Adam Tooze on Davos, econ 101 and the surprising significance of China within the world financial system

Adam Tooze, economics historian and creator of Crashed: How a Decade of Monetary Crises Has Remodeled the World, joins Brendan Greeley, of the FT, and Mark Blyth, of Brown College, to clarify how our coverage has introduced us to the present state of affairs, why our concepts the functioning of the financial system is probably not match for goal, and the important thing position that China performed through the Nice Recession and continues to play as we speak. In addition they talk about the important significance of world capital flows in understanding our world and why world liquidity may be far more fragile than we want.

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