hey what's up you guys welcome back to my channel if you're new here hi hello i'm lydia and if you are new here make sure you hit the subscribe button during the growing family sorry for that really loud truck this video is about how my eating disorder manifests and the development of my eating disorder so trigger warning i am going to be talking about numbers if you're going to be triggered by that please don't watch this video thanks for understanding oh i've had a rough day so far this morning i took my meds and i came back upstairs and i immediately threw up so i haven't had my morning meds because i literally came back up and threw up so i haven't had my morning caliperadol i haven't had my morning glyphosite i haven't had my morning how else am i taking the morning i don't know why i'm taking the morning lansopadol bisopralol and the glyphosine obviously i've had my insulin but it's been a bit of a nightmare morning my head feels like the static everywhere and it's not fun but i wanted to make a video because i'm going on holiday with my grandparents i'm going up to wolverhampton they're meeting me in wolverhampton going back to theirs for a few days then on thursday we're traveling down to summer sat until the tuesday and i do a video for the monday and i can't upload one of the caravan because there has no wi-fi and when i would do it on my data i need that for watching things when i fall asleep so yeah little little thing that's why i'm making this video it's top of my list now so i thought let's all do it my eating disorder really started around the age of 12 i say that because at 12 i was i wasn't eating at school i wasn't eating breakfast the only way i ate was dinner which not the best i was really cutting down on snacking and rather than getting a lunch i pocketed the money that money did buy me great joy though bought me some nice headphones back when phones had headphone slots now back when i was struggling tumblr was my safe space and i'm not going to give out the username because it's still out there and it's toxic as fuck but on my tumblr i followed a lot of eating disorder accounts and honestly i just reposted anything that i thought was an inspiration like fad diets it just wasn't a safe space it did trigger me a lot and it triggered me into my anorexia now i didn't have anorexia until i was 14 but it started to really impact me at school i passed out in a science lesson because i hadn't eaten in two days but my anorexia manifested in a very strong way where it was telling me constantly not to eat and i listened i just didn't eat i made excuses at dinner saying i was going to go out and get something with friends or saying that i was eating at a friend's house but i'm really weird just starving ourselves because my close friend at the time was also struggling with anorexia we bonded over that and we used to follow each other's ed instagram basically an account where i posted really triggering details my lowest weight was five stone two see i was a size four and a size six and how that affects me now is i want to get back down to a smaller weight so i can fit in my size six clothes which realistically isn't gonna happen i'd be happy with a sizing currently i'm a size 10 so it's only one more size and i'll be happy my goal is to get to 55 kilograms and then stop but the issue of losing weight on me is it's addictive and this is what i've been so careful with it because i don't want to fall back into the grips of my eating disorder i'm losing the weight healthily like i'm still eating lunch i'm eating dinner last night i had a pizza which that's not right for weight loss but i wanted to eat something oh i didn't want to get wet because it was raining yesterday my eating disorder now manifests itself where it's trying to put limits on the calories that i eat it's having the diet home it's just a really hard thing to try and explain my DEVNOS also known as usbed now it's something that has controlled my life for about all in all i've been in sort of her very long time and i'm 26 now i turned 27 this year so obviously i want to stay a healthy weight i just want to lose 8 kilograms sooner rather than later having an eating disorder is by no means fun when i was anorexic i was eating about 600 calories a day sometimes less never more buffet meals were perfect for me because i didn't have to eat i could just have a plate with a few bits on and it looked like i was eating i was pretty good at hiding my eating disorder my mom didn't find out until my school phone my mom died fainted and glass had eaten for two days which i kind of expected them to call her i mean of course they're gonna call my mom my mom didn't really interact too much she just asked me outright if i was eating and i said no and the answer is yes but manifest though i might eat another manifest itself it goes straight to restrictive practices and it does fall back into not eating only eating stuff below certain amount of calories diet coke and that is something i am struggling with i'm like right now struggling with but yeah that's all i've got for this video if you're new subscribe during the growing family sorry this one's a bit of a downer it's not got a positive ending i am fighting get as much as i can and i am eating i just had sausage and mash makes me very happy because it's my favorite meal if you don't want to please me just invite me to sausage and mash and i'll be there oh it's my favorite meal what can i say all right thank you for watching subscribe if you are new i've already said that and stay strong stay safe stay sober peace


internal revenue service IRS tax news tax payers file when ready don't wait until October 17th the file of 2021 tax return file when you mean fire when ready IRS whatever I'd like to I mean I or I'm I'm ready to fire you IRS that's what I'm ready to fire that's what I'm talking about and don't rush me with my taxes I have until October 17th and I'll wait till five minutes before the deadline just like I did with my high school English papers why because that that's just the way I roll IRS that's just the way I roll deal with it deal with it man dang IRS sounds like mr. Beatty used to I'm a crazy rebel like that just yesterday I tore the tag off my mattress even though it said not to and I mean yeah I left it on there for 10 years just in case but then like yesterday I totally ripped it off and I'm not even that worried about it mainly because I did seek legal counsel before doing it and feel fairly certain the likelihood of repercussions is quite low but still I mean it says not to tear it off you know and I was like whatever man I recently got a comment calling my work a laughing stock which is exactly what I was shooting for looks like two snakes trying to kill each other on your head that's what I was going for I mean laughing stock sells for good money these days belly this doesn't cost money it makes money I know I pay good money for laughing stock you mean people will pay good money that I could put like in my youtube videos I think I have a scheme so deviously clever that I guess laughing stocks just another word for like cool meme it's right check it out you're already a meme I mean it's way better for your material to be laughing stock than laugh less stock am I right oh man Chris this computer is telling me that you done swift it up because nobody wants laugh less stock laughing stocks in demand man hey wouldn't you rather be with someone who's in demand just a bit outside he tried the corner and missed COVID tax tip 2022-131 August 25 2022 for people who requested an IRS extension to file the October 17th 2022 deadline may seem far away but it's coming up fast so if for tax year 2021 typically do in April but there's been weird stuff going on in any case if you went on extension then we're back kind of to the more normal deadline on the extension deadline October 17 2022 so you still got some time but it is coming up fast remember that the filing deadlines are different from the payment deadlines so if you owed money you still want to pay the money in order to avoid penalties and interest remember that's our goal here avoiding the penalties and interest so taxpayers who haven't filed whether they requested an extension or not should file a complete and accurate return as soon as possible so obviously the IRS would like to get the taxes as soon as possible generally because if they get the taxes later in the year if everybody was to file in October they're already backlogged with other tax returns and if they then go into the filing season it's gonna cost them you know it's gonna back them up a bit so obviously from the IRS standpoint they would typically like to get the tax returns and sooner you would think because this is the slow season in general for them right now and they would like to be cranking out what they can during this time before they get back into the busy season so for people who have all their paperwork in hand filing sooner and electronically could help them avoid possible processing delays later so they're basically saying hey look even though we hired a gazillion more IRS agents in that last bill that went through if you wait until the last minute here then maybe it will delay the processing time of the tax return so if that's a concern to you take it into consideration if they if the delay is their fault it may not have any impact on your on your end right because they might not shouldn't charge you penalties and interest as long as you filed it on time but obviously if you're looking for a refund then it becomes more important if you're looking for a refund then you might obviously you might want to file sooner you would already have an incentive to file sooner in that case you know anyways but in any case here are some resources and information to help taxpayers avoid getting caught up in a last-minute filing rush resources for people preparing their tax return you got the irs.gov so the iris is saying don't call us we'll put it on our website and you can check it out iris.gov iris.gov irs.gov the irs web page has tools and resources to help taxpayers and answer FAQs frequently asked questions you got the online account this is becoming more and more important I believe it will continue to be doing so going forward more like kind of how you might have your banking set up obviously a lot of this stuff is set up online now you would think that you would want to get more access to the stuff on the irs code especially considering they've been making some things more complicated like having these prepayments and that the stimulus payments and that kind of stuff which you can check on the irs website on your account possibly which would be great so and I I do believe that they took away the facial recognition so in order to sign up for an account they're not going to scan your face and put a chip in your forehead and then your phone and track you around yet so I think you could still get one and not not worry about that stuff so access individual account information to get info from the most recently filed tax return including adjusted gross income economic impact payments and advanced child credit payments you might need that last adjusted gross income number from your tax return in order to file your electronic tax return because it might actually ask for that so make sure that you have that available and are aware of it especially if you're filing or trying to file five minutes before the deadline which I don't actually recommend doing in practice you want a bit of a cushion you want a bit of a cushion case something goes wrong in any case interactive tax assistance there's a link to that here taxpayers can enter their info to get answers for their specific tax situation this tool can determine if an individual must file a tax return their filing status if they can claim a dependent if an income type is taxable and their eligibility to complain to claim a credit or deduct certain expenses so you got the interactive tax assistant now note that I believe if your income is below a certain threshold you could still get access to the free file software which is third-party software and so you might I mean I would think that doing that actually filling out the software and going through that process would be useful for most people because if your income is below a certain threshold you might not be required to file but remember that's a different thing than are you going to benefit from filing meaning you're not required to file if you don't owe any taxes meaning generally if your income is below like the standard deduction because the iris isn't going to come after you for not paying your taxes then but you might have some tax benefits especially in this cup last couple years because they've increased the number of refundable credits greatly like the earned income credit the child tax credit for example you know education credits have been changed and so on so I would recommend you know actually getting access to that free software and plug it in the numbers there so you can get you know an estimate of whether it be worthwhile to file and it should be kind of free to do so it might take a little bit more time but that's what I think might be worth doing so tax professionals so if you're tax pro tax pros can also help taxpayers prepare their tax returns authorize irs e-file providers are qualified to prepare transmit and process e-file returns taxpayers should choose tax preparer wisely choose wisely so the irs online directory there's a link to that here can help people find a local tax pro volunteer income tax assistance program there's a link to that here the irs vita program offers free basic tax return preparation to people who generally make $58,000 or less in people with disabilities or limited english speaking taxpayers most sites are only open during the filing season but taxpayers can use the vita site in locator tool there's a link to that here to see if there's a community based site staffed by irs trained certified volunteers still open near them taxpayers can file electronically for the fastest turnaround time so if you want to turn around fast here and obviously again it might not be as big an issue on the turnaround time if you're already filing you know an extension so remember that on the irs side of things like whenever you read something from the irs they kind of they kind of are going to frame it as if they're doing this for you right but clearly and it could be a benefit to you but they want the filing to be fast as well on their end they want everything electronic because they want to lower the staff time and make it faster and this and that as well so obviously if you're trying to look for a refund and you want to get that refund as soon as possible you would want to file as soon as possible you want to file electronically you want to give the direct deposit information that would give you the fastest turnaround on the refund if you're not as concerned with that stuff then it's not as long as you're avoiding the penalties and interest because there's not a big refund that you're looking for or something like that then it might not be as important to you specifically so just keep that in mind whenever you're reading stuff just basically from any company or or government entity that's that always will frame things as if you know it's not it's not in their interest they're looking out for you on it right but it's like okay so e-filing is fast accurate and secure when taxpayers use direct deposit their refund goes directly into their bank account the irs processes most e-filed returns and issues direct deposit refunds and less than 21 days you got the irs free file eligible individuals can use the irs free file program to prepare and file their 2021 federal tax returns for free these are third-party softwares that somehow the irs took their arm and they threatened they put it behind their back and threatened to break it that's my imagination i'm not sure it just to make them to have this free file option for you but i think it only so you want to get access to that because the software is really helpful to file the tax return if you're not hiring someone to help you do your taxes you would like to use the software generally and if your income is below a certain threshold you can get access to it if you wait past the deadline of october i don't think you have access to it anymore they the iris loses their their chokehold over the company somehow and so you want to take advantage of the software when you can taxpayers can choose the brand name tax preparation software company that is best for them some companies even offer a free state tax return preparation i don't think into it is on this list by the way which would be turbo tax which is a big name one i don't know why but i think they might offer a free option as well so you might want if you if you're no turbo tax or you want to check that one out you might want to go to their website directly and see if see if they have a free option if your income is below a certain level but i think the income level is going to be lower for them might be a lesser of an option but another option so those who earned more than 73,000 have the option to use irs free file fillable forms i don't really recommend doing that unless you're quite familiar with the forms because if your income's above the 73,000 your tax return is going to be more complex that's probably the point in time where you at least want to have software to fill out the tax return and notice things have changed a little bit i mean it used to be if your income was above 73,000 it would be more complex than tax returns below 73,000 but now because of all these refundable credits and whatnot the low end tax returns are actually quite complicated because you've got all these phase outs and earned income credits with the income going up and down and then you can you got the child affected all these stuff with these kind of credits but still usually when your income gets higher your tax return gets more complex and you would at least then at that point want software to help you out these free file fillable forms doesn't give you the same interview process as the software does and or at that point you might want to do actual tax planning into the future that's when you want to hire an accountant possibly a cpa or something and you would want to hire one maybe not like an h&r block that's just like a one-time thing you might want to hire someone who can help you to plan as your income hopefully continues to grow at least keep it up with inflation right but any case mill tax online software mill tax online software is also available for members of the military and certain veterans i'm still up in the air or i don't know if the mill tax software is better than the free file software so meaning if your income is below 73,000 and you have the option of something like a a a proprietorial software that's competing on the market or the mill tax software which is done by the government the department of defense i would think that the market competing softwares would be better in general and have the capacity to deal with military related people as well who do have a lot of special needs that you want to make sure that because you got benefits related to it as in there but the mill tax so but i don't know i don't know if that's the case but the mill taxes of course designed specifically for the military although it's not competing on the market so i would think it would not be as as good competitively because you know there's they don't have that same kind of pressure but uh if your income's above the 73,000 you may still be able to get that free access to the mill tax as well this software is offered through the department of defense commercial software the software uses a question and answer format that makes doing taxes easier the return is signed electronically and transmitted through irs approved electronic channels the extension to file a tax return is not an extension to pay taxes to remember those two things are different remember your objective avoid penalties and interest the iris is up to their wielding sticks don't let them try to trick you here it's their wielding sticks and they're ready to hit you with them and there's two things that can hit you with one's going to be the filing penalty and once the payment penalty those two things are different they're two different sticks that they're going to hit you with so if you got an extension but you still owe them money they're still going to say that you owed us money before even though you're filing later and you didn't know how much money you owed because you hadn't filed the tax return yet but you still owe the money as of the date that they said you owed the money so you got to estimate the tax payments in order to avoid the sticks hitting you in the face of penalties and interest metaphorically speaking that is taxpayers owe taxes can review all payment options online there's a link to that here the irs has options for people who can't pay their taxes including applying for a payment plan so this i would think in the last couple years you might have a lot more people that are like man i can't pay my taxes maybe this is the first time that's happened and you might have people that then didn't file taxes which i think it would give some justification for the news we saw i think yesterday where they're trying to waive some of the late filing penalties where i thought was a little i don't know exactly why that came up because i think that's kind of incentivizing you know the people that didn't file and not giving a benefit to the people that complied i don't really get that so much but maybe that's the rationale behind it but uh you if you can't pay the taxes you still want to avoid the sticks of penalties and interest and the way you do that is you file you set up a payment plan with them and you'll still pay some penalties and interest but it'll be a lot lower and it's pretty easy to do you can do it online so you can go to irs.gov so here are some other things to know generally there's no penalty for not filing a return if do a refund but there's also no status of statute of limitations for assessing and collecting due taxes due if no return has been filed meaning when you file the tax return there's usually a statute of limitations then that the iris has to if you go past three years i believe it is the iris is limited to being able to come and audit you and but they could say that well if you had fraud or something like that then it could be longer than that if you're in if the if the thing was if the if you were off by a large amount then they have more time so in theory there's a statute of limitations so if you don't file then you don't have the statute of limitations and the iris could come and after you indefinitely which they probably could anyways but in theory they at least it's a little more difficult if they're past the statute of limitations so interest is charged on any tax not paid by the april due date and will accrue until paid in full penalties will accrue for each month tax remains unpaid until maxed out at 25 of the unpaid tax submitting the tax return and paying the amount owed as soon as possible can help taxpayers avoid further interest and penalties that's the stick that they call they call that stick penalties and interest more information can be found at the links below irs encourages taxpayers with october filing extensions and others who still need to file i do i need to file a tax return what to do if you haven't filed your tax return voice spot video there's a voice spot video who sounds like a some kind of hip song or something voice spot video i don't self-service options there's links to those stuff here and there'll be a link to this in the description


Good afternoon. Welcome back. It is my pleasure to chair this session and introduce to you the winner of this year's ESRB research prize in memory of Ieke Bandebu. As the conference program says, the prize is awarded annually to recognize outstanding research conducted by young scholars on topics related to the ESRB mission. The prize was established in year 2014 in memory of Ieke Bandebu, a member of the ESRB ASC, the first ASC, and also a member of parliament in the years in which the financial crisis started. We received a very good number of candidate papers that were assessed at the advisory scientific committee that I have the pleasure to chair. This year, as in previous years, we got a significant number of very good papers on very punctually addressing issues connected to systemic risk and macro-prudential policies. We discussed the shortlisted papers in one of our meetings and apart from the paper that has won the prize, there are other front-runners that will be invited in forthcoming weeks to submit their papers if still unpublished to the ESRB working paper series that the ASC is also editing. The ASC decided to award this year's prize to the paper, and this is a title that you don't have, so this is the surprise of my talk today, to the paper disentangling the effects of a banking crisis, evidence from German banks and counties. There is a paper of which Kylian Hoover, the winner, is a solo author and he's gonna present his paper in a few minutes. Kylian was a PhD student at the London School of Economics, I think, at the time of producing the paper, and was in the job market last fall as a result of which he's been recruited by a University of Chicago. He's currently a research fellow in macroeconomics at the Becker-Fiedmann Institute and later in 2019, he will join as an assistant professor of economics, the Booth School of Business. I don't want to spoil his presentations, any anything about the winning paper. I will make my own remarks about the winning paper after we heard his presentation, but I can say that the quality of the paper is being certified, not only by us, but also by its recent publication in the American economy review. So Kylian, congratulations and the floor is yours. Thank you very much. It's wonderful to be here. Thank you, Javier, to the whole ESRB, in particular Eva and Thomas, who did a great job inviting me and dealing with all my annoying questions, and thanks to all of you for being here today. So this paper is about a banking crisis in Germany. Now, I want to motivate this paper. I'll show you a picture of a very unhappy banker. All his investments are pointing downward, and as we're well aware, there's a huge systemic global banking crisis in 2008 and 2009. Now at the same time, there's a huge global recession, right? Starting in 2008 in most countries, we see here GDP in four advanced economies. I could have plotted this to many other advanced economies. GDP dropped sharply. Subsequently, there was some sense of recovery, but unlike most pre-war, post-war recessions actually, there was no catch up to trend, right? So if you look at the GDP here, it kind of grows on a parallel trend to the pre-crisis growth in many countries without any sign of convergence to the growth path it would have been on had it not been for the recession. So we see a large financial crisis. We see a large recession in many countries, and that's of course not unusual as many of you are aware. You know, banking crises and deep recessions often coincide. I've listed a few famous examples here. Probably the most famous and the most devastating in terms of economic output was the Great Depression in the late 1920s, 1930s, all over the world. We've got the Swedish and Finnish crises in the 1990s, Japan, the East Asian crisis all in the 1990s, and of course the recent recession. Now, an important question is what causes this coincidence? So is it that losses in the banking sector, that reductions in lending in the banking sector cause this type of growth pattern we see? So is there a causal effect running from banking crisis to recessions? That's an important question for a number of reasons. Now, first of all, you know, this whole conference in a sense is about systemic stability, ensuring the financial system works well. And what I'm going to try and do in this paper is to quantify how important, how valuable a stable banking system can be by estimating how large the losses, the real economic losses, are when the economy goes into a banking crisis. Of course, there's also other policy implications of this research. For example, if we know what causes the relationship between the banking sector and the real economy, we might be able to better target you know, the channels, the mechanisms through which banking crisis called perhaps caused real economic losses.  Is there like intrinsic value to bailing out banks? It's a very contentious issue in the public policy debate. Now, if banking crisis caused real crises, that's a pretty strong argument for trying to stabilize the banking sector once there's a crisis. And then of course, there's still this ongoing debate, which I alluded to just now, which is about why has the real economy not really converged and recovered so slowly after the global crisis? Has this got something to do with the persistent effect of the banking crisis? Are there perhaps just repeated shocks that keep hitting the real economy that have caused the slow recovery since 2008? Now, it's an important question, but it's also a very hard question. And the reason it's a hard question is that this banking system is extremely endogenous to the real economy. In particular, what we worry about when we're trying to estimate real effects of banking crisis is something we technically call reverse causality. Right, so it could be that there's a lot of other stuff going on in the real economy.  And as a result, we always observe banks doing poorly when the real economy is doing poorly. Now, the recent recession is a very good example of this because of course, we saw lots of things going on in the real economy, in particular a housing crisis in many countries. As a result, people who lost a lot of value on their houses had to cut spending, maybe that lecture recession, and maybe that only as an afterthought sort of affected banks. Of course, governments got into trouble all over the world, you know, especially in Europe, but even the US experience of rating down great, there was a lot of uncertainty. So it could be that all these factors actually cause real economic losses. And as a result, these losses cause a banking crisis. Now, what we want to do to overcome this problem is to run an experiment. OK, ideally, we randomly shock a few banks, deplete their capital stocks in various countries across time, and then we see what happens in these economies. Now, fortunately, we're not allowed to do that. Of course, we're not allowed to randomize, you know, huge welfare losses across countries. So we have to find the second best solution. The second best solution is cause the randomization, is what we call a natural experiment. So I'm going to identify natural experiment in this paper and use that experiment to try and cause the identify the effects of the banking crisis on the real economy. In particular, what I'm going to do is I'm going to focus on one large German bank called Commerzbank. Most of you are probably aware that Commerzbank suffered pretty large losses in the recent financial crisis. By the way, whenever I say Commerzbank here, I include Dresdener Bank, which Commerzbank acquired in 2009, so I'm just going to treat them together because both of them, you know, suffered from international investments in the crisis. Now, Commerzbank was in crisis starting in 2007. It was really hit hard in 2008, 2009. By 2011, there's evidence that Commerzbank stabilized again. Now, why am I focusing on Commerzbank? Well, the important aspect about Commerzbank's activities is that it lost a lot of money from international investments, but actually the firms that it was lending to in Germany looked pretty stable, okay? So for Commerzbank, there's strong evidence that firms that were reliant on Commerzbank's loan supply and other financial services would have grown at the same rate as firms dependent on other banks had it not been for the shock to Commerzbank, right? And that's a bit harder to show for other banks, and that's why I focus on Commerzbank here. I should also point out that I'm not on a vendetta against Commerzbank, right? This is a temporary shock against this bank, kind of a mix of unfortunate circumstances contributed to the losses. Commerzbank completely refocuses operations after the crisis. There's actually evidence that it's done much better and stabilized, so no one should go away from this presentation and say, oh, well, that's where you worry about Commerzbank and the firms it's lending to. This is kind of a temporary episode, right? So it's just a picture, a part of the evidence that I have to show you that the crisis was not really caused by what's happening on Commerzbank's real portfolio, but rather on investments in international financial markets. And on this picture, you can see that trading and investment in income essentially explains all of the losses in profit pre-tax of Commerzbank, where it's interest income, which, among other things, includes the income from lending to firms and customers. There's actually pretty stable and increasing and then slightly dropping after 2008. But it's hard to argue that the losses and profits come from the blue line rather than the green line. Here's Commerzbank's lending stock. It drops sharply compared to other banks in 2008, 2009. Interesting perhaps is to see that actually the German banking system is a hold it relatively well. So there are a lot of banks that actually increase lending in the crisis. You can see that in the blue line. It's actually slightly trending upward. Okay, so let me be more precise about what I mean by the natural experiment here. So German firms traditionally form close relationships to banks. They rely on these banks for financial services for a long time. There's a lot of soft information involved in the sense of the banker knows the entrepreneur, knows the guy running the firm and they trust each other and as a result, they start working together. There's also this very German word called Hausbanken, which literally translated means home banks.  Okay, I'm going to call these relationship banks in English. That's the best translation I could find. So some German firms have relationships to Commerzbank, pre-existing relationships before the crisis. Other firms don't. And the natural experiment is really that some firms are shocked without having caused anything that would make them receive fewer loans such as having lower credit worth. And as some firms are shocked, other firms are not because they're exposed to healthier banks in the crisis and that's the natural experiment. So I'm going to compare, first of all, firms located in the same region, in the same industry, of the same age, similar structure overall. I'm going to compare two firms, one of them borrowing from Commerzbank, the other not. Then I'm going to scale it up, look at the regional level and then I'm going to ask the question, well, what happens if you're not directly exposed to Commerzbank but you're in a region where many other guys around you are exposed to Commerzbank. So are there sort of regional spillover effects even if you're not directly affected? Before I show you the results, let me just give you one more piece of evidence. So there's a firm survey asked by the Ethel Institute in Munich and they asked banks, how do you evaluate the current willingness of your, sorry, ask firms, how do you evaluate the current willingness of banks to grant loans? Are you getting loans pretty easily or is it hard for you to get loans? Now, firms dependent on Commerzbank answer that their loan supply is more restrictive in 2009, 2010 compared to other firms. This is not true before or after the crisis. This is also not true when these firms are asked about product demand, are you struggling to sell products? So it looks like really there's a shock hitting these firms that comes through the banking sector but there's not other shocks in terms of lower demand for their products hitting these firms. And by the way, let me also add here again, the evidence from 2012 onward actually suggests that Commerzbank is expanding loan supply relative to other banks so that firms dependent on Commerzbank report having more generous loan supplies. Again, it looks like Commerzbank managed to turn things around a little bit after the crisis. Okay, three levels of results. I've just mentioned this. First of all, looking at the firm level. So that direct effects when you're directly borrowing from Commerzbank. Second of all, looking at the regional level, a region that's more exposed to Commerzbank on average. Does that region grow more slowly when Commerzbank cuts lending?  So this is the employment of firms dependent on Commerzbank between 2006 and 2012. You see that the firms dependent on Commerzbank grow at the same rate as firms not dependent on Commerzbank. Okay, so the red and the blue line kind of follow similar trends. And then there's the shock. In late 2008, Lehman goes down, the financial system implodes. As a result, these firms are struggling to get adequate financial services. And that's actually real effects. Like I said, they've reduced their employment growth. For about two years, you see the red line growing more slowly than the blue line. And thereafter, the lines are sort of on a parallel trend with not really any sign of convergence, right? Even though these firms now report in the survey that they're able to access bank loans more easily again, there's no evidence that this leads to a real recovery as well in terms of them catching up to the levels of unaffected firms. Think back to what I showed you in the second picture, which was about real GDP, right? The drop in the parallel trend. This is kind of similar. I think that's interesting. The causal effects of the banking crisis seem to resemble what the time series of GDP in different countries say about what happened after the financial crisis. Now, this was just the raw data. I do more sophisticated statistical analyses. I control for the region, the county that you're located in. I control for industry, for size, for firm age, for how dependent are you on exports? How many of your inputs do you get from imports? I compare the results to some customers of other banks that are in crisis, such as the London's Banking, which I've been heavily publicized and so on. But it generally remains true that firms dependent on commerce bank grow more slowly during the years of the crisis, and this is true for employment, as I showed you, but also for investment, and also for patenting. So long-term investment and innovation also seems to go down when you're hit by a temporary banking shock. Second set of results. Now, this is data on how dependent regions are on commerce bank. So what's the average share of bank relationships in a region, in a county or in German Kreis, of firms in that county as aggregated up from the firm level data? You can see the darker regions are more dependent on commerce bank. Quite noteworthy is that the eastern part of Germany is heavily dependent on commerce bank. K-private banks moved into the east relatively quickly after the wall came down. And also some western regions are more dependent on commerce bank, generally for historic reasons. Hamburg, Düsseldorf, Frankfurt, for example, which I've marked out here, they were temporary head offices of commerce bank after World War II, and commerce bank expanded quite strongly around these temporary head offices. So it was broken up by the allies for about 10 years. It had temporary head offices in these three cities. And I used this a little bit of technical speak now. I used a significant instrument for how dependent our regions on commerce bank sort of depends on their distance to want to see historic head offices. So I used both, just the raw difference across regions in commerce bank dependence. I always use this historic IV to get a sense of where does the variation come from in commerce bank dependence. Again, I control for lots of observables that you might think might affect regional growth during and after the crisis. So whether you're located in the east of Germany, what does your industrial structure look like? How dependent are firms in the regions and exports and imports? Is there a London spank that's struggling? How big is the county? How productive is the county? How indebted households in that county? All of that actually makes very little difference. The results generally look like this. If anything, growth of counties dependent on commerce bank is slightly higher up to 2008. And then the growth rate is lower during the years of the lending cut. And subsequently it's sort of a little bit lower, certainly not any higher. And what this implies in terms of the aggregate growth pattern of these counties is that it's very similar to the firm level growth patterns. So there's a decrease during the years of the lending cut and subsequently there's parallel growth again but no evidence of any convergence. Right, so we've established, right, so again, this is just making the point again, you know, there's persistent effects. There's no evidence of convergence of the lending cut. So we've established that there's effects directly on firms borrowing from commerce bank. There's effects on the region overall. And now I want to start the following thought experiment. Imagine you're running a firm. You're not directly exposed to commerce bank. Okay, you're borrowing from other banks. These banks are doing fine in the crisis.  Now, is that good for you or is that bad for you? Now, economists have written down many models about this, identified many potential channels. And in theory, it's completely ambiguous. So on the one hand, it's kind of good for you and other guys around you are struggling. Why is that?  You probably have to pay these workers a little bit less, right? The regional wage goes down. You can buy your inputs more cheaply. You can buy your workers more cheaply. And as a result, you can grow faster. So great, you just take over the market share of the guys that are struggling to get bank loans, struggling to grow because of that. Now, on the other hand, there might be negative effects. Okay, firms are firing their workers. Now, it could be that as a result, people are buying much less in the region, right? There's decrease in demand.   And that's bad for the fancy restaurants. And maybe some firms actually suffer because of a decrease in demand. A third reason, a third channel, a second reason for why firms might actually suffer is that there might be spillover effects. Okay, so it could be that there's some kind of spillover from some guy producing next to me. And there's been a lot written about this in the Silicon Valley, sort of the standard example about all the high-tech firms are running to Silicon Valley. Why? Well, maybe there's something about being where other good guys are that's making you more productive. Okay, it could be, for example, that Apple comes up with a great idea and that's really good for the firm next door because they can steal that idea or profit a little bit from the new technology. It could also be that Apple has a great new idea and now it needs lots of regional suppliers to provide that very particular charger for the iPod, right? And so the producers of that charger are very happy because there's now this input linkage, the input effect that makes firms more productive just by being located in one region. And so that type of spillover effect might be a reason that firms are actually suffering when other firms around them are doing poorly. So what I call these spillover effects, indirect effects, and the headline finding of the paper is firms with no direct relationship, Commerce Bank, but located in high-exposure regions grow more slowly on average. Okay, so it looks like the economic mechanisms are larger in the negative direction. In particular, I can split firms up, I can look at different kinds of firms. Okay, I can look at firms that are producing to sell in the region in particular. They're producing non-tradables, okay? It's hard to sell their products in other regions and so they're relying on local demand. These guys are doing very poorly when other firms in their region are hit by the lending cut. There's also some evidence that if you earn a high innovation sector and other firms around you that are also high innovators are hit by the lending cut, you also do more poorly, you grow more slowly, your employment growth more slowly between 2008 and 2012. Now the mechanism for that could be what I mentioned last, right? It could be some kind of innovation spillover, some input-output channels that are particularly important in high innovation industries that generate a negative effect, a negative indirect effect on other firms in the region. Okay, so this is kind of important when we think about systemic stability because it doesn't look like there's just one channel that leads from banking crisis to firms through a direct financial channel, but these effects spread out through the economy, okay? They filter through the economy through various economic mechanisms. And so far a few studies have looked at firm-level effects, okay, I'm borrowing from a healthy bank. What happens to me? That's gonna underestimate the effects of the regional level because there's these negative indirect spillover effects. So the systemic effects of a crisis at the regional level are larger than what would have been implied by just looking at the firm-level results. So let me just conclude, let me tell you, I had three sets of results. Firms grew more slowly when commerce bank cut lending and they recovered sluggishly after 2010. Regions grew more slowly, counties grew more slowly after the lending cut and they also recovered sluggishly. And in particular, between the direct firm-level and the regional results are these indirect spillovers which are negative. And so they exacerbate the effects of a banking crisis. The effects are worse than if we just look at the firm-level results. I'm thinking about broader picture. What does this mean for policy? Well, a banking crisis can affect lots of firms even if they're not directly exposed to unhealthy banks. This is interesting when we think about a debate that's been going after the Great Recession which says, well, a lot of firms are complaining about low demand, hence the initial shock to the economy must have been a demand shock. The results in my paper, you know, throw some doubt onto this reasoning because even if lots of firms are complaining about low demand, the initial shock could have been a supply site shock, could have been a financial shock. Also interesting when we look at, you know, the growth slowed down in the global economies. Secular stagnation has been a term that's been thrown around. You know, it could be that this is really the persistent effects of a really, really bad banking crisis, perhaps the worst banking crisis we've ever had in the last 100 years. So for policy, you know, if we wanna think about what do we do when the banking crisis happens? Don't just bail out the banks and leave it there. Think about what else you can do. Can we stimulate demand? Can we stimulate innovation to try and get rid of these indirect effects and get rid of these persistent effects? Thank you very much for your attention. Thank you very much, Kilian. I think your very clear presentation was demonstration of the value of the research that we were awarding through this prize. As I said before when presenting you, I didn't want to spoil the contents of the paper by advancing the reasons why we thought this was a winning paper. Let me now elaborate briefly on how the results of the paper qualify for a very good paper and also for a paper relevant to the ESRB. So this paper, as Kilian has shown, documents the effects of weakening of banks' capital position in the case of commerce banks due to, as argued, other assets than loans, other assets than local loans, German loans, but assets possibly localized outside Germany, on the domestic lending of that bank to the firms to which it was connected. Of course there is literature already saying about the effects of a capital shock on the lending that banks get directly involved in. What makes this paper most novel is the fact that it also documents indirect effects on other firms' place located in the same county. The paper shows that local indirect effects are stronger for firms that operate, produce, non-tradable goods, which suggests the importance of local demand, externalities. So this is by commerce bank not lending as much to the firms dependent on it in the counties that are analyzed.  Therefore, you find these fall in their activity, in their employment, and also you find these local indirect effects to highly innovative firms. The effects are large on impact, and moreover they are persistent as you also document. And the paper offers evidence that the persistency comes from the damage to firms' productivity. You were very modest, you were actually following the directions offering a non-technical presentation, so lots of good empirical results without regression tables. But in the paper, you check that the effects operate through a productivity growth of firms with a high patenting activity in the past in those counties that get affected by the credit crunch. And overall, actually, and I think this is my inside knowledge from Kylian's experience in the job market, this made your job market profile attractive not only to finance people, which is a most standard crowd at least in my own environment, but also to macro people. It's looking beyond finance, and actually, this is why macro proof is so special, exactly in that interface. Methodologically, the paper sustains its results on the state-of-the-art identification strategies. Identification is key. We could find correlations which are totally spurious, and so little on the true causal connection. And you work on the direct effects, but as I said before, on the indirect effects, talking about demand externalities and agglomeration externalities, which makes really your paper have a clear space in the literature. From a macro-prudential perspective, the paper saw several channels through which macro-prudential policy is important for the real economy. So eventually, we are talking about the real economy. Insofar as macro proof can prevent situations in which banks suffer big losses, we will be preventing the real effects that this paper documents. The paper is also important, I think, in the direction of helping calibrate how important is things that we do in the macro-prudential area. So directly or perhaps indirectly, the quantitative results of the paper are saying on the importance of latent parameters for the calibration of macro-prudential policies. So how difficult it is for banks in the short run to replace capital, which is lost due to asset losses, with, say, capital raising the markets, with the consequence being that a shock like the ones suffered during the global financial crisis implied a decline in bank loan supply. You saw clearly this impact. And then you also saw the lack of substitutability of the supply of credit provided by commerce bank, at least for the firms whose employment suffers due to it, which is another channel we take into account when thinking that credit cycles might be bad for social well-being. It's not just that credit by banks can be replaced easily by other credit, at least not in the context of the recent crisis. And finally, you illustrate about externality. So the effects are not only for the affected firms, the effects are also for other firms in the same counties. You don't have data or you haven't explored the household angle, but I guess if commerce bank was also involved in lending to German households, you will have similar demand effects operating possibly through household credit. So, okay, with this in mind, we have a few minutes for questions from the floor. If you have, I guess Kilian will be pleased to answer or elaborate. If not, let me close the session. We have a spanded coffee break by formally awarding the price. It's a virtual price so far to Kilian. Please join me in applauding him for his presentation. Congratulations.


Hi, I'm Tori Clark and I'm a post-doctoral researcher at the Australian National University and in my work I study how plants grow and specifically photosynthesis and I'm really interested in ways that we can optimise photosynthesis to make it more efficient and produce high yielding plants to feed the world. So I'm going to talk a little bit about how plants grow from cells that specialise and multiply and how those cells come together to form different structures within the plant. And so from cells we move into different tissue types and there are three main tissue types in plants and tissue types are a group of cells that form a specific function together and have a specific structure. And so if we can start with the epidermis tissue type. And so this is really similar to the skin that we have on our body. It forms the outermost layer of the plant and its function is really about protecting the internal structures of the plant. And a lot of that is about regulating the amount of water that can move across the plant surface and also gas exchange. And the epidermis of plants in structures like leaves has pores that let some water and gas exchange and they're called stomata. But the epidermis extends across all the different organs of the plant. So the plant is made up of lots of different organs and you can think of these as like the functional units of the plant. And so I've mentioned leaves already as an organ of the plant but we also have things like root structures. The root structure isn't a plant organ. And even things like the reproductive structures can be classified as organs. So things like flowers or fruit that get produced from them. And so the outermost layer of a lot of these organs is the epidermis. And then within that there's a second layer of tissue which is called the ground tissue. And so if we use the leaf organ as an example the ground tissue in a leaf is called parankyma that's the cell type. And these cells function in doing really the most important part of a plant's growth which is photosynthesis. So these parankyma cells in the ground tissue are packed full of chloroplasts. And you can see from the way they're orientated within the leaf that there's a lot of air space around them to allow gas exchange so that carbon dioxide can then get converted into the sugars. So the third tissue type within plants is the vascular tissue. And this is quite similar in its function to the vascular system in people. And so in our bodies we have a heart that pumps blood through our arteries and veins. But in the plant there's no pump system. And it's not circular like it would be in an animal. The vascular system in a plant is quite linear. And so most of the movement is sort of from one end of the plant to the other end. And there's two types of vascular tissue in plants. And you can think of these like pipes that are sort of carrying things around the plant. And the first type of vascular tissue is called xylem. And this is what carries water around the plant. And the water usually moves from the roots where the water is collected and it moves up through the stem of the plant and into the leaves where it's transpired. And the other type of vascular tissue in plants is called phloem. And this moves sugars and other organic compounds around the plant. And usually the direction of this is from the leaves which are producing the sugars through photosynthesis and moving those sugars down the stem and into the roots where they can be stored. And so really with these three tissue types what we get is different things coming together structurally. And the structure of these different types of tissues actually allows the function of the plants. And so the different organs within the plants or the leaf or the root or the flowers have different arrangements of how these three different tissue types come together. And that's to do with the function, the differing function of those different organs. And so what's really key here is that the structure of the different components, the individual cells coming together to make different tissue types really drives the function of what those parts of the plants do.


The study aimed to estimate the prevalence of arterial hypertension and obesity in Brazilian adolescents, as well as the population-attributable fraction of hypertension that is due to obesity. Data from participants in the Brazilian study of cardiovascular risks in adolescents, Erika, was evaluated, which included 73,399 students aged 14.7 years on average. The prevalence of hypertension was found to be 9.6 percent, with the lowest being in the north and northeast regions and the highest in the south region. The prevalence of obesity was 8.4 percent, which was lower in the north region and higher in the south region. Obese adolescents had a higher prevalence of hypertension than overweight or utrophic adolescents. The study found that the fraction of hypertension attributable to obesity was 17.8 percent. Overall, the study highlights the importance of controlling obesity in reducing the prevalence of hypertension among Brazilian adolescents. This article was authored by Katia Virgeti-Bloch, Carlos Enrique Klein, Moises Sklo, and others. We are article.tv, links in the description below.


Good morning. I'm in Seattle now, right? Are you in Seattle, Harvey? Oh, me. Oh, no. I'm still here in Boston. Ah. Okay. We have to head to the airport early today because Mike Pence is also arriving in Logan. Great. We're about to leave, so we want to avoid that mess. Ah, that's fair. Exciting. I don't know that we even have that much of agenda today. We have Ed for talking about VPP. I guess we'll talk about the data plane API stuff. Was there anything else that anyone wanted to, oh, I guess someone just put the quote partner page up for discussion. Is that you, Chris? Yeah. You're going to talk about that? Yeah. You know, I'll give people an update and kind of fix it. I'm updating a PR right now, so. Great. Thank you for handling that. Hey. Cool. Yeah. Yeah. It's up to you, Ed. If you want to start. Happy to kick off. Yeah. I think they might as well just get going. So go for it. Cool. So I come to talk to you guys, I think back in November and we've talked to periodically from time to time since about the work to integrate the VPP user space host stack so that it's something that can be used from envoy. You know, as a host stack, it scales unbelievably. It uses very, very few resources.  Including coming soon doing TLS offload to hardware where available. So there's some definite advantages to that thing available. Plus the fact that we're more than happy to do whatever interesting thing you'd like done in your host stack relatively on relatively fast journeys. So what I was wanting to update you guys on is a couple of things. Number one is we do actually have it working now. It is ugly as sin as you would expect for the just getting it working stage. And so we're hoping to be able to push what I would call sort of a conversational PR in the next couple of weeks that essentially sort of say, okay, this works. There are some modularity points in the core that we kind of needed to make it work. Here are the plugin that we built to take advantage of this modularity points to for VPP to be useful. And there's not directly an expectation that this would be something that would be merged as a PR. We want to get something out there so we can gather her feedback from folks and get a sense of, okay, what seemed like good ideas. What don't seem like good ideas. What might be better ideas that they were a little bit different. Those sorts of things. So I wanted to sort of let you guys know. We're hoping to be pushing a PR in the next couple of weeks will probably be in a position to discuss that PR at the next envoy meeting. So just wanted to first let you guys know that was coming. Do you guys have any questions so far on that? Yeah, that's great. My main ask is that when you push the PR, if it's in the PR description or if there's just like a short Google doc or something, just if you could make sure that you kind of give like a little outline of what was done and why. I think that would make reviewing it a lot easier. Yes. And just one other comment for people on the call. There's been some private email threads. There's a parallel effort going on with the folks who are working on psyllium. So that's the EPPF kind of also kernel offload type type stuff. You probably can speak to it more in terms of what what it is and how it's different than than than yours. But I just wanted to say briefly that there is some overlap in terms of kind of what the what the psyllium folks will want to do. And I think what the EPP folks will end up wanting to do. So I'm just wanting to make sure that when we discuss these extension points that we get kind of both both camps together so that we don't do this one modularity point only to realize that it doesn't work for psyllium. Yeah, yeah. And you know that that's actually the point there as you know, there's been some private discussion. I've emailed back and forth of it with Thomas graph. And I think the position as I understand it was they sort of wanted to see what we were doing and then we get this from there. And that's fine. And there will there seems likely to be overlap. I would be shocked if it were complete overlap in terms of needs. Yeah, that's fine. Different approaches. Yeah. I mean, it's not like it doesn't have to be 100%. I just I would also be shocked if there's your percent overlap. So it would. I would.  So I just want to make sure that they're, they're discussing kind of this initial PR just to make sure that everyone's on the same page. Yeah. No, I would love that. That as I said, I see it primarily as a conversational PR. I would be kind of shocked if it didn't change quite a lit quite a bit going forward from what's initially pushed. I mean, I would be happy, but really, really surprised. So, and then the other thing I wanted to do over on the topic is I wanted to interview Steve Wallace, who's also on the call. He's the guy who's actually doing that work and will be able to say a couple of words, Dave. Sure. So, so I've been working with keep keep burns on this pretty much since we started the envoy integration. I've worked on VPP since 2013, which is a couple of years before we open sourced it. I'm a committer on the VPP project and the CCID project, which is the continuous system integration test infrastructure. And so, and my networking background, so runs back 30 years roughly. Cool. Welcome. Cool. I think that's it for me. I appreciate the couple of minutes just to let people know what's coming and the guidance on how to make it easier to, to sort of review. Yeah. No, this is a super looking forward to this. You want to talk really briefly Harvey about the, the data plane API stuff. So I'm sure most people who are on the call are probably familiar with what we're doing right now, but just a heads up for those who aren't, you know, as we discussed, I think on the last call, we want to reduce the friction when making changes to APIs and docs and which relate to a specific change right now. There's usually a three commit dance that's necessary to actually happen to actually making these changes. So what we're going to do is we're going to actually merge data plane API with the main envoy repo. We'll still maintain a separate to data plane API repo, which will be a read only mirror of the API relevant portions of the main non void repo. And that's all going to happen at the beginning of next week. At the end of day on Friday, we're going to stop merging things from data plane API. And we're also going to sort of close out any open PRs at that time. And it'll be the authors are sort of responsibility for recreating these back in the main envoy repo. This is unfortunately a bit of an additional overhead that folks will be exposed to, but it's probably the most efficient way of making this happen in a distributed way. And hopefully come Monday, once we've made this migration, everything continues to work as is folks who have dependencies and data plane API should still keep working. And there will be a just difference developer flow, which we'll document and send out. So to avoid that summary out. Awesome. This is super exciting. Okay. Cool. Chris, you want to do partner page? Yeah. So I'm sure some of you have saw the PR from, I think it was turbine labs, Jordan. So in CNCF, we allow projects basically to have a page that lists people who use the project or have commercial offerings. We kind of have guidelines in place for this. I'm taking a stab at reworking the PR. To ensure it works with our guidelines. I'm basically going to lump it under our community page in Envoy and put it under there and say, here are interesting products and projects built on Envoy. And it'll be in alphabetical order. That's it. I'm doing the work myself to kind of collect projects and logos, but once the PR is done, it'll be free for people to add whatever they want there. Cool. Yeah. We should maybe talk offline because there's a, there's a bunch of people that I ended up emailing about that. And I'm not, I'm not really sure like who is engaged in. Okay. Yep. We had a conversation, but my goal is to have like a handful of them there and then we could send an email to Envoy dev or users and say, Hey, PRs are welcome. Perfect. Great. Did you add the Google summer of code thing too? Yes. Sorry. So Google is going to give a slot soon for summer of code. And my only ask when the Envoy team is, please let me know your favorite proposal. Out of all of them. Do you think that we're going to, because I think we only got two proposals. Maybe like, do you think we're only going to get one slot? Is that what it looks like? I just don't know how many slots Google will give me. So if for our insiders at Google, please tell them to give CNCF all the slots and then we could potentially have two, two projects for Envoy. I think our PDs carry a little white there. Let me talk to Harvey offline because I think we have two proposals. So I think if we had to choose one, we'll just have to go off and pick which one. I just keep that in mind if we're kind of forced in that situation. Okay. Cool. I don't have anything else. Is there anything else that anyone out there want to chat about? Cool. Sounds like we can call it early. All right. Have a good day, everyone. Bye. Yeah. Thanks. Have a great week.


People say you shouldn't sell your time for money, but it's not realistic. Actually, at the beginning, you do sell your time for money. Bill Gates started as a teenager. He was selling his time for money rebuilding the payroll system for his school. Where did you start? I started on a farm.  If you split the money, we do a business together. I did manual labor for a couple years. Everybody hustles at the beginning doing that kind of thing, and then over time, hopefully, you grow out of that.


We literally have 18 cases of pop Dedicated I'm back today with another do-it-ass video huge shout out to everybody tuned in if you are to scrub Make sure you spend that scrub and give me a thumbs up and do not skip those ads today It's St. Patrick's Day, and we about to get to this bag. Guess what? We already got three orders, baby order number one. We about to get it done McDonald's 3.8 miles 675 Let's drop or the number two what it do Einstein bros one item 1.7 miles for five seventy five Let's drop order number three get with me, baby. And you guys can see you know where we at, baby We had more more baby. We got one order 29 items 5.6 miles for $10.  We had Oh Order number four. We trying to get to this dough. Let's go all the way sparked up one order 6.9 miles for 1252 what it do order number five stand live Let's drive Walmart to order 70 items 2.6 miles for 1450 get with me Just like that. We are here to drop off order number one. Let's get it done, baby We got to get busy get this money on this stand Order number two what it do baby. You're gonna have to put all this stuff on this side because What that door is it's like the opposite way break right here The first one the first time gave us 1025 and this one has way more grocery. So we want to see Hopefully they don't Do me right because most most of the time the people who get the most stuff Hit the least I think we should get paid more There's already 1025 it was 1450 I don't know.  Anyway, guess what we got 2150 get waiting for those tour That's cool. Hey, I'm gonna say this we did get a couple We did get our first all the way sparked up or that was gonna be order number two What to do it was a bogus order, man with 5.6 miles two orders for $12.68 and what I was going to apartment and it was on the second floor They got a pocket for that usually we get to grocery orders from all the way sparked up It usually be like 20 some dollars. I don't know what's going on. They need to get to it This this will but we might go get all the way sparked up right now pick up the Sam's Club order But this one is not great. He's only like three or four items, but it's funny for 1268 to So hopefully we get a tip after that and I will say this yesterday yesterday Um, I didn't already sparked up order to that business I shouldn't have done that order for the most part me personally. This is my thing I think for the most part that When you go deliver an order to a biz they're not gonna tip you that's what they didn't really know I was coming they need we know none about what when I asked the ladies We know none about what I was really talking about so that's that means for the most part You're not gonna tip you because you're not delivering toward a person directly You're delivering to a business Which unless it's a small business owner is there and maybe you get a tip But for the most part, I think you're gonna get a tip So I'm give you guys a tip on that one, baby But if you want to scrub make you smash that scrub But give me a thumbs up do not skip those ads and we about to get to this bag. Let's go Thank you very much. Hopefully we see you again some We're here to drop up order number one. Let's get it. Well, it's not what a number one It's always sparked up water, baby. We got some lot of Ford and charcoal They got some bleach the bleach wife so let me go grab that Somebody knock the doorbell down Please knock on door head them with that photo, but you're already know smack Let's go order number six. We bought to get in the mix, baby Myers 58 items for 1782 what it do. I know it's only 1782 But guess what most of these are drinks and also Don't forget. This is only base pay because this is shit, baby We're about to get busy and I hope y'all with me. Let's get it So guys, we just came out of Myers and actually it wasn't that bad You wouldn't know why was that bad because we didn't have to scan all these items We all we had to do was show the dude and then he got us every he got we just had to bag it. That's it look We literally have 18 cases of pop And some and some power rain. We got busy, baby. It only took us like how long you think it took us Probably 20 minutes 20 minutes to make 17. That's the base pay though So hopefully we get some more tips. I'll let you guys know if we get that tip We're trying to get to this money. Let's go. Maybe we are here to draw up these 18 cases of pop with the food Get busy hopefully tip us man, cuz we did a lot of it's a lot of cases of pop What's your favorite soda with the yellow I love the long bird I ain't having a long time. Don't eat bread like that, but I need to have some so And I want that photo already know the doorbell Order number seven thank God for his blessings. We get money when he's stressing baby Walmart eight items 3.3 miles for 675 Let's drive. Here's all this Walmart order, baby Order eight and nine we only grind to the end of time or number eight is pop belly six items 2.3 miles for 675 Let's drive order number nine is Taco Bell 15 items 1.3 miles for 675. Let's drive. Let's drive baby. Let's go Here's baby home Depot. This is a delivery gone. Hello. How you doing sir? Oh, you're Mike. How you doing Mike? You're right on time You welcome you have a great one got us together. Look like they got a couple guys. How you doing sir? Pick up for Adeline are Yes, sir, I'm gonna ask y'all a question. What is your favorite cookie? I like oatmeal ready. Thank you very much. You have a great one, sir Order number 10. We try to get it in guess what hopefully this has a hidden tip on it I don't know if you do. I don't know if it don't but either way go We're about to try to get this dough because guess what I want to tell you guys this All the way sparked up. I don't know what's going on with you guys But you guys have been out of pocket all day. They be giving us some terrible orders guys I'm talking about very low payouts two orders for $12 and and doing them eight orders for $20 and it's been pretty bad, baby So I don't know what's going on. We're always sparked up But please get it together baby because he was doing good man. That's how it always start They come out doing good and next thing you know, they switch it up on you Either way go you better get to this door order number two about to get it in Two orders new to the company Panera brand five items 5.6 miles for $9. We a holla change your plan Sam we switching it up, baby We had those two orders. There's a two different stores Panera brand and new to the company new to the company is a little further down the road But now we got two japonese orders five dollars 4.8 miles for $11 more payout And it's the same story. There's two orders though. Hopefully we get some more dough. Let's go We are here to drop off order number one. Let's get it done, baby I think I'm supposed to go over here Hello, I have a delivery for Christy Smuta Thank you very much. You have a great one Delivery for Kimberly. Yes. Yes, ma'am. Here you go. Thank you very much. I got you a drink too Oh, I'm gonna slip that man. Thank you. You have a good one order number 11 Thank God for his blessings chick filet baby three items 3.2 miles for 675. Let's drive Hello, I have a delivery for Laura Okay, thank you I have a delivery for Laura Yeah Okay You got me walking around all the way. I didn't even know you guys had upstairs up here I was lost. You're welcome. There you go You're welcome. You have a good one Order number 12 is time to prevail McAllister deli's is two orders 32 items 8.6 miles for 14 25. Let's drive Let's get my belly, baby I think they got us together. They should have us together. I see those big bags up there So hopefully these big bags get us a big bag, you know, come on Susan Yes, sir Susan and Sharon Okay, Susan Five bags. Okay. Sharon eight Sharon eight. Yes, sir. This is Sharon. This is Sharon Sharon Right here Susan has five. Okay, so she gets one Two This is the thumb right here Bang bang All right, I appreciate you boss This money, baby. You're here to drop off order number one. Let's get it done. Yeah, who's doing a lot Hello, you want me to leave it right here for Sharon Thank you. It smells good in here, too They're trying to make it so it only know All right, you have a great one I'm here to drop off this McAllister deli to get him my belly, baby. It's supposed to meet us at the lobby Hello, are you Susan? You want him to give You sure? Okay, it's like five bags, so You sure you don't want me to take it because it's not it's going to be pretty hard for three more bags right here Okay, no problem. I can wait for you if you want to go in there take it and then I would You just come back out I'll be the big one first Thank you very much. You're welcome. You have a great day Order number 13. We hot light score team tropical smoothie 1.6 miles for six dollars. We are holla Order number 14 into 15. We're trying to get this green order number 14 is a one more instant pick up It's a bit a long time, baby Four orders eight items 18 miles for 25 hours. We're holla. We know we're gonna switch that up I'll let you guys know how much it's gonna be when we get busy, baby Order number 15 is starbucks 2.3 miles for 732 what it do Hello, I have to live for craig. Oh Yeah, yeah Here in wall to make it. He hopes they got us together Let me see if this is a good car. I always seem to get bogus cars every time I come in warmer I get a bogus car We ain't got time to wait we're trying to get this cake hitting with that photo. You already know the smack We got order number two. What do they have there? They grass is beautiful already I can only imagine how it looks in the summertime hitting with that photo, but you already know Well, we go forward number three, baby. We getting busy.   Thank you for your service, sir. Hey, thank you I can give you this one. This one's kind of heavy. So I'll just You got it. I got it. All right. Thank you guys. Have a good one Last one. Let's get it done, baby. Wendy's four items 2.5 miles for 675. We already here, baby We getting ready. Yeah We at Wendy's about to get these pennies. Let's go We are here to drop this last one, baby. Let's get it done So they hasn't been that bad You know, we only got one all the way sparked up water back with the photo other than that has been pretty good. Let's go And just like that, baby, it's over with it's the end of the video We got 204 91 and it is only 222 room 222 It's only 222 right now and we got it done, baby I know it's not 12 o'clock right. We've been doing previously for the last few videos or so But guess what it's better than we what we used to do You know, so you got to always congratulate yourself on what the things you used to do and what you're doing better Now you got to look at the bro. Look at the growth. Don't forget about the times how it was before Don't forget about when you was eating noodles and noodles Now you get to go out to restaurant. Don't forget about when you was in cereal theater And now you get to eat.  We got it done I hope you guys enjoyed the video make sure you lock in tomorrow because it's going back down We ain't playing around 2022 is back season, baby. I'll see you guys on next one We going we going we flowing you already know in the dk and i'm on my way


Hi everyone, it's Gabrielle with Oxmer Auto Group. So today I am here at the healing place. I'm here with Keenan. Now I am very honored to be here on behalf of Oxmer Toyota with our Toyota match program. So as you can see, we have this very large check to give you guys for the amount of 2,500. Now Toyota is matching this for a grand total of $5,000 for your charity. So we're very, very, very excited to be able to do this for you all. Well, and we are so grateful from the healing place. At the healing place it costs about $30 a day for our client to be here. So this check is gonna go so far and we are so grateful for Oxmer Auto Group. So thank you guys again for coming down and giving us this. Of course, thank you. All right Keenan, so can you tell us a little bit about what the healing place is? Sure. So the healing place at our mission here is to help individuals that are suffering from alcohol and drug abuse. And we do that by serving nearly 1,000 clients on a daily basis down here. We do that all at no cost to the client. So you're at our men's campus right now and we have a women's campus and then a campus in Campbellsville. So clients can come in and we don't ask very many questions just if they're ready to change. And we'll get you a bed and they stay with us for six to nine months here. And they're learning the tools to lead productive lives and get back into society free of drugs and alcohol. We serve about 19,000 meals a week down here. And that's between all three of our campuses, but we do that and we rely on support from individuals in the community to help us as well. But this program is amazing. We have so many people that their lives have been saved by the healing place. So we're so grateful for individuals in the community that help us and that come down here and support us. Like I said, we're a peer-driven program. So when somebody comes in off the streets, you know, they don't think they can give up drugs and alcohol. Then they see somebody that they might have known from the street or somebody about the same as them that they've completed the program and that gives them the motivation to stay in the program and to complete our program. And we're gonna provide them when they're down here, we provide them with food, clothing, shelter and that's all at six to nine months and that's depending on the person. And we do that all at no cost to the clients. Again, so you can come in from the street and we're not gonna charge anything for our clients to be down here. It's an amazing, amazing program. And I have worked here for quite a few years and I love this program. But also I came through this program and I know that this program works.  I'm so thankful for this program. So you see miracles every day down here which is the most amazing part about this place.  So that's why we love it down here, yeah. That's awesome. Now with COVID-19, has that hindered you all in any way? Well, of course COVID-19 has affected everybody, everywhere and I'm so proud of our facility for the steps that we have taken during COVID-19. So when all of this started, we put in place with our operations team cleaning certain protocols, but we stayed open the entire time. Even to our overnight shelter, we still had our overnight guests in here. And we just were taking temperatures, doing everything we needed to do with our clients and we monitor our clients closely. But we've been very fortunate down here with COVID. So everything is pretty much still in place. We still clean. We'll make sure that everybody's staying safe and we'll continue to do that. And we'll continue to stay open. I know a lot of other places have really felt the effects and not been able to stay open because of COVID, but we're very fortunate down here. That's really good that you all were still able to do all that. It is, yeah, thank goodness. I know we have almost a thousand men and women out on the streets and we'd be overloading the community with that if we had closed down because of COVID. So it's important that we stay open. Definitely, yeah. Now, lastly, if anyone wants to get involved with you guys, how can they do that? Is there anything that you all need right now? Well, of course COVID hit everybody hard financially. So monetary donations are huge for us right now. We're really relying on monetary donations to get us through this. If you're interested in donating to the Healing Place, you can go to thehealingplacedat.org slash donate. And if you're interested in doing something other besides monetary donations, we're always in need of towels and wash cloth, deodorant, soap supplies for our men and women in detox. Winter is coming, so they're gonna need stuff to keep them warm while they're walking every day. We're also in need of shoes. So, but towels, wash cloth, oh, and twin size fitted sheets for all of our beds. This campus has 426 beds. Our women's campus has 250 beds and our Campbellsville campus has 100 beds. So you can imagine all those beds that we need to have sheets for. Yeah, anything like that, if you wanna donate down here, we would be very grateful for that. And they can just deliver it here? Yeah, they can deliver it to our campus here and we also have a campus on Hill Street. It's 15th and Hill and that's our women's campus. Yes, yeah. Thank you so much. Thank you guys. Yeah, thank you for coming down. Thank you for having us. All right, so great. Can you tell us a little bit about how this program has helped you? Yeah, so I ended up homeless in Fayette County. In January and I'm a chronic IV drug user of heroin and methamphetamine. So my family and friends were exasperated with me and they had heard of the Heal-In-Place Health People. So they brought me here on January 7th.  I had nothing when I got here. I've been clean ever since I got here. I finished the program. I currently work with other people in the program to help them do the same thing. And everything that I have came from this place. The outfit that I'm wearing today, right down to my shoes and everything, came out of our clothing closet, right? So it just gave me a new opportunity to live a different way and it gave me time to change and I couldn't have done it anywhere else. Incredible. I'm so glad I'm so happy for you. Thank you.


to the executive producer, the actor, man. So what made you want to- Direct him. And write him. Right on it.  What made you want to stab me to that game, though? After my first film, I took a passion into directing. I just took a passion into it. I like to do it, like, you know it.  You keep going and I get better and better. And that's what it's about. You know, I got a passion for it. It's like, when I first started rapping, you know, like, you know, like, I could be- You got the same energy when you first started rapping with the movies, so that's- Like with movies, I got a passion for it. And I'm going to be successful with it, you know. BoostyMovie.com. Yes, sir. That's the black Netflix.  Where is MJ? And after these two weeks, I got my lawyers coming together.   Come on, let's go. Who won't? And Moosey said that, man. BoostyMovie.com. Uh-huh. We finna have all the hood movies to talk about. So you gotta start like a production company or something. Yeah, I got badass films right now, so, you know, I just, you bring me a movie and we do a split and I put it on my platform.