The Bureaucrats Gone Wild Edition
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 27 May 2017
⏱️ 48 minutes
🧾️ Download transcript
Summary
Felix Salmon of Fusion, emerging-markets expert Anna Szymanski, and Slate Moneybox columnist Jordan Weissmann discuss corruption in Brazil, US fracking and the effects on OPEC, and Paul Romer's war on bankspeak.
Check out other Panoply podcasts at megaphone.fm.
Email: slatemoney@slate.com
Twitter:@felixsalmon,@Three_Guineas, @JHWeissmann
Production by Daniel Schroeder
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:11.0 | Hello, and welcome to the bureaucrats gone wild edition of Slate Money, your guide to the business and finance news of the week. It's been a |
| 0:24.8 | busy week. The president of the United States has been jetting all over the world, including |
| 0:30.9 | to Saudi Arabia. We're going to talk about what exactly is going on there. We're going to talk |
| 0:36.1 | about Saudi Arabia at the oil price |
| 0:38.6 | and what that has to do with venture capitalists and private equity types in the United States. |
| 0:45.8 | It's all connected. We are going to talk also about the World Bank and specifically its chief |
| 0:53.0 | economist Paul Roma and his war against what is known as |
| 0:57.3 | bank speak. I'm going to want to listen to some of this bank speak. It's kind of awesome stuff. |
| 1:03.7 | So that's all to come. I am Felix Hammond of Fusion. We are joined as ever by Anna Shemansky and |
| 1:10.5 | Jordan Weissman. |
| 1:11.3 | Hello, people. |
| 1:12.0 | Hello. |
| 1:13.3 | And I think that first, we should talk about Brazil. |
| 1:19.7 | I think so. |
| 1:20.3 | I think we should. |
| 1:21.2 | So why are we talking about Brazil? |
| 1:23.1 | We are talking about Brazil because over the past few weeks, another president with very low |
| 1:30.0 | approval ratings facing calls for resignation and possible impeachment as a result of corruption |
| 1:36.7 | allegations has been in the news. And this is in fact, Michelle Tamar. The current president of |
| 1:41.6 | Brazil, who's been implicated in an ongoing corruption scandal after an audio tape was released, appearing to prove that he had sanctioned a number of bribe payments. |
| 1:54.6 | Now, I mean, he hasn't been president very long. |
... |
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