Category Archive: 5) Global Macro

Irony Alert: "Outlawing" Recession Has Made a Monster Recession Inevitable

Those who came of age after 1982 have never experienced a real recession, and so they're unprepared for anything other than guarantees of rescue and permanent expansion.

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Is AI the future of movie-making?

What if text prompts enabled anyone to make a blockbuster movie, or even an entire box-set’s worth of TV? That is the promise of AI. This technology could one day prove as transformative to the movie business as sound, colour, or even the camera itself. Generative AI can already make videos in seconds which would normally take a visual-effects artist days to create. However it has yet to master photo-realistic video. The people at the forefront of...

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Why is crypto like a cockroach?

It’s really hard to kill cockroaches. Stamping on them, chopping off their head and even flushing them down the toilet won’t work. Much like cryptocurrency—an industry which, despite some recent setbacks, seems able to bounce back when you least expect it. 00:00 Why crypto is like cockroaches 00:25 Crypto is soaring 00:48 Why is crypto so hard to kill? Sign up to our weekly finance newsletter to keep up to date: https://econ.st/3P3zTG8 Listen...

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Sam Altman: there’s no “magic red button” to stop AI

Sam Altman, CEO of OpenAI, and Satya Nadella, CEO of Microsoft, speak to The Economist’s editor-in-chief, Zanny Minton Beddoes, about what the future of AI will really look like. 00:00 Sam Altman and Satya Nadella talk to The Economist 00:25 What’s next for ChatGPT? 1:33 How dangerous is AGI? 2:32 AI regulation Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read more of our AI coverage: https://econ.st/3O9fK2v Watch the...

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Sam Altman on AGI: people will freak out then move on

If artificial general intelligence is achieved, it will be able to outperform humans on most intellectual tasks. The Economist asks Sam Altman, the boss of OpenAI, how worried the world should be about AGI. Watch the full interview here: https://econ.st/3RUSgzm

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Altman: there’s no magic red button to stop AI

Sam Altman, chief executive of OpenAI, talks to The Economist’s Editor-in-chief, Zanny Minton Beddoes, about how he navigates the risks raised by artificial intelligence. Click here to view the full interview: https://econ.st/3RUSgzm

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Why America’s next war may begin on a small tourist island

Guam, an island in the northern Pacific, is just 48km long and has a population of about 170,000. So why is it so important to America’s strategy to defend Taiwan from a potential Chinese invasion? 00:00 - Where is Guam? 00:13 - Why is it so important? 01:00 - What makes it vulnerable? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Guam, where America’s next war may begin: https://econ.st/47lP9WN America is lavishing...

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Why is Ethiopia risking war for a port?

Ethiopia’s president, Abiy Ahmed, has signed a deal with Somaliland to get his landlocked country direct access to the sea. Abiy hails this as an act of diplomacy, but could it destabilise an already volatile part of the world? 00:00 - a new dispute in the Horn of Africa 01:00 - the historical context 01:29 - the implications of the new deal Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read more about the region:...

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What the Fed Accomplished: Distorted the Economy, Enriched the Rich and Crushed the Middle Class

The mainstream holds the Fed is busy planning a return to the glory days of zero interest rates, but ZIRP is on the downside of the S-Curve; it's done, gone, history.

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How AI is generating a revolution in entertainment

A new wave of artificial intelligence is starting to transform the way the entertainment industry operates. Who will be the winners and losers? 01:07 AI is changing the music business 04:09 How big data revolutionised entertainment industries 05:20 Can AI predict a film’s success? 09:26 How generative AI is creating new opportunities 12:36 What are the risks of generative AI? Sign up to The Economist’s daily newsletter: https://econ.st/45PGz1H...

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President Zelensky’s goals for 2024

As 2024 begins President Volodymyr Zelensky speaks to The Economist’s Editor-in-chief, Zanny Minton Beddoes, about his political and military goals for the coming year and why he won’t compromise with Vladimir Putin. 00:00 - 2024 military goals 01:35 - Why he won’t negotiate A New Year’s interview with Volodymyr Zelensky: https://econ.st/48A4Nim Read our coverage from the war in Ukraine: https://econ.st/41MgGjc Sign up to The Economist’s...

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The most important elections to watch in 2024

More than half the people on the planet live in countries that will hold nationwide elections in 2024. In theory it should be a triumphant year for democracy. In practice it will be the opposite

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The World Ahead 2024: five stories to watch out for

What are the stories set to shape 2024? From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. 00:00 - The World Ahead 2024 00:33 - Vital votes 03:34 - Taxis take off 07:10 - AI rules 10:19 - Industry cleans up? 13:48 - BRICS build Read more on The World Ahead 2024: https://www.economist.com/the-world-ahead-2024 Read Tom Standage’s editor’s note on The...

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Macro: GDP Q3 — Inflationary BOOM!

Outside of the pandemic defined as 2020 and 2021, this past quarter was the 5th best quarter for nominal GDP in the last 25 years.

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Macro: Philly Fed Mfg Survey — Umm

Tis was a poor number. The headline dropped from -5.9 to -10.5. The more eye popping number was the Index for New Orders which dropped from 1.3 to -25.6.

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Which countries get the best night’s sleep?

Sleep patterns differ across the world. From early-to-bed South Africans to Russians who hit the sack around midnight, we reveal the cultural nuances that shape global sleep schedules. Watch the film to find out where your country ranks in the lie-in-dex, and why it matters. Read more about which countries get the best night's sleep: https://econ.st/3GTRxt8 Find out why chinstrap penguins sleep thousands of times a day: https://econ.st/48pow45...

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Is nuclear fusion the future of clean energy?

Fusion is a kind of nuclear power, which could revolutionise how clean energy is produced. As a new wave of experiments heats up, can fusion live up to the hype? 00:33 The future of green energy 02:00 What is nuclear fusion and how does it work? 03:17 Is it achievable? Sign up to The Economist’s daily newsletter: https://econ.st/3s9WjPB Energy security gives climate-friendly nuclear-power plants a new appeal: https://econ.st/3QHgdd1 Listen...

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How the Amazon became a Wild West of land-grabbing

To save the Amazon rainforest, Brazil’s President Lula must work out who owns it. But with 22 different agencies registering land claims–and many of them overlapping–it’s not an easy task. 00:00 - How is Amazonian land distributed? 00:27 - How do land claims conflict? 01:15 - How is Lula helping? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read our coverage on the Brazilian Amazon: https://econ.st/3NnFA2l Why the...

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Who made millions from the attack on Israel?

In the days before the October 7th attack short selling of Israeli stocks spiked in New York, making someone a lot of money. How likely is it that a Hamas insider was behind it? 00:00 - Pre-war stock market changes 00:33 - What happened to the stocks? 01:03 - Who was behind it? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read our coverage on Israel and Hamas: https://econ.st/46Ka8Cy Did Hamas make millions trading the...

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The race to improve weather forecasting

As global warming makes weather more extreme and deadly, accurate and accessible weather forecasting has never been more needed. 00:00 - Hurricane Otis 00:40 - Extreme weather 01:33 - Democratic Republic of Congo 02:38 - Problems with forecasting 04:25 - Innovative solutions 05:41 - Arrival of AI 07:30 - Smallholder farmers 09:30 - Early warning systems Read about the high-tech race to improve weather forecasting: https://econ.st/4a1pqpo Listen...

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