Freddy Gray is joined by Joe Weisenthal, co-host of the Odd Lots podcast at Bloomberg. On the podcast, Joe talks about the recent collapse of Silicon Valley Bank and the moral hazard of state intervention. How gloomy should people be?
From the magazine
When Rishi Sunak announced that the 2030 ban on new petrol and diesel cars would be delayed by five years, he framed it as a common-sense move. What he didn’t say is that he had been advised that, had the original deadline stuck, Britain’s electric vehicle (EV) market would have been handed over to China.