Interconnectivity: the new structure of the world economy | Min Zhu | TED Institute
Economy | Information | History | Online | Facts | World | Global | Money
The 2008 global financial crisis left the world reeling - markets went under, millions of jobs were lost and economic security was deeply compromised - all within the space of a few months. IMF economist Min Zhu lays out how global economies are intricately connected, and how a bankruptcy in one country can cause lasting damage worldwide. Understanding these complex relationships - and implementing protective systems to guard against similar meltdowns in the future - he urges, is imperative if we’re to protect against the increased volatility of our hyperglobal era. TED@BCG Paris embraced the concept of continuous change. To manage the growing complexities of this new normal, speakers sought inspiration from history and biology to describe creative, imaginative, unexpected ways ahead. About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas. Learn more at http://www.ted.com/ted-institute Follow TED Institute on Twitter @TEDPartners Subscribe to our channel: https://www.youtube.com/user/TEDInstitute
Comments
-
I think it was really good to observe a leader coming from China on the world stage. Albeit Zhu misses the key point about what leads to failure is broken promises, and the charts he is showing are fantastic and can be better shown in terms of what happens when one constituency does not keep its promises to others. Its beautiful presentation of the facts and data. The key issue that cannot be solved by IMF is that at country-state level there is no 911. When one country misbehaves and doesn't keep its promises, the best hope the other country has is to beg, coerce, threaten, send ships with guns, or weep and accept their destiny.
-
I don't understand why it's taking so long for the education of the 'Debt Based Currency" to be understood by the masses. Watch 'Money Masters'. This is the True history of Why the world is in the state it is. More so why those creating our currency can and do manipulate the supply of money to create instability. but many WAR, as WAR is the most profitable business on the planet. And has been used to generate Wealth for the Ultra Wealthy since the Roman Empire used WAR to plunder the world of it's individual Wealth. We must return to a DEBT FREE Currency. This can be done with the stroke of a pen, by any sitting president. We just need a Debt Free Currency, which as easy as printing our US Currency from our Treasury, as stated in the Constitution. I'm sure if the Truth of Money were known by the 99%, The 99% would unanimously VOTE to have our Currency printed by the Treasury. Debt Free, Only then can a free market truly be Free.
13m 46sLenght
38Rating