#914: Trump and Deutsche, A Long Affair
After Donald Trump's companies declared four bankruptcies, several major banks stopped loaning him money. But Deutsche Bank didn't.
The economy explained. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening.
BONUS INDICATOR: The Calculator That Time Forgot
Most products in this world are vulnerable to creative destruction: as new products are developed, they make old ones obsolete. But there are some exceptions — products that persist, resisting change while economic evolution continues without them. For instance: the ...
BONUS INDICATOR: The Measure Of A Tragedy
Ricardo Hausmann, a Harvard-based Venezuelan economist, has constructed his own indicator, one that captures the horrifying scale of the economic catastrophe in Venezuela. (This episode is from our other podcast, The Indicator. Subscribe to it wherever you get your podcasts.)