Top economist Nouriel Roubini speaks to DW on what he calls the ‘mega threats’ facing the globe in the coming year and beyond. The past year was dire for the global economy but what does 2023 hold? The IMF says the eurozone could narrowly avoid a recession. The rise of AI could call millions of jobs into question. Alongside the conflict in Ukraine, China’s tension with Taiwan appears to be growing. India will overtake China to become the world’s most populous country. This new year could see more economic upheaval than the last.
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24 thoughts on “#Economic ‘mega threats’ – star economist Nouriel Roubini on the dangers lurking in 2023 ctm.news”
Jobs to go first: lawyers/ estate agents/ prostitute/ acrobat/ circus clowns/ camel herders
22023 ecomic German have Bankrup Amem .if 2023 German economic bankrup German people what are doing
10 tonnes fireworks tonight Sydney Harbour bridge. What a bloody circus
8:00 what a bunch of crud. He doesn't know about all the Flu's b/t influenza and the 1980s? 16:30 No, work is infinitely expandable, so people will just do lots more work with more AI.
Australia has leased it's Port of Darwin to China for 99 years. Previous right wing government facilitated this.
Roubini may be right in the long, but in the long run, we will all be dead. Economist’s joke.
The one serious problem that the world 🌍 faces is corruption.
It all depends on whether america will continue provoking other countries to war and spreading discord to cling on to its declining hegemony. america is prepared to pull the entire world to destruction in order to cling to its power seat. To be fair, we should always say "the war in Ukraine by Russia as provoked by america". Now peloshi is provoking war between China and Taiwan and then the western media will say it's Chinese aggression. america is now creating global chaos in raising interest rates to shore up its US$ so what are western governments doing? The solution to world peace is to shut down america.
The irony of Roubini is that he is shameless in laying out the hard reality of our problems, and correctly identifies the economy as the source. This is in contrast to most experts that seem to be in various stages of denial. But his solutions contradict his own diagnosis. Rather than constraining or replacing markets, his solution is to rely on markets by further entrenching the price mechanism, and expanding market logic. You cannot solve all problems with economics, especially when economics is the problem.
the EU and collective west have ruined their economies trying to damage the Russian economy. Europe has no energy nor raw materials yet they have isolated themselves from cheap energy and materials.
wars are part of capitalism is a way to relief economy
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust
Amazing how the only tool they think will accelerate the transition to renewable energy is the market. But Germany didn't wait for the free market to build the new LNG port the government was able to figure out how to accelerate that ff energy infrastructure project
he said Norway instead of Finland….
19:08 Croatia has been an EU member since 2013. Why is he speaking as if it hasn't yet joined?
The WEF plan in full effect. "You will own nothing, and you will be happy"!
World Economic Forum. The unelected telling you how to live your lives.
Old man- big glasses
Oh yeah the no school ghetto line weight leaners will face the oh no people of the first world.
What about the research and development that has not gone on over the last 50 years on energy with our money that you pissed off job worth
I voted Biden in 2020 and will do so again in 2024! He will lick inflation in 2023 watch and see!
Considering AI, ML and robotics are about to replace most of the workforce (heck, the top 10% comprises only of a handful of jobs most would never be able to fit in well, and that's assuming you can even learn the cursed subjects) I believe the concept and implementation of alternative "humane treatment/absence of work" should be accepted – such as willing and voluntary medically assisted suicide for us "intellectually Ill-suited" in an increasingly dystopian, "cyberpunk-like" worldm
You can't fix environmental issues with growth or anything for that matter. Cut with growth and focus on need in the moment
‘Mega’ threat or ‘maga’ threat? 😅