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The David McWilliams Podcast

176 - Britain's coming Winter of Discontent

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 5 October 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

"A spectre is haunting Britain—the spectre of stagflation". It's not always the podcast paraphrases Karl Marx, but when it comes to ideology, there are few better examples of "the one size fits all" trap as Marxism or Brexit. Now the consequences of Brexit and the end of the pandemic are pushing the UK, one of the most inherently inflationary economy in the West, towards stagflation where growth slows at the same time as prices rise. In the week where the Brexit jihadis of the Tory Party gather, we have a gander across the water. Lots in here economics, politics, culture, nostalgia and the economics of panic!

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Transcript

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0:00.0

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0:43.6

What in the world is happening on Wall Street? Economic indicators. Who knows where this is going to end up?

0:49.6

To understand the economy, you have to understand human nature.

0:59.0

This podcast is powered by ACAST.

1:14.9

Now, if you hear Norse mythology, the sound of Odin, the hammer throwing Thor, the beautiful Freya, you have been reading Norse cosmology and the sagas.

1:18.6

John is looking every day, more like Thor.

1:19.9

He's back from Norway.

1:21.1

How was it?

1:24.1

Norway was superb.

1:26.0

I really enjoyed it.

1:26.6

It was great.

1:32.1

The photos look amazing. Yeah, yeah, yeah, yeah, yeah. So I spent the first few days in Oslo.

1:39.6

Yeah. A lady called, brilliant lady called Claire Macquarie, who heads up the Irish Norwegian Chamber of Commerce.

1:42.3

She set up a whole load of chats for me.

1:45.8

Brilliant. Brilliant. So, and I'll bring them to you over the next few weeks.

1:46.2

Fantastic.

...

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