Part 7/9:
The podcast segment further explored the political ramifications linked to economic policies, particularly focusing on the influence of tech leaders and the potential ramifications of populist policies on trade and tariffs. Roubini highlighted the concern of an oligarchic system where a few tech leaders hold substantial power over economic policies, ultimately reshaping governance and everyday life for the average citizen.
In discussing US-China trade relations, Roubini provided insights into how protectionist tariffs may harm overall economic growth while highlighting the delicate balance policymakers must navigate to avoid inflationary pressures that could unsettle markets.