Introducing Stephanomics Season 2
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 1 October 2019
⏱️ 3 minutes
🧾️ Download transcript
Summary
Stephanie Flanders, head of Bloomberg Economics, returns to bring you another season of on-the-ground insight into the forces driving global growth and jobs today. From the cosmetics maker in California grappling with Donald Trump's tariff war, to the coffee vendor in Argentina burdened by the nation's never-ending crises, Bloomberg's 130-plus economic reporters and economists around the world head into the field to tell these stories. Stephanomics will also look hard at the solutions, in the lead-up to Bloomberg’s second New Economy Forum in Beijing, where a select group of business leaders, politicians and thinkers will gather to chart a better course on trade, global governance, climate and more. Stephanomics will help lead the way for those debates not just with Bloomberg journalists but also discussion and analysis from world-renowned experts into the forces that are moving markets and reshaping the world. The new season of Stephanomics launches Oct. 3.
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Transcript
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| 0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
| 0:05.2 | Bloomberg Green will convene the foremost leaders in business, finance, policy, academia, |
| 0:10.3 | and NGOs for candid conversations focused on creating solutions to support |
| 0:14.9 | the goals set forth at COP28. Join our community of global influencers and |
| 0:19.5 | problem solvers in Dubai to build connections, inspire innovation and challenge the status quo in the |
| 0:25.1 | battle against climate change. Register at Bloomberg Live.com slash B Green Radio. |
| 0:30.0 | Hello, I'm Stephanie Flanders, head of Bloomberg Economics. |
| 0:36.0 | Now, if you listen to the first series of Stephanomics, you'll know we don't think you can understand what's happening in the global economy, just sitting behind a desk. |
| 0:44.0 | You have to go out in the field. |
| 0:46.0 | Maybe ask a small cosmetics manufacturer in California how President Trump's trade War has affected her business. |
| 0:54.0 | Yeah, it's been very stressful because I planned for 25%, |
| 0:58.0 | but I didn't plan for an extra 10, which is totally cutting into my margin. |
| 1:02.0 | So it sucks. |
| 1:03.2 | It's very disturbing. |
| 1:05.0 | Or go to Argentina to find out how a country |
| 1:08.0 | gets permission from the International Monetary Fund |
| 1:10.3 | to restructure its debts and impose capital controls. |
| 1:14.0 | And what it's all meant for the price of a cup of coffee in downtown Buenos Aires. |
| 1:18.0 | One month ago was 72, and three weeks ago was 80, 2 weeks ago, is 90, and possibly the next week is 100 |
| 1:28.9 | pesos. Or maybe Spain to think about what an economy looks like when the birth rate has fallen |
| 1:35.8 | through the floor. |
| 1:36.8 | Here is very typical that you met people, even in your family or your friends, that has |
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