2026-01-02
21 分钟The Economist.
Hello and welcome to The Intelligence from The Economist.
I'm your host Rosie Blau.
And I'm Jason Palmer.
Every weekday we provide a fresh perspective on the events shaping your world.
Read the headlines and you'd be forgiven for thinking there was a mass exodus from Britain.
But when our correspondent dug into the data, the evidence wasn't so clear cut.
And in the past you could buy a loaf of bread or a pint of beer with it.
Now it will barely get you anything at all.
As part of our World Ahead series, our obituaries editor mourns the death of the American penny.
First up though.
The property boom that started in China in the early 2000s
became one of the fastest generators of wealth in history.
Don Weinland is our China business and finance editor.
Some of China's nouveaux riches were keen to flash their new found cash.
One way of doing that was to get into the art market.
They started buying very expensive pieces of art and this was a way of flaunting their wealth.
So we moved to the beautiful Modigliani, Lot 8.
Painted in Paris in 1918.
Seventy-five million dollars.