The Realities of a Recession

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 6 November 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

🚀 The Exponential Age is going to permanently change the world on every level, including your day-to-day life. Have it work in your favor - https://rvtv.io/3FAb8hj After the best weekly rally of 2023 for stocks, investors wait for more clues on rates and the economy. Daniel Lacalle, chief economist at Tressis, joins Ash Bennington to discuss the pressing questions surrounding the possibility of a recession and share why the intricacies of economic data have him feeling bearish on the Eurozone. You can find more of Daniel's research here: https://www.dlacalle.com/en/ And don’t forget to explore the Exponentialist — a new, premium research service from Raoul Pal and David Mattin detailing how exponential technologies are reshaping our world… and what that means for investors: https://www.realvision.com/thefuture Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	People are going to lose their minds. This is a moment in history unlike anything humanity's gone through.
0:05.2	It's a very different world for humans to come.
0:06.9	Take a step back and see the broad picture, which is the way all these technologies are interlinked.
0:13.4	Because this is all about exponential
0:15.0	and humans can't think in exponential terms.
0:18.0	How consequential do you want to say machine intelligence is?
0:21.0	It's almost certainly as consequential as writing.
0:24.6	How long did writing take to disseminate through the human population, you know, hundreds, thousands
0:29.8	of years?
0:30.8	And we're dealing with it now on a scale of months. But in this kind of world you're
0:34.7	compounding 100% growth every year and the numbers become astronomical. AI is going to
0:41.0	spot patterns in the world that were just completely invisible to us.
0:45.3	Even if you think that the AI and the robots are your demise,
0:48.9	you might as well be investing and make some money out of it.
0:51.5	If not, you're just going to be angry man shaking your
0:54.0	fist at the clouds. What are the realities of a recession? Welcome to the Real Vision Daily Briefing.
1:04.0	It's Monday, November 6th,
1:16.3	2023, I'm Ash Bennington. I'm joined today by Daniel LeCahl, chief economist at Tressus.
1:22.4	Daniel, welcome. LeCalle, Chief Economist at Tressus.
1:22.6	Daniel, welcome.
1:24.4	Thank you so much for having me, yes,
1:26.1	it's a great pleasure.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.