The following podcast contains explicit language.

Hello, and welcome to the five-star sandwich edition of sleep. money, your guide to the business and finance news

of the week. We have new governments all over southern Europe. We have a new government in Italy.

We have a new government in Spain. We have Donald Trump tweeting out the jobs report before it even

happened, which I'm sure has to break.

I have no idea how many rules. We're not even going to talk about. Are we going to talk about that?

I have no idea. We're definitely going to talk about sandwiches because obviously, you know, I'm English.

I like my sandwiches. Sandwiches, it turns out, are worth billions of dollars. Yay, good for sandwiches.

Torto is a sandwich. A hot dog is not a sandwich. We are having debates about falafels.

We are going to talk about the Volker Rule, which is being changed. It is going to be

changed from one thing to another thing. And lefty types, I'm hoping

that Emily Peck is going to be a lefty type here. Wow. Lefty types are going up in arms.

You were up in arms about the Volcker Rule?

In a middling arm state. I'm kind of, my arms are sort of dangling over the table right now, but they're not

all the way in the air. So we're going to talk about that and whether, whether there's any

reason for distress, panic, or other forms of visible running around in circles. But Anna Shemanski,

being here and being the expert on all, like,

crazy fucked up countries, you can tell us what is going on in Italy, because we had like

genuine market turmoil this week. Okay. So when you're talking about what happened in Italy this past week,

there are two things. There's a fundamental issue and there's a technical issue. We can first

get into the fundamental issue a little bit, which is that you have a populist government that

have been elected in Italy, which was this coalition between this far right league and the far left five-star

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