3 chapters across the catalog
Scottish Independence Referendum, Currency and Central Banking
The debate over Scottish independence intensifies ahead of the September 18th referendum. First Minister Alex Salmond argues that an independent Scotland could continue using the British pound, while opponents claim this would leave the country without a central bank. The hosts discuss the libertarian implications of operating without a central monetary authority.
UK Economic Crisis and Jeremy Paxman Interviews
The economic downturn in the United Kingdom is discussed, including the leadership of Gordon Brown and Chancellor Alistair Darling. Journalist Jeremy Paxman is praised for his aggressive and non-deferential interviewing style when questioning British statesmen about the financial bailout.
Eurozone Recession and Global Currency Shifts
Chancellor Alistair Darling warned that the United Kingdom is facing its worst economic climate in 60 years. The broader Eurozone is entering a recession as the European Central Bank ceases its massive lending programs to private banks. Meanwhile, the Russian government has intervened to stop the ruble from dropping following a $50 billion capital flight triggered by the Georgian conflict.
