{"podcast":{"title":"The David McWilliams Podcast","slug":"the-david-mcwilliams-podcast-512453","podcast_index_feed_id":512453,"rss_url":"https://feeds.acast.com/public/shows/20b97d01-ba9b-5fb0-9acf-161391a88cb0","website_url":"http://www.davidmcwilliams.ie/","image_url":"https://assets.pippa.io/shows/61b9fedc1a8cbefa383cf076/show-cover.jpg","author":"David McWilliams","episode_count":678,"summary":"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. Want to join our crew? Join at davidmcwilliams.ie/crew , where you can enjoy ad-free listening, as well as exclusive bonus content such as premium episodes, our macroeconomics course, early access to episodes and pre-sale access to tickets for Dalkey Book Festival & Kilkenomics. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-06T18:19:51.080822+00:00","page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453"},"episode":{"title":"Is America Losing Control?","slug":"is-america-losing-control","published_at":"2026-04-28T03:00:00+00:00","page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453/is-america-losing-control","show_page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453","url":"https://shows.acast.com/the-david-mcwilliams-podcast/episodes/is-america-losing-control","audio_url":"https://sphinx.acast.com/p/acast/s/the-david-mcwilliams-podcast/e/69ef91131c25ec341e6f7fe3/media.mp3","summary":"The global economy runs on one thing: the US dollar. What happens when trust in that system starts to crack? In this episode, we go deep into the mechanics of global finance, from dollar “swap lines” to shadow banking, to explain how the United States became the financial centre of the world, and why that dominance may now be under threat. At the heart of it all is a simple but unsettling reality: America doesn’t just produce goods, it produces money . The rest of the world needs dollars to trade, invest, and survive financial shocks. That gives the US enormous power, but also creates dangerous imbalances. We explore how decades of financialisation have concentrated wealth and influence in a small group of investors, reshaping both the American economy and global politics. Meanwhile, rising geopolitical tensions, particularly around Iran, raise a bigger question: could a single strategic misstep do to the US what the Suez Crisis did to Britain, quietly ending its era of dominance? Hosted on Acast. See acast.com/privacy for more information.","meta_description":"The global economy runs on one thing: the US dollar. What happens when trust in that system starts to crack? In this episode, we go deep into the mechanic…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2660,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-david-mcwilliams-podcast-512453/episodes/is-america-losing-control/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453/is-america-losing-control.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}