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Money Talks from The Economist

Money talks: The scandals of 2016

Money Talks from The Economist

The Economist

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

4.41.2K Ratings

🗓️ 29 December 2015

⏱️ 13 minutes

🧾️ Download transcript

Summary

Our hosts look into their crystal ball to identify the scandals of tomorrow. Look out for swindled art collectors, spoiled wine connoisseurs, bungled legal invoices and rigging in sports

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Transcript

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0:30.0

The Economist.

0:40.0

From The Economist in London, this is Money Talks, a weekly conversation around themes in the worlds of business, finance and economics.

0:46.0

I'm Stan Pinal, the banking editor.

0:48.0

And for the last show of 2015, we want to look forward to next year.

0:52.0

Some of you may have seen our annual publication,

0:54.0

the world in 2016, as it's called this year, in which economists writers gaze into

0:58.3

their proprietary crystal bowl. We're not going to delight you with our predictions

1:02.1

for the S&P 500 or the dollar euro exchange rate.

1:05.0

Instead I've asked two of our correspondence, Matthew Valencia, one of our business writers and Dan Rosenheck, our data editor,

1:11.0

to talk about where next year's juiciest scandals are likely to come from.

1:15.4

2015 was a vintage year for Scalducery from Volkswagen to FIFA, doping in athletics, and always,

1:21.3

always more skeletons coming out of Finances closet.

1:24.1

Right Matthew let's start with you the odds of us being right on any of this are pretty

1:28.6

low but you have speculated in the world in 2016's on practices in the art market that you think could blow up next year?

1:35.6

Yes, well making predictions is always foolish

...

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