Anatole Kaletsky

Anatole Kaletsky, Chief Economist at Gavekal and author of Capitalism 4.0, dives into today's economic turmoil. He warns of a looming recession in the U.S. and potential fiscal crises in the UK, pointing out that both countries cling to outdated economic ideologies. Kaletsky critiques current financial strategies and advocates for new frameworks tailored to today’s realities. He also highlights the power of narrative in economics, urging a fresh perspective on fiscal policies as political landscapes shift globally.

Wolfgang Munchau, an economic commentator and director of Eurointelligence, joins Anatole Kaletsky, chief economist at Gavekal, for a deep dive into the tumultuous state of global markets. They discuss how Trump's tariff policies are shaking up globalization and could lead to a recession reminiscent of 2008. The duo examines the potential shift away from American economic dominance and the challenges Europe faces in its relationship with China, along with the urgent need for new international trade alliances.