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Slate Money

Saving for the Second Coming

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 21 December 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

This week Felix, Emily, and Anna discuss the state of Boeing, the new California law for contract workers, and the incredible wealth stockpiled by the Church of Jesus Christ of Latter-day Saints. In the Slate Plus segment: book recommendations.  Podcast production by Jessamine Molli.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the latter day's Saints edition of Slate Money,

0:17.6

your guide to the business and finance news of the week.

0:20.6

I'm Felix and one of Axios. I'm here with Anna Shimansky of breaking views.

0:25.0

Hello? I'm here with Emily Peck of Huffpost.

0:28.0

Hello. And we are going to talk about Latter-day Saints.

0:33.6

They are much richer than we thought they were.

0:37.8

We are going to talk about Boeing, which is in, I believe the technical term is a world of pain right now they have

0:46.0

stopped making their cash cow the 7-3-7 max for obvious reasons we what else we're going to talk about, Emily?

0:53.3

The California law, AB 5.

0:55.2

AB 5.

0:55.9

We're going to talk about AB 5 and what this means for anyone who's

0:59.2

unfortunate enough to be a freelancer in California. We have a whole slate plus segment on books that we might recommend

1:07.8

you read if you are in the mood for reading a book this holiday season. All that are more coming up on slate money.

1:15.4

Let's start with Boeing. I was reading on the internet this week that first

1:21.0

quarter GDP is going to implode, that it was going to be like

1:25.7

more than half a percentage point lower than everyone thought just because Boeing isn't

1:30.5

making planes anymore. Boeing is a massive part of the American economy

1:34.4

and it seems to be going from atrocious to still really bad.

1:38.8

Yeah, I mean, it's our largest manufacturing exporter.

1:41.3

It employs a tremendous number of people and then you also

1:44.4

have to think of all of the suppliers who will also be affected by this so yeah I mean

1:48.6

this is not a small deal so Emily what's the this what's the news this week? So this week Boeing said it was

...

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