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Bloomberg Surveillance

Surveillance: China Policy with Spence

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 25 March 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Michael Spence, General Atlantic Senior Advisor & Nobel Laureate, expects China to move carefully with regards to Russia in order to avoid economic isolation. Philippe Etienne, French Ambassador to the U.S., discusses how France is helping Ukrainian refugees and providing support for food security. Ian Shepherdson, Pantheon Macroeconomics Chief Economist, expects the glide path to inflation to be to the downside. Jane Foley, Rabobank Head of FX Strategy, says the Euro is signaling some optimism.

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Transcript

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0:00.0

Welcome to the Bloomberg's surveillance podcast, I'm Tom Keane, along with Jonathan

0:09.9

Farrell and Lisa Abralwitz.

0:12.2

Daily, we bring you insight from the best and economics, finance, investment and international

0:17.9

relations find Bloomberg's surveillance, an Apple podcast, SoundCloud, Bloomberg.com

0:24.0

and of course on the Bloomberg terminal.

0:29.6

He writes for Project Syndicate, he has done so much for economics and for all of American

0:35.5

graduate education.

0:37.4

Laureate Michael Spence joins us now, of course senior advisor to General Atlantic as well

0:42.0

as his academics.

0:44.0

Professor Spence, thank you so much for joining.

0:46.2

I want to talk about two things right now and I want to go back to your iconic work on

0:50.3

signaling.

0:51.3

I was talking with our Simon Kennedy about pandemic signaling.

0:56.1

How is our behavior change from the pandemic?

0:59.8

Is there a permanence to how the American economy, our labor market, our investment,

1:05.7

how it will change?

1:08.2

Yes, there is.

1:09.9

I mean, I think it's unambiguous.

1:12.9

The accelerated adoption and digital, the change patterns of works, work, the impact

1:19.6

of the pandemic on what kinds of jobs people want to have, when they want to retire and

1:24.7

so on.

1:25.7

I think betting that these changes will all sort of fade away would be one of the worst

...

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