
About this episode
Donald Trump continued his streak of threatening tariffs against any country that opposes him, increasing the odds of an escalating trade war and further destabilising the global economic system. But according to this week’s guest, the system is in desperate need of reform. Indeed, she thinks without a complete structural overhaul, it will soon ‘blow itself up.’ On Downstream this week is Keynesian economist, Ann Pettifor, to discuss her latest book, ‘The Global Casino: How Wall Street Gambles with People and the Planet.’ In conversation with Ash Sarkar, they discuss the state of the global economy, and the ‘shadow’ banking system that holds $217 trillion in financial assets - beyond the control of any taxman.
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