They keep telling us that that we've got the troops in Afghanistan because we're helping the women there And yet here we're cutting that no we can't have advocacy for women all that all of the Women's centers have been closed and they're sending us back into the times of the medieval ages Well, they're telling us that oh, we're gonna go help those poor poor Afghani women Sad what's the sign you're holding daycare daycare not bombs We need a national daycare program. We need to help women And why this? Why this why why why emphasize the daycare aspect because I think that people can put can start connecting the dots That we actually have the money and that we actually make choices of where the money is going and we can be peacekeepers And what what's this about the big box daycare? Big box daycare. We've got Campbell sweet Campbell who's giving money to so that people can Do capital asset buying and that means he wants to bring big box daycare to our lovely province of BC And so instead of children being the focus of daycare. It'll be the stakeholders It'll be for money not children


So, hi everyone, and welcome really to our panel on the global economic outlook. Now the global economy was certainly tested in 2023 as it rarely has been before inflation and the most aggressive monetary tightening campaign in decades, wars in Europe and in the Middle East, a festering real estate crisis in China and the deepening rivalry between Washington and Beijing, which is really forcing companies also to rethink supply chains and security. Despite these pain points, the post-pandemic global recovery has actually managed to roll on. In the US, consumers defied expectations and kept spending, prompting many economists to ditch their downside scenarios and forecasts on a rare soft landing. In China, the booming electric vehicle industry, along with a healthy dose of fiscal stimulus, helped leaders stick close to their growth targets, and the world's economy, Great New Hope India, also took up some of the slack. But overall, according to the World Bank, the global economy is dragging along at growth rates slower than previous decades, and this is as a post-pandemic rebound is weighing down by a high interest rates. So we're looking at sluggish trade, geopolitical tensions that will hit developing countries hardest. So without giving you a pessimist guide to 2024, we want to look at some of the main pressure points, some of the growth foundations for the future, and of course there are many elections and expectations on future trajectory. For your social media, you can also do hashtag WEF24. So this is our all-star panel, Christine Lagarde, President of the European Central Bank, Christian Lindner, Federal Minister of Finance of Germany, Mohammed El-Jaddan, Minister of Finance of Saudi Arabia, President Tharman Sharmugartam, the President of Singapore, Dr. Ngozi Okonji-Iwela, Director General of the World Trade Organization, and David Rubenstein, Co-Founder and Co-Chairman of Carlisle. So thank you all for joining us. Mr. President, let me start off with you. 2023 really surprised, expectations to the upside. Is the global economy really now as resilient as we think? Well, we have to think about it not on a year-to-year basis because the largest challenges to resilience that we face are what's creeping beneath. It's the slow-moving changes that threaten us in a far more fundamental way in the years to come. We know what they are. We know what's happening in the shift in the global ecological balance. We know what's happening in terms of the ageing of societies, which we are by and large not prepared for. We know what's happening in the gradual drift towards polarization.   Thank you so much. Madame Lagal, can you talk to us about what you saw in 2023 that gives you hope for economies in the future? Well, good morning to everyone first. And thank you for having me on the panel because I'm a strange panelist, actually, because I cannot talk about the things that I spend 100% of my time on. I'm a Central Bank President for the European Central Bank. We have a monetary policy meeting coming up on Wednesday and Thursday. And during one week before that, I cannot talk about what I do, what I hope for, what the analysis supporting our conclusions is. So, I thought long and hard. And I tried to identify a few of the trends that we have seen in 2023 that will have no impact on our decision next week and what we should sort of anticipate for the future. And I came around to something that I called normalization. That's what we have beginning to see, especially in the end of 2023, but towards something that is not going to be normality. So, from normalization to non-normality. So, what do I mean by that? The period before 2023 was strange, extraordinary, difficult to analyze by many accounts. In 2023, we have seen the beginning of normalization. When you look at consumption, for instance, around the world, I'm not talking just about the euro area. Consumption is still a driving force for growth, but the tailwind that we had the benefit of are gradually fading. This very strange, extremely tight labor market, still tight, but a little less. And some of the indices that we use to identify the relationship, particularly between vacancies and unemployment, are changing gradually. So, less tightness on the job market. When we look at savings around the world, there was plenty of it. Excess saving, with that excess saving, pretty much in all advanced economies in particular, is coming down. And from this 10% excess saving, we're getting close to virtually zero. So, if you combine these two, job less tight, savings diminishing, clearly consumption is not as strong a force as it used to be. That's one thing. The second thing, which is also beginning to normalize, and I hope Ngozi will talk a lot about that, is trade. Trade went down and was massively disrupted by this goods versus services versus good over the course of the last two years preceding 2023. But it is beginning now to really pick up. And in October, we had global trade numbers that, for the first time in many months, was up. And the pattern of trade is changing, but I will leave it to my friend Ngozi to describe that better. And the third normalization, and I have to say that, is that around the world, not including the euro area, around the world, inflation is coming down. And we have seen it yet again in November, both headline inflation and core inflation. So that's what I call the normalization that we have observed in 2023. And maybe you'll give me the floor another time to talk about how it is not normality that we're heading to. We'll certainly, we'll talk about that. Dr. Ngozi, could you talk to us a bit about the resilience that you've seen in global supply chains and trade? Well, thank you. I think Christine has set me up nicely. Let's see if I can, if I can move on that. It is true that in 2023, trade was considerably down. Actually, we, good trade, we had to revise our forecast down from 1.7% for the year to 0.8%. In the last quarter, as you said, we saw an optic in the numbers and trade showed a recovery led by automobiles and components and parts. So, but all in all, when we look at the first three quarters and the last quarter, we still think we're coming at about the number we projected or slightly less than that. We had been more optimistic about 2024 and we were forecasting a considerably, a considerable recovery to 3.3%. So like Christine said, maybe moving towards normalization or how you put it, but not normal, because trade growth is still below trend, is still trending below GDP growth. But the problem that I have is the geopolitical conflicts that we now see. The problem in the Red Sea and the Suez Canal, we also have problems in the Panama Canal because of climate change. There are so many uncertainties and of course all the elections that we see around the world and what that may bring. I think there are a lot of uncertainties that make forecasting difficult. However, I'll take a bit of a risk and say I think it will be better than 2023. We may not come in at 3.3% below that, but much better than what we saw in 2023, unless a major war breaks out, then all bets are off. Thank you, Dr. Ngozi. Minister Lindner, Germany has prospered in parts for many years from buying energy from Russia and selling cars to China. All of that is changing also because China is making so many EVs. How do you marry the two? Given the historic shocks we have seen the last year, the global economy has shown remarkable resilience and the German economy has shown resilience as well. Think about the energy situation you have mentioned. We had to reinvent the German energy infrastructure and supply in the last 18 months. And so we have not the gross perspective we are expecting, but our economy has shown these resilience. Looking to what will come over the next years, Christine said, okay, we are in the process of normalization. I would say we are witnessing a new normal. And 2023 marks this new normal. Think about the rays of artificial intelligence. We all have discussing here in Davos. Think about the geopolitical tension and the threat of fragmentation. We will have to deal with over the next years. The higher debt levels after the pandemic and the energy price hikes, which has shrunk our fiscal space to finance transformation. And given the very little gross perspective of the global economy, we have to answer the question how we will be able in the future to finance transition by the private capital markets and how to fight poverty around the world. So for me, it's not normalization. It is a new normal which we have to be prepared for and has 2023 given me hope. You asked, I would put it this way, it was a call for action because we have to rearrange some policies and probably we see a new need for structural reforms. Probably we are at the beginning of an era of new structural reforms. Minister Algidan, what do you see as the main risks compared to maybe the resilience that we saw last year? There are a few things I think I would just put possibly from what I have heard a little bit of context. Obviously there are the immediate risks that will be obvious, which is geopolitics, fragmentation, and obviously the debt situation, particularly in low-income countries. And we are talking about them and we realize that they actually pose risks but that will add to inflation and monetary tightening. But these are the immediate ones. We need to attend to them. But then I think we need to make sure that we also attend to the medium term. I mean, the projections that we have seen from the World Bank or the IMF clearly suggest that this decade would be the lowest growth potential for the world economy compared to the first decade of this century and the second decade. And yesterday, Ajay Banga said in one of the panels a very nice statement that caught him. He said, these are projections, they are not our destiny. And therefore we should actually see what can we do to form our destiny by actually changing the way we do things by adopting policies that will actually fuel growth. These are very important and again in relation to low-income countries. Low-income countries are actually coming under a serious crunch of debt and for them to be able to grow, they need to invest. And for them to invest, they need to restructure their debt and allow them access to money that they can then fuel their own growth, which will help the rest of the world. Thank you so much. David Rubenstein, what do you worry about the most in 2024? There are many things to worry about. Well, I worry about everything. But I would say the most important thing I wanted to convey is that predictions made in January about what's going to happen in the remainder of the year is generally wrong. Last year at this time, here in other forums around the world, people were predicting the U.S. would likely have a hard landing, if not a hard landing, a soft landing, but a soft landing implies very low growth. As it turns out, while the numbers aren't really in yet, the U.S. will have grown probably around 2.5 percent for 2023, which is much better than anybody really projected at the time. The U.S. has its challenges for sure, but inflation is coming down. And as a result of that, the Federal Reserve is likely to reduce interest rates relatively in the near future. In our country, we have a presidential election. I think everybody probably recognizes that. And as a result, the Federal Reserve wants to get its, I think wants to get its rate cuts out of the way before the presidential election is in full steam. Because if you have rate cuts in right before a presidential election, it will be seen as helping the candidate who's in the White House, because it'll gin up the economy as the theory. And so the Republican nominee would not be happy with that. So the Fed is going to get three rate cuts in or more this year, as I expect it will. It will have to get those done relatively in the first quarter, certainly in the first half. So you can expect to see rate cuts. And that will probably drive the U.S. economy. During presidential election years, the U.S. economy generally does pretty well. We tend not to be in recessions in presidential election years, because Congress spends a lot of money and the Fed tends to be relatively easy on monetary policy during presidential election years. The biggest risk for the U.S. economy is the usual risks that everybody has. Are we going to be in a war somewhere, something like that? Is there going to be another pandemic? But it's really like we look in the mirror and the enemy is us. Because the biggest risk we really have is the dysfunction of the U.S. government, our inability to pass appropriation bills that fund the government on time, the inability of the deal with the debt limit issues on time. Those are the biggest things that worry me, whether at some point the U.S. government just can't get these issues done because of the political problems we have in the country. And as a result, I worry more about that than other things in terms of the U.S. economy going forward. We will have a presidential election year and almost everything every candidate will say will probably not be true about what will happen in the future, as they probably won't be able to get done what they say they're going to get done, but it will be interesting to watch. But David, a number of leaders have expressed concern of what Donald Trump in the White House means for fragmentation, for foreign policy. Is there any way that the rest of the world can Trump proof their economies? If somebody has a way to do that, I think they should patent it and probably sell it to somebody else. That would be very difficult to do. Clearly, the biggest political change that occurred in the United States last year also was unpredictable or unpredicted, I should say. I don't think anybody outside of the Trump family would have predicted that Donald Trump would be indicted four times, 91 counts on various indictments, and that his popularity would soar to the point where he has a reasonably good chance of locking up the Republican nomination by March, which is earlier than any contested presidential candidate has been able to lock up the Republican nomination. If he is nominated, be the first time ever that a Republican party has nominated the same person three times in a row. He clearly has a following that many of the analysts missed, and I don't think any of the court cases are likely to change his momentum. So I think people should recognize that he's a serious political force and should not discount the fact that he could well be elected again, despite the fact that many people in Europe, where we are now, are not really his biggest fans. And so I wouldn't rule out his possibly getting elected again. Joe Biden shouldn't be discounted. Obviously, we have two older candidates. People have suggested to me that I should run for president, but I say I'm only 74, and you need to be older to run. But I do think to be very serious, it'll be a relatively close election. And the final comment is, in our country in the last two presidential elections, 45 states out of the 50 voted exactly the same way in each of those two elections. Only five states voted differently. Those five states are Arizona, Georgia, Minnesota, Michigan, Pennsylvania, and Wisconsin. Those five states are the only ones that voted differently in those two elections. Right now, Donald Trump has had all five of those states. He lost all five of those states last time. Hillary Clinton lost those five states as well. Biden won them last time. So everything will get down to those five states. And right now, if the election were held today, it would be difficult to see how Trump would lose that election today. But it's a long way away. And the most important thing you can say about presidential elections in our country is things change all the time. And we won't know for sure, probably until about a month before the election, where it's really going to go. So, Minister Lindner, how should Europe prepare? And again, how difficult is it as a finance minister to look at models? This is for Minister Lindner. How difficult is it to look at models to forecast, given all the crises, given the elections? And actually, you don't really know what you're left with in 12 months. But I think we are talking too much about Donald Trump in Europe. And we should prepare ourselves for a possible second term for Donald Trump by fostering our European competitiveness. Doing our homework is the best preparation for a possible second term of Donald Trump. And this includes our capabilities to defend ourselves. Being an attractive partner on eye level when it comes to the economic situation and it comes to a fair burden sharing under the roof of NATO is the best we can do to be in a good partnership with the United States. And then it doesn't matter which administration, if we are attractive, if we do not have to ask others because we have capabilities ourselves, it's the best way to cooperate. And this is completely for both possible outcomes of the election in the United States, doing our homework. Madam Lagal? I'd love to follow up on what Christian is saying. I think the best defense, if that's the way we want to look at it, is attack. And to attack properly, you need to be strong at home. So being strong means having a strong, deep market, having a real single market, and we should be expecting some suggestions by Enrico Letta, former Prime Minister of Italy, who is in charge of producing this report, on how we can deepen and improve the functioning of that single market, which is a huge economic zone in the world, but which is not completely a single market yet, as many CEOs I'm sure experience on a daily basis. And we should more importantly make sure that the money that is saved in Europe, or the money that is associated with pension, is actually invested in a capital market union that actually functions efficiently to rally the investment that we badly need for the transition towards a greener economy, which relies certainly for a period of time on fossil fuel, but less so, as was indicated in the last COP28, and moves towards renewable where investment is badly needed. Just one little aspect, because I am grateful that Christine has mentioned the capital markets union. I'm concerned that some policymakers in the European Union tend to follow the United States to subsidize almost everything, but we have to avoid a subsidy raise. We cannot afford. I'm curious of the next US administration can continue the way they support their economy. I wonder if it's sustainable to pay so high subsidies, but what we have to do is to improve our framework conditions for our economies and to make further progress in capital markets union, our competitive disadvantage compared to the US is not subsidies. It's the function of our private capital market. Mr. President, Singapore is of course a country that does well when the world is working well together, less well when China and the US are falling apart. So what's your take on this US-China stress? Well, I think the US-China relationship is the central axis of tension when you look at the largest problems we face in the world, and it has to be refashioned into the central axis of partnership. They look at each other fundamentally as adversaries, and then they look for opportunities to cooperate within that framework. It has to be flipped around. Fundamentally they have to be partners because the challenges that they both face are the same, climate change, a lack of global order, a breaking up of the global trading system. The challenges that both of them face and both of them will suffer for it, and the two are absolutely essential to any solution to climate, to peace, and to an open global trading system. And then within that you can argue, you can badger, you can ensure fair competition, you can ensure that there's a way of dealing with each other that's consistent with the principles of openness and fair play. But we've got to flip things around where you're not fundamentally adversaries to one where you're fundamentally partners and then you argue about specifics. That's the fundamental repositioning that's required. So it's not just about a pause in the relationship, it's really about a repositioning in the relationship. Dr. Ngozi, if we move it forward, there are three, four pillars that we need to put in place to foster growth. And I don't know whether this year there will be a lot of distractions that keep us further away from that goal, but what would you focus on to bring back longer sustainable growth? Well, thank you. And I just want to say that I strongly support what Christian and Christine said. I think the best way to be prepared for any eventuality is to focus on those things you need to do anyway. For me at the WTO, I don't fret about who is going to come or what is happening. Maybe that's an overstatement. But in a way, it's focusing on what do we need to do to strengthen and reform the organization so that whatever the circumstance, it will be able to deliver what is supposed to deliver for people. So if we keep doing that, I think that's a strong answer, a bit of offense in that regard. But with respect to what are the pillars we should look at for restoring growth, I think that's a very good conversation because we focus a lot on the pessimistic things that might happen. But there are some bright shoots that I want to talk about on the trade side. First, I want to mention that in spite of all the uncertainties that we talk about, and I pointed to in the beginning, trade has been largely resilient. It is because of trade that Europe was able to find other sources of energy from the US and the Gulf and elsewhere to make up for the withdrawal of energy from Russia. It's because of trade that 35 countries dependent on the Black Sea region from Africa were able to find alternative sources of grain fertilizer. So trade has been a force for resilience, and there are some bright spots in trade that we need to be conscious of. There's digital trade and services trade has, is growing fast, especially digitally delivered services trade growing at 8% per annum. And that is a very, very interesting thing because now we're all talking of digital platforms, AI, and this is a positive sign. And we should be preparing ourselves to say, how do we support such trade? How do we make sure that it benefits small and medium enterprises, women, those at the margin? Green trade has tripled from 2000 to now, tripled in value to $1.9 trillion. That's another opportunity. And finally, I want to say that the reshaping of supply chains, I see that as an opportunity and not a challenge. And when you see it as an opportunity, it could help us look at other sources of growth. If you take just one supply chain that we talked about here, the critical minerals and critical raw material supply chain, we have the possibility that these critical raw materials are found in many developing countries who did not benefit as much from the first phase of integration into the global economy. There is now a chance to bring them in through developing these supply chains in place because they have two advantages, not only the raw materials, but also green energy. So combining those two, and I'm glad to say that Chancellor Schultz and Europe has caught on to this, you can go to Africa or Latin America and develop these supply chains, bring in new sources of growth, create new employment, lift people up from poverty in these countries. So those are some good opportunities that are out there, some hope. David? On trade, whoever is elected president is not likely to enter into a lot of trade agreements. The word trade in the United States or trade agreements is almost a curse word now. Somebody is in the audience here, Mike Froman, who negotiated the TPP agreement under President Obama. That couldn't even get a vote in the United States Congress. And I don't think any major trade agreement could be approved by our current Congress, and I don't think it's going to change for a while, no matter who the president is, unfortunately, because trade is often seen by certain constituencies in the United States as favoring jobs offshore and not really is very popular at all. Even Hillary Clinton, when she was running for president, was against the TPP, even though it had been negotiated by Democratic administration in which she had served. On U.S.-China, U.S.-China is the most important bilateral relationship in the world. There's no doubt about it, but there is no political benefit in the United States about saying anything beneficial or good about China during a presidential election year. So, President Biden and President Trump, I don't think or either one are going to say we need to have closer ties with China, and I'm going to be nicer to China than I was before. It's just not going to happen during a presidential election year. Hopefully, after the election's over, the progress that's been made recently at the APEC meeting can see something blossom, but I don't think you'll see anything blossom before then, though hopefully the Chinese will provide some pandas against the United States, which we desperately would like to have. Minister Al-Jaddan, what are some of the policies that you think we need to put in place now to make sure that there's success in four or five years that we're maybe not thinking about as much as we should? First of all, I would like just to follow up on this. I was talking to a U.S. friend yesterday about almost the same subject, and I asked him whether he is optimistic, and he said, well, at least it is only four years, and someone else will come, so it would be interesting to see what is going to happen in the next four years. But more seriously, I think what needs to be done is looking at how can you actually mobilize your own resources? How can you do structural reform? I can't tell you from experience, and I'm not here really to promote what Saudi is doing, but from experience, what we have done in the last seven years actually helped us significantly in our resilience to deal with the multiple shocks that we are facing, including what the current situation, geopolitical tension, so structural reforms are critically important. Local revenue mobilization is actually very important for countries, and obviously, the support of multilateral development institutions to catalyse private sector investments in developing nations and particularly low-income countries is very critical. Catalyzing that is, I think, will be, and I'm actually very optimistic with the reform that the World Bank is doing, and actually bringing MEGA, IFC, and their own IBRD and IDA together to make sure that they provide that support and catalyse more private investments in low-income countries. I think this is promising, and I would love to see some results actually this year. Mr. President, you worry about something that we're not really talking about, and this is fiscal spending. Are we sowing now the seeds to have an even bigger crisis four, five, six years from now? Well, I think the most important and most neglected area of public policy is fiscal reform. Christian spoke about the already very high debt levels, so we're starting in the wrong place, and we're going to have to address challenges in the future that are going to have to require more fiscal investments. We're neglecting the issues because it's never pleasant to talk about raising revenues or raising taxes. It's never pleasant to talk about redirecting subsidies or redirecting spending, so we're just merrily gliding into the future, tinkering at the edges, and even the most major international tax reform of recent years through the G20 was really about something very small to do with corporate taxes and rearranging and reallocating corporate taxes. It's a very small issue compared to the challenges we really face. The big issues are, how do we address the climate transition? How do we address the needs of aging societies and broken social security systems? And how do we address a challenge of a AI era and ensuring that populations can cope with it and benefit from it? It's all going to require the public sector, so if I just take the first, there is no realistic solution to the climate transition that does not involve a globally coordinated system of carbon taxes. There's no realistic or fair solution that does not involve the globally coordinated system of carbon taxes, and Ngozi at the WTO is coordinating this with several other international organizations. It's still early days. There's a perception that it's unjust, it's unfair, it'll lead to inflation. In fact, quite the contrary. If we don't do this, the countries that will suffer most ultimately are the developing countries.  If we don't do this, it's ordinary, vulnerable communities that will suffer the most. What we need is a system of carbon taxes coupled with subsidies for vulnerable households and a stream of funding for the developing world to allow them to engage in investments in mitigation and adaptation that allows them to keep growing, and that's a real opportunity. It's a fair solution and it's the only realistic solution and we can't keep ducking it. Second, there's a huge opportunity of redirecting subsidies. The IMF has estimated that about $1.3 trillion is spent each year in fuel subsidies. That's about five times more the amount of subsidies that goes into green technologies and green energy. We've got to redirect it, redirect those fuel subsidies to helping vulnerable households, to helping firms to adjust, and to spurring renewables and other green technologies. That's a major redirection. It's fair, it's sustainable, and it's realistic. It has to be achieved. The third issue that's maybe the most neglected is preparing for an ageing society with confidence, and it means re-jigging in significant ways of social security systems and healthcare financing systems. It's not sustainable. Too many people who don't need support are getting support, and too many people who need support the most in healthcare systems are not getting enough support. So there has to be reshaping of that curve of subsidies within healthcare to benefit those who need it the most. There has to be more spending on preventive or pre-emptive healthcare spending to help people stay healthy for as long as they can rather than wait for the very expensive occasions when they have to end up in hospital, particularly for acute care. So fundamental reform to healthcare and fundamental reform to labour markets to allow people to stay engaged at work if they wish for as long as possible. Those are very important shifts in social policy. So we have to get real. The challenges we face are different from the past. We're not going to address them by just tinking around the edges with rearranging corporate taxes and the like. It requires raising taxes to take on the climate transition. It requires redirecting subsidies to be fair and to ensure that as we age, no one is vulnerable, and we can actually sustain high-quality healthcare systems and social security systems. It requires change, and we discuss this very rarely. We have here five current and former finance ministers who have gone through years of discussion at the G20, at the IMF. We spend a lot of time talking about monetary policy. We spend very little time talking about fiscal policy reforms for a more secure future. On that, can I just say on that point, on fiscal reform in the United States, very difficult to do, we now have $34 trillion of debt, $34 trillion of debt. The interest on it is approaching our defense budget. And if we don't resolve this in the near future, something is going to happen to the dollar. The dollar has been the only reserve currency for quite some time. But if the United States can't get its fiscal act together, at some point, people are going to do what they did to the British pound and the Dutch gilder years ago when too much money was borrowed by those countries and that their currency didn't become as valuable and therefore lost its reserve status. The U.S. doesn't have any real challenger right now to reserve currency status for the dollar, but it will if it keeps doing what it's doing. We have 122 percent of our GDP and debt. And we are, each year, our budget deficit is probably about 25 percent of our spending. And we just can't keep doing that. But there is nobody in the United States government that I see is really seriously addressing that problem. But it will be a big problem in the not too distant future. Thank you, Dr. Ngozi. Well, maybe you're pointing to me because I was nodding so much when Thamon was talking. And that's why he's a favorite. I mean, we have to look at what we need to do on the fiscal side to finance the green transition. The money is incoming. The amounts are huge and the trillions needed. You take Africa, for instance, it needs $190 billion per year, up to 2030 to finance the green transition. What is it getting now? Minute amounts. How is it going to be raised? So we have to think of sensible things like how do we raise that money? So that's one. The second is business. They are facing a lot of regulatory fragmentation. There are 73 different carbon taxing and pricing regimes in the world today. They are confused. When they go from one country to the other, they have to think about a different way and a different system. So how do we bring this together? So if we have a common methodology or framework for a global carbon pricing regime, I think that will help. And then we can use some of those resources that would be raised to help finance the green transition in those vulnerable countries that don't have the resources. So that was why I was nodding so vigorously. And I think developing countries need to get behind it. With now, the international financial institutions have all been working on this in parallel, the IMF, the World Bank, the WTO, the OECD. And finally, we are coming together in one task force to try to see if we can put all our energies together and develop a common methodology or framework. We know that not every country is going to have a carbon price or tax. The U.S. will never do it. They will approach it through regulation and subsidies and other means. But once we have a common framework, we can all measure what we are doing against that. And more importantly, we can transfer some of the resources raised to help finance the green transition. So thank you for raising that. Dr. Ngozi, I know you have to leave in a couple of minutes because you have an important meeting. So a very quick question to you. Why has it been so slow? Is it because we're distracted with other crises? And are you confident that actually all of this is going in the right direction?  As Thamman said, you have so many former present finance ministers on the panel, we know what this means. It's politically difficult to talk about raising taxes. It's also politically difficult to phase out subsidies. We tried it when I was a finance minister in Nigeria and we wanted to phase out our subsidies. We went halfway, but it was very politically sensitive. So that is why you don't hear great enthusiasm when you talk about raising taxes or phasing out subsidies. But I think the world, we need to take some hard decisions. You cannot have a situation in which you have $1.2 trillion in fossil fuel subsidies. A lot of it is in developed countries, by the way, not developing. And then we are trying to look for peanuts for a loss and damage fund. You have over $600 billion in trade distorting agricultural subsidies. And we are looking for peanuts for a loss and damage fund. When we get $200 million, we're all happy. We need to take those hard decisions, but they are not being done because it's politically difficult. And politicians will look at the short-term horizon. They want to be re-elected, right? That's the problem. Thank you so much, Dr. Ngozi. I know you have to go. Minister Algidon? I think a few points. I listened to Mr. President and we spoke briefly before we came on stage. I would like, first of all, I think let us agree that climate change is real, risks from climate change are real, and we should work all together to find solutions that would help the planet and the livelihood of people. I think we are all in agreement. I remember in 2014, when the Paris Agreement was reached, developed nations have committed $100 billion annually for developed countries to deal with climate change and for them to transition out of carbon-intensive energy. What have we seen so far? Almost zero, almost zero. And I can understand Mr. President's enthusiasm about carbon tax and how it may change the equation, but then he linked it to two things. Subsidies to those who are in need. I agree. Whenever you raise cost on your community or others, you need to look out for the less fortunate and provide social safety net. Agreed. The second caveat, Mr. President said, is we need to find a way that we channel part of that to low-income countries. We tried that and it failed now. So trying something else, similar to what you have tried before and expect different results, it's very difficult. There are a lot of political resistance from developed nations, politically internally. I mean, we have heard just now some of the comments. So to say that we will put the tax, but then we will direct some of it to low-income countries is going to be very difficult politically, extremely difficult. Third, I would just remind ourselves that while we are enjoying the hated conference place here, there are over 600 million people in Africa that have no basic electricity, not intermittent, basic, absolutely no electricity.  They have their own endowment who should help them get that endowment from under their feet. Gas, for example, let them fuel their own transition, allow them to use their own endowment, help them to use their youth, empower their youth, risk their youth, train their youth. That is really what is going to change African and other low-income countries. Thank you very much. Thank you so much, Minister Lindner. I hope nobody tells my coalition partners and colleagues in cabinet that we are here considering raising taxes, would cause serious problems for me domestically. Seriously, I would like to widen the perspective a bit. I completely share the idea of fighting global warming by ambitious action, but we should think about the right methodology. I think there is an alternative to carbon tax and the alternative is a carbon market. In Germany, it is extremely costly to avoid further emissions. And I wonder if the same amount of money we have to spend in Germany would have an even better effect on other places on the world, for example, to invest in electricity production in Africa with renewable energy as part of a compensation of the German steel industry and for their emissions could have globally a better effect with lower investment. And it doesn't matter where carbon dioxide is emitted, it is a global challenge. So probably we should ask OECD to work on a common framework for a global carbon market as they did successfully on the global minimum taxation. If I'm allowed to, I would like to add a second remark. To finance all our needs for transition, fighting poverty and to prepare for the aging society, I think there is one solution. Given the demographics, given the investment needs, I think we have to foster our productivity. And this is why I'm advocating for structural reforms in the labor markets, in technology, cutting red tape, being more competitive when it comes to corporate taxation. And well, obviously I'm talking about the reform agenda of Germany, but I think others have to face similar challenges. We in Germany, we have to do our homework and probably we are part of the model because others have similar challenges. We had to solve our debt and deficit issues, which has made me becoming the loneliest minister in the cabinet, but we succeeded to solve our debt issues. And now we have to strengthen the supply side. And I know what some of you are thinking. Germany, probably the sick man. Germany is not the sick man. Germany is after a very successful period since 2012. And these years of crisis, Germany is a tired man after a short night. And the low growth expectations are partly a wake-up call. And now we have a good cup of coffee, which means structural reforms. And then we will be continuing to succeed economically. Thank you so much, minister. We only have five minutes left. So I'm going to call on Madame Lagarde and then David's president and minister. So thank you very much. I would like to flag a couple of areas where I think there can be hope and they can be trust if we deliver. And I'd like to start with two observations as a follow-up to Thamen. Your point is well taken about taxation, Thamen. But you have in this panel, in the discussion we're having, a good example of how difficult it is. Because tax issues present a huge heterogeneity. Whether you're sitting in one country or the other, you can have a tax burden of 50% of GDP or 10% of GDP. And you're starting from a completely different picture. So that should be taken into account. Second, there are currently instruments that have been laboriously negotiated at the OECD level to put in place those two pillars. One that institutes a minimum corporate taxation. And the other one that proposes to allocate profits of large corporates around the world on the basis of where the activity is generated. These agreements have been approved at the OECD level. They just need to be ratified. So it's there. Let's get on with it and move. Because otherwise, we will move to more fragmentation of tax. And we are seeing it with the carbon tax border adjustment here and there. And that would be more cacophony added to the risk that we see. And that takes me to my second area where I think there is hope if we, I'm sorry that Ngozi had to go because it touches on trade. Everybody will agree, no matter how much we talk about de-globalisation, that globalisation had massive positive impact in pulling people out of poverty, hundreds of millions. If we listen to I.J. Bunga from the World Bank, this virtuous path on which we were heading is now best stable at worst declining, more poverty than less poverty. Well, if we look at trade and the decoupling or the de-risking, however we want to call it, it implies two things. One, there will be different and new sources of supply and new patterns of trade. Number one, number two, because there is more vulnerability associated with supply, it may well be that the cost will be higher in the long term. And maybe that's not such a bad thing. Maybe we've been relying on this principle of efficiency over security a little bit too much, assuming that everything had virtually no cost, assuming that labour cost had to be minimal and reduced over the course of time. Well, this can change and maybe can change for the better to bring those people who had the benefit of globalisation and were taken out of poverty, also out of this recessing poverty that is at risk of bringing some of them back down again. So I see a lot of positives on those two fronts. I had a few other items, but I'll save them for next year. David and then this president. To paraphrase President of my country, ask not what the World Economic Forum can do for you, but what you can do for the World Economic Forum. Now, what do I mean by that? The purpose of the forum, and I can't speak for it because Klaus is the person who is really the most responsible to be able to speak for it, but I can say that the purpose for this purpose is to inspire people. What we've tried to do in this panel and in other panels around the World Economic Forum is inspire people and educate people. Hopefully, when you go back to your country, you'll educate yourself about some of the things that we talked about here that you might be inspired to learn more about and try to pick one issue of the ones we talked about where you make yourself not only well educated about it, better educated than now, but try to make some difference in your own country to try to bring some forward some of these ideas because the only way we're really going to be effective the World Economic Forum is we have people that come to the sessions and those people are watching on streaming, they are going to take these ideas and do something useful with them by working in their own countries to kind of educate people about these things. And that's what I really hope all of you will do is take something away from this session and say I'm now inspired to learn more about this issue or that issue and I'm going to try to do something in my country to make it more likely that that will happen. Thank you. Thank you. In 30 seconds or one minute, Mr. President, what are you positive about? I agree entirely that we need carbon markets that itself is a complex endeavor but we need to develop it and we need to make it global. It's not a substitute for carbon taxes for a very simple reason. Governments are going to have to invest significantly more than they've invested before. We want the private sector to fund most of the transition but about a third of the investment is going to have to come from government because of externalities and other reasons. It has to be funded. It has to be funded and we can't, there's no magical thinking here. Funding requires taxes of one form or another. The alternative is more and more boring, which Christian will be the first to agree, is not sustainable. So let's not duck the issue. Our real challenge is political. It is unpopular to raise any taxes. You have to design taxes together with subsidies so as to make it acceptable and fair. And that's the task of finance ministers and we've got to coordinate this as much as possible globally so there are no leakages. Design taxes and subsidies so that we can get ahead on this, invest at a higher level and make it fair for ordinary people. The developing world, I quite agree with both Al-Jaddan and Christine. It is an opportunity. We have the opportunity in fact of growing green energy powered industry in parts of the world which have lots of sun and wind. We have the opportunity of shaping growth strategies that are sustainable but it's going to require investment. It's going to require support from the advanced world, going to require a much enhanced role for the international financial institutions. We can achieve it. So all I'm saying at the end of the day is our political antenna have gotten too short. We're all looking at the next elections in a whole range of countries and the consequence if we carry on that way is going to be much more pain in future and a much higher hurdle that future politicians will need to cross. So let's start moving now, face things in realistically, make sure that it's fair and just and avoid piling up a large problem for the future. Thank you so much Mr. President. You got the optimistic guide to 2024 and the pessimistic guide to 2024 and beyond. Thank you so much to all of our panelists and I would love if the audience could also stay in their seats, also the panelists, because it's my great pleasure to welcome on the stage the President of the World Economic Forum, Borger Brende, for the closing remarks of this 54th World Economic Forum. Thank you very much to this excellent panel. I think you rebind a bit of optimism but also a lot of realism. I remember when as a young student in economics it was said that if you bring five economists in the same room it would be eight different opinions. I think we could get some real consensus takeaway from this panel, especially when it comes to rebuilding trust and that is also the theme of this annual meeting. So on behalf of our Chairman, Professor Klaus Schwab, managing board, including myself, I would really like to use this opportunity to thank you for your active participation in the World Economic Forum's 54th annual meeting in Davos. This year's meeting came at a critical and complex moment, not only for the world but for each person in it, something that was also alluded by the panel, also underlining the importance of inclusion. Rising global temperatures, a still fragile economy, and the deteriorating security landscape are challenges that are not bound by borders. They affect us all. There's no longer such a thing as a country, company, or community insulated from global shocks, and when it comes to leveraging opportunities it is not possible to do so alone. Yet we know the foundation of cooperation, trust, has been eroding in recent years, which is why this week's meeting on rebuilding trust has been so important. Leaders from around the world, from the public and private sector,


There you go guys, my thoughts of the day, the joy and satisfaction of making one smile or priceless. Whether you're at the store right now checking out and you thank the clerk for helping you or you tell someone, Merry Christmas or happy holidays or again, despite COVID, if safely you help that person you see struggling to get something off a high shelf or whatever it is, just because we're in the midst of a pandemic doesn't mean we can't move forward in kindness and grace. In my opinion, we need to do it more than we normally would because you know, that times are tough. This is the weirdest December that hopefully I'll ever have and hopefully you too. So anyway, if you're inspired by this, my version of the December daily and to do something different like this or do something with positive affirmations, I certainly would love to see what you're doing. Please tag me in your posts. If you wanna share with me on social media, all my links for that and ways to support the channel and the free content are down in the video description and or in the link tree list of links that are down there. If you have a favorite content creator that you would like to support, check out their video description because maybe they have a way to support the free content and if you can't figure that out, maybe private message them and ask. Not only for YouTube, but also for all the different Facebook art groups. They take a lot of time to do and a lot of, it's a lot of effort anyway. That's it for today. Please stay safe. Please be, stay healthy. Stay creative. Please wear a mask, big hugs to everybody and go out and do something nice for yourself because you deserve it. On this 23rd of December, Christmas is in two days. Holy cow. All right, I'll see you later. Bye guys.


All right, so first up we have a couple of revisions. We have a couple of revisions. Okay, first up, open MV cams, the H7R2. We carry the R1. R1 is not available due to a part shortage. But they did have some R2s. They sent us over R2s. The R2s have changed the camera. It's now, I think, an MT camera instead of like an OV camera. It's a little bit higher quality camera module. Otherwise, the same circuit and chip layout and everything is the same. Software is the same because of how it detects which camera you have connected. Prices went up slightly, but otherwise it works great as open MV H7 cam. So go for it, just be aware. It uses a slightly different camera sensor. It's a higher quality one, though. Next up, another revision. Okay, the ultimate GPS has been revised. If you remember for the last year or so, we've been struggling with, or a little bit more in the year, the company that made the GPS modules that we've used for almost a decade now, stopped making them, but we found an alternative. Another company which makes a pin compatible, pretty much software compatible chip with antenna GPS module is available. So we now manufacture it with that. The only real difference is instead of like the NMEA sentences starting with GP RMC, they now start with GN RMC, I think. There's a couple of small changes, but basically we can't get the old ones, and so this is what we got. The quality is the same. The performance is the same. All the functionalities that we've used are the same. In fact, I think some of the people at the new company or even from the old company, they kind of left and decided to keep this product alive. So we're glad to keep the ultimate GPS going. It's our favorite GPS unit, and we're just going to keep making this GPS. Next up. It's Will Ferrell time. Yeah, GP made a little graphic that made it look like Will Ferrell. Why are Ferrells? Why are Ferrells? Look, they're a little bit obscure, but they're still pretty handy. I bought their first album before everyone heard of them. Yes, they're a little obscure, but that's okay. Hold on. It opens this way. So you get different sizes, and each one of these is a little plastic nub, and it's got a metal bit, and actually the metal bit is what you crimp. So you put a wire into here, and the wire actually shouldn't... Oh, this one's a little bit too small. Hold on. Let me grab a gray one. Okay, yeah. So the wire actually goes into the metal bit, and then you crimp it with your crimping pliers to make it nice and flat. You squish it, and now you've got a wire with... It's kind of like those things that you have on the end of your shoelaces, the aglets, I think. I don't know what they're called. But little things that just make it a little easier for you to thread your shoelaces if you have shoelaces. It's basically like that, but for wires, if you're going to be using them in terminal blocks or attaching them in some way where you don't want them, especially stranded core wires, you don't want the stranded cores to fray and break off or something, these ferrules are quite nice. They're a little luxury. They're used often in automotive and robotics, but they're a handy little kit. You get some of every single size from mega huge all the way to like, oh, it's so tiny. That's the official size. Okay. Next, we've got... This is a cable. It's a flex cable that goes specifically from a Raspberry Pi Zero or Zero W to a standard Raspberry Pi CSI camera. We have a couple of different cables, but we didn't have a long one and a lot of people actually wanted a really long one. So we're like, okay, we'll go get one for you. It's just a flex cable. It works just like other cables. One side goes into the Pi Zero. One goes into the camera. This won't work with a non-Pi Zero, like a Pi 3 or Pi 2 or Pi 4. There are different cables that we have. The Pi Zero has a special connector you see on the left. There's a higher density. That's what's used on the Pi Zero. So that's what you'd use this for. Okay. The stars of the show tonight, we're going to do two. The first one is the LED glasses and then we have a final thing. So let's start off with this. So you've got the starter kit and the glasses kit for the LED glasses. So we've had the LED glasses panel on the driver and then people are probably like, hey, so how do I actually wear this? Well, you needed a pair of glasses that we designed it for and we now have the kit in the store that you would attach the LED panel and driver to and it works quite nicely as a mechanical substrate for the circuitry. And the reason we did this is it's very, very hard to make circuit boards that are comfortable and wearable. It's a lot easier to get a $2 or $3 plastic fashion glasses that don't have lenses and then you strap your circuit board to them and then you have this comfortable and very sturdy and well hinged glasses and then you can attach any kind of circuitry you want and not worry because it's not your fancy glasses. So let's, I can show on the overhead how they're attached. Oh yeah. So you can sort of see that these are plastic lenses and so they also have the little nose protecto thing which is very nice and they're big and chunky which is great because we designed the circuit board to fit over them. You can't tell that there are glasses underneath because the PCB hides the glasses and of course the glasses have no lenses but they are very nicely built. They're very sturdy but not too expensive and they have nice thick arms too and so you can attach the driver to the side. I just used I think double sided foam tape or double sided sticky tape but you can also zip tie them to the side. And we're, you know, you can put in your own lipo but because this goes on EMS we just did. Yeah. So because it's on your face. Yeah. Basically when stuff's on your face I was like, you know what, if you want to use a lipo you can enable the lipo battery but the kit comes with triple A batteries and triple A battery holder with a little belt clip and extendo and honestly I think that's like the safest thing because I know the overhead. So you've got your glasses and then you've got this battery case and then, you know, I just clip this to the back of my hoodie or my shirt but you can also tie it to your belt and it's double A batteries or sorry it's triple A batteries. They're not very heavy.  I don't know, vampire things. And then if you, yeah, again, if you really, really want lipo batteries. Also another thing is oftentimes when I'm wearing stuff like this I'm at like Burning Man or a party or out at like New York City like Halloween parade. I need to have an extra set of batteries with me. Triple A batteries are pretty easy to carry. Swapping out of lipo is a pain. Okay and continuing on our stars of the show tonight. Here it is. This is our star of the show tonight. Besides you, Lady, our customers, our community, all the folks here in the chat, our team at Adafruit. Here it is and this is why the code was broaches tonight. Broaches. Okay. This is a project from, this is Kitty's, sorry, Kitty Flowers by, Art by Physicist. Art by Physicist is the name of the company and Kitty is the person who made these flowers. These are kind of neat. They're these beautiful flower shaped PCBs with RGB LEDs on the front. They're neopixels. And then on the back you've got a, let me see what shape this is. Whoa. It's buzzing. It's too far away, maybe. Hold on. It's like, oh no, I got disconnected from my friend. Okay. On the back is a, that mega 3328 and it looks like you can program it over USB-C here. It's got like, I'm sure some, maybe some USB system going on so you can program it. Access no USB to serial converter. There's a buzzer. There's a little clip so you can clip this on. There's an accelerometer. Oh, it's so tiny. And there's a Bluetooth radio. So, and then you can even see here it says, pair and link. Oh, I see, I see. Oh, yeah, they're linked. So when you have two of them together, they will pair and then they will, you know, know that they're near each other. And when I think they're far apart, one notices and can like alert the other. And you can do like other fun projects where, I'm here. I'll say I didn't, I'm here. I'm here. And then should I go away? Maybe. It still says link. I mean, it's going to work from kinda far away. Okay, fine. I'm going to go, I'm going to go near. I'm going to go far. Okay, bye. Far. It still says link. I don't know how I got it to, what if you shake yours, Phil? Yeah. No, it's the radio still works. I think you have to be like either really, really really far away or maybe like you have to shake it really well we'll play around with these we just got these we just got them in but give them a oh do you want to go to the overhead again oh yeah sorry you're gonna give them a lipo battery they do have a lipo charger but they don't come with a battery so it's easy to ship but we stock all sorts of batteries so you know any any lipo battery stock will work just fine and then there's example code on the DF robot website for how to program this to make like different paired Bluetooth like syncing projects so they come as a pair and you're kind of intended to sort of program them as a pair with one person gets one one person gets the other and then maybe you can like have them communicate with each other and that's new products this week very beautiful


I'm Raimi Stiles from Mariana and I wanted to give you a crop progress update from Leak County on my farm. We're just past the middle of May and we have all of our peanuts planted and have a stand on most of them. The cooler weather that we've had has been slowing the emergent some on all of our crops, especially the cotton. We still have some fields to plant in cotton, but most of us beginning to recover now as temperatures have come up and we do have a pretty good start as far as our planting progress is concerned. We're almost 85% planted, but the weather has impacted the way this crop's grown off, but we are expecting to finish our planting on time and with the prices that we're seeing, we're pretty optimistic about our prospects for this year. Go hogs!


Hey, this is Brett and this 2016 Toyota Tundra Crew Max SR5 is stock number 12894ZB. I am here at Summit Automotive in Fond du Lac, Wisconsin, you're new and used light duty truck headquarters. This 2016 Toyota Tundra has the 5.7 liter V8 engine. It puts out 381 horsepower. This truck has been fully safe and inspected by our service shop per the state of Wisconsin inspection process, has a fresh oil and filter change all the fluids have been checked and topped off and this truck is 100% ready to go. I'm going to go all the way around in this video inside underneath, start it up and take a look under the hood. Magnetic gray metallic is the color and I shoot all my videos in 4K so if you have HD capabilities on your computer, tablet, smartphone or television I highly recommend turning them on right now because it is your best way to check out the quality, condition and options of the vehicle before seeing it in person. Going down this side, box looks really good, the doors look really good and if you like the video you can subscribe to my YouTube channel in the upper right hand part of the screen and then click the bell notification to get updates every day. I do the videos of our new newest inventory. This one comes with the painted alloy rims and it has Toyo Celsius CUV tires. These are 275-65 R18s and they have a little under half the tread left but still decent tread on there, framing under bodies in pretty nice shape. Front fender is in excellent condition, headlight lenses are nice and clear and it does come with the factory fog lights. Front bumper is in excellent shape, didn't see any major dents or dings on there, it does come with the chrome trimmed grille and the hood is in okay condition, does have a couple little scratches and stuff but didn't see any dents or dings on there. Passengers side front fender is in excellent shape, magnetic metallic has got a lot of metal flake to it, it's a really cool color especially in the sunlight and this passenger side rim no scuffs or scrapes on there. Now as you go down this side of this 2016 Toyota Tundra take note of how clean the body is, how reflective and mirror like that paint is. I take these HD videos so if you are far away or even if you're close by and you just cannot make the trip down but you're still interested in purchasing the vehicle, you can see the truck, hear the truck and have confidence in the vehicle that you're looking at before you even get here so when you do get here there's no surprises. You can make a smart and informed buying decision from wherever you're at and if this video helps you make that buying decision let your salesman know that you saw the video that it was helpful and that Brett sent you and then I can keep doing these videos each and every day and if you like I said before if you want to subscribe to the YouTube channel it's in the upper right hand part of the screen. Back tires have just as much tread as the front tires, frame and under body is in nice condition, has all the remaining factor exhaust and it's very clean all underneath under here. Little rockers and cab corners all look really good and solid and it does come with the factory step bars. Passing her side box is an excellent shape I didn't see any major dents or dings on there coming around to the back the rear bumpers in great condition as well does have a full towing package which includes a receiver hitch four pin and seven pin wiring and the tailgates in pretty nice shape as well. Does come with a back flip fold up tonneau cover there are a couple little dents at the top piece of the tonneau cover it's definitely not new inside you get a spray and bed liner the bed is really nice back here didn't see any major dents or dings and that spray and bed liner goes on to the tailgate which is nice to have as well. That is a locking tailgate coming around to the driver side just as clean as that passenger side no major dents or dings like we said before and for full disclosure this back rim is in excellent shape too. Alright let's check out the interior cabs in nice shape as well does have the heated power mirrors inside the SR5 package gives you the gray three well gray black and light gray tricolored interior no rips or tears on the seats power driver seat factory all other formats power mirrors power windows power locks we'll take a quick look at the back seats back seats are just nice as the front seats no rips or tears back here does have the latch child safety system for any child car seats you may have the I think this window might yeah power rolls down and it does have the rear defrost built into it no rips or tears in those seats you fold up like so for extra storage and you get all other formats back here as well child safety locks on the back doors and the bottoms of the doors all look fantastic on this truck hop inside check out the miles the radio and everything that this truck has to offer on the interior alright see this one has 59,795 miles instrument cluster is very nice and clean I'm going to start it up here starts right up no check engine lights or anything like that see that this one has 59,795 miles instrument cluster is very nice and clean you get audio and information center controls on the left bluetooth and display controls on the right you get the touchscreen radio this is also where your backup camera shows up does have a CD player there as well and you get AM FM and Sirius XM radio capabilities this one does have the factory brake controller stability control tow haul mode your turned off four-wheel drive and your climate controls six-speed automatic transmission and the passenger side format and seat are in excellent condition no rips or tears on there and the headliner is in very nice clean condition as well you do get map lights up there compass display and home link buttons for your garage door security systems and lighting systems we'll take a quick look under the hood I would personally like to thank you for checking out the video today and hopefully from this HD video you've been able to verify the quality and condition of this truck all the way around inside and out under the hood we have the 5.7 liter v8 engine 381 horsepower engine base very clean runs very smooth shocks are doing a nice job holding that hood up once again this truck has been fully safe and inspected by our service shop has a fresh oil and filter change all the fluids have been checked and topped off and this truck is 100% ready to go there is your emissions sticker and to see more pictures of this truck or one of our other 400 500 new and used cars trucks scvs minivans wranglers half tons three quarter tons one tons you name it we got to go to that website right there summit auto.com full pictures and descriptions of every single vehicle from two locations all at summit auto.com if you'd like to check out more HD videos you can go to youtube.com slash summit auto number two like subscribe and share on this video and all the videos that you see there click the bell notifications and get updates on the videos I do each and every day here at summit automotive in fact in a second you'll see a link to subscribe to my youtube channel the upper left link to more tundra videos like this in the upper right link to this vehicle on our website lower left and a link to one of our latest youtube videos in the lower right click those check us out and we're super excited to help you at this held between 2016 Toyota tundra crew max short box sr5 and magnetic gray metallic thanks again for checking out the video remember to like subscribe and share on my youtube channel i really appreciate it thanks again


Thank you very much, Minister Charlewa. This is the part of the conference that I like the best, because this is the part of the conference where we celebrate the leadership of some of our own family within this wonderful and vibrant community. This is when we give out the awards that Harm Reduction International gives out every conference for the last 20 years. Three different awards, the Carol and Travis Jenkins Award for Outstanding Contributions to Drug User Activism, the International Rawleston Award for Outstanding International Contributions to Harm Reduction, and the National Rawleston Award for Outstanding National Contributions to Harm Reduction. And I'd like to begin with the Carol and Travis Jenkins Award. This award is decided by the board of directors of HRI, along with the three previous winners of the Carol and Travis Jenkins Award over the three previous years. And it's my great honor and privilege to give this year's award for Outstanding Contributions to Activism amongst People Who's Drugs to Lee Hurtle. That's what I'm here for. Lee has been engaged actively with Harm Reduction for more than a decade, and has been an advocate and activist providing peer-to-peer interventions in Minnesota. He established Lee's Rig Hub in 2012 as a means of helping to prevent blood-borne viruses. Lee's Rig Hub offers street-based needle and syringe programs and other harm reduction interventions, including the lock zone training materials and others related to overdose prevention, safer drug use, and safer sex. As a collective, Lee's Rig Hub operates out of Lee's apartment in downtown Minneapolis. It works in the streets, in places where people inject, goes on rides with drug suppliers, anywhere that he and his peers can achieve maximum coverage to have real effect, perceptible change. Within the state of Minnesota, Lee is a voice of people who use drugs, acting as a liaison point between his peers and the Department of Health. The presence of Lee's Rig Hub has been an essential case of providing services to many of those who are most marginalized and hardest to reach, frequently too, also particularly stigmatized. So Lee has been an outstanding contributor in his community, has been an outstanding contributor to the International Harm Reduction Conference, and is one of the major reasons why we have so much in the lock zone to give out to our attendees at the conference this week. And I think I'll leave it best with a couple of the vignettes that were submitted in support of Lee's application by some of his peers. One of whom said, Lee, for many years, has been one of the only places that me and my friends have been able to get clean injecting supplies from. He's always done his absolute best to keep everyone safe, and has supplied Narcan to wake up and has supplied enough Narcan to wake up an army of elephants. I've saved at least 25 people myself through these means. Another one said, he's an outspoken fierce advocate for getting the life-saving drug in the lock zone into the hands of people who need it most. He engages and educates. He has credibility. He has served significantly to reduce the soaring overdose rates in Minnesota. I'd like to give to you, Lee Hurtl, thank you. With me, I'm very nervous. Thank you to the HRI Board. Thank you so much for this distinguished honor. I'm very humbled to have been selected, but I'm also very proud to be the recipient of the 2017 Carolyn Travis Jenkins Award and to be counted among past recipients, many of whom I look up to as well as look to for guidance, insight, and support. I've given a great deal of thought to the theme of HRI 17 at the heart of the response. What does it mean? What does it signify? To do something with heart is to act in love, but it also is to do something with courage, conviction, and bravery.  It takes courage. Standing up to argue, advocate, and fight for the rights, dignity, and self-determination of our brothers and sisters around the world takes courage. To speak truth to power and to pose yours takes courage. To screen with righteous indignation against slights and slanders takes an incredible amount of courage. Never let anyone get away with discounting the accomplishments and achievements of people who use drugs. Never let anyone say that we are callous and uncaring miscreants because we are not. We, the drug-using community, and its allies, I lost my place, hey, it's allies, are loving and caring people. We care for and about each other. Yes, in part because we have been left with no choice by society and a world that finds it perfectly acceptable to treat PWUD with contempt and derision, but also because we are all that we have for each other. It is imperative that we care for each other, fight for each other, and storm the gates of heaven for our people. The PWUD community, our community, is one of the few remaining groups that can be disparaged in every hollowed hall around the globe. On the floors of parliaments and legislatures everywhere, as well as the podium of the UN General Assembly, no one is allowed to spew vitriol against Jews, blacks, Asians, Hispanics. The list goes on and on, but hate against PWUD is allowed, encouraged, and rewarded. This is unacceptable. We know where it leads and leads to and to its effects.  These are cowardly acts committed by cowards. Let us not fool ourselves. These heinous crimes against humanity are committed by cowardly, hateful demagogues. Yes, I speak to you, Duterte.  Your days of judgment will arrive. You will be judged and found guilty of gross human rights abuses in the International Criminal Court, but most importantly, you will be judged by whatever gods there may be. Your heart will tip the scale and a feather of truth shall be jolted from the scales of the floor.  We are acutely aware that what these abominations need to survive and thrive are scapegoats. This has been proven again and again throughout history. We will not be your scapegoats and your method of diverting attention from your crimes and misdeeds. We drag users have been around since the first hominid happened upon fermented fruit or a mushroom or the leaf of a plant. We will remain on this planet until it is consumed by the sun. You will not win. We shall stand triumphant. Thank you. If I, one more, a little more time up here, a little more time up here. And this is all serious. Please, people, we are all we have for each other. I know you've been ever here to party, have fun with friends.  It is very potent here. Do not think we are joking. We do not joke. Purity levels in the US are above 70% in Canada as well. And now fentanyl and car fentanyl. There's evil afoot in the world. Please, when you're partying with people who use opiates, make sure they have naloxone. Make sure you know how to use it. We have intramuscular. We have nasal. People have donated so much to keep all this safe. As I said, we are all we have for each other. Please, please be careful, be safe, be wise. Always test your shot. Never use a loan. If you need to go into a bathroom for privacy, fine. But the door stays ajar. Do not let anyone, anyone, die during this conference. And slander our good name. Thank you. Thank you so much, Lee. Congratulations. I should say Lee has been a tireless, pure health worker at the last number of conferences and is always front and center in trying to keep people safe.


Do you have fun? Yep. Do you have fun? Yes! Alright. How'd you do it? I don't know. Alright.  I like it. I like it. I like it. I like it. I like it.


Hey guys this is update on day three here for our boarding project and it's coming along that there is still a ton of stuff left so I'm gonna flip the camera and show you. All right so the keep stuff is substantial and still too much in my opinion for her new place but that's what she wanted. So here we go here. This is all keep as well. I cleaned out this garage. There was five tons of garbage in this garage alone and it was completely clear but now we have more stuff. This is keep stuff so a lot of it is brand new or valuable. I really want to look at it. But this room here we could we only did about 50% now you can actually see the wall. So we are getting with a charity here for the videos and DVDs so we will donate all this stuff here and then we have some recycle material that we are going to recycle as well and then electronics that we are going to recycle as well. So but here's the cool thing is that I've been to this house about five times and I never knew these rooms were even back here.  Look at that. So this room is recycle material here. Carpet is gone. You can actually see a window now. It's crazy but here is the only room left and there is a substantial amount of books in here. Tons and tons and tons of books like old cart CD holders here. It's insane so we'll donate as much as we can. Unfortunately a lot of places don't want this type of books. These aren't like highly desirable type books. But we are surrounded by books. It's crazy. There's stuff literally everywhere. I'm guessing there's more rats in here as well. So we've got plenty of ronet droppings here. So anyway we've got a lot of progress but we still have a long way to go here. We're on finishing up day three. We still have a lot to recycle and then you can see the kitchen alone is just completely bad. Let's check out the master bedroom because that was not done either. Maybe we can actually get to the bathroom this time. Oh my gosh we can. So this is awesome. I didn't even have never seen this wall. So we still got a lot of big big furniture here and then who knows what that is. Guesses what this is. Anyone? Any guesses? And you see you got mold on the wall. Everybody hear me okay? I'm gonna show you the bathroom here. Nice job guys. Wow. So this is the bathtub. Holy cow. This is the bathroom. This is the toilet area here. It's all books. All books. That toilet room is pretty bad. Pretty bad. This glass is shattered here. Alright so if I'm not having the best reception this house is like a dungeon. So we've still got a lot a lot to do. Let me show you our dumps. So this is completely full. This is completely full. And this is almost completely full here. So as you can tell this is a really cool awesome neighborhood. So we actually purchased this property and we will be fixing it and selling it off here which is part of what we do in our services. So this was if you just joined us this was a property that had been hoarded for 20 some years. It got so bad that she actually moved out because she just completely could not live in there anymore and moved to a condo. So hoarded the condo and we cleaned that one up first last month and then we finally are tackling this one. It's gonna take about five days for us with about seven to eight people. We've had on average each day and as of yesterday I tallied 10 tons of garbage and then today I will get the receipt tickets and tally the entire entire tonnage up for you guys so you can see what we got but it's substantial. It really is. There's a lot of debris here. Most of you are asking are we throwing everything away? We are throwing things away that we can't donate. So our goal is always to donate or recycle. If we can't do that then then we have to throw it away. So that's just what it is. So I'll give you a walk through here tomorrow and you can see the progress on day four but so far so good. Thanks for watching.


What's up everybody, Jason here for JaspysCaseRace.com. We're doing a quick little filler here that helps give away seven spots in the quick hit mixer with this 2019 prism football hobby pack break number 75. And again guys, first we'll do the pack break, randomize because our name seems to be the hits out. And at the end we'll re-randomize the names that bought in originally and the top seven get into the quick hit mixer. There's another filler up and a couple full spots to the left guys, so let's try to get those rolling. And this is also a promo break, so at the end I'll paste in your guys' names. And again if we sell these breaks out by Monday, got a couple days, we can give away $3,000 in break credit guys. So let's do the break first, roll it, it is a 4-4-8 the hard way, 1-2-3-4-5-6-7-8, 8-8 Brian down to A round, 8-1-2-3-4-5-6-7-8, Steelers down to the Jets, of course 6 of what you got guys, no trading, but I'll let you see the list right here really quick before I start. Alright guys, quickly do the filler packs, we'll see if we can have a color maybe, and Mark he's Hollywood Brown, nice, number to $249, to the randomizer, and let's give away seven spots guys, roll, 2-3-5 times, here we go, top seven get in, 1-2-3-4-5-6-7-8, Steelers boom, it's missing all those Jason K's, sorry buddy, but top seven, Nicole, Eric, Peter, John, Michael, and Steven, there you go, the top seven aren't in, so again guys another filler is up that we need to do, but if you guys want to start selling that one out or sell some straight up spots guys, get this break done quicker, appreciate it guys, so again now let me copy and paste the list of names, that way you guys are in the promo just in case it does sell out, which I think it's very possible guys, I don't think these breaks are just out of reach, so give it a shot guys, appreciate it, thank you guys.