Surveillance: Italy Unsustainable in Eurozone, Varoufakis Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 9 October 2018
⏱️ 31 minutes
🧾️ Download transcript
Summary
Harm Bandholz, Unicredit Bank Chief U.S. Economist, says there is a good chance that we will see a downturn in 2020. Kathy Fisher, Bernstein Head of Wealth & Investment Strategist, does not expect a terrible recession whenever it comes. Yanis Varoufakis, Former Finance Minister of Greece, thinks Italy is not sustainable within the current rules of the Eurozone. And Admiral James Stavridis, Former NATO Supreme Allied Commander Europe, recommends we read Madeleine Albright's new book, "Fascism: A Warning."
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. |
| 0:05.7 | However, we can create spaces where people can freely kick the tires of their preconceived notions. |
| 0:11.2 | I'm Tim O'Brien, and I'm the senior executive editor at |
| 0:13.8 | Bloomberg Opinion. On our platform we ask tough questions and solve complex |
| 0:18.1 | problems with the facts in mind. Because context changes how you see things and |
| 0:22.4 | how you change things. |
| 0:23.6 | Context changes everything. |
| 0:25.6 | Start exploring our opinion coverage and more at Bloomberg.com. |
| 0:28.8 | subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:43.4 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:47.8 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. |
| 1:02.4 | Dropping by the Bloomberg Studio here in New York City as Ham Banhold's |
| 1:05.3 | uni Credit Bank Chief US Economist and he joins us now good morning to your |
| 1:09.4 | harm. |
| 1:10.4 | We could paint a very gloomy picture the IMF cutting its global outlook for growth the IEA saying that oil prices are in the red zone and then I look at the Atlanta Fed |
| 1:19.9 | GDP tracker forecasting 4% Are things that bad? |
| 1:24.4 | No things are not that bad. There are a lot of risk on the horizon and the IMF also reminded us that the |
| 1:29.2 | that the balance of risk has shifted to the downside, but I mean even 3.7% growth the new |
| 1:35.0 | forecast is not is not that bad right and certainly in the US things look an awful |
| 1:41.4 | lot better. |
| 1:43.3 | But I would like to add mostly thanks to a stimulus which supports an economy that is running |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.