Boom Bust Season 1 Episode 73 "Expropriation On the Horizon": Pippa Malmgren On Risks in the Emerging Markets

Boom Bust is a television show that focuses on the global economy and financial markets. In season 1 episode 73 titled "Expropriation On the Horizon", host Brent Jabbour welcomes guest Pippa Malmgren, an economist and former advisor to US President George W. Bush, to discuss the risks in emerging markets.

The episode kicks off with Jabbour asking Malmgren about her thoughts on the current state of the global economy. Malmgren responds by stating that there are numerous challenges facing the global economy, including geopolitical risks, the ongoing trade war between the US and China, and rising debt levels. She notes that emerging markets, in particular, are facing increasing risks due to a variety of factors.

Jabbour then asks Malmgren to expand on the risks facing emerging markets. Malmgren explains that one of the primary risks facing emerging markets is expropriation, which is the seizure of assets by a government without compensation. She notes that this has become a growing concern in countries such as Venezuela, where the government has expropriated a number of businesses and assets in recent years. Malmgren warns that this trend could spread to other countries and could have a major impact on investors.

The conversation then turns to China, with Jabbour asking Malmgren about the ongoing trade war between the US and China. Malmgren notes that while the trade war is a major concern for investors, there are other factors at play in China that could have an even bigger impact on the country's economy. She notes that China has become heavily dependent on debt financing to fuel its economic growth, and that this could lead to a major crisis down the road.

Malmgren then goes on to discuss the impact of technology on the global economy. She notes that while technology has created incredible opportunities for growth and innovation, it has also resulted in significant disruptions to traditional industries and employment. She predicts that AI and automation will continue to reshape the global economy in the coming years, and that this will require policymakers to take action to ensure that workers are not left behind.

Finally, Jabbour asks Malmgren about her outlook for the global economy in the coming years. Malmgren notes that while there are certainly risks and challenges, there are also reasons to be optimistic about the future. She notes that new technologies and innovations are constantly emerging, and that these will create new opportunities and drive economic growth. However, she cautions that policymakers will need to be proactive in addressing the challenges facing the global economy in order to ensure a stable and prosperous future.

Overall, Boom Bust season 1 episode 73 offers an insightful and informative discussion of the risks facing emerging markets and the global economy more broadly. With the help of guest expert Pippa Malmgren, host Brent Jabbour delves into the complex issues affecting the global economy and offers a nuanced perspective on the challenges and opportunities ahead.