The Man Who Broke the Global Economy
The David McWilliams Podcast
David McWilliams
4.6 • 701 Ratings
🗓️ 30 June 2026
⏱️ 42 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
Alan Greenspan just died at 100, and he might be the most consequential person of the last 30 years that nobody talks about. We unpack the wild story of the jazz clarinettist turned Fed chairman, the Ayn Rand cult he came from, the "Greenspan Put" that quietly rigged Wall Street, and why his fingerprints are all over Ireland's 2008 crash. Plus a strange historical twist: was Alan Greenspan related to the Jewish teenager whose shooting triggered Kristallnacht?
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Transcript
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| 0:00.0 | On today's podcast, we're going to talk about the United States. |
| 0:03.0 | It's part of our series, which is being, at least we're genuflecting to the World Cup. |
| 0:09.0 | But more importantly, it's on the legacy of Alan Greenspan on the economy of the United States. |
| 0:14.7 | The man who was the longest ever serving head of the Federal Reserve. |
| 0:19.3 | He died last week at the age of 100. |
| 0:21.2 | We want to assess his legacy, |
| 0:24.3 | the consequences of him |
| 0:26.0 | and his ideology, |
| 0:28.4 | which we can call Greenspanism. |
| 0:30.4 | That's all coming up in a couple of minutes. |
| 0:33.7 | To understand the economy, |
| 0:35.8 | you have to understand human nature. |
| 0:39.8 | This podcast is powered by ACAST. |
| 0:45.4 | How are you doing there? |
| 0:46.7 | It is time for the podcast and we are sticking with our, |
| 0:50.7 | it seems that you're liking it, Our World Cup themed podcasts today and Thursday, we are going to look at the host nation, |
| 1:01.8 | the world's most important economy, the United States of America. |
| 1:06.6 | Their team is doing much better than people thought they were under Pocitino, that great |
| 1:12.3 | Argentinian manager, who may well be back in the premiership John at some stage. |
| 1:17.3 | Oh, what have you heard? |
| 1:18.9 | Well, you know, my sources, which are basically watching RTE or ITV, they're very, very exclusive |
| 1:24.3 | and they're very well. |
... |
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