Why the World Economy Gets a B Grade - With Baroness Dambisa Moyo (Economist, Legislator & Author)

Рет қаралды 347

Күн бұрын

Armed with a degree, MBA, MPA, and a PhD, the author of 5 bestselling books, a trained economist, a previous employee of Goldmans Sachs, a life peerage in the House of Lords, sought after board member, one of Time Magazine’s 100 Most Influential People in the World, and on Oprah Winfrey’s “O” Power List, our guest today seems to have it all!
Dambisa Moyo has written about why development aid to Africa isn’t working, the economic vulnerability of the West, China’s single minded-focus, why democracies are under threat, and how company boards can work more effectively.
In this conversation we laser in on her assessment of developed markets’ economic growth, or lack thereof, and where she sees the investment opportunities.
She discusses where the UK and Germany are failing, why excessive regulation is a problem, how she weighs up bonds versus stocks, EM versus DM equities.
She also covers why Warren Buffett may be spot on with his energy investments, and how the US economic boom masks a more stagnant picture in emerging markets (home to 90% of the world population).
She finishes with some fabulous advice for young people: “No doesn’t mean never!”
Subscribe to stay up to date with our range of fascinating interviews, featuring some of the biggest names in global finance and business!
TOPICS:
0:00 - Introduction
4:35 - Ideology: An Enemy of Progress?
6:48 - Why the Economy Gets a B Grade
8:37 - US Debt in 2024
10:56 - Thoughts on the UK Economy
12:41 - Thoughts on France & Germany
15:06 - China & the Middle Income Trap
17:38 - The Evolving Commodity Story
19:29 - US/China Technology Competition
20:53 - Equities Vs Bonds in 2024
25:09 - AI: Hype Vs Reality
28:13 - Energy Transition
35:52 - Rate Expectations
37:29 - Corporate Boards
40:20 - Political Fragmentation
42:27 - Life Lessons & Advice
47:09 - Concluding Thoughts
SPONSORS:
- Schroders is a global investment and wealth manager, with a purpose to provide excellent investment performance to clients, through active investment management. Find out more: www.schroders.com/en/global/i...
- IFM Investors are a global institutional asset manager whose purpose is to invest, protect and grow the long term retirement savings of working people. They manage investments across infrastructure, debt, listed equities and private equity assets. Find out more: ifminvestors.com/en-gb/
- The World Gold Council is membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. Find out more: www.gold.org/
STAY UP TO DATE
✅ Newsletter: www.moneymazepodcast.com/subs...
✅ LinkedIn: / the-money-maze-podcast
✅ X/Twitter: / podcast_maze
LISTEN:
🎧 Apple Podcasts: podcasts.apple.com/gb/podcast...
🎧 Spotify: open.spotify.com/show/0uT0iw8...
DISCLAIMER
All content on the Money Maze Podcast is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. Guests and presenters may have positions in any of the investments discussed. The Money Maze Podcast is funded by third party advertising. Money Maze Curated Podcasts do not contain third party advertising, and are instead funded by the featured interviewee and/or their business.