Economist Podcasts The Intelligence: The darkness before the Don
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Jan 18, 2024 
Henry Trix, writing for Schumpeter, and Piotr Zalewski, Ukraine correspondent for The Economist, dive into fascinating topics. They discuss how American business leaders fear a second term for Trump could harm the economy. The cultural devastation in Ukraine is examined, highlighting the looting and loss of heritage due to war. Trix and Zalewski also tackle the skyrocketing olive oil prices, analyzing the impacts of climate change and market dynamics on this staple of Mediterranean culture.
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Trump's Second Term Impact
- Many fear a second Trump term would negatively impact the American economy more than his first.
- Business leaders are concerned but hesitant to speak out.
Trumponomics 2.0
- Trump's economic policies during his first term included tax cuts, deficit-funded spending, and tariffs.
- A second term with different economic conditions could exacerbate inflation.
Trade War Concerns
- Trump has proposed a baseline 10% levy on all imports, potentially escalating into trade wars.
- This could severely impact American businesses reliant on international trade, particularly with China.