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The Moody Blues: No More Finance Bros in LA
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Manage episode 484100013 series 2507859
Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This week, we’re keeping one eye on Wall Street and the other on a canal in Dublin. Moody’s just downgraded the United States' credit rating, a move that quietly confirms what most won’t say out loud: America’s debt-fuelled growth is unsustainable, and interest payments are now outpacing military spending. Meanwhile, back home, a row of cottages literally collapsed, not abandoned, but owned by the very people lobbying to fix Ireland’s housing crisis. In a country where average rents just passed €2,000. In this episode, we tie it all together: the real consequences of debt, the performative hypocrisy at the top, and how property in Ireland has become a parasitic asset, not a social good. From Donald Trump’s inflationary tariff plans to the Irish State’s inability to enforce basic upkeep, we’re watching the scaffolding of credibility, financial and moral, fall away.
…
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.
565 episodes
MP3•Episode home
Manage episode 484100013 series 2507859
Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This week, we’re keeping one eye on Wall Street and the other on a canal in Dublin. Moody’s just downgraded the United States' credit rating, a move that quietly confirms what most won’t say out loud: America’s debt-fuelled growth is unsustainable, and interest payments are now outpacing military spending. Meanwhile, back home, a row of cottages literally collapsed, not abandoned, but owned by the very people lobbying to fix Ireland’s housing crisis. In a country where average rents just passed €2,000. In this episode, we tie it all together: the real consequences of debt, the performative hypocrisy at the top, and how property in Ireland has become a parasitic asset, not a social good. From Donald Trump’s inflationary tariff plans to the Irish State’s inability to enforce basic upkeep, we’re watching the scaffolding of credibility, financial and moral, fall away.
…
continue reading
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.
565 episodes
All episodes
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