Slate Money - The Backwardation Edition
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 18 May 2019
⏱️ 39 minutes
🧾️ Download transcript
Summary
This week, Slate Money discusses the question of land redistribution in South Africa, the future of real estate broker fees and goes deep on the economics of oil.
And in the Slate Plus segment: The Koons Rabbit that just sold for $91 million.
Email: slatemoney@slate.comTwitter: @felixsalmon, @Three_Guineas,@EmilyRPeck,
Podcast production by Jessamine Molli.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Hello, welcome to the backwoodation edition of Slate Money, your guide to the business and finance news of the week. |
| 0:21.3 | My name is Felix Hammond. |
| 0:23.2 | I work at Axios. |
| 0:24.7 | I have here, Emily Peck for Huffington Post. |
| 0:27.4 | Hello. |
| 0:27.9 | And Anna Shamansky, who loves nothing more than backwoodation. |
| 0:31.9 | That's true. |
| 0:32.7 | Anna is going to tell us what that quotation is. |
| 0:38.9 | We are going to talk about the oil market. |
| 0:41.6 | You may have been reading headlines about war drums in the Gulf and all manner of possible war between the U.S. and Iran. |
| 0:52.0 | So we're going to talk about that and whether it has any effect on the price of oil. |
| 0:55.7 | And even if it does have an effect on the price of oil, whether anyone should care. |
| 0:59.2 | We are going to talk about South Africa and whether they're going to expropriate land |
| 1:05.6 | from the white lion owners who own most of the land right now and try and get it into the hands |
| 1:10.4 | of the majority black population. We are get it into the hands of the majority |
| 1:11.2 | black population. We are also going to talk about home buying and why it's so expensive or more |
| 1:18.3 | to the point home selling and why that is so expensive. And is there any chance that those 6% |
| 1:23.6 | broker fees are going to go away anytime soon? We are even going to have a Slate Plus |
| 1:29.2 | segment for you lovely Slate Plus members all about a Jeff Coon's rabbit. All of that coming up |
| 1:37.6 | on Slate Money. So let's talk about South Africa where it's chaos right now in politics. |
| 1:46.7 | Or, I mean, there's always chaos in politics and South Africa. |
| 1:49.1 | Emily is just like, nah, it's just business as usual. |
... |
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