The David McWilliams Podcast
On St Patricks Day, a US State of the Nation special with Bernie Sanders
Season 2023, Ep. 21
On St Patrick's Day we go to the US, home to thirty five million Irish/Americans - there are only 7 million of us on the island. In the country that, more than any other, has been shaped by Irish immigrants, we take the pulse of the US with Brooklyn's finest, Bernie Sanders. We chat about the deep problems that exist in the US, but also the way America can be renewed. Don't miss this one and Happy Paddies Day wherever you are. Plus we've got some brilliant new Irish music for you too.
44. Why more interest rate hikes are coming and Irish census revelations35:38We start in America, breaking down the impact of the debt ceiling deal & why more bank fallouts are likely on the way before moving to the Irish census to talk about what we can learn from this amazing “day in the life” view of the Irish population
43. Follow the money32:51All criminal enterprises are enterprises, meaning they are businesses…and like every business they leave a money trail. Today we talk to the man who is suing the Wagner Group, hitting them in their deep pocket. Jason McCue has successfully prosecuted the IRA and HAMAS, now he’s going after Wagner. Fascinating stuff!
42. Why the Federal Reserve is stuck in a "cul de sac", and what it means for you.33:41The American economy refuses to obey the Federal Reserve and things are going to break. We examine the monetary bind facing the world's premier central bank and what it all means.
41. What you know about Western civilization is wrong35:10The saying goes that there’s a straight line from Plato to Nato - but actually, it’s much more complicated than that. Today we explain why we repeat a story that we know to be untrue and what the real story is.
40. The Coming Great Crash?43:55They say that history doesn’t repeat itself, but it rhymes. Today’s discussion is all about what we can take from history as we navigate this slow grinding bank crisis, many years of easy money and still elevated asset prices - all in a time of rising, not falling interest rates
39. This is the most important week in the Ukraine war - and global geo-politics as a whole37:58The counter-offensive might be underway but the outcomes are still very much up in the air. Let’s look at what’s going on and how the outcomes in Ukraine will ripple across the world
38. A Coming US Default?36:38Is the US about to manufacture a debt crisis? Don't rule it out. There are enough nut-jobs knocking around Capitol Hill for whom shutting down government is a victory not a catastrophe. And once we’re finished with the Lunes on the Hill, we explains what any Irish sovereign wealth fund (PS: we’re delighted the government is listening to our ideas!) ought to be focussed on. Incidentally, paying down debt is actually the worst use of money possible.
37. American Bank Carnage part 231:17The American banking system is experiencing a slow grinding crisis. We explore, why this is happening, why now and why the Fed adopted a completely different attitude to the 2023 banking crisis than the 2008 crisis and what this all means for the economy and the way we distribute money around the 21st century economy. And further out, could Apple - the great disrupter - be poised to disrupt Wall Street?
36. How does the UK recover financially?40:21The UK is what happens when economic growth stops. So on the week of the coronation let’s look at what is happening in the country and what it takes to right the wrongs of the last few years.