A Category 5 Global Economic Hurricane is Looming

According to economist Ricardo Hausmann of Harvard's Kennedy School, the economic crisis triggered by the COVID pandemic is going to be very different from any we have faced in memory. It will be different in scope, in severity, in what it may demand of afflicted governments, and in what it will demand of the global financial system. It is a massive problem and observes Hausmann, one of the world's foremost development economists, we are ill-prepared to deal with it. We discuss the challenges with him and Edward Luce of the Financial Times, Kori Schake of the American Enterprise Institute and Rosa Brooks of Georgetown University Law Center. Don't miss this thought-provoking conversation.

Support this show http://supporter.acast.com/deepstateradio.

See acast.com/privacy for privacy and opt-out information.

Learn more about your ad choices. Visit megaphone.fm/adchoices