Governments spent trillions of dollars in 2020 tackling the pandemic while propping up businesses and households. But the unprecedented expenditure has awakened real concern about such high levels of borrowing. World Bank Chief Economist Carmen Reinhart says we should worry about winning the war first and how to pay for it later. She joins host Stephanie Flanders to discuss why policymakers shouldn't confuse rebound with recovery, and how a slow rollout of vaccines may cut global growth in half this year. 

Flanders also speaks with Bloomberg Economics’ Jamie Rush about the real cost of all that borrowing. And Bloomberg Businessweek Economics Editor Peter Coy looks at the parallels between the current crisis and that of the 1920s, and how this decade could be just as roaring. 

Governments spent trillions of dollars in 2020 tackling the pandemic while propping up businesses and households. But the unprecedented expenditure has awakened real concern about such high levels of borrowing. World Bank Chief Economist Carmen Reinhart says we should worry about winning the war first and how to pay for it later. She joins host Stephanie Flanders to discuss why policymakers shouldn't confuse rebound with recovery, and how a slow rollout of vaccines may cut global growth in half this year. Flanders also speaks with Bloomberg Economics’ Jamie Rush about the real cost of all that borrowing. And Bloomberg Businessweek Economics Editor Peter Coy looks at the parallels between the current crisis and that of the 1920s, and how this decade could be just as roaring.

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

Who will win the trade war, and how? If the job market is so strong, why does your paycheck seem so meager? What will drive the economy of the future? Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders, will take listeners on location each week to answer questions like these and bring the global economy to life.

Trumponomics

World Bank's Reinhart Says Win Covid War First, Pay for It Later

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c67427ab-6a98-4529-a570-ae2b0017320e/transcript

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