
Nouriel Roubini: Risk in the Age of Bank Failure
Real Vision: Finance & Investing
00:00
The Real Vision Daily Briefing
The geopolitical context that we find ourselves within today and what it implies for fiscal and economic activity in the world. A bunch of revision powers, China, Russia, Iran, North Korea, possibly Pakistan and others are effectively allied. They want a different order. That's why we have a cold war is getting colder. We already have a hot war between Russia and Ukraine. It's going to get uglier. And therefore this geopolitical depression is going to be one of the key factors leading to the globalization. Look no further than the UK. Why the UK is now much higher inflation than the rest of Europe because they shoot themselves in the food.
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