Slate Money: China Needs a Stimulus Bazooka

Slate Daily Feed

This week: Big trouble in not-so-little China as the second-largest economy tries to get out of its post-COVID funk. Emily Peck, Elizabeth Spiers, and Rueters’ Anna Szymanski (filling in for Felix Salmon) discuss China’s new economic stimulus measures, which might be too-little, too late. They also discuss the secretive family behind Boar’s Head and a Sherwood piece about a mysterious $7 billion estate tax. Finally, Josh Levine joins to discuss the new season of Slow Burn, which explores how Fox News hijacked American politics.

In the Plus bonus mini-episode: Starbucks wanted to be a classy Italian espresso house, but it became a modern milkshake shop for teens to loiter and flirt. Are its sugar and caffeine-packed drinks bad for otherwise upstanding youths? Or is it good they’re hanging at the ‘Bucks rather than seedier haunts?

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Podcast production by Jared Downing and Cheyna Roth.

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