, you will realize that their credit policies are very strict. They are selling almost on cash basis or with a very minimum credit, but slightly it has gone up to 16 days now. Net fixed assets, they are having vast quantum of fixed assets and there is a consistent increase in the fixed assets which is 5909 now. Share capital has been constant more or less, but in the last year it has gone up. Free reserves are pretty high amount. Free reserves are high because consistently they are making good amount of profits. Net worth is also reasonably high. Long term debt, being a manufacturing company, it is not a zero debt company like PCS. They have a high long term debt although the debt equity ratio is not very high. We will just calculate the ratio now. Total assets, they are nearly doubled over a period of 5 years. Now, let us calculate two important ratios that is debt equity and current ratio. So, you know the formula in debt equity it is debt upon equity. So, long term debt divided by net worth 0.50 either it can be expressed as a percent or just as a fraction. This time let us just keep it as a fraction. So, it is 0.51, signifying that for 1 rupee of equity 50 pence is a amount of long term debt. If you compare all the 5 years then debt equity ratio increased a bit to 0.61. It has again gone down now till March 18. Now, current ratio you know it is current assets divided by current liabilities. It was pretty high 1.31 and now has in decreased substantially to 0.59. Particularly, you see that because of rise in the current liabilities the current ratio is falling. Now, if you remember we had discussed of standard ratio of 2 is to 1. Reliance industry has much lesser current ratio than the standard ratio. This could be a bit of problematic as far as the liquidity is concerned although it is a very big company with a high credit rating. So, they are able to manage even with lesser current assets. Particularly, in the last years there is last 2 years there is a remarkable increase in current liabilities maybe that needs to be further studied. Now, in the third part cash flow is given you can see in the last year there is a significant increase in the cash from operations. Cash from investments is more or less maintained although in the March 14 it was significantly negative which is a positive sign, but in most of the years RIL has been able to make some or other investment. Financial activity related cash flow also has been more or less constant though there are few fluctuations but compared to the total size it is not very high and the net cash flow was minus 160 then it became minus 220 and in the last year it is 1 to 660. Now, let us calculate some of the combined ratios. The first one is interest coverage ratio. Now, what is the formula? Do you remember? We see how better the interest is covered. So, how many times they have earning to pay interest? Interest in the denominator and profits in the numerator. So, you will take which profit in the numerator? Will you take PAT? No, because we have to take profit before interest and taxes from that amount we can pay interest. So, let us calculate PBIT we have been given PBT add interest to that we will get PBIT. This is the profit available for paying interest divided by interest. So, you get 8.28. So, there is a fair coverage although they have got lot of interest payments since their profitability is very high it is covered 8 times. The coverage increase now it has slightly gone down. The next one are the efficiency related ratios. We have just considered one ratio here that is sales to fixed assets ratio. So, it shows how efficiently you are utilizing your fixed assets to generate sales. So, sales divided by fixed assets. Since this is operating related we are mainly considering only net sales and not taking total revenue. So, what do you see here? There is a serious fall in the ratio. It was 1.81 the ratio has fallen particularly from March 16 and then it has become stagnant it is 0.66. If you look carefully their fixed assets have increased substantially without much increase in the sales. In fact, sales went down and now the sales are steadily rising. But it is a very complex company. So, we cannot directly know anything they might be constructing new fixed assets. But the current data as of available right now shows that the efficiency of utilization has somewhat gone down. Now return on assets popularly known as ROTA or ROTA where we will try to calculate how the total assets are used to generate profits. So, we will take PAT upon total assets, PAT divided by total assets. So, you get 0.52. So, you can see 0.05 and if you convert it in percentage then it is more meaningful. So, 5 percent was the return it has gone down to 4.42 it is not a much of a fall but slight fall in the return on total assets. The next one is return on equity. So, equity means owner's funds and what profits they are able to generate. So, PAT upon net worth. So, 11.32 percent was the return and now it has more or less stagnant it has become 12.29. So, if you remember TCS this return on equity is somewhat lower for reliance. Now, the next one is return on capital popularly known as ROCE or sometimes called as ROI where we will take the total return and in the denominator take the total funds debt plus equity. So, do you remember formula? In the numerator we will take PBT add back interest divided by long term debt plus equity. So, 10.61 percent. In case of TCS it was almost a zero debt company very low debt but reliance being a manufacturing company has a reasonable quantum of debt. So, you can see the return on capital is slightly lower and now over a period of time the return has gone up to 13 percent. Keep in mind that it is interesting to study manufacturing because you get debt plus equity and we have discussed about capital structure. If you in your capital structure there is a higher quantum of debt the return tends to increase which is known as trading on equity. Now, you can see here that company has somewhat been able to improve their return on capital by going for some level of debt. But in case of TCS if you remember the return on capital was much higher because of the effect of tax. Now, the next is net working capital to total sales. So, working capital is CA minus CL divided by sales 0.08 you can also take it as a percentage that means about 8 percent of the capital of the sales is the net working capital. You can see this is very interesting it has moved from 8 percent to minus 32 percent. Now, what could be the reason because their current liabilities have increased substantially. So, look at the current assets and liabilities now the current liabilities are much more than current assets. So, they are into a negative working capital scenario that is a reason why the ratio has turned negative in last 3 years. So, really interesting ratio it was 8 percent then became less than 1 percent and it is negative in last 3 years. If you look at current ratio you will see it was from 1.31 to 0.59 the same impact was in terms of sales if you look at you can get it from this ratio getting it. So, we will stop here in the next session we will continue with the calculation of the remaining ratios. Namaste.