It’s really hard to kill cockroaches. Stamping on them, chopping off their head and even flushing them down the toilet won’t work. Much like cryptocurrency—an industry which, despite some recent setbacks, seems able to bounce back when you least expect it.
00:00 Why crypto is like cockroaches
00:25 Crypto is soaring
00:48 Why is crypto so hard to kill?
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More on our cockroach theory of crypto: https://econ.st/3OeZqxb
Decoding Sam Bankman-Fried: https://econ.st/3HwCzcP
More on the fall of crypto bosses: https://econ.st/3HyebHG
,News,News & Politics,dSvc6GCtC5o,UC0p5jTq6Xx_DosDFxVXnWaQ, Politics,Society, channel_UC0p5jTq6Xx_DosDFxVXnWaQ, video_dSvc6GCtC5o,America feared that letting Ukraine use US weapons (https://www.economist.com/topics/ukraine?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) to attack far-off targets in Russia would escalate the conflict. Why has President Joe Biden finally changed his mind? Markets soared (https://www.economist.com/leaders/2024/11/14/whats-about-to-hit-the-world-economy?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) when Donald Trump was elected, but the longer-term impact of Trumponomics may be less positive (9:42). And why airships are back (https://www.economist.com/science-and-technology/2024/10/30/airships-may-finally-prove-useful-for-transporting-cargo?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) in our skies (18:12).
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,1,Why are two old, unpopular men the main candidates for the world’s most demanding job? It’s the question John Prideaux, The Economist’s US editor, gets asked the most. And the answer lies in the peculiar politics of the baby boomers.
Since 1992, every American president bar one has been a white man born in the 1940s. That run looks likely to span 36 years - not far off the age of the median American. This cohort was born with aces in their pockets. Their parents defeated Nazism and won the cold war. They hit the jobs market at an unmatched period of wealth creation. They have benefitted from giant leaps in technology, and in racial and gender equality.
And yet, their last act in politics sees the two main parties accusing each other of wrecking American democracy. As the boomers near the end of their political journey, John Prideaux sets out to make sense of their inheritance and their legacy.
Launching July 2024.
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,1,On July 4th Britain will have a general election, one in which is widely expected to result in dramatic losses for the ruling Conservative party. If so, it would bring to an end 14 years of Tory rule. It’s been a turbulent period; the twin catastrophes of Brexit and Covid, set to the grinding and gloomy mood music of the 2008 financial crash. The Economist’s Andy Miller travels up and down the country, to the towns and cities shaped by these events, to get a sense of how Britain is feeling.
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,1,America’s president had one primary task at last night’s debate: to close down speculation about his mental faculties. It went so poorly (https://www.economist.com/united-states/2024/06/28/joe-bidens-horrific-debate-performance-casts-his-entire-candidacy-into-doubt?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) his whole campaign is now in doubt. Tentative results from a newish instrument give tantalising hints (https://www.economist.com/science-and-technology/2024/06/19/the-dominant-model-of-the-universe-is-creaking?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) that the leading theory on the universe’s makeup might need reworking entirely (10:20). And bullfighting moves from literal arenas to the political arena (https://www.economist.com/culture/2024/05/29/bullfighting-is-under-attack?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) (18:40).
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,1,It’s really hard to kill cockroaches. Stamping on them, chopping off their head and even flushing them down the toilet won’t work. Much like cryptocurrency—an industry which, despite some recent setbacks, seems able to bounce back when you least expect it.
00:00 Why crypto is like cockroaches
00:25 Crypto is soaring
00:48 Why is crypto so hard to kill?
Sign up to our weekly finance newsletter to keep up to date: https://econ.st/3P3zTG8
Listen to our Money Talks podcast: https://econ.st/3Sa2gEY
Read more of our finance stories: https://econ.st/48PSZsP
More on our cockroach theory of crypto: https://econ.st/3OeZqxb
Decoding Sam Bankman-Fried: https://econ.st/3HwCzcP
More on the fall of crypto bosses: https://econ.st/3HyebHG
