

#144 Erik Bethel - World Bank Director
54 snips Nov 11, 2024
In this conversation, Erik Bethel, a financier and diplomat with a rich background at the World Bank, dives into the intersection of finance and technology. He discusses the perplexities of data privacy concerning TikTok and the evolution of the World Bank in tackling global issues. Bethel also warns about the risks of central bank digital currencies and shares insights on China's influence in geopolitics and global finance. Personal anecdotes unveil his family's journey from Cuba, illuminating resilience amidst challenges and a unique perspective on America's economic future.
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Bethel's Family Background
- Eric Bethel's mother fled Cuba at 20 with her sisters, bringing only a photo album and a Bible.
- His father, a US diplomat, met his mother in Cuba, and they reconnected in Miami.
Bethel's Mother's Career
- Bethel's mother pursued education at the University of Miami despite facing traditional family expectations.
- She later started a successful magazine company focused on Latin American airlines.
Transition to Wall Street
- After serving as a naval officer, Bethel transitioned to Wall Street with no finance background.
- His first interview with a bond trader was a harsh wake-up call, motivating him to learn finance rapidly.