Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

An ‘Outrageous’ Prediction That American Capitalism Is Ending with Steen Jakobsen

An ‘Outrageous’ Prediction That American Capitalism Is Ending with Steen Jakobsen

FromMerryn Talks Money


An ‘Outrageous’ Prediction That American Capitalism Is Ending with Steen Jakobsen

FromMerryn Talks Money

ratings:
Length:
63 minutes
Released:
Jan 5, 2024
Format:
Podcast episode

Description

Saxo Bank has published the latest in its annual series of “outrageous predictions,” and among the bigger calls is that American capitalism is ending. As US debt spirals ever upwards, the federal government will have to make government bonds tax-free, according to Chief Investment Officer Steen Jakobsen, who joins this week’s Merryn Talks Money to discuss the list. “The hand of government is just getting heavier and heavier,” he says.Other predictions include a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two percent European Union wealth tax.See omnystudio.com/listener for privacy information.
Released:
Jan 5, 2024
Format:
Podcast episode

Titles in the series (84)

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices. Every Friday starting December 9th. From Bloomberg Podcasts.