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Money Talks from The Economist

Money talks: Achtung maybe?

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 22 January 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Is Germany's economy on the brink of a recession? And Professor Amy Edmondson, author of “The Fearless Organisation”, examines the importance of speaking up in the workplace. Also, remembering John Clifton "Jack" Bogle, patron saint of the amateur investor. Philip Coggan hosts

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Transcript

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0:00.0

Imagine sweeping through green fields, floating five feet above ground, sun on your face as you

0:08.3

slide by on track to your

0:15.0

there,

0:20.0

to care in the world as you simply lean back.

0:17.0

And before you know it, you're there.

0:20.0

This is how travels should feel,

0:22.0

and on our trains it does.

0:25.0

Avanti West Coast feel good travel. Hello I'm Philip Koggin, the Economist Bartleby columnist and this is Money Talks

0:41.0

on Economist radio.

0:43.0

Coming up on today's show, is Germany heading towards a recession?

0:47.0

The German economy is slowing mainly because of cyclical factors.

0:52.0

I discuss speaking up in the workplace with Professor Amy Edmondson, author of the Fearless Organization.

1:00.0

So you've hired these talented, thoughtful, smart people, and then you're not actually hearing

1:06.0

from them.

1:07.0

And we remember the legacy of Jack Bogle, the patron saint of the amateur investor.

1:12.0

He has saved investors an awful lot of money and perhaps that extended his life in some sort of moralistic way.

1:17.0

I think that's very unlikely but it's a nice thought.

1:19.0

First, the latest figures show that Germany's economy grew by just 1.5% last year, the slowest

1:28.8

rate since 2013. Fear is growing, that it's heading for a recession for the first time since a European debt crisis.

1:37.0

Vendoline von Breido, the Economist's Europe Business Correspondent, is in Berlin.

1:42.0

Hello, Vendoline. Hello, Phil.

1:45.0

Bendoline, why is the German economy slowing? The German economy is slowing mainly because

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