Brad Setzer

Brad Setzer, a senior fellow at the Council on Foreign Relations, and Jeffrey Schaefer, former Assistant Secretary of the Treasury, dive into the U.S. Treasury's remarkable $20 billion loan to Argentina. They explore the mysterious Exchange Stabilization Fund, its historical context, and its unique authority that bypasses Congressional approval. With insights from the 1995 Mexico bailout, they predict how Argentina's troubled economic landscape might mirror past crises. The conversation raises questions about the effectiveness of such financial interventions.

In this engaging discussion, trade expert Brad Setzer, a senior fellow at the Council on Foreign Relations, reveals his skepticism regarding the Trump administration's aggressive tariff strategies. He argues that imposing a 25% tariff on Mexico and Canada could have severe economic repercussions. Setser contrasts these actions with past trade practices, delving into their impact on consumer prices and cross-border supply chains. The conversation also navigates the complexities of global trade dynamics and the potential shifts in U.S. influence.

John Cohen, author on sports gambling, talks March Madness and betting risks. Ioni Wells, BBC reporter, files a field report from Venezuela about young people's hopes and daily struggles. Ahelan Kallarigama, economist, outlines Sri Lanka's fuel rationing and four-day work week. Brad Setzer, economist, analyses Ireland's corporate tax receipts and profit shifting. Mike Eastman, oil CEO, discusses frackers’ response to oil price spikes.