Sarah Maslin, The Economist's Brazil correspondent, shares her insights on Luiz Inácio Lula da Silva's potential return to power, debating whether Brazil would see a fiscal conservative or a populist. Wendelin von Bredow, the senior Germany correspondent, discusses Germany's economic woes, like its heavy reliance on Russian gas and the looming threat of deindustrialization. The podcast also touches on the revival of Vietnam's loudspeakers and what this retro move signifies in today's digital world.
Luiz Inácio Lula da Silva, a leftist former president, looks well-placed to win a third term. But which Lula would Brazil get—the fiscal conservative or the populist spendthrift? Germany has an earned reputation as an industrial powerhouse, but its dependence on Russian gas and Chinese demand are hobbling it. And why the propaganda-spewing loudspeakers in Vietnam’s capital are firing up again.