Money Talks: How to save the world economy?
Economist Podcasts
The Economist
4.4 • 4.9K Ratings
🗓️ 3 March 2020
⏱️ 20 minutes
🧾️ Download transcript
Summary
The Federal Reserve has cut interest rates in the face of increasing concern about the economic impact of the new coronavirus. It follows warnings from forecasters that the outbreak could tip some countries into recession. What more needs to be done to prevent a full-scale downturn? The Economist’s Europe economics correspondent Rachana Shanbhogue asks Patrick Foulis, business affairs editor; Alice Fulwood, American finance correspondent; and Henry Tricks, Schumpeter columnist
Please subscribe to The Economist for full access to print, digital and audio editions:
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What do you see on the horizon for financial markets? |
| 0:04.0 | From uncertainty to opportunity, |
| 0:07.0 | PGM can help you rise to the challenges of today. |
| 0:10.0 | When disciplined risk management is needed most, |
| 0:14.0 | with $1.2 trillion in AUM |
| 0:17.0 | and deep expertise across asset classes, |
| 0:20.0 | our investments shape tomorrow today. |
| 0:23.0 | pursue your tomorrow with PGM, |
| 0:26.0 | a leading global asset manager. |
| 0:31.0 | The coronavirus continues to spread around the world. |
| 0:40.0 | Last week, fears mounted that the virus could trigger |
| 0:43.0 | a more serious rupture in the financial markets. |
| 0:46.0 | The S&P 500 suffered an 11% drop over five days |
| 0:50.0 | is worst weekly fall since October 2008, |
| 0:53.0 | but now the Federal Reserve is cut interest rates by 50 basis points. |
| 0:56.0 | Will this be enough to steady the course? |
| 0:59.0 | Hello, this is Money Talks on Economist Radio, |
| 1:02.0 | our weekly podcast on the world of business. |
| 1:04.0 | I'm Ratchna Shanbogue, the Europe Economics Correspondent. |
| 1:13.0 | As the world climbs the epidemic curve, |
| 1:15.0 | the number of cases of the new coronavirus |
| 1:18.0 | continue to rise outside of China. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.