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COVID Impact on Education & Geopolitical Consequences | Gerald Butts | Global Stage | GZERO Media

COVID's impact on education and its long-term geopolitical consequences: Gerald Butts

It's not just kids spending too much time on their screens because they got so used to doing everything remotely during the pandemic.

The impact of COVID-related educational disruption - and the growing inequality gap - could have big geopolitical fallout in the future. Why?

Because with diminished education comes fewer economic opportunities. That will likely exacerbate already deep divisions, says Eurasia Group Vice Chairman Gerald Butts.

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What We Need To Know To Fix US Inflation | Economist Austan Goolsbee | GZERO World

What we need to know to fix US inflation

The recipe to fixing inflation depends on whether you see it as a demand or supply problem, economist and University of Chicago professor Austan Golsbee tells Ian Bremmer on GZERO World.

If inflation is being driven by too much stimulus, as economist Larry Summers believes, then the Federal Reserve is doing the right thing by raising interest rates to cool demand, Goolsbee explains. But if inflation is mostly due to the war in Ukraine or supply chain disruptions, rate hikes might result in stagflation.

US inflation is at a 40-year high and is therefore drives the perception among Americans that the economy is bad.

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When High Inflation Meets High Job Rates | GZERO World

When high inflation meets high job rates

We live in odd economic times.

Polls show Americans now feeling so glum about the economy, yet okay about their individual finances?

Why? It's the unemployment, stupid, economist and University of Chicago professor Austan Goolsbee tells Ian Bremmer on GZERO World.

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S3 Episode 9: US/China power struggle, the global political balance, and your finances

Listen: “China's ability to grow in unprecedented fashion came because they had really cheap labor, and wealthy countries around the world were very happy to take advantage of that labor. Those two things are no longer true,” said Ian Bremmer, president of Eurasia Group and GZERO Media.

From the state of the great technological decoupling to China's zero-COVID policy, the relationship between the US and China remains both critically important and deeply fraught.

In this episode of “Living Beyond Borders,” a special podcast produced in partnership between GZERO and Citi Private Bank, we’re assessing where the two nations stand today, and what some recent developments like a Chinese banking crisis, knock on effects of Russia's war in Ukraine, and a renewed debate over tariffs mean for the world and for your money.

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Ian Explains: How Bad Is Inflation in the US and Around the World? | GZERO World

How bad is inflation in the US and around the world?

Jimmy McMillan is right: the rent is too damn high. Especially in 2022 in Manhattan.

And it's not just New York; national rents going up too. US inflation is now at 9.1%, a 40-year high. The Federal Reserve is scrambling to cool rising prices without triggering a recession by raising interest rates, Ian Bremmer explains on GZERO World.

But we've already had four rate hikes, while inflation is still going strong. And hitting unemployment will only cause more pain and suffering to those who can least afford it.

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S3 Episode 8: How closing the gender gap drives economic growth

Listen: “Women make about 75% of all household consumption decisions, and control close to 100 trillion in wealth,” says Ida Liu, Global Head of Citi Private Bank. "Women can no longer be ignored."

On the latest episode of Living Beyond Borders, we look at the impact women have in 2022 on the U.S. and global economy. After some progress in the number of women in leadership positions and running businesses, the COVID-19 pandemic saw a setback for millions of women, especially those responsible for childcare. We'll look at how they are faring, and the gains women around the globe stand to obtain in the coming years.

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The Future of Globalization | Quick Take | GZERO Media

The future of globalization

Ian Bremmer's Quick Take: Hi everybody, Ian Bremmer here, and a Quick Take to get us kicked off this Monday morning. I thought I'd go a little macro today and talk about the future of globalization, because I hear so many people talking about the last 30 years of being this unprecedented period of goods and services and people and ideas and capital moving faster and faster across borders all over the world. And now, not anymore. Now, it's all about my country first and it's nationalists and it's insourcing and it's decoupling. And so we've hit this tipping point. Or have we? I don't quite buy this narrative that globalization is over. Rather, I think it's not being driven. I think people are angry about it and it's being fought over, but that's very different from saying that spikes are being put into it.

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S3 Episode 6: Economic weapons & fallout of the new Cold War

Listen: In 1985, after four decades of standoff between the world's biggest superpowers, US President Ronald Reagan had a private conversation with the Soviet leader, Mikhail Gorbachev. Reagan asked him, "What would you do if the United States were suddenly attacked by someone from outer space? Would you help us?"

"No doubt about it," Gorbachev responded.

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