The King’s Gambit: DIY Declan, Trump’s Market Meltdown & Musk’s 18th-Century Twin

What do DIY stores, French financial bubbles, and Elon Musk have in common? Kicking off with a detour into The Pope’s Children and the perils of being a DIY impostor, we quickly shift gears to the real story: the Trump Dump. As financial markets recoil from the chaos of MAGA economics, we dive into history for a striking parallel: John Law, the 18th-century financial mastermind who convinced France to bet everything on his wild vision of a new economic order. Law promised a dazzling future, just as Musk does today, but his empire of speculation collapsed, taking the French monarchy down with it. What happens when the richest man in the world gets inside the head of a leader hungry for power? Are Trump and Musk unwittingly following the script of Law and the Duke of Orléans? Are we on the brink of a modern-day financial reckoning? With markets tanking, Bitcoin crumbling, and the spectre of stagflation looming, we explore the dangerous dance between speculative hype and economic reality. Will history repeat itself, first as tragedy, then as farce? Buckle up. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and complicated by so many.I’ve always thought what is complicated is rarely important and what is important is rarely complicated.That will be our motto.Every week we are going to tease out some big economic or political issue facing us, not just here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan.If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast.If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.