AYA Analytica podcast content curation

As of December 2019, this regular podcast is available on our Andy Yeh Alpha fintech network platform . Global debt surges to more than $250 trillion in the fiscal year 2019 . The International Institute of Finance analytic report shows that both China and the U.S. account for more than 60% of this sharp increase in global debt. In particular, global government debt increases from $65 trillion to $70 trillion in the fiscal year 2019, and this increase arises primarily from the recent surge in U.S. federal debt. This latter public debt accumulation results from the recent Trump tax cuts and infrastructure expenditures. Meanwhile, the current low-interest-rate environment makes it extremely easy for public corporations and sovereign wealth funds to borrow more money worldwide. Total government debt represents more than 2.5 times annual real GDP in China. Low long-term government bond yields and high corporate debt mountains continue to be red alerts for the next recession in several ec...

As of November 2019, this regular podcast is available on our Andy Yeh Alpha fintech network platform. MIT financial economist Simon Johnson rethinks capitalism with better market incentives . Johnson refers to the recent Business Roundtable CEO statement that focuses on better stakeholder value maximization for workers, customers, and suppliers. Johnson proposes 3 main issues when we reconsider capitalism in response to the neoliberal consensus. First, market incentives are often positive in some specific contexts. It is not enough for entrepreneurs to raise capital to promote good social causes. Entrepreneurs often need a sustainable business model that promises steady future profits. Only profitable ventures survive the test of time, so founders and executive managers tend to fixate on near-term profitability. Second, powerful policymakers and interest groups can distort sensible economic analysis to bolster the consensus view of business sustainability. It would be better for all ...