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Money Talks from The Economist

Money talks: Basket case bounce

Money Talks from The Economist

The Economist

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

4.41.2K Ratings

🗓️ 8 November 2016

⏱️ 17 minutes

🧾️ Download transcript

Summary

One casualty of campaign hyperbole in America has been the reputation of the economy. But Henry Curr challenges the view that it is down in the dumps. John O’Sullivan argues some of the world’s worst-performing economies can still turn themselves around. And finally, why the constitutional referendum in Italy matters so much to business in the country

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Transcript

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0:00.0

Do you hear that?

0:05.0

It might sound like nothing to you,

0:07.0

but it's actually the sound of nuclear, wind and solar energy.

0:11.0

At EDF, we're busy generating more British zero carbon

0:14.8

electricity than anyone to help keep future energy costs down for everyone and

0:19.1

help cut UK carbon emissions to nothing. Sound good to you? Find out more about our

0:24.8

zero carbon generation at EDF Energy.com slash helping Britain.

0:28.6

Hello I'm Simon Long, the finance editor, and you're listening to Money Talks.

0:38.0

This week, Henry Kerr challenges the view that the American economy is down in the dumps.

0:43.1

Often what people say is what matters for how voters feel is what's happened to their wages

0:47.1

very recently rather than these long-term trends.

0:50.1

And John O'Sullivan considers how basket case economies might bounce back.

0:54.6

You need a reform champion.

0:56.4

The central bank governor, the finance minister, the president,

0:59.1

but someone has to be seen to be buying into reform.

1:03.0

And finally, why the constitutional referendum in Italy matters so much to business there,

1:08.2

Adam Roberts explains.

1:09.5

It would speed up things like the ability to deal with building permits or foreclosures, the sorts of things

1:14.5

that just bogged down businesses in Italy.

1:17.0

First though, after months of relentless campaigning, it is at last decision day in a few

1:26.1

hours we will find out if Hillary Clinton or Donald Trump will become the next

1:30.9

president of the United States he wants wants to start, he can start.

...

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