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In this video we delve into Somalia's perilous economic situation after the government collapse in 1991, and reform in 2012. How are international relations, is there potential for recovery, and what lessons can we learn from this extreme economy.
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Dec 22
Did China Just Drop The Ball On Global Dominance?
China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ... Show More
16m 15s
Dec 2
A Short Story About Why You Cannot Buy A House
Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ... Show More
12m 51s
Nov 17
The $400 Trillion Problem No One Wants to Talk About
The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politi ... Show More
17m 5s
Nov 2019
Somalia's Recovery and the Power of a Song
Somalia is one of the world's most conflict-affected states. Many countries around the world suffer from weak governing institutions, but Somalia was without a functional central government for 20 years. In this podcast, Somalia's Finance Minister, Abdirahman Duale Beileh, says w ... Show More
16m 6s
Sep 2023
The China Crisis: How Bad is it?
Faced with a real estate crisis, record high youth unemployment, and massive debts at the local government level, how much economic trouble is the People's Republic of China in? On this episode of the Free Expression Podcast, economist and China expert George Magnus tells Wall St ... Show More
29m 45s
Nov 2022
Is it too late to avoid famine in Somalia?
Somalia is in a state of drought following four failed rainy seasons, and a fifth predicted, with aid agencies declaring the country is in a state of famine. Despite this, the government has yet to declare a famine, insisting that certain thresholds have yet to be met. Instead, S ... Show More
24m 24s