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The David McWilliams Podcast
The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and com...
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58. Is AI About to Crash the Global Economy?
40:37||Season 2026, Ep. 58History says yes. We rewind to 1873, when a stock market wobble in Vienna triggered a global railway crash that took down banks, empires and 80% of world lending in a matter of months, and ask whether we're staring straight at a rerun. AI spending is now bigger than the entire US defence budget, the same handful of companies are quietly funding each other in a circle, and China is quietly open-sourcing the whole thing to undercut Silicon Valley. If it pops, it'll pop between now and October.
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57. Mbappé vs Le Pen: The Battle for France
42:37||Season 2026, Ep. 57On this 14th of July, as Les Bleus face Spain in the semi-final, France is heading into a political crisis that could reshape Europe because where France goes, Europe usually follows. We dig into why Marine Le Pen is now the favourite for the presidency, why the French football team has become her loudest critic, and, with France on the brink, why a World Cup win might yet influence politics in a way that few sporting achievements have ever done before.
56. England V Norway: A Tale of Two Oil Discoveries?
41:22||Season 2026, Ep. 56Norway turned North Sea oil into $2 trillion in the bank. Britain turned it into tax cuts, unemployment cheques and a housing bubble. We unpack the tale of two oil finds, why one country nailed it and the other blew it, and what it says about how nations really make, and lose, their fortunes.
55. Alexander Hamilton: How a Caribbean Orphan Built America
38:22||Season 2026, Ep. 55250 years on, we ask the question: would America even exist without Alexander Hamilton? We tell the story of the French-speaking outsider who created the dollar, faced down the states, and set the world's biggest economy in motion, before being murdered in one of history's strangest duels.
54. Ireland's Silent Sell Off and the Employee Ownership Solution
31:41||Season 2026, Ep. 54Every day that the Irish Financial Service Centre is open, they're selling an Irish business into foreign ownership. Since 2018, overseas acquirers have spent over €100 billion buying up Irish companies. I'm joined by Alan Coleman to look at why this is happening. We look at employee ownership trusts as a solution already working in the UK and Canada, the tax barriers holding it back in Ireland, and the surprising historical Irish precedent for the idea.
53. The Death of the American Dream
32:53||Season 2026, Ep. 53SpaceX just IPO'd, surged, and torched billions of small investors. It's the new American economy. From prediction markets to crypto to day-trading teens, we look at how the US quietly turned itself into the world's biggest casino, and why young Americans are gambling because they've given up on working.
52. The Man Who Broke the Global Economy
41:45||Season 2026, Ep. 52Alan Greenspan just died at 100, and he might be the most consequential person of the last 30 years that nobody talks about. We unpack the wild story of the jazz clarinettist turned Fed chairman, the Ayn Rand cult he came from, the "Greenspan Put" that quietly rigged Wall Street, and why his fingerprints are all over Ireland's 2008 crash. Plus a strange historical twist: was Alan Greenspan related to the Jewish teenager whose shooting triggered Kristallnacht?