Trans Atlantic 009 - Corona Catalyst: Bailout Redux & Financial Apocalypse

The greatest financial bailout in history is underway. 2008 on steroids. Catalysed by the Coronavirus. Stephen goes into a deep dive about how the US got here, how history seems to repeat itself and what could come next.

Show notes

  1. “Trump’s coronavirus failures? Thank Ronald Reagan” by Naomi Oreskes & Erik M. Conway for The Los Angeles Times / Posted: April 9, 2020

    https://www.latimes.com/opinion/story/2020-04-09/op-ed-trumps-coronavirus-failures-thank-ronald-reagan

  2. “The state we’re in: will the pandemic revolutionise the role of government?” by Julian Borger for The Guardian / Posted: April 26, 2020

    https://www.theguardian.com/us-news/2020/apr/26/government-state-role-pandemic-coronavirus

  3. “Reagan Did It” by Paul Krugman for The New York Times / Posted: May 31, 2009

    https://www.nytimes.com/2009/06/01/opinion/01krugman.html

  4. “Let’s put ‘Reaganomics’ to rest” by Brad Bannon for The Hill / Posted: April 6, 2020

    https://thehill.com/opinion/white-house/491348-lets-put-reaganomics-to-rest

  5. “Resetting the Bomb” by Matt Taibbi / Posted: April6, 2020

    https://taibbi.substack.com/p/resetting-the-bomb

  6. “The Fed Bailed Out the Investor Class without spending a Cent” by David Dayen for The Intercept / Posted: May 27, 2020

    https://theintercept.com/2020/05/27/federal-reserve-corporate-debt-coronavirus/

  7. “Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It” by Emily Flitter & Peter Eavis for The New York Times / Posted April 24, 2020

    https://www.nytimes.com/2020/04/24/business/coronavirus-bailouts-buybacks-cash.html

  8. “The Stock Buyback Binge May Be Over. For Now” by Matt Phillips for The New York Times / Posted: March 24, 2020

    https://www.nytimes.com/2020/03/24/business/coronavirus-stock-buybacks.html

  9. “Debunking the Reagan Myth” by Paul Krugman for The New York Times / Posted: Jan 21, 2008

    https://www.nytimes.com/2008/01/21/opinion/21krugman.html

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