On today’s show:
0:08 – Stacy-Marie Ishmael (@s_m_i), managing editor for crypto at Bloomberg News discusses the spectacular collapse of the cryptocurrency exchange FTX.
0:33 – One of the nation’s largest rail unions narrowly voted down a contract brokered by the White House, stoking fears of an economically devastating strike in the run-up to Christmas. We discuss the implications with Justin Roczniak (@who_shot_jgr), co-host of the podcast Well There’s Your Problem, a podcast about engineering disasters and systemic failures, which happens to spend a lot of time on how capitalism screws up railroads.