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Money Talks from The Economist

Money talks: The fate of Trump Inc.

Money Talks from The Economist

The Economist

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

4.41.2K Ratings

🗓️ 22 November 2016

⏱️ 17 minutes

🧾️ Download transcript

Summary

Our New York bureau chief Patrick Foulis argues Donald Trump should relinquish any control over his businesses before moving into the White House. Also on the show: There’s a new set of reforms worrying Europe’s beleaguered banks and why economists are not immune to fads. Simon Long hosts

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Transcript

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0:00.0

Attention at all passengers. You can now book your train tickets on Uber and get 10% back in Uber credits to spend on your next train journey.

0:11.0

So no excuses not to visit your in-laws this Christmas.

0:16.4

Trains now on Uber. T's and C's apply check the Uber app.

0:20.0

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

0:28.0

And on this show...

0:29.0

Obviously, my assets were significantly smaller than some other presidents or president-elects.

0:37.0

What will happen to Donald Trump's businesses once he's president?

0:40.0

Governments and regulators might treat his business favorably in order to try and curry. governments and

0:43.6

the regulators might treat his business favorably in order to try and curry

0:44.8

favour with the president.

0:46.3

There's a new set of reforms wiring Europe's beleaguered banks.

0:49.6

They don't really want to be asked to put aside any more cattle because they can't afford it yet.

0:53.9

And finally, why economists are not immune to fans.

0:57.0

The danger with these new methods is that economists start to be driven by the methods and

1:01.5

not the questions.

1:04.3

But first, Donald Trump's various businesses

1:06.8

were his claim to fame.

1:08.8

That raises obvious questions

1:10.2

about potential conflicts of interest

1:11.8

when he moves into the White House.

1:13.0

About eight years ago I began this voyage and it turned out to be a beautiful voyage because

1:19.2

the end result is something the likes of which not only throughout Canada but I think almost you could say anywhere.

...

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