$100 Million on the Line: Americans Betting Big on the Presidential Election
RIGHT ABOUT NOW
$100 Million on the Line: Americans Betting Big on the Presidential Election

SUMMARY
In this lively podcast episode, Ryan Alford joins co-hosts Chris Hansen and Brianna Hall to dive into a wide array of engaging topics. They kick off with personal holiday stories, reminiscing about Christmas traditions, festive decor, and memorable moments. Shifting gears, the trio explores innovative marketing strategies, analyzing Mountain Dew’s recent rebranding and Goldfish crackers' creative limited-edition releases. The conversation then tackles the evolving landscape of college sports, highlighting the financial possibilities now available to athletes under the new NIL regulations. They also discuss political betting on the Robinhood app, diving into recent controversies around financial platforms and offering listeners valuable insights on trends shaping business, sports, and marketing today.

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SUMMARY

In this lively podcast episode, Ryan Alford joins co-hosts Chris Hansen and Brianna Hall to dive into a wide array of engaging topics. They kick off with personal holiday stories, reminiscing about Christmas traditions, festive decor, and memorable moments. Shifting gears, the trio explores innovative marketing strategies, analyzing Mountain Dew’s recent rebranding and Goldfish crackers' creative limited-edition releases. The conversation then tackles the evolving landscape of college sports, highlighting the financial possibilities now available to athletes under the new NIL regulations. They also discuss political betting on the Robinhood app, diving into recent controversies around financial platforms and offering listeners valuable insights on trends shaping business, sports, and marketing today.

TAKEAWAYS

  • Discussion on the upcoming election and its implications.
  • Holiday preparations and traditions, including Christmas decorations.
  • Marketing strategies and rebranding efforts of companies like Mountain Dew and Goldfish.
  • The impact of Name, Image, Likeness (NIL) regulations on college athletes and sports marketing.
  • The commercialization of college sports and its effects on education.
  • The emergence of betting on political outcomes, particularly through platforms like Robinhood.
  • Analysis of current betting odds for political candidates and their potential influences.
  • The role of media appearances in shaping public opinion during elections.
  • The complexities of modern banking and technology, highlighted by JPMorgan Chase's recent lawsuit.
  • The importance of critical evaluation of information from media outlets in today's society.

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This is right about now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. Taking the BS out of business for over six years and over 400 episodes. You ready to start snapping necks and caching checks? Well, it starts right about now. What's up guys, welcome to right about now. So weekly business news of the week here on November 1st, 2024, one week to election day. I think our three days to election day, what is it? How whatever it is, it can't happen soon enough. Here is we enter November. There's all kind of sayings for November guys. I know there's like multiple. No shave, November. No shave, November. There's another one. Let's see the other one. I don't really want to say. I don't really want to partake it. If it's what I think it is, but nonetheless, Chris, what's up brother? What's up bro? How you doing? I'm good, man. Hopping for one to the next and having my tasty kombucha. Here this morning, the Saugers said no way I'm drinking kombucha. Tasty. It's tasty, yeah. Brianna, what's up? I am doing great. I just read with the other November challenges and I'm not saying it out loud. You didn't know what Chris and Aaron are talking about. I had no idea. I was like, what is it? I don't even want to say it. I don't want to partake, you know? You guys can Google it. It's a new challenge for your husband, Brianna. Nope. Let's just say it's triple ins. That's very cano. Yeah, triple ins. Is that right? Am I doing my... Yes, yes, I know. Yeah, yeah, we're doing the same thing. So we're going to be like the anti-propelling. In your home, right about now, when everybody else goes left, we go right. We don't recommend the N&N challenge. Yeah, nah, not an election year. Oh, here we are, in November. It's got two months left. My wife is already starting to decorate for holidays, for like Christmas. She's a decoration for Christmas before Thanksgiving, she's one of those. Gosh, no. December 1st, is it? I can't take it much longer than one month. Yeah, it's a thing, but she likes to get it done. I can't fault her for the fact that she's actually kind of getting it over with and to enjoy it longer, because it's a lot of work. I mean, there's a lot of... With all the shit we have, like seven Christmas trees. Seven? Like some of them, the miniature, like, you know, five-foot kind. But two or three of the big daddy's, it's a thing. I was telling the team this morning that we have a house Christmas tree, and then we have a to-go Christmas tree. Because for the last three years, we've done Airbnb for Christmas, so we have to go somewhere. So take the to-go tree to the Airbnb and set it up, but then we also have, like, our main 30-day Christmas tree. My dad developed a concept. My dad's a creative guy. He's like a master carpenter or a general contractor. And he developed a concept that was kind of like a roll-up tree that went flat against the wall. Like, it was tall. It was like trying to like the tree and it had decoration on it, but it kind of rolled out on the wall. Yeah, it had lights on or whatever. It turned on the back so the kid flat on the back could be flush. He was like... He made those for the corners, too. That's awesome. He's like, this is a billion-dollar idea, but I know executions, everything, and he never. But I thought, I kind of laughed it when I was a kid because he's had this for like 30 years. And but now, I don't know if that's a bad idea. Yeah, I like that idea. For like single people, especially easy, or just, yeah, you roll it out, baby. We are, like, go cut down your Christmas tree in the National Forest family. I don't know. I've been trying to figure out where in South Carolina, where do you get that? Rival style. Yeah, because in California, we have the Tahoe National Forest. It's like 10 bucks, get a permit online, and you go out and you cut down the tree. Look at us, demonstrate the Christmas here. Nicole will be proud. We skip right over Thanksgiving and Black Friday and all that stuff when it's straight to it. But, you know, I think it's anything to not talk about elections and everything else, so we'll see. We purposefully have a very limited amount of presidential coverage on the news today. I know. I barely have enough energy to talk about it, but you know why I do have energy? Because before, I got this healthy kombucha. I had my ex exponent powers the podcast. Yeah, that's the way you have energy. You look, it's been a long election year. Look, long season. This is the reason for the season is exponent. That's what I'm talking about. Anyway, they are the official energy drink provider. They get us through the holidays. They get us through these episodes where we get tired of talking about, you know, to candidates battling each other out here. And one of these is going to get the belt. We're not going to send this one, but one of them is. But who gets the belt every time is exponent. The official energy drink I write about now and Ryan offered keeping me pumped up. I had six before the show. I'm ready. I'm kidding. Don't drink six. I did have a couple. And I'm good to go. We appreciate exponent. One of our newest sponsors here, powering right about now and keeping yours truly eyes wide open. Thanks to them. Go check them out. Exponent in a drink exponent on Instagram. Drinks drink exponent dot com. That's EXP. But they got the big ex ex marks the spot for energy. Appreciate them. I got right to it. Yeah, speaking of drinks. We have on the docket for the news today. Mountain Dew doing a rebrand. And I dropped a little image there for you guys to check it out. So they're rebrand in 2009. And what we heard was that it kind of was a little bit childish and kind of aimed at like your kids' age group, that demographic. And so they're trying to kind of do a little like vintage thing here with the 2025 rebrand. It's got the word mountain. It was abbreviated before. Now the whole words back. It's the old logo chains for a iconic brand. I can see them in the boardroom. All right, sales are slumping a little bit. I was thinking about you know, an influencer campaign. No, let's redo the logo. Magic. There it is. I do like, hey, go back to your roots. Go back to the, I still like do the do. You know, that was the tagline back in the day. And the previous logo is kind of like that Batman, like Shattered Bam. Yeah. Now it's like back to the glowing for the mountains. I like it. I think it's a vibe. I think it's cool. It's just reminds me of Irish Spring. Yeah. I was going to say it feels familiar. Yeah. And I don't know why that's like jumping at me for some reason, but that should be a mashup, a brand mashup. Do the do while you're doing the do like watching. Do the do and I'll end with our soap. Hey, that's pretty good. I was actually from Chris. I think I know you had it in you. Can you talk the whole episode that way? I can try, but it would be a struggle. Yeah, so Irish Spring's old packaging looked very similar, but they have since also rebranded. And I guess soap sales are slum in it too. Yeah, yeah. I will say of all the sodas being an energy drink guy, being an expoded energy drink guy, you know, like I got to feel something. Of all the sodas that I actually feel like I feel the caffeine, Mountain Dews, one of them. You drink like three diet Mountain Dews. Pretty good. I drink a Mountain Dew and I feel like when I'm drinking it, it's like that bright color. You know it's all artificial. Makes me feel like I'm going to get the teenage mutant Ninja Turtles or something. Neon. What's so funny? Is it all a number five? Yeah. Oh boy. And look, that's so funny. They're going back to the mountains, which, you know, it kind of instills this natural, like whatever. Is there a more, is there a more sort of artificial flavor? Yeah, I'm like, did they switch to cane sugar and not corn syrup with the rebrand? Yeah. I'm thinking people are cutting down because of health reasons and not the branding. Yeah, yeah. The mountains, not full with anybody. Maybe that Mountain Dew Zero, I don't know, but do the do. And I do think that I can't help but think that like traditional sodas hurting a little bit with the fighting against sugar and everything. I think that's why Coke Zero. Coke Cola is made and they're fitted. Booc is on Coke Zero everywhere. If you see, I can't remember actually the last time I saw a Coke original commercial versus a zero Coke Zero commercial. I see a lot of it. It is because it's fun. You say this in the package room this morning. The younger guy is probably 25. He was talking about, oh yeah, I quit drinking regular soda. I used to trash tie it soda. And I only drink diet because I'm trying to be healthier. And I'm like, all right. I don't drink so much. That's you. I just can't put that sentence together. I'm trying to be healthier so I switch to diet soda. Like maybe switch to iced tea. Baby steps. I'm not really a soda drinker. I'm a lacroy girl through and through. I can't. I got to have a little sweetness in my, like the coin doesn't have it. It's just fizzy water with a flavor. I don't have water. It's naturally. I'll tell you what, Elemente that the electrolyte drinks, they just came out with a canned sparkling electrolyte drink. That's kind of been a good little soda replacement for me. There you go. To try it. I replaced my soda with soda and go, the Coke Zero, I posted that. We talked about a good cherry Coke Zero. I don't really. You replaced your soda with an energy drink. Yeah, that's true. That's true. Or kombucha. My name is this. I would rather. The real Ryan just tell everyone it's a bud lane. Having a bud lane. It's fizzing. It's not bud-like. I swear. It's not on the question that it could be, but it is not today. We did just refill the cake. Yeah, that's not it though. If I'm going to drink my calories, I'm going to drink them in a craft beer or glass wine. Yeah, I agree. That's why I went to Zero. Zero has zero calories. I know it's on. I know the chemicals in our own healthy. I've cut back. I don't need the lesson. However, if you're going to drink a soda, I can't help but think that zero is better than none. Then a sugar went up. Like they both have the chemicals that are nasty, but at least one doesn't have 180 calories and four tablespoons or like what a polished sugar this high or something. Yeah. So there's no reason to drink exponent. They got zero. No adaptions. No, are they have adaptions? But no bad stuff. I'm staring at the can. They're getting bonus. You know, I love these guys. They're getting bonus because it fits in. Play up powered. Yes. They got none of the bad stuff. All the good stuff. Those things are amazing. I've been drinking one in the afternoon and I feel like I have gotten so much more productive like end of day two to four p.m. Crank and stuff out. I'm just getting this perfect to not bother a lawyer. Yes. I got a thumbs up. Here we got perfect synergy here on the set and I don't want to disturb the cheat or saw your. So I agree. So enough exponent. We love them. You know it. Go check them out. But here's Neil. Brands do this shit all the time and they think all right, the logo change. And it gets it a fresh little pop. It gives you some news. It's got more PR play. I don't think they're going to fool anybody into thinking this is truly natural mountain do. But you know, I do like the Chris's comparison to our spring. That'd be a good brand mashup of sorts. And in addition, we have one more marketing news coming to you guys today. And that is Goldfish crackers has done a limited edition where they release it's the same. The same cracker Goldfish as you know, and love them, but they are called Chilean sea bass. And it says their whole marketing campaign is adult sounding name same Goldfish taste. So it's not actually flavored Chilean sea bass. It's just called Chilean sea bass and they are sold out. They sold out like immediately. That's you can't even get them anymore. I mean, people will collect anything. I was that's what I was going to say. I'm going to send some collectors or something. Yeah. And then it's like, I mean, you're going to have that bag of crackers that go stale like. The taste just like a regular. It's like 30 years ago when these came out. Then it's going to be on that show where they eat stuff. You know, on YouTube, like the eats stuff that's like 50 years old or something they open it up to see if it's any good. It's pretty, my kids watch that. I'm lots of it. It's pretty fascinating. They got like one of those cake. You remember those old cake makers that you make baked, they'll bake a little. They have these. Easy bake like an easy bake oven. Easy bake oven. Yes. They were making one from like 1960. Yeah, I didn't go over well. I had an easy bake oven. Easy bake. I'm sure you did. I did. Well, a little baker. My very first job was being a baker's apprentice when I was 16. Did you wake him bake? It's a child. I sleep the fifth. Yeah, that was quick. Chilean sea bass crackers. Look, this is another good PR play. I like it. I like it. From marketing perspective, it's hard to get attention. You know, it's today's world. This is a nice little attention play. I have no idea where they came up with Chilean sea bass. I was trying to get the playoff like the name. And I don't think there is one. It's just it sounds very fancy. Next, they're going to have like a escargot. escargot crackers. I love that it's just like cheddar flavor. Like the same one, same one. You've always gotten labeled Chilean. I also, but it was kind of like they actually tried to make the flavor. Because there's been a lot of that too. These funky flavors of different things. But oh well. Do you want to take us into basketball? Oh, sure. You didn't even want to set it up. I mean, I do, but I'm a little nervous. I my basketball. I'm not up to my basketball speed. Oh, yeah. Gatorade signing a new deal with Duke's basketball star Cooper flag. Yep. He's one of the highest rated recruits coming into this season. Play for Duke shocker, the good get better. And so he's signing in all deal with with Gatorade. All these guys are signing deals. He's projected to be the overall first pick of the draft straight out of college. So they all have to play one year. And you know, with the new NIL deals, these players can get paid for their name, image and likeness and it not be used to be sort of against the rules. They've finally come around like that. I think they did. I still think it's the Wild Wild West a little bit. They don't have the regulations around it that they need to. It used to be you knew like the $500 hand shakes were happening behind the scenes. And so that's gone, which is good. It's now in front of the scenes. But you've got guys signing these huge deals before they even get to the pros. And I think people should look, feel the profit on your own name and image. I mean, that's pretty much what influencer marketing is. But at the same time, there's this slippery slope, where you've got different players on the team, getting paid difference amount, different deals. It can cause some turmoil sometimes between teams or has the potential to do that. I don't know that that's been proven yet. I do think an offensive lineman understands the quarterback, like it caused football might get a bigger deal, just like they do in the pros and how rare their talent is. But I think you're seeing more and more of these deals even take place before these athletes make it to college. So because I can tell you this. Before they make it out of college. Yeah. I mean, I have the outline of a book called Raising a Brand. Because literally, there's a strategy to this. And I don't know if any of our kids will be pro athletes. Nash are young. This probably has the most potential just based on athleticism at his age. And I've already bought. I own every one of their own Instagram handles. All their own you are. I did this probably four years ago. Like nashoffer.com. Hudson offer.com. Hudson at Hudson offered on Instagram on TikTok. I got owned all I have all their user names and their URLs already. Because you know, planning ahead. Not only because for, for, you know, athlete, you know, athletics, but for just personal brand sake to own these things. Because you never know when they get taken. That's an asset that you should look into for your children ahead of time. I thought about that. So for yourself too, I didn't do that in college. I had to build a website on my name. Like a domain, like a personal brand site. Yep. Well, there's 20 million Brianna Halls. There's only one true Chris Hanson. And he's not on date line. You just did that one. I'm the new one. Yeah, he's the newest one. He's not chasing the, uh, I do. Predator's like probably twice a month. Someone's like, oh, Chris Hanson. J line NBC. Yeah. Yeah, bro. It's my uncle. Yeah. But Cooper flag that it's a pretty, uh, recognizable and memorable name. But you'll be hearing a lot more of it. Good player. Very, uh, rangey, I would say. It's kind of like one of the six eight kids that's. Shoots runs. And jumps well, that's all well, dribbles well, like not just like a big guy. And not just a guard. So that's why he's likely a first round draft pick. And it, I'm sure this is a seven figure deal already. So there's real money being far around with NIL. And I think of it really back to just, it's just, it's influencer deals. But they have their influences driven by their athletic ability and the eyeballs because Cooper flag is on Duke's team. And think about the, like, housing just do get shown on television. And how often does he get shown on television? So how many impressions is that for his awareness? Because that's the way you think about these deals is, no, he's not going to have Gatorade logo on his, not yet, on his Duke jersey. But the more known he is, the richer this deal is for Gatorade. And so that's the way you have to think about it. And that's the way, you know, they sign these deals thinking about, okay, if a player is going to New Mexico state or they're going to Ohio state, who do you think is getting the bigger deal? Ohio state, bigger name, more impressions on television, more, more known. And so the player combined with the school and then the personalities. And this is where, you know, like parents out there listening are like, you know, your kids are, it's not about just being showy, but being approachable to brands, being willing to do content and do things, like being open to this stuff. Because it's not natural. I mean, you think about even doing podcasts and people, it takes getting from the camera and doing those kind of things. The faster that you can get comfortable with that, the bigger your deals will be. Because there's guys that get bigger deals that might have a little less falling. They have huge personality. They have a true following and not just sort of, oh, I'm falling him because he's, you know, a good player, but because of his personality and things like that. So things to think about, things that these brands think about when they sign the deals. And this guy's just at the top of the class, something that's, I don't know what his personality is, but he's got it, he's just going to be out there so much. They're tying to it early because he ends up first round traffic. You know, he'll have a pro deal and everything else. It is interesting, I think, that it's good for these players to benefit from all of their hard work before they have to, you know, to wait until they become a pro. Because I think that's kind of what's happened in the past, right? They've almost been penalized for not yet being at that level. And then if they do get injured or, you know, their career gets cut short, they never got to benefit from it the way that they should have. Other than the free $300,000 scholarship that they get, but, you know, that's sort of, I mean, that's the one thing that's sort of getting lost in all this is, and I agree with you, by the way, and the scholarship isn't in comparison to million dollar deals, so I get it. But at the same time, we're kind of losing the core of this, which is why you typically did it, which was to get the education, but now it's coming pretty much pro sports and pre-pro sports colleges. We don't have to hide about it anymore. Just is what it is. Yeah, college is a really interesting topic. We won't go down that rabbit hole, but the landscape is changing a lot. Yes, it is. Well, we thought this was interesting this morning on the radical team. We discovered that Robin Hood, the app, you can now bet on who, which candidate you think will win the US presidential election. So we put this, this is our only election coverage, but we just thought it was interesting that now you can play some monetary bet on who you think is going to win. I'm out. I thought they'd had this stuff out there. They'd have the, I think, polymarket. You could do it in Vegas, but Robin Hood's rolled it out on the app. Okay. Nice. So 60. So it's essentially 63% chance, Trump win 38%. I mean, I already in that data, right? Yeah. At least according to how they're doing it. I wonder if that's just purely, if that's based on sentiment or polling, or if that's just based on the bets being made. I think it's based on the bets being made on the app, but I'm not certain. All right. Let's see. I mean, I'll, I kind of want to take Kamala for 38 cent, even though I, I've been very vocal about who I want to win you I voted for, but that seems like it could be like good money. Like if it's spread there. Yeah, good spread. If it's as close as they say it is, that's, that's a good bet to make. Now, I tend to think it might be going the other way and hope that it is, but just saying if you, because look, like that's what happens. People vote, you don't know bet gamble with your heart. Yeah, you gamble with your head. That's what happens to like football. Oh, yeah, I love that team. They're definitely going to win by that much. You're just totally going all heart and not like logic. So I don't know. Is it really turning that heavy to Trump in your mind, Chris? I don't know, man. I don't know what to believe. Yeah. Because I, you know, if you based on social media, it's like, well, is the algorithm just showing me certain things. I do feel in the last week, I have seen more criticism of her, even I feel from the media. Yeah. So I could see, and that, and let's be real, you still have a lot of people heavily swayed by the media. So I could see, you know, that, but again, I don't really know what to believe. If you go to a media outlet that's pro Kamala, and it will make you think that she's absolutely winning. Like they're not showing, I go to a site that I, that I felt used to be pretty down the road. It might even have leaned Republican 10 years ago, but drug report. And God, it is so left now that I came barely even read it. I just go there sort of to, you know, at least get the other side. And they do have, when I get past the election stuff, some of the other articles are pretty interesting. But God, they would have you believe that, you know, Trump's loss is mine, not going to win. And everybody's bailing. But it's like that, but then like you said, Chris, if I'm on social media, and I know it's the algorithm and stuff like that, everything else, and the, and the more middle of the road media seems to be sort of throwing a little more darts at her. Yeah. So it's, it's hell knows what to believe. Well, and then you got like Trump on Joe Rogan. Obviously, that's huge. And I read this warning that her campaign said they would only do it if he went to them in an hour maximum length. Yeah. So he said they're not going to do it. I mean, yeah, it's a podcast, but do Joe Rogan podcasts is huge. And a lot of people follow him heavily. So I would be surprised if that also could have swayed some folks or, you know, and I think it's fair to say you probably have a lot of people that listen to Rogan that aren't Trump people a little bit more free thinking. So maybe you had some, some of the listeners getting a different side of him that they're not exactly exposed to if they're used to just watching the mainstream media. Yeah. I think if this was any other candidate on the right, it would be at a landslide victory. For sure. For what for for for the economy and inflation and all that stuff, that would bury her. Like and like Christina or Tulsi got her female would make it really interesting if there was a female Republican. I think the only reason it might be, and I still think it might end up being a landslide. It comparatively, you know, like what's a landslide in an election, you're always going to have it fairly even because there's a lot of Democrats or never going to vote Republican. But it, I still think it might be a landslide, but it got it would be a earthquake landslide. If his name was a Trump. So this is super interesting in regards to this, the bed, it says more than a hundred million dollars has been legally wagered on the presidential race days out from election day. Betters will bet on anything man. That's all that's it. My buddy's that gamble, they will gamble on anything. Yeah. They probably saw this this morning and immediately jumped on Robin Hood in place. But I'm not going to lie. I was tempted. But Robin Hood doesn't have a great reputation after the whole game stop. Yeah. You know, when they shut down trading and all that. So you could win your bet, but you might not get your money out with Robin Hood's reputation. So this is interesting. So according to NPR's planet money of the 15 presidential elections between 1884 and 1940, the betting market has correctly called the race in 11 of the 15. I like those eyes. Yeah. So what is the betting market? Is it Robin Hood? Well, this is, this is the money market. Yeah. So there's call she. There's a couple of Robin Hood and call she are the two big two big ones. I got my six shooter and my bed in. All right. We'll see what happens. A couple of weeks ago, we had talked about the TikTok chase bank glitch that was trending on TikTok. And when now it's coming full circle as JP Morgan Chase starts suing the customers who's allegedly stole funds in the ATM glitch scam that went viral. Yeah. Our YouTube video. And if you get time to plug the YouTube channel, we got one of the fastest growing business podcast YouTube channels. Get over there and check that out right about now to search that on YouTube. But that was one of our biggest videos go figure. A couple of thousand views. And it was all about this. And we either fueled more of it or got people to stop and not share it. Sure. But go figure. You're going to get sued if you steal. Oh, man. Yeah. Right and bad checks. Yeah. Shocker. Shocker. They go after you. It does. I was really surprised that two of the people that are getting sued are businesses in Florida that participated. Yeah. That caught my eye too. Yeah. Well, take much to open a business. I'm handing you know, like, yeah, they probably formed a LLC and just road blank checks just to. Yeah. Did you get some scam? I would imagine these people probably will no longer be able to banquate chase. Yeah. Well, they'll probably be in prison. This one person says chase alleges that Amanda posited a $335,000 counterfeit check resulting in a $290,000 debt after multiple withdrawals. So how is he going to pay that back? I'm going to need a lawyer. Yeah. I just can't believe that I get it because I think I've seen this with my bank. You know, once you banked with them for a while, they'll credit you before the check. So I get it in a few grand three or four grand five grand something. But the fact that they allowed this on the $335,000 check or even down further than article to $240,000 checks, it's like, it's like that. Chase is falling to that point. Yeah. You're going to suffer. It allows that. Yeah. Yeah. Banker in your favor, not really, but still. Chase is suing to get the funds returned. Yes. Wild. Also, how did you have that much money out of the ATM? I thought the ATM had like a limit. It does. Well, they're probably walking in getting the tele to give them. Then rush the ATM. They might have doing like going to different ATMs, $1,000 a day or something for a week. Maybe they're breaking off the bank teller code too. You know, it runs deep. Speaking of deep deep in the TikTok industry, TikTok's founder has now become China's richest man. I am not going to attempt to pronounce his name, but he is the co-founder of Bite Dance. And he has now become China's wealthiest person with a net worth of $49.3 billion. Is that Yang or Zang? I mean, I don't have to see in the age to become a Y. I don't know why I think that. I think I might be making that up. But Zang, you mean? You know, it's not that. That's too easy. But we'll find out his rich dude in China and the owner of Bite Dance co-founder of Bite Dance. Excuse me. Go figure. $49.3 billion with a nearly 50 percent increase year-to-year year. He's doing some good investing there. Doubling up. Doubling up in a year, essentially, 43 percent increase. And if he sells, if they've forced the U.S. ever felt forces them to sell, make a lot of a lot of those bees. It's worth quite a bit. Is he limited to what he could spend it on and being in China, communist China? And he had to share how much that was. He had to give the government a year. I just want to know. Could they take his funds at any moment? I mean, that's kind of a question. Is it really, are you really a billionaire if you're in China? And it's in Chinese bank accounts? I don't know if you want to be on that list in China. I don't know either. The government's definitely in your pocket. It says that being a billionaire in China can be challenging. A bet. You think when a communist country might can just decide they want to take your money? And you can't criticize the Chinese government if you do have money because you will face political backlash. It says quite a few billionaires have left China and an additional 15,000 high net worth individuals are expected to leave China. Let's just say if I was in China and I had that kind of money. I'd be all shoring that. However you can do it and planning my exit. So just saying. Well, for us normal people in America who are not billionaires, billionaires, sounds like job openings fell to 7.4 million the lowest since January of 2021, indicating a slow down in the labor market, especially in healthcare and government sectors. I don't know why in those sectors, but it's not surprising that we've been hiring a few positions and I feel like the candidates are a bit better. I mean, I don't know. That's correlated at all, but I do think it's a different job market than it was a couple years ago. It just feels different when response rates, things like that. The people that seem to be in the market, just my observation is a small business owner, but it's not totally surprising and I feel like some of the, it's like all the other economic metrics had to catch up to the job market at some point, right? So I think there's some of that as well. Yep, totally. Well, hopefully everything after, let's see, today is November 1st. We have three more days. I think we will see some changes in the economy based on the outcome of November 4th. Yeah, it will be interesting. I mean, it's going to be surface level, just sort of, I don't know, temperament reactions because no president getting elected on the 4th, no one they don't take office till next year. And so it's all sort of become speculation. So emotional, emotional speculation. I could see Bitcoin, if Trump gets elected, going, oh, yeah. And then kind of going back down. Yeah. So the stock market probably as well, getting a good pomp and then it'll kind of chill out. Yeah. So I think a lot of those metrics, if Trump not, and this is just, it's not because I'm voting for Trump, but, but like, because he's new, I know he's already been president, but because it's a new candidate, new party coming in, which always brings sort of what, what everyone sort of sentiment is, it's like new energy, new things, whether true or untrue, ultimately, no matter what the policy, it's sort of that sentiment more than anything. It's sentiment's powerful in the market. Well, and I was having this conversation recently with somebody is, so we've been in four years of the current administration. If Kamala gets elected, we have four years of Kamala, which essentially is the same administration. And then she could get reelected so we could have three, four year terms of the same sentiment. Oh, did I fall into my mic? I was just thinking about what you were saying. Yeah. All business owners everywhere are. Yeah. Yeah. Yeah. 12 more years. Four more eight more years. Just one more decade, you guys. I just can't take the, I don't know. It's, look, I've said this a lot of times, the president's going to get in my way of, you know, pushing forward. That's the great thing about America. But I just don't know if I can handle the, some of the, and look, I get it on the other side, people say the same thing. Everybody has different strokes for different folks, but I'd like to keep my business taxes down. It's good for everybody. You know, oh, I think that's it for today. We appreciate everybody out there. Chris, do you find our words? Appreciate you guys listening. Like and subscribe. Yes. Brianna. Go vote. Go vote. Get out and vote, folks. It's your right as American. Do it. proud to be an American more than anything. Go to Ryanasright.com, find the highlight clips, links to all the clips, links to our sponsors. We, this is what makes this happen. Hey, that's what happens. We got these sponsors. They help us put the content together. Support us. We support you. It all goes hand in hand. Hey, don't forget we're all Americans. Take care of one of them and one another no matter what you do. See you next time. All right about now. This has been right about now with Ryan Alford, a Radcast Network production. Visit Ryanasright.com for full audio and video versions of the show. Order one choir about sponsorship opportunities. Thanks for listening.