I don't think people have realized what 5G decoupling implies for decoupling on the entire dimension of the trade relation between US and China. This is everything. And therefore you have to decouple 100% on everything. There's thoughts about returning manufacturing to the United States. We can still be successful. But we cannot just be less affair about it.
Nouriel Roubini, a.ka. "Dr. Doom," became famous for predicting the 2008 global financial crisis. Now, he is back with another grim forecast, in his new book, "MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them." He and Kara discuss the book, his prediction that we’re headed towards a stagflationary debt crisis, and US-China relations. Dr. Roubini also explains why cryptocurrency is fundamentally flawed (in fact, he thinks it’s less sophisticated than what the Flinstone’s had).
Before the interview, Kara and Nayeema discuss Sheryl Sandberg’s new report, “Women in the Workplace,” a joint venture by her organization, Lean In, and McKinsey & Company. And they talk about China’s president Xi Jinping — who is leaning into a third term as General Secretary of the Chinese Communist Party.
Follow us on Twitter @karaswisher and @nayeema to get the banter in real time!
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