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Hidden Forces

Gillian Tett | Wartime Economy: The Greatest Financial & Political Crisis Since World War II

Hidden Forces

Demetri Kofinas

Business, Government

4.81.6K Ratings

🗓️ 31 March 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

In Episode 130 of Hidden Forces, Demetri Kofinas speaks with Gillian Tett, chair of the editorial board and editor-at-large of the Financial Times about America's new "wartime economy" and the unspoken consequences of the most radical financial and political crisis since World War II.

Demetri starts the conversation by asking Gillian what it's like to run the largest financial newspaper in the world during the greatest economic and political crisis in three generations. The two discuss the latest central bank policy actions, fiscal stimulus, and a series of other timely topics ranging from distressed corporates, emerging markets, dollar funding, and much, much more.

If you want to read the transcript to today's conversation or gain access to the rundown for this episode head over to the Hidden Forces Patreon Page and subscribe to one of our three content tiers. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. By becoming a monthly subscriber you are helping to make this podcast possible.

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Transcript

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0:00.0

Today's episode of Hidden Forces is made possible by listeners like you.

0:04.4

For more information about this week's episode or for easy access to related programming

0:09.7

visit our website at hidden Forces. I.O. and subscribe to our free email list.

0:16.4

If you listen to the show on your Apple Podcast app, remember, you can give us a review.

0:21.5

Each review helps more people find the show and join our

0:24.9

amazing community. And with that, please enjoy this week's episode. And the What's up everybody? My guest on this episode of Hidden Forces is Jillian Ted, chair of the editorial board and editor

0:55.9

at large of the Financial Times.

0:58.8

She writes weekly columns covering a range of economic, financial, political and social issues and she is here to speak

1:06.8

with us today.

1:07.8

Jillian, welcome back to Hidden Forces.

1:11.2

Great to be on the show at this incredibly intense moment.

1:16.2

So that's actually something I wanted to ask you about because you joined the Financial Times

1:22.4

in the early 90s, I believe, as a correspondent for the former

1:27.4

Soviet Union in Europe.

1:28.9

You were stationed in Tokyo during the bursting of the dot-com bubble and the 9-11 attacks and you covered Wall Street of course leading up to and through the crisis which we talked about in our last episode together.

1:44.0

And now you find yourself as the editor at large

1:48.4

of what is effectively the largest English

1:51.0

language financial newspaper in the world.

1:54.0

What is it like to work at the Financial Times in your capacity during a time like this?

2:01.0

Well, it's moments like this and make me realize why journalism is such a responsibility

2:09.7

and a privilege and a passion of mine because essentially you know we're paid to tell people about other people and try and illuminate how the world's working or often not working and doing that in quiet times and peace times is always very important

2:26.5

as part of the civic duty but doing it in times of drama of war, medical war of the sort we got now or financial war of the sort that I've seen before

...

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