In episode 3, Noah Smith and Erik Torenberg track China's housing bubble, its healthcare crisis, and Taiwan in relation to China and Japan. Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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TIMESTAMPS:
(00:00) Episode Preview
(01:20) Metabanter and how Noah TA'ed Erik's Econ 102 class
(02:41) Overview of China's economy
(05:11) Why are we seeing a slowdown in China's growth?
(07:13) The US housing bubble compared to China's
(10:03) What are the concerns around China's real estate?
(13:28) Evergrande, the Lehman Brothers of China
(15:08) Predictions for the next few years of China's economy
(17:02) What does China's slowdown mean for their position in the world at large?
(18:19) China's demographics in a decade
(21:36) US-China relations
(25:01) US vs China's defence capabilities
(27:54) Noah's plan for dealing with China
(32:24) The political coalition preserving regulations
(33:40) What should China be doing to course correct?
(37:24) China's calculus about Taiwan
(38:53) Japan's views on Taiwan and China
(41:30) One Belt One Road Initiative and Xi Jinping's Legacy
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SPONSOR THIS PODCAST:
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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
