{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Debt, Tariffs, and the Truth About Today\u2019s Global Economy","description":"What happens when a grown-up economist says the quiet part out loud: the U.S. is acting like it can break the rules forever? Andr\u00e9s Velasco joins Matt and Luigi for a sharp, no-spin talk on debt, tariffs, copper, central banks, globalization, and why countries that treat boom times like a Vegas weekend usually end up crying in the shower. From Chile\u2019s \u201csave it, don\u2019t blow it\u201d playbook to America\u2019s very expensive habit of pretending deficits don\u2019t matter, this episode puts real-world economics back in plain English. \ud83c\udf78 Episode Highlights: Latin America is doing better than the doom crowd admits. Democracy in the region held up better than many expected. Inflation used to be the norm. Now it is mostly under control. Tariffs on Canada and Mexico get called what they are: nonsense. Chile\u2019s copper money worked because they saved when everyone wanted to spend. Commodity booms usually end badly when governments get cocky. AI, electrification, and climate policy are making copper even hotter. Massive public debt stops being funny when rates are no longer near zero. Central banks still have power, but only if politicians keep their hands off. Bitcoin gets no love. Watch this one, then send it to the person who still thinks tariffs are a magic trick and deficits are fake. \ud83d\udca1 Notable Takeaway: \u201cThere\u2019s no example in human history where a country got rich without a dynamic private sector.\u201d   \ud83d\udc64 About our Guest: Andr\u00e9s Velasco is the Dean of the School of Public Policy at the London School of Economics and former Finance Minister of Chile. He is widely known for steering Chile through a global crisis by saving during the copper boom instead of spending like a maniac. \ud83d\udd17 Links + Stuff Download \u201cThe London Consensus\u201d for FREE: https:\/\/press.lse.ac.uk\/books\/e\/10.31389\/lsepress.tlc London School of Economics Profile: https:\/\/www.lse.ac.uk\/school-of-public-policy\/people\/Andr%C3%A9s-Velasco   \ud83d\udcec Want more than just the podcast? Every Friday, we publish The Weekly. A fast, smart rundown of what actually matters in finance, tech, small business, and the economy...without the noise. Subscribe here: \ud83d\udc49https:\/\/theweeklyfromshieldadvisory.substack.com\/ \ud83d\udcbc Need funding or working capital? If today\u2019s conversation raised questions about capital, cash flow, or financing options, you can schedule a conversation with our sponsor, Credit Banc. Credit Banc helps business owners make sense of their options and move forward with a clear plan, without pressure or guesswork. \ud83d\udc49 Book a free 15-minute call here: https:\/\/shorturl.at\/LwxsA \ud83d\udcf2 Connect with the hosts Follow along for behind-the-scenes clips, commentary, and things that don\u2019t make it into the episode. \u2022 Matt Meehan:https:\/\/www.instagram.com\/matthew.r.meehan \u2022 Luigi Rosabianca:https:\/\/www.instagram.com\/luigi_rosabianca \u2022 The Liquid Lunch Project:https:\/\/www.instagram.com\/theliquidlunchproject\/ \ud83d\udcac One last thing Know a business owner who would appreciate this conversation? Send them the episode. That\u2019s how this show grows.   ","author_name":"The Liquid Lunch Project","author_url":"https:\/\/theliquidlunchproject.com","html":"