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Slate Money: Lambos or Food Stamps

Slate Daily Feed

Slate

News, Society & Culture, Business

3.91.1K Ratings

🗓️ 12 March 2022

⏱️ 58 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon and Emily Peck are joined by Stanford student and Palladium writer, Ginevra Davis, to talk about who is really hurt by businesses pulling out of Russia, what is going on with nickel and Russia, and the current state of being Gen-Z. In the Plus segment: Emily starts a generational war. Mentioned In the Show: “When the Stagnation Goes Virtual” by Ginevra Davis “The Moral Hazard Lessons From Nickel Market Disaster” by James Mackintosh Email: slatemoney@slate.com Podcast production by Cheyna Roth Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the Lambos or food stamps episode of Slate Money, your guide to

0:20.8

the business and finance news of the week Emily Peck of Axios is here.

0:24.5

She hates this so much.

0:26.6

I protest. I formally protest the title of this podcast. It's offensive.

0:32.8

It is offensive. We're going to go dark in this show. I am Felix Salmon of Axios

0:39.2

and we, Genex Axions, are being joined this week by Jennifer Davis.

0:45.6

Jennifer, welcome. Thank you so much for having me.

0:48.5

Introduce yourself, Jennifer. What brings you to this show?

0:52.0

I am a senior at Stanford studying symbolic systems, which is basically computer science,

0:57.9

philosophy, linguistics. We're major Stanford invented and I write for a

1:03.2

palladium magazine about crypto and culture and I recently published an article

1:08.4

called When the Stagnation Goes Virtual about decadence in NFT culture.

1:13.5

So we are going to talk to you about that. We are going to talk to you about the darkness

1:19.6

at the heart of Gen Z and how terrifyingly nihilistic the vision is these days and it's

1:29.7

an amazing conversation which we're going to actually continue in the Slate Plus because

1:33.5

there's so much of it and it's so rich. We are also, however, going to talk about the news.

1:37.8

We are going to talk about the sanctions that companies are imposing on Russia and why they're

1:42.9

doing that and what they hope to achieve by it and I am going to have a little rant as well

1:48.3

about the London Metal Six Change and the nickel market and whether the LME should have suspended

1:55.0

trading in nickel. It is a packed show and it's all coming up on Slate Money.

2:02.8

Okay, Emily, let's start with sanctions. We haven't really gone into a lot of detail on

2:11.9

the astonishing degree of, especially corporate sanctions that are being imposed on Russia right

...

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