All-Stars #73 Prof. Steve Keen: Rising Populism & Brexit update

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.8 • 3.4K Ratings

🗓️ 22 October 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

All-Star Prof. Steve Keen is back with an update on the recent surge in populism around the globe and Steve’s outlook for the resolution of the Brexit dilemma Link: http://bit.ly/31Amewu

Transcript

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0:00.0	This is a special edition of Macrovoises with hedge fund manager Eric Townsend.
0:14.2	The premier financial podcast targeting professional finance, high net worth individuals, family
0:19.8	offices, and other sophisticated investors.
0:23.0	Now for this special edition of Macrovoises, here's hedge fund manager Eric Townsend.
0:30.0	Macrovoises All Stars episode 73 was recorded on October 21st, 2019.
0:35.9	I'm Eric Townsend.
0:37.4	All-Star Professor Steve Keane is back with us today.
0:41.5	Steve, I hope you had a great weekend and you were not caught in a city that was burning
0:46.6	for one reason or another.
0:48.1	And boy, around the world, there has been just a huge explosion of populism and dissatisfaction
0:56.4	with government.
0:57.7	We saw major, major riots in Chile.
1:00.9	They were apparently the proximal trigger in Chile was a 30 Chilean peso.
1:06.2	That's about four cents US increase in subway fares that led to something like 80 subway
1:13.5	stations being burned.
1:15.6	More riots, more businesses being burned in Hong Kong this weekend.
1:19.8	A bit of Brexit-related upset in London, Lebanon, Peru, and Ecuador.
1:27.4	All went crazy this weekend.
1:29.7	What's going on here and how does it relate to Brexit and everything else that you've
1:34.5	been following geopolitically as it relates to the economy?
1:38.4	I think it's actually, if there's ever going to be the classic old song you might know
1:43.0	from the 70s, the changing of the guard, it feels definitely like that's happening on
	...

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