The China Problem
Slate Culture Feed
Slate Podcasts
4.2 • 2K Ratings
🗓️ 15 April 2023
⏱️ 53 minutes
🧾️ Download transcript
Summary
Felix Salmon, Emily Peck, and Elizabeth Spiers go over China’s expanding role in the international debt market. They discuss a new problem with the American mortgage system, and dive into the wild world of the collectibles market.
In the Plus segment, Rupert Murdoch’s email divorce.
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Podcast production by Patrick Fort.
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Transcript
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| 0:00.0 | Hello and welcome to the China Problem episode of Slate Money, your guide to the business |
| 0:16.9 | and finance news of the week. I'm Felix, I'm an Axios, here with Emily Peck of Axios. |
| 0:22.5 | Hi. |
| 0:23.5 | With Elizabeth Spires of New York Times and other places. |
| 0:28.0 | Hello. |
| 0:29.2 | And we are going to talk about China. We're going to talk about how they seem to be throwing a |
| 0:34.2 | spanner in the works of international sovereign debt restructuring. We are going to talk about |
| 0:40.4 | collectibles and why people are spending tens of thousands of dollars on videotapes of rocky. |
| 0:47.3 | We are going to be talking about mortgages and why a whole bunch of people who should really be |
| 0:52.6 | able to get a mortgage, can't get a mortgage. We have a Slate Plus segment about Rupert Merdoch, |
| 0:59.6 | which presages this coming Monday's Slate Money Succession. It's all coming up on Slate Money. |
| 1:11.8 | This episode is brought to you by Shopify. That's what I hear when I make another sale on Shopify. |
| 1:18.2 | The all-in-one commerce platform that allows you to start, run and grow your business. |
| 1:23.8 | Shopify is revolutionising millions of businesses worldwide. So sign up for a £1 per month trial |
| 1:30.6 | period at shopify.co.uk slash podcast 23 all lowercase and take your business to the next level |
| 1:39.6 | today. Sometimes running a business can feel like taking a penalty in front of all your mates. |
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| 2:02.8 | With an over-eared kick. Dream bigger, search zero with an ex. Zero, proud partner of England |
| 2:08.5 | women and the FIFA Women's World Cup 2023. So let's start with sovereign debt because that's |
| 2:16.4 | always my favourite subject and specifically countries that are in debt trouble that have |
... |
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