The paradox is you know you're going to get a crisis at some point in the future. You don't know where it's going to come from. The new set of tools will lean against the bubble and keep a close eye on labor ratios and the amount of debt. Why is it that the bank has always seemed to make out, you know, we socialize the losses and the gains get taken by someone else privately? But the question I think you end on really pregnant and interesting is China. Can you just give us a little bit of your analysis of China, how resilient it will be and the world economy will be in dealing with it?

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode