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The Gist

I Believe That We Will Win

The Gist

Peach Fish Productions

News, Daily News

4.53.7K Ratings

🗓️ 26 June 2014

⏱️ 24 minutes

🧾️ Download transcript

Summary

On today's Gist, the stock market's volatility, or fear, index called the VIX is about as low as it can get, but maybe that's a bad thing? Broker David Siegel from MPS Global Securities explains why traders are freaking out over this lack of volatility. Then, Adam Davidson from Planet Money shares an unpopular solution to the housing shortage in New York that economists hate talking about. In today's Spiel, can this great chant save Team USA? Get The Gist by email as soon as it's available: slate.com/GistEmail Subscribe to the podcast in iTunes: itunes.apple.com/us/podcast/slate…id873667927?mt=2 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

GSK believes innovation starts when you stop to listen. That's why GSK and Veeve Health

0:08.1

Care have partnered with the HIV community for decades and developed medicines that better

0:13.9

fit the lives of people living with HIV. That's just one example of how GSK unites science,

0:20.7

technology, and talent to get ahead of disease together. Visit gsk.com to learn more.

0:30.0

It's Thursday June 26th 2014. From Slate, it's the gist I'm Mike Peska. USA, USA, the US

0:40.4

soccer team, what a glorious spectacular loss by not that much. The US is through to the

0:46.1

knockout round. The US advances because we lost, but in the past we had won and we also

0:51.8

once tied, so we lost by not that much. We lost by not that much. So weird feeling, isn't

0:57.2

it? Anyway, same thing happened to Portugal. No one saying they lost by not that much of

1:01.9

Portugal. They're saying they're out of the tournament and we're still in it. USA, USA.

1:06.8

So more about team USA in the field, I assure you. But let me tell you the benefit of actually

1:11.7

coming in second place in our group. If the US had won the group, Germany would have

1:17.2

come in second and that would have set up a very vexological conundrum because Germany

1:22.1

would have played Belgium. That cannot stand. Why? Well, of course the flags, I did say

1:27.3

vexological, the flags of Belgium and Germany, they're both red, black and gold. Sure, Belgium's

1:33.2

vertical stripes, Germany's horizontal stripes, different order. So the question is, you know,

1:37.5

these countries are very close to each other. You have a number of colors to choose from. Why

1:41.5

do you go with the same three horizontal tri-colors? Who gets to keep the red, black, and gold?

1:47.0

They could settle it on the pitch, but I say let's settle it in the history books. So the

1:51.4

red, black, and gold tri-color of Germany first appeared in the early 19th century, prominently

1:56.5

featured in the 1848 revolutions in Germany. So that's old, 1848 actually in German. It's

2:02.3

barely out of less and I was going to say it's barely drinking age, but we know what drinking

...

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