In for a penny, in for a pounding: Britain’s economic gyrations
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 27 September 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
The markets are so far entirely unconvinced that the new administration’s Reagan-esque economic plans will work to spur growth—just look at sterling's tumble. In Tibet, China’s mass collection of DNA samples has one unabashed motive: social control. And the curious wave of “unretirees” returning to work after the pandemic.
Additional audio courtesy of the Ronald Reagan Presidential Library.
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Transcript
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| 1:03.5 | Hello and welcome to the intelligence from The Economist. In New York, I'm John Fastman. |
| 1:09.3 | And in London, I'm Jason Palmer. |
| 1:11.4 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 1:18.9 | In many countries, if you get arrested, the police can take a sample of your DNA. |
| 1:24.3 | But in Tibet, the Chinese government isn't waiting for arrests. |
| 1:29.1 | They're taking DNA from monks, children, and pretty much anyone they like, as much as one-third of the total population. |
| 1:37.4 | And it's no surprise that the pandemic led to a lot of early retirements. What's surprising is |
| 1:43.1 | just how many people are now unretiring and heading back to work. |
| 1:47.0 | But first... For those watching the British economy, it's been a queasy few days. |
| 2:07.1 | The Bank of England today raised the base rate of interest to its highest level in 14 years. |
| 2:12.7 | This is the figure it started the day out. |
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