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

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Speaker 2: A single best idea. I want to give you a

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Speaker 2: window into how we make the sausage here. We have

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Speaker 2: wonderful guests. We have guests we aspire to. My relationship

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Speaker 2: with Riccardo Housman of Harvard goes back at least eighteen years.

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Speaker 2: Quite frankly, it may be a full two decades. He

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Speaker 2: is definitive on South America. His academics is profound, including

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Speaker 2: with Barry chen Green of Berkeley and the phrase original

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Speaker 2: sin but far more. Riccardo Hausman is a voice of

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Speaker 2: the collapse of Venezuela. We efforted him yesterday, that's fancy

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Speaker 2: TV and radio people talk. We efforted him yesterday and

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Speaker 2: he turned us down. He turned us down because he

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Speaker 2: was writing a wonderful, blistering essay for the Economist magazine.

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Speaker 2: We are thrilled to have Professor Hausman with us today.

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Speaker 2: Ricardo Housman on a delusional President Trump.

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Speaker 3: If he thinks that right now he's going to recover

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Speaker 3: oil production, because he's going to tell us major companies

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Speaker 3: to go out and part with billions of dollars in

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Speaker 3: Venezuela in the context of an illegitimate government because Malula

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Speaker 3: stole an election. But this woman who's now president of Venezuela,

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Speaker 3: she didn't even win pretend to win an election. She

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Speaker 3: was appointed by a guy who stolen election.

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Speaker 2: Ricarda Houseman a really an extraordinary interview, and we really

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Speaker 2: thank him for describing his family's path from a war

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Speaker 2: torn Germany of nineteen forty five to Venezuela. Of course,

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Speaker 2: so much part of the South American story from Venezuela

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Speaker 2: down to argent Tina. A great student of this, arguably

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Speaker 2: the student of it, is Shannon O'Neil. She's created a

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Speaker 2: cottage industry at the Council on Foreign Relations of study

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Speaker 2: of so much of what I ignore in Latin America. We

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Speaker 2: were honored to have her in studio today. Shannon O'Neil,

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Speaker 2: the Council on Foreign Relations.

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Speaker 4: I think there's sort of two scenarios. One is that,

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Speaker 4: as you say, not a lot changes. We have a

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Speaker 4: new leadership head, but not a regime change. Lots of

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Speaker 4: the other pieces stay in place as they are now,

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Speaker 4: you know, oil and others. You know, there may be

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Speaker 4: US players who come in, though it's still kind of

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Speaker 4: a shaky market and the infrastructure is very weak after

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Speaker 4: years and years of sort of degradation. So one is

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Speaker 4: sort of as you say, stability, continuing, new figurehead, but

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Speaker 4: not a lot of change. The other is that you know,

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Speaker 4: the current president, Delsia Rodriguez, she isn't able to keep

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Speaker 4: all of these forces right, the various different groups with

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Speaker 4: guns together, and we get sort of a fragmentation, disintegration.

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Speaker 2: I really want to emphasize, Shannon O'Neil, a Council on

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Speaker 2: Foreign Relations. We're doing our work here to bring it

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Speaker 2: to you each and every morning worldwide, the evening on

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Speaker 2: the Pacific Rim and of course over to India. But

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Speaker 2: far more there is a bloomberg effort to do more

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Speaker 2: than just the news. We do that. We have our

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Speaker 2: acclaimed headlines when they're important, they're what we call a

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Speaker 2: red sticky. They're bright red and the terminal. They go

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Speaker 2: out all over the zeitgeist. People not stealing them but

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Speaker 2: taking them and advancing the news story, which we appreciate.

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Speaker 2: But far more the work our team in Latin America,

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Speaker 2: particularly out of Brazilia, out of Mexico City, have done

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Speaker 2: tireless work the last three days to provide context on

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Speaker 2: this unfolding drama on podcasts where Apple Music, of course

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Speaker 2: out on Spotify. On YouTube podcasts at single best idea