1 00:00:03,080 --> 00:00:10,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Madi Glang Rodriguez woke 2 00:00:10,119 --> 00:00:12,840 Speaker 1: up early on the morning of November sixth and checked 3 00:00:12,840 --> 00:00:16,079 Speaker 1: her phone. She wanted to see who had won the 4 00:00:16,160 --> 00:00:20,759 Speaker 1: US presidential election. She opened TikTok, saw that Donald Trump 5 00:00:20,840 --> 00:00:31,840 Speaker 1: had won, and cried. She cried because she and her 6 00:00:31,920 --> 00:00:34,920 Speaker 1: family are currently in Mexico trying to get to the 7 00:00:35,000 --> 00:00:38,720 Speaker 1: US to seek asylum, an immigration status granted to people 8 00:00:38,760 --> 00:00:42,920 Speaker 1: fleeing persecution and violence in their home countries, and Trump 9 00:00:43,080 --> 00:00:46,360 Speaker 1: has promised to tighten restrictions on immigration into the country 10 00:00:46,880 --> 00:00:51,720 Speaker 1: and deport thousands of migrants from the US on day one. Now, 11 00:00:51,880 --> 00:00:54,400 Speaker 1: his election has given Matti Glang and her family fresh 12 00:00:54,520 --> 00:00:57,720 Speaker 1: urgency to make it across the border. She told my 13 00:00:57,760 --> 00:01:01,160 Speaker 1: colleague Maya Aberbach that they've given them selves a deadline 14 00:01:01,960 --> 00:01:14,600 Speaker 1: Inauguration day because she fears if her family doesn't make 15 00:01:14,600 --> 00:01:19,959 Speaker 1: it to the US by then, they might never Madi 16 00:01:20,000 --> 00:01:22,919 Speaker 1: Gleang and her family left their home in Venezuela in July. 17 00:01:23,720 --> 00:01:28,320 Speaker 1: They've been stuck in Mexico since September. Fresh immigration crackdowns 18 00:01:28,360 --> 00:01:31,560 Speaker 1: from both Mexico and the US have left them stranded 19 00:01:32,040 --> 00:01:34,640 Speaker 1: waiting for an asylum appointment that might give them a 20 00:01:34,640 --> 00:01:37,920 Speaker 1: shot at a new life. This year, a growing number 21 00:01:37,959 --> 00:01:40,360 Speaker 1: of migrants from all over the world have taken the 22 00:01:40,440 --> 00:01:43,959 Speaker 1: perilous journey to Mexico, sometimes making it all the way 23 00:01:44,000 --> 00:01:47,480 Speaker 1: to the US Mexico border, only to find themselves in 24 00:01:47,520 --> 00:01:51,520 Speaker 1: a similar spot. Alex Vasquez is a Bloomberg journalist covering 25 00:01:51,560 --> 00:01:55,240 Speaker 1: politics and economics from Mexico City. He and Maya who 26 00:01:55,280 --> 00:01:58,040 Speaker 1: You Heard a moment ago, have been speaking with asylum 27 00:01:58,080 --> 00:02:01,240 Speaker 1: seekers in Mexico about what is second Trump term could 28 00:02:01,240 --> 00:02:01,840 Speaker 1: mean for them. 29 00:02:02,320 --> 00:02:05,440 Speaker 2: They're afraid that they won't be able to enter the US. 30 00:02:05,760 --> 00:02:08,160 Speaker 2: They're afraid that their family in the US will be 31 00:02:08,200 --> 00:02:12,959 Speaker 2: deported and that will obviously reduce their options. And they're 32 00:02:13,000 --> 00:02:17,239 Speaker 2: afraid that if they get an appointment to legally enter 33 00:02:17,320 --> 00:02:20,000 Speaker 2: the US, they could even be deported. 34 00:02:20,800 --> 00:02:24,080 Speaker 1: Alex says, they're asking themselves, will they be able to 35 00:02:24,120 --> 00:02:27,160 Speaker 1: make it into the US before Trump takes office, and 36 00:02:27,480 --> 00:02:34,560 Speaker 1: if not, what other options do they have? Today on 37 00:02:34,560 --> 00:02:38,120 Speaker 1: the show, how new immigration restrictions have left tens of 38 00:02:38,200 --> 00:02:42,399 Speaker 1: thousands of migrants in limbo and how Trump's reelection could 39 00:02:42,480 --> 00:02:45,720 Speaker 1: keep them there. This is the big take from Bloomberg News. 40 00:02:45,960 --> 00:02:54,400 Speaker 1: I'm Sarah Holder to get into Mexico, Mati Glang, her husband, 41 00:02:54,480 --> 00:02:57,839 Speaker 1: and their three children took the dangerous path followed by 42 00:02:57,880 --> 00:03:01,680 Speaker 1: so many South American migrants. They crossed the Darien Gap. 43 00:03:06,360 --> 00:03:08,960 Speaker 1: Then they were held for ransom on the border between 44 00:03:08,960 --> 00:03:22,880 Speaker 1: Guatemala and Mexico. Madi Gleang said they paid the one 45 00:03:22,919 --> 00:03:26,800 Speaker 1: hundred dollars ransom each and were released, but making it 46 00:03:26,800 --> 00:03:31,080 Speaker 1: to Mexico was only the beginning. Bloomberg's Alex Vasquez says 47 00:03:31,120 --> 00:03:34,960 Speaker 1: that until recently, most migrants in Mexico pursued asylum in 48 00:03:35,000 --> 00:03:39,000 Speaker 1: one of two ways. Some would cross the border into 49 00:03:39,040 --> 00:03:43,000 Speaker 1: the US without documents and then turn themselves into immigration 50 00:03:43,080 --> 00:03:45,800 Speaker 1: authorities to request asylum. Once they got. 51 00:03:45,640 --> 00:03:49,160 Speaker 2: There, normally they have to go to a court appointment, 52 00:03:50,120 --> 00:03:53,800 Speaker 2: you know, and they will be monitored until the judge 53 00:03:54,000 --> 00:03:57,040 Speaker 2: decided their cases, but they could enter the US. 54 00:03:57,480 --> 00:04:01,360 Speaker 1: Others followed the official process, which started with securing an 55 00:04:01,360 --> 00:04:04,960 Speaker 1: asylum appointment with US Customs on the Mexican side of 56 00:04:05,000 --> 00:04:08,760 Speaker 1: the border. These appointments are scheduled through an app called 57 00:04:08,880 --> 00:04:10,320 Speaker 1: CBP one. 58 00:04:10,360 --> 00:04:13,320 Speaker 2: Most of them are applying for the CVP one appointment, 59 00:04:14,040 --> 00:04:16,880 Speaker 2: which is pretty much an appointment that allows them to 60 00:04:16,960 --> 00:04:22,039 Speaker 2: have like an official appointment with a US official in 61 00:04:22,120 --> 00:04:24,880 Speaker 2: the border, so they want to have a legal way 62 00:04:24,920 --> 00:04:26,240 Speaker 2: to enter the US. 63 00:04:26,520 --> 00:04:29,480 Speaker 1: These CBP one appointments could only be made from certain 64 00:04:29,520 --> 00:04:32,680 Speaker 1: parts of Mexico and they can take weeks or months 65 00:04:32,720 --> 00:04:33,520 Speaker 1: to get. 66 00:04:33,440 --> 00:04:37,680 Speaker 2: You need to have like a pretty decent smartphone to 67 00:04:37,839 --> 00:04:41,200 Speaker 2: use it. You can imagine that migrants don't have like 68 00:04:41,720 --> 00:04:46,360 Speaker 2: the best smartphones available because they don't have enough money. 69 00:04:46,600 --> 00:04:50,280 Speaker 2: I met migrants that got the appointment and they're now 70 00:04:50,400 --> 00:04:54,240 Speaker 2: in a legal way in the US, and they got 71 00:04:54,279 --> 00:04:57,760 Speaker 2: the appointment in a couple of weeks. Sometimes it happens, 72 00:04:57,760 --> 00:04:59,599 Speaker 2: but it's like a lottery. I mean, you don't know 73 00:04:59,640 --> 00:05:00,640 Speaker 2: when you're going to get it. 74 00:05:01,720 --> 00:05:05,559 Speaker 1: Alex says either route was long and circuitous and only 75 00:05:05,640 --> 00:05:09,240 Speaker 1: sometimes resulted in legal status. But in the past year 76 00:05:09,680 --> 00:05:10,880 Speaker 1: it's gotten even harder. 77 00:05:11,440 --> 00:05:16,800 Speaker 2: Right now they're having a more difficult time because since 78 00:05:17,080 --> 00:05:21,000 Speaker 2: the beginning of this year, the US government started like 79 00:05:21,040 --> 00:05:25,760 Speaker 2: a negotiation with the Mexican government to try to reduce 80 00:05:25,800 --> 00:05:26,800 Speaker 2: border crossings. 81 00:05:28,839 --> 00:05:32,839 Speaker 1: Last December, US Secretary of State Anthony Blincoln visited Mexico 82 00:05:33,040 --> 00:05:36,200 Speaker 1: and put pressure on the country to step up border enforcement, 83 00:05:36,839 --> 00:05:40,200 Speaker 1: and the summer, the Biden administration started a new policy 84 00:05:40,320 --> 00:05:44,800 Speaker 1: of essentially freezing all asylum applications during surges of migration. 85 00:05:45,320 --> 00:05:47,880 Speaker 2: This is in the context of the US election, so 86 00:05:48,520 --> 00:05:52,840 Speaker 2: the Biden administration was really focused on reducing border crossings. 87 00:05:53,160 --> 00:05:56,720 Speaker 1: There was one exception to the US asylum freeze. Migrants 88 00:05:56,720 --> 00:05:59,360 Speaker 1: could still use the CBP one app to schedule an 89 00:05:59,360 --> 00:06:03,320 Speaker 1: appointment before arriving at the border, and as of this August, 90 00:06:03,560 --> 00:06:06,440 Speaker 1: they were allowed to apply not just from central cities 91 00:06:06,440 --> 00:06:09,760 Speaker 1: and northern cities near the border, they could apply from 92 00:06:09,800 --> 00:06:13,120 Speaker 1: the south of the country too. That pushed many more 93 00:06:13,120 --> 00:06:16,520 Speaker 1: people to apply for these appointments within Mexico rather than 94 00:06:16,600 --> 00:06:20,960 Speaker 1: risk entering the US. Meanwhile, the Mexican government responded to 95 00:06:20,960 --> 00:06:24,200 Speaker 1: the US's pressure with a strategy change of its own 96 00:06:25,680 --> 00:06:26,240 Speaker 1: last year. 97 00:06:26,600 --> 00:06:30,880 Speaker 2: Migrants could go to northern cities like Tijuana, for example, 98 00:06:31,839 --> 00:06:35,960 Speaker 2: like suahua Is where they could wait. The Mexican government realizes, 99 00:06:36,120 --> 00:06:38,960 Speaker 2: if we have people in the north, we won't be 100 00:06:39,120 --> 00:06:42,040 Speaker 2: able to reduce border crossings, so we need to keep 101 00:06:42,080 --> 00:06:42,599 Speaker 2: them south. 102 00:06:43,080 --> 00:06:46,599 Speaker 1: Keep them south, in other words, send them down towards 103 00:06:46,680 --> 00:06:47,880 Speaker 1: the Guatemalan border. 104 00:06:48,160 --> 00:06:52,880 Speaker 2: Mexico is sending migrants to two states of the south 105 00:06:52,920 --> 00:06:56,240 Speaker 2: of the country this is the states of Chiappas and Tabasco, 106 00:06:56,800 --> 00:07:00,680 Speaker 2: to really small cities that are not prepared to see them. 107 00:07:00,920 --> 00:07:04,560 Speaker 1: Waiting wasn't exactly easy in the north, Alex said, but 108 00:07:04,600 --> 00:07:08,320 Speaker 1: at least there were some jobs and existing infrastructure. That's 109 00:07:08,360 --> 00:07:09,520 Speaker 1: not the case in the south. 110 00:07:09,960 --> 00:07:14,760 Speaker 2: They don't have job opportunity, work permits, any kind of support, 111 00:07:15,120 --> 00:07:18,600 Speaker 2: so they're pretty much in the streets begging for money, 112 00:07:18,920 --> 00:07:22,960 Speaker 2: with not much to do, selling candies in the street, 113 00:07:23,280 --> 00:07:28,080 Speaker 2: washing cars. Obviously, sometimes they can get, you know, some 114 00:07:28,400 --> 00:07:33,160 Speaker 2: job offers from criminal groups trying to you know, seek 115 00:07:33,320 --> 00:07:37,800 Speaker 2: women and engage them in prostitution and stuff like that, 116 00:07:37,880 --> 00:07:39,480 Speaker 2: so it's pretty hard to them. 117 00:07:39,640 --> 00:07:43,200 Speaker 1: According to documents obtained by the Institute for Women and Migration, 118 00:07:43,760 --> 00:07:46,280 Speaker 1: the Mexican government has moved more than one hundred and 119 00:07:46,320 --> 00:07:49,400 Speaker 1: thirty thousand people by bus in the first nine months 120 00:07:49,400 --> 00:07:52,800 Speaker 1: of this year. Their first stop is typically a detention 121 00:07:52,920 --> 00:07:57,360 Speaker 1: center that's where asylum seekers are screened and processed, but 122 00:07:57,400 --> 00:08:00,000 Speaker 1: when they're released, they often end up on the street. 123 00:08:00,920 --> 00:08:03,880 Speaker 1: Alex saw this happen in via Hermosa, the capital of 124 00:08:03,920 --> 00:08:05,800 Speaker 1: the southern Mexico state of Tabasco. 125 00:08:06,840 --> 00:08:11,160 Speaker 2: I was able to witness the exact moment when a 126 00:08:11,160 --> 00:08:15,120 Speaker 2: group of migrants around thirty or leaving this attention center, 127 00:08:15,200 --> 00:08:18,680 Speaker 2: they just arrived to this vier Mosa city. They give 128 00:08:18,720 --> 00:08:22,160 Speaker 2: them a couple packages tuna at the shelter. They didn't 129 00:08:22,160 --> 00:08:24,440 Speaker 2: know where they were. They only know the name of 130 00:08:24,480 --> 00:08:27,239 Speaker 2: the city, but they weren't aware this is in the south, 131 00:08:27,360 --> 00:08:30,160 Speaker 2: in the border with Guatemala. They didn't know anything about that. 132 00:08:30,240 --> 00:08:31,760 Speaker 1: So so disorienting. 133 00:08:32,160 --> 00:08:34,880 Speaker 2: Yeah, no fun because they were wrapped in the journey 134 00:08:35,559 --> 00:08:40,120 Speaker 2: and pretty much they Okay, ask where am I try 135 00:08:40,160 --> 00:08:42,400 Speaker 2: to figure out what I'm going to do next? I 136 00:08:42,480 --> 00:08:45,800 Speaker 2: saw people. They don't speak Spanish, they don't speak English. 137 00:08:46,120 --> 00:08:51,080 Speaker 2: They use tipt with the workers at the shelter to communicate. 138 00:08:51,880 --> 00:08:53,360 Speaker 2: They don't get any information. 139 00:08:53,800 --> 00:08:56,840 Speaker 1: What does the Mexican government say should happen as migrants 140 00:08:56,880 --> 00:08:59,640 Speaker 1: are waiting for appointments to request asylum in the US. 141 00:09:00,040 --> 00:09:06,160 Speaker 2: Well, we interview the former Foreign first Minister, Alicia Larsena. 142 00:09:06,360 --> 00:09:08,960 Speaker 2: What she told us and what the government is saying 143 00:09:09,760 --> 00:09:15,240 Speaker 2: is that they're moving them south to give them job 144 00:09:15,280 --> 00:09:19,320 Speaker 2: opportunities in infrastructure projects in the south, because the government 145 00:09:19,440 --> 00:09:25,320 Speaker 2: is building big infrastructure projects like trains or commercial hubs, 146 00:09:25,400 --> 00:09:29,120 Speaker 2: and they're saying they can get job opportunities in the 147 00:09:29,160 --> 00:09:33,520 Speaker 2: construction or even in agricultural projects. And the government is 148 00:09:33,520 --> 00:09:37,040 Speaker 2: saying the north of the country was packed, was full 149 00:09:37,080 --> 00:09:42,760 Speaker 2: of migrants, and authorities were completely overwhelmed. But what we 150 00:09:42,840 --> 00:09:46,679 Speaker 2: witness is far different from what the government is saying, 151 00:09:46,960 --> 00:09:51,440 Speaker 2: because these cities in the south, Villa Moosa, Tapachula in Chapas, 152 00:09:51,520 --> 00:09:56,120 Speaker 2: are not prepared at all. I mean, almost half of 153 00:09:56,160 --> 00:10:01,679 Speaker 2: the people in Villa Mosa lives in po so they 154 00:10:01,720 --> 00:10:04,960 Speaker 2: don't have enough jobs opportunities themselves. 155 00:10:08,040 --> 00:10:12,360 Speaker 1: All this has created vulnerabilities that Alexa's criminal gangs have 156 00:10:12,400 --> 00:10:16,840 Speaker 1: been eager to exploit. Violence and crime are widespread, and 157 00:10:16,880 --> 00:10:19,600 Speaker 1: migrants in these southern cities are left with few means 158 00:10:19,640 --> 00:10:23,959 Speaker 1: of protection. And there's a new US president about to 159 00:10:24,120 --> 00:10:28,480 Speaker 1: enter office who's promised an even harsher immigration crackdown. How 160 00:10:28,520 --> 00:10:32,800 Speaker 1: Trump's looming inauguration is pushing migrants in Mexico to reassess 161 00:10:32,840 --> 00:10:45,439 Speaker 1: their options after the break. Mexico's strategy of sending asylum 162 00:10:45,480 --> 00:10:49,319 Speaker 1: seekers south has made life harder for migrants. It's also 163 00:10:49,400 --> 00:10:51,320 Speaker 1: helped bring border crossings down. 164 00:10:51,720 --> 00:10:56,440 Speaker 2: This pretty much because the Mexico northern border is northern 165 00:10:56,520 --> 00:11:01,440 Speaker 2: states are you know, less packed rants who managed to 166 00:11:01,480 --> 00:11:04,120 Speaker 2: get there are sent back to the South. So this 167 00:11:04,200 --> 00:11:08,400 Speaker 2: way Mexico helped the US to reduce order a crossing. 168 00:11:08,720 --> 00:11:11,920 Speaker 1: And with Trump preparing to take office and threatening an 169 00:11:11,920 --> 00:11:16,640 Speaker 1: even harsher immigration regime, some migrants told Bloomberg's Alex Vasquez 170 00:11:16,679 --> 00:11:19,280 Speaker 1: that they are rethinking their dreams of seeking asylum in 171 00:11:19,320 --> 00:11:21,080 Speaker 1: the US entirely. 172 00:11:21,080 --> 00:11:25,760 Speaker 2: Even before Trump mentioned the master deportations. They are aware 173 00:11:26,080 --> 00:11:29,120 Speaker 2: about who Trump is, and they know what happened in 174 00:11:29,160 --> 00:11:33,760 Speaker 2: the prior administration, so they're afraid that they won't be 175 00:11:33,800 --> 00:11:37,760 Speaker 2: able to enter the US. They're afraid that their family 176 00:11:37,800 --> 00:11:40,920 Speaker 2: in the US will be deported and that will obviously 177 00:11:41,000 --> 00:11:45,280 Speaker 2: reduce their options. And they're afraid that if they get 178 00:11:45,320 --> 00:11:49,720 Speaker 2: an appointment to legally enter the US, they could even 179 00:11:49,880 --> 00:11:53,760 Speaker 2: be deportant. So I also spoke with some migrants that 180 00:11:53,800 --> 00:11:55,679 Speaker 2: are reassessing their options. 181 00:11:55,960 --> 00:11:58,120 Speaker 1: One of those options would be to try to stay 182 00:11:58,160 --> 00:12:01,480 Speaker 1: in Mexico. They can apply for asylum from that country too, 183 00:12:02,120 --> 00:12:04,760 Speaker 1: but it's not always a great alternative. 184 00:12:05,600 --> 00:12:09,960 Speaker 2: The big problem is that migrants, most of them, don't 185 00:12:10,000 --> 00:12:12,880 Speaker 2: want to stay in Mexico. But the reality and I 186 00:12:12,920 --> 00:12:16,400 Speaker 2: think that is what the Mexican government needs to understand 187 00:12:16,800 --> 00:12:19,880 Speaker 2: is that they don't want to stay here. So while 188 00:12:19,880 --> 00:12:25,040 Speaker 2: they're waiting to get to the US, sometimes the CVP 189 00:12:25,120 --> 00:12:28,000 Speaker 2: one appointment can take also a year. Maybe you need 190 00:12:28,040 --> 00:12:30,719 Speaker 2: to give them some job opportunity or a way to 191 00:12:31,080 --> 00:12:35,000 Speaker 2: be integrated into your economy, and then they will live 192 00:12:35,360 --> 00:12:37,600 Speaker 2: because they don't want to stay here, most of them. 193 00:12:37,840 --> 00:12:40,960 Speaker 1: There's also an open question around what more Trump might 194 00:12:41,000 --> 00:12:44,360 Speaker 1: ask the Mexican government to do once he's back in office. 195 00:12:44,880 --> 00:12:48,920 Speaker 2: Right now, the Mexican government is facing the tough choice 196 00:12:49,600 --> 00:12:52,120 Speaker 2: of what's going to happen. I mean, we know Trump 197 00:12:52,200 --> 00:12:55,959 Speaker 2: already had a phone call with Mexican President Claudia Shanebah 198 00:12:57,160 --> 00:13:02,360 Speaker 2: some days ago. Trump is threatening to impose twenty five 199 00:13:02,480 --> 00:13:08,200 Speaker 2: percent tariff on every Mexican expert to the US if 200 00:13:08,280 --> 00:13:14,800 Speaker 2: Mexico doesn't help to reduce both border crossings of migrants 201 00:13:15,600 --> 00:13:21,000 Speaker 2: drug trafficking, especially fentanil. So if we're seeing a crackdown 202 00:13:21,120 --> 00:13:25,480 Speaker 2: right now, what we can expect is something tougher next year, 203 00:13:25,559 --> 00:13:28,440 Speaker 2: because Mexico will try to avoid that. 204 00:13:28,760 --> 00:13:31,240 Speaker 1: But Alex says the idea that it might get even 205 00:13:31,320 --> 00:13:33,960 Speaker 1: harder to make it to the US next year is 206 00:13:33,960 --> 00:13:36,480 Speaker 1: putting pressure on many of the migrants he spoke with. 207 00:13:37,080 --> 00:13:39,800 Speaker 1: They want to get across the border as soon as possible, 208 00:13:40,360 --> 00:13:42,920 Speaker 1: with or without an asylum appointment. 209 00:13:44,559 --> 00:13:49,120 Speaker 2: They're saying, if I don't get disappointment before January, I'm 210 00:13:49,120 --> 00:13:51,280 Speaker 2: going to try to go to the US border and 211 00:13:51,400 --> 00:13:55,839 Speaker 2: cross because Donald Trump is going to eliminate all the 212 00:13:56,240 --> 00:13:59,160 Speaker 2: path we have right now, and I think we may 213 00:13:59,240 --> 00:14:05,199 Speaker 2: witness a crossing attempts during the last days of December. 214 00:14:05,800 --> 00:14:08,000 Speaker 1: Mari Glang and her family are now staying in a 215 00:14:08,000 --> 00:14:11,520 Speaker 1: migrant camp in Mexico City, anxiously waiting for a CBP 216 00:14:11,679 --> 00:14:15,000 Speaker 1: one appointment. It's been hard not knowing what their future holds, 217 00:14:15,600 --> 00:14:19,640 Speaker 1: when or whether they'll get a meeting with US immigration officials. 218 00:14:20,280 --> 00:14:29,000 Speaker 1: Es Gang says the process feels like a game of 219 00:14:29,040 --> 00:14:44,520 Speaker 1: Bingo all luck. She feels like she's quote hanging by 220 00:14:44,560 --> 00:14:48,520 Speaker 1: a thread that could either break or strengthen. She just 221 00:14:48,560 --> 00:14:56,120 Speaker 1: doesn't know. This is the big take from Bloomberg News. 222 00:14:56,360 --> 00:14:59,920 Speaker 1: I'm Sarah Holder. This episode was produced by Julia Press 223 00:15:00,000 --> 00:15:03,280 Speaker 1: and Adriana Tapia, who also fact checked this episode. It 224 00:15:03,360 --> 00:15:06,840 Speaker 1: was edited by Tracy Samuelson and Brendan Walsh. It was 225 00:15:06,920 --> 00:15:10,560 Speaker 1: mixed and sound designed by Alex Sugia. Special thanks to 226 00:15:10,640 --> 00:15:14,880 Speaker 1: Maya Aberbach. Our senior producer is Naomi Shavin. Our senior 227 00:15:14,960 --> 00:15:18,880 Speaker 1: editor is Elizabeth Ponso. Our executive producer is Nicole Beamster 228 00:15:19,000 --> 00:15:22,920 Speaker 1: borg Sage Bauman is Bloomberg's head of podcasts. If you 229 00:15:23,040 --> 00:15:25,760 Speaker 1: like this episode, make sure to subscribe and review The 230 00:15:25,800 --> 00:15:29,080 Speaker 1: Big Take wherever you listen to podcasts. It helps people 231 00:15:29,120 --> 00:15:32,880 Speaker 1: find the show. Thanks for listening. We'll be back tomorrow