Slate Money - Argentina First?
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 4 October 2025
⏱️ 55 minutes
🧾️ Download transcript
Summary
This week: Felix Salmon finally gets to nerd out on Argentina's economy as Trump goes against the GOP playbook by bailing the country out to the tune of $20 billion. Felix, Elizabeth Spiers, and Emily Peck break down why this is such an unusual move, how it shows Trump’s favoritism, and what it means for America’s soy farmers. Then, the US government has officially shut down but stocks are soaring. The hosts talk about who, if not Wall Street, is economically impacted by the shutdown. And finally, Jared Kushner helped broker a record-breaking $55 billion private equity deal for Electronic Arts that includes Saudi Arabia's Public Investment Fund. Do we care if the Saudis own a controlling stake of the gaming giant?
In the Slate Plus episode: What number is Felix thinking of?
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Podcast production by Jessamine Molli,
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Transcript
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| 0:00.0 | Hello and welcome to Slate Money, your guide to the business and finance news of the week. |
| 0:19.0 | I'm Felix Salmon of Bloomberg. I'm here with |
| 0:21.7 | Emily Peck of Axios. Hello, hello. And we're the Spires of New York Times. |
| 0:27.0 | Hello. And we are going to talk about my favorite subject in the world, which is Argentina. |
| 0:33.7 | We are going to talk about the government shutdown because we have to. We are going to talk about the biggest private equity deal of all time. |
| 0:42.9 | We have a Slate Plus segment on a really big number. |
| 0:47.2 | Is it about a big number? |
| 0:48.4 | It's a big number. |
| 0:49.6 | Oh, that's right. |
| 0:50.4 | We're talking about a really big number. |
| 0:51.8 | We have a Slate Plus segment on a really big number. |
| 0:54.2 | If you can guess what the number is, you get a prize. It's all coming out on Slate Money. |
| 1:06.6 | So, Emily, wait, we're talking about something interesting. |
| 1:09.3 | We're going to talk about something, Felix, that I feel like as long as I've been doing this podcast with you, you always low-key want to talk about this. |
| 1:16.8 | As long as I have been doing this podcast, like much longer how long you've been on. |
| 1:22.2 | Your whole career has been about this topic. |
| 1:24.3 | And my whole experience with you is being like, I don't really want to talk |
| 1:29.3 | about it. Don't care. Not interesting to me. Like, oh, are we going to talk about this? |
| 1:34.3 | Like, oh, okay. But this week, everything changed for Emily. Everything. This week, everything changed. |
| 1:40.8 | So, Elizabeth, what is the subject? We are talking about Argentina. |
| 1:44.9 | And Emily, what changed this week to finally make Argentina, which is obviously my favorite |
| 1:52.0 | subject in the history of the planet. What changed to make it interesting to Emily Peck? |
... |
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