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We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors. This week, from 2022: As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help By Jamie Martin. Read by Kelly Burke. Help support our independent journalism at theguardian.com/longreadpod
Daleep Singh, Vice Chairman and Global Chief Economist of investment manager PGIM, joins the Inside Economics team to discuss the seismic shifts occurring in the global economy and financial system. The unipolar global economy, which the U.S. dominated for decades after the collapse of the Soviet Union, has given way to the old normal, a world much like that of the Gilded Age that only ended with World War I. Listen in to hear if Daleep believes this time will be different.Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oren Cass, founder and chief economist of American Compass and editor of The New Conservatives: Restoring America's Commitment to Family, Community, and Industry (Simon & Schuster, 2025), argues for a new approach to global trade, one based on balance.
Inflation isn't an economic metric—it's a political tactic. When governments lie about inflation, they're not miscalculating; they're stealing from you. Mises Fellow Karl-Friedrich Israel explains to Peter McCormack how inflation quietly enriches asset holders, punishes workers, and pushes Europe into a slow, silent decline.If your living standards are falling while politicians insist everything is fine, this conversation will make sense of it. If you still believe governments can print prosperity without consequences, you won't enjoy what follows.The original episode is available at https://www.petermccormack.com/episodes/133-karl-friedrich-israel-the-government-is-lying-about-inflation
Steve Forbes praises the new "Trump Accounts" and points to the $6.5 billion donation by Michael and Susan Dell to help fund those of 25 million American children.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes explains the complex and stark realities facing President Trump and his team in achieving a peace deal with Russian President Vladimir Putin to end the Russia-Ukraine War.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes shreds the latest budget for the U.K., explaining why its raised taxes and ending of jury trials will accelerate the startling degeneration of the U.S.'s mother country, and warns that what's happening in Britain is a warning to those who cherish liberty.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Miyelani Maluleke discusses stronger GDP projections and what the data reveals about US tariff pressures.
Kristina Clifton and Samara discuss the top influences effecting currency markets this week including an improving global economy, Australian GDP data, and Canadian labour market data. Disclaimer: Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au. No Reliance This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes. This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made. Liability Disclaimer The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast. Usage of Artificial Intelligence To enhance efficiency, GEMR may use the Bank approved artificial intelligence (AI) tools to assist in preparing content for this podcast. These tools are used solely for drafting and structuring purposes and do not replace human judgment or oversight. All final content is reviewed and approved by GEMR analysts for accuracy and independence.
Michael Jaco is joined by Alpha Warrior and Josh Reid for one of the most explosive, high-level breakdowns of global operations, domestic corruption, and future warfare strategies happening behind the scenes right now. This intense conversation uncovers the geopolitical chessboard the public is never shown — from covert military operations and WWIII–style proxy conflicts, to the hidden hands influencing governments, elections, and mass migration. The trio exposes how open borders, cartel infiltration, and foreign sabotage are being used as modern warfare tools designed to destabilize the United States from within. They dive deep into the rise of AI-driven psychological warfare, the manipulation of consciousness, timelines, and frequency, and how globalist actors are weaponizing crisis after crisis — economic, political, spiritual — to push humanity toward engineered submission. Human trafficking networks, government corruption, compromised institutions, and the coordinated attacks on national sovereignty all take center stage as Alpha Warrior and Josh Reid bring forward-ground intelligence, military analysis, and pattern recognition most Americans never see. Despite the darkness, the conversation illuminates how patriots, citizen intelligence networks, spiritual warriors, and truth-seekers are rising like never before. They discuss how to break the conditioning, see through the illusion, and reclaim personal and national sovereignty during the most critical period in modern history. This is strategic intel, spiritual warfare insight, and real-time geopolitical analysis rolled into one — a must-hear briefing for anyone ready to understand the real battlefield.
After all the kite-flying, the doom-laden briefings and the policy U-turns, the UK Budget landed well with the markets. But did gilts rally simply because the news wasn't worse, or has the government genuinely won over the bond vigilantes? And for all the initial success in launching this Budget, where is the strategy that will lift the UK's anaemic growth? Chief UK Economist Paul Dales and Deputy Chief UK Economist Ruth Gregory join David Wilder to assess the Budget's impact, the economic fallout and why lingering political uncertainty still points to more bond-market volatility in 2026.Plus, Chinese fixed-asset investment is falling, prompting debate among China watchers about whether it's a sign the crackdown on price wars and overcapacity is biting. But China Economist Leah Fahy explains why there could be less to investment's weakness than the success of Beijing's policies – and the latest reading of our China Activity Proxy helps show why. Analysis and events referenced in this episodeWatch: The Autumn Budget – What's next for the economy and markets?Register: Autumn Budget – What does it mean for the property outlook?Read: Autumn Budget - Markets give the smaller-than-expected Budget the thumbs upExplore: The economic and market impact of AIRead: CAP: Growth slows, but industry still going strong
Steve Forbes explains why the experience of the pilgrims could off a much-needed Thanksgiving lesson for NYC Mayor-elect Zohran Mamdani: that socialism doesn't work.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Steve Forbes breaks down why any Russia-Ukraine peace plan that leads to the domination of Ukraine by Russia will prove to be a false success, and would set in motion horrific consequences not only in Europe but Asia and the rest of the world.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Mike Bird is the Wall Street editor for The Economist magazine and is the author of The Land Trap: A New History of the World's Oldest Asset. Mike returns to the show to discuss the conclusion of Abenomics, the origins of land as an asset, the surge in housing prices during the COVID-19 Pandemic, the unsuspecting story of Wolf Ladejinsky, how housing impacted Japan's lost decade, the modern history of land in China, and much more. Check out the transcript for this week's episode, now with links. Recorded on November 4th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Mike on X: @Birdyword Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps 00:00:00 - Intro 00:01:27 - Abenomics 00:04:32 - Motivations for The Land Trap 00:7:58 - Land as a Different Kind of Asset 00:14:55 - COVID-19 Housing Prices 00:20:42 - Land as an Enduringly Important Asset 00:24:34 - Wolf Ladejinsky 00:37:14 - Japan from 1980s Onward 00:47:28 - Land in China 00:56:36 - Henry George 01:00:42 - Outro
Is the bubble bursting? Despite a big earnings beat from Nvidia, concerns about overheated AI valuations are mounting. Jonas Goltermann weighs the risks that the equities rally is fading. We also look at what to expect from Rachel Reeves' Budget after an unusually turbulent build-up, and the possible economic fallout. And Neil Shearing considers what this week's Trump-Mohammed bin Salman meeting signals about Saudi Arabia's position in a fracturing global economy.Analysis and events referenced in this episode:UK Drop-In: The Autumn Budget – What's next for the economy and markets?What if the AI stock market boom turned to bust?Why we aren't worried about US tech valuationsMbS's Washington trip tips the balance in US's favour
Steve Forbes explains why the Main Street Deposited Protection Act, which would raise the FDIC insurance limit from $250,000 to $10 million, would expose taxpayers to enormous risk, eliminate crucial market discipline, and primarily benefit wealthy corporations rather than ordinary Americans.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Roughly 1.2 billion young people will reach working age in developing countries over the next 10-15 years. However, current projections show that only 420 million jobs are expected to be created by that time, meaning millions of young people will be left without a clear path to employment. World Bank President Ajay Banga joins Clarke Murphy and Marla Oates on Redefiners to talk about what the Bank is doing about it, and why job creation is so critical to both developing countries and the global economy. Ajay talks about what he's doing to transform the 80-year old institution into a faster, more efficient, and more impactful partner in development, including partnering more with the private sector to increase investments in emerging markets. He also discusses what he calls the Decency Quotient and how leaders can tap into that in order to lead people with a hand on their back, not in their face. We'll also hear from Rebecca Hart, a leadership advisor in our Atlanta office, who will discuss why the most successful leaders prioritize curiosity over having all the answers. Four things you'll learn from this episode: How to get everyone aligned with a bold mandate, mission and vision and how to deal with challenging feedback Why job creation is a critical piece in global development Why the private sector is critical to international development What the Decency Quotient is and why it matters for leaders today If you enjoyed this episode, you might also like these Redefiners episodes: Music with a Mission: Former MTV International Chairman and CEO Bill Roedy on Leading with Purpose Leadership Lounge: Built to Last or Built to Learn: How Leaders Can Develop Resilience Action Creates Hope: A Conversation with IRC President and CEO David Miliband Leadership Lounge: From Firefighting to Future-Building: How Leaders Can Master Perpetual Transformation Thriving Through Adversity: How WTO's Dr. Ngozi Okonjo-Iweala is Solving Global Problems Leadership Lounge: Beyond Handshakes: How to Build Trust and Transform Executive Team Performance
Steve Forbes lays out an economic program that President Trump can employ to lower costs for American citizens and prevent a Republican routing in the 2026 midterms.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Vandaag duiken we in het IMF World Economic Outlook van oktober 2025, met de veelzeggende titel “Global Economy in Flux, Prospects Remain Dim", de wereldeconomie is in beweging. Maar de vooruitzichten blijven echter somber. Peter De Keyzer geeft meer duiding in zijn wekelijkse bijdrage. In Trends podcasts vind je alle podcasts van Trends en Trends Z, netjes geordend volgens publicatie. De redactie van Trends brengt u verschillende podcasts over wat onze wereld en maatschappij beheerst. Vanuit diverse invalshoeken en met een uitgesproken focus op economie en ondernemingen, op business, personal finance en beleggen. Onafhankelijk, relevant, telkens constructief en toekomstgericht. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Trump's Actions and Their Impact on His Supporters (0:11) - Michael Yahn's Dark Outlook for America (0:57) - Positive Interviews and Upcoming Content (2:28) - Trump's Attacks on MAGA Leaders (4:29) - Reactions to Trump's Actions (9:40) - The Future of the US Empire (29:54) - Michael Yahn's Analysis of Trump's Actions (59:26) - The Role of Zionist Interests in Trump's Actions (1:12:40) - The Impact of Trump's Actions on Global Politics (1:16:18) - The Future of the US and Global Economy (1:16:36) - Trump Administration's Economic Data and Globalist Agenda (1:16:53) - Financial System's Vulnerabilities and Job Losses (1:23:49) - Impact of AI and Job Replacement on the Economy (1:26:01) - Geopolitical Tensions and Water Crises (1:27:39) - China's Influence and Depopulation Efforts (1:31:40) - NATO's Decline and Russia's Military Advancements (1:32:49) - Economic Collapse and Manufacturing Decline (1:41:07) - Thailand's Self-Destruction and Drug Legalization (1:45:05) - Bitcoin's Vulnerabilities and Gold's Importance (1:49:06) - Final Thoughts on Economic Collapse and Revolt (2:10:07) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
Steve Forbes warns of the ever-increasing nuclear threat posed by North Korea and its erratic dictator Kim Jong Un—and proposes putting nuclear weapons in key U.S. ally South KoreaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
A conversation with Marxian/socialist economist Michael Roberts on the current state of the global economy and where things may be headed. Are we in a period of secular stagnation or the "winter" of a long wave economic cycle. Is "time running out" on the capitalist economic system, and if so, what can be done?
Where is the big macro payoff from the surge in artificial intelligence investment? And is AI wiping out entry-level jobs? The latest episode of The Weekly Briefing from Capital Economics unpacks these questions and examines what this new wave of technology really means for growth and labour markets.The episode also marks the reopening of the US government with a clear assessment of the economic outlook, and explores how fiscal risks are disrupting politics across the US and Europe. These pressures are set to shape policy debates well into 2026.Analysis and events referenced in this episodeRead: How to think about AI investmentRead: Has the AI “jobpocalypse” begun?Read: China summer investment slump likely to be short-livedWatch: EM Drop-In: India at the geo-economic crossroadsCapital Economics events
Steve Forbes explains why axing the FCC once and for all would be a huge win for free speech and a major step in protecting the First Amendment from government overreachSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of One Decision, hosts Kate McCann and Sir Richard Dearlove, former head of Britain's MI6, sit down with Mohamed El-Erian, renowned economist and the Rene M. Kern Practice Professor of the Wharton School of the University of Pennsylvania. They discuss how President Donald Trump's tariff policies have shifted the landscape of geo-economics, as countries struggle to adapt to US trade policies. They also examine the state of the US dollar and whether its position as the leading reserve currency may be at risk. Plus, how AI will change the global economy and how a universal basic income could protect against drastic labor impacts. Episode produced by Situation Room Studios. Original music composed and produced by Leo Sidran. Learn more about your ad choices. Visit megaphone.fm/adchoices
The global economy is constantly evolving with forces like Automation, Robotics and artificial intelligence redefining the global workforce and how businesses drive growth and innovation at scale. As the Magnificent Seven Tech giants lay off tens of thousands of people leveraging AI to drive out repetitive, mundane tasks, the labor force is challenged to broaden their skillset and redefine their value to stay relevant. Getting an understanding of what is happening in the economy on both a global and a national level has never been more important. In this episode of The Reboot Chronicles Show, we're joined by economist and commentator Peter Morici to help make sense of the forces driving today's economic landscape. Peter is one of America's most unfiltered and respected economic voices. He has served as Chief Economist at the U.S. International Trade Commission, authored 18 books, and is a familiar guest on CNN, Fox Business, CNBC, and Newsmax. He brings perspective with a historical lens towards economic cycles that infuse logic and experience to help navigate uncertain times. This is precisely why we wanted Peter on the program. To unpack what's really happening beneath the headlines. To gain insights on how to advance during this consequential AI moment and take advantage of the tremendous opportunity to Reboot to stay relevant.
Steve Forbes demands reform of the U.S.'s air traffic control system as the government shutdown, and many recent accidents, have shown its vulnerability—and calls for the system to be turned into an independent non-profit organization removed from politics.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Who was Rachel Reeves really speaking to when she hinted at higher taxes this week? How much of a threat is the Supreme Court to Treasury tariff revenues? And how useful is “G2” as a lens for the new global order? Group Chief Economist Neil Shearing unpacks these big global macro questions in the latest episode of The Weekly Briefing from Capital Economics. Also on the show, Chief Markets Economist John Higgins assesses whether this week's sell-off marks the end of the great AI-driven US equity boom, or was just a wobble on the way to new highs.Analysis and events referenced in this episodeRead: UK Autumn Budget 2025 PreviewRead: How could the Budget influence UK housing?Drop-In: India at the geo-economic crossroadsDrop-In: Commercial Property Outlook - What to watch out for in 2026Read: Reliance on tech is a double-edged swordRead: What to make of the mixed reaction to this week's big-tech results
The thirtieth Conference of the Parties of the United Nations Framework Convention on Climate Change, or COP30, meets in Belém, Brazil next week. The most urgent challenge is finance: How do we pay for the massive global shift away from fossil fuels and fund essential adaptation projects to cope with a changing climate? To preview COP30, two leading Brookings experts on climate join the show: Samantha Gross is a fellow in Foreign Policy and director of the Energy Security and Climate Initiative at Brookings; and Amar Bhattacharya is a senior fellow with the Center for Sustainable Development in the Global Economy and Development program at Brookings. Show notes and transcript. Follow The Current and all Brookings podcasts on Apple, Spotify, or wherever you get your podcasts. Send feedback email to podcasts@brookings.edu.
Steve Forbes explains why the Federal Reserve must continue cutting rates despite Fed Chair Jerome Powell's hesitance to do so, warning that failure would cause the stock market's bull run to turn bearish. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Catherine Rampell, anchor at MSNBC and economics editor at The Bulwark, talks about the latest economic news, including on President Trump's tariffs and China, inflation numbers, SNAP benefits and more.
Steve Forbes shares his unvarnished reaction to Fed Chair Jerome Powell's press briefing on Wednesday, calling out Powell's comments about a possible December rate cut and slamming the institution for remaining wedded to the false idea that prosperity causes inflation.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
- Resumption of Nuclear Weapons Testing by the United States (0:09) - Mike Adams' Introduction and Studio Setup (1:24) - Advanced Russian Weapons Systems (7:35) - Comparison of US and Russian Military Capabilities (13:01) - Trump's Military Strategy and Its Implications (44:32) - The Role of Education and Innovation in US Competitiveness (1:04:44) - The Impact of Trump's Policies on the US and Global Economy (1:07:57) - The Importance of Light and Natural Intelligence (1:12:14) - The Role of Personal Care Products in Contaminating the Body (1:20:26) - The Need for a Coherent and Strategic Approach to US Foreign Policy (1:21:45) - Clean Living and Cognitive Performance (1:22:08) - Health Ranger Store Products and Benefits (1:24:57) - Global Political and Economic Tensions (1:26:35) - Russian and Chinese Military Capabilities (2:05:01) - Economic Collapse and Social Unrest (2:05:23) - AI and Supernatural Intelligence (2:07:59) - Global Surveillance and Control (2:18:12) - Preparedness and Self-Defense (2:19:56) - Spiritual and Supernatural Dimensions (2:20:14) - Final Thoughts and Future Outlook (2:26:06) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
Steve Forbes responds to the election victory for Argentinian President Javier Milei's party by pointing out that now world leaders have to finally understand the nature of inflation, and solve it before it leads to more social and economic destruction.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What do a barracks from British troops in the Falkland War, a floating jail of the Bronx, and temporary housing for VWF workers in Germany have in common? Well according to our next guest, Ian Kumekawa, they have all inhabited one Swedish barge built in 1979. Now, the barge has so many names, the author calls it “The Vessel.” The book is called “Empty Vessel: The Story of the Global Economy in One Barge.”
Ashley and Nick Evancho say raising their 3-year-old, Sophia, is one of the most joyous things they've ever done. But the Evanchos also made a decision that's increasingly common for families in the U.S. and around the world: One is enough. The trend is leading to populations that are dramatically older, and beginning to shrink, in many of the world's biggest economies.Experts say a rapidly aging and gradually shrinking population in the world's wealthiest countries could force sweeping changes in people's lives, causing many to work longer before retirement, making it harder for business owners to find employees and destabilizing eldercare and health insurance programs.This story is part of NPR's Population Shift series.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This episode was produced by Paige Waterhouse and Connor Donevan, with audio engineering by Jimmy Keeley. It was edited by Andrea de Leon and Courtney Dorning. Our executive producer is Sami Yenigun.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Steve Forbes praises the Thatcheresque inclinations of Japan's new prime minister, Sanae Takaichi, which could help her nation dig out of its economic rut—but Forbes warns that she is still pursuing the same plans as before, which could ensure an economic crisis.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
For weeks now, thousands of Sydneysiders have queued for up to hours at a time, hoping to cash in on the soaring price of gold. Investors view the precious metal as a safe haven during times of economic uncertainty and despite fluctuating prices, gold is having its biggest rally since the 1970s. Economics editor Patrick Commins joins Reged Ahmad to break down what ‘gold fomo' says about the state of the global economy
In this episode, Joyce Chang, chair of Global Research at J.P. Morgan, is joined by Jahangir Aziz, head of Emerging Markets Research, and Jay Barry, head of Global Rates Strategy. Together, they explore how AI is reshaping global economic narratives, why tech innovation trumps tariffs, the evolving U.S.–China relationship and more. They also discuss other topics including stagflation risks, shifting trade dynamics and the outlook for U.S. Treasury markets. What does the global economy's new normal look like? This episode was recorded on October 21, 2025. This communication has been prepared based upon information from sources believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy except with respect to any disclosures relative to J.P. Morgan and/or its affiliates and an analyst's involvement with any company (or security, other financial product or other asset class) that may be the subject of this communication. Any opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This communication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. J.P. Morgan Research does not provide individually tailored investment advice. Any opinions and recommendations herein do not take into account individual circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies. You must make your own independent decisions regarding any securities, financial instruments or strategies mentioned or related to the information herein. Periodic updates may be provided on companies, issuers or industries based on specific developments or announcements, market conditions or any other publicly available information. However, J.P. Morgan may be restricted from updating information contained in this communication for regulatory or other reasons. This communication may not be redistributed or retransmitted, in whole or in part, or in any form or manner, without the express written consent of J.P. Morgan. Any unauthorized use or disclosure is prohibited. Receipt and review of this information constitutes your agreement not to redistribute or retransmit the contents and information contained in this communication without first obtaining express permission from an authorized officer of J.P. Morgan. Copyright 2025, JPMorganChase & Co. All rights reserved.
Steve welcomes Terry Sawchuk, founder of Sawchuk Wealth, to break down what's really driving the gold market and the state of the global economy in 2025. They discuss why the popular story of a “debasement trade”, institutions fleeing fiat currency, may not be true, and how much of gold demand is actually driven by central banks, particularly China. Sawchuk also highlights that over 50% of global transactions are still settled in U.S. dollars, and the dollar's dominance has actually increased. Looking ahead, they explore the bull market's resilience, the likelihood of a short-term 5–10% correction, and the global shift from a petroleum-based economy to one centered on energy and computing power, a transition linked to recent Middle East peace deals and the waning era of the Petro-Dollar. Visit sawchukwealth.com/gruber to schedule a free 30-minute fit call
JC Cole has had us paying attention to the gold and silver market for the past 4 1/2 years. Now is the time the bovine fecal matter is hitting the fan, are you ready?
Steve Forbes warns that President Trump appears to be pushing a settlement with Russia that would jeopardize Ukraine's viability, and would jeopardize the free world—and urges the administration to change course and protect Ukraine's sovereignty.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of the Human Action Podcast, Bob unpacks Lerner's Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in.The Human Action Podcast on Trump's Tariff Strategy: Mises.org/HAP522a The Lerner Symmetry Theorem: Mises.org/HAP522bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
In this episode of the Human Action Podcast, Bob unpacks Lerner's Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in.The Human Action Podcast on Trump's Tariff Strategy: Mises.org/HAP522a The Lerner Symmetry Theorem: Mises.org/HAP522bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
I am worried about the global economySimon Jack, BBC Business Editor speaks to global financial titan Jamie Dimon. He's the Chief Executive and Chairman of JP Morgan Chase, America's largest bank, and one of the biggest banks in the world. He oversees more than $4 trillion of assets, and has the ear of world leaders.He believes we are living in a time of uncertainty, and is concerned about the impact on the global economy. The risk of a serious fall in the US stock market within the next two years is being underestimated, he claims, adding he is far more worried about this than others. But he still puts his faith in the American economy, saying it is the best in the world. And while he says the United States is now a “less reliable” international partner, it is thanks to the actions of President Trump that other NATO members have stepped up their spending on defence. Such investment he believes is essential, in a world more dangerous since the Russian invasion of Ukraine.Jamie Dimon has been at the helm of JP Morgan Chase for nearly twenty years. Now he has been tipped as a potential US Treasury Secretary, something he says is not on the cards.Thank you to the Big Boss Interview team for their help in making this programme. The Interview brings you conversations with people shaping our world, from all over the world. The best interviews from the BBC. You can listen on the BBC World Service, Mondays and Wednesdays at 0700 GMT. Or you can listen to The Interview as a podcast, out twice a week on BBC Sounds or wherever you get your podcasts.Presenter: Simon Jack Producers: Oliver Smith, Lucy Sheppard Editor: Justine LangGet in touch with us on email TheInterview@bbc.co.uk and use the hashtag #TheInterviewBBC on social media.
In this episode, Eric and Andy discuss the ongoing challenges and updates regarding Andy's apartment building project, including supply chain issues, equipment upgrades, and the impact of tariffs on costs. They explore the complexities of managing a construction project in today's global economy, emphasizing the importance of effective communication with customers and adapting pricing strategies to account for unexpected expenses.TakeawaysMold remediation techniques like dry ice blasting are being utilized.Tariffs are significantly impacting equipment costs.Communication with customers about pricing is crucial.The global supply chain affects local projects.Anticipating future costs is essential for project management.The importance of adapting to changing market conditions.Customer expectations need to be managed effectively. Send us a textSend us your feedback or topic ideas over on our social channels!Eric Aune @mechanicalhub Andy Mickelson @mick_plumbNewsletter sign up: https://bit.ly/MH_email
We chat with Laleh Khalili — author of Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy — about the different systems, footsoldiers, and circuits of extraction that are essential to capitalism. We take a tour of the great many worlds of extraction: from sand mines and oil fields, to management consultants and chemical engineers, to surveillance systems and genocidal colonialism — all of which are connected together by the imperatives of extraction. Marx said that capitalism contains the seeds of its own destruction, but we are in a race to see who capitalism will destroy first: itself or all of us. ••• Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy | Laleh Khalili https://www.versobooks.com/en-gb/products/3405-extractive-capitalism Standing Plugs: ••• Order Jathan's new book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite ••• Subscribe to Ed's substack: https://substack.com/@thetechbubble ••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekills Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
Life, Economy, and Chinese Threat Perception in Taipei, Taiwan Guest: Anne Stevenson-Yang Anne Stevenson-Yang reports from Taipei, Taiwan, a vibrant economy and republic vital to the global economy due to TSMC, the microchip maker. Taiwan is characterized by a wonderful public culture where honesty and personal safety are prevalent. Despite its high-tech focus, the economy suffers from problems common elsewhere, including increasing income inequality, unaffordability, high housing prices, and stagnant wages. Regarding geopolitical tensions, the average Taiwanese person is largely immune to the constant threat from China, having heard talk of belligerence for the last 30 years. However, there is apprehension related to China's grim economic winter and growing concern that the US protective umbrella may be receding, leading to more interest in investing in Taiwan's own defense. 1925 TAIPEI
What if global trade isn't really a fight between nations—but between classes? In the fourth episode of our Trade series, Nick and Goldy talk with economist and writer Matthew C. Klein, co-author of Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. Klein argues that the real story behind trade imbalances isn't about countries “winning” or “losing”—it's about how elites hoard profits while workers everywhere pay the price. From China's suppressed wages to Wall Street's endless appetite for financial assets, this conversation exposes how the true conflict in trade is between labor and capital—and what it would take to build a more equitable global economy. Matthew Klein is an economist, writer, and co-author of Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. He writes The Overshoot, a publication focused on global economics and financial markets, and his work has appeared in the Financial Times, Barron's, and The Economist. Social Media: @M_C_Klein Further reading: Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace THE OVERSHOOT: Making sense of the global economy and financial markets Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social TikTok: @pitchfork_econ Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch
Political Scientist Laleh Khalili joins us to discuss her new book, "Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy" out now from Verso. "The Moment of Truth" with Jeff Dorchen follows the interview. Check out Laleh's book here: https://www.versobooks.com/products/3405-extractive-capitalism Help keep This Is Hell! completely listener supported and access bonus episodes by subscribing to our Patreon: https://www.patreon.com/thisishell Please rate and review This Is Hell! wherever you get your podcasts. It really helps the show ascend the algorithm to reach new listeners.