Okay, we are live.

We have Alexander Merkiris joining us in London, and we have the one and only Mr. Professor Jeffrey Sacks,

joining us from the Center of Sustainable Development. That link is in the description box down below,

as well as the link to Professor Sacks is a blog full of amazing articles.

That link is in the description box.

And I will also have that as a linked comment as well.

When the live stream is over, Alexander, Mr. Sacks, what are we going to talk about today?

We're going to talk about perhaps the single most important subject of all,

which is the looming confrontation between China and the United States over economic policy

and the attempts by the United States to basically contain China and to push back

and to prevent the development of its economy.

And who better than Professor Sachs to help us through all of that, not just because he's an

economist, but also because he's been there. He's seen it before. And I remember it to some

extent from the 1980s. I remember a meeting in the Plaza Hotel in New York with the United States and Japan. Japan at that time, its economy was surging and all kinds of agreements were reached after relentless pressure imposed on Japan by the United States

and of course soon after Japan entered into its long period of economic stagnation

and some would even say decline.

And we're seeing problems in the Chinese economy now, which have some resemblance to what we saw in Japan around that time.

We see similar patterns in US policy as compared to those with Japan in the 1980s. And by the way, I'm sorry to say this, lots of gloating articles, especially at least in the

British media, about how China is now in decline, how its economy is going to fade, about how

the challenge from China, which I think is greatly misunderstood anyway, is going to dwindle in the future.

So Professor Sachs are China's economic problems like Japan's from the 1980s and is the United States playing a role in bringing them about?

Now that's a huge question. Let's take it in part.

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