Money talks: From bad to wurst
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 20 August 2019
⏱️ 22 minutes
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters that they listen to and understand their client's needs. |
| 0:14.8 | With global expertise and over two centuries of experience, Citi provides tools, insights and |
| 0:20.8 | guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are city. |
| 0:26.0 | Learn more at city.com slash we are city. Hello and welcome to Money Talks on Economist Radio. I'm Simon Long, |
| 0:40.4 | International Editor at The Economist |
| 0:42.8 | and coming up on today's show. |
| 0:46.2 | Will the world's largest AI chip find buyers? |
| 0:49.8 | There is any number of companies |
| 0:51.8 | like pharmaceutical firms or the oil majors or any company that needs a lot of |
| 0:56.4 | computing power to crunch data and come up with predictions where to find oil or |
| 1:01.5 | stuff like that. And Apple enters the credit card market. |
| 1:05.0 | It's supposed to be a sort of predominantly digital card. |
| 1:08.0 | You get higher sort of cash back for using Apple pay-to-pay-to-pay purchases and a lot of the interaction with the credit card is done through the app |
| 1:17.0 | and it's sort of very intuitively designed, very easy to use as you would expect from a tobacco product. But first, Germany's Central Bank has warned that the country could be about to tip into |
| 1:37.5 | recession. |
| 1:38.8 | The economy shrank very slightly in the second quarter, the worst performance of any Eurozone member. |
| 1:45.0 | And now the Bundesbank has warned that it expects performance to remain lack-luster, and |
| 1:49.8 | German output to continue to decline. I'm joined now by Henry Kerr, the economics editor |
| 1:55.5 | at the economist, who's been looking at what all of this means for the German economy. |
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