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Slate News

Slate Money - The Dinosaur Edition

Slate News

Slate Podcasts

News, Politics, News Commentary

4.56K Ratings

🗓️ 3 June 2017

⏱️ 48 minutes

🧾️ Download transcript

Summary

Felix Salmon of Fusion, emerging-markets expert Anna Szymanski, and Slate Moneybox columnist Jordan Weissmann discuss leaving the Paris Agreement, credit scores at a record high, and Goldman Sachs buying Venezuelan bonds.

Check out other Panoply podcasts at megaphone.fm.

Email: slatemoney@slate.com

Twitter:@felixsalmon,@Three_Guineas, @JHWeissmann 

Production by Daniel Schroeder.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

The following podcast contains explicit language.

0:10.7

Hello! Welcome to the Dinosaur edition of Sleep Money, your guide to the business and finance news of a very depressing week.

0:23.9

I'm Felix Salmon of Fusion.

0:26.8

I'm joined by Anna Schimansky and Jordan Weissman.

0:31.2

Hello, guys.

0:31.9

Hello.

0:32.6

Hello.

0:33.2

And this week was the week that the United States officially pulled out of the Paris Climate Agreement,

0:42.0

which makes it one of those weeks a bit like the one after Brexit or the one after the election in the US,

0:49.5

where I'm just feeling horribly depressed.

0:52.0

We are going to talk about that, obviously. We are also

0:57.0

going to talk about credit in America. Did you know that your credit score is going up?

1:03.5

It is. Well, I mean, statistically speaking, it's anyway. It's possible. It turns out that Americans

1:09.6

have never been so credit worthy as they are now, or at least not in a very long time.

1:14.4

And so we'll talk a little bit about that.

1:17.4

And we are going to talk because Anna is here and also just because it's an amazing story about the tangled tale of Goldman Sachs, bailing out the Venezuelan government by buying hundreds of

1:31.7

millions of dollars worth of distressed paper. This is an awesome story. You're going to want to

1:37.1

hang around for that. But I think we can't but start with Paris.

1:44.3

Yes.

1:44.6

Which is,

1:46.0

which is,

1:46.9

you know,

...

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