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Xi Came In Through The Belgrade Window, Egypt's Pyramid Scheme,  Per Capita No Cap

Xi Came In Through The Belgrade Window, Egypt's Pyramid Scheme, Per Capita No Cap

FromMultipolarity


Xi Came In Through The Belgrade Window, Egypt's Pyramid Scheme, Per Capita No Cap

FromMultipolarity

ratings:
Length:
56 minutes
Released:
May 9, 2024
Format:
Podcast episode

Description

Belgrade. Budapest. It’s not the classic tourist itinerary – but by his very footprints, Xi Jinping’s historic state visit is redrawing the power map of Europe. What does the continent look like once he’s done stomping about? The Pound is in deep trouble - the Egyptian Pound, that is. As the land of the pharaohs takes a 45 % haircut on its currency, Egypt is spreading its multipolar tentacles. They’ve announced that they’re going to be settling their trade debts in currencies other than the US dollar. Egypt is the world’s biggest importer of grain. Russia is the world’s biggest exporter of grain. You do the math. Per capita GDP should be the default way to understand whether we’re all getting richer. But for years, Europe’s treasuries have been juicing their growth numbers simply by adding more people.Now, with 13 countries in per capita recession, the migration-driven growth model is coming under the microscope as never before. Is Human Quantitative Easing about to unwind? *** Be excellent to each other, and -Get us on Twitter: https://www.twitter.com/multipolarpodOn Patreon: https://www.patreon.com/multipolarity Or on our Substack: https://substack.com/@multipolaritypod
Released:
May 9, 2024
Format:
Podcast episode

Titles in the series (80)

Charting The Rise Of A Multipolar World Order Philip Pilkington is an unorthodox macroeconomist. Andrew Collingwood is an equally skeptical journalist. Lately, both have realised that - post-Ukraine, post-Afghanistan withdrawal - the old, unipolar, US-led world order is in its death throes. In its wake, something new is being born. But what shape will that take? That will depend on a combustible combination of economics and geopolitics; trade and military muscle. Each week, our duo take three off-radar news stories and explain how each is shaping our multipolar reality.