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Money Talks from The Economist

Money talks: A cocktail of risks

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 12 January 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

Worries about the Chinese economy continue to dog global markets. Famous economists and investors are making grim predictions. Is 2016 the year of doom and gloom?

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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.

0:30.0

The Economist.

0:34.0

From The Economist in London, this is Money Talks, a weekly programme about news in the world of business, finance

0:44.8

and economics.

0:45.8

I'm Edward McBride, the finance editor.

0:48.8

W worries about the Chinese economy continue to drag down stock markets everywhere.

0:53.0

The depreciation of the UN has stoked fears of a currency war

0:56.0

and the price of oil among other commodities

0:58.0

is the lowest it's been in a decade.

1:00.0

There's no shortage of warnings about imminent disaster.

1:03.0

Larry Summers says markets understand better than policy makers what a sorry state the world economy is in.

1:08.0

George Soros thinks it's like 2008 all over again,

1:11.0

and George Osborne, Britain's's Chancellor has called 2016 a

1:15.2

cocktail of risks. With me today to discuss the anxiety gripping the markets are

1:19.7

Philip Cogan, our Buttonwood columnist and Ryan Avent, our Free Exchange columnist. Philip we'd imagined. When it comes to stock market regulation at any rate they seem to be

...

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