Financial Times' Martin Wolf on the Global Finance System
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Martin Wolf, chief economics commentator at the Financial Times, is one of the world’s most informed and astute observers of the global economy. In his recently published book, The Shifts and the Shocks: What We’ve Learned—and Have Still to Learn—from the Financial Crisis, he argues that economic policy makers and central bankers are far from having solved the problems that led to the 2007–2008 financial crisis and subsequent Great Recession. For more from this interview, visit: https://www.bcgperspectives.com/content/videos/financial_institutions_insurance_martin_wolf_coping_still_fragile_global_finance_system/
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I see dark clouds in every direction. I cannot help but feel we are on the brink of brinks. I can come up with a thousand scenarios that lead to oppression, poverty, war, disease, scarcity, hate, religious fervor, and death in spades. I cannot come up with any realistic scenarios that lead to reform.
We the people are terribly screwed....first. You rich believe your safe in your ivory towers, but once the people start starving they will be coming for you. Not with pitchforks....with high tech military grade weapons they learned to use fighting in your wars of conquest and subjugation. I don't want to be around for that...but if I am and your rich, I recommend you give me a wide berth.
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