meta_pixel
Tapesearch Logo
Log in
Viewsroom

Viewsroom: Big trouble ahead

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 30 April 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

Breakingviews columnist and founder Hugo Dixon discusses his column with Rob Cox on how taxpayer-funded bailouts are likely to encourage excessive risk-taking in the future and provoke new populist backlashes when the bills need to be paid. Also, where’s Kim Jong Un? See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hear that? It's your big McDonald's hunger calling, because the Big Arch is back, and this time it's here to stay with juicy beef, cheddar cheese and that Big Arch sauce.

0:09.9

Hungry, you are now.

0:11.6

Order delivery on the McDonald's app.

0:15.0

Serve from 11am, upcharges and fees apply to delivery orders.

0:17.9

Subjects availability, price and participation may vary.

0:19.9

The views expressed on this podcast are those of the participants, not of Roiders' News.

0:29.9

Welcome to The Views Room, a weekly podcast brought to you by Reuters' breaking views.

0:34.3

I'm Rob Cox coming to you from where where else my home in Zurich, Switzerland.

0:42.6

This week, I spoke to my former boss and our illustrious co-founder, Hugo Dixon, who's hold up in London. Hugo wrote a great column this week, detailing how taxpayer-funded bailouts

0:47.9

in response to the pandemic are likely to encourage excessive risk-taking in the future.

0:52.8

This may provoke new populist backlashes when the bills need to be paid.

0:57.0

Yet unlike during the 2008 financial crisis, there's little talk of so-called moral hazard.

1:03.0

That seems to be because those receiving bailouts now were not to blame for the emergence of COVID-19

1:09.0

in the same way that banks were partly culpable for the previous

1:11.9

financial crisis. But support packages are so far reaching that many who don't meet the obvious

1:17.6

definition of poor and deserving are going to get cash. What's more if investors, companies and

1:23.0

countries think a sugar daddy will always ride to the rescue, they will take less care to manage

1:27.4

their finances conservatively in the future.

1:30.1

I also checked in with Pete Sweeney in Hong Kong to discuss the strange public absence of North Korea's leader.

1:37.8

Kim Jong-un says Pete is as unnerving in absentia as he is in person.

1:42.9

Take a listen.

1:45.3

Welcome, Hugo. Great to have you back on the team writing some pretty interesting and

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.