The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point...
The Prosperity Paradox: Ireland’s Boom, Europe’s Bust, and the Price of Success
Ireland’s economy is booming, bolstered by its close ties to the American economic engine. But beneath the shine of GDP growth and high living standards lies a stark reality: a growing gap between standard of living and quality of life. Why are Irish families delaying children longer than any other in Europe? Why hasn’t Ireland used its wealth to solve fundamental issues like childcare, housing, and commutes? In this episode, we explore the divergence between the U.S. and European economies, shedding light on why Ireland is an economic outlier. Drawing on research from Money: A Story of Humanity, we discuss the driving forces behind American innovation, Europe’s struggles with productivity, and how Ireland’s successes mask deeper societal challenges. From satellite images of city luminescence to Belgium’s clever solutions to vacant housing, this is a conversation about the paradox of prosperity—and what happens when governments fail to plan for the future. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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34:40
What's Next for Syria?
The fall of Assad’s 50-year regime marks a pivotal moment in Middle Eastern history, but what happens next? In this episode, we connect the dots between the collapse of Syria’s government, the geopolitical power vacuum left behind, and the ripple effects across Europe. Drawing from decades of history, including parallels to regime changes from Saddam Hussein to Gaddafi, we examine the roles of Russia, Iran, Hezbollah, and the jihadist HTS in shaping Syria’s uncertain future. Taking notes from The Great War for Civilisation by Robert Fisk for historical insights into Middle Eastern geopolitics, unpack the complexities of migration patterns, and analyse how rising far-right movements—from Marine Le Pen in France to the AFD in Germany—could destabilise Europe's political landscape further. With millions displaced and Europe bracing for another wave of desperate migrants, this episode explores the intersection of history, politics, and human resilience. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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34:59
The Economics of the Miracle on 34th Street
Santa exists because the people will it to exist"—a lovely line from The Miracle on 34th Street sets the stage for this episode's deep dive into Bitcoin hitting the monumental $100K mark. But is Bitcoin really money? Or just a speculative asset fuelled by belief and lobbying? As we explore the parallels between wampum shells, tulip bulbs, and digital currencies, we unravel the irony of Bitcoin’s journey from anti-establishment rebellion to Wall Street darling. Is this the dawn of a MAGA-backed financial revolution, or a precarious bet on an apocalyptic future where the dollar falters? And what happens when speculative euphoria meets institutional leverage? From New York’s vibrant streets to its historical roots as a trading hub, we examine how faith—whether in Santa Claus, Bitcoin, or the dollar—has always been the driving force behind the world’s currencies. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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35:26
National Capitalism: A New Era of Economic Survival?
As the global financial system shifts under the weight of geopolitical tensions and Chinese economic policy reversals, Russell Napier introduces a concept that could redefine the next decade: National Capitalism. This podcast unpacks the startling implications of a system where governments force domestic savings to fund national priorities, effectively ending the free flow of global capital. With 57.2 trillion USD in U.S. assets owned by foreigners and 77% of U.S. GDP reliant on external creditors, the stakes are higher than ever. Could rising Chinese inflation, a faltering U.S. debt system, and Europe’s internal pressures spark a new financial architecture? From how Ireland might adapt to a national savings mandate to whether young people could finally claw back wealth from older generations, this episode dives into the economic, generational, and geopolitical ripple effects of a post-globalist world. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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37:11
Syrian Warnings,Irish Limitations, Japanese Solutions
As Ireland inches toward a new government, the housing crisis dominates the agenda. But what if the solution lies not in political reshuffling, but in taking inspiration from unexpected places—like Japan? With Tokyo building 145,000 homes in a single year compared to London’s mere 38,000, we explore how rethinking urban density, bulldozing outdated planning laws, and embracing modular innovation could transform Ireland's housing landscape. Why are Anglophone nations stuck at 400 homes per 1,000 residents, while their European counterparts boast 560? We dive into the cultural shifts, global comparisons, and the collective effort required to address this disparity—arguing that it’s time to abandon our obsession with old, draughty houses and embrace a bold new vision. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and complicated by so many.I’ve always thought what is complicated is rarely important and what is important is rarely complicated.That will be our motto.Every week we are going to tease out some big economic or political issue facing us, not just here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan.If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast.If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams.
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.