Michael Pettis On Class War & Role Of Chinese Yuan | Macro Hive Conversations | Podcast #28
Start your FREE trial today for the latest macro & financial market analysis from 50+ researchers and access to our Slack chat room: https://macrohive.com/become-a-member/ _________________________________________________________________________
Michael Pettis is someone who I have followed closely over my career and he is one of the most widely followed China experts in the investor community. He is currently based in Beijing and is Professor of Finance at Guanghua School of Management at Peking University and is the co-author of the recently published book “Trade Wars Are Class Wars”. In this podcast we discuss:
1. How economists don’t understand debt
2. Understanding when high savings rates work for countries
3. How advanced economies investment needs changed since 1970s
4. How trade surplus countries like China and Germany suppress the household wages and income
5. Why China’s high savings rates will now only lead to higher debt, rather than growth.
6. How Spanish workers are harder working than German workers
7. How the US and UK are forced recipients of excess savings
8. Why high debt levels lead to low rates
9. The problem with official Chinese GDP data
10. The importance of the US dollar as reserve currency
11. Why the Chinese yuan will not collapse
12. Recommended books: the works of Kindleberger, Adam Tooze’s The Deluge, Eichengreen’s Golden Fetters, Mark Nelson’s Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
_________________________________________________________________________
Website: https://macrohive.com/
Twitter: https://twitter.com/Macro_Hive
LinkedIn: https://www.linkedin.com/company/macr...
Email: info@macrohive.com
Видео Michael Pettis On Class War & Role Of Chinese Yuan | Macro Hive Conversations | Podcast #28 канала Macro Hive
Michael Pettis is someone who I have followed closely over my career and he is one of the most widely followed China experts in the investor community. He is currently based in Beijing and is Professor of Finance at Guanghua School of Management at Peking University and is the co-author of the recently published book “Trade Wars Are Class Wars”. In this podcast we discuss:
1. How economists don’t understand debt
2. Understanding when high savings rates work for countries
3. How advanced economies investment needs changed since 1970s
4. How trade surplus countries like China and Germany suppress the household wages and income
5. Why China’s high savings rates will now only lead to higher debt, rather than growth.
6. How Spanish workers are harder working than German workers
7. How the US and UK are forced recipients of excess savings
8. Why high debt levels lead to low rates
9. The problem with official Chinese GDP data
10. The importance of the US dollar as reserve currency
11. Why the Chinese yuan will not collapse
12. Recommended books: the works of Kindleberger, Adam Tooze’s The Deluge, Eichengreen’s Golden Fetters, Mark Nelson’s Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
_________________________________________________________________________
Website: https://macrohive.com/
Twitter: https://twitter.com/Macro_Hive
LinkedIn: https://www.linkedin.com/company/macr...
Email: info@macrohive.com
Видео Michael Pettis On Class War & Role Of Chinese Yuan | Macro Hive Conversations | Podcast #28 канала Macro Hive
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![Trade Wars are Class Wars, Matthew Klein and Michael Pettis](https://i.ytimg.com/vi/JV7mg0r1SRI/default.jpg)
![How the Wealth Gap Drives Imbalances in Global Trade & Finance | Michael Pettis](https://i.ytimg.com/vi/sIe05PRqKZo/default.jpg)
![Chinese debt and macroeconomic reforms with Michael Pettis](https://i.ytimg.com/vi/-lcEaKqSijc/default.jpg)
![AIC 2016: China at a turning point – growth or stagnation?](https://i.ytimg.com/vi/zv8O6pXgEbM/default.jpg)
![EPISODE 44: Michael Pettis, Senior Fellow, Carnegie-Tsinghua Center for Global Policy](https://i.ytimg.com/vi/y8PaVEdl3wc/default.jpg)
![Fixed Income Markets Explained┃Negative-Yielding Bonds, Duration & Yield Curves](https://i.ytimg.com/vi/xorE3yJQrqY/default.jpg)
![The Renminbi's Role in the Global Monetary System](https://i.ytimg.com/vi/dEdrgntohiE/default.jpg)
![Eli Dourado On The Key Tech Breakthroughs For the 2020s | Macro Hive Conversations | Podcast #46](https://i.ytimg.com/vi/TA3jypc68e0/default.jpg)
![Destined for War: Can America and China Escape Thucydides’s Trap?](https://i.ytimg.com/vi/8yghOc-lMIM/default.jpg)
![Path Finder: Meet Michael Pettis, economist & rocker](https://i.ytimg.com/vi/Mq5MX6kLK6Y/default.jpg)
![Michael Pettis: Global Fracture - Nationalism on the March](https://i.ytimg.com/vi/cf9EahFq2EU/default.jpg)
![Professor Steve Keen A Real Media Interview](https://i.ytimg.com/vi/l1Gg1RGAO6k/default.jpg)
![Are Trade Wars Class Wars? - Matthew Klein Presentation](https://i.ytimg.com/vi/GpJvv8BZIfE/default.jpg)
![Michael Pettis: Real growth in China is less than half of reported growth](https://i.ytimg.com/vi/4rdh6zf-9OY/default.jpg)
![The Crisis of Credit Visualized - HD](https://i.ytimg.com/vi/bx_LWm6_6tA/default.jpg)
![Stephen Roach: The Future of China](https://i.ytimg.com/vi/np83fgGOJKs/default.jpg)
![Trade Wars Are Class Wars: Adam Tooze, Michael Pettis, & Matthew Klein in conversation](https://i.ytimg.com/vi/cMtdq1dkv0o/default.jpg)
![How Did China Succeed? | Joseph E. Stiglitz | BI Norwegian Business School](https://i.ytimg.com/vi/Iaw4n9IZDdc/default.jpg)
![Michael Pettis: What a Decline in China Will Mean for the World.](https://i.ytimg.com/vi/SP7Bm-f_tHc/default.jpg)
![Michael Pettis at the 2013 Wine Country Conference: Q&A with Jim Chanos](https://i.ytimg.com/vi/pXu8FQC3Z38/default.jpg)