David McWilliams Podcast

Obrieski wrote: »

I generally enjoy the podcast but I find the ones like today a bit wishy-washy to listen to, much prefer when they discuss actual current events more. Hearing about the ancient Egyptians etc is interesting to some I'm sure but it's not like there isn't a huge lot going on at the moment.
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His obsession with "creatives" is because he's championing his children as hard as he can in that direction.

My new realisation is that DMW is basically work-shy. He's just another talking head for rent (look at his roster of advertisers). He sounds just like all those US money managers who, once they acquire a couple of million, start quoting the greeks in order to intellectualise their day job. It's a shame as once upon a time he had an opportunity to...

I used to listen to this fairly regularly but got tired of David’s schtick of asking his sidekick opened ended questions that he will answer himself.

He can be good at times though

I enjoy dropping in an out of this. I will always listen when I see there Is a guest speaker, as you are usually getting someone with an in depth knowledge of a certain topic.

without fail I always fast forward to the 5th minute. As first 5 are usually adds, followed by some oul shite between the two boys that I don’t care about.

As a free service, I think it’s a great listen now and then.

I hadn't listened in ages and enjoying catching up.

I don't mind the side-kick. He's the sound engineer but his presence on the show is something to do with making economics appeal to your average joe and creating a "chatting with the lads in the pub" vibe. He can't really challenge McWilliams on anything, but it's better than just having McWilliams speaking into a mic on his own IMO.

Seems like a decent fella. His voice sounds a bit like Baz Ashmawy , that's his main problem 😝

I'm sure it's bad form to quote myself but can't resist. Dave "The Creative" latest ad voiceover: "IG invented spread betting, they allow you to do spread betting on CFDs". UK regulators view spread betting as gambling. (Absolutely no point in checking if Ireland's "Regulators" pretend to have a perspective.)

I was thinking about this myself and I think his function is twofold:

1. He's a sound engineer so I'm sure he takes care of all of the technical side of things - the editing, getting the audio on the interviews correct all that stuff.
2. On the actual podcasts he plays the role of the economically ignorant but curious sidekick. This allows him to act as a stand-in for the audience so that he can ask the kinds of questions that allow McWilliams to launch into his lengthy answers which are the meat of the podcast when they're not doing interviews.

I could do without the whole "god remember those days Redzer?" waffle but i see it as a price to pay for the good stuff.

I'm just one of the lads, this is great banter.

Did I miss something obvious, or did he me make a mistake with his calculations on the free public transport one today?

He said the revenue received by all public transport for one year is EUR 660m.

So if transport is made free, he says just issue a bond to make up for that EUR 660m, with coupons of almost 1% to be paid. So his whole argument was it would only cost us EUR 6.6m a year to cover it (ignoring the principle, which he touched on about rolling it over).

But that only covers 1 year's revenue/loss of revenue. They are missing out on EUR 660m every year going forward, so surely youd have to issue a new EUR 660m bond every year?

So the cost would be EUR 6.6m this year, EUR 13.2 next year, EUR 19.8m the following year etc, no?

His opinions on using "free" debt to pay for all this stinks of the Eddie Hobbs era and piling more and more debt on our kids

He mentioned a ONE YEAR bond today which shows that he maybe doesnt understand interest rate risk and even worse the link between inflation and interest

And I know he does cause he has shown he does in some circumstances. It just proves that he understands them when it suits the hair brain idea he is on about today. Mad that this fella is seen as a "bright" economist

David and the sidekick today tying themselves in absolute knots trying to explain to us how to think about the news that in the EU, Ireland now has the highest % of people who were born abroad. They completely lost the run of themselves - seems you can't be sceptical of the globalist agenda if you like foreign holidays or food, lol!! Just time at the end for an ad for a spread-betting company and then they're done.

What episode was that? Has it aged well?

to be fair, nato has been encroaching towards the Russian border over the years, the wests interventions in russia post soviet collapse has also been a disaster for russia, liberalisation of their markets has failed, as its largely failed all over the world.....