22: Niall Ferguson - Deciphering Today’s Political and Economic Jigsaw Through a Historic Lens - Podcast part 2. China and the new Cold War, Islamification and its threat to the West, the future of Education, and the revolution that technology is unleashing
Money Maze Podcast
Money Maze Podcast
4.8 • 216 Ratings
🗓️ 8 December 2020
⏱️ 37 minutes
🧾️ Download transcript
Summary
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In this second episode with Niall Ferguson, the conversation is an honest assessment of why he believes China and its political philosophy and approach are alien to Western values, and represent a clear and present danger. Niall explains how much has changed since Henry Kissinger’s historic mission to China in 1971, why belatedly Western Governments are increasingly recognising this but why the US remains a magnet for human talent, unlike China. The discussion continues on to the dangers posed by Islamification and the response by leaders such as President Macron and why job creation or its absence intensifies the problem. Niall then talks about the cost/benefit of University education, the parallels of this technological revolution with that of the introduction of the printing press and his thoughts on where he wants to invest. A veritable tour de force!
Transcript
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| 0:00.0 | Welcome to the Money Maze podcast. I'm Simon Brewer and we've created this show to explore and unravel some of the mysteries surrounding the investment business. We hope through direct and insightful interviews with Masters of the |
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| 1:08.3 | Thank you for listening. |
| 1:11.5 | We're delighted to announce our first sponsorship with Bramont, an award-winning British |
| 1:16.5 | company that produces beautifully engineered chronometers, designed to appeal to those who share |
| 1:22.0 | the passion and appreciation of the innovation and mastery behind a beautiful mechanical wristwatch, brought to you |
| 1:29.2 | by our title partner, the luxury British watchmaker, Vermont. So welcome back to the second |
| 1:37.1 | part of this fascinating conversation with Neil Ferguson. In the first episode, we covered the |
| 1:42.6 | pandemic, policy responses, money and debt creation, |
| 1:46.4 | and its consequences. Today, for the second part, we dive straight into the Chinese challenge. |
| 1:52.9 | Charles Moore, writing The Spectator a couple of weeks ago, said that China's greatest export of |
| 1:56.7 | 2020 is COVID-19, exacerbating pre-existing tensions. And you've commented that Kissinger, |
| 2:03.3 | in 1970, opened up the dialogue with China, acknowledged that we were in the opening phase of Cold War |
| 2:08.5 | 2. So can you provide us with your perspectives on where we are? Well, I'm in the midst of writing a biography |
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