
Forward Thinking
Forward Thinking on ‘megathreats,’ ‘polycrises,’ and ‘doom loops’ with Nouriel Roubini
Mar 22, 2023
39:37
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Quick takeaways
- The world is facing a combination of 10 dangerous trends that could have severe implications for economic stability and geopolitical relations, including rising debt levels, the end of globalization, and the potential for stagflation.
- Roubini warns about the 'mother of all debt crises' triggered by high global debt and rising interest rates, which could lead to severe recessions and financial distress worldwide.
Deep dives
The Rise of Mega Threats
In this podcast episode, Nouriel Roubini discusses the concept of mega threats to the global economy. He emphasizes that the world is facing a combination of 10 dangerous trends, including rising debt levels, the end of globalization, and the potential for stagflation. Roubini highlights that these threats are interconnected and can have severe implications for economic stability and geopolitical relations. He stresses the need for a holistic approach to understanding and addressing these threats, involving economics, politics, society, and technology. Roubini also explores potential solutions and the importance of collective action to navigate these challenges.
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