GZERO World Clips
The next economic crisis Larry Summers is worried about

The next economic crisis | Larry Summers | GZERO World

On GZERO World, Ian Bremmer and former US Treasury Secretary Larry Summers discuss the policy response to the recent banking crisis involving Silicon Valley Bank and the Biden administration's actions.
Summers rates the government's move to step in and guarantee depositors in SVP positively but expresses concern over the high cost of the SVB bailout.
He also worries about the real estate sector, particularly the office building sector and corporate lending to mid-size businesses.
At the Munich Security Conference, a group of global technology providers, including Microsoft, announced the Trusted Tech Alliance — committed to shared, verifiable principles for trusted, transparent, and resilient technology across borders. At a moment of economic volatility and zero-sum technological competition, countries and customers are demanding greater accountability from technology providers. The Alliance addresses this by bringing together companies from across Africa, Asia, Europe, and North America around shared commitments: transparent governance, secure development practices, supply chain oversight, open digital ecosystem, and respect for the rule of law—ensuring the benefits of emerging technologies strengthen public trust while driving job creation and economic growth. Learn about the Trusted Tech Alliance here.
Europe looks increasingly prepared to defend itself without America. Ian Bremmer and Ivo Daalder assess what that means for NATO, Ukraine, and the future of the West.
Ian Bremmer sits down with former US Ambassador to NATO Ivo Daalder to unpack a historic shift in the transatlantic alliance: Europe is preparing to defend itself without its American safety net.
Europe can no longer rely on the US and must step up to defend its own future, Ian Bremmer reports from the Munich Security Conference.