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The G20 Is Over, Huawei Teardown Surprise, US Deficit Hits Silly Money

The G20 Is Over, Huawei Teardown Surprise, US Deficit Hits Silly Money

FromMultipolarity


The G20 Is Over, Huawei Teardown Surprise, US Deficit Hits Silly Money

FromMultipolarity

ratings:
Length:
58 minutes
Released:
Sep 7, 2023
Format:
Podcast episode

Description

It’s often been accused of being a talking shop. But now, the G20 is looking increasingly like yesterday’s talking shop. With the Brics having stolen their thunder two weeks back, is this week’s G20 meeting about as relevant as an Eagles reunion tour? The Chinese are being modest again. It took a teardown of the new Huawei phone to reveal the most alarming tech news of the year. The company has busted the chip sanctions, and successfully made ​​their own 5G model. Say hello to the Kirin 9000. Don’t you know there’s a war on? A shock report says that the US treasury is running a deficit as big as any in war time. Eight per cent of GDP. Two trillion dollars. But don’t worry - unemployment is the lowest since the 1960s. When none of the metrics make sense any more, is America entering its Brezhnev era? *** If you want to get us on Patreon for the Premium Episodes now up, and going forward, subscribe at: https://www.patreon.com/user?u=86737989
Released:
Sep 7, 2023
Format:
Podcast episode

Titles in the series (73)

Charting The Rise Of A Multipolar World Order Philip Pilkington is an unorthodox macroeconomist. Andrew Collingwood is an equally skeptical journalist. Lately, both have realised that - post-Ukraine, post-Afghanistan withdrawal - the old, unipolar, US-led world order is in its death throes. In its wake, something new is being born. But what shape will that take? That will depend on a combustible combination of economics and geopolitics; trade and military muscle. Each week, our duo take three off-radar news stories and explain how each is shaping our multipolar reality.