<description>&lt;p&gt;The world is watching for instability after the US election next week. If there’s a repeat of the chaos that followed the 2020 results, it could damage not just American democracy, but something else: the global financial system that America dominates.&lt;/p&gt; &lt;p&gt;Today on the show, host Saleha Mohsin is joined by former Senator Pat Toomey to unpack what’s at stake for a world that runs on US dollars if a peaceful transfer of power is no longer a given in the world’s oldest democracy.&lt;/p&gt; &lt;p&gt;Read more: &lt;a href="https://www.bloomberg.com/news/articles/2024-10-31/election-violence-risk-threatens-us-dollar-dominance?srnd=undefined"&gt;Election-Violence Risk Threatens US Dollar Dominance&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Further listening: &lt;a href="https://podcasts.apple.com/us/podcast/big-take/id1578096201?i=1000673345121"&gt;Bloomberg’s Trump Interview: Inside His Economic Vision for a Second Term&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Bloomberg wants to hear from you! Help make shows like ours even better by taking the Bloomberg &lt;a href="https://bit.ly/4eIFhe5"&gt;audience survey&lt;/a&gt; and have a coffee on Bloomberg for doing so.&lt;/p&gt; &lt;p&gt;Become a &lt;a href="http://bloomberg.com/"&gt;Bloomberg.com&lt;/a&gt; subscriber using our special intro offer at &lt;a href="https://www.bloomberg.com/subscriptions/podcasts?utm_campaign=BigTakeDaily&amp;amp;utm_medium=referral&amp;amp;utm_source=Podcast"&gt;bloomberg.com/podcastoffer&lt;/a&gt;. You’ll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Big Take DC

Bloomberg and iHeartPodcasts

Can the World Count on the Dollar If It Can’t Count on Smooth Elections?

OCT 31, 202413 MIN
Big Take DC

Can the World Count on the Dollar If It Can’t Count on Smooth Elections?

OCT 31, 202413 MIN

Description

The world is watching for instability after the US election next week. If there’s a repeat of the chaos that followed the 2020 results, it could damage not just American democracy, but something else: the global financial system that America dominates.

Today on the show, host Saleha Mohsin is joined by former Senator Pat Toomey to unpack what’s at stake for a world that runs on US dollars if a peaceful transfer of power is no longer a given in the world’s oldest democracy.

Read more: Election-Violence Risk Threatens US Dollar Dominance

Further listening: Bloomberg’s Trump Interview: Inside His Economic Vision for a Second Term

Bloomberg wants to hear from you! Help make shows like ours even better by taking the Bloomberg audience survey and have a coffee on Bloomberg for doing so.

Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.

See omnystudio.com/listener for privacy information.