Argentina: An economic and now, political car crash. Its worse than you think Image

Argentina: An economic and now, political car crash. Its worse than you think

28 September 2023 - 36 mins
Podcast Series The David McWilliams Podcast

How does one of the richest economy of the 19th century blow it? What are the lessons for the rest of us? As the saying goes, “The road to ruin is shorter than you think”. How does a good country go bad? And now that Argentina has completely come off the rails, can its be saved or is it about to become a "failed state"? If it does, could the Argentinean virus spread to the rest of Latin America? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

Hosted on Acast. See acast.com/privacy for more information.

36 mins

Series Episodes

Is Central Asia the Next Front Line of Global Power? with Peter Frankopan

Is Central Asia the Next Front Line of Global Power? with Peter Frankopan

Leaving the US after weeks on the road, we zoom out from New York and Washington and asks a question we almost never ask in Europe: what if the real future of geopolitics isn’t in Brussels, Beijing or DC, but in Central Asia? To get there, we bring in historian Peter Frankopan, author of The Silk Roads, to map the region we lazily call “the Stans”; Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan and Turkmenistan, plus Afghanistan, Iran and their neighbours. Together we unpack why this vast strip of land, once the beating heart of the Silk Roads, is suddenly back at the centre of the global game: home to huge reserves of oil, gas, uranium, rare earths and critical minerals, a young and growing population, and wedged between Russia, China, India, Pakistan and Iran. We hear how Central Asian states are learning to play everyone off against everyone and why the new Great Game isn’t a neat East vs West story at all. If the world is getting more dangerous, more digital and more fragmented, what does it mean that Ireland is the EU’s weak link on defence, with tiny cyber budgets, under-protected seabed cables and a very cosy version of neutrality? Hosted on Acast. See acast.com/privacy for more information.

38 mins

27 November Finished

Why Can’t the West Build Anymore?

Why Can’t the West Build Anymore?

Reporting from New York, with a Bitcoin slump at his heels and the Hollywood-launch buzz of Money: A Story of Humanity still in the air, we dive into one of the most important economic questions of 2025: why can America, Ireland, and Britain no longer build the infrastructure that made them great? From the riveted, soot-stained genius of the New York subway to China’s ability to throw up a hospital in ten days, we explore a new way of understanding global power: engineers vs. lawyers. Guided by Dan Wang’s Breakneck, we trace how China’s engineer-run state builds at breakneck speed while lawyer-dominated America litigates itself into paralysis, and how Ireland, with a Dáil stuffed with talkers rather than doers, finds itself in the same boat. We dig into the numbers, the politics, the personalities, and the quiet collapse of Western state capacity. If the people running your country don’t know how to build, how can the country itself ever hope to? Hosted on Acast. See acast.com/privacy for more information.

39 mins

25 November Finished

Is $4,000 Gold the First Crack in the Fiat Era?

Is $4,000 Gold the First Crack in the Fiat Era?

Broadcasting from under the Hollywood sign in the middle of a rare Californian downpour, we follow the water straight into the gold. Starting with LA as a city built on pure imagination, we jump back to the original gold rushes that reshaped the map: California in 1849, the Australian fields, the Klondike, and the deep shafts of South Africa. We meet Johann Sutter and the prospector who accidentally ruined his carefully built New Helvetia, the pioneers who turned empty coasts into booming economies, and the engineers and chemists who turned raw gold into the backbone of the 19th-century gold standard, global trade, and the first great age of financialisation. More recently, we ask why is gold nudging $4,000 an ounce? Why are central banks loading up on bullion again? Is this a bet against the dollar, a sign of geopolitical jitters, or the start of a new monetary era as fiat money and the old globalisation order creak? From mudslides in Malibu to vaults in Fort Knox, this episode is all about gold, what it did to the world before, and what its new surge might be telling us now. Hosted on Acast. See acast.com/privacy for more information.

31 mins

20 November Finished

Hollywood, Soft Power & Ireland’s Anti-American Left?

Hollywood, Soft Power & Ireland’s Anti-American Left?

Reporting from West Hollywood, in a rock ’n’ roll hotel with no parties and no drugs as house rules. We take a walk down Sunset Boulevard and into the strange engine of L.A.: a city built almost entirely on imagination, storytelling and constant reinvention. From Mulholland’s aqueduct to the studios that wrote America’s myths, we asks: what does a place like this tell us about capitalism, churn and the Uber-ised, gigged-out modern economy? From there, we fly back into something touchier: Ireland’s relationship with the United States. We lay out just how dependent Ireland is on U.S. investment, jobs and tax, and then ask why so much of the Irish left, especially what he calls the “presidential left”, is reflexively anti-American. We unpack third-worldism, neutrality as moral performance, climate politics as a Trojan horse, and the growing gap between Áras rhetoric and how ordinary Irish people actually live, work and travel in a world where America is still our best friend Hosted on Acast. See acast.com/privacy for more information.

47 mins

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37 mins

13 November Finished

The Tech Crash, The Demographic Time Bomb, and Ireland’s Future 40

The Tech Crash, The Demographic Time Bomb, and Ireland’s Future 40

A tech bubble always feels rational until it doesn’t, as Wall Street fuses with Silicon Valley and the entire American economy becomes a single hyper-leveraged bet on AI, we trace the early tremors: falling job numbers, concentration of risk, a market propped up by story over profit. The real shock comes at home, Ireland’s new Future 40 report quietly maps out a country sleepwalking into decades of slower growth, soaring age-related costs, and a housing crunch that will outlive an entire generation. The proposed solution currently is to import more workers into a market that can’t house the people already here. We break down the numbers, the politics, and the intergenerational showdown now shaping Ireland’s future, a collision of tech mania, demographic reality, and a state betting tomorrow on the backs of the young. Hosted on Acast. See acast.com/privacy for more information.

39 mins

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