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Episode 503 - Chinese AI Ban and What Cost of Living Crisis?

Topics:

US Midterms, Wealth Taxes, China’s AI Companion Ban, and Questioning Australia’s ‘Cost of Living Crisis’

Trevor (“the Iron Fist”) hosts episode 503 (9 Nov 2026) solo, discussing the US midterms and how cost-of-living perceptions can drive a revolving-door politics, noting California’s failed Proposition 40 one-time 5% tax on billionaires and the election of senator Abdul El-Sayed amid Israel-lobby-related backlash. He mentions elections in Israel, Brazil (including Lula’s retort to Flavio Bolsonaro), and China’s county and township People’s Congress elections with over one billion voters, and explains US gerrymandering’s origins. On economic policy, he highlights Saul Eslake’s proposal to vary compulsory super contributions as an inflation-control alternative to interest-rate rises. He critiques a BBC report framing China’s ban on AI companions that induce emotional reliance, cites Pew data showing generally rising Global South favorability toward China, condemns antisemitism envoy Jillian Segal’s proposals, and praises Greens leader David Shoebridge’s Senate performances while quoting Alan Austin’s statistics disputing Australian cost-of-living crisis narratives. He closes by criticizing Russell Brand and Ed Sheeran’s stance on Macklemore.

00:00 Welcome and Agenda

01:06 US Midterms and Cost of Living

03:17 Wealth Tax and Primary Drama

06:02 Global Elections Roundup

08:53 Gerrymandering Explained

10:32 Super as Rate Alternative

17:08 BBC China AI Panic

22:12 China Trust Poll Numbers

25:27 Antisemitism Envoy Controversy

30:06 Alan Austin Debunks Crisis

38:02 Is Australia Really Struggling

50:24 Russell Brand Gets Called Out

56:10 Ed Sheeran Macklemore Fallout

58:34 Wrap Up and Sign Off

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About the Podcast

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The Iron Fist and the Velvet Glove
News, political events, culture, ethics and the transformations taking place in our society.

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dave slatyer $200
general thanks especially tiananmen episode , plenty to reconsider and the Episode 440 - Venezuela's Election
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