Wall Street Week

Fan Favorite: Rattner’s trip to China, Nepal’s Gen-Z Uprising, Capitalism 4.0, Small Business Succession

14 snips
Dec 26, 2025
Steven Rattner, an investment adviser at Willett Advisors, shares insights on China's booming innovation amidst consumer struggles, cautioning that U.S. trade policies may not respond effectively. He suggests the focus should be on domestic improvements. The conversation shifts to Nepal, where Gen Z's viral social media posts ignited major protests against inequality. The discussion also explores the evolution of capitalism and the challenges posed by impending small business successions as baby boomers retire, highlighting both opportunities and risks.
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ANECDOTE

Viral TikTok That Sparked Outrage

  • Prashamsa Subedi posted a TikTok in 2024 criticizing a politician and gained over a million views overnight.
  • That viral exposure helped spark wider Gen Z outrage about visible elite lifestyles and nepotism in Nepal.
INSIGHT

Visibility Changed Perception Of Inequality

  • Social media made elite lifestyles visible and shifted perceptions about unfair opportunity in Nepal.
  • That perception change turned isolated anger into a nationwide movement against nepotism and corruption.
ANECDOTE

Small Protest Escalates Into Nationwide Unrest

  • A planned small protest on September 8 escalated after police used tear gas and news of a young protester shot circulated.
  • The violence rapidly broadened the movement beyond Gen Z into a national confrontation with the government.
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