FT Alphachat

Michael Pettis on the mechanics and politics of trade

Jul 28, 2017
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Episode notes
1
Introduction
00:00 • 2min
2
The Importance of Accounting Identity in the Great Rebalancing
01:54 • 4min
3
The Effect of Current Account Surpluses on the Economy
05:36 • 2min
4
How Currency Manipulation Can Drive Up the Balance to Create a Current Account Surplus
07:27 • 3min
5
The Importance of Currency Manipulation
10:00 • 3min
6
The Effects of Negative Real Interest Rates on Savings Rates in China
12:39 • 2min
7
The Importance of Savings and Investment
14:52 • 4min
8
The Role of Mercantilism in Current Account Surpluses
18:35 • 2min
9
The Impact of Deliberate Policy Decisions on Current Account Surplus Countries
20:37 • 3min
10
The Effects of a Neutral Policy on Investment
23:09 • 3min
11
The Importance of Saving Scarcity
25:41 • 3min
12
The Effect of Lowering Credit Standards on the Savings Rate
28:40 • 3min
13
Should the US Government Invest in Infrastructure?
31:57 • 2min
14
The Effects of German Deliberate Policies on Employment in Europe
33:50 • 3min
15
The Importance of Morality in Germany's Wages
37:12 • 4min
16
Spain's Countercyclical Provisioning Policy
41:09 • 2min
17
The Spanish Current Account Balance in the 1990s
42:43 • 3min
18
The US's Current Account Deficit Problem
45:56 • 4min
19
The Impact of a Broad Tariff on the Savings Rate
50:00 • 4min