Eggistential Crisis

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 8 March 2025

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Trump’s tariffs on Mexico, Canada and China went into effect – only for him to turn around and suspend many of them. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Trump’s love of tariffs and the political effects of his trade war. Then, Egg Watch gets a whole segment this week as Chenya Roth joins to discuss the economics of egg demand and the question of if eggs even should be super cheap. And finally, an elaborate scheme to buy every lottery ticket and guarantee a jackpot went down in Texas. The hosts debate whether there is actually anything wrong with that. In the Slate Plus episode: The Trump bump has become quite a slump Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, and welcome to Slate Money, your guide to the business and finance news of the week.
0:18.4	I'm Felix, I'm Alex Amon of Axios with Emily Peck of Axios.
0:21.6	Hello, hello. Emily is a great headline writer. We will talk about her great headline later on in the show.
0:28.6	I'm here with Elizabeth Spires of New York Times.
0:32.6	Hello.
0:33.6	We are going to talk about the whole tariff craziness, which happened and then unhappened this week.
0:42.2	We are going to talk about eggs because we never get tired of talking about eggs.
0:48.2	We are going to talk about the Texas lottery hack that the Maltese investor managed to get up to.
0:55.9	We have a Slate Plus segment on the Trump slump in the stock market.
1:03.4	It's all coming up on Slate Money is sponsored by Nerd Wallet's Smart Money podcast. Life comes with big money questions like, are Target Date funds a smart or lazy way to invest? Yes, both. Should you
1:31.0	pay off debt or invest extra cash? Can you deduct your dog as a home security system on your taxes?
1:37.3	Well, nerd wallets, smart money podcast has the answers. Their finance journalists break down
1:44.0	investing strategies, tax planning,
1:46.2	and smart ways to build wealth and navigate big financial decisions. Work smarter, not harder on your
1:52.6	finances this year. Follow NerdWallet's Smart Money podcast wherever you listen. And stay tuned until
1:59.3	the end of the episode to hear the smart money trailer
2:02.7	it all started with a single book dropped into a McDonald's happy meal that led to over
2:13.2	160 million books and counting that's a lot of books and a lot of bedtime stories. That's just
2:20.3	one way we change a little, change a lot. Subject to availability from 11 a.m.
2:26.7	Okay, so for those of you following along at home, Trump announced that he was going to
2:33.0	put massive 25% tariffs on everything coming into the country from Mexico and Canada.
2:39.8	He did this in January saying that the tariffs would be effective at the beginning of February.
	...

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