Support for airing The Munk Debates was provided by Empire Communities. Big corporations are using cheap rates and Fed facilities to borrow and receive assistance, while making no guarantees to rehire workers. The following is adapted from the opening remarks made by Nomi Prins and Douglas Holtz-Eakin in a Munk Debates podcast. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Latest. This is why the stock markets hit quarterly high percentage increases and the NASDAQ is at an all-time high, while Main Street’s economy is nowhere near that capacity. Click the "play" button to the left to watch. There will be an endless supply of artificial stimulation to Wall Street, with less money deployed to the real economy, small businesses and people. We apologize, but this video has failed to load. This volume includes an Introduction by Peter Munk and the first five debates in the series: British historian and bestselling author Niall Ferguson, top-ranking American diplomat Richard Holbrooke, Washington Post columnist Charles Krauthammer, and human rights scholar and Pulitzer Prize-winning author Samantha Power discuss global security and the 2008 U.S. presidential election. Ambassador to the United Nations John Bolton, former Foreign Minister of the Australian Parliament and President and Chief Executive of the International Crisis Group Gareth Evans, actor and humanitarian Mia Farrow, and former Chief of the Defence Staff of the Canadian Forces General Rick Hillier debate the pros and cons of humanitarian intervention. Meanwhile, the foundational economy, including the dire unemployment situation, is still in a state of shock.

He has authored two books on economic issues, co-edited American Power with Rudyard Griffiths, and he is a regular contributor to a number of publications including the National Post and the Globe and Mail. © Copyright 2020 The Globe and Mail Inc. All rights reserved. Munk Debates — Nomi Prins: Don't let big businesses take advantage of the COVID-19 crisis, Munk Debates — Douglas Holtz-Eakin: COVID-19 response was not a bailout, John Robson: Here's a plan for the post-COVID economy: Get government out of the way, tap here to see other videos from our team. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Nomi Prins is the author of “All the President’s Bankers and Collusion: How Central Bankers Rigged the World.” She previously served as managing director at Goldman Sachs and senior managing director at Bear Stearns in London. Published November 26, 2010 | That’s how we started 2020. 132K likes. ISBN 9780887842481 We are the world’s first podcast dedicated to convening one-on-one debates between today’s biggest thinkers and sharpest minds. Unauthorized distribution, transmission or republication strictly prohibited. The Munk Debates are a signature initiative of the Aurea Foundation, founded in 2006 by Peter and Melanie Munk to support Canadian institutions involved in the study and development of public policy. © 2019 Munk Debates. He lives in Toronto. We ask you to keep your comments relevant and respectful.

pages More debt, more cheaply, means less incentive to repay it and more incentive to push it down the road. A welcome email is on its way. The Munk Debates are a signature initiative of the Aurea Foundation, founded in 2006 by Peter and Melanie Munk to support Canadian institutions involved in the study and development of public policy. Listen to the whole episodehere.

The Munk Debates is a non-partisan charitable organization founded in 2008. Rudyard Griffiths. Sign up to receive the daily top stories from the National Post, a division of Postmedia Network Inc. Rudyard Griffiths is the co-founder and moderator of the Munk Debates.

In 3 hours we'll be live with our next Munk Dialouge, featuring Michael Eric Dyson on the future of the politics of race in the shadow of the most consequential U.S. election in a generation. However, the financial side has done much better, as exemplified by the $2-trillion increase in big bank deposits since the pandemic began and the disproportionate availability of sustenance through the Fed’s 11 facilities. This means all the new debt created is even cheaper than the debt created in the wake of the 2008 crisis. Please try again. × We need to rejigger this entire concept and put that investment into real infrastructure development, sustainable social programs and the retooling of the labour force — not into the purchasing of equities and corporate bonds. September 28 Updated . Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. He is the author of Who We Are: A Citizen's Manifesto and has edited various essay collections on Canadian and international politics and history.He has been a television anchor on BNN, CTV and Bloomberg TV. Former U.S. POLITICAL SCIENCE / Globalization, 312 They also ask whether the … Our mission is to convene civil and substantive debates on the big issues of the day for the benefit of Canadians. Read our. Even before the COVID-19 crisis, the global economy was starting to falter. © 2020 National Post, a division of Postmedia Network Inc. All rights reserved. The Munk Debates is Canada's premier international debate series, a highly anticipated cultural event and feast of ideas.

The Fed also pivoted back to easing mode in 2019 to supplement the slowing down of GDP growth, which by the end of 2019 was 2.3 per cent, versus 2.9 per cent in 2018. The bigger that gap gets, the greater the likelihood of another financial crisis on top of an existing economic recession or depression. Rudyard Griffiths is the co-organizer and moderator of the Munk Debates. The Munk Debates, Toronto, ON. Professor of Economics Paul Collier, economist Hernando De Soto, former UN Secretary-General Stephen Lewis, and bestselling author of Dead Aid Dambisa Moyo explore the opportunities and hazards of foreign aid. The debt in late 2019 for the world was three times GDP. Among numerous other public honors, he is a Companion of the Order of Canada. | He is the author of Who We Are: A Citizen's Manifesto and has edited various essay collections on Canadian and international politics and history.He has been a television anchor on BNN, CTV and Bloomberg TV.

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