In our second installment of Analyzing the Economies Around the World, Noah Smith and Erik Torenberg cover Europe and Turkey. They discuss the UK's productivity issues, France's nuclear energy investments, Germany's weaknesses, Poland's economic success, Turkey's economic policies, and immigration challenges across the EU and Europe.

This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

_

SPONSOR: HARMONIC

🧲 Learn why Craft, Bedrock, NEA and 100s more trust Harmonic’s data to source deals. Harmonic is the most complete startup database, finding new companies as soon as they incorporate and tracking them through IPO. Head to https://bit.ly/harmonicturpentine and make sure to mention Turpentine VC during your demo.

_

SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co

_

Recommended Podcast: Company Breakdowns

Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more,

Spotify

Apple

_

Links:

Noah Smith's Noahpinion https://www.noahpinion.blog

_

 X / TWITTER:

@noahpinion (Noah)

@eriktorenberg (Erik)

@TurpentineMedia (Turpentine)

_

TIMESTAMPS:

(00:00) Intro

(00:30) UK's economic challenges

(07:25) France's nuclear power success

(12:02) Germany’s trust problem

(24:28) Sponsor: Turpentine

(25:36) Italy’s stagnant and declining economy

(26:33) Poland's economic rise

(31:24) Poland responding to external threats

(32:25) Europe's immigration challenges

(45:13) EU's future despite economic and regulatory obstacles.

(52:34) Turkey's economic landscape and prospects

(58:17) Wrap