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Speaker 2: Single best idea and the single best idea. I can't
Speaker 2: believe I'm saying this over twenty years ago, was to
Speaker 2: have an informed conversation. And there were battles then and
Speaker 2: along the way and even still now about the duration
Speaker 2: of the conversation and the need to lift up and
Speaker 2: particularly for all of you listening each and every day,
Speaker 2: and we're humbled by what in the industry is called
Speaker 2: time spent listening time spent watching, which is how long long,
Speaker 2: the length of how long people watch. And we're humbled
Speaker 2: by that each day our special events. We had a
Speaker 2: special event today in studio from London. Tina Fordham joined
Speaker 2: us with their colleague Abrambari at Fordham Global Foresight. They
Speaker 2: are the foundation of what City Group built in research
Speaker 2: and it's a long history. I'm not going to bore
Speaker 2: you with it. But the recent liftoff of City Group
Speaker 2: expertise was David Balin in the equity space and over
Speaker 2: into fixed income, and Willem Bouder, the giant from the
Speaker 2: Netherlands in economics, and then Katherine Mann. Catherine Mann came
Speaker 2: out of my record I can't remember right now, but
Speaker 2: I want to say over to brandeis outside Boston and
Speaker 2: then expertise, foundational expertise in the relationship of China with
Speaker 2: the United States, and wrapped around them was Ibraham Obarian
Speaker 2: Foreign Exchange in Tina Fordam in international relations. Here Tina
Speaker 2: Fordam her latest on Ukraine.
Speaker 3: Ukraine joining native I don't think has been a realistic goal.
Speaker 3: But Ukraine with having a European perspective, as the EU
Speaker 3: likes to say, is a realistic goal, and that is
Speaker 3: an anchor for the European Union. I think, you know,
Speaker 3: the military strategists like to quote the old saying that
Speaker 3: no plan survives first contact with the enemy. When Vice
Speaker 3: President Advance gets to Munich, he'll get an earfull and
Speaker 3: be confronted with the European reality because Russia's on our doorstep.
Speaker 3: We've got several Natal member states that are very concerned.
Speaker 3: This isn't just about creating a demilitarized zone in the
Speaker 3: occupied territories. If it were that simple land for peace,
Speaker 3: it would already have been done.
Speaker 2: China Fordham now her colleague imbrah Mbari here on our
Speaker 2: debt and our deficit.
Speaker 4: I think people have been missing how focused they are
Speaker 4: on to some degree managing what they see as a
Speaker 4: vulnerability in terms of the level of debt and deficit
Speaker 4: and how much power they have. I mean, the standard
Speaker 4: answer you get from anybody on US fiscal is well,
Speaker 4: the executive can't really do very much. Is congresses job.
Speaker 4: Congress is so dysfunctional and divided. We are seeing them
Speaker 4: taking out They're trying to cut spending. They have a
Speaker 4: lot more power over Congress than previous administrations have had.
Speaker 4: So there's I think interesting fiscal action going on right now,
Speaker 4: which is different from what people expect. There's the bigger
Speaker 4: question that a lot more people ask about, which is,
Speaker 4: you know, when are we entering the period of physical
Speaker 4: crisis in the US. And there, I think massive topic
Speaker 4: to watch. But that timing, you know, if anything is
Speaker 4: actually slightly pushed back relative to what we thought a
Speaker 4: couple of months ago, than you know, what people were expecting.
Speaker 2: Ibrambari and Tina Fordham A Forulnerablobal Foresight. What an eventful
Speaker 2: February it has begun. Of course, the Chairman's testimony and
Speaker 2: the CPI today and the PPI tomorrow, retail sales on Friday,
Speaker 2: all of a sudden becomes very important. I'm not going
Speaker 2: to take the sharpness of single best idea to pontificate
Speaker 2: on that, but it's a nominal number. That means it's
Speaker 2: a top line number. It's all in, including inflation. It'll
Speaker 2: be really interesting to see the linkage there retail sales
Speaker 2: dynamics over to what we see within the CPI on
Speaker 2: your commune across the nation. Thank you on Serious XM,
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Speaker 2: ninety nine one FM. Nathan Hager's batteries wore out in
Speaker 2: a snowblower. It was so deep by that I think
Speaker 2: I got the three inches of snow, so it just outrageous.
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