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Bloomberg's Tracy Alloway and Joe Weisenthal on how this crisis is different from '08

Bloomberg's Tracy Alloway and Joe Weisenthal on how this crisis is different from '08

FromThe Scoop


Bloomberg's Tracy Alloway and Joe Weisenthal on how this crisis is different from '08

FromThe Scoop

ratings:
Length:
52 minutes
Released:
May 5, 2020
Format:
Podcast episode

Description

We are going to rewind the clock on this episode of The Scoop with the Odd Lots team, Bloomberg's Tracy Alloway and Joe Weisenthal.
The podcast duo – whose combined time covering global financial markets spans more than three decades – take us back to their times at the FT's Alphaville and The Business Insider, respectively, where they covered the 2008-2009 financial crisis. 
In this episode, the podcasters become the "podcast-ees." The episode explores how there are parallels between the dearth of reporters at the cutting edge of the repo markets and blind spots in today's coverage of the coronavirus.
We also dive into:

The differences between the structural problems as revealed by the 2008 financial crisis and the COVID-19-linked crisis.

How the government's inability to funnel money to Main Street reveals the issues underpinning our financial plumbing, and how those issues could make Universal Basic Income more of a mainstream policy prescription in the U.S. 

Why cash in people's pockets during a crisis is a good thing.

How this crisis might result in a shift in how we think about capitalism, whereas the last crisis resulted in a shift in the way we think about risk.

How bitcoin and Modern Monetary Theory (MMT) aren't as different as some pundits might think.

Why we shouldn't sleep on equity analyst research.


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Released:
May 5, 2020
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.