The Grant Williams Podcast cover image

The End Game Ep. 49 - Paulo Macro PREVIEW

The Grant Williams Podcast

00:00

Crisis Breeds Action

Tension exists between the Ministry of Finance and the Bank of Japan (BOJ), characterized by slow movement in response to long-standing challenges. Unlike other countries, such negotiations remain behind closed doors, creating an illusion of consensus. The BOJ's historical inertia, shaped by past unsuccessful efforts over decades, has fostered an environment resistant to swift changes. Leaders typically respond to crises rather than preemptively solving issues, prioritizing actions that allow them to take credit for resolving problems and deflect blame onto predecessors. Currently, there is no perceived crisis, and thus, leaders view only potential pathways forward.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app