China’s🇨🇳 Evergrande on The Brink, Boris Johnson’s ‘Laughable Joke’ Economic Development Plan
7 months ago
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We speak to Prof. David Blanchflower of Dartmouth College and a former member of the Bank of England’s Monetary Policy Committee (2006-2009). He discusses China’s Evergrande crisis and the ripple effects it could have across the global economy, the lesson of 2008 on just how interconnected the global economy is, Boris Johnson’s regional ‘levelling up’ economic development program and why he considers it a ‘laughable joke’, why the UK’s inflation rise is largely a combination of temporary shocks, the scrapping of the £20-a-week Universal Credit uplift and national insurance tax hike which he calls deliberate attempts to worsen the conditions of the poor and much more!
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