Business Daily meets: Kevin Rudd
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 1 June 2022
⏱️ 19 minutes
🧾️ Download transcript
Summary
Former Australian Prime Minister Kevin Rudd tells Rahul Tandon about running a two trillion dollar economy, and how he responded to the 2007-2008 financial crisis.
Hear how his interest in China began, and why he thinks engagement with the economic superpower is the only way forward. He also gives us his opinion on new Australian Prime Minister Anthony Albanese, and the recent return of the Labor Party to power.
Presenter: Rahul Tandon Producer: Carmel O'Grady Image: Kevin Rudd (Credit: Getty Images)
Transcript
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| 0:00.0 | I had this secret. I robbed banks in my spare time. |
| 0:06.4 | Lives Less Ordinary from the BBC World Service. |
| 0:09.6 | This is not a good thing to do because police are after you. |
| 0:14.9 | Find out more at the end of this podcast. |
| 0:19.9 | Hello, I'm Rahul Tandon, and today on Business Daily Meet, we're chatting to the former |
| 0:24.9 | Australian Prime Minister and a man who knows a lot about China. It's his specialism, Kevin Rudd. |
| 0:31.8 | I invite you to take and subscribe the oath of office as Prime Minister. |
| 0:37.7 | Hi, Kevin Michael Rudd, you swear that I will well and truly serve the Commonwealth of |
| 0:42.0 | Australia, her land and to people, in the office of Prime Minister. So help me God. |
| 0:49.1 | He's going to tell me what it's like running a $2 trillion economy and responding to the 2007-2008 financial crisis. |
| 0:57.6 | Finding the way through with our Keynesian textbook in hand was hard, but we actually did it. |
| 1:03.3 | We managed to emerge without going into recession. I'm pretty pleased about that. |
| 1:07.0 | We discuss how his interest in China began and why he thinks engagement is the only way forward. |
| 1:13.8 | President Trump's policy on the trade war with China, which saw the massive imposition of tariffs. |
| 1:21.2 | As far as economics is concerned, it's just dumb and dumber. |
| 1:24.6 | And of course, the very recent return to power of the Labour Party. That's |
| 1:29.0 | his own party. That's Business Daily, meets Kevin Rudd. Lots to chat about, but let's start with the very |
| 1:38.3 | early days of Kevin's life. He heard a lot of those sounds because Kevin grew up on a farm in a very rural area of Queensland |
| 1:50.3 | in northeast Australia. |
| 1:53.0 | I remember sitting on a horse one day with my father as we went to fetch cattle. |
| 1:59.9 | And he lent down to me. |
| 2:01.3 | I think I must have been about nine or ten at the time. |
... |
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