Friday morning news drop
Why Jerome Powell Pivoted on Inflation A surge in wages and benefits got his attention. Other data soon confirmed his concern. (Upshot)
The history of the metal box that’s wrecking the supply chain: Shipping containers, explained by a historian. Behold the simple shipping container. It’s a large, steel box that can carry tens of thousands of pounds of cargo. It’s also stackable and designed to fit on ocean freight ships, trains, and even trucks. These containers have been an unnoticed cog in the world’s highly complex manufacturing network for decades. But not anymore. (Vox)
It’s beginning to look a lot more expensive for Christmas The holidays feel more expensive this year because they are. This year’s holiday season will likely feel more normal than last. It’s also going to be more expensive, essentially across the board. In the United States and in many parts of the world, inflation is running higher now than it has in recent decades thanks, in part, to supply-demand mismatches, supply chain kinks, and a generally weird economic moment. (Vox)
Inflation in the Housing Market And we haven’t even considered the fact that rising inflation makes your fixed monthly payment lower over time. Just look at the debt profile of homeowners in the United States: You could argue the homeowner has never had it better than they’ve had it this past cycle. (A Wealth of Common Sense)
Six Rules For Avoiding Market Panic Attacks Pity the investor without a panic plan. Delete becoming chum for the hysterical shark-infested financial media. What should you do? How about turning to West Point for some practical solutions? Nate Zinsser runs the performance psychology program at our most prestigious military academy. Cadets face immense stress grinding through the four-year program. Zinsser’s tips are indespinsable. (A Teachable Moment)
How the Chinese trade deal led to the Great Awokening: Twenty years on, who are the big winners from globalization? (Wrong Side of History)
The NFL Is a COVID Superspreader Right Now There are currently more than 70 active players on the NFL’s COVID-19 list. (Vice)
Videos of the Week
We gotta give respect to Mark Suciu for crushing SOTY this year. From his Spitfire part to the epic Flora rail montage he deserved it all. One of the most amazing performances in skate history was laid down this year and filled with NBD’s… all praise to Mark Suciu. Dude killed it this year. RIP!
Vans BMX Presents: Acea | BMX | VANS Vans BMX Presents: Acea, a new film from Dennis Enarson capturing a snapshot of his life over the past year, including the birth of his first son for whom the project is named. Coming off the success and momentum of Right Here, Dennis filmed Acea with lifelong friend and acclaimed filmmaker Tony Ennis—an athlete-filmer duo highly anticipated by the BMX community. The result is mind-blowing maneuvers and stunts that only Dennis can pull off, and a part that rivals everything Dennis has done up until now.
CHAD KERLEY - LOCKDOWN
Demolition Parts Presents: Kris Fox Pendulum Between lockdowns and news of melanoma Kris Fox decided to hit the road with the Fast and Loose crew. West coast to east coast and all the deep concrete in the middle fills this part to the brim. Enjoy the deep roast.
Building a WILD Freeride MTB Line | Darren Berrecloth on Vancouver Island Watch freeride MTB legend, Darren Berrecloth, fuse his creative building and unique riding in this stunning new edit shot by Rupert Walker.
For years, mountain bike films have led to mind-blowing one-off stunts for film features tucked out of the way in British Columbia's forests. Most of these iconic structures are now dilapidated and reclaimed by nature. Darren Berrecloth has built his fair share, but for this new backyard edit, he’s created a series of inspired features along the trails he regularly rides and incorporated them into the flow with his signature riding style.
"I've been wanting to do a shred edit on the trails above my house for quite some time," says Darren. "And I was super stoked to get this opportunity to get out there with Rupert [Walker] and create some unique features and go back to my roots; my blend of BMX and mountain bike, and incorporate that into trail bike riding."
Hailing from Parksville, BC, Canada, Darren Berrecloth has been widely regarded as one of the best freeride mountain bikers in the world, ever since he exploded onto the scene with a third at the 2002 Red Bull Rampage. With a wide range of podium finishes and magazine covers under his belt, Berrecloth is showing no sign of slowing down.
A hard-working athlete who puts lots of effort into building unique bike features, Berrecloth’s dedication to the sport is unmatched in the industry. Known for taking lines that other riders don’t even consider, his success, sheer guts and determination have seen him become something of a legendary figure – even more so since breaking his back in 2011 and returning to competitive riding for 2012.
LATE FOR SCHOOL 2 / Gabriel Wibmer
JENKEM - Ground Glass: Mark Suciu Videographer James Thomson spent a couple of days with Mark filming this 16mm edit for our “Ground Glass” series that ditches the one-upmanship and stair counting, and focuses back on just some of the bits that make Mark special. Don’t think of this as yet another part of his “SOTY run,” but rather as a victory lap, and a showing of our appreciation for one of the best skaters of our generation.
Trey Wood's "Madness" Part
Ryan Decenzo's "1990" Part Still stacking on gold-standard hammer spots like Hollywood High and Rincon, Ryan’s skating knows no chill.