11min chapter

Major escalations in the war in Ukraine

Fareed Zakaria GPS

CHAPTER

Economic Policies and Inflation Insights

This chapter explores the economic implications of federal spending related to inflation, specifically analyzing Biden's stimulus plan against Trump's economic agenda. It discusses the political landscape's reaction to rising inflation, the stock market's performance as an indicator of future risks, and the broader impact on climate policy amid potential shifts in administration. The dialogue emphasizes the importance of maintaining a rules-based market economy while reflecting on the challenges posed by climate change and the urgent need for adaptation strategies.

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Transcript

Episode notes

Speaker 2

Well, before we finish looking back, Luke, let's talk after the ads a little bit more about Paris because it was a crazy finale on the Champs-Elysé. I don't think any of us were ever going to pick the winner in our WhatsApp. Prediction's league. We'll have some more listeners' questions and then maybe we'll cast our minds forward to what else is to come this year. Righto, Paris.

Speaker 1

It just seemed like a crazy day, didn't it? I think they were... Didn't they? They just raced it full gas. It wasn't... Yeah, no one threw caution to the wind. It was just raced so aggressively. And at one point I thought they could actually crack the sprinter's teams here.

Speaker 2

But it didn't quite happen. No, you had that shape of... On the nose of the peloton for most of the laps where it was also stretched out, wasn't it? You could see when you get the helicopter shot, you can see the stress that's going through the sprinter's teams just by the shape that the peloton

Speaker 1

takes. And Paris, you watch on TV and you see them sipping on the champagne, you're like, ah, this is a procession parade and then you get on the Champs-Elysé itself and you're like, this is so hard. It is in such a hard race. Maybe for me, more mentally, because you switch off the night before you're like, right, the tour's over, but that is a hard day in the saddle. The last, I don't know, hour and a half, two hours, whatever is on the circuit, but they just... They just whacked it and kept the tack in, brought back the tack in, so super hard day or super hard final for sure. But like you say, with our predictions, we've just been absolutely terrible. I mean, and then Jordy Muse just pops out of nowhere and takes the sprinter's crown.