Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: Single best idea the news slog continues. It's just absolutely extraordinary.
Speaker 2: It's on a daily basis. It's exhausting. The way we
Speaker 2: do this is an incredible team, starting with one tours
Speaker 2: booking all the guests, saying that people know, I'm sorry
Speaker 2: we have to cancel to other people where we can
Speaker 2: book all sorts of quality voices, and you'll hear that
Speaker 2: across the coming days of his war in the market
Speaker 2: reaction that we see to it. What a joy today
Speaker 2: to have Edward Yordnny with us to reaffirm his optimism
Speaker 2: on the markets. But we did do a lot of
Speaker 2: war coverage. Andreas Uderman is chairman of the board of
Speaker 2: a toe Belle, hugely experienced within Continental Europe Dynamics. Andrea
Speaker 2: Utdterman on the unknown unknowns.
Speaker 3: I'm not smart enough to know the unknown unknowns, but
Speaker 3: what i can tell you is I'm slightly less concerned
Speaker 3: than I was, and I was concerned in two thousand
Speaker 3: and seven, eight and nine, because ultimately the transmission mechanism
Speaker 3: of this going wrong initially is going to be probably
Speaker 3: consumers savers and not systemically into the banking system. Now,
Speaker 3: as you say there might be unknown unknowns. I mean,
Speaker 3: you know, one of our competitors in Switzerland had loans
Speaker 3: on the balance sheet nobody knew about, and so that
Speaker 3: was an unknown and who knows what banks have done
Speaker 3: that nobody knows about. But right now there's no evidence
Speaker 3: of that.
Speaker 2: Too short a conversation with Andreas Uderin this morning that
Speaker 2: was into the press conference. Thanks to our Washington team
Speaker 2: for all their assistants and the Pentagon briefing of the
Speaker 2: Secretary of Defense and the Chairman of the Joint Chiefs
Speaker 2: of Staff. We got a briefing of huge quality from
Speaker 2: the former Undersecretary of the Army. He has had public
Speaker 2: service in the eighth Congressional District of Pennsylvania, Patrick Murphy.
Speaker 4: Of hillco On the moment, great generals like General Colin
Speaker 4: Powell is one of my role models who I get
Speaker 4: to know. We followed after Vietnam what's called the Powell doctrine,
Speaker 4: where you have a clear mission, you use overwhelming forced
Speaker 4: accomplishment mission, and you have a clear extra strategy. There
Speaker 4: is no extra strategy here. The mission is yep, let's
Speaker 4: decimate the Iranian ballistic missiles, etc. I get it, but
Speaker 4: you can't necessarily do that with just air power.
Speaker 2: Patrick Murphy, with a Service to the Nation in Iraq
Speaker 2: in the United States Army on podcasts on Apple, on Spotify,
Speaker 2: on YouTube podcasts. It's single best idea