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Political Fix

Ed Balls on global politics and fear in the Brexit campaign

Political Fix

Financial Times

News, Politics, News & Politics

4.21.2K Ratings

🗓️ 5 March 2016

⏱️ 29 minutes

🧾️ Download transcript

Summary

Gideon Rachman, Janan Ganesh and George Parker of the Financial Times, plus former shadow chancellor Ed Balls, discuss whether political leaders are failing to tackle the global economic uncertainty and why the EU referendum campaign has already become full of fear and loathing. Presented by Sebastian Payne.

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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank.

0:25.0

They are city.

0:27.0

Learn more at city.com slash we are city. City.

0:37.0

Welcome to F.T. Politics, a weekly podcast on British politics from the Financial Times. I'm Sebastian Payne,

0:44.7

digital comment editor and this week will be discussing why global leaders aren't

0:48.8

facing up to the world's economic challenges and how the EU referendum campaignenn campaign is already full of fear and loathing.

0:55.9

To do this I'm delighted to be joined by former Shadow Chancellor and F.T. journalist Ed Bors,

1:00.8

our chief foreign commentator Gideon Rachman, Political Editor George Parker, and our political columnist Janan Ganesh.

1:06.4

Thank you all for joining.

1:08.0

So we'll begin by looking at politicians on the world stage and where they're failing to do their job.

1:13.7

In a piece for the FT this week, Labour's former Shadow Chancellor Ed Bors, argued that

1:18.7

the G20 world leaders need to act before we face another economic meltdown and I'm delighted to

1:23.8

have Ed with us in the studio today. So Ed in your piece you argued that the G20 came

1:28.8

of age during the 2009 financial crisis where world leaders all stepped in together driven by

1:34.4

your former boss Gordon Brown to stop a meltdown of the system.

1:37.6

Why is it time for that again?

1:39.6

I think first of all the first two months of this year have been pretty shaky for the world

...

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