Why Governments Are Betting Big on Sports
You could easily spend a lifetime — or 100 lifetimes — simply observing the flow of goods and services (and people) from one part of the world to another. We’ve touched on this in a few recent episodes. One was about global commodity traders; that was episode 633. The other was an interview with a Federal Reserve Bank president about how tariffs will affect the U.S. economy; that was episode 634. Global trade is endlessly fascinating — in part because it is endlessly changing. One of the most interesting trade sectors at this moment involves not just economics but politics, cultural identity, and much more. This is a business that usually revolves around some kind of a ball. ….[READ]
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