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

How do critical international developments shape economic and financial markets worldwide? Each week, The Spillover examines the ripple effects of global events across policy, geopolitics, economics, finance, and technology. This podcast helps you better understand what’s happening, and why it matters to businesses, global markets, and the world.

PublishesWeeklyEpisodes30Founded6 months ago
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Business NewsNewsPolitics

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Latest Episodes

Five months of war in Iran have completely reshaped energy markets. This week, the Baker Institute’s Kristian Coates Ulrichsen joins Rebecca Patterson and Sebastian Mallaby to examine how conflict in the Strait of Hormuz exposed the fragility of the ... more

In this episode of The Spillover, Rebecca Patterson and Sebastian Mallaby swap summer reading recommendations, including fiction and nonfiction picks covering American thinkers’ predictions for the twentieth century, an Irish murder mystery, and a St... more

In this episode of The Spillover, host Sebastian Mallaby sits down with Jordan Schneider, founder and editor-in-chief of the ChinaTalk podcast and newsletter, to discuss AI progress and security, as well as the U.S.-China AI rivalry.

Hosts:

Sebasti... more

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In this episode, The Spillover’s Sebastian Mallaby is hosted by Dan Kurtz-Phelan, editor of Foreign Affairs, to discuss the “AI trilemma”—the challenge U.S. policymakers face in encouraging enough innovation to stay ahead of China while addressing pu... more

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Recent Guests

Jordan Schneider
Founder of ChinaTalk podcast and newsletter
ChinaTalk
Episode: Jordan Schneider Thinks the Real AI Race Is About Compute, Not Models
Dan Kurtz-Phelan
Host of the Foreign Affairs Interview Podcast
Foreign Affairs
Episode: The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Rahm Emanuel
Former White House Chief of Staff, Ambassador of Japan, Mayor of Chicago
Former U.S. government official
Episode: Rahm Emanuel Talks Israel, Midterm Elections, and the Democratic Party
John Hillman
Senior Fellow at CFR, tracks government interventions in private equity
Council on Foreign Relations
Episode: Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Martin Wolf
Chief economics commentator, Financial Times
Financial Times
Episode: Two Brits Unpack America’s 250th Birthday + The Cultural Civil War
Roger Ferguson
Former Vice Chair of the Federal Reserve
Former Federal Reserve Vice Chair
Episode: What Will the Fed Become Under Chair Kevin Warsh? + Greenspan's Legacy
Ajay Banga
President of the World Bank
World Bank
Episode: "A Job Beats a Handout" + Why the World Bank Is Betting Everything on Employment
Gina Raimondo
Distinguished fellow at CFR and former US Secretary of Commerce
CFR, former U.S. Secretary of Commerce
Episode: "A Job Beats a Handout" + Why the World Bank Is Betting Everything on Employment
Brad Setser
CFR colleague and expert on imbalances
Council on Foreign Relations
Episode: China’s $735B Trade Surplus + How Beijing Masks Its Holdings + The G7 Debates Global Imbalances

Hosts

Sebastian Mallaby
Host with CFR affiliation; experienced financial commentator on international affairs
Rebecca Patterson
Co-host; experienced writer and CFR-affiliated policy expert

Reviews

4.9 out of 5 stars from 37 ratings
  • 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 States5 months ago
  • A new fan!

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

    Apple Podcasts
    5
    justsomekid
    United States5 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 States6 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 States6 months ago

Listeners Say

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

Listeners praise the show for thorough, engaging discussions that connect global events to market impact.
The hosts' chemistry and clear expertise come through, making complex topics accessible.
Episodes are fast-paced and informative, with practical takeaways for business and policy.

Chart Rankings

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

Talking Points

Recent interactions between the hosts and their guests.

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.
Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Q: What are the risks of market distortion and conflicts of interest when the government takes stakes in private companies?
Risks include mispricing of risk, favoritism, and potential misuse of government influence to benefit friends or family; the discussion emphasizes oversight, clear legal frameworks, and potentially a centralized, insulated entity to manage exits and governance.
Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Q: What is the rationale behind the OpenAI 5% stake proposal and how might it compare to Intel's government stake?
The OpenAI proposal is framed as aligning the government with a key AI player to secure strategic advantages and potential contracts, while Intel's stake was positioned as a national security and supply chain hedge—yet both raise questions about returns, exits, and taxpayer value.
What Will the Fed Become Under Chair Kevin Warsh? + Greenspan's Legacy
Q: What stands out most about Greenspan's legacy and his influence on Fed policy?
Ferguson emphasizes Greenspan's deep economic grasp, his ability to navigate crises, and the lasting impact of FedSpeak and communication practices that together shaped how markets interpreted policy, even when not all decisions were perfectly predictable.

Audience Metrics

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Frequently Asked Questions About The Spillover

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

The show regularly explores how global events ripple through economies, markets, and technology, with a focus on policy, geopolitics, and macro dynamics. Episodes feature deep dives from CFR-affiliated researchers and seasoned financial thinkers, weaving together historical context, current crises, and forward-looking scenarios to explain how shifts in energy, trade, AI, and regulation impact business and markets. Notable strengths include high-level, evidence-based discussions, diverse guest perspectives on policy and technology, and a knack for turning complex global trends into practical takeaways for executives and investors.

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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. Odd Lots
4. Foreign Policy Live
5. GZERO World with Ian Bremmer

How many episodes of The Spillover are there?

The Spillover launched 6 months ago and published 30 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact The Spillover?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

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What guests have appeared on The Spillover?

Recent guests on The Spillover include:

1. Jordan Schneider
2. Dan Kurtz-Phelan
3. Rahm Emanuel
4. John Hillman
5. Martin Wolf
6. Roger Ferguson
7. Ajay Banga
8. Gina Raimondo

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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