The Liquidity Edition

Felix Salmon of Fusion, Slate Moneybox columnist Jordan Weissmann, and emerging-markets expert Anna Szymanski, discuss:South Africa’s credit rating downgrade to junk status.How markets aren’t responding predictably to recent economic events.Minneapolis Fed president Neel Kashkari’s beef with JPMorgan CEO Jamie Dimon over how to prevent another banking crisis. Check out other Panoply podcasts at megaphone.fm. Email: slatemoney@slate.com Twitter: @felixsalmon, @JHWeissmann, @Three_Guineas Production by Zachary Dinerstein. Slate Money is brought to you by Orkin. Every home is unique, that’s why Orkin creates customized treatment plans based in science from the nation’s leading entomologists. Get 50 dollars off your first pest control service by signing up at orkin.com/MONEY And by Green Mountain Coffee. Green Mountain Coffee is passionate about making a smoother tasting cup. Try it today with $4 off, when you buy two boxes of most Green Mountain Coffee K-Cup pods at keurig.com, with code TRYGMC. Learn more about your ad choices. Visit megaphone.fm/adchoices