MAGA, Mercantilism & Mass Extinction: The Economics of a Shifting World Order

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 25 February 2025

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Anxiety is in the air. Trump's latest outbursts underscore America’s shifting economic stance. Who knows if there is a method to the madness? In this episode, we break down the logic of MAGA economics, tracing its roots back to mercantilism; the imperialist trade philosophy that once fuelled global empires. We dissect Trump’s obsession with trade surpluses, the inevitable clash between MAGA and Wall Street, and why Ireland might be enemy number one in the next trade war. Just when you think things can't get more chaotic, we explore the looming "mass extinction event" set to shake Silicon Valley and the tech elite. From tariffs to TikTok bans, economic history to geopolitical strategy, this is a no-holds-barred deep dive into the forces reshaping the world, whether we like it or not.

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Transcript

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0:00.0	Now, a quick heads up on March's book club, and it's a bit of a classic.
0:04.5	It is Manias, Panics and Crashes, written by Charles Kindleberger, probably the best book you will ever read on economic and credit cycles.
0:13.7	That's all for March.
0:15.7	Get reading, and we will talk at the book club, which is on Monday, the 24th of March in the evening.
0:23.5	Chat then.
0:27.6	Imagine a world without borders, where money moves between countries fast and securely,
0:34.1	or without having to build or manage a complex infrastructure.
0:39.0	Introducing Visa Direct.
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0:50.2	Move money your way.
0:52.3	Learn more at Visa.com slash visa direct.
0:56.4	How did the dog sneak out?
0:59.2	When did that parcel vanish?
1:01.7	Who was outside last night?
1:04.2	Arlo doesn't miss a thing.
1:06.7	From 4K cameras to powerful AI detection,
1:10.4	Arlo makes a watched over space a safer space.
1:14.4	Arlo, 10 years of innovation in one powerful security system.
1:22.6	Find out more and get conditions at arlo.com.
1:29.6	To understand the economy, you have to understand human nature.
1:35.9	This podcast is powered by ACAST.
1:41.8	How you doing there? It is podcast time and John is not only confused, but he's very anxious.
	...

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