Economist Podcasts
The Intelligence: The darkness before the Don
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.
23:20
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Quick takeaways
- A second Trump presidency could harm businesses and weaken the American economy through policies such as trade wars, mass deportation, and increased government debt.
- The war in Ukraine has resulted in significant loss and looting of cultural heritage, with over 480,000 artworks lost, impacting museums and archaeological artifacts.
Deep dives
Potential consequences of a second Trump presidency on American business and the economy
A second Trump presidency could lead to policies such as trade wars with elevated tariffs, mass deportation impacting labor shortage, and increased government debt with double down on tax cuts. This could harm businesses and weaken the American economy.
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