Money talks: Latin lessons from J Balvin
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 19 September 2017
⏱️ 16 minutes
🧾️ Download transcript
Summary
Reggaeton is a genre of music topping the charts across the world. Colombian artist J Balvin joins host Simon Long to discuss why streaming services have played such a vital role in spreading the word. Plus, why Chinese unicorns are worth more than American ones. And could a better economics textbooks help us predict the next recession?
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Transcript
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| 0:00.0 | Hello welcome to money talks the economists weekly finance and economics |
| 0:08.9 | podcast I'm Simon Long an editor at the paper, and coming up this week. |
| 0:14.0 | A new approach to economics? |
| 0:16.0 | I'm not sure that an economics undergrad, even equipped with this wonderful new textbook, |
| 0:21.0 | would be able to have predicted the financial crisis. |
| 0:24.4 | But it does mark a departure from old ways of teaching. |
| 0:27.9 | And we have a special item on how Latin music is making a comeback. |
| 0:31.8 | We've seen some growth in the past two years in the |
| 0:34.1 | industry as a whole and Latin has outpaced all other genres. And we welcome |
| 0:40.0 | Colombian reggaeton master Jay Balvin to the podcast with a bit of exclusive news. |
| 0:46.0 | You know it's a sexy sound I think we're creating a new wave worldwide that really people just want to get to know more about. |
| 0:55.0 | But you'll have to wait and listen for the scoop. |
| 0:58.0 | First, we go to China, where a new generation of entrepreneurs is emerging. |
| 1:03.0 | The country's 100 plus unicorns, that start-ups with the value of a billion dollars or more, |
| 1:08.5 | are worth over 400 billion, that surpasses the value of all American unicorns put together. |
| 1:14.0 | But why? |
| 1:16.0 | What's happening to encourage such a huge growth spurt? |
| 1:18.0 | That's something I want to discuss with Vijevite Swarin |
| 1:21.0 | who's just wound up five years as the economist China business editor and joins |
| 1:25.7 | be from Hong Kong. |
| 1:26.7 | Hello, V. |
| 1:27.7 | Hello there. |
... |
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