Boom Bust Season 1 Episode 80 Barry Eichengreen Weighs in On Chinese Economy and Mauldin Expects Yen to Go to 200
- TV-PG
- March 13, 2014
Boom Bust is a financial and business news show that provides insights on international markets and the global economy. Season 1 episode 80 titled "Barry Eichengreen Weighs in on Chinese Economy and Mauldin Expects Yen to Go to 200" features expert analysis and interviews on current economic trends and issues.
The episode opens with host Christy Ai interviewing Barry Eichengreen, an economics professor at the University of California, Berkeley. Eichengreen discusses his views on the Chinese economy and its role in global growth. He explains that China's growth has been driven by its export-oriented model, but that the country needs to shift towards more domestic consumption in order to sustain its growth in the long term. Eichengreen also discusses the potential risks of China's debt levels and the need for structural reforms to address them.
Next, the show features an interview with John Mauldin, founder of Mauldin Economics, who shares his predictions on the Japanese yen. Mauldin expects the yen to go to 200, citing Japan's aging population and struggling economy as reasons for the currency's depreciation. He also comments on the impact that the yen's depreciation could have on other currencies and the global economy.
The episode also includes a report on the record high levels of debt held by American households and the impact it could have on the economy. The report explains that high levels of debt can limit consumer spending and decrease economic growth, but that low interest rates have helped to ease the burden of debt for many Americans.
In addition, the episode provides updates on the latest news and developments in the global economy, including the ongoing trade tensions between the United States and China, the economic effects of the COVID-19 pandemic, and the state of the European Union economy.
Overall, season 1 episode 80 of Boom Bust provides a comprehensive overview of current economic trends and issues, featuring expert analysis and interviews with prominent economists and financial experts. The episode offers valuable insights for viewers looking to stay informed on the global economy and financial markets.