From Beijing to the Box Room: The Global Forces Locking Out a Generation

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 28 November 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

On the eve of Ireland’s election, we shift focus to the global forces shaping our lives. Why can’t today’s youth afford homes like their parents could? The answer lies far beyond Ireland—in decisions made in Beijing in the 1990s, the mechanics of global monetary systems, and the ripple effects of China’s currency strategies on interest rates and property prices worldwide.Join us as we connect the dots between China's rise, America’s spending habits, and how these forces turned Irish homes into financial assets rather than affordable shelters. Plus, hear from monetary historian Russell Napier about what the unraveling of these 30-year trends could mean for the future. It's a deep dive into money, power, and policy you won’t want to miss.

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Transcript

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0:00.0	How did the dog sneak out?
0:02.4	When did that parcel vanish?
0:04.8	Who was outside last night?
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0:57.7	Learn more at Visa..com slash visa direct.
1:08.4	Hey you, yes you, listener. We want to thank you for making the David MacWilliams podcast,
1:11.4	the very one you're listening to right now, the fifth most listened to a podcast this year. And believe me, that means so much to us. So thank you.
1:18.6	To understand the economy, you have to understand human nature. This podcast is powered by ACAST.
1:30.4	Tomorrow is the election day.
1:32.8	Oh, look at that.
1:33.5	It's the election day in Ireland,
1:35.4	which we might,
1:36.1	no, we won't even bother talking about it
	...

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