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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: Single bus Daynia wringing the political season, some controversy.

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Speaker 3: Thank you for the many notes, people disparaging me, people

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Speaker 3: supporting me. Also, I think the hate mail won out.

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Speaker 3: But that's you know, onto the next day and we'll see.

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Speaker 1: But it is that time.

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Speaker 3: And of course we've got the coverage of Bloomberg News.

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Speaker 3: It was great to have Mike Shepherd on driving forward

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Speaker 3: our coverage in Washington as we try to parse out

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Speaker 3: the emotion, the policies, the future of the nation will

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Speaker 3: do that to November fifth and beyond today. David Malpass

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Speaker 3: in the former president of the World Bank. He was

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Speaker 3: appointed by mister Trump and very much so we could

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Speaker 3: have talked about well, international events and poverty and what

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Speaker 3: they do with the World Bank. But no, David malpass

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Speaker 3: ran for US Senate as a Republican fourteen years ago.

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Speaker 3: He's got some real world political skill. We asked him

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Speaker 3: to parse Trump economics.

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Speaker 1: No, but to those three people, those were austerity policies,

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Speaker 1: and what Trump is talking about is growth policies. They're

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Speaker 1: very different. That means changing the regulatory policy so that

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Speaker 1: people will actually build things. You know, a giant part

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Speaker 1: of the semiconductor problem right now is you can't build

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Speaker 1: a factory because of the rules that go into that

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Speaker 1: IRA bill, and so they're pumping money into the economy

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Speaker 1: but getting nothing for it. That can all be changed,

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Speaker 1: and that's not as hard to change as people think.

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Speaker 1: It just means sensible decisions at the top in Washington

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Speaker 1: to spend the money less wastefully.

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Speaker 3: David Mailpass three two David Mailpass, the former President of

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Speaker 3: the World Bank, on Trump economics. What did you wy

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Speaker 3: to have man deep sing and enter Agranian to get

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Speaker 3: the earning season of big big tech two three, four

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Speaker 3: five whatever it is this week, I believe in order alphabet,

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Speaker 3: Amazon's in there somewhere, Microsoft on the thirtieth Apple, and

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Speaker 3: the thirty first on will go. But a big, big,

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Speaker 3: big earning season week here is anerog rana an MSFT.

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Speaker 4: So when you look at Microsoft for over the next

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Speaker 4: twelve months, we are going to see massive capex going

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Speaker 4: into the market along with a little bit of margin degradation.

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Speaker 4: So this is not going to be financially a massive

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Speaker 4: year for Microsoft when it comes to earnings growth. But

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Speaker 4: at the same time, that's the only company where we

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Speaker 4: can see actual benefits of AI translating into revenue. And

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Speaker 4: I think that's most important for them is to prove

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Speaker 4: to the market that their AI revenue is picking up

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Speaker 4: better than anybody else out there, and their positioning is stronger.

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Speaker 4: And I think that's most important for Microsoft.

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Speaker 3: Erg run a brilliant conversation. Go back and look for

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Speaker 3: that on a podcast innerog Run a man deep sink

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Speaker 3: together on the technology. A lot of really good perspective

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Speaker 3: their stuff. To be honest, they really don't understand, like

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Speaker 3: finally the return of being, among other things as well.

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Speaker 3: Of course, one of the great things we do is

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Speaker 3: talk to academics. Katie Kaminsky is just brilliant off the

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Speaker 3: MIT Combine up on the Charles River. When we talk

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Speaker 3: to people from Purdue, we talk about Harry's Chocolate Fountain.

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Speaker 3: It's an important institution in West Lafayette, Indiana. There's not one.

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Speaker 3: There are selected institutions around the Massachusetts Institute of Technology.

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Speaker 3: Wander down mass f and it's real simple. The Miracle

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Speaker 3: of Science.

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Speaker 5: I like the Miracle of Science. It's a great I

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Speaker 5: don't know if you've been there before, but it's a

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Speaker 5: great hub right in the middle of Cambridge, so definitely.

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Speaker 5: They also have some other local MIT pubs like The

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Speaker 5: Thirsty Ear and another places, so yeah.

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Speaker 3: There's a few selected ones as well. Mis you there

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Speaker 3: the landscape around the Charles at River Again, thank you

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Speaker 3: to Simon Johnson. What a triumph for MIT and the

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Speaker 3: University of Chicago with this year's Nobel Prize Asamuglo and

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Speaker 3: Johnson very much likely my book of the year next year,

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Speaker 3: Power and Progress. Really can't say enough about it. I'll

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Speaker 3: give it a full read here as we stagger through

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Speaker 3: the holiday season. We're going to stagger through earning this

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Speaker 3: week into the politics of next Tuesday and beyond. We'll

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Speaker 3: do that with a team fired up to give you

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Speaker 3: the best in conversation. On YouTube. Subscribe to Bloomberg podcast

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Speaker 3: growing each and every day, big success this year on

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Speaker 3: that on the Corridor ninety nine one FM in Washington,

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Speaker 3: ninety two nine FM in Boston, and Bloomberg eleven three

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Speaker 3: to oh Am here in New York City. On YouTube podcasts,

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Speaker 3: on Apple Podcasts, Single Best Idea

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Speaker 1: Seven