Is the World at Risk of a New Economic Cold War? Top IMF Official Weighs In | Amanpour and Company
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
- More than 30 years after the fall of the Iron Curtain, might the world be on the verge of a new Cold War? Gita Gopinath argues that tensions between the world's most powerful nations have caused fragmentation of the global economy into competing regional blocs. The First Deputy Managing Director of the International Monetary Fund joins Walter Isaacson to discuss this "turning point" for the world economy.
Originally aired on February 22, 2024
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Amanpour and Company features wide-ranging, in-depth conversations with global thought leaders and cultural influencers on the issues and trends impacting the world each day, from politics, business and technology to arts, science and sports. Christiane Amanpour leads the conversation on global and domestic news from London with contributions by prominent journalists Walter Isaacson, Michel Martin, Alicia Menendez and Hari Sreenivasan from the Tisch WNET Studios at Lincoln Center in New York City.
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Yep, along with a bunch of active wars.
The IMF needs to focus on individual ownership of real property in the developing world Doctor Hernando the Soto of Peru has the answers and nobody's listening
Perhaps we should concentrate on quality - make things last longer. Also adapt a more intelligent view as to what we really need and what actually makes us happy. In other words, work on wasting less. We might not need all the automation and manufacturing capacity we have available. So we put some robots out of work.
That would require choosing something besides a capitalist growth model. The greedy rich financial barons would rather kill us all than do that.
@@mtn1793 It is killing us, all West/Westernized populations are in decline.
First spotted this at work in the early 1990s. Coworkers who were teenagers living at home during the first major economic jolt, 1973, where all decidedly No Kids. 6 out of 8, and to this day they stayed No Kids.
Shrinking population would self-regulate, higher wages and housing glut. But gov took care of that for benefit of industry, ramp up immigration, both legal and illegal. West/Westernized is dependent on cheap labor, by any means. China joins the model, offshoring to cheaper/more desperate Vietnam.
@@buzoff4642 I agree things are in decline. Perhaps that’s true since 1945. Technological progress but no good direction to steer it. Just greed. Now the piper is due.
Oil and Gas revenue prohibits World Socialism that would benefit the vast majority of people.
They’ll watch us collapse and die before ever admitting that the social mandate had any value. Ship of fools!
The nature of humans is why socialism doesn't work outside of religion.
SkyTran.
No car insurance, oil/oil changes, registration, parking lots/fees/paving, bus/train schedules, road deaths/road kill, gas, traffic jams, shuttling of elderly and children, air pollution, etc.
We paid for SkyTran's development, and it's cheaper than cars/buses/trains. Shelved.
Instead, we're hostaged to antiquated auto/bus/train paradigm, for benefit of the vast market surrounding their use. And, so is all the revenue, land, air.
0:37 how does it work for multinational corporations,subsidiaries and private/foreign investors? I feel like it’s a global socioeconomic pyramid scheme.
It IS. Not sustainable. Totally disparate. Dangerously irresponsible on multiple levels. And all run from the top.
The schema is "Buy low (third world wages and regulations), Sell high (in West/Westernized markets).
And then there's disruption to oil nations. Any quaking on prices, jack it up, aka "inflation", and West/Westernized deflects the cause as "rising wages", which is BS.
Thirty years, it's been $2.13 an hour for tipped wage workers in the US, and ten years, it's been $7.25 for min wage for the rest.
Its also a bit more a realignment to regional trade, not so much ideologically aligned.
It is a not surprising coincidence that refocusing to regional trade also entails a tendency towards trade with folks more closely ideologically aligned.
Where is the track record of success they need to prove that all of the billions of dollars that have been spent has actually produced something show us the successes
What the economists consider "success" is solely evaluating money.
Is it a "success" to dump Big Ag onto foreign markets, killing the local markets for farmers/farm workers, to drive them into corporate factories? So a handful of former farmers now have $$ up from $, but their cost of living went $$$$. Nearby trialed on Mexico with NAFTA, then went on to instantiate that globally.
US got Mexico's unemployed flooding north, looking for any work to try living off of. West markets is as "We'll all be better off!", when clearly we are not.
Similar in China. Once they drove their far away province's farmers into their eastern factories, they offshored looking again for cheap labor, in Vietnam.
Then there's the enormous carbon footprint from the pointless shipping of combs, toothbrushes, etc from the other side of the planet, so a billionaire can make another billion.
Greed, is boundless.
Please post the previous video, with Ukraine MP Oleksiy Goncharenko: "It's not in the interest of the U.S. to help Putin"
An unequivocal answer to every question. Stultifying and pointless.
When asked "should we bring jobs back home" she replies "infrastructure and training are nice" What a mushmouth.
World bankers/ financiers are total bullshit. They serve the super rich.
Corporations move overseas for increased profit/global market share/access to resources and ideology(e.g. anti-union). The US govt can do little about this except through regulatory strings attached to govt contracts and incentives. Infrastructure is a big mover. Training seems like smoke and mirrors. My take for what it's worth.. :)
What few people that were eligible for retraining, when offshoring first kicked off, turns out they made less than those who didn't.
There's a whole lot of smoke and mirrors in the "retraining" gimmick. For instance, if you're not bottom of the wage hierarchy, you don't qualify, and the "retraining" of those who were bottom of the wage hierarchy is for the higher wage jobs _that_ _where_ _offshored_ .
@@stephenharper6638 The US gov can a) stop incentivizing it, b) tax the heck out of their fake Irish headquarters for sales here, c) rescind ISDS farce court authority, d) cut off using tax monies for reshoring when their offshoring blows up in their faces.
Quite the kick in the a*& for Gov to a) incentivize it with tax breaks, b) hand the public, including those who lost their living wage job, the bill to reshore.
This isn't capitalism, it's corrupt oligarchy.
@@stephenharper6638 Wrong, there's lots the US can do. Trade agreements, ever read those? Most galling, Hungarians who've worked in the US do not have to meet the same number of quarters worked to be eligible to Social Security, they qualify with less quarters worked.
US public is bilked, in multitudes of ways.
Why is the beautiful Sarah Silverman doing economics?
Time to have your eyes and hearing checked.
Monopoly game funny money 💲 debt gambling legal drunk no rules
Not so. #1 rule: Investors will be bailed out, and the bill for it is shunted to the US public. 1989, "adjustable rate mortgages" bank blowup, along with auto industry. Bail out's just globalized by 2008.