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The Missing Middle with Mike Moffatt and Cara Stern
John Rapley: Is Canada's Economy in Decline?
Dec 29, 2023
The podcast explores Canada's economic decline compared to developing economies, debt dynamics over time, origins of debt creation, social contract implications, youth entrepreneurship challenges, and Canada's immigration advantage for future growth.
35:00
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Quick takeaways
- Imperial exploitation inadvertently empowered the global periphery to resist domination, challenging common misconceptions around economic decline.
- Developing countries are the new economic drivers, with Western economies facing slowdowns masked by unsustainable debt levels.
Deep dives
Parallels Between the Rise and Fall of Empires: Rome and America
When comparing the historical narratives of the rise and fall of empires like Rome to current global circumstances, the parallel lies in the evolution of a global periphery challenging an imperial core. This comparison challenges common misconceptions around factors leading to decline, emphasizing the role of imperial exploitation inadvertently empowering the periphery to resist domination.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode