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Is a second great depression coming? Adam Tooze on international economic crisis

May 04, 2020
 GZERO Media
Is a 2nd Great Depression Coming? | Adam Tooze: Intl Economic Crisis | GZERO World with Ian Bremmer

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Many of us experienced the major economic impact of the Great Recession from 2008-2010. The definition of a "depression" is harder to articulate, even for economists, because the US hasn't had one since the 1930s. But as unemployment rises and lockdowns to limit the spread of the coronavirus threaten the existence of businesses here in the US and around the world, we ask the question: Is another depression a possibility, and what would that look like today?

On this episode of GZERO World, Ian Bremmer poses this question to Columbia professor, economic historian, and author Adam Tooze. The two discuss the strength of the US and global economies before and during the COVID-19 pandemic, and realistic timeframes for when the financial outlook will improve.

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(Ukraine Presidential Press Office/EYEPRESS)

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What is Artificial Intelligence “good” for?

Demonstration of AI innovation at the AI for Good Summit in Geneva, Switzerland, on July 7, 2025.
Photo courtesy of ITU

Since ChatGPT burst onto the scene in late 2022, it’s been nearly impossible to attend a global conference — from Davos to Delhi — without encountering a slew of panels and keynote speeches on artificial intelligence. Will AI make our lives easier, or will it destroy humanity? Can it be a force for good? Can AI be regulated without stifling innovation? At the ripe old age of eight, the AI for Good Summit is now a veteran voice in this rapidly-evolving dialogue. It kicks off today in Geneva, Switzerland, for what promises to be its most ambitious edition yet.

How AI for Good is tackling the digital divide

- YouTube

 youtu.be

Frederic Werner discusses the importance of AI for global impact at the 2025 AI for Good Summit in Geneva, in an exclusive Global Stage interview with GZERO's Tony Maciulis. They discuss the future of AI and its role in solving humanity's challenges, from harnessing quantum computing to closing the digital divide.

Elon Musk vows to start a new political party

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Elon Musk wants to start a new political party and it’s already making waves. In this episode of Ian Bremmer’s Quick Take, Ian unpacks Musk’s so-called “America Party,” driven by Musk’s frustration with both Republicans and Democrats.

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UK Prime Minister Keir Starmer and Mayor of London Sadiq Khan leave the St Paul’s Cathedral, where a service of commemoration took place to mark the 20th anniversary of the deadly July 7, 2005, London bombings in which four suicide bombers targeted London's public transport system, in London, United Kingdom, on July 7, 2025.
REUTERS/Chris J. Ratcliffe
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