How does the structure of the international financial system cause a drain of wealth from the poor to the rich? Political economists Radhika Desai and Michael Hudson discuss the politics of debt.
VIDEO (with the charts): https://www.youtube.com/watch?v=9Bu9dHGRpmE
Read the transcript (with the charts) here: https://geopoliticaleconomy.com/debt-politics-wea ... Show More
Sep 24
This massive new Russia-China project will have huge impact on world
Donald Trump wants to use tariffs to force countries to buy more US oil and natural gas. Instead, China and Russia signed a deal to build the massive Power of Siberia 2 pipeline, which could transform the global energy market. Russia is integrating with Asia, while Europe faces a ... Show More
38 m
Jul 2020
Episode 85 - Banks sway the narrative
Discussion of economic and political news starts at 05:57, analysis on the banks winning the narrative begins at 27:10.
After managing to record the podcast between power cuts, Ben and Nizar analyze the political and economic news of the past week, including Alain Bifani's resign ... Show More
48m 36s
Aug 4
What's Really Happening with the US Economy?
While the White House claims the US economy is booming, recent data indicates otherwise, with one report in particular fueling concerns about a weak job market. In response, President Trump fired the person responsible for producing the numbers he claims were "rigged." So what's ... Show More
56m 13s
Sep 2024
How to cut government debt, with Robin Wigglesworth
Jamaica’s economy struggled for decades, and at one point it had amassed debts worth more than 140 per cent of GDP. Even the IMF wouldn’t return its calls. But somehow, in the 2010s, it managed to halve its government debt – over just seven years. Today on the show, we ask how th ... Show More
28m 24s
Aug 2024
The Economics Show with Soumaya Keynes: What’s wrong with economics?
This week, we’re bringing you something from our fellow FT podcast, The Economics Show with Soumaya Keynes.
Sir Angus Deaton won the Nobel Prize in Economics in 2015. So when he says he is rethinking many of his assumptions about the field, it matters. Today on the show, Soumaya ... Show More
34m 42s