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Derivatives are not suitable for all investors and involve the risk of losing more than the amount

originally deposited and any profits you might have made. This is not a recommendation to offer

to buy, sell, or retain any specific investment or service. I'm Martin Wolf, the Financial Times

chief economics commentator.

And I'm Paul Krugman, professor at the City University of New York, and I guess self-employed online pundit.

In six episodes to run throughout June and early July, we'll be discussing the economic events reshaping our world.

And it's going to be interesting doing this together because,

well, we've known each other, according to my calculations, around 40 years. So what topics

would you like to discuss? I mean, obviously, it doesn't look like the trade war and all of that

is going to be over any time soon, and we need to talk

about that. Are you prepared to think a little about the political economy of this? How can it be

that what is on the face of it, the most successful economy in the world, has decided to elect

somebody who intends to blow it up.

I'm friends with some science fiction writers, people who write sort of near future

dystopian stuff, and they're very upset because they feel that they're being put out of a job

because what's actually happening is making everything that they wrote look mild by comparison

with the reality.

...