Ian Bremmer is worth listening to. He’s able to distill the players on the global stage down in terms that make the world more understandable, yet I think he conveys the complexity of geopolitics as well.
A key point he tries to get across in his new book, “Every Nation For Itself,” and in his previous one, “The End of the Free Market” (a provocative title he didn’t choose), is that politics matters a lot in the global economy, and it behooves us to pay attention to what political leaders in other parts of the world are doing.
I liked hearing his take on Obama vs. Romney, though he didn’t have much to say about Romney.
The main reason I wanted to share this video was a couple of small parts at a) 0:57-1:02, and b) 1:05-1:07.
a) was chilling to me, basically saying that as a country, there is currently no financial pressure to solve the government’s fiscal problems, so the federal gov’t will likely go on overspending at a feverish pace. Secondly, there’s no political incentive to solve our unemployment problem, because the monied interests that like our current policies, which happen to not help unemployment, can basically support the government by themselves.
He made the point that “we need to retrain our people,” but that’s been said for 20 years. Our government sponsors job retraining programs, particularly for jobs affected by lowered trade barriers, but so far as I’ve heard, none of them are that successful.
b) was interesting, because he said that a lot of industries understand his thesis, but that none of the tech companies do!