From Beijing to the Box Room: The Global Forces Locking Out a Generation - podcast episode cover

From Beijing to the Box Room: The Global Forces Locking Out a Generation

Nov 28, 202434 minSeason 2024Ep. 97
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Episode description

On the eve of Ireland’s election, we shift focus to the global forces shaping our lives. Why can’t today’s youth afford homes like their parents could? The answer lies far beyond Ireland—in decisions made in Beijing in the 1990s, the mechanics of global monetary systems, and the ripple effects of China’s currency strategies on interest rates and property prices worldwide.Join us as we connect the dots between China's rise, America’s spending habits, and how these forces turned Irish homes into financial assets rather than affordable shelters. Plus, hear from monetary historian Russell Napier about what the unraveling of these 30-year trends could mean for the future. It's a deep dive into money, power, and policy you won’t want to miss.

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From Beijing to the Box Room: The Global Forces Locking Out a Generation | The David McWilliams Podcast - Listen or read transcript on Metacast