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TRIGGERnometry

The State of the World Economy with Liam Halligan

Oct 8, 2023
01:02:29
Snipd AI
"TRIGGERnometry" welcomes Liam Halligan, a British economist, journalist, author, and broadcaster. They discuss the impact of the pandemic on the global economy, China's role in global growth, UK exports to the EU, net zero discussions, and power dynamics shifting towards the East. They also touch on the state of the world economy, including the collapse of Chinese property conglomerates and unwinding quantitative easing. Topics like OPEC's actions, the emergence of BRICS, and the importance of consent in democracy are explored. Additionally, the podcast covers house prices, future interest rates, and leveraging the UK's joining of the CP, TPP for economic growth in the Pacific Rim.
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Podcast summary created with Snipd AI

Quick takeaways

  • The war in Ukraine has led to a spike in food prices due to disrupted Ukrainian ports, affecting countries reliant on Ukrainian grain.
  • Brexit has not led to a decline in UK exports to the EU and the UK economy is growing at a moderate pace compared to other countries.

Deep dives

The Impact of the War in Ukraine on the Global Economy

The podcast episode discusses the impact of the war in Ukraine on the global economy. It emphasizes that the war has caused a spike in food prices due to the disruption of Ukrainian ports, which has affected countries reliant on Ukrainian grain. Additionally, the podcast highlights the role of OPEC and OPEC Plus in manipulating oil prices and exerting control over global oil production. This geopolitical shift, led by countries like Russia and Saudi Arabia, challenges the influence and hegemony of the West. The podcast also raises concerns about the potential inflationary effects of continued conflict in Ukraine and the actions of OPEC Plus in manipulating oil prices. Overall, the episode underscores the need for a deeper understanding of these geopolitical dynamics and their implications for the global economy.

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