The Five Scariest Numbers in the Global Economy (A Halloween Special)
The David McWilliams Podcast

The Five Scariest Numbers in the Global Economy (A Halloween Special)

2026-10-29

35:11

For Halloween, we start with Ireland’s first witch trial: Alice Kyteler, the Kilkenny moneylender who buried four husbands and skipped town, leaving her servant to burn at the stake in 1324. For a real scare, we dive into the five numbers that should keep you up at night. The Shiller index at 41 (last seen in 1999, just before the dot-com crash), global government debt at 94% of GDP, The US paying $1 trillion a year just to service its debt, more than its defence budget, the 10-year Treasury yield at 5.36%, a 24-year high and oil at $110, 80% up on last year, thanks to the Strait of Hormuz. If it all goes pear-shaped, the question is simple: who’s the witch?


Use code WITCH at kilkenomics.com for 20% off tickets all day October 30th & 31st

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The David McWilliams Podcast

David McWilliams & John Davis
No. of episodes
712
Latest episode
2026-10-29

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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. You can also find our early access ad-free episodes on Spotify by searching for the David McWilliams Podcast Premium Feed on the app or by clicking here.


Want to join our crew? Join at davidmcwilliams.ie/crew, where you can enjoy ad-free listening, as well as exclusive bonus content such as premium episodes, our macroeconomics course, early access to episodes and pre-sale access to tickets for Dalkey Book Festival & Kilkenomics.

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