October 17, 2021 | On GPS: What’s wrong with the supply chain and labor market in America and around the world?; Poland’s democratic downturn; the surprising American state where some of the world’s rich and powerful are hiding their money.

Fareed Zakaria GPS

CNN

News

4.2 • 3.1K Ratings

🗓️ 17 October 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Haven’t received your online shopping on time? Fareed talks to David Lynch, global economics correspondent for the Washington Post, about why the post-pandemic economy is seeing supply shortages and high prices for goods. What is causing these glitches in the global supply chain? One piece of the puzzle is the shake-up in the labor market, Heather Long, an economics correspondent for the Washington Post, tells Fareed about the great re-assessment of work in America and how the puzzling data might foreshadow a positive future for productivity and growth in the global economy. Then, Anne Applebaum, staff writer for the Atlantic, explains Poland’s democratic downturn and why events in Poland may sound familiar to Americans. The Pandora Papers offered another glimpse at how and where the rich hide their wealth. Sarah Chayes, author of the book “On Corruption,” explains why South Dakota has become a global tax haven, right in the U.S. heartland. Plus, Fareed takes a look at the future of German politics as Angela Merkel departs from the spotlight after her 16-year tenure as Chancellor. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is GPS, the Global Public Square. Welcome to all of you in the United States and
0:07.3	around the world. I'm Farid Zakari.
0:09.7	Today on the program, your supermarket bill is higher than it used to be. The car you
0:17.2	want isn't available at the local dealership. And service it your favorite restaurant is
0:23.2	molasses slow. Why is all this happening?
0:27.4	We'll look at the massive log jam of containerships off America's coast. And we'll ask about
0:35.6	those help wanted signs you're seeing everywhere. Why aren't Americans getting back to work?
0:43.3	Also, a new Warsaw uprising. Tens of thousands of Poles have turned out to express their anger
0:51.7	this time against their own government. I'll ask Ann Alperbaum what is happening in a country
0:58.5	that many fear has turned into an illiberal democracy. Finally, following the money all
1:06.5	the way to South Dakota. Why in the world do the rich and powerful stash there? Well,
1:13.0	there. We'll explain.
1:18.0	The first here's my take. Just weeks after the tragic fall of Afghanistan, something important
1:24.3	happened in the other country where America conducted a great nation building experiment
1:29.8	over the past two decades. Iraq held elections, which were mostly free and fair. Assuming
1:36.5	this process leads to the formation of a new government, it will be the sixth peaceful
1:41.4	transfer of power since 2004. Although turnout was at a record low, this election marks
1:47.9	real progress. A senior Iraqi official described it to me as a political earthquake.
1:55.5	To recap, 18 years after America's invasion, which are shared in an era of chaos, civil
2:00.5	war and the rise of ISIS, Iraq's democratic system has endured. Elections have become
2:07.0	routine. Political parties compete and horse trade. And there is even a degree of pluralistic
2:12.2	media and an increasingly assertive judiciary. Not quite free and independent by Western
	...

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