Show Notes
Back in the 1970s, Venezuelans became famous for their glamorous one-day shopping trips to Miami. "Ta barato, dame dos," the saying went. "That's cheap. I'll take two." Nowadays, the bolivar has lost practically all its value. Max and Stacey are joined by David Papadopoulos to understand what exactly went wrong with the Venezuelan economy. How did the country go from being stable and wealthy to experiencing runaway inflation and rampant poverty? Papadopoulos traces it back to fluctuating oil prices, too much spending and the difficulty of adjusting to a new way of life. Also, Deena Shanker sits down in the studio to discuss her new story on weight loss drugs and their impact on the food industry. To get with the times, some restaurant are offering up small, high-protein meals. But are they any good? The trio digs in to find out. See omnystudio.com/listener for privacy information.
More from Everybody's Business
This week, we have two stories that cover the spectrum of feast and famine. First, is beef a luxury now? Businessweek staff writer Deena Shanker chews the fat about why prices keep rising. And then, does the leaked Anthropic S-1 show a bubble bursting? Bloomberg News Managing Editor Sarah Frier talks us through it. Plus: How we feel about Elizabeth Holmes now. See omnystudio.com/listener for privacy information.
As the midterms come into focus, venture capitalist Marc Andreessen keeps showing up on lists of the biggest political spenders. Bloomberg reporter Austin Carr shares the story of how a left-of-center software engineer turned into a Silicon Valley juggernaut with an army of lobbyists. Then we sit down with economist Isabella Weber to discuss her new book, Anti-Fascist Economics, and why she believes American democracy needs an about face to do right by its citizens. Plus: Merger Madness! See omnystudio.com/listener for privacy information.
Bloomberg’s daily news podcast Big Take recently released an episode about the meteoric and very lucrative rise of the “Romantasy” literary genre, which our reporters explored in a Businessweek story this fall. Please enjoy, and hop on over to subscribe to their feed if you like what you hear! ———————
Women’s sports are exploding in popularity and revenue, but which is up next to breakthrough? Businessweek reporter Amanda Mull went to Indianapolis to find out why the NFL believes that flag football will be America’s next monoculture moment. Plus, how would you feel if everyone paid a different price for a carton of eggs? Surveillance pricing is moving beyond the internet and into big box stores, and our very own Max Chafkin has the reporting behind the trend. See omnystudio.com/listener for privacy information.
Max and Stacey sit down with Tubi Chief Content Officer Adam Lewinson at Bloomberg's Screentime conference in Los Angeles, where they discuss price hikes by the major streaming services and the state of the ad-supported alternatives. Plus, Ashley Carman drops in before her interview with Conan O'Brien to fill us in on the new podcasting gold rush. See omnystudio.com/listener for privacy information.