Hello Classmates.
joins the show this week. Philip is a macroeconomist and investment professional, and he's also the host of the Podcast.In this episode, Phil and I talk about why European nations are struggling so much economically, and why the macroeconomic environment shows that we're in for a scary ride, how the European Union and the European Central Bank are intervening in national elections, why central banks are increasingly intervening in democratic elections or political office, what is stopping the UK and European nations from re-industrialising, potential pathways to re-industrialisation, how to address labour shortages and low birth rates without giving more immigration than people can live with, and why Phil keeps changing his mind on the European Union and much, much more.
Phil knows his stuff and has a very broad view of trends in the UK, US and the European Union. And what struck me is just how committed the current crop of politicians, central bank leaders and mainstream economists seem to be to the current path, despite it showing every sign of having failed. The fragilities in the system keep building and there seems to be little way of avoiding an inevitable break. This is probably the most nuanced, balanced black pill you can get without going full doomer.
Enjoy the show class mates. And don't forget to subscribe.
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#044 - Philip Pilkington - Why European Countries Face Economic Ruination Of Their Own Making