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Morning Brew Daily

Klarna Losing Millions on "Burrito Loans" & People Love Trader Joe's

21 May 2025

Description

Episode 587: Neal and Toby talk about Klarna’s mounting losses from customers failing to pay off their ‘buy now, pay later’ loans. Then, a Chinese EV battery maker emerges as a winner from the US-China trade war with one of the biggest IPOs of the year. Plus, Axios just released their Harris Poll 100 which shows which brands customers trust the most, and Trader Joe’s tops the list, while Tesla continues to fall. Next, a match to find out who is the best of the worst as Manchester United faces off against Tottenham for a spot in the Champions League.  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Visit endthecampaign.com for more Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note  Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Palindrome Dates  02:40 - Klarna Woes 07:40 - Chinese EV IPO 11:20 - Beloved Brands 15:45 - Europa League Final $$$ 19:40 Headlines 

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Full Episode

1.667 - 12.339 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, Trader Joe's has been ranked the most reputable company in America, but there's one name that sank far down the list.

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12.639 - 17.905 Toby Howell

Then Klarna users are buying now, but they're not paying later. It's Wednesday, May 21st. Let's ride.

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24.721 - 41.148 Neal Freiman

Here is some potentially useless information. Starting yesterday, every date written out in the American format for the next 10 days will be the same backwards. It's palindromes all the way down. Tuesday was 5-20-25. Today is 5-21-25. Tomorrow is 5-22-25, etc., etc., until we hit May 30th when the streak will sadly end.

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49.452 - 71.469 Toby Howell

It's not useless, Neil. I'm about to drop this fun fact in every single meeting I have from today until next Thursday when the streak ends. Feels like the universe is telling us to slow down and reflect, or at least double-check the date before signing anything. But I'm already looking ahead to the next palindromic date on the calendar. I've got March 3rd, 3033 circled. Let's have a party.

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75.012 - 85.236 Toby Howell

And now a word from our sponsor, Iterable. Neil, you know those conversations with your mom, but there's a delay on the phone. You say something, they talk over you, you both stop, then awkward silence.

85.436 - 97.701 Neal Freiman

It's a mess. Unfortunately, I've had many a conversation like that. And those stop-start convos are what campaign-based marketing feels like. Delayed, out of sync, and totally disconnected from what your customer actually needs right now.

98.081 - 112.165 Toby Howell

Iterable fixes that. It replaces outdated marketing calendars with AI-powered, moment-based engagement. So when your customer takes an action, browses, buys, or bounces, Iterable responds instantly with personalized messaging across every channel.

112.325 - 120.247 Neal Freiman

It's real-time marketing that actually feels real. No delays, no lag, just seamless, relevant communication that moves at the speed of your customer.

120.367 - 138.377 Toby Howell

The best conversations don't happen on a delay. They happen in the moment. Now remember to go call your moms and visit endthecampaign.com. The collateralized debt obligations that helped crash the economy in 2008 are back, but this time it's not subprime mortgages going under. It's burritos.

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