Rephonic
Artwork for The Spillover
Artificial Intelligence
United States
China
Openai
Federal Reserve
Ukraine
Bitcoin
Tariffs
Private Credit
Iran War
Europe
India
Oil Markets
US Dollar
Planet Labs
K-Shaped Economy
Planetary Intelligence
Kalshi
Tokyo, Japan
Gold

Every geopolitical event — a war, an election, a new tariff, a technological breakthrough — sends ripples through the global economy. On The Spillover, Rebecca Patterson and her guests trace those ripples, examining how international developments shape markets, policy, finance, and the future of business.

PublishesWeeklyEpisodes39Founded8 months ago
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Latest Episodes

With the 2026 U.S. midterm elections just weeks away, Rebecca Patterson and Veda Partners Cofounder Henrietta Treyz discuss an impending confrontation over the debt ceiling in the lame-duck session. They warn that a 2011-style standoff could unfold i... more

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This week on The Spillover, hosts Sebastian Mallaby and Rebecca Patterson unpack what they got right—and wrong—in their forecasts over the course of the year so far, covering the “Fragile Four” economies, OpenAI’s funding crisis, the AI IPO race, the... more

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This week on The Spillover, hosts Rebecca Patterson and Sebastian Mallaby are joined by Adam Posen, president of the Peterson Institute for International Economics, to discuss how the Federal Reserve has fallen behind the curve on inflation, Fed Chai... more

YouTube

This week on The Spillover, hosts Sebastian Mallaby and Rebecca Patterson sit down with author and historian Anne Applebaum to discuss Europe, the ongoing war in Ukraine, and the escalating geopolitical headwinds the region faces.

Hosts:

Sebastian ... more

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Recent Guests

Henrietta Treyz
Director of Economic Policy Research, co-founder of Veda Partners
Veda Partners
Episode: Lame Ducks, Black Swans, and the 2026 Midterm Elections
Natasha Knava
Commodity research lead at JP Morgan; cited as expert guest
JPMorgan Chase & Co.
Episode: What We Got Right (and Wrong) This Year
Adam Posen
President of the Peterson Institute for International Economics
Peterson Institute for International Economics
Episode: Central Banks in a Bind + Could AI Replace the FOMC?
Anne Applebaum
Staff writer at The Atlantic and author on European democratization and de-democratization
The Atlantic
Episode: Why Won’t Europe Do More For Ukraine? + The Rise of Pro-Russia Populism
Natasha Sarin
President and Co-Founder of the Yale Budget Lab; law professor at Yale
Yale Budget Lab
Episode: Can the U.S. ‘Grow’ Its Way Out of Debt? + Taxing Wealth in the Age of AI
Vijay Vaitheeswaran
Senior Fellow and Director, Energy Security and Climate Change Program at CFR
Council on Foreign Relations
Episode: The U.S. Buys Stake in a Venezuelan Oil Company + Why Efficiency Is the Real Path to Energy Security
Torsten Slok
Chief Economist at Apollo
Apollo Global Management
Episode: Could the AI Debt Problem Create the Next Financial Crisis?
Rebecca Patterson
Expert on AI and economics (guest)
Episode: The Hosts Pick a Global AI Winner + The Advanced Economy Deployment Problem + The Question Even the Experts Can't Answer
Kristian Coates Ulrichsen
Fellow for the Middle East at Rice University's Baker Institute for Public Policy and co-director of the Middle East Energy Roundtable
Rice University/Baker Institute
Episode: How China Is Quietly Winning the Iran War Energy Crisis

Hosts

Rebecca Patterson
Host of The Spillover; affiliated with the Council on Foreign Relations (CFR); former Bridgewater Associates.
Sebastian Mallaby
Co-host of The Spillover; affiliated with CFR; noted author and commentator on economics and policy.

Reviews

4.8 out of 5 stars from 81 ratings
  • Great A-Game show!

    I’m really enjoying the Spillover. Informative and thoughtful, covering a wide range of subjects without going too far out of the show’s lane. Good variety of interviews on super complicated subjects without very smart people who know their subjects. Be it geopolitical, government or Tech, Rebecca and Sebastian always bring their A-game to their interviews and discussions. I learn more and more about our world thanks to every episode and The Spillover is now at the top of my podcast rotation. I ... more

    Apple Podcasts
    5
    Gingerzilla Japan
    Japana month ago
  • Great content and very engaging format

    Excellent podcast. Highly engaging and informative. Just the right amount of substance; smart but not too wonky. Great chemistry between hosts.

    Apple Podcasts
    5
    TBN4life
    United States7 months ago
  • A new fan!

    Brilliant and fresh take on what’s going on now in the global economy

    Apple Podcasts
    5
    justsomekid
    United States8 months ago
  • Fast Paced & Informative

    Enjoyed the episode on the Supreme Court ending the tariffs. The show flies by and you realize you learned a lot. The host was very likable.

    Apple Podcasts
    5
    PodsforPeoplePayingAttention
    United States8 months ago
  • A whirlwind discussion of the fragile four economies and worldwide implications …

    The goals of this podcast were met without exception and in an entertaining fashion. Looking forward to the next episode!

    Apple Podcasts
    5
    Dr. Eddey
    United States8 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

High-caliber guests and credible hosts create thoughtful, credible conversations.
Insightful, data-driven macro analysis that connects policy to markets.
Pacing is fast and informative, with clear host chemistry.
Engaging take on global energy, AI, and finance with actionable takeaways.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Lame Ducks, Black Swans, and the 2026 Midterm Elections
Q: Could AI-driven job displacement influence the next year's legislative agenda?
Yes, rapid AI adoption could pressure Congress to pass bipartisan measures—especially tax code adjustments and worker-focused safeguards—that mitigate employment shocks while raising revenue to fund fiscal needs.
Lame Ducks, Black Swans, and the 2026 Midterm Elections
Q: What would Democrats push for to secure support for raising the debt ceiling?
They would likely demand concessions on war powers, tariffs, investigations, and a potential broad tax package that offsets increased spending, with a focus on reducing defense or energy-related barriers and ensuring revenue offsets.
Could the AI Debt Problem Create the Next Financial Crisis?
Q: What worries you more, fast AI development or slow AI development for private credit and data-center deals?
Both fast and slow adoption have risks; fast adoption could trigger a productivity-led overheating and higher unemployment, while slow adoption could depress returns on AI investments and slow data-center demand, making underwriting standards the key factor in managing risk.
The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Q: Is there a viable regulatory framework for AI safety that could be practical and effective?
Yes—an approach analogous to aviation and pharmaceuticals, with a federal authority that conducts mandatory red-teaming and safety checks before frontier models are released, could create clear safety guardrails and accountability without stifling legitimate innovation.
The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Q: What do you mean by the AI trilemma, and why is it hard to balance these aims?
The trilemma describes the need to stay ahead of competitors, reassure an anxious public, and sustain rapid innovation simultaneously; the difficulty is that improvements in one area often worsen another, and piecemeal policies are unlikely to harmonize these competing demands.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Spillover

What is The Spillover about and what kind of topics does it cover?

This show consistently tackles how major international developments ripple through policy, geopolitics, economics, and markets. Episodes blend timely macro trends with deep dives into energy, AI, finance, and technology, often featuring policy makers, researchers, and industry thinkers. Notable strengths include rigorous analysis from CFR-affiliated voices, high-profile political and economic guests, and a knack for connecting global events to business implications. Listeners are likely strategic decision-makers seeking to understand risk, resilience, and opportunity in complex global systems. Potential sponsors and guests may find it valuable to align with discussions about global finance, policy, and technology leadership, as well as the ... more

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Which podcasts are similar to The Spillover?

These podcasts share a similar audience with The Spillover:

1. The President’s Inbox
2. The Foreign Affairs Interview
3. Foreign Policy Live
4. The Trade Guys
5. Pekingology

How many episodes of The Spillover are there?

The Spillover launched 8 months ago and published 39 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Spillover?

Recent guests on The Spillover include:

1. Henrietta Treyz
2. Natasha Knava
3. Adam Posen
4. Anne Applebaum
5. Natasha Sarin
6. Vijay Vaitheeswaran
7. Torsten Slok
8. Rebecca Patterson

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