Is the Gulf Still the Capital of Capital? + How War Could Hurt America’s Tech Funding
This episode explores how the Gulf region transformed into a global “capital of capital,” and the risk of the Iran conflict disrupting that role. It examines the ripple effects on global markets, U.S. tech and AI investment, and the broader balance of economic power if Gulf capital starts turning inward to focus on defense.
Hosts:
Rebecca Patterson, Senior Fellow, CFR
Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics, CFR
We discuss:
How the Gulf transformed itself from a group of oil-dependent economies into a global “capital of capital,” attracting trillions in…
The skinny
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