Everyone’s going to be looking for dollars
Make Me Smart
Marketplace
4.6 • 5.4K Ratings
🗓️ 1 March 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
This What’d We Miss Monday, we catch up on the conflict in Ukraine, including the ugly reality that economic sanctions against Russia hurt its individual citizens. And that’s the point. The West is betting economic collapse will turn those citizens against Vladimir Putin. Also today: what’s next from the Federal Reserve, and a new report that warns humanity and nature are running out of time to adapt to climate change. Ready for a Make Me Smile? We’ve got one that’s appropriately banana pants.
Here’s everything we talked about on the show:
- Russia’s ruble worth less than 1 cent after West tightens sanctions from CBS News
- Germany announces major defense policy shift in face of Russia’s Ukraine invasion from CNBC
- In major shift, Germany to send weapons to Ukraine, hike defense spending from MarketWatch
- At the Ukrainian border, a mother brings a stranger’s children to safety from Reuters
- Once Sleepy and Picturesque, Ukrainian Villages Mobilize for War from The New York Times
- “The Battle for Kyiv,” today’s episode of The New York Times’ podcast “The Daily”
- World’s largest plane destroyed in Ukraine from CNN
- Initial Talks Between Russia and Ukraine Yield No Resolution from The New York Times
- Climate Change’s Effects Outpacing Ability to Adapt, I.P.C.C. Warns from The New York Times
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Transcript
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| 0:00.0 | Alright, Jake, let's go. Come on. |
| 0:02.8 | There we go. There we go. |
| 0:07.2 | Hey everybody, I'm Kyle and Rizzo. Welcome back to Make Me Smart on a Monday. |
| 0:10.4 | Making the day make sense. That's what we do. |
| 0:13.8 | I'm Mary El Segara. It is what did we miss Monday? |
| 0:16.9 | So we will catch you up on today's news and you know, |
| 0:20.1 | whatever you missed over the weekend. There's really only one big story, right? |
| 0:24.1 | Yeah, there is one big story. It continues to be the story. |
| 0:26.9 | I guess I was thinking today about how long it's going to continue to be the story and |
| 0:31.1 | I'm not taking any bets. I just I do kind of wonder about that. But yeah, |
| 0:34.2 | there is one thing going on. That's it. That's it. Yeah. |
| 0:39.5 | Which is by the way, sorry, not yeah, well, so we'll start obviously with with some of the, |
| 0:44.0 | you know, the headline news about the sanctions and the collapse of the rubble and central banks |
| 0:50.5 | going after other central banks. But the thing about it is and we'll get to this in a minute, |
| 0:57.0 | there are other news stories happening that on any other day would be the global lead, right? |
| 1:02.0 | It would be absolutely it'd be on the top of the news on every NPR newscast, in every newspaper |
| 1:07.3 | and on television. And it's just not. And that's fine because the land war in Europe is a big deal. |
| 1:12.8 | But I guess, you know, perspective and context, I suppose. Anyway, anyway, so you go ahead. |
| 1:18.2 | What do you like of what do you like of the big story of the day? And then I'll throw mine in there. |
| 1:22.3 | All right. Yeah. Well, the on the rubble, I was thinking about this and I know you guys covered |
| 1:27.3 | this on Kristen covered this on marketplace tonight. I was talking to her about it. So we know |
| 1:32.3 | that the collapse of the rubble, we know what it'll mean for Russians, you know, the evaporation |
... |
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