The global economy: good news and bad news from economist Dambisa Moyo
03/16/24 • 22 min
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In the latest episode of the GZERO World Podcast, Ian Bremmer sits down with economist, author, and member of the UK parliament’s House of Lords Dambisa Moyo for a hard look at the health of the world’s finances, the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation, and how China’s economic woes are impacting everyone else.
Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries hold record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?
In the latest episode of the GZERO World Podcast, Ian Bremmer sits down with economist, author, and member of the UK parliament’s House of Lords Dambisa Moyo for a hard look at the health of the world’s finances, the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation, and how China’s economic woes are impacting everyone else.
Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries hold record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?
Previous Episode
The global economy: good news and bad news from economist Dambisa Moyo
In the latest episode of the GZERO World Podcast, Ian Bremmer sits down with economist, author, and member of the UK parliament’s House of Lords Dambisa Moyo for a hard look at the health of the world’s finances, the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation, and how China’s economic woes are impacting everyone else.
Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries hold record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?
Host: Ian Bremmer
Guest: Dambisa Moyo
Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published.
Next Episode
Biden vs Trump foreign policy: Political scientist Stephen Walt weighs in
On this episode of GZERO World Podcast, Ian Bremmer and Harvard Kennedy School Professor Stephen Walt discuss foreign policy differences between a second term for Biden or Trump on issues like China, Ukraine, and the Middle East. Walt argues that American foreign policy under a second Trump term wouldn’t be so different from the last four years under Biden. “The daylight may not be as great as people think,” Walt tells Ian. For instance, Walt says, “It's hard to see a big change between the Trump administration's approach to the Middle East and what the Biden administration was doing up until October 7." On China, Ukraine and the Mideast, Walt doesn’t see a big difference between the last two US presidents.
That hasn’t been Ian Bremmer’s view, to say the least. Well, that sounds like the makings of a good discussion. So let’s have it.
Host: Ian Bremmer
Guest: Stephen Walt
Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published.
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