Boom Bust Season 1 Episode 138 Victor Matheson Talks Brazil and Protests and Benn Steil On ECB Action
- TV-PG
- June 9, 2014
Boom Bust season 1 episode 138 sees the team delve into the ongoing protests in Brazil and how they are impacting the country's economy, as well as the latest actions taken by the European Central Bank.
First up, the hosts welcome Victor Matheson, a professor of economics at College of the Holy Cross. With protests ongoing in Brazil against the government's handling of the COVID-19 pandemic, Matheson discusses the impact they are having on the country's economy. He explains that while the protests may temporarily disrupt activity, they ultimately highlight the issues that need to be addressed in order to improve the country's economic situation. Matheson also touches on the role that social media is playing in bringing attention to the protests and keeping them in the public eye.
Next, the show turns its attention to the European Central Bank, with Benn Steil, senior fellow and director of international economics at the Council on Foreign Relations, joining the hosts to discuss the latest actions taken by the central bank. Steil explains that the ECB has increased its bond-buying program in response to the economic impact of the pandemic, and discusses the potential risks and benefits of such actions. He also delves into the issue of fiscal policy coordination among EU countries and gives his thoughts on what needs to be done to address the current challenges.
Throughout the episode, the hosts provide insightful commentary and analysis on the topics discussed, as well as bringing in additional experts to offer their opinions. The episode provides a comprehensive look at both the ongoing protests in Brazil and the latest actions taken by the ECB, offering viewers a better understanding of how these issues impact the global economy.