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Slate Money

The Consequences of Getting on Europe’s Bad Side

Feb 22, 2025
The podcast dives into the U.S.'s shift from Europe towards Russia, warning of potential economic fallout. It questions Intel's rumored deals with foreign firms and examines the implications in the semiconductor industry. The hosts discuss the rise of Quince, a brand redefining affordable luxury through stealth wealth. They also humorously tackle fashion dupes and egg market trends, including renting chickens and the quirky fallout from bird flu strategies. A blend of geopolitics and consumer culture makes for an engaging listen!
50:43

Podcast summary created with Snipd AI

Quick takeaways

  • The U.S. pivot away from Europe towards Russia threatens longstanding economic ties that underpin over 50% of global GDP.
  • Intel's potential restructuring indicates its struggle for competitiveness, raising concerns over regulatory hurdles and trade implications.

Deep dives

Economic Implications of U.S.-Europe Relations

The shift in U.S. foreign policy towards Russia and away from Europe has potential negative consequences for both the U.S. and European economies. The podcast discusses how U.S. companies employ millions of Europeans while European companies do the same for Americans, underpinning a robust economic interdependence. This interconnectedness accounts for over 50% of global GDP, indicating that a deterioration in relations could lead to significant economic losses. A pivot away from traditional alliances threatens the prosperity that has been built over the post-war period, emphasizing that maintaining strong ties with European nations is crucial for U.S. economic health.

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