Sold Down the River

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 27 June 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we dive deep into the nitty-gritty of the commercial property market, highlighting its glaring vulnerabilities and the dramatic plunge in values since the pandemic. Using the vivid historical metaphor of being "sold down the river," we unravel how economic cycles often start with a displacement moment, sparking widespread financial speculation and leading to eventual market chaos. Drawing parallels between the flatboat era of early American history, where pioneers navigated the vast Ohio and Mississippi Rivers, and today's real estate woes, we illustrate how fundamental changes can trigger significant economic shifts. We look at the patterns that repeat across time. This episode sheds new light on the dynamics of the commercial property market and its historical underpinnings.

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Transcript

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0:00.0	Now we have big, big news for you.
0:02.5	We are taking the podcast on tour.
0:05.5	My new book, Money, A Story of Humanity, is hitting the shelves on September 11th, and we're going on tour to celebrate.
0:12.7	And here's where we're going.
0:14.1	September 11th, the South Back Centre, London.
0:17.4	September 16th, Vicker Street, Dublin.
0:20.3	September 18th, University Concert Hall, Limerick.
0:23.4	September 19th, the Black Box Theatre in Galway, and the real capital, ending the tour, John.
0:30.5	September 23rd, the Cork Opera House in Cork.
0:34.0	So John and I are going to delve into the new book, exploring the nature of money,
0:38.0	its history, its impact on society, from ancient Babylon to modern cryptocurrencies. We're
0:43.5	going to discover how money has influenced trade, revolutions, human progress, and more to the
0:48.4	point, has influenced us as a species. And here's the best part. Each ticket comes with a signed copy of the new book.
0:56.4	So don't miss out. Grab your tickets at David MacWilliams. i.e. forward slash podcast before they're
1:02.8	all snapped up and we look forward to seeing you on the road.
1:08.7	How did the dog sneak out?
1:12.6	When did that parcel vanish?
1:15.2	Who was outside last night?
1:17.6	Arlo doesn't miss a thing.
1:21.1	From 4K cameras to powerful AI detection,
1:24.9	Arlo makes a watched over space a safer space.
1:31.6	Arlo, 10 years of innovation in one powerful security system.
	...

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