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Slate Money

The “Horse Loose in A Hospital” Edition

Slate Money

Slate Podcasts

Business, Investing

4.11.1K Ratings

🗓️ 2 February 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

On this week’s episode, Anna, Emily, and Felix discuss OFAC sanctions against Venezuela, Fed rates, and PG&E officially filing for bankruptcy.

In the Slate Plus segment: could Apple be Facebook’s best regulator? Email: slatemoney@slate.comTwitter: @felixsalmon, @Three_Guineas,@EmilyRPeck

Podcast production by Max Jacobs.

Listen to Slate Money via Apple Podcasts, Overcast, Spotify, Stitcher, or Google Play.

This episode is brought to you by the following advertisers:

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Transcript

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0:00.0

Hello!

0:12.8

Welcome to the Horse Lucinor Hospital edition of Slate Money, your guide to the business and finance news of the week.

0:21.1

I'm Felix Salmon of Axios.

0:22.7

I'm joined by Anna Shemansky.

0:24.5

Hello.

0:25.0

The woman with much expertise on matters emerging market, those areas of expertise are going to be in high demand this week.

0:34.7

I'm joined by Emily Peck of the Huffington Post.

0:36.8

Hello.

0:38.0

Who is going to talk about horses loose in hospitals. We are going to talk about the Fed,

0:45.2

which to no one's surprise failed to raise rates this week, but to the market surprise kind

0:53.1

of signal that it wasn't going to raise rates at all any time soon.

0:56.1

That's a big deal. We are going to talk about PG&E, which is this massive utility company in California, which just declared, well, filed for bankruptcy, I should say, even though it is solvent because climate change. So how on

1:12.5

earth to unravel that is a fascinating question. And also, we are going to talk about the U.S.

1:19.8

Treasury and how it is throwing its weight around in the White House and the Justice Department.

1:24.3

And are we entering a whole era of U.S. hegemony and power

1:30.2

that, likes of which the world has not seen for, oh, decades. It's kind of an, Emily is shaking

1:38.8

her head. Emily is saying that she doesn't think so. We are going to un-tease all of these

1:43.9

things, and we are going to talk about

1:45.4

OFAC because we get to talk about OFAC and that's how nerdy we are.

1:49.3

And we are going to talk about Venezuela because we love to talk about Venezuela on this show.

1:52.8

So if that's not enough of you, we have an entire Slate Plus segment on Facebook's newest and most powerful regulator, which is...

2:01.7

Apple!

...

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