Best podcast episode I've seen in ages.
I am really into politics. Much into politics. 😊
I'm a leftist but I don't want to just stick to that and Aaron Bastani's guest here is a heterodox centre-right economist who has some fascinating insight into current geopolitics. They have a surprisingly large amount of common ground in terms of their analysis.
The main takeaways (some of them ain't pretty).
1) The Houtis disruption of Red Sea shipping will create global inflation due to supply shocks and the impact will hit in the summer months. Nobody knows how bad this will be though its likely to be significant.
2) Invasion of Iran would be logistically near impossible, despite some American policymakers wanting it.
3) Sactions and liquidation of Russian assets has a worse impact on the West than on Russia. I am sure that this is debatable but its food for thought.
4) Western politicians consistently underestimate the fragility of their economies and the risks involved with playing hardball with China.
5) Because no epic catastrophes have impacted the West in living memory, this leads our leaders into complacency and taking stupid geopolitical risks.
6) Declining birthrates in the West will result in major economic problems within a few decades and we (in Pilkington's eyes) need a plan to deal with this now.
Let me know what you think.
[media=https://youtu.be/7exjLSxKenE]
I'm a leftist but I don't want to just stick to that and Aaron Bastani's guest here is a heterodox centre-right economist who has some fascinating insight into current geopolitics. They have a surprisingly large amount of common ground in terms of their analysis.
The main takeaways (some of them ain't pretty).
1) The Houtis disruption of Red Sea shipping will create global inflation due to supply shocks and the impact will hit in the summer months. Nobody knows how bad this will be though its likely to be significant.
2) Invasion of Iran would be logistically near impossible, despite some American policymakers wanting it.
3) Sactions and liquidation of Russian assets has a worse impact on the West than on Russia. I am sure that this is debatable but its food for thought.
4) Western politicians consistently underestimate the fragility of their economies and the risks involved with playing hardball with China.
5) Because no epic catastrophes have impacted the West in living memory, this leads our leaders into complacency and taking stupid geopolitical risks.
6) Declining birthrates in the West will result in major economic problems within a few decades and we (in Pilkington's eyes) need a plan to deal with this now.
Let me know what you think.
[media=https://youtu.be/7exjLSxKenE]
41-45, M
