Peter St Onge Podcast
Episode 33: Weekly Roundup 12.04.2023
Dec 4, 2023
Topics discussed include the surprising election in the Netherlands, retirement account hardships, the struggles of young Americans, challenges faced by small businesses, and BlackRock's call for climate spending in the third world.
25:28
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Quick takeaways
- The rise of right populist parties in Europe can be attributed to economic mismanagement, rising energy prices, and climate mandates affecting certain sectors.
- A significant number of Americans are facing financial difficulties and using their retirement savings to cover basic expenses, highlighting concerns about the financial well-being of households across the country.
Deep dives
Right populist parties gaining momentum in Europe
The podcast explores the recent rise of right populist parties in Europe, highlighting the shock election results in Argentina and the Netherlands. The main factors contributing to their victory are economic mismanagement, rising energy prices, and climate mandates that adversely affect certain sectors, like Dutch farmers. The rejection of the center-left elite ruling the European countries drives voters to support right populist parties. This trend is not limited to the Netherlands or Argentina, as right populists are gaining ground in Hungary, Poland, Italy, Finland, Sweden, and other European nations.
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