Global Pillars of Prosperity are Getting Increasingly Shaky
Over the past few decades, the world's economic and political leaders were spoiled by relatively low inflation and minimal borrowing costs, a supercharged economy in China driving demand and generally modest geopolitical tension. But as we know, all of that has changed. With inflation soaring, Chinese growth slowing and Russia waging war on Ukraine, Bloomberg Chief Economist Tom Orlik contends the pillars that long underpinned rising prosperity have shifted.
This week, the podcast is coming to you daily from the Bloomberg New Economy Forum in Singapore, where corporate and political leaders…
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