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Big Picture Retirement®

Talking Trade Wars with David Stein [ENCORE]

Big Picture Retirement®

Devin Carroll

News, Business News, Investing, Business

4.7546 Ratings

🗓️ 24 December 2018

⏱️ 28 minutes

🧾️ Download transcript

Summary

David Stein, host of the Money For The Rest of Us podcast, will explain the importance of trade, and how the trade, and trade wars, might impact you and your retirement.

For more information, visit the show notes at http://www.bigpictureretirement.net/103

Transcript

Click on a timestamp to play from that location

0:00.0

The Big Picture Retirement Show does not provide specific tax, legal, or financial advice.

0:05.1

Listeners are encouraged to seek out their own advisors in these areas.

0:13.3

Hello, Big Picture Retirement listeners. I am Steve Stewart, the engineer for the show.

0:17.9

What are you doing here? Devin and John are vacationing. They're on holiday.

0:22.3

They are gone for Christmas and New Year's. But I appreciate you coming in and checking in on me.

0:27.0

I guess I'm the only one working today. But since you're here, why don't we go ahead and bring back

0:31.3

one of the most interesting and popular episodes of the past year. This encore presentation is Talking Trade Wars with David Stein.

0:41.4

David Stein is the host of The Money for the rest of his podcast.

0:44.5

In this episode, you're going to learn the importance of trade

0:47.3

and what trade and trade wars might mean for you.

0:52.1

So here we go.

0:57.4

Kevin, you know when I was getting my undergraduate degree in accounting, we were required to take three semesters of economics. Macro, micro,

1:06.6

and then an elective, an upper level elective. Sounds familiar. My upper level elective was international economics.

1:15.2

Oh, yes.

1:16.3

You bit one off, didn't.

1:17.3

International economics.

1:18.9

Our professor was from South America somewhere.

1:21.5

And I don't remember where this was actually his first year to teach in America.

1:26.6

And I sat at the front of the room because that's the kind of nerd I am.

1:31.6

Anyway, he was a nice guy.

1:33.7

I did well enough in the course, but I tell you, I don't remember a lot of it.

1:39.2

Yeah.

...

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