Surveillance: The U.S. Cannot Escape Global Slowdown, Mann Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 11 February 2019
⏱️ 33 minutes
🧾️ Download transcript
Summary
Angel Gurria, OECD Secretary General, says he is not predicting a recession. Catherine Mann, Citi Research Global Chief Economist, says even the U.S. cannot escape the global slowdown. Gary Shilling, A. Gary Shilling President, says strong economic growth brings income polarization. Miranda Carr, Haitong International China Macro Strategist, says nobody is expecting a final deal between the U.S. and China by March 1.
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| 0:00.0 | Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it. |
| 0:07.0 | I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and |
| 0:15.5 | I'm going to explore the lessons we can learn when creativity and ambition collide |
| 0:20.7 | with competition and power. |
| 0:23.0 | Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts, |
| 0:28.0 | or wherever you get your podcasts. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:43.3 | Daily, we bring you insight from the best in economics, finance, |
| 0:47.1 | investment, and international relations. |
| 0:49.7 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. |
| 0:57.0 | This is without question our conversation on economics today. |
| 1:06.8 | Cathar Mann is with us at Queen Victoria Street with Francine in London. |
| 1:10.7 | She is the head of Citigroup, the former chief economists for the OECD. |
| 1:14.8 | And now joining us from Dubai, the Secretary General of the OECD, and Hel Guria with us as well. |
| 1:21.3 | Dr. Guria, this is wonderful to have you and Dr. Mann with us as well. |
| 1:25.8 | I know Guria, I want to start with the state of the global economy. |
| 1:29.4 | We see disinflation here, there there and everywhere. |
| 1:32.7 | Give us the measurement that the OECD has right now |
| 1:36.4 | of a move to economic slowdown, to recession, |
| 1:39.9 | or maybe even to Lawrence Summer secular stagnation. |
| 1:45.0 | I am not predicting that there's going to be a recession. What I am predicting and what we are seeing |
| 1:56.0 | and living is that we're slowing down the growth. We thought we were going to be |
| 2:01.6 | closer to 4% growth in 2019, 2020, and our |
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