"Econ 102" with Noah Smith and Erik Torenberg

China, Russia, the Middle East, and Geopolitical Predictions

7 snips
Nov 8, 2023
Delve into the shifting geopolitical dynamics in Asia and the Middle East. Explore the potential for a new Cold War involving the U.S. and China, while uncovering the changing role of the Middle East in global politics. Learn about Ireland's economic evolution and the impact of Brexit. Unearth the complexities of nuclear deterrence in relation to Iran and Israel. Finally, consider demographic changes in the Middle East and the future challenges they pose to governance and regional stability.
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ANECDOTE

Ireland's Economic Transformation

  • Ireland was once stereotyped as a backwards nation.
  • Today, it's one of the richest countries, surpassing the UK in wealth.
INSIGHT

Stereotypes vs. Reality

  • National stereotypes are often inaccurate and based on outdated perceptions.
  • Economic success challenges these biases, as seen with Ireland, South Korea, and Poland.
INSIGHT

Brexit's Economic Impact

  • Brexit harmed the UK's finance-heavy economy by cutting it off from the EU market.
  • While overall immigration increased, EU immigration decreased, contrary to Brexit supporters' goals.
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