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The David McWilliams Podcast

The David McWilliams Podcast

Auteur(s): David McWilliams & John Davis
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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.


If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams.

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Épisodes
  • When the West Woke Up: How Yugoslavia Fell Apart

    When the West Woke Up: How Yugoslavia Fell Apart
    Jul 24 2025
    This week, we take you back to the final years of Yugoslavia, a country that exploded into one of the bloodiest wars Europe has seen since WWII. We trace how ethnic tensions, decades of suppressed rivalries, and opportunistic leaders tore the region apart, while Europe watched on, paralysed. We explore how the Serb army launched brutal assaults across Croatia and Bosnia, committing acts of ethnic cleansing that left over 100,000 Bosnians dead, often at the hands of their own neighbours. For years, the West hesitated. But after a dramatic shift in Washington, the U.S. stepped in, arming the Croats, launching air strikes, and ultimately brokering the Dayton Accords to end the war. In this episode, we follow the story from Vukovar to Sarajevo, from Belgrade backroom deals to Clinton’s White House. We explain how Croatia won the war but lost nearly a million people to emigration, how Serbia suffered the worst hyperinflation ever recorded, and how Slovenia quietly became the EU’s success story, set to overtake the UK in GDP per capita within five years. We also reflect on the strange persistence of empire: Russia still backs Serbia, Turkey stands with Bosnia, and the West never really forgot its favourites.

    Hosted on Acast. See acast.com/privacy for more information.
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    47 min
  • Why Ireland Must Rethink Its Economic Future; Fast

    Why Ireland Must Rethink Its Economic Future; Fast
    Jul 22 2025
    In this week’s episode, we dive headfirst into the economic storm clouds gathering over Ireland, and the urgent need to act before we get soaked. We explore how U.S. tariffs, Trumpian MAGA economics, and a Europe shrinking on the global stage all combine to put Ireland in the danger zone. We break it down simply: Trump’s $50 billion in new tariffs? Instead of hurting China, they’re taxing Americans. If America turns fully inward, the knock-on effect for Ireland could be devastating. We're the most U.S.-adjacent economy in Europe, and with 150 billion euro sitting in Irish bank deposits and 80% of our corporate tax coming from foreign companies, we're dangerously reliant on the goodwill of multinationals who may not stick around. So we ask: what’s Ireland’s Plan B? We look back to the IFSC and Ardnacrusha, bold, nation-shaping moves that changed our future. We ask why we’re not doing the same now. We speak to Patrick Walsh from Dogpatch Labs, who tells us that we’ve got the ingredients for an innovation boom, talent, capital, multinational know-how, but not the policies to unlock it. Right now, France has taken the lead on AI. Meta's accelerator is in Paris, not Dublin. Why? Leadership. Focus. Vision. Meanwhile, Ireland dithers over housing and passes symbolic laws that could alienate our biggest economic ally.

    Hosted on Acast. See acast.com/privacy for more information.
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    38 min
  • The Ghosts of Yugoslavia: Borders, Bankers & Balkan Ghosts

    The Ghosts of Yugoslavia: Borders, Bankers & Balkan Ghosts
    Jul 17 2025
    In this episode, we dive headfirst into one of Europe’s most brutal and under-discussed chapters: the collapse of Yugoslavia. Live from Croatia, where the scars of that war still linger, and where, 30 years on, the economic, political, and human fallout continues to echo across the continent. We explore how hyperinflation, sparked by debt-fuelled mismanagement and ethnic tension, helped tear the country apart. At one point, Yugoslavia’s army was the largest in Europe. Today, its people make up the single largest intra-EU migrant group. In Ireland alone, over 40,000 Croats were issued PPS numbers in the last five years. We walk you through the tangled roots of nationalism, the rotating presidency that doomed a federation, and how the ghost of Tito, who told Stalin to feck off in 1946, still haunts the region. We also talk Jamie Dimon, who popped up in Dublin last week declaring “Europe has lost,” and we break down what that means in GDP terms: 25 years ago, US and EU GDP per capita were neck-and-neck—now the US is 25% ahead. We trace that back to 1995 and ask: What if Yugoslavia was the first warning shot?

    Hosted on Acast. See acast.com/privacy for more information.
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    42 min

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